Crypto Chronicles:Normal Day

1-Bitcoin and gold prices are rising, while stock prices are falling.

In the month of April, some analysts of the cryptocurrency market were writing about a continued decoupling or divergence of Bitcoin from equities. This means that the trajectory of Bitcoin's price went a different route compared to the trajectory of stocks and equities. While the value of the American currency and equities are falling, Bitcoin and gold are both on the rise. On the other hand, there is a diversity of opinion among market professionals over whether or not the Bitcoin and equity markets have actually split.

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.

2-As Tether "builds for the apocalypse," it considers alternatives to USDT.

In 2014, Tether introduced the USDT stablecoin to the market. It quickly became the most prominent stablecoin issuer, and USDT quickly became one of the top five most valuable cryptocurrencies in terms of market capitalization.

When it came to trading volume, USDT was formerly the most prominent token at one point in time. There were instances when it was responsible for between fifty percent and eighty percent of all Bitcoin deals.

Additionally, USDT is an essential component in the process of onboarding new cryptocurrency users since many cryptocurrency exchanges do not provide fiat-to-crypto and crypto-to-fiat pairings. As a USD alternative, USDT offers a trading instrument that is consistent with the value of the USD and is thus easier to anticipate.

In addition, businesses are able to carry out international transactions by using USDT, which is backed by the United States Treasury bills. The majority of them are stored in Tether. Over the course of the previous year, Tether purchased U.S. Treasury securities for a total of $33.1 billion. As a result, the corporation became the seventh largest foreign net buyer internationally, overtaking nations such as Mexico, Canada, Taiwan, and a great number of others.

3-The Securities and Exchange Commission (SEC) workers would be able to retain bitcoin if Coinbase proposes a change in rules.

Within the letters, Grewal makes the point that the restriction is being implemented at a moment that is especially difficult. Through an executive order, President Trump has instructed the Securities and Exchange Commission (SEC) and other agencies to make suggestions for regulatory measures over the next 180 days in order to promote the digital financial leadership of the United States.

It has been brought to the attention of the Chief Legal Officer of Coinbase that approximately half of this period has already elapsed, yet employees are still unable to utilize the technology that they are responsible for regulating.

Grewal contends that in order to better comprehend technology, one must first put it into practice. He also argued that the present circumstance makes it more difficult for the SEC Crypto Task Force to assist in paving the way for regulatory clarity.

References

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

https://crypto.news/tether-thinks-beyond-usdt-builds-for-the-apocalypse/

https://crypto.news/coinbase-calls-for-policy-change-to-let-sec-workers-hold-crypto/