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Russia’s Foreign Ministry has demanded consular access to Telegram founder and CEO Pavel Durov following his arrest on Saturday in France, with Russian officials reacting angrily to news of the arrest, according to the Wall Street Journal.French authorities plan to address Durov’s address in a statement on Monday, according to NPR.
Share link:In this post: Jerome Powell says rate cuts are coming, but history shows they might hurt the markets more than help. Lower interest rates could cause stocks to surge or crash, depending on how investors feel about the economy. Bitcoin could see a boost from rate cuts, but it also risks speculative bubbles and increased volatility.
Share link:In this post: The U.S. job market is holding steady, but the slight rise in unemployment has people wondering if more trouble is on the horizon. Bitcoin’s price is bouncing around, with the Fed’s potential rate cuts playing a big role in what might happen next.
- 01:20Helius CEO Responds to Cardano Founder’s Statement that "Ethereum Won't Survive 10 Years": Suggests Competing at 10% Before CriticizingOn April 25, Helius Labs CEO Mert responded to Cardano founder Charles Hoskinson’s statement that "Ethereum won't survive 10 years." Mert stated, "Although I don't like certain parts of ETH (not all), it is still not vaporware (only a concept without substance)," and suggested that Hoskinson should "compete with ETH on a single metric at 10% before criticizing ETH."
- 01:13BTC Breaks Through $94,000, Daily Increase of 1.09%According to market data, BTC has just broken through $94,000 and is currently priced at $94,297.20 per coin, with a daily increase of 1.09%.
- 01:05TRUMP Reaffirms No Token Unlocking During Dinner Event; Initial and Subsequent Unlocks Extended by 90 DaysJinse reported that the official TRUMP Meme Coin statement clarified that there is some misunderstanding among market participants about the "TRUMP Dinner" event. The threshold for participating in the TRUMP Dinner does not currently require an amount exceeding $300,000, and no tokens will be unlocked for sale during the event. The official explanation noted that the user "Sun" holds 1,176,803 TRUMP (valued at $14 million) and ranks first, while the 220th ranked "HAR" holds only 35.3 TRUMP (valued at $420). (Both have the qualification to attend the dinner based on the current rankings.) Furthermore, the TRUMP Meme Coin official reiterated that the tokens for both the initial unlock batch and the daily unlocks over the subsequent three months will be additionally locked for 90 days. These assets will remain locked throughout the entire ranking period. Previous reports stated that on April 18, TRUMP unlocked 40 million tokens, which accounted for 20% of the circulating supply and 4% of the total token supply.