ChainCatcher message, Federal Reserve Chairman Powell stated in a keynote speech on the economic outlook: weak economic growth and rising inflation offset each other, which will lead the Federal Reserve to maintain its expectation of two rate cuts in 2025.Tariffs are very likely to cause prices to rise in the short term, and the impact on prices may also be more lasting. The Federal Reserve's responsibility is to ensure that long-term inflation expectations remain stable.

ChainCatcher news, Federal Reserve Chairman Powell stated in a speech that potential tariffs could have a lasting impact on inflation. The Federal Reserve is prepared to consider adjustments as needed. It is essential to ensure that price increases do not lead to sustained inflation.The impact of tariffs on the economy may be greater than expected. The Federal Reserve has an obligation to keep inflation expectations stable. Tariffs could elevate inflation in the coming quarters; sustained effects may also occur.

ChainCatcher news, according to Jinshi reports, the number of jobs added in the U.S. economy in March far exceeded expectations, but with declining business confidence and a stock market sell-off, Trump's tariff policy may test the resilience of the labor market in the coming months. Non-farm payrolls increased by 228,000 jobs in March. The unemployment rate rose from 4.1% in February to 4.2%.Economists expect the impact of reciprocal tariffs to become evident in the April employment report. As consumers curl up amid rising prices, retail employment is most likely to decline. Financial markets anticipate that the Federal Reserve will resume interest rate cuts before June after pausing its policy easing cycle in January.

ChainCatcher news, according to Jin10 data, the seasonally adjusted non-farm payrolls in the U.S. for March recorded 228,000, an increase higher than the market expectation of 135,000. The U.S. dollar index rose 20 points in the short term, currently reported at 101.87. U.S. stock index futures further declined after the release of the March non-farm payroll data.

ChainCatcher news, according to Jinshi Data, the U.S. unemployment rate for March is 4.2%, expected 4.1%, previous value 4.10%.

ChainCatcher news, according to CertiK Alert monitoring, AIRWA was attacked on the BSC network this morning, resulting in a loss of approximately $34,000. The contract has a public setBurnRate() function, which the attacker exploited to modify the parameters for burning AIRWA tokens and profited from it.

ChainCatcher news, according to data from Greeks.live, 26,000 BTC options and 220,000 ETH options are set to expire, with maximum pain points at $84,000 and $1,850, respectively. Implied volatility has risen significantly, with BTC term volatility exceeding 50% and ETH maintaining around 65%. Market sentiment is bleak, the probability of a black swan event has increased, and the proportion of bearish options trading and open interest continues to grow.

ChainCatcher news, Coinbase Derivatives has announced that it has submitted an application to the Commodity Futures Trading Commission (CFTC) to launch XRP futures contracts, with the official expectation that the contracts will go live on April 21, 2025.

ChainCatcher news, according to Jinshi reports, Morgan Stanley stated that it currently expects the Federal Reserve will not cut interest rates in 2025, whereas it previously anticipated a 25 basis point cut in June.

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the U.S. for the week ending March 29 was 219,000, expected to be 225,000, and the previous value was revised from 224,000 to 225,000.The four-week average of initial jobless claims in the U.S. for the week ending March 29 was 223,000, with the previous value revised from 224,000 to 224,250.The number of continuing jobless claims in the U.S. for the week ending March 22 was 1.903 million, expected to be 1.87 million, and the previous value was revised from 1.856 million to 1.847 million.

ChainCatcher message, Matrixport will launch a community newcomer trading cashback event from April 2 to April 13, 2025. New users who register through super agents or KOL links, deposit over 100 USDT, and meet the cumulative trading volume requirements can receive up to 33 USDT in airdrop rewards. Agents and KOLs can earn up to 188 USDT in exclusive rewards by inviting valid users and meeting the required number of participants.Matrixport is also opening the super agent program application channel, and participants can join the official Matrixport community @Matrixport_CN for more details. The event details are subject to the platform announcement.This event is only open to new users who register through designated agent/KOL links.

ChainCatcher news, the AI-driven asset management and investment research platform SoSoValue announced the official launch of its API open platform. Based on the currently available open interfaces, developers and institutional users can directly access the ETF data dashboard and crypto AI news sources through the SoSoValue API. In the future, it will also support richer token details and AI research reports.Currently, Bybit has taken the lead in completing a deep integration with the SoSoValue API, successfully applying the real-time data interface to the functionality upgrade of its AI investment assistant Lens. By integrating the SoSoValue API, Bybit has not only significantly enhanced the comprehensiveness of asset data coverage and the accuracy of market analysis on its platform but has also achieved comprehensive capture of key market elements such as real-time price fluctuations, deep market data, industry news dynamics, and investment and financing information, providing its platform users with more comprehensive market information and more precise investment decision support.In terms of data service upgrades, SafePal has achieved real-time market and information push through the integration of the Feeds API, while BSCN has built a structured data analysis framework for digital currency ETFs based on the ETF API, supporting more precise asset analysis and market trend tracking to meet the diverse needs of users and institutions in the crypto market.The SoSoValue API open platform will officially open for applications at 18:00 Beijing time on April 3, with the first 1,000 applicants able to use it for free.

