What Happened in the Web3 World This Week?

🚀 Donald Trump continues to influence the cryptocurrency market.

Trump's Crypto Reserve Announcement

U.S. President Donald Trump has ordered the creation of a "U.S. Strategic Crypto Reserve" that includes BTC, ETH, XRP, SOL, and ADA.

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Trump-Backed Deal: SUI Added to Reserves

SUI has been included in strategic token reserves through a partnership with World Liberty Financial, backed by the Trump family.

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Sharp Decline in the NFT Market: Trading Volume Drops by 63%

NFT trading volume has plummeted by 63% since December, experiencing a significant downturn in February.

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Telegram’s Popular Mini App Moves to Solana

Due to Telegram's new policies, the PAWS Mini App, with over 80 million users, has migrated to the Solana network. This transition has brought a significant influx of users to the Solana ecosystem.

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Blockstream Launches Bitcoin Lending Funds

Bitcoin developer Blockstream is set to launch three new institutional investment funds in April.

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UK’s First Crypto ATM Conviction: Operator Sentenced to 4 Years in Prison

The UK has handed down a four-year prison sentence in its first-ever criminal case related to illegal crypto ATM operations.

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