City of Philadelphia Will Reinstate an Indoor Mask Mandate

With new coronavirus cases low but rising sharply in recent days, the city of Philadelphia announced on Monday that it will reinstate an indoor mask mandate a little more than a month after lifting it, becoming the first major U.S. city to do so.

“This is our chance to get ahead of the pandemic,” said Cheryl Bettigole, the city’s health commissioner, in a news conference. She acknowledged that the average number of daily new cases, currently at 142, is still nowhere near what it was at the beginning of the year, when the Omicron variant was pushing the seven-day average to nearly 4,000.

But she said that if the city failed to require masks now, “knowing that every previous wave of infections has been followed by a wave of hospitalizations, and then a wave of deaths, then it will be too late for many of our residents.” Over the past week, the city reported that the number of residents who had died of Covid-19 passed 5,000.

The mandate will go into effect next week. A spokesman for the city’s health department said it would end when case numbers and rates go beneath a certain threshold.

The decision comes as cases are ticking up across the country, fueled by the highly transmissible Omicron subvariant, known as BA.2. While the national increase is so far relatively small — about 3 percent over the last two weeks — the growth in cases in Northeastern cities like New York City and Washington, D.C., has been significantly steeper. Some colleges in the Northeast, including Columbia, Georgetown and Johns Hopkins, have reinstated indoor mask mandates in recent days.

Speaking at a virtual news conference on Monday afternoon, Mayor Eric Adams of New York City said that he would follow the advice of his health team in making any determination on reinstating mask mandates in spite of his positive test result on Sunday, rising virus cases in the city and Philadelphia’s decision.

“I am not special as being the mayor. What happens to me personally should not determine how I make policies,” Mr. Adams said. “It should be what happens to the City of New York.”

“I feel fine, no fever, no running nose, no aches and pains,” the mayor said, adding that with his health history of diabetes, “I would probably have had different outcomes if I was not vaccinated and boosted.”

Under Philadelphia’s Covid response plan, mitigation measures are triggered when caseloads or case trajectories pass certain thresholds. Since early March, as Omicron swiftly receded, the city had been at Level 1, or “all clear,” meaning most mandatory measures — including indoor mask mandates as well as proof-of-vaccine requirements in restaurants — had been lifted. Masks have no longer been required at city schools, though people visiting hospitals or riding public transportation still have had to wear them.

The indoor mask mandate is reinstated automatically when the city rises to Level 2, in which average new daily case counts and hospitalizations are still low but “cases have increased by more than 50 percent in the previous 10 days.” The health departments spokesman said over the last 10 days case the average number of news cases had risen nearly 70 percent.

Philadelphia’s system “allow us to be clear, transparent and predictable in our response to local Covid-19 conditions,” said Mayor Jim Kenney in a statement after the announcement was made. “I’m optimistic that this step will help us control the case rate,” he added.

The city’s decision is at odds with the recommendation from the Centers for Disease Control and Prevention. Basing its designation on hospital admissions among other benchmarks, the C.D.C. considers Philadelphia to have a “low” community level, and thus does not advise required masking.

Asked about the difference, Dr. Bettigole emphasized that “local conditions do matter” in making these decisions, and brought up the inequities in the virus’s impact. “We’ve all seen here in Philadelphia, how much our history of redlining, history of disparities has impacted, particularly our Black and brown communities in the city,” she said. “And so it does make sense to be more careful in Philadelphia, than, you know, perhaps in an affluent suburb.”

Jeffery C. Mays contributed reporting.

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Coinbase to increase transparency on potential 2022 listings

America’s largest crypto exchange, Coinbase, announced a long list of tokens it could potentially list in the second quarter of 2022 in an effort to increase transparency.

An April 12 blog post from the exchange includes a list of tokens under consideration, but notes that other tokens may be under consideration but not specifically mentioned. Among those on their radar are 45 ERC-20 tokens on the Ethereum (ETH) network, and five SPL tokens on the Solana (SOL) network.

Some of the tokens with a relatively large market cap are Binance USD (BUSD), which is the third-largest stablecoin on the market, and one of the largest DAO projects BitDAO (BIT) which boats a market cap of just over $1 billion at the time of writing according to CoinGecko data.

The exchange stated that its new approach toward token listings will also provide “as much information symmetry as possible.” Information symmetry promotes efficiency and fairness within a market.

It also reduces the chances for a pump and dump scenario on listing day as the retail trading frenzy can be mitigated by advanced knowledge of a listing. While it is far more common on other centralized and decentralized exchanges, Coinbase has had its share of such price action on coins it lists. In 2020, OMG Network (OMG) pumped 200% within 15 minutes of being listed on Coinbase and crashed moments later.

