Trump: “We Will Make Fair Deals, No Hurry to Announce”
US President Donald Trump gave messages on trade policies in his statements. Trump announced that they will make a trade agreement with Italy and emphasized that an agreement will be reached with China. Following his statement that “we will make fair deals”, Trump also said that “there is no rush to announce trade deals”, implying that negotiations will be conducted carefully and strategically. He said there would be “very few problems” in reaching a trade deal with Europe.
US Senator: “Market Crashes If Powell Fired”
US Senator Elizabeth Warren warned that the US market would collapse if President Trump dismissed Federal Reserve Chairman Jerome Powell. The senator said such a step would cause serious panic in the markets and could shake economic confidence. Powell continues to serve despite Trump’s intense criticism.
Arizona Crypto Reserve Bill Passed by House Committee
In Arizona, the “Strategic Digital Asset Reserve Act” (SB 1373) was approved by a House of Representatives committee. The law aims to create a state fund to manage confiscated digital assets. After a final vote, the law will be submitted to the governor for approval.
MANTRA Launches Survey for Team Token Disposal Method
MANTRA co-founder JP Mullin has launched a community poll on how to dispose of team tokens. Options include immediate destruction of all tokens, extending the annual vesting period, and transferring to a multi-signature wallet. The outcome of the community vote will determine the methodology.
Chainlink (LINK) Exceeds the Market Cap of The New York Times
Chainlink’s native token LINK has surpassed the New York Times with a market capitalization of $8.25 billion. This development demonstrated the growing influence of crypto markets compared to traditional media giants.
Bitcoin Spot ETFs Recorded $108 Million in Net Inflows
On April 17, US Bitcoin spot ETFs saw net inflows totaling $108 million. None of the twelve ETFs experienced outflows, while Ethereum spot ETFs recorded “zero change”. The total asset value of Ethereum ETFs reached $5.269 billion.
Trading Volume Drops to Zero in US Ethereum Spot ETFs
According to SoSoValue data, there were no net inflows or outflows in the nine Ethereum spot ETFs traded in the US on April 17. The zero change throughout the day signaled a cautious attitude on the investor side.
by Darkex Research – 1 min read
