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Analyst: SOL's current key resistance level is $144, and the key support level is $129

On April 19th, crypto analyst Ali Martinez posted on X platform that the current key support level for SOL is $129, with the key resistance level at $144. Prices beyond this range may set the tone for SOL's next move.

6MV crypto investor Mike Dudas: Base is trying to become Solana, but this may push up SOL

6MV encrypted investor Mike Dudas wrote on X platform that, as expected, Base is trying to become Solana, but the result may push up the price of SOL. Previously, Coinbase, which supported Base, announced that it had completed an upgrade of the Solana infrastructure on the platform, with major improvements including: asynchronous transaction processing, a fivefold increase in block processing throughput, and a fourfold improvement in RPC performance.

Xiamen Procuratorate: Man was sentenced to 11 years in prison for stealing and selling virtual currency for a profit of more than 1.6 million yuan

the Xiamen procuratorate public account revealed that a certain man surnamed Chen was sentenced to 11 years for stealing and selling virtual currency for more than 1.6 million yuan. It is reported that Chen fabricated the lie of the account dropping offline, used this to deceive victims of various verification codes, continuously transferred the virtual currency in Hong's account to his own account through real-time verification codes, and then quickly sold these virtual coins for a profit of more than 1.6 million yuan, all of which were used to repay personal debts. After trial, the court sentenced Chen to eleven years in prison for theft and imposed a fine.

Analysis: Bitcoin remains stable during Good Friday break, macro factors dominate global risk sentiment

On April 19th, according to Cryptoslate, the bitcoin trading price remained stable around $84,500 this week, with no significant fluctuations during the period of Jesus' crucifixion. With stocks, bonds, and commodities trading mostly offline, the cryptocurrency market provides a rare window into investor sentiment due to the lack of broader liquidity and institutional flow. Traders are watching for progress in global trade during the holiday period, and it is expected that the market may begin to readjust positions once trading resumes at the Chicago Mercantile Exchange (CME) for futures and bonds. Before this, bitcoin is one of the few real-time sentiment indicators in the macro environment, which is increasingly influenced by policy signals and cross-asset volatility. Despite reactions from the gold, oil, and stock markets to macroeconomic and geopolitical conditions, bitcoin has maintained its original level. Unlike the correlation with stock futures and inflation-sensitive assets, bitcoin has outperformed most traditional assets in recent trading days.

The whale who spent $16.41 million to build a position in PNUT and other popular tokens lost nearly $10 million in 5 months

On April 19th, according to @ai_9684xtpa monitoring, the whale who spent $16.41 million to open positions in PNUT, ai16z, and arc has accumulated losses of $9.98 million within five months, with assets shrinking by over 60%. According to previous analysis, this address may belong to Galaxy Digital, but it is currently unable to confirm whether it is a market maker for the three tokens.

Wall Street Journal: Trump's plot to remove Powell's script leaked, and the Fed's successor surfaced

according to informed sources, Trump has been privately discussing the issue of firing Federal Reserve Chairman Powell for several months, but he has not made a final decision on whether to remove him from office before the end of Powell's term next year. The sources said that at a meeting held at the Mar-a-Lago estate, Trump discussed the possibility of firing Powell before the end of his term and possibly choosing Warsh to replace him with former Federal Reserve Board Governor Kevin Warsh.

According to sources, Warsh had advised against firing Powell and believed that the Fed chairman should be allowed to complete his term without interference. However, at a meeting held in the Oval Office on Thursday, Trump said he believed he had the right to remove Powell from office. Trump said, "If I want him to leave, he will leave quickly, believe me." Trump also said he was not satisfied with Powell.

Glassnode: Bitcoin whales remain in strong accumulation zone, falling wedge pattern signals potential bullish reversal

On April 19th, according to Cointelegraph, Glassnode data shows that Bitcoin whales are still in a strong accumulation area. The large holders (whales and sharks) currently holding 100-1000 or more Bitcoins are absorbing Bitcoin at the fastest rate in history, with the current absorption of this group exceeding 300% of the annual Bitcoin issuance. At the same time, the amount of Bitcoin held by exchanges continues to decline, with an annual absorption rate of -200%, indicating that investors are more inclined to hold long-term or self-custody. In addition, addresses holding over 10,000 BTC have an accumulation trend score of about 0.7, indicating that they are still in a strong accumulation state. Technical analysis shows that Bitcoin has broken out of a multi-month descending wedge pattern, and if the current trend continues, the price may break $100,000 in May. $88,800 is a key resistance level to reverse the market structure, and if the bulls fail to break through, they may not be able to maintain their strong momentum.

Opinion: If Trump fires Fed Chairman Powell, it would set a very bad precedent

according to Cointelegraph, Anthony Pompliano, founder and CEO of Professional Capital Management, said that if Trump dismisses Federal Reserve Chairman Powell, it will set a very bad precedent, especially considering the true motives behind it. He explained that although the original intention of the Federal Reserve was to operate independently, it has made mistakes, but tit for tat is not the right approach. Anthony Pompliano emphasized that he is not a fan of the Federal Reserve, and previously he had said that Bitcoin holders were one of the earliest large groups to recognize problems in U.S. economic data, and through holding coins and other means, they seized financial opportunities for upward potential.

Justin Sun: David Geffen is attacking me personally, Le Nez is my legal property

On April 19th, Sun Yuchen posted on X platform, saying: "David Geffen is attacking me personally. No matter how he defames my reputation, 'Le Nez' is my legal property, and I am fully confident in getting it back."

Earlier reports stated that Sun Yuchen had sued billionaire collector David Geffen, demanding the return of Alberto Giacometti's sculpture "Le Nez," claiming that a rogue art advisor sold the piece to David Geffen through a carefully planned scheme involving forged signatures and fictitious lawyers.

Sun Yuchen purchased "Le Nez" at Sotheby's in 2021 for $78.4 million, alleging that his former advisor Xiong Zihan Sydney orchestrated the deal without his consent, falsified documents, and even impersonated a lawyer through email to facilitate the transaction. Now Sun Yuchen wants his sculpture back, "or substantial compensation." David Geffen's lawyer Tibor L. Nagy stated that the lawsuit is "absurd and baseless," suggesting that Sun Yuchen simply regrets the transaction. The complaint does not include any allegations that Geffen had any connection or relationship with Xiong. "The deal was made through intermediaries," Nagy said, "If a year later Sun Yuchen is dissatisfied with the deal made by the intermediary for him, there is no reason to claim against David Geffen."

CZ: If the specific support details of Binance's support for KiloEx are fully disclosed, hackers may learn to avoid

Binance security team assisted KiloEx in recovering stolen funds. After that, some community members suggested that Binance disclose specific support details in the incident to enhance the community's trust in ecosystem security. In response to this, CZ said: "Some details in the middle can help in handling future security incidents. If hackers are completely exposed, they may learn to avoid it. We should respect the opinions of all parties involved. Everything else should be transparent."