「Buddy」 ETH Long Position Ranks Top 2 in Hyperliquid, Overall Position Floating P&L $1.59 million

On April 16, Coinglass data shows Coinbase’s Bitcoin Premium Index has stayed positive for 8 straight days, currently at 0.0401%. U.S. market buying sentiment continues to strengthen, following 15 consecutive days of negative premiums. BlockBeats Note: The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key indicator for monitoring U.S. capital flows, institutional investment interest, and shifts in market sentiment. Positive premiums mean Coinbase’s Bitcoin price is above the global average, typically signaling: strong U.S. buying interest, active entry of institutions or compliant funds, ample USD liquidity, and broadly optimistic investor sentiment. Negative premiums mean Coinbase’s price is below the global average, usually reflecting: heavy U.S. selling pressure, reduced investor risk appetite, heightened risk aversion, or capital outflows.

April 16. Per The Block, the UK’s Financial Conduct Authority (FCA) has released a new consultation document on cryptocurrency regulation, seeking feedback on the scope of specific regulated crypto asset activities under its regulatory roadmap. The consultation covers activities including stablecoin issuance, trading platforms, custody, and staking. It’s open to individuals, businesses, industry groups, policymakers, and academics, with a deadline of June 3, 2026. Crypto firms can apply for FCA authorization as early as September 30, 2026. This consultation marks the latest step in the UK’s crypto regulatory roadmap. Earlier this year (February), the “Financial Services and Markets Act 2000 (Cryptoasset) Regulations 2026” officially went into effect, bringing new types of crypto asset activities under the FCA’s oversight. The FCA noted that much of the rule consultation work for the future crypto regulatory framework is complete, with policy statements expected this summer and a fin

**April 16 (Cointelegraph) — France is prepping new measures to protect cryptocurrency holders, French Interior Ministry spokesperson Jean-Didier Berger announced at Paris Blockchain Week.** The government has launched a prevention platform that’s signed up thousands of users. Officials are also teaming up with Interior Minister Laurent Nu?ez on a comprehensive response plan, set to roll out in the coming weeks. Key stats: - As of 2026, France has recorded 41 crypto-related kidnapping cases — an average of one every 2.5 days. - In 2025, global “plumber attacks” (targeted crypto-linked incidents) rose 75% year-over-year. France was Europe’s hardest-hit country, accounting for roughly 40% of all EU-wide incidents.

April 16: Bitget has announced the listing of its USD-margined GENIUS perpetual contract, with leverage options ranging from 1x to 20x. A contract trading BOT will also be available at launch.

April 16th — Per Onchain Lens monitoring, a whale dormant for over 2.5 months has opened a 20x leveraged long position using 1,663 oz of gold and 43,870 oz of silver, totaling $11.5M in value.

April 16th CoinDesk analyst James Van Straten notes Bitcoin’s funding rate has hit its most negative level since 2023 — a signal history ties to temporary market bottoms, per Glassnode data. The seven-day moving average of the rate now sits around -0.005%. Perpetual contract funding rates are fees longs and shorts pay each other to align contract prices with spot markets: positive rates mean longs pay shorts (bullish sentiment), negative rates mean shorts pay longs (bearish lean). Notably, Bitcoin rallied from $60k-$65k to ~$75k between March and April this year — even as funding rates stayed negative. History links deeply negative funding rates to Bitcoin’s temporary lows: March 2020 (COVID crash, ~$3k), 2021 (China mining ban, $30k), November 2022 (FTX collapse, ~$15k), 2023 (Silicon Valley Bank crisis, briefly below $20k), August 2024 (yen carry trade unwind), and April 2025 ("Liberation Day" sell-off). Persistent negative rates now signal shorts remain elevated despi