Highlights for April 23:
1. Trump has made it clear that he has no intention of firing Powell. Previously, multiple threats had exacerbated market panic, but after last night's confirmation of backing down, market sentiment has improved significantly, with both the stock and cryptocurrency markets soaring.
2. Federal Reserve - Kashkari: Tariffs will lead to uncontrolled inflation expectations, and no longer having a trade deficit means that the U.S. is no longer the best place for investment. U.S. federal funds futures have fallen, with the December contract down 9 points, indicating that the Fed is expected to cut interest rates by 80 basis points before the end of the year.
PS: Kashkari sees clearly; without a trade deficit, the U.S. is indeed no longer the best investment place. The best investment in the future will be Bitcoin.
3. Check the trading volume of the Binande wallet alpha; you can get some airdrop later. Last night, $hyper surged and went directly to Binance spot.
4. On-chain activity remains high. Recently, trolls like $troll and #poseidon have seen significant increases, but the subsequent positions have already been poured in, and the on-chain PvP speed is now faster.
5. Lighter_xyz is a perpetual DEX, comparable to $hype. Interested students can research it; if you have an invitation code, you can trade to increase the volume. This is a project invested in by a16z, which is quite good.
6. Bitcoin spot ETFs have fully shifted to an inflow mode, with a net inflow of $253.8 million for FBTC and $267.1 million for ARKB yesterday. You can see from the market that the premium on Coinbase at night indicates that ETFs are buying in large quantities.
7. The son of the U.S. Secretary of Commerce is leading a $3 billion cryptocurrency investment plan. This cycle has completely changed, and families behind these identities are rushing into the crypto industry. Their entry will continue to drive up Bitcoin prices and further encourage more global institutions to buy.
8. Arch Labs @ArchNtwrk has completed a $13 million Series A financing, with a valuation of $200 million. This round of financing was led by Pantera Capital. The funds will be used to accelerate the development and launch of the ArchVM virtual machine to implement smart contract functionality on Bitcoin.
9. There is a general rebound in altcoins on CEX. So far, MEME and AI remain the focus, with significant increases in these two sectors. In this cycle, meme and AI are still the mainstream narrative.
10. OKX will delist spot trading for $KISHU, $MAX, $MILO, $MXC, and $SSWP.
