Latest cryptocurrency news april 28 2025
Ripple created the XRP cryptocurrency to standardize each transaction and reduce costs. Banks in two different countries can incur substantial foreign exchange fees when they send payments in their domestic currencies, so they might choose to send XRP to one another instead https://sweepstake-casinos.org/. Each cross-border transfer incurs just 0.00001 XRP in fees, which comes out to a fraction of a cent.
The price action comes immediately after the District Court for the Southern District of New York said the “offer and sale of XRP on digital asset exchanges did not amount to offers and sales of investment contracts,” as “the record cannot establish the third Howey prong to these transactions.”
The SEC decided to put its case against Ripple on hold in April, and the two parties entered settlement talks. Then on May 8, the regulator announced a reduction in Ripple’s $125 million fine to just $50 million, and effectively extinguished the rest of the case.
Cryptocurrency news april 26 2025
The report emphasizes that April’s recovery was price-driven and reflected broader market maturity. Investors responded positively to dips, whale accumulation grew, and smart contract ecosystems like Cardano and Ethereum attracted attention through stability and development.
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.
CME Group is gearing up to launch XRP futures contracts on May 19, 2025. The new product will offer both micro contracts (2,500 XRP) and larger, full-size contracts (50,000 XRP), allowing traders more flexibility in their exposure to XRP.
The report emphasizes that April’s recovery was price-driven and reflected broader market maturity. Investors responded positively to dips, whale accumulation grew, and smart contract ecosystems like Cardano and Ethereum attracted attention through stability and development.
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.
Latest cryptocurrency news april 28 2025
He spoked at the SEC’s crypto roundtable, which the Republican leadership launched weigh how securities laws may apply to digital assets, an area of tension between the sector and the agency under previous leadership.
The crypto market is full of action again. As of April 2025, a lot has been happening with Bitcoin, market movements, and government decisions that are making headlines. Here’s everything in simple words.
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.