In today’s cryptocurrency news, Lyn Alden, a notable macroeconomist, has presented her updated Bitcoin predictions, U.S. federal prosecutors persist in their lawsuit against SafeMoon’s ex-CEO, and Spar shoppers in Zug, Switzerland, are now able to settle their grocery bills with Bitcoin, using the Lightning Network.
Despite recent trade uncertainties, Lyn Alden remains optimistic about Bitcoin’s future. She anticipates a higher Bitcoin value by the end of 2025 than its current standing at roughly $85,000. However, she noted that her previous higher price expectations were impacted by the tariff announcement made by former U.S. President Donald Trump in February.
“Before this tariff situation, I would have projected a higher price,” Alden expressed during her interview with Natalie Brunell on the Coin Stories episode aired on April 17. She also suggested that a “massive liquidity unlock” could potentially spur Bitcoin to reach the more ambitious targets assumed before the tariff imposition.
Meanwhile, despite a Department of Justice memo indicating a shift from “regulation by prosecution,” federal prosecutors are determined to continue their case against Braden John Karony, SafeMoon’s former CEO. Karony is facing charges of securities fraud conspiracy, wire fraud conspiracy, and money laundering conspiracy for alleged misappropriation and diversion of millions of dollars’ worth of the platform’s SFM token from 2021 to 2022.
In other news, a Spar supermarket in Switzerland’s Zug city has started accepting Bitcoin payments via the Lightning Network. This initiative, announced on April 17, emphasizes the increasing acceptance of cryptocurrency for daily transactions. Switzerland has long been recognized as one of the more crypto-positive nations in Europe, with several early crypto adoption schemes.
