Multicoin Capital's bull prediction for $HYPE is $689 by 2028
With a base case of $319, and a bear case of $109
The same firm spotted $BNB at $10 in 2019, and they don't make these calls lightly
They just called Hyperliquid the most significant crypto exchange launch since Binance
The thesis: becoming the everything exchange.
Any asset, any time, fully on chain, real token value capture built in
No regulatory compromises, no legacy infrastructure, no middleman, no counterparty risk
Binance had first mover advantage
Hyperliquid has structural advantage
At $689 $HYPE would be larger than the entire global crypto derivatives market today
Think about what that means
I found the Multicoin Capital news this first via the @VelocityTradeX news terminal
IT'S OFFICIAL: Binance is leaving EU on July 1st
But only for a few months. Apparently they've already found another country to file for the license.
But they're not telling anyone which one is it.
We'll find out in a few months, as Binance reported.
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Still early
Website: https://t.co/WLAxrnAlR9
In 7 days, Binance and 2,800+ other exchanges face restrictions or full blocks across the EU and EEA.
KuCoin already got banned in February. MEXC and HTX are next.
The deadline to obtain a license is July 1st.
No grace period or extensions are allowed.
For millions of European users that means:
> accounts frozen overnight
> withdrawals withheld (with no confirmed return date)
> platforms going dark
Centralized exchanges are gatekeepers by design, when the regulator flips the switch, they have no choice but to comply
Self custody changes that equation entirely
No centralized party can freeze your wallet, no regional ruling can block your access, and no exchange decision can force you out of your own funds
Velocity was built for exactly this moment.
Velocity stays open.
THE ETHEREUM FOUNDATION CUT 20% OF STAFF
Apparently it's part of a major organizational restructuring.
But this doesn't matter for the protocol, since the validator counts are stable and upgrades are on track.
It's all good, ethereum:native can go back to being a stablecoin.