New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring.

In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation.

Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives.

A new court filing reveals Ripple and the SEC are racing toward a landmark settlement, signaling a dramatic turn in the <a href=\\\"https://markets.bitcoin.com/crypto/ripple?utm_source=bitcoin_news\\\" class=\\\"lar_link lar_link_outgoing\\\" data-linkid=\\\"311999\\\" data-postid=\\\"\\\" target=\\\"_blank\\\" >XRP</a> case with massive crypto implications.

Jim Rickards, economist and author of the best-selling book &#8220;Currency Wars

The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation.

Bitcoin&#8217;s price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting strong participation and volatile market behavior.

Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront.

The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation.

President Donald Trump’s “Liberation Day” tariffs triggered a global financial rout last week, with bitcoin plunging to $74,500 and ethereum to $1,380—their lowest since early 2023—according to an April 9 Glassnode report. Researchers Ukuriaoc and Cryptovizart linked the sell-off to tariff-induced liquidity strains and a faltering U.S. dollar, deepening digital assets’ broad-based contraction.

The digital asset surged to $83K late Wednesday on news of President Donald Trump’s 90-day tariff pause. But even lower inflation couldn’t curb its descent back to $79K Thursday morning

While digital currency markets have faltered, the tokenized real-world asset (RWA) ecosystem has flourished, eclipsing recent market turbulence with a 12.5% valuation climb over 30 days. Tokenized Treasury instruments, in particular, outpaced peers with an 8.7% leap across seven days.

U.S. bitcoin miners are racing against time to import mining equipment to mitigate Trump’s sweeping global tariffs. With application-specific integrated circuit (ASIC) prices expected to surge up to 36%, companies are chartering multimillion-dollar flights to sidestep looming costs.

The SEC welcomes new leadership as its incoming chair vows to overhaul crypto regulation, signaling a powerful pivot toward innovation, clarity, and pro-growth digital asset policies.

The U.S. inflation rate notably slipped in March, bringing the 12-month inflation rate down to 2.4% from its February standing of 2.8%. This development arrives in advance of the May Federal Reserve meeting and coincides with President Donald Trump’s announcement this week of a 90-day suspension of some tariffs.