AICoin Daily Report (April 14)

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1 day ago

1. White House Suggests Stockpiling Bitcoin

According to Cointelegraph, Bo Hines, the executive director of the White House Presidential Digital Assets Working Group, stated, "We need to stockpile Bitcoin as soon as possible before it becomes more expensive." -Original

2. Fed's Probability of Rate Cut in May Rises to 39.8%

According to CME's "FedWatch" data, the probability of the Federal Reserve cutting rates by 25 basis points in May is 39.8%, while the probability of maintaining the current rate is 60.2%. -Original

3. JPMorgan Warns of Turmoil in U.S. Treasury Market

Odaily Planet Daily reports that JPMorgan CEO Jamie Dimon is preparing to address the chaos in the nearly $30 trillion U.S. Treasury market, while the Federal Reserve will only act "when they start to panic a bit." The U.S. Treasury market plays a central role in global finance, setting the tone for all market factors, from mortgage rates to corporate bond yields. Jamie Dimon warned that if the financial system were to collapse again, the consequences could ripple through the entire economy. Turmoil in the U.S. Treasury market could lead to Fed intervention, potentially prompting some investors to turn to Bitcoin (BTC), which is often seen as a hedge against currency instability, as was the case in 2020 when the Fed took aggressive stimulus measures and Bitcoin prices soared. -Original

4. Binance CEO Focuses on Bitcoin Reserves

Odaily Planet Daily reports that Binance CEO Richard Teng posted on the X platform, stating that financial strategies are changing, with more companies beginning to focus on areas beyond traditional reserves, and Bitcoin and digital assets will become the focal point. As adoption increases, so does its impact. -Original

5. Michael Saylor May Disclose Bitcoin Accumulation

Odaily Planet Daily reports that Michael Saylor, founder of Strategy (formerly MicroStrategy), posted again about Bitcoin Tracker on the X platform, stating, "There are no tariffs on the orange dot." According to previous patterns, MicroStrategy always discloses information about Bitcoin accumulation the day after related news is released. -Original

6. Argentina's End of Currency Controls Affects Stablecoin Market

Odaily Planet Daily reports that starting next Monday (April 14), Argentina will officially abolish the strict currency control measures known as "cepo cambiario," which have been in place for six years, marking a significant shift in the country's economic policy. As a result, the stablecoin market has experienced significant volatility, with trading volume on local exchange Lemon surging nearly 100%, as users are more inclined to purchase stablecoins. The current high volatility and unusual trading activity in the Argentine market may lead more people to choose stablecoins. -Original

7. MANTRA Token Plummets Due to Liquidation

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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