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🇪🇺 The European regulator has warned that cryptocurrency poses a threat to financial stability:
🔴 ESMA believes that the growth of the crypto market and its ties to traditional finance carry significant risks.
🔴 According to the agency’s head, “there are no safe crypto-assets.”
🔴 Stricter regulation may be necessary.
🔴 Crypto currently makes up just 1% of global financial assets, but its influence is rapidly growing.
🔴 Key threats include stablecoins, hacks, fraud, and high-profile collapses.
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😂 White House says additional 104% tariffs on China went into effect today at noon.
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📊 Binance has released a new report, noting that the toughest trade tariffs since the 1930s are already impacting the global economy and the crypto market.
In the near term, increased volatility is expected.
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🪙 Binance has integrated Apple Pay and Google Pay into its fiat-to-crypto purchase system.
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🪙 Ethereum has dropped below $1 500 for the first time since March 2023.
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🇺🇸 Yesterday, the SEC released guidance stating that asset-backed stablecoins are not considered securities — as long as they do NOT generate income.
Earlier, it was reported that lawmakers view stablecoins primarily as a payment system, not an investment product.
This reinforces the broader regulatory direction: treating the sector as part of financial infrastructure rather than as securities.
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🇨🇳 🇺🇸 China to impose additional 34% tariff on US goods.
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🇺🇸 Over $1.65 trillion wiped out from US stock market at open.
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🐹 Justin Sun’s stablecoin FDUSD dropped by 7%.
Before that, Sun wrote that First Digital Trust, the issuer of FDUSD, is insolvent and urged users to take immediate steps to protect their assets.
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💸 PayPal is integrating Solana and Chainlink for customers in the United States.
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🇯🇵 Japan's second-largest bank SMBC eyes stablecoin launch with Ava Lab.
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🪙 Circle USDC stablecoin issuer files for IPO.
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🇺🇸 Elon Musk plans to leave the Department of Government Efficiency (DOGE) at the end of May.
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🪙 Circle hires banks for long-awaited IPO, stablecoin giant expected to publicly file late April.
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🫦 Donald Trump said that countries are "kissing his ass" to make new trade deals.
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🪙 Ripple acquires crypto-friendly prime broker Hidden Road for $1.25 billion.
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🇵🇰 Pakistan appoints Changpeng Zhao as strategic advisor on crypto.
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🎰 The scam project ZKasino, which was trading with funds that were supposed to be returned to users, closed a 20x leveraged long position on Ethereum on Hyperliquid, incurring a total loss of $27 100 000.
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🪒 A whale holding 67 570 ETH ($106M) on Maker was liquidated at an ETH price of $1 650.
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🪙 Grayscale files for Solana ETF.
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🇨🇳 Chinese company Cango, specializing in automotive services, has sold its China-based business for $352 million to restructure itself as a Bitcoin mining company.
The new owner of the business will be Bitmain, which will provide Cango with mining power of 32 exahashes per second.
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🇧🇷 Brazil’s largest bank, Itaú Unibanco, is planning to launch its own stablecoin.
This comes shortly after news that Brazil is considering a law that would allow employers to pay salaries in cryptocurrency.
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⚡️ 🇺🇸 Donald Trump announced the introduction of "reciprocal tariffs" of 10% for all countries, as well as a 25% tariff on all imported cars.
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🇺🇸 $6 trillion asset manager Fidelity launches retirement plan allowing direct crypto investments.
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🇮🇳 Indian public company Jetking to raise money to purchase Bitcoin.
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🇰🇵 North Korean IT specialists, posing as freelancers, are actively infiltrating European blockchain companies — posing a risk of espionage, data leaks, and cyberattacks, especially in blockchain and AI sectors.
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🐹 Market maker Wintermute launched a sell-off on Binance and other markets — the company is actively offloading assets from its balance sheet.
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🐸 A British woman wanted to surprise her husband and got rid of old stuff — along with a flash drive holding $3.8 million in BTC.
The guy bought crypto back in 2013, and now his future is somewhere in a landfill.
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🪙 Strategy buys 22 048 Bitcoin worth $1.92 billion.
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