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Trump vs Powell: Stagflation Warnings and Crypto ImpactJerome Powell’s warning about stagflation, tied to Trump tariffs, rattled markets. Trump criticized Powell for delaying rate cuts, adding political drama to financial uncertainty https://winport-casino-login.com/.
SEC Chair Atkins Missing From Crypto Custody EventDespite being recently confirmed, SEC Chair Paul Atkins won’t lead the April 25 roundtable on crypto custody. Acting Chair Mark Uyeda will step in as Kraken, Fidelity, and Anchorage join the discussion.
“Next week, the Senate will make history when we pass the GENIUS Act that establishes the first-ever pro-growth regulatory framework for payment stablecoins. This bill will cement US dollar dominance, protect customers, increase demand for US treasuries, and ensure that innovation in the digital asset space is in the hands of the United States of America, not our adversaries,” Senator Hagerty wrote.
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.
Ripple-SEC Lawsuit Paused for 60 DaysRipple’s legal battle with the SEC is on pause, suggesting possible settlement talks. Ripple also announced a $1.25B acquisition of Hidden Road, expanding its global footprint.
Cryptocurrency news april 22 2025
XRP remains a major player after clearing regulatory uncertainty. It has not yet reached $4, but speculation suggests it could surpass its previous high of $3. Increased adoption could drive future price growth.
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.
April 22, 2025, marks a significant day for the cryptocurrency market with notable launches and updates. Ripple’s strategic deployment of the RLUSD stablecoin on the Aave V3 platform, with a $50 million supply cap, aims to challenge the dominance of established stablecoins and penetrate the booming DeFi market. This move is backed by U.S. dollar deposits, Treasury bonds, and cash equivalents, and includes a security-enhancing clawback feature.
XRP remains a major player after clearing regulatory uncertainty. It has not yet reached $4, but speculation suggests it could surpass its previous high of $3. Increased adoption could drive future price growth.
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.
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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.
US-China Tariff War Pulls Bitcoin Down, Gold Hits ATHA 245% tariff on Chinese imports triggered a 2% Bitcoin price dip and a 3.75% drop in the broader crypto market. Gold, meanwhile, surged to an all-time high of $3,300 as investors sought safe-haven assets.
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.
US-China Tariff War Pulls Bitcoin Down, Gold Hits ATHA 245% tariff on Chinese imports triggered a 2% Bitcoin price dip and a 3.75% drop in the broader crypto market. Gold, meanwhile, surged to an all-time high of $3,300 as investors sought safe-haven assets.
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.