Citigroup has projected a dramatic rise in the stablecoin market, forecasting that its total market capitalization could soar from nearly $240 billion today to over $2 trillion by 2030. The prediction, outlined in a report released on Thursday , says the growth in adoption would be driven by regulatory developments and increased interest from both financial institutions and the public sector. According to the banking giant, stablecoin supply could reach $1.6 trillion by the end of the decade under its base-case scenario, while a more optimistic outlook places the figure at $3.7 trillion. Citigroup Warns Stablecoin Market Could Stall at $500B Without Regulatory Progress However, Citigroup also cautioned that if regulatory hurdles and integration challenges persist, the market could be limited to just $500 billion. The report comes amid a shifting regulatory landscape in the United States, where President Trump’s pro-crypto administration has renewed momentum for stablecoin legislation. Congress is currently reviewing proposals in both chambers that could pave the way for traditional financial giants, such as Bank of America, to issue U.S. dollar-backed stablecoins. Citigroup noted that clear regulations could significantly boost demand for U.S. Treasuries, positioning stablecoin issuers among the largest holders of government debt by 2030. Citibank report on Digital Dollars (aka dollar stabelcoins). Tons of TLDRs, including page 7 (included here), but Citi now sees $1.6T to $3.5T in dollar stablecoin money supply by 2030. 2025 is the transformative year. https://t.co/0AwH4eciLs pic.twitter.com/0HRyIVK0Pc — Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) April 24, 2025 Tether, the leading stablecoin issuer, already holds tens of billions in Treasuries, according to its latest reserves report. While Citigroup acknowledged the transformative potential of stablecoins, it also warned they could disrupt traditional banking through “deposit substitution.” Some banks are reportedly lobbying for stricter regulations to limit which entities can issue stablecoins, aiming to protect their role in the financial system as stablecoin adoption accelerates. Active Stablecoin Wallets Surge Over 50% in One Year As reported, the number of active stablecoin wallets has surged by over 50% in the past year , reflecting growing adoption and engagement within the digital asset ecosystem. More specifically, active stablecoin addresses increased from 19.6 million in February 2024 to 30 million in February 2025, marking a 53% year-on-year growth. Growing institutional adoption, expanding use in payments, and rising integration in decentralized finance (DeFi) has played a key role in the increase in active stablecoin wallets. These factors have made stablecoins a fundamental component of the digital economy, offering liquidity, stability, and accessibility to users worldwide. Beyond active addresses, the total stablecoin supply has also surged. In February 2024, the total supply stood at $138 billion, but by February 2025, it had climbed to $225 billion, reflecting a 63% year-on-year increase. Recently, Federal Reserve Governor Christopher Waller has weighed in on stablecoins , arguing that U.S. dollar-pegged digital assets could strengthen the dollar’s global dominance. Waller claimed that stablecoins already play an important role in the financial ecosystem. The post Citigroup Predicts Stablecoin Market to Surge 10x to $2 Trillion by 2030 appeared first on Cryptonews .
TL;DR The crypto market showed impressive signs of resurgence in the past week, but investors might have used these opportunities to dispose of some BTC and ETH holdings. Bitcoin miners started selling, and the same can be said about Ethereum whales and other investors. #Bitcoin $BTC miners locked in over $18.57 million in profits as prices surged past $93,000! pic.twitter.com/ZgXosyJ5WU — Ali (@ali_charts) April 24, 2025 Miners, the backbone of the largest proof-of-work blockchain network, are generally bullish. They tend to hold to their BTC during market rallies. However, they sometimes lock in profits during market uncertainty, especially if they have to cover some costs. Following the massive turbulence experienced in the past several weeks due to Trump’s Trade War, when BTC’s price tumbled to a multi-month low of under $75,000, miners decided to secure some profits after the cryptocurrency added nearly $20,000 since April 9. More specifically, they locked in around $18.6 million in profits as bitcoin jumped above $93,000 earlier this week, said Ali Martinez. The landscape around Ethereum is more dire. As previously reported , many long-term ETH investors, such as Galaxy Digital, had decided to dispose of large portions of their ether holdings. More recent data shared by the same analyst indicates that 305,000 ETH (valued at roughly $540 million at today’s prices) was moved to exchanges within just a week, which is typically a sign for future sales. Additionally, Martinez said Ethereum whales started selling again after the recent trend reversal , offloading more than 63,000 ETH within just two days. In USD terms, this stash equals $110 million. Whales capitalized on the recent price surge, unloading over 63,000 #Ethereum $ETH in the past 48 hours! pic.twitter.com/Y4vf1SzDep — Ali (@ali_charts) April 24, 2025 ETH’s price tumbled at the start of the month to $1,400, thus erasing roughly seven years of gains. It jumped past $1,800 earlier this week, which has allowed these investors to capitalize on the recent price surge. The post Profit-Taking Surge: Bitcoin Miners and Ethereum Whales Cash Out Amid Price Rallies appeared first on CryptoPotato .
