cryptocurrency news april 28 2025

Cryptocurrency news april 28 2025

Bitcoin (BTC) maintains to dominate the market narrative. Often referred to as “digital gold,” Bitcoin has demonstrated itself over the past decade as a store of value and hedge against inflation https://backlinkbuilder.biz/live-casino/liveblackjack/. With the latest approval of spot Bitcoin ETFs, institutional cash has been flowing in, bringing newfound legitimacy and deep liquidity to the asset. The halving event in April 2024, which decreased mining rewards and traditionally precedes major bull runs, has similarly fueled bullish sentiment.

The cryptocurrency landscape is poised for major changes in 2025. While Bitcoin and Ethereum continue to dominate headlines, powerful forces — including artificial intelligence (AI), decentralized finance (DeFi) innovation, and evolving global regulations — are reshaping the industry in real-time.

Digital Digest | DLA Piper – addresses the growing challenges faced by the UK commercial and financial sector due to the increasing number of laws, regulations, and market practices affecting the digital and crypto industry.

Cryptocurrency news predictions

Bitcoin has been thrust back into the spotlight by extreme price swings this year, with U.S. president Donald Trump’s assault on the global trade order resulting in wild predictions of total U.S. dollar collapse.

“Next week, the Senate will make history when we debate and pass the Genius Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,” Republican senator Bill Hagerty from Tennessee, who sponsored the “Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, said in a statement.

Now, as crypto traders brace for a perfect storm to hit the bitcoin price, JPMorgan analysts have flipped from gold to bitcoin, predicting the bitcoin price will outperform gold over the rest of 2025.

In April, the JPMorgan analysts warned bitcoin’s burgeoning reputation as “digital gold” was under pressure as the bitcoin price failed to hold up in the face extreme market volatility triggered by Trump’s global trade war.

The Grayscale Ethereum Trust held about 2.9 million ether worth about $10 billion prior to its uplisting to the New York Stock Exchange from the OTC Market in July. Net outflows from the ETHE fund may continue to weigh on Ethereum prices. Grayscale’s GBTC ETF ultimately lost about 50% of its Bitcoin assets in its first few months of trading, suggesting the Grayscale Ethereum Trust could be in for more heavy outflows in August.

The total market capitalization of the global cryptocurrency market peaked at over $2.9 trillion in November 2021 but took a big hit during crypto winter in 2022. The market cap has recovered to $2.4 trillion heading into August.

cryptocurrency news april 2025

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.

Ethereum has shown strong price action in recent days by reclaiming key levels above $1,950 and $2,000. A surge in its volume supports the bullish momentum but caution is necessary due to high leverage driving the volatile price movement. A stable Bitcoin price is also crucial for Ethereum’s bullish momentum and all other altcoins as well.

SEC closes investigation into Crypto.com. On March 27, Crypto.com announced that it had received a No-Action Letter closing the SEC’s investigation in the crypto exchange. Crypto.com had reportedly received a Wells Notice from the Commission in August 2024 asserting that several of the cryptocurrencies sold on Crypto.com were unregistered securities. In response, Crypto.com filed a declaratory relief action in the US District Court for the Eastern District of Texas in October 2024, seeking to enjoin the SEC from bringing a civil action against the exchange.

The Staff Statement does not address all material disclosure items, but focuses on certain disclosure requirements set forth in Regulation S-K that apply to registration forms under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, Form 20-F, and Form 1-A.

Nebraska enacts law to prevent fraud associated with Controllable Electronic Records. On March 11, Nebraska enacted LB 609 adopting the Controllable Electronic Record Fraud Prevention Act (CERFPA), which requires operators of kiosks for controllable electronic records (CERs) such as virtual currency to obtain a state money transmitter license. It also requires clear and conspicuous disclosures of all terms and conditions associated with the operator’s activities, with an acknowledgment of receipt, and specifies certain content that must be included in the disclosures and the receipt. The CERFPA requires kiosk operators to take specified measures to protect against fraud, including the use of blockchain analytics, the adoption and implementation of a written antifraud policy, caps on daily transactions, the provision of live customer service by telephone, and designation of a compliance officer. Further, the CERFPA also requires the kiosk operator to refund consumers fraudulently induced to enter into a CER transaction if certain conditions are met.

No comments yet.

Leave a comment

Your email address will not be published.

3 × 2 =