2025-04-09 Market Watch: Bitcoin sways amid trade war and market shifts

Here is what happened yesterday in the crypto market:

Cboe to Launch New Bitcoin Futures Product

The Chicago Board Options Exchange (Cboe) is planning to introduce a new Bitcoin futures product later this month, pending regulatory approval. The FTSE Bitcoin Index futures will be available on Cboe Digital.
Read more

Ripple Acquires Hidden Road for $1.25 Billion

Ripple has acquired Hidden Road, a crypto-friendly prime broker, for $1.25 billion. This acquisition is seen as a significant move for Ripple, potentially unlocking more use cases for the XRP Ledger among institutions.
Read more

Bitcoin’s Price Reacts to Yuan and Trade War

Bitcoin fluctuated around $80,000 as U.S. stock markets recovered, but trade tensions between China and the U.S. continue to limit Bitcoin’s upside. China’s response to tariffs by weakening the yuan could be bullish for BTC.
Read more

DOJ Reportedly Shuts Down Crypto Unit

The U.S. Department of Justice (DOJ) has reportedly disbanded its crypto unit, narrowing its crypto enforcement activities. This move aligns with President Trump’s regulatory pullback.
Read more

Binance to Delist 14 tokens

Binance is set to delist 14 tokens from its platform on April 16, aiming to remove low-quality projects that do not meet the exchange’s listing standards.
Read more