Global cryptocurrency news
The month began with uncertainty driven by global trade and geopolitical tensions, particularly between the US and China. Despite the initial volatility, mid-to-late April marked a strong recovery https://fotomodellek.com/. It was driven by market optimism following the appointment of a crypto-supportive chair at the US Securities and Exchange Commission.
OFAC drops sanctions against Tornado Cash. On March 21, the Department of the Treasury announced the removal of economic sanctions against Tornado Cash «as reflected in Treasury’s Monday filing in Van Loon v. Department of the Treasury.» Treasury asserted that it «remains committed to using authorities to expose and disrupt the ability of malicious cyber actors to profit from their criminal activities through the exploitation of digital assets and the digital assets ecosystem.»
Analytics Insight has unveiled its Crypto Analysis Report for April 2025, capturing a pivotal month for digital assets amid rising institutional investment, evolving regulations, and resilient investor sentiment. April was led by Bitcoin (BTC), which posted a 14% monthly gain, climbing from $82,500 to over $94,000.
Latest news global cryptocurrency april 26 2025
The XRP Ledger Foundation clarified that the network and the main GitHub repository were not affected. The developers strongly recommended updating to the safe version of xrpl.js 4.2.5, and the infected releases (4.2.1–4.2.4 and v2.14.2) were blocked in NPM. A detailed report on the incident is planned to be published later. Major projects including Xaman Wallet, XRPScan, and First Ledger have confirmed that they were not attacked. Over the past 24 hours, the XRP rate has risen by more than 8%, reaching $2.25, according to CoinGecko.
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.» 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.
President Trump signs bill overturning IRS DeFi broker rule. On April 10, President Trump signed into law a Congressional Review Act of Disapproval (CRA) to overturn the Internal Revenue Service (IRS) Digital Assets Sale and Exchanges Rule, otherwise known as the «DeFi broker rule.» The DeFi broker rule previously required digital asset «brokers» to report to the IRS certain decentralized finance (DeFi) transactions conducted on their platforms. The rule defined «brokers» to include DeFi platforms, which typically are unable to collect from users the information required by the rule. The CRA prohibits any future administration from issuing similar rules without new legislation. For more information on the DeFi broker rule, see our January 2025 issue.
As we enter 2025, the cryptocurrency market stands at a crossroads. With insights from both leading cryptocurrency firms and traditional financial institutions, our latest video analyzes the most important forecasts shaping the future of digital assets. We have examined reports from top firms such as Bitwise, Pantera, Saxo Bank, Fidelity Digital Assets and more to provide you with the most comprehensive outlook. This in-depth breakdown explores key trends, opportunities and risks that every investor should know.
New York AG urges Congress to pass federal legislation to regulate cryptocurrencies. On April 10, New York Attorney General Letitia James announced she sent a letter to congressional leaders urging them to pass federal legislation to strengthen regulations on cryptocurrencies and digital assets. In the letter, Attorney General James warned that «the lack of strong federal regulations on cryptocurrencies increases the risk of fraud, criminal activity, and financial instability.» She further argued that «federal regulations would bolster America’s national security, strengthen its financial markets, and protect investors from cryptocurrency scams, which now account for 10 percent of all financial fraud and 50 percent of all losses from financial fraud.» The letter came in response to the US DOJ memorandum disbanding the DOJ’s National Cryptocurrency Enforcement Team and shifting DOJ enforcement priorities regarding digital assets.
Global cryptocurrency market latest news april 2025
📈 Analysts anticipate Bitcoin’s potential surge to $100,000, fueled by institutional demand and favorable macroeconomic conditions. ⚠️ However, excessive optimism could trigger short-term corrections, making risk management essential.
April 9Trump’s tariffs took effect: 104% on Chinese goods, 20% on EU goods, 24% on Japanese, and 46% on Vietnamese imports. China responded with an 84% tariff on U.S. goods. The EU also threatened countermeasures.Markets plummeted globally, with some indices experiencing losses not seen in decades.Later that day, Trump announced a 90-day pause on most tariffs — except those on China, which were increased to 125%.This reversal sparked a relief rally across markets.
On April 28, a wallet containing 3,520 BTC, worth roughly $330M , was hacked. Following the breach, the attackers began moving the stolen funds into XMR in an effort to obfuscate the trail. This triggered a sharp rally in Monero, with its price jumping over 60% in a single day. The incident highlighted the practical use case for privacy-focused cryptos.
Bitcoin showed significant price growth in April and demonstrated a strong ability to rebound quickly. So far, April has been the best-performing month for Bitcoin in 2025 in terms of price increase — partly due to a low base effect and a recovery from the February dip.
While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.
Asian markets responded overnight with a wave of crypto sell-offs, with Bitcoin shedding over 7% in value during the early hours of April 8. Traders across South Korea, Singapore, and Japan reacted to tariff news with intense sell-side pressure, driving the price down across all major tokens.