The dynamic realm of crypto has closed another week, primarily with remarkable developments unfolding across the broader sector. While Shiba Inu (SHIB) saw remarkable community advancements, Binance unveiled a stockpile of token listings, sparking market discussions. Simultaneously, with the broader market showcasing signs of recovery as 2025 commences, this week proved to be buzzworthy.
So, let’s delve deeper into some of the top crypto market updates reported by CoinGape over the past week.
Shiba Inu (SHIB) Sees Notable Advancements
The renowned dog-themed meme coin Shiba Inu has emerged as the talk of the crypto market this week, witnessing a landmark development followed by constant token burns and a price upswing. The token’s lead developer, Shytoshi Kusama, confirmed that the TREAT token launch lies shortly ahead, sparking considerable optimism across the SHIB ecosystem.
Intriguingly, the launch remains much awaited by community participants, much touted to be a revolutionary endeavor. Simultaneously, the continuous SHIB burn has added to investor enthusiasm surrounding the digital asset. CoinGape spotlighted that the meme coin even eyes 45% gains ahead, primarily against the backdrop of Shiba Inu burn rate surge and strong market trends. Overall, market watchers optimistically eye the token, expecting imminent future gains.
Binance’s Crypto Listings Echo Buzz
On the other hand, crypto exchange giant Binance’s listing chronicles have garnered substantial attention this week. Notably, the leading crypto exchange expanded support for a stockpile of tokens.
CoinGape reported that Binance expanded trade offerings for DOGE, SHIB, and PEPE this week, sparking optimism over the coins’ future prices. Particularly, the platform’s P2P division expanded support for new trading pairs for the mentioned tokens in selected fiat zones across Africa.
Simultaneously, the exchange also unveiled major support for PHA and DF coins this week. Notably, Binance announced new perpetual contracts for Phala Network (PHA) and dForce (DF) tokens with up to 75x leverage, adding to its market chronicles.
Meanwhile, it’s also noteworthy that the exchange secured a major regulatory approval in Brazil this week. Binance has bagged regulatory approval from the Central Bank of Brazil, allowing it to acquire a licensed broker-dealer in the region. Overall, these chronicles have gained significant traction amid the exchange’s rising success, with investors optimistic about the future prices of the mentioned tokens amid enhanced offerings.
Crypto Market Recovery Sparks Hope
Simultaneously, Bitcoin and top cryptocurrency prices have shown signs of recovery as 2025 kicked off, sparking market discussions globally. BTC price witnessed gains worth 3% over the past seven days and closed the week at the $98K level. ETH price witnessed gains worth 8% over the past seven days to close the week at $3,647. Simultaneously, XRP’s price was noted to be up 10% weekly, closing at $2.402. As a response, market sentiments in Q1 2025 remain highly bullish.
Notably, the top cryptos enjoy renewed market interest, as also indicated by recent events. Microstrategy again announced plans to raise up to $2 billion in an effort to purchase more BTC.
Simultaneously, Ethereum whale accumulation amid the recent market dip saw a substantial rise. This saga has added another bullish tint to top crypto prices amid a broader market recovery.
In addition, the Ripple community saw notable developments, with bets of an XRP ETF soaring. CoinGape reported that Polymarket data flagged a 70% probability of a potential Ripple ETF approval in the U.S. This saga has garnered significant optimism toward the leading crypto.
Also, Ripple’s RLUSD stablecoin was recorded flipping its core rivals in 24-hour trading volume this week. Overall, the abovementioned news emerged as some of the most buzzworthy crypto market updates over the past week.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
✓ Share: