cryptocurrency news etrscrypto
Cryptocurrency news etrscrypto
🚀 Popping #CryptoNews past week: 🔹Trump exempts smartphones and computers from new tariffs. 🔹SEC approves options on spot Ether ETFs. 🔹First-ever leveraged XRP ETF set to debut in the US jaron ennis record. 🔹Bitcoin hashrate tops 1 zetahash in historic first. 🔹Pakistan appoints CZ as crypto
Solana (SOL), a leading high-performance blockchain network, demonstrated strong price action and ecosystem resilience during April 2025. The asset started the month trading near $124.70 and closed around $147.57, recording an approximate monthly gain of 18.3%. Despite a mid-month dip that tested key support levels, SOL rebounded sharply on the back of institutional accumulation and continued developer activity on the network.
The final week of April brought a wave of optimism to the BNB market. One of the major highlights was the filing of a spot BNB Exchange-Traded Fund (ETF) application by a major asset management firm in the United States. This announcement triggered a notable rally, with BNB jumping by over 8% in a single session. The prospect of institutional access to BNB through a regulated ETF product signaled growing legitimacy for the token and significantly lifted market sentiment.
Cryptocurrency news may 6 2025
The memecoin story is one of rotation: the older names (DOGE, SHIB, PEPE) led the April run and are now consolidating, while speculative newcomers attract adrenaline-seekers. The space remains very volatile – a sudden social media post can flip narratives overnight. Investors are advised to treat meme coins as high-risk: many analysts urge caution despite some short-term rallies, noting that broader crypto fundamentals aren’t driving their prices.
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On the crypto side, the $SUI ecosystem saw both a major unlock worth $253 million and its Basecamp developer event. At the same time, $RUNE launched its V3.5 mainnet upgrade, while Coinbase rolled out a Bitcoin Yield Fund targeting institutions.
Meme-inspired tokens have seen volatile action. In early May, Dogecoin (DOGE) and Shiba Inu (SHIB) helped lead a mini-rally: DOGE jumped about +5% in late April/early May, temporarily making it the top performer among big memes. SHIB also gained, trading around $0.0000135 (up ~2% in 24h on May 2). However, by the Fed week (May 6), this momentum cooled. DOGE was trading near $0.16 and actually slipping ~2% that day, and SHIB also flattened out, as traders rotated into more mainstream assets.
The Stacks long term chart looks bullish. It is printing a series of bullish reversal in the context of a long term uptrend. An acceleration point will be hit, sooner or later, presumably on BTC bullish momentum somewhere in 2025.
Cryptocurrency market news
Blockchain won’t be usable everywhere, but in many cases, it will be a part of the solution that makes the best use of the tools in the IoT arsenal. Blockchain can help to address particular problems, improve workflows, and reduce costs, which are the ultimate goals of any IoT project.
Blockchain tech is actually rather easy to understand at its core. Essentially, it’s a shared database populated with entries that must be confirmed and encrypted. Think of it as a kind of highly encrypted and verified shared Google Document, in which each entry in the sheet depends on a logical relationship to all its predecessors. Blockchain tech offers a way to securely and efficiently create a tamper-proof log of sensitive activity (anything from international money transfers to shareholder records).
As for mining Bitcoins, the process requires electrical energy. Miners solve complex mathematical problems, and the reward is more Bitcoins generated and awarded to them. Miners also verify transactions and prevent fraud, so more miners equals faster, more reliable, and more secure transactions.
But let’s take a step back. Satoshi Nakamoto, the founder of Bitcoin, ensured that there would ever only be 21 million Bitcoins in existence. He (or they) reached that figure by calculating that people would discover, or “mine,” a certain number of blocks of transactions each day.
Once you select the base and target currencies from the list and enter the desired amount into the provided field, the currency calculator immediately gives you the result. Additionally, you can also choose whether to calculate the result based on the current exchange rate or the exchange rate on a certain date. This way, the Markets Insider currency calculator allows you to search for historical exchange rates. The result provided by the currency calculator is displayed in a clearly arranged table. Here, the currency calculator shows the opening and closing rate as well as the lowest and highest rates for the respective date. (read more)
Cryptocurrencies are essentially just digital money, digital tools of exchange that use cryptography and the aforementioned blockchain technology to facilitate secure and anonymous transactions. There had been several iterations of cryptocurrency over the years, but Bitcoin truly thrust cryptocurrencies forward in the late 2000s. There are thousands of cryptocurrencies floating out on the market now, but Bitcoin is far and away the most popular.