Funded-trader firms have always quietly bet against some of their own customers. The onchain prop firms now launching on Hyperliquid are putting that conflict on the table, and turning it...
Anchorage's Kevin Wysocki on CLARITY's Senate Banking markup, Section 106 mechanics, the two-year clock, and the five things that don't pass with the bill.
Strategy's BTC flywheel trades at a premium. BitMine's ETH version trades at a discount and adds a staking yield engine. The asset choice changed the structure.
A DeFi analyst's field report on sports prediction markets, the $1.1T BofA estimate, the CFTC vs states jurisdictional war, and where these venues actually sit on the productive-to-predatory gradient.
