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  • Meme coins lead the way for new crypto users, Gemini finds

    Meme coins lead the way for new crypto users, Gemini finds

    Over 30% of crypto newcomers start with meme coins, says Gemini’s 2025 report

    • 94% of meme coin holders also invest in Bitcoin and Ethereum later.
    • US leads in meme coin adoption, with 31% starting their crypto journey with them.
    • Meme coins now have a combined market cap of $74.4 billion.

    Meme coins are no longer just a punchline in the crypto world.

    A new study by Gemini suggests these internet-born tokens are now the entry point for over 30% of new cryptocurrency users across key markets like the US, UK, and Australia.

    According to the State of Crypto 2025 report, meme coins such as Dogecoin and PEPE are not only attracting first-time investors but also acting as stepping stones into more established digital assets like Bitcoin (BTC) and Ethereum (ETH).

    This finding highlights a broader shift in investor behaviour and growing convergence between retail trends and institutional access.

    Gemini report shows meme coins as crypto onboarding tools

    The report draws on data from 7,205 respondents across six countries and reveals that meme coins serve as early training tools for new investors.

    In the US, 31% of those who own both meme coins and traditional cryptocurrencies said they bought meme tokens first.

    The trend is mirrored across other markets, with 30% in Australia, 28% in the UK, 23% in Singapore, 22% in Italy, and 19% in France following a similar pattern.

    This shift in entry behaviour reflects meme coins’ growing role in demystifying wallets, decentralised exchanges, and tokenomics.

    Gemini’s data shows that 94% of meme coin holders eventually invest in major cryptocurrencies.

    This progression underlines the fact that meme tokens act as gateways rather than endpoints in crypto journeys.

    Institutional crypto access rises as meme coins gain ground

    The increasing legitimacy of meme coins coincides with a significant institutional push into digital assets.

    The Gemini report finds that 39% of US investors now hold crypto through exchange-traded funds (ETFs).

    These regulated instruments are bringing new credibility to the space and creating overlap with retail-driven segments like meme coins.

    Combined market capitalisation for meme coins currently stands at $74.4 billion, according to CoinGecko.

    What started as parody has developed into a meaningful vertical within the broader crypto market.

    The synergy between viral meme content and professionalised investment vehicles suggests that crypto adoption is maturing in complexity and scale.

    Adding further momentum is the political backdrop in the US. President Donald Trump has voiced support for crypto, even proposing the creation of a Strategic Bitcoin Reserve.

    His stance aligns with a wider regulatory shift that includes approvals for spot Bitcoin ETFs.

    Together, these factors contribute to a climate that supports both the entertainment value of meme coins and the financial rigour of traditional crypto investments.

    Community engagement now drives meme coin valuation

    The latest sentiment from industry insiders supports the growing seriousness around meme coin investment.

    Justin Sun, founder of Tron and an advisor to Huobi Global, also commented on this trend.

    He highlighted that success in meme coins requires more than virality—it demands genuine community engagement.

    For Sun, this means looking beyond follower counts to actual participation and interest.

    He described meme coin projects as requiring the same level of commitment as major crypto platforms to gain traction and achieve long-term viability.

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  • Strike partners with Bitstamp to bolster crypto purchases for EU users

    Strike partners with Bitstamp to bolster crypto purchases for EU users

    • Strike and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe.
    • Bitstamp will provide fiat-to-crypto conversion support for Strike.
    • Bitstamp has also partnered with Web3 platform Kryptos to help simplify crypto taxes for customers.

    Strike, a leading Bitcoin payments app launched by Jack Mallers, has partnered with crypto exchange Bitstamp to bring Bitcoin to more people in Europe. CoinDesk reported the story first.

    Bitstamp/Strike partnership

    On Wednesday, the two companies announced in a press release that they would collaborate to make crypto buying accessible and easier for customers in the European Union.

    Strike and Bitstamp are eyeing this partnership as one that offers an easier-to-use fiat-to-crypto on-ramp, which allows users to quickly and easily buy Bitcoin, Ethereum, Solana and other cryptocurrencies.

