24H Hot Coins and News | IRS DeFi Broker Rules Have Been Repealed; SEC Reaches Preliminary Settlement Agreement with Ripple (4.11)

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Azuma
2 days ago
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The U.S. core CPI in March was lower than expected, hitting a four-year low.

24H Hot Coins and News | IRS DeFi Broker Rules Have Been Repealed; SEC Reaches Preliminary Settlement Agreement with Ripple (4.11)

1. Popular currencies on CEX

CEX top 10 trading volume and 24-hour rise and fall:

  • BTC: -3.7%

  • ETH: -7.33%

  • SOL: -3.95%

  • XRP: -2.72%

  • BNB: -0.1%

  • SUI: -3.51%

  • DOGE: -1.9%

  • TRX: -1.55%

  • PEPE: -2.18%

  • ADA: -1.19%

24 H increase list (data source: OKX):

  • PROMPT: + 249.84%

  • AERGO: +53.47%

  • BABY: +35.42%

  • SNT: +24.14%

  • SWFTC: +19.14%

  • LOOKS: +18.35%

  • AUCTION:+15.29%

  • CRV: +11.01%

  • ME: +8.82%

  • CVX: +7.74%

2. 24-hour hot search currencies

Wayfinder (PROMPT): A new generation of AI on-chain interaction protocol, which was launched on Coinbase, OKX, and Binance Alpha last night.

Headlines

US core CPI falls short of expectations, hits four-year low

Odaily Planet Daily reported that the U.S. core CPI annual rate in March was 2.8%, falling for the second consecutive month, the lowest level since March 2021, and lower than the market expectation of 3.0%. The U.S. core CPI monthly rate after seasonal adjustment in March was 0.1%, the lowest since June 2024, lower than the market expectation of 0.3%. (Jinshi)

IRS DeFi Broker Rules Are Now Officially Repealed

Odaily Planet Daily News: US President Trump has signed a bill announcing the formal repeal of the IRS (U.S. Internal Revenue Service) DeFi crypto broker rules. This is the first cryptocurrency bill signed into law by the president.
The previous 2024 rule classified DeFi platforms as brokers, meaning they had to file 1099 IRS forms for their users. Trump has said the rule hinders American innovation and infringes on the privacy of ordinary Americans.

SEC and Ripple reach preliminary settlement agreement, both parties apply to suspend appeal process

Odaily Planet Daily News According to former U.S. federal prosecutor James K. Filan, the SEC and Ripple have jointly submitted a motion to the U.S. Court of Appeals for the Second Circuit to apply for an abeyance of the appeal and cross-appeal procedures between the two parties, on the grounds that the two parties have reached a principle settlement agreement and are currently awaiting approval from the SEC Committee. If approved, they will apply to the local court for a confirmatory ruling. The court has canceled the original arrangement to submit the reply materials on April 16.

Industry News

The inside story of Trumps tariff suspension: closed-door decision-making with the Secretary of Commerce and the Secretary of the Treasury caught some senior White House officials off guard

Odaily Planet Daily News: Trump announced the suspension of tariff policy last night, which triggered violent market fluctuations. By compiling media information, the timeline behind this event is as follows:
At 9:33 a.m. local time, Trump posted on Truth Social, asking everyone to stay calm, and later added that now is a good time to buy.
At the same time, U.S. Commerce Secretary Lutnick received a call from the European Unions top trade official, Maros Sefcovic, and the EU approved countermeasures against U.S. steel and aluminum tariffs that day.
By noon on Wednesday, Lutnick was sitting in the Oval Office of the White House with U.S. Treasury Secretary Jeff Bessant and began discussing the latest tariff policy with Trump.
At 1:18 p.m., Trump announced the decision to suspend tariffs on Truth Social.
It is reported that this sudden turn even caught some senior officials off guard. After Trump posted the post, his assistants immediately stood up to discuss how to proceed, and Bessant and White House Press Secretary Levitt quickly held a press conference.
After announcing the suspension of tariffs, Trump told reporters that he had been considering changing course over the past few days and the final decision may have been made early this morning. (Wall Street News)

Silk Road founder to make first public appearance at Las Vegas bitcoin conference

Odaily Planet Daily News Ross Ulbricht, the founder of the dark web Silk Road who was pardoned by Trump, said he plans to make his first public appearance at an upcoming Bitcoin event. Its official. Im pleased to announce that I will make my first public appearance and give a speech at the Bitcoin conference in Las Vegas.
In January, President Trump signed an executive order granting Ulbricht a full, unconditional pardon. The stories of Ulbricht and Silk Road are closely tied to the early history of Bitcoin. Ulbricht was sentenced to life in prison without parole for creating and operating Silk Road, a dark web marketplace that specialized in the sale of drugs and other illegal products and services. The platform used Bitcoin for transactions and helped to popularize cryptocurrencies.

VanEck Files Avalanche ETF Application with SEC

Odaily Planet Daily News VanEck submitted an application to the SEC to list the Avalanche ETF on the Nasdaq. (Solid Intel)

Project News

Coinbase to List PROMPT

Odaily Planet Daily News: Coinbase announced that it will launch Wayfinder (PROMPT) on the Base network.
Note: PROMPT is deployed on Ethereum mainnet and Base, and Coinbase only supports Base.

Binance’s second round of voting for listings has ended, with UXLINK, ATH, and BIGTIME ranking in the top three

Odaily Planet Daily News: Binances second round of voting for listing ended at 7:59 today. The final voting percentages are UXLINK (26.3%), ATH (17.1%), BIGTIME (15.2%), IP (11.5%), PLUME (9.5%), SAFE (6.9%), GRASS (3.2%), ONDO (2.8%), VIRTUAL (2.7%), WAL (1.7%), ZETA (1.6%), and MORPHO (1.6%).

