
SOTM April 10 – April 16, 2025
Crypto Markets Stabilize with Bitcoin Trading Near $85K | Strategy Acquires More BTC | Visa Joins USDG Stablecoin Consortium |

Crypto Markets Stabilize with Bitcoin Trading Near $85K | Strategy Acquires More BTC | Visa Joins USDG Stablecoin Consortium |

In this special edition of Coin Metrics’ State of the Network, we unpack key takeaways from Circle’s IPO filing and pair

Bitcoin Briefly Rises to $87K Ahead of Trump’s Reciprocal Tariff Announcement | Circle Files for IPO | MicroStrategy Adds More

In this special edition of Coin Metrics’ State of the Network, we take a data-driven dive into the major developments, market

Fidelity Plans to Launch Stablecoin | Custodia Bank Launches First U.S. Bank-Issued Stablecoin | BlackRock’s BUIDL Fund Crosses $1.8B in

Bitcoin Rebounds Past $85k | Ethena Labs and Securitize Announce Converge | Coinbase Launches Verified Pools on Base | SOL

Volatility Continues to Pressure Crypto Markets | Trump Signs Executive Order to Establish Strategic BTC Reserve | Cboe Files Amendments

Markets Stay Volatile | Trump Proposes Strategic Crypto Reserve | SEC Drops Kraken, Cumberland Cases | BlackRock Adds 1–2% BTC

Bybit’s Big Hack | Citadel Securities Signals Entry into Crypto Market Making | BofA Expresses Interest in Launching Stablecoin |

In this issue of Coin Metrics’ State of the Network, we take a data-driven dive into the stablecoin sector, exploring its
Coin Metrics has been acquired by Talos.