according to Token Terminal, the total interest paid by market borrowers on the Aave platform (Ethereum network) has exceeded $1 billion. Aave founder stani.eth commented, "DeFi will prevail."

Check out the latest crypto news stories from April 1st to 6th, which include updates on regulations, financial activities, and new partnerships within the industry. Circle, the creator of USDC stablecoin, has filed for an IPO on the NYSE with the ticker symbol CRCL, indicating the growing institutionalization of crypto firms. Coinbase CEO Brian Armstrong has called for clearer regulations to enable stablecoin holders to earn interest, potentially unlocking new financial services. Institutional investor STRATEGY has acquired 22,048 BTC, showing a rising interest in Bitcoin as a store of value. Former President Trump has introduced new tariffs that could impact international crypto markets, raising concerns about global adoption. The U.S. Treasury has revealed its Bitcoin holdings, underscoring the increasing integration of crypto assets into mainstream finance. Eric Trump and Hut 8 have launched an "American Bitcoin" mining company, aiming to enhance the U.S. Bitcoin mining sector. Fidelity has introduced a commission-free Crypto IRA, expanding the mainstream adoption of crypto assets. Binance has witnessed a decline in altcoin prices following leverage cuts, causing worries among traders and regulators.

according to Lookonchain monitoring, a whale unstaked 202,604 $SOL tokens (worth $24.3 million) 2 hours ago and deposited them into Binance to reduce losses. This whale had withdrawn 201,755 SOL tokens (worth $25 million) from Binance on March 13 at a price of $124, now facing a loss of $678,000.

according to on-chain data tracking service Whale Alert, around 8:21 PM Beijing time, 1,928 BTC (worth $159,832,873) was transferred from an unknown wallet to Kraken.

WisdomTree is expanding its institutional investment platform WisdomTree Connect from Ethereum to Arbitrum, Avalanche, Base, and Optimism. The platform currently offers 13 tokenized funds covering various investment strategies such as money markets, stock indices, and fixed income. All funds are registered with the U.S. Securities and Exchange Commission (SEC).

Federal Reserve Vice Chairman Jefferson said that it is crucial to assess the comprehensive impact of Trump's policy changes. The policy rate is now somewhat restrictive; there is no need to rush to adjust the policy rate, the current policy rate is prepared to deal with risks and uncertainties. Commodity inflation is rising, partly due to trade policies; the decline in housing service prices may help offset inflation.

the U.S. stock market fell sharply in early trading on Thursday, with the Dow Jones Industrial Average plummeting more than 1500 points and the Nasdaq falling more than 1000 points. U.S. President Trump announced additional "equal tariffs" of 10% to 49% on almost all countries, which could trigger a global trade war and severely damage the already weak U.S. economy. The number of initial jobless claims in the U.S. unexpectedly dropped last week. Trump's tariffs and the OPEC+ production increase plan have caused oil prices to plummet. The Dow fell by 1543.14 points, or 3.65%, to 40682.18 points; the Nasdaq dropped 1004.16 points, or 5.71%, to 16596.89 points; and the S&P 500 index fell by 246.47 points, or 4.35%, to 5424.50 points.

global stock markets fell sharply on Thursday as US President Trump's comprehensive tariff plan kicked off a trade war with broad implications for the global economy. Public fears of rising prices, slowing economic growth, and even the possibility of a recession caused US stock indexes to plummet, marking their worst single-day performance since at least September 2022. Clothing and retail companies led the decline, with Williams-Sonoma, Ralph Lauren, and Deckers Outdoor all falling by over 17%. Tech and tech retail stocks such as HP, Best Buy, and Garmin also fell by at least 15%. The Magnificent 7 stocks that have led the market higher in the past two years also saw widespread declines, with Apple and Amazon both falling by over 8%. Over 400 stocks in the S&P 500 index declined.

the pricing of US short-term interest rate futures shows that the Fed is expected to cut interest rates four times this year, starting from June.

Fitch Ratings stated that, given that tariffs are higher than expected, U.S. economic growth in 2025 may be lower than the 1.7% forecasted in March. The upward pressure on commodity prices caused by tariffs means that the Federal Reserve may become more cautious about further interest rate cuts in the near future; as U.S. tariffs increase, some sovereign countries with high levels of export value-added may face downward rating pressure.

according to Lookonchain monitoring, a whale spent 11.5 million USDC to buy 6488.5 ETH at a price of 1772 USD during the previous market downturn.

according to official tweets, Hyperlane has opened the airdrop query link.

according to Arkham monitoring data, Grayscale transferred 16,247 ETH worth $28.63 million from its Coinbase Prime Deposit address to Coinbase hot wallet address.

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the Russell 2000 Index fell by 4.5% and is about to enter a bear market.

the team of the interoperability protocol Hyperlane shared their upcoming token airdrop plan scheduled for the end of this month on Thursday. The airdrop will start on April 22, and users can check if they are eligible to claim HYPER tokens through the portal website provided by the Hyperlane Foundation before April 13. This token distribution will mainly target the community, with 57% of the supply allocated to users, while the remaining circulating tokens will be distributed to the core team (25%), investors (10.9%), and the foundation's treasury (7.1%).

traders have fully digested the expectation that the Federal Reserve will cut interest rates in June, previously expected in July.

according to The Block, the Cardano Foundation has launched the digital identity platform Veridian, which uses open-source tools to verify identities and validate online communication. Along with this new product, the Veridian Wallet has also been launched, allowing users to manage their credentials, private keys, and identifiers.

according to the monitoring of ash, 64,800 ETH once on the brink of liquidation by a giant whale had already reduced its position in advance 8 hours ago, bringing the liquidation price of ETH down to $1639. It sold 4760 ETH to exchange for 8.64 million DAI for repayment.

spot gold fell below $3060 per ounce, down 2.41% intraday.