Odaily Planet Daily News: Julie Kozack, spokesperson for the International Monetary Fund (IMF), stated on Thursday that the organization is continuing to evaluate the impact of President Trump's tariff plan, including his new 25% car tariff, but its baseline forecast does not foresee an economic recession in the United States. When asked about Trump's tariff plan at the IMF's regular press conference, Kozack said that if tariffs on Canadian and Mexican goods continue, they will have a "significant adverse impact" on the economic prospects of these countries, but she refused to provide specific details. She stated that the IMF is continuing to evaluate the impact of various tariff measures announced by Trump on other regions. (Golden Ten)
According to Hyperliquid's announcement, due to abnormal trading events in the JELLY market, users holding long positions in JELLY will receive compensation at a price of 0.037555 during settlement. This compensation is beneficial to all JELLY traders, except for the marked address. Event Review: A trader closed a JELLY position worth 4 million USDC at a price of 0.0095. Subsequently, JELLY's price increased by more than 4 times, triggering HLP to repurchase and liquidate the position, resulting in a loss of HLP's account value. Although the 4 million USDC position did not exceed the dynamic open interest (OI) limit, triggering the automatic limit did not prevent further opening of positions. The key issue is that after HLP took over the position, it shared collateral with other strategy components and did not trigger automatic position reduction (ADL). Hyperliquid has strengthened risk management, including: HLP Liquidity Management: Set stricter account value limits, reduce rebalancing frequency, and introduce more complex repurchase clearing logic. If the loss of the liquidator exceeds the threshold, it will trigger ADL instead of automatically using collateral from other components. OI upper limit dynamic adjustment: The upper limit of open interest will be dynamically adjusted based on market value. Asset removal mechanism: validators will remove assets below the threshold through on chain voting. Hyperliquid promises to continue optimizing the system and enhancing its risk prevention capabilities.
On March 28th, according to Bitcoin Laws, the South Carolina Bitcoin Reserve Act (H4256 Act) will allow the state Treasury Secretary to invest 10% of state funds in Bitcoin. The upper limit of Bitcoin reserves is 1 million BTC. The bill was proposed by Congressman Jordan Pace.
1. US Senate abolishes crypto tax rules 2. BlackRock reveals holdings of Bitcoin ETF 3. Trump imposes tariffs on car imports 4. SEC withdraws lawsuit against Kraken et al 5. The US stock market closed slightly lower than the Nasdaq 6. Senator criticizes former SEC chairman 7. JPMorgan predicts growth in yield stablecoins 8. The US government has transferred 97 BTC The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/450508
According to Eleanor Terrett, the US Securities and Exchange Commission (SEC) has officially concluded its investigation into (Crypto. com) and has not taken any enforcement action against the exchange. According to sources, (Crypto.com) voluntarily sued the SEC for exceeding its authority after receiving a Wells notice from the SEC in October last year. But in December 2024, after former US President Trump announced plans to appoint Paul Atkins, who supports cryptocurrency, to replace Gensler as the next SEC chairman, (Crypto. com) withdrew the lawsuit.
Pump.fun integrates a link button to MEXC DEX trading in the trading panel. Users can directly jump to DEX Plus launched by MEXC exchange for trading. On March 19th, MEXC Exchange launched the CEX and DEX hybrid product DEXPlus, which currently supports the Solana ecosystem and allows users to directly trade on chain tokens on Raydium and pump.fun on MEXC Exchange's client and website. According to the official introduction, the plan will be expanded to Binance Smart Chain (BSC) on March 26th.