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RichKidCrypto
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🔥 At the time
BTC
returned to the 90k mark, large funds such as Fidelity, ARK Invest, Bitwise all accumulated more BTC.
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💳 PayPal will pay 3.7% interest per year to users holding $PYUSD in their accounts, in order to encourage customers to use this stablecoin as the market is increasingly competitive.
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Elon Musk and Treasury Secretary Scott Bessent got into a heated argument at the White House after Musk overruled Bessent to convince President Trump to appoint Gary Shapley (former IRS agent and Biden whistleblower) as acting IRS commissioner. Meanwhile, Treasury Secretary Bessent, who also oversees the IRS, wanted his deputy, Michael Faulkender, to take over until Trump's nominee, Billy Long, is confirmed by the Senate. The argument escalated in the West Wing, with witnesses describing loud shouting and profanity. A White House aide even had to intervene. Musk reportedly accused Scott Bessent of being a “Soros henchman,” referring to Bessent’s ties to the Key Square Group hedge fund after working at Soros Fund Management and to a popular Jewish conspiracy theory that investor George Soros is behind left-wing political movements in the United States. Scott Bessent has criticized Elon Musk’s cost-cutting efforts as mere rhetoric with no real results. The White House acknowledged that the incident occurred but said disagreements were a normal part of the policy-making process, and insisted that all personnel served at the discretion of President Trump.
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🔡🔡🔡 Last Night and This Morning News Roundup 🟢 The White House is considering cutting tariffs on China by 50% to 65% to ease trade tensions 🟢 However, the White House also announced that there will be no unilateral tariff reductions on China. 🟢 President Trump says the US will have a fair trade deal with China 🟢 China says it is ready to resume trade talks with the US. 🟢 US Treasury Secretary Bessent said that reaching a comprehensive trade deal with China could take two to three years and that a general reduction in tariffs between the US and China would not be surprising. 🟢 Sol Strategies announces $500 million convertible loan to buy Solana $SOL. 🟢 The top 220 holders of $TRUMP tokens will be able to register to attend the “$TRUMP Dinner” with US President Donald Trump 🟢 The US state of Alabama has dropped its enforcement lawsuit against Coinbase exchange 🟢 Chairman Paul Atkins will speak at the SEC’s crypto roundtable on April 25 🟢 Russia will launch a crypto exchange for super-professional investors
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This Friday at 15:00 VN (1:00 AM CA), 76,000 BTC will expire on Deribit worth $7.11 billion. Maxpain at $85,000 Ethereum Maxpain at $1,900, contract value $805 million. $ETH
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President Trump Considers Reducing Tariffs on China to 50%-65%, WSJ Reports Despite the significant reduction in tariffs, Bitcoin's price suddenly "dropped" to $93k. Perhaps because many investors are worried that no negotiations will take place between the two sides and 50% is still quite high. According to the record, almost everyone commented that Mr. Trump was: "Weak" and the score can be considered 1-0 for the Chinese team.
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