What’s Moving In Crypto Today? April 2025

[Forum Admin]

What’s Moving In Crypto Today? April 2025

 
The crypto market is pulsing with mixed signals—pullbacks, political endorsements, and global traction are all in play.
- Market Cap: $2.78T (+0.8% in 24hrs) — down from last week’s $2.84T.
- Fear & Greed Index: 29 — up from 24 yesterday, but below last week’s 34.
- Bitcoin Dominance: 62%, ETH: 8%, Others: 30% — not much movement.
Bitcoin’s daily trend remains upward as long as it holds support from March 11. After the weekend dip, momentum has paused, but it hasn’t broken. 

Milestone Moments for Upcoming Tokens!
Solaxy ($SOLX) is closing in on $30 million in raised funds, demonstrating consistent traction as a Solana-based Layer 2.
MIND of Pepe ($MIND) is approaching $8 million, building steady momentum in the meme coin space.

Curious about what’s driving these projects? Explore them and more in Upcoming Tokens. Here’s what’s been making news:

U.S. Senator Buys $600K in Bitcoin via ETF
A sitting U.S. senator has purchased $600,000 worth of BTC through an ETF, marking one of the highest-profile endorsements of digital assets by a politician so far. With institutions warming up to crypto again, infrastructure-first projects like Solaxy ($SOLX) are drawing attention for their role in connecting real-world scale to blockchain rails.

BlackRock’s Larry Fink: Dollar May Lose Reserve Status
Larry Fink issued a warning: if the U.S. doesn’t get its debt under control, the dollar risks losing global reserve status — to Bitcoin. This idea is core to narratives driving interest in tokens like BTC Bull ($BTCBULL), which lean into Bitcoin’s future-forward potential.

Trump’s Sons Plan “American Bitcoin”
Donald Trump Jr. and Eric Trump are reportedly preparing to launch “American Bitcoin,” tapping into the growing culture of patriotism in the cryptocurrency space. It’s a crossover moment where politics meets meme coins.

Global Crypto Developments
Japan is working toward reclassifying cryptocurrency as a traditional financial product, a move that could pave the way for broader adoption and enhanced consumer protections in Asia’s third-largest economy.
- According to CoinShares, $226 million flowed into altcoins globally this week, breaking a five-week streak of outflows. Analysts describe the sentiment as “positive but cautious,” suggesting selective optimism is returning to non-Bitcoin assets.

[Forum Admin]

Things Are Moving, Even As the Market Looks Bleak

Prices are pulling back—but confidence is slowly returning. Whether it holds depends on what happens next.

Market Cap: $2.64T (+0.3% over the last 24hrs) — down from last week’s $2.76T
Fear & Greed Index: 25 — up from 24 yesterday, but below last week’s 33
Bitcoin Dominance: 62%, ETH: 8%, Others: 30% — not much movement.

The picture isn’t clear-cut. Sentiment is slightly recovering, but price action hasn’t followed. Let’s check out the latest news stories and Upcoming Token milestones:

Milestone Moments for Upcoming Tokens!
SUBBD ($SUBBD) is now live in Upcoming Tokens. Could you check it out before the scheduled price increase takes effect?
Solaxy ($SOLX) has reached $27.48 million in-app, continuing to draw attention inside Best Wallet.

Curious about what’s driving these projects? Here’s what’s been making news:

Ethereum Locks in Upgrade—But Whales Pull Back
Ethereum developers have confirmed May 7 as the primary net launch date for the Pectra upgrade, a significant update aimed at improving performance and reducing fees. However, not all signals are bullish—whale activity on ETH has decreased by 63.8% since late February. With big players stepping back, the next few weeks could get volatile.

GameStop Completes $1.5B Offering to Fund BTC Reserve
GameStop has completed a $1.5 billion capital raise with plans to allocate those funds toward a Bitcoin reserve, highlighting a continued trend of traditional firms moving into digital assets. With Bitcoin airdrops for holders at higher BTC price milestones, is a project like BTC BULL poised to ride this positive sentiment?

Global Crypto Developments
- Trump announces broad global tariffs, increasing uncertainty across international markets. While not directly tied to cryptocurrency, shifts in trade policy often affect investor risk sentiment and USD volatility—both of which can influence the direction of the crypto market.
- The USDC treasury minted $250 million on the Solana blockchain, highlighting a continued push for cross-chain stablecoin adoption. Solana’s efficiency and low fees are drawing more real-world usage.
- Mastercard plans to enable crypto transactions for its 3.5 billion cardholders worldwide. If rolled out successfully, this could mark a significant step forward in integrating crypto with everyday payments, potentially accelerating mainstream adoption on a global scale.

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Ethereum Hits 2-Year Lows Amid Selloff.
Ethereum (ETH) has fallen sharply, hitting lows not seen in two years amid broad crypto-market turmoil. With network fees down by 59% and transaction volumes plummeting, ETH faces tough questions about its near-term strength. Yet whales remain confident, snapping up millions worth of ETH. Could this volatility spotlight upcoming tokens built for resilience in uncertain markets?

