Bitget Daily Digest: Trump’s Tariff Plans, Fed’s Crypto Stance, and Regulatory Developments
Today’s Bitget Daily Digest highlights key macroeconomic indicators, regulatory developments in the crypto space, and updates on Venom’s token unlock. As markets await U.S. economic data, the SEC’s focus on custody solutions could shape institutional adoption. Here’s a breakdown of the latest developments impacting cryptocurrency markets.
Bitget Daily Digest (4.25) | Trump’s Tariff Plans and Fed’s Crypto Stance
Markets await key U.S. economic indicators as the Michigan consumer sentiment index and one-year inflation expectations data loom. These metrics could sway investor sentiment amid ongoing macroeconomic uncertainty.
The SEC’s third crypto policy roundtable takes center stage today, with custody solutions under scrutiny. Regulatory clarity remains a pivotal issue for institutional adoption.
Venom’s token unlock event sees $8.18 million worth of VENOM entering circulation, representing 2.86% of supply. Such events typically test market absorption capacity.
Former President Trump considers restructuring China tariffs, with proposals ranging from blanket reductions to a tiered system. Trade policy shifts could Ripple through risk assets.
Bitget’s April 2025 Proof of Reserves Report Shows 191% Reserve Ratio
Bitget, a leading cryptocurrency exchange and Web3 provider, has reaffirmed its commitment to transparency and user asset security with its April 2025 Proof of Reserves (PoR) report. The exchange maintains an industry-leading 191% total reserve ratio, ensuring all user funds are fully collateralized.
Key holdings demonstrate robust backing: BTC reserves stand at 369%, ETH at 148%, while stablecoins remain secure with USDT at 117% and USDC at 217%. These figures collectively support Bitget’s gold-standard asset protection framework.