Day

April 9, 2025

SEC approves options on spot Ether ETFs

April 9, 20250
The United States Securities and Exchange Commission (SEC) has approved options trading for multiple spot Ether exchange-traded funds (ETFs), a move that may broaden the investment appeal of Ether among institutional traders. The SEC issued the approval on April 9 after reviewing a proposed rule change submitted by BlackRock for its iShares Ethereum Trust (ETHA)...

Bitcoin price soars to $83.5K — Have pro BTC traders turned bullish?

April 9, 20250
US equities and crypto markets shifted dramatically on April 9 after  US President Donald Trump announced a 90-day pause on his reciprocal tariffs, except for China. Bitcoin (BTC) price responded by surging by 5% in less than an hour, reclaiming the $83,000 level which was last seen on April 6.While the S&P 500 gained 8%,...

AAVE soars 13% as buyback proposal passes among tokenholders

April 9, 20250
Aave’s tokenholders approved a governance proposal to start buying back the decentralized finance (DeFi) protocol’s governance token, AAVE, as part of a broader tokenomics overhaul, Aave said on April 9. The proposal — which was approved by more than 99% of AAVE tokenholders — permits the protocol to purchase $4 million in AAVE (AAVE) tokens, enough...

Ethereum Researcher Virgil Griffith released from prison

April 9, 20250
Ethereum researcher Virgil Griffith was released from prison custody on April 9, the Bureau of Prison (BOP) officials confirmed to Cointelegraph.According to crypto developer Brantly Millegan, Griffith will remain in a halfway house for several weeks while waiting to complete the next steps in his parole process.Griffith was arrested in 2019 for giving a lecture...

US Dollar Index (DXY) falls close to level that was followed by 500%+ Bitcoin price rallies

April 9, 20250
The Dollar Index (DXY) dipping below 100 has historically aligned with Bitcoin (BTC) bull runs, delivering gains of over 500% during the last two instances. Now, as trade tensions escalate and US Treasurys face sell-offs, some analysts believe China may be actively working to weaken the US dollar. This added pressure on the dollar heightens...

Bitcoin $100K target ‘back on table’ after Trump tariff pause supercharges market sentiment

April 9, 20250
Bitcoin (BTC) staged a sharp rebound after US President Donald Trump announced a pause on tariffs for non-retaliating countries, reigniting bullish momentum and raising hopes for a potential surge toward the $100,000 mark.On April 9, BTC/USD surged by approximately 9%, reversing most of the losses it incurred earlier in the week, to retest $83,000. In...

Trade tensions to speed institutional crypto adoption — Execs

April 9, 20250
Mounting international trade tensions are rattling cryptocurrency markets — but they could also accelerate institutional crypto adoption, several industry executives told Cointelegraph. Since US President Donald Trump announced sweeping tariffs on US imports on April 2, core cryptocurrencies experienced double-digit price swings, worsening an ongoing market rout starting earlier this year. However, “[t]he silver lining is that...

US wrestling star Ric Flair launches tokenized Telegram sticker pack

April 9, 20250
Legendary professional wrestler Ric Flair launched a tokenized sticker collection on Telegram on April 9, becoming the latest celebrity to launch a tokenized social project.Spokespeople for the project told Cointelegraph they are considering rewarding early sticker holders with future perks, though no specifics were shared. Flair told Cointelegraph that the project was launched to drive...

XRP price gains 13% after Trump 90-day tariff pause and XXRP ETF launch

April 9, 20250
XRP (XRP) price is up 13% on the day, trading above the $2 level after President Donald Trump announced a 90-day pause on all reciprocal tariffs, except for China, which saw an additional 125% hike in response to their counter-tariffs against the US. XRP’s rally comes on the heels of additional positive news and the...

Bitcoin ‘significantly de-risked here’ as nearly 80% of cyclical price correction is done — Analyst

April 9, 20250
Bitcoin’s (BTC) futures market reflects a possible price cooldown after the cryptocurrency’s multiple weeks of correction. Data from CryptoQuant indicated that the BTC-USDT futures leverage ratio with respect to open interest (OI) has halved since peaking in early 2025. Bitcoin estimated futures leveraged ratio. Source: CryptoQuantThis significant de-leveraging has occurred because of massive liquidations over...
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