A U.S. District Court in Texas has ruled that OFAC’s sanctions on Tornado Cash were illegal and permanently barred the agency from reimposing them.

OFAC lifted the sanctions in March, but the court found the original action exceeded its authority.

Tornado Cash developers Roman Storm and Roman Semenov still face DOJ charges for money laundering and sanctions violations.

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Trump's Son: Traditional Banks Urgently Need to Change Their Operations, Blockchain Technology Is More Efficient Than Current Traditional Financial Operations

Eric Trump, the son of former U.S. President Donald Trump, issued a warning to the banking industry: Change your ways or face extinction. "The modern financial system has collapsed, with slow speeds and high costs."

"Everything that can be done on the blockchain is more efficient than the current operating methods of financial institutions. SWIFT is a disaster," Eric Trump said on Tuesday, referring to the global financial transaction messaging network.

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The Bank of Italy warned that the rapid growth of Bitcoin and dollar-backed stablecoins could pose systemic risks to financial stability.

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The US announced that the QoQ GDP decreased by 0.3% annualized, contrary to the expected 0.2% growth.

After the data release, Bitcoin dropped by 0,98% (from 95,214 to 94,282).

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🗞 April 30, 2025 cryptocurrency news highlights

【Cryptocurrency】
Trump's Son: Traditional Banks Urgently Need to Change Their Operations, Blockchain Technology Is More Efficient Than Current Traditional Financial Operations

【Economy】
The US announced that the QoQ GDP decreased by 0.3% annualized, contrary to the expected 0.2% growth.

【Indicators】
Ethereum Price Prediction: ETH Sets Course to $3,000 After Bullish Breakout🔹

【More】
The Bank of Italy warned that the rapid growth of Bitcoin and dollar-backed stablecoins could pose systemic risks to financial stability.

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Saylor: "We sold $1.5B of stock backed by $500M of BTC. We bought back $1.5B of Bitcoin, capturing a Billion dollar gain in the arbitrage." 🤯

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Solana Price Prediction: Make or Break Moment Could End Up Pushing SOL to $180🪙

The crypto market declined following news of a 0.3% U.S. GDP contraction in Q1 2025. Solana (SOL) is holding at its 21-day EMA, facing a critical point that could lead to a surge toward $180 or a drop to the low $120s.

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Solana and Dogecoin on the Brink of a Major Crash According to ChatGPT-4o, While Rising DeFi Coin Gets a 7000% Rally Prediction🪙🐶

Solana and Dogecoin are facing intense volatility, with Solana down 12% in a week at $126.76 and Dogecoin struggling near $0.17. Amid the downturn, Rexas Finance (RXS) has gained significant attention, surging 567% in 60 days and projected to rise 7,000% in 2025.

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Veteran Investor Warns of Inflation Reaching 9% Amid Fed Liquidity Concerns 🆘

Veteran investor Clem Chambers cautions that U.S. inflation could surge back to 9% if the Federal Reserve fails to maintain sufficient liquidity in the economy. Citing a Federal Reserve survey that highlights trade tensions and national debt as significant threats, Chambers emphasizes the risks of reduced monetary support. He suggests that without continued liquidity, inflationary pressures may intensify, potentially leading to economic instability.

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TRUMP Official: Will Select 1 Lucky Winner from Trump Meme User Interaction to Attend Dinner

TRUMP Meme Coin announced that, in addition to inviting the top 220 large holders to the TRUMP Dinner, Trump has allowed an additional spot to be added. One lucky winner will be selected from users who have interacted with the TRUMP Meme Coin official using Trump memes on May 22nd to attend the dinner. The most popular Trump funny meme will be displayed to the President.

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Tether announced plans to launch a new stablecoin product in the U.S. as early as late 2025 or early 2026, depending on Congress's progress on stablecoin regulation. The company called USDT one of the most successful export products of the United States.

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Over 50% of all cryptocurrencies have already failed, according to CoinGecko.

⚫️1.8m tokens failed in Q1 2025 alone—nearly half of all crypto project failures since 2021 (49.7%).
⚫️In total, 3.7m of ~7m listed coins are now considered dead
⚫️Most failures happened in 2024–2025, especially after Trump’s inauguration and amid a broader market cooldown.
⚫️Pump .fun is a major driver, with a 98% failure rate, it flooded the market with meme coins and low-effort projects.

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Charles Schwab is planning to launch spot crypto trading within 12 months.

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🗞 May 1, 2025 cryptocurrency news highlights

【Cryptocurrency】
Over 50% of all cryptocurrencies have already failed, according to CoinGecko.

【Economy】
Charles Schwab is planning to launch spot crypto trading within 12 months.

【Indicators】
Solana and Dogecoin on the Brink of a Major Crash According to ChatGPT-4o, While Rising DeFi Coin Gets a 7000% Rally Prediction🪙🐶

【More】
TRUMP Official: Will Select 1 Lucky Winner from Trump Meme User Interaction to Attend Dinner

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Bitcoin soared 14.7% in April — double the historical median — marking its best April since 2020, fueled by (or in spite of) rising geopolitical uncertainty.🤯

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🚀 Tether releases Q1 2025 report: $143.6B USD₮ issued, $149.3B in assets, $1B profit, $5.6B excess reserves, and 46M new wallets — its first attestation under El Salvador’s regulatory oversight.

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Ethereum Price Targets $2200 as Whales Scoop Up $7M in ETH🔹🔹

Three crypto whales have recently made large Ethereum purchases totaling 5,362 ETH (over $7.2 million), according to Lookonchain. One wallet borrowed $3.44 million USDC from Aave to buy 1,856 ETH, another spent $2.34 million USDC to acquire 1,259 ETH, and a third new wallet withdrew 2,250 ETH (about $4.12 million) directly from Binance.

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🇯🇵 Metaplanet Launches U.S. Subsidiary to Boost Bitcoin Strategy

Japan’s Metaplanet has opened a U.S. subsidiary to raise up to $250 million for Bitcoin purchases and treasury management, furthering its Bitcoin-standard corporate strategy. The firm already holds around 2,100 BTC.

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💡 Michael Saylor Predicts $10M Bitcoin Before Advisors Endorse It

MicroStrategy’s Michael Saylor claims Bitcoin could reach $10 million before mainstream financial advisors consider it a good investment, citing growing adoption and limited supply as key drivers.

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Blockchain Group plans to increase the Bitcoin holding to 260,000 coins by 2033

According to Cointelegraph, European Bitcoin financial company Blockchain Group plans to increase its Bitcoin holdings to 260,000 BTC (24 billion USD) by 2033.

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