Weekly Summary: What Happened in the Cryptocurrency World This Week?
The famous dog-themed meme coin Shiba Inu has been on the crypto market’s radar this week, witnessing continuous token burns and price increases following a significant development. The token’s lead developer, Shytoshi Kusama, has confirmed that the TREAT token launch will be held shortly, creating significant optimism in the SHIB ecosystem.
On the other hand, crypto exchange giant Binance’s listing logs have attracted significant attention this week. In particular, the leading crypto exchange has expanded support for a token stock. Binance reportedly expanded trading offers for $DOGE , $SHIB , and $PEPE this week, sparking optimism about the coins’ future prices. In particular, the platform’s P2P division has expanded support for new trading pairs for these tokens in select fiat regions in Africa.
Simultaneously, Bitcoin and top cryptocurrency prices have shown signs of recovery with the start of 2025, sparking global market discussions. The #BTC price gained 3% in the last seven days, closing the week at $98,000. The #ETH price gained 8% in the last seven days, closing the week at $3,647. Simultaneously, the XRP price was recorded to gain 10% on the week, closing at $2,402. In contrast, market sentiment in Q1 2025 remains highly bullish.
Top cryptos, in particular, are enjoying renewed market interest, as recent events have shown. #Microstrategy announced plans to raise up to $2 billion to buy more BTC. Simultaneously, Ethereum whale accumulation has seen a significant increase amid the recent market decline. This saga has added another bullish tone to top crypto prices amid a broader market recovery. In addition, the Ripple community has seen notable developments as XRP ETF bets have soared.