Solana Makes Moves
Solana (SOL) is breaking new ground, with PayPal adding SOL and Chainlink (LINK) to its crypto lineup, vastly expanding its reach. Meanwhile, Solana ETFs look set for approval by May, potentially fueling institutional adoption. As Solana gains mainstream traction, could Solana-based tokens like Solaxy ($SOLX) ride this momentum to new heights?

XRP Faces Sharp Decline in Network Activity
XRP has seen a dramatic 65% drop in network activity, raising concerns about its future growth. Some analysts believe it could bounce back despite the setback with upcoming regulatory clarity. How long will this downturn last, and what could the future hold for Ripple and its loyal community?

Global Crypto Developments
- U.S. President Donald Trump has escalated the trade war, causing ripple effects across global markets and pushing Bitcoin (BTC) down to a low of $75K before rebounding.
- As Bitcoin decouples from U.S. equities, the long-term outlook grows stronger. Some analysts suggest BTC could lead a new financial era, and upcoming tokens available in Best Wallet, like BTC Bull, may be poised to reflect this shift.

[Forum Admin]

It’s been a tense week in crypto. From regulatory reversals in the U.S. to geopolitical shake-ups abroad, sentiment has turned cautious and fast. Bitcoin’s grip on dominance has tightened, even as volatility ruins Ethereum and altcoins.

Market Cap: $2.58T (+1% in the last 24hrs)
Fear & Greed Index: 21 — trending lower from 25 yesterday and last week
Dominance: Bitcoin 63%, Ethereum 7%, Others 30%

With significant policy, price action, and institutional activity moves, here’s your at-a-glance breakdown of what’s driving crypto this week.

Market Rebound or ‘Dead Cat Bounce’?

This week saw one of the most dramatic macro shocks in months. Bitcoin initially tumbled below $77K after U.S. President Donald Trump announced a sweeping new wave of global tariffs. But just as the market began to panic, a 90-day pause on most tariffs sparked a strong bounce — with China singled out for a brutal 125% rate, BTC briefly pushed back above $80K. What will happen next?

Nasdaq Moves to List Avalanche ETF
Another sign that TradFi is leaning into crypto infrastructure is that Nasdaq filed to list the VanEck Avalanche ETF. If approved, it would mark a new chapter in AVAX’s journey toward mainstream exposure, signaling growing institutional interest in Layer 1 alternatives beyond Ethereum.

Global Crypto Developments
- According to VanEck, China and Russia are settling energy trades using Bitcoin to bypass sanctions. The report underscores BTC’s evolving role from a speculative asset to a strategic international settlement tool.
- Trump signed into law a resolution eliminating controversial IRS guidance on DeFi brokers and staking. The change could unlock new momentum for US-based protocols and reduce compliance friction for everyday users.
- The SEC has greenlit options trading tied to spot Ethereum ETFs, indicating a sign of growing institutional appetite despite ETH’s recent price struggles.

[Forum Admin]

Solana ETFs Are Coming
Canada is set to launch the world’s first spot Solana ETFs on April 16. These ETFs will offer direct exposure to SOL and incorporate staking features. Approved by the Ontario Securities Commission, issuers like Purpose, Evolve, CI, and 3iQ will manage these ETFs. They will allow investors to earn staking rewards, potentially enhancing returns compared to traditional crypto ETFs.

MicroStrategy Buys Another $285.8M in BTC.
MicroStrategy, now under the name Strategy, has acquired an additional 3,459 bitcoins for approximately $285.8 million, bringing its total holdings to 531,644 BTC. This purchase, made at an average price of $82,618 per Bitcoin, was funded by selling 959,712 Class A shares.

Global Crypto Developments
- U.S. President Donald Trump met with El Salvador counterpart Nayib Bukele, known for making Bitcoin legal tender. The move signals stronger ties between crypto-aligned leaders as U.S. policy pivots toward pro-BTC legislation.
- Swedish MP Rickard Nordin issued an open letter calling on his country’s finance minister to consider adding Bitcoin to Sweden’s national reserves. The proposal is still early but signals growing global interest in BTC as a sovereign asset.

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Ripple and SEC Case Paused for 60 Days
The U.S. Court of Appeals has granted a 60-day pause in the Ripple vs. SEC case, following a joint request from both parties. This pause, in effect since Wednesday, allows time for settlement discussions and procedural steps, including the anticipated swearing-in of SEC Chair Paul Atkins, who is poised to usher in a new era for the Commission.

$TRUMP Faces $320M Unlock as Price Hits New Lows
U.S. President Donald Trump’s meme coin, $TRUMP, faces a primary token unlock. The unlock will unlock 40 million tokens worth around $320 million, or roughly 20% of the total supply. The unlock was set for April 17 but has faced delays. This uncertainty has dragged the price down, with the token currently at record lows.

Bitwise Lists Four Crypto ETPs on LSE
Asset manager Bitwise has listed four new crypto exchange-traded products (ETPs) on the London Stock Exchange, offering Bitcoin and Ethereum exposure to qualified institutional traders in Europe. The listing includes physical and staking options for both assets, expanding Bitwise’s reach beyond the U.S. market. However, these products are not yet open to retail enthusiasts.

