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The Hyperliquid price has climbed 24% in a week to trade at $55.27 as of 4:05 a.m. EST on a 7% decrease in trading volume in the last 24 hours to $392 million. That coincides with news that E thena Labs is joining the race to secure a major position in Hyperliquid’s $5 billion USDH stablecoin ecosystem with a bid that involves asset management giant BlackRock. 🚨 LATEST: Ethena becomes the 6th contender for Hyperliquid's USDH stablecoin bid, pledging to return 95% of reserve revenue to the community, cover migration costs from USDC to USDH and committed at least $75M in ecosystem incentives. pic.twitter.com/AwEL9l14hK — Cointelegraph (@Cointelegraph) September 10, 2025 Ethena Labs proposed a version of USDH to be backed by USDTb, the project’s stablecoin that has 100% backing by BlackRock’s BUIDL fund. 🌐Ethena Labs, the developers of the synthetic dollar protocol, have introduced a proposal for the Hyperliquid stablecoin. USDH will be indi...

CZ’S Dog (broccoli.gg) meme coin has become a prime example of how influential figures can inadvertently shape the crypto market with a single post. The situation unfolded when Binance’s CZ posted a picture of his dog, Broccoli, which quickly sparked a wave of speculation and hype in the meme coin sector. Given CZ’s position and influence in the industry, many traders saw this as a signal to create and pump a Broccoli-themed token, leading to a surge of activity on the Binance Smart Chain (BSC). However, the rapid rise was soon followed by an equally swift downturn, as the market reacted to the realization that CZ had no direct involvement in launching a meme coin. Broccoli's Story A year and a half ago, I casually chatted with a friend who owned a (real) zoo in Dubai. Curious, I asked what dog breed is adapted to the Dubai summer heat. I had no plans to get a dog. Later that evening, my doorbell rang, and a young Belgian Malinois showed… pic.twitter.com/v...