ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Mnuchin stated that he hopes to secure long-term tariff revenue and agreements, and the U.S. will hold talks with at least 17 partners in the coming weeks. There is a significant chance of seeing income tax cuts in the tax bill, and tariff revenue may be used for tax reductions. U.S. President Trump is creating strategic uncertainty in the negotiations, and the range of uncertainty will gradually narrow.

ChainCatcher news, Melanie Baker, a senior economist at Royal Asset Management in London, stated in a report that the Federal Reserve is still expected to cut interest rates twice in 2025, but not earlier than the second half of the year, when the economy is anticipated to show clearer signs of slowing down. She pointed out that the risk of recession has increased, and the economic growth outlook for both the global and U.S. economies has deteriorated.However, she is currently still in the "economic slowdown" camp rather than the "economic recession" camp, due to the suspension of reciprocal tariffs and signs that Trump is responding to market pressures.

ChainCatcher news, according to BitcoinMagazine, U.S. Secretary of Commerce Howard Lutnick stated that the U.S. will "fully promote the development of the Bitcoin mining industry domestically."

According to ChainCatcher news and SoSoValue data, the cryptocurrency market has rebounded across the board, with the AI sector leading the way with a 9.07% increase. Within this sector, Bittensor (TAO), Render (RENDER), ai16z (AI16Z), and Virtuals Protocol (VIRTUAL) rose by 8.16%, 8.78%, 18.03%, and 39.50% respectively over the past 24 hours.In addition, Bitcoin (BTC) increased by 2.04% in 24 hours, briefly rising above $95,000. Ethereum (ETH) rose by 1.80%, approaching the $1,800 mark. Notably, MAG7.Ssi increased by 1.79%, DEFI.Ssi rose by 3.52%, and MEME.Ssi went up by 2.13%.Other standout sectors include: the DePIN sector, which rose by 6.09% in 24 hours, with Filecoin (FIL), IOTA, and Theta Network (THETA) increasing by 2.97%, 3.16%, and 7.13% respectively; the GameFi sector, which rose by 5.33%, with Decentraland (MANA) and GALA increasing by 5.49% and 6.56%; and the NFT sector, which rose by 4.40%, with SuperVerse (SUPER), Apecoin (APE), and Moca Coin (MOCA) increasing by 5.29%, 5.66%, and 29.91% respectively.The cryptocurrency sector indices reflecting historical performance show that the ssiAI, ssiDePIN, and ssiGameFi indices increased by 9.12%, 6.59%, and 5.58% respectively over the past 24 hours.In other sectors, the DeFi sector rose by 4.27% in 24 hours, the Layer2 sector increased by 3.48%, the Meme sector rose by 3.10%, the PayFi sector increased by 3.06%, and the Layer1 sector rose by 2.44%.

ChainCatcher news, according to The Block, MetaMask has partnered with CompoSecure and Baanx to launch the MetaMask "metal card," which is set to be released globally in the second quarter. The card allows users to make payments directly from their self-custodied MetaMask wallet without the need for pre-loading, converting to fiat, or relying on centralized exchanges.All transactions will be authorized via smart contracts within 5 seconds, and users will need to hold cryptocurrency on the Linea network. The card aims to address the "last mile" problem of cryptocurrency payments, thereby promoting the mainstream adoption of digital assets. MetaMask previously launched a pilot program in August 2024 and previewed the metal card at the ETHDenver conference in March this year. Additionally, the company plans to increase support for Bitcoin and Solana this year.

ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Basant stated that the first trade agreement may be reached as early as this week or next week.

ChainCatcher news, according to Bitcoin.com, based on Coinshares' latest report, the Bitcoin network's hash rate is expected to break the historic threshold of 1 Zettahash (ZH/s) as early as July this year, significantly ahead of previous predictions. This data confirms the strong growth momentum and risk resistance capability of the Bitcoin mining network.The report further predicts that the Bitcoin hash rate will exceed 1.28 ZH/s by the end of 2025 and may reach 2.0 ZH/s in early 2027.In addition, the report points out that a key indicator of miner profitability—the hash rate price—has seen a slight rebound this year, but it is predicted to enter a long-term structural downtrend. The report expects that before the Bitcoin halving cycle in 2028, the hash rate price will fluctuate within the range of $35-50 /PH/day, and will drop below $40 in the first quarter of 2026. This trend reflects the dual pressure of improved mining machine efficiency and intensified industry competition.

ChainCatcher news, according to OnchainLens monitoring, a whale withdrew 1.9 million TRUMP worth $2.83 million from Binance to increase its position in the TRUMP dinner.This whale, registered as "MeCo," ranks second (Top 25) in the TRUMP dinner leaderboard. Currently, the whale holds 1.389 million TRUMP, worth $20.59 million.

ChainCatcher news, according to Bitcoin.com, asset management company Grayscale met with the SEC's crypto working group on April 21 to apply for permission to stake its Ethereum ETF (ETHE and ETH). The company stated that due to regulatory restrictions, its managed assets of $8.1 billion have missed out on approximately $61 million in potential earnings from the product's launch until February 2025.Grayscale presented three arguments:Similar products in Europe and Canada have successfully implemented staking;Staking can enhance the security of the Ethereum network;A risk control plan has been established, including a "liquidity reserve."Coinbase Custody will provide technical support to mitigate the risk of forfeiture. Currently, U.S. spot Ethereum exchange-traded products (ETPs) cannot fully reflect the value of the underlying assets due to the ban on staking. Grayscale urges the SEC to update regulatory rules in line with traditional financial products.

