The BIT-associated address has once again sold 100,000 HYPE, bringing the total sold to 200,000 HYPE.
May 8 — Per Onchain Lens monitoring, a BIT-related address has once again sold 100,000 HYPE tokens. To date, this address has offloaded a total of 200,000 HYPE, worth 8.447 million USDC, at an average price of $42.24 per token.
The wallet still holds 203,290 HYPE, currently valued at approximately $8.65 million.
8 minutes ago
US and Iran Clash Again in the Hormuz Strait, Trump Says Ceasefire Ongoing, Retaliatory Strike a 'Mild Punishment'
**May 8 – U.S. Central Command (CENTCOM) said Thursday a U.S. Navy destroyer came under attack from Iran while transiting the Strait of Hormuz, with U.S. forces responding immediately.**
In its statement, CENTCOM noted Iran targeted three U.S. warships with “multiple missiles, drones and fast boats” — but no U.S. vessels were hit. U.S. forces “neutralized the threat” and struck Iranian military facilities responsible for the attack, including missile and drone launch sites, command and control centers, and intelligence, surveillance and reconnaissance (ISR) nodes. The command added the U.S. “is not seeking escalation but remains postured to protect U.S. forces.”
Early Thursday local time, a spokesperson for Iran’s Armed Forces (Hatam Anbia Central Command) issued a statement accusing the U.S. of violating a ceasefire: it targeted two vessels — one sailing from Iran’s Jask coast toward the Strait of Hormuz, another entering the strait from the UAE’s Fujairah Port. The statement al
8 minutes ago
The US Stock Market Data Storage Sector Weakened, with SanDisk Falling by 4.97%
May 8 – Bitget market data shows U.S. stocks closed lower Thursday:
The Dow Jones Industrial Average (Dow) fell 0.63%, the S&P 500 dropped 0.38%, and the Nasdaq Composite declined 0.13%.
U.S. semiconductor stocks also posted losses:
SanDisk slid 4.97%, Western Digital fell 3.98%, Micron Technology dropped 2.99%, and Seagate Technology was down 2.54%.
### Notes on American English style:
- **Conciseness**: Uses short, punchy sentences (common in financial alerts).
- **Terminology**: Specifies full index names (Dow Jones Industrial Average, Nasdaq Composite) for clarity (U.S. audiences often reference these full monikers).
- **Verb variety**: Mixes *fell*, *dropped*, *slid* (avoids repetitive "decline" for flow).
- **Date format**: "May 8" (no "th" in casual/alert style; full "May 8th" is also acceptable but shorter is preferred for brevity).
- **Abbreviation**: "Tech" (common shorthand for "Technology" in U.S. financial copy).
8 minutes ago
HYPE Treasury company Hyperliquid Strategies releases financial report: Nine-Month Net Loss as of March 31 reaches $165 million
Hyperliquid Strategies, the treasury firm behind the HYPE token, disclosed its third-quarter report on Thursday, revealing it currently holds roughly 20 million HYPE tokens. Since its founding in December 2025, the company has deployed $216 million to acquire approximately 7.3 million HYPE tokens. Hyperliquid Strategies went public last year via a merger with Sonnet BioTherapeutics, focusing on accumulating HYPE tokens to maximize shareholder value through staking, yield optimization, and ecosystem participation.
Beyond HYPE purchases, the firm also allocated $10.5 million to repurchase roughly 3 million shares of PURR stock at an average price of $3.42 per share. It maintains a cash position of $103 million for future treasury deployments, share buybacks, and other corporate expenses.
For the nine months ended March 31, the company reported a net loss of $165.4 million. The filing noted the loss was “primarily driven by” a $64 million unrealized net loss on HYPE tokens, a $35.6 mill
8 minutes ago
A whale went long 3X on 1.97 million TON tokens, equivalent to $5.39 million.
On May 8, per LookOnChain data, a whale at address 0xee25 took a 3x leveraged long position on 1.97 million TON (valued at ~$5.39 million) over the past 5 hours, with a liquidation price of $0.944.
8 minutes ago
Trump: Smooth Progress in Negotiations with Iran, Agreement Could Be Reached at Any Time
May 8: U.S. President Donald Trump said today’s strike on Iran “hit them hard.”
On a potential Iran deal, he noted it “may not happen, but could happen any time—I think they’re more eager than I am.”
He added the ceasefire remains in effect despite the strike.
“They pulled a trick on us today—we hit back hard. They pulled a trick again; I call that ‘a little trick,’” Trump said.
He also warned: “Negotiations are going very smoothly, but they need to know if no deal is signed, they’ll suffer greatly.”
(FX Street)
8 minutes ago
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