Trump’s nourished ePlosion fails to shake Bitcoin (BTC)

Welcome to your Friday’s Friday edition of the Daybook. With markets on an abridged schedule for Easter holidays, today’s update is also shortened. The Americas of the Coindesk Crypto Daybook will be back to its regular size on Monday, April 21. Take advantage of the holidays!

By Francisco Rodrigues (at any time and unless otherwise indicated)

It’s Easter. Traditional markets are closed in many regions of the world and many people take a break in work, and this also keeps the cryptographic markets in check. The Coindesk 20 index (CD20), a measurement of the most important and most active cryptocurrencies, won less than 0.1% in the last 24 hours with Bitcoin (BTC) up 0.1%.

This is a fairly silent answer to the calls of President Donald Trump for the abolition of the president of the Federal Reserve Jerome Powell. Trump criticized Powell for his reluctance to reduce interest rates, adding more to the uncertainty of the economy that left Bitcoin walking and saw Wall Street pile up on gold.

Trump, on his social media platform Truth Social, said that Powell was “too late” to reduce interest rates, saying that “the end cannot come quickly enough!” The president’s words intervene after Powell said the central bank sees unemployment and inflation increase due to the prices that Trump has imposed on most other countries.

Tit-for-tat has further increased uncertainty, to the point that the S&P 500 closed the abbreviated negotiation week up 0.1%, while the Nasdaq, heavy with technology, dropped by 0.1%.

“Currently, the markets are extremely reactionary for the decision -making of the White House and are ready to stay in the foreseeable future,” said Ira Auerbach, tandem manager at Offchain Labs and former digital active chief as Nasdaq, told Coindesk.

“Trump’s thrust for rate drops in the midst of inflation risks focused on prices could rekindle the original story of” Hedge Against Eroding Power “by Bitcoin. Its recent risk behavior can be short -lived as the uncertainty of monetary policy is intensifying.”

For the moment, however, the coverage against the discharge and the uncertainty of the currencies seem to be gold. The recent bull of precious metal has meant that, in the past 20 years, he has surpassing the S&P 500. This includes dividends.

For cryptographic investors, the signals are mixed. While on uncertain macro uncertainty, the kingdoms, in the regulatory perspectives of the Trump administration, have improved and the institutions have shown more comfort with space.

“It is probably healthy to” leave the dust “while the pricing implementations and bilateral negotiations are taking place,” said Coindesk, CEO of Dydx Foundation, told Coindesk. “The consensus of market players seems to point out the action of central banks after the summer.” Stay vigilant!

What to look at

  • Crypto:
    • April 18: Pepectoin (PEP), a layer 1, blockchain of evidence of work, undergoes its second reduction by half, reducing the rewards of block to 15,625 PEP.
    • April 20, 11 p.m.: BNB Chain (BNB) – OPBNB MAINNET HARDFORK.
    • April 21: Coinbase derivatives will list the approval of term contracts on XRP by the US Commodity Futures Trading Commission (CFTC).
    • April 25, 1 p.m.: Round table of the Cryptographic Working Group of Securities and Exchange Commission (SEC) on the “Key considerations of the Cryptography Guard”.
  • Macro
    • April 18, 10 am: Torcuato Di Tella University of Argentina publishes consumer confidence data in April.
      • PREV consumer confidence. 44.1
    • April 22, 8:30 p.m.: Statistics Canada publishes Inflation Inflation Data from Mach Producers.
      • PPI MOM PREV. 0.4%
      • PPI YOY PREV. 4.9%
    • April 22, 6 p.m.: The governor of the Fed, Adriana D. Kugler, will give a discourse entitled “Transmission of monetary policy”.
  • Gains (Estimates based on facts)
    • April 22: Tesla (tsla), post-marketing
    • April 30: Robinhood Markets (Hood), post-commercialization

Token events

  • Governance votes and calls
  • Unlocking
    • April 18: Official Trump (Trump) to unlock 20.25% of its supply in circulation worth $ 314.23 million.
    • April 18: Fasttoken (FTN) to unlock 4.65% of its food in circulation worth 84.4 million dollars.
    • April 18: Melania Melania even (Melania) to unlock 6.73% of its supply in circulation worth $ 10.72 million.
    • April 18: UXLink (UXLink) to unlock 11.09% of its supply in circulation worth 16.52 million dollars.
    • April 18: immutable (IMX) to unlock 1.37% of its food in circulation worth $ 10.03 million.
    • April 22: Metars Genesis (MRS) to unlock 11.87% of its supply in circulation worth $ 126.7 million.
    • April 30: Optimism (OP) to unlock 1.89% of its food in circulation worth $ 20.74 million.
    • May 1: SU (SUI) to unlock 2.28% of its food in circulation worth 156.87 million dollars.
    • May 1: Zetachain (Zeta) to unlock 5.67% of its food in circulation worth 10.32 million dollars.
  • Token launches

