U.S. Treasury Secretary Benson: Trump will announce corresponding tariff measures at 3:00 Beijing time on April 3
US Treasury Secretary Besant: President Trump will announce corresponding tariff measures at 3 pm on Wednesday (3:00 am Beijing time the next day).
2025-04-01 10:02:38
Citi: South Korea's GDP growth may slow in 2025, and the central bank may cut interest rates three more times
Citigroup analysts Jin-Wook Kim and Jiuk Choi wrote in a report that due to the sluggish economic activity in the first quarter and the new tariffs implemented in the United States in April, South Korea's GDP growth rate this year may be weaker than expected. Analysts say that the delay in fiscal stimulus measures may also drag down the country's GDP growth. They have lowered their GDP growth expectations for South Korea in 2025 from 1.2% to 1.0%. The government may prepare an additional budget of 100 trillion Korean won in the second quarter and an additional budget of 200 trillion Korean won in the third quarter to support the economy. They added that the central bank may cut interest rates three more times this year - possibly in May, August, and November.
2025-04-01 10:02:36
AI infrastructure platform Mahojin completes $5 million financing
AI infrastructure platform Mahojin has completed a $5 million financing round, led by a16z CSX and Maelstrom. Mahojin aims to create a "GitHub" for AI model creators and dataset developers, with the platform enabling intellectual property tracking and rewarding the original contributors of models and datasets.
2025-04-01 10:02:35
Ambient Completes $7.2 Million Seed Round
Ambient completed a $7.2 million seed round financing, with participation from a16z, Delphi Digital, and Amber Group. Ambient aims to combine artificial intelligence technology to provide fast, affordable, and open smart services. The project uses a proof-of-work mechanism similar to Bitcoin and operates in a manner similar to Solana's network.
2025-04-01 09:43:50
Tokenized Real-World Assets Market Expanding Rapidly, Facing Obstacles
The tokenized real-world assets (RWAs) market is rapidly expanding, with the primary challenge to wider adoption being the absence of dedicated secondary markets for trading tokenized securities, as stated by Prometheum founder and co-CEO Aaron Kaplan. Kaplan emphasized the significance of regulatory clarity in the tokenization sector, highlighting that the US SEC's special purpose broker-dealer framework and ATS licensing offer a regulated pathway for issuing blockchain-native funds. Despite the increasing value of tokenized RWAs, the limited market infrastructure for trading these assets remains a bottleneck, particularly for institutional and retail investors. Two main strategies are being pursued to tackle this issue: establishing decentralized tokenized securities markets through DeFi frameworks and incorporating tokenization protocols into existing brokerage platforms under SEC-registered entities. The demand for tokenized assets, especially in real estate, is on the rise as investors look for digital native versions of traditional assets within a familiar ecosystem.
2025-04-01 09:43:48
The Significance of On-Chain Data in the Cryptocurrency Market
The term "on-chain data" is attracting more attention from blockchain enthusiasts, investors, and developers. This article delves into the importance of on-chain data in the cryptocurrency market, its role in market analysis, and decision-making processes. On-chain data refers to information directly recorded on the blockchain, offering transparency, immutability, and security. Examples of on-chain data include transactions, smart contract interactions, token movements, and staking activities. Investors and developers can use on-chain data to comprehend market trends, monitor whale movements, analyze transaction volume, and categorize different types of on-chain data.
2025-04-01 09:43:47
Trump family owns at least 60% of WLFI through new holding company
Trump family seems to be strengthening its control over WLFI. WLFI was announced by Trump before taking office, but is still in the development stage. According to a report released by Reuters on Monday, the Trump family further consolidated their control over World Liberty in January by establishing WLF Holdco LLC. DT Marks DeFi LLC, an affiliate entity of Trump and some of his family members, holds 60% of the shares of the new company WLF Holdco LLC, while WLF Holdco LLC holds the sole membership interest in WLFI, responsible for overseeing the development and operation of the WLFI governance platform. Although it is currently unclear who owns the remaining 40%, this adjustment seems to no longer make WLFI co-founders Zak Folkman and Chase Herro the controllers of the platform.
