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Trump's Son: Traditional Banks Urgently Need to Change Their Operations, Blockchain Technology Is More Efficient Than Current Traditional Financial Operations
Eric Trump, the son of former U.S. President Donald Trump, issued a warning to the banking industry: Change your ways or face extinction. "The modern financial system has collapsed, with slow speeds and high costs."
"Everything that can be done on the blockchain is more efficient than the current operating methods of financial institutions. SWIFT is a disaster," Eric Trump said on Tuesday, referring to the global financial transaction messaging network.
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Nasdaq Seeks SEC Approval for 21Shares Dogecoin ETF 🐶
Nasdaq has applied to list a Dogecoin ETF from 21Shares, aiming to give investors regulated exposure to DOGE without directly holding it. The SEC is currently reviewing the proposal.
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Solana Surpasses 400 Billion Transactions as SOL Tests Key Support🪙
Solana has exceeded 400 billion transactions, driven by a 44% surge in DEX volume to $21 billion last week. However, its RSI dropped from 70.52 to 50.61, indicating waning momentum after surpassing $150. SOL now hovers near key support at $145.59, with potential to either rebound to $157 or decline toward $133.82.
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The US SEC postponed its decision on adding a staking function to the Fidelity spot Ethereum ETF😜
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China has waived the recently imposed 125% tariff on U.S. ethane imports.
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Bernstein: Bitcoin will hit new highs as companies increase holdings and ETF "supply tightening" intensifies
This year, the Bitcoin price narrative fluctuates between the "gold" and "Nasdaq" correlations, but Bernstein analysts believe that short-term correlations are highly misleading, and the exhaustion of retail selling, the wave of corporate holdings, and the return of ETF funds are the key indicators, which may drive "supply tightening" to new highs.
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Suspected TRUMP Team-Linked Address Moves 1.346 Million TRUMP to CEX, Worth $19.53 Million🔥
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Total Bitcoin Open Interest Surges to $63.24 Billion💰
The total open interest for Bitcoin futures across all exchanges is 674,790 BTC (about $63.24 billion). CME leads with 147,110 BTC ($13.78 billion) in open interest, followed by Binance with 115,730 BTC ($10.85 billion).
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🗞 April 28, 2025 cryptocurrency news highlights
【Cryptocurrency】
Ethereum Foundation Executive Director Clarifies: Pectra Upgrade Unrelated to Controversial EOF, Former Will Be Released on Schedule
【Economy】
🆙 New SEC Chair Vows Crypto Reforms to Boost U.S. Investment
【Indicators】
Six entities control 88% of all tokenized U.S. Treasuries, led by BlackRock’s BUIDL with $2.5bn.
【More】
Federal Reserve no longer requires banks to provide notification when dealing with Bitcoin & crypto and will "support innovation" where appropriate.😄
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Six entities control 88% of all tokenized U.S. Treasuries, led by BlackRock’s BUIDL with $2.5bn.
Other major holders include Franklin Templeton’s BENJI ($707m), Superstate’s USTB ($661m), Ondo’s USDY ($586m), Circle’s USYC ($487m), and Ondo’s OUSG ($424m).
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Ethereum Foundation Executive Director Clarifies: Pectra Upgrade Unrelated to Controversial EOF, Former Will Be Released on Schedule
Tomasz K. Stańczak, Executive Director of the Ethereum Foundation, released an important clarification regarding the EOF debate, stating that EOF is heavily debated but there is a key misunderstanding that needs to be addressed: the current EOF discussion is not related to the upcoming Pectra upgrade set to be released on May 7th. The Pectra upgrade does not include EOF and has no intention to include EOF. All of Pectra's content will be released as planned on May 7th.
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🆙 New SEC Chair Vows Crypto Reforms to Boost U.S. Investment
New SEC Chair Paul Atkins pledged major crypto regulatory reforms to make the U.S. the top global hub for digital asset investment, moving away from previous strict enforcement policies.
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Federal Reserve no longer requires banks to provide notification when dealing with Bitcoin & crypto and will "support innovation" where appropriate.😄
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US Secretary of State: Russia and Ukraine Overall Closer to Reaching Peace Agreement than Over the Past Three Years
U.S. Secretary of State Pompeo stated that Russia and Ukraine are overall closer to reaching a peace agreement than in the past three years, and a peace agreement between Russia and Ukraine needs to be reached as soon as possible. The United States has various ways to hold accountable those who are unwilling to advance the peace agreement in Ukraine.
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Binance Alpha will launch Haedal Protocol (HAEDAL) on April 29 and airdrop to users who meet the threshold
According to official news, Binance Alpha will launch Haedal Protocol (HAEDAL) for the first time, and trading will start on April 29, with the specific time to be announced. Users who reach the Alpha Points threshold will receive the airdrop within 10 minutes after trading begins. The threshold will be announced on April 29.
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A U.S. District Court in Texas has ruled that OFAC’s sanctions on Tornado Cash were illegal and permanently barred the agency from reimposing them.
OFAC lifted the sanctions in March, but the court found the original action exceeded its authority.
Tornado Cash developers Roman Storm and Roman Semenov still face DOJ charges for money laundering and sanctions violations.
