Etrscrypto cryptocurrency news by etherions
Ripple’s RLUSD launch on Aave V3 illustrates its intent to carve a niche in the DeFi space by providing a stablecoin that not only promises high security with its clawback feature but also supports cross-border payments https://mayhandientu.info/casino-online/shazam/. This strategic move could disrupt the stablecoin market, currently dominated by USDT and USDC, by offering unique features that appeal to institutional investors.
Additionally, Iota announced an upgrade to its Layer-1 blockchain, transitioning to the IOTA Rebased Protocol. This upgrade is set to enhance scalability, transaction speed, and introduce new features like smart contracts and staking rewards, aiming to attract institutional investors and bolster its position in the Web3 ecosystem. The Mysticeti consensus and Move programming language are central to these advancements.
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.
Ada cryptocurrency news
In ADA’s case, Daily Active Addresses fell to 23,644 on Tuesday from 35,696 on May 14, extending a downtrend that started in early March. This indicates that demand for ADA’s blockchain usage is decreasing, which doesn’t bode well for Cardano’s price.
In ADA’s case, Daily Active Addresses fell to 23,644 on Tuesday from 35,696 on May 14, extending a downtrend that started in early March. This indicates that demand for ADA’s blockchain usage is decreasing, which doesn’t bode well for Cardano’s price.
One Cardano (ADA) is currently worth $0.74 on major cryptocurrency exchanges. You can also exchange one Cardano for 0.00000699 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Cardano in U.S. dollars is $26.26 billion.
Recent developments have strengthened Cardano’s market position, particularly its addition to Grayscale’s Digital Large Cap Fund and integration with Brave browser’s wallet system. These partnerships have significantly expanded ADA’s potential user base, with the Brave integration alone connecting Cardano to over 86 million users worldwide.
After jumping 20% last week, Cardano (ADA) has now dropped 5%, but there’s more behind it. With the Brave Wallet now supporting ADA and Cardano’s founder teasing more surprises, the stage is set for ADA price to hit a month high. So, is ADA on its way to $1?Let’s dive in detail, & how $1 reach is possible?
The Brave browser, which has over 70 million users, has officially added support for ADA in its built-in crypto wallet. Reacting to the news, Cardano’s founder Charles Hoskinson hinted that this is just the beginning. He suggested that several more big updates will roll out through the Summer and Fall of 2025.
Cryptocurrency market news april 2025
However, overall, a favorable turn in the broader environment (such as Fed rate cuts and balance sheet expansion) is still needed; and recent events such as the Ethereum Foundation selling tokens and core developers leaving have caused community dissatisfaction, coupled with the rise of competitors like Solana, may weaken the positive impact of the upgrade. Although the testnet is progressing smoothly, if vulnerabilities or delays occur in the mainnet upgrade, it may trigger short-term selling pressure.
In the short term, the Fed’s slowing of balance sheet reduction coupled with rate cut expectations may drive Bitcoin to maintain an upward trend with fluctuations in April, but caution is needed regarding risks of correction triggered by inflation data exceeding expectations or geopolitical conflicts. In the medium to long term, if the US economy achieves a soft landing (avoiding recession) and inflation is controllable, cryptocurrencies may benefit from improved liquidity; if stagflation risks intensify, market volatility will significantly increase.
April was a month of major developments, from Bitcoin’s price swings to Ethereum’s upgrade and expanding institutional investments. Regulatory shifts and high-profile partnerships are paving the way for greater crypto adoption.
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.
Cryptocurrency news april 30 2025
April was a month of major developments, from Bitcoin’s price swings to Ethereum’s upgrade and expanding institutional investments. Regulatory shifts and high-profile partnerships are paving the way for greater crypto adoption.
Bitcoin (BTC) has been on a slow recovery since mid-March. Moves to the upside are limited, and at present, involve multiple unsuccessful attempts to breach local resistance levels before a decisive break ultimately occurs.
CFTC withdraws staff advisory related to clearing of digital asset derivatives. On March 28, the CFTC announced that it was withdrawing Staff Advisory No. 23-07, which warned Derivatives Clearing Organizations (DCOs) that the CFTC’s Division of Clearing and Risk (DCR) would treat digital asset services as involving «heightened cyber and other operational risks,» exposing DCOs to greater scrutiny from the DCR. In withdrawing the advisory, the CFTC emphasized that «its regulatory treatment of digital asset derivatives» will not «vary from its treatment of other products.»
Utah enacts blockchain and digital innovation amendments. On March 25, Utah enacted HB 230 which prohibits state and local governmental entities from restricting the acceptance or custody of digital assets; establishes the right to operate nodes, develop software, transfer digital assets, and participate in staking on blockchain protocols; creates exemptions from money transmitter licensing requirements for certain blockchain and digital asset activities; and restricts the ability of political subdivisions to impose sound limitations or zoning restrictions on digital asset mining businesses in industrial zones.
Anthropic’s Claude 3.5 Sonnet set the highest price target, at $89,500, which implies a 6.22% upside. Although the model noted institutional adoption and anticipated interest rate cuts as positive catalysts later this year, the short-term outlook it gave based on technical analysis was rather bearish.