Crypto Kids

ICE's Jeff Sprecher (founder of @NYSE) on Hyperliquid 'It's bigger than NASDAQ. It's 11 people. You look at it, you're like, wow, that's pretty something.'" On the founders: "The people that have built that exchange are extremely smart... I salute these guys for doing it. I mean, these are some very, very smart people." On ignoring it: "I don't think you can ignore it." On the competitive threat: "It's attracted a lot of market makers and other market participants, early adopter market participants that would ordinarily be in our traditional markets are there exploring this technology." On the weekend oil trading dynamic: "They've been trading oil on the weekends when our traditional oil markets are closed. And it just so happens in this time of conflict in the Middle East, there have been a lot of activity that happens on the weekend. So it's gotten a lot of interest." On institutional clients watching regardless: "While most of our institutional clients are not trading on blockchain... they're all watching it, and they're watching the price discovery. Whether they admit it or not, it is being part of the zeitgeist." On the SpaceX listing being a watershed moment: "I think regulators and market participants are going to say either it was irrelevant or it was highly relevant." On retail + 24/7 markets: "We're just going to have to get used to the interplay of retail and professional trading 24/7, 365."

Happy Sunday everyone! Here is an article I wrote this morning on Hyperliquid's native token, $HYPE. I believe it has significant long-term potential. Informative 4 minute read: https://x.com/CryptoKid/status/2061011873210798120?s=20

From today onwards, there will no longer be CME gaps on Bitcoin, nor will previous gaps carry any weight on price.

Congrats to everyone who did not FOMO into ZCASH!

ZCASH bearish divergence!

Oil markets will likely plunge on Monday, when that happens, Bitcoin will experience short-term news-based upside.

BREAKING FROM TRUMP: IRAN AGREEMENT HAS BEEN LARGELY NEGOTIATED FINAL ASPECTS AND DETAILS OF IRAN DEAL ARE CURRENTLY BEING DISCUSSED, AND WILL BE ANNOUNCED SHORTLY IN ADDITION TO MANY OTHER ELEMENTS OF THE AGREEMENT, THE STRAIT OF HORMUZ WILL BE OPENED 🌮

HAPPY BITCOIN PIZZA DAY CRYPTO KIDS! 🍕

Just dropped a bitcoin update video on YouTube! Forgot to comment on the CME gaps, I believe it’s very possible Bitcoin attempts to close all pending ones (immediate) before the pivot to 24/7 trading. But that aligns with my expectation of rejecting further to the support of the bear flag anyways. Hope you enjoy the video! https://youtu.be/P25sQlJMZPw

PPI data has gone PARABOLIC. (Not in a good way) Expected rate was 4.9%, the real data came out to be 6% Price increases in manufacturing get transferred to consumers. That in turn pushes CPI and PCE higher, meaning no cuts. BAD.

IMPORTANT POST: https://x.com/cryptokid/status/2054242509899903195

BREAKING: US CPI DATA COMES HIGHER THAN EXPECTED. 3.8% YoY / Previous: 3.3%

Concerned about Saylor selling his BTC? Here are my thoughts: youtu.be/O4a_zYsQWNM

EXCLUSIVE INTERVIEW: Raoul Pal’s Bitcoin prediction and top altcoins, posted only for the CK Telegram community ☺️