ban nguyen

@crypto2471

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Elon Musk called President Trump's senior trade advisor, Peter Navarro, "indeed a fool" and "dumber than a brick" 😂 in response to Navarro's statement that Elon is just a car salesman who knows nothing and accused Elon of having a conflict of interest for supporting free trade while Tesla is facing tariffs on imported components. Navarro also stated that Tesla is not a real car manufacturer, but merely an assembly company.

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U.S. Trade Representative at the White House, Mr. Jamieson Greer, stated that President Trump will not accept a situation where "Wall Street is allowed to run the economy."

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President Trump declared that if China does not retract the retaliatory tariff increase of 34% before April 8, 2025, the U.S. will impose an additional 50% tariff on China starting April 9. He accused China of currency manipulation, illegal subsidies, and trade abuses. Trump also stated that he would cancel all scheduled meetings with China and shift negotiations to other countries.

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China 🇨🇳 is considering accelerated economic stimulus measures to respond to new tariffs from the U.S. Over the past weekend, senior officials met to discuss boosting domestic consumption, supporting exports, and stabilizing the market. This indicates that China is preparing for a trade war, and the People's Bank of China will need to intervene by printing money and injecting it into the market. Similarly, the Fed cannot remain passive, especially as President Trump continues to push for higher tariffs, and it is becoming increasingly clear that this is a move aimed directly at China. This is why the trade war has a strong impact on financial markets in the short term. Subsequently, central banks begin to lower interest rates and ease monetary policy, which causes asset prices to rise while the economy continues to weaken. That is why the economy and financial markets are two different entities.

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BlackRock CEO Larry Fink warned that the stock market could continue to decline by another 20% as the economic situation worsens, although he views the current drop as a "buying opportunity." Larry Fink also stated that the United States may have already entered a recession, saying, "Most of the CEOs I speak with believe that we are in a recession right now."

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In the first quarter of 2025, investors heavily poured into stablecoins, causing the supply to increase by over 30 billion USD despite the weakening crypto market. On the Ethereum network, stablecoin transactions reached a record high, and the number of active addresses exceeded 200,000, despite ETH prices dropping by 45% due to macroeconomic pressures and competition. Some experts predict that the amount of stablecoins could reach 1 trillion USD this year, becoming a driving force for the market and DeFi development, especially if concerns about tariffs ease soon.

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ndia 🇮🇳 will negotiate a new and balanced trade agreement with the U.S. 🇺🇸 to avoid President Trump's tariffs; they will not retaliate.

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Người dùng các ứng dụng thanh toán #PayPal và Venmo sẽ sớm có thể mua, bán, nắm giữ và chuyển Solana và Chainlink trực tiếp từ trong tài khoản của họ cùng với các loại tiền điện tử hàng đầu là Bitcoin và Ethereum trong vài tuần tới. May Zabaneh, Phó chủ tịch sản phẩm, blockchain, tiền điện tử và tiền kỹ thuật số của PayPal cho biết "Việc cung cấp nhiều token hơn trên PayPal và Venmo mang đến cho người dùng sự linh hoạt, lựa chọn và khả năng tiếp cận tiền kỹ thuật số cao hơn"

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Federal Reserve Chairman Jerome Powell stated that he predicts President Donald Trump's tax levels will increase inflation and slow down growth, while also indicating that the Fed will not adjust interest rates until there is a clearer view of the ultimate impact of these policies. "Our mission is to keep long-term inflation expectations anchored and ensure that a one-time price increase does not become a prolonged inflation issue... We are in a good position to wait for more clarity before considering any adjustments to policy. It is still too early to say what the appropriate direction for monetary policy is."

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President Trump: This will be the PERFECT time for Fed Chairman Jerome Powell to cut interest rates. He has always been "late," but now he can change his image — and quickly. Energy prices have dropped, interest rates have decreased, inflation has fallen, even egg prices have decreased by 69%, and jobs are on the rise — all in just two months. THIS IS A BIG WIN FOR AMERICA. CUT THE INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!

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Ripple has just integrated the stablecoin RLUSD into its cross-border payment system, Ripple Payments, providing superior processing speed and lower costs for international transactions. Licensed by the New York State Department of Financial Services (NYDFS), RLUSD is backed by U.S. government bonds and equivalent assets, ensuring liquidity and reliability.

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The supply of stablecoins on the Avalanche network has increased to $2.5 billion, rising over 70% in just one year. However, the price of AVAX has dropped nearly 60%. According to experts from IntoTheBlock, most of this stablecoin supply may be "lying dormant" in the form of reserves, rather than being utilized in DeFi activities such as lending and swapping. Therefore, it does not create actual demand for AVAX (used for gas fees and collateral).

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New York Post: The Trump administration imposed a 10% tariff on the Heard and McDonald Islands near Antarctica — which are uninhabited, only home to penguins 🐧.\n\n… No place on Earth 🌎 and no species is safe from tariffs.

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"Altcoin Confession Booth" at the BTC conference in Prague, Czech Republic 🇨🇿 2025 😆

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The President of Mexico, Claudia Sheinbaum, stated that Mexico will not adopt a retaliatory approach after President Trump announced tariffs. The Premier of Ontario, Doug Ford, expressed his belief that Canada will lift tariffs on goods from south of the border if President Trump ends the trade war.

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The CEO of Coinbase stated that crypto is currently the most bipartisan issue in Washington D.C., with both sides showing great interest in passing the stablecoin legislation.

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Robert "Bo" Hines, Executive Director of the White House Presidential Advisory Council on Digital Assets, and Adrienne A. Harris, Superintendent of the New York Department of Financial Services, will both be present at the Consensus 2025 conference, taking place from May 14 to 16 in Toronto, Canada.

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The Atlanta Federal Reserve currently forecasts a GDP of -2.8% for the first quarter... a significant decline. Four weeks ago, the forecast was +2.3% Eight weeks ago, the forecast was +3.9% 👀 But... does a recession really occur if everyone is worried about it and actively protecting their investment portfolios?

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