Cryptocurrency news etrscrypto
On matters of policy, pro-crypto legislators in a number of US states are pushing their respective bills; two states have introduced new legislation in April. In Canada, pro-crypto Conservatives lost to the Liberals, but the victors must form a minority government https://wedoweb.org/. Here’s April in numbers.
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While the meeting was viewed positively, CZ expressed concerns about traditional media’s portrayal. He speculated that outlets like Bloomberg might frame the event negatively, focusing on past legal issues rather than the current initiatives he is leading.
Cryptocurrency news april 30 2025
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.
The sale of UNI tokens, after a 4.5-year period of inactivity, suggests a strategic move by whales that could be interpreted as a lack of confidence, thereby influencing other investors’ perceptions and contributing to the subsequent price drop and increased market volatility.
There are many differences between that period and today, and it will likely take a few months before we know where tariff rates will stabilize — Treasury Secretary Bessent said that the third quarter was a “reasonable estimate” for when markets will have clarity on tariffs. But regardless of how the negotiations play out, like the Nixon Shock in 1971, we expect that President Trump’s push to reshape global trade will have significant implications for the economy and financial markets over the coming years. Investors will need to consider the implications for their portfolios and may need to seek out alternative sources of return and diversification.
With supply-side factors creating additional headwinds, XRP’s ability to reclaim and sustain key price levels will be critical in determining whether it can break out of its current range or remain under pressure through April.
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Cryptocurrency news april 2025
The whole of 2025, starting in April 2025, shows key opportunities for crypto investors. The current market trends show promising signs of bullish momentum building up and ready to reverse from the bearish phase.
Utah enacts blockchain and digital innovation amendments. On March 25, Utah enacted HB 230 which prohibits state and local governmental entities from restricting the acceptance or custody of digital assets; establishes the right to operate nodes, develop software, transfer digital assets, and participate in staking on blockchain protocols; creates exemptions from money transmitter licensing requirements for certain blockchain and digital asset activities; and restricts the ability of political subdivisions to impose sound limitations or zoning restrictions on digital asset mining businesses in industrial zones.
In addition to reporting on the law and regulation governing blockchain, smart contracts, and digital assets, this bulletin will discuss the legal developments supporting the infrastructure and ecosystems that enable the use and acceptance of these new technologies.
SEC and DOJ dismiss securities fraud case against BitClout founder. On February 28, federal prosecutors on behalf of the DOJ and the SEC voluntarily dismissed their case against Nader Al-Naji, founder of the crypto social network platform BitClout. The SEC and the US Attorney’s Office for the Southern District of New York had charged Al-Naji with lying to a venture capital firm about how decentralized his token-based social network really was. Al-Naji faced wire fraud allegations and separate civil charges that he defrauded investors by claiming that he would not benefit from the proceeds of his token sales, while allegedly spending millions of dollars from the token offering on himself and his family members.