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- Crypto, Memecoin & NFT Highlights: Week of March 31 - April 6, 2025
Crypto, Memecoin & NFT Highlights: Week of March 31 - April 6, 2025
Wuki NFT
April 06, 2025
Highlights
Bitcoin dropped to $79K by Sunday, after hitting $87K midweek.
U.S. scrapped a DeFi tax rule, easing pressures on DeFi.
MUBARAK memecoin surged 100%, then crashed 40% in a day.
Shiba Inu targets a 60% jump as Shibarium hits 1B transactions.
Trumpās $TRUMP memecoin fell from $70 to $8, sparking debate.
LG Electronics closed its NFT platform; new collections like āBEHOLDā launched.
Crypto Spotlight
Bitcoin swung from $79K on Sunday to a midweek peak above $87K, according to Yahoo Finance. Earlier, WaveRidersSMM noted its climb past $87K on April 4.
Ethereum dropped 9.6% to $1,618. The U.S. ditched a controversial DeFi tax rule, as shared by LunoGlobal on March 31, potentially boosting decentralized finance.
š The crypto week in review: The US scraps a controversial #DeFi tax rule, #Cosmos moves toward #Ethereum interoperability, and Trumpās WLF plans a stablecoin. Plus, Sam Altmanās World Network eyes a Visa partnership. Read more: discover.luno.com/luno-last-weekā¦
ā Luno (@LunoGlobal)
9:42 AM ā¢ Mar 31, 2025
Kraken is planning a $1B debt raise and Ripple settled a $50M fine, per Cryptic_Web3. GameStopās Bitcoin investment plans and Cosmos nearing Ethereum interoperability were flagged by WiseCrypto_.
š„ This weekās crypto market highlights:
ā¢UAE to launch digital dirham in Q4 2025
ā¢Trump imposes tariffs over Venezuela oil trade
ā¢Kraken plans $1bn debt raise with banks
ā¢Ripple drops appeal, agrees to $50m fine
ā¢Elon Musk launches Grok AI on Telegram
ā¢GameStop to raiseā Cryptic (@Cryptic_Web3)
4:45 PM ā¢ Mar 31, 2025
Trumpās āLiberation Dayā tariffs could shake markets, also noted by WiseCrypto_. Mantleās Q2 roadmap for Ethereum Layer 2 surfaced too, via LunoGlobal.
Memecoin Buzz
MUBARAK, backed by CZ, soared over 100% before crashing 40% in a day, detailed on crypto.news.
Shiba Inu is eyeing a 60% rise, with Shibarium crossing 1B transactions, per crypto.news.
Trumpās $TRUMP memecoin, launched in January, slid from over $70 to $8, tracked by CoinMarketCap, with cryptolyxe sparking debate on April 6. Millionaire-making memecoins were also hyped by JakeGagain.
NFT Updates
LG Electronics shut down LG Art Lab after three years, reported by Cryptonews.
Canary Capital filed for a $PENGU-Pudgy Penguins ETF, also via Cryptonews.
New drops include āBEHOLDā by Steven Miller (0.0032 BTC) on Gamma and āCities // Italyā by Efdot (0.33 ETH) on Ninfa, listed on nft now. Refik Anadolās āThe First Dataland Collectionā is teased for April 5, also on nft now.
Web3 gaming should be fun.
Collecting NFTs should be fun.Weāre building a fairly complex ecosystem that will shake up traditional web2 & web3 games models, but at its core weāre just building FUN.
If I were you, Iād want to join Sugartown š
ā camol (@camolNFT)
9:59 PM ā¢ Apr 6, 2025
Stay tuned for next weekās roundup!