šļø Crypto Market Update ā April 30, 2025
š Market Overview
Global Market Cap: $2.98 trillion
Bitcoin (BTC): Trading at $94,966, with a 0.13% increase over the last 24 hours
Ethereum (ETH): Priced at $1,808.98, down by 0.99%
BNB: At $601.13, experiencing a 0.38% decrease
XRP: Valued at $2.23, down by 2.62%
Cardano (ADA): Trading at $0.6988, a 1.82% decrease
Source: Binance Market Update
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š¦ BlackRock to Tokenize $150B Treasury Trust Fund
BlackRock is collaborating with BNY Mellon to create a new class of 'Distributed Ledger Technology' shares for its Treasury Trust Fund, aiming to tokenize shares of its $150 billion fund.
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š Bitcoin ETF Daily Flow Update
Invesco's Bitcoin ETF reported zero net inflow on April 30, 2025, indicating no new capital movement for the day.
šŖ Ethereum Considered Undervalued
Crypto analyst Crypto Rover highlights that Ethereum (ETH) is currently considered 'insanely undervalued,' suggesting a significant trading opportunity for investors.
š¬š§ UK to Exempt Overseas Stablecoin Issuers from Crypto Regulations
The UK government announced plans to exempt overseas stablecoin issuers from its upcoming cryptocurrency regulations, aiming to enhance tech cooperation with the US and establish Britain as a fintech hub.
š Bitcoin Price Consolidation Signals Potential Upward Move
According to trading analysis, Bitcoin is currently experiencing a period of price consolidation, which typically precedes a potential upward movement.