2024-04-17, Wednesday, Daily News (Selected)
April 17-News Research
Daily Market Sharing/Market Policy Dynamic Analysis
On-chain Abnormal Monitoring
Policy Information
1. The probability of the Federal Reserve cutting interest rates on May 2 is 0%, and the probability of raising interest rates is 3.1%
2. US Congressman Sherrod Brown, a cryptocurrency skeptic, is open to promoting stablecoin legislation
3. South Korean, Japanese and Singaporean regulators may follow Hong Kong's example and approve spot Bitcoin ETFs
4. The Russian Central Bank will accelerate support for cryptocurrency payments for international settlements
Macro Content
1. Wednesday: 17:00 Eurozone March CPI annual rate final value and monthly rate. The next day at 02:00, the Federal Reserve released the Beige Book on economic conditions. The next day at 05:30, Federal Reserve Mester delivered a speech.
2. Fed-Powell hinted that rate cuts will be delayed as recent inflation remains sticky; Jefferson: If necessary, policies will remain restrictive for longer; Barkin: CPI data does not support a "soft landing";
3. Data-US 2-year Treasury yields rose to 5% for the first time since November last year; US Treasury cash balance recorded the largest increase in two years; Tesla's market value fell below $500 billion.
4. Microsoft will invest $1.5 billion in UAE AI company G42 and hold a minority stake. The Super Artificial Intelligence Alliance (ASI) is scheduled to launch on May 24.
Cryptocurrency news
1. Spot Bitcoin ETF had a net outflow of $58 million yesterday, of which Grayscale GBT had an outflow of $79.4 million, and ARKB also had a net outflow of $12.9 million. BlackRock only had an inflow of $25.8 million.
2. Ethereum has about $50.67 million in on-chain lending and liquidation quotas near $2,831
3. The CEO of the Bank for International Settlements proposed the term "Financial Internet (Finternet)", using tokenization as a tool to solve the defects of today's financial system
4. Tether issued USDT worth $848 million yesterday and redeemed USDT worth $167 million
5. Data: GameFi investment reached $268 million in the first quarter
6. Well-known crypto venture capital institution a16z has raised $7.2 billion in new funds and plans to raise more funds in 2025
7. Paris Saint-Germain Football Club defeated Barcelona, and fan tokens rose 25%
8. PayPal cancels buyer and seller protection for NFT
Greed and Fear Index: 67 (mild greed)
Nine Gods Index (Ahr999): 1.22 (high selling range)