global cryptocurrency news

Global cryptocurrency news

Right now, crypto is going through a sensitive time. Prices are changing fast, governments are making new rules, and investors are trying to understand what to do next https://popsmokemerchshop.com/. If you’re in crypto, this is the time to stay alert, stay informed, and think long-term.

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. »

Wyoming stable token enters testing phase. On March 26, Wyoming Stable Token Commission Executive Director Anthony Apollo announced that the Wyoming Stable Token (WYST) entered its testing phase across several blockchain networks. Executive Director Apollo notes that the testing is « a key step towards launching the first fiat-backed and fully reserved stable token issued by a public entity in the United States. » Testing is expected to occur throughout the second quarter of 2025, with a potential launch in July 2025. These announcements were made during a fireside chat with Governor and Commission Chairman Mark Gordon at the DC Blockchain Summit. Governor Gordon also highlighted the benefits of WYST for both the state and its users, including a statutory requirement to over-collateralize the stable token’s backing with cash and US Treasuries to mitigate the risk of de-pegging, and the deposit of interest derived from those treasuries into the state’s school foundation fund.

Global cryptocurrency market latest news april 2025

At the moment, it’s difficult to identify a dominant narrative in the altcoin space. The memecoin and AI agent booms have cooled off, and no new standout trends have emerged just yet. For now, market attention is largely focused on broader macro events that are driving the price of Bitcoin and by extension, the entire crypto market.

In regulatory developments, a U.S. House committee approved the STABLE Act, a bill designed to regulate dollar-backed stablecoins issued by banks and financial institutions. The legislation aims to bring systemic stability to the stablecoin sector, a rapidly growing segment in the broader crypto economy.

Bitcoin continues to draw liquidity and increase its dominance in the market. This momentum is being driven by continued purchases from both nation-states and institutional players. Still, market liquidity can shift quickly and unexpectedly.

April was a month of major developments, from Bitcoin’s price swings to Ethereum’s upgrade and expanding institutional investments. Regulatory shifts and high-profile partnerships are paving the way for greater crypto adoption.

Asian markets responded overnight with a wave of crypto sell-offs, with Bitcoin shedding over 7% in value during the early hours of April 8. Traders across South Korea, Singapore, and Japan reacted to tariff news with intense sell-side pressure, driving the price down across all major tokens.

latest news global cryptocurrency stock market april 28 2025

Latest news global cryptocurrency stock market april 28 2025

On April 2, the US president levied retaliatory tariffs on all US trade partners, sending Wall Street into a spiral. Between the announcement after market close and the end of trading on April 8, global markets wiped off more than $8.5 trillion in asset value. By the same date, the S&P 500 had fallen by just north of 12%.

RWAs are increasingly adopted by established financial firms launching tokenization pilot projects in real estate, commodities like gold, and even carbon credits. Larry Fink, CEO of the world’s largest fund manager, BlackRock, has noted that tokenized RWAs allow for instant trading and transfers like a “digital deed.”

In Nigeria, the court delayed a case against Binance, one of the biggest crypto exchanges. The government claims Binance caused huge financial damage to their economy and is demanding over $2 billion in back taxes.

Large-scale liquidations and Whale Sell-off: The industry is also suffering from large-scale liquidations. As per Coinglass data, in the past day, 78,525 traders were wiped out, and total liquidations hit $226.69 million. Ethereum had the most losses at $78.08 million, followed by Bitcoin at $60.48 million, and Solana at $7.94 million. Even popular tokens like AAVE, Moodeng, and Fartcoin saw liquidations.