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الحمد لله دائما وأبدا
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Elon Musk launched an attack on American President Donald Trump, stating "Without me, Trump would lose the 2024 U.S. elections," according to American media. Musk confirmed in response to Trump, "The spending bill was not presented to me and was approved very quickly at night, to the extent that no one in Congress read it." Reuters reported that a White House official said Trump was cautious in responding to Musk out of respect for the existing relationship, but we will continue to assess its feasibility. The agency added, "It is clear that Elon Musk has sided with a certain position by attacking the spending bill." American President Donald Trump said that Elon Musk is angry due to the cancellation of a mandate for electric vehicles, asserting, "I don’t know if I will maintain a good relationship with Musk." For his part, Elon Musk said, "Trump's statements regarding my review of the spending bill are a 'false claim.'" Elon Musk, the American billionaire who resigned from his position in Donald Trump's government days ago, called on Americans to take action and communicate with their representatives in both the House and Senate in Congress to overturn the tax and spending bill supported by the American president, which he refers to as the 'big and beautiful' project.
Elon Musk launched an attack on American President Donald Trump, stating "Without me, Trump would lose the 2024 U.S. elections," according to American media.

Musk confirmed in response to Trump, "The spending bill was not presented to me and was approved very quickly at night, to the extent that no one in Congress read it."

Reuters reported that a White House official said Trump was cautious in responding to Musk out of respect for the existing relationship, but we will continue to assess its feasibility.

The agency added, "It is clear that Elon Musk has sided with a certain position by attacking the spending bill."

American President Donald Trump said that Elon Musk is angry due to the cancellation of a mandate for electric vehicles, asserting, "I don’t know if I will maintain a good relationship with Musk."

For his part, Elon Musk said, "Trump's statements regarding my review of the spending bill are a 'false claim.'"

Elon Musk, the American billionaire who resigned from his position in Donald Trump's government days ago, called on Americans to take action and communicate with their representatives in both the House and Senate in Congress to overturn the tax and spending bill supported by the American president, which he refers to as the 'big and beautiful' project.
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$BTC انخفض البيتكوين يوم الجمعة، مواصلاً تراجعاته الأخيرة مع استمرار اتجاه جني الأرباح في أسواق العملات المشفرة وسط عدم وجود مؤشرات على تباطؤ هذا الاتجاه في ظل حالة عدم اليقين المتزايدة بشأن التجارة والاقتصاد الأمريكي. سجلت العملات الميمية المرتبطة بالرئيس دونالد ترامب والملياردير إيلون ماسك خسائر كبيرة وسط خلاف متصاعد وعلني بين الاثنين. وتصدرت عملة $TRUMP ودوجكوين هذا الاتجاه. انخفضت أكبر عملة مشفرة في العالم بنسبة 1.6% إلى 102,965.7 دولار بحلول الساعة 08:58 بتوقيت السعودية، بعد أن تراجعت في وقت سابق إلى 101,127.6 دولار. كما انخفضت أسواق العملات المشفرة الأوسع بشكل كبير بالتزامن مع البيتكوين. تأثرت شهية المخاطرة بموجة بيع في وول ستريت، والتي نتجت جزئياً عن الخلاف بين ترامب وماسك. كما ظل المتداولون في حالة ترقب قبل صدور بيانات الوظائف غير الزراعية المهمة المقررة في وقت لاحق من اليوم، والتي من المتوقع أن تظهر استمرار تباطؤ سوق العمل الأمريكي.
$BTC انخفض البيتكوين يوم الجمعة، مواصلاً تراجعاته الأخيرة مع استمرار اتجاه جني الأرباح في أسواق العملات المشفرة وسط عدم وجود مؤشرات على تباطؤ هذا الاتجاه في ظل حالة عدم اليقين المتزايدة بشأن التجارة والاقتصاد الأمريكي.

سجلت العملات الميمية المرتبطة بالرئيس دونالد ترامب والملياردير إيلون ماسك خسائر كبيرة وسط خلاف متصاعد وعلني بين الاثنين. وتصدرت عملة $TRUMP ودوجكوين هذا الاتجاه.

