Cryptocurrency news may 31 2025

In Texas, HB 5352 would establish a State Blockchain Technology Pilot Program by the Department of Information Resources. The pilot aims to see how blockchain technology could improve “transparency, security, and efficiency in government operations zhilei zhang boxrec.”

The middle of the month was marked by consolidation, with Dogecoin fluctuating between $0.15 and $0.18. Although price movement was relatively flat compared to the early and late weeks of April, sentiment began to improve due to increasing institutional curiosity.

By mid-April, Ethereum stabilized within a range of $1,600 to $1,700. The price movement during this period indicated renewed confidence in the asset’s fundamentals, particularly amid increasing attention on Ethereum’s roadmap and potential network upgrades. This range-bound movement lasted for several days as market participants awaited more decisive cues.

Latest cryptocurrency news may 2025

But even with that recovery, the price remains far below its January peak of $109,225, and analysts warn that its decoupling from macroeconomic trends is not yet complete. Arguments for continued upward momentum in the name include technical indicators which are currently bullish (RSI > 70, suggesting potential near term overbought conditions)}

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For 2025, Kaspa’s price is expected to fluctuate between $0.089 and $0.19, with a stretched target of $0.25. Investor sentiment and potential partnerships in Kaspa’s ecosystem, combined with institutional interest, may push price towards its stretched target.

These early data points help set the tone for market risk sentiment. Investors are now awaiting the Bank of Japan’s (BoJ) rate decision later today and Strategy’s (former MicroStrategy) earnings report.

Regulatory clarity and market acceptance will be crucial for XRP to reach the higher end of this spectrum. The expected positive resolution of the battle between Ripple and the SEC is clearly positively impact its trajectory.

cryptocurrency+news

Cryptocurrency+news

Bitcoin (BTC) is currently trading at $113,455.4. Its market capitalization stands at $2,268,956,137,430.55. The circulating supply is 19,900,490 BTC, with a total supply of 19,900,490 BTC and a maximum supply capped at 21,000,000 BTC.

Avalanche (AVAX) is currently trading at $21.74, experiencing a 24-hour price decrease of 5.85%. Its market capitalization stands at $9,148,382,871.32, ranking it among the top cryptocurrencies. The 24-hour trading volume for AVAX is $771,415,978.87, reflecting a 32.07% increase. The circulating supply is 422,275,285.49 AVAX, while the total supply is 457,277,985.49 AVAX. The maximum supply is capped at 715,748,719 AVAX.

Cardano (ADA), currently ranked #13 in popularity on Mudrex, is trading at $0.7. Its market capitalization stands at $25.7 billion, with a circulating supply of approximately 35.4 billion ADA. The total supply is about 45 billion, close to the max supply of 45 billion ADA.

Cardano (ADA) is currently ranked #13 in popularity on Mudrex. The cryptocurrency is trading at $0.73, experiencing a 24-hour price decrease of 4.75%. Despite the price dip, the 24-hour trading volume has increased by 25.3% to $1,383,083,833.59.

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Solana (SOL) is currently trading at $168.53, experiencing a 24-hour price decrease of 3.94%. Despite the price dip, trading volume remains high with $7,667,065,708.82 traded in the last 24 hours, a 35.35% increase from the previous day. Solana’s market capitalization stands at $91,117,624,553.04, with a circulating supply of 538,166,457.79 SOL.