cryptocurrency market news

Cryptocurrency market news

Add to that, a record number of BTC transactions in one day, the SEC’s review of the first XRP ETF, and a memecoin explosion driven by viral toys, and one thing is clear: crypto is no longer a sideshow — it’s part of the global agenda https://crypto-explorer.net/category/dogecoin/.

The proposal was submitted by the Cboe BZX Exchange and centers on the WisdomTree XRP Trust, which aims to provide direct exposure to the price of XRP—without requiring direct purchases or digital wallets.

GameStop, the U.S.-listed video game retail giant, surprised markets by announcing the purchase of 4,710 bitcoins, equivalent to approximately $512 million (or R$2.8 billion). The company now joins a select group of firms using Bitcoin as a corporate store of value.

Cryptocurrency news may 21 2025

Bitcoin (BTC) Bitcoin (BTC) is now trading at $104,216 up 0.95% since yesterday’s close. The crypto has recently reclaimed the $100,000 mark on upbeat mood around a new U.S.-U. K. trade pact and possible headway at coming trade discussions with China.

Ethereum’s resurgence highlighted its $313.71 billion market cap3, buoyed by protocol upgrades and DeFi activity. Cardano’s 3% gain to $0.75398 reflected developer activity, while Solana’s recovery to $170.873 signaled renewed confidence in its high-throughput ecosystem. Meme coins like TRUMP (+12.94%) capitalized on political narratives3, though regulatory warnings about speculative assets persisted9.

This institutional pivot contrasted with traditional markets, where the S&P 500 and Nasdaq fell 0.39% and 0.37%, respectively8, as investors weighed Trump-era tax cuts against rising Treasury yields. Bitcoin’s decoupling from equities reinforced its evolving role as a digital reserve asset2, though its correlation with tech stocks remains a topic of debate5.

Regulatory tailwinds emerged as the U.S. Senate advanced the GENIUS Act8, proposing federal oversight of stablecoins—a critical step toward legitimizing dollar-pegged tokens. SEC Chair Paul Atkins pledged greater transparency in crypto enforcement during a House testimony9, signaling a shift from adversarial to structured engagement. However, lawmakers scrutinized the SEC’s handling of Tron founder Justin Sun’s fraud case8, underscoring lingering compliance risks.

“Bitcoin’s new high has been concocted by an array of favorable ingredients in the macro cauldron, namely softer U.S. inflation numbers, a de-escalation in the U.S.-China trade war and the Moody’s downgrade of U.S. sovereign debt, which has put the spotlight on alternative stores of value like bitcoin,” said Antoni Trenchev, cofounder of crypto exchange Nexo.

As legacy tokens continue to solidify their dominance, attention is also shifting to innovative technologies like LCAI, which is gaining momentum as a rising star in the blockchain space. The coming weeks could mark a critical phase for both established cryptocurrencies and emerging projects, potentially redefining market dynamics and investor strategies.

latest cryptocurrency news april 2025

Latest cryptocurrency news april 2025

While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.

Bitcoin’s weekly line has rebounded with volume contraction for 2 consecutive weeks. From a technical perspective, the weekly line is currently touching the lower Bollinger Band (usually an oversold signal), short-term selling pressure exhaustion has triggered short covering and technical bottom fishing, but the shrinking trading volume indicates that major funds have not massively intervened, just existing funds gaming; the weekly MACD death cross and expanding green histogram (bearish momentum) indicate that the medium to long-term trend remains bearish, and the short-term rebound may just be a continuation of the decline.

Looking at a longer timeframe, BTC underwent nearly 14 weeks of consolidation at high levels before breaking down with increased volume. If there is no fundamental change in the environment, such as the Fed accelerating rate cuts, then the bottoming time should not be less than the high-level consolidation time, and may even be longer.

Compared to the bustling March, April seems much quieter. The Federal Reserve has no meetings, and central banks of major economies are also temporarily subdued. We’ll see more continuation of relevant policies, such as the implementation of Trump’s tariff policies and the Fed’s slowing of balance sheet reduction.

Throughout April 2025, Bitcoin exhibited significant price swings, fluctuating between $76,000 and $95,000. After hitting a low of $76,000 on April 8, BTC rebounded to $88,500, then peaked at $91,740 on April 22—its highest level since March.