🔍 Market Summary

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Bernstein raises target for ‘most misunderstood’ crypto firm Coinbase to $510 as shares near all-time high

Bernstein raises target for ‘most misunderstood’ crypto firm Coinbase to $510 as shares near all-time high

Analysts at research and brokerage firm Bernstein have raised their price target for Coinbase (ticker COIN) stock to $510 from $310, based on a combination of higher earnings projections, new growth drivers, and a revised valuation framework.Coinbase is the only crypto-native firm in the S&P 500 ind…

Activity on Kraken’s Ink Layer 2 rises ahead of token rollout

Activity on Kraken’s Ink Layer 2 rises ahead of token rollout

The Ink blockchain, developed by Kraken as a Layer 2 on Optimism's Superchain, has seen a surge in activity ahead of a planned token rollout.Last week, the Ink Foundation announced the INK token with a fixed supply of 1 billion, along with a community airdrop structured through a liquidity pool on A…

Broak on Base (BROAK) - LBank Listing - 04 Jun 2025

Broak on Base (BROAK) - LBank Listing - 04 Jun 2025

LBank will list Broak on Base (BROAK) soon. LBank is a global exchange, so more people can buy and sell BROAK. Listing events often push prices up because more traders join. Meme coins like BROAK can be very volatile, moving quickly up or down. If the BROAK community is active, the price could rise …

Cronos to Be Integrated With Relay

Cronos to Be Integrated With Relay

Cronos is now supported by Relay’s instant swap and bridging services. The integration allows users to freely swap assets across various supported chains, including Base, Solana, and Arbitrum.CRO InfoCronos is an open source decentralized blockchain developed by Crypto.com, a payment, trading and fi…

Devs introduce Ethereum R1 layer-2 scaling solution

Devs introduce Ethereum R1 layer-2 scaling solution

A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token.According to the announcement, the project relies entirely on donations,…

Base reaches ‘stage 1’ in Ethereum rollup decentralization with fault proofs and security council

Base reaches ‘stage 1’ in Ethereum rollup decentralization with fault proofs and security council

The developers at Coinbase-incubated Ethereum Layer 2 rollup Base said the network has reached “stage 1” in Vitalik Buterin’s framework for rollup decentralization, showing progress toward reducing reliance on centralized actors.“Base has achieved stage 1 decentralization, a critical milestone in ou…

Base scrutinized over promotion of token that briefly crashed 95%; says part of ‘contentcoin’ vision

Base scrutinized over promotion of token that briefly crashed 95%; says part of ‘contentcoin’ vision

Base, the Layer-2 network backed by crypto exchange Coinbase, is facing criticism from the crypto community for publicly endorsing a token that briefly lost most of its value shortly after launch. The token has since recovered nearly all of that value.Earlier on Wednesday, Base posted, "Base is for …

Solana network inflows surge — Will SOL price follow?

Solana network inflows surge — Will SOL price follow?

Over the past 30 days, crypto market participants have bridged more than $120 million in liquidity to Solanafrom other blockchains, signaling renewed confidence in the network. Traders transferred the highest amount from Ethereum at $41.5 million, followed by a $37.3 million influx from Arbitrum, a…

Clanker team earns $13 million in revenue from over 200,000 tokens on Base in just five months

Clanker team earns $13 million in revenue from over 200,000 tokens on Base in just five months

Clanker, the token generation launchpad on Base, has generated nearly $27 million in all-time fees, resulting in over $13 million in revenue for its team, The Block has learned.Since the November launch, this revenue amounts to an average monthly revenue of over $2.6 million for the founders, making…

Base Blockchain Faces Backlash Over GrokCoin Promotion as Developers Feel Overlooked

Base Blockchain Faces Backlash Over GrokCoin Promotion as Developers Feel Overlooked

The dispute highlights growing tensions between blockchain developers and platform operators over project visibility and promotional priorities.Base’s Endorsement of GrokCoin “In case you missed it, Grok launched a token on Base thanks to Bankr and Clanker’s trading mechanisms. Grok’s AI-controlled …

Web3 devs, gamers, investors thrive despite India’s crypto policy hurdles

Web3 devs, gamers, investors thrive despite India’s crypto policy hurdles

India’s contribution to the global Web3 ecosystem — primarily in software development, gaming, investments and startup funding — increased year-on-year despite an absence of locally tailored crypto regulations.India’s share of global Web3 developers grew from 5% to 12% in the last 10 years, second o…

BNB gains despite a wider crypto market downturn as memecoin prices plummet

BNB gains despite a wider crypto market downturn as memecoin prices plummet

BNB has posted gains, even as the broader cryptocurrency market struggles. Major tokens like bitcoin and ether have fallen by 1.5% and 1.3%, respectively, over the past 24 hours, following a new CPI report that showed inflation picked up for the fourth consecutive month in January.The latest CPI dat…