Weekly Crypto Calendar: Bitcoin Attack, ETF Hope, and New Projects

📌 Weekly Crypto Bulletin: Trump's Speeches Softened, Crypto Revives

🚀 General Market Developments:

• With Trump's statements, the flow of capital into crypto assets accelerated.
• Bitcoin It rose 11.1%, increasing its market value.
• The total market capitalization of crypto assets is approximately $290 billion increased.
• There has been a net inflow of capital into spot Bitcoin ETFs for 6 days in a row.

📈 SEC and Crypto ETF Developments:

• Paul AtkinsHe officially began his tenure as SEC chairman.
• Atkins announced that they will collaborate with market participants to support crypto innovation.
• Bloomberg ETF Analyst Eric Balchunas, stated that he is optimistic about crypto ETF approvals.
• presently 72 crypto ETF applications The SEC is awaiting approval.
• 2025 could be a “crazy year” in terms of ETF approvals.

💎 Featured Crypto Developments:

• XRPstands out as the closest candidate to receive spot ETF approval.
• High demand on US-based exchanges increases the liquidity of XRP.

📰 Weekly News Summary:

• Trump's statements that he will not impeach Fed President Powell and that he will lower Chinese tariffs have increased interest in crypto.
• Spot Bitcoin (BTC) ETFs in a total of 6 days Over 3.1 billion dollars It was an entrance.
• Bitcoin price in the process %12.6 ascended.
• Spot Ethereum (ETH) ETFs on April 24-25 $167 million It was an entrance.
• Amount of Bitcoin on centralized exchanges Lowest level since November 2018 landed.
• Fidelity noted that public companies have increased interest in Bitcoin.
• Twenty One Capitalannounced that it plans an IPO with a reserve of 42.000 Bitcoins.

🔥 Weekly Performance and Rising Projects:

• Pudgy Penguins (PENGU): Provided a return of 87.7% in the last 7 days.
• PENGU is one of the rare memecoins to have an ETF application to the SEC.
• He partnered with SOL Strategies to add a validator node to the Solana network.
• Sui (SUI) the blockchain has risen 65.4% in the last 7 days.
• Grayscale's SUI fund introduction and Mastercard integration announcement attracted interest.
• Stablecoin assets on SUI increased from $373 million to $876 million.

⚡ Other Noteworthy Developments:

• MANTRA (ABOUT)started the token burn process after dropping 83.9% on April 13th.
• After claims of insider selling, the CEO suggested the team burn the tokens.

📜 Descriptions and Footnotes:

• Only spot ETF applications were considered in the table; leveraged, staking, or index-based ETF applications were not included.
• Token Burning: It is the process of removing crypto assets from circulation by sending them to a wallet that cannot be recovered.
• The insider: It is the fact that people with knowledge within the project deal with information that is not publicly disclosed.
• Validator: They are the nodes that validate transactions in blockchain networks and protect the network.

Source: Investment Desk