A whale spent $50.8 million to increase its holdings of HYPE to hedge short positions

BlockBeats News: On April 2nd, according to market reports, stablecoin issuer Circle has submitted an S-1 filing to the US Securities and Exchange Commission (SEC), officially launching its initial public offering (IPO) process. The company plans to be listed on the New York Stock Exchange under the stock code "CRCL".

The chief of one of the industry's most prominent lobbying arms, Smith will leave in May to join the Solana Policy Institute as president, her association says.

JUST IN: Newsmax NMAX is up 2,000% since the company went public yesterday. IPO Price: 10 Current Price: 210

Data from the past 12 hours shows that the main force sold large orders with a turnover of up to $365 million, far exceeding the $178 million for buying large orders, with a net outflow of $187 million. Especially around $85000, there have been multiple large selling transactions, indicating that the main funds are leaving the market. Combining with the current 1-hour cycle K-line, although the price is above the EMA24/52 moving average, the trading volume has significantly shrunk, and the KDJ has a dead cross and entered the overbought area, further verifying the pullback pressure. By opening a membership, you can track the main trends in real time and capture buying and selling signals! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

Kraken co-CEO Arjun Sethi said that tokenized equities are going to become much larger than stablecoins.The exchange’s recent move to acquire futures trading platform NinjaTrader is part of its desire to bridge traditional finance and crypto.