Trump: Fed Chairman Powell should be removed as soon as possible
Recently, US President Trump criticized Fed Chairman Powell, saying that his refusal to cut interest rates was unwise, and expressed on Truth Social that he hoped to remove him as soon as possible. Trump’s remarks may increase market uncertainty and raise market concerns about the independence of the Federal Reserve.
Trump once again urged Powell to cut interest rates
On April 18, US President Trump once again urged Fed Chairman Powell to start cutting interest rates, warning that if Europe cuts interest rates first, it may put the United States at a competitive disadvantage.
Trump: News about the trade agreement will be announced soon
US President Trump said that he will soon announce news and progress on the trade agreement, but is not in a hurry to announce it. He is highly confident that he will reach an agreement with the European Union.
Stablecoin transaction volume exceeds Visa payment for the first time in 2024
In 2024, stablecoin transaction volume exceeded Visa’s payment for the first time, highlighting the increasingly important position of stablecoins in the global payment market.
The total locked value of DeFi fell by 27.5% in the first quarter of 2025
Data shows that the total locked value of DeFi fell by 27.5% in the first quarter of 2025, a total shrinkage of US$48.9 billion. The main reason for the decline was the general decline in the price of altcoins. Among them, the locked amount of Ethereum decreased by about US$40 billion, and the market share dropped from 63.5% to 56.6%.
Global stock and futures markets are temporarily closed due to holidays
Affected by Good Friday and Easter holidays, the US, Hong Kong, European and Australian stock markets will be closed on April 18, and the Hong Kong, European and Australian markets will continue to be closed on April 21.