انخفضت أكبر عملة مشفرة في العالم بنسبة 1.6% إلى 102,965.7 دولار بحلول الساعة 08:58 بتوقيت السعودية، بعد أن تراجعت في وقت سابق إلى 101,127.6 دولار. كما انخفضت أسواق العملات المشفرة الأوسع بشكل كبير بالتزامن مع البيتكوين.

تأثرت شهية المخاطرة بموجة بيع في وول ستريت، والتي نتجت جزئياً عن الخلاف بين ترامب وماسك.

كما ظل المتداولون في حالة ترقب قبل صدور بيانات الوظائف غير الزراعية المهمة المقررة في وقت لاحق من اليوم، والتي من المتوقع أن تظهر استمرار تباطؤ سوق العمل الأمريكي.
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Recently, news has spread suggesting that the price of XRP may rise to $4,800 and surpass the price of Ethereum (Ethereum-ETH), but skeptics see this as something not far-fetched. This potential rise could diminish the significance of the current price levels of Bitcoin (Bitcoin-BTC). However, Ripple has contributed to this possibility when its CEO Brad Garlinghouse hinted at the likelihood of an initial public offering (IPO) for the company's shares, with speculation that this could happen by the end of this year. The transformation of Ripple into a public company could increase the popularity of the company and its currency XRP worldwide, which could lead to the significant price movements that the surgeon has predicted.
Recently, news has spread suggesting that the price of XRP may rise to $4,800 and surpass the price of Ethereum (Ethereum-ETH), but skeptics see this as something not far-fetched. This potential rise could diminish the significance of the current price levels of Bitcoin (Bitcoin-BTC).

However, Ripple has contributed to this possibility when its CEO Brad Garlinghouse hinted at the likelihood of an initial public offering (IPO) for the company's shares, with speculation that this could happen by the end of this year. The transformation of Ripple into a public company could increase the popularity of the company and its currency XRP worldwide, which could lead to the significant price movements that the surgeon has predicted.
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Ripple is currently operating under the Trump administration, which many see as the most supportive of cryptocurrencies in U.S. history. The SEC has also indicated a shift towards enacting regulatory laws that support innovation. Given these circumstances and the company's strong business model, many wonder why the price of XRP has not risen significantly. In this regard, the surgeon pointed out that the answer lies in what is happening behind the scenes, referring to the agreement among large financial institutions on the long-term value of this currency before the majority of small investors notice it; the surgeon compared this situation to discussions that precede an initial public offering (IPO) when major players agree on the stock price long before it is launched in the market.
Ripple is currently operating under the Trump administration, which many see as the most supportive of cryptocurrencies in U.S. history. The SEC has also indicated a shift towards enacting regulatory laws that support innovation. Given these circumstances and the company's strong business model, many wonder why the price of XRP has not risen significantly.

In this regard, the surgeon pointed out that the answer lies in what is happening behind the scenes, referring to the agreement among large financial institutions on the long-term value of this currency before the majority of small investors notice it; the surgeon compared this situation to discussions that precede an initial public offering (IPO) when major players agree on the stock price long before it is launched in the market.
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Recently, news has emerged suggesting a rise in the price of XRP to 4,80094507655894 and surpassing the price of Ethereum (Ethereum-ETH), but skeptics see it as something not out of reach, as this potential rise could diminish the importance of the current price levels of Bitcoin (Bitcoin-BTC). However, Ripple has contributed to this possibility when its CEO Brad Garlinghouse hinted at the potential for an Initial Public Offering (IPO) of the company’s shares, with speculation about it happening by the end of this year. The transformation of Ripple into a public joint-stock company could increase the popularity of the company and its currency XRP worldwide, which could lead to the significant price movements that Garlinghouse predicted.
Recently, news has emerged suggesting a rise in the price of XRP to 4,80094507655894 and surpassing the price of Ethereum (Ethereum-ETH), but skeptics see it as something not out of reach, as this potential rise could diminish the importance of the current price levels of Bitcoin (Bitcoin-BTC).

