After Powell's Speech, Traders Believe Higher Chance of Rate Hike than Rate Cut

April 30 – Per GMGN market data, Binance Alpha project BSB extended its decline yesterday afternoon, with the drop accelerating sharply by 11:00 PM last night. In a short window, it plummeted over 60%, falling from around $0.9 to a low of $0.32. The day prior, the purported Block Street team address transferred tokens to a Bybit deposit address, with a cumulative inflow of 5 million BSB tokens—valued at approximately $3.6534 million. These tokens were previously sourced from BSB’s team multi-signature address. Team token sell-offs have been frequent recently. BLESS, another Binance Alpha project, dumped $5.09 million worth of tokens after a sustained rally, triggering a price collapse. Additionally, addresses linked to projects like LayerZero, AIOT, BIRB, and PUMP have also sold off some of their tokens amid ample liquidity in the meme coin market.

April 30 — Decentralized exchange protocol Legend has closed a $3.5 million seed funding round, led by Electric Capital with participation from Amber Group and GSR. The total capital raised by Legend now exceeds $5 million.

April 30th — Infura Monitoring reports that the "Whale Brother," who bought 103 quadrillion SHIB tokens (17.4% of the total supply) with just 37.8 ETH in 2020, transferred 800 billion SHIB (valued at $4.91 million) to centralized exchange Coinmena over the past day. At the 2021 price peak, his 103 quadrillion SHIB was worth $9.1 billion. Most of his holdings remain unsold; he still holds 95.42 quadrillion SHIB (16.2% of the total supply), now valued at $588 million.

Per Onchain Lens monitoring, whale address 0xe5e withdrew 4,472 ETH from Kraken 3 hours ago (April 30). The address currently holds 8,855 ETH, valued at $20 million.

**April 30: Meta to Roll Out Stablecoin Payments for Creators via Stripe** Meta will launch stablecoin payments for creators through Stripe on April 30, settling transactions with Circle’s USDC on the Solana and Polygon blockchains. This marks a milestone as major tech firms integrate crypto into the mainstream creator economy. The feature will first pilot in Colombia and the Philippines: creators there must convert USDC to local currency on their own via a local exchange, since Meta does not offer direct fiat-to-crypto exchange services. Meta scrapped its Libra project in 2022 amid regulatory pushback, but this partnership—leveraging existing stablecoin infrastructure—has cut compliance risks and boosted cross-border payment efficiency. (Source: The Information)

On April 30, Samsung Electronics reported its first-quarter results: - Operating profit surged 756.1% year-over-year to 57.23 trillion South Korean won (≈$38.5 billion), a new quarterly record. The chip business drove most of the growth. - Revenue rose 69.2% YoY to 133.87 trillion won; net profit jumped 474.3% to 47.23 trillion won. - Its Device Solutions Division (semiconductor arm) posted 81.7 trillion won in revenue and 53.7 trillion won in operating profit. The results blew past market expectations. Per financial data firm FnGuide, local securities firms had forecast average revenue of 117.13 trillion won and operating profit of 38.12 trillion won over the past month. Samsung’s latest quarterly revenue and operating profit both topped the prior quarter’s all-time highs (93.84 trillion won and 20.07 trillion won, respectively). (Source: Jin10)