FameEX Morning Crypto News Recap | April 30, 2025
2025-04-30 03:46:51Treasury Secretary: Trump’s Trade Strategy Creates Strategic Uncertainty
On April 29, U.S. Treasury Secretary Brainerd described Trump’s trade policy as “strategic uncertainty,” noting it may benefit negotiations. He added that as trade agreements are announced, market clarity will improve, reducing uncertainty.
U.S. Commerce Secretary Vows Full Support for Bitcoin Mining Industry Growth
On April 29, U.S. Commerce Secretary Howard Lutnick affirmed strong government support, pledging full efforts to promote and expand the domestic Bitcoin mining industry.
Glassnode: Surge in Bitcoin Inflows as Short-Term Holders Reenter Market
As Bitcoin prices climb, speculative capital is flowing back into the market. Short-term holders are reengaging, with hot capital nearly doubling in five weeks—rising over 90% in the past week alone and approaching $40 billion.
Mastercard Unveils Stablecoin Payment Solution for 150 Million Global Merchants
Mastercard has launched a stablecoin payment solution enabling 150 million merchants worldwide to accept stablecoin transactions. Partnering with Nuvei, Circle, and Paxos, Mastercard aims to build a seamless payment ecosystem. Chief Product Officer Jorn Lambert emphasized stablecoins' potential to streamline payments and enhance business operations globally.
$537 Billion Wiped from Crypto Market 100 Days After Trump’s Inauguration
On April 29, CoinGecko data revealed that the total cryptocurrency market capitalization rebounded to $3.084 trillion. However, compared to the $3.621 trillion valuation when Trump began his second term, around $537 billion in market value has evaporated over the past 100 days.
UK Proposes Crypto Asset Rules, Plans to Regulate Crypto Firms as Financial Service Providers
The UK Treasury has published a draft regulation to bring crypto assets under financial services oversight. The proposal includes exchanges, dealers, and agencies, requiring them to meet standards for transparency, consumer protection, and operational resilience.
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