🗞 April 28, 2025 cryptocurrency news highlights

【Cryptocurrency】
Ethereum Foundation Executive Director Clarifies: Pectra Upgrade Unrelated to Controversial EOF, Former Will Be Released on Schedule

【Economy】
🆙 New SEC Chair Vows Crypto Reforms to Boost U.S. Investment

【Indicators】
Six entities control 88% of all tokenized U.S. Treasuries, led by BlackRock’s BUIDL with $2.5bn.

【More】
Federal Reserve no longer requires banks to provide notification when dealing with Bitcoin & crypto and will "support innovation" where appropriate.😄

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🇦🇪 Abu Dhabi Sovereign Wealth Fund Plans to Launch Dirham Stablecoin in Partnership with Multiple Entities

Abu Dhabi’s ADQ, IHC, and FAB plan to launch a dirham-backed stablecoin, pending regulatory approval, supporting the UAE’s push to become a global digital asset hub.

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Total Bitcoin Open Interest Surges to $63.24 Billion💰

The total open interest for Bitcoin futures across all exchanges is 674,790 BTC (about $63.24 billion). CME leads with 147,110 BTC ($13.78 billion) in open interest, followed by Binance with 115,730 BTC ($10.85 billion).

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5 Best Solana Meme Coins To Buy For 10x Returns In The Second Quarter👀

The crypto market is entering a strong bull phase in Q2, led by a surge in Solana meme coins like Fartcoin, Bonk, Popcat, and Dogwifhat. Demand for low-cap and new meme tokens is soaring, and experts say investors have a limited window to profit before another bear market hits.

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Suspected TRUMP Team-Linked Address Moves 1.346 Million TRUMP to CEX, Worth $19.53 Million🔥

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Year to date, Metaplanet treasury operations have generated a BTC $ Gain of $191 million.💣

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Bernstein: Bitcoin will hit new highs as companies increase holdings and ETF "supply tightening" intensifies

This year, the Bitcoin price narrative fluctuates between the "gold" and "Nasdaq" correlations, but Bernstein analysts believe that short-term correlations are highly misleading, and the exhaustion of retail selling, the wave of corporate holdings, and the return of ETF funds are the key indicators, which may drive "supply tightening" to new highs.

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Arizona’s House passed two Bitcoin reserve bills, SB 1025 and SB 1373, which now await Governor Katie Hobbs' signature.

The legislation would allow the state treasurer and retirement systems to invest up to 10% of funds into Bitcoin and other digital assets, with the creation of a Digital Assets Strategic Reserve Fund.

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China has waived the recently imposed 125% tariff on U.S. ethane imports.

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🗞 April 29, 2025 cryptocurrency news highlights

【Cryptocurrency】
Arizona’s House passed two Bitcoin reserve bills, SB 1025 and SB 1373, which now await Governor Katie Hobbs' signature.

【Economy】
🇦🇪 Abu Dhabi Sovereign Wealth Fund Plans to Launch Dirham Stablecoin in Partnership with Multiple Entities

China has waived the recently imposed 125% tariff on U.S. ethane imports.

【Indicators】
Suspected TRUMP Team-Linked Address Moves 1.346 Million TRUMP to CEX, Worth $19.53 Million🔥

【More】
Bernstein: Bitcoin will hit new highs as companies increase holdings and ETF "supply tightening" intensifies

📱@Money 📱Twitter

The US SEC postponed its decision on adding a staking function to the Fidelity spot Ethereum ETF😜

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

Historical trends indicate Ethereum (ETH) could reach $3,000 in the coming months. The key resistance level to monitor is $1,800, and a breakout above $2,000 could trigger a rapid price surge toward the target.

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Solana Surpasses 400 Billion Transactions as SOL Tests Key Support🪙

Solana has exceeded 400 billion transactions, driven by a 44% surge in DEX volume to $21 billion last week. However, its RSI dropped from 70.52 to 50.61, indicating waning momentum after surpassing $150. SOL now hovers near key support at $145.59, with potential to either rebound to $157 or decline toward $133.82.

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SEC punts decisions on XRP, DOGE ETFs🪙🐶🔹

The U.S. SEC has delayed its decision on approving proposed cryptocurrency ETFs that would hold Dogecoin and XRP. These ETFs were put forward in March by NYSE Arca and Cboe BZX Exchange on behalf of Bitwise and Franklin Templeton.

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Nasdaq Seeks SEC Approval for 21Shares Dogecoin ETF 🐶

Nasdaq has applied to list a Dogecoin ETF from 21Shares, aiming to give investors regulated exposure to DOGE without directly holding it. The SEC is currently reviewing the proposal.

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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).

📱@Money 📱Twitter

🗞 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.

📱@Money 📱Twitter