Joe Weisenthal embraces blockchain, sees potential in Hyperliquid

Bloomberg’s Joe Weisenthal has acknowledged a shift in his perspective on blockchain technology, expressing a newfound appreciation for neutral blockchains like Hyperliquid . In a recent statement, Weisenthal highlighted the potential for such platforms to unify traditional finance by serving as a general-purpose infrastructure layer. This sentiment aligns with the broader “blockchain, not Bitcoin ” thesis, which emphasizes the use of blockchain technology for facilitating diverse financial markets rather than focusing solely on cryptocurrencies like Bitcoin. The recognition from a prominent financial commentator could influence market sentiment toward Hyperliquid, whose native token HYPE was around $79 with a market cap of $17.6 billion. Market participants will be observing any subsequent remarks from financial commentators and institutions that could reinforce or challenge Weisenthal’s views.

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