cryptocurrency latest news

Cryptocurrency latest news

Just hours before BlackRock’s announcement, blockchain startup Libre disclosed it was tokenizing $500 million worth of Telegram’s $2.4 billion corporate debt, bringing it to the TON blockchain, highlighting increasing institutional interest in asset tokenization https://cryptoharry.net/category/news/.

As of April 30, the global cryptocurrency market witnessed a notable uptick, with the total market capitalization rising to $2.97 trillion, reflecting growing investor confidence and renewed momentum across major digital assets.

Edul Patel, CEO and Co-founder of Mudrex, commented that Bitcoin remains in a consolidation phase, currently hovering around $94,600. He noted that recent macroeconomic data such as a drop in U.S. consumer confidence to 86.0 (its lowest since May 2020) and a fall in job openings to 7.19 million suggests a cooling U.S. economy.

Cryptocurrency news april 2025

Additionally, Polkadot and Cosmos are blockchain networks designed with interoperability and scalability in mind. They allow for the creation of parallel chains, known as parachains and zones, respectively, which can handle a high volume of transactions independently, enhancing overall network performance.

The middle of the month was marked by consolidation, with Dogecoin fluctuating between $0.15 and $0.18. Although price movement was relatively flat compared to the early and late weeks of April, sentiment began to improve due to increasing institutional curiosity.

This rally confirmed that institutional participation, even in meme coins, can inject new momentum into the asset, especially when combined with retail enthusiasm. The blend of formal financial access and community-driven support has historically worked well for Dogecoin and continued to play a role in April.

The optimistic scenario is weak or as-expected data, i.e., new job additions ≤150,000, unemployment rate ≥4.3%, wage growth slowing. Rate cut expectations rise, dollar retreats, BTC may break through resistance levels and strengthen with fluctuations.

XRP gained renewed attention as rumors swirled about an ETF launch and regulatory settlement with the SEC. These developments strengthened XRP’s market position, pushing it into the top five cryptocurrencies by market capitalization.

cryptocurrency news may 6 2025

Cryptocurrency news may 6 2025

The 38.2% Fibonacci level of $0.24 will need to act as key support for bullish momentum to develop. Moreover, with great advancements on Stellar’s blockchain platform, from cross border payments to Defi and RWA, Stellar is fundamentally ready for a stellar year.

The Stacks long term chart looks bullish. It is printing a series of bullish reversal in the context of a long term uptrend. An acceleration point will be hit, sooner or later, presumably on BTC bullish momentum somewhere in 2025.

By merging blockchain with AI, Lightchain AI tackles major challenges like scalability, governance, and privacy, positioning itself as a frontrunner in creating intelligent systems with real-world impact across industries.

Exchange activity also remains intense. Binance will delist multiple trading pairs on May 2, while South Korean exchanges Upbit and Bithumb are removing several low-liquidity tokens throughout the month.

The U.S. Treasury Department has blacklisted Funnull Technology, a Philippines-based firm accused of facilitating thousands of crypto scam websites. Estimated damages exceed $200 million, making this one of the largest scam networks ever exposed.

Regulatory shift in Europe: MiCA regulation is now fully in effect. By March 31, 2025, EU platforms were required to delist non-compliant stablecoins. This has triggered a shift toward EU-compliant euro stablecoins (e.g., EURC, EURT), and led Coinbase to delist USDT for EU users. Expect further regional reshuffling as regulatory clarity evolves. Institutional stablecoin flows signal continued market confidence — and smart traders are watching those on-chain mints closely.

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