cryptocurrency news april 30 2025

Cryptocurrency news april 30 2025

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 https://vege-chandra.info/.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).

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.

Kentucky enacts framework for digital assets and blockchain. On March 24, Kentucky enacted HB 701, establishing a framework for the treatment of digital assets and blockchain under state law. The new law defines terms relating to blockchain technology; allows individuals to use digital assets and self-hosted wallets; prohibits local zoning changes that discriminate against a digital asset mining business; provides guidelines for operation of a node; amends state law to exclude home digital asset mining, digital asset mining business, and the operation of a node from money transmitter license requirements; and provides that digital asset mining or staking as a service shall not be deemed to be offering or selling a security.

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cryptocurrency news cardano

Cryptocurrency news cardano

Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.

As reported by CNF, Charles Hoskinson has faced allegations from Masato Alexander, who claims that Hoskinson misappropriated 318 million ADA during the 2021 Allegra hard fork. In his defence, Charles stated that a Move Instantaneous Rewards (MIR) transaction was used to quietly redirect unclaimed ADA from early investors into Cardano’s treasury without clear communication or consent.

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.

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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.

Cryptocurrency news april 28 2025

The tokenization of real-world assets (RWAs) has been one of the rising use cases for blockchain technology in April. Ethereum is leading the way, with the value of the RWA tokenization on the network increasing to $6.2 billion. This marks a 20% increase over the month of April.

As reported in Cointelegraph Magazine, Ethereum advocates and developers have generally assumed that Ethereum will be the logical choice for firms exploring RWAs. Indeed, Fink said there’s “no question that the blockchain we would start our tokenization on would be Ethereum, and that’s not just a BlackRock thing. That’s the natural default answer.”

While the meeting was viewed positively, CZ expressed concerns about traditional media’s portrayal. He speculated that outlets like Bloomberg might frame the event negatively, focusing on past legal issues rather than the current initiatives he is leading.

One exception to the relatively dormant market was privacy coin monero (XMR), which surged more than 40% to as high as $371, a level not seen since May 2021. It was recently trading around $264, up 15% over 24 hours.

cryptocurrency news april 22 2025

The tokenization of real-world assets (RWAs) has been one of the rising use cases for blockchain technology in April. Ethereum is leading the way, with the value of the RWA tokenization on the network increasing to $6.2 billion. This marks a 20% increase over the month of April.

As reported in Cointelegraph Magazine, Ethereum advocates and developers have generally assumed that Ethereum will be the logical choice for firms exploring RWAs. Indeed, Fink said there’s “no question that the blockchain we would start our tokenization on would be Ethereum, and that’s not just a BlackRock thing. That’s the natural default answer.”

Cryptocurrency news april 22 2025

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

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.

Cardano holds a $26 billion market cap but has yet to make significant moves. Market speculation links it to a potential Coinbase listing, which could drive price growth. Also, Trump mentioned it in a recent tweet as one of the coins with great potential for growth.

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.

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.