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Trump: To Impose 20% Retaliatory Tariffs on EU Member States, 24% Tariff on Japanese Goods

21 hours ago

On April 3rd, Trump declared that the US would impose a 20% retaliatory tariff on each EU country and a 24% tariff on goods imported from Japan. (FXStreet)
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Federal Reserve Vice Chair Jefferson: No Hurry to Adjust Interest Rates, Policy Well Positioned

On April 4th, Federal Reserve Vice Chair Jefferson stated that given the solid economic conditions in the United States, tariffs have already led to an increase in commodity inflation, and the outlook has become more uncertain than before. He is inclined to maintain the current moderately restrictive policy rate at its current level and closely monitor the next steps in employment and prices. "In my opinion, there is no need to rush to make further adjustments to the policy rate," Jefferson said. During a time when the Trump administration is rapidly promoting trade and other policy changes, he reiterated a mantra that Federal Reserve officials have frequently emphasized, that "the current policy stance effectively addresses the risks and uncertainties we face in fulfilling our dual mandate." (IG)

7 minutes ago

Trump Invites Salvadoran President to Visit the White House on April 14th

On April 4th, President Trump extended an invitation to Salvadoran President Nayib Bukele to pay a visit to the White House on April 14th.

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WisdomTree Expands its Institutional Tokenization Platform to Arbitrum, Avalanche, StarkWare, and Optimism

On April 4th, as per CoinDesk, WisdomTree is in the process of expanding its institutional investment platform, WisdomTree Connect. This expansion is from Ethereum to Arbitrum, Avalanche, Base, and Optimism. The platform currently provides 13 tokenized funds that cover a variety of investment strategies such as money markets, stock indices, and fixed income. All of these funds have been registered with the U.S. Securities and Exchange Commission (SEC).

7 minutes ago

Investment firm Republic to Acquire Crypto Exchange Operator INX Digital at Up to $60 Million Valuation

April 4th. According to CoinDesk, the investment firm Republic is scheduled to acquire the cryptocurrency exchange operator INX Digital (INXDF) with a valuation of up to $60 million. Republic's subsidiary, Republic Strategic Acquisition, will obtain all of INX's outstanding shares. The transaction is anticipated to be completed within eight months, contingent upon specific conditions. Republic has already been a shareholder of INX, having purchased 9.5% of the company in 2023. After the completion of the transaction, Republic will be fully incorporated into INX's operations.

7 minutes ago

Federal Reserve Vice Chair Jefferson: No Need to Rush Policy Rate Adjustments

On April 4th, Federal Reserve Vice Chair Jefferson stated that there is no necessity to be overly hasty in adjusting the policy interest rate. The current policy rate is designed to be able to handle risks and uncertainties. (Xinhua News Agency)

7 minutes ago

0x-developed decentralized exchange aggregator Matcha has expanded to Solana

On April 4th, as reported by The Block, Matcha, the decentralized exchange aggregator developed by 0x, has expanded to Solana. It has become one of the first DEX aggregators to support trading on both the SVM and EVM-compatible blockchains, achieving this through a single application. 0x and Matcha's co-founder and CEO, Will Warren, stated in a declaration: "We are excited to bring Matcha to Solana, allowing traders to access both the Solana and EVM ecosystems seamlessly in one place." 0x is a backend protocol designed to enable the operation of decentralized exchange platforms, but it is not a DEX itself. Matcha is a frontend platform built by 0x Labs. It leverages 0x's aggregation service as well as other liquidity sources such as Uniswap, SushiSwap, and 1inch to provide users with the best trade prices.

7 minutes ago