Sec cryptocurrency news
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin remains range-bound, currently hovering around the $94,600 mark. The macroeconomic data collected so far creates a favourable environment for Bitcoin’s rally https://awmopen.com/. The US consumer confidence dropped to 86.0, hitting its lowest since May 2020, while US job openings dropped to 7.19 million, both pointing towards a cooling economy. This raises the probability of an economic stimulus, typically encouraging investment in risk-on assets like crypto. Meanwhile, Bitcoin spot ETFs continue to see strong inflows, with BlackRock purchasing $970 million in BTC, helping stabilise the price. Bitcoin now faces resistance at $96,700, with support rising to $94,000.”
Despite the occasional spike in short positions, data suggests that long-term BTC holders, who have significantly reduced their liquidations since the start of the year, maintain a strongly bullish outlook.
From a technical standpoint, the most important news from the past month was arguably the shift in development priorities by the Ethereum Foundation (EF). There are multiple elements to the changes, but from the standpoint of investing in the Ether (ETH) token, the key change, in our view, was the renewed focus on scaling the Ethereum Layer 1 (i.e., increasing the transaction throughput of the Ethereum mainnet itself). Based on EF comments on social media and elsewhere, the rough expectation seems to be a 3x increase in Layer 1 transactions per second (TPS) each year for several years, with a long-run target of 10,000 TPS (Exhibit 4). Increasing Layer 1 TPS while maintaining a degree of pricing power is the best way to increase transaction fees, reduce token supply, and support the token’s price (for more detail, see Ethereum: The OG Smart Contract Blockchain).
President Trump pardons BitMex and executives. On March 27, President Donald Trump issued “full and unconditional” pardons to HDR Global Trading Limited, operator of the BitMex cryptocurrency exchange, and four of the firm’s former executives – Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer. The pardons relate to 2024 and 2022 guilty pleas to violations of the Bank Secrecy Act (BSA) and failure to maintain adequate anti-money laundering (AML) compliance programs. The individuals had been sentenced to probation and ordered to pay collectively more than $30 million, while HDR had been ordered to pay a $100 million fine in addition to $100 million to settle registration failures with the Commodity Futures Trading Commission (CFTC) and the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). For more information on BitMex, see our prior issues: January 2025, July 2024, May 2022, and March 2022.
Latest cryptocurrency news april 2025
While this guidance, released on April 4, 2025, expresses only the views of the staff of the Division of Corporation Finance and is not legally binding, it nevertheless clearly states the SEC staff’s current position on what the guidance defines as “Covered Stablecoins.”
The Polkadot platform advances its ecosystem growth through parachain auctions and cross-chain features. Developers and investors choose Polkadot because they find its network upgrades efficient for maintaining blockchain scalability.
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While this guidance, released on April 4, 2025, expresses only the views of the staff of the Division of Corporation Finance and is not legally binding, it nevertheless clearly states the SEC staff’s current position on what the guidance defines as “Covered Stablecoins.”
The Polkadot platform advances its ecosystem growth through parachain auctions and cross-chain features. Developers and investors choose Polkadot because they find its network upgrades efficient for maintaining blockchain scalability.
Unsolicited e-mails and information sent to DLA Piper or the independent DLA Piper Relationship firms will not be considered confidential, may be disclosed to others, may not receive a response, and do not create a lawyer-client relationship with DLA Piper or any of the DLA Piper Relationship firms. Please do not include any confidential information in this message. Also, please note that our lawyers do not seek to practice law in any jurisdiction in which they are not properly permitted to do so.
Cryptocurrency news april 30 2025
In total, five large language models (LLMs) were queried regarding Bitcoin’s near-term prospects. The average 30-day price forecast set by these AI models stands at $87,512 — a figure equating to a 3.86% upside compared to current prices.
From a technical standpoint, the most important news from the past month was arguably the shift in development priorities by the Ethereum Foundation (EF). There are multiple elements to the changes, but from the standpoint of investing in the Ether (ETH) token, the key change, in our view, was the renewed focus on scaling the Ethereum Layer 1 (i.e., increasing the transaction throughput of the Ethereum mainnet itself). Based on EF comments on social media and elsewhere, the rough expectation seems to be a 3x increase in Layer 1 transactions per second (TPS) each year for several years, with a long-run target of 10,000 TPS (Exhibit 4). Increasing Layer 1 TPS while maintaining a degree of pricing power is the best way to increase transaction fees, reduce token supply, and support the token’s price (for more detail, see Ethereum: The OG Smart Contract Blockchain).
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.
Cryptocurrency news cardano
Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.
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The developers’ goals for usability and utility are less well-defined compared to scalability. The roadmap’s action items for these topics are much more limited, focusing on enhancing developer tools.
The trading activity across major exchanges paints a clear picture. Binance leads with the highest ADA volume at $2.19 million, followed by Bybit at $757,300. Interestingly, Bybit also tops the list for net inflows, attracting $259,750, while Binance follows with $178,300. These inflows show that fresh capital is still cautiously entering ADA markets.
Cardano is a proof-of-stake (PoS) currency, which means that blocks on the Cardano blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by “staking” existing coins on the network or by running a master node.