Midday Market Hotspot Report
1. Fluctuations in Trade Relations: On Wednesday afternoon, Eastern Time, Trump announced a suspension of the full implementation of new tariffs on most countries, reducing tariffs to 10% for the majority of countries within 90 days, effective immediately. However, tariffs on China will be raised to 125%. Following this news, U.S. stocks surged significantly during the session, with all three major indices closing sharply higher. The Asia-Pacific stock markets also opened strongly on April 10th. According to a report from the U.S. 'War Zone' website on April 9th, the Chief of Naval Operations announced that the U.S. military will soon conduct large-scale joint operations in the Pacific. The trade war and military actions are proceeding in tandem, and future developments need to be closely monitored.
2. Cryptocurrency Updates
- Voting Results for New Tokens: The voting event for new tokens has concluded, and $UXLINK received the highest number of votes among many participating tokens, making it highly likely to be listed; otherwise, the voting would lose its significance.
- Second Round of Token Removal Voting Begins: The process for the second round of token removal voting has started, with $GPS being listed for two consecutive periods, making it likely to be removed. Additionally, tokens like $FTT and $BSW are also on the list, with their former glory seemingly lost, leading to the lament that many projects in the crypto space, aside from Bitcoin, appear to be scams.
- New Token Listings and Airdrops: Babylon is set to be listed on Binance, with users holding $BNB between March 7th and 13th eligible for an airdrop, and it will officially launch at 6 PM on April 10th.
- Market Reaction to the SOL Chain: After the $RFC incident, the SOL chain has shown signs of recovery, and market participants are embarking on a new journey to seek potential projects (Golden Dog).
