Overview of important events on the evening of April 3rd

1. Michael Saylor: Bitcoin has no tariffs;

2. Russia may allow confiscated BTC to be converted into national fiscal revenue;

3. JPMorgan Chase: The "digital gold" narrative of Bitcoin is under pressure;

4. Morgan Stanley: It is currently expected that the Federal Reserve will not cut interest rates by 2025;

5. First Digital denies allegations of misappropriation of funds, claiming to act only on Techteryx's instructions;

6. Babylon announces BABY token economics: total volume of 10 billion, with community incentives accounting for 15%;

7. Ministry of Finance: China will continue to implement a more proactive fiscal policy and moderately loose monetary policy.