ChainCatcher news, UBS expects the Federal Reserve to cut interest rates by 75-100 basis points for the remainder of 2025.

ChainCatcher news, Deribit officially announced that approximately $2.5 billion in crypto options will expire tomorrow (April 4th, 16:00 Beijing time). Among them, the notional value of Bitcoin (BTC) options is about $2.16 billion, with a Put/Call ratio of 1.27 and a maximum pain price of $85,000; the notional value of Ethereum (ETH) options is about $371 million, with a Put/Call ratio of 1.31 and a maximum pain price of $1,850.Although market volatility this week is relatively calm compared to last week's quarterly expiration, position adjustments remain crucial.

ChainCatcher news, TRON founder Justin Sun disclosed at a press conference that after providing financial assistance to the stablecoin TUSD under Techteryx, he discovered that financial institutions including Hong Kong trust company First Digital Trust Limited (FDT) and Legacy Trust Company Limited (Legacy Trust), as well as a private company in Dubai, illegally misappropriated $456 million of TUSD's fiat reserves.Justin Sun stated that Vincent Chok, CEO and Director of FDT and Legacy Trust, approved the illegal transfer of public assets, harming public interests and jeopardizing Hong Kong's reputation as a global financial center. Although Justin Sun himself provided sufficient liquidity for TUSD through his own assets, safeguarding the interests of all TUSD holders, the incident exposed serious loopholes in the trust industry. He called on Hong Kong regulators to severely punish the fraudsters and reform industry standards.

ChainCatcher news, according to SoSoValue data, yesterday (Eastern Time April 2) the total net outflow of Ethereum spot ETFs was $51.2447 million.The Ethereum spot ETF with the highest net outflow yesterday was Grayscale ETF ETHE, with a net outflow of $31.0783 million. Currently, the historical total net outflow of ETHE has reached $4.198 billion.The second was BlackRock ETF ETHA, with a net outflow of $20.1664 million. Currently, the historical total net inflow of ETHA has reached $4.053 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $6.489 billion, and the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 2.86%. The historical cumulative net inflow has reached $2.360 billion.

ChainCatcher news, according to 4E monitoring, Trump announced last night the implementation of reciprocal tariffs, adopting a dual-track system that combines "benchmark tariffs" and "one country, one tax rate," with rates exceeding market expectations. The U.S. stock market was initially optimistic due to the 10% benchmark tariff being lower than expected, with major indices closing up. However, after the specific high tax rates were announced, investors became concerned about the escalating risks of a global trade war, which could drag the U.S. economy into recession, leading to panic selling after hours, with stock index futures plummeting. As of the time of writing, S&P 500 futures were down over 2.79%, Nasdaq futures fell over 2.65%, and Dow futures dropped more than 1.9%.The cryptocurrency market fell across the board. Initially buoyed by optimistic sentiment regarding tariffs, global risk assets generally rose, with Bitcoin briefly soaring to $88,500. However, as more details were released, market sentiment turned sharply negative, and Bitcoin plummeted to yesterday's low, returning to around $83,000, with a 24-hour decline of over 1.8%. Ethereum fell from $1,957 to below $1,800. Most sectors in the market declined, with the Meme sector experiencing significant losses.In the forex and commodities market, the dollar fell throughout the day, down 0.65%; during the U.S. trading session, oil and gas prices rose, but after the tariff announcement, crude oil futures prices dropped by 1.0%; safe-haven sentiment drove gold prices to new highs, with London spot gold reaching $3,157, up about 0.7%.After Trump announced comprehensive new tariffs on 185 countries, U.S. stock index futures and major cryptocurrencies plummeted, triggering turmoil in global markets and widespread risk aversion. The scale and unpredictability of the tariffs have quickly shifted investors' focus to macroeconomic headwinds, prompting the market to reassess inflation trajectories, growth risks, and policy responses for the second quarter.

ChainCatcher news, according to Jin10 data reports, China International Capital Corporation (CICC) stated that Trump announced "reciprocal tariffs" on April 2, exceeding market expectations. The reciprocal tariffs combine "carpet" tariffs with "one country, one tax rate," covering more than 60 major economies.Calculations show that if these tariffs are fully implemented, the effective tariff rate in the U.S. could rise significantly by 22.7 percentage points from 2.4% in 2024 to 25.1%, surpassing the tariff levels after the implementation of the Smoot-Hawley Tariff Act in 1930.CICC believes that reciprocal tariffs may increase uncertainty and market concerns, exacerbating the risk of "stagflation" in the U.S. Estimates indicate that tariffs could push U.S. PCE inflation up by 1.9 percentage points and reduce real GDP growth by 1.3 percentage points, although they may also bring in over $700 billion in fiscal revenue. In the face of "stagflation" risks, the Federal Reserve may have no choice but to wait and see, making it difficult to cut interest rates in the short term. This will further increase the risk of economic downturn and add downward pressure on the market.