- Global cryptocurrency market latest news april 2025
- Global cryptocurrency market news april 2025
- Latest news global cryptocurrency stock market april 28 2025
Latest news global cryptocurrency april 30 2025
The adoption of new accounting standards plays a pivotal role in this transition. The Financial Accounting Standards Board (FASB) recently introduced changes under ASC 350-60, requires businesses to measure and report certain digital assets at fair value which significantly improves transparency and enables clearer disclosure of gains and losses via net income https://hotellahasienda.com/.
April 29Trump signed executive orders adjusting auto industry tariffs to avoid overlap with existing duties on steel and aluminum.Markets appeared to await more decisive signals. Cautious optimism emerged, hinging on whether the 90-day pause would lead to lasting de-escalation.
On top of all this, Moody’s downgraded the U.S. economy. The Dow Jones dropped 332.9 points, the S&P 500 fell by 49 points, and the Nasdaq lost 197.1 points. Since crypto usually follows stock trends, this news made prices fall too.
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.
Global cryptocurrency market latest news april 2025
Beyond niche upgrades and validator quality-of-life improvements, Pectra introduces major changes aimed at making Ethereum more user-friendly. In an era dominated by Solana’s rise and the memecoin frenzy, it has become painfully clear that average users dislike signing countless permissions and transactions — often without understanding what they’re approving.
On April 28, a wallet containing 3,520 BTC, worth roughly $330M , was hacked. Following the breach, the attackers began moving the stolen funds into XMR in an effort to obfuscate the trail. This triggered a sharp rally in Monero, with its price jumping over 60% in a single day. The incident highlighted the practical use case for privacy-focused cryptos.
The Mantra team attributed the crash to large-scale forced liquidations on centralized exchanges like Bybit and Binance, triggered under low-liquidity conditions. In response, the project’s CEO attempted to stabilize the situation by burning 150M OM tokens. A second burn of another 150M tokens is also planned, which would reduce the total OM supply from 1.82B to 1.52B.
Beyond niche upgrades and validator quality-of-life improvements, Pectra introduces major changes aimed at making Ethereum more user-friendly. In an era dominated by Solana’s rise and the memecoin frenzy, it has become painfully clear that average users dislike signing countless permissions and transactions — often without understanding what they’re approving.
On April 28, a wallet containing 3,520 BTC, worth roughly $330M , was hacked. Following the breach, the attackers began moving the stolen funds into XMR in an effort to obfuscate the trail. This triggered a sharp rally in Monero, with its price jumping over 60% in a single day. The incident highlighted the practical use case for privacy-focused cryptos.
The Mantra team attributed the crash to large-scale forced liquidations on centralized exchanges like Bybit and Binance, triggered under low-liquidity conditions. In response, the project’s CEO attempted to stabilize the situation by burning 150M OM tokens. A second burn of another 150M tokens is also planned, which would reduce the total OM supply from 1.82B to 1.52B.
Global cryptocurrency market news april 2025
April was less favorable for Ethereum, which saw a slight decline in price — in stark contrast to Bitcoin’s strong rally. So far, Ethereum has not been able to recover from the steep losses it suffered in February and March of this year.
The crucial Fibonacci level of $0.00012 will be significant for SHIB bullish momentum. Continued development and community support will be key drivers, alongside potential integrations and partnerships.
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Latest news global cryptocurrency stock market april 28 2025
WLFI Founders Face Legal Trouble: Another issue pulling down investor confidence is the lawsuit involving WLFI co-founder Chase Herro. He and Zak Folkman are being sued over an unresolved $2.5 million hack at Dough Finance. Even though WLFI recently invested $3 million in EOS, they haven’t returned the lost funds. This lack of accountability is damaging trust in new projects.
Related: Stablecoin adoption grows with new US bills, Japan’s open approachThe Securities and Exchange Commission dropped a case against PayPal’s stablecoin, PayPal USD (PYUSD), on April 29. In a form, the SEC said an inquiry regarding a 2023 subpoena was being closed “without enforcement.”Market volatility provides another incentive for stablecoin growth, according to crypto intelligence platform IntoTheBlock. According to the analytics firm, these assets are increasingly seen as “safe havens in the current uncertain market.”
Conservative rhetoric, including that of the pro-crypto party leader Pierre Poilievre, was decidedly pro-Trump. This connection may have been the Conservatives’ undoing, as quickly after taking office, Trump said that Canada should become America’s 51st state while simultaneously ramping up tariffs on Canadian goods.
Crypto saw losses as well. Bitcoin’s price decreased 9% between the Liberation Day announcement and April 8. However, unlike stock markets, which are still seeing losses, Bitcoin has managed to close out the month higher than where it started. At the time of writing, BTC is up 16.16%, trading at $94,729.
According to a post shared by WLFI on X (formerly Twitter), the meeting marks the beginning of a broader effort to drive innovation in the cryptocurrency industry. The primary agenda centered on strategies to expedite global crypto adoption, including establishing new standards to guide the sector’s future.
