Latest cryptocurrency market news april 2025
OFAC drops sanctions against Tornado Cash. On March 21, the Department of the Treasury announced the removal of economic sanctions against Tornado Cash “as reflected in Treasury’s Monday filing in Van Loon v https://drying-machine.org/. Department of the Treasury.” Treasury asserted that it “remains committed to using authorities to expose and disrupt the ability of malicious cyber actors to profit from their criminal activities through the exploitation of digital assets and the digital assets ecosystem.”
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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.
Cryptocurrency news today
Ripple-SEC Lawsuit Paused for 60 DaysRipple’s legal battle with the SEC is on pause, suggesting possible settlement talks. Ripple also announced a $1.25B acquisition of Hidden Road, expanding its global footprint.
Ripple-SEC Lawsuit Paused for 60 DaysRipple’s legal battle with the SEC is on pause, suggesting possible settlement talks. Ripple also announced a $1.25B acquisition of Hidden Road, expanding its global footprint.
When top-ranked memes attract a burst of new inflows and cross key resistances simultaneously, it often signals the start of a fresh bull cycle. If this narrative holds, the rally could trickle down towards mid-cap altcoins and low-cap memecoins as markets digest the favorable US CPI print, in the coming days.
Meanwhile, others say it concerns highlights by another Jupiter executive, @weremeow on X, about a major Jupiter event, including a product reveal and DAO discussion. Meanwhile, a key conversation in the Jupiter ecosystem concerns the JupNet.
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The crypto market held steady this week with a total market cap of $2.7 trillion, while daily trading volume dropped 21.43% to $43.09 billion. Bitcoin price today is $85,300, Ethereum trades at $1,604, and XRP sits at $2.08.
Cryptocurrency market news april 2025
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).
In regulatory news, the Federal Reserve said that it had withdrawn earlier guidance about commercial banks’ crypto- and stablecoin-related activities. Previously the Fed had required banks to give advance notice before undertaking any crypto activities; under the updated guidance the Fed will consider banks’ crypto activity as part of its normal supervisory process. Separately, at an event in mid-April, Fed Chair Powell said about the crypto industry: “I think that the climate is changing, and that you are moving into more mainstreaming of that whole sector.” Powell added that he was encouraged by progress on stablecoin legislation in Congress. Although House and Senate negotiators need to iron out some differences, passing stablecoin legislation over the next month still appears possible.
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 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.
Cryptocurrency news april 30 2025
Thanks to a 7.91% price increase, Axelar was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Safe came in second place, with 24-hour gains of 7.85%. Celo, WEMIX Token and Bonk complete today’s list of the top cryptocurrency gainers.
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.
Ripple Labs announces reduced SEC penalty and agreement to drop cross-appeals. On March 25, Ripple Labs’ Chief Legal Officer Stuart Alderoty announced on X (formerly Twitter) that the SEC had agreed to drop its appeal of a federal district court’s determination that retail sales of Ripple’s XRP token were not investment contracts subject to registration requirements under federal securities law. Alderoty further announced that the SEC would keep $50 million of the $125 million civil penalty the district court imposed on Ripple – but refund the remaining $75 million – while Ripple would agree to dismiss its own appeal of the district court’s order. The SEC has not yet confirmed these details, but on April 10 filed a motion with the court of appeals to stay proceedings.
New York AG urges Congress to pass federal legislation to regulate cryptocurrencies. On April 10, New York Attorney General Letitia James announced she sent a letter to congressional leaders urging them to pass federal legislation to strengthen regulations on cryptocurrencies and digital assets. In the letter, Attorney General James warned that “the lack of strong federal regulations on cryptocurrencies increases the risk of fraud, criminal activity, and financial instability.” She further argued that “federal regulations would bolster America’s national security, strengthen its financial markets, and protect investors from cryptocurrency scams, which now account for 10 percent of all financial fraud and 50 percent of all losses from financial fraud.” The letter came in response to the US DOJ memorandum disbanding the DOJ’s National Cryptocurrency Enforcement Team and shifting DOJ enforcement priorities regarding digital assets.
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.