Fed Chairman Powell: Cryptocurrency is becoming mainstream
Fed Chairman Powell said in a recent speech that cryptocurrency is becoming mainstream. He pointed out that the Fed has been working with Congress to develop a regulatory framework for stablecoins and strengthen consumer protection measures.
Bitcoin spot big players are holding their coins and waiting, and the lending market is still waiting for recovery
On April 16, Adam, a macro analyst at Greeks.live, said that Bitcoin spot big players are in a wait-and-see state. Although there are occasional high-interest orders in the lending market, the overall sentiment is still cautious, and participants still need to continue to be patient.
Bitcoin settlement will account for 10% of global trade settlements
Matthew Sigel, head of digital asset research at VanEck, pointed out that mainstream fiat currencies are continuing to depreciate in cross-border payments due to circumvention of US sanctions and SWIFT system risks. He predicts that Bitcoin settlement will account for 10% of global trade settlements and prompt central banks to allocate 2.5% of their reserves to Bitcoin for settlement.
Bitcoin price may enter a long-term consolidation phase
Markus Thielen of 10x Research warned that Bitcoin may be entering a long-term consolidation phase, with its on-chain data showing bearish performance and the stochastic oscillator indicating that it is at the end of the cycle. He expects Bitcoin prices to fluctuate between $73,000 and $94,000, which is contrary to the view of analyst Cory Klippsten, who said that Bitcoin prices may hit new highs before June.
Gold funds have inflows of $80 billion in 2025, but Bitcoin ETF assets have declined
Gold funds recorded a record inflow of $80 billion in 2025, while Bitcoin ETF assets fell from $106 billion at the beginning of the year to $92 billion. Gold has risen 22% year-to-date and hit 52 new highs, further consolidating its status as a global safe-haven asset.
More than $467 million worth of Bitcoin was transferred out of exchanges
On April 16, IntoTheBlock reported that more than $467 million worth of Bitcoin was transferred out of exchanges, indicating that investors continued to show strong accumulation behavior as they transferred assets into long-term storage amid market uncertainty.
