Cryptocurrency news april 26 2025
Meanwhile, Arizona’s legislative move to allow up to 10% of its treasury and pension funds to be invested in cryptocurrencies like Bitcoin sets a forward-thinking precedent for other states boston bruins odds. This decision could potentially lead to increased adoption and integration of cryptocurrencies in public fund management, demonstrating confidence in digital assets’ long-term value.
The quick rebound in Bitcoin after such a sharp drop really highlights how dynamic the crypto space is right now. It’s a reminder that staying updated and not reacting emotionally is key for investors.
As of press time, AXS is trading at around $2.61 and testing its wedge’s upper line. If it breaks through this resistance and retests it successfully, the next target price could be around $3.38, which aligns with the 50-day moving average. If buyer interest stays strong and momentum builds, AXS might push higher toward $4.86. This move would represent an 86% gain from where it currently stands, just shy of the 100-day moving average.
Cryptocurrency news april 22 2025
These tokens use a bonding curve system, which means their price goes up with each new buyer. When a token reaches a certain point, it becomes tradable on Katana, which is Ronin’s decentralized exchange.
April 22, 2025, marks a significant day for the cryptocurrency market with notable launches and updates. Ripple’s strategic deployment of the RLUSD stablecoin on the Aave V3 platform, with a $50 million supply cap, aims to challenge the dominance of established stablecoins and penetrate the booming DeFi market. This move is backed by U.S. dollar deposits, Treasury bonds, and cash equivalents, and includes a security-enhancing clawback feature.
One standout feature of Ronin is its ability to process up to 100,000 transactions each second. This incredible speed, along with the network’s move from Proof of Authority (PoA) to Delegated Proof of Stake (DPoS), makes it faster and more secure. As a result, users can enjoy gaming without worrying about high gas fees or annoying delays.
This recent activity highlights how TRON continues to grow its ecosystem. Its reputation as a safe and efficient blockchain is helping it gain more attention from developers and institutions alike. TRX also plays a key role in moving USDT across networks, so staying secure and following regulations will be necessary for keeping interest high and maintaining long-term growth.
Over the past seven days, about $13.98 million worth of AAVE has been traded, with $4.3 million of that in the last 24 hours alone. Most of this activity happened in the spot market, with many tokens moved into private wallets. This shows that holders are choosing to store AAVE for the long term rather than sell it for quick profits.
Cryptocurrency news april 25 2025
The strategic moves by Ripple, SUI’s market potential, and Binance’s innovative product are likely to have a positive impact on cryptocurrency investors, indicating potential growth and more robust infrastructure in the near future.
Avinash Shekhar, Co-founder & CEO, Pi42, said, “As Bitcoin and Ethereum are trading sideways and exchange outflows increase, the market is in an unmistakable re-accumulation phase, which indicates increasing confidence among investors. This action indicates a strategic break before a potential breakout. Meanwhile, Dogecoin is displaying significant strength, with technicals and sentiment suggesting a potential major upside. Its capacity to pick up pace as bigger cryptocurrencies consolidate reflects a turn in investor focus towards high-potential altcoins.”
Binance’s Fund Accounts represent a significant step towards integrating traditional financial management techniques with the flexibility of cryptocurrency, promising to simplify asset management for professional investors and enhance operational transparency.
The same day saw the cryptocurrency SUI rise by 20% in 24 hours, thanks to Grayscale announcing the Grayscale SUI Trust, aiming to attract institutional investors. With robust ecosystem growth and a price boost to $3.66, SUI is poised for further gains, supported by bullish market sentiments and the promise of new highs.
Alankar Saxena, CTO and co-founder, Mudrex, told ABP Live, “Bitcoin has quickly bounced back to $93,500 following a minor pullback due to a marginal increase in the US jobless claims. However, robust inflows into spot Bitcoin ETFs, which totalled over $2.2 billion this week, gave BTC enough strength to recover. According to CoinGlass data, a break above the $95,000 mark could trigger liquidations of nearly $700 million in short positions, easing selling pressure and setting the stage for the next leg up. This could push Bitcoin to reclaim the $100,000 mark, while the support stands at $90,800.”
The Crypto Fear & Greed Index is at a very low number right now. That means people are feeling scared to invest. But interestingly, Bitcoin is still holding strong, showing that long-term investors still believe in it.