APPLE ERASES $255B IN VALUE, PACING FOR BIGGEST SINGLE-DAY WIPEOUT IN COMPANY'S HISTORY : infinityhedge

TRUMP'S TARIFFS TRIGGER SELLOFF

*S&P 500 DOWN 4.5%
*NASDAQ DOWN 5.5%
*RUSSELL 2000 DOWN 6.5%

*GOLD DOWN 0.5%
*BTC DOWN 6.5%

*APPLE DOWN 9%
*NVIDIA DOWN 7.5%
*META DOWN 7.5%
*TESLA DOWN 7.5%
*AMAZON DOWN 9%
*COINBASE DOWN 10%
*MICROSTRATEGY DOWN 9%

*VIX > 29
*USOIL DOWN 6%
*DXY DROPS BELOW 101.5
*USDJPY DROPS BELOW 145.5

*US02Y DROPS BELOW 3.7%

*RUSSELL 2000 ON TRACK TO ENTER BEAR MARKET
*DOLLAR HAS NOW SEEN WORST START TO A YEAR IN 30 YEARS

*TRADERS SEE 50% CHANCE OF 4TH CUT THIS YEAR
*TRADERS FULLY PRICE IN FED RATE CUT IN JUNE, PREVIOUSLY JULY
*US 10-YEAR YIELD FALLS BELOW 4% FOR FIRST TIME SINCE OCTOBER : infinityhedge

Notes on MEMEs - From He Yi, Binance Co-Founder

Meme is the impact of subculture on mainstream culture and is part of deconstruction. Currently, more outstanding entrepreneurs are investing in the Web3 industry. The scale of the industry is getting bigger and bigger, but confidence is also getting lower and lower. It is recommended to make money with certainty and make cyclical money. Read more — link : Wu Blockchain News

Trump’s new tariffs just sparked the biggest market selloff since 2020, shaking investor confidence and stoking fresh trade war fears. - t.me : Leviathan News

Libre Capital announces integration with Layer Zero to expand institutional-grade tokenized assets across over a 120 blockchains - Librecapital : Leviathan News

LUTNICK: NO CHANCE TRUMP WILL BACK OFF TARIFFS : infinityhedge

CANADA WILL IMPOSE 25% TARIFFS ON ALL VEHICLES IMPORTED FROM THE U.S. THAT ARE NOT COMPLIANT WITH THE USMCA TRADE DEAL - PRIME MINISTER CARNEY : infinityhedge

*LUTNICK: WE DON'T HAVE A PLAN ABOUT THE DOLLAR : infinityhedge

Jack Dorsey says his team is actively working to bring Bitcoin payment support to Square and Bitkey, noting the rollout isn’t instant and requires careful implementation, not just “flipping a switch.” - 𝕏/@Crypto_Briefing : Leviathan News

Bitcoin DeFi protocol Babylon to airdrop 600 million BABY tokens in upcoming token generation event — link | tl;dr : unfolded. DeFi

Affected by the tariff war, the Nasdaq's decline once widened to 5.8%, which may hit the biggest single-day drop since March 2020. The S&P 500 is now down 4.1%, which may hit the biggest single-day drop since September 2022. : Wu Blockchain News

Ethereum core engineers have confirmed May 7th as the planned rollout date for the Pectra upgrade, after a seamless testnet launch on Hoodi. - Coindesk : Leviathan News

JUST IN: 🇨🇦🇺🇸 Canada to impose 25% tariffs on all US vehicles that are not compliant with the USMCA trade deal. : Watcher Guru

JUST IN: 🇨🇦🇺🇸 Canadian Prime Minister Carney says the era of integration with the US economy is over. : Watcher Guru

Bitcoin

Base, Bera and Sonic attracted the most capital year-to-date — link : unfolded. DeFi

0x's DEX aggregator Matcha expands to Solana with cross-chain support and plans to help users avoid memecoin rug pulls — link | tl;dr : unfolded. DeFi

The President of Kyrgyzstan stated that the National Investment Agency under his office has signed a Memorandum of Understanding with Changpeng Zhao to cooperate on the development of the cryptocurrency and blockchain technology ecosystem. The cooperation includes infrastructural and technological support, professional consulting, and the implementation of educational initiatives. — link : Wu Blockchain News

"Governance that's just thoughts and prayers that multi-sig signers won't rug isn't real governance. Otherwise it's just sparkling rubberstamps." -- Thread by Railgun on decentralized governance - 𝕏/@RAILGUN_Project : Leviathan News

Treasure DAO announces a pivotal transition, including leadership changes, financial restructuring, and a new strategic direction - 𝕏/@Treasure_DAO : Leviathan News