A Very Red Week For Crypto
Majors hit locals lows, break key support levels. Liquidations hit $420M, funding remains neutral. ETFs saw $344M withdrawals in April. CZ gets 4-month jail sentence. FTX sells $232M locked SOL at ‘around $100’. Final integration of SOL Firedancer ‘well underway’. SOL, DOGE, XRP open interest down 51% in a month. BlackRock BUIDL largest tokenised treasury fund. Uniswap integrates with Robinhood connect. Stablecoin bill may be coming very soon. Gensler lied to Congress: McHenry. KSI steps back from crypto trading. Coinbase supports Lightning network. BCH creator arrested in Spain. EigenLayer sees 12K queued withdrawals.
Source: https://decrypt.co/videos/interviews/XVGCQVOH/a-very-red-week-for-crypto
