Ada cryptocurrency news
US-China Tariff War Pulls Bitcoin Down, Gold Hits ATHA 245% tariff on Chinese imports triggered a 2% Bitcoin price dip and a 3.75% drop in the broader crypto market. Gold, meanwhile, surged to an all-time high of $3,300 as investors sought safe-haven assets 14red casino app.
WASHINGTON (AP) — Senate Democrats have blocked legislation to regulate stablecoins, a form of cryptocurrency, after arguing that the bill needed stronger protections and airing concerns that it could help President Donald Trump enrich himself.
Another Trump-family linked crypto venture called World Liberty Financial recently announced that it was issuing its own stablecoin, called USD1. The stablecoin got a huge boost when World Liberty Financial announced last week that an investment fund in the United Arab Emirates would be using $2 billion worth of USD1 to purchase a stake in Binance, the world’s largest cryptocurrency exchange.
The cryptocurrency market experienced a whirlwind of developments this week. From Bitcoin price volatility and major crypto hacks to high-stakes geopolitical tensions and SEC shakeups, the global crypto narrative is evolving fast.
“Many senators, myself included, have very real concerns about the Trump family’s use of crypto technologies to evade oversight, hide shady financial dealings, and personally profit at the expense of everyday Americans. We have a duty to shine a light on these abuses and stop Donald Trump from exploiting emerging technologies to enrich himself, dodge accountability, and weaken the safeguards that protect American consumers and the rule of law,” noted Warner.
Cryptocurrency market news april 2025
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While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.
In regulatory news, the Federal Reserve said that it had withdrawn earlier guidance about commercial banks’ crypto- and stablecoin-related activities.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.
DLA Piper is a global law firm operating through various separate and distinct legal entities. For further information about these entities and DLA Piper’s structure, please refer to the Legal Notices page of this website. All rights reserved. Attorney advertising.
While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.
Ada cryptocurrency news
However, overall market participation has slowed slightly. The trading volume has dropped by 33.40% to $1.34 billion, and open interest is down 2.14% to $851.37 million. The worst decline is in the options market, where volume is down by nearly 93%, indicating a reduction in speculative trade.
The trading activity across major exchanges paints a clear picture. Binance leads with the highest ADA volume at $2.19 million, followed by Bybit at $757,300. Interestingly, Bybit also tops the list for net inflows, attracting $259,750, while Binance follows with $178,300. These inflows show that fresh capital is still cautiously entering ADA markets.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
However, overall market participation has slowed slightly. The trading volume has dropped by 33.40% to $1.34 billion, and open interest is down 2.14% to $851.37 million. The worst decline is in the options market, where volume is down by nearly 93%, indicating a reduction in speculative trade.
The trading activity across major exchanges paints a clear picture. Binance leads with the highest ADA volume at $2.19 million, followed by Bybit at $757,300. Interestingly, Bybit also tops the list for net inflows, attracting $259,750, while Binance follows with $178,300. These inflows show that fresh capital is still cautiously entering ADA markets.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
