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sec cryptocurrency news

Sec cryptocurrency news

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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.

Cardano (ADA) trades in red on Tuesday at the time of writing, hovering around its key support level at $0.72. A decisive close below this level could trigger a correction. ADA’s falling daily active addresses and Decentralized Exchange (DEX) trading volume further support the bearish outlook. Adding to this, the technical outlook suggests weakness in momentum and a double-digit fall.

Ada cryptocurrency news

Hoskinson has denied any claims from Alexander. In his view, the investors legitimately redeemed 99.8% of the ADA vouchers received from the first token sale. As a result, he announced on a post on X that an independent audit report would soon be made public to show the details regarding the redemption history and crowdsale process in complete transparency, which could go a long way in rebuilding confidence and repairing his reputation.

latest cryptocurrency news

Hoskinson has denied any claims from Alexander. In his view, the investors legitimately redeemed 99.8% of the ADA vouchers received from the first token sale. As a result, he announced on a post on X that an independent audit report would soon be made public to show the details regarding the redemption history and crowdsale process in complete transparency, which could go a long way in rebuilding confidence and repairing his reputation.

Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.

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.

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.

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.

Latest cryptocurrency news

The cryptocurrency market experienced a whirlwind of developments this week. From Bitcoin price volatility and major crypto hacks to high-stakes geopolitical tensions and SEC shakeups, the global crypto narrative is evolving fast.

“Jupnet is a really big lift across the board, lots of research to be done across the board, proof of concepts to be developed in lieu of a good design, followed by lots of productizing. With Jupnet, we hope to add some special elements to the crypto space,” @weremeow noted in a post.

Meanwhile, others say it concerns highlights by another Jupiter executive, @weremeow on X, about a major Jupiter event, including a product reveal and DAO discussion. Meanwhile, a key conversation in the Jupiter ecosystem concerns the JupNet.

The abduction was prevented when the child’s father intervened and physically confronted the attackers, despite sustaining injuries. The suspects fled in the same van, which was later found abandoned nearby. The Paris prosecutor’s office is leading the investigation, suspecting financial motives linked to the family’s crypto connections.

Latest cryptocurrency news april 30 2025

With the bull market getting ready for recovery, a number of cryptos are showing signs of bullish momentum building up as we anticipate a bullish phase in the next few days or weeks.Here are a number of cryptos to watch in April, with the potential to realise huge profits.

California DFPI partners with state DOJ against crypto scams. On March 10, the California Department of Financial Protection and Innovation (DFPI) announced that “through its nationally-recognized Crypto Scam Tracker and a new partnership with the California Department of Justice (DOJ), the state has shut down more than 26 different crypto scam websites and uncovered $4.6 million in consumer losses.” Additionally, “the DFPI has also identified seven new scam types based on more than 2,668 complaints submitted by consumers in California and from across the U.S. in 2024.” The scam types include scams related to bitcoin mining, gaming, jobs, giveaways, and investments.

Dubai hosted the TOKEN2049 conference, attracting over 15,000 participants, including industry leaders from BlackRock, Goldman Sachs, and Binance. Discussions revolved around crypto adoption, regulations, and shifting investor sentiment toward Trump’s policies on digital assets.

Ripple Labs announces reduced SEC penalty and agreement to drop cross-appeals. On March 25, Ripple Labs’ Chief Legal Officer Stuart Alderoty announced on X (formerly Twitter) that the SEC had agreed to drop its appeal of a federal district court’s determination that retail sales of Ripple’s XRP token were not investment contracts subject to registration requirements under federal securities law. Alderoty further announced that the SEC would keep $50 million of the $125 million civil penalty the district court imposed on Ripple – but refund the remaining $75 million – while Ripple would agree to dismiss its own appeal of the district court’s order. The SEC has not yet confirmed these details, but on April 10 filed a motion with the court of appeals to stay proceedings.

Ethereum has shown strong price action in recent days by reclaiming key levels above $1,950 and $2,000. A surge in its volume supports the bullish momentum but caution is necessary due to high leverage driving the volatile price movement. A stable Bitcoin price is also crucial for Ethereum’s bullish momentum and all other altcoins as well.

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