However, Ripple has contributed to this possibility when its CEO Brad Garlinghouse hinted at the potential for an Initial Public Offering (IPO) of the company’s shares, with speculation about it happening by the end of this year. The transformation of Ripple into a public joint-stock company could increase the popularity of the company and its currency XRP worldwide, which could lead to the significant price movements that Garlinghouse predicted.
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#TariffsPause According to analysts at Capital Economics, Chinese consumers can theoretically absorb the shock of a collapse in exports to the United States, but only with much greater government support than policymakers currently seem willing to provide. The firm noted that "retail sales in China are more than ten times the country's exports to the United States," indicating that a modest increase of just 4% in domestic goods consumption over two years would be necessary to offset a potential hit of 2 trillion renminbi from U.S. tariffs. However, "this would require policymakers to increase financial transfers to households far beyond what they have announced so far." Retail sales rose by 5.9% year-on-year in March, the highest level in 14 months, but Capital Economics warned that the gains were "largely" due to a consumer goods replacement plan. The firm stated: "While it can have a significant impact on consumption composition, it only increases households' purchasing power by the amount of the subsidies themselves," adding that this year's 300 billion renminbi replacement incentives represent only 0.2% of GDP. The company noted that real income growth fell in the first quarter, and without larger financial transfers, it sees little chance for recovery.
#TariffsPause According to analysts at Capital Economics, Chinese consumers can theoretically absorb the shock of a collapse in exports to the United States, but only with much greater government support than policymakers currently seem willing to provide.

The firm noted that "retail sales in China are more than ten times the country's exports to the United States," indicating that a modest increase of just 4% in domestic goods consumption over two years would be necessary to offset a potential hit of 2 trillion renminbi from U.S. tariffs.

However, "this would require policymakers to increase financial transfers to households far beyond what they have announced so far."

Retail sales rose by 5.9% year-on-year in March, the highest level in 14 months, but Capital Economics warned that the gains were "largely" due to a consumer goods replacement plan.

The firm stated: "While it can have a significant impact on consumption composition, it only increases households' purchasing power by the amount of the subsidies themselves," adding that this year's 300 billion renminbi replacement incentives represent only 0.2% of GDP.

The company noted that real income growth fell in the first quarter, and without larger financial transfers, it sees little chance for recovery.
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Data analysis published by expert Carmelo Aliman on the "CryptoQuant" platform revealed that the number of active addresses on the Ethereum network increased by nearly 10% from April 20 to April 22, rising from about 306,000 to over 336,000 addresses. This rise is seen as a sign of renewed interest from users and investors, especially in light of supportive price movements. After a period of fluctuation within a narrow range, ETH managed to surpass the resistance level of $1,650, driven by strong buying momentum that led to breaking the technical barrier and rising above $1,790, marking an exit from the stagnation that prevailed since mid-month. Conversely, the Moving Average Convergence Divergence (MACD) indicator shows initial signs of a trend shift to the upside, while the Stochastic RSI indicator approaches its peak, which may indicate the possibility of a temporary pullback unless buying momentum is renewed. Despite this activity, transaction fees on the Ethereum network remain at low levels, with an average of only $0.31, according to YCharts data, reflecting the continued weak demand for actual on-chain usage, despite improved investor sentiment.
Data analysis published by expert Carmelo Aliman on the "CryptoQuant" platform revealed that the number of active addresses on the Ethereum network increased by nearly 10% from April 20 to April 22, rising from about 306,000 to over 336,000 addresses. This rise is seen as a sign of renewed interest from users and investors, especially in light of supportive price movements.

After a period of fluctuation within a narrow range, ETH managed to surpass the resistance level of $1,650, driven by strong buying momentum that led to breaking the technical barrier and rising above $1,790, marking an exit from the stagnation that prevailed since mid-month.

Conversely, the Moving Average Convergence Divergence (MACD) indicator shows initial signs of a trend shift to the upside, while the Stochastic RSI indicator approaches its peak, which may indicate the possibility of a temporary pullback unless buying momentum is renewed.

