ChainCatcher news, according to Coindesk, Wall Street brokerage Benchmark has rated Coinbase as "Buy," with a target price of $252. In early trading, Coinbase's stock price rose over 4%, to around $198.Analyst Mark Palmer stated that Coinbase (COIN) is the largest cryptocurrency trading platform in the industry, with a market share of about 66% in the United States. The cryptocurrency trading platform offers "a comprehensive suite of products and services designed to facilitate the adoption and use of digital assets by both retail and institutional investors." As cryptocurrency regulation in the United States becomes clearer, the trend of poor stock performance may soon come to an end. Some key digital asset legislation is expected to be enacted in the coming months, which may lead to a new wave of demand for cryptocurrencies from institutional investors.

ChainCatcher news, according to the on-chain data monitoring platform Glassnode, the analysis of Bitcoin supply dynamics indicates that the activity of first-time Bitcoin buyers in April was strong: the Relative Strength Index (RSI) remained above 50 throughout the month, reaching 100 last week and still holding at a high of 80 today. This suggests that even with rising prices, the "fear of missing out" (FOMO) sentiment in the market is still increasing, and new funds are flowing in.

ChainCatcher news, Noah Weiss, Senior Portfolio Manager at Allspring Global Investments, stated that the market's expectation of the Federal Reserve cutting rates three to four times in 2025 and five to six times by July 2026 is reasonable. "Not because this is our expectation, but because it strikes a delicate balance between two distinctly different yet very plausible scenarios."In the first scenario, inflation remains high while the economy avoids recession, which means the Fed will cut rates at a slower pace than the market currently anticipates. The other scenario involves an economic downturn and declining inflation, potentially leading to five to six rate cuts by the end of 2025 and possibly eight or more cuts by July 2026, depending on the severity of the recession.

According to ChainCatcher news reported by Decrypt, Polygon has partnered with sustainable infrastructure startup Pyse to launch a tokenized electric delivery fleet project in Dubai. The project anchors vehicle ownership and real-time data collection on the blockchain. Each electric motorcycle is equipped with Pyse's proprietary decentralized physical infrastructure mining machine (DMM), which collects urban data such as air quality, road wear, and noise pollution during daily deliveries.The project is currently operational in the UAE and plans to enter the Indian electric vehicle market. Pyse co-founder Harshit Garg stated that India's B2B electric vehicle and last-mile logistics market is fragmented and underfunded, and a blockchain-based model can help operators access more financing channels. The project combines a model supported by physical assets with decentralized data incentives, allowing participants to earn returns from both asset and data outputs.

ChainCatcher message, Arkham posted on X that Satoshi Nakamoto's Bitcoin holdings have returned to a value of over 10 billion dollars.

ChainCatcher news, Bitget will officially launch the newly upgraded "Liquidity Incentive Program" on May 1. This program aims to further enhance the liquidity and trading efficiency of spot and futures by optimizing the fee structure and incentive mechanisms.The new plan introduces a new tiered system, bringing a more competitive fee incentive structure: the highest Maker rebate in the spot market can reach -0.012%, while the highest rebate in the futures market is -0.005%; the lowest Taker fees are 0.020% (spot) and 0.025% (futures) respectively. In addition, mainstream perpetual contract trading pairs such as BTCUSDT and ETHUSDT are included in the Maker negative fee range for the first time, with approximately 130 contract currencies currently applicable to this policy, and it will continue to expand based on liquidity performance. Newly onboarded teams can submit historical trading data to apply for an initial tier upgrade, allowing them to enjoy premium rates and higher API rate limit support.According to previous news, Bitget's official data shows that the platform currently has over 1,000 institutional clients and market-making institutions. This year, it will focus on expanding institutional business, having upgraded its institutional lending services in Q2 and launched a unified account for live testing.

ChainCatcher news, according to Formula News, the Gate.io exchange system is suspected to have a malfunction, with the platform's contract positions displaying abnormalities, and the contract portion of account assets not showing asset balances.

ChainCatcher news, according to CoinGecko data, the total market capitalization of cryptocurrencies has rebounded to over 3 trillion, currently reported at $30,532 billion, with a 24H increase of 4.8%.

ChainCatcher news, according to market news, U.S. Treasury Secretary Basant will deliver a speech on the state of the financial system at 10 AM Eastern Time on April 23 (10:00 PM Beijing Time tonight).

ChainCatcher news, CoinGecko's latest data shows that the market capitalization of the US dollar stablecoin Tether (USDT) has surpassed 145 billion dollars, currently reaching 145,310,190,188 dollars, setting a new historical high, with a 24-hour trading volume of 39,626,773,182 dollars.

ChainCatcher news, CryptoQuant analyst @AxelAdlerJr posted data on social media stating that in the past three days, the BTC futures market has added a total of 57,000 BTC positions, worth $5.345 billion at the current exchange rate. This is the largest increase in liquidity in the past year.

