Cryptocurrency news last 24 hours
The midpoint suggests a strong bullish trend, driven by ongoing institutional adoption and broader acceptance. Bitcoin’s potential to exceed previous highs remains robust, contingent on sustained market momentum in $BTC who is mike tyson.
A new CEO, Maximilian Crown, was appointed to lead the TON Foundation. His background in regulatory strategy and financial governance was seen as a crucial asset to the project’s next phase—particularly with ambitions to expand Toncoin’s utility as a core payment layer within Telegram. The TON ecosystem’s partnership with Telegram has been evolving into a powerful digital economy, incorporating elements such as e-commerce, gaming, decentralized identity, and peer-to-peer payments.
Technically, XRP exhibited signs of healthy market structure throughout the month. The support range between $2.05 and $2.10 proved resilient during periods of weakness, with strong buying interest evident each time prices approached that zone. Resistance levels around $2.25 and $2.30 were tested multiple times, indicating that a successful breach of this ceiling could open the door for a move toward the $2.50–$2.60 region.
Dogecoin (DOGE), the iconic meme coin and community-driven digital asset, showcased moderate strength in April 2025, rebounding from early market weakness and capitalizing on a wave of renewed interest. The cryptocurrency began the month trading around $0.1666 and closed at approximately $0.1791, marking a monthly gain of 7.5%. While not as dramatic as the gains of some major altcoins, Dogecoin’s steady performance highlighted its growing credibility, especially in light of institutional developments and rising adoption trends.
The Relative Strength Index (RSI) hovered in the 55–60 range for most of the month, suggesting moderate bullish momentum without signaling overbought conditions. Trading volume spiked notably in the final week, aligning with the ETF-related news.
Latest cryptocurrency news april 29 2025
The past 24 hours underscore accelerating momentum in both institutional crypto adoption and global regulatory clarity. With key players strengthening reserves, launching yield products, and developing infrastructure for everyday use, the crypto market appears poised for a transformative Q2.
XRP: $2.29 XRP has cooled slightly but remains in a strong position above $2.20. A Bitcoin rally could lift XRP toward $2.40, but weak volumes or regulatory headlines could keep it range-bound for now.
The past 24 hours underscore accelerating momentum in both institutional crypto adoption and global regulatory clarity. With key players strengthening reserves, launching yield products, and developing infrastructure for everyday use, the crypto market appears poised for a transformative Q2.
XRP: $2.29 XRP has cooled slightly but remains in a strong position above $2.20. A Bitcoin rally could lift XRP toward $2.40, but weak volumes or regulatory headlines could keep it range-bound for now.
Bitcoin exchange-traded funds (ETFs) have experienced unprecedented inflows, with a total of $3 billion pouring in during the week of April 21-25. BlackRock’s IBIT led the charge, attracting $970 million in a single day.
The “reciprocal tariffs” policy (i.e., imposing tariffs at the same level as trade partners impose on the US) to be implemented by the US on April 2 may have complex effects on the cryptocurrency market.
Cryptocurrency news may 7 2025
The memecoin story is one of rotation: the older names (DOGE, SHIB, PEPE) led the April run and are now consolidating, while speculative newcomers attract adrenaline-seekers. The space remains very volatile – a sudden social media post can flip narratives overnight. Investors are advised to treat meme coins as high-risk: many analysts urge caution despite some short-term rallies, noting that broader crypto fundamentals aren’t driving their prices.
Ethereum activated its Pectra upgrade on May 7, marking a significant milestone for the blockchain. The upgrade went live on mainnet at epoch 364032 and is the first major update since Dencun in 2024. Pectra is a combined hard fork (execution layer “Prague” and consensus layer “Electra”) introducing 11 Ethereum Improvement Proposals (EIPs) that enhance user experience. These changes improve the staking process, add new smart wallet features, and increase layer-2 efficiency for better scalability. The successful deployment of Pectra underscores Ethereum’s ongoing evolution to become more user-friendly and scalable.
Bitcoin (BTC) has soared past $105,000, hitting a new all-time high on May 12. The move follows months of accumulation and a steady climb from its March average of ~$68,800. The $100K level is more than symbolic — it reinforces confidence among institutional investors and retail traders alike. With inflows rising and volatility low, Bitcoin may be entering a new macro-uptrend.
The memecoin story is one of rotation: the older names (DOGE, SHIB, PEPE) led the April run and are now consolidating, while speculative newcomers attract adrenaline-seekers. The space remains very volatile – a sudden social media post can flip narratives overnight. Investors are advised to treat meme coins as high-risk: many analysts urge caution despite some short-term rallies, noting that broader crypto fundamentals aren’t driving their prices.
Ethereum activated its Pectra upgrade on May 7, marking a significant milestone for the blockchain. The upgrade went live on mainnet at epoch 364032 and is the first major update since Dencun in 2024. Pectra is a combined hard fork (execution layer “Prague” and consensus layer “Electra”) introducing 11 Ethereum Improvement Proposals (EIPs) that enhance user experience. These changes improve the staking process, add new smart wallet features, and increase layer-2 efficiency for better scalability. The successful deployment of Pectra underscores Ethereum’s ongoing evolution to become more user-friendly and scalable.
Bitcoin (BTC) has soared past $105,000, hitting a new all-time high on May 12. The move follows months of accumulation and a steady climb from its March average of ~$68,800. The $100K level is more than symbolic — it reinforces confidence among institutional investors and retail traders alike. With inflows rising and volatility low, Bitcoin may be entering a new macro-uptrend.
