ChainCatcher news, according to Bloomberg, two senior figures in the U.S. anti-inflation protection and foreign exchange derivatives sectors have launched the dollar stablecoin USDi, whose value is determined by the growth of the U.S. Consumer Price Index (CPI) since December 2024. As of April 15, its value is $1.00863.According to Michael Ashton, who began his anti-inflation investment career at Barclays in the early 2000s, USDi is equivalent to the principal of TIPS, or theoretically similar to an inflation-protected savings account (if one existed). Ashton stated, "There is currently no true risk-free asset, that is, inflation-protected cash. Holding cash is an option on future opportunities, and the cost of that option is inflation. If inflation-protected cash is created, that is the endpoint of the risk line."According to a statement from USDi Partners LLC, the token will have the same purchasing power as the dollar in December 2024. USDi will mint and burn tokens at its stated value, which, like the principal of TIPS, will depend on the CPI of the day.Although the government only releases the CPI once a month, it interpolates daily values for TIPS investors to calculate accrued interest. The CPI value determines the index value of TIPS and USDi with a two-month lag, meaning the CPI for December corresponds to March 1, with data published up to May 31. The value of USDi on April 15 is calculated by dividing the CPI of that day (interpolated between the monthly values of January and February) by the CPI of December, which will always be the denominator in the formula.USDi will be backed by a reserve fund managed by Ashton, who has been managing the Enduring US Inflation Tracking Fund for qualified investors since October 2021. The fund holds assets such as TIPS.

ChainCatcher news, according to Ibtimes, five small businesses in the United States have filed a lawsuit in the U.S. International Trade Court, challenging the broad import tariff policy recently implemented by President Trump. The lawsuit, represented by the nonpartisan organization Freedom Justice Center, accuses Trump of overstepping his authority, illegally seizing Congress's power to levy taxes, and questioning the legitimacy of treating the trade deficit as a national emergency. The plaintiff businesses come from different states and industries, including a New York liquor importer and a Vermont bicycle apparel brand, all claiming that the tariffs have caused severe financial strain. The lawsuit seeks to prevent the enforcement of the tariffs and confirm that the president does not have the authority to unilaterally implement such measures. The White House argues that these tariffs are intended to protect American businesses and workers and address the long-standing trade deficit issue.

ChainCatcher news, Bank of America Global Research said on Tuesday that global investors have dramatically reduced their holdings of U.S. stocks to a record extent over the past two months, believing that the trade war triggering a global economic recession is the biggest risk facing the market.In a monthly survey of fund managers conducted by Bank of America, the proportion of respondents who net reduced their allocation to U.S. stocks was 36%, the highest level in nearly two years. Over the course of two months, the allocation to U.S. stocks fell by 53 percentage points, marking the largest two-month decline on record. This trend appears set to continue, as a record number of respondents also indicated they plan to cut their allocation to the U.S. stock market. Trump's aggressive tariff plan has triggered a sell-off of U.S. assets, including stocks, the dollar, and U.S. Treasuries. The stock market rebounded on Monday, but the S&P 500 index is still down about 8% year-to-date. Bank of America surveyed 164 investors managing $386 billion in assets.

ChainCatcher news, according to Jin Shi reports, U.S. Vice President Vance stated that due to President Trump's love for the UK and the royal family, it is very likely that the U.S. and the UK will reach a "great agreement" on trade.In Trump's initial tariff announcement, the UK was not subjected to the harshest penalties, as the trade relationship between the two sides was relatively balanced. Nevertheless, imports from the UK to the U.S. are now subject to a 10% tariff, while the UK's steel and automotive industries face a 25% tariff. Officials from both countries have been negotiating for weeks, initially focusing on strengthening cooperation in artificial intelligence and technology, but it may also expand to food and other goods.Vance said that the U.S. government is working very hard with Prime Minister Starmer's government in the UK. "The President really loves the UK," he said. "He loves the Queen. He admires and loves the King. This is a very important relationship. He is a businessman with many important business ties in the UK." When discussing the cultural affinity between the U.S. and the UK, Vance said, "I think we are very likely to reach a great agreement that serves the best interests of both countries."

ChainCatcher news, according to The Daily Hodl, Bank of America disclosed a data breach incident where customer files were lost, involving names, addresses, account information, and social security numbers. The bank lost files containing sensitive customer information during transportation, leading to a leak of personal information.Bank of America is offering two years of identity theft protection services to affected customers and has committed to addressing unauthorized transactions. The incident has drawn widespread attention, and the bank is taking measures to protect customer data security.

ChainCatcher news, according to a report by Jinshi citing CCTV News, the budget laboratory at Yale University has released a research report estimating the impact of all tariff measures implemented in the United States by 2025 and retaliatory tariffs from other countries as of April 9.The report shows that tariffs will cause American households to lose an average of $4,400. Researchers indicate that the overall average effective tariff rate faced by American consumers is 25.3%, the highest level since 1909. In the long term, the U.S. economy will continue to shrink by 0.6%, equivalent to a reduction of $160 billion per year.

