Three Undercurrents Today, All Pointing to the Direction Call Ahead of FOMC Night 1. CFTC Cuts 20% of Staff, Lets AI Review Projects On April 28, CFTC Chairman Mike Selig stated in a CoinDesk interview that after cutting over a fifth of its workforce, the CFTC is now using AI to review crypto company registration applications — incomplete submissions are rejected outright, and problematic ones get sent to the back of the queue. This means the compliance process could become faster, but the scrutiny will be tougher. 2. $74B Robinhood Gets Crushed by Hyperliquid Robinhood's Q1 crypto revenue came in at just $134 million, a 47% year-over-year plunge, sending its stock down over 9% after hours. Meanwhile, Hyperliquid's crypto revenue for the same period approached $180 million. HYPE's circulating market cap of $9.5 billion versus HOOD's $74 billion — an on-chain protocol with less than 1/7 the valuation generated higher crypto revenue. 3. Ancient Address Awakens: 10,000 ETH on the Move An address that participated in the 2015 ICO has just moved 10,000 ETH for the first time after 10.8 years of dormancy, worth approximately $22.88 million at current prices. Historical patterns suggest that after such ancient addresses wake up, ETH tends to gradually flow into exchanges. FOMC eve, and all three events explode onto the scene on the same day. 💬 Which of these do you think will have the biggest impact on the market going forward? A. CFTC's AI regulation B. Robinhood getting crushed by a decentralized protocol C. The ancient whale waking up D. Tonight's FOMC decision