Solana Foundation deposited U into AAVE to help them resolve the bank run issue;
while the Ethereum Foundation sold 10,000 ETH to help Tom Lee complete his hoarding plan.

We use our treasury to support the growth of the Solana economy. That is, definitionally, DeFi.
But economies don’t exist in isolation. For Solana to be healthy, all of defi has to be healthy.
We like competition. We compete hard. But if we zoom out, we’re all pushing toward

Lily Liu

Twitter

Original Author: Zhao Ying
Original Source: Wall Street News

The outcome of the Federal Reserve's April FOMC meeting is almost a foregone conclusion—interest rates will remain unchanged. However, the real focus of this meeting lies in what signals Powell, in his final policy meeting as chairman, will release, and whether the committee will formally convey a hawkish stance that "rate cuts are essentially out of the question."

The Federal Reserve will announce its interest rate decision at 2:00 AM Beijing time on April 30th. The benchmark interest rate is expected to remain unchanged in the 3.5% to 3.75% range. Market consensus is highly consistent, with only Governor Mira...

Tonight, Powell's "last FOMC meeting": likely to remain unchanged, but with a stronger hawkish tone.

Federal Reserve Chair Jerome Powell announced he will stay on the Fed Board of Governors after his term as Chair ends on May 15, 2026, citing an ongoing Department of Justice (DOJ) investigation as th...

Powell to Stay on Fed Board as Governor, Blocking Trump’s Path to Majority

Hawkish signals from the Federal Reserve triggered a sell-off in the cryptocurrency market! The latest FOMC statement sparked panic selling. Bitcoin (BTC) plunged below 7. […]
The article, titled "Bitcoin Drops Below $75,000 in the Short Term, Ethereum Falls Near $2,200! FOMC Hawkish Statement BlockTempo," was originally published on BlockTempo, the most influential blockchain ABMedia media.