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Hedge funds have long been involved in the crypto market, but their involvement has deepened recently. Their favorite carry trade strategy is collapsing before their eyes, further exacerbating market panic and fueling the Bitcoin crash.
The Hong Kong Monetary Authority (HKMA) recently announced that all real-time transfers of HK$1,000 or above will be subject to mandatory name verification from May 31, 2025 at the latest to ensure transaction security and reduce the risk of mis-transfers and fraud.
Bitcoin is worth nearly $2 trillion, but only 4% of the world's population owns it
we need to observe the changes in global stock markets after the US imposed tariffs on Canada, Mexico and China after March 4. Now Asian stocks have plummeted across the board, reflecting the negative impact of tariffs. When Trump's tariffs on various countries take effect one after another, as long as we see that the stock market has a limited pullback, or even rises instead of falling, it means that the market's negative impact has been blunted.