Bitcoin to $110K subsequent, Hyperliquid whale baggage $6.2M ‘brief’ exploit: Finance Redefined

Bitcoin value is poised to hit $110,000 earlier than retesting the $76,500 vary, in response to Arthur Hayes, pointing to easing inflationary issues and extra favorable financial coverage situations within the US which are set to bolster threat belongings, together with the world’s first cryptocurrency.

Nonetheless, the decentralized finance (DeFi) trade took one other hit after an unknown whale exploited Hyperliquid’s algorithms to generate over $6 million in revenue on a memecoin brief place.

Bitcoin “extra doubtless” to hit $110,000 earlier than $76,500 — Arthur Hayes

Bitcoin could attain a brand new all-time excessive of $110,000 earlier than any vital retracement, in response to some market analysts who cite easing inflation and growing world liquidity as key components supporting a value rally.

Bitcoin (BTC) has risen for 2 consecutive weeks, reaching a bullish weekly shut simply above $86,000 on March 23, TradingView knowledge exhibits.

Mixed with fading inflation-related issues, this will likely set the stage for Bitcoin’s rally to a $110,000 all-time excessive, in response to Arthur Hayes, co-founder of BitMEX and chief funding officer of Maelstrom.

Hayes wrote in a March 24 X submit:

“I wager $BTC hits $110k earlier than it retests $76.5k. Y? The Fed goes from QT to QE for treasuries. And tariffs don’t matter reason for “transitory inflation.” JAYPOW informed me so.”

“What I imply is that the worth is extra more likely to hit $110k than $76.5k subsequent. If we hit $110k, then it’s yachtzee time and we ain’t trying again till $250k,” Hayes added in a follow-up X submit.

Quantitative tightening (QT) is when the US Federal Reserve shrinks its steadiness sheet by promoting bonds or letting them mature with out reinvesting proceeds, whereas quantitative easing (QE) signifies that the Fed is shopping for bonds and pumping cash into the economic system to decrease rates of interest and encourage spending throughout troublesome monetary situations.

Different analysts identified that whereas the Fed has slowed QT, it has not but totally pivoted to easing.

“QT shouldn’t be ‘principally over’ on April 1st. They nonetheless have $35B/mo coming off from mortgage backed securities. They simply slowed QT from $60B/mo to $40B/mo,” in response to Benjamin Cowen, founder and CEO of IntoTheCryptoVerse.

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Hyperliquid whale nonetheless holds 10% of JELLY memecoin after $6.2 million exploit

A crypto whale who allegedly manipulated the worth of the Jelly my Jelly (JELLY) memecoin on decentralized change Hyperliquid nonetheless holds practically $2 million value of the token, in response to blockchain analysts.

The unidentified whale made at the very least $6.26 million in revenue by exploiting the liquidation parameters on Hyperliquid.

Based on a postmortem report by blockchain intelligence agency Arkham, the whale opened three giant buying and selling positions inside 5 minutes: two lengthy positions value $2.15 million and $1.9 million and a $4.1 million brief place that successfully offset the longs.

When the worth of JELLY rose by 400%, the $4 million brief place wasn’t instantly liquidated on account of its measurement. As a substitute, it was absorbed into the Hyperliquidity Supplier Vault (HLP), which is designed to liquidate giant positions.

The entity should be holding practically $2 million value of the token’s provide, in response to blockchain investigator ZachXBT.

“5 addresses linked to the entity who manipulated JELLY on Hyperliquid nonetheless maintain ~10% of the JELLY provide on Solana ($1.9M+). All JELLY was bought since March 22, 2025,” he wrote in a March 26 Telegram submit.

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Constancy plans stablecoin launch after SOL ETF “regulatory litmus check”

Constancy Investments is reportedly within the ultimate phases of testing a US dollar-pegged stablecoin, signaling the agency’s newest push into digital belongings amid a extra favorable crypto regulatory local weather below the Trump administration.

