Trump: Supports CFTC Chairman's Expansion of Predictive Market Jurisdiction

According to cryptocurrency analyst Yu Jin @ EmberCN, a whale has been long on Hyperliquid since March, increasing its initial capital of 4.33 million USDC to approximately 130 million USD. The data shows that the address is using floating profits to increase positions, and currently MU's multi position size is about $210 million, with a floating profit of about $825 million.

According to Hunter Horsley, CEO of Bitwise, in a post on X platform, Bitwise's Hyperliquid ETF (BHYP) had a net inflow of approximately $190 million, setting a new high for daily capital inflows. Today's transaction volume was about 220 million US dollars, almost all of which were buy transactions. Currently, BHYP is the world's largest Hyperliquid related ETF.

[Coinbase Partners with Standard Chartered Bank to Expand Multi-Currency Funding Channels] According to Coinbase, the company has partnered with Standard Chartered Bank to expand multi-currency fiat funding channels for institutional clients. The new additions include support for AUD, SGD, CAD, and CHF, while EUR and GBP settlements will be supported through a globally systemically important bank. This expansion covers Coinbase Prime and Coinbase Exchange. The partnership aims to enhance cross-market fund allocation efficiency, reduce foreign exchange conversion friction, and optimize cross-regional rebalancing processes. Coinbase stated that it will advance the capabilities for local fiat and stablecoin conversion and settlement.

According to Injective's post on X platform, native USDC has officially launched Injective, and $77 billion of compliant stablecoin liquidity from Circle can now be used to access tokenized stocks and Pre IPO assets such as SpaceX on Injective.

According to Onchain Lens monitoring, Huang Licheng (@ machibigbrother) deposited 287900 USDC into HyperLiquid, increasing his 25 fold ETH long position to 6325 ETH (approximately $13 million). Its accumulated losses have exceeded 33 million US dollars.