    Users have access to several on and off-ramps, including wire transfers, direct deposits, debit card and mobile money.

    Strike expanded to Europe in April

    The collaboration with Bitstamp follows Strike’s expansion into Europe. In April, the company announced its entry into the European market after a similar milestone in Africa.

    Accessible to eligible customers, the expansion meant users across the EU could send, buy, sell and withdraw BTC.  Users can withdraw Bitcoin to their self-custody wallets or send it to any Lightning wallet. The launch also introduced P2P transactions for Strike Europe users.

    Bitstamp’s partnership with the US-based Bitcoin payments firm comes after Robinhood announced its $200 million acquisition of the Europe-based crypto exchange in June.

    The crypto exchange has also announced a partnership with Web3 finance platform Kryptos to simplify crypto taxes for users across 15 countries, including the United Kingdom, Portugal and Australia.

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  • Stripe partners with Bitstamp to bolster crypto purchases for EU users

    Stripe partners with Bitstamp to bolster crypto purchases for EU users

    • Stripe and Bitstamp have partnered to make Bitcoin and crypto buying accessible to more users in Europe.
    • Bitstamp will provide fiat-to-crypto conversion support for Stripe.
    • Bitstamp has also partnered with Web3 platform Kryptos to help simplify crypto taxes for customers.

    Stripe, a leading payments platform that was launched by Irish entrepreneurs Patrick Collison and John Collison in 2010, has partnered with crypto exchange Bitstamp to bring Bitcoin to more people in Europe. CoinDesk reported the story first.

    Bitstamp/Stripe partnership

    On Wednesday, the two companies announced in a press release that they would collaborate to make crypto buying accessible and easier for customers in the European Union.

    Stripe and Bitstamp are eyeing this partnership as one that offers an easier-to-use fiat-to-crypto on-ramp, which allows users to quickly and easily buy Bitcoin, Ethereum, Solana and other cryptocurrencies.

    Users have access to several on and off-ramps, including wire transfers, direct deposits, debit card and mobile money.

    Bitstamp’s partnership with the global payments firm comes after Robinhood announced its $200 million acquisition of the Bitstamp platform in June.

    The Bitstamp crypto exchange has also announced a partnership with Web3 finance platform Kryptos to simplify crypto taxes for users across 15 countries, including the United Kingdom, Portugal and Australia.

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  • Bitcoin hovers near $66.5k as Mt.Gox users ‘choose to hodl’

    Bitcoin hovers near $66.5k as Mt.Gox users ‘choose to hodl’

    • Bitcoin price still hovers above $66k despite Mt. Gox repayments.
    • Analysts say on-chain data shows most BTC holders receiving the repayments are choosing to hodl.
    • BTC price may benefit from this, with a potential to rebound to recent highs.

    Bitcoin traded to above $66,500 on Wednesday morning as the market looked to bounce following fresh downside pressure.

    The dip to lows of $65,444 on crypto exchange Coinbase happened as traders reacted to news that the US government had sent BTC to exchanges.

    Bitcoin holds above $66k

    Movement from the Mt. Gox wallets amid repayments also spooked some to introduce selling pressure. The return of outflows for spot Bitcoin exchange-traded funds on Tuesday supported this outlook, with over $78 million in outflows breaking a 12-day streak.

    So while prices have dipped since trading to highs of $68,495 earlier in the week, analysts are bullish on the flagship cryptocurrency’s recovery in the short term.

    Price holding above $66k points to this and analysts at CryptoQuant says positive sentiment could increase given Mt. Gox BTC recipients are largely choosing to hodl rather than sell. Bitcoin outflows from Kraken have continued to rise and analysts see it as a likely positive signal.

    “Significant increase in BTC withdrawals from Kraken after affected Mt.Gox users start receiving their $BTC. This could be a positive signal, indicating that they are not selling and are preparing to hold their coins, moving them from the exchange to cold wallets,” CryptoQuant posted on X.

