Digital Assets Decoded: Your Daily Crypto Guide podcast.
Hey crypto enthusiasts, it’s Crypto Willy here with your weekly dose of the hottest action from the digital asset universe! Let’s unpack everything you need to know about the world of crypto as we roll through the third week of April 2025.
First up—Bitcoin. The king of crypto made headlines as it punched past the $90,000 mark for the first time since early March, with market optimism riding high as U.S. stocks and bonds struggled and gold hit a record high. Analysts like Bitwise’s Matt Hougan pointed to global economic disruptions and policy responses, suggesting these conditions are fueling Bitcoin’s surge even as traditional markets get choppy. But, it’s not all blue skies—technical charts show Bitcoin’s recent outperformance may have legs after lagging behind gold for three months. Some folks even predict a potential 20-40% rally through spring as trade tensions ease up, especially now that short-term traders are stepping to the sidelines and letting the HODLers run the show.
The headwinds? Donald Trump’s tariffs on trade partners spooked markets in March, pushing investors out of riskier assets like crypto. But with Trump putting a 90-day pause on those tariffs, Bitcoin and friends have started to rebound. Glassnode data backs this up, showing a significant drop in short-term BTC holders, which often means stronger hands will set the pace for the next leg up.
Ethereum is also running hot, climbing more than 4% in just 24 hours to break above $1,700 USDT. This move comes as Ethereum’s DeFi ecosystem flexes its muscles—Ripple’s RLUSD stablecoin just launched on Aave V3, a big win for adoption and utility. Meanwhile, legendary trader Mike Novogratz’s Galaxy Digital swapped a cool $100 million worth of ETH for Solana, raising eyebrows and perhaps signaling where some big bets are heading next.
Over in the world of regulation and institutions, there’s a buzz in the air. Paul Atkins has just been sworn in as chairman of the U.S. SEC, taking over from Gary Gensler. Industry insiders are watching closely as Atkins is rumored to be friendlier to digital asset innovation and already waving the flag for crypto roundtables and more supportive rules.
The corporate world is stirring too—Dutch bank ING is reportedly working on a new stablecoin with other big TradFi and crypto outfits, which could be a major turning point for bringing more traditional players into the digital currency fold. And in South Korea, rumors are swirling as Bithumb, one of the biggest exchanges, prepares to split into two entities ahead of a possible IPO, signaling how global exchanges are gearing up for the next wave of mainstream adoption.
One last nugget—keep an eye on the legal chess match as Bankex files a lawsuit against Matter Labs over alleged technology theft. The innovation race is real, and the stakes are only getting higher.
That wraps your week in crypto! Stay sharp, keep learning, and as always, HODL on tight—this ride is just getting started. This is Crypto Willy, signing off until next time.
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