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- BINANCE MAKES MAJOR HEADLINES...TWICE
BINANCE MAKES MAJOR HEADLINES...TWICE
New Record Investment In Crypto + What Happened To Chads? + Trump to Acquire Crypto Company?
Hype Train
March 13, 2025
Presented by Hype
Welcome to the HYPE TRAIN - a newsletter that breaks down what's happening in the crazy world of memecoins. We'll be breaking down the WTF moments, Best Trades, and much more, while trying to provide some humor to your day.
Disclaimer: Take none of this as financial advice & do your own research
Aaand here we go:
Pleasant day to be a degen! Welcome to today’s edition of Hype Train, where we will be covering our staples today:
TOP Memecoin Performances😇
BINANCE MAKING MAJOR HEADLINES!!!
COINBASE HATES CHADS?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 12:20 pm EST on March 13th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $81,002 | $1.6 Trillion | -1% |
$ETH | $1,861 | $224 Billion | -0.2% |
$SOL | $123.37 | $62 Billion | -0.4% |
HYPE INDEX🐐
$10.46 | $2 Billion | +1.3% | |
$0.00001027 | $795 Million | -1.1% | |
$0.4647 | $464 Million | +2.5% | |
$0.2660 | $266 Million | +2.4% | |
$0.1787 | $175 Million | +15.6% | |
$0.0000004408 | $172 Million | +2.1% | |
$0.01175 | $112 Million | -21.7% | |
$0.01728 | $17.2 Million | +3.3% |
BINANCE MAKES HISTORY🫡
$BNB | $583.85 | $83 Billion | +4.9% |
Abu Dhabi’s MGX investment fund has invested $2 billion in Binance, marking the exchange’s first institutional funding and the largest single investment in crypto history. This deal strengthens Binance’s presence in the UAE, where nearly 20% of its 8,000 employees are based. MGX, backed by Sheikh Tahnoon bin Zayed Al Nahyan, manages $1.4 trillion in assets, with major investments in AI, blockchain, and fintech. With Binance previously reaching a $300 billion valuation during the last bull run, this funding could fuel its resurgence as the exchange processes over $65 billion in daily trading volume.
This investment deepens Binance’s ties with UAE regulators while advancing AI-driven financial services in the region. The UAE’s crypto adoption rate stands at 27.6%, with digital asset investments projected to grow by 47% by 2026. MGX has backed over 12 AI startups and six blockchain infrastructure firms, aligning with Binance’s push into decentralized finance. As global regulations tighten, this $2 billion deal provides Binance with crucial regulatory protection and positions the UAE as a rising powerhouse in digital finance. Binance’s token, $BNB went up 4.7% to a price of $526.
MGX, an Abu Dhabi sovereign wealth fund, invests $2 billion in @binance for a minority stake. The transaction will be 100% in crypto (stablecoins), marking it the largest investment transaction done in crypto to date.
This is also the first institutional investment @binance has… x.com/i/web/status/1…
— CZ 🔶 BNB (@cz_binance)
2:40 PM • Mar 12, 2025
COINBASE HATES CHADS🗣
$GIGA | $0.01175 | $112 Million | -21.7% |
Coinbase is suspending trading for Floki, Turbo, and Gigachad in New York starting April 14, 2025, citing its regular asset review process. While the exchange didn’t give a clear reason, legal experts like Ariel Givener speculate it could be tied to an ongoing case in New York. Despite the announcement, market reactions were relatively mild, with Floki dropping 2.7%, and Turbo up 2.1% in the last 24 hours. However, Gigachad later took a hit, dropping 21% to a market cap of 112 million. The move is notable since these meme coins surged after Coinbase added them to its listing roadmap late last year, a phenomenon known as the “Coinbase Effect.” Why buy on Coinbase when you can just buy on HYPE, plain and simple. Be that CHAD.
We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on recent reviews, we will suspend trading for FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York only on April 14, 2025, on or around 2 PM ET.
— Coinbase Assets 🛡️ (@CoinbaseAssets)
8:22 PM • Mar 12, 2025
TRUMP TO BUY BINANCE US???
$BNB | $583.85 | $83 Billion | +4.9% |
Trump’s family is reportedly in talks to acquire a stake in Binance’s U.S. arm. The deal, possibly through their crypto project World Liberty Financial, comes as Binance attempts to regain a foothold in the U.S. after regulatory crackdowns. Meanwhile, Binance founder CZ is also making headlines, allegedly pushing for a presidential pardon following his guilty plea in a $4.3 billion settlement over anti-money laundering violations. CZ denied making any deal but didn’t explicitly deny asking for a pardon, instead calling the report an “attack on the President and crypto.”
Despite the controversy, BNB pumped a ton after the news, breaking past $600, before retracing to $583.
JUST IN: 🇺🇸 President Trump's family is in talks to acquire stake in Binance US, WSJ reports.
— Watcher.Guru (@WatcherGuru)
1:05 PM • Mar 13, 2025
MEME OF THE DAY
Nah this jersey swap is INSANE 😭😭
— Hater Report (@HaterReport_)
6:22 PM • Mar 11, 2025
HOT NEW COINS (24 Hr)📈
$WOF | $0.001885 | $1.8 Million | +1,843% |
$SENDOR | $0.0004094 | $410 Thousand | +763% |
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That’s all for today’s edition, see you degens tomorrow!
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.