Market News: Circle will postpone IPO process

Odaily Planet Daily News: Renowned trader Eugene said on Telegram channel, "When Bitcoin hit $83500 at night, I established a small amount of ETH, SOL, and XRP short positions. Unless the Federal Reserve intervenes explicitly or China's tariff issues are properly eased, I don't think the market will have too much sustainability

According to BlockBeats, on April 12th, according to Lookonchain monitoring, a whale address sold 3.7 million US dollars worth of Fartcoin (worth 3.32 million US dollars) at an average price of 0.9 US dollars four hours ago.

According to Cryptoslate, the Financial Policy Committee (FPC) of the Bank of England stated in its April 2025 record that while the size and relevance of stablecoins continue to grow, inadequate regulation and inadequate asset support may pose new risks to financial stability in the UK, especially during times of stress. The committee reiterates that the Bank of England and the Financial Conduct Authority (FCA) are actively developing regulatory frameworks for both systemic and non systemic stablecoins to ensure that these tokens can reliably meet redemption requests and maintain parity even under volatile market conditions.

OKX-ETH/USDT is currently trading at $155.22, with a 24-hour increase of 0.98%. Please be aware of market fluctuations.

According to Cointelegraph, Pakistan has launched its first comprehensive policy framework to regulate virtual assets and virtual asset service providers (VASP), aimed at curbing money laundering, supporting innovation, and attracting foreign investment. This policy is formulated by specialized government agencies under the Anti Money Laundering (AML) and Counter Terrorism Financing (CTF) agencies. The proposed framework requires approval from the legislative body and opinions from digital asset companies operating in the country, and is expected to be phased out starting in 2026.