Cryptocurrency news ftasiamanagement
Lawmakers are now advocating for amendments to enhance consumer protections, enforce stricter financial controls and address potential ethical issues, particularly regarding the participation of large tech companies like Meta in the stablecoin space https://rich-palms-no-deposit-bonus.com/.
Another expected headline in the top crypto news this week is Jupiter Exchange’s product announcements. In a post last week, the Solana-based DEX teased a major product announcement by a Jupiter executive.
Bitcoin (BTC), the world’s oldest and most valued crypto, rose above the $106,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the green across the board as the overall Market Fear & Greed Index stood at 68 (Greed) out of 100, as per CoinMarketCap data. AAVE became the biggest gainer, with a 24-hour jump of nearly 26 percent. FARTCOIN turned out to be the biggest loser today, with a 24-hour dip of nearly 2 percent.
Sec cryptocurrency news
The argument advanced by the crypto industry—that it was subjected to wrongful lawsuits by a politically motivated regulator—is likely to have struck a chord with Trump, says Anthony Scaramucci, founder of the crypto-focused investment firm SkyBridge Capital and former communications director for Trump. “Trump is a big believer in lawfare,” says Scaramucci. “If you go to Trump saying you’re a victim of lawfare … he’s going to side with that.”
The argument advanced by the crypto industry—that it was subjected to wrongful lawsuits by a politically motivated regulator—is likely to have struck a chord with Trump, says Anthony Scaramucci, founder of the crypto-focused investment firm SkyBridge Capital and former communications director for Trump. “Trump is a big believer in lawfare,” says Scaramucci. “If you go to Trump saying you’re a victim of lawfare … he’s going to side with that.”
That rule book will clear up the question at the heart of the lawsuits: Which crypto assets should be classified as securities, the specific type of investment product over which the SEC has jurisdiction, and in what context?
In response to what crypto businesses considered outright hostility from the SEC under Biden, the industry embarked on a colossal lobbying effort in the lead-up to the 2024 election. Crypto companies and their executives funneled more than $150 million into three super political action committees—Fairshake, Protect Progress, and Defend American Jobs—set up to support pro-crypto congressional candidates. Meanwhile, high-profile crypto figures—among them Cameron and Tyler Winklevoss, cofounders of the crypto platform Gemini, and Marc Andreessen and Ben Horowitz, venture capitalists heavily invested in crypto startups—came out in support of Trump. The strategy apparently worked.
Since being sworn into office in April, the SEC chair has given opening remarks and overseen the commission’s roundtable events on digital assets. The next event, scheduled for June 9, will have SEC commissioners and industry leaders discuss issues related to decentralized finance.
Drawing from talented staff across the agency, the Task Force will collaborate with Commission staff and the public to set the SEC on a sensible regulatory path that respects the bounds of the law. To date, the SEC has relied primarily on enforcement actions to regulate crypto retroactively and reactively, often adopting novel and untested legal interpretations along the way. Clarity regarding who must register, and practical solutions for those seeking to register, have been elusive. The result has been confusion about what is legal, which creates an environment hostile to innovation and conducive to fraud. The SEC can do better.
Cryptocurrency news cardano
One Cardano (ADA) is currently worth $0.74 on major cryptocurrency exchanges. You can also exchange one Cardano for 0.00000699 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Cardano in U.S. dollars is $26.26 billion.
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.
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.
This aside, Cardano’s prospects are enhanced by other aspects, such as introducing an ADA Exchange-Traded Fund (ETF). A recent Crypto News Flash report suggests that the prediction platform Polymarket now offers a 55% probability of a Cardano ETF being approved by the end of 2025, up a 45% bet from a similar bet placed earlier this year.
Cryptocurrency news april 28 2025
“Bitcoin has maintained a relatively stable range above $92k as Trump’s administration soften tariff policies of the crypto industry,” Jupiter Zheng, Partner, Liquid Fund and Research, HashKey Capital, told CoinDesk in a Telegram message. “This crypto-friendly attitude can boost Bitcoin and other cryptocurrencies to develop their own market direction, less correlated with US equities, and enable more growth and innovation in the industry.”
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%.
At the same time, Carney has signaled his openness to digital forms of money and the ledger capabilities of blockchain technology. He voiced support for a central bank digital currency, seeing it as another step in the evolution of money.
Blockchain adoption metrics for Ethereum are looking good, as the network now boasts 60% real-world asset (RWA) tokenization value. Major firms like BlackRock are sure the blockchain will be the standard for RWAs, but other observers believe that scaling issues could create problems.
In Texas, HB 5352 would establish a State Blockchain Technology Pilot Program by the Department of Information Resources. The pilot aims to see how blockchain technology could improve “transparency, security, and efficiency in government operations.”
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