Good news just started, and bad news is here again? I was already thinking, with CEX/DEX scrambling to adopt TradFi, there’s basically no difference from traditional brokerages now. And look, the old players in traditional finance finally couldn’t sit still. CME Group and ICE (parent company of NYSE) teamed up to pressure the CFTC and Congress, demanding federal regulation on Hyperliquid @HyperliquidX. Reasons: 1. Hyperliquid offers 24/7 perpetual crude oil contracts, which might affect traditional market pricing. 2. Lack of KYC could be used for sanctions evasion. 3. Anonymous trading might lead to market manipulation. Translation: Our trading volume is being stolen, hurry up and regulate them! Either way, Web3.0 is already making traditional finance feel threatened, and that in itself is the biggest bullish signal.