PEPE0.00 4.54%

TON3.41 1.71%

BNB653.43 0.25%

SOL171.33 -0.14%

XRP2.36 -1.70%

DOGE0.23 1.75%

TRX0.26 0.87%

ETH2482.64 1.80%

BTC104357.20 0.96%

SUI3.95 -0.10%

Daily News: CME Plans to Launch XRP Futures on May 19, Binance Will Delist ALPACA, PDA, VIB, WING

On April 25, The crypto market faced a mix of developments today, with CME announcing XRP futures for May 19 and Binance set to delist ALPACA, PDA, VIB, and WING on May 2. Meanwhile, the U.S. SEC delayed Grayscale’s spot Polkadot ETF, the Federal Reserve signaled potential rate cuts, and 12 states filed a lawsuit against Trump’s tariff policy, reflecting a complex interplay of macroeconomic and regulatory factors.

Other updates involve U.S. Economic Data and , Updates on the projects Neiro, Initia, and Sign, per multiple sources.

U.S. Initial Jobless Claims for the Week Ending April 19: 222,000, Expected 222,000

According to Jin10.com, the U.S. initial jobless claims for the week ending April 19 were 222,000, matching expectations of 222,000. The previous value was revised from 215,000 to 216,000.

Federal Reserve Governor Waller: Rate Cuts May Begin as Unemployment Rises

According to Jin10.com, Federal Reserve Governor Waller stated that rate cuts may begin as unemployment rises.

12 States File Lawsuit Against Trump Administration's Tariff Policy

According to Ibtimes, twelve U.S. states, including Arizona, filed a lawsuit on Wednesday challenging the Trump administration's tariff policy. The lawsuit claims the President does not have the authority to impose tariffs without Congressional approval, arguing that the 1977 law cited by Trump does not allow him to use emergency measures to levy tariffs. Arizona Attorney General Kris Mayes called the tariff plan "economically reckless" and "illegal."

Market News: U.S. SEC Delays Approval of Grayscale's Spot Polkadot ETF

According to market news, the U.S. SEC has delayed the approval of Grayscale's spot Polkadot ETF.

TRUMP Dinner TOP10 Whales Mostly in Loss, TOP1 Suspected to Belong to Wintermute

According to analyst @ai_9684xtpa, the TOP10 VIP whales at the TRUMP dinner collectively hold 1.65 million TRUMP, valued at approximately $20.49 million. Currently, these whales have accumulated a floating loss of $1.26 million due to the inability to obtain real costs. The data shows that only two whales used the earliest address for building positions, while the others withdrew from exchanges or built positions on-chain after learning about the dinner. The TOP1 whale is suspected to belong to Wintermute. It is reported that the TOP25 holders will be invited to an exclusive reception before the dinner and dine with Trump.

CME Plans to Launch XRP Futures on May 19

According to Prnewswire, CME announced plans to launch XRP futures on May 19, pending regulatory review.

Binance to Delist ALPACA, PDA, VIB, WING on May 2

According to an official announcement, Binance will delist ALPACA, PDA, VIB, and WING on May 2, 2025.

Neiro: Officially Obtains Exclusive License for Neiro IP

According to Neiro's official news, they have reached a cooperation agreement with Own The Doge (the manager of Doge, Neiro, and Cocoro IPs) to officially obtain an exclusive license for Neiro's intellectual property (IP).

Initia Announces Mainnet Launch and Opens Airdrop Claims

Initia has announced that its mainnet is live and airdrop claims are open. The claim period is valid for 30 days, ending on May 24, 2025, at 18:00 Beijing time.

Sign: Snapshot to be Taken in 24 Hours

Token distribution infrastructure Sign announced in a post at 9 PM tonight that a snapshot will be taken in 24 hours.

Hong Kong Asia Holdings Plans to Raise Approximately HKD 65 Million, May Use Part to Increase Bitcoin Holdings

According to a notice from Hong Kong-listed company Hong Kong Asia Holdings, the company plans to issue new shares worth HKD 13.12 million and convertible bonds with a principal amount of HKD 52.3776 million, totaling approximately HKD 65 million in fundraising. About 90% of the net proceeds will be used to seize potential future investment opportunities, including exploring cryptocurrency investments and Web 3.0 opportunities, as well as potentially acquiring Bitcoin and other digital assets.

Vesalis P. is an editor at Blockflow with a background in Computer Science and research experience in public blockchain infrastructure. He covers daily news, contributes to Blockflow’s podcasts, and actively trades Bitcoin and altcoins.