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PDAXScope: BTC rallies, crypto bets rise, Trump ETF plans

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PDAX

April 25, 2025

2 min read

PDAX

Bitcoin heads toward $95,000, rising for a third day (CNBC)

Bitcoin has climbed to $93,000 as investor optimism returned after U.S. President Trump eased his tone on China tariffs. Strong inflows into Bitcoin ETFs and forced buying by short sellers pushed prices higher. Analysts now see $95,000 as the next key level.

Trump Media pushes forward with pivot to crypto, ETF plans (Reuters)

U.S. President Donald Trump's social media firm, Trump Media & Technology Group, is moving ahead with plans to get more involved in crypto by launching its own exchange-traded funds. The company along with its social media platform Truth Social, is aiming to attract mainstream investors and boost growth by offering crypto-focused investment products.

Crypto-Based Prediction Platform Polymarket Predicts Filipino Cardinal Tagle as Top Papal Contender (BitPinas)

Polymarket – a popular crypto betting platform –  is letting people place bets on who the next pope might be, as reported by BitPinas. Filipino Cardinal Luis Antonio Tagle is one of the top picks, and bettors are using cryptocurrency to join the speculation.

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Email: consumeraffairs@bsp.gov.ph;

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