Welcome to our 219th issue of State of the Market, where we provide an overview of crypto market activity from April 24 – April 30, 2025.
This week in crypto markets:
- Bitcoin held near $94K, as U.S. spot ETFs saw over $3B in inflows, their second-highest weekly total ever.
- Strategy bought 15,355 BTC worth $1.4B, bringing its total holdings to 553K BTC ahead of Thursday’s earnings.
- Mastercard unveiled a stablecoin payments initiative, partnering with Circle, Paxos, and OKX to help merchants accept stablecoins seamlessly.
- Visa, in partnership with Stripe and Bridge, launched stablecoin-linked cards in Latin America, enabling conversion to local currency at point of sale.
- Sam Altman’s Worldcoin rolled out its World ID system to 6 U.S. cities, with a new Visa card for spending WLD and other digital assets.
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