「Fed Speak」: Concerns About Slowing Inflation Stem From Three Interconnected Factors

April 30th — Per OnchainLens data, a whale has withdrawn 9,600 ETH from Bybit over the past 5 hours, valued at $21.6M. The whale now holds 17,811 ETH, worth $40.2M.

On April 30th, it was reported that early-stage startup XO Market has closed a $6 million seed round of financing, with participation from 20VC, Picus Capital, Coinbase Ventures, Venture Together and other investors. XO Market positions itself as the "YouTube of prediction markets." Unlike traditional prediction markets—which rely on internal teams to plan and launch—XO enables individuals and companies to create their own markets, set parameters, and establish fees.

Binance will list MegaETH (MEGA) for spot trading with a Seed Label on April 30th.

April 30 – Chloe, a columnist for HTX DeepThink and researcher at HTX Research, noted that the Federal Reserve is entering an overlapping phase of “policy path uncertainty” and “power structure reshaping.” Its impact on crypto markets has shifted from being driven solely by interest rate expectations to a more complex framework of liquidity and risk pricing. On one hand, the Fed’s current leadership under Jerome Powell has explicitly signaled no short-term interest rate cuts. Amid rising energy prices, core inflation holding steady around 3%, and tariff pass-through effects, real interest rates may remain elevated or even tighten further. This directly limits the crypto market’s “beta” expansion potential, particularly crimping sectors reliant on leverage and liquidity—like perpetual swaps (Perp) and decentralized finance (DeFi). The incoming Kevin Warsh is pushing for a decision-making process that is “more divided and openly debated.” This means future policy signals will no lo

April 30 — Per LookOnChain data, a top original OG whale (who initially invested $13,760 to buy 103.33 quadrillion SHIB, with a peak value of $8.9 billion) sold another 800 billion SHIB today, netting $4.9 million. Over the past few years, the whale has offloaded 4.06 quadrillion SHIB, realizing a $37.6 million profit. It currently holds 99.27 quadrillion SHIB—valued at $625.41 million, or 16.84% of the total supply. Total profits now exceed $660 million, with a return on investment (ROI) of up to 48,000x.

April 30 — The Japan Exchange Group (JPX) said that if legal amendments are approved, the earliest a cryptocurrency-tracking ETF could list is next year. Hiromi Yamaji, CEO of JPX (the Tokyo Stock Exchange’s operator), noted: “Asset management firms have shown strong interest in launching cryptocurrency ETF products. Once legislation and tax treatment are clarified, we’re ready to move forward.” JPX also added that if progress hits any delays, the listing could be pushed back to 2028.