MORGAN STANLEY REVERSES BITCOIN ZERO CALL
The suits who declared $BTC 'could be worth zero' in 2017 are now celebrating their most successful ETF launch this week.
Nothing exposes TradFi's hypocrisy like stacking the exact asset they once ridiculed.
This capitulation further cements Bitcoin's victory over the old guard. 🏆 😎
“I dont believe we shall ever have a good money again before we take the thing out of the hands of the government. Well we cant take them violently out of their hands.
All we can do is by some sly roundabout way introduce something that they cant stop”
-Fredrich von Hayek
🚨 BTC PLAYBOOK
We’ve seen this exact fractal before
History is repeating itself in real time
1) Bear flag formed
2) Liquidity swept at the top
3) Rejection confirmed
The January breakdown was just the start
Target: $40,000
JUST IN: IRAN COULD SOON BE EARNING 10,000 #BITCOIN A MONTH FROM OIL TANKER PAYMENTS
$2,000,000 PER SHIP. 10 SHIPS PER DAY
OIL IS BEING PRICED IN BTC
THE NEXT RESERVE CURRENCY 🔥
My core beliefs haven't changed:
You should earn the yield on your money – not the bank.
They make 5%, you get 1%, and call it “savings.”
You should have the right to custody your own assets.
No one should be able to freeze your funds.
You should be free to transact – privately and globally.
None of that should require permission.
Somehow, we’ve started cheering as governments take more control and championed legislation that could tighten the noose.
What are we actually sacrificing for that “permission?”
The US bond market is in major trouble today.
Just hours after President Trump's "10-day pause" of strikes on Iranian power plants, yields are at their highest level of the Iran War yet.
The 10Y Note Yield is up to 4.47% with mortgage rates hitting fresh 7-month highs.
In less than one month, markets have gone from discussing rate cuts to rate hikes, with the base case showing a Fed PAUSE for the next 18 months.
Keep in mind, the Fed was cutting interest rates because the labor market was weak, and it remains weak.
However, inflation expectations have just become an even bigger problem than the labor market.
This is objectively unsustainable.
GOOD LORD! Hyperliquid has overtaken Coinbase in notional trading volume.
It now processes almost 2x the notional volume of one of crypto's largest centralized platforms.
→ Hyperliquid: $2.6T
→ Coinbase: $1.4T
For years, the assumption was that onchain exchanges couldn't compete with CEX infrastructure on speed, liquidity, or volume.
Hyperliquid has flipped that notion on its head.
Here's what's actually driving this:
The core mechanic isn't just perps anymore.
It's Real World Assets (RWAs).
In late January, Hyperliquid captured 2% of the world's primary silver market.
The kicker?
They only listed silver about 30 days before that.
(2% of global silver trading volume on an asset listed just one month prior is bonkers!)
Now, here’s how that kind of volume capture has direct downstream effects on investors:
Trade fees on Hyperliquid are paid in $HYPE, so all that silver volume translated directly to token demand, pushing $HYPE +76.93% while the rest of the market burned (Jan 26 - Feb 3).
This helped Hyperliquid to not just outpace Coinbase in volume, but price performance:
→ $HYPE +16.68% YTD (as of this writing)
→ $COIN: -28.5% YTD (as of this writing)
Imagine what happens to Hyperliquid (or any exchange for that matter) when every major Real World Asset is tradable onchain.