House of Block Weekly Wrap
Issue - 58 Week ending 11th April 2025
What caught our eye this week.
Bitcoin soars back above $80,000 as Trump suspends 'reciprocal' tariffs. Bitcoin has surged past $80,000 after President Donald Trump declared a 90-day pause on 'reciprocal' US tariffs. This is Money
Image: Bitcoin tokens floating on dark background. Image created by Decrypt using AI.
How Trump tariffs left investors reeling and crypto execs searching for new answers: ‘It’s chaos’ The market’s largest digital assets plunged on Monday, only to bounce back on Wednesday after US President Donald Trump said he would pause harsh tariffs on the world’s largest economy. DLnews
Crypto execs expect global banking push into Bitcoin by end of 2025. Messari’s Despite the ongoing market meltdown on US trade tariffs, executives at major cryptocurrency firms Messari and Sygnum are bullish on institutional Bitcoin adoption later in 2025. Cointelegraph
Kraken and Mastercard team on crypto debit cards. Cryptocurrency exchange Kraken is working with Mastercard to allow customers in the UK and Europe to spend their crypto at over 150 million merchants worldwide. Finextra.com
Trump administration backs off Nvidia's 'H20' chip crackdown after Mar-a-Lago dinner . Since 2022, U.S. regulators have restricted what semiconductor chips Nvidia can sell to China out of fear that Beijing could harness American technology to bolster its AI and military capabilities. The H20 arose under these constraints, becoming the most powerful AI chip it could export to China under the law. NPR.org
Image: Getty Images
UK risks falling behind on stablecoins, says payments industry. British government should appoint ‘blockchain special envoy’ to match US approach, say trade bodies. The Banker
Atkins becomes next SEC chair: What’s next for the crypto industry. The crypto industry has welcomed the confirmation of American businessman and former US Securities and Exchange Commissioner Paul Atkins as chair of the agency. Trading View
‘Clear message’: Can Binance founder help Pakistan become a crypto power? Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, on Monday signed on to become an adviser to the country’s newly formed regulator for the sector.AlJazeera
ShareRing to Trial Blockchain ID in Australian Government Age Verification Push. ShareRing is set to pilot its digital identity solution with school students as part of a federal initiative to boost online safety. Decrypt
Nvidia Gets Blockchain Boost For AI with HBAR Integration. Nvidia, a top tech firm known for its GPUs and AI tools, is integrating Hedera Hashgraph (HBAR) into its AI systems, marking a major advancement in the convergence of blockchain and artificial intelligence.Cryptotimes
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