On April 25th, COINOTAG reported on a controversial dialogue between former President Trump and Federal Reserve Chairman Jerome Powell. Notably dubbed the “Fed Whisperer,” Wall Street Journal journalist Nick Timiraos
On April 25, COINOTAG reported that **Ethereum** core developers are deliberating a substantial **increase** in the Gas limit to **150 million** during the upcoming **Fusaka hard fork**. This proposed enhancement,
As the Ethereum ecosystem continues to evolve, selecting the right wallet to manage your Ether (ETH) and interact with decentralized applications (dApps), including mining pools, is crucial. Whether you’re actively mining, staking, trading, or simply holding Ether, the security, features, and user-friendliness of your wallet are paramount. This updated guide for 2025 highlights some of … Continue reading "The Best Ethereum Wallets for Mining and Beyond in 2025" The post The Best Ethereum Wallets for Mining and Beyond in 2025 appeared first on Cryptoknowmics-Crypto News and Media Platform .
The post Pi Network News Today: New DApps, New Momentum: Pi Network Gears Up Ahead of Consensus 2025 appeared first on Coinpedia Fintech News With Consensus 2025 just weeks away, new Pi Core Team (PCT) updates are drawing attention from the Pi Network community. The team has officially approved a new decentralized app (DApp) called Fruity Pi, and according to community member DR Altcoin , DApps and long-awaited KYB approvals might speed up. What is Fruity Pi? Fruity Pi is a puzzle game where players match fruits and earn rewards. Users can also link their Pi wallets and spend Pi tokens in the game. The Pi Core Team has given it a purple check mark, which means the app has been reviewed and approved. This approval is a big step, as only verified apps are allowed to fully launch and grow within the Pi ecosystem. DR Altcoin believes this move could speed up other pending approvals and finally kickstart delayed KYB (Know Your Business) checks—an important requirement for businesses to launch services on Pi. Major Pi Network Announcement During Consensus 2-25 Event? These updates are happening just before the major Consensus 2025 summit in Toronto. This is one of the biggest events in the crypto space, and many expect the Pi Core Team to be present. With a new DApp approved and a possible wave of more approvals coming, Pi Network might be preparing to show its progress on a global stage. Pi Coin Exchange listing Fading Despite recent progress in the Pi ecosystem, Pi Coin is still facing problems getting listed on major exchanges. HTX was the first to list Pi after its mainnet launch in February 2025, but later removed it. Now, crypto payment service Banxa has also stopped supporting Pi Coin. Even BitMart, which once supported Pi, has paused trading for more than a month, waiting for KYB approvals before moving forward with the 1:1 Pi swap. Meanwhile, top exchanges like Binance and Coinbase have not shown any signs of supporting Pi Coin. Pi coin Price Analysis Pi Coin is facing increasing bearish sentiment, despite the overall crypto market doing well. Pi Coin price today is trading at $0.65 . It has stayed in a tight range between $0.60 and $0.68 over the past two weeks. While there’s been a small price increase in the last 24 hours, the RSI (Relative Strength Index) has dropped below 50, suggesting there’s still pressure on the price.