    Nonetheless, Bitcoin price is currently at a level that 1-3 month BTC holders may look to sell. CryptoQuant analyst Yonsei said a breakdown from the $66.5k area could see BTC seek support around $63.6k.

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  • Ronin Outpaces Solana to Grab Top 3 Daily Active Users; This GameFi Token Will Dominate Industry

    Ronin Outpaces Solana to Grab Top 3 Daily Active Users; This GameFi Token Will Dominate Industry

    If you’re tuned into the crypto scene, you might have heard the buzz surrounding Ronin lately. Ronin has surged ahead, surpassing Solana to claim a spot in the top three for daily active users. Meanwhile, Galaxy Fox is emerging as a formidable contender in the GameFi space, poised to dominate the industry with its innovative approach. 

    Let’s delve deeper into these exciting developments and explore why Galaxy Fox is considered one of the best ICO by many, presenting an unparalleled investment opportunity this year. 

    Ronin Outpaces Solana to Grab Top 3 Position of Daily Active Users

    Ronin is making waves in the cryptocurrency world, swiftly outpacing Solana to secure a coveted spot in the top three list for daily active users. Just recently, Binance announced the listing of $RON trading pairs, sending excitement rippling through the community. The surge in interest saw $RON hitting highs of around $3.51, nearing its previous peak of $4.29 back in January 2022.

    The surge in activity of this good crypto to buy coincided with a significant uptick in daily active users on the Ethereum sidechain, specifically tailored for gaming purposes. However, the initial excitement was short-lived as profit-taking ensued, causing $RON’s price to retreat by nearly 20% within hours. Despite this, the Ronin Network remains a pivotal player in the blockchain gaming sphere and much of the lost ground has already been regained.

    Designed by Sky Mavis, the creators of the immensely popular Axie Infinity, the Ronin Network was crafted to address the scalability issues plaguing gaming applications on traditional blockchains like Ethereum. Through a hybrid Proof-of-Authority and Delegated Proof-of-Stake consensus model, Ronin ensures rapid validation of transactions while upholding decentralization principles.

    What sets Ronin apart is its singular focus on meeting the demands of high-volume gaming applications. In 2021 alone, Ronin processed a staggering 15% of all NFT trading volume, showcasing its prowess in handling the needs of gaming ecosystems.

    $GFOX: The GameFi Token That Will Dominate the Industry 

    Galaxy Fox is a rising star in the world of cryptocurrencies, securing a spot in the best upcoming ICO list of many investors and analysts. Unlike traditional meme coins that offer little beyond hype, Galaxy Fox blends GameFi elements with a playful nod to meme culture, creating a unique and enticing investment opportunity.

    Galaxy Fox breathes new life into the meme ecosystem by introducing innovative features that combine gaming with financial incentives. With a Web3 endless runner game backed by NFTs already in place, the project plans to expand its gaming offerings in the future, promising a diverse and engaging experience for users.

    But Galaxy Fox isn’t just about fun and games—it’s also a sound investment. With a 6% buy-and-sell tax policy, revenues generated from transactions are used to fund staking rewards and maintain a marketplace for trading the coolest NFT assets and digital items. This ensures a steady flow of funds to support the project’s development and reward its community members.

    As Galaxy Fox gears up for its next presale stage, now might be the perfect time to get involved, as the current stage offers $GFOX at a discounted rate of $0.00198. With over $3.2 million already raised and 98% of the tokens for Stage 7 already sold, things are heating up fast. Don’t miss out on this opportunity to join a project poised for success in the burgeoning GameFi space.

    Conclusion

    Galaxy Fox stands as a beacon of innovation in the world of the best upcoming ICO, offering both entertainment and financial opportunities. With its unique blend of GameFi elements and meme culture, it’s primed to dominate the industry in the coming years. Visit Galaxy Fox’s website and join their community via Telegram to learn more and get involved in this exciting project.