Crypto projects are aware of the attention a Coinbase listing, or even just the potential one can bring. The relatively small decentralized finance (DeFi) data tokenizer Big Data Protocol (BDP) with a $3.3 million market cap according to CoinGecko tweeted delight today that Coinbase was giving it looks at potentially being listed.

However, while the increased transparency may be a boon for investors and projects, the seasoned crypto trader from Twitter account @12yearoldwithcc believes the potential listings are lackluster. The account tweeted today that “Coinbase is in their flop era.”

Related: Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity

Other investors may not even have noticed Coinbase’s new transparency efforts yet as many are focused on the exchange’s intention to produce a series of three films about the Bored Ape Yacht Club (BAYC) nonfungible token (NFT) collection.

Some in the crypto community are perplexed by the $10,000 deal Coinbase has offered BAYC holders for the rights to use their ape in the films, with some even warning that they should not accept it.

In all, it has already been a turbulent week for the exchange as it launched trading services in India for the first time on April 8 but abruptly suspended buy order services under pressure from local payment service regulators on April 11.



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Miya Ponsetto Pleads Guilty to Tackling Black Teen at SoHo Hotel

A California woman who tackled a Black teenager at a SoHo hotel after falsely accusing him of stealing her cellphone pleaded guilty on Monday to a felony hate crime charge stemming from the altercation. Parts of it were captured in a widely seen video.

Under the terms of her plea, the woman, Miya Ponsetto, 23, avoided jail time and can enter a new plea to a lesser, misdemeanor charge without a hate crime element if she completes her probation in a case of driving while intoxicated in California. She must also continue counseling and have no encounters with the criminal justice system for the next two years, officials said.

The hotel episode was a high-profile example of the kind of false accusation Black people routinely confront in New York and elsewhere. It came several months after a white woman called 911 to falsely claim that a Black bird-watcher in Central Park was threatening her life. (Last year, a lawyer for Ms. Ponsetto said that she is of Puerto Rican and Vietnamese descent.)

In a statement announcing Ms. Ponsetto’s plea, Alvin Bragg, the Manhattan district attorney, highlighted what he said was her “outrageous behavior” in tackling Keyon Harrold Jr., the 14-year-old son of a prominent jazz musician, in the lobby of the Arlo Hotel in December 2020.

“As a Black man, I have personally experienced racial profiling countless times in my life, and I sympathize with the young man victimized in this incident,” Mr. Bragg said in the statement. “This plea ensures appropriate accountability for Ms. Ponsetto by addressing underlying causes for her behavior and ensuring this conduct does not reoccur.”

Ms. Ponsetto’s lawyer, Paul D’Emilia, said in a statement that he and his client “were pleased that today’s proceeding brought this unfortunate misunderstanding closer to a final resolution.”

“We are appreciative of the district attorney’s thoughtful and empathetic approach to finding an acceptable conclusion,” Mr. D’Emilia added in the statement, “especially in light of the unreasonable pressure brought to bear by many voices not familiar with the more granular details of what occurred that evening.”

The “many voices” comment was an apparent reference to the angry public outcry the episode touched off when the video capturing parts of it began to ricochet across social media shortly after the altercation occurred on Dec. 26, 2020.

The video was filmed by the jazz trumpeter Keyon Harrold, who was staying at the Arlo with his son. The two had just come down to the hotel’s lobby for brunch when Ms. Ponsetto, whom they did not know, accosted them.

The video shows tensions escalating quickly, with Ms. Ponsetto insisting that the teenager has the phone and yelling at father and son, as Mr. Harrold insists that she is in the wrong.

“No,” she can be heard yelling. “I’m not letting him walk away with my phone!”

The video also shows a man who identifies himself as a hotel manager saying he is “trying to help” while appearing to confront the teenager about the phone.

Separate footage captured by a hotel security camera shows Ms. Ponsetto tackling the teenager. The phone was later found and returned by an Uber driver.

Ms. Ponsetto, who fled from the hotel, was arrested in California about 10 days later, but not before participating in a nationally televised interview that quickly turned from an opportunity to apologize into an exercise in making excuses.

In an interview with The New York Times shortly after the hotel episode, Mr. Harrold said the events had left him “shellshocked.”

“I wonder what would happen if it were different, if it were a Black woman and there was a white 14-year-old,” he added in the interview. He also condemned the way the hotel manager had confronted his son: “They assumed he was guilty.”

The hotel subsequently issued a statement in which it apologized to Mr. Harrold and his son, saying it was “deeply disheartened about the recent incident of baseless accusation, prejudice and assault against an innocent guest.”

