Today's News Highlights
1. Trump stated on social media: "As U.S. tariffs begin to impact the economy (slowing down!), it would be much better for the Federal Reserve to lower interest rates. Do the right thing. April 2 is Liberation Day in the U.S. 11 (Friday)
2. Slow Mist Technology's Chief Information Security Officer 23pds posted on platform X, warning cryptocurrency users about a Trojan disguised as a TradingView cracked version.
3. According to an official announcement, Binance is inviting users to vote on the first batch of listed projects through the official post on Binance Square. The first batch of voting for listed projects only includes BNB smart chain tokens from Binance Alpha. (Binance)
4. U.S. President Trump will give a speech at the New York Digital Assets Summit DAS this Thursday, marking the first time a sitting president has spoken at a cryptocurrency industry conference. (Blockworks)
5. Federal Reserve dot plot: Most officials expect a cumulative rate cut of 50 basis points by 2025, with four officials supporting no rate cuts this year. (Gold+)
6. The Federal Reserve significantly lowered its growth forecast for 2025 while raising its inflation forecast. (Tonghuashun Finance)
7. Ripple CEO Brad Garlinghouse announced that after more than four years of litigation, the SEC will drop its appeal against Ripple, marking the end of this four-year legal battle. (X)
News Analysis
Trump calls for the Federal Reserve to cut rates and hints that April 2 has significant importance, while the latest dot plot from the Federal Reserve shows that most officials expect only a 50 basis point cut by 2025, along with lowered growth expectations and increased inflation expectations, putting pressure on market rate cut expectations. In the cryptocurrency market, Trump will speak at the DAS summit, showing his attention to the industry; the Ripple and SEC lawsuit has come to an end, bringing good news for XRP. Meanwhile, Binance has launched a new round of voting for listed projects, and Slow Mist Technology warns of the Trojan risk disguised as a TradingView cracked version, reminding users to enhance security awareness.
