April 28 Daily Crypto News: Market Insights
The daily crypto news on April 28, 2025, reflects a rapidly shifting cryptocurrency landscape:
- Bitcoin continues to attract corporate interest, with GameStop’s $1.5B bond issuance hinting at a potential BTC investment.
- XRP strengthens its position in regulated markets through ETF approvals, driving institutional adoption.
- DeFi initiatives like Haedal Protocol and WLFI gain momentum with airdrops and strategic alliances.
- Stablecoin advancements, led by Stripe’s cross-border payment trials, highlight blockchain’s global financial potential.
- Macro uncertainties, influenced by US-China financial talks, shape crypto market volatility.
Crypto Market Snapshot: April 28, 2025
The daily crypto news reveals a market with moderate fluctuations, as Bitcoin (BTC) and Ethereum (ETH) saw minor declines. The global crypto market cap stood at approximately $2.95 trillion, down 0.16% from the previous day, signaling cautious investor sentiment. Below are the key market movements:
- Bitcoin (BTC): Trading at around $93,809, BTC dropped 0.88% in 24 hours. After peaking at $94,700, it hit resistance at $95,900, with support near $88,000. Tariff uncertainties and lower trading volumes drove volatility, though ETF inflows provided some stability.
- Ethereum (ETH): ETH fell 1.52% to $1,793.69, unable to breach the $2,000 resistance. Oversold RSI levels suggest a possible recovery if bullish momentum emerges, despite pressures from the Bybit hack and macro factors.
- Altcoins: XRP soared to $3, propelled by ETF approvals and enthusiasm in Brazil’s market. Meme coins like $FAT jumped 55%, fueled by speculative trading.
Market sentiment remained cautious, with Bitcoin’s dominance at 63.3%. Investors are monitoring US-China talks and tariff policies for further market direction. Stay tuned for more daily crypto news updates.
Top Crypto News Stories – April 28, 2025
1. Stripe Tests Stablecoin Payments via Bridge Platform
Stripe is set to pilot USD stablecoin payments for businesses outside the US, UK, and EU through its Bridge platform, acquired for $1.1 billion in 2024. CEO Patrick Collison confirmed the platform’s readiness to facilitate seamless cross-border transactions in underserved markets. This move, reported in today’s daily crypto news, underscores Stripe’s commitment to blockchain-based payments and the growing role of stablecoins in global finance.
2. Proshares XRP ETF Approved for April 30 Launch
The SEC has greenlit Proshares Trust’s XRP ETF, slated for launch on April 30, 2025, a key highlight in the daily crypto news. Following Ripple’s 2023 legal victory clarifying XRP’s non-security status, this ETF is poised to enhance institutional adoption. Despite XRP’s recent dip below $2 due to market volatility, investors anticipate a recovery as regulatory hurdles fade, strengthening Ripple’s ecosystem.
3. WLFI and CZ Discuss Global DeFi Expansion
World Liberty Financial (WLFI), a Trump-backed DeFi project, held talks with Binance’s CZ in Abu Dhabi to explore global expansion and new crypto standards, as noted in today’s daily crypto news. Having raised $590 million, WLFI plans to airdrop its USD1 stablecoin. Despite regulatory concerns tied to its Trump affiliation, collaborations with figures like Justin Sun signal WLFI’s ambition to mainstream DeFi.
4. GameStop Eyes Bitcoin with $1.5B Bond Issuance
GameStop has issued $1.5 billion in bonds and holds $4.7 billion in cash, positioning itself for a potential Bitcoin purchase, a major story in the daily crypto news. The company is deliberating on the scale and timing of its BTC acquisition, following the lead of firms like MicroStrategy. This strategic pivot could impact market sentiment, particularly for meme coins, though specifics are still under wraps.
5. Binance Announces Haedal Protocol Airdrop Details
Binance Alpha will launch trading for Haedal Protocol ($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 revealed on April 29, as reported in the daily crypto news. Backed by Hashed and OKX Ventures, Haedal’s TVL exceeds $200 million, enabling SUI staking for DeFi-compatible haSUI tokens.
6. US-China Talks Signal Potential Financial Agreement
US Treasury Secretary Scott Bessent, speaking to ABC News, suggested a possible financial deal with China following recent Washington discussions, a critical update in the daily crypto news. Amid trade tensions and Trump’s tariff policies impacting crypto markets, this development could stabilize digital asset prices, which have faced declines. Investors are hopeful for reduced volatility as talks progress.
Stay Ahead with Daily Crypto News
Keep up with the daily crypto news to catch every market-moving headline. From corporate Bitcoin pivots to DeFi airdrops and stablecoin innovations, the crypto space is brimming with opportunities. Dive into the details and stay prepared for the next big breakthrough!