The original charges in the case did not include hate crimes, but the district attorney’s office added two counts of second-degree unlawful imprisonment as a hate crime last year. Ms. Ponsetto pleaded not guilty at the time.

On Monday, she pleaded guilty to one count of second-degree unlawful imprisonment as a hate crime. If she adheres to the plea’s terms, she will be allowed to plead guilty to second-degree aggravated harassment in two years.

In his statement, Mr. D’Emilia said that it was “Ms. Ponsetto’s wish that Keyon Harrold accepts her regrets and apology for her behavior that evening, and that all involved can move forward with added insight and compassion.”

Reached on Monday, Mr. Harrold said that such an apology was inadequate for his son having been “wrongfully and aggressively attacked in the lobby of the Arlo Hotel” in an “unprovoked assault,” and that it “minimizes the trauma that Keyon, Jr. continues to feel.”

“However,” he added, “we not only blame Ms. Ponsetto for the attack but the Arlo Hotel for allowing it to escalate and to go on unabated.”

Mr. Harrold has sued Ms. Ponsetto; the hotel; the company that owns it, Quadrum Global; and the manager over the episode, which Mr. Harrold describes in court papers as “yet another instance of African Americans being harmed by baseless accusations while going about their daily life.”

Quadrum’s media department did not immediately respond to a request for comment.

Jonah E. Bromwich contributed reporting.

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Zelensky Responds to Apparent Russian Threat of Chemical Weapons Use

President Volodymyr Zelensky of Ukraine in his latest address seized on an apparent Russian threat to use chemical weapons against the remaining defenders of Mariupol, as they prepare for what he called a “new stage of terror against Ukraine.”

Mr. Zelensky’s comments came after Eduard Basurin, a spokesman for the Kremlin-backed, separatist Donetsk People’s Republic, said on Russian television that Russia should bring in “chemical forces” to use in Mariupol, the besieged southern city. He said the remaining Ukrainian forces in Mariupol were dug in at a steel plant and that Russia should encircle it and “smoke out the moles.”

Referring to those remarks, Mr. Zelensky said in his latest video address, “We take this as seriously as possible.” The video was posted online Monday in the United States, and shortly after midnight on Tuesday in Ukraine.

Earlier in the day, a Ukrainian unit in Mariupol claimed on social media that Russian invaders had used chemical weapons there. Lesia Vasylenko, a member of Ukraine’s Parliament, made a similar charge. But those reports could not be independently confirmed.

“We are aware of social media reports which claim Russian forces deployed a potential chemical munition in Mariupol, Ukraine,” John F. Kirby, the Pentagon spokesman, said. “We cannot confirm at this time and will continue to monitor the situation closely. These reports, if true, are deeply concerning and reflective of concerns that we have had about Russia’s potential to use a variety of riot control agents, including tear gas mixed with chemical agents, in Ukraine.”

The British Defense Ministry said on Monday that prior use of phosphorous munitions by Russian forces in the Donetsk region in eastern Ukraine “raises in the possibility of their future employment in Mariupol as fighting for the city intensifies.”

The Organization for the Prohibition of Chemical Weapons did not immediately respond to a request for comment on Monday night.

The Ukrainian Parliament said on Monday that it had learned of local reports from the police that Russian forces had fired on nitric acid tanks in the Donetsk region.

In his address, Mr. Zelensky called on Ukrainian allies to help supply “necessary weapons.”

“Unfortunately, we are not getting as much as we need to end this war sooner,” Mr. Zelensky said in a translation of his address shared by his office. “I am sure that we will get almost everything we need, but not only time is being lost. The lives of Ukrainians are being lost — lives that can no longer be returned.”



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2022 WNBA Draft: Complete Results of Every Pick

The 2022 WNBA Draft has come and gone, and the hard work, resilience, and talent of 36 players has been awarded after they were selected by the WNBA’s 12 franchises.

The 26th annual WNBA Draft was held at Spring Studios in New York and was broadcasted on ESPN. The 2022 WNBA Draft was the first in-person W draft since 2019.

Kentucky legend Rhyne Howard went No. 1 overall to the Atlanta Dreams. NaLyssa Smith of Baylor went second off the board to Indiana followed by the Mystics’ decision to draft Shakira Austin third overall out of Ole Miss.

