1. U.S. Job Growth Exceeds Expectations in March

The U.S. released its non-farm payroll data for March, showing an increase of 228,000 jobs, surpassing the expected 135,000; the unemployment rate recorded at 4.2%, higher than the expected 4.1%. -Original

2. Probability of Fed Rate Cut in May Rises to 43.3%

According to CME's "FedWatch" data, the probability of the Federal Reserve cutting rates by 25 basis points in May is 43.3%, up from 39.9% before the non-farm data was released, while the probability of keeping rates unchanged is 56.7%. The probability of the Fed maintaining rates until June is 0, with a cumulative probability of a 25 basis point cut at 52.1%, a 50 basis point cut at 44.3%, and a 75 basis point cut at 3.5%. -Original

3. Trump Calls for Fed to Cut Rates Quickly

Trump urged Federal Reserve Chairman Powell to cut rates quickly, stating that now is the best time for a rate cut, and believes Powell "always acts too slowly," urging him to "stop political manipulation." -Original

4. SEC Clarifies Most Stablecoins Are Not Securities

The U.S. Securities and Exchange Commission stated that regulated dollar stablecoins (mainly USDT and USDC) are not securities, and those involved in "minting" and redeeming these stablecoins do not need to register transactions with the commission. The SEC noted that regulated stablecoins "maintain a stable value relative to the dollar" and are backed by reserves, as done by the two major stablecoin issuers, Tether and Circle. -Original

5. Powell Says Progress on Inflation Target Has Slowed

Federal Reserve Chairman Powell spoke on the economic outlook, stating that recently, progress towards the 2% inflation target has slowed. Over the 12 months ending in February, the PCE price index rose by 2.5%. Excluding the more volatile food and energy categories, core PCE prices increased by 2.8%. Looking ahead, higher tariffs will play a role in our economy and may raise inflation in the coming quarters. From most indicators, long-term inflation expectations (inflation expectations for the coming years) remain well anchored and consistent with the 2% inflation target. We remain committed to sustainably restoring the inflation rate to the 2% target. -Original

6. Bakkt Faces Class Action Lawsuit from Investors

U.S. crypto custody and trading platform Bakkt has been hit with a class action lawsuit from investors, accusing it of making false or misleading statements without adequately disclosing its heavy reliance on key clients like Webull for revenue. The lawsuit, led by investor Guy Serge A. Franklin, was filed on April 2 in the Southern District of New York, seeking a jury trial. Plaintiffs claim that Webull contributed 74% of Bakkt's crypto services revenue from 2023 to 2024, while Bank of America accounted for 17% of its loyalty services revenue in the first three quarters of 2024. The termination of the partnership with these two companies would lead to a 73% drop in overall company revenue. Defendants also include former CEO Gavin Michael, current CEO Andrew Main, and interim CFO Karen Alexander. Investors believe Bakkt failed to timely disclose the risks of contract termination with key clients, violating U.S. securities laws and resulting in significant losses. -Original

7. Total Value Locked in DeFi Falls Below $95 Billion

8. U.S. Stock Market Opens with Nasdaq Down Over 493 Points

The above are the highlights from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。