Trump: “He Who Owns the Gold Makes the Rules”
US President Trump expressed his thoughts on the negotiations on social media. “He who has the gold makes the rules,” he said, emphasizing the importance of economic superiority in the negotiations. He also criticized business representatives who criticized the tariffs, stating that he is the biggest defender of American capitalism. Following this announcement, the spot gold price increased by 0.65%, exceeding the level of 3,350 dollars/ounce and approaching an all-time high.
Bitcoin Tracker Sharing by Michael Saylor
Michael Saylor, founder of MicroStrategy, once again shared Bitcoin Tracker on the X platform. “The number of orange dots is not enough,” he said, signaling that Bitcoin purchases can continue. Traditionally, MicroStrategy announces Bitcoin investments a day after the public announcement.
Metaplanet Purchases Another 330 BTC
Japan-based Metaplanet announced that it made 330 BTC of new purchases, bringing its total Bitcoin holdings to 4,855 BTC. The company spent about 4.02 billion yen for new purchases at an average of $85,605. Metaplanet’s BTC return has reached 119.3% since the beginning of the year.
French Finance Minister: Powell’s Dismissal Weakens the Dollar
French Finance Minister Eric Lombard said that the dismissal of Fed Chairman Powell by Trump would threaten the global credibility of the US dollar. Lombard stated that such a step could lead to an increase in debt repayments and economic instability, which would force the US to renegotiate.
Strategic Bitcoin Reserve Proposal by Senator Lummis
US Senator Cynthia Lummis stated that a “strategic Bitcoin reserve” should be established to reduce the national debt. BTC assets to be held for 20 years could help halve the debt. This proposal could contribute to the US vision of increasing its digital asset reserves.
Ethereum Foundation Announces New Priorities
Tomasz Stańczak, co-director of the Ethereum Foundation, announced that the foundation will shift its research and development focus to L1 expansion, L2 support and user experience improvement. Vitalik Buterin is stepping down from active coordination duties to a research-oriented position. Research areas will prioritize privacy, RISC-V and zkVM.
Weekly Net Inflows of $15.85 Million in Bitcoin Spot ETFs
During the week of April 14-17, Bitcoin spot ETFs saw net inflows totaling $15.85 million. BlackRock’s IBIT fund led the way with inflows of $186 million, while Fidelity FBTC and ARKB saw outflows of $123 million and $99.83 million, respectively. Total net asset value reached $94.51 billion.
Ethereum Spot ETFs Net Outflows for the Eighth Consecutive Week
Ethereum spot ETFs saw net outflows totaling $32.17 million in the week of April 14-17. The largest outflow was from Grayscale ETHE with $18.77 million. The total asset value of ETFs fell to $5.27 billion, while the historical cumulative net inflow fell to $2.24 billion.
