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Another decree from Trump has simplified the activities of the crypto industry in the USA, Helium has escaped the scrutiny of the SEC, and New Hampshire and Florida have moved closer to creating a cryptocurrency reserve — these and other cryptocurrency news from the morning of April 11 in our review.
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Pakistan is exploring setting up a mining hub for digital assets driven by excess energy capacity. Despite regulatory challenges, the country aims to leverage blockchain technology and AI talent to become a global tech hub. A special council has been formed to propel crypto innovations and establish digital asset regulations.

Bankers and lawmakers in South Korea are calling for a review of the current restriction allowing only one bank per cryptocurrency exchange. They argue that this rule, aimed at transparency and preventing financial crimes, now hinders fair competition and limits banks' opportunities in the digital asset market. Removing this restriction would provide more options for clients and meet the rising demand for cryptocurrencies.

Solana's price shows high volatility, dropping after failing to surpass $150. Despite facing resistance levels recently, optimism is pushing SOL towards $120. Positive signs like token velocity indicate growing demand. However, the Relative Strength Index (RSI) remains bearish. SOL's price recovery attempts may face obstacles if it fails to break $123 resistance, potentially leading to a deeper correction below $100.

Welcome to the "Daily Crypto Market Summary" — your brief overview of key events in the world of cryptocurrencies.
In this digest: will hopes for an ETF for Dogecoin be justified with the new SEC head, how the Fed's policy affects crypto investors' sentiments, and what Buffett thinks about the future of the market.
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OpenSea, a leading NFT marketplace, sought unofficial guidance from SEC Commissioner Hester Pierce to confirm that NFT marketplaces are not regulated like traditional exchanges or brokers. Despite a recent decline in NFT market activity, OpenSea argues it does not fit the legal definition of an exchange or broker under U.S. securities laws.

Interchain Labs has introduced the IBC Eureka cross-chain protocol for connecting Ethereum and Cosmos blockchains, enhancing inter-blockchain communication and asset exchange. The integration aims to provide efficient connectivity, security, and programmability for developers to create new applications and unify liquidity. Future plans include adding support for Solana, Base, and Arbitrum networks, with a vision to expand the interconnected economy by onboarding additional blockchains by 2025.

"RBC-Crypto" does not provide investment advice, the material is published solely for informational purposes. Cryptocurrency is a volatile asset that can lead to financial losses.
In the CoinMarketCap catalog, there are over a hundred categories of cryptocurrencies - from classic DeFi and stablecoins to memes, AI.

Despite recent challenges, Ripple, a popular altcoin, has started actively recovering due to significant purchases by XRP whales. The market trend suggests a potential price increase supported by key investors. While facing some hurdles related to market indicators, such as NUPL, XRP is forecasted to break the descending trend and potentially reach $2.27 with improved market conditions and investor sentiment. However, a bearish scenario could lead to a drop below key support levels at $1.94 and $1.70.

Bitcoin BTCUSD rose by 6% after Trump announced a 90-day pause on tariffs for most countries except for Whale. However, technical indicators show that while buyers have become more active, the upward trend may not be strong enough.
Understanding what is happening in the Bitcoin market B