The Altseason of $BNB: Memecoins Surge as Traders Eye Massive Profits

Right now, we’re seeing some really exciting altcoin activity in the Binance ecosystem, and this is mainly being driven by not-so-serious tokens called meme coins that are being developed on the BNB chain. You might have seen that Binance recently added to its marketplace two really well-known meme coins, $TST and $CHEEMS, both of which … Read more

Bitcoin ETFs Face Fourth Consecutive Day of Outflows, Resulting in $157 Million Loss as Ether ETFs Attract $13 Million Inflow

The fourth day of consecutive outflows for bitcoin ETFs saw a loss of $156.69 million, with significant withdrawals from Fidelity’s FBTC and ARK 21Shares’ ARKB. In contrast, ethereum spot ETFs attracted $12.92 million in inflows, led by Blackrock’s IBIT and Fidelity’s FETH. Bitcoin ETFs Shed $650.76 Million Over Four Days Bitcoin and ether exchange-traded funds … Read more

BNB Surges to New Heights, Flipping Solana and Dominating the EVM Landscape

Astonishingly, Binance Coin ($BNB) has now reestablished itself as one of the top assets in the crypto market. Overtaking Solana ($SOL) and surpassing a $100 billion market cap, $BNB now stands as the fifth-largest crypto by market cap. Growing confidence in the BNB Chain ecosystem and $BNB itself has powered a recent 16% price increase … Read more

Coinbase Poised for Strong Q4 2024 Earnings Amid Surge in Trading Volume and Layer-2 Growth

This week’s State of the Network report from @coinmetrics offers an insightful preview of Coinbase’s Q4 2024 earnings. The report is from Research Analyst @TanayVed. He highlights the factors that have positioned the company for what could be an exceptional quarter, indeed. The report notes that trading volume has been surging, stablecoin supply is growing, … Read more

Plasma Secures $20 Million to Launch Bitcoin-Based Blockchain for Zero-Fee Stablecoin Transactions

Plasma, a startup focused on developing a blockchain tailored for stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures, following an earlier $4 million seed round. The investment, which includes participation from notable figures such as Peter Thiel and Tether CEO Paolo Ardoino, aims to enhance Plasma’s capabilities … Read more

Coinbase Quietly Preparing for Re-Entry to India

Coinbase is in talks with several authorities in India, including the Financial Intelligence Unit (FIU), to reopen operations in the Indian market. The firm is seeking to compete with Binance, which resumed local operations last August. Coinbase in Conversations to Relaunch Operations in India Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is preparing to … Read more