SHIB, Binance Listings, and Market Recovery Creates Huge Buzz

The dynamic world of cryptocurrencies has been shut down for another week, primarily as notable developments emerge across the broader sector. While Shiba Inu (SHIB) has seen significant progress in the community, Binance has revealed a stock of token listings, sparking discussions in the market. At the same time, with the broader market showing signs of recovery heading into 2025, this week is proving to be an interesting one.

So, let’s dive into some of the most important cryptocurrency market updates reported by CoinGape over the past week.

The Shiba Inu (SHIB) is experiencing remarkable developments

The popular dog-themed Shiba Inu meme emerged as the talk of the cryptocurrency market this week, witnessing a historic development followed by sustained token burning and price spikes. The main developer of the coin, Chitoshi Kusama, Confirm TREAT token launch It awaits us soon, sparking a great deal of optimism across the SHIB ecosystem.

Interestingly, the launch is still eagerly awaited by community participants, which is described as a revolutionary endeavour. At the same time, Continuous SHIB burning It added to investor enthusiasm surrounding digital assets. CoinGape highlighted that the meme is looking to post 45% gains in the future, primarily on the back of a high Shiba Inu burn rate and strong market trends. Overall, market watchers are looking optimistically at the token, anticipating imminent future gains.

Echo crypto listings on Binance

On the other hand, the listing records of cryptocurrency exchange giant Binance received a lot of attention this week. Notably, the leading cryptocurrency exchange has expanded support for a stock of tokens.

CoinGape reported that Binance has expanded DOGE Trade OffersSHIB and PEPE this week, sparking optimism about the future prices of the coins. In particular, the platform’s P2P section has expanded support for new trading pairs for the mentioned tokens in selected fiat regions across Africa.

At the same time, the stock exchange was also revealed Main 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 records.

Meanwhile, it is also worth noting that the exchange received major regulatory approval in Brazil this week. Binance has received regulatory approval From the Brazilian Central Bank, allowing it to obtain a licensed broker-dealer in the region. Overall, these records have gained significant momentum amid the rising success of the exchange, with investors optimistic about the future prices of the said tokens amid improved offerings.

Cryptocurrency market recovery raises hope

At the same time, Bitcoin and Highest cryptocurrency prices It showed signs of recovery at the beginning of 2025, sparking market discussions globally. BTC price saw 3% gains over the past seven days and closed the week at $98,000. ETH price saw 8% gains over the past seven days to close the week at $3,647. At the same time, the price of XRP was observed to rise by 10% weekly, closing at $2,402. As a result, market sentiment in the first quarter of 2025 remains very bullish.

It is worth noting that the top cryptocurrencies are enjoying renewed interest in the market, as recent events have also indicated. Microstrategy announced again It plans to raise up to $2 billion in an attempt to buy more Bitcoin.

together, Ethereum whale accumulation Amid the recent downturn the market has seen a significant rise. The saga has added another bullish tint to top cryptocurrency prices amid a broader market recovery.

In addition, the Ripple community has seen notable developments, with value bets XRP ETF rises. CoinGape reported that Polymarket data indicated a 70% probability of potential Ripple ETF approval in the US. This saga has sparked great optimism towards the leading cryptocurrencies.

also, Ripple’s stablecoin RLUSD has been registered It upended its primary competitors in 24-hour trading volume this week. Overall, the above news emerged as some of the most interesting cryptocurrency market updates over the past week.