Despite this activity, transaction fees on the Ethereum network remain at low levels, with an average of only $0.31, according to YCharts data, reflecting the continued weak demand for actual on-chain usage, despite improved investor sentiment.
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#EthereumFuture After a period of fluctuations within a narrow range, ETH successfully surpassed the resistance level of $1,650, driven by strong buying momentum that led to breaking the technical barrier and rising above $1,790, marking an exit from the stagnation that has prevailed since mid this month. In contrast, the Moving Average Convergence Divergence (MACD) indicator shows initial signs of a trend reversal to the upside, while the Stochastic RSI indicator is approaching its peak, which may indicate the possibility of a temporary pullback unless the buying momentum renews. Despite this activity, transaction fees on the Ethereum network remain at low levels, averaging only $0.31, according to YCharts data, reflecting the continued weakness in actual demand for on-chain usage, despite the improvement in investment sentiment.
#EthereumFuture After a period of fluctuations within a narrow range, ETH successfully surpassed the resistance level of $1,650, driven by strong buying momentum that led to breaking the technical barrier and rising above $1,790, marking an exit from the stagnation that has prevailed since mid this month.

In contrast, the Moving Average Convergence Divergence (MACD) indicator shows initial signs of a trend reversal to the upside, while the Stochastic RSI indicator is approaching its peak, which may indicate the possibility of a temporary pullback unless the buying momentum renews.

Despite this activity, transaction fees on the Ethereum network remain at low levels, averaging only $0.31, according to YCharts data, reflecting the continued weakness in actual demand for on-chain usage, despite the improvement in investment sentiment.
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In a notable development indicating a potential shift in market direction, the Ethereum (ETH) cryptocurrency has seen a significant increase in activity on its network, coinciding with its breakout above a technical resistance level that had limited its gains over the past two weeks, reinforcing expectations of a new bullish wave. Analytical data published by the expert on the 'CryptoQuant' platform, Carmelo Aleman, revealed that the number of active addresses on the Ethereum network rose by nearly 10% during the period from April 20 to April 22, climbing from about 306,000 to over 336,000 addresses. This increase is viewed as a sign of renewed interest from users and investors, especially amid supportive price movements. After a period of volatility within a narrow range, ETH successfully surpassed the resistance level of $1,650, driven by strong buying momentum that broke the technical barrier and rose above $1,790, marking an exit from the stagnation that had prevailed since mid-month.
In a notable development indicating a potential shift in market direction, the Ethereum (ETH) cryptocurrency has seen a significant increase in activity on its network, coinciding with its breakout above a technical resistance level that had limited its gains over the past two weeks, reinforcing expectations of a new bullish wave.

Analytical data published by the expert on the 'CryptoQuant' platform, Carmelo Aleman, revealed that the number of active addresses on the Ethereum network rose by nearly 10% during the period from April 20 to April 22, climbing from about 306,000 to over 336,000 addresses. This increase is viewed as a sign of renewed interest from users and investors, especially amid supportive price movements.

After a period of volatility within a narrow range, ETH successfully surpassed the resistance level of $1,650, driven by strong buying momentum that broke the technical barrier and rose above $1,790, marking an exit from the stagnation that had prevailed since mid-month.
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Bitcoin's price jumped to over $90,000 on Tuesday, for the first time since March, driven by a strong rally in the cryptocurrency market that raised the total market capitalization of the sector to over $2.8 trillion. This surge coincided with a collective rise in crypto company stocks, with Coinbase (COIN) jumping by about 7%, Bitcoin mining company MARA rising by nearly 10%, while MSTR increased by 8%. In contrast, Halliburton's (NYSE:HAL) shares fell after disappointing results in the first quarter of 2025, which included a 6.7% decline in revenue and a sharp drop in operating income of 56%, along with warnings of business challenges that could affect earnings in the next quarter.
Bitcoin's price jumped to over $90,000 on Tuesday, for the first time since March, driven by a strong rally in the cryptocurrency market that raised the total market capitalization of the sector to over $2.8 trillion.

This surge coincided with a collective rise in crypto company stocks, with Coinbase (COIN) jumping by about 7%, Bitcoin mining company MARA rising by nearly 10%, while MSTR increased by 8%.

