The crypto market continues to evolve amid shifting macroeconomic signals, regulatory developments, and platform-specific updates. From evolving Federal Reserve expectations to major exchange announcements and significant on-chain movements, today’s landscape reflects both volatility and long-term structural growth. This article breaks down the latest developments shaping digital assets, offering insights into market sentiment, key project updates, and macro trends influencing investor behavior.
📉 Bitcoin ETFs See Third Consecutive Day of Outflows
Bitcoin spot ETFs experienced another day of net outflows, totaling $109 million** on April 7. This marks the third consecutive day of capital withdrawal from these investment vehicles. Grayscale’s GBTC led the outflow with **$74 million, bringing its cumulative outflows to over $22.6 billion** since inception. BTCO also saw a notable decline, shedding **$12.8 million in assets.
Despite the short-term bearish pressure, the total net asset value of Bitcoin spot ETFs remains substantial at $87.86 billion, representing approximately 5.61% of Bitcoin’s total market cap. Continued outflows may reflect profit-taking or macro-driven risk-off sentiment rather than a fundamental rejection of Bitcoin as an asset class.
👉 Discover how market cycles influence ETF flows and what it means for your strategy.
🏛️ Regulatory & Macro Developments
U.S. Chamber of Commerce May Sue Trump Over Tariffs
The U.S. Chamber of Commerce is reportedly considering legal action against the Trump administration to block new global tariffs set to take effect this week. Representing millions of American businesses, the organization is evaluating litigation amid growing concerns that the tariffs could disrupt supply chains and damage international trade relationships.
Industry giants are urging the Chamber to act, signaling rising tension between corporate America and protectionist trade policies.
SEC Hosts Crypto Trading Roundtable on April 11
The U.S. Securities and Exchange Commission (SEC) will host a public roundtable titled “Blocks and Barriers: Tailoring Regulation for Crypto Trading” on April 11, from 1:00 PM to 5:00 PM ET. The event, streamed live from Washington D.C., will feature executives from Uniswap Labs, Coinbase, and NYSE, among others.
Led by Goodwin Procter partner Nicholas Losurdo, the discussion aims to clarify regulatory frameworks for crypto trading platforms. SEC Commissioner Hester Peirce emphasized that these sessions are part of a broader effort to bring transparency and consistency to digital asset oversight.
Fed Rate Cut Odds Rise to 57% in May
According to CME’s FedWatch Tool, the probability of a 25-basis-point rate cut in May has reached 57%, with a 43% chance of rates holding steady. Looking ahead to June, markets price in:
- 20.4% chance of no change
- 49.7% chance of one 25-bp cut
- 29.9% chance of two cuts (50 bps total)
This evolving outlook suggests growing confidence in disinflation progress, potentially paving the way for looser monetary policy — a historically bullish signal for risk assets like cryptocurrencies.
💡 Market Insights & Expert Opinions
Pan-European Exchange CEO: $10 Trillion Wiped Off Global Markets
Stephane Boujnah, CEO of Euronext, stated that global equity markets have lost around $10 trillion in value since former President Trump announced sweeping tariff plans. He noted increased demand for safe-haven assets like gold, with some European investors relocating physical holdings from the U.S.
Boujnah highlighted that Europe's stable legal and environmental framework is gaining favor among institutional investors seeking predictability in uncertain times.
Ken Fisher Slams Tariffs as “Utterly Stupid”
Billionaire investor Ken Fisher criticized Trump’s tariff strategy as economically flawed, calling it a solution to a “non-existent problem.” He argued that trade deficits do not inherently harm economic growth and warned that implementation hurdles — including customs capacity and legal challenges — could undermine enforcement.
Fisher believes market panic over tariffs is overblown and could present a contrarian buying opportunity. Drawing parallels to the 1998 market correction, which ended with a 26% annual return, he forecasts a similar rebound if political pressures ease.
Matrixport: USDCNY Resistance Break May Signal BTC Surge
Matrixport analysts suggest that the USD/CNY exchange rate is approaching a critical technical resistance level — a development that could precede a sharp rise in Bitcoin prices. Historically, periods of RMB depreciation have initially pressured BTC but led to strong rebounds later in the year (e.g., 2015).
The firm also notes a correlation between USDCNY and U.S. 10-year Treasury yields. While recent yield declines have supported crypto, a sudden spike could temporarily dampen momentum.
👉 Learn how currency trends impact crypto valuations and where Bitcoin might head next.
