Overview of Important Overnight Developments on April 9

1. The US has raised tariffs on China to 104%;

2. Circle has issued an additional 250 million USDC on the Solana network;

3. a16z seeks to raise $20 billion for its largest fund;

4. CBOE submits Form 19b-4 for Canary's SUI ETF application;

5. US Trade Representative: Many countries have stated they will not take retaliatory measures;

6. SEC Democratic Commissioner opposes non-security classification of stablecoins, potentially hindering legislative process;

7. US Department of Justice: Developers of tools like mixers or wallets are not responsible for users' criminal activities.