- Global cryptocurrency market latest news april 2025
- Global cryptocurrency market news april 2025
- Latest news global cryptocurrency stock market april 28 2025
Global cryptocurrency market latest news april 2025
Back in January, the bill passed Utah’s House of Representatives with an 8-1 vote, and on February 7, it advanced to the Senate for its first reading how many fifa games are there. If enacted, up to 5% of Utah’s state funds could be invested in “qualified digital assets”—a category that, under the bill’s criteria, currently includes only one cryptocurrency: Bitcoin.
The UK-based company offers a solution that allows individuals to participate in cryptocurrency mining through a rental model, where users can purchase computing power contracts to mine popular cryptocurrencies including Dogecoin and Bitcoin.
Naturally, investors turn to safety. Gold is the old guard: tangible, familiar, and stable. Bitcoin, meanwhile, is for those who believe the digital age requires digital solutions. Both assets are benefitting, but the why behind each is telling.
All analysis seems to conclude that this would trigger a significant spike, with a combo of factors working together in a way that could only send the price up. There is a record number of wallets owned by investors who buy Bitcoin and hold it, leaving it untouched no matter what the market is doing. Then there’s the growing number of companies with Bitcoin on their balance sheet.This means governments, companies, and individuals would be holding Bitcoin for the long haul, with no intent to sell anytime soon. Now factor in that there is only 20 million Bitcoins in circulation, and an estimated 6 million of those sit in wallets where the owner lost the key to access them (many from the early days when Bitcoin was worth a few cents, people didn’t carefully backup the key to wallets holding thousands of Bitcoin)Now imagine with this: Those who hold Bitcoin aren’t looking to sell, limited supply of Bitcoin available, dozens of countries follow the US’s lead and begin creating Bitcoin reserves of their own. If those holding Bitcoin aren’t willing to sell, there’s only one option left – change their mind by offering more. Some are citing this as the path to a $1M Bitcoin price, and while I think that number may be unrealistically high, I do agree it’s the path to set new record highs. ——————-Author: Oliver ReddingSeattle Newsdesk / Breaking Crypto News
Global cryptocurrency market latest news april 2025
BTC and ETH increased by +1.2% and +4.4%, respectively, in the past seven days. Most other large-cap tokens saw a decline in price, which coincided with Fed Chair Powell’s remarks on higher longer term interest rates and Moody downgrading the US government’s credit rating.
The month began with uncertainty driven by global trade and geopolitical tensions, particularly between the US and China. Despite the initial volatility, mid-to-late April marked a strong recovery. It was driven by market optimism following the appointment of a crypto-supportive chair at the US Securities and Exchange Commission.
In Nigeria, the court delayed a case against Binance, one of the biggest crypto exchanges. The government claims Binance caused huge financial damage to their economy and is demanding over $2 billion in back taxes.
The crypto market is full of action again. As of April 2025, a lot has been happening with Bitcoin, market movements, and government decisions that are making headlines. Here’s everything in simple words.
April 11Trump exempted several categories of electronics — including smartphones and semiconductors — from tariffs.This eased investor concerns and helped Bitcoin and the S&P 500 recover the previous day’s losses.
Global cryptocurrency market news april 2025
MicroStrategy, now known as Strategy Inc., reported an anticipated Q1 2025 loss of $5.91 billion, primarily due to the devaluation of its Bitcoin holdings. This represents one of the most significant quarterly markdowns for any public crypto-heavy firm. The company’s massive BTC reserves, once considered a visionary investment, now expose it to extreme downside risk.
In contrast to the broad market downturn, specific cryptocurrencies like Bitcoin Cash and Solana displayed divergent behaviors. Bitcoin Cash led gains among altcoins, hinting at market segments that still find investor favor. Meanwhile, Solana, after a significant high of $150, faced only a minor pullback to $148, despite negative predictions based on market sentiment and technical indicators.
The cryptocurrency market’s volatility can be attributed to several factors. Bitcoin’s dominance increase suggests a flight to safety as investors possibly view it as a hedge against broader market uncertainty. Ethereum’s significant downturn, on the other hand, could be influenced by its reduced market dominance and possibly internal ecosystem challenges.
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MicroStrategy, now known as Strategy Inc., reported an anticipated Q1 2025 loss of $5.91 billion, primarily due to the devaluation of its Bitcoin holdings. This represents one of the most significant quarterly markdowns for any public crypto-heavy firm. The company’s massive BTC reserves, once considered a visionary investment, now expose it to extreme downside risk.
In contrast to the broad market downturn, specific cryptocurrencies like Bitcoin Cash and Solana displayed divergent behaviors. Bitcoin Cash led gains among altcoins, hinting at market segments that still find investor favor. Meanwhile, Solana, after a significant high of $150, faced only a minor pullback to $148, despite negative predictions based on market sentiment and technical indicators.
Latest news global cryptocurrency stock market april 28 2025
🚀 Popping #CryptoNews past week: 🔹Trump exempts smartphones and computers from new tariffs. 🔹SEC approves options on spot Ether ETFs. 🔹First-ever leveraged XRP ETF set to debut in the US. 🔹Bitcoin hashrate tops 1 zetahash in historic first. 🔹Pakistan appoints CZ as crypto
🚀 Popping #CryptoNews past week: 🔹Brazil approves first spot XRP ETF as local bank eyes stablecoin on XRPL. 🔹Tether co-founder launches rival stablecoin $USP that offers yield. 🔹Fed’s governor supports rate cut pause while inflation plays out. 🔹Stablecoin Regulation Bill
🚀 Popping #CryptoNews past week: 🔹Web3 platform Travala integrates crypto payments for 2.2M hotels on Trivago. 🔹Maryland Plans To Establish Strategic Bitcoin Reserve. 🔹Hong Kong Telecom Launches Blockchain-Based Marketing Platform. 🔹Czech Republic Exempts Bitcoin From
🚀 Popping #CryptoNews past week: 🔹Panama City to Accept Cryptocurrency for Tax Payments. 🔹New Hampshire Bitcoin Reserve Bill Advances in Senate. 🔹Bitcoin Surpasses Silver and Amazon in Global Asset Rankings. 🔹South Korea’s Central Bank to Engage in Stablecoin Regulation
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.”