Bitcoin is trading around $84,932 this morning and continues to show strength after a period of market volatility. Ethereum (ETH) at $1,641 and Solana (SOL) at $134 are also showing stability. Investors point to renewed confidence in the crypto market, especially due to important regulatory steps in the US.

US Eases Regulatory Pressure

The US Department of Justice announced the disbanding of its special crypto crime enforcement team, shifting focus to serious crimes only - like terrorism and drugs.

The Securities and Exchange Commission (SEC) has backed away from high-profile lawsuits, signaling a shift from an aggressive approach to a more collaborative one.

Additionally, President Trump signed a law that removes the expanded definition of "broker" in the crypto space - a move seen as a regulatory revolution by crypto market players.

 World in Action: Crypto as a National Solution

Pakistan is preparing to become a global mining hub to use excess electricity in remote areas.

In Scotland, Lomond School has become the first in Britain to accept tuition payments in Bitcoin, meeting the demand of international families.

Business News: Crypto Enters the Mainstream

Brazilian fintech company Meliuz announced it will start holding Bitcoin as a strategic reserve, subject to shareholder approval in early May.

Crypto exchange Kraken launched a platform for trading 11,000 stocks and ETFs without fees - a move that signals entry into the traditional financial world.

Meanwhile, Anchorage Digital Bank, a crypto bank backed by Goldman Sachs and BlackRock, is now being investigated by the US Department of Homeland Security regarding its compliance policies.

OM Token of MANTRA Project Crashes

The OM token crashed by 90% in less than a day, causing a storm on social networks.

The project's founder, John Patrick Mullin, blamed "forced liquidations by central exchanges on token holders' accounts."

In his words:

 "Our team did not sell tokens. Our tokens are locked - you can check this on the blockchain."

He promised:

"We are here, not going anywhere, and will provide transparent proof."

(Sources: Cointelegraph, TheStreet, Unlock Blockchain)

Despite his words, the community is angry, with claims about insider selling and lack of transparency.

Currently, OM has partially recovered and trades around $0.70, but investor confidence is damaged.

Cardano stabilizing at $0.649

 What Does This Mean for You as an Investor or Trader?

Bitcoin is returning to center stage, both in regulation and finance - as the market breathes easier and investors return.

Fintech companies and financial institutions are coming in and understanding the value of Bitcoin as a reserve.

The blurring between the traditional financial world and the crypto world is accelerating - and Kraken is just a sign of what's to come.

Additional Updates from the Web

Vitalik Buterin talks about privacy: Ethereum's founder emphasized the need for privacy solutions in the AI era, which could influence ETH's development direction (Posts on X).

StarkWare presents a solution for scalability: Their ColliderVM promises to improve Bitcoin performance - worth following (Posts on X).

Outflow from crypto funds: This week saw outflows of $795M from crypto funds, related to tariff concerns (Posts on X).