Crypto Weekly Recap: Trump Tariffs Fuel Bitcoin Growth; Fake Android Phones Harbor Crypto Malware; Altcoin Rally Predicted; & More (Mar 30–Apr 5, 2025)

Crypto Weekly Recap: Trump Tariffs Fuel Bitcoin Growth; Fake Android Phones Harbor Crypto Malware; Altcoin Rally Predicted; & More (Mar 30–Apr 5, 2025)

By MelegaSwap | Fresh Crypto News | 6 Apr 2025


Bitcoin’s mysterious creator, Satoshi Nakamoto, just turned 50—at least according to a now-archived P2P Foundation profile that listed April 5, 1975, as their birthday. While Nakamoto’s true identity remains unknown, the invention continues to shape the global financial landscape.

This milestone comes amid growing institutional interest and rising geopolitical relevance. In the U.S., President Trump’s new executive order imposing a 10% tariff on all imports is expected to stir global markets. Bitwise analyst Jeff Park believes such instability could boost Bitcoin’s role as a store of value.

With Bitcoin showing signs of decoupling from stocks and gold, a return to the $100,000 level may happen sooner than expected.

So, what else has happened in the world of crypto lately? Here’s your quick recap of the biggest stories from the past week.

Visit our website for transparent and decentralized crypto trading and to list your crypto token for free. For more, follow Melega Finance (@meleganews) on X.

TOP CRYPTO NEWS RECAP (March 30–April 5, 2025)

  • Arthur Hayes: Trump's Tariffs Could Spark a Bitcoin Boom
  • Lawmakers Demand Transparency on Trump’s Crypto Ties Amid SEC Concerns
  • Counterfeit Android Phones Sold Online Found Preloaded with Crypto-Stealing Malware
  • Altcoins May Rally by June, But Only Quality Projects Will Benefit, Says Analyst
  • US House Committee Advances STABLE Act to Regulate Stablecoins
  • Fidelity Launches Low-Fee Crypto IRAs Amid Growing Retirement Market Interest

Arthur Hayes: Trump's Tariffs Could Spark a Bitcoin Boom

Arthur Hayes, BitMEX co-founder, believes U.S. tariffs under Donald Trump could benefit Bitcoin in the medium term by disrupting global economic balances. Announced on April 3, the tariffs include a 10% baseline on all countries, with higher rates for China (34%), the EU (20%), and Japan (24%). Hayes argues this may weaken the U.S. dollar and foreign currencies like the yuan, pushing investors toward Bitcoin. A major Nasdaq drop and falling Treasury yields hint at expected Fed rate cuts, which could boost crypto markets. Bitwise’s Jeff Park agrees, predicting a surge in risk assets like Bitcoin.

Lawmakers Demand Transparency on Trump’s Crypto Ties Amid SEC Concerns

Senator Elizabeth Warren and Representative Maxine Waters have urged the SEC to preserve records related to World Liberty Financial (WLFI), a crypto firm backed by Donald Trump’s family. In an April 2 letter, the lawmakers warned of a conflict of interest, citing WLFI’s recent stablecoin launch and Trump’s broader crypto initiatives. They expressed concern that the SEC’s independence may be compromised, potentially favoring crypto policies that benefit Trump’s family. The letter follows reduced SEC enforcement under Trump and the upcoming vote on Paul Atkins, Trump’s nominee to lead the agency.

Counterfeit Android Phones Sold Online Found Preloaded with Crypto-Stealing Malware

Cybersecurity firm Kaspersky uncovered a scam involving thousands of counterfeit Android phones preloaded with the Triada Trojan, a sophisticated malware designed to steal cryptocurrency and sensitive user data. At least 2,600 infections have been confirmed, mainly in Russia. The trojan, embedded during the supply chain process, gives attackers near-total control of infected devices, enabling theft through wallet address manipulation and interception of texts, including 2FA codes. Kaspersky estimates that attackers may have stolen over $270,000, possibly more. Experts warn users to buy only from trusted sources and install security software immediately to avoid these threats.

Altcoins May Rally by June, But Only Quality Projects Will Benefit, Says Analyst

Altcoins could see one final rally this cycle by June. Still, only those with strong utility and active networks will likely benefit, according to Real Vision’s chief crypto analyst Jamie Coutts. He advises traders to use network activity as their “north star” when investing. Despite the existence of over 36 million altcoins, Ethereum dominates TVL at 55.56%. Key altcoin indicators remain weak, and Bitcoin still leads the market. Coutts expects Bitcoin to hit all-time highs by the end of Q2, potentially triggering the altcoin recovery, but only for high-quality projects.

US House Committee Advances STABLE Act to Regulate Stablecoins

The US House Financial Services Committee passed the Republican-led STABLE Act on April 2 with a 32–17 vote, moving it to a full House vote. The bill, co-authored by Reps. With input from Tether, French Hill and Bryan Steil aim to regulate payment stablecoins by enforcing issuer transparency and token backing. Democratic opposition, led by Maxine Waters, raised concerns over potential misuse by figures like Donald Trump, whose family recently launched a stablecoin. Meanwhile, the GENIUS Act, a separate stablecoin oversight bill, is also progressing through Congress, with efforts underway to align both bills.

Fidelity Launches Low-Fee Crypto IRAs Amid Growing Retirement Market Interest

Fidelity has introduced three new retirement accounts—one traditional and two Roth IRAs—that enable Americans to buy and sell Bitcoin, Ether, and Litecoin with a 1% spread fee and no account maintenance costs. Offered through Fidelity Digital Assets, the accounts expand crypto access beyond institutional investors. The company stores most assets in cold storage for security. This move reflects a shift in U.S. retirement investing, as crypto IRAs and ETFs grow in popularity. It also follows recent political efforts, like Senator Tuberville's bill to include crypto in 401(k)s, signaling rising mainstream adoption.

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