2024-04-16, Tuesday, Daily News (Selected)

April 16-News Research

Daily Market Sharing/Market Policy Dynamic Analysis

On-chain Abnormal Monitoring

Policy Information

1. The probability of the Fed cutting interest rates on May 2 is only 3.1%

2. The Hong Kong Securities and Futures Commission has approved in principle that Harvest Global will invest in Bitcoin and Ethereum spot ETF products

3. Fiji Central Bank: Prohibit the use of cryptocurrencies for payment or investment

4. British Economic Minister: New cryptocurrency and stablecoin legislation will be released before July

Macro Content

1. Tonight at 21:00, Fed Vice Chairman Jefferson will speak, and the next day at 01:00, Fed Barkin will speak on the economic outlook.

2. The Fed's overnight reverse repurchase usage fell to the lowest level since May 2021. Fed Williams: I don't think the recent inflation data is a turning point. I personally think that interest rate cuts may start this year.

3. The monthly rate of US retail sales in March exceeded market expectations. The 10-year U.S. Treasury yield hit a five-month high, and the yen fell to the 154 mark; gold fluctuated $50 during the day and closed higher.

4. OpenAl opened its first office in Asia in Tokyo and will release a Japanese-optimized GPT-4 model. Amazon Web Services CEO talks about generative AI: More companies will need customized AI models in 2024.

Cryptocurrency news

1. The U.S. spot Bitcoin ETF had a net outflow of $37 million yesterday; IBIT had a net inflow of $73.7 million yesterday; Grayscale GBTC had a net outflow of $110 million yesterday.

2. The 185th ACDE meeting: EIP2935 and EIP3074 have been confirmed to be included in the Prague upgrade;

3. CZ will receive a verdict in the Federal District Court for the Western District of Washington on April 30;

4. The Hong Kong Securities and Futures Commission has allowed some institutions to provide securities and virtual asset trading services. Hong Kong citizens can directly use their securities accounts to purchase spot BTC and ETH without opening an account at an exchange;

5. Parcl announced a detailed distribution plan for community PRCL tokens and opened airdrop claims

6. Trust Wallet: iMessage on iOS has a high-risk vulnerability, it is recommended to disable it until the vulnerability is patched

7. The first Sunset upgrade of the BNB beacon chain mainnet has been completed, and the Feynman hard fork will be launched on April 18

8. The FBI launched an investigation into the theft of 216 BTC from Bitcoin developer Luke Dashjr;

Greed and Fear Index: 65 (mild greed)

Nine Gods Index (Ahr999): 1.21 (high selling range)