Coinbase: Expands Hyperliquid Support with USDC

Coinbase has stepped up as the official treasury deployer of USDC for HyperliquidX, enabling 24/7 onchain markets with always-available, instantly transferable, and deeply liquid collateral that USDC provides. The exchange also ramped up its staked HYPE holdings significantly, signaling deeper commitment to the platform's ecosystem amid recent crypto market volatility that echoes last fall's Bitcoin surge to $140K highs.

From a technical confluence standpoint, HYPE trades at $44.54 in a clear bullish structure, comfortably above the EMA50 at $42.26 and EMA200 at $41.35, which act as rock-solid long-term supports reinforcing upward momentum. The MACD at 0.98 confirms this with a fresh golden cross, while RSI at 58.65 stays neutral, avoiding overbought territory as price consolidates inside Bollinger Bands—eyeing upper resistance at $47.38 for a potential breakout, with $36.0 lower support offering a safety net against any short-term pullbacks in this HYPE price prediction cycle.