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

2025.02.05 08:40:15

On February 5th, Federal Reserve Governor Jefferson indicated that there is no urgency to expedite further interest rate cuts. Given the robust economy, a cautious response is deemed appropriate. (Xinhua News Agency)
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Yesterday the US Bitcoin spot ETF saw a net inflow of $167.2 million, while the Ethereum ETF saw a net outflow of $16.2 million

**March 24th Update** Per Farside Investors monitoring, U.S. Bitcoin spot ETFs posted a net inflow of $167.2 million yesterday, with breakdowns below: - BlackRock IBIT: +$160.8M - Fidelity FBTC: +$41.7M - ARK ARKB: -$9.4M - Grayscale GBTC: -$25.9M Separately, U.S. Ethereum spot ETFs saw a net outflow of $16.2 million yesterday, with details: - BlackRock ETHA: -$15.7M - BlackRock ETHB: +$1.1M - Fidelity FETH: -$1.6M ### Notes on American language habits: 1. Used concise phrasing ("posted a net inflow" "saw a net outflow") common in financial updates; 2. Replaced repeated "million" with "$M" for brevity (standard in U.S. financial media); 3. Split content into clear sections (Bitcoin → Ethereum) for readability; 4. Omitted redundant prepositions (e.g., "according to" → "Per" for conciseness).

9 minutes ago

YZi Labs Transfers 87.5 Million RDNT to Binance, Position Value Down Roughly 90%

On-chain data analyst Yu Jin reported on March 24 that YZi Labs transferred 87.5 million RDNT tokens (worth approximately $470,000) to Binance just five minutes prior. RDNT is set to be delisted on April 1, suggesting a pre-delisting liquidation move. As a Radiant investor, YZi Labs acquired these RDNT tokens via vesting over the past two years—valued at roughly $3.86 million when they vested.

9 minutes ago

Kalshi Proposes Blanket Ban on Athlete and Politician Participation in Relevant Market Trades

March 24th: Axios reported that U.S. prediction market platform Kalshi will upgrade its user onboarding process to proactively block athletes, coaches, officials, and other sports-related individuals from trading in markets linked to their respective sports. It also will ban political candidates from trading on markets tied to their own campaigns—this step aims to address growing scrutiny of insider trading regulations. Polymarket has also rolled out new rules strictly prohibiting the use of non-public information.

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Trump Blames Defense Secretary: You Were the One Who Took the Lead in Advocating for Attacking Iran

**March 24th** In a public address yesterday, former President Donald Trump attributed the "hat" of the war’s initiator to Defense Secretary Peter Hegseth. Trump stated: "I called Peter [Hegseth], General Caine, and many of our great people. I suggested we could take a little trip to the Middle East to address this big problem [Iran]." He then turned to Hegseth and said: "Peter, I remember you were the first to speak up—you said, ‘Let’s do it. We must not let them have nuclear weapons.’"

9 minutes ago

Ethereum Core Developers will decide on March 26th whether to include EIP-8141 in the Hegota upgrade

On March 24, Ethereum Foundation researcher ladislaus.eth announced via social media that Ethereum core developers will decide by March 26 whether to include EIP-8141 (Frame Transactions) in the upcoming Hegota upgrade. EIP-8141 decouples accounts from fixed signature schemes, offering a native migration path for post-quantum-secure signature schemes. Without corresponding execution layer adjustments, however, post-quantum security would be incomplete: if security is only implemented at the consensus layer (leanCL) while user transactions on the execution layer still rely on quantum-vulnerable ECDSA, the migration would remain unfinished.

9 minutes ago

On Hyperliquid, the top 10 assets by trading volume yesterday only included 4 cryptocurrencies

**March 24 Data: Just 4 Cryptos in Hyperliquid’s Top 10 Trading Assets Yesterday** Per figures released March 24, only four cryptocurrencies—BTC, ETH, SOL, and HYPE—landed in Hyperliquid’s top 10 list of assets by 24-hour trading volume for the prior day. Here’s the full ranking (in USD, by volume): 1. BTC: $3.68B 2. ETH: $1.53B 3. CL (Crude Oil): $1.25B 4. SILVER: $1.22B 5. BRENTOIL: $1.01B 6. GOLD: $542M 7. XYZ100: $382M 8. SOL: $375M 9. HYPE: $330M 10. SP500: $293M This version uses concise, news-style language common in U.S. financial updates: - Information is frontloaded (key takeaway first) - Abbreviations (B/M for billions/millions) are standard in U.S. business media - Adds "(Crude Oil)" next to "CL" for clarity (common commodity shorthand) - Clean, scannable numbering for rankings - No jargon beyond widely recognized crypto/asset symbols

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