1. Hassett: Today's GDP data shows strong performance
The Director of the National Economic Council of the White House, Hassett, stated that today's GDP data shows strong performance. -Original
2. Polymarket predicts a 58% probability of Fed rate cuts by 2026, up 9% in 24 hours
3. US Dollar Index falls, spot gold rises by $100 to report $4643.77 per ounce with an increase of 2.21%
4. Senator Scott: Bitcoin and Crypto Transparency Bill ready to advance, Trump expected to sign this summer
Senator Scott stated that the Bitcoin and Crypto Transparency Bill is ready to advance to the markup stage, with all 13 Republicans expected to vote in favor, and Trump is anticipated to sign the bill this summer. -Original
5. US March Core PCE Price Index monthly rate at 0.3%, in line with expectations and lower than the previous value of 0.40%
The US March Core PCE Price Index monthly rate is 0.3%, in line with the expected 0.30%, lower than the previous value of 0.40%. -Original
6. BlackRock transfers 725 BTC and 16,600 ETH to Coinbase worth approximately $92.8 million (around $0.93 billion)
According to Arkham data, BlackRock transferred 725.36 BTC, valued at $55.1 million, through IBIT to Coinbase Prime, and transferred 16,600 ETH, valued at $37.6 million, through ETHA. -Original
7. Musk states at OpenAI hearing that most cryptocurrencies are scams
According to Fortune magazine, Musk stated at the OpenAI hearing that “some of the cryptocurrencies make sense, but most are scams.” This statement arose from court inquiries regarding OpenAI's 2018 ICO financing plan. OpenAI claimed that Musk supported the fundraising plan through ICO, which involved the establishment of a for-profit subsidiary. Musk previously led Tesla in spending $1.5 billion to purchase Bitcoin, but Tesla sold 75% of its holdings by mid-2022. -Original
8. META's stock price drops 10%, leading to a market value evaporation of $175 billion
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