cryptocurrency news ftasiamanagement

Cryptocurrency news ftasiamanagement

Nevertheless, Ethereum saw the highlight of last week’s crypto inflows. According to the CoinShares report, crypto inflows into Ethereum reached $205 million https://tip365.info/review/el-royale/. This was a notable climb from the previous report’s $1.5 million.

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As Ethereum and other altcoins recorded positive flows, Solana bucked the trend. It posted up to $0.89 million in crypto outflows. This aligns with a recent trend of declining TVL (total value locked), plunging 64%.

Cryptocurrency news april 28 2025

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.

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.”

Although tariffs and trade conflict dominated market attention, institutional investment in the crypto industry continued at a healthy pace, supported by increasing regulatory clarity (for more details, see March 2025: Institutional Chain Reaction). There are now two distinct trends: (1) traditional financial services firms investing in crypto, and (2) crypto-native firms starting to offer traditional financial services. Examples from the last month include reporting that Dutch bank ING is working on a stablecoin, moves by Mastercard to bring stablecoins into its payments network, an announcement from crypto exchange Kraken that it will offer equity and ETF trading, news that BitGo and others are working to get U.S. bank licenses, and the introduction of a new payments platform by stablecoin issuer Circle.

April 2025 witnessed crypto markets rocked by more tariffs at the direction of US President Donald Trump — controversial policies that could have influenced the outcome of Canada’s elections on April 28. On April 2, Trump levied “discounted reciprocal tariffs” on 185 countries and territories. The Dow Jones Industrial Average dropped 2,200 points on April 4, while the S&P 500 dropped nearly 6%, its largest decline since March 2020. Bitcoin (BTC) went along for the ride but broke from stocks as it recovered toward the end of the month.

cryptocurrency news april 30 2025

Cryptocurrency news april 30 2025

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.”

Hoskinson’s comments about Ethereum reflect a broader skepticism about its ability to adapt and stay relevant amidst rising competition. His support for a technical proposal by Buterin, however, suggests there are still opportunities for evolution within Ethereum’s ecosystem.

Encouragingly, market performance during April 2025 suggests that Bitcoin and other digital assets may be part of the solution (Exhibit 2). In a volatile month for traditional assets — in which the VIX briefly exceeded 50% — Bitcoin’s price appreciated 15% and our market-cap weighted Crypto Sectors index gained 11%. U.S. equities declined 1% on net, with weakness led by cyclical market segments. Gold and certain foreign currencies had gains comparable to Bitcoin on a risk-adjusted basis (i.e., accounting for each asset’s volatility).

At press time, Bitcoin has a market capitalization of $ 1.88T after gaining 0.64% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by April 30, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

Nebraska enacts law to prevent fraud associated with Controllable Electronic Records. On March 11, Nebraska enacted LB 609 adopting the Controllable Electronic Record Fraud Prevention Act (CERFPA), which requires operators of kiosks for controllable electronic records (CERs) such as virtual currency to obtain a state money transmitter license. It also requires clear and conspicuous disclosures of all terms and conditions associated with the operator’s activities, with an acknowledgment of receipt, and specifies certain content that must be included in the disclosures and the receipt. The CERFPA requires kiosk operators to take specified measures to protect against fraud, including the use of blockchain analytics, the adoption and implementation of a written antifraud policy, caps on daily transactions, the provision of live customer service by telephone, and designation of a compliance officer. Further, the CERFPA also requires the kiosk operator to refund consumers fraudulently induced to enter into a CER transaction if certain conditions are met.

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