Fidelity Digital Assets’ Q2 outlook highlights contrasting trends for Bitcoin (BTC) and Ethereum (ETH). Despite Bitcoin’s recent decline from its all-time high, Fidelity anticipates a period of stability. Conversely, the report suggests potential growth opportunities for Ethereum. The analysis is based on market performance in the first quarter, offering insights into the future of these leading cryptocurrencies.
Custodia Bank CEO Caitlin Long alleges the US Federal Reserve is enacting policies that favor big banks in the stablecoin market, despite claims of easing crypto regulations. She criticized the Fed for rescinding some restrictive crypto policies while maintaining a rule from January 2023 that restricts banks from directly interacting with digital assets. This, according to Long, creates an uneven playing field that benefits established financial institutions over newer crypto-focused entities.
The Ethereum Foundation (EF) has announced a leadership restructuring aimed at improving strategic execution and internal operations. This new model clarifies the roles of its co-executive directors and separates the functions of the management team from the board of directors. The changes are intended to better support the development of Ethereum (ETH).
Mastercard is expanding its payment capabilities by integrating stablecoins into its network. Partnering with crypto and fintech companies like OKX and Nuvei, the company will allow consumers to spend stablecoins and merchants to receive them. This initiative aims to bridge the gap between traditional payment systems and digital currencies, creating a comprehensive framework for wallet enablement and card functionalities.
Solstice Labs is set to launch USX, a Solana-native stablecoin, on April 28, 2025. Built for transparent yield, the stablecoin aims to offer users a new option within the Solana ecosystem. The announcement was made via Chainwire.
An Ethereum Foundation researcher, Dankrad Feist, has proposed a dramatic increase to the network’s gas limit. EIP 9698 suggests a 100x increase over four years using automated client-side adjustments. This proposal aims to substantially boost transaction capacity and improve overall network performance within the Ethereum ecosystem.
The article, authored by Bitget’s COO Vugar Usi Zade, argues that the United States is at a crucial juncture regarding stablecoins. It suggests that a shift towards clearer regulatory guidelines could reshape the global crypto market. The author emphasizes the importance of the US seizing this opportunity, implying that failure to act could have negative consequences for the country’s role in the evolving digital asset landscape.
The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust, scheduled for April 30th. This approval allows investors to gain exposure to XRP futures contracts through these ETFs. The article mentions a proposal made by ProShares before a pivotal political event.
This article, written by Shane Neagle of The Tokenist, examines the fundamentals of Ethereum (ETH). It notes Ethereum’s enduring position as the second-largest cryptocurrency, despite the decline after the 2017 ICO boom. The analysis likely explores Ethereum’s technological advancements, developer activity, and its potential for future growth, suggesting an evaluation of the cryptocurrency’s current standing and its long-term prospects. The article provides an assessment of if the fundamentals are there, considering its historical performance.
Justin Sun, founder of TRON, expressed strong optimism for JST, the governance token of the Just ecosystem. He stated JST has seen a “complete fundamental reversal” and could become a high-performing asset. This announcement comes as the TRON decentralized finance (DeFi) ecosystem continues to grow.