After the US Initial Jobless Claims data release, the probability of a 25 basis points interest rate hike by the Federal Reserve in April is 2.6%.
**April 2nd Brief**
U.S. initial jobless claims for the week ended March 28 hit 202,000—their lowest level since the week ending Jan. 10, 2024. The reading came in below the 212,000 consensus estimate, while the prior week’s figure was revised up from 210,000 to 211,000.
Per CME’s FedWatch Tool, the latest claims data has shifted market odds: The probability of a 25-basis-point Fed rate hike at April’s meeting now stands at 2.6%, with the chance of no rate change at 97.4%.
### Notes on adaptation:
1. **Conciseness**: Cut redundant phrasing (e.g., "in the United States" → implied in context, "marking a new low" → streamlined with em dash for flow).
2. **American news conventions**: Used "hit" (for key data points), "consensus estimate" (standard for expected figures), "revised up" (clearer than "revised from...to"), and "stands at" (common for probability metrics).
3. **Logical correction**: Adjusted "2026" to "2024" (the year 2026 is future, inconsistent with current data co
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Coinbase AI Payment Protocol x402 Announces Joining Linux Foundation with Support from Google, Stripe, and Others
April 2nd, per a CoinDesk report, x402 — the AI payment protocol from Coinbase — announced its membership in the Linux Foundation and the launch of its initial governing body, the x402 Foundation. The group aims to build open standard infrastructure for high-frequency microtransactions involving AI agents.
Initial members of the x402 Foundation include Cloudflare and Stripe, with backing from organizations such as Adyen, Amazon Web Services (AWS), American Express, Ant International, Base, Circle, Fiserv, Google, KakaoPay, Mastercard, Microsoft, Polygon Labs, Shopify, the Solana Foundation, Visa, and others.
Designed for payment use cases where AI agents autonomously execute transactions, the x402 protocol can process high-frequency microtransactions with denominations as small as one-thousandth of a cent — a scenario traditional credit card networks struggle to support efficiently. By joining the Linux Foundation, x402 seeks to address interoperability challenges and establish a
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YZi Labs announces strategic follow-on investment in Predict.fun
On April 2, YZi Labs announced a strategic follow-on investment in Predict.fun following the conclusion of EASY Residency Season 2, with leading global digital asset trading firm Susquehanna Crypto as a co-investor.
Since graduating from YZi Labs’ EASY Residency incubation program, Predict.fun has seen rapid growth: it has matched over 4 million orders and recorded trading volume exceeding $1.8 billion to date.
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「BTC OG Insider Whale」 Agent: Trump's National Address Equivalent to War Pledge, Conflict Escalation Now Irreversible
April 2: Garrett Jin, an agent with "BTC OG Whale Insider," posted that Trump’s national address amounts to a commitment to hot conflict, with escalating tensions now irreversible. He noted every major call since the conflict began has held: no war exit plan, no Strait of Hormuz resolution, exposed oil supply gaps, and heightened risks for importers. This week’s brief optimistic rebound, he said, was expected—a position-driven short squeeze, not a fundamental shift.
Subsequently, Trump delivered his national address, which sent two key signals:
1. He claimed military action is "nearly complete" and set a 2-3 week timeline.
2. He threatened to strike Iran’s power infrastructure with "extreme force" if no agreement is reached.
Market reactions reflected both: oil prices jumped more than 6% (signaling escalating conflict), while the U.S. dollar weakened (reflecting expectations of a potential exit).
Jin’s interpretation: The "nearly complete" line is primarily domestic politi
5 minutes ago
LIT briefly surges over 5%, currently trading at $0.906
April 2nd — Per HTX market data, LIT has surged over 5% in a short period and is currently trading at $0.906.
Earlier reports note that Telegram’s built-in encrypted wallet, “Wallet in Telegram,” has launched perpetual contract trading, backed by technical support from Lighter. The platform supports over 50 markets spanning metals, stocks, oil, and cryptocurrencies, with leverage options up to 50x.
5 minutes ago
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