FIRST ROUND:

No. 1 Atlanta Dream: Rhyne Howard — Kentucky

No. 2 Indiana Fever: NaLyssa Smith — Baylor

No. 3 Washington Mystics: Shakira Austin — Ole Miss

No. 4 Indiana Fever: Emily Engstler — Louisville

No. 5 New York Liberty: Nyara Sabally — Oregon

No. 6 Indiana Fever: Lexie Hull — Stanford

No. 7 Dallas Wings: Veronica Burton — Northwestern

No. 8 Las Vegas Aces (From Minnesota): Minnesota Lynx

No. 9 Los Angeles Sparks: Rae Burrell — Tennessee

No. 10 Indiana Fever: Queen Egbo — Baylor

No. 11 Las Vegas Aces: Kierstan Bell — Florida Gulf Coast

No. 12 Connecticut Sun: Nia Clouden — Michigan Sun

Second Round

No. 13 Minnesota Lynx: Khayla Pointer — LSU

No. 14 Washington Mystics: Christyn Williams — UConn

No. 15 Atlanta Dreams: Naz Hilmon — Michigan

No. 16 Los Angeles Sparks: Kianna Smith — Louisville

No. 17 Seattle Storm: Elissa Cunana — NC State

No. 18 Seattle Storm: Lorela Cubaj — Georgia Tech

No. 19 Los Angeles Sparks: Olivia Nelson-Ododa – UCon

No. 20 Indiana Fever: Destanni Henderson — South Carolina

No. 21 Seattle Storm: Evina Westbrook — UConn

No. 22 Minnesota Lynx: Kayla Jones – NC State

No. 23 Las Vegas Aces: Aisha Sheppard — Virginia Tech

No. 24 Connecticut Sun: Jordan Lewis — Baylor

Third Round

No. 25 Indiana Fever: Ameysha Williams-Holiday — Jackson State

No. 26 Phoenix Mercury : Maya Dodson — Notre Dame

No. 27 Los Angeles Sparks: Amy Atwell — Hawai’i

No. 28 Minnesota Lynx: Hannah Sjerven — South Dakota

No. 29 New York Liberty: SIka Kone — Mali

No. 30 Dallas Wings: Jasmine Dickey — Delaware

No. 31 Dallas Wings: Jazz Bond – North Florida

No. 32 Phoenix Mercury: Macee Williams — IUPUI

No. 33 Seattle Storm: Jade Melboure — Australia

No. 34 Indiana Fever: Ali Patberg — Indiana

No. 35 Las Vegas Aces: Faustine Aifuwa — LSU

No. 36 Connecticut Sun: Kiara Smith — Florida

RELATED: After an Illustrious Career at Kentucky, Rhyne Howard is Ready for the WNBA



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Alaska Man Who Threatened to Kill U.S. Senators Gets Nearly 3 Years in Prison

An Alaska man who pleaded guilty to threatening to murder two U.S. senators has been sentenced to 32 months in prison and a $5,000 fine.

The man, Jay Allen Johnson, 65, of Delta Junction, left a total of 17 voicemails laden with threats for Senators Lisa Murkowski and Dan Sullivan, both Alaska Republicans, federal prosecutors said. The voicemails, placed from April to September 2021, were “intended to retaliate” against the two senators for doing their work, prosecutors said.

John E. Kuhn Jr., the U.S. attorney for the District of Alaska, said in a statement after the sentencing on Friday that nothing excused Mr. Johnson’s conduct and that threatening elected officials was “an act that attacks our very system of governance.”

“The erosion of civility in our political discourse will never justify threats or acts of violence,” he said.

Jason Weiner, a lawyer for Mr. Johnson, did not immediately respond to a request for comment on Monday.

In a sentencing memorandum, Mr. Weiner said that Mr. Johnson’s health problems after decades spent performing manual labor, along with pandemic-related “heightened turmoil” and isolation, had contributed to his behavior.

“Between the prescribed narcotics, pain, and self-medicating, Mr. Johnson was not himself,” Mr. Weiner wrote in the memorandum, dated April 1, adding that his client had learned from this experience. “His actions did not take place in a vacuum.”

Senators Murkowski and Sullivan did not immediately respond to requests for comment on Monday.

In September 2021, Mr. Johnson called Ms. Murkowski at least two times, according to court documents. In one message, he said: “I will find out everything, where you’re at. I will find out all your properties and I will burn everything you hope to have, and I will burn everything you hope to own.” He also asked her if she’d ever seen what a .50-caliber shell does to a human head.

He left Mr. Sullivan 13 voicemails, stating in one that he would get his “.50 caliber out” and then hold an online fund-raiser for the shells.

An investigation by the U.S. Capitol Police and Federal Bureau of Investigation traced the calls to Mr. Johnson, and he was arrested on Oct. 4, 2021. While executing a search warrant, F.B.I. agents also seized seven unsecured firearms illegally owned by Mr. Johnson, who has a prior felony conviction in 2016 barring him from possessing guns, prosecutors said.

In January, Mr. Johnson pleaded guilty to two counts of threatening to murder a U.S. official. In addition to his prison time and fine, he has agreed to a three-year federal protective order forbidding him to contact Ms. Murkowski and Mr. Sullivan, their families, and staff members after he is released. Mr. Johnson will also forfeit his guns.

