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Latest cryptocurrency news
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://realitypms.com/fs/200freespins/.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).
On matters of policy, pro-crypto legislators in a number of US states are pushing their respective bills; two states have introduced new legislation in April. In Canada, pro-crypto Conservatives lost to the Liberals, but the victors must form a minority government. Here’s April in numbers.
XRP led majors’ gains, rising almost 7%, driven by a ProShares ETF approval that will see three futures-tracked products go live on April 30. Cardano’s ADA gained more than 3% and BNB Chain’s BNB added 1%. Ether (ETH) was unchanged.
Cryptocurrency market news april 2025
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.
OFAC drops sanctions against Tornado Cash. On March 21, the Department of the Treasury announced the removal of economic sanctions against Tornado Cash “as reflected in Treasury’s Monday filing in Van Loon v. Department of the Treasury.” Treasury asserted that it “remains committed to using authorities to expose and disrupt the ability of malicious cyber actors to profit from their criminal activities through the exploitation of digital assets and the digital assets ecosystem.”
Before mid-June, there won’t be much market action, with a high probability of range-bound fluctuations to form a bottom. April’s market may first decline, then fluctuate and rebound. For the next two months or more, don’t have expectations of getting rich quickly; take profits when possible, securing gains is the best strategy!
Finally, all the above views are just one perspective, more importantly providing a channel for everyone to explore, to listen to different opinions for clarity, and deeply understand the logic behind events, thereby forming your own judgment.
📈 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.
Cryptocurrency market news
“Jupnet is a really big lift across the board, lots of research to be done across the board, proof of concepts to be developed in lieu of a good design, followed by lots of productizing. With Jupnet, we hope to add some special elements to the crypto space,” @weremeow noted in a post.
Another expected headline in the top crypto news this week is Jupiter Exchange’s product announcements. In a post last week, the Solana-based DEX teased a major product announcement by a Jupiter executive.
The global crypto market capitalization rose by another 2% on Tuesday, retaking the $3.5 market cap milestone after a brief dip towards $3.2 trillion on Monday. In terms of key bullish catalysts, vital figures in the US CPI data released have raised expectations of imminent Fed rate cuts.
Ethereum surged 9.0% to $2,687.03, riding high on optimism surrounding its ecosystem growth and staking momentum. Solana followed with a 5.9% gain to $182.26, supported by renewed bullish momentum after the Pump.fun revenue-sharing update sparked a surge in creator activity. Dogecoin also impressed, rising 5.7% to $0.239 as retail flows returned to top-ranked meme tokens.
While the legislation seeks to provide clarity and oversight in the burgeoning stablecoin market, recent developments have introduced partisan divisions and raised concerns over consumer protections and financial stability.
Lawmakers are now advocating for amendments to enhance consumer protections, enforce stricter financial controls and address potential ethical issues, particularly regarding the participation of large tech companies like Meta in the stablecoin space.
