📊 Crypto Weekly Update – 23 April 2025
💰 Bitcoin Climbs Past $93K Amid Market Optimism
Bitcoin (BTC) has surged to $93,728, marking a 6.3% increase this week. The rally is fuelled by renewed investor confidence and easing macroeconomic tensions.
🏛️ Trump Establishes Strategic Bitcoin Reserve
President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve along with a U.S. Digital Asset Stockpile, aiming to strengthen the country's position in digital finance.
⚖️ Alex Mashinsky Requests Sentencing Delay
Alex Mashinsky, former CEO of Celsius, who pleaded guilty to commodities and securities fraud, has requested a one-month delay in his sentencing.
🌍 Argentina’s $LIBRA Scandal Under Investigation
Argentina's Chamber of Deputies has approved a probe into the promotion of the $LIBRA memecoin, allegedly involving President Javier Milei.
🇨🇦 Crypto Scams Surge in Canadian Election Run-up
As Canada prepares for its federal election, authorities report a wave of crypto-related disinformation and fake investment ads spreading via social media.
🎉 Fun Fact
Bitcoin’s fixed supply of 21 million coins and halving cycles continue to spark speculation, with some analysts forecasting a future value of $1 million per coin.
📌 Stay tuned for more updates next week!
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