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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
03/08/2025

Last Week in Web3: Key Developments You Can't Miss

The Web3 market saw plenty of noteworthy moves last week. From Donald Trump's crypto policy stance to the controversy surrounding Binance's airdrop, here are the highlights investors and the Web3 community need to know. 1. Donald Trump and Crypto Policy: Will Crypto Get Official Backing? Over the past week, U.S. states pushed forward legislation related to Bitcoin (BTC), aiming to establish it as a strategic reserve asset. This raises the question of whether BTC c

Last Week in Web3: Key Developments You Can't Miss

The Web3 market saw plenty of noteworthy moves last week. From Donald Trump's crypto policy stance to the controversy surrounding Binance's airdrop, here are the highlights investors and the Web3 community need to know.

1. Donald Trump and Crypto Policy: Will Crypto Get Official Backing?

Over the past week, U.S. states pushed forward legislation related to Bitcoin (BTC), aiming to establish it as a strategic reserve asset. The big question: could BTC become a meaningful pillar of U.S. economic policy?

Notably, former President Donald Trump has also taken a more favorable stance toward crypto. He established a "crypto war room" — a dedicated strategy group focused on digital assets. Names like BTC, Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA) have been floated as potential strategic assets. This could signal a major policy shift under a second Trump administration.

2. Binance and the RedStone Airdrop Drama

Airdrops are always a hot topic in the crypto community, but Binance's RedStone airdrop this week sparked serious backlash. Only 4,000 wallets qualified for rewards, leaving a large number of investors empty-handed. Transparency and how eligibility criteria are calculated remain a flashpoint of debate across the crypto space.

3. Notable Projects This Week

  • DoubleZero raises $28M: What makes this project compelling enough to attract that level of attention?
  • Prime Intellect: A new milestone in decentralized AI — could this be where artificial intelligence is headed?
  • Cardano (ADA) and its survival strategy: In a fiercely competitive market, Cardano continues to hold its ground and push forward.

4. Web3 Market Outlook

  • If the market enters a bearish cycle in 2025, what investment strategies actually make sense?
  • Andreessen Horowitz (a16z) breaks down the difference between network tokens and company-issued tokens, helping investors better understand the nature of each asset class.

These developments show that Web3 is drawing growing attention from governments, enterprises, and the investment community alike. Stay tuned so you don't miss the trends shaping this space. 🚀 #Crypto #Web3 #Bitcoin