Larry Fink, CEO of BlackRock, stated on another turbulent day in the market, "We may now be in a recession."

Jin10 reported on April 8 that on April 7 local time, U.S. President Trump jointly met with visiting Israeli Prime Minister Netanyahu to address the press at the White House. When discussing trade relations with Japan, President Trump once again pressured Japan, stating to the media that Japan needs to open its market.

Jin10 data reported on April 8th that, according to foreign media, officials from the Trump administration are discussing the pros and cons of establishing a new tax credit policy for exporters, a move that implicitly acknowledges the damage that the White House's tariff policy may cause to American businesses.

Jin10 data reported on April 8, as of the 2:30 closing, the Shanghai gold market maker contract closed down 0.50%, reported at 713 yuan/gram, the Shanghai silver market maker contract closed up 0.07%, reported at 7668 yuan/k, and the SC crude oil market maker contract closed down 6.41%, reported at 477 yuan/barrel.

Gate news bot message, Reuters reports that the European Commission announced a new tariff measure on April 7, planning to impose a 25% retaliatory tariff on a range of American products. The measure will be implemented in two phases: the first batch of product tariffs will take effect on May 16, and the remaining product tariffs will be effective from December 1. Notably, the bourbon whiskey originally included in the tariff list has been removed. This tariff measure is in response to U.S. President Trump's previous tariffs on steel and aluminum products.

$AERGO

BlockBeats news, on April 8, the Nasdaq and S&P 500 indices in the US stock market have risen again, while the Dow is currently down 0.56%.

According to a statement issued by the Iranian presidential office on the 7th, Iranian President Ebrahim Raisi stated on the 6th that Iran seeks to negotiate regarding its nuclear program, but "will not do so at any cost."

Jin10 data reported on April 8th, local time on the evening of the 7th, that the Israel Defense Forces issued a statement saying that a drone coming from the country toward the east was intercepted by the Israeli military before entering Israeli territory, thus not triggering the air defense alarm. Israeli media cited relevant information stating that the Yemeni Houthi armed group claimed responsibility for the drone attack.

Jin10 reported on April 8 that China Merchants Port, China Merchants Shekou, and China Merchants Jinling simultaneously announced that based on their confidence in the company's future sustainable development and recognition of the company's value, they will accelerate the implementation of share buybacks to protect the interests of a broad base of investors, enhance investors' confidence in the company, and stabilize and improve the company's value.

Two whales bought a large amount of ETH when the market fell, with 0x5fAD having lost $19.36 million since February, while 0x96F4 bought 22,000 ETH in 6 days and is currently down $3.6 million.

According to the Gate.io News bot, on-chain data shows that during today's market fall, two large accounts purchased a total of 15,191 Ether, worth approximately 23.94 million dollars. Specifically, the account with the address 0x5fAD purchased 24,299 Ether at a price of $2,343 on February 11, 2024, for a total value of $57 million. Currently, the account shows a paper loss of $19.36 million. Another account with the address 0x96F4 purchased 22,000 Ether at a price of $1,709 over the past 6 days, totaling a value of $37.6 million. Currently, this account is facing a paper loss of $3.6 million.

BlockBeats news, on April 8, BlackRock CEO Larry Fink stated in an interview with Bloomberg that we will see "more signs of economic slowdown" in the coming months. Several executives he spoke with indicated that "we are likely already in a recession." Larry Fink also expressed concern that if "all proposed tariffs are ultimately implemented," it will further contribute to rising inflation.

According to BlockBeats news, on April 8, Thomas Uhm, former head of cryptocurrency at Jane Street, joined the Jito Foundation as Chief Commercial Officer (CCO).

According to the Gate.io News bot, data monitored by The Data Nerd shows that a Whale Address has accumulated 13,075 ETH in purchases over the past month, with an average trading price of $1,780, resulting in a total investment of $23.27 million. Data further shows that the Whale Address has staked all of its 24,300 ETH on the Lido platform, and no sale transactions have occurred to date. Source: Wu Says

According to ChainCatcher news and monitoring by Lookonchain, in the past 7 days, the on-chain stablecoins (USDT and USDC) on the Tron chain increased by 396 million coins, while the stablecoins (USDT and USDC) on the Berachain chain decreased by 269.56 million coins.

