Coinbase has recently faced valuation stretch and crypto momentum stall, even though it has been added to the S&P 500.
Gate.io, another exchange, now offers 24/7 tokenized stock trading with xStocks and has launched AI Bot Pro for smart crypto trading. However, it's attention has also been drawn to
pump.fun token sale of $600M, which was eventually removed.
Gate Group acquired Coin Master Co and Gate.io closed its services in Japan. On the contrary, it has a new multi-year partnership with Oracle Red Bull Racing in F1.
Tether is deploying hashrate on OCEAN, advancing decentralized Bitcoin mining. Dogecoin and other privacy coins are facing the risk of delisting over Gate.io. Furthermore, consumes can now buy tokenized uranium with
crypto thanks to a partnership between Transak and Uranium.io. Interestingly, Gate.io introduced a $50M fund to encourage meme coin adoption. It has also removed 33 tokens as part of its trading pair cleanup. Coinbase's stock has potential for massive buying pressure due to prospective S&P 500 inclusions.
Crypto memecoins are thriving in the market, reaching $140B market cap. In terms of partnerships,
AI net and Injective have teamed up to train AI models using decentralized infrastructure. Crypto exchange
Coinbase, after buying $30M of shares, is seen as a promising player in the crypto world.
IO Coin News Analytics from Thu, 06 Jun 2024 06:12:57 GMT to Mon, 04 Aug 2025 15:03:36 GMT -
Rating 0
- Innovation -2
- Information 8
- Rumor 1
