Headline
▌Trump says he will not suspend tariff policy
US President Trump said on the 7th that he would not suspend the so-called "reciprocal tariff" policy. After meeting with visiting Israeli Prime Minister Netanyahu at the White House that day, Trump told the media that he had no intention of suspending the tariff policy at the moment, and that leaders of many economies were seeking to negotiate with him. He believes that there is no contradiction between forcibly implementing tariff policies and conducting negotiations. Trump also said that he rejected the EU's proposal to exempt tariffs from the United States earlier that day, "No, this is not enough," "They are cheating us on trade issues." Netanyahu told the media after the talks that Israel will eliminate its trade deficit with the United States as soon as possible. According to US government data, the bilateral trade volume between the United States and Israel in 2024 was about US$37 billion, and Israel's trade surplus with the United States was US$7.4 billion. (Jinshi)
▌WLFI plans to airdrop USD1 to all WLFI holders to test the airdrop function
World Liberty Financial issued a governance proposal, suggesting that a small amount of USD1 be airdropped to all current $WLFI holders to test the technical functions of its on-chain airdrop system, while thanking early supporters.
The proposal content shows that the airdrop will be carried out on the Ethereum mainnet, and the specific amount will be finalized by WLFI based on the total number of eligible wallets and budget, and the funds will be borne by the company. Eligible wallets must hold any amount of $WLFI, and other qualification criteria and airdrop time will be determined by the company at its sole discretion.
World Liberty Financial stated that even if the proposal is approved, the company still reserves the right to suspend, modify or terminate the test airdrop, and may set other qualification conditions. This move is intended to verify the functionality of smart contracts, increase market awareness of USD1, and thank early supporters.
Market
As of press time, according to Coingecko data:
BTC's latest transaction price is 79,422.82 US dollars, with a daily increase or decrease of +2.6%;
ETH's latest transaction price is 1,559.19 US dollars, with a daily increase or decrease of -0.5%;
BNB's latest transaction price is 556.39 US dollars, with a daily increase or decrease of +1.0%；
SOL's latest transaction price is 107.46 US dollars, with a daily increase or decrease of +2.7%；
DOGE's latest transaction price is 0.1501 US dollars, with a daily increase or decrease of +1.9%；
XPR's latest transaction price is 1.90 US dollars, with a daily increase or decrease of +0.3%.
Policy
▌SEC Announces Cryptocurrency Roundtable Agenda
The SEC’s Cryptocurrency Task Force has announced the agenda and panelists for its April 11 roundtable, titled “Dilemma: Tailoring Regulation for Cryptocurrency Trading.” The roundtable will be held at the SEC headquarters from 1:00 a.m. to 5:00 a.m. Beijing time on April 12. The event will be open to the public and will be webcast live on the SEC’s website. (Jinshi)
▌Nigeria Recognizes Bitcoin and Cryptocurrencies as Securities
Nigeria Recognizes Bitcoin and Cryptocurrencies as Securities.
▌Seven Republican senators "defected" tariff limitation bill debuted
According to Axios, a US media, Trump will veto legislation proposed by Democratic Senator Maria Cantwell of Washington State and Republican Senator Chuck Grassley of Iowa to limit the president's unilateral power to impose tariffs. Seven Republican senators have signed the bipartisan legislation, which is becoming a way for Republicans to express their concerns about Trump's tariff policy. Cantwell said: It is not common for a bill to receive so much support when it is first proposed, but I think it shows people's anxiety. According to a person familiar with Trump's thinking, Trump is annoyed by the introduction of this bill. A government policy statement sent to the US Congressional Office today claimed: If this bill is passed, it will hinder the president's power and responsibility to formulate our foreign policy and protect our national security. If the bill is passed by Congress and submitted to the president, he will veto the bill.
Blockchain Applications
▌Mantra Launches Ecosystem Fund of Over $108 Million, Focusing on RWA and DeFi
Blockchain Network Mantra announces the launch of a $109 million ($108,888,888) ecosystem fund to accelerate the development of entrepreneurial projects in the fields of tokenization of physical assets (RWA) and decentralized finance (DeFi).
The fund will invest in "high-potential blockchain projects" worldwide over the next four years. Investors include Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital and Amber Group.
Cryptocurrency
▌Messari CEO: Crypto bull market will come in Q3 or Q4 of 2025
During a panel discussion at the LONGITUDE by Cointelegraph event in Paris, France, Messari CEO Eric Turner said that the parabolic trend of Bitcoin and altcoins has not yet begun. He said: "We have Bitcoin, all the money has flowed into (exchange-traded funds), and then you see some other things, such as the memecoin craze and other short-term trends. I think the real question is, when will the bull market come? If you ask me, it will be the third or fourth quarter of this year."