In contrast, Halliburton's (NYSE:HAL) shares fell after disappointing results in the first quarter of 2025, which included a 6.7% decline in revenue and a sharp drop in operating income of 56%, along with warnings of business challenges that could affect earnings in the next quarter.
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The price of Bitcoin has risen at the end of the American session to exceed the important psychological level of 90,000, and Bitcoin is now trading at $91,199.2, up by +4.69% in the last 24 hours. The market capitalization is now $1.81 trillion according to Investing data, and Bitcoin remains the most dominant with a market share of 63.5%, followed by Ethereum with a market share of 7.1%. It is noted that based on today's closing price, Bitcoin has risen by +8.51% in the last seven days, and the most popular altcoin, Ethereum, has also risen by +5.49% in the last seven days. Prices of the most popular cryptocurrencies Solana: Current price: $144.575, Movement: +5.41% Binance Coin: Current price: $607.89, Movement: +1.91% Ripple: Current price: $2.1566, Movement: +3.47% Dogecoin: Current price: $0.172712, Movement: +8.81% Shiba Inu: Current price: $0.00001330, Movement: +7.52% Cardano: Current price: $0.6544, Movement: +5.42%
The price of Bitcoin has risen at the end of the American session to exceed the important psychological level of 90,000, and Bitcoin is now trading at $91,199.2, up by +4.69% in the last 24 hours. The market capitalization is now $1.81 trillion according to Investing data, and Bitcoin remains the most dominant with a market share of 63.5%, followed by Ethereum with a market share of 7.1%. It is noted that based on today's closing price, Bitcoin has risen by +8.51% in the last seven days, and the most popular altcoin, Ethereum, has also risen by +5.49% in the last seven days.

Prices of the most popular cryptocurrencies
Solana: Current price: $144.575, Movement: +5.41%

Binance Coin: Current price: $607.89, Movement: +1.91%

Ripple: Current price: $2.1566, Movement: +3.47%

Dogecoin: Current price: $0.172712, Movement: +8.81%

Shiba Inu: Current price: $0.00001330, Movement: +7.52%

Cardano: Current price: $0.6544, Movement: +5.42%
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Fraud in the world of digital currencies caused massive losses amounting to about $6 billion in the first quarter of 2025, an increase of up to 6,500% compared to the same period last year, when losses were recorded at only $90 million. According to the DappRadar report, 92% of these losses are related to the 'Mantra Platform' incident, which is considered one of the largest frauds in recent years. Despite these staggering losses, the frequency of fraud incidents saw a decrease of 66%, with only seven incidents reported in 2025 compared to 21 incidents in the same period last year. The report also indicates that irregular activity on some platforms, such as the number of transactions dropping to zero on certain days, raises concerns about potential data manipulation, suggesting the possibility of some platforms manipulating their activity to appear more active than they actually are.
Fraud in the world of digital currencies caused massive losses amounting to about $6 billion in the first quarter of 2025, an increase of up to 6,500% compared to the same period last year, when losses were recorded at only $90 million.

According to the DappRadar report, 92% of these losses are related to the 'Mantra Platform' incident, which is considered one of the largest frauds in recent years. Despite these staggering losses, the frequency of fraud incidents saw a decrease of 66%, with only seven incidents reported in 2025 compared to 21 incidents in the same period last year.

The report also indicates that irregular activity on some platforms, such as the number of transactions dropping to zero on certain days, raises concerns about potential data manipulation, suggesting the possibility of some platforms manipulating their activity to appear more active than they actually are.
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Fraud in the world of cryptocurrencies caused massive losses amounting to nearly 6 billion dollars in the first quarter of 2025, an increase of up to 6,500% compared to the same period last year, when losses were only recorded at 90 million dollars. According to a report by DappRadar, 92% of these losses are related to the 'Mantra Platform' incident, which is considered one of the largest frauds in recent years. Despite these staggering losses, the recurrence of fraud incidents witnessed a decrease of 66%, with only seven incidents reported in 2025 compared to 21 incidents in the same period last year. The report also indicates that irregular activity on some platforms, such as the number of transactions dropping to zero on certain days, raises concerns about potential data manipulation, suggesting the possibility of manipulation of the activity of some platforms to make them appear more active than they actually are.
Fraud in the world of cryptocurrencies caused massive losses amounting to nearly 6 billion dollars in the first quarter of 2025, an increase of up to 6,500% compared to the same period last year, when losses were only recorded at 90 million dollars.

