Tag: Hits

Crypto Fundraising Hits Weekly All-Time High

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Crypto fundraising reached an all-time high last week, with a record $3.5 billion raised across 28 funding rounds.  Cryptorank data showed on Monday that weekly fundraising reached its highest point from Oct. 6 to Sunday, surpassing all previous peaks, including the nearly $3 billion raised July 28 to Aug. 3. The surge came after seven consecutive weeks of sub-$1 billion fundraising activity, marking a sharp resurgence in investor confidence. Over the last six months, weekly fundraising fluctuated from $150 million to $2.9 billion, underscoring the volatility of venture activity in…

BNB Hits Record High As Traders Blame Binance For Crypto Market Crash

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Binance’s ecosystem token BNB reached a new all-time high on Monday, outperforming the wider cryptocurrency market, which is still recovering from $19 billion in liquidations over the weekend. The BNB (BNB) token rose to a new all-time high of $1,370 on Monday, according to CoinMarketCap data, rebounding strongly after a weekend crash that triggered the forced liquidations across exchanges. The rally came despite heavy criticism from Binance users who blamed the exchange for contributing to the market chaos after technical glitches left traders unable to exit positions. BNB/USD, seven-day chart.…

Bitcoin, Altcoins Collapse As Trade War Fear Hits Markets

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Key points: Bitcoin has pulled below $116,000, but select analysts expect buyers to step in at lower levels and arrest the decline. Select altcoins have reached critical support levels where the buyers are expected to mount a strong defense. Bitcoin (BTC) attempted a recovery on Friday, but higher levels attracted selling. That has pulled the price under $116,000 as short-term traders are rushing to the exit. Analyst Stockmoney Lizards said in an X post that BTC is witnessing a shakeout in both directions. Despite the correction, the analyst remains bullish,…

$11B Bitcoin Whale Returns, DeFi Hits $237B Record: Finance Redefined

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Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs. Also in the news this week was the $11 billion Bitcoin (BTC) whale who returned after a two-month hiatus to transfer another $360 million in BTC, signaling a potential rotation into the world’s second-largest cryptocurrency, with an additional $5 billion left in their wallet. In another potential Uptober catalyst, the US Securities and Exchange Commission (SEC) received 31 crypto exchange-traded fund (ETF) applications, with 21…

BNB Chain Memecoin Season Hits Wall As Coin Prices Fall 30%

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Key takeaways: Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches. A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines. Low liquidity and inflated volumes amplified the memecoin sell-off across the BNB Chain ecosystem. Multiple BNB Chain memecoins tumbled more than 30% on Thursday after posting strong gains earlier in the week. The sell-off occurred as BNB (BNB) itself recorded its first-ever $100 single-day price drop, falling to $1,246 at the time of writing. Is this the…

ETH Hits ‘New Normal’ as On-Chain Activity Surges

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Key takeaways: Ethereum’s onchain activity is structurally higher, signaling durable growth. Institutional inflows and RWA tokenization are major catalysts for ETH demand. Technicals suggest a potential bottom near $4,100 to $4,250. Ether’s (ETH) onchain activity has entered what analysts termed a “new normal,” with sustained network engagement and rising institutional flows providing the clearest fundamental catalyst yet for a bull market continuity.  Data from CryptoQuant shows Ethereum’s Internal Contract Calls, a metric tracking complex network interactions such as DeFi and real-world asset (RWA) tokenization, has undergone a structural shift since…

DeFi TVL Hits Record $237B As DApp Wallets Drop 22% In Q3

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The decentralized application (DApp) industry ended the third quarter of 2025 with mixed results, as decentralized finance (DeFi) liquidity surged to a record high while user activity fell sharply, according to new data from DappRadar. In a report sent to Cointelegraph, DappRadar said that daily unique active wallets averaged 18.7 million in Q3, down 22.4% compared to the second quarter. Meanwhile, DeFi protocols collectively locked in $237 billion, the highest total value locked (TVL) ever recorded in the space.  The report highlights an ongoing divergence between institutional capital flowing into…

BNB Registers Surge in Mindshare, as Token Hits New High

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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, according to data aggregator CoinGecko, nearly a week after clocking its previous high of $1,111. Crypto market intelligence firm Messari said in an X post on Wednesday, BNB’s’ mindshare, which measures public attention, discussion, and awareness, has seen a…

BNB Chain hits $5.6M in daily fees, its second-highest level in three years

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Key Takeaways BNB Chain reached $5.6M in daily fees, its second-highest level in three years. Meme coin launches and perpetual DEX growth are fueling record activity. Share this article BNB Chain recorded $5.6 million in daily fees today, marking its second-highest level in the past three years. The network led all blockchains in 24-hour fees during October 2025, surpassing TRON, Solana, and Ethereum. Increased activity from meme coin launches has fueled network demand, driving higher transaction volumes and fee generation. BNB Chain is also seeing rising participation in perpetual futures…

Ethereum Exit Queue Hits $10B Record: Selling Pressure Concerns?

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Ethereum recorded its largest validator exit on record this week, with more than 2.4 million Ether worth over $10 billion awaiting withdrawal from its proof-of-stake network, but institutional participants are replacing much of that in the validator entry queue. Ethereum’s exit queue surpassed 2.4 million Ether (ETH) worth over $10 billion on Wednesday. The spike in exits extended the validator queue time to more than 41 days and 21 hours, according to blockchain data from ValidatorQueue.com. Validators are responsible for adding new blocks and verifying transactions on the Ethereum network,…