1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +0.7%
ETH: +0.68%
XRP: -1.87%
SOL: -1.4%
BNB: +0.42%
DOGE: -0.03%
SUI: -2.54%
ADA: +0.61%
PEPE: +3.55%
LTC: -3.06%
24 H increase list (data source: OKX):
VINE: +37.9%
MLN: +35.78%
CXT: +22.76%
ULTI: +14.36%
NC: +9.14%
CRV: +9.18%
PENDLE: +8.1%
ALCX: +8.03%
BANANA: +7.19%
J : + 7.05%
2. Top 5 popular memes on the chain (data source: GMGN ):
RFC
COUNTRY
House
4444 (BNB Chain)
Fartcoin
3. 24-hour hot search currencies
RFC: RFC is a meme coin on Solana. It builds a reverse cultural narrative centered on looking for the mentally retarded group and deconstructs the crypto community ecosystem through self-deprecating humor. The project deeply bundles Musks interactive tweets to create a controversial subculture identity.
4444: 4444 is a meme coin on the BNB Chain. It builds a cultural symbol around the number 4, forms a technical feature narrative through the special tail number 4444 of the contract address, combines the CZ gesture and the April time node to create a resonance point between the Eastern and Western communities, and focuses on the concept of first release in the context of platform upgrade.
Headlines
Trump will announce corresponding tariff measures at 3:00 am Beijing time on April 3
U.S. Treasury Secretary Scott Bessent said Trump will announce the corresponding tariff measures at 3 p.m. on Wednesday (3 a.m. Beijing time the next day).
According to the official account of American Bitcoin (@AmericanBTC), American Bitcoin has been officially established. The official will hold a press conference at 20:30 Beijing time on April 1 (8:30 am Eastern Time), where co-founder Eric Trump and the Hut 8 leadership team will discuss the companys vision and strategy.
In addition, American Bitcoin will also host a Twitter Space event at 3:00 am Beijing time on April 2 (3:00 pm EST on April 1) to discuss more details.
Earlier news, Hut 8 Mining and Eric Trump, the second son of US President Trump, announced the establishment of American Bitcoin, aiming to set new standards for Bitcoin mining.
Musk clarified on March 30 that the US government has no plans to use Dogecoin
Musk said at the America PAC town hall meeting held in Green Bay, Wisconsin on March 30 that the US government has no plans to use the cryptocurrency Dogecoin. He pointed out that the federal Department of Government Efficiency (DOGE) has no connection with Dogecoin, saying they are just similar in name, and the government will not use Dogecoin, at least there is no such plan that I know of.
Nevertheless, the official DOGE website briefly displayed Dogecoins Shiba Inu mascot in February, sparking market speculation about the governments connection with cryptocurrencies, pushing DOGE up 14% at one point and its market value exceeding $58 billion.
Industry News
US crypto investors have until April 15 to file 2024 tax returns
Cointelegraph published an article on X stating that the tax season for US crypto investors is approaching and they must submit their 2024 tax returns before April 15, 2025.
Strategy once again acquired 22,048 BTC for approximately $1.92 billion
Between March 24 and March 30, Strategy acquired another 22,048 BTC for approximately $1.92 billion, at a price of approximately $86,969 per Bitcoin, and has achieved a return of 11.0% so far in 2025. As of March 31, 2025, Strategy holds 528,185 BTC, acquired for approximately $35.63 billion, at a price of approximately $67,458 per Bitcoin.
Feds Barkin: No signs of stagflation, no rush to cut interest rates
Thomas Barkin, president of the Richmond Federal Reserve, said on April 1 that there are no signs of stagflation similar to the 1970s, when the key feature was runaway inflation expectations. There are still concerns about inflation and employment, and there is no rush to cut interest rates in terms of policy. He pointed out that it is necessary to wait for clearer information to assess the impact of tariffs, and only when there is greater confidence in the inflation situation will interest rate cuts be considered. In addition, he also said that the pace of balance sheet reduction may be slower and last longer.
Project News
Initia has opened a foundation account Initia Foundation and launched relevant webpages. The community speculates that this move may be in preparation for TGE and airdrops.
