Crypto markets surged Thursday following a surprise move by former President Donald Trump, who announced a 90-day pause on newly proposed tariffs for U.S. allies—sending shockwaves through global markets and igniting a rapid rally in digital assets. Bitcoin (BTC) soared past the $82,000 mark for the first time since mid-March, while Ethereum (ETH) and Ripple’s XRP each jumped over 13% …
Business
April, 2025
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10 April
Dogecoin Goes Pro: 21Shares Debuts First ETP on Swiss Exchange
Dogecoin, the internet’s favorite meme coin, just got a major dose of institutional credibility. 21Shares, a leading crypto asset manager, has officially launched the world’s first Dogecoin exchange-traded product (ETP) on Switzerland’s SIX Swiss Exchange, bringing the Shiba Inu-themed token to the heart of Europe’s financial markets. Traded under the ticker DOGE, the new ETP allows investors to gain exposure …
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10 April
Trump Slaps 125% Tariffs on China, Offers 90-Day Reprieve to Allies
Former President Donald Trump has reignited global trade tensions with a bold move that targets China while giving other nations temporary breathing room. In a surprise announcement, Trump unveiled a sweeping 125% tariff hike on all Chinese imports, while granting a 90-day delay for U.S. allies to negotiate exemptions. The move, which Trump characterized as a “corrective action to decades …
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10 April
Fireworks on the Hill: Rep. Troy Downing Grills Gensler Over Crypto Policy
Sparks flew in Washington this week as Rep. Troy Downing delivered a scathing critique of SEC Chair Gary Gensler’s handling of cryptocurrency regulation during a high-stakes House Financial Services Committee hearing. The hearing, which focused on digital asset oversight and regulatory clarity, quickly turned tense as Downing accused Gensler of “regulatory overreach,” lack of transparency, and what he called “a …
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10 April
Thailand Cracks Down: New Rules Target Foreign Crypto Platforms
Thailand is stepping up its fight against crypto-related crime with a bold move to regulate foreign peer-to-peer (P2P) trading platforms, signaling a new phase in the country’s digital asset oversight. The Thai Securities and Exchange Commission (SEC) announced this week that it will implement new regulations targeting offshore crypto platforms operating without proper authorization. The rules will specifically focus on …
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10 April
China Strikes Back: 84% Tariffs on U.S. Goods Sink Bitcoin to $76K
The U.S.-China trade war just escalated in dramatic fashion. In a retaliatory move against newly imposed American tariffs, Beijing announced an 84% blanket tariff on a wide range of U.S. goods—sending shockwaves through global markets and triggering a sharp drop in Bitcoin prices. The Chinese Ministry of Finance issued a statement condemning the United States’ “unilateral and provocative” tariff hike …
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10 April
Volume Vanishes: Bitcoin & Altcoin Trading Slows Amid Market Jitters
Spot trading activity across major cryptocurrencies has seen a noticeable drop, as traders retreat to the sidelines amid heightened market volatility and macroeconomic uncertainty, according to data from CryptoQuant. The on-chain analytics firm reports that both Bitcoin and altcoin spot volumes have hit multi-week lows, signaling a sharp cool-down in trading enthusiasm. The slowdown comes after a rollercoaster week of …
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10 April
Ethereum Milestone: Options Trading on ETH ETFs Gets SEC Nod
In a significant step forward for Ethereum’s integration into mainstream finance, the U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on spot Ethereum exchange-traded funds (ETFs). The move comes just weeks after Ethereum ETFs began trading on major U.S. exchanges, and now traders will have access to more sophisticated tools for hedging, speculation, and …
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10 April
Mining or Misleading? Korean Cops Uncover Gambling Den in Crypto Disguise
In a high-stakes sting operation, South Korean police have raided what appeared to be a legitimate cryptocurrency mining facility—only to uncover an elaborate illegal gambling den operating behind the scenes. Authorities in Incheon reported that the site, which was publicly registered as a crypto mining center, was in fact hosting dozens of unlicensed gambling machines and high-stakes underground games. The …
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10 April
European Blockchain Boost: France and Italy Submit DLT Roadmap to Commission
France and Italy are making a joint push to accelerate blockchain adoption across the European Union, submitting a comprehensive set of recommendations on Distributed Ledger Technology (DLT) to the European Commission. The proposal, developed by financial and digital market regulators from both countries, outlines a strategic roadmap for enhancing Europe’s DLT ecosystem. The recommendations aim to foster innovation, ensure regulatory …