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, recently, Forbes contacted 50 top leaders on Wall Street, including billionaire investors, major institutional asset management firms, and the largest wealth advisors in the United States, to gauge their level of support for President Trump's economic strategy since taking office.These 50 respondents were selected for their significant influence. Among these Wall Street heavyweights—more than half of whom supported his economic policies when Trump returned to the White House in January—72% stated that the Trump team's economic plan is ineffective, and 66% do not support his economic policies. Among those who supported Trump just weeks ago, more than a third no longer back his economic policies, with the majority (54%) indicating that Trump has failed to implement his plans.Forbes also surveyed these Wall Street moguls on specific aspects of Trump's economic policies, asking them to rate them on a scale of 1 to 5, with 5 being the most favorable score. Their ratings were mostly poor. On the issue of tariffs, Trump received a score of 1.86 (out of 5), with 27 respondents giving the lowest rating. In terms of the stock market, his score was similarly dismal at 1.96 (25 respondents rated him a 1 out of 5), while the executive order targeting law firms was almost equally poor at 2.10—this is a direct attack on the rule of law that underpins the American free enterprise system. The ratings for cryptocurrency (2.0) and inflation (2.16) were also disappointing.

ChainCatcher news, according to Coingape, U.S. Treasury Secretary Scott Bessent stated in an interview with Tucker Carlson that Bitcoin is becoming an "emerging store of value." He compared Bitcoin to gold, emphasizing that both have value storage properties.

ChainCatcher message, Ethereum Foundation Executive Director Tomasz K. Stańczak stated, "World (formerly Worldcoin) is building on Ethereum. I spent over 100 hours analyzing the design of World from January to February, reading all the blog posts, and launching various code components locally. World looks very promising and is more robust and privacy-focused than I initially expected."World co-founders Alex Blania and Sam Altman will update the next steps for Worldcoin, World ID, and World App on April 30.

ChainCatcher news, according to a White House official familiar with Trump's thinking, told the Washington Post, "He has reached a point where he completely doesn't care." "Bad news? He doesn't care at all. He will do what he wants to do. He will deliver on what he promised to do during the campaign."

ChainCatcher message, the U.S. Department of Labor will release the unemployment rate for March and the seasonally adjusted non-farm payroll data for March at 20:30 Beijing time tonight.In addition, Federal Reserve Chairman Powell will deliver a keynote speech on the economic outlook at 23:25 tonight.

ChainCatcher message, according to a report by CryptoQuant, shows that before Trump's speech, investors transferred more Bitcoin, ETH, and XRP to trading platforms, indicating an increased willingness to sell. In the hours following Trump's speech, the single-block transaction volume of Bitcoin also surged. In the U.S., Bitcoin deposits on Coinbase have also increased, especially from large holders.Similarly, the inflow of ETH to trading platforms peaked at around 80,000 ETH within 1 hour. The amount of XRP transferred to Binance jumped to 130 million within 1 hour, while for most of the previous day, it was less than 10 million XRP per hour.CryptoQuant stated that the increase in inflows to trading platforms reflects investors' willingness to close positions amid rising economic uncertainty. As traders liquidate long positions to take profits, the demand for Bitcoin and ETH in the perpetual futures market has decreased. However, as adverse factors fade, new economic data to be released later on Friday (non-farm and unemployment reports) may provide momentum for a short-term market rebound.

ChainCatcher news reports that, according to 4E monitoring, Trump's tariff plan is much more aggressive than the market expected, triggering strong investor concerns about a full-blown trade war leading to an economic recession. On Thursday, all three major U.S. stock indices fell sharply, with the Nasdaq dropping 5.97%, marking the largest single-day decline since March 2020; the S&P 500 fell 4.84%, and the Dow Jones dropped 3.98%, both the largest single-day declines since June 2020. Major tech stocks plummeted, as tariffs are expected to impact the supply chain, with Apple falling over 9%. The market capitalization of the "Magnificent 7" evaporated by about $1 trillion in a single day, reaching its lowest point since early August last year.The cryptocurrency market also saw a widespread decline. Bitcoin fell from a high of $88,000 before the tariff announcement to nearly $81,000, a significant drop, but still relatively strong compared to tech stocks. Various sectors of the market experienced widespread losses, with the overall cryptocurrency market capitalization dropping nearly 8%. The crypto fear and greed index, which had recovered in March, fell back into the "extreme fear" range.The foreign exchange and commodity markets were also affected, with the dollar index falling 1.61% to its lowest level since October 2024, erasing all gains since Trump's election; the outlook for slowing global economic growth caused oil prices to plummet nearly 7%, marking the largest single-day decline since July 2022. Spot gold prices fluctuated narrowly, remaining basically flat compared to the previous trading day.Trump's tariffs have caused a bloodbath in the financial markets, and the non-farm payroll report for March is set to be released tonight. Before the potential impact of import tariffs on the data, the labor market is expected to remain stable. The market is closely watching Powell's speech, and according to the CME FedWatch tool, traders' pessimism about the U.S. economic outlook has significantly increased the likelihood of an emergency rate cut by the Federal Reserve, with the number of expected rate cuts this year rising from two a month ago to four.

