Former Head of PR at Chainlink Labs Joins Hyperliquid's Lobbying Group as Chief Communications Officer

On Tuesday, SpaceX will officially be added to the Nasdaq 100 Index. The adjustment is expected to trigger passive buying by mutual funds and exchange-traded funds (ETFs) that track the index, providing some support to its share price. JPMorgan calculates that, based on three times its current $75 billion market capitalization, SpaceX will hold a roughly 1.3% weighting in the index, ranking around 21st among its constituents, lower than companies including NVIDIA (NVDA.O), Walmart (WMT.N), Intel (INTC.O), and Tesla (TSLA.O). However, given its relatively limited weighting, analysts generally believe that the boost from passive funds to its share price in the short term may fall short of some market expectations.

Ondo Perps tweeted that it will launch stock perpetual contracts today (Beijing Time), supporting up to 20x leverage.

Zhipu issued an announcement in Hong Kong stating: "The company has noted media reports claiming that it has withdrawn the counseling filing for its proposed A-share initial public offering. The company hereby informs shareholders and potential investors that these reports are untrue, the described events do not align with reality, and there is suspicion of malicious hype." According to the official website of the China Securities Regulatory Commission (CSRC), the counseling work related to the proposed A-share offering has been completed.

Liquid Capital (formerly LD Capital) founder Yilihua stated, "Bitcoin remains in a weekly downtrend. Only a strong breakout above $68,000 will spark a meaningful reversal; failing that, it will retest the bottom, and we hope it avoids the worst-case scenario of dropping below $47,000." "In any event, we are fully preparing to buy the dip in the coming months—be greedy when others are fearful. Beyond major cryptocurrencies, we are also scouting for the next bull run’s 100x coin. During the last cycle, our dip investment in Render rallied nearly 180 times at its peak. While most tokens are junk, a tiny subset holds massive opportunities: first, they have fallen over 95% from their highs; second, the founding team is competent, aligned with trends and core needs like AI; ideally, they have solid finances, preferably profitable. Projects meeting these criteria can be recommended."

South Korea’s Financial Supervisory Service (FSS) chief Lee Chan-jin reiterated a clear warning at the 3rd Consumer Risk Response Meeting yesterday that leveraged investment is spreading across the entire financial industry, which could severely harm household financial soundness. Lee emphasized that when household financial assets are overly concentrated in specific assets or leveraged investment exceeds their affordability, households face not only massive loss risks but also a sharp deterioration in overall financial health. Additionally, he ordered financial companies to fully disclose the structure and risks of leveraged investment throughout the entire lifecycle of financial product design, development and sales, and strictly regulate sales practices to avoid inducing "borrowing to invest".

According to South Korean financial media Financial Post, despite another sharp fall in South Korea’s stock index today, South Korean retail investors still posted net capital inflows, with net purchases totaling 2.3179 trillion won (approximately $15.22 billion). However, foreign investors sold 2.274 trillion won (about $14.93 billion), driving the overall stock price decline. Institutional investors also offloaded stocks worth 63.2 billion won.