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An SEC official has stated that they received death threats over regulatory positions, highlighting the crypto community's opposition to regulators. Meanwhile, Bitcoin ETF inflows have reversed the market downturn, and the Ethereum ecosystem is facing challenges, with the Layer 2 sybil attack exacerbating the mainnet's predicament.
Ethereum’s transaction fee revenue has dramatically decreased, primarily due to a drop in Layer 2 activity and the NFT market slowdown. ETH’s price also follows a sharp downward trend, falling 58.8% from its all-time high.
Share link:In this post: Frank Founder Charlie Javice could receive a 30-year prison sentence for fraud. JPMorgan Chase claims Javice and Amar fabricated data to get them to close the deal. Javice’s legal team believes the bank was more interested in her expertise than Frank’s user data.
- 12:38Former US Treasury Secretary Summers: Tariff policy may trigger a serious financial crisis in the United StatesPANews reported on April 9th, according to Jinshi, former US Treasury Secretary Summers wrote on social media: "The developments in the past 24 hours suggest that we may be heading towards a serious financial crisis triggered entirely by US government tariff policies. Given the government debt and deficit and dependence on foreign buyers, this could trigger various vicious cycles. The only way to mitigate these risks is for President Trump to abandon his current path. This is the first round of financial turmoil caused by the US government."
- 12:33Greeks.live: Most traders expect Bitcoin to continue to fall to $69,000-70,000Odaily Planet Daily reports that Greeks.live has released a community brief, pointing out that the community mainly holds a bearish stance, with most traders expecting Bitcoin to continue falling to between $69,000 and $70,000. However, some members believe it has already hit or is close to hitting bottom. Market participants are closely watching the escalating tariffs and their impact on global markets. As technical trends have not yet broken through, the community consensus expects Bitcoin prices will continue to fall. Most people think its target price will be around $69,000-$70,000. Some members are actively selling call options at levels of $80,000-$84,000 in order to take advantage of current volatility and downward trend.
- 12:32Data: ETH falls below 1450 USDAccording to Bitget market data, ETH has fallen below $1,450, currently reported at $1,448.15, a 24-hour drop of 8.23%. The market fluctuation is large, please manage your risk well.