Binance’s second round of “voting to delist” projects announced: FTT, ZEC and 17 other projects are on the list

Odaily Planet Daily News According to the official post, Binance has announced the second round of voting to delist candidate projects, including FTT, ZEC, JASMY, STPT, ARK, ARDR, GPS, MBL, PERP, NKN, WING, LTO, FLM, BSW, ALPACA, VOXEL and PDA.

Binance Launchpool Launches WalletConnect (WCT)

According to the official announcement, Binance will launch WalletConnect (WCT) at 11:00 (UTC) on April 15, 2025, and open WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD and WCT/TRY trading pairs. Launchpool mining will start at 00:00 (UTC) on April 11, 2025, and users can stake BNB, FDUSD and USDC to participate in mining and obtain WCT rewards.

Binance will airdrop 490 PROMPT to users who have transaction records on the Alpha platform

Odaily Planet Daily News According to official news, Binance announced that all users who have transaction records on the Alpha platform will receive an airdrop of 490 PROMPT. Eligible users will receive these tokens in their Alpha wallets before 13:10 (UTC) on April 10, 2025.
Eligibility: Only users who have traded on the Alpha platform using a Binance spot or funding account before 00:00 (UTC) on April 10, 2025.

JupiterDAO: 2025 Q1 ASR Rewards Claim Open

Odaily Planet Daily News According to JupiterDAO’s post on the X platform, ASR rewards for the first quarter of 2025 are now open for claiming. In addition, the official emphasized that users must remain active in voting to be eligible for the rewards.

Babylon Foundation: BABY token airdrop has been completed

Odaily Planet Daily News Babylon Foundation announced that it has successfully completed the BABY token airdrop. Users will receive BABY in their wallets one after another without transfer restrictions. Users can choose to pledge BABY to participate in the security verification of Babylon Genesis and receive more BABY rewards. BABY pledgers will participate in the governance of the Babylon Bitcoin pledge agreement through the on-chain governance system of Babylon Genesis.

OpenSea writes to SEC to clarify NFT market regulation

Odaily Planet Daily News: NFT market OpenSea sent a letter to the SEC, requesting that NFT platforms should not be considered securities exchanges or brokers. The letter was signed by OpenSeas general counsel Adele Faure and deputy general counsel Laura Brookover, emphasizing that classifying OpenSea as an exchange or broker is a regulatory overreach. In February of this year, the SEC terminated its investigation into OpenSea. OpenSea pointed out that it does not match transactions, provide investment advice, or custody user assets. (Decrypt)

Regulatory policies

U.S. SEC releases guidance on securities issuance and registration disclosure in crypto asset markets

Odaily Planet Daily News According to the official website of the U.S. Securities and Exchange Commission (SEC), in order to further clarify the applicability of federal securities laws in the crypto asset market, the SECs Division of Corporate Finance issued a statement to guide the registration and disclosure requirements of related securities. The statement covers equity and debt securities related to networks, applications and crypto assets, including crypto assets as part of investment contracts. The guidance covers key disclosure elements in documents such as Regulation SK, Form S-1, Form 10, such as business descriptions, risk factors, security characteristics, management information, financial statements and display requirements for smart contract codes.

Arizona passes Bitcoin mining rights bill

Odaily Planet Daily reported that according to Bitcoin Laws, Arizona, USA, officially passed the Bitcoin Mining Rights Act HB 2342, which protects anyone who runs a node or mines digital assets from restrictions on partitions or usage bans.
The bill passed the Senate today by a vote of 17 to 12 and now goes to the governors office for his signature.

Investment and Financing

DWF Labs Opens Applications for $250 Million Liquidity Fund

Odaily Planet Daily News DWF Labs announced that its $250 million Liquid Fund is now open for applications. The fund will provide strategic funding and ecological support for medium and large market value token projects, aiming to promote the real application and sustainable development of the crypto industry. DWF Labs said that the fund will help projects achieve long-term growth and enhance ecological vitality.

Cryptocurrency insurance company Meanwhile completes $40 million Series A financing, led by Framework Ventures and others

Odaily Planet Daily News Cryptocurrency insurance company Meanwhile completed a $40 million Series A financing round led by Framework Ventures and Fulgur Ventures on Thursday, with participation from Wences Casares, founder of cryptocurrency bank Xapo. This round of financing is valued at $190 million, almost double the valuation of the most recent round of financing in 2022. Meanwhile will use the funds raised from this round of financing for global expansion and ensure that its products meet regulatory requirements.
It is reported that Meanwhiles life insurance policy is similar to ordinary life insurance. The insured is required to pay the monthly premium calculated by the actuary. However, unlike paying from a bank account or using a check, customers need to pay with Bitcoin from a cryptocurrency wallet. When the insured dies, his family will receive the claim amount in the form of Bitcoin. (Fortune)

Character*Voice

Founder of Ethereum Newsweek: If ETH is not considered a currency, its value will approach zero

Odaily Planet Daily News: Evan Van Ness, founder of Ethereum News Weekly, posted on a social platform that if ETH does not have currency attributes and premium, its value will return to zero according to the discounted cash flow model, not only will it depreciate against legal tender, but it will also continue to weaken in the crypto market. He pointed out that the rise in ETH prices is a prerequisite for promoting ecological adoption, and the lack of currency status will weaken the Ethereum Foundations finances and affect client development and platform adoption. He finally emphasized: ETH is currency.

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ODAILY reminds readers to establish correct monetary and investment concepts, rationally view blockchain, and effectively improve risk awareness; We can actively report and report any illegal or criminal clues discovered to relevant departments.

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