cryptocurrency news april 30 2025
Cryptocurrency news april 30 2025
DOJ disrupts Garantex crypto exchange. On March 7, the DOJ announced charges against two administrators operating a crypto money laundering service in a “a coordinated action with Germany and Finland to disrupt and take down the online infrastructure used to operate Garantex, a cryptocurrency exchange that allegedly facilitated money laundering by transnational criminal organizations – including terrorist organizations – and sanctions violations highway casino reviews.” The DOJ alleged that Garantex has processed at least $96 billion in cryptocurrency transactions, and the indictment filed in the US District Court for the Eastern District of Virginia charged Lithuanian national Aleksej Besciokov and Russian national Aleksandr Mira Serda with money laundering conspiracy, conspiracy to violate sanctions, and conspiracy to operate an unlicensed money transmitting business. The coordinated action resulted in law enforcement seizing Garantex servers and freezing $26 million in funds.
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.
CoinDCX Research Team noted, “The crypto market consolidation continues as most of the tokens remain stuck within the same pre-determined range with a decrease in volatility. Bitcoin continues to trade around $94,600, while the other altcoins remain stuck around the ranges they traded in the past couple of days. Meanwhile, the altcoins like Monero (XMR), Artificial SuperIntelligence Alliance (FET), Fartcoin (FARTCOIN), etc., and a few more display strength, while Virtual Protocol (VIRTUAL), Official Trump (TRUMP), and Walrus (WAL) face a huge pullback of nearly 10%.”
Encouragingly, market performance during April 2025 suggests that Bitcoin and other digital assets may be part of the solution (Exhibit 2). In a volatile month for traditional assets — in which the VIX briefly exceeded 50% — Bitcoin’s price appreciated 15% and our market-cap weighted Crypto Sectors index gained 11%. U.S. equities declined 1% on net, with weakness led by cyclical market segments. Gold and certain foreign currencies had gains comparable to Bitcoin on a risk-adjusted basis (i.e., accounting for each asset’s volatility).
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As Ethereum and other altcoins recorded positive flows, Solana bucked the trend. It posted up to $0.89 million in crypto outflows. This aligns with a recent trend of declining TVL (total value locked), plunging 64%.
These positive crypto inflows come as markets continue to shrug off Trump tariffs. Accordingly, the US topped the positive flows. It beat Germany and Hong Kong with $681 million inflows against $86.3 million and $24.2 million, respectively.
“Bitcoin attracted $557 million in inflows, a decrease from the prior week, likely due to continued hawkish signals from the US Federal Reserve. Short-bitcoin products saw a fourth consecutive week of inflows, totaling $5.8 million, reflecting investor positioning amid recent price gains,” read an excerpt in the report.
As Ethereum and other altcoins recorded positive flows, Solana bucked the trend. It posted up to $0.89 million in crypto outflows. This aligns with a recent trend of declining TVL (total value locked), plunging 64%.
These positive crypto inflows come as markets continue to shrug off Trump tariffs. Accordingly, the US topped the positive flows. It beat Germany and Hong Kong with $681 million inflows against $86.3 million and $24.2 million, respectively.
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“Many senators, myself included, have very real concerns about the Trump family’s use of crypto technologies to evade oversight, hide shady financial dealings, and personally profit at the expense of everyday Americans. We have a duty to shine a light on these abuses and stop Donald Trump from exploiting emerging technologies to enrich himself, dodge accountability, and weaken the safeguards that protect American consumers and the rule of law,” noted Warner.
The legislation, known as the GENIUS Act, is focused on what is known as stablecoin, a digital currency tied to the value of a specific asset – in this case the US dollar. The push for the bill represented a rare bipartisan effort in the Senate for major legislation. But while there has been general agreement across the Senate that regulation is necessary, key Democrats initially balked at moving ahead after demanding changes to the legislation.
However, as some Democrats have insisted that an imperfect bill is better than no regulatory legislation, the top Democrat on the Senate Banking Committee argued the opposite. In a speech on the Senate floor on Monday afternoon, Sen. Elizabeth Warren insisted, “while a strong stablecoin bill is the best possible outcome, this weak bill is worse than no bill at all.”
From gold’s rise and Bitcoin’s drop to Ripple’s legal pause and Binance’s compliance shift—this week showed how politics, regulation, and tech intersect in crypto. Stay tuned for next week’s biggest movers!