ChainCatcher news, Binance will launch FORTH USDT perpetual contracts, supporting up to 20x leverage.

ChainCatcher news, former Binance CEO Zhao Changpeng stated that Pakistan is the fifth most populous country in the world, with an average age of 24 years and 100% internet coverage, making it an active cryptocurrency market.He pointed out that there are about 20 million children out of school in the country and mentioned that the Giggle Academy project can help them gain education and employment opportunities.

ChainCatcher news, Binance Research has released the latest report. Since Trump's return to the White House and the significant increase in import tariffs, the cryptocurrency market has experienced intense fluctuations. BTC has fallen over 19% from its peak at the beginning of the year, and ETH has dropped over 40%. The total market capitalization has shrunk by nearly $1 trillion, with safe-haven funds flowing into gold and bonds.The research points out that ongoing trade frictions and stagflation risks have put the Federal Reserve in a policy dilemma, and the market has begun to anticipate multiple interest rate cuts within the year. Bitcoin has shown an increased correlation with the stock market in the short term and a negative correlation with gold, highlighting its risk asset attributes. However, in the long term, if inflation remains high while interest rates decline, Bitcoin may once again become an investment choice for hedging against inflation. In the short term, the cryptocurrency market may maintain a state of volatility and high sensitivity, while the long-term outlook will depend on the evolution of the global macro environment, the Federal Reserve's policy path, and whether the cryptocurrency industry can regain an independent narrative and asset positioning.

According to ChainCatcher, a report by Fortune states that scholars from the American Enterprise Institute (AEI) have found significant calculation errors in the tariff policy recently announced by the Trump administration. The White House incorrectly used the retail price elasticity (0.25) in the formula instead of the import price elasticity (0.945), resulting in an overestimation of the tariff rates by about four times.If the correct values were used, Cambodia's 49% tariff rate would drop to 13%, Vietnam's 46% would decrease to 12.2%, and most countries would even fall to the White House's set minimum tax rate of 10%.This error has triggered significant market volatility, with noticeable declines in the stock markets of the U.S., Asia, and Europe. AEI economists have accused this as a result of the White House deliberately manipulating the figures to achieve Trump's desired high tariffs.The White House, on the other hand, argues that using retail prices is reasonable and states that the actual tariff rates should be higher.

ChainCatcher news, citing analysts from The Block, pointed out that the sell-off in the cryptocurrency market on Monday was primarily driven by global macro factors rather than issues within the crypto market itself. Dr. Kirill Kretov, a senior automation expert at CoinPanel, stated in an interview with The Block: "We are in a period of heightened global uncertainty, with escalating tariff conflicts, frequent geopolitical hotspots, and conflicting macro signals all converging. In this environment, investors are pulling out of risk assets and moving towards what are considered safer assets, such as U.S. Treasuries and gold. Cryptocurrencies, especially altcoins, are bearing the brunt of the pressure."Despite the market facing a sell-off, some analysts still believe there is a possibility of a rebound in the short term. Analyst Chu from BRN stated that the oversold condition could trigger a rebound in the middle of this week, depending on the upcoming economic data.Chu said, "As the short-term overselling of risk assets intensifies, we may see some short-term relief in the next day or two. With the release of the Federal Reserve's FOMC meeting minutes on Wednesday, U.S. CPI and initial jobless claims on Thursday, and PPI along with the University of Michigan consumer sentiment and inflation expectations data on Friday, the market could experience at least a few weeks of a 'dead cat bounce' that may start as early as Wednesday."

ChainCatcher news, according to Jinshi reports, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated during a media meeting today (7th) evening that the U.S. tariff increases are bullying and unreasonable, violating World Trade Organization regulations. He pointed out that Hong Kong's financial system is quite robust, and stock market trading is proceeding smoothly, with no abnormal behaviors detected that could cause systemic impacts on the Hong Kong stock market.The SAR government will collaborate with multiple departments to implement all-weather, coordinated, cross-market monitoring to prevent financial risks. In addition, the SAR government will continue to monitor market changes and provide ongoing support for local SMEs.Paul Chan emphasized that the Hong Kong SAR government will maintain its status as a free port and implement free trade policies in accordance with the Basic Law of Hong Kong, and its determination to support free trade will remain unwavering.

ChainCatcher news, at the "Web3 Future Night" event, CoinUp.io shared a keynote speech titled "Becoming the Global Crypto Oasis."CoinUp.io stated that it currently has over 300 spot trading pairs, with daily active users exceeding 15,000 and daily trading volume surpassing $5 billion. The platform serves over 200 countries worldwide, with 61% of users coming from Asia, and 11% from both Africa and Southeast Asia. CoinUp.io also announced the establishment of a protection fund to provide emergency protection for user assets. Currently, the value of the CoinUp protection fund is $50 million, with BTC and USDT available for withdrawal at any time. CoinUp promises that over the next three years, the value of the protection fund will be maintained at over $200 million.It is reported that CoinUp.io is a one-stop cryptocurrency derivatives trading platform where users can trade traditional financial products and derivatives, such as commodities, foreign exchange, indices, as well as U.S. and Hong Kong stocks, all using USDT for trading.The "Web3 Future Night" event was co-hosted by ChainCatcher and the digital asset platform CoinUp.io, bringing together ideas and business opportunities.

