Crypto Chronicles:More Tariffs

1-According to SEC chair Paul Atkins, cryptocurrency should have clear regulations.

The statements were made by Atkins during his first public appearance since he was formally appointed head of the Securities and Exchange Commission. He was delivering his remarks at the crypto roundtable that was held in Washington, DC, by the regulatory watchdog.

According to him, the strategy taken by the SEC over the course of the previous four years has, for the most part, inhibited innovation.

Within the cryptocurrency business, Atkins has provided reassurance that he is prepared to collaborate with the United States Congress and the administration of President Donald Trump in order to provide regulatory clarity to the field. According to his point of view, rules that conform to a "rational fit for purpose framework" are essential for boosting the digital assets industry, which includes risk reduction.

Earlier this week, Atkins was sworn in as the new head of the Securities and Exchange Commission (SEC). He succeeded Gary Gensler, the previous chair, whose leadership led to the agency becoming more anti-crypto. Its approach to regulation via enforcement resulted in the filing of lawsuits against a number of cryptocurrency firms, including the most prominent exchanges, Coinbase and Binance.

A number of investigations were terminated and the majority of the SEC's cases were withdrawn when Mark Uyeda was serving as temporary head. Additionally, it brought a stop to the legal battle that it had been engaged in with Ripple, which was a significant lawsuit that the agency had launched in December of 2020.

2-While equities continue to tumble, Bitcoin and gold continue to soar; is decoupling here to stay?

Some people are really enthused about the fact that Bitcoin has decoupled from risk assets and is now on par with gold as a refuge for investors. It is not difficult to see why this is the case: in recent times, Bitcoin and gold have been the only big assets that have had positive price fluctuations. On the 21st of April in the year 2025, the price of gold made its first attempt to traverse the $3,400 threshold. In reaction to the rising anxiety among investors, equities and alternative cryptocurrencies went through a wave of liquidations and some of the worst drops in years, which prompted a move toward gold. This unusual gain is largely considered as a response to this growing worry.

The price of gold ranged around $1,800 to $2,000 during the most of the 2020s, and it wasn't until the autumn of 2023 that it gradually began to increase. According to MacroTrends, there is a connection between the price of gold and the level of economic uncertainty throughout the world. Another link that exists is the association between the amount of national debt in the United States and the price of gold.

Historically, gold has been seen as a secure investment. Bitcoin is often regarded in a similar manner by several investors. On the other hand, the price of Bitcoin became more comparable to that of equities as a result of an increase in the number of institutional investors purchasing Bitcoin. There were many who believed that Bitcoin was a continuation of the stock market, but with a greater degree of price volatility. The chart that follows demonstrates quite clearly that over the course of the previous three years, Bitcoin has closely mimicked the movements of the Nasdaq, exactly imitating its ups and downs with more pronounced swings.

3-Scaramucci predicts that tariffs might lead to a recession, which would be beneficial for Bitcoin and Europe.

The markets are still being shaken by concerns on the impact of tariffs imposed by the United States, with traders warning that a recession may occur. Anthony Scaramucci, the founder of SkyBridge Capital and a former communications director within the White House during the administration of Donald Trump, is one of them.

Scaramucci provided an explanation of the potential consequences that tariffs might have on the economy of the United States of America and other economies, as well as Bitcoin, in an interview that was conducted with the financial platform Saxo and published exclusively with crypto.news.

news from crypto.com: Fears of a recession are being stoked by the tariffs that the Trump administration has implemented. In addition to being a risk asset, bitcoin is also considered to be a hedge against inflation. In the event that a recession occurs, which story will eventually win out?

Having said that, this is a pretty excellent question, and the answer to it, in a nutshell, is that it will be successful. The lengthier answer is that we only have, I would say, we only have three or four weeks of data when all of a sudden Bitcoin, which was related to the MAG7 and tied to the NASDAQ, bam, lowers. This is the explanation that we have.

References

https://crypto.news/sec-chair-paul-atkins-says-crypto-deserves-regulatory-clarity/

https://crypto.news/exclusive-scaramucci-warns-tariffs-could-trigger-recession-boost-bitcoin-and-europe/

https://crypto.news/bitcoin-gold-rise-while-stocks-fall-is-decoupling-here-to-stay/