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cryptocurrency news april 30 2025

Cryptocurrency news april 30 2025

Second, I support providing registrants with greater optionality in determining how to custody crypto assets. Commission staff recently removed a significant impediment for companies seeking to provide crypto asset custodial services by rescinding Staff Accounting Bulletin No richpalm. 121. That pronouncement was a grave error. The staff had no place to act so broadly in place of Commission action and without notice-and-comment rulemaking. The action created needless confusion and went far beyond the jurisdiction of the SEC in its effects. However, the SEC can do much more to enhance competition in the market for legally compliant custodial services than merely getting rid of SAB 121.

The test stems from SEC v. W.J. Howey Co., a 1946 U.S. Supreme Court decision establishing the criteria. The Howey test has become a central one for those in the financial sector, including the burgeoning cryptocurrency space, since it decides what, if any, regulations apply to specific entities. Here are the four criteria under Howey:

If a cryptocurrency meets the criteria to be an investment contract, the SEC requires it to be registered as an investment. It will therefore come under SEC regulation. If it is offered to institutional investors, it is considered an investment contract and must also be registered.

The SEC has targeted crypto exchanges like Binance, Coinbase and others for allegedly operating unregistered securities exchanges. That scrutiny came after the high-profile meltdown of FTX, the exchange founded by disgraced crypto mogul Sam Bankman-Fried.

cryptocurrency news april 28 2025

Cryptocurrency news april 28 2025

In Texas, HB 5352 would establish a State Blockchain Technology Pilot Program by the Department of Information Resources. The pilot aims to see how blockchain technology could improve “transparency, security, and efficiency in government operations.”

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.

Crypto saw losses as well. Bitcoin’s price decreased 9% between the Liberation Day announcement and April 8. However, unlike stock markets, which are still seeing losses, Bitcoin has managed to close out the month higher than where it started. At the time of writing, BTC is up 16.16%, trading at $94,729.

On matters of policy, pro-crypto legislators in a number of US states are pushing their respective bills; two states have introduced new legislation in April. In Canada, pro-crypto Conservatives lost to the Liberals, but the victors must form a minority government. Here’s April in numbers.

On April 2, the US president levied retaliatory tariffs on all US trade partners, sending Wall Street into a spiral. Between the announcement after market close and the end of trading on April 8, global markets wiped off more than $8.5 trillion in asset value. By the same date, the S&P 500 had fallen by just north of 12%.

Cryptocurrency news april 22 2025

???? Analysts anticipate Bitcoin’s potential surge to $100,000, fueled by institutional demand and favorable macroeconomic conditions. ⚠️ However, excessive optimism could trigger short-term corrections, making risk management essential.

Ethereum has shown strong price action in recent days by reclaiming key levels above $1,950 and $2,000. A surge in its volume supports the bullish momentum but caution is necessary due to high leverage driving the volatile price movement. A stable Bitcoin price is also crucial for Ethereum’s bullish momentum and all other altcoins as well.

Throughout April 2025, Bitcoin exhibited significant price swings, fluctuating between $76,000 and $95,000. After hitting a low of $76,000 on April 8, BTC rebounded to $88,500, then peaked at $91,740 on April 22—its highest level since March.

April 22, 2025, marks a significant day for the cryptocurrency market with notable launches and updates. Ripple’s strategic deployment of the RLUSD stablecoin on the Aave V3 platform, with a $50 million supply cap, aims to challenge the dominance of established stablecoins and penetrate the booming DeFi market. This move is backed by U.S. dollar deposits, Treasury bonds, and cash equivalents, and includes a security-enhancing clawback feature.

latest cryptocurrency news april 30 2025

???? Analysts anticipate Bitcoin’s potential surge to $100,000, fueled by institutional demand and favorable macroeconomic conditions. ⚠️ However, excessive optimism could trigger short-term corrections, making risk management essential.

Ethereum has shown strong price action in recent days by reclaiming key levels above $1,950 and $2,000. A surge in its volume supports the bullish momentum but caution is necessary due to high leverage driving the volatile price movement. A stable Bitcoin price is also crucial for Ethereum’s bullish momentum and all other altcoins as well.

Latest cryptocurrency news april 30 2025

CoinDCX Research Team noted, “The crypto market consolidation continues as most of the tokens remain stuck within the same pre-determined range with a decrease in volatility. Bitcoin continues to trade around $94,600, while the other altcoins remain stuck around the ranges they traded in the past couple of days. Meanwhile, the altcoins like Monero (XMR), Artificial SuperIntelligence Alliance (FET), Fartcoin (FARTCOIN), etc., and a few more display strength, while Virtual Protocol (VIRTUAL), Official Trump (TRUMP), and Walrus (WAL) face a huge pullback of nearly 10%.”

The crypto market is full of action again. As of April 2025, a lot has been happening with Bitcoin, market movements, and government decisions that are making headlines. Here’s everything in simple words.

PwC issues Global Crypto Regulation Report. In March, Price Waterhouse Coopers released its Global Crypto Regulation Report 2025. The report “provides an overview of the global regulatory landscape, how regulatory frameworks are developing across the world, and the impact on crypto and traditional financial services firms.” The report contains a “high-level snapshot of global cryptocurrency regulation,” key regulatory trends, a summary of recent developments by “key global standard-setting institutions,” and an overview of digital assets regulation across key jurisdictions.

While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.

Tariffs and trade conflicts have no direct impact on Bitcoin and may increase adoption over the medium term. First, stagflation tends to be harmful for traditional assets like stocks and positive for scarce commodities like gold (Exhibit 3). Bitcoin was not around for past stagflations but can also be considered a scarce digital commodity and is increasingly viewed as a modern store of value. Second, trade tensions may put pressure on reserve demand for the U.S. Dollar, opening space for competing assets, including other fiat currencies, gold, and Bitcoin (for more detail, see Market Byte: Tariffs, Stagflation, and Bitcoin). For these reasons, events over the last month have increased our confidence that portfolio demand for Bitcoin will continue to grow over the coming year.

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