Cryptocurrency market news april 2025
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 https://winport-no-deposit.com/.
Hoskinson has denied any claims from Alexander. In his view, the investors legitimately redeemed 99.8% of the ADA vouchers received from the first token sale. As a result, he announced on a post on X that an independent audit report would soon be made public to show the details regarding the redemption history and crowdsale process in complete transparency, which could go a long way in rebuilding confidence and repairing his reputation.
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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.
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In the same way, Tomasz Stanczak, recently appointed as co-Executive Director of the Ethereum Foundation (EF), has a deep history in Ethereum’s core development. His focus on statelessness to enhance Ethereum’s scalability and decentralization aims to reduce node storage needs.
“Ethereum was the standout performer, with US$205m in inflows last week and $575 million YTD, indicating renewed investor optimism following the successful Pectra upgrade and the appointment of new co-executive director Tomasz Stańczak,” Butterfill wrote.
“The Ethereum Foundation is thrilled to welcome Hsiao-Wei Wang and Tomasz Stanczak as co-Executive Directors. This new leadership structure marks an exciting new chapter in the Foundation’s evolution as we continue to support a growing Ethereum ecosystem,” the EF said in March.
In the same way, Tomasz Stanczak, recently appointed as co-Executive Director of the Ethereum Foundation (EF), has a deep history in Ethereum’s core development. His focus on statelessness to enhance Ethereum’s scalability and decentralization aims to reduce node storage needs.
“Ethereum was the standout performer, with US$205m in inflows last week and $575 million YTD, indicating renewed investor optimism following the successful Pectra upgrade and the appointment of new co-executive director Tomasz Stańczak,” Butterfill wrote.
“The Ethereum Foundation is thrilled to welcome Hsiao-Wei Wang and Tomasz Stanczak as co-Executive Directors. This new leadership structure marks an exciting new chapter in the Foundation’s evolution as we continue to support a growing Ethereum ecosystem,” the EF said in March.
Cryptocurrency market news april 2025
By this calculation, the possibility of successful bottoming and complete trend reversal will be greater by the time of the Fed’s fourth interest rate meeting this year on June 19 (market mainstream expectation is that the first rate cut this year will occur).
Before mid-June, there won’t be much market action, with a high probability of range-bound fluctuations to form a bottom. April’s market may first decline, then fluctuate and rebound. For the next two months or more, don’t have expectations of getting rich quickly; take profits when possible, securing gains is the best strategy!
CFTC withdraws staff advisory related to clearing of digital asset derivatives. On March 28, the CFTC announced that it was withdrawing Staff Advisory No. 23-07, which warned Derivatives Clearing Organizations (DCOs) that the CFTC’s Division of Clearing and Risk (DCR) would treat digital asset services as involving “heightened cyber and other operational risks,” exposing DCOs to greater scrutiny from the DCR. In withdrawing the advisory, the CFTC emphasized that “its regulatory treatment of digital asset derivatives” will not “vary from its treatment of other products.”
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Cardano price faced rejection around the daily resistance at $0.84 on May 13 and declined 10% in the next four days. This daily level coincides with the 50% Fibonacci retracement ( drawn from the March 3 high of $1.17 to the April 7 low of $0.51) at $0.84, making this a key resistance zone. However, ADA retested and found support around its 200-day Exponential Moving Average (EMA) at $0.71 on Sunday. At the time of writing on Tuesday, it trades slightly down at around $0.73.
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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.
In ADA’s case, Daily Active Addresses fell to 23,644 on Tuesday from 35,696 on May 14, extending a downtrend that started in early March. This indicates that demand for ADA’s blockchain usage is decreasing, which doesn’t bode well for Cardano’s price.
XRP slides for two consecutive days as sentiment in the broader market remains cautious. In its debut, the XRP futures launch on CME Group’s derivatives platform exceeded $2.4 million in trading volume.