Cryptocurrency news april 29 2025
The crucial Fibonacci level of $0.00012 will be significant for SHIB bullish momentum. Continued development and community support will be key drivers, alongside potential integrations and partnerships https://how2cryptos.com/category/cryptocurrencies/.
Beyond trading, the remittance market will explode. For example, stablecoin transfers between the U.S. and Mexico could grow 5x, from $80 million to $400 million monthly, driven by speed, cost savings, and growing trust. Stablecoins will serve as a Trojan horse for blockchain adoption.
The Stacks long term chart looks bullish. It is printing a series of bullish reversal in the context of a long term uptrend. An acceleration point will be hit, sooner or later, presumably on BTC bullish momentum somewhere in 2025.
Cryptocurrency news etrscrypto
BALTIMORE — Bad actors are seeking cryptocurrency in almost every scheme tracked by the FBI. From fraudulent investments to tech support and romance scams, and most recently, a surge in employment scams. And as Bitcoin reaches record highs, Special Agent David Paniwozik with FBI Baltimore sees more people wanting to capitalize on cryptocurrency.
According to the FBI’s 2023 Cryptocurrency Fraud Report, cryptocurrency-related complaints only made up around 10 percent of total financial fraud complaints, however, the stolen value accounted for almost 50 percent of total losses.
Sadé Lemons, the public relations and social media manager for the Better Business Bureau of Greater Maryland, said with crypto being online, it’s easy for scammers to get money and personal information from others.
“I was contacted by this gentleman who said he was an engineer out of Europe and he was working on an oil project,” a victim said. “Within about three weeks, he sent me this lovely floral bouquet and a basket.”
SA Paniwozik has seen a huge spike in reports of employment scams involving cryptocurrency. Reported losses in Maryland went from $32,033 in 2023 to $3.8 million between January and October of this year.
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Latest cryptocurrency news april 30 2025
The broader crypto market sentiment shifted from caution to cautious optimism, driven by capital inflows, new ETF proposals, institutional investments, and ecosystem developments, indicating a maturing market environment.
And if you step back and think about the timing, it makes sense. Since 2023, Solana’s on-chain economy has exploded. There’s a lot more activity, higher fees, and real, growing usage driving the network now. This makes the case for inflation cuts stronger because Solana isn’t relying as much on inflation to secure the network – it’s got the fee revenue to back it up.
Dogecoin (DOGE), the iconic meme coin and community-driven digital asset, showcased moderate strength in April 2025, rebounding from early market weakness and capitalizing on a wave of renewed interest. The cryptocurrency began the month trading around $0.1666 and closed at approximately $0.1791, marking a monthly gain of 7.5%. While not as dramatic as the gains of some major altcoins, Dogecoin’s steady performance highlighted its growing credibility, especially in light of institutional developments and rising adoption trends.
Technically, Ethereum held strong support around $1,400 during its sharp decline early in the month. The successful bounce back above $1,700 validated that support zone and demonstrated buyers’ readiness to enter at discounted levels. Meanwhile, resistance near $1,820 proved difficult to overcome, indicating that any bullish continuation would need significant momentum or positive market catalysts.
In addition, CME Group, one of the world’s largest derivatives exchanges, is set to launch XRP futures contracts on May 19, aiming to meet rising institutional demand for exposure to alternative digital assets beyond Bitcoin and Ethereum. According to a Reuters report, CME sees this as a strategic expansion to capture interest in altcoins amid evolving investor preferences.
