🚨Trump: He will be out of there if I ask him. I dont think Powell is doing the job.
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eXch, the CEX that processed $94M from the Bybit hack linked to Lazarus Group, has announced that it's shutting down May 1. Exch has not cooperated with law enforcement or Bybit. In its final statement, eXch confirmed an active law enforcement investigation as a reason for the shutdown and recommended Monero, Dash, and Litecoin for privacy. -announcement
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Deutsche Bank: Chinese investors are showing increased interest in European high-quality bonds, Japanese government bonds, and gold as alternatives to US Treasuries as result of tariffs
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Russia's Finance Ministry is considering issuing a Tether-like stablecoin in the wake of $30 million USDT freeze. The Russian crypto should be pegged to a fiat currency other than the US dollar.
Circle launches Refund Protocol for non-custodial dispute resolution in stablecoin payments. The procol lets users send payments through a smart contract that temporarily holds the funds. If there is a problem, the buyer can ask for a refund, and an arbiter, an unbiased third party, helps to settle the dispute. -announcement
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🚨Turnover on Shanghai and Shenzhen Stock Exchanges at 914.7b Yuan, lowest since last year's "9/24" rally when PBoC announced several stimulus measures designed to boost the economy and the stock market
Kyrgyzstan's president signs CBDC law giving "digital som" legal tender status. The National Bank now has exclusive rights to issue the digital currency, though the final launch decision isn't expected until the end of 2026.
Whales holding >10K BTC maintain a strong accumulation trend (~0.7). Smaller cohorts from <1 BTC to 100 BTC are easing off their distribution, with the 10–100 BTC group now hovering around 0.5, hinting at a potential pivot toward accumulation. This suggests at a possible shift in sentiment from mid-sized holders. -Glassnode
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