2025-04-01 09:43:45
Sam Green's Cambrian Secures $5.9M to Revolutionize AI-Powered Finance
The company, led by a16z’s CSX accelerator program, has successfully raised $5.9 million in a seed round, establishing itself as a major player in the rapidly changing world of AI-driven financial agents. Green, an experienced professional in AI and cryptography, has always been a pioneer in innovation. Prior to founding Cambrian, he was a co-founder of Semiotic Labs, a core developer team for The Graph, and contributed to Odos, a major liquidity aggregator that has enabled billions in trading volume. With a PhD in reinforcement learning, his expertise has positioned him as a leader in constructing the necessary infrastructure for AI agents to function in high-stakes financial environments. Cambrian's goal is to equip financial agents with hyperaware intelligence by combining on-chain and off-chain data. Its technology guarantees that AI models can handle large amounts of verified financial information, allowing for precise, risk-aware decision-making. Supported by Stanford's Blockchain Builders Fund and notable angels from The Graph ecosystem, Cambrian is poised to redefine how AI interacts with financial markets. Participation in a16z's accelerator is a significant milestone for Cambrian as it prepares to launch its testnet and mainnet. Green's leadership and profound understanding of AI-driven finance have already attracted key partnerships, including collaborations with EigenLayer and Virtuals. Cambrian's initial AI agent, Deep42, is already providing high-quality DeFi insights, demonstrating the practical applications of its data solutions. Green envisions a future where AI agents operate with unparalleled financial intelligence, bridging the gap between data and decision-making. With this funding, Cambrian is ready to lead the agentic finance revolution, empowering AI to navigate complex markets with certainty and efficiency. The original article was published on Coindoo.
2025-04-01 09:43:44
XRP Faces Uncertainty as Bearish Signals Increase
On March 19, Ripple CEO Brad Garlinghouse announced that the US Securities and Exchange Commission had cleared the company of allegations regarding a $1.3 billion unregistered securities offering. This news led to a surge in XRP (XRP) price to $2.59, but the gains were short-lived as the cryptocurrency experienced a 22% correction, dropping to $2.02 by March 31. Investors are concerned about a potential further price correction as XRP is currently trading 39% below its all-time high of $3.40 from Jan. 16. Additionally, XRP perpetual futures (inverse swaps) show a strong demand for leveraged bearish bets, indicating a bearish sentiment in the market.
2025-04-01 09:43:44
Trump Administration's Designation of Cartels as Terrorist Organizations Raises Concerns for Crypto Industry
Written by Genny Ngai and Will Roth from Morrison Cohen LLP, the Trump administration has labeled drug and violent cartels as Foreign Terrorist Organizations (FTOs) and Specially Designated Global Terrorists (SDGTs) since taking office. President Trump's orders to eliminate these cartels pose a significant threat to the cryptocurrency industry, potentially leading to unintended consequences for the digital asset community. The recent legal action against cryptocurrency companies, such as Binance, for aiding terrorist groups highlights the need for vigilance and compliance with anti-terrorism laws in the industry. As drug cartels are now considered terrorist organizations, crypto companies should be prepared for potential lawsuits and ensure they are not inadvertently involved in illegal activities.
2025-04-01 09:43:43
South Korea Sentences Crypto Fraudsters to Prison
Three individuals were found guilty of deceiving victims with promises of high returns through the selection of 1,000 top-tier cryptocurrencies worldwide, claiming monthly profits of up to 30%. However, it was later discovered that their "proprietary trading algorithm" was a sham, with the money being misappropriated for personal gain. The main perpetrator received a four-and-a-half-year prison sentence, while his two associates were sentenced to three-and-a-half and two-and-a-half years. The court condemned their exploitation of public interest in cryptocurrencies, emphasizing the need for a strong judicial response to such crimes.
2025-04-01 09:43:41
U.S. CFTC Chairman-elect Meets with Iowa Senators to Discuss Crypto Spot Market Regulation
Forbes journalist Eleanor Terrett wrote that Brian Quintenz, the nominee for chairman of the U.S. Commodity Futures Trading Commission (CFTC), has started meeting with senators on Capitol Hill to prepare for his confirmation hearing. Today, he met with Republican Senator Chuck Grassley from Iowa to discuss CFTC affairs, including the issue of cryptocurrency spot trading markets.
2025-04-01 09:43:40
BlackRock CEO Warns U.S. Risks Losing Reserve Currency Status to Bitcoin
The CEO of BlackRock highlighted the growing significance of digital assets, such as Bitcoin, as a potential threat to the global dominance of the dollar. The U.S. debt is increasing at a faster pace than the economy, with interest payments expected to exceed $952 billion this year, surpassing military spending. If not addressed, by 2030 debt service and mandatory spending could consume all federal revenue, leading to a permanent deficit. While acknowledging the role of digital assets, the CEO expressed concerns that decentralized finance could shift the balance of power in the global economy, posing challenges to the U.S. dollar's supremacy. BlackRock's Bitcoin ETF, IBIT, has achieved remarkable growth, becoming the largest ETF launch in history with $50 billion in assets under management within a year, driven by significant inflows in 2024. The CEO suggested that if more institutional and retail investors allocate a small percentage of their portfolios to Bitcoin, its price could potentially reach $700,000, positioning BlackRock as a key player in the digital asset space with offerings in Canada and Europe.
