ETH falls below the $1600 mark

On April 19th, according to Reuters, Powell had stated that US law does not allow the president to dismiss him, and even if Trump requests it, he will not resign voluntarily. He plans to serve his full term as Federal Reserve Chairman until May 2026. In addition, Powell's term as a member of the Federal Reserve Board of Governors will continue until January 2028. He also stated this week that he believes the case currently being heard by the US Supreme Court is unlikely to apply to the Federal Reserve.

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BlockBeats News: On April 19th, according to DefiLlama data, the total market value of stablecoins on the entire network is reported to be $234.468 billion, an increase of 0.46% in the past 7 days, with USDT accounting for 61.85% of the market share.

Odaily Planet Daily News: The Slovenian Ministry of Finance has proposed a 25% tax rate on cryptocurrency capital gains starting from 2026, which applies to transactions that convert cryptocurrency assets into fiat currency or for consumption, but does not include swaps between cryptocurrency assets. The Ministry of Finance stated that this move aims to fill the loopholes in the current tax system and unify the taxation treatment of encrypted income with traditional investment income such as stocks and bonds. Previously, profits (before January 1, 2026) were not included in the scope of taxation, and transaction losses can be carried forward to offset future profits. The new tax system is expected to bring in 2.5 to 25 million euros in annual revenue for the country, and the Ministry of Finance is currently soliciting public opinions. According to data from the European Central Bank, Slovenia has the highest cryptocurrency ownership rate in the eurozone, with approximately 15% of adults holding cryptocurrency in 2023. （CoinDesk）

Odaily Planet Daily News: According to official announcements, the settlement frequency of VOXELUSDTU based perpetual contract fund rates for Binance contracts will be adjusted from every four hours to every two hours on April 19, 2025 at 4:00 PM (UTC). (This news is generated with AI assistance)