Modular blockchain projects are on the rise, with DYM, TIA, and SAGA up more than 10% in 24h.

Mr. Hammarck said keeping inflation expectations under control was key for the Fed, and that trade policy was determined by elected officials and the Fed dealt with the impact of those policies. Holding policy unchanged for now may be the "right thing to do" and maintaining a prudent policy is the "positive option".

According to data analytics released Wednesday by the U.S. Bureau of Labor Statistics, the number of unemployed people exceeded the number of job openings in 14 U.S. states in February, the highest number since April 2021. In February, Kentucky, New York, Ohio and Rhode Island joined the ranks, indicating that the job market is getting tougher. November 2022 to April 2023, as the U.S. economy rebounds after the epidemic gains momentum...

Some market makers are turning token lending into a profit machine and sending small crypto projects into a death spiral. A market-making model known as the "loan option model" is understood to allow projects to lend tokens to market makers, who then use the tokens to provide liquidity and stability.

Spot gold continued to rise, breaking through $3,330/ounce, setting a new record high, rebounding about $100 from the low, rising more than 3% during the day.

Crypto asset management firm Galaxy Asset Management has announced the launch of the Solana exchange-traded fund CI Galaxy Solana ETF (SOLX) with CI Global Asset Management, which has been traded on the Toronto Stock Exchange with a 0% management fee for the first three months. It is reported that SOLX directly invests in SOL tokens, and Galaxy will provide advisory services.

Analysts at investment bank Oppenheimer noted in a note that the outlook for cryptocurrency exchange Coinbase has softened as uncertainty stemming from Trump's intermittent tariff threats has clouded cryptocurrency trading activity. Oppenheimer cut its full-year Coinbase volume forecast by 19% to $1.30 trillion and its Quarter 1 volume forecast to $380 billion, down 13% from the previous quarter, due to a decline in risk appetite, and lowered its target share price from $388 to $279.

Crypto analyst Santiment said in a post on the X platform that the cryptocurrency market is experiencing a moderate rebound, with bitcoin fluctuating several times around $85,000. Traders are optimistic that bitcoin will return to $90,000, but the specific increase is likely to depend on the upcoming tariff policy and global economic news this week.

The US Secret Service launched "Operation Avalanche" to crack down on Ethereum phishing scams, which brought together Canadian securities regulators, multiple Canadian police agencies, cryptocurrency trading platforms and a blockchain analytics firm to find stolen wallets on the Ethereum blockchain. In this operation, the stolen funds reached $4.30 million.

Hamak said interest rates could be cut if growth slows and inflation eases, perhaps even quickly. The current restrictive monetary policy is necessary to reduce inflation, financial conditions have tightened, and it is better to slow down and respond correctly than to move too early. High inflation and slow growth will pose challenges to Fed policy.

The dollar index (DXY) is hovering near multi-year lows after falling below the psychological level of 100. Andre Dragosch, head of European research at asset manager Bitwise, pointed out that Goldman's research still points to downside for DXY in the future. Trader BitBull said DXY is falling at its fastest rate since 2023, when bitcoin and counterfeit products are rebounding from the trough of the 2022 bear market, when bitcoin had bottomed out in the fourth quarter of 2022 and had risen more ...

Spot gold broke through $3,320/ounce, setting a new record high and rising 2.9% during the day.

According to a research report released by JP Morgan Chase, the first two weeks of April saw mixed gains and losses for US-listed bitcoin mining companies, but pure bitcoin cross-operator performance outperformed those involved in high-performance computing (HPC). Only MARA Holdings and CleanSpark outperformed bitcoin. In addition, the total market capitalization of 13 US-listed bitcoin mining companies fell by 2% in April to $16.90 billion; miners' daily block reward revenue per EH/s was about ...