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1Bitget Daily Digest (March 27) | U.S. Senate votes to repeal DeFi broker rule, Hyperliquid faces on-chain short position crisis2Hyperliquid delists JELLYJELLY memecoin amid whale manipulation fiasco3Will Bitcoin and Ethereum Experience a Shift in Q2 Amid Declining Retail Adoption?
Solution: FatBoy Brings Fun to the Crypto Ecosystem
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Flash
- 17:25In the past hour the whole network burst $36.89 million, the main explosion of multiple ordersAccording to Coinglass data, in the past 1 hour, the whole network burst $36.89 million, of which $32.98 million long orders burst, short orders burst $3.9 million.
- 17:25JPMorgan analyst: market share of income stablecoins expected to grow from 6% to 50%March 27 (Bloomberg) -- J.P. Morgan analyst Nikolaos Panigirtzoglou predicts that income stablecoin's share of stablecoin's market capitalisation could rise to 50 percent in the future, up from the current 6 percent, Theblock reports. Analysts say that income stablecoins are similarly attractive to investors as traditional money market funds, especially in today's high interest rate environment.
- 17:24BTCFi protocol Corn airdrop enquiry page is now live, total tokens 2.1 billion, 52% allocated to communityBTCFi protocol Corn posted on the X platform that the airdrop enquiry page is now live, and according to its token economics, the total token supply is 2.1 billion tokens, with an initial circulating supply of 525 million (25%), of which:- 52 per cent allocated to the community: 10 per cent for initial token allocation, 5 per cent for ecosystem builders, 33.3 per cent for user distribution and cybersecurity, and 3.7 per cent for community fundraising- 13 per cent to early supporters: seed round investors and institutional participants in the Legion sale- 25% to core contributors: engineers, product, business development, marketing and core builders- 10 per cent to the FoundationIn previous news, Corn, the Bitcoin DeFi-focused ethereum L2 network, closed an $8.3 million community round through Legion, which was oversubscribed up to seven times in a matter of hours, and the project is set for a TGE token launch on Friday (28 March).