Bitcoin $BTC has surpassed $94,500, driven by a strong rebound and expectations of reaching $100,000 by May, according to Cointelegraph analysis. Bitcoin ETFs have recorded inflows of $3 billion, the first full week in five weeks, reflecting renewed institutional interest.
However, some analysts warn that sales of Bitcoin at its all-time high of $109,000 are below previous peaks, suggesting caution among medium-term investors.
Adoption and regulation:
United States: The SEC, under new Chairman Paul Atkins, has suggested "huge benefits" for the crypto sector and will hold a roundtable on cryptocurrency custody on April 25, with participants from Kraken and Coinbase.
Panama: The Panama City Council approved the use of Bitcoin and cryptocurrencies for payments, signaling growing interest in blockchain in Latin America.
Binance: The platform is advising governments and sovereign funds on creating strategic Bitcoin reserves, indicating a rise in global institutional adoption.
New York: A bill was introduced to allow the state to accept Bitcoin for taxes and payments, a significant step towards governmental adoption.
Jerome Powell: The Federal Reserve Chairman announced a possible easing of banking regulations on cryptocurrencies and stablecoins, which could boost their expansion in the U.S.
Developments in blockchain:
Visa and Web3: Visa launched a new payment protocol based on stablecoins, promoting the adoption of digital payments in Web3.
Deloitte: Predicts that the market for tokenized real estate on blockchain will reach $4 trillion by 2035, highlighting the potential of tokenization.
Aptos: During Expo 2025 in Osaka, it integrated 133,000 new users in one week as a digital wallet provider, demonstrating massive blockchain adoption through soulbound NFTs.
Stablecoins and security:
Tether: It has issued an additional 11 billion USDT on the Tron network since January, surpassing 70 billion in circulation.
Hacks: In the first quarter of 2025, hacks in the crypto market totaled $1.63 billion, a 131% year-over-year increase, with the Bybit case representing 92% of the losses.
Stablecoins: A banking entity forecasts that the value of stablecoins will reach $3.7 trillion by 2030.
Other developments:
Cardano: Charles Hoskinson, CEO of Cardano, expressed doubts about the network's survival beyond ten years, sparking debates about its future.
Ripple (XRP): It failed to surpass $2.30 and struggles to maintain its support, while Ripple prepares for a possible massive XRP sale, the largest in seven years.
Memecoins: DogWifHat ($WIF) led a rebound in the memecoin market with a 25% increase, while the memecoin RFC, related to Elon Musk, briefly surpassed $100 million in market value.
Note: News about cryptocurrencies is highly volatile and subject to rapid changes. Claims in X posts are not always verifiable, so they should be taken with caution. For real-time information, I recommend visiting sources like Cointelegraph, CriptoNoticias, or Bitget.
