Altcoins News
By Maheen Hernandez
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Deutsche Bank's $4,700 Call. The platform currently shows $3.59 billion in open bets across its markets.
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World Gold Council Stays Cautious. Not everyone's as optimistic. The World Gold Council is looking at this differently.
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Hyperliquid's Gold Markets. Loracle is trading gold through Hyperliquid's builder-run markets, which got a significant upgrade…
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A crypto whale just made a big move. Loracle, one of the more closely watched traders on the Hyperliquid platform, has put $23 million into gold — dumping crypto positions in…
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The shift is hard to ignore. Before going long on gold, Loracle closed out a $26.5 million long position and unwound a $95 million collection of other long bets.
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Still, $23 million is basically a rounding error on Hyperliquid right now.
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The platform currently shows $3.59 billion in open bets across its markets. Loracle's gold play is a small slice of that.
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Their analysis says gold has been in a volatile price phase since August 2024. They ran several tests on the data and came out bullish.
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One thing that probably shapes the Deutsche Bank view: central banks have been buying gold at a record pace.
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More context: FBI Agent Busted for Stealing $1 Million in Crypto From Active Investigation Accounts
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Not everyone's as optimistic. The World Gold Council is looking at this differently. Their view is that gold prices will probably hover around $4,100 for the rest of the year —…
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And there's a technical wrinkle worth mentioning. The Bank for International Settlements runs something called the Backward Supremum Augmented Dickey-Fuller test — the BSADF, for…
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Market expectations around Federal Reserve rate policy add another layer of uncertainty. If the Fed moves toward rate hikes, gold's appeal tends to soften.
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More context: Coldcards $90 Million Bitcoin Loss Exposes Hardware Wallet Security Gap
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Loracle's history on Hyperliquid is kind of a case study in high-stakes volatility. Big wins, bigger losses, and now a pivot toward gold.
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