JUST IN: Scientists say AI has decoded communication patterns in mice, dolphins, apes, birds, whales, & cuttlefish — could eventually lead to humans communicating directly with animals.
No matter your thoughts on Hyperliquid, the entire industry should be rooting for $HYPE to decouple from $BTC rn.
For the future of the asset class, it would be much cleaner if we can express bullish views on individual top 50 tokens without needing $BTC to oblige.
The last time I saw consensus, market conviction and price action on the same scale with Hype was with SOL (2023), BNB (2021) and ETH (2017).
There is officially a new contender for the #2 spot behind BTC.
I profess I don't know the technicalities of Hyperliquid. My forte is Bitcoin + Ethereum.
However, I have been trading for a while and this $HYPE move has all the characteristics of a classic parabolic run with a blow off top in the making.
Everyone's looking to short but I bet you in 2 or 3 weeks you've got your normie mates in your DM's asking about 'what Hyperliquid is' and the price is about $120
It just screams of that kinda move.
Also, no one has anything else to buy right now. Everything is sideways. There's nothing running. This is a runner.
Very similar to LINK bear market run IMO.
Curious if anyone has a counter or seeing something i'm not?
We welcome today’s CFTC actions: approval of the first U.S.-listed perpetual derivatives contract, an accompanying Commission policy statement on the listing of perpetual derivatives, related interpretive guidance and no-action relief from the Market Participants Division, and a Staff Advisory on 24/7 Trading, Clearing, and Settlement, as a long-overdue acknowledgment that perpetual derivatives are a legitimate and essential tool for price discovery and risk management.
For too long, regulatory ambiguity drove these markets offshore, depriving American traders and institutions of access to regulated venues and undermining U.S. competitiveness in the global derivatives markets.
Today’s actions chart a new path forward. We look forward to engaging closely with the Commission to ensure that the framework it develops is workable not only for centralized intermediaries, but for the onchain protocols where the most significant perpetuals activity actually occurs.
current circulating market of hyperliquid is about the same as solana's market cap when it traded at $20 in october of 2023 before going to $200 in < 6 months
@jconnorholliman@coinbase For any hiring manager seeing this, Connor is fuckin great.
He works his ass off, is extremely knowledgeable and passionate and is a genuinely great human.
He will add wayyyy more to your team than what the job requires.