News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Quick Take 50 individuals made moves across crypto in April, with hiring concentrated in legal, policy, and growth functions. The month’s activity reflects a focus on dealing with regulations and preparing for the next market cycle.
Quick Take The Nasdaq-listed logistics solutions firm announced that it has entered an agreement that would finance up to $20 million for purchasing Official Trump memecoins. Its CEO Javier Selgas said the purchase could effectively advocate fair trade between Mexico and the U.S.
Quick Take Movement Labs suspended its co-founder “in light of ongoing events.” The recent controversy surrounding MOVE involved alleged token dumping by a market maker.
Share link:In this post: Bitwise Crypto Market Review for Q1 2025 revealed that stablecoin transactions narrowly surpassed Visa’s payments. Stablecoin transaction volume rose by over 30%, and the market’s AUM hit an all-time high of over $218 billion, with a 13.5% increase quarter-over-quarter. Visa and Bridge announced a partnership to offer stablecoin-linked Visa cards to customers across multiple countries in Latin America.
- 15:55President of the Kyrgyz Republic Meets with Zhao Changpeng: Exploring the Prospects of Kyrgyzstan's Digital EconomyPresident Sadyr Japarov of the Kyrgyz Republic revealed on the X platform that he met with Binance founder Changpeng Zhao by Lake Issyk-Kul, where they held a two-day discussion on the prospects for digital asset development in Kyrgyzstan. Japarov emphasized the country's potential in the digital economy and showcased its rich cultural heritage through cultural activities. This meeting laid the foundation for possible future cooperation.
- 15:54BofA's Hartnett: Market Anticipates Trump Shifting to "Lower Tariffs, Lower Rates, Lower Taxes"Global stock markets staged a remarkable "deep V" rebound in April, with the S&P 500 experiencing a nine-day rally after a sharp drop at the beginning of the month, marking the longest winning streak since November 2004. In response, Bank of America's Chief Investment Officer Hartnett noted in the latest report that this trend indicates investors expect Trump to shift to a "three lows" policy in his second hundred days, namely lowering tariffs, interest rates, and taxes. Meanwhile, concerns about a U.S. economic recession triggered by "soft" data are also easing. Hartnett pointed out that the 2-year U.S. Treasury yield has dropped by 70 basis points since Trump, oil prices have fallen by 20%, and the dollar has depreciated by 9%, all contributing to looser financial conditions. Additionally, with tech giants maintaining strong capital expenditure in the AI field, expected to reach $320 billion by 2025, these factors collectively alleviate recession concerns.
- 15:54Bitfarms: No Major Mining Equipment Purchase Plans for This Year and Next, Bitcoin Treasury Holdings Decrease to 1,005 in AprilNasdaq-listed Bitcoin mining company Bitfarms has officially released its April production and operations update report, which reveals that there are no plans to purchase large Bitcoin mining machines in 2025 or 2026. Instead, the company will use previously acquired machines to achieve this year's growth targets, prioritizing the development of high-performance computing (HPC) business and expanding its energy infrastructure over pursuing new hardware. Additionally, Bitfarms disclosed that April's mining output was 268 BTC (an average daily mining output of 8.9 BTC), and the Bitcoin treasury holdings decreased to 1,005 BTC, down from 1,140 BTC last month, equivalent to approximately $94 million based on the Bitcoin price as of April 30.