• Cryptocurrency news april 28 2025
• Cryptocurrency news predictions

Latest cryptocurrency market news april 2025

Nowadays, everyone is raving about non-fungible tokens or NFTs as pieces of digital art, collectibles, and virtual real estates have been sold for millions of dollars https://drying-machine.org/. Currently, Asia and regions such as Southeast Asia have been leading the uptake of these platforms such as Binance NFT as well as Crypto.

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It is significant to note that cybersecurity has not ceased to be a cause for concern in the crypto market. This was the reason that why recently more and more hackers and scams have been coming in the news.

Cryptocurrency news april 28 2025

The outcome will be meaningful for Canada’s crypto policy. Carney, himself a former central banker, has been public about his skepticism for cryptocurrencies. When serving as governor of the Bank of England, Carney said “they are failing” as a form of money. He has also called for “equivalent protections to those for commercial bank money” for private stablecoins.

Crypto markets rose Monday, with bitcoin (BTC) trading above $94,000 and the CoinDesk 20, a measure of the performance of the largest cryptocurrencies, adding 2.2% by the middle of the European morning.

Since 2022, Ecem has been creating digital content, combining her passion for technology with writing. Continuing her education in the Mathematics department, Ecem focuses on producing in-depth content on areas such as blockchain, artificial intelligence, and cryptocurrency. She aims to simplify these topics and present them to a wide audience, sharing valuable insights into the crypto industry through her writing. With her innovative content, she strives to raise awareness in the digital world.

April 2025 witnessed crypto markets rocked by more tariffs at the direction of US President Donald Trump — controversial policies that could have influenced the outcome of Canada’s elections on April 28. On April 2, Trump levied “discounted reciprocal tariffs” on 185 countries and territories. The Dow Jones Industrial Average dropped 2,200 points on April 4, while the S&P 500 dropped nearly 6%, its largest decline since March 2020. Bitcoin (BTC) went along for the ride but broke from stocks as it recovered toward the end of the month.

There are many differences between that period and today, and it will likely take a few months before we know where tariff rates will stabilize — Treasury Secretary Bessent said that the third quarter was a “reasonable estimate” for when markets will have clarity on tariffs. But regardless of how the negotiations play out, like the Nixon Shock in 1971, we expect that President Trump’s push to reshape global trade will have significant implications for the economy and financial markets over the coming years. Investors will need to consider the implications for their portfolios and may need to seek out alternative sources of return and diversification.

Cryptocurrency news predictions

“This development allows institutional investors to gain market share and instills confidence that cryptocurrency can be a viable investment for everyday investors without the complexity of holding coins in a wallet,” Bedolla says.

Amid the optimism, BitMEX co-founder and former CEO Arthur Hayes says Bitcoin could reach $1 million by 2028. He cites US capital controls taxing foreign assets, prompting capital flight from US markets.

In April, the JPMorgan analysts warned bitcoin’s burgeoning reputation as “digital gold” was under pressure as the bitcoin price failed to hold up in the face extreme market volatility triggered by Trump’s global trade war.

While hundreds of millions of dollars have flowed into several new spot Ethereum ETFs, the Grayscale Ethereum Trust experienced roughly $1.2 billion in net outflows in its first few days of trading. Grayscale experienced similar sizable outflows from its Grayscale Bitcoin Trust (GBTC) following the launch of spot Bitcoin ETFs back in January.