According to a report by DappRadar, 92% of these losses are related to the 'Mantra Platform' incident, which is considered one of the largest frauds in recent years. Despite these staggering losses, the recurrence of fraud incidents witnessed a decrease of 66%, with only seven incidents reported in 2025 compared to 21 incidents in the same period last year.

The report also indicates that irregular activity on some platforms, such as the number of transactions dropping to zero on certain days, raises concerns about potential data manipulation, suggesting the possibility of manipulation of the activity of some platforms to make them appear more active than they actually are.
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The markets experienced a decline on Wednesday following hawkish remarks from Powell, who criticized the tariff policy pursued by Trump, warning that it could lead to an economic slowdown and rising prices, a phenomenon known economically as 'stagflation'. Powell clarified in his speech that his primary focus is currently on prices, indicating a shift towards a more hawkish monetary policy than previously expected. Trump, who nominated Powell to head the Federal Reserve during his first term (then renewed by President Biden for a second four-year term), has expressed his displeasure with Powell since returning to the White House. However, Powell, who will remain in his position until May 2026, has repeatedly confirmed his intention to complete his term, indicating that the president does not have a legal basis to dismiss him. The Wall Street Journal reported on Thursday that Trump has been secretly discussing for months the possibility of firing Powell, according to informed sources. The report added that former Federal Reserve governor Kevin Warsh is considered a leading candidate to succeed Powell, although Warsh has urged Trump not to take that step.
The markets experienced a decline on Wednesday following hawkish remarks from Powell, who criticized the tariff policy pursued by Trump, warning that it could lead to an economic slowdown and rising prices, a phenomenon known economically as 'stagflation'. Powell clarified in his speech that his primary focus is currently on prices, indicating a shift towards a more hawkish monetary policy than previously expected.

Trump, who nominated Powell to head the Federal Reserve during his first term (then renewed by President Biden for a second four-year term), has expressed his displeasure with Powell since returning to the White House. However, Powell, who will remain in his position until May 2026, has repeatedly confirmed his intention to complete his term, indicating that the president does not have a legal basis to dismiss him.

The Wall Street Journal reported on Thursday that Trump has been secretly discussing for months the possibility of firing Powell, according to informed sources. The report added that former Federal Reserve governor Kevin Warsh is considered a leading candidate to succeed Powell, although Warsh has urged Trump not to take that step.
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$ETH . Although Ethereum is a very secure and widely used blockchain, the report warns that Solana and BNB Smart Chain are gaining ground in decentralized exchange (DEX) volumes and fees due to faster speeds and lower costs. Scalability improvements and ease of use Binance attributes this trend to the current limitations faced by Ethereum, including high fees, slow transaction speeds, a fragmented developer ecosystem, and low liquidity. The emergence of layer two (L2) networks has also partially contributed to the decline in the acquisition value of its core layer, further weakening the network's overall position.
$ETH .

Although Ethereum is a very secure and widely used blockchain, the report warns that Solana and BNB Smart Chain are gaining ground in decentralized exchange (DEX) volumes and fees due to faster speeds and lower costs. Scalability improvements and ease of use

Binance attributes this trend to the current limitations faced by Ethereum, including high fees, slow transaction speeds, a fragmented developer ecosystem, and low liquidity. The emergence of layer two (L2) networks has also partially contributed to the decline in the acquisition value of its core layer, further weakening the network's overall position.
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Federal Reserve Chairman Jerome Powell is once again in the crosshairs of President Donald Trump, who is publicly threatening to fire him unless the central bank cuts interest rates. A new wave of criticism, directed via Truth Social and reinforced in statements to reporters, raises fresh concerns about the independence of the U.S. Federal Reserve and the potential consequences for markets and monetary policy. Trump's frustration with Powell stems from the central bank's reluctance to lower interest rates to offset the economic pressure caused by the tariff policies championed by the president himself. While Powell's term does not end until next year, Trump's statements have reignited the debate over whether the president can legally fire the Federal Reserve Chairman mid-term—and what such a move would mean for the credibility of U.S. monetary policy. "It would be extremely damaging to the credibility of the United States," said Tom Bruce, a macro investment strategist at Tangelood for comprehensive wealth management.
Federal Reserve Chairman Jerome Powell is once again in the crosshairs of President Donald Trump, who is publicly threatening to fire him unless the central bank cuts interest rates.

