The world’s biggest economies are at each other’s throats. China and the US are slapping tariffs left and right like it’s a game of economic dodgeball.
KuCoin Secures Thai SEC License, Launches Crypto Trading in Thailand
KuCoin officially entered the Thai crypto exchange market on April 22 by launching a regulated trading platform under the name KuCoin Thailand.
Michael Saylor Claims New SEC Chair Paul Atkins Signals Strong Bitcoin Shift
Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), said Paul Atkins will be good for Bitcoin.
Crypto casinos are now bigger than the real ones?
And they’re likely dodging the law? Last year, crypto casinos hauled in $81.4 billion in gross gaming revenue, and that’s five times what they pulled in back in 2022.
Unichain just surpassed $322 million TVL
Unichain isn’t just some quiet corner of DeFi anymore. No, sir. This Layer-2 network from Uniswap just blew past $322 million in total value locked as of April 22.
Feds and SEC Uncover $200 Million Crypto Trading Scheme by Ramil Palafox
U.S. prosecutors and the Securities and Exchange Commission (SEC) charged Ramil Palafox for operating a $200 million crypto trading scheme.
Bitcoin Price May Explode Past $200K on ETF and Institutional Demand
Bitcoin price surged past $90,000 on April 22. This came after U.S. spot Bitcoin ETFs recorded the highest net inflows since January. According to CoinGlass, the 11 approved Bitcoin ETFs pulled in over $380 million in net inflows on April 21. These ETF inflows supported the latest rise in Bitcoin price.
Bitcoin ETF inflows have played a growing role in the market since the start of 2024. Analysts now link Bitcoin price changes closely to institutional demand through ETFs. Standard Chartered and Intellectia AI reviewed the impact in their recent reports. They stated that ETF inflows could help push Bitcoin price to $200,000 in 2025.
Institutional Demand Adds to Bitcoin Price Strength
Institutional demand continues to shape the Bitcoin market. Bitcoin price movements now reflect increasing participation from large financial players. According to Bitcointreasuries.net, corporate Bitcoin treasuries hold close to $65 billion worth of BTC. These include large firms using Bitcoin as part of their reserve strategy.
Coinbase and Kraken were also named in the Intellectia AI report as platforms supporting institutional accumulation. Their role in handling large transactions adds to market stability. These firms are helping drive consistent ETF inflows into the Bitcoin market.
Standard Chartered analysts said that macroeconomic conditions are pushing firms toward alternative stores of value. Bitcoin price has responded to these shifts in investor behavior.
Bitcoin and Gold Remain Key Hedge Assets
Bitcoin and gold remain key options for investors seeking to manage geopolitical risk and inflation. A January research note from JPMorgan confirmed this trend. It stated that Bitcoin and gold are now structural parts of many investment portfolios.
However, Binance Research pointed to a shift after April 2, when Donald Trump announced import tariffs. Since then, Bitcoin has moved more in line with equities than gold. The April 7 Binance report noted that this change in correlation could affect Bitcoin’s role as a hedge.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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