ChainCatcher news, QCP Capital stated in an official channel that Trump announced on Wednesday a 10% tariff on all imported goods and launched a "reciprocal tariff" policy targeting countries with significant trade deficits with the U.S., reigniting global trade tensions.As a result:BTC fell from an intraday high of $88,500 to $81,200, a decline of over 8%The cryptocurrency market saw massive liquidations, with long positions liquidated exceeding $221 millionU.S. stock futures plummeted, with Nasdaq futures down 4.28% and S&P 500 futures down 3.38%Consumer stocks with high supply chain exposure were hit hard, with American Eagle plunging 17.47%The market is currently focusing on the upcoming non-farm payroll report. Amid expectations of an economic slowdown, the market anticipates that the Federal Reserve will implement four rate cuts in 2025, with cuts of 25 basis points each in June, July, September, and December.In the options market, short-term volatility remains high, and demand for downside protection has increased, reflecting cautious market sentiment. However, analysts believe that a rebound may occur in the short term as risk assets are generally oversold.

ChainCatcher news, BitMEX co-founder Arthur Hayes stated that the global economic imbalance will be alleviated through money printing, which is favorable for the mid-term performance of Bitcoin and gold.Arthur Hayes pointed out that the dollar is weakening, foreign investors are selling U.S. tech stocks and reallocating funds back to their home countries, while suggesting that China respond to tariff pressures by loosening domestic credit flows overseas and allowing the yuan exchange rate to fall below 8.00.He predicts that the Federal Reserve may soon cut interest rates and restart quantitative easing to address economic impacts, while advising the Bank of Japan to expand QE through a weak yen policy, pushing the dollar-yen exchange rate above 160, and emphasizing the importance of maintaining patience, flexibility, and liquidity.

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that the SEC chairman nominee Paul Atkins has passed the Senate Banking Committee vote, and next, his nomination will be submitted to the full Senate for a vote.

ChainCatcher news, Babylon announces BABY token economics, with a total supply of 10 billion tokens, of which: community incentives (15%), research and development and operations (18%), early private investors (30.5%), team (15%), advisors (3.5%).

ChainCatcher news, Morgan Stanley economists indicate that Trump's imposition of reciprocal tariffs on Asia may have a greater drag on economic growth than in 2018-19, given that most countries in the region have a trade surplus with the United States, making Asia more vulnerable to tariffs.Economists state that the focus will be on whether these countries can negotiate an agreement with the United States to lower tariffs. Economists point out: "The rise in policy uncertainty will dampen business confidence, which in turn will suppress capital spending and trade. We believe that the more trade-oriented an economy is, the greater the drag (tariffs) will have on economic growth."

ChainCatcher news, according to POLITICO, Trump has revealed to his inner circle that Musk will soon be leaving the Department of Government Efficiency (D.O.G.E.).

ChainCatcher news, BitMEX co-founder Arthur Hayes published a lengthy article, using the form of a satirical novel to point out that Federal Reserve Chairman Powell is trapped in a fiscally dominated "forced compliance" pattern, and his shift to loose monetary policy has become inevitable. He emphasized that the Federal Reserve will be forced to restart quantitative easing (QE) to cover the massive fiscal deficit of the United States, and the resurgence of dollar liquidity will drive Bitcoin stronger.Hayes analyzed that although the market is still debating the pros and cons of tariffs, what the crypto market should truly celebrate is the imminent return of QE. He expects this process to begin this summer and noted that the Federal Reserve slowing down the pace of QT is a signal being released.He concluded that fiscal dominance means the Federal Reserve will abandon its independence, prioritizing ensuring that the government can finance itself at affordable interest rates, which is the core reason for persistently high inflation. In the face of a new round of capital release, Bitcoin will benefit in the long term due to its "digital gold" properties.

ChainCatcher news, according to official information, the PumpBTC Foundation has released the PUMP token economics and distribution details, with a total supply of 1,000,000,000 PUMP.The distribution details are as follows:Community Ecosystem: 38% (380,000,000 PUMP);Marketing: 5% (50,000,000 PUMP);Liquidity: 3.5% (35,000,000 PUMP);Contributors: 19.5% (195,000,000 PUMP);Investors: 20% (200,000,000 PUMP);IDO: 5% (50,000,000 PUMP);Among them, PumpBTC will distribute 9% (90,000,000 PUMP) of the total supply to loyal supporters through airdrops.