On April 26, 2025, at approximately 10:30 AM EST, SEC Commissioner Mark Uyeda made a groundbreaking statement, suggesting that state-chartered trusts should be allowed to custody Bitcoin and other cryptocurrencies, as reported by Crypto Rover on Twitter at 10:45 AM EST. This statement marks a significant shift in regulatory perspective, potentially paving the way for broader institutional adoption of digital assets. Bitcoin (BTC) reacted immediately to the news, with its price surging from $64,200 to $65,800 on Binance within two hours of the announcement, reflecting a 2.5% increase as per Binance's real-time data at 12:45 PM EST. Trading volume for BTC/USD spiked by 38%, reaching 1.2 million BTC traded across major exchanges like Coinbase and Kraken by 1:00 PM EST, according to CoinGecko data. Ethereum (ETH) also saw a correlated uptick, rising from $3,150 to $3,240, a 2.9% gain, with trading volume increasing by 29% to 8.5 million ETH on the same exchanges during the same timeframe. On-chain metrics further supported this bullish sentiment, with Bitcoin's net inflows to exchanges dropping by 15,000 BTC between 10:00 AM and 2:00 PM EST, indicating reduced selling pressure as reported by Glassnode at 2:15 PM EST. Meanwhile, the number of unique active addresses for Bitcoin rose by 12% to 620,000 during this period, signaling heightened network activity, per Blockchain.com data at 2:30 PM EST. This news also resonated across AI-related tokens, as projects leveraging artificial intelligence for blockchain solutions saw increased interest, with tokens like Render Token (RNDR) jumping 4.1% from $7.80 to $8.12 by 1:30 PM EST on Binance, reflecting market optimism about regulatory clarity boosting AI-driven crypto innovations, according to CoinMarketCap at 1:45 PM EST. The crypto market sentiment, tracked via the Fear & Greed Index, shifted from 68 (Greed) to 74 (Extreme Greed) by 3:00 PM EST, as reported by Alternative.me, underscoring the profound impact of Uyeda's comments on investor confidence.

The trading implications of this regulatory statement are substantial for both retail and institutional investors searching for Bitcoin custody solutions and crypto market regulation updates. With state-chartered trusts potentially entering the custody space, institutional capital inflows could accelerate, driving Bitcoin price predictions for 2025 into bullish territory. Within hours of the announcement at 10:30 AM EST, major trading pairs like BTC/USDT on Binance saw bid-ask spreads narrowing by 0.1%, indicating improved liquidity as per Binance order book data at 1:00 PM EST. ETH/BTC also showed strength, with a 0.4% gain to 0.0495 by 2:00 PM EST, suggesting Ethereum's relative outperformance, according to Kraken's live charts at 2:10 PM EST. On-chain data revealed a 22% increase in large transaction volumes for Bitcoin, with transactions over $100,000 rising to 3,800 by 2:30 PM EST, as tracked by IntoTheBlock at 2:45 PM EST, pointing to whale accumulation post-news. For AI-crypto crossover opportunities, tokens like Fetch.ai (FET) witnessed a 3.8% price increase from $1.45 to $1.505 by 1:15 PM EST on Coinbase, with trading volume up 31% to 12 million FET, per CoinGecko at 1:30 PM EST. This suggests that AI-focused blockchain projects could benefit from regulatory tailwinds, as clearer custody rules may encourage AI-driven trading algorithms and decentralized finance (DeFi) integrations. Traders eyeing AI crypto trading strategies should monitor these tokens for potential breakout patterns, especially as market sentiment around cryptocurrency regulation news continues to improve, with Google Trends data showing a 40% spike in searches for 'Bitcoin custody solutions' by 3:00 PM EST.

From a technical analysis perspective, Bitcoin's price action post-announcement on April 26, 2025, showed a clear break above the $65,000 resistance level by 11:30 AM EST, with the Relative Strength Index (RSI) moving from 58 to 67 on the 1-hour chart, indicating growing bullish momentum as per TradingView data at 12:00 PM EST. The Moving Average Convergence Divergence (MACD) also flipped bullish, with the signal line crossing above the MACD line at 12:15 PM EST on Binance charts. Volume analysis confirmed the breakout, with BTC/USD recording a 24-hour volume of $28 billion across exchanges by 2:00 PM EST, a 35% increase from the prior day, according to CoinMarketCap at 2:15 PM EST. Ethereum mirrored this trend, with its RSI climbing to 65 and breaking past the $3,200 resistance by 12:30 PM EST, supported by a 30% volume surge to $12 billion, as reported by CoinGecko at 1:00 PM EST. For AI tokens, Render Token (RNDR) displayed a bullish engulfing pattern on the 4-hour chart, with RSI at 62 by 1:45 PM EST on TradingView, while trading volume soared by 42% to 5.8 million RNDR, per Binance data at 2:00 PM EST. The correlation between AI tokens and major cryptocurrencies like Bitcoin strengthened, with a 0.85 correlation coefficient for RNDR/BTC over the past 24 hours as of 3:00 PM EST, according to CryptoCompare data, highlighting how regulatory news impacts interconnected crypto sectors. Traders focusing on technical indicators for crypto trading and AI blockchain investments should watch for sustained volume and RSI levels above 60 to confirm uptrends. Overall, Uyeda's statement at 10:30 AM EST on April 26, 2025, has catalyzed a market rally, with concrete data pointing to robust trading opportunities across multiple assets and sectors.

FAQ Section:
What did SEC Commissioner Mark Uyeda say about Bitcoin custody on April 26, 2025?
SEC Commissioner Mark Uyeda stated on April 26, 2025, at 10:30 AM EST, that state-chartered trusts should be permitted to custody Bitcoin and other cryptocurrencies, as reported by Crypto Rover on Twitter at 10:45 AM EST, signaling a potential shift in regulatory frameworks.

How did Bitcoin price react to the SEC statement on April 26, 2025?
Following the announcement at 10:30 AM EST, Bitcoin's price surged from $64,200 to $65,800 on Binance by 12:45 PM EST, a 2.5% increase, with trading volume spiking by 38% to 1.2 million BTC across major exchanges, per CoinGecko data at 1:00 PM EST.