$BTC 🔥🔥🔥 Market News Wednesday - 30/04

+ The market is sluggish, BTC continues to sideways, altcoins have no new developments

+ At 19:30, the US will announce the first estimate of GDP Q1/2025 (Forecast = 0.5%, previous = 2.4%)

+ At 21:00, the US will announce March PCE inflation:

PCE Y/Y (Forecast = 2.2%, previous month = 2.5%)

Core PCE Y/Y (Forecast = 2.5%, previous month = 2.8%)

📝 ETF Spot for 29/04

+ BTC positive + $173M, BlackRock continues to “support the team” - positive for the 7th consecutive session

+ ETH is positive +$18.4M, Fidelity is buying in, BlackRock has no data - positive for the 4th consecutive session

+ President Trump will sign an executive order reducing taxes by 25% on cars and parts, to support the US automotive industry during the transition period

+ Reuters: China has just lifted the 125% tariff on imported ethane from the US

+ SEC continues to postpone decisions on a series of crypto ETF applications, including SOL, XRP, DOGE, HBAR and Ethereum staking ETF proposals

+ The Trump Organization announces the Trump International Hotel and Tower project worth $1B in Dubai, accepting payments in crypto

+ Trump Media is considering issuing a utility token for the Truth Social ecosystem, to be used for payments and rewards

+ Base has reached phase 1 decentralization according to Ethereum standards, thanks to the implementation of an error verification mechanism and establishing a security council to reduce reliance on Coinbase

+ BlackRock has filed with the SEC to create digital shares (DLT Shares) for the $150 billion money fund

+ The second largest digital bank in Europe, Bunq, collaborates with Kraken to integrate direct crypto trading within the app

🪂 Airdrop

+ Airdrop from Milkyway - The Paradox of Binance IDO/Airdrop

+ Binance Wallet continues to launch IDO BSquare ($B2)