ChainCatcher news, according to monitoring by The Data Nerd, a whale address that has held ETH for two years has just transferred 2,300 ETH (approximately 3.58 million USD) to Kraken. Two years ago, it accumulated these ETH at an average price of about 1,298 USD.

ChainCatcher news, according to CNBC citing The Wall Street Journal, U.S. President Trump privately acknowledged that his comprehensive and high tariff plan announced last week could lead to an economic recession, but he is more focused on avoiding an economic depression.U.S. National Economic Council Director Kevin Hassett stated that the collapse of the bond market prompted Trump to adjust trade policies.

ChainCatcher news, according to Coinglass data, the funding rates of mainstream CEX and DEX show that the market is still in a bearish trend. The specific funding rates of mainstream cryptocurrencies are shown in the attached image.

ChainCatcher news, according to glassnode data, since November 2022 (the FTX collapse), Bitcoin's realized market cap has increased by $468 billion (+117%), while Ethereum has only increased by $61 billion (+32%). The MVRV ratio shows that since January 2023, Bitcoin investors' unrealized profits have consistently been higher than those of Ethereum holders.In March of this year, Ethereum's MVRV fell below 1.0, indicating that ordinary investors are now in a loss position. The MVRV difference between the two assets confirms that Bitcoin investors' profitability has exceeded that of Ethereum for 812 consecutive days, setting a historical high. This ongoing trend highlights the structural differences between the two assets throughout the cycle.

ChainCatcher message, as the largest veCAKE holder and a long-term contributor to PancakeSwap's growth, Cakepie DAO strongly opposes the newly announced tokenomics proposal 3.0 for DEX.This proposal includes plans to remove veCAKE, staking, voting metrics, and profit sharing, raising many questions, especially among protocols that have built entire ecosystems around these mechanisms. Critics argue that by removing veCAKE, PancakeSwap would shift influence from long-term supporters to whales and short-term holders.

ChainCatcher news, according to Jinshi reports, traders believe that the possibility of the Federal Reserve starting to cut interest rates in May is over 60%.

ChainCatcher news, Tether CEO Paolo Ardoino revealed in a recent interview that although Tether's U.S. stablecoin plans are still in the early stages and uncertain, the company is working towards diversifying into artificial intelligence. They plan to launch their own AI platform in June (or September), which will be a peer-to-peer alternative to models like OpenAI, allowing users to control their own data and perform all reasoning, executing all complex AI logic on their own devices, from $30 smartphones to iPhones to Android phones to any laptop, and can also connect directly to other devices for more functionality without having to share data with ChatGPT.

ChainCatcher news, X.me announced that RED (official website: getred.ai) plans to airdrop 90% of its tokens to X.me users. BKT Solutions will convert the points information passed through X.me into tokens and distribute them to users.Users' points will be accumulated through interactions and behaviors on the X.me platform. This move will bring more benefits to X.me users and help the platform continue to optimize and develop. BKT Solutions will also provide ample liquidity for RED, thereby supporting its long-term development.

ChainCatcher news, according to official sources, the cryptocurrency exchange Kraken has announced a partnership with Beeks Exchange Cloud to launch a custody service, which is planned to go live later this year to support institutional and individual clients with very high trading performance requirements.

ChainCatcher news, UK interest rate futures indicate that the Bank of England will cut rates by about 95 basis points by the end of 2025, down from about 78 basis points on Tuesday. Traders have raised their expectations for a rate cut by the Bank of England, believing that a 50 basis point cut may occur in May.

ChainCatcher news, according to Cointelegraph, the Executive Director of the European Securities and Markets Authority (ESMA), Natasha Cazenave, stated to the Economic and Monetary Affairs Committee on April 8 that as the cryptocurrency industry grows and deepens its connections with traditional financial institutions, a sharp decline in cryptocurrency prices in the future could have a ripple effect on the overall financial system. Although crypto assets currently account for only 1% of global financial assets and do not yet pose a significant "spillover effect," their rapid development, especially in the crypto-friendly U.S. market, is noteworthy. The EU has implemented the Markets in Crypto-Assets Regulation (MiCA) to address risks, but Cazenave emphasized that "there are no absolutely safe crypto assets," and more rules may be needed to mitigate future risks. Currently, about 10%-20% of European investors hold crypto assets, while 95% of European banks have yet to enter this field.

According to ChainCatcher news, as disclosed by Onchain Lens, a dormant whale that has been inactive for two years transferred 500 ETH (approximately $708,700) to Kraken today. Based on its historical purchase price of $1,504, it still faces a loss of about $166,000. This whale had withdrawn a total of 2,225 ETH from Bittrex between July 2022 and April 2023 and currently holds 1,725 ETH, valued at approximately $2.47 million.

ChainCatcher News, the U.S. Department of Justice has released an official statement regarding cryptocurrency laws, stating that developers will not be held liable, while criminals using the code will be held accountable. This clarifies that developers are not responsible for the misuse of their code by criminals, and law enforcement will focus on actual criminal activities such as fraud and terrorism financing.The memorandum emphasizes the protection of the rights of legitimate blockchain users and businesses, supports fair access to banking services, and reduces enforcement actions against cryptocurrency trading platforms and mixing services. This move may signal the Trump administration's further easing of restrictions on the cryptocurrency industry, injecting new vitality into its development.

ChainCatcher news, renowned hedge fund manager Bill Ackman issued an apology for his previous accusations against U.S. Secretary of Commerce Howard Lutnick, stating that he should not have questioned his motives and believes that the latter is doing his best to serve the country on behalf of the president.He emphasized that tariffs are a significant policy mistake that could jeopardize the current economic progress of the United States, while also expressing a hope to ultimately be "slapped in the face," meaning that this policy could bring positive outcomes for the nation and the global economy.

ChainCatcher news, according to Lookonchain monitoring, a whale that accumulated Ethereum in 2017 has deposited 2,000 ETH (worth 3.11 million USD) to Kraken after being silent for 7 years.This whale bought 10,001 ETH at a price of 352 USD in November 2017 (costing 3.52 million USD) — even during the last bull market when ETH reached 4,878 USD, he did not sell.His current profit is 12.3 million USD, but the unrealized profit at its peak was 45 million USD.

ChainCatcher news, according to Bloomberg, Ledger SAS must respond to consumer allegations in the United States, which claim that it misleadingly advertised the security of its cryptocurrency "wallet" devices, as ruled by a U.S. federal court.U.S. District Judge LaShonda A. Hunt of the Northern District of Illinois stated that while the sales contracts for the Nano S and Nano X hardware devices mention the applicability of French law, this mention is not exclusive, and the consumer allegations do not rely on the applicability or interpretation of the contract, thus the contract cannot limit the venue for consumer lawsuits.It is reported that "SAS" is one of the commonly used company types in France, which is similar to the American "Limited Liability Company" (LLC). This company structure provides a flexible management structure and shareholder liability protection, and is typically used for small to medium-sized enterprises or startups.