According to ChainCatcher news, the probability of predicting "Powell being removed from the position of Federal Reserve Chairman in 2025" on Polymarket has dropped to 13%, according to official data.Previously reported, U.S. President Trump stated during the swearing-in ceremony of SEC Chairman Atkins on Tuesday local time that he has no intention of firing Federal Reserve Chairman Powell, although he expressed disappointment that the Fed has not lowered interest rates more quickly and called for the Fed to cut rates.

ChainCatcher news, according to coinglass data, the cryptocurrency Fear and Greed Index has risen to 72 today (yesterday the index was 47, "neutral state"), and the market has entered a "greed state."

ChainCatcher news indicates that, based on SoSoValue data, the crypto market has seen a broad increase due to multiple positive factors, including Trump's easing of tariff policies and a reaffirmation of plans to lower interest rates as soon as possible, with a general 24-hour increase of about 2% to 11%. Among them, Bitcoin (BTC) rose by 4.59%, nearing $94,000 at one point. Ethereum (ETH) increased by 10.94%, breaking through $1,700. Additionally, the Meme sector led with an increase of 11.20%, with Shiba Inu (SHIB), OFFICIAL TRUMP (TRUMP), Dogecoin (DOGE), and Pepe (PEPE) rising by 8.63%, 9.92%, 11.21%, and 12.06% respectively over 24 hours.Notably, MAG7.ssi rose by 6.68%, DEFI.ssi increased by 8.11%, and MEME.ssi rose by 12.16%.In other sectors, the Layer2 sector increased by 7.62% over 24 hours, with Mantle (MNT) and ex-MATIC (POL) rising by 5.80% and 8.66% respectively; the DeFi sector rose by 7.41%, with Chainlink (LINK) and Uniswap (UNI) increasing by 8.04% and 11.10% respectively; the AI sector rose by 5.47%, with KAITO and Virtuals Protocol (VIRTUAL) increasing by 12.55% and 25.36% respectively; the PayFi sector rose by 4.71%, with Telcoin (TEL) increasing by 14.25%; the Layer1 sector rose by 4.54%, with Avalanche (AVAX) and Sui (SUI) increasing by 12.06% and 23.44% respectively; the CeFi sector rose by 1.91%, with Cronos (CRO) increasing by 10.94%.Furthermore, the crypto sector indices reflecting historical market trends show that the ssiNFT, ssiMeme, and ssiGameFi indices rose by 11.53%, 11.16%, and 10.51% respectively.

ChainCatcher news reports that according to 4E monitoring, Trump made remarks on Tuesday indicating a softening of tariff policies, stating that the tariffs on China are too high and that a significant reduction in rates is expected. With optimistic expectations for China-U.S. tariff negotiations, global trade tensions eased, boosting risk sentiment and leading to a surge in U.S. stocks. The S&P 500 rose by 2.5%, the Dow Jones increased by 2.66%, and the Nasdaq climbed by 2.71%. Major tech stocks recovered from the previous day's losses, with the seven giants index rising by 2.84%.The cryptocurrency market saw a collective rise, with Bitcoin continuing its strong performance. After breaking through the $90,000 mark last night, it accelerated its rise and, following Trump's retraction of his earlier threat to fire Federal Reserve Chairman Powell, it briefly approached $94,000 this morning, reaching a new high since early March, currently reported at $93,063, with a daily increase of 5.6%. Ethereum reversed its recent downturn, surging by 14% and breaking through $1,800. The altcoin market also rose collectively, with the total cryptocurrency market capitalization increasing by 5.4%.In the forex commodities market, the U.S. dollar index rebounded significantly by 0.65%, and international crude oil rose nearly 2%; as risk appetite improved, international gold prices, which had reached new highs for several consecutive days, retraced some gains, with spot gold down 1.25%.Trump's remarks on tariff softening and his moderate stance on Powell shifted the investment atmosphere from previous concerns to optimism. Moving forward, the progress of trade negotiations and the direction of Federal Reserve monetary policy will become the focus of attention.

ChainCatcher news, Fox Business Channel's senior reporter Charles Gasparino stated, "Today the market welcomes a day of compromise: Trump seems to be easing his stance on trade policy and the future of Powell, leading stock index futures to rise; Musk also announced he will gradually step back from the Department of Efficiency and return to Tesla's core business. Despite a dismal quarterly performance, Tesla's stock price unexpectedly rose after hours following a significant drop for most of the year. That's the market for you; it always forces you to bow down and admit defeat. If you ask me: Make Caving Great Again! Perhaps this time Trump and Musk won't change their minds again and turn accepting compromise into a life motto."

ChainCatcher news, according to official sources, the U.S. Office of Public Affairs has accused Iranian national Behrouz Parsarad of being the founder and operator of the dark web market Nemesis Market. The indictment also alleges that Parsarad provided money laundering services, mixing cryptocurrencies used to pay for goods and services to conceal their origins.If convicted, Parsarad faces a mandatory sentence of at least 10 years in federal prison and up to life imprisonment.

ChainCatcher news, according to 8marketcap data, Bitcoin has surpassed the Vanguard Total Stock Market ETF, reclaiming the eighth position in the global asset market capitalization ranking.The current market capitalization of Bitcoin is $1.791 trillion, with a 7-day increase of 5.4%.