2024-04-07, Sunday, Daily News (Selected)

April 07-News Research

Daily Market Sharing/Market Policy Dynamics Analysis

On-chain Abnormal Monitoring

Policy Information

1. The next interest rate decision of the Federal Reserve: The probability of maintaining the interest rate unchanged is as high as 95.2% (2 am on May 2, 2024)

2. South Korean political parties promise to use the US Bitcoin ETF to compete for votes

3. The IMF has urged Ukraine to complete cryptocurrency legislation

4. Hong Kong Financial Secretary Deputy Secretary Wong Wai-lun: A comprehensive and clear regulatory system is the key to promoting the sustainable development of virtual assets

Macro Content

1. The number of non-farm payrolls in the United States increased by 303,000 in March, which is expected to increase by 200,000. It exceeded expectations and was the largest increase since May 2023.

2. Speech by Federal Reserve officials-Bowen, Director: Now is not the time to lower interest rates. Logan: Considering the upward risk of inflation, it is too early to talk about interest rate cuts. The Federal Reserve will soon decide when to slow down the reduction of the balance sheet.

3. At least 10 people were killed in air strikes in many places in Ukraine. The Russian Ministry of Defense said that Russian artillery and drones hit five Ukrainian ships at night at the landing site and trying to approach the left bank of the Dnieper River, and the Ukrainian side lost 30 soldiers.

4. People familiar with the matter: Musk's artificial intelligence company xAI may raise $3 billion;

Coin circle news

1. Data: Last week, the spot Bitcoin ETF had a net inflow of $635.97 million, corresponding to the spot Bitcoin ETF's increase in the number of BTC spot holdings last week of approximately 9,675.

2. The total market value of stablecoins reached $154.555 billion, an increase of 2.73% in the past week. Among them, UDST has a market share of 69.06%.

3. Caixin: The domestic refund of BlueSky Green’s illegal fundraising case is expected to be less than 5%, and 61,000 bitcoins (worth more than $4 billion) have been seized by the British police

4. Runestone’s market value surpassed BAYC to reach a record high of $420 million, and the NFT market value ranking rose to second place

5. Chairman of the TON Foundation: Aims to get 30% of Telegram users onboard Web3 in 2028

6. OpenSea: Blast NFT has been launched on the L2 network

7. The 131st Ethereum ACDC Telephone Conference: Discussing the EIPs that have been confirmed to be included in the Pectra upgrade

8. BlackRock added 5 new spot Bitcoin ETF authorized participants, including Goldman Sachs, Citadel, Citigroup, etc.

Greed and Fear Index: 78 (moderate greed)

Nine Gods Index (Ahr999): 1.5 (high selling range)