
The episode discusses the positive movement in major cryptocurrencies following a cold CPI print, regulatory developments, and market dynamics affecting stablecoins and tokenized finance.
Crypto majors are very green after a cold CPI print; BTC +3% at $64.5k; ETH +4% at $1,870; SOL +2% at $77; HYPE +7% at $68. PUMP (+15%), GNO (+13%), ZEC (+12%) and Virtuals (+8%) led top movers. Oil -1% at $80; Gold -1% at $4,035. Stock futures are slightly green; DOW flat, Nasdaq +0.4%. The SEC Crypto Task Force met with Hyperliquid’s Policy Center on Tuesday to discuss crypto regulation and how Hyperliquid fits in. Several Senate Democrats came out against the CLARITY Act, calling it a “corrupt bill” at a press conference, escalating opposition over its failure to bar Trump and his family from profiting off crypto. The CFTC moved to stop Kalshi from canceling trades as ordered by a Michigan court, siding with the prediction-market platform in a jurisdictional clash between the federal regulator and the state. The US and UK moved to align rules for tokenized finance, linking the world’s two largest financial markets in a coordinated push to set shared standards as tokenization scales. JPMorgan said Hyperliquid’s rise threatens Circle’s USDC economics, creating a “prisoner’s dilemma” that pits Circle and Coinbase against each other for distribution. Mizuho downgraded Circle to…
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