The $5.8 trillion asset supervisor plans to launch the stablecoin by its cryptocurrency division, Constancy Digital Property, in response to a March 25 report by the Monetary Occasions citing nameless sources acquainted with the matter.

The stablecoin improvement is reportedly a part of the asset supervisor’s wider push into crypto-based companies. Constancy can also be launching an Ethereum-based “OnChain” share class for its US greenback cash market fund.

Constancy’s March 21 submitting with the US securities regulator acknowledged the OnChain share class would assist monitor transactions of the Constancy Treasury Digital Fund (FYHXX), an $80 million fund consisting virtually totally of US Treasury payments.

Whereas the OnChain share class submitting is pending regulatory approval, it’s anticipated to take impact on Could 30, Constancy mentioned.

More and more extra US monetary establishments are launching cryptocurrency-based choices after President Donald Trump’s election signaled a shift in coverage.

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Polymarket faces scrutiny over $7 million Ukraine mineral deal wager

Polymarket, the world’s largest decentralized prediction market, is below hearth after a controversial end result raised issues over potential governance manipulation in a high-stakes political wager.

A betting market on the platform requested whether or not US President Donald Trump would settle for a uncommon earth mineral take care of Ukraine earlier than April. Regardless of no such occasion occurring, the market was settled as “Sure,” triggering a backlash from customers and trade observers.

This may occasionally level to a “governance assault” by which a whale from the UMA Protocol “used his voting energy to govern the oracle, permitting the market to settle false outcomes and efficiently revenue,” in response to crypto risk researcher Vladimir S.

“The tycoon forged 5 million tokens by three accounts, accounting for 25% of the overall votes. Polymarket is dedicated to stopping this from taking place once more,” he wrote in a March 26 X submit.

Polymarket employs UMA Protocol’s blockchain oracles for exterior knowledge to settle market outcomes and confirm real-world occasions.

Polymarket knowledge exhibits the market amassed greater than $7 million in buying and selling quantity earlier than deciding on March 25.

Nonetheless, not everybody agrees that it was a coordinated assault. A pseudonymous Polymarket person, Tenadome, mentioned that the result was the results of negligence.

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DWF Labs launches $250 million fund for mainstream crypto adoption

Dubai-based crypto market maker and investor DWF Labs launched a $250 million Liquid Fund to speed up the expansion of mid- and large-cap blockchain initiatives and drive real-world adoption of Web3 applied sciences.

DWF Labs is ready to signal two funding offers value $25 million and $10 million as a part of the fund.

The initiative goals to develop the crypto panorama by providing strategic investments starting from $10 million to $50 million for initiatives which have the potential to drive real-world adoption, in response to a March 24 announcement shared with Cointelegraph.

The fund will deal with blockchain initiatives with vital “usability and discoverability,” in response to Andrei Grachev, managing accomplice of DWF Labs.

“We’re focusing our help on mid-to-large-cap initiatives, the tokens and platforms that usually function entry factors for retail customers,” Grachev informed Cointelegraph, including:

“Nevertheless, good expertise and utility alone isn’t adequate. Customers first want to find these initiatives, comprehend their worth and develop belief.”

“We consider that strategic capital, coupled with hands-on ecosystem improvement, is the important thing to unlocking the following wave of development for the trade,” he mentioned.

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DeFi market overview

Based on knowledge from Cointelegraph Markets Professional and TradingView, many of the 100 largest cryptocurrencies by market capitalization ended the week within the inexperienced.

Of the highest 100, the BNB Chain-native 4 (FORM) token rose over 40% because the week’s greatest gainer, adopted by the Cronos (CRO) token, up over 37% on the weekly chart, regardless of blockchain investigators accusing Crypto.com of manipulating the CRO token provide, after reissuing 70 billion tokens that have been “completely” burned in 2021.

Thanks for studying our abstract of this week’s most impactful DeFi developments. Be part of us subsequent Friday for extra tales, insights and training concerning this dynamically advancing area.