Daily News: Trump Team Weighs Broader, Higher Tariff Policies; Major Token Unlocks for SUI, W, ENA This Week

Goldman Sachs: Now Expects Fed Rate Cuts in July, September, and November According to Jin10.com, Goldman Sachs expects the Federal Reserve to cut interest rates in July, September, and November. Additionally, Goldman Sachs now forecasts this year's core Personal Consumption Expenditures (PCE) growth rate to rise to 3.5%, compared to its previous expectation of 3.0% under lower tariffs.

Wall Street Journal: Trump Team Weighing Broader and Higher Tariff Policies The Wall Street Journal reports that Trump's team is discussing implementing broader and higher tariffs before the deadline, including the possibility of imposing a comprehensive tariff of up to 20% on all trade partners.

Market News: Trump Plans to Host Salvadoran President at the White House in April According to Jin10.com, market sources indicate that U.S. President Donald Trump plans to host Salvadoran President Nayib Bukele at the White House in April.

Movement Co-Founder Responds to Coinbase Deposit: Institutional Product-Related Transactions, No Sale or Transfer In response to crypto KOL Bingwa's skepticism about Movement Labs depositing 17.15 million MOVE tokens into Coinbase, Movement co-founder Rushi clarified in the comments section that this is related to transactions for upcoming institutional products (e.g., ETP/ETF) and corresponding loans. The tokens will not be sold or transferred.

Sign: TGE-Related Information to Be Released Within 48 Hours The official Sign account posted on the X platform, stating that information regarding the Token Generation Event (TGE) will be released in approximately 48 hours and emphasized relying on official account announcements. At that time, the operations intern will also go offline. Earlier reports indicated that Sign, a blockchain infrastructure for token distribution, completed a $16 million funding round led by Yzi Labs.

PumpBTC Announces Launch of Airdrop Eligibility Query Tool According to official news from PumpBTC, a Bitcoin re-pledging protocol, the token airdrop eligibility query tool has officially launched. Users can visit the official website to check their airdrop eligibility and submit their exchange UID and address to claim tokens after the Token Generation Event (TGE). The specific airdrop allocation for each address will be announced soon. In October last year, PumpBTC completed a $10 million seed funding round led by SevenX Ventures and Mirana Ventures.

Bitcoin Mining Firm MARA Plans $2 Billion ATM Equity Offering with Barclays and Others According to TheMinerMag, Bitcoin mining company MARA is preparing to launch a $2 billion ATM equity offering. The company disclosed in a regulatory filing on Friday that the related agreement was signed on March 28 with an investment banking syndicate, including Barclays, BMO Capital Markets, BTIG, Cantor Fitzgerald, Guggenheim Securities, HC Wainwright, and Mizuho Securities.

Vitalik Buterin Proposes "L2 Security and Finalization Roadmap," Highlighting Three Core Directions for Ethereum L2 Ethereum founder Vitalik Buterin published a detailed article titled "A Simple L2 Security and Finalization Roadmap," outlining three core directions for optimizing the security and finality of Ethereum Layer 2 (L2) solutions. Vitalik mentioned that the current state of L2 security and finality is improving:

• Three rollups are already in the first phase of development.

• Pectra is about to provide more blob space for rollups, followed by Fusaka 17, which will further expand blob space.

• Additionally, the availability of high-quality ZK-EVM options has significantly reduced finality time.

The next development directions for Ethereum L2 include:

1. More Blob Space

   1. Upgrade blob space to 6 through the Pectra upgrade and expand to 72 (or phased increments to 12-24) by the end of the year with the Fusaka upgrade to meet L2 transaction throughput demands.

2. Hybrid Proof Systems

   1. Implement a 2/3 multi-signature mechanism combining Optimistic, ZK, and TEE (Trusted Execution Environment) proofs to achieve:

      • Instant finality under normal conditions.

      • Compliance with core second-phase standards.

      • Avoidance of short-term over-reliance on ZK proofs.

3. Unified ZK Proof Aggregation Layer

   1. Gradually enable ZK-EVM to generate proofs within a single slot.

   2. Develop a neutral ecosystem mechanism allowing all applications using zero-knowledge proofs to submit their proofs, which are then aggregated into a single proof by an aggregator. This could allow N applications to share a single gas fee of approximately 500,000, rather than each application paying separately.

These measures aim to achieve higher levels of rapid finality and security, reaching the critical second-phase milestone of trustlessness when proof systems (OP and ZK) function normally. This would significantly reduce round-trip times for market makers, potentially lowering them to as little as one hour, and make intent-based cross-L2 bridging fees extremely low.

SUI, W, ENA, and Others to Unlock Tokens Worth Over $300 Million This Week According to Token Unlocks, this week will see significant token unlocks for SUI, W, ENA, and others, with a total value exceeding $300 million. Details include:

• SUI: Unlocking approximately 64.19 million tokens on April 1, accounting for 2.03% of circulation, valued at around $152 million.

• W: Unlocking approximately 1.39 billion tokens on April 3, accounting for 47.4% of circulation, valued at around $117 million.

• OP: Already unlocked approximately 31.34 million tokens on March 31, accounting for 1.93% of circulation, valued at around $23.8 million.

• BIGTIME: Unlocking approximately 333 million tokens on April 3, accounting for 18.44% of circulation, valued at around $16.7 million.

• ENA: Unlocking approximately 40.63 million tokens on April 2, accounting for 0.77% of circulation, valued at around $15 million.

• ZETA: Unlocking approximately 44.26 million tokens on April 1, accounting for 6.05% of circulation, valued at around $13.2 million.

• DYDX: Unlocking approximately 8.33 million tokens on April 1, accounting for 1.09% of circulation, valued at around $5.4 million.

Elon Musk Announces xAI's All-Stock Acquisition of X, New Entity Named XAI Holdings Elon Musk announced on the X platform that xAI has acquired X through an all-stock transaction, and the merged entity will be unified under the name XAI Holdings. He disclosed that after the merger, xAI's valuation is $80 billion, while X's valuation is $33 billion (calculated as $45 billion minus $12 billion in debt).

Trump Pardons Three BitMEX Founders and Former Employee on Money Laundering Charges According to CNBC, President Donald Trump has pardoned three co-founders and a former senior employee of cryptocurrency exchange BitMEX on money laundering-related charges. The three co-founders—Arthur Hayes, Benjamin Delo, and Samuel Reed—had previously pleaded guilty to a series of federal criminal charges related to money laundering and failure to regulate the exchange. In 2022, Reed pleaded guilty to violating the Bank Secrecy Act and agreed to pay a $10 million fine. Prosecutors had accused the individuals of effectively operating BitMEX as a "money-laundering platform" and described their claims of exiting the U.S. market as "false."