• Ada cryptocurrency news
• Latest cryptocurrency news april 29 2025
• Cryptocurrency market news april 2025

Latest cryptocurrency market news may 2025

In April, Scroll made some serious strides toward getting its mainnet beta off the ground.The team rolled out a test version of its system, showcasing its decentralized transaction processing model https://how2cryptos.com/. The testnet results were encouraging: they showed a significant reduction in costs while still keeping the whole system decentralized.

In April, Hyperlane launched its native token, HYPER, with a big community airdrop.57% of the supply went straight to early users, while the team, investors, and foundation split the rest – all locked for a year. Pretty clear focus on rewarding early support and tying incentives to long-term success.

Unlike spot ETFs, which reflect the real-time price of the token itself, futures ETFs trade on expectations and contract settlements, often introducing opportunities for leverage and risk management strategies. For instance, ProShares’ proposed XRP ETFs include products with 2x leverage and inverse exposure, enabling sophisticated traders to amplify gains or hedge losses based on their market outlook.

Following the dip, BNB began a steady recovery as investor sentiment improved. The rebound was supported by strong fundamentals within the Binance ecosystem. Activity on BNB Chain remained robust, particularly in decentralized finance (DeFi) and gaming applications. Notably, the trading volume on decentralized exchanges built on BNB Chain temporarily overtook competing networks like Solana, reaffirming the chain’s relevance in the decentralized application space.

Ada cryptocurrency news

Cardano is a proof-of-stake (PoS) currency, which means that blocks on the Cardano blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by “staking” existing coins on the network or by running a master node.

Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.

Cardano produces its own wallet software that is available for download on its website, which allows you to store Cardano on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Cardano.

Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.

Latest cryptocurrency news april 29 2025

XRP remains a major player after clearing regulatory uncertainty. It has not yet reached $4, but speculation suggests it could surpass its previous high of $3. Increased adoption could drive future price growth.

Ethereum has shown strong price action in recent days by reclaiming key levels above $1,950 and $2,000. A surge in its volume supports the bullish momentum but caution is necessary due to high leverage driving the volatile price movement. A stable Bitcoin price is also crucial for Ethereum’s bullish momentum and all other altcoins as well.

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As we step into the first week of May 2025, the cryptocurrency market is abuzz with activity. Bitcoin (BTC) is nearing the $100,000 mark, fueled by significant ETF inflows and growing institutional interest. Meanwhile, Canada’s recent political shift may influence the country’s crypto regulatory landscape. Here’s what to watch in the coming days.

XRP remains a major player after clearing regulatory uncertainty. It has not yet reached $4, but speculation suggests it could surpass its previous high of $3. Increased adoption could drive future price growth.

Ethereum has shown strong price action in recent days by reclaiming key levels above $1,950 and $2,000. A surge in its volume supports the bullish momentum but caution is necessary due to high leverage driving the volatile price movement. A stable Bitcoin price is also crucial for Ethereum’s bullish momentum and all other altcoins as well.

Cryptocurrency market news april 2025

In the medium term (6-12 months), if ecosystem activity significantly increases after the upgrade (such as DeFi TVL growth, Layer 2 transaction volume doubling), ETH may start a new cycle; conversely, if competing public chains continue to squeeze market share, prices may face pressure.

US February non-farm payrolls added 151,000 jobs, with the unemployment rate slightly rising to 4.1%. After the data release, Bitcoin led the decline and hit new lows, mainly because there was a Fed interest rate meeting in March, which directly impacted the meeting, almost ensuring the Fed would not cut rates.

The implementation of comprehensive regulatory frameworks has significantly contributed to market stability. By addressing concerns related to security, transparency, and compliance, regulators have created an environment that encourages responsible participation in the crypto market.

The Pectra upgrade is Ethereum’s first major technical update in nearly 11 months, combining the “Prague” and “Electra” upgrade plans, mainly focusing on wallet experience optimization and validator mechanism reform. These improvements are believed to potentially attract more institutional and individual users, especially by lowering the staking threshold and enhancing wallet experience, directly benefiting Ethereum ecosystem adoption rates.

Toncoin briefly touched $3.21 on April 27 but failed to sustain the breakout due to weak follow-up volume and resistance near the $3.20–$3.30 zone. Traders remained cautious, and with the RSI hovering around 37 during this period, momentum indicators signaled that buying strength was fading. The price eventually retreated to close April at $2.96.