🔍 Market Summary

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BNB-based memecoins plummet after CZ says tweets are ‘not endorsement’

BNB-based memecoins plummet after CZ says tweets are ‘not endorsement’

BNB Chain’s memecoin craze has taken a sudden about-face, with many tokens losing between 60% and 95% of their value in the past 24 hours after Binance founder Changpeng "CZ" Zhao cautioned that his social media posts should not be viewed as trading signals.CZ was responding to a separate tweet from…

Solana Foundation’s many discounted token deals fuels SOL treasury explosion

Solana Foundation’s many discounted token deals fuels SOL treasury explosion

It would be hard to pinpoint another crypto organization that has more actively supported the creation of digital asset treasuries than the Solana Foundation, which has entered into multiple agreements to sell large blocks of SOL at a discount.That may help explain why the number of publicly listed …

XRP Bull Run Reloaded: Analyst Says Momentum Mirrors 2017’s Explosive Rally

XRP Bull Run Reloaded: Analyst Says Momentum Mirrors 2017’s Explosive Rally

Crypto chartist Dark Defender says XRP’s current monthly structure has flipped back to the same high-momentum regime that preceded its 2017–2018 vertical run, arguing that a fresh impulsive wave is underway after last year’s breakout. In a detailed thread accompanying a multi-year monthly chart, the…

Ripple 'Excited' About Its Future in EU, Top Exec Says

Ripple 'Excited' About Its Future in EU, Top Exec Says

Stuart Alderoty, chief legal officer at blockchain firm Ripple, says that the company is "excited" about its future in the European Union (EU). This comes after Alderoty and other Ripple representatives recently held a meeting with Gilles Roth, Luxembourg's finance minister, on securing a license th…

As US Bitcoin Reserve stalls, Chainalysis flags $75B in seizable crypto

As US Bitcoin Reserve stalls, Chainalysis flags $75B in seizable crypto

As the United States and other countries weigh the prospect of building national cryptocurrency reserves, new research from Chainalysis suggests governments may already be within reach of tens of billions of dollars in potentially recoverable onchain assets — a development that could intersect with …

“Working on It”: Senator Lummis Backs Jack Dorsey’s Push for a Bitcoin Tax Exemption

“Working on It”: Senator Lummis Backs Jack Dorsey’s Push for a Bitcoin Tax Exemption

U.S. Senator Cynthia Lummis (R-WY) is developing legislation to exempt small Bitcoin transactions from capital gains taxes, a move inspired by Jack Dorsey’s call to make Bitcoin usable for everyday payments. The proposal seeks to remove the tax burden on minor crypto purchases, such as buying coffee…

Short Seller Kerrisdale Targets Tom Lee’s BitMine, Calls Model ‘Extinct’

Short Seller Kerrisdale Targets Tom Lee’s BitMine, Calls Model ‘Extinct’

Shares of BitMine Immersion Technologies (BMNR) swung sharply on Wednesday after short-selling firm Kerrisdale Capital announced a bearish position against the crypto treasury company, calling its business model “a relic on the verge of extinction.”Key Takeaways:Kerrisdale Capital shorted BitMine, c…

Crypto ETFs Are About to Get a Major Upgrade — Here’s What’s Driving It

Crypto ETFs Are About to Get a Major Upgrade — Here’s What’s Driving It

Crypto fund providers are adding staking to ETFs and ETPs, giving mainstream investors access to passive crypto income.Recent SEC guidance and advances in staking technology are fueling an industry-wide race to launch staking-enabled products.Top Crypto Fund Providers Adopt StakingMajor names such a…

Pi Network Mainnet Update: Pi Coin Price Prediction After Protocol 23 Upgrade Explained

Pi Network Mainnet Update: Pi Coin Price Prediction After Protocol 23 Upgrade Explained

After months of decline, Pi Coin is fighting to stay afloat, currently hovering around $0.2368, with daily trading volumes slipping below $30 million. Once hailed as a revolutionary community-driven project boasting a market cap exceeding $17 billion, Pi has now shed nearly 90% of its value. All eye…

Bitcoin Slides From $126,000 Peak as Market Eyes Whether Uptober Rally Can Last

Bitcoin Slides From $126,000 Peak as Market Eyes Whether Uptober Rally Can Last

After reaching a new all-time high of over $126,000 earlier this week, Bitcoin’s price has slipped slightly, raising questions about the sustainability of its recent rally.Despite the slowdown in upward momentum, holder activity suggests the broader bullish phase remains intact. Yet, rising leverag…

 SoftBank’s PayPay acquires 40% stake in Binance Japan

SoftBank’s PayPay acquires 40% stake in Binance Japan

Binance Japan has entered into a capital and business agreement with PayPay, a mobile payment service operated by the major Japanese investment holding company, SoftBank Group.SoftBank’s PayPay acquired a 40% equity stake in the Japanese subsidiary of global crypto exchange Binance, with Binance Jap…

BNB mindshare spikes 251% in a week, as markets eye low-cost  chains

BNB mindshare spikes 251% in a week, as markets eye low-cost chains

BNB “mindshare” has surged over 250% in just a week, according to Messari, with one analyst pointing to a market shift toward high-throughput, low-cost chains. The native token of BNB Chain crossed over $1,330 for the first time on Wednesday, after registering a gain of over 27% in the last week, ac…