After officially adding Peanut the Squirel (PNUT) to its spot trading platform, Coinbase sparked investors' interest with its latest memecoin addition to the listing roadmap.
Coinbase, the largest cryptocurrency exchange in the U.S., has revealed plans to include Toshi (TOSHI), a memecoin, in its roadmap for potential listing.
While being on the roadmap doesn’t guarantee a listing, Coinbase has shown a trend of quickly transitioning memecoins from the roadmap to active trading, reflecting its interest in this volatile and profitable market segment.
The exchange recently listed another prominent memecoin, PNUT, signaling a strategic push to capture a larger share of the memecoin market.
Memecoins, known for their high trading volumes and price swings, have become a significant revenue driver for exchanges.
News of TOSHI’s addition to the roadmap sent its price soaring by 187%, pushing its market cap to $146 million. Despite this surge, TOSHI is yet to be listed on Binance, leaving room for further growth as it gains traction in the broader crypto market.
Digital asset investment products recorded $1.04 billion in inflows last week, pushing total assets under management (AuM) to a record high of $188 billion, according to the latest report from CoinShares.
The U.S. Securities and Exchange Commission (SEC) is reportedly expediting the review process for spot Solana (SOL) exchange-traded funds, pushing issuers to submit amended S-1 filings by the end of July.
Bonk (BONK) has gone up by 9% in the past 24 hours and currently sits at $0.00002330 after Binance.US shared a cryptic X post that mentioned the token. On Sunday afternoon, the exchange shared a picture of its logo hitting its head with a bat – a clear reference to the viral meme that inspired […]
Spanish banking giant BBVA has expanded its digital services by introducing in-app Bitcoin and Ethereum trading and custody for retail clients.