RABIT Weekly news (W2 Apr 2022)

JP Morgan CEO, “Decentralized finance and blockchain are real, new technologies that can be deployed”
MicroStrategy Stashes 4167 More Bitcoins Worth $190M, a flat price of $45,714
- MicroStrategy now hodls 129,218 Bitcoins with an average price of approximately $30,700 per Bitcoin.
U.S. Treasury Secretary Janet Yellen said, "The Treasury wants to make the cryptocurrency industry at the same level as the existing financial system and apply the same rules rather than introducing new regulations."
India's cryptocurrency trading volume has been on a sharp decline due to the 30% tax on digital asset income imposed by the Indian government on cryptocurrency from April 1st
A Weekly Fund Flows Report by London-based cryptocurrency investment CoinShares reported a net outflow of about $1.34 billion, 39% in Europe and 61% in the United States. Short bitcoin investment products saw inflows totalling US$2m.
Money move takes place with the end of the bear market rally as Fed's commitment and plans for a strong austerity are reaffirmed in the minutes of the FOMC released and speech by Vice Chairman Braynard Fed