FameEX Morning Crypto News Recap | April 11, 2025
2025-04-11 02:20:20Trump Repeals IRS Regulations on DeFi Brokers with New Bill Signing
President Trump signed a resolution overturning Biden-era crypto tax rules that mandated custodial brokers to report user transactions and submit 1099 forms to the IRS.
SEC Unveils Securities Disclosure Rules for Cryptocurrency Market
The U.S. SEC’s Division of Corporation Finance released guidance detailing disclosure requirements for issuing and registering securities in the cryptocurrency asset market. The statement emphasized that such securities could include equity or debt tied to blockchain networks, decentralized applications, or specific crypto assets.
Gold Prices Reach All-Time Peak
On April 10th, spot gold prices rose again, breaking the previous $3167.59/oz record and reaching a new all-time high of $3167.67/oz.
Even at Price Lows, 85% of Bitcoin Holders Remain Profitable
On April 10, IntoTheBlock revealed that over 85% of Bitcoin holders stayed profitable, even as Bitcoin experienced a notable price decline this week.
Grayscale: Trade Wars and Tariffs May Accelerate Bitcoin Adoption
Grayscale’s report indicates that medium-term tariffs and trade tensions could drive Bitcoin adoption. It explains that such conditions may cause stagflation, weakening traditional assets. In contrast, scarce assets like gold and Bitcoin could benefit, making them appealing alternatives amid economic instability and rising geopolitical risks.
Goldman Expects Fed to Restart Easing Cycle as Growth Slows
K. Heg of Goldman Sachs Asset Management expects a cautious Federal Reserve response to CPI data. However, a sharper-than-expected economic slowdown could force the Fed to resume its easing cycle, potentially reversing current monetary policy in an effort to stimulate growth and stabilize the weakening economy.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.