Binance’s exchange token continues to thrive and post notable results. With strong backing from investors and institutions, coupled with social media engagement, it seems poised for new, uncharted territories. Surpassing Retail Giants BNB, the native token of the Binance ecosystem, has achieved an impressive feat by surpassing the market capitalizations of sports retailer Nike and…
On Tuesday, Donald Trump signed an executive order extending for 90 days the suspension of tariffs on Chinese goods. The move preserves space for continued dialogue between Washington and Beijing. Importantly for the cryptocurrency industry, the government has postponed tariff hikes on mining hardware imports. This has shielded related businesses from immediate cost increases. Higher…
A crypto scam linked to DeFi platform Terablock has left more than 1,200 investors in Mexico and the United States without their funds. Authorities estimate losses exceed $300 million, devastating families and businesses. The scheme promised monthly returns of 7% to 15% through investments in the USDC stablecoin. Investors accessed their accounts via a mobile…
Ethereum co-founder Joseph Lubin believes ETH could surpass Bitcoin’s market capitalization within the next year, citing increasing adoption by corporate treasury buyers and a maturing ecosystem he calls “digital oil” for the decentralized economy. Speaking to CNBC, Lubin described Ethereum’s current stage as its “broadband moment” — a point where scalability, usability, and legal clarity…
The crypto market kicked off the week with bullish momentum as LayerZero Foundation revealed a $110 million proposal to acquire the Stargate cross-chain bridge. This sparked a sharp rally in both LayerZero’s ZRO token and Stargate’s STG token, which surged 26% and 20% respectively in the past 24 hours. The proposal, posted on Stargate DAO’s…
On-chain data shows the recent Bitcoin HODLer profit-taking spree is driven by buyers from the last cycle, unlike the November-December peaks. Bitcoin Long-Term Holder Realized Profit Has Seen A Slowdown This Month In a new post on X, on-chain analytics firm Glassnode has talked about the trend in the Realized Profit of the Bitcoin long-term…
Senator Elizabeth Warren is stepping up her call for strict cryptocurrency regulation, worried that industry-backed legislation can undermine consumer protections and weaken oversight. She is calling for measures that exclude corporate influence from policy-making and keep public servants from holding financial interests that could sway their decisions. Warren Rejects Industry-Written Rules In her recent remarks,…
About $653 million worth of crypto tokens are set to be released into circulation this week. Investors will be keeping an eye out for potential price swings for several major assets, with data from the Tokenomist website showing large one-time and daily unlocks between August 11 and August 18. Heavy Supply Wave Fasttoken (FTN) boasts…
Meme coins are capitalizing on the bullishness observed in the past week with some tokens noting more than 100% gains. Thus, the coming week will likely witness further gains provided the upcoming US CPI data is in favor of the crypto market. BeInCrypto has analysed three meme coins that the investors should watch going forward….
NEOS files to launch a “High Income” Ethereum ETF, using indirect ETP exposure to generate higher yields at an increased risk. The firm will create this opportunity through a system of puts and calls. ETF analysts have theorized that Ethereum’s recent performance has encouraged this market to specialize. If institutional inflows continue at high rates,…