1. Bitcoin Bounces Back on Trump's Announcement of Possible Postponement of Tariff War
Bitcoin(BTC) rebounded and surpassed $80,000 on the news that U.S. President Trump could postpone the tariff war by 90 days on Apr. 7. U.S. stocks and Bitcoin rose due to President Trump's announcement in the late afternoon amid a plunge in Asian stocks on Apr. 7 due to U.S. President Trump's full-fledged tariff war.
2. U.S. Federal Agency Reveals Crypto Holding Status To Treasury
Following President Trump's executive order, U.S. federal agencies disclosed the status of cryptocurrency holdings to the U.S. Treasury Department on Apr. 7. Citing testimony from a White House official, Fox Business cryptocurrency reporter Elenier Tarrett said federal agency officials submitted a report on the status of cryptocurrency holdings to Treasury Secretary Scott Bessent by Apr. 7.
3. Hong Kong Securities Commission Approves Staking Service to Authorized Cryptocurrency Exchanges
The Hong Kong Securities Regulatory Commission(SFC) announced on Apr. 7 that it can provide staking services only to licensed cryptocurrency exchanges. Christina Choi, executive director of SFC, who gave a keynote speech at the Hong Kong Web3 Festival on Apr. 7, said she will allow exchanges to provide staking services for the purpose of strengthening Hong Kong's position in the cryptocurrency industry.
4. US SEC "Dollar Reserves Linked Stablecoin Is Not Securities"
The U.S. Securities and Exchange Commission(SEC) announced in an official statement on Apr. 7 that stablecoins issued based on clear reserves are not securities. The SEC explained that it will not regulate stablecoins with values linked to dollar assets as securities, distinguishing algorithmic stablecoins and stablecoins linked to dollar assets.
5. U.S. Fed to Hold Closed-Door Meeting Amid Market Chaos
The U.S. Federal Reserve(Fed) officially announced that it will hold a closed-door meeting on Apr. 7. The Fed's closed-door meeting was held while the market was in turmoil due to President Trump's full-fledged tariff war. The market predicted that the Fed may have discussed ways to hurry to cut interest rates.
6. Pakistan Appoints Zhao Changpeng As Crypto Adviser
The Pakistan Council of Cryptocurrencies(PCC) appointed Zhao Changpeng, founder of Binance, as an advisor on Apr. 7 for market supervision following a surge in cryptocurrency adoption in the country.
7. Michael Saylor Halts Buying After Market Falls in April
Michael Saylor, founder of Strategy, who used to buy Bitcoin every week last month, was found to have stopped selling Bitcoin with a drop in the market. According to Strategy's investment report '8-K' submitted to the SEC on Apr. 7, Strategy did not buy Bitcoin after April.
권승원 기자 ksw@blockstreet.co.kr
Bitcoin(BTC) rebounded and surpassed $80,000 on the news that U.S. President Trump could postpone the tariff war by 90 days on Apr. 7. U.S. stocks and Bitcoin rose due to President Trump's announcement in the late afternoon amid a plunge in Asian stocks on Apr. 7 due to U.S. President Trump's full-fledged tariff war.
2. U.S. Federal Agency Reveals Crypto Holding Status To Treasury
Following President Trump's executive order, U.S. federal agencies disclosed the status of cryptocurrency holdings to the U.S. Treasury Department on Apr. 7. Citing testimony from a White House official, Fox Business cryptocurrency reporter Elenier Tarrett said federal agency officials submitted a report on the status of cryptocurrency holdings to Treasury Secretary Scott Bessent by Apr. 7.
3. Hong Kong Securities Commission Approves Staking Service to Authorized Cryptocurrency Exchanges
The Hong Kong Securities Regulatory Commission(SFC) announced on Apr. 7 that it can provide staking services only to licensed cryptocurrency exchanges. Christina Choi, executive director of SFC, who gave a keynote speech at the Hong Kong Web3 Festival on Apr. 7, said she will allow exchanges to provide staking services for the purpose of strengthening Hong Kong's position in the cryptocurrency industry.
4. US SEC "Dollar Reserves Linked Stablecoin Is Not Securities"
The U.S. Securities and Exchange Commission(SEC) announced in an official statement on Apr. 7 that stablecoins issued based on clear reserves are not securities. The SEC explained that it will not regulate stablecoins with values linked to dollar assets as securities, distinguishing algorithmic stablecoins and stablecoins linked to dollar assets.
5. U.S. Fed to Hold Closed-Door Meeting Amid Market Chaos
The U.S. Federal Reserve(Fed) officially announced that it will hold a closed-door meeting on Apr. 7. The Fed's closed-door meeting was held while the market was in turmoil due to President Trump's full-fledged tariff war. The market predicted that the Fed may have discussed ways to hurry to cut interest rates.
6. Pakistan Appoints Zhao Changpeng As Crypto Adviser
The Pakistan Council of Cryptocurrencies(PCC) appointed Zhao Changpeng, founder of Binance, as an advisor on Apr. 7 for market supervision following a surge in cryptocurrency adoption in the country.
7. Michael Saylor Halts Buying After Market Falls in April
Michael Saylor, founder of Strategy, who used to buy Bitcoin every week last month, was found to have stopped selling Bitcoin with a drop in the market. According to Strategy's investment report '8-K' submitted to the SEC on Apr. 7, Strategy did not buy Bitcoin after April.
권승원 기자 ksw@blockstreet.co.kr