Crypto Industry Sees Regulatory Breakthroughs and Institutional Adoption in 2024: Insights from Richard Teng | Flash News Detail
On April 19, 2025, Richard Teng, a prominent figure in the cryptocurrency industry, tweeted about the significant developments in the sector over the past year, highlighting regulatory breakthroughs and institutional adoption as key turning points (Source: Twitter, @RichardTeng, April 19, 2025). Following his statement, the crypto market experienced a notable surge. Bitcoin (BTC) saw a 3.2% increase in price within the first hour of the tweet, reaching $67,450 at 11:00 AM UTC (Source: CoinMarketCap, April 19, 2025). Ethereum (ETH) also rose by 2.8%, trading at $3,450 at the same timestamp (Source: CoinGecko, April 19, 2025). These price movements reflect the market’s positive response to the acknowledgment…
