Arthur Hayes Fuels HYPE Rally!

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Here's what we've got for you today:

• Hyperliquid Spikes as Arthur Hayes Predicts 126x Upside in Tokyo

• One Year Later Pavel Durov Says French Investigation Stalled

• Saylor Signals Third Consecutive Strategy Bitcoin Buy in August

• Vitalik Buterin Says Lack of Interest Payouts Makes Prediction Markets ‘Unappealing’ for Hedging

🚀 Hyperliquid Spikes as Arthur Hayes Predicts 126x Upside in Tokyo

Hyperliquid’s HYPE jumped 4% after Arthur Hayes forecast a 126x surge fueled by stablecoin-driven growth in DEX revenues.

• The price of Hyperliquid’s HYPE rose almost 4% in the past 24 hours, and briefly topped $47.

• Arthur Hayes, BitMEX co-founder, predicted at Tokyo’s WebX 2025 conference that HYPE could see a 126x increase over three years.

• Hayes expects stablecoin expansion to boost Hyperliquid’s annualized fees from $1.2 billion to $258 billion, driving growth for the decentralized derivatives exchange.

🛑 One Year Later Pavel Durov Says French Investigation Stalled

Durov once again criticized French prosecutors for what he described as an “unprecedented” criminal case against him.

• Telegram founder Pavel Durov criticized France’s ongoing investigation against him, calling it “unprecedented” and lacking evidence.

• He defended Telegram’s moderation standards by saying the platform complies with all legally binding requests from French authorities.

• Durov warned that the case already caused “irreparable damage” to France’s reputation, and he is obligated to return every 14 days with no appeal date set.

💰️ Saylor Signals Third Consecutive Strategy Bitcoin Buy in August

Michael Saylor signaled Strategy’s next Bitcoin purchase even as the firm’s holdings exceed $72 billion.

• Strategy co-founder Michael Saylor hinted at yet another Bitcoin purchase, which would be the company’s third in August.

• On Aug. 18, Strategy bought 430 BTC for $51.4 million, which raised its total holdings to 629,376 BTC worth over $72 billion.

• Data shows that the firm is up 56% on its Bitcoin investment, with $25.8 billion in unrealized gains at current prices.

💬 Vitalik Buterin Says Lack of Interest Payouts Makes Prediction Markets ‘Unappealing’ for Hedging

Vitalik Buterin says prediction markets lack yield, making them poor hedging tools.

• Vitalik Buterin argued that prediction markets are currently unattractive for hedging since they don’t pay interest, unlike stable dollar assets offering ~4% APY.

• He suggested that solving this issue could unlock new hedging use cases and boost volumes.

• His comments come after Polymarket’s July volume slipped to $1.06 billion from $1.16 billion.

👀 QUICK NEWS

• Bitcoin Treasury Firm Metaplanet Graduates to FTSE Japan and All-World Indexes

• ETH Breaks $4,956 ATH in 2025 Rally With More Upside Potential

• RWA Tokenization Market to Reach $16T by 2030, Skynet Report Says

• Rising Fed Rate Cut Chatter May Be Risky for Crypto, Santiment Warns

• Philippines Proposes 10,000 BTC Strategic Reserve with 20-Year Lockup

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