Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, BNB Chain traders are making millions on new memecoins going parabolic amid a surge in onchain trading activity, analysts say Canary Capital’s Litecoin and HBAR funds are ready to go after the US government reopens, and BitGo secured a VARA license as Dubai’s regulator announces a wave of enforcement actions.
Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle.
Among the most profitable investors is trader “0xd0a2,” who turned an initial investment of $3,500 into $7.9 million, generating a 2,260-fold return in three days, according to blockchain intelligence platform Lookonchain.