▌Ripple and BCG predict that the asset tokenization market will reach $18.9 trillion in 2033
According to CoinDesk, a joint study by Ripple and Boston Consulting Group (BCG) shows that the global asset tokenization market is expected to exceed $18.9 trillion by 2033. The report points out that although blockchain technology can significantly improve the liquidity of traditional assets and reduce transaction costs, obstacles such as imperfect regulatory frameworks and lack of market infrastructure still need to be overcome. The forecast covers multiple asset classes such as real estate and private equity. Ripple emphasizes that its blockchain solution has been verified in pilots of some institutions.
▌Viewpoint: The high correlation between Bitcoin and traditional markets is often short-lived
Bitcoin's recent performance is closely related to the S&P 500 index, but this correlation can fluctuate significantly over time. For example, the correlation turned negative in June 2024 because the two asset classes moved in opposite directions in the past 50 days. Additionally, while the correlation metric exceeded the 60% threshold 272 days in two years (about 38% of the period), this number is statistically inconclusive.
▌Riot Platforms Vice President of Research Establishes Bitcoin Bond Company
Riot Platforms Vice President of Research Pierre Rochard established Bitcoin Bond Company to connect credit allocators and equity risk takers.
The company aims to unlock value through Bitcoin-backed structured financing and provide transparent and efficient risk transfer for the world's strategic reserve assets.
Important Economic Dynamics
▌Trump team considers exporter tax credit policy to offset tariff risks
According to foreign media reports, Trump administration officials are discussing the pros and cons of establishing a new exporter tax credit policy, a move that implicitly acknowledges the damage that the White House's tariff policy may cause to American companies.
▌U.S. House Speaker: The House will still "give the green light" to Trump's global tariff plan
According to Politico, U.S. House Speaker Johnson said on Monday that even if some Republican lawmakers publicly pleaded with Trump to negotiate a way to cancel tariffs before the tariffs take effect on Wednesday, the House will still provide "space" for Trump to implement his massive global tariff system. Johnson said: "We will give him the necessary space to implement policies and then see how things will develop." The speaker went on to say that Trump is "actively involved and trying to solve" the trade deficit problem. Republican opposition has taken the form of bipartisan legislation that aims to take back Congress' power over tariffs from the president. Previously, Democratic Senator Maria Cantwell and Republican Senator Chuck Grassley of Iowa proposed legislation to limit the president's unilateral power to impose tariffs. U.S. Rep. Don Bacon (R-Neb.) plans to introduce the House version of the legislation on Monday. Due to strong opposition from a group of fiscal conservatives, Johnson refused on Monday to publicly commit to submitting the revised Senate budget plan to the House for a vote this week. However, some senior Republican aides said the current plan is to hold a final vote on Wednesday afternoon as originally planned.
▌The probability of the Fed cutting interest rates by 25 basis points in May is 57%
According to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in May is 43%, and the probability of a 25 basis point cut is 57%. The probability of the Fed keeping interest rates unchanged by 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%.
▌The European Commission proposes to impose 25% counter-tariffs on a range of US imports
According to Reuters, documents show that the European Commission proposed to impose 25% counter-tariffs on a range of US imports, which will take effect from May 16. The European Commission has removed US bourbon from the list of goods on which it intends to impose counter-tariffs. The document said that the tariffs on some of the above-mentioned goods will take effect on May 16, while tariffs on other goods will take effect later this year, on December 1.
▌EU official: The final list of countermeasures against the United States will be finalized on the evening of the 7th
According to Cailian News, European Commission Trade and Economic Security Commissioner Šefčović said on the 7th local time that the EU will finalize the final list of countermeasures against the United States' 25% tariff on EU steel and aluminum that evening.
Earlier, Šefčović said on the same day that the first part of the EU's tariffs on the United States is scheduled to start on April 15, and the second part of the tariffs is scheduled to start on May 15. Šefčović said that EU member states will vote on countermeasures against US steel and aluminum tariffs on April 9. If the vote is passed, the two parts of the EU's tariffs on the United States will be levied on April 15 and May 15 respectively.
Golden Encyclopedia
▌What is address poisoning attack in cryptocurrency?
Address poisoning attacks are malicious means used by attackers to reroute traffic, interrupt services, or access sensitive data without authorization by inserting false data or changing routing tables. These attacks exploit defects in network protocols and seriously threaten data integrity and network security.
Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not intended as actual investment advice. Please establish a correct investment concept and be sure to improve risk awareness.
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