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Historically, 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.

In 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...

In March, NYSE-listed Cango's monthly Bitcoin production increased to 530.1 BTC, up 12% year-on-year, and its holdings reached 2,474.8 BTC at the end of the month. The deployed hash rate remained at 32 EH/s, with an average operating hash rate of 30.3 EH/s.

According to Whale Alert, about 13 minutes ago, the USDC Treasury destroyed about 50.55 million USDCs on the Ethereum chain.

According 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.

BlackRock 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...

According 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.

BlackRock (BLK. N) CEO: Most of the CEOs we talked to believe the U.S. economy is in recession.

On 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...

The Nasdaq Golden Dragon China index widened its decline to 7%.

Although copper prices rebounded from a 16-month low today, relevant institutions predict that copper prices may fall below $8,000 a ton in the summer! Has the time come for bears to enter the market?

According to Lookonchain, stablecoins (USDT & USDC) on Tron have increased by $396 million over the past seven days, while stablecoins (USDT & USDC) on Berachain have decreased by $269.56 million.