Core Insights - Hyperliquid has rapidly become a significant player in the crypto trading space, achieving trading volumes comparable to established exchanges like Binance and Coinbase [1] - The launch of the Hyperliquid Policy Center in Washington, D.C. aims to create a legal framework for the adoption of decentralized finance (DeFi) in the U.S. [1][3] Company Developments - Jake Chervinsky, a prominent cryptocurrency lawyer, has been appointed as the inaugural CEO of the Hyperliquid Policy Center, bringing extensive experience from the Blockchain Association and Baker McKenzie [2] - The center's establishment reflects a shift in the crypto industry's approach to policy, moving from avoidance of Washington to actively engaging with lawmakers and regulators [3] Industry Context - The Hyperliquid Policy Center is positioned to assist Congress and federal agencies in understanding DeFi technology and drafting appropriate regulations [4] - Current regulatory frameworks are outdated and do not accommodate decentralized trading protocols, which operate without centralized control [5] Strategic Focus - A primary objective of the center is to develop a legal framework for perpetual derivatives, which are seen as simpler and more effective than traditional options or futures [6] - The center is supported by a donation of 1 million HYPE tokens, valued at approximately $28 million, to fund its initiatives [7]

据 GMGN 监控，Binance 创始人 CZ 已在 X 上取关了 KOL EnHeng456 和 PhyrexNi。 （来源：吴说） ...

My night when I was 8 My night now https://t.co/MXiBkFDZJr ...

差不多，没时间吃瓜，也没看到底吵啥。专心过年。😁大表哥【正能量】 (@dabiaoge):我觉的表哥的意思是大家别吵了，表哥上一次在AMA说了，希望中文社区的KOL能够团结我用表姐的一句话送给大家：新年不要急不要躁，不要不开心不要哭不要烦要开心，要快乐要健康，要顺遂表哥，新年快乐@cz_binance此事应该结束了，大家该过年休息休息，该交易赚钱交易赚钱，都别影响了心情 https://t.co/FfBv6TpsPw ...

Core Insights - Bitcoin's integration into Wall Street was expected to provide stability but has instead led to increased vulnerability due to reliance on American capital, which is currently retreating [1] Group 1: Market Dynamics - Since October 10, approximately $8.5 billion has exited US-listed spot Bitcoin exchange-traded funds, and futures exposure on the Chicago Mercantile Exchange has decreased by about two-thirds from its late-2024 peak to around $8 billion [2] - Bitcoin prices on Coinbase have consistently traded at a discount compared to offshore exchange Binance, indicating ongoing selling pressure from US investors [2] - The shift in market dynamics has seen Bitcoin's price, which reached a record of $67,500 on October 6, now stalling without a clear catalyst for recovery [4] Group 2: Institutional Investment Trends - The initial institutional investment thesis has faltered, as Bitcoin has not performed as a hedge against inflation or market stress, often declining alongside traditional assets [5] - The unwinding of crypto trades has resulted in a thinner market, with demand for borrowed exposure on the CME at its lowest since mid-2023, leading to fewer forced buyers during price increases and less natural absorption during sell-offs [6] - Hedge funds previously engaged in basis trades, buying spot Bitcoin while selling futures contracts, but this strategy lost its appeal when the spread compressed below Treasury yields after October 10 [7][8]

USD1 has 89% of its $5.4b supply sitting on binance. $4.7b on a single exchange. USDC runs 15-20% exchange concentration. WLFI is hosting goldman sachs and franklin templeton execs at mar-a-lago feb 25 but smart money withdrew 313m WLFI off binance last week. if that $4.7b doesn't start moving to other venues post-forum, the concentration risk becomes the ceiling for any serious adoption. track binance USD1 reserves, not the headlines. ...

RT Mr hunter (@TrueGemHunter)If bitcoin followed the stock market BTC would trade above 200K right now. ETH probably above 10K SOL above $1000Why is BTC below 70K and not above 200K? 🤔Institutions are buying billions every week.Trump golden crypto era and CZ binance super cycle.Where are they? https://t.co/Hsed8rVoBz ...

T-30 mins! ⏳We’re going live to talk Ramadan surprises, #BinanceWithPurpose, and how to share in 5,000 USDC.See you there 👉 https://t.co/HHEpUNjv4v https://t.co/UZLg5mtWM1 ...

Binance Alpha's second wave of Velvet (VELVET) airdrop rewards are here!Users with at least 242 Binance Alpha Points can claim an airdrop of 400 VELVET tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the score threshold will automatically decrease by 5 points every 5 minutes.Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim on the Alpha Events page within 24 hours; otherwise, it will be deemed that users have g ...

RT Mr hunter (@TrueGemHunter)If bitcoin followed the stock market BTC would trade above 200K right now. ETH probably above 10K SOL above $1000Why is BTC below 70K and not above 200K? 🤔Institutions are buying billions every week.Trump golden crypto era and CZ binance super cycle.Where are they? https://t.co/Hsed8rVoBz ...