Global Crypto Developments
Secret Service and Canadian officials have taken down a $4.3M Ethereum approval phishing ring that tricked users into signing malicious transactions.
- Kyrgyzstan is legalizing its CBDC (Central Bank Digital Currency), the “digital som,” giving it full legal status as the country prepares for a pilot rollout later this year.
- Russia’s Ministry of Finance suggests the country should develop its stablecoin after US sanctions froze $30M in USDT tied to a local exchange.
- Italy’s Finance Minister warns that US dollar-backed stablecoins could threaten the euro’s dominance more than trade tariffs.

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Strategy Adds Another 6,556 BTC
Strategy (formerly MicroStrategy) has acquired an additional 6,556 BTC for approximately $555.8 million, bringing its total Bitcoin holdings to 538,200 BTC. The purchase was funded through stock sales and reflects the company's ongoing commitment to Bitcoin as a strategic asset.

New SEC Chair Paul Atkins Sparks ETF Hopes
Today, former SEC commissioner Paul Atkins has been sworn in as the new SEC Chairman, replacing Gary Gensler. Known for a more pro-crypto stance, Atkins steps in at a critical time, with over 70 crypto-related ETFs currently awaiting approval. With Atkins at the helm, many in the industry are hopeful that long-delayed approvals could finally move forward.

Vitalik Wants to Rewrite Ethereum’s Core
Ethereum’s co-founder, Vitalik Buterin, wants to replace a key part of the network’s core software, the Ethereum Virtual Machine (EVM), with something called RISC-V. This is a different, more modern tech standard used in many advanced computer systems. If adopted, it could make Ethereum faster, cheaper to use, and easier for developers to build on in the long run.

Global Crypto Developments
- Deutsche Bank and Standard Chartered plan to expand crypto operations in the U.S. following signals of regulatory openness.
- U.S. President Donald Trump has called for Fed Chair Jerome Powell’s removal, triggering volatility in the traditional markets and driving gold higher. Crypto markets, however, remain unfazed as the recovery continues.

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Bitcoin ETFs Attract Nearly $1 Billion in a Single Day.

On April 22, U.S. spot Bitcoin ETFs experienced a substantial net inflow of approximately $936 million. BlackRock's iShares Bitcoin Trust (IBIT) led the charge with $643 million, followed by ARK 21Shares and Fidelity's funds. This influx suggests a strong institutional appetite for Bitcoin exposure through regulated products.

Trump's $TRUMP Coin Holders Invited to Exclusive Dinner
U.S. President Donald Trump's team announced a gala dinner for the top 220 holders of the $TRUMP meme coin, scheduled for May 22 at the Trump National Golf Club. The top 25 holders will receive additional VIP perks. This announcement led to a coin price surge on Wednesday, with significant trading activity observed.

Galaxy Digital Shifts $100M from Ethereum to Solana
Galaxy Digital has reportedly reallocated $100 million from Ethereum to Solana, citing performance considerations. This move underscores a growing trend among institutional investors exploring alternative blockchain platforms for diversification.

Global Crypto Developments
- Russia's Finance Ministry and central bank announced plans to launch a crypto exchange limited to high-net-worth individuals under a trial program.
- Slovenia's capital, Ljubljana, has been named the world's most crypto-friendly city, surpassing other major cities in crypto adoption and infrastructure.
- South Korea's People Power Party has proposed new legislation to promote the local crypto industry.
- Starting April 30, Binance will require South African users to provide detailed information for all crypto deposits and withdrawals.

[Forum Admin]

 Arizona Approves Bitcoin Reserve Strategy
Arizona has passed a historic move to invest up to 10% of its $31.5B treasury into Bitcoin. Several bills supporting the plan cleared the legislature last week, which could make Arizona the first U.S. state to formally back BTC with state funds.

Ethereum Foundation Restructures
The Ethereum Foundation has announced a leadership shake-up, splitting its board and shifting focus. Founder Vitalik Buterin outlined two main goals: boosting staking security and improving protocol efficiency. Development efforts toward gas limit scaling and stronger self-custody options are also progressing ahead of May’s scheduled Pectra upgrade.

ProShares Receives SEC Approval for Three XRP ETFs
ProShares is preparing to roll out three XRP-tracked ETFs after receiving tacit approval from the SEC. The lineup includes a 2x leveraged Ultra XRP ETF and two inverse funds for short exposure. These products will track XRP futures and offer new ways to trade both sides of the market. A significant step forward for XRP, following the full resolution of Ripple’s legal battle with the SEC in March.

Global Crypto Developments
- South Korea's government is reviewing its stance on spot Bitcoin ETFs, with the newly formed Virtual Asset Committee set to discuss potential approvals.
- The Swiss National Bank (SNB) has dismissed calls to include Bitcoin in its reserves, citing concerns over volatility and liquidity. Despite pressure from crypto advocates, SNB Chairman Martin Schlegel stated that cryptocurrencies do not meet the bank's requirements for reserve assets.
- Abu Dhabi's sovereign wealth fund ADQ, First Abu Dhabi Bank, and International Holding Company have announced plans to launch a dirham-pegged stablecoin.