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Hedge funds currently hold record net short positions in BTC futures. This doesn't necessarily mean funds are shorting the market, most of this short exposure is likely a part of a delta-neutral position with spot BTC bags 🛒 Crypto market maker GSR has obtained the major payment institution license from the Monetary Authority of Singapore 📄 The creators of the Solana meme coin with a very fitting name "CONDO∆∆" have rugged their holders for $906k 🤦‍♀️ Fed Chair Powell emphasizes that more evidence of weakening inflation is needed before cutting rates. It looks like the next session will be the same as the last one 🧐 🔹 Last 24 hours top 3 gainers: Bitcoin Cash - $677.71 (↑11.28%) Bitcoin SV - $98.17 (↑11.46%) Chiliz - $0.143 (↑5.87%) #TrenddingTopic

Hedge funds currently hold record net short positions in BTC futures. This doesn't necessarily mean funds are shorting the market, most of this short exposure is likely a part of a delta-neutral position with spot BTC bags 🛒

Crypto market maker GSR has obtained the major payment institution license from the Monetary Authority of Singapore 📄

The creators of the Solana meme coin with a very fitting name "CONDO∆∆" have rugged their holders for $906k 🤦‍♀️

Fed Chair Powell emphasizes that more evidence of weakening inflation is needed before cutting rates. It looks like the next session will be the same as the last one 🧐

🔹 Last 24 hours top 3 gainers:

Bitcoin Cash - $677.71 (↑11.28%)

Bitcoin SV - $98.17 (↑11.46%)

Chiliz - $0.143 (↑5.87%)

#TrenddingTopic

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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✅ Bitcoin has fallen from $71k to $65k since the beginning of last week and has been gradually recovering its price since then, but has not been able to do so fully even with today's pump 🐮💦 During the week there was also a noticeable decoupling between the stock market and the crypto market after statements about rate hikes from the Fed officials 📊 Weekly news digest: 💎 Crypto 🔸 Ripple will launch its dollar stablecoin   🔸 Grayscale fund sold all of its ADA and ATOM holdings after quarterly rebalancing   🔸 Twitter users are paying a man to buy goats and name them after crypto things 🐐   🔸 Galaxy Digital's venture will raise $100 million for crypto venture fund   🔸 Crypto-focused VC firm Paradigm is in talks with investors to raise between $750-$850 million 🔸 A memecoin called “OZMPC” rugged traders of $5 million 🏦 Crypto exchanges 🔸 KuCoin has published its latest asset holdings statement, the amount of BTC is down by 25.4% from last month 🔸 Binance has appointed its first inaugural board of directors   🔸 Binance announced strengthened KYC standards 🔸 Bitcoin mining generated the highest-ever monthly revenue in March (over $2 billion) 🔸 Goldman Sachs says its clients have not voiced interest in exposure to the crypto 🤨 🔸 Fed Chair Powell emphasizes that more evidence of weakening inflation is needed before cutting rates 🔸 Chinese government has launched a blockchain project titled "Ultra-Large Scale Blockchain Infrastructure Platform" 🔸 Do Kwon and Terraform Labs found liable for fraud in SEC trial   🔸 Argentine government passes registration requirements for crypto firms 🇦🇷 🔸 Tron requested that the US SEC lawsuit be dismissed 🔸 Google filed a lawsuit against two Chinese nationals accusing them of using its Google Play store to scam more than 100k users 🔸 Mark Zuckerberg became the third richest person in the world 🔸 MakerDAO co-founder warned that the EU MiCA regulations could lead to a disruption in the development of DeFi
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