# UPDATE

$HYPE
Price is grinding lower after a failed push above the 38 zone. Structure has flipped bearish with lower highs, and price is trading below key moving averages — momentum still weak.
• Support: 30.0–29.6 (make or break)
• Resistance: 32.5 → 33.8
• Bias: Cautious short-term, relief bounce only if support holds
Below 30 opens room for deeper continuation. Patience > prediction.
#HYPE #Market #Update

#Update
Gate has launched a new UNI and AAVE futures trading challenge and it’s now live.
If you’re already trading futures this is an easy way to earn extra rewards. You can get daily check in rewards, claim airdrops by depositing, and take part in a $50 000 USDT prize pool shared among participants.
They’re also giving out up to 370 USDT for active users during the campaign.
Nothing complicated. Just trade check in daily and collect rewards.
$BTC ‌$UNI ‌$AAVE ‌

New Projects & Corporate Moves
SoFi launches a fully backed stablecoin (SoFiUSD) — A new U.S. dollar stablecoin was announced, designed for payments, remittances, and trading infrastructure.
Coinbase expands beyond crypto trading — Coinbase added stock trading and prediction markets to its app, moving into direct competition with platforms like Robinhood.
Erebor Bank nears launch after FDIC approval — Palmer Luckey’s crypto-centric bank startup has cleared a key regulatory hurdle toward going live.
Also follow me for more updates concerning the crypto space..
#CryptoMarketWatch #update