Latest cryptocurrency news april 30 2025
Adoption metrics—such as wallet growth, transaction volume, and dApp activity on Shibarium—will be critical indicators to watch. A failure to attract meaningful developer and user engagement may limit SHIB’s potential to recover beyond speculative momentum https://iconicint.com/review/lucky-tiger/.
In addition to the meeting with WLFI co-founders, CZ also met with Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC). This discussion came on the heels of WLFI’s recent collaboration with PCC, which signed a letter of intent to boost blockchain development, stablecoin adoption, and the expansion of DeFi in Pakistan. CZ had also joined PCC as a strategic advisor in early April, further solidifying his commitment to emerging markets.
The law’s definition of “computational power” can be broadly interpreted to mean AI, scientific research, blockchain activities and cloud computing. It effectively protects home crypto miners from local and municipal zoning laws and bans.
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. 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.”
Whether it’s pessimistic or optimistic depends on key data and event nodes at that time, such as April 2 tariff details, which need clarity on the scope of taxation, rates, and exemption clauses. If the policy is “more bark than bite,” the market may quickly digest the negative news; and April PCE inflation data: if core PCE continues to be above 2.8%, it may strengthen the Fed’s hawkish stance, suppressing the crypto market; specific data to watch includes Bitcoin ETF fund flows, institutional fund movements (such as BlackRock’s continued buying/selling) are important indicators for measuring market confidence.
In the short term, the Fed’s slowing of balance sheet reduction coupled with rate cut expectations may drive Bitcoin to maintain an upward trend with fluctuations in April, but caution is needed regarding risks of correction triggered by inflation data exceeding expectations or geopolitical conflicts. In the medium to long term, if the US economy achieves a soft landing (avoiding recession) and inflation is controllable, cryptocurrencies may benefit from improved liquidity; if stagflation risks intensify, market volatility will significantly increase.
Encouragingly, market performance during April 2025 suggests that Bitcoin and other digital assets may be part of the solution (Exhibit 2). In a volatile month for traditional assets — in which the VIX briefly exceeded 50% — Bitcoin’s price appreciated 15% and our market-cap weighted Crypto Sectors index gained 11%. U.S. equities declined 1% on net, with weakness led by cyclical market segments. Gold and certain foreign currencies had gains comparable to Bitcoin on a risk-adjusted basis (i.e., accounting for each asset’s volatility).
OCC ends reputational risk examinations. On March 20, the Office of the Comptroller of the Currency (OCC) announced that it will no longer consider “reputational risk” in its examinations of OCC-supervised banks. Commenting on the announcement, Acting Comptroller of the Currency Rodney Hood emphasized that OCC examinations should focus on “appropriate risk management processes for bank activities, not casting judgment on how a particular activity may fare with public opinion.”
Cryptocurrency news april 2025
Wyoming stable token enters testing phase. On March 26, Wyoming Stable Token Commission Executive Director Anthony Apollo announced that the Wyoming Stable Token (WYST) entered its testing phase across several blockchain networks. Executive Director Apollo notes that the testing is “a key step towards launching the first fiat-backed and fully reserved stable token issued by a public entity in the United States.” Testing is expected to occur throughout the second quarter of 2025, with a potential launch in July 2025. These announcements were made during a fireside chat with Governor and Commission Chairman Mark Gordon at the DC Blockchain Summit. Governor Gordon also highlighted the benefits of WYST for both the state and its users, including a statutory requirement to over-collateralize the stable token’s backing with cash and US Treasuries to mitigate the risk of de-pegging, and the deposit of interest derived from those treasuries into the state’s school foundation fund.
Cardano holds a $26 billion market cap but has yet to make significant moves. Market speculation links it to a potential Coinbase listing, which could drive price growth. Also, Trump mentioned it in a recent tweet as one of the coins with great potential for growth.
Kentucky enacts framework for digital assets and blockchain. On March 24, Kentucky enacted HB 701, establishing a framework for the treatment of digital assets and blockchain under state law. The new law defines terms relating to blockchain technology; allows individuals to use digital assets and self-hosted wallets; prohibits local zoning changes that discriminate against a digital asset mining business; provides guidelines for operation of a node; amends state law to exclude home digital asset mining, digital asset mining business, and the operation of a node from money transmitter license requirements; and provides that digital asset mining or staking as a service shall not be deemed to be offering or selling a security.
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.
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