After former President Donald J. Trump was elected in 2016, threats of violence against lawmakers surged. A Times review found clear increases of threats around Mr. Trump’s first impeachment and then after the Jan. 6 attack on the Capitol last year.

There were 9,600 threats against members of Congress last year, a record that was double the previous year’s total, according to the Capitol Police. Callers have left messages detailing various methods to kill lawmakers, from hanging them to shooting them in the head.

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Patricia MacLachlan, ‘Sarah, Plain and Tall’ Author, Dies at 84

“I love their letters,” she told Publisher’s Weekly in 2010. “I saved one from a child, on my refrigerator, and it says, ‘Thank you for writing this book, it was the second greatest book I’ve ever read.’ I love that. And I always wonder what was the first greatest book this child ever read.”

In 2002, Ms. MacLachlan won the National Humanities Medal for her work.

Credit…no credit

Patricia Marie Pritzkau was born March 3, 1938, in Cheyenne, Wyo. Her father, Philo Pritzkau, a native of North Dakota who had taught in Wyoming, was an education professor. Her mother, Madonna (Moss) Pritzkau, was an English teacher and homemaker.

The family moved to Minnesota and later to Storrs, Conn., where her father taught at the University of Connecticut and where Patricia attended high school.

As an only child, she told The Times in the 1986 article, “looking back, I see that I write books about brothers and sisters, about what makes up a family, what works and what is nurturing.”

She earned a bachelor’s degree in education from the University of Connecticut in 1962. She married Robert MacLachlan Jr., a psychologist, the same year. They were together until his death in 2015.

In her later career, Ms. MacLachlan wrote several picture books with her daughter, Emily MacLachlan Charest.

In addition to her son John, Ms. MacLachlan is survived by her daughter; another son, Jamison; and six grandchildren.

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No More ‘Have a Nice Day’: Lviv Learns to Live With War

LVIV, Ukraine — When war came to Ukraine in February, Helen Polishchuk made some adjustments in the six-story bar she manages in central Lviv.

The Mad Bars House in Lviv’s historic central square stayed open, but served coffee and hot food instead of alcoholic drinks. They turned off the rock music. And as displaced Ukrainians began pouring into the city from places devastated by Russian attacks hundreds of miles away, she had instructions for the wait staff.

“When guests leave the restaurant we normally say, ‘Have a nice day,’” she said. Instead she told them they could say something else, like “Glory to Ukraine,” or “We wish you blue skies.”

“Because to say ‘have a nice day’ in this period is stupid,” said Ms. Polishchuk, 33.

Before the Russian invasion of Ukraine at the end of February, Lviv, a historic city just 40 miles from Poland, was a popular European tourist destination, with 2.5 million visitors a year and the biggest jazz festival in Eastern Europe.

Now, instead of tourists, there are displaced Ukrainians fleeing the war-torn east of the country. Lviv and its residents are learning to live with what most now believe will be many months of conflict, if not years.

Several Russian airstrikes have targeted infrastructure here, including a rocket attack on a military training base last month that killed more than 30 people. Air-raid sirens warning of Russian fighter jets breaching the airspace sound several times a day. This small city, though, is still far from the active fighting that has devastated entire cities in the east of Ukraine.

The main challenge for Lviv has been to survive a wartime economy and manage the flood of displaced, traumatized people who are swelling the city’s population.

“We have learned to live in wartime,” said the city’s mayor, Andriy Sadovyi, who has recently lifted some municipal restrictions, including allowing bars and restaurants to sell wine and beer, although not hard alcohol.

Mr. Sadovyi, a former businessman, said that six months before the Russian invasion, he tasked city officials with finding a way to keep water supplies flowing if the electricity failed. They started buying diesel generators, as well as stockpiling medical supplies, and topping up blood banks.

“If I had not been bracing my city for this situation, we would be in a catastrophe right now,” Mr. Sadovyi, dressed in a black hoodie and black sneakers, said in an interview in the 19th-century Viennese-style City Hall. His office’s expansive stone balcony overlooked the market square, where displaced children shrieked with laughter and chased giant soap bubbles blown by a street performer.

Mr. Sadovyi said that civilians fleeing the fighting started coming into Lviv within hours of the invasion — 60,000 of them per day for the first three weeks. Now, with a new Russian advance expected, about 10,000 a day are arriving.

While many are heading across the border to Poland and other European countries, about 200,000 have remained, double the number the city administration was expecting and almost one third the city’s prewar population of 700,000.