FTX will begin using its $11.4 billion cash reserves to repay major creditors on May 30
Cointelegraph reported that FTX will begin using its $11.4 billion cash reserves to repay major creditors on May 30. Small creditors have already begun receiving payments.
Babylon Foundation: Genesis Mainnet is coming soon
The Babylon Foundation posted on the social platform that Phase-2: Babylon Genesis mainnet will be launched soon, becoming the first Bitcoin Security Network (BSN), obtaining cryptoeconomic security directly from Bitcoin through the Babylon Bitcoin staking protocol. Babylon Genesis is an independent L1 network with advanced security features. It will also serve as the control plane and liquidity center for other BSNs, enabling them to integrate with the security and liquidity of Bitcoin.
Circle launches IPO plan and is expected to submit public listing application in late April
Stablecoin giant Circle has hired an investment bank to start IPO preparations and plans to submit a public listing application to the SEC in late April. The USDC stablecoin issued by the company currently has a circulation of US$32 billion, accounting for 28% of the market share.
Investment and Financing
Ambient completes $7.2 million seed round led by a16z
Ambient has completed a $7.2 million seed round of financing, with participation from a16z, Delphi Digital and Amber Group. Ambient aims to combine artificial intelligence technology to provide fast, cheap and open intelligent services. The project uses a proof-of-work mechanism similar to Bitcoin and operates similarly to Solanas network.
Mahojin Completes $5 Million Financing, Led by a16z, CSX and Maelstrom
AI infrastructure platform Mahojin announced the completion of a $5 million financing round, led by a16z CSX and Maelstrom.
Mahojin aims to build a GitHub for AI model creators and dataset developers. Its platform can track intellectual property and pay compensation to the original contributors of models and datasets.
Character*Voice
According to 10x Research, the Bitcoin rally of the past three weeks has lost momentum. Higher-than-expected core PCE (personal consumption expenditures) data showed rising inflation - driven in part by Trumps tariff policy - which appears to be affecting consumer confidence. One-year inflation expectations jumped to 5.0%, weakening risk assets, and Bitcoin is expected to fall below $80,000 this week. Multiple risk-off factors could put pressure on the stock market and spread to the cryptocurrency market.
CZ announced on the X platform that he has transferred multiple tokens (6 or 7) in his personal wallet to the destruction address. CZ said that although there are AI tools that can automatically handle token destruction, he chose to manually handle some high-value tokens first because they have not passed the security audit, and the remaining tokens will be handled in subsequent operations.
Coinbase CEO: US stablecoin legislation should allow consumers to earn interest through stablecoins
Coinbase CEO Brian Armstrong said in a post, “U.S. stablecoin legislation should allow consumers to earn interest on stablecoins. The government should not favor a certain industry, but should allow banks and crypto companies to share interest with consumers and incentivize them to do so. Stablecoins have found product-market fit by digitizing the U.S. dollar and other legal currencies, but we have not yet unlocked a key part that allows ordinary people and the U.S. economy to fully benefit: on-chain interest.”
Quinn Thompson, founder of Lekker Capital and crypto hedge fund manager, told CoinDesk that he expects Bitcoin to fall back to the $50,000 range ($50,000-59,999) by the end of this year, a 50% correction from its previous high of over $109,000.
He pointed out that the Trump administrations policies may have a negative impact on the US economy in the next 6 to 9 months, and risky assets such as stocks and cryptocurrencies may be under pressure. He described the current policy as controlled burning, which is intended to clear risks, but there is also the possibility of evolving into a forest fire. Thompson believes that the crypto market is unlikely to perform well in the current macro environment.
BlackRock CEO Fink: Asset tokenization is the most disruptive financial innovation after ETFs
Larry Fink, CEO of BlackRock, said in his annual letter released on Monday that asset tokenization is the most disruptive financial innovation after ETFs, and is expected to reshape the democratization of global finance. He pointed out that tokenization will revolutionize the settlement system that has been in existence for a century, realize instant on-chain settlement of stocks, bonds, real estate, etc., release a large amount of liquidity frozen by settlement delays, and enable capital to achieve frictionless flow around the clock.
