FameEX Morning Crypto News Recap | April 17, 2025
2025-04-16 23:11:11Fed Chair Powell: Cryptocurrencies Are Gradually Going Mainstream
Fed Chairman Powell said cryptocurrencies are gradually going mainstream. He noted the Fed is working with Congress on a stablecoin regulatory framework and stressed the need for strong consumer protection measures.
Bitcoin Spot Whales Remain on Sidelines as Lending Market Awaits Recovery
On April 16, macro analyst Adam from Greeks.live noted that Bitcoin spot whales are adopting a wait-and-see approach. While some high-interest orders appear in the green leaf lending market, overall sentiment remains cautious, requiring continued patience from participants.
Research Forecasts Bitcoin to Handle 10% of Global Trade Settlements
VanEck’s Matthew Sigel reports that major fiat currencies are weakening in cross-border payments due to efforts to avoid U.S. sanctions and SWIFT risks. He forecasts Bitcoin will handle 10% of global trade settlements, prompting central banks to hold 2.5% of reserves in Bitcoin as a settlement asset.
Bitcoin Could Be Heading Into a Prolonged Consolidation Phase
10x Research’s Markus Thielen cautioned that Bitcoin could enter a prolonged consolidation phase, pointing to bearish on-chain data and late-cycle stochastic patterns. He predicts Bitcoin will range between $73,000 and $94,000, countering bullish forecasts of new highs before June from analysts such as Swan Bitcoin CEO Cory Klippsten.
Gold Fund Inflows Hit $80 Billion in 2025 as Bitcoin ETF Assets Slide
In 2025, gold fund inflows hit a record $80 billion, while Bitcoin ETF assets fell from $106 billion to $92 billion. Gold prices surged 22% year-to-date, achieving 52 record highs and reinforcing its status as a global safe-haven asset.
$467 Million Bitcoin Withdrawal Signals Ongoing Accumulation Trend
On April 16, IntoTheBlock reported over $467 million in Bitcoin withdrawals from exchanges, signaling strong accumulation activity as investors move assets into long-term storage amid market uncertainty.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.