● U.S. trade deficit in goods widened to $162 billion in March
According to BlockBeats, the U.S. trade deficit in goods widened to a record $162 billion in March, estimated at $145 billion.
● US Treasury Secretary Besant: hopes to obtain long-term tariff revenue and agreements
According to Deep Tide TechFlow, on April 29, U.S. Treasury Secretary Besant stated that there is a great opportunity to see income tax cuts in the tax bill. Tariff revenue may be used for tax reductions. The U.S. will hold talks with at least 17 partners in the coming weeks, hoping to obtain long-term tariff revenue and agreements.
According to reports from Wu Shuo, the UK Treasury's official website has released a draft regulation for crypto assets, planning to include crypto exchanges, dealers, and agents under the financial services regulatory framework. The new regulations require crypto businesses to adhere to standards of transparency, consumer protection, and operational resilience. The UK will discuss cooperation to support the use and development of digital assets with the U.S. at the upcoming UK-U.S. financial regulatory working group meeting.
● BlackRock submits application for $150 billion money market fund digital shares
According to Wu Shuo, BlackRock has established a digital share class called DLT Shares for its $150 billion money market fund application. These shares will be sold through BNY Mellon, utilizing blockchain technology to synchronize the recording of holder information. A preliminary prospectus has been submitted to the U.S. Securities and Exchange Commission, potentially preparing for the future application of digital currencies or digital cash.
● U.S. real estate company Cardone Capital establishes new fund, plans to purchase over 1,000 bitcoins
According to Deep Tide TechFlow, on April 30, Cointelegraph reported that Cardone Capital has created a new fund, planning to acquire over 1,000 bitcoins.
● Nasdaq applies to list 21Shares DOGE spot ETF
According to Foresight News, documents submitted by Nasdaq to the SEC show that Nasdaq intends to list the 21Shares Dogecoin ETF under rule 5711(d), with the trust managed by 21Shares US LLC, and Coinbase Custody holding the Dogecoin assets, tracking the DOGE-U.S. dollar reference price index published by CF Benchmarks. The ETF will only allow cash creations and redemptions, with each basket unit comprising 10,000 shares, and the trust will not use leverage or derivatives, nor engage in staking or yield generation.
According to BlockBeats, Nate Geraci, president of The ETF Store, disclosed that the U.S. Securities and Exchange Commission (SEC) delayed decisions on multiple cryptocurrency ETF applications today. The products involved include: Franklin's SOL and XRP ETFs, Grayscale's HBAR ETF, Bitwise's DOGE ETF, staking proposals for Franklin and Fidelity's Ethereum ETFs, Franklin's cryptocurrency ETF, and the physical creation and redemption mechanism for Invesco Galaxy Bitcoin and Ethereum ETFs. Nate Geraci stated that he still believes these products will all be approved within this year.
According to ChainCatcher, Ethereum co-founder Vitalik Buterin stated that the Ethereum Foundation has set two core goals: to enhance Ethereum's usage and to strengthen its resilience and decentralization. Pierre Rochard, Vice President of Research at Riot Platforms, questioned whether these goals would help enhance ETH's value and considered some of them to be clichés. Rochard suggested that the Ethereum Foundation should go public on Nasdaq and execute the ETH treasury strategy through convertible bonds.
● 2025 Outlook: Can BNB Chain flagship DEX PancakeSwap lead a new wave of growth in DeFi?
As the market enters a new growth cycle in 2025, PancakeSwap once again stands at the forefront of decentralized finance (DeFi) development. Built on BNB Chain, PancakeSwap has evolved from a single liquidity mining platform during the DeFi Summer to a multi-chain project, providing liquidity solutions, AI-driven smart trading features, and gradually integrating real-world assets (RWA).
