Bloomberg: Cryptocurrency Industry Political Action Committee Accumulates $180 Million War Chest for U.S. Midterm Elections

April 22 — White House officials told The New York Times that both Witekoff and Kushner have not left the United States. The pair were slated to travel to Pakistan as part of a U.S. delegation alongside Mnuchin, but all three are currently remaining stateside.

April 22: Per CME FedWatch data, the Fed has a 0.5% chance of a 25-basis-point rate hike in April, with 99.5% odds of holding rates unchanged.

April 22: Bitcoin saw a minor rise while staying volatile, with Coinglass data showing current funding rates across major centralized (CEX) and decentralized (DEX) exchanges point to a predominantly bearish market for perpetual contracts (details in the chart below). [BlockBeats Note] Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with underlying asset values. They work as a fund transfer between long and short traders—exchanges do not collect these fees—adjusting holders’ costs or profits to narrow gaps between contract and underlying prices. Rate benchmarks: 0.01% is the baseline; rates above 0.01% signal bullish sentiment; rates below 0.005% indicate bearish bias.

Per Coinglass data, total crypto liquidations over the past 24 hours (as of April 22) hit $260 million. Long positions accounted for $89.06 million in liquidations, while short positions totaled $171 million. ### Notes on U.S. language habits applied: 1. **Conciseness**: Used "per" (common in U.S. financial news) instead of "according to" for brevity. 2. **Dynamic verbs**: "Hit" (instead of "was") conveys market movement clearly. 3. **Clarity in structure**: Split the sentence for readability (no overly long compound sentences). 4. **Natural date framing**: "As of April 22" aligns with U.S. time-stamp conventions for real-time updates. If aiming for even tighter **news brief style** (common in U.S. crypto outlets): *"Per Coinglass, total crypto liquidations in the 24h ending April 22 hit $260M — longs: $89.06M, shorts: $171M."* (Abbreviates "hours" to "h" and uses colon shortcuts for quick scanning.)

On April 22, The Information reported that Kalshi is set to launch perpetual cryptocurrency futures trading.

April 22: Iran’s Foreign Ministry spokesperson stated that no decision has yet been made on whether to participate in the talks. (FXStreet)