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 …
Cryptocurrency News
April, 2025
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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 …
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9 April
Dubai Goes Digital: Real Estate Registry Meets Tokenization
In a groundbreaking move that bridges traditional real estate and blockchain technology, Dubai government agencies are collaborating to connect the city’s real estate registry with property tokenization platforms—marking a major step forward in the emirate’s smart city ambitions. The initiative is led by the Dubai Land Department (DLD) in coordination with key local regulatory and technology entities. It aims to …
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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 …
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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, …
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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 …
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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 …
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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. …
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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 …