18:20 2025-04-07
Opinion: Bitcoin price is likely to bottom at $75,000Historically, Bitcoin lacks correlation with the Standard & Poor's 500 index. Moreover, near-zero BTC futures funding rates, relatively modest futures clearing totalling millions, and a 1% stablecoin premium in China all suggest that the price of Bitcoin is likely to bottom at $75,000.
18:01 2025-04-07
Analysts: Under the tariff policy, the average American household will bear an additional $775 in costsIn the tough retail sector, industry players expect suppliers, retailers and consumers to bear the additional costs from tariffs roughly equally, but that trend won't happen in a linear fashion, UBS analysts said in a research note. "The higher the tariff, the more likely it is that the increased costs will be borne by consumers," analysts said, adding that the average household will need to absorb about $775 in retail price increases. Given that about two-thirds of U.S. households have annual i...
16:55 2025-04-07
Two whales bought 15,191 ETH during today's market declineAccording to Lookonchain monitoring, during today's market decline, two whales bought 15,191 ETH ($23.94 million). Since February 11, 2024, 0x5fAD has bought 24,299 ETH ($57 million) at an average price of $2,343 and is currently losing $19.36 million. 0x96F4 bought 22,000 ETH ($37.60 million) at an average price of $1,709 in the past 6 days and is currently losing $3.60 million.
16:55 2025-04-07
BlackRock CEO: Still not ruling out the possibility of another 20% market decline, but more buying opportunitiesBlackRock CEO Larry Fink said: I still wouldn't rule out the possibility of another 20% market decline. The United States is now a source of instability, currently worried about high inflation and rising interest rates. Trump has been focusing on areas that have led to inflation and economic instability. Most CEOs contacted believe that the U.S. economy is already in recession and are skeptical of the speculation that the Federal Reserve will cut interest rates multiple times in 2025.
But in the...
16:55 2025-04-07
Seven Republican senators' "defection" of tariff restrictions bill makes its debutAccording to US media Axios, Trump will veto legislation proposed by Democratic Senator Maria Cantwell of Washington and Republican Senator Chuck Grassley of Iowa to limit the president's power to unilaterally impose tariffs. Seven Republican senators have signed the bipartisan legislation, which is becoming the first time Republicans have expressed their concerns about Trump's tariff policy.
16:19 2025-04-07
Seven Republican senators' "defection" of tariff restrictions bill makes its debutOn April 8, according to the US media Axios, Trump will veto legislation proposed by Maria Cantwell, a Democratic senator from Washington, and Chuck Grassley, a Republican senator from Iowa, to limit the president's power to unilaterally impose tariffs. The bipartisan legislation, which has been signed by seven Republican senators, is becoming a way for Republicans to express their concerns about Trump's tariff policy. Cantwell said: "It's not very common for a bill to get so much support when i...