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šŸŒ™ Crypto Markets Consolidate as CPI Cools and Trump Pauses Tariffs

Bitcoin is trading around $80K as broader markets record minor gains after softer inflation data.

Author

Mike Gavela
April 10, 2025

Crypto Roundup - April 10

ā€‹Recent developments in the financial sector highlight significant shifts in regulatory leadership, corporate compliance, and market reactions to economic policies. The U.S. Senate has confirmed Paul Atkins, a proponent of cryptocurrency and financial innovation, as the new chair of the Securities and Exchange Commission (SEC). In corporate compliance, Block, Inc., led by Jack Dorsey, has agreed to a $40 million settlement with the New York Department of Financial Services over significant anti-money laundering compliance failures. Meanwhile, the cryptocurrency market has shown resilience, with Bitcoin trading around $80,000, following a cooling in the Consumer Price Index and President Trump's announcement of a 90-day pause on new tariffs.

Top Stories

  • Paul Atkins confirmed as SEC chair: The U.S. Senate has confirmed Paul Atkins, known for his support of cryptocurrency and financial innovation, as the new chair of the Securities and Exchange Commission.

  • Block, Inc. settles compliance violations: Jack Dorsey's Block, Inc. has agreed to a $40 million settlement with the New York Department of Financial Services over significant anti-money laundering compliance failures.

  • Bitcoin stabilizes around $80,000: The cryptocurrency market shows resilience as Bitcoin trades around $80,000, following a cooling in the Consumer Price Index and President Trump's 90-day pause on new tariffs.

TOP STORIES

Crypto Markets Consolidate as CPI Cools and Trump Pauses Tariffs - "The Defiant"

Bitcoin is trading around $80K as broader markets record minor gains after softer inflation data.

thedefiant.io/news/markets/crypto-markets-consolidate-as-cpi-cools-and-trump-pauses-tariffs

Jack Dorsey's Block Pays $40M Penalty Over Lackluster Compliance Program - Decrypt

Block, Inc. has agreed to a $40 million settlement with NYDFS for ā€œsignificant failuresā€ in its anti-money laundering compliance program

decrypt.co/314317/block-agrees-to-40m-nydfs-penalty-over-lackluster-compliance-program

Who is Paul Atkins? Trumpā€™s new SEC chair has a history of backing crypto

Paul Atkins has been appointed as the SECā€™s new chair. The crypto industry has welcomed his appointment. His chairmanship comes at a perilous time for digital assets.

www.dlnews.com/articles/people-culture/who-is-paul-atkin-trumps-new-sec-chair-has-a-history-of-backing-crypto

FUNDRAISING

OTHER HEADLINES

Berachain Suffers $300 Million in Net Outflows - "The Defiant"

Capital is leaving the ecosystem, driving the $BERA token price down 40% and active users down 50%.

thedefiant.io/news/blockchains/berachain-suffers-usd300-million-in-net-outflows

Galaxy bucks crypto IPO slump with plans to list shares

Despite a rocky macroeconomic backdrop, Galaxy is moving forward. Documents made public Monday show the company will move to Delaware.

www.dlnews.com/articles/markets/mike-novogratz-galaxy-proceeds-with-nasdaq-ipo-plans

Crypto bulls buy the dip as ā€˜stubborn optimismā€™ sends volume 153% higher

The total crypto market fell 16% over the past two weeks. Trumpā€™s trade war rocked global markets. But some traders used the dip to position themselves for the next leg up.

www.dlnews.com/articles/markets/crypto-bulls-buy-the-dip-as-volume-153-percent-up

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