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

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  • Ordswap loses control of its website, urges users to recover keys

    Ordswap loses control of its website, urges users to recover keys

    • Ordswap has experienced a security breach that has led to phishing risks for users’ private keys and assets.
    • An online tool has been introduced for MetaMask users to recover private keys.
    • The incident underscores security concerns in crypto.

    In a recent crypto hack incident, Ordswap, a prominent marketplace for Bitcoin Ordinals, has fallen victim to a significant security breach that has made it lose control of its website. The platform’s website was compromised leading to potential risks for users.

    Ordswap users were met with a distressing situation as the compromised website directed them to a phishing link. This deceptive link aimed to trick users into revealing their private keys and other sensitive information, posing a severe threat to their cryptocurrency assets.

    Recovery tool introduced amid the chaos

    In response to the security breach, Ordswap acted swiftly by providing an online tool designed to assist users who had logged into the platform through MetaMask.

    This tool is meant to aid affected users in recovering their Ordswap private keys, allowing them to securely migrate their assets to other service providers.

    Ordswap blames Netlify for the glitch

    Ordswap placed the blame for the security incident on Netlify, a company specializing in website development and hosting services.

    While the exact nature of the breach and its connection to Netlify remains under investigation, it highlights the vulnerabilities associated with relying on third-party service providers in the digital landscape.

    Attempts to drain users’ crypto wallets

    Users reported encountering a button on the compromised Ordswap website that attempted to drain their crypto wallets.

    This tactic, known as a wallet-draining scam, is increasingly employed by crypto scammers to illicitly siphon off digital assets. It serves as a stark reminder of the risks associated with interacting with cryptocurrency platforms.

    Ordswap affirms user assets unaffected

    Despite the security breach, an Ordswap team member on Discord claimed that user’s private keys and assets remained unaffected. However, users were cautioned that their security could be compromised if they continued to engage with the compromised website.

    This incident underscores the critical importance of user security in the cryptocurrency space. Vigilance and caution are paramount, as phishing attempts and scams continue to target crypto enthusiasts. At the moment, the Ordswap team is actively working to regain control of its website and restore user confidence in the platform.

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  • Coinbase adds HNT, BLUR, ARB and four other altcoins for Germany users

    Coinbase adds HNT, BLUR, ARB and four other altcoins for Germany users

    • Crypto exchange Coinbase has listed 8 tokens accessible on Coinbase.com and mobile
    • HNT, BLUR, ARB, EGLD, 00, AUDIO, LDO, ATA  are now tradable on Coinbase in Germany.
    • Dogecoin continues to outperform the market after X news.

    Coinbase, the leading US-based cryptocurrency exchange, has made a special announcement touching on eight altcoins.

    The crypto exchange’s announcement says these tokens are now available for trading in Germany, one of the European countries with the highest number of crypto owners.

    Helium (HNT), Blur (BLUR), Arbitrum (ARB) 

    According to the platform, these tokens are Helium (HNT), Blur (BLUR), Arbitrum (ARB), MultiversX (EGLD), 00 Token (00), Audius (AUDIO), Lido DAO (LDO) and Automata (ATA). The crypto assets are “available to Germany residents”, the announcement read.

    “Users can log in to buy, sell, convert, send, receive, or store these assets at Coinbase.com along with the Coinbase iOS and Android apps. To access trading, users may need to refresh their application,” the company posted on its Coinbase Assets account on X (formerly Twitter).

    Some of the listed tokens saw a surge in their prices following the development. However, many remained constrained as top cryptocurrencies struggled to hold onto gains. As Bitcoin hovered near $29k, altcoins like XRP and Solana were looking to keep bears off near key technical levels.

    Meanwhile, Dogecoin continued to see upside action following yesterday’s Twitter rebranding to X. With speculation about a potential integration of DOGE as a payment currency on X Payments, the price of DOGE rose more than 10% in the past 24 hours.

    At the time of writing, the meme coin was trading above $0.081, its highest price since April.

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