Sorry investors, but there’s no such thing as an early ‘Santa Claus rally.’ Here’s when the real gains typically happen.
Analysts like to overhype stockmarket rallies in the fall, but the numbers show Santa only arrives once a year Source:MarketWatch
Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
The firms are seeking clearer guidance on the classification of crypto assets and secondarymarket trading as the SEC’s public comment period comes to a close.…
Tokenized Tesla surges as Elon Musk unveils SpaceX-powered flying Roadster prototype
Volume in Hyperliquid’s Tesla contract hit $47 million in one hour after Elon Musk’s flying Roadster demo, up from $2.8 million, with U.S. stocks closed.…
Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain
Jeff Yan told Bloomberg that U.S. regulatory oversight should apply to the firms using the blockchain, not to the underlying network itself. Source:CoinDesk
The AI trade is splintering as inflation fears rattle hyped-up tech stocks
Investors are wondering if steep inflation and increased borrowing costs could derail the AI buildout. Source:MarketWatch
S&P 500 options are the hottest bet on this Hyperliquid exchange
Hypercall, an exchange built on Hyperliquid, says most of its $640 million in volume since June has come from the index. Source:CoinDesk
Live updates: Bitcoin whipsaws between $81,000 and $84,000 as altcoins slide
Bitcoin bounced back from an early dip as ZEC, HYPE and SOL led altcoin losses. JPMorgan fell after kicking off U.S. earnings season. Source:CoinDesk
Wall Street wealth creation model is unsustainable for most participants: Hyperliquid CEO
Early Wall Street wealthcreation opportunities remain inaccessible to retail participants, but Hyperliquid’s perpetual contracts aim to democratize access,…
Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.
The coportfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs…
Amazon is hiking chip-rental prices and reportedly moving Nvidia processors off the balance sheet
In a sign of the financing crunch facing the hyperscalers financing the AI revolution, Amazon has announced it is raising prices on how much it charges to rent…
Citi tells investors it’s time to sell Moderna after 600%-plus stock gains
Revenue and profit forecasts fail to justify the hype baked into Moderna’s share price, according to Citi’s analysts. Source:MarketWatch
DoubleZero brings dedicated fiber market data to Hyperliquid traders
DoubleZero launched a dedicated fiber market data feed for Hyperliquid, giving professional trading firms faster access to its full order book.…