1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -1.55%
ETH: -3.2%
XRP: -2.58%
SOL: -4.32%
BNB: +0.78%
DOGE: -3.17%
SUI: +1.46%
PEPE: -4.49%
ADA: -2.57%
EOS: +25.18%
24 H increase list (data source: OKX):
EOS: +25.38%
J +11.12%
MEW: +10.46%
ELF: +9.10%
USTC +8.83%
W: +8.55%
ERN: +7.50%
SAMO: +6.31%
RAY: +6.19%
KISHU: +6.12%
2. Top 5 popular memes on the chain (data source: GMGN ):
Fartcoin
titcoin
PEPEK
BUTTCOIN
VanEck (BNB Chain)
3. 24-hour hot search currencies
EOS: EOS topped the OKX 24-hour gain list. Earlier news said that EOS will be renamed Vaulta and transform into Web3 banking. The official transition will take place at the end of May 2025.
titcoin: titcoin is a meme coin on the Solana chain. It combines the slang tit with the positioning of blockchain technology, establishes cultural resonance through vulgar humor and Bitcoin homophonic puns, and focuses on the playful expression of rebellious financial culture.
Headlines
Trump: US to impose 10% tariffs on all imports
US President Trump: The US will impose a 10% across-the-board tariff on all imports. Higher rates will be imposed on other countries deemed to be underperforming in trade. A 20% retaliatory tariff will be imposed on the EU country by country, and a 24% tariff will be imposed on goods imported from Japan.
The base tariff rate (10%) will take effect at dawn on April 5, and the reciprocal tariff will take effect at dawn on April 9.
Justin Sun accused FDT of being insolvent, and Binance said FDUSD could provide 1:1 reserve support
Sun Yuchen posted on the X platform that the issuer of the stablecoin FDUSD, First Digital Trust (FDT), is actually insolvent and unable to fulfill its obligations to redeem customer funds. He strongly recommends that users take immediate action to protect their assets, and urges regulators and law enforcement agencies to take prompt action to resolve these issues and prevent further significant losses.
However, FDUSD issuer First Digital later responded that Sun Yuchens accusation against First Digital Trust was untrue, that the dispute was related to TUSD and not FDUSD, that First Digital was fully solvent, and that FDUSD reserves were safe and reliable and backed by U.S. Treasury bonds. The exact ISIN numbers of all FDUSD reserves are listed in its certification report and are clearly recorded.
First Digital added that this was a typical defamation campaign by Justin Sun aimed at attacking competitors of his business and that FDT would take legal action to protect its rights and reputation.
Binance officials said that according to a recently completed audit, the stablecoin FDUSD has achieved 1:1 reserve support. This means that each FDUSD is backed by an equivalent amount of US dollar assets.
Binance Launches Second Round of Voting for Listings
According to official news, Binance has launched the second round of voting for coin listings. Users can view the factors that determine the voting pool for coin listings in the first batch of voting for coin listings. The tokens include: VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME.
Industry News
U.S. ADP employment in March was 155,000, expected to be 115,000, and the previous value was 77,000
The number of ADP jobs in the United States in March was 155,000, in line with expectations of 115,000 and the previous value of 77,000.
Franklin Templeton to Launch Bitcoin and Crypto ETP in Europe
According to Bitcoin Magazine, Franklin Templeton, which manages $1.5 trillion in assets, is considering launching a Bitcoin and cryptocurrency exchange-traded product (ETP) in Europe.
Grayscale Launches Bitcoin Covered Call ETF and Bitcoin Premium Yield ETF
According to official news, Grayscale announced the launch of the Bitcoin premium income ETF: Grayscale Premium Income ETF, including Grayscale Bitcoin Premium Income ETF (BPI), which is designed to balance the growth potential and income generation of Bitcoin and will distribute dividends to investors every month. In addition, Grayscale also launched the Bitcoin covered call option ETF: Grayscale Bitcoin Covered Call ETF (BTCC), which participates in the return of Bitcoin by using options on Bitcoin exchange-traded products. Its investment goal is to track the price performance of Bitcoin before deducting fees and expenses.
VanEck Launches Exchange Traded Product VanEck Celestia ETN in European Market
VanEck announced the launch of the exchange-traded product VanEck Celestia ETN in the European market, which aims to track the native token of the modular blockchain data availability layer Celestia (Note: ETN refers to exchange-traded notes). It is reported that VanEck Celestia ETN will be issued on Euronext Amsterdam and Euronext Paris.
