The crypto market remained under pressure on Thursday as renewed military 
tensions between the United States and Iran triggered another sharp wave of 
liquidations and ETF outflows. According to data from CoinGecko, the total 
cryptocurrency market capitalization fell roughly 4%…

The crypto market remained under pressure on Thursday as renewed military tensions between the United States and Iran triggered another sharp wave of liquidations and ETF outflows. According to data from CoinGecko, the total cryptocurrency market capitalization fell roughly 4%…

Why is the crypto market going down today? (May. 28)

The rise in compliance among crypto firms by 2026 signals a maturing industry, 
yet gaps with traditional finance highlight ongoing challenges.
The post Chainalysis reports 47% of crypto firms meet strict compliance 
standards in 2026 appeared first on Crypto Briefing.

The rise in compliance among crypto firms by 2026 signals a maturing industry, yet gaps with traditional finance highlight ongoing challenges. The post Chainalysis reports 47% of crypto firms meet strict compliance standards in 2026 appeared first on Crypto Briefing.

Chainalysis reports 47% of crypto firms meet strict compliance standards in 2026

Around 47% of crypto organizations onboarded in 2026 are operating at alerting 
standards that would have ranked among the industry’s strictest five years 
ago.

Around 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago.

Crypto companies have tightened compliance, but gaps remain: Chainalysis

The escalation in military actions heightens geopolitical tensions, impacting 
global oil markets and influencing central bank policies.
The post Iran targets US airbase after Trump dismisses Hormuz deal report 
appeared first on Crypto Briefing.

The escalation in military actions heightens geopolitical tensions, impacting global oil markets and influencing central bank policies. The post Iran targets US airbase after Trump dismisses Hormuz deal report appeared first on Crypto Briefing.

Iran targets US airbase after Trump dismisses Hormuz deal report

On Tuesday, the Hyperliquid token (HYPE) surged to a new all-time high of $65, 
briefly propelling the cryptocurrency into the top ten by market 
capitalization and drawing fresh attention to the platform’s underlying 
momentum. Grayscale Research released a new report 24 hours later on 
Wednesday, breaking down why Hyperliquid has worked so well so far, what has 
helped it expand beyond crypto trading, and what investors may look for next. 
Hyperliquid Beyond Crypto Perps In its report, Grayscale said Hyperliquid’s 
scale and growth can now be compared with the largest crypto derivatives 
venues, pointing to activity that has grown alongside its open interest and 
fees. The firm noted that Hyperliquid handled about $2.9 trillion in perpetual 
futures (perps) volume in 2025 and currently holds roughly $7 billion in open 
interest. Related Reading: Will XRP Price Ever Reach $200? Top Expert 
Discloses What Must Happen First The asset manager also ranked Hyperliquid as 
the third or fourth-largest perpetual futures exchange by open interest, 
emphasizing that volume, open interest, fees, and market awareness have risen 
together even as the platform has started expanding from crypto-native 
products into a wider range of tradable exposures. One of Grayscale’s key 
themes was that Hyperliquid hasn’t limited its expansion to traditional crypto 
perps. Instead, it has moved toward a broader set of products through an open 
architecture approach. HIP-3 And HIP-4’s Success New functionality is 
introduced via Hyperliquid Improvement Proposals (HIPs), and those products 
are built and deployed by third-party teams rather than by Hyperliquid’s 
original creators. Grayscale highlighted HIP-3 as a major step in this 
direction. HIP-3 enables builders to launch new perpetual markets, including 
non-crypto assets such as stocks, commodities, and index-based products. 
Grayscale said the volume data support that view. During the February silver 
spike, silver HIP-3 perps reportedly reached more than $4 billion in daily 
volume. In a window on February 5, 2026, HIP-3 silver perp volume traded at 
roughly 1% of COMEX’s silver notional volume. Building on that momentum, 
Grayscale pointed to HIP-4, which it described as extending the model to 
outcome markets—binary options that resemble prediction-market contracts. 4 
Reasons Behind The Platform’s Growth Alongside its product expansion, 
Grayscale said there are several reasons Hyperliquid has been able to stand 
out. The report emphasized product focus, arguing that Hyperliquid was built 
around the perpetuals trading use case rather than treating trading as one 
feature among many. In Grayscale’s view, that allowed the platform to 
prioritize what active traders care about most: fast order entry, reliable 
execution, clear and readable positions, and an exchange-style interface that 
feels familiar. The firm also highlighted distribution, arguing that the 
builder-code and frontend approach gives third parties a reason to route users 
into the same liquidity base instead of fragmenting attention across separate 
venues. Grayscale added that the economics have already been meaningful; it 
cited Phantom’s integration of Hyperliquid perps through builder codes, noting 
Phantom has earned roughly $19.7 million from routed trading fees. Lastly, 
Hyperliquid’s token distribution was structured to reward platform users 
rather than venture investors or pre-selected insiders, which Grayscale said 
helped build a different kind of early ownership. Key Risks For HYPE Even with 
the optimistic growth narrative, Grayscale ended by warning investors to 
consider both familiar crypto risks and some platform-specific concerns. It 
said HYPE’s annualized price volatility is about 80%, roughly 40 percentage 
points higher than Bitcoin. Related Reading: Ethereum (ETH) Next Rally Could 
Start With These Two Triggers, Top Analyst Says It added that Hyperliquid’s 
growth potential partly depends on changes to United States financial services 
regulation that could open access to a broader set of users. Without those 
shifts, Grayscale warned the platform’s expansion may end up being limited 
mostly to other jurisdictions, potentially capping how far it can grow. Still, 
the report’s concluding message was that if Hyperliquid continues executing 
well, retains and grows its community, and benefits from regulatory 
developments that make broader adoption possible, it could become a “financial 
services juggernaut.” Featured image created with OpenArt; chart from 
TradingView.com

On Tuesday, the Hyperliquid token (HYPE) surged to a new all-time high of $65, briefly propelling the cryptocurrency into the top ten by market capitalization and drawing fresh attention to the platform’s underlying momentum. Grayscale Research released a new report 24 hours later on Wednesday, breaking down why Hyperliquid has worked so well so far, &#8230;

Hyperliquid (HYPE) In The Spotlight: Grayscale’s Latest Report Says What Comes Next

Geopolitical tensions highlight vulnerabilities in global markets, impacting 
oil and crypto, while boosting interest in decentralized finance.
The post Oil prices surge over 2% as Iran and US trade air strikes, sending 
shockwaves through crypto markets appeared first on Crypto Briefing.

Geopolitical tensions highlight vulnerabilities in global markets, impacting oil and crypto, while boosting interest in decentralized finance. The post Oil prices surge over 2% as Iran and US trade air strikes, sending shockwaves through crypto markets appeared first on Crypto Briefing.

Why is the crypto market going down today? (May. 28)

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