CoinEx Research April 2025 Report: Bitcoin and Gold Dual Safe Havens in a Shifting World

May 6, 2025-CoinEx Research's April 2025 Report: In early April, Bitcoin fell to $74,500 amid escalating U.S. tariff tensions. A dramatic policy shift on April 9, with Trump announcing a 90-day pause on most reciprocal tariffs and a 125% rate on Chinese imports, reignited market confidence.

Bitcoin surged over 14% for the month, peaking near $96,000 and outperforming major indices like the S&P 500. The appointment of Paul Atkins as SEC Chair added a regulatory tailwind, suggesting a potentially more favorable stance on crypto.

WTO issues new edition of World Tariff Profiles

July 7, 2025-The WTO published on 7 July the 2025 edition of World Tariff Profiles, which provides comprehensive data on the tariffs and non-tariff measures imposed by over 170 economies. It is a joint publication of the WTO, the International Trade Centre (ITC) and UN Trade and Development (UNCTAD).
The publication provides summary tables listing the average "bound" (maximum) tariffs and applied tariffs for each economy for both agricultural and non-agricultural products as of end-2024.

Flow Traders-Tokenization in Capital Markets: A Market Maker's Perspective

July 3, 2025-Tokenization unlocks efficiencies like instant settlement, 24/7 trading, and fractional ownership-but real-world adoption depends on solving infrastructure and regulatory challenges, not just technology.
Market makers face key friction points in tokenized markets: fragmented liquidity requiring pre-funding across blockchains, lack of product-market fit without real demand, and operational complexity from 24/7 trading.