Crypto Recap — April 4

🇨🇳 Cango sold its auto business for $352M, pivoting to BTC mining with Bitmain (32 EH/s).

🪙 Some platforms are silently converting USDT to USDC, likely due to regulatory pressure.

📉 1,057 BTC (dormant for 7–10 years) moved — possibly prepping for sale.

📊 BTC dominance hits 62% — highest since 2021.

🇨🇳 China to impose 34% tariffs on US goods starting April 10.

⚖️ CLS Global fined $428K, banned from US crypto markets for 3 years due to wash trading.

📉 DeFi Q1: active users -3%, TVL down 27%.

🪙 Grayscale filed updated Solana ETF application; $200M SOL unlock today.

💰 Berkshire Hathaway holds $300B in cash.

🇺🇸 Fed: tariffs may raise inflation, recession risk rising, no rush on decisions.

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