degenomics.hl

Why is there no Hyperliquid -> checking account feature yet

@TheCryptoCPA If I sent USDC to Coinbase and then converted 1:1 for USD, I just report $0 gains on 8949 right?

8/ What should you actually do? Here's the decision tree: Simple situation (only used Coinbase, have all records): → Use Coinbase Tax Center to add basis, rely on Customer 1099-DA for filing Complex situation (multiple exchanges, DeFi, missing records): → Use crypto tax software that can reconcile 1099-DAs (like CoinTracker) Either way: - Make sure your Form 8949 proceeds match your 1099-DA - Report gains/losses in the correct boxes - Keep documentation of your basis calculations

If you are confused about the interaction between 1099-DAs, the Coinbase tax center, and whether you still need crypto tax software, you are not alone. There's a TON of misinformation out there. Here's exactly how these three things work together and what you actually need to do to stay out of IRS trouble: 🧵

Essentially grid trading

A month of salary in a single day trade

@MetamateDaz 6.2m million views, nice Yes, I was gay for a couple years in university. Saved a lot of money

Gen Z does not understand that the economy used to be so good that if you had a roommate people genuinely thought you might be gay.

@HyperliquidX Hyperliquid

HyperCore will support outcome trading (HIP-4). Outcomes are fully collateralized contracts that settle within a fixed range. They are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments. There has been extensive user demand in both of these areas, and builders will likely think of novel applications as well. Outcomes bring non-linearity, dated contracts, and an alternative form of derivative trading that does not involve leverage or liquidations. The outcome primitive expands the expressivity of HyperCore, while composing with other primitives such as portfolio margin and the HyperEVM. Outcomes are a work in progress and currently only being tested on testnet. Canonical markets based on objective settlement sources will be deployed once technical development is complete. Canonical markets will be denominated in USDH. Pending user feedback, the infrastructure will be extended to permissionless deployment.

@mlmabc History lesson: Jeff worked on this in the past

Hyperliquid is testing native prediction markets on testnet.

Uh oh! (1 hour candles)

@tiosabria $0 soon

@degenomics $0.1$ soon

$ZEREBRO looks like it wants to crime (up)

On a short-term time frame, no reason to sell any $HYPE until it loses either green line

$HYPE above $28 will print a higher high and any shorts below $28 will be underwater, adding fuel to the upside

Let's go $HYPE

Never got to $14-19, but comfy now with 6 figs of profit Have not scaled out yet Last pump I sold too early, don't want to repeat the same mistake

Will be bidding $HYPE as more longs are liquidated $14-19 probably

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."

@itsayycha Interesting indicators, especially the top left "dashboard" Would you mind sharing name of the script/indicators?

$STEM +5% off to a good start so far

$MU and $SNDK hard carrying my profits to even greater profits While crypto tanks

Turn off retweets/reposts from EVERYONE on your timeline