Hello Cointribe! 🚀
Today is Thursday, October 9, 2025, and as every day from Tuesday to Saturday, here’s your recap of the last 24 hours of news you shouldn’t miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡 Weather:
🌧️ Rainy
24h crypto recap! ⏱
💰 Polymarket raises $2 billion from ICE: A turning point for regulated prediction markets
Polymarket announced a $2 billion funding round led by Intercontinental Exchange (ICE). This capital will enable the blockchain-based prediction market platform to expand its U.S. operations and comply with local regulations, solidifying its role in the evolution of on-chain financial markets.
👉 Read the full article
🏦 BlackRock’s Bitcoin iShares ETF nears $100 billion
BlackRock’s Bitcoin iShares ETF has reached nearly $100 billion in open interest, surpassing historical funds like the SPDR S&P 500 ETF. The surge reflects growing institutional adoption and rising optimism toward Bitcoin as a reserve asset.
👉 Read the full article
💡 Fed moves toward new rate easing
The Federal Reserve indicated it could lower interest rates at its next policy meeting. This shift would respond to signs of economic slowdown and recession risks, with potential ripple effects on digital assets, particularly Bitcoin.
👉 Read the full article
🇺🇸 SEC advances innovation exemption to boost crypto development
The SEC announced major progress toward creating a regulatory exemption aimed at fostering crypto innovation in the United States. The initiative would allow crypto startups to test new products without full registration requirements, under specific conditions.
👉 Read the full article
Crypto of the Day: Mina Protocol (MINA)
Innovation and Added Value 🧠
Mina Protocol is a revolutionary Layer-1 blockchain distinguished by its constant size of about 22 KB, thanks to the use of zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge). This design allows every participant to verify the entire transaction history without powerful hardware, making the blockchain truly decentralized and accessible.
Mina also enables the creation of private decentralized applications (dApps) called zkApps, which can interact with external data while preserving privacy. This unique architecture positions Mina as a key player in the ecosystem of lightweight and privacy-focused blockchains.
The Token 💰
MINA is the native token of the Mina network. It is primarily used to pay transaction fees and to secure the network through staking. MINA holders can also participate in protocol governance by voting on improvement proposals.
With a total circulating supply of 1.2 billion MINA, the token plays a central role in the Mina ecosystem, incentivizing participants to contribute to the network’s security and evolution.
Real-Time Performance 📊
💵 Current Price: $0.1599
📉 24h Change: −$0.0276 (−0.0276 %)
💰 Market Cap: $202,469,763
🏅 Rank on CoinMarketCap: #242
🪙 Circulating Supply: 1,256,222,023 MINA
📊 24h Trading Volume: $12,075,777
Memecoins: The BNB Chain at the Center of a New Speculative Bubble
A speculative frenzy is shaking the crypto ecosystem — and this time, the BNB Chain is at its epicenter. Fueled by the virality of memecoins, this new wave of high-risk investments is captivating attention with dizzying returns and unprecedented community-driven dynamics.
A viral speculation fueled by social media
The BNB Chain is witnessing an explosion of activity tied to a multitude of memecoins issued in record time. These tokens, often without a roadmap or real utility, derive their value from viral momentum. They spread at lightning speed across social networks, where memes, reposts, and chain reactions alone are enough to trigger impulsive buying waves.
The memecoin “4” is a perfect example. Born from a tweet recounting a $4,000 phishing loss, it turned into a speculative asset after catching the community’s attention. The amplification effect peaked when CZ, Binance’s cofounder, reposted the story — giving the project a sense of legitimacy among thousands of investors.
The returns were staggering. According to Lookonchain, one investor who put in $3,500 saw their portfolio soar to $7.9 million, a gain of over 2,260×. This frenzy triggered a massive influx of speculators. Data from Bubblemaps shows that over 100,000 addresses interacted with these memecoins on the BNB Chain, and nearly 70% were in profit at the height of the bubble.
A new role for BNB Chain — between innovation and instability
Traditionally focused on decentralized finance, BNB Chain’s identity is evolving. It is now attracting memecoin developers seeking low transaction fees and an environment conducive to rapid launches. This shift is embraced by Marwan Kawadri, Head of DeFi & EMEA at BNB Chain, who describes the network as the new “nerve center of on-chain trading.”
However, this dynamic raises concerns. Most of these tokens have no economic foundation — their valuation relies entirely on market sentiment and community hype. Such fragility makes the system prone to violent reversals: what skyrockets in minutes can collapse just as quickly.
Beyond the social phenomenon, what’s emerging is an ultra-volatile investment model. Far from being technological innovations, memecoins act as short-lived speculative assets. Their proliferation on the BNB Chain paints the picture of a vibrant yet fragile ecosystem — one driven as much by enthusiasm as by potential self-destruction.
Between fleeting bubble and structural shift
The rise of memecoins on the BNB Chain reveals a dual reality. On one hand, the network’s infrastructure accelerates community-driven trends and rapid innovation. On the other, that same speed fosters speculative bubbles detached from any tangible value.
This frenzy exposes the structural limits of a still-maturing market. The BNB Chain’s future may depend on its ability to channel this speculative energy toward stronger, innovation-driven projects, rather than pure volatility.