MagicBlock has secured $7.5 million in a seed funding round to support the development of real-time, fully on-chain applications on Solana. The company’s Apr. 25 fundraising announcement named Lightspeed Faction as the lead investor, with participation from Delphi Digital, Robot Ventures, Maven11, Mechanism Capital, and Solana co-founder Anatoly Yakovenko. The round brings MagicBlock’s total funding to $10.5 million, following a $3 million pre-seed round led by a16z CSX in late 2024. The company said the new capital will be used to grow its engineering team and expand infrastructure for developers. MagicBlock is developing a technology called Ephemeral Rollups, which gives apps fast speeds and flexibility without leaving Solana ( SOL ). These rollups allow apps to process actions quickly while still staying connected to Solana’s core features, such as its liquidity and tools. This means developers don’t need to use layer-2 chains or bridges, which often split up user data and make apps harder to use together. “Every developer wants to build on the fastest chain with the deepest liquidity – that’s Solana. But they also want the customizability and real-time performance of a Web2 server. With MagicBlock, they don’t have to choose.” — Andrea Fortugno, MagicBlock co-founder You might also like: Crypto wagers generated over $81b in gaming revenue in 2024 alone despite legal barriers: report The startup is already working with projects like Flash Trade, Supersize, dTelecom, and Jito ( JTO ) to enable real-time trading, gaming, and communication directly on Solana. Instead of splitting states across chains, MagicBlock’s approach allows apps to remain composable while deploying app-specific plugins such as pricing streams and custom sequencing. The raise comes during a slow period for blockchain gaming. According to DappRadar’s Q1 2025 report , web3 gaming raised $91 million, a 71% decrease from Q4 2024. Projects building gaming infrastructure received the majority of the funding. The number of deals increased by 35% despite the decline in overall funding, indicating that investors are still supporting base-layer technologies even as they exercise more caution. MagicBlock’s raise shows there is still a strong appetite for infrastructure that can deliver scalable, on-chain gaming experiences without trade-offs. Read more: ZKcandy announces new Web3 gaming-focused mainnet launch
The U.S. Federal Reserve has pulled back on rules that previously made it harder for banks to work with cryptocurrencies and stablecoins. In a press release published by the agency on Apr. 24, the Federal Reserve said it will no longer require state member banks to give advance notice before launching or participating in crypto-related activities. Instead, these activities will now be reviewed under the usual bank supervision process. This move marks a shift from the Fed’s earlier stance, which called for extra caution due to potential risks tied to digital assets. The Fed also canceled its 2023 guidance that limited how banks could engage with stablecoins , or “dollar tokens.” In addition, the Fed, alongside the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, withdrew from two joint statements made the same year. You might also like: Federal Reserve watching bond market as investors look beyond U.S., Kashkari says Those earlier warnings had emphasized the risk of fraud, misinformation, and volatile money flows related to cryptocurrency companies. One of the withdrawn statements warned that deposits from cryptocurrency firms may be unpredictable and lead to abrupt outflows, while another voiced concerns about the industry’s lack of consumer protections, legal clarity, and transparency. By stepping back from these positions, the Fed appears to be opening the door to more bank participation in crypto while still keeping an eye on potential risks through regular oversight. The agency said that it will continue to monitor risks, but the decision is expected to lower compliance burdens and open new doors for bank involvement in the digital asset sector. This policy change follows a wider shift in Washington. In January, the Securities and Exchange Commission rolled back a rule that had forced banks holding crypto to list it as a liability, easing pressure on institutions. The Fed’s latest move comes as the Trump administration continues to position itself as pro-crypto. President Trump has publicly vowed to make the U.S. the “crypto capital of the planet,” signaling that more regulatory changes could be on the way. Read more: SEC meets with Ondo Finance to discuss tokenizing US securities
