FameEX Morning Crypto News Recap | April 2, 2025
2025-04-02 01:46:45Trump to Reveal Reciprocal Tariff Policy During Rose Garden Address
President Trump will deliver a speech in the Rose Garden at 4 AM EST on Thursday to unveil a reciprocal tariff policy. Press Secretary Levitt stated the announcement will emphasize nation-based tariffs, while industry-specific measures will be introduced at a later date.
U.S. to Finalize Inaugural Audit of Federal Bitcoin Reserves on April 5th
The U.S. Treasury and federal agencies will finish their first Bitcoin audit on April 5, per Trump’s order requiring all agencies to disclose digital asset holdings within 30 days.
3–5 Year Bitcoin Holder Share Falls by 3%
Glassnode data shows BTC wealth held by 3–5-year investors dropped 3% since November 2024’s peak but stays historically high. In contrast, over two-thirds of 5–7-year holders had exited their positions by the December 2024 peak.
Bitcoin on Exchanges Drops to 7.53%, Lowest Since 2018
On April 1, Bitcoin's exchange supply dropped to 7.53%, its lowest level since February 2018.
GameStop Secures $1.3B in Funding, Signals Interest in Bitcoin Acquisition
GameStop raised $1.48 billion from a $1.5 billion convertible bond sale, including a $200 million over-allotment. The five-year notes may be used to fund a potential Bitcoin investment.
EU Report: U.S. Crypto Approach Could Increase Financial Risk
A joint April 1 report by ESMA and three EU regulators warns that U.S. crypto-friendly policies are deepening links between crypto and traditional finance, potentially increasing systemic risks in global financial markets.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.