2025-04-01 00:05:05
CZ: Millions of Meme coins have been transferred to the destruction address. Please do not send tokens to this address anymore.
Binance founder CZ stated in a post, "Some high-value tokens (six to seven digits) on the donation address have been sent to a burn address. There are already some new AI solutions that can automate this operation, but they have not yet undergone security review. The remaining part will be handled later. Please do not send tokens to this address anymore, and look forward to any interactions."
2025-04-01 00:05:02
CZ wallet destroys $3.59 million worth of Meme coins
according to Arkham monitoring, CZ's donation wallet destroyed $1.1 million worth of Broccoli (0xa14), $540,000 worth of Broccoli (0x6d5), and $1.95 million worth of Tutorial tokens.
2025-04-01 00:04:59
The Resilience of Memecoins: A Look at Their Market Cap and Future Potential
Written by Igor Zemtsov, the chief technology officer at TBCC, the "Libragate" incident caused a significant drop in memecoin prices, resulting in a nearly 60% decrease in market cap from the highs of 2025. Despite this setback, meme tokens are showing resilience, similar to a cat with multiple lives. As of March 10, memecoins still held a market cap of $47.9 billion, a substantial amount. Despite facing challenges, enthusiasts are still buying into memecoins like Unicorn Fart Dust, Fartcoin, and Buttcoin in hopes of significant profits.
2025-04-01 00:04:55
Coinbase CEO: US stablecoin legislation should allow consumers to earn interest through stablecoins
Coinbase CEO Brian Armstrong stated in a post, "US stablecoin legislation should allow consumers to earn interest on stablecoins. The government should not favor a particular industry, but should allow banks and crypto companies to share interest with consumers and incentivize them to do so. Stablecoins, through digitizing the US dollar and other fiat currencies, have found a product-market fit, but we have not yet unlocked a key piece that would allow ordinary people and the US economy to fully benefit: on-chain interest."
2025-04-01 00:04:51
Brazil Bans Closed Pension Funds from Investing in Crypto Assets
The decision to prohibit closed pension funds from investing in crypto assets was influenced by the instability of digital currencies, particularly following Bitcoin's 120% surge in 2024, reaching approximately $80,000. This ruling mainly impacts major pension funds like Previ and Petros, which cater to millions of retirees and have traditionally favored low-risk investments like government bonds due to Brazil's 10.5% Selic rate. Despite the ban on cryptocurrencies, the council is still permitting investments in other sectors such as agro-industrial funds and infrastructure debentures to support Brazil's $150 billion export industry. This move contrasts with the trend in other countries where U.S. pension funds are embracing Bitcoin ETFs, Australia allows indirect crypto exposure, while South Korea and the Netherlands remain cautious about integrating crypto into their financial systems. Despite the ban on crypto investments, Brazil's 2022 crypto law marked a significant step towards regulating the digital asset market, with 10 million Brazilians now holding digital assets and evolving real estate regulations for pension funds.
2025-04-01 00:04:46
Goldman Sachs Predicts U.S. Economic Slowdown: Impact of Tariffs on Global Trade
Goldman Sachs has adjusted its GDP growth forecast for the U.S. downward to 1.5% from 2.0%, and is now anticipating inflation to potentially increase to 3.5% instead of the previous estimate of 3.0%. Despite these concerns, the financial firm is expecting rate cuts to occur sooner than originally expected, which could offer some relief. The impact of tariffs on global trade is escalating, with Trump's recent "reciprocal tariff" week marking a significant escalation. By April 2, 20% tariffs will be imposed on imports from over 25 countries, affecting an estimated $1.5 trillion worth of goods by April 2025. Canada, China, the European Union, and Mexico are all taking retaliatory measures, adding to global economic uncertainty. Bitcoin (BTC) has concluded its worst Q1 performance since 2018, and analysts are cautioning that challenges may persist. Goldman Sachs has adjusted its outlook on the U.S. economy, now forecasting more rate cuts from the Fed and ECB.
2025-04-01 00:04:41
Lookonchain: 1.21 billion stablecoins on Tron chain were issued in the past 7 days
according to Lookonchain monitoring, in the past 7 days, the stablecoins (USDT and USDC) on the Tron chain increased by 1.21 billion, while the stablecoins (USDT and USDC) on the Arbitrum chain decreased by 438.4 million.
2025-04-01 00:04:34