SpaceX Feels Expensive At $1.8 Trillion? 85% Of Hyperliquid Traders Are Still Long

SpaceX will launch at a $1.8 trillion valuation on Nasdaq on Thursday, yet traders on Hyperliquid are pricing the company as high as $2.15 trillion in pre-IPO perpetual contracts. 85% Of Hyperliquid Traders Are Long But 78% Are Currently Losing Of the 4,528 traders holding open positions on Hyperliquid’s SpaceX contract, 3,865 are long and […]

Bitcoin’s 25% Drop to Low $60,000s Is ‘Classic Crypto Winter’ Behavior, Expert Says

Bitcoin’s (CRYPTO: BTC) drop to $62,000 resembles previous crypto winter bottoms rather than a structural breakdown in the asset class, according to Bitwise Chief Investment Officer Matt Hougan. ETF Selling In a podcast interview with Scott Melker on June 5, Hougan highlighted that Bitcoin ETFs have seen roughly $4 billion in outflows across 12 consecutive […]

Donald Trump & Bernie Sanders Find Common Ground on Government-Owned Stocks

Noted short-seller Jim Chanos recently expressed his bewilderment over the shared viewpoint of President Donald Trump and Sen. Bernie Sanders (I-Vt.), a staunch critic of Trump and his policies. Chanos took to X on Tuesday to pose the question, “What do you call it when both Donald Trump AND Bernie Sanders advocate government (“public”) ownership of corporate equity…?!” Read Also: […]

Fed’s Schmid Warns Inflation Is ‘Too Hot,’ Energy Shock May Not Be Temporary

The President of the Federal Reserve Bank of Kansas City, Jeffrey Schmid, has raised concerns that the ongoing energy shock may not be as short-lived as expected, considering the existing high inflation rates. During a conference in Iceland on Friday, Schmid expressed, “My primary concern is inflation, which is too hot and has been above target for too long.” He further emphasized his […]

Taiwan Semiconductor Stock Hits 52-Week High – Here’s Why

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) climbed in Wednesday premarket trading as investors continued piling into AI-linked semiconductor stocks following fresh demand signals tied to Taiwan’s expanding role in the global AI infrastructure buildout. NVIDIA Highlights Taiwan’s Growing Role In AI Infrastructure Taiwan Semiconductor stock rose in premarket trading after NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen […]

Cathie Woods’ 21Shares Has A New ETF—And It’s In Big Demand

21Shares’ new Hyperliquid ETF pulled more than $5 million in inflows within days of launch and generated $8 million in trading volume Thursday alone. Strong Early Demand Signals Appetite For Always-On Trading Eli Ndinga, global head of research at 21Shares, explained that Hyperliquid’s appeal comes from letting traders access crypto, oil, silver, and gold markets […]

This Analyst Is ‘Wholeheartedly’ Buying NVIDIA Into Earnings

NVIDIA Corporation (NASDAQ:NVDA) remained at the center of investor attention Monday as Wall Street analysts focused on China-related developments, upcoming earnings, artificial intelligence demand strength and the chipmaker’s dominant position in the global semiconductor ecosystem. Cantor Fitzgerald Remains Bullish On NVIDIA Cantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating and a $350 price forecast […]

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