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SEC punts decisions on XRP, DOGE ETFs🪙🐶🔹
The U.S. SEC has delayed its decision on approving proposed cryptocurrency ETFs that would hold Dogecoin and XRP. These ETFs were put forward in March by NYSE Arca and Cboe BZX Exchange on behalf of Bitwise and Franklin Templeton.
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Ethereum Price Prediction: ETH Sets Course to $3,000 After Bullish Breakout🔹
Historical trends indicate Ethereum (ETH) could reach $3,000 in the coming months. The key resistance level to monitor is $1,800, and a breakout above $2,000 could trigger a rapid price surge toward the target.
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🗞 April 29, 2025 cryptocurrency news highlights
【Cryptocurrency】
Arizona’s House passed two Bitcoin reserve bills, SB 1025 and SB 1373, which now await Governor Katie Hobbs' signature.
【Economy】
🇦🇪 Abu Dhabi Sovereign Wealth Fund Plans to Launch Dirham Stablecoin in Partnership with Multiple Entities
China has waived the recently imposed 125% tariff on U.S. ethane imports.
【Indicators】
Suspected TRUMP Team-Linked Address Moves 1.346 Million TRUMP to CEX, Worth $19.53 Million🔥
【More】
Bernstein: Bitcoin will hit new highs as companies increase holdings and ETF "supply tightening" intensifies
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Arizona’s House passed two Bitcoin reserve bills, SB 1025 and SB 1373, which now await Governor Katie Hobbs' signature.
The legislation would allow the state treasurer and retirement systems to invest up to 10% of funds into Bitcoin and other digital assets, with the creation of a Digital Assets Strategic Reserve Fund.
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Year to date, Metaplanet treasury operations have generated a BTC $ Gain of $191 million.💣
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5 Best Solana Meme Coins To Buy For 10x Returns In The Second Quarter👀
The crypto market is entering a strong bull phase in Q2, led by a surge in Solana meme coins like Fartcoin, Bonk, Popcat, and Dogwifhat. Demand for low-cap and new meme tokens is soaring, and experts say investors have a limited window to profit before another bear market hits.
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🇦🇪 Abu Dhabi Sovereign Wealth Fund Plans to Launch Dirham Stablecoin in Partnership with Multiple Entities
Abu Dhabi’s ADQ, IHC, and FAB plan to launch a dirham-backed stablecoin, pending regulatory approval, supporting the UAE’s push to become a global digital asset hub.
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OKX released its 30th consecutive Proof of Reserves (PoR) report.
⚫️ 133k BTC: +1.59% from its last PoR on March 23, 2025
⚫️ 1.77m ETH: +3.43%
⚫️ 7.85bn USDT: -3.62%
⚫ 1.16bn USDC: -8.04%
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IntoTheBlock: Bitcoin Short-Term Trader HODLing Spikes, Further Inflows Could Spark Next Bull Run
IntoTheBlock posted that last week Bitcoin's short-term trader holding significantly increased, indicating a resurgence in speculative demand. If this fund inflow continues, it suggests that the current rise is not just a technical rebound but may be the beginning of a larger upward trend.
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Bitcoin Bull Run Reloads as Analysts Predict New All-Time Highs 🐂
Bitcoin is gaining momentum again, currently around $93,459, with analysts expecting it to break its January 2025 all-time high of $109,225. Support from technical indicators, a weaker U.S. dollar, and optimistic forecasts — including a $225,000 target by late 2025 — are fueling the bullish outlook.
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Ethereum Whales Are Accumulating Again, What It Means for the Ethereum Price🔹
Whale accumulation, shrinking exchange balances, and strong fundamentals are setting the stage for a potential summer rally in Ethereum's price. Recent blockchain data shows whales aggressively buying, with about 449,000 ETH flowing into long-term holding wallets in one day — one of the largest inflows ever. On-chain metrics suggest whales are positioning ahead of a bigger move.
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🗞 April 27, 2025 cryptocurrency news highlights
【Cryptocurrency】
In the past week, the cryptocurrency market has seen a net inflow of nearly $9 billion in funds.
【Economy】
US Secretary of State: Russia and Ukraine Overall Closer to Reaching Peace Agreement than Over the Past Three Years
【Indicators】
XRP Price Prediction: Ripple’s $1.25B Move Pushes XRP Towards New Heights, But Will a New Rival Challenge Its Momentum?🤔
【More】
🪙 Arizona Bitcoin Reserve Bills Head to Final Vote
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In the past week, the cryptocurrency market has seen a net inflow of nearly $9 billion in funds.
Cryptocurrency analyst ali_charts stated in a post that in the past week, the cryptocurrency market has seen a net inflow of nearly $9 billion, indicating a strong resurgence of investor interest.
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ARK Invest Raises Bitcoin Bull Case Forecast to $2.4 Million by 2030 🐂
ARK Invest updated its Bitcoin forecast, projecting a bull case of $2.4 million per BTC by 2030, up from $1.5 million. The firm cites growing institutional adoption, Bitcoin’s increasing role as digital gold, and significant demand from emerging markets as key drivers. Base and bear case estimates were also raised to $1.2 million and $500,000, respectively.
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