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RICKYPEDIAS

@rickypedias

Rickys fundamentals is a platform for priviledged traders and like-minded crypto maniacs. This is its news channel and will be public

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RICKYPEDIAS
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Hedge Funds Bet Against Bitcoin with Record Short Positions on CME Futures • Hedge funds are escalating their bearish bets on Bitcoin by accumulating record-high short positions on the CME. • This comes at a time when spot Bitcoin exchange-traded funds (ETFs) are experiencing a 19-day streak of inflows. • MicroStrategy’s stock has become a prime short target with $6.9B betting against it, $6.9 Billion in Short Positions Target MicroStrategy Stocks - https://beincrypto.com/bitcoin-etfs-hedgefunds-short/ MicroStrategy’s stock has become a prime short target with $6.9B betting against it, $6.9 Billion in Short Positions Target MicroStrategy Stocks -
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Binance brings back card payments after regulatory hurdles The exchange has re-enabled credit card purchases amid mounting regulatory pressure. https://cryptobriefing.com/binance-resumes-card-crypto-purchases/ Binance Resumes Mastercard Payments for Crypto https://www.google.com/amp/s/www.coindesk.com/business/2024/06/06/binance-resumes-mastercard-payments-for-crypto/amp/
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Crypto Exchange Kraken Is in Talks for Pre-IPO Fund Raising Round

Kraken, one the oldest cryptocurrency exchanges, is considering raising a final funding round ahead of a possible initial public offering after receiving inquiries from potential investors during the current digital-asset market rally, according to people familiar with the matter.

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63 American banks 🇺🇸 on the verge of bankruptcy with losses of 517B dollars. We are currently experiencing quite the potential crisis.
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$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency https://rb.gy/yg0ts2
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$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency - The Daily Hodl

Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC).

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Crypto Hacks and Fraud Have Cost $473 Million so far This Year! https://coincu.com/261824-crypto-hacks-and-fraud-have-cost-473-million/
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Crypto Hacks and Fraud Have Cost $473 Million so far This Year! - Coincu

In a revealing report by security service provider Immunefi, the cryptocurrency sector experienced 108 crypto hacking incidents in 2024, resulting in losses exceeding $473 million.

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SEC sets tomorrow as deadline for Ethereum ETF issuers to submit draft S-1 forms https://cryptobriefing.com/ethereum-etf-sec-deadline/
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SEC sets tomorrow as deadline for Ethereum ETF issuers to submit draft S-1 forms

The SEC has set May 31 as deadline for Ethereum ETF S-1 filings, with VanEck and BlackRock already making swift amendments.

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Polkadot (DOT) JAM Upgrade Approved by Community https://www.coinspeaker.com/polkadot-dot-jam-upgrade-details/
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Polkadot (DOT) JAM Upgrade Approved by Community: Details

The Polkadot Community has ratified the proposed JAM Upgrade, the protocol the blockchain regarded as the favorite to displace Relay Chain.