BlockBeats news, on April 7, according to Lookonchain monitoring, in the past 7 days, the on-chain stablecoins on Tron (USDT and USDC) increased by 396 million coins, while the stablecoins on Berachain (USDT and USDC) decreased by 269.56 million coins.

PANews, April 7th news, according to Lookonchain monitoring, in the past 7 days, the stablecoins (USDT&USDC) on Tron increased by 396 million USD, while the stablecoins (USDT&USDC) on Berachain decreased by 269.56 million USD.

Odaily News According to The Data Nerd monitoring, although some whales/KOLs have a negative attitude towards ETH, whale 0x5fA has accumulated 13,075 ETH in the past month, worth $23.27 million, with an average price of $1,780.

Jin10 reported on April 7th that the newly elected Parliament of the Greenland autonomous government in Denmark held its first meeting, and the new Prime Minister Jens-Frederik Nielsen received formal approval from the Parliament. Subsequently, the new government members were approved in the Parliament with a result of 22 votes in favor and 8 abstentions.

According to the Gate.io News bot, as reported by Wu Shuo, Trump issued a statement clearly stating that if China does not withdraw the tariff measures by April 8, 2025, the United States will impose an additional 50% tariff on Chinese goods starting April 9. Furthermore, the United States will terminate all talks with China and begin trade negotiations with other countries.

BlockBeats news, on April 7, The Federal Reserve Board of Governors member Cooke stated that the new tariff policy will have "significant impacts"; some signs of price rises have already started to appear. (Jin10)

$GRASS

According to the Gate.io News bot, reported by Wu, U.S. President Trump stated via social media that current U.S. oil prices, Intrerest Rate, and food prices are all in a downward trend, and there is no inflation problem in the U.S. Trump also urged the Federal Reserve (FED) to take action to lower interest rates as soon as possible. In addition, Trump mentioned that the U.S. is earning billions of dollars each week from relevant countries through the implemented tariff policies.

BlockBeats news, on April 7, Trump reiterated his stance on the "tariff" policy on social media, stating that the United States has the opportunity to do what should have been done decades ago. Don't be weak! Don't be foolish! Don't become "Panican" (a new party based on weakness and foolishness) - be strong, brave, and patient, and greatness will be the result.

According to ChainCatcher news and Jin10 reports, Trump's rapid reaction team responded to the market rumors of a "90-day tariff suspension". Hassett stated that he did not say anything related to the news, and the rumors are fake news.

Jin10 Data April 7th news, according to CNBC, the US stock market was hit hard for the third consecutive day on Monday as Trump imposed shockingly high tariffs on most major trading partners, leading to a market crash, but the White House remained indifferent. Shortly after the market opened, there was a brief rebound, and the Dow Jones Industrial Average entered a rising range. Speculation about some form of tariff suspension circulated in trading halls and on social media, which may have been one of the reasons for the stock market's temporary turn to rise. The White House told CNBC that any claims about a 90-day suspension of tariffs are "fake news."

Odaily News According to market news: American business groups and lawyers plan to launch a legal challenge against Trump's tariffs, arguing that he does not have the legal authority to impose tariffs, with the legal challenge regarding tariffs possibly being filed as early as Friday.

Odaily News According to CNBC: The White House is unaware of the news regarding the 90-day tariff suspension. (Jin10)

Odaily News Gate.io will launch ALE staking Mining from April 8th 14:00 to April 18th 14:00 (UTC+8). By staking ETH and ALE to participate in Launchpool, users can share a free airdrop of 92,594 ALE. Among them, the expected annualized return for the ETH Mining Pool is 18.25%, and the expected annualized return for the ALE Mining Pool is 412.34%. Early staking is now open.

PANews April 7 news, according to Jin10 citing ABC news, the legal challenge regarding tariffs may be raised as early as Friday.