Hyperliquid ETF demand cools as competition heats up: JPMorgan

Inflows into Hyperliquid (HYPE) exchange-traded funds (ETFs) have largely ground to a halt after surging in May and June, reflecting growing concerns over the protocol’s competitive outlook, according to Wall Street bank JPMorgan (JPM). The bank said Hyperliquid ETFs led non-bitcoin crypto funds in inflows relative to assets under management…

Bitcoin’s (BTC) low price volatility doesn’t necessarily mean low risk: Crypto Daily

“When volatility is cheap, traders can build directional positions and hedges at relatively low cost. If the market then moves through a level with concentrated positioning, dealer hedging can accelerate the move,” Adam Haeems, head of asset management at Tesseract Group, which manages $500 million in client assets, said in…

How to Prove Your Value When AI Can Do Your Job

By Jeff Altman, The Big Game Hunter Listing generic AI skills on your resume won’t make you stand out anymore—it’s expected table stakes that take four hours to learn. Hiring managers don’t care if you know how to prompt a tool; they care if you have the domain expertise to…

Why Sandisk (SNDK) and Western Digital (WDC) crashed 10% and what it means for bitcoin

Sandisk (SNDK) and Western Digital (WDC), two of the biggest beneficiaries of the AI storage boom, were both 10% lower in pre-market trading Thursday, despite reporting strong quarterly results. Sandisk posted record fourth-quarter revenue of $8.97 billion and non-GAAP EPS of $39.25, comfortably beating expectations. Western Digital also delivered a…

Valeura Energy Inc. reports Q2 results (TSX:VLE:CA)

Valeura Energy Inc. press release (VLE:CA): Q2 Oil production of 2.030 million bbls, averaging 22,309 bbls/d (1); Oil sales of 2.454 million bbls; Price realisations averaged US$105.8/bbl, resulting in revenue of US$259.8 million; Adjusted EBITDAX of US$162.8 million(2), adjusted Source link

Few and Far founder Taj Tarsha charged with misusing funds from $10 million raise

Federal prosecutors in Manhattan charged the founder of non-fungible token (NFT) startup Few and Far with securities fraud and wire fraud. The prosecutors alleged that Taj Tarsha diverted more than $10 million raised from investors into online gambling, cryptocurrency speculation and personal expenses instead of building the company’s marketplace. The…

Bitcoin nears $65,000 as oil, inflation hopes keep macro bid alive

Bitcoin hovered near $64,830 on Thursday, up 0.8% over 24 hours and 1.3% on the week, while trading inside a narrow band, CoinDesk data show. Ether rose 2.1%, but most other majors barely moved, leaving the market less in rally mode than in wait-and-see mode. The bid under bitcoin is…