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

On April 4th, Justin Sun made a post on social media, indicating that First Digital Trust (FDT) has gone into insolvency - that is, its total liabilities exceed its total assets, basically making it financially bankrupt. Consequently, in line with international banking regulatory standards, banking institutions must meet strict capital adequacy requirements; otherwise, they face the risk of having their banking license revoked. What is astonishing, however, is that FDT has not only been insolvent once but continuously for three years - with a net asset value of negative 100 million Hong Kong dollars by the end of 2024. This does not even take into account the huge losses resulting from the embezzlement of user assets. Strangely enough, even as we are discussing this, the company is still openly raising billions of funds. The real question that the Hong Kong regulatory and law enforcement agencies truly need to address is: how could such a situation have occurred under their supervisio

On April 4th, on-chain data analyst Murphy posted on social media, stating that typically in a bull market pullback, the price of BTC would repeatedly test the Short-Term Holder Realized Price Cost (STH-RPC), which currently stands at $93,000. However, since February of this year, BTC has not seen a decent rebound. Between November 2024 and January 2025, among the total realized value in the market, STH profit realization accounted for 56%, while LTH accounted for 42%. This indicated that everyone had a sufficient profit margin at that time and dominated the cash-out behavior. During the rebound from March 13th to March 25th, LTH profit realization reached 70%, while STH was only at 10%. This suggests that at this time, the cash-out behavior was mainly by long-term holders because short-term holders had little profit margin left. From a data perspective, historically, whether in a deep bear market or a bull market pullback, a phase-wise bottom would be formed after LTH gradually turn

On April 4th, Matrixport stated in its latest research report that President Trump of the United States recently announced a new round of tariff measures. Although there was a stock market pullback, the market's reaction was relatively mild, indicating that the current situation has not been regarded as a comprehensive "risk-off" event. The price of Bitcoin is currently facing resistance at the crucial $90,000 level, with weak buying interest. The Fed's neutral stance, basis tightening, and funding rate contraction suggest that arbitrage selling pressure may weaken. Furthermore, the U.S. earnings season is approaching. Coupled with the recent decline of the ISM Manufacturing Index into the contraction zone, the market may face further weakness. Meanwhile, the Bitcoin options skew rate once surged to 20%, reflecting an increased market demand for downside protection near $80,000. However, as tariff concerns gradually decrease, this skew rate has dropped to 9%. Matrixport believes tha

On April 4th, Jason Hedman, the founder of Hive AI (BUZZ), posted on social media, expressing his sincere gratitude to the community for the support and passion they have shown him. He announced that he will be transferring the ownership of the project to @prismoonprismo (with 3,014 followers on Twitter), who will lead the long-term development of the project. He is looking forward to seeing the new leader's vision and leadership drive the project forward. According to GMGN data, the news has not led to a significant price change in BUZZ at present. The token has been continuously declining since its market capitalization exceeded $180 million on January 22nd. It has experienced a cumulative drop of over 95%, with the current market capitalization at $8.2 million and a 24-hour trading volume of only $562,000.

On April 4th, spot gold fell by 1.00% during the trading day and is now trading at $3082.16 per ounce. Spot silver also fell by 2% during the trading day and is currently at $31.14 per ounce. (Golden Ten)

On April 4th, according to Coinglass data, the current funding rates of mainstream CEX and DEX show that the cryptocurrency market is currently in a comprehensive bearish state. The specific funding rates for mainstream coins are presented in the attached image. BlockBeats Note: The funding rate is a rate set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a fund exchange mechanism between long and short traders. The exchange platform does not take this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.