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The core PCE price index in the United States for March is 2.6% year-on-year, a new low since June 2024, with an expectation of 2.60%, and the previous value revised from 2.80% to 3%. The core PCE price index in the United States for March has a month-on-month change of 0%, a new low since April 2020, with an expectation of 0.10%, and the previous value revised from 0.40% to 0.5%.

According to CoinDesk, Movement Labs is investigating whether it was misled into signing a market-making agreement that granted an unknown middleman control over 66 million MOVE tokens, leading to a $38 million dumping after the token's debut. Rentech appeared on both sides of the trade, once as a subsidiary of Web3Port and once as an agent for the Movement Foundation. Foundation officials initially referred to the Rentech transaction as "possibly the worst agreement" they had ever seen, which incentivized people to inflate the price of MOVE before selling the tokens to retail investors.

According to Wu, Coinglass data shows that in the last 24 hours, the total liquidation amount of ALPACA exceeded 55 million USD, surpassing both BTC and ETH, setting a historical high for the liquidation amount of this Token, with short positions liquidations reaching 45 million USD.

The inflow of Bitcoin ETF funds has significantly increased, shifting from retail investors to institutional investors. Robert Mitchnick believes that Bitcoin is a safe-haven asset, with inflows nearing historical highs. Although Bitcoin dominates other Crypto Assets ETFs, the investment logic for altcoins is different. He holds a cautious stance on SEC Chairman Paul Atkins' policies, expecting the regulatory framework to become stricter.

According to SoSoValue data, yesterday the total net inflow of Bitcoin spot ETF was $173 million, marking the 8th consecutive day of net inflow. Among them, the Blackrock ETF IBIT had the highest single-day net inflow, reaching $217 million, with a historical total net inflow of $42.388 billion. The total net asset value of Bitcoin spot ETFs is $110.171 billion, and the ETF net asset ratio is 5.85%, with a historical cumulative net inflow of $39.196 billion.

Wang said that he learned that the Beijing Municipal Science and Technology Commission, the Management Committee of Zhongguancun Science Park, and other departments issued a notice on the "Action Plan for the Development of Blockchain Innovation Applications in Beijing (2025-2027)". The plan requires that by 2027, the self-controllable blockchain technology further enhances the support capability for the national digital infrastructure base, achieving more than 10 groundbreaking results in next-generation blockchain core technologies such as blockchain-specific chips, privacy protection, cross-chain interoperability, and distributed networking, including trusted storage at the byte level, trusted interconnection of tens of thousands of chains, and trusted identity recognition of hundreds of millions.

The government of El Salvador continues to increase its holdings of bitcoin despite reaching a $1.4 billion loan agreement with the IMF to reduce bitcoin purchases. President Bukele has pledged to continue accumulating assets, and the Bitcoin project remains a government priority. In the last 7 days, El Salvador has increased its holdings of bitcoin by 8, bringing its strategic reserve to 6154.18 BTC.

According to Wu, Bloomberg ETF analyst Henry Jim reported that BlackRock has applied to establish a digital share class, DLT Shares, for its $150 billion money market fund. This class of shares is intended to be sold through BNY Mellon and plans to use blockchain technology to synchronize holder information, possibly preparing for future applications of digital money or digital cash. The preliminary prospectus has been submitted to the SEC.

Wu learned that Trump Media and Technology Group (TMTG) released a letter to shareholders ahead of the 2025 shareholders' meeting, outlining the company's current business and future plans. The letter stated that Truth Social will launch more subscription features; Truth+ will be monetized through advertising and subscriptions, and plans to introduce tokens as part of the Truth digital wallet for payment of subscription fees and future ecological services. Truth

According to Bloomberg, U.S. President Donald Trump signed an executive order to alleviate the issue of overlapping tariffs on automobiles, allowing imported cars to be exempt from separate tariffs on aluminum and steel, while providing a maximum credit equivalent to 3.75% of the vehicle's value for automakers that produce and sell vehicles in the U.S., reducing it to 2.5% next year and eliminating it the year after, to encourage domestic manufacturing. Despite some burden being alleviated, the automotive industry still faces cost pressures from the 25% tariff on imported cars.

SoFi plans to relaunch its encryption services by the end of 2025, as the new regulatory guidelines issued by the Office of the Comptroller of the Currency promise to drop the regulatory burdens on banks involved in the encryption space. SoFi has decided to re-enter the market, integrating Blockchain functionalities including crypto investments, payments, and crypto asset-based lending.

The New York prosecutor is considering dropping the charges against the co-founder of Samourai Wallet, with both parties jointly requesting a 16-day delay in the case proceedings to allow for more review time. Previously, the prosecution accused Samourai Wallet of $2 billion in illegal transactions from 2015 to 2024.

Wu learned that the Stacks Asia Foundation announced its registration as Stacks Asia DLT Foundation in the Abu Dhabi Global Market (ADGM), becoming the first regulated and recognized Bitcoin Layer 2 foundation in the region, planning to promote Bitcoin in Asia and the Middle East based on ADGM's DLT framework.