Day

April 30, 2025

Bloomberg Intelligence boosts Solana ETF approval odds to 90%

April 30, 20250
Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform. The company also set more favorable chances of approval for other altcoin ETFs, including proposed funds holding XRP (XRP) and Dogecoin (DOGE), Bloomberg analyst Eric Balchunas...

Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K

April 30, 20250
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY...

'To have freedom of money, you have to have freedom of speech' — CZ

April 30, 20250
Binance co-founder and former CEO Changpeng “CZ” Zhao took the stage at Token2049 in Dubai, United Arab Emirates (UAE), where he told the audience that his investment in social media platform X was aimed at protecting freedom of speech.The former Binance executive joined a fireside panel with macroeconomic analyst Raoul Pal to discuss the rationale...

‘Huge Shift’ in crypto firms’ compliance mindset, says Elliptic co-founder

April 30, 20250
The crypto industry has seen a significant shift toward regulatory compliance since its early days, according to James Smith, co-founder of Elliptic, a crypto compliance firm established in 2013.“In the early days, only a few companies approached compliance in a serious way,” Smith told Cointelegraph at the Token2049 event. “Coinbase was our first customer —...

CZ aims to teach 1 billion kids through Giggle Academy — Token2049

April 30, 20250
Binance co-founder Changpeng “CZ” Zhao wants to provide free education for up to a billion children worldwide with his Giggle Academy venture, he told an audience at Token2049 in Dubai, United Arab Emirates (UAE).”In a few years, I think, I want to teach 100 million or 1 billion kids for free,” Zhao told the audience....

3 Ethereum charts flash signal last seen in 2017 when ETH price rallied 25,000%

April 30, 20250
Key takeaways:Ether price printed a rare monthly Dragonfly doji candlestick, which is often seen before major ETH bull market cycles.ETH is retesting its long-term parabolic support zone that preceded its historic 2017 rally.The MVRV Z-Score has entered the accumulation zone, signaling undervaluation.Ethereum’s native token, Ether (ETH), is flashing a combination of technical and onchain signals...

Stablecoins on track for $2T market cap by 2028 — US Treasury

April 30, 20250
US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of the Treasury’s Q1 2025 report. Stablecoins’ cumulative market cap currently stands at roughly $230 billion, but “[e]volving market dynamics [have] the potential to accelerate stablecoins’ trajectory to reach ~$2tn in...

Coinbase files brief with US Supreme Court in support of taxpayers' privacy

April 30, 20250
US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS) gaining access to his data from a digital asset platform.In an April 30 filing in the Supreme Court of the United States (SCOTUS), lawyers for Coinbase argued that a First...

Tether plans US stablecoin launch as soon as this year — Report

April 30, 20250
Tether plans to launch a stablecoin product in the United States as soon as this year, the stablecoin issuer’s CEO, Paul Ardoino, said in an April 30 CNBC interview. Tether’s flagship stablecoin, USDT (USDT), is already the US dollar’s top “exporter,” Ardoino told CNBC. It has a market capitalization of nearly $150 billion, according to...

Bitcoin ‘aging’ chart projects sixfold BTC price rally above $350K

April 30, 20250
Key takeaways:Bitcoin’s price increased by sixfold each time its age increased by 40%.If the pattern holds, Bitcoin could rally to $351,046 in 2025.New data highlights a historical pattern that results in Bitcoin (BTC) price increasing by sixfold. Using a logarithmic chart to illustrate the trend from 2011, the model projects BTC price to hit $351,046...
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