The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

April 17 Per Coinglass data, as Bitcoin trades sideways, current funding rates across major centralized (CEX) and decentralized (DEX) exchanges point to worsening bearish sentiment in the market. Specific funding rates are detailed in the attached chart. BlockBeats Note: Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with their underlying assets. It’s a mechanism for transferring funds between long and short traders—exchanges do not collect this fee—and adjusts traders’ holding costs or profits to ensure contract prices stay close to underlying asset values. A 0.01% funding rate is the baseline. Rates above 0.01% typically signal a bullish market, while rates below 0.005% indicate a bearish market.

April 17: Per alternative data, today’s Crypto Fear & Greed Index stands at 21 (down from 23 yesterday), deepening the market’s "extreme fear" mood. Note: The index ranges from 0 to 100 and tracks these metrics: - Volatility (25%) - Market Trading Volume (25%) - Social Media Hype (15%) - Market Surveys (15%) - Bitcoin’s Market Dominance (10%) - Google Trends Analysis (10%) ### Key adjustments for American English/breaking news style: 1. **Conciseness**: Used "Crypto" (common shorthand for cryptocurrency) and "stands at" (natural for metrics). 2. **Clarity**: Added "down from 23 yesterday" to highlight the trend (critical for quick updates). 3. **Readability**: Swapped "+" for bullet points (standard in U.S. news for list clarity). 4. **Flow**: Replaced redundant phrasing (e.g., "Bitcoin's Dominance in the Market" → "Bitcoin’s Market Dominance") and "threshold" → "ranges from" (more intuitive for index ranges). 5. **Tone**: Matches the snappy, informative to

On April 17th, Onchain Lens monitoring data shows an early holder of HYPE’s Genesis Phase successfully unstaked 150,000 HYPE tokens (valued at ~$6.52 million). The whale then placed a TWAP (Time-Weighted Average Price) sell order to offload 100,000 HYPE tokens (~$4.35 million). Currently, the whale still holds 354,303 staked HYPE tokens (worth ~$15.42 million).

On April 17, Osmosis announced that a Cosmos Hub governance proposal to integrate Osmosis fell just short of passing the vote by a slim margin. The team noted that while this outcome wasn’t the most desired result for the Cosmos ecosystem, they still appreciate the community, validators, and all members who joined the discussion. Osmosis emphasized its network will continue operating as an independent, profitable chain. In the coming weeks, the team will advance Osmosis’s next-stage plans, with user asset security and service continuity as top priorities. Further details on protocol updates and team developments will be shared in the future.

April 17: BitMEX co-founder Arthur Hayes took to social media to announce, “HIP4 will bring binary options trading to Hyperliquid (link: https://app.hyperliquid.xyz/join/NTOD), and I expect trading volume to surge explosively. HYPE hitting $150 is just the beginning.” Per HTX market data, HYPE is currently trading at $43.48, down 4.63% over the past 24 hours.

April 17th: Per Onchain Lens data, a crypto whale (after 2.5 months of inactivity) deposited 1.9M USDC into Hyperliquid and opened a $3.8M 20x leveraged short position on the S&P 500 contract. ### Notes on American English adaptation: 1. **Conciseness**: Used "per Onchain Lens data" (common in financial/crypto alerts) instead of "according to Onchain Lens monitoring"; abbreviated "million" to "M" (standard in quick updates). 2. **Accuracy**: Replaced "silence" with "inactivity" (more precise for a trading account’s quiet period, not literal silence). 3. **Flow**: Parenthetical phrasing for context ("after 2.5 months of inactivity") keeps the core action front-and-center, matching U.S. news alert style. 4. **Clarity**: Led with the date (common in U.S. timestamps) and placed the dollar amount first for the short position (prioritizes key financial detail).