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 "Co**OM" have rugged its 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%)

#GM