Latest cryptocurrency news april 29 2026
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Additionally, Microsoft Build (May 19–22) and Google I/O (May 20–21) may highlight Web3 integrations and AI-crypto intersections. On May 28, NVIDIA’s earnings could signal broader market momentum for GPU-based blockchain infrastructure.
Broader market trends may heavily influence the price performance of NEAR. First and foremost, institutional adoption will be pivotal in driving demand for NEAR. This interest from institutions is a pre-requisite for NEAR to move to our higher target, but also potentially exceed it and move well beyond $7 in 2025.
The memecoin story is one of rotation: the older names (DOGE, SHIB, PEPE) led the April run and are now consolidating, while speculative newcomers attract adrenaline-seekers. The space remains very volatile – a sudden social media post can flip narratives overnight. Investors are advised to treat meme coins as high-risk: many analysts urge caution despite some short-term rallies, noting that broader crypto fundamentals aren’t driving their prices.
Cryptocurrency news april 29 2025
In the short term, the Fed’s slowing of balance sheet reduction coupled with rate cut expectations may drive Bitcoin to maintain an upward trend with fluctuations in April, but caution is needed regarding risks of correction triggered by inflation data exceeding expectations or geopolitical conflicts. In the medium to long term, if the US economy achieves a soft landing (avoiding recession) and inflation is controllable, cryptocurrencies may benefit from improved liquidity; if stagflation risks intensify, market volatility will significantly increase.
Notably, it was announced that a prominent European asset manager was preparing to launch a Dogecoin exchange-traded product (ETP). This news, while initially under the radar, started gaining traction within the investor community as it represented a formal step toward institutional accessibility. The growing credibility of meme coins like Dogecoin among traditional finance circles marked a shift in narrative—from satire to strategy.
The Relative Strength Index (RSI) hovered in the 55–60 range for most of the month, suggesting moderate bullish momentum without signaling overbought conditions. Trading volume spiked notably in the final week, aligning with the ETF-related news.
Dogecoin began April on a relatively stable note, holding above $0.16 in the first few days. However, by April 7, it faced a sharp decline, falling to a monthly low of $0.1309. This dip was primarily driven by a broader market sell-off, which saw traders exiting positions after the rally in March. The sentiment was further strained by concerns about rising interest rates in global economies and profit-booking behavior among retail investors.
Mid-April witnessed ADA stabilizing within the $0.60 to $0.70 range. This period of consolidation was underpinned by significant whale accumulation, with large holders acquiring over 410 million ADA tokens during the month. This strategic accumulation signaled growing institutional confidence in Cardano’s long-term potential.
Ada cryptocurrency news
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano is a proof-of-stake (PoS) currency, which means that blocks on the Cardano blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by «staking» existing coins on the network or by running a master node.
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Cardano.
Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano is a proof-of-stake (PoS) currency, which means that blocks on the Cardano blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by «staking» existing coins on the network or by running a master node.
Latest cryptocurrency news
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