Arizona House Committee Passes Bitcoin Reserve Bill
The Arizona House of Representatives has passed two Bitcoin reserve-related bills (SB 1025 and SB 1373) in full committee. The next step will be the third reading, followed by a final vote in the House of Representatives. If passed, the two bills will be submitted to the governor for signature to become formal law.
Project News
Jupiter Launches Jupiter Verify, a Token Verification Standard
According to official news, Jupiter announced the launch of the token verification standard Jupiter Verify to provide the community with more certainty about new tokens. There are currently four types of verification, namely Blue Chip, Community Assisted, Social Media ID Verification and CAT Prelaunch Report.
BlockFi claims deadline is May 15, only 43% of non-US customers have completed their claims
Bankrupt cryptocurrency lending company BlockFi said creditors have until May 15 to claim their distributions, and so far, 97% of U.S. customers have received their distributions, while only 43% of non-U.S. customers have received their distributions. One possible reason for the lack of claimants is that people believe that BlockFi Estates message asking customers to choose a payment method is spam or a phishing attack. Some customers may need to complete a KYC identity verification process to receive their distributions.
Sei Foundation launches U.S. nonprofit Sei Development Foundation, headquartered in Manhattan
According to official news, the Sei Foundation announced the launch of the US Sei Development Foundation, which will provide strong support and resources for builders and developers, promote the development of the ecosystem, and help the United States become a global leader in the field of cryptocurrency. Based on the recent positive momentum of the US cryptocurrency industry, the Sei Development Foundation will set up its headquarters in Manhattan to accelerate innovation and empower American builders.
PayPal adds support for SOL and LINK for US users
According to market news: Payment giant PayPal has added support for SOL and LINK for users in the US market.
Wall Street giant DTCC launches blockchain collateral platform to accelerate financial tokenization
DTCC, the worlds largest securities clearing agency, has officially launched a blockchain-based tokenized collateral management platform, which uses smart contracts to automate operations and improve cross-market trading efficiency. The platform will debut at an industry event on April 23 and promote the formulation of global tokenized collateral standards. DTCC executives said that collateral liquidity is the killer application of blockchain and can support real-time trading around the clock. This move marks that traditional financial giants are accelerating their embrace of tokenization technology, and institutions such as BlackRock and Fidelity have also laid out this field.
Investment and Financing
Bitfarms announces signing of preliminary agreement for $300 million in private debt financing
Nasdaq-listed mining company Bitfarms announced on the X platform that it has reached a preliminary agreement with Macquarie Group for $300 million in private debt financing to finance the initial HPC project development in Panther Creek, Pennsylvania. The initial financing amount is $50 million, and the maximum amount that can be withdrawn after the final documents are signed is $300 million. It is expected that Macquarie Group will provide funds for the initial construction of the Panther Creek data center in a non-dilutive manner.
Character*Voice
Arthur Hayes, co-founder of BitMEX, published a long article, using the form of a satirical novel to point out that Federal Reserve Chairman Powell is trapped in a fiscal-led forced obedience pattern, and his shift to loose monetary policy is inevitable. He emphasized that the Federal Reserve will be forced to restart quantitative easing (QE) to pay for the huge fiscal deficit in the United States, and the recovery of US dollar liquidity will drive Bitcoin to strengthen.
Hayes analyzed that although the market is still debating the pros and cons of tariffs, what is really worth celebrating in the crypto market is the imminent return of QE. He expects this process to begin this summer and pointed out that the Feds slowing down of the QT rhythm is a signal.
He concluded that fiscal dominance means that the Federal Reserve will give up its independence and prioritize ensuring that the government can finance at affordable interest rates, which is the core reason for high inflation. Faced with a new round of capital release, Bitcoin will benefit in the long term due to its digital gold attributes.
Arthur Hayes: BTC will be “out of danger” if it can hold $76,500 until Tax Day on April 15
BitMEX co-founder Arthur Hayes wrote that the market’s reaction to “Liberation Day” was not good. “If Bitcoin can hold $76,500 between now and US Tax Day (April 15), we will be out of danger.” He also reminded investors “not to be cut off by volatile market conditions.”