Those with money are renting apartments or staying in hotels. But tens of thousands more are in shelters, dependent on aid. The Polish government has donated container homes for 1,000 people that are being set up in a city park. Others are being channeled from Lviv to other communities in Western Ukraine.

“This is a huge strain on our city,” said Mr. Sadovyi, 53. “Basically we have another city within our city.”

The war has sparked remarkable patriotism, and if some local residents note that they can no longer find tables at their favorite cafes or restaurants because they are filled with displaced people, they tend not to complain. Guides lead displaced families on free tours of the city. Passengers on the tourist trolley leaving City Hall are not foreigners these days but Ukrainians.

It makes for an odd juxtaposition. A significant number of the soldiers dying at the front are from Western Ukraine, and there are regular funerals in churches in the city center. On a recent day, the sobbing relatives of a steelworker and his factory colleagues stood outside a cathedral with wreathes of flowers.

Around the edges, longtime residents are trying to preserve some semblance of prewar life.

The Lviv National Opera recently resumed limited events, with snippets of ballet and choir performances. The number of tickets sold is limited to the capacity of the building’s bomb shelter, about 250 people. At the first performance, an air-raid siren sounded, sending audience members and dancers down to the shelter before resuming the show.

“We reopened because we received so many calls and emails from people,” said Ostap Hromysh, the opera’s international relations manager. The messages were apologetic, saying “of course we understand there is a war,” but asking if they had performances anyway.

“If people day by day are faced with sad news about death, about blood, about bombs, they need to feel other emotions,” he said.

At the Mad Bars House, Ms. Polishchuk said they planned to open a rooftop terrace next week, perhaps with nonalcoholic cocktails as well as wine and beer. They are bringing back more of their original 111-person staff.

She said the bar, which in normal times has a dance floor and serves increasingly potent drinks as patrons ascend its six stories, is losing money, but is committed to remaining open. On Sunday afternoon, the first and second floors of the bar were full.

The management has replaced the classic rock entertaining beer drinkers at the ground-floor bar before the war with Ukrainian songs, though on the floor serving wine to customers at tables, Frank Sinatra croons.

“We don’t want to pretend that nothing has happened, we understand that it’s a war,” Ms. Polishchuk said. “But we want to create an atmosphere of somewhere safe.”

On the menu, borscht, the beet soup that had few takers before the war, is now the biggest seller. Ms. Polishchuk said it was patriotism and stress. “We understand that people want comfort foods,” she said.

“Have a nice day” is not the only thing that feels off these days.

“This is not the time for carrot juice and green salads,” Ms. Polishchuk said.

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Bitcoin price dip to $39.2K places BTC back in ‘bear market’ territory

The cryptocurrency market took a turn for the worse on April 11 after concerns related to rising inflation, the prospect of several more interest rates by the U.S. Federal Reserve and fear of a global food shortage led to widespread weakness across global financial markets.

Data from Cointelegraph Markets Pro and TradingView shows that bears broke through the bulls’ defensive line at $42,000 in the early trading hours on Monday to drop Bitcoin (BTC) to a daily low of $39,200 and several analysts project even lower prices in the short-term.

BTC/USDT 1-day chart. Source: TradingView

Here’s a look at what analysts are saying about Monday’s move lower and whether or not traders should expect more downside over the coming days.

$40,000 or bust

The dip below $40,000 was foreshadowed by market analyst Michaël van de Poppe, who posted the following chart on Sunday highlighting the strong move in Bitcoin, but he also warned that “it’s the weekend and we still need to crack this resistance zone.”

BTC/USD 4-hour chart. Source: Twitter

After Monday’s pullback, van de Poppe posted a follow-up tweet addressing the rejection at $43,000 and offering insight into what level to keep an eye on as the next support. According to the trader, “the green zone” in the $43,000 to $44,000 range would need to become support to preserve any blossoming bullish momentum. 

This bear market is “different”

BTC/USD 1-day chart. Source: Twitter

Insight into the confusion that many crypto traders have been experiencing over the past year was provided by decentralized finance advisor and pseudonymous Twitter trader ‘McKenna’, who posted the following chart looking at the Bitcoin price action since April 2021. McKenna said that “this has been the weirdest bear market I’ve seen.”

McKenna said,

“I don’t even think we see sub $30,000, I’m more in favor of just choppy price action in this range which is also hell. Just need corn to chill and let my altcoins run.”

A similar sentiment was expressed by crypto analyst and pseudonymous Twitter user ‘360Trader’, who posted the following chart highlighting the consolidation range Bitcoin has been trading in since last November.

BTC/USD 1-day chart. Source: Twitter

360Trader said,

“Bitcoin consolidation continues… leverage is in control… float still drying up… This ain’t gonna last forever. Just slap a band-aid on and keep pushing.”

