2024-04-15, Monday, daily news (selected)

Policy information

1. The next interest rate decision of the Federal Reserve: the probability of maintaining the interest rate unchanged is as high as 94.1% (2 am on May 2, 2024)

2. Vietnamese officials: Vietnam has not banned cryptocurrencies, and it is necessary to develop a legal framework

3. The US Internal Revenue Service said it is preparing for a substantial increase in cryptocurrency tax crimes in the future.

4. The International Monetary Fund (IMF) requires El Salvador to amend the "Bitcoin Law" to obtain a credit line of US$1.4 billion

Macro content

1. Important data this week: Tuesday: China's first quarter GDP annual rate. Wednesday: Fed Chairman Powell participates in a Q&A session

2. Iran-Israel conflict-Iran emphasizes that the strike will be a one-off if Israel does not fight back; Israel's wartime cabinet is determined to respond to the attack, and the time and method of the response are undecided. Some members proposed a counterattack, which was firmly opposed by the Minister of Defense and others;

3. Iran launched dozens of suicide drones at Israel. The White House: The United States will support Israel in responding to Iranian threats

4. Altman "personally brought goods", and it is reported that OpenAI recommended ChatGPT Enterprise Edition to hundreds of Fortune 500 executives. Musk xAl shows the first multimodal model Grok-1.5V: Flowcharts can be converted into Python code.

Coin circle news

1. Data: Last week, Bitcoin spot funds had a net outflow of US$83.2 million, and Grayscale GBTC had a net outflow of US$766 million last week.

2. The liquidation volume of the Ethereum lending market in April has exceeded any month since June 2022, and the Ethereum network gas fee has dropped to 9 gwelo

3. Bitcoin's share of the cryptocurrency market has risen to nearly 53%, the highest level since April 2021

4. Data: This week, ARB (about US$94.87 million), AXS (about US$76.74 million), STRK (about US$91.52 million), PIXEL, etc. will usher in a one-time large-scale unlocking.

5. 7 leading mining companies hold a total of US$2.79 billion worth of Bitcoin in 782 independent wallets

6. Split Capital founder: The continuation of the cryptocurrency sell-off "may depend on the further escalation of geopolitical tensions in the Middle East"

7. Iran officially launched drone and missile attacks on Israel, and the cryptocurrency market plummeted. Soon after, Iran's UN delegation said the military action had ended, and cryptocurrencies rebounded.

8. The total open interest of BTC options on the entire network was $20.61 billion, and the open interest of ETH options was $86.$100 million

Greed and Fear Index: 74 (moderate greed)