Cryptocurrency news last 24 hours
Altcoins have taken an even harder hit. Solana (SOL) is down by nearly 4.8%, now priced at $171, while Cardano (ADA) and Dogecoin (DOGE) fell by 4.89% and 5 who is mike tyson.87% respectively. XRP also saw a drop of around 3.7%. The current sideways action across many tokens has pushed the Altcoin Season Index down to 37 out of 100, meaning that Bitcoin continues to dominate market attention.
Pratishtha Pawar is an emerging voice in the world of crypto content writing, steadily building expertise in blockchain technology and digital finance. With a sharp eye on evolving market dynamics and the broader cryptocurrency landscape, she simplifies complex topics such as Bitcoin, altcoins, DeFi, and NFTs into reader-friendly, insightful content. Pratishtha combines in-depth research with a clear and engaging writing approach, making her work valuable for both crypto newcomers and seasoned investors. She consistently monitors price movements, project launches, and regulatory changes to keep her audience well-informed. A firm believer in blockchain’s transformative power, Pratishtha champions its role in driving innovation and expanding global financial access.
Current Crypto News indicates that the market is active and evolving rapidly. Prices are fluctuating, new regulations are on the way, and large corporations are making savvy decisions. All these pieces of are making a great buzz in the world of cryptocurrency. It seems that digital currency is going into an even larger future.
Tensions are rising between India and the U.S., and that could be bad news in the Crypto News world. President Trump criticized India for purchasing inexpensive Russian oil and threatened a 25% tariff. He even spoke of a 100% secondary tariff for those nations supporting Russian commerce.
Cryptocurrency market news may 2025
The recent Pectra upgrade has made Ethereum more scalable and improved staking efficiency, which has boosted investor confidence. With a 41% jump in Total Value Locked (TVL) and a 22% increase in daily transactions, Ethereum’s utility is growing fast. Analysts believe these factors could push ETH to the $3,000 mark, with some predicting it might even hit as high as $12,000 by the end of the year.
In DeFi, Hyperliquid achieved several records, illustrating that on-chain trading terminals can effectively compete with centralized exchanges, a concept that previously seemed unlikely. Overall, while volatility and uncertainty persist, the foundations for long-term growth are present.
Market participants’ outlook on the macro environment has notably improved compared to April. This shift was driven by the U.S. stepping back from its previously aggressive tariff agenda in favor of a more moderate approach, largely due to growing concerns over a potential recession and a weakening stock market. The move reassured investors that the U.S. administration is mindful of the importance of the S&P 500 and is reluctant to allow a significant decline in the index. As a result, the S&P 500 continued its upward trend from April, recovering losses from the first quarter.
The recent Pectra upgrade has made Ethereum more scalable and improved staking efficiency, which has boosted investor confidence. With a 41% jump in Total Value Locked (TVL) and a 22% increase in daily transactions, Ethereum’s utility is growing fast. Analysts believe these factors could push ETH to the $3,000 mark, with some predicting it might even hit as high as $12,000 by the end of the year.
In DeFi, Hyperliquid achieved several records, illustrating that on-chain trading terminals can effectively compete with centralized exchanges, a concept that previously seemed unlikely. Overall, while volatility and uncertainty persist, the foundations for long-term growth are present.
Cryptocurrency news last 24 hours
In a Wednesday decision in the US District Court for the Southern District of New York (SDNY), Storm was found guilty of one felony charge related to his role at Tornado Cash, according to court reports from Inner City Press.
“Someone fell victim to a phishing attack, signed a malicious transfer, and lost 3.05M $USDT,” according to a Wednesday X post from blockchain analytics platform Lookonchain. “Stay alert, stay safe. One wrong click can drain your wallet. Never sign a transaction you don’t fully understand.”
Highlighting the need for more investor due diligence, another victim lost over $900,000 worth of digital assets to a sophisticated phishing attack on Sunday, 458 days after unknowingly signing a malicious approval transaction to a wallet-draining scam, Cointelegraph reported.
After four days of deliberations, jurors in the trial informed the court on early Wednesday that they were deadlocked on certain charges, prompting the judge to issue a special instruction urging them to reach a unanimous verdict.