Related: Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June

Where does Bitcoin go from here?

A final bit of insight on the future of BTC price was provided by Philip Swift, markets analyst and founder of LookintoBitcoin, who posted the following chart showing the recent price rejection off the 1-year moving average (MA).

BTC/USD 1-day chart. Source: Twitter

According to Swift, the 1-year MA “has acted as a pivot point for bull v. bear markets throughout Bitcoin’s history.”

Swift said,

“Can’t really call it a bull market until we are convincingly back over the 1yr MA.”

The overall cryptocurrency market cap now stands at $1.874 trillion and Bitcoin’s dominance rate is 41.4%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.



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What Happened on Day 47 of the War in Ukraine

Austria’s chancellor visited President Vladimir V. Putin of Russia on Monday — the first Western leader to see him in person since the Ukraine invasion — and said he came away feeling not only pessimistic about peace prospects but fearing that Mr. Putin intended to drastically intensify the brutality of the war.

Describing Mr. Putin as dismissive of atrocities in Ukraine, the visiting chancellor, Karl Nehammer, said it was clear that Russian forces were mobilizing for a large-scale assault in eastern Ukraine’s Donbas region, the next phase of a war now in its seventh week.

“The battle being threatened cannot be underestimated in its violence,” Mr. Nehammer said in a news conference after the 75-minute meeting at Mr. Putin’s residence outside Moscow that the visitor described as blunt and direct.

The Austrian chancellor said he had told the Russian president that as long as people were dying in Ukraine, “the sanctions against Russia will stay in place and will be toughened further.”

The Kremlin, playing down the meeting’s significance in a terse statement, said only that it was “not long by the standards of recent times.”

Even as Mr. Nehammer was visiting, Russian forces were bombarding Ukrainian cities and towns, and President Volodymyr Zelensky of Ukraine said “tens of thousands are dead” in Mariupol, the besieged southern city that has been the scene of the most intense destruction of the war.

Credit…Alexander Ermochenko/Reuters

And Mr. Putin, despite Russia’s military blunders in the war, and for all the Western efforts to ostracize him, still appeared in control of the crisis. He has severely repressed any dissent and benefited from widespread domestic support, continuing revenues from oil and gas sales to Europe, the implicit backing of China and the refusal of much of the world to join sanctions against Russia.

Many commentators in the West had criticized the Austrian chancellor — his country is a member of the European Union but not of NATO — for having visited Moscow at all, seemingly playing into Mr. Putin’s narrative that American-led efforts to isolate Russia would necessarily end in failure.

Mr. Nehammer told reporters afterward that he had tried to confront Mr. Putin with the horrors of war and of the war crimes that Russian troops are accused of having committed in the Kyiv suburb of Bucha and elsewhere. He said he also had told Mr. Putin about the destroyed Russian tanks he saw on a recent visit to Ukraine, to make clear the enormous loss of life that Russia was suffering.

Mr. Nehammer said that Mr. Putin had brushed aside the accusations of war crimes as having been staged by Ukraine.

At the end, Mr. Putin told him: “It would be better if it” — the war — “ended soon,” Mr. Nehammer said, but the meaning of those words was unclear, since they could either signal that Mr. Putin was prepared for further peace talks or that he could be readying a quick and brutal assault in the Donbas, where Russian-backed separatists have been fighting Ukraine’s military since 2014.

“We can have no illusions: President Putin has totally adopted the logic of war, and is acting accordingly,” Mr. Nehammer said. “This is why I believe it is so important to permanently confront him with the facts of the war.”

Credit…Alexander Zemlianichenko/Associated Press

How much more brutal the war could become was signaled in an interview with Eduard Basurin, a separatist commander, aired on Russian state television. Mr. Basurin said that with Ukrainian forces ensconced in underground fortifications at a steel plant in Mariupol, storming the redoubt did not make sense. Instead, he said, Russian forces needed to first block the exits and then “turn to the chemical troops who will find a way to smoke the moles out of their holes.”

Mr. Putin was silent on Monday but was expected to speak publicly on Tuesday, when he will travel to the Vostochny spaceport in Russia’s far east with President Aleksandr G. Lukashenko of Belarus, his ally, to mark the annual Cosmonauts’ Day.

The Feb. 24 invasion of Ukraine has increasingly been framed by Mr. Putin as not against that country, but against the West — specifically, the United States, as the supposed patron of Mr. Zelensky’s government and its aspirations to escape Russia’s sphere of influence as a former Soviet republic.

Sergey V. Lavrov, Russia’s foreign minister, said in a Russian television interview that aired on Monday that what the Kremlin calls its “special operation” in Ukraine is aimed at rolling back American influence — which the Russian government characterizes as the root of the world’s ills.

