Hyperlicid in discussion with CFTC for US compliance, Hype hits new ath

Hyperlicid Labs today explained the details of the two commentary applications, which were presented to the US Commodity Futures Trading Commission (CFTC) always addressing the 2nd derivatives and 24/7 trading rules. Why did the forum take this regulator approach because the promotional value hits a new Ath?

Why did Hyperlicid present a letter to CFTC?

Hyperlicid labs submitted Two remarks For the Commodity Futures Trading Commission in response to the requests of the regulator for commenting on always derivatives and 24/7 trading. The platform basically wanted to be a practical example of how decentralized finance theory could address regulatory concerns and also maintain market efficiency and user safety.

Presenting on 24/7 trading highlighted the operating capabilities of hyperlicid. This includes continuous liquidity through pre-funded collateral that removes dependence on traditional banking infrastructure. The automatic liquidation system of the platform continuously disclies margin requirements with every trade and oracal value updates. It also addresses the collateral management concerns raised by CFTC.

Always, about derivatives, Hyperlicid emphasized the benefits of on-chanting. The platform advocated for a theory-based regulatory approach, focusing on risk profiles and consumer protection rather than fixed classifications that can limit innovation.

The company expressed his commitment to being a creative partner with regulatory bodies and also supported the United States status as a leader in financial innovation. Hyperlicid letter submission comes at a time when bitcoin has hit a new all-time and is Danger of crashing up to $ 100K,

Hype price hits on new ath

A new all-time of the hyp token $ 35.9 has reached a high level and its strong price continues to increase. The token has shown a profit of 14.1% in 24 hours, 31.3% in 7 days and 84.4% in the previous month. The figures of the cryptocurrency industry brings this value increase between institutional attention, regulatory moves and high-profile endorsment.

Former CEO of Bitmex, Arthur Hayes, are especially fast on publicity. He recently bought tokens worth $ 2 million when they were trading at $ 14.6. Hayes has maintained her prediction Publicity can reach $ 100 per tokenThis prediction trains falls on hyperlicids amidst a large -scale leveraged trading position of the trader James Vyan and is called the best advertisement for the platform.

The former exchange executive has continued to show support for the tokens. He posted a hyp chart a few hours ago and called it “Beast Mode”. The $ 100 price target of the Hes shows that he sees sufficiently reverse capacity from the current levels.

Whale lost $ 23.5m post price hike

A major whale investor has suffered a loss of attempting low publicity tokens during recent price hikes. Whale, identified by the Wallet Address 0x20B1, was forced to close and close all hype short posts about two hours after the token rally intensified. This resulted in a loss of $ 23.5 million.

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Source: Lukanchain

According to Luconchen data, the investor was constantly betting against the campaign from April 29. Whale also deposited a total of 30.5 million USDC for hyperlicid to maintain a small position with 5X leverages. However, the upward price movement eventually forced the liquidation of these positions and the whale has been left out of the original capital with only $ 6.98 million remaining.

Analyst Ansam The current value of the hyp in 2021 draws similarities between action and early solana. They have noted similarities in the fractal pattern. ANSEM states that when Solana partnered with FTX, Hyperlicid serves as a fully on-chant perpatible exchange with hypercore and hyperev, about 97% of revenue flows straight to the token holders directly.

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Vignesh karunanidhi

Vignesh Karunanidhi is an experienced Crypto journalist with an experience of about 7 years in the Cryptocurrency industry. He has contributed to several publications, including Watcherguru, Beincrypto, Milchroad, and more than 10,000 articles have been written.

Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.


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