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X @The Block
The Block· 2025-10-21 16:31
'UK can do better': Kraken urges regulators to move faster on stablecoin and tokenization rules https://t.co/WGbkTb7BNL ...
X @Unipcs (aka 'Bonk Guy') 🎒
Unipcs (aka 'Bonk Guy') 🎒· 2025-10-21 16:12
it is time for Robinhood, Binance, and Hyperliquid to list $USELESS!USELESS is regularly doing more spot/perps volume than majority of the memecoins listed on the above-listed CEXswith the exception of $DOGE, USELESS is also consistently doing more spot volume than EVERY OTHER MEMECOIN listed on Coinbase, Kraken, and on-chainlisting USELESS isn't just submitting to user demand, it is also going to end up being a profitable endeavor that generates a lot of fees for these CEXs@vladtenev @cz_binance @heyibinan ...
X @Unipcs (aka 'Bonk Guy') 🎒
Unipcs (aka 'Bonk Guy') 🎒· 2025-10-21 15:58
Market Position & Performance - $USELESS is outperforming other memecoins during market recoveries [1] - $USELESS has the highest on-chain trading volume, exceeding $TRUMP by 15.45% and $FARTCOIN by 160.78% [1] - $USELESS has consistently ranked as the second most traded memecoin on Coinbase and Kraken, following only DOGE [1] - $USELESS is undergoing aggressive accumulation despite overall weakness in the crypto market [1] Sentiment & Exposure - Market sentiment indicates significant underexposure to $USELESS [1] - The memecoin sector is valued at $63 billion, and $USELESS is considered a key proxy for exposure to this sector [1] Investment Thesis - The crypto market is expected to reprice upwards, and $USELESS is poised to lead the memecoin sector [1] - $USELESS epitomizes the memecoin sector and is the best way to bet on the sector [1]
Galaxy Stock Jumps on 140% Trading Volume Increase in Q3
Yahoo Finance· 2025-10-21 15:32
Core Insights - Galaxy Digital reported $505 million in profits for the third quarter, driven by a significant increase in assets on its platform, which reached a record $17 billion, up 70% quarter-over-quarter [1][2] - The firm's shares surged to $46 at market opening, reflecting an 8.3% increase on the day, with a third-quarter revenue of $28.4 million, marking a 231% increase year-over-year [2] - Trading volumes increased by 140% quarter-over-quarter, including a notable $9 billion notional Bitcoin sale facilitated by Galaxy earlier this year [2] Asset Management and Client Activity - Galaxy reported $9 billion in assets under management by the end of the third quarter, alongside $7 billion in "assets under stake" earning blockchain rewards [4] - The firm is benefiting from crypto treasury firms parking $4.5 billion in assets at Galaxy, expecting around $40 million in annual recurring fees from this activity [3] - The average loan book size increased to $1.8 billion, indicating enhanced client diversity [4] Product Offerings and Market Position - GalaxyOne, launched this month, allows customers to trade stocks and crypto in one platform, competing with retail-focused platforms like Robinhood and Coinbase [5] - The firm is also targeting accredited investors with high-yield cash products that are not universally available [5] - Galaxy remains on schedule to deliver power to AI cloud computing platform CoreWeave in the first half of next year, indicating its engagement in data center infrastructure [5] Analyst Insights - Analysts at Compass Point noted that Galaxy's earnings before interest and taxes exceeded Wall Street estimates by 236%, suggesting that the increase in assets will likely lead to higher investor forecasts [6]