Weekly Crypto Market Wrap April 21-27, 2025
Crypto spring is in full bloom! Bitcoin closed the weekly candle above $93K and continues pushing upward. Altcoins are following suit, with some rockets launching sky-high. A curious case emerged around the ALPACA token: Binance announced its delisting, yet instead of crashing, the price surged 10x! In the past, tokens pumped on listing news — now it seems delistings can trigger pumps too. Crypto never ceases to amaze. Meanwhile, BTC is now testing critical resistance around $96K. A breakout could ignite the next big rally. Stay tuned!
Now, onto the major stories of the week:
New Hampshire Senate Approves Bitcoin Reserve Bill. The New Hampshire Senate passed a bill allowing state finances to be partially held in Bitcoin. It seems decentralization is now reaching even government treasuries!
CME Group to Launch XRP Futures on May 19. CME announced it will introduce XRP and Micro XRP Futures, giving traders new tools and boosting liquidity. Institutions are not staying on the sidelines.
Strategy Buys 6,556 More BTC for $555M. Michael Saylor’s Strategy is at it again — snapping up another 6,556 BTC worth $555 million. Their total now stands at 538,200 BTC. A bold long-term bet on Bitcoin’s growth!
Charles Hoskinson Says Ethereum Might Not Survive Another Decade. Cardano’s CEO, Charles Hoskinson, reignited the ETH vs ADA debate, suggesting Ethereum might not survive the next 10–15 years due to technical and governance issues. The crypto drama stays alive!
SOL Strategies Secures $500M for Solana Investments. SOL Strategies announced a $500 million bond offering to scoop up even more Solana. Big players are doubling down on SOL’s future!
China Eases Tariff Pressure on U.S. Goods. While Beijing says no formal negotiations yet, China is considering exempting some American goods from the brutal 125% tariffs. A small sign of de-escalation?
Source: https://x.com/DeItaone/status/1915743401510662605
Trump Clarifies: No Plans to Fire Jerome Powell. Donald Trump softened his rhetoric, stating he has no intention of firing Fed Chair Jerome Powell, but he does want lower interest rates. Subtle but important — and markets noticed.
OPEC+ May Accelerate Oil Production Increase. OPEC+ is reportedly considering an accelerated increase in oil output starting in June. This could impact energy prices and, in turn, inflation.
Paul Atkins Officially Becomes SEC Chairman. Paul Atkins is now officially the new Chairman of the SEC, the U.S.'s top financial markets regulator. The crypto industry is watching closely for signs of friendlier regulation.
Fed Withdraws Restrictive Crypto Guidance for Banks. In a major move, the Federal Reserve rescinded old guidance that restricted banks from dealing freely with stablecoins and cryptocurrencies. Banks now have a green light to engage more with crypto.
12 U.S. States Sue Trump Administration Over Tariffs. Twelve states filed a lawsuit against the Trump administration, challenging the legality of the new tariffs. Yet another front opens in the ongoing economic and trade battles.
Pavel Durov Confirms: Telegram Has Never Leaked User Data. Telegram founder Pavel Durov reiterated that in 12 years, Telegram has never leaked a single byte of user data. The commitment to privacy remains strong — and TON, along with the broader ecosystem, responded with price gains.
ZKsync Team Recovers $5M from Hacker. In a rare win for crypto security, the ZKsync team caught a hacker and successfully recovered the stolen $5 million. Justice served!
Upcoming major token unlocks:
SUI: $276.74M (2.3%)
SIGN: $92.43M
OMNI: $41.55M (83.8%)
OP: $24.84M (1.9%)
KMNO: $14.78M (17.1%)
ENA: $14.45M (0.7%)
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.
