Hyperliquid's S&P 500 perpetual market reached over $100 million in 24-hour volume, becoming one of the top 10 markets on the blockchain. Traders are increasingly using blockchain platforms for after-hours and weekend trading, indicating a shift towards true price discovery. Publicly traded Eightco Holdings has increased its investment in OpenAI by $40 million, totaling $90 million, representing 30% of its stock. Shareholders have accused Gemini of misleading investors about its pivot into prediction markets and overstating its plans. Bank of America has raised the prospect of a Fed Rate Hike, suggesting a policy move in the opposite direction of President Trump's stance. Hundreds of employees have been laid off by crypto firms this year, many attributing the cuts to artificial intelliations. Bitcoin's price rose to $71K amid concerns over oil supply disruptions in the Strait of Hormuz.