ChainCatcher news, according to reports from Huigang Communications, Victory Securities announced today that it has obtained two approvals for virtual asset business from the Hong Kong Securities and Futures Commission.The company is authorized to provide Discretionary Account Management Services (DAMS) for virtual assets to retail and professional investors, allowing investments in spot virtual assets, virtual asset futures, and options in accordance with the SFC's suitability regulations. Additionally, the company is also authorized to distribute structured products of virtual assets that are settled and subscribed in physical form to professional investors.

ChainCatcher message, according to SoSoValue data, the net inflow for Bitcoin spot ETFs last week (Eastern Time from April 21 to April 25) was $3.06 billion.The Bitcoin spot ETF with the highest net inflow last week was Blackrock's Bitcoin ETF IBIT, with a weekly net inflow of $1.45 billion, bringing the total historical net inflow for IBIT to $41.2 billion. Following that is the Bitcoin ETF ARKB from Ark Invest and 21Shares, with a weekly net inflow of $621 million, marking a historical weekly net inflow high, and the total historical net inflow for ARKB currently stands at $3.11 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $109.27 billion, with an ETF net asset ratio (market cap as a percentage of total Bitcoin market cap) reaching 5.80%, and the historical cumulative net inflow has reached $38.43 billion.

ChainCatcher message, according to SoSoValue data, the encrypted market sector generally retraced, with Bitcoin (BTC) down 1.15% in 24 hours, briefly falling below $93,000. Ethereum (ETH) dropped 2.36%, falling below $1,800. Only the NFT and PayFi sectors maintained an upward trend, with the NFT sector rising 3.47%. Within this sector, Pudgy Penguins (PENGU) has continued to rise recently, increasing 30.59% in 24 hours, and Magic Eden (ME) rose 6.92%. The PayFi sector increased by 2.60%, with XRP and Monero (XMR) rising 3.22% and 17.79%, respectively.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that the ssiNFT and ssiPayFi indices rose 6.42% and 2.40% in 24 hours, respectively, with the ssiNFT weekly return rate reaching 38.47%.Also performing well is the decentralized storage protocol Walrus (WAL) from the Sui ecosystem, which rose 17.86% in 24 hours.In other sectors, the CeFi sector fell 0.62%, the Layer1 sector dropped 1.54%, and the Meme sector decreased 1.69%, with Bonk (BONK) and Fartcoin (FARTCOIN) rising against the trend by 4.05% and 10.24%, respectively. The AI sector fell 2.50%, but Bittensor (TAO) and ai16z (AI16Z) rose by 1.51% and 2.01%, respectively. The DeFi sector decreased by 3.29%, and the Layer2 sector fell by 4.10%.

ChainCatcher news, according to Forbes, the U.S. Securities and Exchange Commission (SEC), under the leadership of new chairman Paul Atkins, is gradually adopting a more orderly and innovation-friendly regulatory approach to digital assets. The SEC has recently issued regulatory guidance on meme coins and stablecoins, providing market participants with clearer compliance directions.However, Eric Trump plans to appear at the Token2049 conference, and the TRUMP token project related to Trump has sparked controversy. Democratic Senators Elizabeth Warren and Adam Schiff have written to request an ethical investigation into the TRUMP token, questioning its practice of using token sales in exchange for meetings with the president.

ChainCatcher news, according to Fxempire, the U.S. SEC has approved three futures ETFs of ProShares Trust for XRP: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, which will provide investors with a way to gain exposure to price movements without directly holding XRP tokens.ProShares Ultra XRP ETF: Aims to provide twice the returns of XRP futures prices.ProShares UltraShort XRP ETF: Aims to provide twice the inverse returns of XRP futures prices.ProShares Short XRP ETF: Aims to provide inverse returns of XRP futures prices.These three futures ETFs are scheduled to officially start trading on April 30, 2025.

ChainCatcher news, according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust's XRP ETF to be publicly listed on April 30.

ChainCatcher news, according to DLNews, the new chairman of the U.S. Securities and Exchange Commission, Paul Atkins, pledged in a recent roundtable discussion to bring clear regulations for cryptocurrency oversight, criticized past efforts, and promised to establish a "purpose-built" framework for digital assets.He stated that he expects this market innovation to bring significant benefits in terms of efficiency, cost reduction, transparency, and risk mitigation. Innovation has been stifled in recent years due to market and regulatory uncertainty.

ChainCatcher news, according to Cointelegraph, SEC Commissioner Hester Peirce stated at the SEC's "Know Your Custodian" roundtable that U.S. financial institutions are playing a game of "the floor is lava" in the dark when dealing with cryptocurrency business.Peirce explained that registrants of the SEC must treat activities related to cryptocurrency as if they were playing "the floor is lava," aiming to jump from one piece of furniture to another without touching the ground, except here, direct contact with cryptocurrency is the lava. "The Washington, D.C. version of this game is our regulatory approach to crypto assets, particularly the custody of crypto assets. Due to unclear regulatory rules, companies wanting to engage in cryptocurrency must avoid directly holding cryptocurrencies.Hester Peirce stated, "Now is the time for us to find a way to end this game. We need to turn on the lights and build some sidewalks over the lava pits."