01:22 2025-04-08
Coinbase plans to suspend GUSD and GYEN trading support in early MayAccording to Coinbase Assets' announcement in a post on the X platform, by regularly monitoring assets to ensure compliance with listing standards, it has been decided after a recent review that Gemini Dollar (GUSD) and GYEN (GYEN) trading support on the official website (simple and advanced trading), Coinbase Exchange and Coinbase Prime will be suspended on May 7, 2025 at approximately 2:00 pm EST, and the GUSD and GYEN order books will be adjusted to limit mode.
01:19 2025-04-08
Wintermute launches L2 network "QuoteChain" that interacts with social media platform XWintermute posted on the X platform to announce the launch of the L2 network "QuoteChain" that supports interaction with the social media platform X, and it is reported that the genesis block will be launched soon. Wintermute said that QuoteChain will be a "small experiment" integrating AI, encryption and social media platform X, and a "Twitter L2" based on social activity distribution.
01:13 2025-04-08
Alternative asset manager Teucria Investment Advisors LLC launches leveraged ETF tied to XRPAccording to Bloomberg, alternative asset manager Teucrium Investment Advisors LLC has officially launched a leveraged ETF linked to the cryptocurrency XRP, the first product in the U.S. market to offer such exposure. XRP is the world's fourth-largest cryptocurrency by market capitalization, with a market capitalization of about $111 billion. It is also a core asset in the recent U.S. regulatory investigation into Ripple Labs Inc.
According to Teucrium's official website, this product is called ...
01:09 2025-04-08
The Trump administration's tariffs are miscalculated, and the effective tax rate may be overestimated by four timesOn April 8, scholars at the American Enterprise Institute (AEI) found a major miscalculation in the Trump administration's recently announced tariff policy. The White House incorrectly used the retail price elasticity (0.25) rather than the import price elasticity (0.945) that should have been used in the formula, resulting in a roughly four-fold overestimation of the tariff rate.
If the correct values are used, for example, Cambodia's 49% tariff rate will be reduced to 13%, Vietnam's 46% will b...
00:39 2025-04-08
Nigerian court adjourns Binance tax evasion case until April 30The Nigerian court has adjourned the tax evasion case against Binance until April 30 to allow the tax authorities to respond to Binance's legal motion. The Nigerian Federal Revenue Service has accused Binance of unpaid corporate income taxes and fines for 2022 and 2023, claiming a total of more than $79 billion. Binance has questioned the legality of the court's delivery of legal documents by email, saying it is headquartered in the Cayman Islands and has no entity in Nepal.
00:21 2025-04-08
MSTR did not increase its holdings of BTC last week, and is expected to lose nearly $6 billion in Q1 positionsMicroStrategy did not increase its BTC holdings between March 31 and April 6, and its current position remains at 528,185. Due to the new accounting standards requiring crypto assets to be mark-to-market, the company expects to record an unrealized loss of $5.91 billion on its BTC holdings in Quarter 1, resulting in a net loss of approximately $4.22 billion after tax deductions.
In addition, the company raised a total of $7.69 billion in the first quarter, of which $4.40 billion came from common...
23:36 2025-04-07
The probability of the Federal Reserve cutting interest rates by 25 basis points in May is 57%.According to CME "Fed Watch": The probability that the Fed will keep interest rates unchanged in May is 43%, and the probability of a 25 basis point cut is 57%. The probability that the Fed will keep interest rates unchanged in June is 20.4, the probability of a cumulative 25 basis point cut is 49.7%, and the probability of a cumulative 50 basis point cut is 29.9%. (Jin Ten)