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

On April 9th, in a CNBC interview, Tom Lee noted that last week’s U.S.-Iran conflict escalation and rising oil prices did not trigger a stock market downturn—calling this a positive “decoupling” sign: negative risks were already priced in, and the market shows resilience. Historically, stocks tend to bottom out early in a war, not waiting for hostilities to end. Additionally, 70% of S&P 500 components have seen a “rolling bear market,” with most individual stocks or sectors undergoing sharp adjustments. Selling pressure is largely exhausted, and positions have already been reset—meaning the market’s worst-case scenario is likely past, leaving more upside room. Lee again reaffirmed his bullish stance on: - Ethereum and other leading cryptocurrencies; - The Magnificent 7 (Mag 7); - Tech, industrial, and mid-cap stocks.

April 9th — CoinTelegraph reports that Visa officially launched its "Intelligent Commerce Connect" platform this past Wednesday, positioning it as a universal gateway for AI agent builders and merchants to tap into AI-powered commerce. The platform enables a single integration with Visa’s acceptance network, supporting secure payment initiation, tokenization, spending controls, and identity authentication. It accommodates both Visa and non-Visa card payments and is compatible with major AI agent protocols. The tool is currently in pilot phase, with a full launch scheduled for later in 2026.

On April 9, PeckShield monitoring showed an attacker opened a $15 million long position in $Fartcoin (totaling 1.4524 billion tokens) on Hyperliquid using 4 wallets. The attacker then proactively triggered a "suicidal" liquidation in a low-liquidity environment, forcing the Auto-Deleveraging (ADL) mechanism to activate. This compelled the HLP liquidity pool to absorb toxic assets, leading to bad debt and roughly $3 million in accounting losses. HLP has shed about $1.5 million over the past 24 hours. PeckShield noted the attacker likely hedged in advance via cross-domain strategies—meaning actual net profit may far outpace the accounting loss figure.

On April 9, blockchain analytics platform Onchain Lens reported that the Government of the Kingdom of Bhutan transferred 319.7 Bitcoin (valued at approximately $22.67 million) to two wallets: - A new wallet (likely a centralized exchange, or CEX, wallet); - An old wallet previously used to move funds for sales via OKX or Galaxy Digital.