Trump: Tit-for-Tat Tariffs to Begin on April 2

On March 4th, Solomon, the CEO of Goldman Sachs, stated that the likelihood of a U.S. economic recession is extremely low. (Financial Times)

On March 4th, based on HTX market data, the exchange rate of ETH/BTC has decreased by 5.85% within the past 24 hours. It is currently at 0.02496, approaching the lowest point since April 2021, which is 0.02337.

On March 4th, based on market data, the Meme coin HENLO within the Berachain ecosystem was launched with a reported market value of $37.6 million. Previously reported, the Meme coin project Henlo in the Berachain ecosystem announced the completion of a $3 million seed round financing. This round of financing was participated in by Framework Ventures, SNZ Capital, Rubik VC, Baboon VC, Paramount Capital, Primitive Ventures, Asylum Ventures, etc.

On March 4th, according to official channels, OpenAI's rival, Anthropic, declared that it has successfully completed a Series E funding round worth $3.5 billion with a valuation of $61.5 billion. This round was spearheaded by Lightspeed Venture Partners, and General Catalyst, Jane Street, and Fidelity Management & Research Company also took part. Existing investors such as Menlo Venture and Bessemer Venture Partners also participated in this latest round of investment. A source familiar with the situation mentioned that the company had an annual revenue of around $1 billion by the end of last year. As of this year, this figure has already increased by 30%.

On March 4th, as per CoinDesk, the cloud computing provider CoreWeave submitted its initial public offering (IPO) application today. The company anticipates raising $4 billion, with a valuation exceeding $35 billion. It is shown in the documents that the company had a revenue of $1.9 billion in 2024. However, due to its investments in the artificial intelligence field, it suffered a net loss of $863 million. Currently, the company has accumulated losses of $1.5 billion. CoreWeave, which was originally named Atlantic Crypto and founded in 2017, initially provided infrastructure for Ethereum mining. As cryptocurrency prices dropped, the company acquired more GPUs and rebranded as CoreWeave, gradually shifting its focus to graphics rendering and the field of artificial intelligence (AI).

On March 4th, cryptocurrency analysts pointed out that Bitcoin has now entered a bearish trend, and its weekend gains have completely disappeared. Although Trump's statement about cryptocurrency reserves temporarily halted the downward momentum, underlying macroeconomic issues still remain. In the past few days, Bitcoin's price has shown significant volatility. In essence, Trump's statement may only have superficially addressed a very serious issue. Last week, the cryptocurrency fear and greed index dropped to the lowest level since 2022. There are several reasons why Bitcoin is currently bearish. First, the macroeconomic situation is not a bullish factor for cryptocurrency. The Atlanta Fed's GDPNow model now predicts that by the end of the first quarter of 2025, the US GDP will contract by 2.8%. From an economic perspective, this forecast, compared to the 3.9% growth predicted four weeks ago, is considered catastrophic. Another significant factor is Trump's proposed tariff policy. Al