Rich Compass

Crypto News 04/18 | Kraken Job Cuts, Coinbase Frontrunning Allegations, Brazilian Crypto Ponzi Sentencing (2025)


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This report summarizes eight key news items from the global cryptocurrency market on April 18, 2025. These are important for investors.

Russia is developing its own stablecoin in response to sanctions.

Bitcoin is showing positive momentum, supported by ETFs and institutional buying.

Bitcoin could potentially rise to $90,000 in April, due to its historical relationship with gold.

HashKey Capital has launched an Asian XRP tracking fund.

Ethereum's restaking protocol, EigenLayer, is undergoing security upgrades.

The Kraken exchange is conducting significant layoffs before its potential IPO.

The mastermind behind a Brazilian crypto Ponzi scheme has received a severe prison sentence.

Coinbase faces accusations of insider trading related to its Base token.

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Rich CompassBy Harold