China is preparing to roll back its 125% tariffs on certain US imports, including medical equipment, ethane, and aircraft leasing, according to a report from Bloomberg, which cited anonymous sources. The decision is being discussed inside Beijing as both economic pressure and trade friction intensify. Officials involved are also allegedly reviewing a full waiver for tariffs on plane leases, as part of a wider conversation around easing restrictions. This development followed comments made on Thursday by President Donald Trump, who confirmed that members of his administration had been holding meetings with Chinese officials regarding trade. Trump made the statement during a joint press event with Norwegian Prime Minister Jonas Gahr Støre. When asked which officials were involved in the discussions, Trump replied: “It doesn’t matter who ‘they’ is. We may reveal it later, but they had meetings this morning, and we’ve been meeting with China.” PBOC ramps up liquidity with biggest cash injection since 2023 While Trump’s White House pushed trade talks forward, the People’s Bank of China responded to mounting economic stress by injecting 600 billion yuan—about $82.3 billion—into the financial system on Friday using its one-year medium-term lending facility. The move came as a direct counter to the impact of rising US tariffs , which is as high as 145%. After factoring out expiring loans, this means a net increase of 500 billion yuan for April, the highest monthly liquidity boost since December 2023. In a written statement, the central bank said the operation is meant to maintain “ample liquidity” in the system. Wang Qing, chief macro analyst at Golden Credit Rating, said the decision indicates a monetary policy that aims to stay supportive under growing trade pressure. “This is also to ensure liquidity conditions remain ample when the government’s fundraising via special government debt issuances gathers pace,” Wang said. The PBOC had already been facing growing calls for policy loosening. Investors have been demanding stronger support measures as China’s economy faces both external trade hurdles and internal funding needs. The fresh liquidity could help banks handle surging demand for cash during early May holidays and back the launch of special bonds that started this week. Last month, the central bank adjusted how the MLF rate is set. It now allows banks to submit bids at different price points instead of relying on one fixed rate. At the same time, the PBOC has stopped announcing the cost of these one-year loans altogether. These changes are part of a shift toward managing the economy through shorter-term interest rates while maintaining what officials call a “moderately loose” stance. The return of a large-scale MLF injection was unexpected. In recent months, the PBOC had been trying to reduce reliance on the tool, often replacing it with three- to six-month reverse repurchase agreements. But this April, 1.7 trillion yuan worth of reverse repos are set to mature, the largest monthly total since the tool was introduced in October. An update on how the PBOC plans to handle this month’s reverse repo operations is expected at the end of April. Ming Ming, chief economist at Citic Securities, said the MLF move may help reduce pressure from the repo maturities and delay any need for cuts to banks’ reserve requirement ratio. “While the policy significance of MLF has decreased,” Ming said, “it remains a useful tool for the PBOC to inject longer-term liquidity.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Tether, the issuer behind the world’s largest stablecoin USDT, has increased its stake in Juventus Football Club, one of Europe’s most established football institutions, bringing its total stake to over 10%. Tether Signals Deeper Strategic Involvement as It Increases Stake in Juventus to Above 10% Investment arm Tether controls 6.18% of the club's voting rights, cementing its position as a major shareholder in the Italian Serie A giant. Tether first joined Juventus’ shareholders in February when it bought an 8.2% stake, and now it has further expanded its involvement with this latest move earlier this month. “We believe Juventus is uniquely positioned to lead in embracing technology that can enhance fan engagement, digital experiences and financial flexibility both on and off the pitch,” said Tether CEO Paolo Ardoino, emphasizing that the deal is about more than just returns. Tether's growing stake signals a broader ambition to become more involved in Juventus' management and long-term financial strategy. The company also expressed openness to participating in future capital infusions to help strengthen the club's balance sheet and prevent shareholder dilution. Founded in 1897, Juventus has 36 league titles and is considered one of the most successful football clubs in Europe. The investment in Juventus is part of Tether’s expanding portfolio, which includes ventures into artificial intelligence, bitcoin mining and agriculture. The company recently reported $13 billion in profits for 2024, providing significant firepower for further strategic investments. Shares of Juventus (JUVE) rose 2.7% to €3.20 ($3.65) following the news, reflecting growing market confidence in the club's improving financial backing. *This is not investment advice. Continue Reading: Tether, the World's Largest Stablecoin Issuer, Increases Its Stake in Juventus Club! Here Are the Details