Latest cryptocurrency news
April 22, 2025, marks a significant day for the cryptocurrency market with notable launches and updates. Ripple’s strategic deployment of the RLUSD stablecoin on the Aave V3 platform, with a $50 million supply cap, aims to challenge the dominance of established stablecoins and penetrate the booming DeFi market livepoker. This move is backed by U.S. dollar deposits, Treasury bonds, and cash equivalents, and includes a security-enhancing clawback feature.
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.
Ripple’s RLUSD launch on Aave V3 illustrates its intent to carve a niche in the DeFi space by providing a stablecoin that not only promises high security with its clawback feature but also supports cross-border payments. This strategic move could disrupt the stablecoin market, currently dominated by USDT and USDC, by offering unique features that appeal to institutional investors.
🏦 BlackRock: Its Bitcoin ETF surpassed $50 billion in assets in just 15 months, underscoring growing institutional demand for crypto exposure. 🏦 MicroStrategy: Increased its Bitcoin holdings to 447,470 BTC, continuing its long-term accumulation strategy.
The Polkadot platform advances its ecosystem growth through parachain auctions and cross-chain features. Developers and investors choose Polkadot because they find its network upgrades efficient for maintaining blockchain scalability.
Cryptocurrency news today
Also, this week’s top crypto news story is the Avalanche Summit in London, expected to start on Tuesday, May 20. The sentiment is that the Avalanche network might make major announcements during the summit.
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.
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Also, this week’s top crypto news story is the Avalanche Summit in London, expected to start on Tuesday, May 20. The sentiment is that the Avalanche network might make major announcements during the summit.
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.
Ada cryptocurrency news
Cardano price faced rejection around the daily resistance at $0.84 on May 13 and declined 10% in the next four days. This daily level coincides with the 50% Fibonacci retracement ( drawn from the March 3 high of $1.17 to the April 7 low of $0.51) at $0.84, making this a key resistance zone. However, ADA retested and found support around its 200-day Exponential Moving Average (EMA) at $0.71 on Sunday. At the time of writing on Tuesday, it trades slightly down at around $0.73.
In ADA’s case, Daily Active Addresses fell to 23,644 on Tuesday from 35,696 on May 14, extending a downtrend that started in early March. This indicates that demand for ADA’s blockchain usage is decreasing, which doesn’t bode well for Cardano’s price.
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Cardano price faced rejection around the daily resistance at $0.84 on May 13 and declined 10% in the next four days. This daily level coincides with the 50% Fibonacci retracement ( drawn from the March 3 high of $1.17 to the April 7 low of $0.51) at $0.84, making this a key resistance zone. However, ADA retested and found support around its 200-day Exponential Moving Average (EMA) at $0.71 on Sunday. At the time of writing on Tuesday, it trades slightly down at around $0.73.
In ADA’s case, Daily Active Addresses fell to 23,644 on Tuesday from 35,696 on May 14, extending a downtrend that started in early March. This indicates that demand for ADA’s blockchain usage is decreasing, which doesn’t bode well for Cardano’s price.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.