U.S. core PCE price index (YoY) for March came in at 2.6%, the lowest since June 2024, matching expectations. The previous value was revised up from 2.8% to 3.0%.The core PCE price index (MoM) recorded 0%, the lowest since April 2020, below the expected 0.1%. The previous reading was revised up from 0.4% to 0.5%.
U.S. ADP employment increased by 62,000 in April, the smallest gain since July 2024, significantly below expectations. The forecast was 115,000, while the previous figure stood at 155,000.
U.S. Q1 real GDP (annualized QoQ, preliminary) came in at -0.3%, well below the expected 0.3% and down from the previous 2.4%.
U.S. ADP employment increased by 62,000 in April, the smallest gain since July 2024, significantly below expectations. The forecast was 115,000, while the previous figure stood at 155,000.
Matt Hougan, Chief Investment Officer at Bitwise, stated that the four major U.S. wirehouses — Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS — are expected to fully open access to spot Bitcoin ETFs by the end of 2025. These institutions collectively manage over $10 trillion in client assets. Hougan expects net inflows into spot Bitcoin ETFs to potentially reach a record high this year.
Binance will launch PUNDIXUSDT and CTKUSDT perpetual contracts with up to 75x leverage; both tokens are already listed on the spot market. Additionally, Binance will introduce AIOTUSDT, DOLOUSDT, and HAEDALUSDT perpetual contracts with up to 50x leverage — none of these three tokens are currently available on the spot market. https://t.co/ZLk9HZdoG2
According to Coinglass, in the past 24 hours, the total liquidation volume of ALPACA network exceeded 55 million US dollars, exceeding BTC and ETH, setting a new record for the liquidation volume of the token, of which the short liquidation reached 45 million US dollars.
Binance has announced the launch of AIOTUSDT, DOLOUSDT, and HAEDALUSDT perpetual contracts with up to 50x leverage. AIOT, DOLO, and HAEDAL are not listed on Binance Spot. https://www.binance.com/en/support/announcement/detail/a92157dc9064414f82142dbda7c47701
Vitalik Buterin has outlined his key focus areas for 2025, centered on two main themes: first, advancing Ethereum’s core infrastructure, with emphasis on its long-term roadmap, security, decentralization, and privacy; second, promoting decentralized ecosystems from a broader perspective, accelerating development in areas such as communication, governance, and foundational infrastructure.
Arthur Hayes delivered a speech at Token2049, predicting that Bitcoin's price will reach $1 million by 2028. He believes the U.S. will need to increase dollar liquidity through measures similar to quantitative easing, which could drive up cryptocurrency prices.
Tokenization firm Libre plans to launch the Telegram Bond Fund (TBF) on the TON network, tokenizing $500 million of Telegram debt. TBF will offer accredited investors access to institutional-grade yield products from approximately $2.4 billion in outstanding Telegram bonds, which can also serve as collateral for on-chain borrowing and product development on TON.
Binance Alpha 2.0 hit a record high on April 29 with $206M in trading volume and 840K transactions. Top three by volume: KMNO, POPCAT, FARTCOIN. Recent volume growth likely tied to increasing Alpha points requirements for airdrops and TGE events. H/T: @pandajackson42
Ledger hardware wallet users have received fraudulent letters posing as official correspondence, claiming an "urgent security update" and asking users to scan a QR code and provide their 24-word private recovery phrase to steal control of their wallets. Ledger officially responded, stating that the letters are a scam and emphasizing that the company will never request recovery phrases via phone, messages, or other means.
Cboe Futures Exchange (CFE) has officially launched the Cboe FTSE Bitcoin Index Futures (XBTF), based on the FTSE Bitcoin Reduced Value Index (representing 1/10th of the FTSE Bitcoin Index). XBTF futures are cash-settled contracts, meaning positions are closed in cash at expiration, removing the complexities of physically delivering bitcoin.
The U.S. District Court in Texas ruled that the sanctions imposed by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on the cryptocurrency mixing service Tornado Cash were illegal, and permanently prohibited OFAC from imposing sanctions again. OFAC removed Tornado Cash from the sanctions list in March this year.
El Salvador's Economy Minister Maria Luisa Hayem confirmed that despite being asked to reduce Bitcoin purchases due to a $1.4 billion loan agreement with the IMF, the Salvadoran government is still buying Bitcoin and the Bitcoin project remains a government priority.
Russia's anti-money laundering agency Rosfinmonitoring plans to promote the criminalization of illegal cryptocurrency mining, and has received support from the Ministry of Finance, the Central Bank, and the Citizens' Chamber of Commerce. Currently, Russia bans mining in 9 regions during the winter.
According to Scroll co-founder Ye Zhang,Scroll is now the first zk-Rollup to achieve Stage 1. The Euclid upgrade introduced key improvements: 1) No arbitrary upgrades, allowing users time to exit before system changes; 2) No censorship risk, enabling direct Layer 1 transaction submission; 3) No liveness worries—if the sequencer or prover fails, the network opens to all, maintaining operation. As known,the L2 Rollup framework divides rollups into three stages: Stage 0 (operator-run, open-source state reconstruction), Stage 1 (smart contract-governed, full proof system, security council), and Stage 2 (fully decentralized, permissionless proofs, minimal council role).
According to Bloomberg ETF analyst Henry Jim, BlackRock has filed to create a digital share class, DLT Shares, for its $150 billion money market fund. The shares will use blockchain technology to mirror ownership records, potentially in preparation for future digital currency or digital cash applications. A preliminary prospectus has been filed with the U.S. Securities and Exchange Commission.
TMTG has released a shareholder letter ahead of its 2025 annual meeting, outlining its business roadmap. Truth Social will add new subscription features, Truth+ will monetize through ads and premium content, and a utility token will be introduced via the Truth digital wallet for use across the ecosystem. Truth Fi will focus on serving U.S. investors and exploring strategic acquisitions.
According to Bloomberg, President Donald Trump has signed an executive order to ease overlapping auto tariffs. The order exempts imported vehicles from separate aluminum and steel duties and offers automakers producing and selling vehicles in the U.S. an offset worth up to 3.75% of the vehicle’s value—reduced to 2.5% next year and phased out the year after—to encourage domestic manufacturing.