Cryptocurrency news predictions
Matic Network (MATIC) is a layer-2 scaling solution designed for Ethereum, employing sidechains to enhance transaction speed and reduce costs. It utilizes a variant of the Plasma framework, enabling parallel processing of transactions off-chain tyson fury vs francis ngannou.
Ethereum (ETH) is trading at $2479.07, marking an 8.26% increase in price over the last 24 hours. The 24-hour high reached $2482.04, while the low was $2263.04. Over the past 30 days, ETH has fluctuated between $2111.84 and $2879. The 1-year range is $1384.84 to $4108.86.
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Bitcoin remains the top cryptocurrency with a market cap of $2.28 trillion and a stable price of $114,836. It had no significant price movement in the last 24 hours and reported a trading volume of $31.74 billion.
Cryptocurrency news april 28 2025
The month began with Toncoin trading above the $4.00 mark, building on March’s bullish momentum driven by growing use cases in the Telegram-integrated ecosystem. However, the momentum quickly reversed. By April 6, the token had plunged to a monthly low of $2.75—a 33% drawdown in less than a week. This sharp decline was largely caused by a market-wide correction across major cryptocurrencies, as investors engaged in profit-taking after Bitcoin’s surge past $90,000.
From a technical standpoint, BNB’s support near $540 proved crucial during periods of downward pressure. The bounce from this level validated it as a zone of strong buying interest. On the other hand, resistance near $615–$620 remained firm, with repeated attempts to breach this zone failing amid a lack of sustained momentum. The formation of higher lows throughout the month pointed to accumulation behavior and a potential bullish setup if external conditions align.
Looking ahead to this week, PMI data for the U.S. services sector is awaited, with Wednesday’s FOMC interest rate decision and Powell’s guidance seen as critical for the markets. In the UK, expectations for a rate cut are rising, while U.S. jobless claims will test the strength of the labor market. In the crypto market, the appointment of SEC’s new chair Paul Atkins and his favorable stance toward digital assets drew attention. ETF applications from major institutions like Bitwise, BlackRock, Nasdaq, and 21Shares signal growing institutional interest. Developments such as Mastercard’s stablecoin integration and the closure of PayPal’s PYUSD investigation indicate accelerating integration between crypto and traditional finance. Meanwhile, MicroStrategy’s purchase of 15,355 BTC, bringing its total holdings to 553,555 BTC, supported market confidence.
The month began with Toncoin trading above the $4.00 mark, building on March’s bullish momentum driven by growing use cases in the Telegram-integrated ecosystem. However, the momentum quickly reversed. By April 6, the token had plunged to a monthly low of $2.75—a 33% drawdown in less than a week. This sharp decline was largely caused by a market-wide correction across major cryptocurrencies, as investors engaged in profit-taking after Bitcoin’s surge past $90,000.
From a technical standpoint, BNB’s support near $540 proved crucial during periods of downward pressure. The bounce from this level validated it as a zone of strong buying interest. On the other hand, resistance near $615–$620 remained firm, with repeated attempts to breach this zone failing amid a lack of sustained momentum. The formation of higher lows throughout the month pointed to accumulation behavior and a potential bullish setup if external conditions align.
Latest cryptocurrency news april 30 2025
BNY Mellon’s use of blockchain will streamline back-office operations, enhance transparency, and potentially reduce settlement times laying the groundwork for broader adoption of tokenized cash, digital securities, and blockchain-based settlement systems across traditional financial markets.
The first week of April saw Ethereum face notable downward pressure. From a strong start above $1,800, ETH dropped sharply, reaching a low of $1,388 by April 9. This early decline was largely attributed to a broader crypto market correction and short-term profit booking. Many investors, coming off gains from March, chose to exit positions, leading to a brief but intense sell-off.
The counter arguments to 228 are pretty bad because the cost of inflation is something on the order of (global average income tax rate * inflation). Or $1-$2 BILLION per year. 1) small validators will lose out Yes. That’s probably going to happen. It doesn’t cost $1 BILLION…
By mid-April, Ethereum stabilized within a range of $1,600 to $1,700. The price movement during this period indicated renewed confidence in the asset’s fundamentals, particularly amid increasing attention on Ethereum’s roadmap and potential network upgrades. This range-bound movement lasted for several days as market participants awaited more decisive cues.