Here’s the latest crypto news as of April 20, 2025, based on recent developments:
Market Volatility and Tariff Concerns: Cryptocurrency markets have been turbulent due to U.S.-China trade tensions and Donald Trump’s tariff policies. Bitcoin dropped to $74,000 earlier this month but rebounded after Trump paused tariffs on some nations, climbing to around $85,000 by mid-April. Analysts warn of ongoing macro-driven volatility, with a 70% chance of markets bottoming out by June 2025.
Trump’s Crypto Influence: The Trump family’s crypto ventures, particularly World Liberty Financial (WLFI), are making waves. WLFI bought $775K in SEI and launched a stablecoin, raising concerns about conflicts of interest as Trump’s administration deregulates the industry. Binance is reportedly in talks to list WLFI’s dollar-pegged token and ease U.S. oversight. Critics warn of increased financial risks and criminal activity.
Solana’s Price Surge: Solana’s price has shown resilience, bouncing off key support levels with analysts eyeing a potential climb to $2,000, driven by strong market momentum.
Regulatory Shifts: Google will enforce stricter crypto ad policies in Europe under the MiCA framework starting April 23, requiring licenses for exchanges and wallets. This could curb ICO fraud but may create enforcement gaps. Meanwhile, the U.S. disbanded its National Cryptocurrency Enforcement Team, signaling a pro-crypto stance.
Global Crypto Adoption: Bhutan is leveraging hydropower to mine “green” cryptocurrencies, aiming to boost its economy. Pakistan appointed Binance founder Changpeng Zhao as an advisor to integrate crypto into its financial system.
Bitcoin ETF Outflows: U.S. Bitcoin ETFs saw significant outflows last week due to trade war fears, with investors staying cautious until tariff clarity emerges.
Community Buzz: Bitcoin’s iconic Block 666,666 continues to spark discussions, while a wallet dormant for 10 years moved $29M in BTC, highlighting crypto’s long-term holding trends.
Binance Updates: Binance briefly suspended withdrawals due to an AWS data center issue but resumed operations. They’re also promoting airdrops and blockchain-based philanthropy.
For real-time updates, check platforms like Cointelegraph, Binance Square, or X posts. Stay cautious—crypto markets are highly volatile