🔧 Project Updates & On-Chain Activity
Ethereum Foundation Moves 1,000 ETH After Three-Month Hiatus
Two hours ago, the Ethereum Foundation transferred 1,000 ETH (~$1.58 million)** to a multi-sig address (0x4e6...03cB6), marking its first major movement since January. Since May 2021, this wallet has distributed over **12,150 ETH (~$25.3 million) in grants supporting ecosystem development.
Such transfers often signal funding rounds for core protocol contributors or infrastructure teams.
Binance Launches FORTHUSDT Perpetual Contract
Binance has launched the FORTHUSDT perpetual contract, available since April 8 at 08:30 UTC. With up to 20x leverage, this offering expands access to Ampleforth’s governance token. FORTH holders can vote on protocol upgrades or delegate voting power.
Binance to Delist 14 Tokens on April 16
As part of its new "vote-to-delist" mechanism, Binance will remove 14 tokens on April 16, 2025, including:
- BADGER
- BAL
- BETA
- CREAM
- CTXC
- ELF
- FIRO
- HARD
- NULS
- PROS
- SNT
- TROY
- UFT
- VIDT
The decision follows community voting and evaluation based on liquidity, team activity, and transparency metrics.
Market Impact: Several affected tokens plunged over 50% post-announcement:
- PROS: -54.66%
- FIRO: -51.99%
- BETA: -50.78%
- CREAM: -50.53%
This highlights the power of exchange listings in determining token viability.
Coinbase to Remove GUSD and GYEN Pairs
Coinbase will delist Gemini Dollar (GUSD) and GYEN on May 8, citing failure to meet ongoing listing standards. Trading entered limit-only mode ahead of full suspension.
WLFI Proposes USD1 Airdrop to Holders
World Liberty Financial (WLFI), linked to the Trump family’s crypto venture, proposed an airdrop of its new stablecoin USD1 to all $WLFI holders. The test distribution aims to validate smart contract functionality and reward early supporters.
Distribution will occur on Ethereum, with amounts determined by eligible wallet count and budget constraints.
💵 Major On-Chain Data Movements
USDC Treasury Burns $201 Million in Two Waves
In two separate events:
- $51 million USDC burned at 13:26 Beijing time
- $150 million USDC destroyed earlier in three batches (50M each)
These redemptions reflect reduced demand for the stablecoin or balance sheet optimization by Circle.
10-Year Dormant BTC Wallet Moves 365 Coins
A Bitcoin wallet inactive for a decade moved all **365 BTC (~$29 million)** to an unknown destination. The coins were originally acquired at ~$284 each, meaning the holder realized massive gains after holding through multiple cycles — a powerful testament to long-term HODLing strategies.
💼 Funding Rounds in Crypto and AI
| Project | Amount Raised | Investors | Use Case |
|---|---|---|---|
| Runway (AI video) | $308M | General Atlantic, Nvidia, SoftBank | Gen-4 AI model for consistent character rendering |
| Sats Terminal | $1.7M | Coinbase Ventures, Draper Associates | Bitcoin DeFi aggregator with cross-chain bridges |
| Cap Protocol | $11M | Franklin Templeton, Triton Capital | Yield-bearing stablecoin via EigenLayer restaking |
| P2P.me | $2M | Multicoin, Coinbase Ventures | Stablecoin-to-fiat payments using zero-knowledge proofs |
These raises signal strong institutional appetite for infrastructure projects bridging traditional finance and decentralized systems.
❓ Frequently Asked Questions (FAQ)
Q: Why are Bitcoin ETFs seeing outflows despite bullish macro signals?
A: Short-term outflows can stem from profit-taking after rallies or temporary risk aversion due to inflation or geopolitical concerns. They don’t necessarily reflect long-term sentiment.
Q: How might a Fed rate cut affect cryptocurrency prices?
A: Lower rates reduce bond yields, making hard-to-sell assets like Bitcoin more attractive. Historically, easing cycles correlate with strong crypto performance.
Q: What does Binance’s token delisting process involve?
A: Tokens are evaluated on liquidity, team engagement, transparency, and community votes. Projects failing these criteria face removal to maintain platform quality.
Q: Is the USDC burn bullish or bearish for crypto markets?
A: Large burns often indicate reduced issuance demand but aren’t inherently negative. They may reflect normal treasury management rather than systemic issues.
Q: Can stablecoins like USD1 succeed in a crowded market?
A: Success depends on trust, adoption, and backing transparency. New entrants need clear utility beyond speculation to gain traction.
Q: How do AI and crypto intersect in projects like Runway or P2P.me?
A: AI enhances user experience in content creation and identity verification (e.g., zero-knowledge proofs), while blockchain enables ownership, monetization, and decentralized infrastructure.
👉 Stay ahead of market shifts with real-time data and expert analysis tools.