Cryptocurrency news april 30 2025
After jumping 20% last week, Cardano (ADA) has now dropped 5%, but there’s more behind it. With the Brave Wallet now supporting ADA and Cardano’s founder teasing more surprises, the stage is set for ADA price to hit a month high lucky tiger casino app. So, is ADA on its way to $1?Let’s dive in detail, & how $1 reach is possible?
From a technical perspective, ADA is holding within a critical support zone between $0.68 and $0.74—a range traders are closely watching for confirmation of a price floor. The Relative Strength Index (RSI) stands at 51, reflecting balanced momentum: not overly overbought nor in accumulation territory.
The Brave browser, which has over 70 million users, has officially added support for ADA in its built-in crypto wallet. Reacting to the news, Cardano’s founder Charles Hoskinson hinted that this is just the beginning. He suggested that several more big updates will roll out through the Summer and Fall of 2025.
XRP slides for two consecutive days as sentiment in the broader market remains cautious. In its debut, the XRP futures launch on CME Group’s derivatives platform exceeded $2.4 million in trading volume.
Cryptocurrency news april 30 2025
In regulatory news, the Federal Reserve said that it had withdrawn earlier guidance about commercial banks’ crypto- and stablecoin-related activities. Previously the Fed had required banks to give advance notice before undertaking any crypto activities; under the updated guidance the Fed will consider banks’ crypto activity as part of its normal supervisory process. Separately, at an event in mid-April, Fed Chair Powell said about the crypto industry: “I think that the climate is changing, and that you are moving into more mainstreaming of that whole sector.” Powell added that he was encouraged by progress on stablecoin legislation in Congress. Although House and Senate negotiators need to iron out some differences, passing stablecoin legislation over the next month still appears possible.
While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.
Back in early March, Finbold consulted xAI’s Grok 3 model for insight as to when Bitcoin prices could reach a bottom. According to the LLM’s output, the bottom might have already been reached, as it predicted this would happen in the $78,000 to $82,000 range between mid-March and early April. In addition, Grok predicted that a consolidation period would follow — which matches up with the findings shared here today.
In regulatory news, the Federal Reserve said that it had withdrawn earlier guidance about commercial banks’ crypto- and stablecoin-related activities. Previously the Fed had required banks to give advance notice before undertaking any crypto activities; under the updated guidance the Fed will consider banks’ crypto activity as part of its normal supervisory process. Separately, at an event in mid-April, Fed Chair Powell said about the crypto industry: “I think that the climate is changing, and that you are moving into more mainstreaming of that whole sector.” Powell added that he was encouraged by progress on stablecoin legislation in Congress. Although House and Senate negotiators need to iron out some differences, passing stablecoin legislation over the next month still appears possible.
While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.
Cryptocurrency news cardano
Cardano (ADA) is starting to regain the spotlight as market sentiment turns increasingly bullish. Investors are looking at the possibility of ADA revisiting its all-time high of $3.10, a level last seen in September 2021. With ADA currently trading at approximately $0.728, the cryptocurrency remains about 71% below its all-time high of $3.10 reached in September 2021.
However, it seems clear that governance changes are a key priority for developers. In December, Hoskinson criticized the Cardano Foundation’s governance model and co-authored a proposal to significantly change it.
As reported by CNF, Charles Hoskinson has faced allegations from Masato Alexander, who claims that Hoskinson misappropriated 318 million ADA during the 2021 Allegra hard fork. In his defence, Charles stated that a Move Instantaneous Rewards (MIR) transaction was used to quietly redirect unclaimed ADA from early investors into Cardano’s treasury without clear communication or consent.
Bitcoin (BTC) price stabilizes at around $105,200 at the time of writing on Tuesday, just 4% shy of its record peak. The positive narrative builds as JPMorgan CEO Jamie Dimon said the bank will let clients buy Bitcoin on Monday.