cryptocurrency news april 2025

Cryptocurrency news april 2025

Mid-April witnessed ADA stabilizing within the $0.60 to $0.70 range. This period of consolidation was underpinned by significant whale accumulation, with large holders acquiring over 410 million ADA tokens during the month https://cryptosworldunited.com/category/news/legal/. This strategic accumulation signaled growing institutional confidence in Cardano’s long-term potential.

Throughout April, ADA established strong support around the $0.60–$0.62 range, with resistance near $0.70–$0.75. The successful defense of these support levels and the inability to break through resistance indicated a balanced market sentiment, with buyers and sellers reaching an equilibrium. The Relative Strength Index (RSI) hovered near 60, indicating moderate bullish momentum.

During April 2025, we can expect to see periods of heightened FOMO, particularly when prominent cryptocurrencies, such as Bitcoin and Ethereum, experience significant price rallies. These rallies can trigger a wave of buying activity, attracting both new and experienced investors.

The Relative Strength Index (RSI) hovered in the 55–60 range for most of the month, suggesting moderate bullish momentum without signaling overbought conditions. Trading volume spiked notably in the final week, aligning with the ETF-related news.

TRX started the month with relatively steady trading around $0.243 but faced pressure in the first week, falling to a monthly low of $0.2210 by April 7. This decline was largely in line with a broader market correction that saw most altcoins experiencing profit-booking after a bullish March. Concerns over U.S. inflation data and tightening monetary policy further dampened sentiment, pushing risk-averse investors to the sidelines.

Cryptocurrency news april 27 2025

The swift recovery was underpinned by Ripple’s continued efforts to expand its payment infrastructure partnerships in Latin America and Southeast Asia. These announcements reassured market participants about XRP’s utility as a bridge asset for international transactions.

The final week of April saw a slight uptick in SHIB’s price as large holders, often referred to as whales, increased their exposure. The number of wallets holding at least $1 million worth of SHIB rose by 109 during the month, bringing the total to over 860 such addresses. This surge in high-value wallet activity suggested that deep-pocketed investors viewed SHIB as undervalued or were positioning for potential future rallies.

cryptocurrency news may 7 2025

The swift recovery was underpinned by Ripple’s continued efforts to expand its payment infrastructure partnerships in Latin America and Southeast Asia. These announcements reassured market participants about XRP’s utility as a bridge asset for international transactions.

The final week of April saw a slight uptick in SHIB’s price as large holders, often referred to as whales, increased their exposure. The number of wallets holding at least $1 million worth of SHIB rose by 109 during the month, bringing the total to over 860 such addresses. This surge in high-value wallet activity suggested that deep-pocketed investors viewed SHIB as undervalued or were positioning for potential future rallies.

Despite the short-term decline, Solana’s fundamentals remained intact. The decline proved to be a healthy correction rather than the start of a longer-term downtrend. By April 11, buyers began stepping in aggressively, especially around the $110 level, which had historically acted as a key support zone. This sign of resilience helped SOL regain strength and initiate a steady climb in the following days.

The Relative Strength Index (RSI) remained subdued throughout much of the month, rarely climbing above 50 and dipping near 35–40 during sharp corrections. This suggested that TON lacked the bullish momentum needed for a sustained recovery.

Cryptocurrency news may 7 2025

Bitcoin (BTC) Bitcoin (BTC) is now trading at $104,216 up 0.95% since yesterday’s close. The crypto has recently reclaimed the $100,000 mark on upbeat mood around a new U.S.-U. K. trade pact and possible headway at coming trade discussions with China.

Ethereum co-founder Vitalik Buterin has hinted at a future path where Ethereum aims to be “as simple as Bitcoin.” His statement has sparked a wider conversation about protocol simplicity, the smart contract platform future, and the decentralized applications space in general. Simplifying Ethereum protocols could attract more developers and improve usability, which could grow Ethereum’s competitive advantage among Layer 1 projects.

Arizona Governor signs multiple crypto laws and vetoes others. Arizona’s Governor Katie Hobbs approved HB 2749, which integrates digital assets such as cryptocurrencies and virtual currencies into the state’s unclaimed property system. The new law defines “digital assets,” introduces terms like “airdrop” and “staking,” and sets clear procedures for reporting, holding, and transferring unclaimed digital assets. Under the new law, businesses holding these assets for others must track owner communications and report unclaimed property after three years of inactivity, delivering the assets in their native form to the Arizona Department of Revenue or a qualified custodian. The law also allows the state to stake or receive airdrops on unclaimed assets, with any resulting rewards directed to a newly established Bitcoin and Digital Assets Reserve Fund. After a three-year holding period, the Department of Revenue is required to sell listed digital assets at prevailing market prices, with proceeds managed by the State Treasurer.

cryptocurrency news last 24 hours

Bitcoin (BTC) Bitcoin (BTC) is now trading at $104,216 up 0.95% since yesterday’s close. The crypto has recently reclaimed the $100,000 mark on upbeat mood around a new U.S.-U. K. trade pact and possible headway at coming trade discussions with China.

Ethereum co-founder Vitalik Buterin has hinted at a future path where Ethereum aims to be “as simple as Bitcoin.” His statement has sparked a wider conversation about protocol simplicity, the smart contract platform future, and the decentralized applications space in general. Simplifying Ethereum protocols could attract more developers and improve usability, which could grow Ethereum’s competitive advantage among Layer 1 projects.

Arizona Governor signs multiple crypto laws and vetoes others. Arizona’s Governor Katie Hobbs approved HB 2749, which integrates digital assets such as cryptocurrencies and virtual currencies into the state’s unclaimed property system. The new law defines “digital assets,” introduces terms like “airdrop” and “staking,” and sets clear procedures for reporting, holding, and transferring unclaimed digital assets. Under the new law, businesses holding these assets for others must track owner communications and report unclaimed property after three years of inactivity, delivering the assets in their native form to the Arizona Department of Revenue or a qualified custodian. The law also allows the state to stake or receive airdrops on unclaimed assets, with any resulting rewards directed to a newly established Bitcoin and Digital Assets Reserve Fund. After a three-year holding period, the Department of Revenue is required to sell listed digital assets at prevailing market prices, with proceeds managed by the State Treasurer.

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