Odaily News European Central Bank executive board member Cipollone said U.S. trade measures could weigh on eurozone inflation in the short term because they weigh on global economic expansion. The short- to medium-term impact could lead to lower eurozone inflation because real interest rates in the eurozone have risen and the euro has appreciated after the U.S. announced tariffs, Cipollone said on Tuesday. Trade measures could create the same inefficiencies as in the 20th century by shifting resources from high-productivity sectors to low-productivity sectors, and this contractionary effect could lead to persistently lower global growth rates. The strengthening of the euro may be the biggest surprise for policymakers since Trump announced the tariffs. They had expected the euro to depreciate, raising import costs, and EU countermeasures could push up inflation. The eurozone has benefited from safe-haven inflows, with nominal bond yields falling as the euro appreciates, Cipollone said. He also raised the possibility that trade divergence could lead to a gradual transition from a U.S.-dominated global system to a more multipolar system, where multiple currencies compete for reserve status. (Jinshi)

Odaily News Alex Mashinsky, founder and former CEO of the defunct cryptocurrency lending platform Celsius Network, faces the possibility of spending the next 20 years in prison - if the sentencing recommendation submitted by the U.S. Department of Justice is adopted by the court. In the recommendation submitted late Monday, the Justice Department urged the court to sentence him to 20 years in prison, saying that Mashinskys crime was a deliberate and well-planned fraud that caused nearly $7 billion in customer losses and caused financial damage to thousands of people. (CoinDsek)

Odaily News The multi-chain decentralized trading aggregator 1inch has been launched on the Solana network. The project team said that this integration brings its Fusion protocol, on-chain exchange function and six developer APIs, empowering this encrypted network known for its speed. (The Block)

Odaily News Binance issued a statement regarding Alpha Points, stating that only the parent account is eligible to obtain Alpha Points, and the assets of the sub-accounts will be combined into the points of the parent account. It is not allowed to spread assets across multiple accounts to obtain more points. Therefore, sub-accounts are not eligible to obtain Alpha Points independently, and will not participate in airdrops alone.

Odaily News OKX market data shows that LAYER has risen above 3 USDT and is currently trading at 3.138 USDT, with a 24-hour increase of 15.8%.

Odaily News According to monitoring by The Data Nerd, one hour ago, market maker Cumberland withdrew 11,600 ETH (about 21 million US dollars) from Coinbase.

Odaily News According to official data, SIGN’s 24-hour increase was as high as 66.22% after it was launched on Gate.io MemeBox. MemeBox now supports popular public chains such as ETH, BNB Chain and Base. Users can use USDT in their spot accounts to directly purchase popular assets on the chain without manually switching chains, recharging or authorizing.

Odaily News Matrixport released todays chart, saying that from the daily chart on March 24, Bitcoin tried to break through the downward trend line around $85,712. A month later, despite some upward movement, Bitcoin is now facing new resistance. If Bitcoin can overcome the current resistance, it will be expected to break through the $106,000 mark. The core factors that contributed to this potential trend include: the continued strength of the US stock market, Trumps release of more relaxed tariffs, and the continued inflow of stablecoin funds, which were mentioned in yesterdays report. As ETF fund inflows pick up, Bitcoins momentum has increased, and the overall market structure trend is positive.

Odaily News According to official news, BNB Chain has completed the hard fork upgrade of BSC and OpBNB. The block time of BSC has been reduced to 1.5s, and the block time of OpBNB has been reduced to 0.5s. After this upgrade, the transaction confirmation speed has been greatly improved, decentralized applications (dApps) are more responsive, and the user experience is fully optimized.

Odaily News Hyperliquid officially announced that the new fee system and staking levels will be launched at approximately 03:00 (UTC) on May 5. The changes include: 1. Staking HYPE can reduce transaction fees; 2. Perpetual contracts and spot will use different fee standards; 3. Spot trading volume will be doubled when calculating fee levels. The test network has now opened the staking and trading account association function, allowing users to apply the staking discount of one account to another trading account. This function is expected to be officially launched shortly after the new fee system and staking levels are launched.