Trump: Inflation Virtually Nonexistent, Calls for Interest Rate Cut
US President Donald Trump said that inflation is “almost non-existent” in the current economic conditions and called on Fed Chairman Jerome Powell to lower interest rates. Trump said that economic growth could suffer if interest rates do not fall.
Paul Atkins to Be Sworn in as SEC Chairman Today
Paul Atkins is expected to be officially sworn in as chairman of the U.S. Securities and Exchange Commission (SEC) later today (Tuesday) morning, FOX’s Charles Gasparino reports.
MANTRA Plans to Destroy 300 Million OM Tokens
The MANTRA team announced that it plans to burn a total of 300 million OM tokens, 150 million of which are from team allocation, in order to rebuild trust. It was reported that these staked tokens will be sent to the burning address on April 29, 2025.
Aave Launches RLUSD Support on Ethereum
DeFi platform Aave has integrated Ripple’s stablecoin RLUSD into the Aave V3 marketplace on the Ethereum mainnet. A $50 million offering and a $5 million lending limit have been set for RLUSD.
Alameda Research Sends Another 9 Million USDT to Binance
According to Onchain Lens data, Alameda Research has transferred a total of $18.5 million USDT to Binance and Coinbase in the last four days. In the latest transaction, 9 million USDT was transferred to Binance via Wintermute OTC.
$381 Million Net Inflows to Bitcoin Spot ETFs
According to SoSoValue data, a total of $381 million in net inflows into Bitcoin spot ETFs were recorded on April 21. ARKB and FBTC generated net inflows of $116 million and $87.61 million, respectively. The total asset value of ETFs reached $97.611 billion, while the historical total net inflow reached $35.756 billion.
Net Outflows of $25.42 Million in Ethereum Spot ETFs
On the same day, Ethereum spot ETFs saw a total outflow of $25.42 million. Grayscale ETHE was the top outlier with a single-day outflow of $25.42 million. The total net asset value of Ethereum spot ETFs is $5.213 billion.
by Darkex Research – 1 min read
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