Lookonchain APP

App Store

CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

2025.04.16 12:40:33

On April 16th, CBS News, citing multiple sources, stated that although the White House has been attempting to claim that Trump administration officials have been unified on U.S. tariff policy, internal differences over the policy had emerged weeks prior to Trump signing the so-called "reciprocal tariff" executive order on April 2nd. A senior Trump adviser was reported to have warned in private conversations that some tariff proposals could have a catastrophic impact on global financial markets and send the U.S. economy into a downward spiral. CBS reported that U.S. Treasury Secretary Scott Bennett and Trump's trade and manufacturing policy adviser Peter Navarro had a confrontation in late March in the office of White House Chief of Staff Susan Wells. According to multiple sources, Navarro advocated for a uniform 25% tariff on $3 trillion worth of imported goods, while Bennett, a former Wall Street investor, warned that this move would trigger market turmoil and outlined various risk scenarios. The report said that there was constantly heated rhetoric being exchanged.
Relevant content

Three-Address CoinJoin Accumulated 11,464 ETH

March 3rd — Per LookOnChain monitoring data, three cryptocurrency addresses have accumulated a total of 11,464 ETH amid a market rebound. Three hours ago, address 0xE1Ad withdrew 6,114 ETH (valued at roughly $12.52 million) from OKX and deposited it into Aave. Meanwhile, addresses 0x7673 and 0xBA9A—idle for approximately three months—have resumed buying activity, collectively spending around $10.93 million to purchase 5,350 ETH at an average price of $2,043 per ETH.

4 minutes ago

A whale holding 1.2M $USDC started buying $WAR using a DCA strategy after 3 months of inactivity and has bought 103,653 $WAR($3K) so far.

A whale(4NitxB) holding 1.2M $USDC came back after 3 months of inactivity and started buying $WAR using a DCA strategy. So far, he has bought 103,653 $WAR($3K).

4 minutes ago

A Whale Reallocated from Gold to BTC After Making $600k Profit

March 3rd — On-chain analyst Yu Jin reports a whale locked in a $600k profit from gold before shifting back to BTC: - A month ago, the whale purchased 1,637 XAUt for 8.1 million USDC at ~$4,948 per token. - Today, with gold now trading above $5,300, the whale sold all 1,637 XAUt (valued at $8.7 million) 9 hours ago and converted the proceeds into 125.9 WBTC. - The XAUt was sold at $5,315, and the WBTC was bought at $69,091.

4 minutes ago

「Whale」 continues to engage in small-scale liquidation accumulation after a $26.5 million loss in the 2021 crash, and is currently down another $16.2 million.

March 3rd — On-chain analyst Yu Jin’s data shows “Big Brother Whale” Huang Licheng has relied on a small liquidation buffer + longing strategy since losing $26.5M in the Oct 11 crash: he tops up with 250k USDC whenever his account nears liquidation. He’s down another $16.2M in 4.5 months, though — his playbook feels less rational investing, more like “making it rain”: he compounds ETH long profits, but hodls (holds) positions until liquidation when they go against him. Total losses on the Hyperliquid platform now stand at $27.53M. ### Notes on American English adaptation: 1. **Conciseness**: Used abbreviations (`M` for million, `k` for thousand, `Oct` for October) common in US financial/on-chain news. 2. **Colloquial tone**: Replaced "strategy" with "playbook" (casual, widely used in US crypto circles) and kept "making it rain" (US slang for reckless spending) to match the original critique. 3. **Clarity**: Added `(holds)` next to `hodls` (crypto jargon) for readability with

4 minutes ago

Sam Altman: Amen.dment to Work with Department of Defense to clarify that AI will not be used to engage in surveillance that violates the privacy rights of American citizens

March 3: OpenAI CEO Sam Altman retweeted an internal memo stating, “We’ve collaborated with the U.S. Department of Defense (DoD) to clarify our principles via updates to our agreement. We’ll add the following clause as a supplement to existing terms: As required by applicable U.S. law—including the Fourth Amendment to the U.S. Constitution, the 1947 National Security Act, and the 1978 Foreign Intelligence Surveillance Act (FISA)—AI systems shall not be intentionally used for domestic surveillance of U.S. citizens or nationals. For clarity, the DoD understands this restriction prohibits intentional tracking, monitoring, or surveillance of U.S. citizens/nationals, including through the acquisition or use of commercially available personal or identifiable information.” Protecting U.S. citizens’ civil liberties is a top priority. Given widespread external interest in this issue, we’re clarifying this point—including regarding commercially obtained information—consistent with our iter

4 minutes ago

VanEck CEO: Bitcoin is Bottoming Out, Showing Signs of Positive Rebound

March 3rd — In an interview with CNBC, VanEck CEO Jan Van Eck shared his take on crypto: "The crypto market’s rebounding today, but it’s still down over 50% from its peak last October. For Bitcoin, two key facts stand out: total supply is capped at 21 million coins, and it has a halving cycle—miners’ block rewards get cut in half every four years. Bitcoin also follows an investment cycle: three straight years of growth, then a typically sharp drop in the fourth. Since 2026 is that fourth year, we’re in a crypto bear market right now—Bitcoin included. No need to overcomplicate it. From where I’m sitting, we’re bottoming out, which is a really good sign of recovery."

4 minutes ago