Welcome to This Week in Crypto, your quick and clear update on what’s happening across the crypto world. Whether you’re tracking market moves or just curious about what’s next in digital assets, we’ve got you covered.

Here’s a quick look at this week’s top stories:

  • Michael Saylor’s Strategy scoops up 6,556 more BTC, bringing their total holdings to over 538,000 Bitcoin.
  • AI tokens and memecoins lead Q1 2025, with investor interest still locked into last year’s biggest trends.
  • Panama City greenlights crypto payments, allowing citizens to pay taxes and fees with Bitcoin, Ethereum, and stablecoins.

Let’s dive deeper into each of these headlines!

Strategy Continues Bitcoin Buying Spree With $555M Purchase

Michael Saylor’s company, Strategy, has bought another large batch of Bitcoin. Between April 14 and 20, the firm added 6,556 BTC for a total of $555.8 million. This move comes as Bitcoin trades near $87,000, with Strategy ramping up its crypto purchases again in April.

  • The average price per Bitcoin in this latest purchase was $84,785, according to Strategy’s SEC filing.
  • The buy was funded through the sale of over 1.8 million shares, raising about $555 million.
  • Strategy now holds a total of 538,200 BTC, worth around $36.5 billion in total at an average purchase price of $67,766.

This marks 91,800 BTC acquired by Strategy so far in 2025, roughly 17% of its total holdings. After a brief pause in early April, Strategy has clearly resumed its aggressive Bitcoin accumulation strategy.

AI Tokens and Memecoins Dominate Early 2025 Crypto Trends

In the first quarter of 2025, crypto investors continued to focus on artificial intelligence (AI) tokens and memecoins. These two categories made up over 60% of total investor interest, showing that new narratives have yet to gain traction. Despite the hype, some experts are warning that memecoins may be harming the broader crypto ecosystem.

  • AI tokens led the way with 35.7% of investor interest, followed by memecoins at 27.1%, according to CoinGecko’s Q1 report.
  • The Trump and Melania memecoins sparked a short-term spike in memecoin activity, though interest dropped sharply after the Libra scandal.
  • The collapse of the Libra token wiped out $4 billion in value and led to a steep decline in new memecoin launches on Solana.

So far, 2025 has brought more of the same when it comes to crypto trends. While AI and memecoins continue to grab attention, the market is still waiting for the next big shift in investor focus.

Panama City Approves Crypto Payments for Public Services

Panama City has officially approved the use of cryptocurrency for paying public services like taxes, permits, fees, and tickets. Citizens will be able to use Bitcoin, Ethereum, and stablecoins like USDC and USDT to make these payments. This move highlights Panama’s growing support for digital assets and positions its capital as a leader in crypto adoption across Latin America.

  • The city council passed the new rule without needing additional legislation, according to Mayor Mayer Mizrachi.
  • Panama City will work with banks that can convert crypto payments into traditional currency for government use.
  • While only a few digital assets are accepted for now, other cryptocurrencies may be added in the future.

Panama joins a small but growing list of global regions using crypto for public services, following countries like El Salvador and Switzerland. The city’s decision could be a sign of more government-backed crypto adoption to come.

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