Circle hires multiple banks to assist with its initial public offering

Arthur Hayes, co-founder of BitMEX, wrote on the X platform that a large proportion of Trump's supporters do not own large financial assets. He believes that the obvious schadenfreude among those who do not own stocks towards those who own stocks allows Trump to firmly pursue the tariff policy and is confident that this position still has broad popularity among his core voter base.

European stock index futures extended last week's losses, with European Stoxx 50 futures falling 4.3%, German DAX futures falling 5.0%, and British FTSE 100 futures falling 4.1%. (Golden Ten)

According to data analyst Ember monitoring on the chain, a whale address has retrieved 14,014 ETH (about $22.14 million) from Maker in the past 1 hour and transferred it to Binance, which has been withdrawn from Binance 8.28 million U, which should be sold.

In early Asian trading, the Nikkei 225 index and Australia's S & P/ASX200 index extended losses, both falling 6% during the day. (Jin Ten)

Today, the Panic and Greed Index has dropped to 23, and the rating has been changed from Fear to Extreme Panic. Note: The Panic Index threshold is 0-100, including indicators: volatility (25%) + market volume (25%) + social media popularity (15%) + market research (15%) + the proportion of Bitcoin in the entire market (10%) + Google hot word analysis (10%).

According to Ember monitoring, another giant whale holding 57,000 ETH is currently clearing at $1564, almost the same price as 67,500 ETH positions were liquidated before. Because of its active reduction a few days ago, it barely hedged risk. At present, its position is still on the edge of the liquidation line, and it is expected to continue to reduce its position to reduce risk.

According to market data, the ETH/BTC exchange rate fell below 0.02 this morning and hit a new low since the beginning of 2020, reaching a minimum of 0.0198 and now reporting 0.02015, a 24-hour decline of 7.02%.

Futures on the Nikkei 225 and Topix indices were suspended after falling sharply.

U.S. 10-year Treasury yields fell about 10 basis points to 3.904 percent in early trading.

According to on-chain analyst Ember monitoring, with this wave of decline, 67,500 ETH ($105 million) lending position liquidation line at $1650 whale position was completely liquidated, which also contributed to the further decline of ETH. He actually added 2160 ETH collateral at 1 am to reduce the clearing line, but the ETH fell all the way, and his ETH position was finally liquidated at 6 am to pay off his 74.40 million DAI loans.

According to Forbes reporter Eleanor Terrett, White House officials have revealed that federal agencies are required to report their cryptocurrency holdings to Treasury Secretary Scott Bessent by tomorrow (April 7, Eastern Time). However, the executive order only requires reports to be submitted to Bessent, and does not mandate the disclosure of audit results. It is unclear if or when this information will be made public.

Trump tweeted on his social media platform that the United States has huge fiscal deficits with China, the European Union and other countries, and the only solution is to impose tariffs, which have now brought tens of billions of dollars in revenue to the United States. He criticized the widening trade deficit with these countries during the Biden administration and promised to quickly reverse this situation, emphasizing again that tariffs are "very beautiful things" for the United States.