Bitget has initiated compensation for users impacted by a trading glitch involving VOXEL/USDT perpetual contracts, following unusual price action on April 20. On April 22, Bitget announced that transaction rollbacks and account recoveries had been “basically completed,” and that compensation…

Bitget scrambles to compensate traders after VOXEL futures glitch sparks perps frenzy

US financial markets plunged Monday while cryptocurrency prices remained firm, 
as US President Donald Trump ramped up his public feud with Federal Reserve 
Chairman Jerome Powell, The Guardian and other news outlets reported Tuesday. 
The clash between the country&#8217;s highest political and monetary leaders shook 
traditional markets to their core but left crypto surprisingly unscathed. 
Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their 
Grip Stock Markets Plummet After Presidential Remarks American stock indices 
closed forcefully lower on April 21, with broad losses at major benchmarks. 
The S&amp;P 500 declined 2.3%, the tech-dominated Nasdaq lost 2.4%, and the Dow 
Jones Industrial Average plummeted by almost 1,000 points, down 2.4%, based on 
Google Finance data. JUST NOW: President Trump calls Jerome Powell a &#8220;major 
loser&#8221; and demands interest rates lowered &#8220;now&#8221; pic.twitter.com/rAM7CVmPw2 — 
Morning Brew ☕️ (@MorningBrew) April 21, 2025 Trump Calls For Rate Cuts And 
Slams Fed Chair Underlying the market volatility is a rapidly intensifying 
clash between President Trump and Federal Reserve Chairman Powell. Trump used 
his April 21 Truth Social forum to post that &#8220;Preemptive Cuts in Interest 
Rates are being called for by many.&#8221; The President contended rate cuts are 
warranted because &#8220;Energy Costs [are] way down, food prices [are] 
substantially lower, and most other &#8216;things&#8217; [are] trending down,&#8221; asserting 
&#8220;there is virtually No Inflation.&#8221; Trump has repeatedly criticized Powell, 
calling him &#8220;Too late and wrong&#8221; for not cutting interest rates, which remain 
at 4.5%. Tensions rose after Powell warned that Trump’s tariffs could cause 
stagflation, prompting the president to demand his removal, saying his 
&#8220;termination cannot come fast enough.&#8221; Dollar Weakens While Crypto Shows 
Strength As the political conflict rages on, the US Dollar Index (DXY), which 
tracks the greenback relative to other significant currencies, dipped below 98 
on April 21, recording a three-year low. This follows a falling trend that has 
had the dollar drop over 10% of its value since the start of 2025, latest data 
shows. Bitcoin Unfazed Amid Political Turmoil In stark contrast to traditional 
markets, cryptocurrencies have maintained their weekend gains. The total 
cryptocurrency market capitalization, based on TradingView data, remained 
steady at $2.74 trillion. Bitcoin price, according to data from Coingecko, hit 
a four-week high of $88,428. Why is the price of bitcoin flat? Should Trump 
fire Jerome Powell? Will The US lose reserve currency status? I answer your 
questions 👇 pic.twitter.com/S7Q6hANR3H — Anthony Pompliano 🌪 (@APompliano) 
April 18, 2025 Industry Figures Warn Vs. Political Interference Cryptocurrency 
businessperson Anthony Pompliano warned against presidential intervention in 
the Federal Reserve leadership. In a video he uploaded on X on April 18, 
Pompliano declared that he does not believe that Trump should come in and 
unilaterally fire the Fed chair. Related Reading: Pi Network Frenzy Builds: $5 
Prediction As Whales Take Out Millions He further stated that policy 
disagreement firings would lead the nation into perilous waters: &#8220;Where you 
have a disagreement and then the firing, I think that&#8217;s not really the area 
that we want to go into.&#8221; Market experts believe the central bank will hold 
steady at its next meeting on May 7. According to data, interest rate markets 
now forecast only a 13% probability of a rate reduction at that session. 
Featured image from Chip Somodevilla/Getty Images. chart from TradingView

Trump Attacks Fed, Wall Street Shudders, But Bitcoin Draws Strength

The Dogecoin price has rallied by double digits after bottoming at $0.1275 
earlier this month, and technicals suggest a potential 45% jump. Dogecoin 
(DOGE) rose to $0.17 on Tuesday as Bitcoin (BTC), most altcoins, and the stock 
market bounced back.…

Dogecoin price targets $0.2290 as bullish signals point to a pump

Bitcoin ETFs extended their recovery with an impressive $381 million in 
inflows, marking the second straight day of net gains. Ether ETFs, however, 
continued to struggle with more outflows. Bitcoin ETFs Rally Led by ARKB and 
FBTC With Ether ETFs Still in Retreat Momentum returned to bitcoin ETFs in a 
big way on Monday, April […]

Bitcoin ETFs Soar With $381 Million Inflows As Recovery Gains Momentum

DeFi Development Corporation, formerly known as Janover Inc., has officially 
changed its corporate name to reflect a new focus: building a transparent, 
crypto-native treasury strategy for public market investors. The rebrand comes 
alongside a fresh $11.5 million purchase of Solana…

DeFi Development Corp adds $11.5m in Solana, rebrands from Janover

Ledger has teamed up with Pudgy Penguins to launch a limited-edition series of 
hardware wallets and accessories blending top-tier crypto security with 
collectible culture. The collaboration between digital asset security giant 
Ledger and Pudgy Penguins is called “Frozen for the…