Etrscrypto cryptocurrency news by etherions
Bitcoin purchases by public companies have been one consistent source of demand. Strategy (formerly MicroStrategy), which pioneered corporate Bitcoin investing, purchased another 25k Bitcoin (~$2 https://vege-chandra.info/table-games/roulette/real-money/.4bn) during April. Strategy now holds roughly 3% of the circulating supply valued at more than $50bn. Separately, a consortium including Tether, Bitfinex, Softbank, and Cantor Fitzgerald announced the creation of Twenty One Capital, a new company initially capitalized with 42,000 Bitcoin. At that size Twenty One Capital would have the third-largest Bitcoin portfolio among public companies, after Strategy and Bitcoin miner MARA. The company will go public through a SPAC (special-purpose acquisition company), which currently trades as Cantor Equity Partners (ticker: CEP).
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).
XRP gained renewed attention as rumors swirled about an ETF launch and regulatory settlement with the SEC. These developments strengthened XRP’s market position, pushing it into the top five cryptocurrencies by market capitalization.
Cryptocurrency market news
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is showing strong recovery, trading near $106,700 after a brief pullback triggered by Moody’s downgrade of U.S. debt, reaffirming its appeal as a hedge against uncertainty. This rebound aligns with rising investor appetite for crypto investment products, with the U.S. drawing over $7.5 billion in inflows in 2025 alone. Meanwhile, the Dollar Index is trending toward a drop below 100, pointing to dollar weakness and boosting demand for risk assets like crypto. Currently, BTC needs to breach the resistance at $107,500 for a move towards a new ATH. The support remains at $102,750.”
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.
The Seychelles-based platform has made a name for itself through features like copy trading, which allows users to mimic high-performing traders in real time. Bitget’s April performance stood out despite a broader market correction, expanding its market share to 7.2 percent and pushing its user base above 120 million.
Altcoins extended their winning streak on Tuesday as macro tailwinds and technical breakouts converged across the crypto market. The global cryptocurrency market cap climbed 2.2% in the last 24 hours to $3.53 trillion, lifted by positive sentiment following the U.S. April CPI data, which printed at 2.3%, its lowest since February 2021.
After five years of quietly exploring the crypto space, Fifth Third Bank now says it’s ready to expand its offerings amid friendlier US regulations. The Cincinnati-based lender, which holds over US$200 billion in assets, has been working with crypto firms since 2020 but delayed larger moves until clearer guidance from regulators arrived.
Cryptocurrency market news april 2025
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.»
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US February non-farm payrolls added 151,000 jobs, with the unemployment rate slightly rising to 4.1%. After the data release, Bitcoin led the decline and hit new lows, mainly because there was a Fed interest rate meeting in March, which directly impacted the meeting, almost ensuring the Fed would not cut rates.
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!
