Main Password: Binance launches BABYUSDT perpetual contract, main player trades $74.93 million to bet on this direction

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According to a report by Jinshi, UBS pointed out that in terms of inflation, it is expected that by the end of this year, the tariffs announced by the new government so far may increase prices for American consumers by about 2 percentage points, provided that only a portion is passed on to end consumers. Although higher inflation will pose a challenge to the Federal Reserve, we believe that a significant slowdown in economic growth and potential weakness in the labor market will mean that the Fed will cut interest rates by 75-100 basis points for the remainder of 2025

On April 6th, OKX President Hong was invited to attend the "2025 Hong Kong Web3 Carnival" summit and delivered a keynote speech titled "Learning to Lead Responsibility in Innovation" at the main forum. The speech focused on multiple dimensions such as philosophy, governance, transparency, infrastructure, knowledge, and technology, sharing how OKX Web3 leads innovation in a responsible manner. Hong stated that the achievements of OKX Web3 wallet today are based on comprehensive factors such as at least 3 to 5 years of effort, time accumulation, and technical framework. Security, interoperability, and availability are the three things we are most concerned about. Especially in terms of security, we have recently launched suspicious "black address" recognition and monitoring to identify malicious participants, and we also provide developer tools. She emphasized that OKX Web3 is not seeking to be the number one this year, ranking first in a specific market, or making money in a specific month or year. What we want is long-term participation in the industry, building a sustainable and constructive infrastructure, contributing in a positive way, and bringing value to participants.

Robert Kiyosaki, the author of "Rich Dad Poor Dad," recently posted on social media that the global economic crisis is no longer a future threat, but a real problem. He pointed out that the largest stock market crash in history has already begun, and an economic recession has arrived, which may even further evolve into an economic depression. Kiyosaki stated that the baby boomer generation (born between 1946 and 1964) is facing a time constraint. He pointed out that as this generation no longer has enough time for long-term investment, they should no longer rely on traditional investment methods such as stocks, bonds, etc. He suggested that in the face of the upcoming economic collapse, investors should turn to non Wall Street assets, especially gold, silver, and Bitcoin. In addition, with the collapse of financial markets, paper currency will rapidly depreciate, while gold, silver, and Bitcoin will become true wealth preservation tools. Kiyosaki warns that the Federal Reserve and the Treasury may take large-scale printing measures, further exacerbating the depreciation of fiat currencies, making it particularly important to shift towards these 'hard assets'.

BlockBeats News: On April 6th, Forbes recently contacted 50 top Wall Street leaders, including billionaire investors, major institutional asset management firms, and the largest wealth advisors in the United States, to understand their level of support for President Trump's economic strategy since taking office. These 50 respondents were selected due to their significant influence. Among these heavyweight figures on Wall Street - more than half of whom supported Trump's economic policies when he returned to the White House in January -72% said the Trump team's economic plan was ineffective, and 66% did not support his economic policies. More than one-third of those who supported Trump a few weeks ago no longer support his economic policies, with the majority (54%) stating that Trump has failed to implement his plans. Forbes also surveyed these Wall Street tycoons on specific aspects of Trump's economic policies, asking them to rate them on a scale of 1 to 5, with 5 being the most favorable score. Their ratings are mostly very poor. On the issue of tariffs, Trump's rating was 1.86 out of 5, with 27 respondents giving the lowest rating. In terms of the stock market, his rating is equally poor, at 1.96 points (25 respondents gave him 1 out of 5), and the executive order against the law firm is almost equally bad, at 2.10 points - a direct attack on the rule of law that the free enterprise system in the United States relies on. The ratings for cryptocurrency (2.0 points) and inflation (2.16 points) are also disappointing.