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DeFi Development Corporation increased its stake to 88,164 SOL, bringing its total holdings to 251,842 SOL

4 hours ago

On April 23, the publicly traded U.S. company Janover was renamed to DeFi Development Corporation. Today, it increased its holdings by 88,164 SOL, which is approximately worth $11.5 million. After this purchase, the company's total SOL holdings have risen to 251,842 SOL, with a value of approximately $34.4 million. BlockBeats reported previously that on April 7, the publicly traded U.S. company Janover stated that it had raised $42 million by issuing convertible notes and warrants to investors such as Pantera Capital, Kraken, and Arrington Capital, etc. This funding will be used to purchase SOL as a financial reserve. The company's newly appointed Chairman and CEO, Joseph Onorati, revealed that his team plans to "immediately" begin increasing their SOL holdings. Janover also plans to acquire validators (computers that assist in operating the Solana network and validating transactions), which can not only be used to obtain SOL tokens but also to "stake" them, that is, to earn rewards by locking SOL tokens on the network.
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The U.S. has proposed eventually lifting sanctions on Russia in the future agreement

April 23rd - As per The Washington Post, the United States has put forward a proposal to recognize Crimea as being a part of Russia against the backdrop of the accelerating peace talks and with the aim of eventually lifting sanctions on Russia in a future agreement.

3 hours ago

Levitt: Trump Believes the Fed's Actions Are Politically Motivated

On April 23rd, the White House Press Secretary Levitt declared that Trump holds the view that the Fed's actions are politically driven. The White House indicated that Trump desires for the US dollar to continuously preserve its status as the world's reserve currency.

3 hours ago

White House: Potential Trade Deal with China Progressing Very Smoothly

On April 23rd, the White House made an announcement. It was stated that 18 written trade agreement proposals had been received. Additionally, the trade team is scheduled to meet with 34 countries this week. It was further mentioned that the potential trade agreement with China is progressing in a very smooth manner. White House Press Secretary Levitt expressed that the situation regarding China is moving in the right direction.

3 hours ago

U.S. Treasury Secretary: Trade Negotiations with China Will Be a Tough Battle, Goal Is Not to Decouple U.S. and Chinese Economies

On April 23rd. Based on the information from those who participated in a J.P. Morgan event, U.S. Treasury Secretary Yellen stated that the trade negotiations with China "will be a difficult battle." She characterized the current bilateral trade situation as similar to a "sanction," and emphasized that the negotiation goal is not to decouple the Chinese and American economies.

3 hours ago

The White House is “close” to reaching a tariff agreement with Japan and India, but finalizing the deal may take several months.

On April 23rd, the White House is scheduled to reach a comprehensive agreement with Japan and India in order to avoid large-scale tariffs imposed by the United States. However, many tricky details may be left for later discussions. In the absence of a comprehensive trade agreement, government officials are working on signing a so-called "memorandum of understanding" or a broad "framework" for future agreements. One insider stated, "Finalizing the agreement may take several months because these matters are extremely complicated." It is currently uncertain to what extent announcing the future agreement framework will pacify the market and avoid a political backlash against the ongoing economic turmoil. Another source said, "I wouldn't even refer to them as agreements. Basically, it's an agreement to agree that we hope to discuss an agreement. They will begin to roll out a series of things, but as long as something is signed to initiate negotiations." (FX Street)

3 hours ago

Spot Gold Retreats Below $3380/Ounce, Down 1.31% Today

On April 23rd, spot gold continued to decline and dropped below $3380 per ounce. It decreased by 1.31% on that day after previously rising by more than 2%. (FX678)

3 hours ago

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