[April 11: CRYPTO MARKET UPDATE-2]

• The Most Published News
Multiple headlines dominated today’s coverage around U.S. inflation data. Reports showed headline inflation dropping to 2.4% in March—with core measures barely moving at 0.1%—marking multi-year lows. This surprising decline, the lowest since May 2020, has pushed market expectations toward a potential Fed rate cut, even as tariff concerns and a shifting trade environment add uncertainty to future price dynamics.

• Current Market Trends
On the crypto front, Bitcoin managed a modest rebound above $82,000 even as broader U.S. stock index futures retraced earlier losses. Meanwhile, an Ethereum whale offloaded roughly 9,514 $ETH (valued at about $14 million) after a decade-long pause, contributing to an 8% drop in $ETH’s price over the past 24 hours—highlighting ongoing pressure amid heightened market volatility.

• Regulations and Policies
Regulatory developments continue to reshape the crypto landscape. In a historic move, President Trump signed a pro-crypto bill that repeals the IRS DeFi broker rule—marking the first crypto-specific legislation in the U.S. This shift has been echoed by other policy actions, including calls from the New York Attorney General for a federal digital asset framework and sharp criticism from Senate Democrats over disbanding the DOJ’s crypto enforcement unit, all underscoring a dramatic pivot toward a more innovation-friendly regulatory environment.

• Technology and Innovation
Innovation remains strong in the ecosystem as @okx, together with Standard Chartered, Brevan Howard, and Franklin Templeton, launched a pilot for off-exchange collateral using crypto and tokenized money market funds. Developed under Dubai’s VARA framework, the initiative aims to enhance capital efficiency and lower counterparty risk, showcasing new ways to integrate crypto into traditional finance.

• Institutional Investor News
Institutional interest in digital assets is on the rise. Nasdaq has filed for a rule change to list a VanEck ETF tracking the spot price of Avalanche, while the SEC approved options trading for several spot Ethereum ETFs from firms including BlackRock, Grayscale, and Bitwise. These product innovations and regulatory nods are broadening access and liquidity for institutional investors in the crypto market.

• Market Forecasts and Expert Opinions
Expert analysis points to a complex macro backdrop. Wells Fargo economists and other analysts are forecasting that U.S. core inflation may be nearing its low point this year, even as tariff pressures hint at potential upside risks. Additionally, commentary from sources like Amberdata stresses that continued weakness in U.S. Treasuries and ongoing trade tensions could keep crypto markets under pressure, while debates over the reliability of the U.S. dollar intensify amid BRICS talks and proposals for petrodollar alternatives.

• Security and Hacking News
In compliance enforcement news, Block, Inc.—led by Jack Dorsey’s team—has been fined $40 million for significant delays and weaknesses in its AML and cybersecurity measures on the Cash App platform. The settlement includes a 12-month independent monitor requirement, highlighting ongoing regulatory scrutiny to bolster compliance and safeguard digital asset transactions.

• Conclusion
Today’s news paints a picture of mixed signals: while robust U.S. inflation data and potential Fed rate cuts are creating a cautiously optimistic macro backdrop, tariff uncertainties and market volatility persist. Regulatory pivots, including landmark crypto legislation and evolving oversight, are setting the stage for a more innovation-friendly environment. Amid these dynamics, breakthroughs in off-exchange collateral and ETF product developments signal continued institutional interest. Investors should remain alert to both macroeconomic shifts and crypto-specific regulatory changes, positioning themselves with caution yet openness to emerging opportunities.

Daily crypto market update is an AI summarization of important news published in major crypto media in the last 24 hours at the time of sending. The full news story can be found at the URL below.
https://t.co/cAvNUwvBVv