Analysis: Fed Rate Cut Pause Won't Be Long-lasting, 25 bps Cuts in March and June Possible

On April 3rd, data from Coinglass shows the crypto market weakened and pulled back to a low level following former U.S. President Donald Trump’s speech. Bitcoin is currently trading at $66,435, down 0.55% over the past 24 hours; Ethereum is at $2,048, a 0.53% drop in the same period. Current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate bearish sentiment toward BTC and ETH has eased compared to earlier, though rates on leading exchanges remain negative with no significant divergence between the two. Specific funding rates for major coins are shown in the attached image. **BlockBeats Note**: The funding rate is a metric set by crypto exchanges to maintain parity between contract prices and underlying asset prices, typically applicable to perpetual contracts. It’s a fund transfer mechanism between long and short traders—exchanges do not charge this fee. Its purpose is to adjust the cost or profit for traders holding contracts, keeping

April 3rd — Per HyperInsight monitoring (via https://t.me/HyperInsight), the "rally-chasing, dip-killing" whale wallet 0x965 faced consecutive liquidations overnight and this morning. Long positions on S&P 500 and TAO, plus a short position on BRENTOIL, were all liquidated, totaling $23.85 million. Of those, the S&P 500 long position’s single liquidation hit $17.3 million — the largest single liquidation across the network in the past 24 hours. The address also injected an extra $910,000 into Hyperliquid to re-enter the market. Looking back over the past week, the whale has repeatedly chased rallies and faded dips on assets including BTC, ETH, HYPE, S&P 500, and BRENTOIL, racking up 37 liquidations totaling a staggering $116 million. After each liquidation, new funds were added to reopen positions, repeating the cycle. As of press time, the address has shifted its focus to long positions on BTC and ETH, opening highly leveraged positions worth $11 million. Current floating los

April 3rd, U.S. President Trump tweeted on Twitter: “The U.S. military hasn’t even begun targeting the remaining sites inside Iran. Next come the bridges, followed by the power plants. The regime’s new leadership knows exactly what it must do—and it needs to act fast.”

April 3rd: Onchain Lens data shows whale address 0x7f5 closed its crude oil (CL) long position, netting $913,789 in profit. This whale has accumulated 3 CL long positions, with total profits hitting $2.7 million and a 100% success rate.

On April 3rd, as tracked by BitcoinTreasuries.NET, UK-listed public firm Satsuma Technology bought 25.65 bitcoins, boosting its total holdings to 645.7 BTC.

On April 3rd, the Cosmos ecosystem wallet app Leap Wallet announced it will cease operations on May 28th, with users urged to complete their migration as soon as possible. Discontinued products include: - Compass Wallet (browser extension, iOS app, Android app) - Leap WebApp - Swapfast - Leap Cosmos Hub validation nodes - Leap Cosmos Snaps This update clarifies the announcement timeline, uses more natural phrasing for user communications (replacing "required" with "urged" to align with typical wallet migration notices), and structures product details in a scannable list—all in line with U.S. English news/announcement conventions.