Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

On April 13, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that a crypto whale withdrew 7,100 ETH from Binance on February 20 at an average price of $1,954 (totaling roughly $13.87 million). Two hours ago, the whale transferred 7,050 ETH to a centralized exchange (CEX), with the potential to lock in a $1.647 million profit if sold.

April 13 — According to News1, Circle, the issuer of stablecoin USDC, has partnered with Dunamu (operator of South Korea’s largest virtual asset exchange Upbit) to collaborate on stablecoins and other digital assets. Dunamu confirmed it has signed a comprehensive Memorandum of Understanding (MOU) with Circle and is discussing digital asset collaboration plans — including stablecoin initiatives and joint educational project promotion. The goal is to boost market participants’ information access, thereby strengthening trust in South Korea’s digital asset ecosystem. Notably, Dunamu intends to work with Circle (which has consistently complied with U.S. regulations and expanded its business steadily) to push South Korea’s digital asset market toward “healthy innovation.”

On April 13th, per HTX data, RAVE surged above $10 with a 24-hour jump of 241.35%. The total value locked in RAVE contracts across the network was liquidated to $17.67 million over 12 hours, leading the network in such metrics. Previously, per EmberCN monitoring, a RAVE whale manipulated the spot price before using derivatives contracts to lock in gains. Recently, the whale has used on-chain activity to mislead users: - Over the past three days, it transferred 30.58 million RAVE (valued at $42 million) to Bitget to lure short positions. - Over the past two days, it withdrew 31.94 million RAVE from Bitget back to on-chain wallets while orchestrating a sharp surge in RAVE’s spot price on platforms like Bitget.

April 13th: The Polkadot team noted, “We’ve identified an issue with the Hyperbridge Ethereum gateway contract. This vulnerability only impacts DOT that was bridged to Ethereum via Hyperbridge—it does not affect DOT within the Polkadot ecosystem or DOT transferred through other cross-chain bridges. Polkadot, its parachains, and native DOT remain secure and unaffected. Hyperbridge is currently paused while it conducts an investigation into the issue.”

April 13 — Per GMGN monitoring data (link: https://gmgn.ai/sol/token/i_m4TE56o8_Ce2gx9KGXJ6C9Mp5b5x1sn9Mg87JwEbrQby4Zqo3pump), Solana-based meme coin NEET has surged in market capitalization today, hitting $40 million. It’s currently trading at $0.039, up 40% over the past 24 hours. Previously, NEET rebounded after its market cap dropped below $7 million on February 12, and it has posted steady minor gains in recent days. BlockBeats notes that meme coins lack practical use cases, carry extreme price volatility, and investors should exercise caution.

On April 13 (local time), CCTV News reported that a spokesperson for Iran’s Armed Forces’ Hatam Anbia Central Command stated the security of Persian Gulf and Gulf of Oman ports “is either for everyone or no one.” Analysts say the Iranian military’s comments target prior U.S. statements about blocking Iranian port vessels and restarting strikes against Iran.