What happened in the crypto market while everyone was asleep — review from April 25

The most crypto-friendly city has been found, a monument to the creator of Bitcoin will be erected in Italy, and the SEC has postponed decisions on several applications for the launch of cryptocurrency ETFs — these and other cryptocurrency news for the morning of April 25 are in our review.

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Behavior of cryptocurrencies — market capitalization leaders

Bitcoin BTCUSD, according to TradingView, started Friday with a surge followed by a correction. As of 06:46 (MSK), the cryptocurrency is trading at $93,280 ( per token in rubles — RUB 7,768,281). The minimum Bitcoin price in the last 24 hours was $91,696, and the maximum was $94,430.

The second largest cryptocurrency by market capitalization, Ethereum, also started the day with an increase followed by a correction. As of the time of writing this review, the coin is trading at $1,758(1 per token in rubles — RUB 146,516).

! Ethereum ChartIn the top 10 most capitalized cryptocurrencies, Cardano has the best result per day (+4.09%), for the week - Dogecoin (+16.40%). The largest losses in 24 hours were recorded at Ethereum (-1.08%), for seven days - at TRON (-0.93%).

In the top 100 most capitalized cryptocurrencies, the best result over the past day was recorded for Helium (+20.01%), and for the week — for OFFICIAL TRUMP (+59.21%). Over the last 24 hours, DeXe (lost the most in price — -2.45%). The largest losses over the week were recorded for AB (-15.68%).

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Main cryptocurrency news for the morning of April 25

A monument to Satoshi Nakamoto, the creator of Bitcoin, will be unveiled in the Italian town of Fornelli. Local authorities announced that the monument, designed by artist Mattia Pannoni, will be opened on May 1st. The project was funded from the city budget.

The monument will be erected in Umberto I Square. The artist will depict Satoshi as a faceless figure, reflecting the anonymity of his identity. It is known that the town of Fornelli, located in the Molise region, has a high density of cryptocurrency adoption among its residents.

The capital of Slovenia, Ljubljana, has been recognized as the most crypto-friendly city in the world. According to consulting firm Multipolitan, the city has surpassed crypto hubs such as Hong Kong and Zurich.

Ljubljana took the top spot due to its regulatory environment, tax conditions, and the development of digital infrastructure, which includes the presence of crypto ATMs and a high level of cryptocurrency acceptance in retail.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on applications for the creation of cryptocurrency ETFs based on Polkadot and Hedera tokens until June 11. The SEC also postponed its decision on the Bitwise ETF for Bitcoin and Ethereum until June 10. This information appeared on the regulator's resources.

The SEC is considering multiple proposals for launching cryptocurrency funds. Recently, the agency has shown greater flexibility regarding the cryptocurrency industry, which is reflected in open discussions and the dismissal of several lawsuits against crypto companies.

Recall that earlier BeInCrypto reported that Justin Sun addressed Russians in Russian.