According to Arkham monitoring, the Trump family's crypto project, World Liberty Financial (WLFI), exchanged 775,000 USDC for 4.89 million SEI at an average price of $0.158 per SEI -Arkham

This week's Treasury 10Y yield's increase was the biggest weekly increase since 2001.

🚨450M USDT transferred from Tether Treasury to HTX -source

🚨1BN USDT minted by Tether Treasury -source

The Bull Case: The Chinese government will try to keep the Yuan afloat by dumping US Treasuries. Stablecoin issuers (USDT and USDC are backed by Treasuries) will keep bidding Treauries to meet increasing demand for stablecoins from capital fleeing China. Net result: Yields will remain low, massive amounts of capitals will flee into crypto fuelling the biggest alt season to date. It's no coincidence that Tether mints $1bn USDT on Tron after the biggest weekly increase in yields since 2001.

Trump going all in on crypto here

Larry Fink: Tokenization of the market, from stocks to bonds to real estate is coming, if we can solve one problem: digital verification.

Credit markets freezing on the tariff FUD. [just BTFD!]

Once in a lifetime opportunity.

U.S. Customs and Border Protection releases detailed guidelines on tariff exemptions for select products, including semiconductors, electronic devices, and AI servers. The exempted categories cover about 22% of US imports from China.

Do you agree?

White House spokesperson: Trump has made it clear America cannot rely on China to manufacturing critical technologies such as semiconductors, chips, smartphones, and laptops

White House official: Trump has stated that autos, steel, pharmaceuticals, chips, and other specific materials will be included in specific tariffs to ensure tariffs are applied fairly and effectively

Bloomberg: Trump set to greenlight deep-sea mining of critical metals from the Pacific seabed via executive order, aiming to secure rare earths and cut reliance on China, which controls ~70% of global supply. Stockpiling plans are also in play amid rising US-China tensions.

Tariff exemptions, and rejection of exemptions, are correlated with firm-level political connections. Or, in the common tongue, bribes. He isn't capitulating, he is just rewarding his donors.

🚨TRUMP SAYS EXEMPTING SEMICONDUCTORS FROM HIGHER CHINA TARIFF. EXEMPTION IS RETROACTIVE TO APRIL 5. DUTIES SINCE APRIL 5 ON EXCLUDED CHIPS WILL BE REIMBURSED

He called it.

🚨The US is considering using the country's gold reserves to purchase Bitcoin, according to statements from White House officials

YTD Performance by Asset Class (Jan 1 – Apr 12)

Japan doesn’t plan to use US Treasuries as tariff talk leverage -Bloomberg