A new wave of criticism, directed via Truth Social and reinforced in statements to reporters, raises fresh concerns about the independence of the U.S. Federal Reserve and the potential consequences for markets and monetary policy. Trump's frustration with Powell stems from the central bank's reluctance to lower interest rates to offset the economic pressure caused by the tariff policies championed by the president himself.

While Powell's term does not end until next year, Trump's statements have reignited the debate over whether the president can legally fire the Federal Reserve Chairman mid-term—and what such a move would mean for the credibility of U.S. monetary policy.

"It would be extremely damaging to the credibility of the United States," said Tom Bruce, a macro investment strategist at Tangelood for comprehensive wealth management.
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Canada is preparing to launch the world's first spot exchange-traded funds (ETFs) for Solana this week, surpassing the United States in the race for alternative currency funds. The Ontario Securities Commission has granted approval to several issuers, including Purpose, Evolve, CI, and 3iQ, to trade these funds. Bloomberg analyst Eric Balchunas initially reported this development. The ETFs will provide direct spot exposure to Solana, the sixth largest cryptocurrency by market capitalization, which is currently valued at $68.2 billion, according to CoinGecko. Solana is also the blockchain supporting many meme coins, such as the Trump MAGA coin. One of the approved issuers, Purpose Investments, announced the anticipated launch of the Purpose Solana ETF on the Toronto Stock Exchange on April 16. In addition to providing direct spot exposure to Solana, the product is designed to offer attractive staking yields. These funds will also participate in staking, a first of its kind in the industry. Staking is the process of allocating cryptocurrency assets to support the security and operations of the blockchain network, for which participants receive rewards.
Canada is preparing to launch the world's first spot exchange-traded funds (ETFs) for Solana this week, surpassing the United States in the race for alternative currency funds. The Ontario Securities Commission has granted approval to several issuers, including Purpose, Evolve, CI, and 3iQ, to trade these funds. Bloomberg analyst Eric Balchunas initially reported this development.

The ETFs will provide direct spot exposure to Solana, the sixth largest cryptocurrency by market capitalization, which is currently valued at $68.2 billion, according to CoinGecko. Solana is also the blockchain supporting many meme coins, such as the Trump MAGA coin.

One of the approved issuers, Purpose Investments, announced the anticipated launch of the Purpose Solana ETF on the Toronto Stock Exchange on April 16. In addition to providing direct spot exposure to Solana, the product is designed to offer attractive staking yields.

These funds will also participate in staking, a first of its kind in the industry. Staking is the process of allocating cryptocurrency assets to support the security and operations of the blockchain network, for which participants receive rewards.
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Bitcoin (BTC) and Ethereum (ETH) have maintained their stability over the past twenty-four hours, with concerns regarding tariffs gradually easing among traders, despite rising recession risks in the United States according to betting markets. Augustin Van, Head of Analytics at SignalPlus, stated: "Prominent financial figures have begun to warn that the United States is heading towards an imminent recession, with the odds of it occurring in 2025 ranging between 40% to 60% in betting markets." He added: "Our view is that it may not matter much, as sentiment often shapes reality, not the other way around." Van noted that "cryptocurrencies have benefited from the recent turmoil, as stocks experienced greater volatility than Bitcoin amid risk-off movements. Additionally, the neighbor-harming policy through tariffs has pushed spot gold to all-time highs, while Bitcoin has regained some of the 'store of value' narrative it lost some time ago."
Bitcoin (BTC) and Ethereum (ETH) have maintained their stability over the past twenty-four hours, with concerns regarding tariffs gradually easing among traders, despite rising recession risks in the United States according to betting markets.

Augustin Van, Head of Analytics at SignalPlus, stated: "Prominent financial figures have begun to warn that the United States is heading towards an imminent recession, with the odds of it occurring in 2025 ranging between 40% to 60% in betting markets." He added: "Our view is that it may not matter much, as sentiment often shapes reality, not the other way around."

