latest cryptocurrency market news
Latest cryptocurrency market news
The latest CoinShares report indicates crypto inflows totaling $785 million recorded for the week ending May 17. While it represents a slight drop from the previous week’s $882 million, it marks the fifth week of consecutive positive flows shazam casino free chip.
“Ethereum was the standout performer, with US$205m in inflows last week and $575 million YTD, indicating renewed investor optimism following the successful Pectra upgrade and the appointment of new co-executive director Tomasz Stańczak,” Butterfill wrote.
As Ethereum and other altcoins recorded positive flows, Solana bucked the trend. It posted up to $0.89 million in crypto outflows. This aligns with a recent trend of declining TVL (total value locked), plunging 64%.
Cryptocurrency market news
CoinDCX Research Team noted, “The optimism around the Bitcoin price rally has increased significantly. Just before the day’s close, the token received a major bullish push, which helped it rise above $106K. The other tokens have also followed the trend, due to which the entire market has turned bullish, with the market cap rising above $3.35 trillion. Interestingly, Aave leads the top gainers with over a 20% rise, followed by Pendle & Curve DAO with 9% each and Ethereum, Maker & Chainlink with 6% to 7% each. Besides, Fartcoin drops by over 4%, the highest, while others are trying to rise above the bearish influence.”
While the legislation seeks to provide clarity and oversight in the burgeoning stablecoin market, recent developments have introduced partisan divisions and raised concerns over consumer protections and financial stability.
When top-ranked memes attract a burst of new inflows and cross key resistances simultaneously, it often signals the start of a fresh bull cycle. If this narrative holds, the rally could trickle down towards mid-cap altcoins and low-cap memecoins as markets digest the favorable US CPI print, in the coming days.
Altcoins extended their winning streak on Tuesday as macro tailwinds and technical breakouts converged across the crypto market. The global cryptocurrency market cap climbed 2.2% in the last 24 hours to $3.53 trillion, lifted by positive sentiment following the U.S. April CPI data, which printed at 2.3%, its lowest since February 2021.
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.
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Cryptocurrency news april 28 2025
The tokenization of real-world assets (RWAs) has been one of the rising use cases for blockchain technology in April. Ethereum is leading the way, with the value of the RWA tokenization on the network increasing to $6.2 billion. This marks a 20% increase over the month of April.
He spoked at the SEC’s crypto roundtable, which the Republican leadership launched weigh how securities laws may apply to digital assets, an area of tension between the sector and the agency under previous leadership.
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When asked about the potential for the SEC to suspend trading of Chinese companies as trade tensions rise between the world’s two largest economies, Atkins said that the agency will take action if companies do not abide by U.S. laws.
While the meeting was viewed positively, CZ expressed concerns about traditional media’s portrayal. He speculated that outlets like Bloomberg might frame the event negatively, focusing on past legal issues rather than the current initiatives he is leading.
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