global news cryptocurrency

Global news cryptocurrency

The adoption of new accounting standards plays a pivotal role in this transition. The Financial Accounting Standards Board (FASB) recently introduced changes under ASC 350-60, requires businesses to measure and report certain digital assets at fair value which significantly improves transparency and enables clearer disclosure of gains and losses via net income https://imaginesocialgood.org/best-mobile-apps-for-photoshop/.

Traditionally, trading stocks requires users to convert their cryptocurrency holdings into fiat currency through a separate exchange, undergo a separate KYC process, and then transfer those funds to a brokerage account. Bybit’s new system streamlines this process, allowing users to trade a wider range of assets directly with USDT, potentially attracting more crypto-native investors to traditional markets.

Litecoin is forecasted to trade between $76.50 and $191.10 in 2025. Litecoin’s 50% Fibonacci retracement level at $128.6 will be essential for confirming bullish trends. Stretched target: $250 (low probability).

After a disappointing 2024, Ethereum faces both challenges and opportunities. In this segment, we dive into whether Ethereum’s network upgrades, institutional interest and other catalysts could fuel a major resurgence or if it risks losing dominance to emerging competitors.

Latest news global cryptocurrency april 26 2025

These statements fueled optimism in traditional financial markets and became a trigger for further strengthening of Bitcoin, which confidently held its positions above $90,000 the day before. The growth of the rate was also fueled by mass liquidations of short positions. According to Coinglass, from April 22 to 23, crypto positions worth $632.6 million were forcibly closed.

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.

While this guidance, released on April 4, 2025, expresses only the views of the staff of the Division of Corporation Finance and is not legally binding, it nevertheless clearly states the SEC staff’s current position on what the guidance defines as “Covered Stablecoins.”

global cryptocurrency news

These statements fueled optimism in traditional financial markets and became a trigger for further strengthening of Bitcoin, which confidently held its positions above $90,000 the day before. The growth of the rate was also fueled by mass liquidations of short positions. According to Coinglass, from April 22 to 23, crypto positions worth $632.6 million were forcibly closed.

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.

While this guidance, released on April 4, 2025, expresses only the views of the staff of the Division of Corporation Finance and is not legally binding, it nevertheless clearly states the SEC staff’s current position on what the guidance defines as “Covered Stablecoins.”

Global cryptocurrency news

By now you’ve probably heard of the staggering blow to crypto exchange Bybit, as they confirmed a massive $1.4 billion exploit, making it the largest crypto hack on recordWe’re now learning some additional details – according to Bybit CEO Ben Zhou, the attacker compromised one of the exchange’s Ethereum cold wallets, siphoning off huge quantities of ETH and stETH by manipulating a single transaction.

Gold ETFs saw $8 billion in net inflows just three weeks ago—a record. Meanwhile, Bitcoin surged 10% following Trump’s tariff announcement (dubbed “Liberation Day” by crypto fans), jumping from $85K to $97K before settling around $94K. That’s still 13% below its all-time high, but the confidence is building.

Big names are bullish. MicroStrategy CEO Michael Saylor sees BTC hitting $140K this cycle. ARK Invest’s Cathie Wood goes further—forecasting a $2.4 trillion valuation long-term if institutional adoption takes off and governments start treating BTC as a strategic reserve.

Latest news affecting global cryptocurrency markets april 2025

April was a highly disruptive month for the global economy, affecting multiple markets — including crypto. The primary catalyst was Donald Trump’s aggressive tariff policy, which signaled a potential rewiring of global supply chains and trade dynamics. Although Trump had long voiced support for tariffs, the speed and boldness of his implementation surprised many. Eventually, he opted for a more gradual approach, easing some of the market panic.

These rapid shifts mean businesses that interact with digital assets must stay updated on shifting regulatory frameworks and maintain a deep understanding of the evolving risks and benefits the industry presents.

CFTC withdraws staff advisory related to virtual currency derivative product listings. Also on March 28, the CFTC’s Division of Market Oversight (DMO) announced it was withdrawing Staff Advisory No. 18-14, which provided guidance and suggested greater burdens for listing virtual currency derivatives products. The DMO cited “additional staff experience” and “increasing market growth and maturity” as reasons for withdrawing the advisory.

FinCEN notes FATF identifies jurisdictions with AML/CFT deficiencies. On February 26, FinCEN announced that the Financial Action Task Force (FATF) updated its lists of jurisdictions with strategic anti-money laundering (AML), countering the financing of terrorism (CFT), and countering the financing of proliferation of weapons of mass destruction (CPF) deficiencies at the conclusion of its plenary meeting this month. FinCEN informed US financial institutions to consider FATF’s stance toward these jurisdictions when reviewing their obligations and risk-based policies, procedures, and practices. FATF added Laos and Nepal to its list of jurisdictions under increased monitoring and removed the Philippines from that list. Additionally, FATF’s list of high-risk jurisdictions subject to a call for action remains the same (Iran, Democratic People’s Republic of Korea and Burma).

A noteworthy development in asset digitization is the tokenization of real estate within the crypto ecosystem. Real-world assets (RWAs) are increasingly being tokenized and sold to investors, blending traditional investment models with digital frameworks.

This entry was posted in ზოგადი ინფომაცია ადმინსტრაციული ორგანოს შესახებ. Bookmark the permalink.