Day: November 2, 2025

New data revealed that public holders dominate BNB’s distribution. Blockchain analytics firm YZi Labs has reported that Binance Coin (BNB) ownership has become widely “dispersed” across the network. More tokens have moved into self-custody and exchange-held public wallets. BNB’s Ownership Profile According to YZi Labs’ latest data, roughly 66-67% of BNB’s total supply is held by public participants, including exchange users and those in self-custody wallets. Around 27% of the supply is controlled by the BNB Foundation, which maintains a burn reserve used for programmatic token burns, a mechanism…

Less than a year post-launch, RLUSD is nearing $900 million market cap. Ripple’s RLUSD stablecoin is nearing a market capitalization of $900 million, according to the company’s latest October independent attestation report. The figure has more than doubled in just three months, climbing from $400 million in August. Launched less than a year ago, RLUSD is pegged 1:1 to the US dollar and backed by deposits, short-term US Treasuries, and other cash equivalents, offering stability and security to users. Ripple’s RLUSD Growth Over $1.5 million in renewed University Blockchain…

Aster’s token surged to a two-week high. Binance’s co-founder and former CEO, Changpeng Zhao, continues with his support for the popular decentralized exchange focused on perpetual and spot trading. In his latest post, CZ, who was recently pardoned by US President Donald Trump, said he used his own money to purchase the DEX’s native token. Full disclosure. I just bought some Aster today, using my own money, on @Binance. I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD — CZ 🔶 BNB (@cz_binance) November 2, 2025 He emphasized…

Trading volume soared to $295 billion; assets on the platform reached $516 billion, including $300 billion under custody. Coinbase reported a profit surge for the third quarter of 2025, beating Wall Street estimates as swings in cryptocurrency prices boosted trading activity. The exchange earned a net income of $433 million, up from last year’s $75.5 million. Q3 Financial Results Coinbase shared on Thursday that its total net revenue for the quarter ended September 30 climbed to $1.8 billion, driven by higher trading volumes and growth in institutional services. Trading…

All metrics in the spot, futures, and derivatives markets point to profit-taking rather than renewed accumulation among investors The cryptocurrency market is facing a decline in momentum, which is affecting all sectors in the ecosystem, particularly areas linked to investors in the United States. A report from CryptoQuant revealed that U.S. investors are exhibiting a slowdown in demand for bitcoin (BTC) and ether (ETH). This slow pace extends to both the spot and derivative markets, following a significant rally in late September that drove BTC and ETH to $126,000 and…