Fitch Ratings stated that, given that tariffs are higher than expected, U.S. economic growth in 2025 may be lower than the 1.7% forecasted in March. The upward pressure on commodity prices caused by tariffs means that the Federal Reserve may become more cautious about further interest rate cuts in the near future; as U.S. tariffs increase, some sovereign countries with high levels of export value-added may face downward rating pressure.
according to Arkham monitoring data, Grayscale transferred 16,247 ETH worth $28.63 million from its Coinbase Prime Deposit address to Coinbase hot wallet address.
the team of the interoperability protocol Hyperlane shared their upcoming token airdrop plan scheduled for the end of this month on Thursday. The airdrop will start on April 22, and users can check if they are eligible to claim HYPER tokens through the portal website provided by the Hyperlane Foundation before April 13. This token distribution will mainly target the community, with 57% of the supply allocated to users, while the remaining circulating tokens will be distributed to the core team (25%), investors (10.9%), and the foundation's treasury (7.1%).
according to The Block, the Cardano Foundation has launched the digital identity platform Veridian, which uses open-source tools to verify identities and validate online communication. Along with this new product, the Veridian Wallet has also been launched, allowing users to manage their credentials, private keys, and identifiers.
according to the monitoring of ash, 64,800 ETH once on the brink of liquidation by a giant whale had already reduced its position in advance 8 hours ago, bringing the liquidation price of ETH down to $1639. It sold 4760 ETH to exchange for 8.64 million DAI for repayment.
the concept stocks of digital currency fell, with Canaan Technology (CAN.O) falling 9.3%, Riot Blockchain (RIOT.O) falling 7.23%, and Coinbase (COIN.O) falling 7.17%.
On April 3, Trump recently wrote to Salvadoran President Bukele, thanking him for his cooperation in combating illegal immigration and highly praising Salvador's use of the newly built super prison to detain members of Tren de Aragua and MS-13 gangs. Trump said that Bukele showed "true leadership" and invited him to the White House for an official visit on April 14 to discuss ways of cooperation and mutual support.
On April 3, according to BloFin Academy analysis, President Trump's comprehensive tariff policy exceeded market expectations, causing global trade network costs to soar and economic regionalization trends, accelerating the rebalancing of investment portfolios towards "de-dollarization". Dollar-linked assets (such as US stocks, altcoins) are being continuously sold off, with safe-haven funds shifting towards BTC, stablecoins, cash, RWA and other offshore assets. BTC is the preferred safe-haven asset due to its payment system properties and low correlation with the US dollar; while stablecoins and gold-linked tokens have a clear advantage in the current safe-haven environment due to their "Eurodollar 2.0" properties and bond associations.
Open networks are revolutionizing the dynamics of blockchain ecosystems. Stellar is recognized for enabling cost-effective cross-border payments, while meme-based tokens like PEPE thrive on community support and cultural relevance. Both have gained momentum in their respective niches. On the other hand, BlockDAG takes the concept of unrestricted participation to the next level by offering a testnet where individuals can freely develop, mine, or test without constraints. With a presale that raised over $210 million and a 2,380% ROI since the first batch, BlockDAG provides a scalable, high-performance alternative that emphasizes accessibility and user-driven growth.
The release of 1 billion XRP by Ripple on April 3, 2025, was delayed by two days from the usual schedule, sparking questions and speculation in the market. Ripple has been following a release program since 2017, where one billion XRP is gradually released on the first day of each month to maintain liquidity on cryptocurrency exchanges. Traditionally, around two-thirds of the released coins are placed back into escrow. However, there have been recent changes in the timing and approach of the releases, with 700 million XRP being locked back into escrow before the recent release. This alteration in the schedule has raised concerns in the crypto world about Ripple's token release strategy. The XRP community reacted strongly to the news of the release, with many expressing surprise at the size and timing of the release. The release of such a significant amount of XRP, valued at over $1 billion, has raised questions about its impact on the market and speculation about Ripple's intentions and future plans for the cryptocurrency. Ripple's monthly releases of XRP are closely monitored by the crypto community for any further changes in the company's release strategy, as these could have significant implications for XRP's price and its role in the broader cryptocurrency market.
On April 3, according to CoinGecko data, the total market value of cryptocurrencies fell below $2.75 trillion, now reported at $2.747 trillion, a 24-hour decrease of 4.6%. On the day of Trump's second term inauguration (January 20), the total market value of cryptocurrencies was $3.621 trillion, and so far the total market value of cryptocurrencies has evaporated $874 billion.