Cryptocurrency+news
The introduction of XRP futures by Coinbase Derivatives reflects a growing acceptance and normalization of cryptocurrency derivatives in mainstream financial markets. These products provide investors with new mechanisms for hedging, speculating, and managing risk in their cryptocurrency portfolios https://tpfu.info/banking/credit-cards/. The regulatory backing by CFTC also adds a layer of credibility and security, encouraging wider participation.
Cardano holds a $26 billion market cap but has yet to make significant moves. Market speculation links it to a potential Coinbase listing, which could drive price growth. Also, Trump mentioned it in a recent tweet as one of the coins with great potential for growth.
As we delve further into the crypto market, the trend set by these digital currencies can’t be overlooked. As of April 22, 2025, the market has experienced tremendous growth with the top 10 cryptocurrencies making remarkable progress.
Cryptocurrency+news
Another expected headline in the top crypto news this week is Jupiter Exchange’s product announcements. In a post last week, the Solana-based DEX teased a major product announcement by a Jupiter executive.
The legislation, known as the GENIUS Act, is focused on what is known as stablecoin, a digital currency tied to the value of a specific asset – in this case the US dollar. The push for the bill represented a rare bipartisan effort in the Senate for major legislation. But while there has been general agreement across the Senate that regulation is necessary, key Democrats initially balked at moving ahead after demanding changes to the legislation.
WASHINGTON (AP) — Senate Democrats have blocked legislation to regulate stablecoins, a form of cryptocurrency, after arguing that the bill needed stronger protections and airing concerns that it could help President Donald Trump enrich himself.
Another expected headline in the top crypto news this week is Jupiter Exchange’s product announcements. In a post last week, the Solana-based DEX teased a major product announcement by a Jupiter executive.
The legislation, known as the GENIUS Act, is focused on what is known as stablecoin, a digital currency tied to the value of a specific asset – in this case the US dollar. The push for the bill represented a rare bipartisan effort in the Senate for major legislation. But while there has been general agreement across the Senate that regulation is necessary, key Democrats initially balked at moving ahead after demanding changes to the legislation.
Cryptocurrency market news
A US federal judge has rejected a US$50 million settlement deal jointly proposed by Ripple Labs and the US Securities and Exchange Commission (SEC), calling the motion “procedurally improper” and outside her jurisdiction.
Meanwhile, according to the Avalanche Foundation, more than 30 million contracts have been deployed across all indexed Avalanche Layer-1 (L1) networks. Approximately 10 million were deployed in the past month alone, with accelerating activity across the Avalanche network.
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is showing strong recovery, trading near $106,700 after a brief pullback triggered by Moody’s downgrade of U.S. debt, reaffirming its appeal as a hedge against uncertainty. This rebound aligns with rising investor appetite for crypto investment products, with the U.S. drawing over $7.5 billion in inflows in 2025 alone. Meanwhile, the Dollar Index is trending toward a drop below 100, pointing to dollar weakness and boosting demand for risk assets like crypto. Currently, BTC needs to breach the resistance at $107,500 for a move towards a new ATH. The support remains at $102,750.”