Cryptocurrency news
Meanwhile, according to the Avalanche Foundation, more than 30 million contracts have been deployed across all indexed Avalanche Layer-1 (L1) networks. Approximately 10 million were deployed in the past month alone, with accelerating activity across the Avalanche network https://tpfu.info/.
However, as some Democrats have insisted that an imperfect bill is better than no regulatory legislation, the top Democrat on the Senate Banking Committee argued the opposite. In a speech on the Senate floor on Monday afternoon, Sen. Elizabeth Warren insisted, “while a strong stablecoin bill is the best possible outcome, this weak bill is worse than no bill at all.”
Stablecoins are a fast-growing corner of the cryptocurrency industry that have produced enormous profits for some of the major players involved. They offer a buffer from cryptocurrency’s notorious volatility because they are pegged to real-world assets, like U.S. dollars or gold. Typically, that means a single stablecoin is worth $1, making them a much more reliable digital asset to make commercial transactions than other forms of crypto.
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.
📈 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.
Bitcoin purchases by public companies have been one consistent source of demand. Strategy (formerly MicroStrategy), which pioneered corporate Bitcoin investing, purchased another 25k Bitcoin (~$2.4bn) during April. Strategy now holds roughly 3% of the circulating supply valued at more than $50bn. Separately, a consortium including Tether, Bitfinex, Softbank, and Cantor Fitzgerald announced the creation of Twenty One Capital, a new company initially capitalized with 42,000 Bitcoin. At that size Twenty One Capital would have the third-largest Bitcoin portfolio among public companies, after Strategy and Bitcoin miner MARA. The company will go public through a SPAC (special-purpose acquisition company), which currently trades as Cantor Equity Partners (ticker: CEP).
Thanks to a 7.91% price increase, Axelar was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Safe came in second place, with 24-hour gains of 7.85%. Celo, WEMIX Token and Bonk complete today’s list of the top cryptocurrency gainers.
California DFPI partners with state DOJ against crypto scams. On March 10, the California Department of Financial Protection and Innovation (DFPI) announced that “through its nationally-recognized Crypto Scam Tracker and a new partnership with the California Department of Justice (DOJ), the state has shut down more than 26 different crypto scam websites and uncovered $4.6 million in consumer losses.” Additionally, “the DFPI has also identified seven new scam types based on more than 2,668 complaints submitted by consumers in California and from across the U.S. in 2024.” The scam types include scams related to bitcoin mining, gaming, jobs, giveaways, and investments.
FinCEN notes FATF identifies jurisdictions with AML/CFT deficiencies. On February 26, FinCEN announced that the Financial Action Task Force (FATF) updated its lists of jurisdictions with strategic anti-money laundering (AML), countering the financing of terrorism (CFT), and countering the financing of proliferation of weapons of mass destruction (CPF) deficiencies at the conclusion of its plenary meeting this month. FinCEN informed US financial institutions to consider FATF’s stance toward these jurisdictions when reviewing their obligations and risk-based policies, procedures, and practices. FATF added Laos and Nepal to its list of jurisdictions under increased monitoring and removed the Philippines from that list. Additionally, FATF’s list of high-risk jurisdictions subject to a call for action remains the same (Iran, Democratic People’s Republic of Korea and Burma).
Cryptocurrency news april 22 2025
🏦 BlackRock: Its Bitcoin ETF surpassed $50 billion in assets in just 15 months, underscoring growing institutional demand for crypto exposure. 🏦 MicroStrategy: Increased its Bitcoin holdings to 447,470 BTC, continuing its long-term accumulation strategy.
Dubai hosted the TOKEN2049 conference, attracting over 15,000 participants, including industry leaders from BlackRock, Goldman Sachs, and Binance. Discussions revolved around crypto adoption, regulations, and shifting investor sentiment toward Trump’s policies on digital assets.
On the same day, Coinbase Derivatives expanded its offerings with two new cryptocurrency futures products for XRP, regulated by the US Commodity Futures Trading Commission (CFTC). These products, aimed at both retail and institutional traders, signify a positive shift in Ripple’s regulatory landscape, potentially boosting XRP’s market presence. The futures are tied to the MarketVector Coinbase XRP index and are cash-settled, catering to different investor capacities.
In the ever-changing world of cryptocurrencies, there are the top ten as of April 22, 2025. With the recognition of cryptocurrencies as a legitimate means of transaction, these digital currencies have gained exponential traction.n 1. Bitcoin (BTC): Bitcoin still retains the throne due to its decentralization, maximum supply limit, and widespread adoption.n 2. Ethereum (ETH): Holding firmly in second place, Ethereum is revered for its smart contracts and rapid transaction speeds.n 3. Binance Coin (BNB): Distinguished by its compatibility with the Binance exchange, it has become an investor’s favorite.n 4. Cardano (ADA): This open-source project is known for its rigorous scientific approach and capability to process more transactions.n 5. Ripple (XRP): XRP, with its lightning-fast transaction speed, comes in fifth.n 6. Uniswap (UNI): This automated liquidity provision on Ethereum has a reliable growth in the market.n 7. Polkadot (DOT): Offering multiple chains in a single network, Polkadot ensures higher scalability and security.n 8. Litecoin (LTC): Inspired by Bitcoin, Litecoin offers faster transaction confirmation.n 9. Dogecoin (DOGE): Launched as a meme cryptocurrency, DOGE managed to establish itself in the crypto world.n 10. Chainlink (LINK): Known for its reliable smart contracts, Chainlink ends our list.n This is a dynamic and fast-changing sector and it is advised to do thorough research before any investments. Read More
Sec cryptocurrency news
On February 13, a federal judge granted a joint request by the SEC and Binance, the world’s largest crypto exchange, to pause their ongoing litigation while they await new rules from the crypto task force. The SEC petitioned for a similar pause on Wednesday in a separate case against Justin Sun, the Chinese crypto entrepreneur who recently announced he had invested $75 million in a crypto project with ties to the Trump family.
Below, we guide you through the powers the SEC has over cryptocurrencies, how it has used that authority thus far, and what its stepped-up enforcement within this space means for the future of these digital assets.
The US Securities and Exchange Commission (SEC) is backing away, one by one, from the volley of lawsuits and investigations it brought against cryptocurrency businesses under the Joe Biden administration, in a reversal described by a former attorney at the regulatory agency as “unprecedented.”
In the last week alone, the SEC agreed to drop its lawsuit against crypto exchange Coinbase outright, while trading platforms Robinhood and Uniswap, nonfungible token marketplace OpenSea, and crypto software company Consensys all celebrated the apparent end of SEC investigations into their respective crypto activities.
Cryptocurrencies come under the SEC’s authority if they meet the Howey test. This standard is derived from a 1946 Supreme Court case about orange groves and has since been used to differentiate the sale of securities from other purchases . The court ruled that a contract falls under the SEC’s jurisdiction if someone invests “money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party.”
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