ChainCatcher news, according to Caixin, the 27 member states of the European Union voted to approve countermeasures imposing a 25% tariff on U.S. imports in retaliation for the tariffs on steel and aluminum announced by the Trump administration on March 12.

ChainCatcher news, according to Jinshi reports, Wedbush analysts stated that "the notion that we can produce in the U.S." underestimates the complexity of the Asian supply chain and the way goods have been manufactured for American consumers over the past 30 years. In a research report, analysts described the latest tariffs as "the largest collapse in the market's history," as it is entirely caused by Trump himself, with flawed logic behind it.Wedbush stated, "The economic pain brought by these tariffs is hard to describe, and in the process, the U.S. tech industry may regress by 10 years."

ChainCatcher news, the Web3 short video creator economy platform TiTi has officially launched in the North American App Store. During the event, 10,000 TiTi tokens will be awarded to 100 users participating in the event.

ChainCatcher news, GameStop CEO Ryan Cohen posted on the X platform that the price of an American-made iPhone could rise to $10,000. In response, Michael Saylor, founder of Strategy (formerly MicroStrategy), stated that "American-made" Bitcoin will reach $1 million. He previously mentioned that Bitcoin does not "fear" tariffs and that Bitcoin has provided resilience amid the backdrop of a plummeting U.S. stock market, as during market panic, "traders will only sell what they can sell, not what they want to sell."

ChainCatcher News, former President Trump posted again on Truth Social regarding tariff policies, stating: "The impact of reciprocal tariff policies on our opponents is much more severe than on the United States. Many countries' countermeasures against us are harsh and unsustainable. We used to be the foolish and helpless 'punching bag,' but that is no longer the case. We are bringing back jobs and businesses at an unprecedented pace. There has already been over five trillion dollars in investments, and it is rapidly increasing! This is an economic revolution, and we will win. Hang in there, it won't be easy, but the final result will go down in history. We will make America great again!!"

ChainCatcher news, according to Cointelegraph, the new tariff policy introduced by President Trump is impacting the Bitcoin mining supply chain. U.S. mining companies are ramping up the shipment of thousands of ASIC miners from Southeast Asia to avoid the upcoming increase in import tariffs. The industry expects that this tariff hike will raise operating costs, potentially weaken miner profits, and affect future capacity expansion plans.

ChainCatcher message, according to Onchain Lens monitoring, the Trump family's crypto project WLFI has sent 213,159 USDT to a wallet associated with the Americana NFT deployer.

ChainCatcher news, Ripple CEO Brad Garlinghouse disclosed that in the largest cryptocurrency study in U.S. history, the NCA (National Cryptocurrency Association) found:21% of Americans own cryptocurrency76% of holders say cryptocurrency has had a positive impact on their livesThis is why organizations like the NCA are so important------they highlight the practical, everyday use cases made possible through cryptocurrency.

ChainCatcher news, according to Nikkei, Sumitomo Mitsui Financial Group will jointly develop a stablecoin pegged to fiat currency with American companies. The group will collaborate with two companies: one is the Avalanche development team Ava Labs, and the other is Fireblocks, which develops digital asset management systems.In addition, the infrastructure for the stablecoin will also be developed in conjunction with the local IT company TIS, with plans to conduct empirical experiments in the second half of the fiscal year 2025. The demand in areas such as inter-company payments will be a key focus of exploration, with further advancements expected around the fiscal year 2026.

ChainCatcher news, according to Bloomberg, the cryptocurrency mining company American Bitcoin, announced this week by Hut 8 and an investor team that includes U.S. President Trump's son, plans to seek a public listing.Hut 8 CEO Asher Genoot stated in a Bloomberg television interview on Tuesday that the company will also seek additional private funding. He mentioned that in the long term, this will form two publicly listed companies: one focused on energy, infrastructure, and data centers, and the other focused on Bitcoin, mining machines, and reserves. These two companies will together form a vertically integrated enterprise with excellent economic benefits.

ChainCatcher news, according to Jinshi reports, the White House stated that President Trump has signed an executive order to establish the U.S. Investment Accelerator. Trump has ordered the establishment of an office within the Department of Commerce, aimed at promoting and accelerating investments exceeding one billion dollars in the U.S. The White House will oversee the launch of the chip project office.

ChainCatcher news, according to the official account (@AmericanBTC), American Bitcoin has been officially established and will hold a press conference on April 1 at 20:30 Beijing time (8:30 AM Eastern Time), where co-founder Eric Trump and the Hut 8 leadership team will discuss the company's vision and strategy.In addition, American Bitcoin will also host a Twitter Space at 3:00 AM Beijing time on April 2 (3:00 PM Eastern Time on April 1) to discuss more details.ChainCatcher previously reported that Hut 8 Mining and Eric Trump, the son of former President Donald Trump, announced the establishment of American Bitcoin, aiming to set a new standard for Bitcoin mining.