AiCoin Daily Report (April 20)

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3 hours ago

1. Powell Says He Will Not Resign Voluntarily

Powell has stated that U.S. law does not allow the president to dismiss him, and even if Trump were to request it, he would not resign voluntarily and plans to serve his full term, continuing as the Federal Reserve Chairman until May 2026. Additionally, Powell's term as a member of the Federal Reserve Board will last until January 2028. He also mentioned this week that he believes the case currently being heard by the U.S. Supreme Court is unlikely to apply to the Federal Reserve. -Original

2. Slovenia Plans to Tax Cryptocurrency Capital Gains

Odaily Planet Daily reports that the Slovenian Ministry of Finance has proposed a 25% tax rate on capital gains from cryptocurrencies starting in 2026, applicable to transactions that convert crypto assets into fiat currency or are used for consumption, but not including exchanges between crypto assets. The Ministry stated that this move aims to address loopholes in the current tax system and unify the taxation of crypto gains with traditional investment gains such as stocks and bonds. Gains realized before 2026 (before January 1) will not be subject to taxation, and trading losses can be carried forward to offset future gains. The new tax system is expected to generate between 2.5 million to 25 million euros in revenue for the country annually, and the Ministry is currently seeking public opinion. According to data from the European Central Bank, Slovenia has the highest cryptocurrency holding rate in the Eurozone, with about 15% of adults holding cryptocurrencies in 2023. -Original

3. TRUMP Token Rises Against the Trend After Unlocking

4. Vietnamese Finance Minister Meets with Bybit CEO

Bybit CEO Ben Zhou posted on X platform that H.E. Nguyen Van Thang, the Minister of Finance of Vietnam, met with him, expressing Bybit's strong support for Vietnam's regulatory sandbox plan and its vision for building a safe, transparent, and innovation-friendly digital asset ecosystem. The meeting reportedly took place at the headquarters of the Vietnamese Ministry of Finance, focusing on Vietnam's efforts to establish a comprehensive legal framework for crypto assets. H.E. Nguyen Van Thang outlined Vietnam's plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. The plan aims to reduce risks, enhance investor protection, and ensure regulatory readiness before formal legislation is introduced. -Original

5. 21Shares Predicts Bitcoin Year-End Price

21Shares' latest analysis indicates that, combining historical trends with current market signals, Bitcoin (BTC) is expected to reach $138,555 by the end of 2025. The report notes that the world's largest cryptocurrency is gaining strength from macroeconomic uncertainty and on-chain momentum. It states that the current market cycle is similar to that of 2021. Bitcoin's recent price performance shows resilience rather than panic. 21Shares points out that market-level collapse events, such as the failure of Silicon Valley Bank, no longer trigger panic selling. Instead, such shocks further reinforce Bitcoin's role as a hedge against risks in the traditional financial system. -Original

6. SkyAI Announces Public Pre-Sale Token Plan

Odaily Planet Daily reports that the open-source MCP technology community SkyAI has announced that its tokens will be 100% used to reward supporters and participants, with the project team retaining no tokens or BNB. SkyAI encourages all token holders to participate in the development of the SKYAI MCP OS and community building. The pre-sale information is as follows: 1. 80% of tokens will be distributed through a public pre-sale; 2. 20% of tokens will be used to add liquidity; 3. The pre-sale hard cap is 500 BNB, all of which will be used for liquidity addition; 4. Any excess BNB will be refunded; 5. Pre-sale tokens will be fairly distributed according to contribution proportions. The official reminder states that only contract addresses published through the official X account are valid; do not trust other sources. Transfers made directly through exchanges will also count towards distribution. -Original

7. Major ETH Holders Continue to Accumulate

Santiment reported that major holders of Bitcoin consist of wallets holding between 10 to 100,000 BTC, currently accounting for 67.77% of the total cryptocurrency supply. During the market volatility in April, these wallets continued to accumulate, having added over 53,600 BTC since March 22. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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