April 18, 2025 The latest information in the currency circle

1. Bitcoin price fluctuations and policy impactsBitcoin has recently fallen due to policy changes in the United States. According to reports, US President Donald Trump announced a 10% tariff on all imports, causing market concerns and putting pressure on the price of bitcoin. At the same time, Democratic lawmakers demanded that the U.S. Securities and Exchange Commission (SEC) tighten regulations on Trump-related crypto projects, and market sentiment was affected. 
2. Global regulatory developments 
China: China is discussing how to regulate and deal with the growing number of confiscated cryptocurrencies, with officials recommending judicial recognition and considering the creation of a national cryptocurrency reserve.   
Kyrgyzstan: Kyrgyzstan's State Investment Agency signed a memorandum of understanding with BN founder CZ to develop the country's crypto and blockchain ecosystem through infrastructure, education, and technical support.   
Hong Kong: Crypto exchange HK has been approved by Hong Kong to provide staking services, marking the further opening up of Hong Kong in the crypto services sector.
 3. Market and project dynamics 
Bitwise Review: Bitwise says Bitcoin has shown "extraordinary resilience" and its role as a safe-haven asset is gradually emerging.   
Stablecoin development: a16z partners say stablecoins are having a "WhatsApp moment", hinting at their potential in the global payments space.   
PepeCoin (PEPE): The meme token PepeCoin has been in the spotlight due to its community culture and market performance, and its price has been outstanding recently.  
BNWeb3 Wallet: The upcoming TGE (Token Generation Event) of the BNWeb3 Wallet has sparked heated discussions in the community and is considered an important opportunity for investors. 
4. Other hot spots 
South Korean police have cracked an illegal gaming arcade disguised as a legitimate bitcoin mining farm, showing that there is still a risk of fraud in the crypto space.   
Howard Lutnick said that bitcoin may be treated differently from other assets that are included in the U.S. crypto reserves, hinting at policy differentiation.   
Blockchain media pointed out that the media ecology of the currency circle is complex, and some of them rely on "cutting leeks" to survive, and investors need to carefully choose information sources.