Latest cryptocurrency news
In particular, Claude 3.5 Sonnet noted that Bitcoin’s 50-day simple moving average (SMA) was approaching its 200-day SMA. Should the shorter average cross below the longer one, a death cross chart pattern will have formed — and it usually signals the beginning of steep moves to the downside https://drying-machine.org/bonuses/welcome-bonus/.
Dubai hosted the TOKEN2049 conference, attracting over 15,000 participants, including industry leaders from BlackRock, Goldman Sachs, and Binance. Discussions revolved around crypto adoption, regulations, and shifting investor sentiment toward Trump’s policies on digital assets.
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Cryptocurrency news april 28 2025
From a technical standpoint, the most important news from the past month was arguably the shift in development priorities by the Ethereum Foundation (EF). There are multiple elements to the changes, but from the standpoint of investing in the Ether (ETH) token, the key change, in our view, was the renewed focus on scaling the Ethereum Layer 1 (i.e., increasing the transaction throughput of the Ethereum mainnet itself). Based on EF comments on social media and elsewhere, the rough expectation seems to be a 3x increase in Layer 1 transactions per second (TPS) each year for several years, with a long-run target of 10,000 TPS (Exhibit 4). Increasing Layer 1 TPS while maintaining a degree of pricing power is the best way to increase transaction fees, reduce token supply, and support the token’s price (for more detail, see Ethereum: The OG Smart Contract Blockchain).
From a technical standpoint, the most important news from the past month was arguably the shift in development priorities by the Ethereum Foundation (EF). There are multiple elements to the changes, but from the standpoint of investing in the Ether (ETH) token, the key change, in our view, was the renewed focus on scaling the Ethereum Layer 1 (i.e., increasing the transaction throughput of the Ethereum mainnet itself). Based on EF comments on social media and elsewhere, the rough expectation seems to be a 3x increase in Layer 1 transactions per second (TPS) each year for several years, with a long-run target of 10,000 TPS (Exhibit 4). Increasing Layer 1 TPS while maintaining a degree of pricing power is the best way to increase transaction fees, reduce token supply, and support the token’s price (for more detail, see Ethereum: The OG Smart Contract Blockchain).
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Crypto Market (April 28, 2025) – This week, the co-founders of World Liberty Financial (WLFI)—Zach Witkoff, Zak Folkman, and Chase Herro—met with Binance co-founder Changpeng Zhao (CZ) in Abu Dhabi. The discussions focused on accelerating cryptocurrency adoption worldwide and setting new industry standards to foster growth.
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In August 1971, President Richard Nixon announced 10% across-the-board tariffs on U.S. imports and ended the convertibility of Dollars into gold. Allies were not consulted in advance, even though the actions ended the multilateral Bretton Woods exchange rate system in place since World War II. The so-called “Nixon Shock” was followed by extensive negotiations over the next four months, culminating in the Smithsonian Agreement in December 1971, in which G10 nations agreed to revalue their currencies versus the Dollar in exchange for tariff relief. While the tariffs were ultimately short-lived, the events changed global trade flows and had long-lasting implications for financial markets (Exhibit 1).
Cryptocurrency news
South Korea Blocks 14 Crypto Apps Including KuCoin & MEXCA regulatory crackdown led to app store bans of 14 unregistered crypto services. South Korea’s authorities plan to make crypto enforcement permanent.
The bill seeks to curb Big Tech’s control over digital money, demanding special approval before giants like Meta can issue their own stablecoins. This is noteworthy because it is the first step toward true financial decentralization backed by federal law.
Another expected headline in the top crypto news this week is Jupiter Exchange’s product announcements. In a post last week, the Solana-based DEX teased a major product announcement by a Jupiter executive.
Recently, Mantle Network integrated with EigenDA, reducing transaction fees significantly while improving transaction speed. As Mantle builds, it also integrates Stargate, enabling seamless, bridgeless transfers.
Cryptocurrency news predictions
“While we approved the listing and trading of certain spot bitcoin shares today, we did not approve or endorse Bitcoin,” SEC Chair Gary Gensler said in a statement back in January.”Investors should remain cautious about the myriad risks associated with Bitcoin and products whose value is tied to crypto.”
“The launch of the ETH ETFs have been a major development for the space and will kickstart the next altcoin rally, despite the Bitcoin dominance we have seen thus far,” Gupta says. “Major traditional finance players are showing interest in launching Solana ETFs, signaling growing institutional recognition of altcoins beyond Ethereum and Bitcoin.”
“Foreign capital repatriation and the devaluation of the gargantuan stock of US treasuries will be the two catalysts that will power Bitcoin to $1 million sometime between now and 2028,” Hayes wrote in his latest blog.
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.
« In all, we expect the year-to-date zero sum game between gold and bitcoin to extend to the remainder of the year, but are biased towards crypto-specific catalysts creating more upside for bitcoin over gold into the second half of the year. »