“Our special military operation is designed to put an end to the reckless expansion, and the reckless course toward complete dominance, of the United States,” Mr. Lavrov said.

The United States and European Union have imposed increasingly severe economic sanctions on Russia over the invasion and are sending weapons to Ukraine’s military. But they do not want to get drawn into a war with Russia. And the European Union remains reluctant to ban Russian oil and natural gas, which remain critical to the bloc’s own economic health.

E.U. foreign ministers met on Monday in Luxembourg and the bloc’s foreign policy chief, Josep Borrell Fontelles, said that “nothing is off the table, including sanctions on oil and gas.”

Credit…Pool photo by Chung Sung-Jun

While ministers discussed a possible phaseout of Russian oil, more easily replaceable from other suppliers than gas, the meeting also laid bare the bloc’s divisions. Austria, Hungary and Germany opposed any effort, for now, to restrict Russian gas imports.

Still, European Union leaders were expected to approve another 500 million euros in funds to repay member states for sending weapons to Ukraine, which would mean a total of 1.5 billion euros so far — nearly equivalent to the $1.7 billion in weapons that the United States has authorized.

Russian troops, having retreated from northern Ukraine after a failed effort last month to reach the capital, Kyiv, have been resupplying and regrouping in Russia and Belarus so they can join the battle in eastern Ukraine. But Western officials said on Monday that effort may still take some time.

Ukrainian officials have been warning since last week that civilians in east Ukraine should flee while they can. Mr. Zelensky warned that tens of thousands of Russian troops were preparing a renewed assault there.

If and when the southern port city of Mariupol finally falls, Russian troops can move north to meet up with Russian troops attempting to move south from Izyum and try to encircle the bulk of Ukraine’s army, which is concentrated further east, said Mathieu Boulègue, an expert on the Russian military at Chatham House, the London research institution.

Credit…Reuters

That is easier said than done, Mr. Boulègue said, as the battered Russian troops await reinforcements. The Ukrainians, he said, were trying to block the Russians and organize a counterattack that would be more complicated than the fighting around Kyiv, which had forced the Russians to retreat.

Given the reports of Russian atrocities at Bucha, Kramatorsk, Mariupol and other cities, negotiations between the Ukrainian and Russian governments are on hold.

But few believe that the antagonists are ready for real talks, because Mr. Putin needs to show more military gains and because the Ukrainians believe that they can still repel the Russians, said Ivo Daalder, former U.S. ambassador to NATO.

“The Ukrainians think they have an opportunity not just to prevent Russia from gaining more ground in the east but expelling them from there, while Putin needs to find something he can sell as a victory,” Mr. Daalder said. “So diplomacy is not going anywhere.”

If and when talks on a settlement finally occur, Mr. Putin will inevitably be part of them, said François Heisbourg, a French defense expert. Diplomats deal with leaders of governments, no matter how distasteful, he said.

The West also hopes that increasing economic pain will encourage Mr. Putin to scale down the war and end it. Russia is already is “deep recession” and its economy is expected to shrink by 11 percent this year, the World Bank reported.

Credit…Kirill Kudryavtsev/Agence France-Presse — Getty Images

But the impact is severe on Ukraine, too. The bank forecast that Ukraine’s economy would shrink by about 45 percent this year because of the Russian invasion and the impact of a “deep humanitarian crisis.”

Mr. Putin originally named one goal of the war as the “denazification” of Ukraine, falsely labeling as Nazis those who resist Russian domination. An article on Monday in a Russian state newspaper, Parlamentskaya Gazeta, written by an adviser to the chairman of Russia’s lower house of Parliament, expanded on that concept to define the enemy as “Ukrainian-American neo-Nazism.”

The fight also included a “cold war” against enemies of the state inside Russia, the article said, adding: “The denazification of Ukraine is impossible without a parallel denazification of Russia.”

It was the latest sign that, even as the war in Ukraine rages, Mr. Putin is priming his security apparatus for an ever-widening intolerance for dissent. The crackdown has accelerated in recent weeks, with pro-war Russians turning in teachers and neighbors who speak out against the war.

Last Friday, Russia closed some of the last remaining independent institutions of civil society, including the Carnegie Moscow Center and the Moscow offices of Human Rights Watch and Amnesty International. It expanded the practice of naming government critics as “foreign agents,” for the first time adding a popular musician to the list: the rapper Ivan Dryomin, 25, who goes by the name Face.

Credit…Sergey Ponomarev for The New York Times

Steven Erlanger reported from Brussels and Anton Troianovski from Istanbul. Reporting was contributed by Monika Pronczuk in Brussels.

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