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U.S. Senator: If Powell Is Fired by Trump, It Will Trigger a Market Collapse

2025.04.18 14:16:12

On April 18th, US Senator Elizabeth Warren said: "If US President Trump were to fire Federal Reserve Chair Powell, it would cause a market crash in the United States."
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X Releases Two Updates: XChat Now Supports Sharing Group Chat Links, Will Officially Deprecate X Communities

On April 23rd, X Product Lead and Solana Advisor Nikita Bier announced two product updates for the X community, including: - XChat now supports link-based group chats that users can join via shared links. Users can create a public link and share it directly to their timeline, with each group supporting up to 350 members (and growing). - Due to declining usage, the X platform will officially sunset X Communities on May 6th.

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US Military: Did Block Strait, Media Reports of Commercial Vessels Avoiding Blockade Inaccurate

April 23 — U.S. Central Command (CENTCOM) announced Tuesday that as part of U.S. blockade actions targeting Iran, the U.S. military has directed 29 vessels to turn around or return to port. Media reports over the past 24 hours have claimed several merchant ships — including the HeroI, Hedy, and Dorena — evaded the measures. CENTCOM stated these reports are inaccurate.

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A new address withdrew 4000 ETH from Kraken.

April 23rd — Onchain Lens monitoring shows a newly created address withdrew 4,000 ETH (valued at $9.59M) from Kraken 4 hours ago.

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Short sellers continue to increase their short positions, and the funding rate indicates that traders are generally treating the uptrend as a rebound.

April 23rd — Per Coinglass data, Bitcoin surged to a high of $79,472 last night and has since pulled back to $77,933. Short positions across the network were liquidated again amid the uptrend. Over the past 24 hours, total liquidations reached $416 million: $339 million in short liquidations and $76.36 million in long liquidations. Historical data shows Bitcoin shorts across the entire network have paid $12 million in funding fees to longs over the past seven days. Notably, as Bitcoin spiked then retreated, Binance’s funding rate fell from a neutral 0.35% to -0.79%. All other major platforms except Binance currently have negative Bitcoin contract rates. This indicates that even though Bitcoin hit a new high in this uptrend, many investors still remain bearish on its future price and are continuing to short at these elevated levels.

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Bitcoin Plunges Below $78,000

April 23: Per HTX market data, Bitcoin has fallen below the $78,000 mark and is currently trading at $77,949.

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White House: Trump Did Not Set a Specific Ceasefire Deadline, Contrary to Media Reports of "3 to 5 Days"

April 23rd – White House Press Secretary Levi stated that any extension of the U.S.-Iran ceasefire agreement will be finalized by President Trump. “The President has not set a firm deadline, despite some reports circulating today,” she noted. She rejected anonymous claims of a 3-to-5-day extension as untrue, adding that Trump is waiting for Iran’s leadership to provide a “unified response” to the terms of the proposed peace deal.

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