
In a notable shift in federal communication strategy, the Social Security Administration (SSA) has announced its transition to the X social platform as its primary communication channel. This decision, revealed
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Crucial Economic Events This Week: How They Could Impact Cryptocurrency Markets

Navigating the volatile world of cryptocurrency requires more than just technical analysis and chart reading. Keeping a close eye on broader economic indicators and events is equally, if not more, crucial . This week is packed with potentially market-moving announcements and speeches from key figures at the Federal Reserve and other central banks. For crypto investors, understanding these economic events is paramount to anticipate market shifts and make informed decisions. Let’s dive into the key events happening this week that could ripple through the crypto sphere. Navigating the Week’s Economic Calendar: Why it Matters for Crypto Why should crypto enthusiasts care about traditional economic events ? The answer is simple: correlation and market sentiment. While cryptocurrency markets operate 24/7 and are often perceived as detached from traditional finance, they are increasingly influenced by macroeconomic factors. Interest rate decisions, inflation data, and statements from central bankers can significantly impact investor risk appetite, which in turn affects the flow of capital into and out of crypto assets. This week’s calendar is particularly dense with events that could provide clues about the future direction of monetary policy and economic health, both of which are vital for cryptocurrency market trends. Here’s a breakdown of the key economic events scheduled this week, with timings in UTC to keep you synchronized: Monday, April 14: FOMC Voices Begin to Speak The week kicks off with a trio of speeches from Federal Open Market Committee (FOMC) members. These speeches are closely watched as they can offer insights into the Fed’s thinking on the current economic situation and potential future policy moves. 16:00 UTC: FOMC Member Barkin Speaks – Thomas Barkin, President of the Federal Reserve Bank of Richmond, will be sharing his perspectives. Market participants will be keen to analyze his remarks for any hints about the Fed’s stance on inflation and interest rates. 22:00 UTC: FOMC Member Harker Speaks – Patrick Harker, President of the Federal Reserve Bank of Philadelphia, follows later in the day. His views, particularly on regional economic conditions and labor markets, can provide a broader understanding of the US economic landscape. 23:40 UTC: FOMC Member Bostic Speaks – Raphael Bostic, President of the Federal Reserve Bank of Atlanta, concludes Monday’s FOMC speaker lineup. Bostic’s commentary is often scrutinized for his perspectives on economic inequality and inclusive growth, alongside traditional monetary policy views. Tuesday, April 15: More Fed Insights The FOMC speaker circuit continues into Tuesday, offering further opportunities to gauge the Fed’s current sentiment. 15:35 UTC: FOMC Member Barkin Speaks (Again) – Another appearance from Thomas Barkin might offer further clarity or elaboration on points he raised on Monday. Consistent messaging or shifts in tone will be closely monitored. 23:10 UTC: Fed Governor Lisa Cook Speaks – Federal Reserve Governor Lisa Cook’s speech is particularly noteworthy. As a Governor, her views carry significant weight in shaping Fed policy. Her insights on inflation, employment, and financial stability will be keenly analyzed by the markets. Wednesday, April 16: Powell’s Address – Will it Set the Tone? Wednesday brings the most anticipated event of the week – a speech from the top central banker himself. 17:15 UTC: Federal Reserve Chair Jerome Powell Speaks – Jerome Powell’s speech is the headline event. His words have the power to move markets significantly. Traders and investors across all asset classes, including cryptocurrency, will be hanging on every word for signals about the Fed’s future policy path, particularly regarding interest rates and inflation control. Will he maintain a hawkish stance, hinting at further rate hikes, or will he lean dovish, suggesting a pause or even potential rate cuts in the future? The market’s reaction will be immediate and potentially volatile. Thursday, April 17: Interest Rates and Jobless Data in Focus Thursday is a crucial day with two major interest rate decisions and key employment data releases. 01:00 UTC: South Korea Interest Rate Decision (Apr.) – While geographically distant, South Korea’s interest rate decision can offer insights into global economic trends and central bank thinking. Emerging market rate decisions can sometimes foreshadow broader global monetary policy shifts. 