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  • 🌙 Bitcoin Edges Above $95K, U.S. Stocks Remain Strong

🌙 Bitcoin Edges Above $95K, U.S. Stocks Remain Strong

For some observers, the market’s performance has seemed unanchored from the wave of economic data coming in that suggests that U.S. economic activity is slowing down due to the tariff policies unleashed by the White House.

Author

Mike Gavela
April 29, 2025

Crypto Roundup - April 29

Bitcoin inched closer to the $95,000 mark on Tuesday amid a strong U.S. equities backdrop, even as analysts warned of growing investor complacency. Meanwhile, altcoins saw renewed momentum led by AI-related tokens, suggesting a sectoral rotation fueled by speculative interest. On the regulatory front, SoFi announced a re-entry into the crypto space, attributing the move to expected policy shifts under Donald Trump’s potential return to office.

Top Stories

  • Bitcoin nears $95K as markets remain buoyant despite cautionary sentiment from analysts.

  • AI tokens lead altcoin rally, with strong price action driven by renewed investor interest in tech narratives.

  • SoFi re-enters crypto market anticipating favorable regulatory changes under Trump-influenced policy direction.

TOP STORIES

Bitcoin Price (BTC) News: $96K in Sight

Secretary of Commerce Howard Lutnick announced that the White House was finalizing a trade deal with an unnamed country.

www.coindesk.com/markets/2025/04/29/bitcoin-edges-up-to-usd95k-u-s-stocks-remain-strong-as-analyst-warns-of-blind-market

AI Coins Lead Altcoin Resurgence - "The Defiant"

Tokens such as AI16z and VIRTUAL are up more than 90% over the last week.

thedefiant.io/news/markets/ai-coins-lead-altcoin-resurgence

SoFi announces a return to crypto, thanks to Trump

The fintech bank stopped offering crypto products and services in 2023. Onerous banking regulations were reportedly the cause. It’s one of many large firms exploring the crypto landscape this year.

www.dlnews.com/articles/regulation/sofi-announces-return-to-crypto-thanks-to-trump

FUNDRAISING

Exclusive: Camp Network raises $25 million to help firms collect AI copyright royalties using blockchain

1kx and Blockchain Capital both led the Series A, which valued the startup at up to $400 million.

fortune.com/crypto/2025/04/29/camp-network-30-million-ai-blockchain-1kx-blockchain-capital

OTHER HEADLINES

Circle Wins Regulatory Nod From Abu Dhabi Watchdog as USDC Hits $62B

The stablecoin issuer received in-principle approval from ADGM's Financial Services Regulatory Authority to operate as a money services provider.

www.coindesk.com/business/2025/04/29/circle-wins-regulatory-nod-from-abu-dhabi-watchdog-as-usdc-hits-usd62b

Nasdaq Files for Rule Change to List 21Shares Dogecoin ETF - Decrypt

Nasdaq has applied to the SEC for a rule change that would allow the exchange to list shares of a 21Shares ETF based on the price of Dogecoin

decrypt.co/316889/nasdaq-files-for-rule-change-to-list-21shares-dogecoin-etf

The Ethereum Foundation won’t disclose Vitalik Buterin’s voting power

Although the Ethereum Foundation emphasizes its board of directors and shared oversight, Vitalik Buterin’s voting power remains a mystery.

protos.com/the-ethereum-foundation-wont-disclose-vitalik-buterins-voting-power

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