Cryptocurrency News

April, 2025

• 9 April

  Crypto Controversy: Argentina Lawmakers Greenlight Libra Scandal Inquiry

  

  Argentina’s Congress has officially approved an inquiry into several government officials allegedly linked to a growing scandal involving the controversial Libra token project, reigniting debates over transparency, digital assets, and political accountability. The parliamentary commission was greenlit following mounting public pressure and media reports suggesting that certain high-ranking officials may have had undisclosed financial interests or policy involvement in the …
• 9 April

  Mining Under the Microscope: Russia Rolls Out Tax Tool for Crypto Miners

  

  Russia is stepping up its oversight of the crypto mining industry with the release of a new government-backed tax calculator aimed at helping miners report profits and comply with national tax obligations. Unveiled by Moscow’s Federal Tax Service, the tool allows individuals and businesses involved in digital asset mining to estimate their taxable income based on mining output, energy consumption, …
• 9 April

  ETF Exodus: Bitcoin Funds See $326M Pulled in Ongoing Retreat

  

  Bitcoin spot exchange-traded funds (ETFs) are facing sustained pressure as investors withdrew a combined $326 million over the past four trading sessions—marking the fourth straight day of net outflows. The downturn reflects a broader cooling in sentiment across crypto markets, as macroeconomic uncertainty, geopolitical tensions, and a recent price slump weigh on risk appetite. The outflows are largely concentrated in …
• 9 April

  Tariff Shock: White House Hikes China Duties 104%, Bitcoin Slips

  

  In a dramatic escalation of trade tensions, the White House has announced a 104% increase in tariffs on select Chinese imports, reigniting fears of a global economic slowdown. The move sent ripples through financial markets—including crypto, where Bitcoin (BTC) dropped 3% in early trading. The tariff hike, which targets a wide range of goods from electronics to industrial components, is …
• 9 April

  Binance Boss: Trump’s Trade Moves Could Ignite Crypto Wave

  

  As former U.S. President Donald Trump ramps up his rhetoric around renewed tariff policies, Binance CEO Richard Teng believes the fallout could accelerate global interest in cryptocurrencies. Speaking at a recent fintech conference, Teng pointed to rising geopolitical and economic uncertainty—particularly the potential for tariffs to disrupt markets and devalue fiat currencies—as a catalyst for increased adoption of digital assets. …
• 9 April

  No Safe Haven: Bitcoin, Ether Falter Amid Global Trade Strain

  

  Cryptocurrencies extended their decline this week as mounting global trade tensions and fears of prolonged tariffs sent shockwaves through risk assets. Bitcoin (BTC) and Ether (ETH), often touted as alternative hedges, failed to escape the market-wide pullback. As of Tuesday morning, Bitcoin was down over 4% on the week, slipping below the $65,000 mark, while Ether fell nearly 6%, trading …
• 9 April

  ESMA Signals Red: Crypto Could Rock Financial Stability Amid Geopolitical Strain

  

  The European Securities and Markets Authority (ESMA) has issued a stark warning on the potential risks posed by crypto assets, highlighting their capacity to exacerbate financial instability in the face of mounting geopolitical pressures. In its latest Trends, Risks, and Vulnerabilities (TRV) report, ESMA points to the increased interconnectedness between the traditional financial system and digital asset markets, noting that …
• 9 April

  Ukraine’s New Crypto Rule: 18% Income Tax in Effect

  

  Ukraine has introduced a new tax framework targeting virtual assets, setting an 18% income tax rate on crypto-related gains—bringing digital assets in line with traditional income sources. The legislation, recently signed into law, marks a significant step toward formalizing Ukraine’s approach to digital assets, both as an economic opportunity and a taxable commodity. Under the new rule, individuals and businesses …
• 9 April

  $1.25B Deal: Ripple Charts New Course with Hidden Road Buy

  

  In a move signaling its growing ambitions beyond payments, Ripple has agreed to acquire prime brokerage firm Hidden Road for $1.25 billion, marking one of its most significant deals to date. The acquisition, confirmed earlier this week, positions Ripple squarely in the institutional trading arena, adding deep liquidity, prime brokerage services, and infrastructure capabilities to its expanding portfolio. Hidden Road, …
• 8 April

  Crypto Crossfire: Bitcoin Dips as CZ’s Move & FOIA Lawsuit Make Waves

  

  Bitcoin dipped below the $81,000 mark this week as crypto markets were shaken by a swirl of developments — including former Binance CEO Changpeng “CZ” Zhao’s reported move to Pakistan and a new FOIA (Freedom of Information Act) lawsuit that’s raised fresh questions about U.S. regulatory transparency. After a strong run in Q1 2025, Bitcoin has been hovering in a …