LATEST: 📊 Hyperliquid’s RWA perpetuals generated $213B in Q2 volume, accounting for 32.2% of trading, while JPMorgan says HYPE ETF inflows have stalled as competition intensifies. https://t.co/wY7Zhm5ngc ...

Hyperliquid Growth Story Faces Its Biggest Test YetJPMorgan says Hyperliquid (@HyperliquidX) could face mounting pressure as regulated U.S. perpetual futures platforms expand.The JPMorgan analysts led by managing director Nikolaos Panigirtzoglou, also pointed to growing competition from prediction markets as Hyperliquid broadens its product lineup.Meanwhile, inflows into HYPE ETFs have slowed after strong demand in May and June.JPMorgan said platform activity remains the key driver of Hyperliquid's valuatio ...

LATEST: 🏦 JPMorgan CEO Jamie Dimon warns investors are using record amounts of borrowed money, with risks spread across hedge funds, ETFs and other markets. https://t.co/xkReklHfba ...

We are watching the new financial system rising right before our eyes. And yes, it is all based around tokenization. It's all based around stable coins. I keep saying this time and time and time again. If you wanted to see the clearest fact on why we are literally witnessing a new financial system and the proof behind it, just go and look at some of the asset managers in this game. I will continue to say this over and over and over again because we already have the biggest banks. We already have the biggest ...

Monetary Policy and Market Trends - Federal Reserve Chairman Kevin Warsh indicated a willingness to raise interest rates in September if inflation readings come in hot [1][10] - The 30-year bond yield reached 5.28%, a level not seen since 2007, while the 10-year yield reached 4.74% [5][6] - The 30-year term premium spiked to its highest level since 2013 amid market uncertainty regarding Federal Reserve communications [15][17] Corporate Debt and AI Infrastructure Financing - Alphabet drew $115 billion in demand for an investment-grade bond sale initially planned to raise up to $25 billion [2][53] - Blackstone held early discussions with investors to pitch a potential $36 billion private credit financing package to help Anthropic build out AI infrastructure [45][46] - Quanta Services sold notes in three tranches amounting to $2 billion following a 41% year-over-year rise in quarterly revenue [54][55] Banking and Sector Dynamics - Financial institutions experienced high profitability and positive earnings revisions, while banking bond issuance dropped to less than 1/3 of total supply [75][76] - High-yield bond default rates reached 2.8%, with 29 defaults totaling $36 billion recorded so far, representing a 15% increase compared to the previous year [78][79] Economic Indicators and Fiscal Policy - The U.S. and Japan engaged in a joint currency intervention to support the yen for the first time in 15 years, involving U.S. Treasury sales [33][36] - Nonfarm payroll forecasts for July stood at 82,000, with the expected unemployment rate remaining unchanged at 4.2% [94]

RT Bloomberg Live (@BloombergLive)Wall Street may be the financial capital, but "Y'all Street" is quickly becoming one of finance's most important growth stories.With Goldman Sachs, JPMorgan and Wells Fargo expanding in Dallas, and NYSE Texas already operating while the Texas Stock Exchange prepares to launch—the next chapter of U.S. capital markets is taking shape in Texas.Join the leaders driving that conversation at #BloombergInvest Dallas.https://t.co/BPkWLMox0p ...