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Binance Wallet's new TGE StakeStone concludes fundraising, ultimately oversubscribed by 218.2 times

19 hours ago

On April 3rd, the new TGE (StakeStone) of Binance Wallet has now concluded the investment phase and distributed tokens. The final investment amounted to 369,445 BNB and was oversubscribed by 218.2 times.
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BlackRock to Meet with SEC Crypto Working Group This Week to Discuss Allowing Physical Redemptions and Cryptocurrency ETF Creation

On April 4th, according to Eleanor Terrett, this week a delegation from BlackRock, the world's largest asset management firm, met with the SEC cryptocurrency working group. The meeting focused on discussing the company's existing crypto ETFs and the potential for enabling future in-kind redemptions and creations.

2 minutes ago

Suspected FTX Address Deposits 2.68 Million JTO to FalconX

On April 4th, as monitored by The Data Nerd, a suspected FTX address made a deposit of 2.68 million JTO coins into the crypto broker FalconX 9 hours ago.

2 minutes ago

Trump Responds to Tariff Policy, Triggering Stock Market Plunge: Market Reaction as Expected, Things Progressing Very Smoothly

On April 4th: During the midday trading session of the U.S. stock market on Thursday, April 3rd, President Trump was queried by reporters at the White House regarding the market's response. He asserted, "I believe that the progress is advancing very smoothly. You have never witnessed a situation like this. The market will thrive. The stock market will thrive. The country will thrive. Everyone else in the world desires to know if they can reach an agreement." After the U.S. stock market closed, Trump once more declared that the market's reaction was "in line with expectations," and that the U.S. economy is in a "transition phase." He once again compared the U.S. economy he took over from Biden to a "patient" who has undergone an operation. Trump also alluded to being inclined to reach certain agreements on tariff matters. He stated, "Every country has been reaching out to us. This is the charm of what we do; we place ourselves in the driver's seat."

2 minutes ago

Morgan Stanley: Trump's Tariff Policy Impact on Par with Nixon's Abandonment of the "Gold Standard"

On April 4th, Michael Gapen, the Chief US Economist of Morgan Stanley, holds the view that "Trump's tariff policy will be the most radical restructuring of the US tax and trade structure since Nixon abandoned the gold standard in the early 1970s." Meanwhile, Michael Gapen indicated that the tariff policy announced on Wednesday exceeded his expectations by a wide margin. (Wall Street See)

2 minutes ago

4E: Aggressive Tariff Policy Deals Heavy Blow to US Stock and Crypto Markets, Escalating Global Economic Recession Concerns

On April 4th, according to 4E Monitoring, Trump's tariff plan, which is far more aggressive than what the market expected, has aroused strong concerns among investors regarding the full outbreak of a trade war and the subsequent economic recession. On Thursday, all three major U.S. stock indexes witnessed a sharp decline. The Nasdaq plummeted by 5.97%, marking the largest single-day drop since March 2020. The S&P 500 fell by 4.84%, and the Dow dropped by 3.98%, both representing the largest single-day drops since June 2020. Large-cap tech stocks experienced a significant decline as tariffs are anticipated to have an impact on the supply chain. Apple plummeted by over 9%. The "Manificant 7," the seven tech giants, saw a one-day evaporation of approximately $1 trillion in market value, and the total market capitalization fell to its lowest level since early August of the previous year. The crypto market witnessed a broad decline. Bitcoin dropped below nearly $81,000 from its high of $88

2 minutes ago

Today, several whales unlocked and dumped SOL, totaling over $46.3 million in value

On April 4th, as per the monitoring of LookOnChain, several whales unlocked and sold more than $46.3 million worth of SOL today. HUJBzd sold 258,646 SOL (approximately $30.3 million); BnwZvG sold 80,000 SOL (about $9.47 million); 8rWuQ5 sold 30,000 SOL (around $3.53 million); 2UhUo1 sold 25,501 SOL (roughly $3 million).

2 minutes ago