Trump: There is a great opportunity to reach an agreement between Ukraine and Russia
On April 19, U.S. President Trump stated: If all parties encounter great difficulties in resolving the Ukraine conflict, I will be inclined to give up. However, I hope this situation does not arise. I do not intend to claim that I will withdraw from the negotiations. We possess a significant opportunity to reach an agreement between Ukraine and Russia, and the Ukraine agreement needs to be promptly finalized.
When questioned about whether Russia is taking advantage of him, Trump responded, "No one will be able to take advantage of me." (FX168)
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Trump is streamlining the federal employee dismissal process; over 50,000 policy-related positions will be affected
April 19th: As per AXIOS, President Trump is set to resume the "Schedule F" in order to simplify the procedure of dismissing federal employees. Around 50,000 policy-related federal employees (accounting for 2% of the total) are planned to be reclassified as "at-will" employees. Under this category, the government can more readily dispense with staff considered "disloyal". Biden had revoked this policy upon assuming office, but Trump reinstated it via an executive order on his first day back in the White House.
In the traditional sense, U.S. federal employees enjoy job security and cannot be fired on political grounds. The "Schedule F" will convert policy-related positions to "at-will" employment, breaking the 140-year-old tradition of the Pendleton Civil Service Reform Act's neutral civil service. The U.S. Office of Personnel Management has mandated agencies to submit position restructuring proposals by April 20th. Critics allege that the Trump administration is transforming the gover
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MANTRA DAO: To Soon Announce OM Token Burn Plan
On April 19th, JP Mullin, a co-founder of MANTRA DAO, stated that "The OM token burn plan has entered the final stage of discussion and will be announced shortly. The buyback plan is also advancing smoothly."
Previously reported by BlockBeats, on April 18th, the co-founder of MANTRA DAO initiated a Twitter poll to seek opinions on the execution method of burning team tokens. They said, "After announcing the intention to burn all team-held tokens, we have received a large amount of feedback from the community, investors, etc. in the past few days. This decision was made for the community, and the poll was conducted to understand everyone's views and attitudes on how to implement this matter." The poll had four options: immediate full burn, annual extension of the vesting period, transfer to a community multisig wallet, and gradual unlocking over time.
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Two whale addresses have recently accumulated over 56,000 ETH combined, with a total value exceeding $100 million.
On April 19th, as monitored by OnchainLens, two whale addresses have been actively accumulating ETH recently.
The whale address "0xd81E...a34d6" has withdrawn 46,577 ETH from Gate.io within the past 2 months, with a value of $97.14 million and an unrealized loss of $23.43 million.
The whale address "0x603...F00dbb" has withdrawn 10,091 ETH from Bybit in the past month, worth $18.78 million and having an unrealized loss of $2.81 million.
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Fed's Daly: If inflation is stickier, rate cuts this year may be fewer than two
On April 19th, Federal Reserve President Daly expressed that she is content with the expectation of two interest rate cuts this year. However, if inflation turns out to be more persistent, the number of rate cuts this year may be less than two. In case economic growth decelerates, more rate cuts will be carried out. Gradually reducing the policy rate without a sense of urgency is the appropriate approach. The only commitment of the Federal Reserve is to restore price stability. Currently, the US has a stable labor market but still needs to achieve price stability. (FX168)
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Kraken Initiates Organizational Restructuring to Pursue U.S. Listing in 2026
April 18th. As per Decrypt, the cryptocurrency exchange platform Kraken has recently launched a multi-departmental restructuring in order to reduce redundant positions and enhance core business lines. Kraken responded by indicating that it is preparing to go public in the United States by 2026. This is the second round of organizational reduction following a 15% workforce reduction in October 2024, with the aim of implementing a flatter management structure.
After the U.S. Securities and Exchange Commission (SEC) dropped a lawsuit against its parent company Payward Inc. in March, Kraken confirmed its intention for an IPO. It is currently in negotiations with investment banks such as Goldman Sachs and JPMorgan Chase, with the plan to raise $1 billion through a bond issuance for pre-listing expansion financing. If successfully listed in the United States, it will become the second U.S. cryptocurrency exchange to go public after Coinbase.
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