ChainCatcher news, according to Jinshi reports, Kevin Hassett, the Director of the National Economic Council, stated that over 50 countries have contacted the White House to begin trade "negotiations." President Trump "is not trying to destroy the market by destroying the U.S. market." It is expected that employment numbers will fluctuate after the tariffs take effect.

ChainCatcher news, at the "Web3 Future Night" gala, Ryan Xu, Head of Partnerships at Interlace, shared a keynote speech on the topic of "The Financial Infrastructure of Web3: The Integration of Stablecoins and CaaS."He stated that Interlace provides open APIs for institutional clients such as wallets, exchanges, and brokers, enabling embedded financial integration while serving industry users in cross-border e-commerce, B2B trade, advertising, gaming, and Web3 startups. In 2024, Interlace has processed over $6 billion in transactions, with a year-on-year growth rate of 80% in card spending, serving a total of 7,500 enterprises.It is reported that the "Web3 Future Night" event was co-hosted by ChainCatcher and the digital asset platform CoinUp.io, bringing together ideas and business opportunities.

ChainCatcher news, according to Onchain Lens monitoring, a certain address transferred 11,104 ETH worth 19.97 million USD after being inactive for 8 years. Among them, 247.93 ETH was transferred to Coinbase, and 10,856 ETH was sent to a new wallet. The address initially withdrew ETH worth 2.51 million USD from Kraken and Gemini 8 years ago, and the current profit has reached 17.45 million USD.

ChainCatcher message, Etherscan announced the addition of the Internal Transactions Decoder feature, allowing users to expand any internal transaction on the transaction details page to view and decode its input data.

ChainCatcher message, Ethereum founder Vitalik Buterin discussed the development of Ethereum in 2025 at the ETHGlobal Taipei event, stating that even though most activities occur on L2, L1 scalability should not be overlooked. He listed several scenarios where L2 applications still rely on L1: L1 anti-censorship guarantees, asset transfers between L2s, large-scale exits from L2, asset issuance on L1, Keystore wallets, and L2 proof submissions.

ChainCatcher news, according to The Block, Acting Chair of the U.S. Securities and Exchange Commission (SEC) Mark T. Uyeda instructed agency staff on Saturday to review several previously issued employee statements regarding the application of securities laws to cryptocurrency investments and digital assets. This directive was issued under Executive Order 14192 (titled "Promoting Prosperity Through Regulatory Relief") and in response to recommendations from the Department of Government Efficiency (DOGE). Uyeda stated that the statements would be reviewed to determine whether they need to be "modified or rescinded" to align with the SEC's current priorities.The specific statements under review include: the 2019 guidance on whether digital assets constitute securities, which involves how to assess whether digital assets fall under securities through the "Howey Test"; the 2021 statement on Bitcoin futures, which advised investors to exercise particular caution when investing in mutual funds involving the Bitcoin futures market, emphasizing the speculative nature of the market, risks of market manipulation, liquidity constraints, and volatility, especially within mutual funds; and the 2022 guidance following cryptocurrency bankruptcy events, which required crypto companies to transparently disclose risks related to the crypto market, highlighting impacts on investors, including custody risks, liquidity issues, reputational damage, and regulatory scrutiny.Additionally, Uyeda also instructed the review of a risk alert issued in February 2021, warning investors about the "unique risks" of trading digital assets, as well as a 2020 statement regarding Wyoming allowing state-chartered trust companies to custody digital assets.

ChainCatcher news, according to Cointelegraph, despite the SOL price dropping by 9% from March 28 to April 4, the on-chain metrics of Solana continue to strengthen. On April 2, the total value locked (TVL) in Solana's DApps reached 53.8 million SOL, setting a new high since June 2022, amounting to 6.5 billion USD, leading BNB Chain by about 780 million USD. Major DApps include Jito, Jupiter, and Kamino. During the same period, DEX trading volume showed strength, with Solana capturing a 24% market share, surpassing BNB Chain (12%) and Base (10%). However, the unlocking of 1.79 million SOL on April 4 released significant selling pressure, coupled with the waning popularity of memecoins, leading to uncertainty in short-term price rebounds. Despite facing MEV controversies, Solana continues to gain support from developers and users in terms of underlying scalability and Web3 experience, solidifying its second position among decentralized platforms.

ChainCatcher news, according to Coinglass data, the total open interest of Bitcoin futures contracts across the network is 638,920 BTC (approximately 53.5 billion USD).Among them, the open interest of CME Bitcoin contracts is 140,510 BTC (approximately 11.76 billion USD), ranking first;The open interest of Binance Bitcoin contracts is 106,390 BTC (approximately 8.91 billion USD), ranking second.

ChainCatcher news, according to the official announcement, the Binance futures platform will launch BABY USDT perpetual contract pre-trading on April 5, 2025, at 21:30 (UTC+8), with a maximum leverage of up to 5 times.