Conferences:

Talk about tokens

By Francisco Rodrigues

  • The samecoin trading frenzy does not yet seem too much. From the Token-Lauunch Pump protocol.
  • According to Artemis Data, Pump, based in Solana. This figure exploded at $ 650 million on April 17, $ 444 million being exchanged on Pumpswap.
  • The daily volumes of transaction on the platform are now greater than 40,000, or more to double the figures observed before the launch of Pumpswap, according to Dune data.
  • The increased negotiation volume helped pump. The 24 -hour income of fun at the top of layer 1 of the TRON network, report approximately $ 2 million during the period. The figure is also greater than that of platforms as hyperliquid and aave.
  • Apart from Solana, other networks have seen their share of commercial activity. Even Coinbase, listed at the Nasdaq, listed at the Nasdaq found itself involved in an alleged advantage after three wallets bought its “base is for yourthward” token before the launch announcement.

Market movements:

  • BTC is down 0.69% from 4 p.m. HE Thursday at $ 84,550 (24 hours: + 0.30%)
  • ETH increased by 0.15% to $ 1,587.85 (24 hours: -0.36%)
  • Coindesk 20 is up 1% to 2460.30 (24 hours: + 0.2%)
  • The CESR ether composite pace is down 15 bps to 2.98%
  • The BTC financing rate is 0.0069% (7.5927% annualized) on Binance
  • Dxy is unchanged at 99.38
  • Gold is down 0.54% to $ 3308.8 / oz
  • The money is down 1.55% to $ 32.42 / oz
  • Nikkei 225 closed + 1.03% at 34,730
  • Hang Seng closed + 1.61% to 21,395
  • FTSE closed Thursday at 8275.66.
  • Euro Stoxx 50 is down 0.63% to 4935.34
  • Djia closed 1.33% at 39,142 Thursday
  • S&P 500 closed + 0.13% to 5,282.7
  • The Nasdaq composite closed -0.13% to 16,286.45,
  • The S&P / TSX composite index closed + 0.36% to 16,286.45
  • S&P 40 Latin America increased by 1.64% to 2,383.75
  • E-Mini S&P 500 Term contracts are down 0.13% to 5,312.75
  • The term contracts on the NASDAQ-100 E-Mini are down 0.02% to 18,380
  • E-Mini Dow Jones Industrial Industrial Index In Term is down 1.31% to 39,329

Bitcoin statistics:

  • BTC dominance: 63.91 (-0.18%)
  • Ethereum / Bitcoin ratio: 0.019 (0.54%)
  • Hashrate (Mobile average at seven days): 913 EH / S
  • Hashprice (spot): $ 44.32
  • Total costs: 6.01 BTC
  • CME Futures open interest: 141 280
  • BTC Gold price: 25.5 OZ.
  • BTC vs Gold Bourse Capt: 7.23%

Cryptographic actions

  • Strategy (MSTR): closed Thursday at $ 317.20 (1.78%), down 0.30% to $ 316.35 in pre-commercialization
  • Coinbase Global (corner): closed at $ 175.03 (1.64%)
  • Galaxy Digital Holdings (GLXY): closed at $ 15.36 CA (-1.41%)
  • Mara Holdings (Mara): closed at $ 12.66 (2.76%), up 0.16% to $ 12.68
  • Riot platforms (Riot): closed at $ 6.46 (1.57%)
  • Core Scientific (CORZ): closed at $ 6.63 (0.61%), up 0.29% to $ 6.65
  • Cleanspark (CLSK): closed at $ 7.51 (3.16%), up 0.27% to $ 7.53
  • Coinshares Valkyrie Bitcoin Miners Etf (WGMI): closed at $ 12.04 (1.09%), up 0.42% to 12.09
  • Semler Scientific (SMLR): closed at $ 32.49 (4.79%), up 2.60% to $ 33.33
  • Exodus movement (Exodus): closed at $ 36.58 (-1.64%), up 4.98% to $ 38.40

ETF Flows

BTC ETFS spot:

  • Daily net flow: $ 106.9 million
  • Cumulative net flows: $ 35.5 billion
  • Total BTC Holdings ~ 1.11 million

ETH ETFF SPOT

  • Daily net flow: $ 0 million
  • Cumulative net flows: $ 2.26 billion
  • Total of Eth Holdings ~ 3.31 million

Source: Wacky investors

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