Cryptocurrency news etrscrypto
Ripple-SEC Lawsuit Paused for 60 DaysRipple’s legal battle with the SEC is on pause, suggesting possible settlement talks. Ripple also announced a $1.25B acquisition of Hidden Road, expanding its global footprint https://backlinkbuilder.biz/slot-machine/free/.
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From gold’s rise and Bitcoin’s drop to Ripple’s legal pause and Binance’s compliance shift—this week showed how politics, regulation, and tech intersect in crypto. Stay tuned for next week’s biggest movers!
Cryptocurrency news april 30 2025
Moreover, the Bitcoin Rainbow Chart, a tool that uses logarithmic growth curves to determine valuation, indicates that stable price action, barring any major developments, would most likely result in the prevailing Bitcoin price on April 30 being in the $73,358 to $95,164 range. The midpoint between those two figures is $84,261 — slightly below the estimates given by AI models today.
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CFTC withdraws staff advisory related to virtual currency derivative product listings. Also on March 28, the CFTC’s Division of Market Oversight (DMO) announced it was withdrawing Staff Advisory No. 18-14, which provided guidance and suggested greater burdens for listing virtual currency derivatives products. The DMO cited “additional staff experience” and “increasing market growth and maturity” as reasons for withdrawing the advisory.
Back in early March, Finbold consulted xAI’s Grok 3 model for insight as to when Bitcoin prices could reach a bottom. According to the LLM’s output, the bottom might have already been reached, as it predicted this would happen in the $78,000 to $82,000 range between mid-March and early April. In addition, Grok predicted that a consolidation period would follow — which matches up with the findings shared here today.
SEC closes investigation into Crypto.com. On March 27, Crypto.com announced that it had received a No-Action Letter closing the SEC’s investigation in the crypto exchange. Crypto.com had reportedly received a Wells Notice from the Commission in August 2024 asserting that several of the cryptocurrencies sold on Crypto.com were unregistered securities. In response, Crypto.com filed a declaratory relief action in the US District Court for the Eastern District of Texas in October 2024, seeking to enjoin the SEC from bringing a civil action against the exchange.
With supply-side factors creating additional headwinds, XRP’s ability to reclaim and sustain key price levels will be critical in determining whether it can break out of its current range or remain under pressure through April.
Ada cryptocurrency news
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Bitcoin (BTC) price stabilizes at around $105,200 at the time of writing on Tuesday, just 4% shy of its record peak. The positive narrative builds as JPMorgan CEO Jamie Dimon said the bank will let clients buy Bitcoin on Monday.
Recent developments have strengthened Cardano’s market position, particularly its addition to Grayscale’s Digital Large Cap Fund and integration with Brave browser’s wallet system. These partnerships have significantly expanded ADA’s potential user base, with the Brave integration alone connecting Cardano to over 86 million users worldwide.
One more positive sign is that the trading volume is strong currently at $1.88 billion, reflecting a surge of 65% seen in the last 24 hours, which means a lot of people are buying and selling ADA right now.
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.