Van noted that "cryptocurrencies have benefited from the recent turmoil, as stocks experienced greater volatility than Bitcoin amid risk-off movements. Additionally, the neighbor-harming policy through tariffs has pushed spot gold to all-time highs, while Bitcoin has regained some of the 'store of value' narrative it lost some time ago."
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Bitcoin rose by more than 1% on Tuesday after tepid moves the previous day as U.S. President Donald Trump indicated further easing of tariffs with the possibility of suspending tariffs on cars. The largest cryptocurrency in the world rose by 1.1% to $85,478.1 by 09:23 AM Saudi time. Trump hints at suspension of car tariffs; continued U.S.-China tensions President Donald Trump indicated on Monday possible exemptions from the 25% tariffs on foreign car imports, providing relief to key trading partners like Mexico and Canada. The statements, which come amid increasing global trade uncertainty, signaled a more selective approach to imposing tariffs and gave markets some reasons for optimism. The administration had already rolled back some planned tariffs, including exemptions for a range of electronics such as smartphones and laptops, most of which are imported from China. Despite the apparent easing in tone, investors remain cautious. The Trump administration has been exploring the possibility of imposing new tariffs on semiconductor and pharmaceutical imports, two sectors deeply integrated into global supply chains.
Bitcoin rose by more than 1% on Tuesday after tepid moves the previous day as U.S. President Donald Trump indicated further easing of tariffs with the possibility of suspending tariffs on cars.

The largest cryptocurrency in the world rose by 1.1% to $85,478.1 by 09:23 AM Saudi time.

Trump hints at suspension of car tariffs; continued U.S.-China tensions
President Donald Trump indicated on Monday possible exemptions from the 25% tariffs on foreign car imports, providing relief to key trading partners like Mexico and Canada.

The statements, which come amid increasing global trade uncertainty, signaled a more selective approach to imposing tariffs and gave markets some reasons for optimism.

The administration had already rolled back some planned tariffs, including exemptions for a range of electronics such as smartphones and laptops, most of which are imported from China.

Despite the apparent easing in tone, investors remain cautious. The Trump administration has been exploring the possibility of imposing new tariffs on semiconductor and pharmaceutical imports, two sectors deeply integrated into global supply chains.
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The cryptocurrency lending market has experienced a sharp decline of 43% since its peak in 2021, dropping from $64.4 billion to $36.5 billion by the end of the fourth quarter of 2024, according to a report by Galaxy Digital. This decline is attributed to the bankruptcy of several prominent centralized finance (CeFi) platforms such as Genesis, Celsius, and BlockFi, due to falling cryptocurrency prices, which led to a significant decrease in the supply and demand for crypto loans. In contrast, decentralized finance (DeFi) recorded a strong recovery, with the open borrowing volume rising from $1.8 billion in late 2022 to $19.1 billion by the end of 2024, an increase of 959%. This is due to the continued operation of DeFi platforms thanks to their decentralized nature, at a time when many CeFi platforms ceased operations. The report noted that the lending market structure is undergoing a fundamental shift, with a shrinking role of centralized institutions in favor of decentralized platforms, which continue to expand and grow despite market volatility.
The cryptocurrency lending market has experienced a sharp decline of 43% since its peak in 2021, dropping from $64.4 billion to $36.5 billion by the end of the fourth quarter of 2024, according to a report by Galaxy Digital.

This decline is attributed to the bankruptcy of several prominent centralized finance (CeFi) platforms such as Genesis, Celsius, and BlockFi, due to falling cryptocurrency prices, which led to a significant decrease in the supply and demand for crypto loans.

In contrast, decentralized finance (DeFi) recorded a strong recovery, with the open borrowing volume rising from $1.8 billion in late 2022 to $19.1 billion by the end of 2024, an increase of 959%. This is due to the continued operation of DeFi platforms thanks to their decentralized nature, at a time when many CeFi platforms ceased operations.

The report noted that the lending market structure is undergoing a fundamental shift, with a shrinking role of centralized institutions in favor of decentralized platforms, which continue to expand and grow despite market volatility.
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