sec cryptocurrency news

Sec cryptocurrency news

Regulatory activity is also intensifying. The House Financial Services Committee will hold a hearing on digital assets on May 6, while the SEC convenes its third Virtual Asset Roundtable on May 12 https://cryptosworldunited.com/category/news/finance/. Eyes are also on the U.S. Senate, which is scheduled to vote on the GENIUS Act on May 26. If passed, the legislation could reshape stablecoin issuance by imposing strict licensing, reserve, and redemption requirements.

In 2025, Ethereum is expected to trade in a wide range with a minimum price of $1,667 and maximum price of $4,495. If and whenever bullish momentum in crypto markets accelerates, ETH may push to our stretched price target of $5,190.

Bitcoin (BTC) Bitcoin (BTC) is now trading at $104,216 up 0.95% since yesterday’s close. The crypto has recently reclaimed the $100,000 mark on upbeat mood around a new U.S.-U. K. trade pact and possible headway at coming trade discussions with China.

Cryptocurrency news april 27 2025

Momentum indicators such as the Relative Strength Index (RSI) remained near 60, reflecting moderate bullish momentum without entering overbought territory. This suggests further room for upward movement if broader conditions remain favorable.

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.

As the month progressed, Bitcoin rallied significantly, particularly from mid- to late April. Analysts from major financial institutions began predicting a stronger future for Bitcoin, citing growing interest from large investment firms and hedge funds. Bitcoin’s narrative as a hedge against inflation and financial uncertainty strengthened due to persistent volatility in traditional markets.

Solana (SOL), a leading high-performance blockchain network, demonstrated strong price action and ecosystem resilience during April 2025. The asset started the month trading near $124.70 and closed around $147.57, recording an approximate monthly gain of 18.3%. Despite a mid-month dip that tested key support levels, SOL rebounded sharply on the back of institutional accumulation and continued developer activity on the network.

In the final week of April, ADA experienced a surge in buying activity following reports of increased trading volumes and the anticipation of a potential Cardano ETF approval. The announcement led to a price increase, with ADA climbing to a monthly high of $0.7447 on April 24. This development signaled growing institutional interest and added a bullish sentiment to ADA’s market outlook.

ada cryptocurrency news

Ada cryptocurrency news

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.

Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.

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.

Cardano produces its own wallet software that is available for download on its website, which allows you to store Cardano on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Cardano.

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.