Daily | Binance Launchpool launches Initia (INIT); Trump says Powell should follow the example of the ECB rate cut

Reprinted from chaincatcher
04/17/2025·13DCompiled by: Jerry, ChainCatcher
Important information:
- US SEC will hold its third roundtable for crypto policy on April 25 to focus on crypto asset custody issues
- Binance's second batch of voting coin activities ended, FTT ranked first in the share of votes
- Musk was exposed to send a private message to cryptocurrency internet celebrity to ask for a child but was rejected
- Binance CEO: It has contacted many countries to help develop crypto regulatory frameworks and help some countries build strategic reserves
- Binance Launchpool launches Initia (INIT)
- Trump: Powell should follow the example of the ECB rate cut and terminate Powell's term as soon as possible
“What important events have happened in the past 24 hours”
According to crypto journalist Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) announced that it will hold its third roundtable for crypto policy on April 25, focusing on the custody of crypto assets. The meeting will have two groups to discuss issues related to brokerage dealers and wallet custody, investment consultants and investment company custody.
The brokerage proprietor group members include Jason Allegrante of Fireblocks, Rachel Anderika of Anchorage, Terrence Dempsey of Fidelity, Mark Greenberg of Kraken, Veronica McGregor of Exodus, Brandon Russell of Etana Custody, and Tammy Weinrib of Copper.
Binance 's second batch of voting coin activities ended, FTT ranked first in the share of votes
Binance's second batch of voting coin activities have ended. The results show that FTT ranked first with 11.1% of votes, followed by ZEC and JASMY (both 8.6%), GPS (8.2%) and PDA (7.6%).
According to Cailianshe Silicon Valley NEWS, foreign media reported that cryptocurrency internet celebrity Tiffany Fong received attention from Musk during the reporting of the downfall of the FTX exchange. As Fong released more content supporting Trump, Musk's interactions with her began to increase and followed her last summer. As part of the creator's earnings share plan, Fong earned $21,000 in two weeks during the most frequent interactions in November last year.
About that time, Musk, who had never met before, sent a private message to Fong asking if she was interested in having a baby for him. Fong rejected the request and disclosed it to others. Musk then accused her of being cautious enough and removed her attention.
Binance CEO Richard Teng told the Financial Times that under President Trump, the U.S. has taken a more friendly attitude towards cryptocurrencies, including plans to establish a digital asset regulatory framework and national reserves, which is spurring other countries to take similar actions. Binance has approached many countries to help them develop a cryptocurrency regulatory framework. But he declined to disclose a list of countries that he worked with.
Richard Teng said that Binance is currently helping some countries establish national strategic digital asset reserves. Nearly a quarter of Binance’s 6,000 employees are engaged in compliance and will continue to invest heavily in the field.
Earlier this month, both Pakistan and Kyrgyzstan announced that Binance founder Changpeng Zhao had begun advising them on crypto regulations and the use of blockchain technology.
Binance Launchpool launches Initia (INIT)
Binance Launchpool will launch the 68th phase project Initia (INIT), an L1 blockchain that unites application chains through intertwined infrastructure and coordinated economic mechanisms to unleash their full value.
Users can invest BNB, FDUSD and USDC into the INIT reward pool on the Launchpool website after 08:00 on April 18, 2025 (East Eighth Time), with the event duration of a total of 6 days.
Binance will list Initia (INIT) on April 24, 2025 at 19:00 (East Eighth District Time), and opens INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD and INIT/TRY trading markets, with seed label trading rules applicable.
US President Trump posted on social media that "the ECB is expected to cut interest rates for the seventh time, but the "always too late" Fed Chairman Jerome Powell, a person who has always acted slowly and misjudged, once again showed a typical "chaotic" situation.
Oil prices are falling, groceries, and even eggs are falling, and the United States is taking huge gains from tariffs. Powell should have cut interest rates as early as the European Central Bank, but he should have cut rates even now. Terminate Powell's term as soon as possible! ”
“What are some great articles worth reading in the past 24 hours”
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Powell reiterated that Trump's policies such as tariffs have put the economy in high uncertainty, and the Fed must wait until the situation is clearer before considering interest rate cuts and avoiding the long-term push of inflation.
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Once the proposal was issued, it sparked heated discussions from the community, with some expressing support, and some deeming the plan meaningless as a damage to the interests of the DAO.
Meme Popular List
According to the market data of Meme token tracking and analysis platform GMGN , as of April 17, 19:50:
The top five popular Ethereum tokens in the past 24h are: ETH IS FOR EVERYONE, LCAI , AvA, CRV, COCORO
The top five popular tokens in the past 24h are: TRUMP, TRENCHCOIN, Jackpot , QUAKK, Minecraft
The top five popular tokens in the past 24h Base are: DRB, VIRTUAL, degeninme, BOBR, KAPIBALA