12:30 UTC: U.S. Initial Jobless Claims – U.S. jobless claims are a timely indicator of the health of the labor market. Higher-than-expected claims could signal a slowing economy, potentially leading to a more dovish stance from the Fed, which could be positive for risk assets like cryptocurrencies. Conversely, lower claims could reinforce the Fed’s hawkish stance. 13:15 UTC: EU ECB Interest Rate Decision (Apr.) – The European Central Bank’s (ECB) interest rate decision is a major event for global markets. The Eurozone’s economic health and the ECB’s monetary policy significantly impact global financial conditions. Any surprises in the ECB’s decision or forward guidance can trigger volatility across markets, including crypto. 15:45 UTC: Fed Vice Chair for Supervision Barr Speaks – Michael Barr, Fed Vice Chair for Supervision, will be speaking later in the day. His remarks are particularly relevant for the financial sector, and any comments on financial stability and regulation could indirectly impact cryptocurrency markets, especially concerning regulatory clarity and institutional adoption. Friday, April 18: Good Friday – A Quieter Day? Friday marks Good Friday in the U.S., a public holiday. This typically means reduced trading volumes in traditional markets, but cryptocurrency markets remain open 24/7. However, the holiday in traditional finance centers could still lead to lower liquidity and potentially increased volatility in crypto markets due to thinner order books. Holiday U.S. Good Friday – U.S. markets are closed. Be mindful of potentially lower liquidity in crypto markets. 15:00 UTC: FOMC Member Daly Speaks – Even on a holiday, FOMC members continue to engage. Mary Daly, President of the Federal Reserve Bank of San Francisco, is scheduled to speak. Her perspectives on the labor market and inflation, particularly from a West Coast perspective, can add further nuance to the overall Fed outlook. Actionable Insights for Crypto Investors So, how can crypto investors use this information to their advantage? Stay Informed: Keep an eye on financial news outlets for real-time updates and analysis of these economic events . Manage Risk: Be prepared for potential market volatility around these announcements, especially Powell’s speech and the interest rate decisions. Consider adjusting your trading positions and risk management strategies accordingly. Listen for Nuances: Pay attention to the tone and language used by FOMC members. Are they sounding more hawkish or dovish? Look for keywords and phrases that might indicate future policy shifts. Consider Global Impact: Remember that these events have global repercussions. The US Fed and ECB’s actions influence global financial conditions, which in turn affect cryptocurrency markets worldwide. Conclusion: Navigating Economic Winds in the Crypto Seas This week presents a wealth of economic events that could significantly influence the cryptocurrency market. From FOMC member speeches to crucial interest rate decisions and jobless claims data, staying informed and understanding the potential impact of these events is vital for navigating the crypto seas. Jerome Powell’s speech on Wednesday stands out as a potentially market-moving event. By closely monitoring these developments and adapting your strategies accordingly, you can better position yourself to capitalize on opportunities and mitigate risks in the dynamic world of cryptocurrency. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. CoinOtag

Mantra (OM) Price Crashes 90% in an Hour: CEO Provides Explanation
It’s not often that we see multi-billion dollars worth of market capitalization being erased in a matter of hours. This was the case with Mantra (OM). The protocol, which was largely considered as one of the best RWA crypto projects in 2025 went through a massive crash, which erased 90% of its market value in less than an hour. Source: CoinGecko The OM price went from above $6 to below $1 in a moment, while liquidations surpassed $70 million, according to data from Coinglass. Speaking on the matter was JP Mullin, co-founder and CEO of the protocol, who explained: We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders. The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice. Sherpas, OMies, and broader crypto community, First off, the team and I greatly appreciate the support that we have received over the past several hours, which we believe is a testament to the strong support MANTRA has among its investors and community. We have determined that… — JP Mullin (, ️) (@jp_mullin888) April 13, 2025 The post Mantra (OM) Price Crashes 90% in an Hour: CEO Provides Explanation appeared first on CryptoPotato . CoinOtag