After a 52-44 Senate vote on Wednesday, Paul Atkins secured his spot to lead the SEC. Trump tapped Atkins in December to lead the SEC and is expected to take a much more friendly approach to crypto than former Chair Gary Gensler. Atkins founded the consulting firm Patomak Global Partners in 2009 and the firm has clients including banks, crypto exchanges and DeFi platforms, according to its website.
4. The WhatsApp Moment for Money
Once upon a time, everyone thought bitcoin or even XRP would revolutionize cross-border payments. Now, as a16z’s Chris Dixon explains, stablecoins are driving that transformation in real time – bypassing costly, decades-old banking rails with quick, cheap, and global transfers. For a deeper look at why stablecoins are, hands-down, the biggest trend in crypto today, give his essay a read.
3. Tariff Whipsaw
If you’re a bitcoiner who just so happened to get back from a week’s long vacation — you didn’t miss much quite honestly, outside of a bunch of near-sighted market opinions and an insanely volatile and scary week in the bond and equity markets. The silver lining? Bitcoin is down only ~4% in the last 30 days. Furthermore, the S&P 500’s volatility is basically matching Bitcoin’s right now.
intern ⨀ @intern
i like how we all thought crypto was gonna grow up but the rest of finance just came down to meet us
3:04 PM • Apr 7, 2025
914 Likes 85 Retweets
55 Replies
2. River Posts Financial Results
Bitcoin-only exchange River made a huge commitment yesterday by publishing their entire financial statements while still being a private company. This follows the company’s publishing of 100% Proof of Reserves last Fall. The company currently holds more than $1.7 billion of bitcoin under custody and generated $2 million in net income (plus another $21 million in BTC treasury appreciation). While the company publicly says an IPO isn’t on the roadmap… we’re suspect.
Alexander Leishman 🇺🇸 @Leishman
here are our financial statements
Alexander Leishman 🇺🇸 @Leishman
Every Bitcoin exchange should have Public Financials and Proof of Reserves.
We’re publishing @River’s 2024 financials to further our mission of building the world’s most trusted financial institution. We will continue to publish our financials annually.
8:14 PM • Apr 9, 2025
538 Likes 47 Retweets
50 Replies
1. Results of Last Week’s Poll
On April, 4th we asked you all where you thought BTC was headed in the medium term. As it turns out nearly 70% of you believe by the end of the year we will settle between $100-200k. Now, to be fair we asked it before all of the tariff whipsawing…
You Can’t Tariff Crypto…
As tariff panic wiped $6 trillion from Wall Street, billions poured into crypto in a single day. Top analyst Juan Villaverde – who nailed Bitcoin’s big run last winter – now sees another rally coming, but warns Bitcoin may not be the best play this time. Instead, he’s spotlighting a different coin that could outshine BTC in the next surge.
