April 28 Crypto News Highlights
The daily crypto news for April 28, 2025, captures the dynamic shifts in the cryptocurrency market:
- Bitcoin draws corporate attention, with GameStop’s $1.5B bond issuance hinting at a BTC investment.
- XRP gains momentum with ETF approvals, solidifying its role in regulated markets.
- DeFi projects like Haedal Protocol and WLFI drive adoption through airdrops and partnerships.
- Stablecoin advancements, led by Stripe’s payment trials, highlight blockchain’s global financial impact.
- Macro factors, including US-China financial talks, influence crypto price volatility.
Crypto Market Update: April 28, 2025
According to the daily crypto news, the market showed moderate volatility, with Bitcoin (BTC) and Ethereum (ETH) posting slight declines. The global crypto market cap stood at $2.95 trillion, down 0.16% from the prior day, reflecting cautious investor sentiment. Here’s a breakdown of key market trends:
- Bitcoin (BTC): BTC traded at roughly $93,809, down 0.88% over 24 hours. After hitting $94,700, it faced resistance at $95,900, with support around $88,000. Tariff uncertainties and lower trading volumes fueled volatility, though ETF inflows offered some support.
- Ethereum (ETH): ETH dropped 1.52% to $1,793.69, struggling to break the $2,000 resistance. Oversold RSI levels suggest a potential rebound if bullish sentiment returns, despite pressures from macro factors and the recent Bybit hack.
- Altcoins: XRP climbed to $3, driven by ETF approvals and strong interest in Brazil. Meme coins like $FAT surged 55%, fueled by speculative trading.
Market sentiment remained cautious, with Bitcoin holding 63.3% dominance. Investors are closely watching US-China talks and tariff policies for market direction. Keep up with the daily crypto news for the latest insights.
Top Crypto News Stories – April 28, 2025
1. Binance Reveals Haedal Protocol Airdrop Plans
Binance Alpha will initiate trading for Haedal Protocol ($HAEDAL), a liquid staking platform on the Sui blockchain, starting April 29, 2025. The second Alpha Point airdrop will distribute $HAEDAL tokens, with eligibility details announced on April 29, as highlighted in today’s daily crypto news. Supported by Hashed and OKX Ventures, Haedal’s TVL surpasses $200 million, enabling SUI staking for DeFi-compatible haSUI tokens.
2. US-China Financial Talks Hint at Stability
US Treasury Secretary Scott Bessent, in an ABC News interview, suggested a potential financial agreement with China following recent Washington discussions, a key story in the daily crypto news. With Trump’s tariff policies and trade tensions impacting crypto prices, this development could reduce volatility for Bitcoin and altcoins, offering hope for market stabilization.
3. GameStop Prepares for Bitcoin with $1.5B Bond
GameStop has issued $1.5 billion in bonds and holds $4.7 billion in cash, positioning itself for a potential Bitcoin purchase, a major highlight in the daily crypto news. The company is weighing whether to buy BTC gradually or in a single transaction, following the strategy of firms like MicroStrategy. This move could boost market sentiment, especially for meme coins, though details are still forthcoming.
4. Stripe Launches Stablecoin Payment Trials
Stripe will test USD stablecoin payments for businesses outside the US, UK, and EU via its Bridge platform, acquired for $1.1 billion in 2024. CEO Patrick Collison confirmed the platform’s readiness for seamless cross-border transactions, as reported in the daily crypto news. This initiative emphasizes Stripe’s blockchain focus and stablecoins’ growing role in global commerce.
5. SEC Approves Proshares XRP ETF for April 30
The SEC has approved Proshares Trust’s XRP ETF, set to launch on April 30, 2025, a significant update in the daily crypto news. Building on Ripple’s 2023 legal clarity as a non-security, the ETF is expected to drive institutional adoption. Despite XRP’s recent dip below $2, investors remain optimistic about its recovery as regulatory barriers ease.
6. WLFI and CZ Explore DeFi Global Growth
World Liberty Financial (WLFI), a Trump-supported DeFi project, met with Binance’s CZ in Abu Dhabi to discuss global expansion and crypto standards, as noted in the daily crypto news. With $590 million raised, WLFI plans to airdrop its USD1 stablecoin. Despite regulatory challenges tied to its Trump connection, partnerships with figures like Justin Sun underscore its DeFi ambitions.
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Don’t miss a beat with the daily crypto news, delivering critical updates on Bitcoin investments, DeFi airdrops, and stablecoin innovations. From corporate strategies to global financial talks, every headline could signal the next market opportunity. Stay ahead and seize the moment!
