To round out Q2 2025, Coinbase is listing four new tokens: Newton (NEWT), Sonic (S), Subsquid (SQD), and POPCAT. The latter two are specifically available in the EU, where Coinbase recently obtained the MiCA license.
With the exception of Sonic, most of these listings had a strange impact on the token prices. These actions seem perfectly explainable, and Coinbase is continuing to build a diversified portfolio of available assets.
Coinbase’s Newest Listings
One of the major listings from this round was Newton Protocol’s NEWT token. The token launched earlier today with an airdrop on Binance Alpha.
Coibase has acted quickly to capture the high enthusiasm surrounding NEWT with a listing on the same date.
Newton (NEWT) is now live on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/676miKRrfh
Developed by Magic Labs, Newton Protocol is a crypto UX on-chain automation protocol powered by AI agents. It allows users to delegate complex, cross-chain actions to AI agents.
Over the past few months, Coinbase has seemingly accelerated its rate. Earlier this month, the US-based exchange listed PancakeSwap (CAKE) and Fartcoin – leading to a notable price impact.
Most recently, Coinbase received an MiCA license to enter the regulated EU market. As a part of its entry, the exchange has listed POPCAT and SQD for German residents.
The market impact of these listings was muted, as both tokens have been available on Coinbase in other regions. So, EU listing was highly priced-in.
Subsquid’s SQD token was also listed by Coinbase Global earlier this month, and now it’s available in the German market.
Regardless, the listing is a major boost for Subsquid’s ecosystem growth. The platform aims to power an open database network for AI agents, and increased availability can only help this goal.
Sonic saw notable corrections over the past week due to the high sell-off from airdrop recipients. However, the Coinbase listing has seen a sharp rebound in the altcoin’s price.
Sonic (S) Price Rebound After Coinbase Listing. Source: BeInCrypto
As per usual, Coinbase picked a scattershot of unrelated projects for its latest round of token listings. For example, NEWT and SQD both focus on AI, but they aim to use it in different ways.
At the moment, it doesn’t seem like Coinbase has any other big plans to change tactics for Q3. The exchange will undergo a systems upgrade next month, but it didn’t hint at any new features.
The condition of the crypto market has improved considerably as April comes to an end. Meme coins are expected to start off strong in May as investors seem to be taking these joke tokens a lot more seriously, as seen with Housecoin (HOUSE).
BeInCrypto has analyzed three meme coins for investors to watch and how their interest is cementing in these tokens.
Zerebro (ZEREBRO)
Launch Date – November 2024
Total Circulating Supply – 999.95 Million ZEREBRO
Maximum Supply – 1 Billion ZEREBRO
Fully Diluted Valuation (FDV) – $60.01 Million
ZEREBRO has surged by 30% in the last 24 hours, trading at $0.061. The meme coin is showing strong bullish momentum and looks poised to continue its uptrend.
With the 50-day Exponential Moving Average (EMA) providing solid support, ZEREBRO demonstrates strong technical strength. This support level could help propel the altcoin toward the next major resistance at $0.086. If the altcoin continues to hold above the 50-day EMA, it may continue its upward trajectory with sustained investor interest.
However, profit-taking from investors could trigger a price correction, sending ZEREBRO lower. A drop below the $0.051 support level could lead to further declines toward $0.042. The recent gains could be wiped out if this support is breached, and the bullish outlook would be invalidated.
Pudgy Penguins (PENGU)
Launch Date – December 2024
Total Circulating Supply – 62.86 Billion PENGU
Maximum Supply – 88.88 Billion PENGU
Fully Diluted Valuation (FDV) – $943.05 Million
PENGU has surged by 25% since Sunday, trading at $0.0123, showing strong upward momentum. The meme coin is aiming to breach the $0.0147 resistance. For this to happen, continued strong support from investors is necessary. If momentum continues, PENGU could make its way through this key level to further gains.
A breakout above $0.0147 resistance could set PENGU on a path toward $0.0225, indicating the potential for continued upward movement in the coming days.
A failure to break the $0.0147 resistance would likely trigger a decline in PENGU’s price. If the altcoin falls below $0.0100, it could continue to slide toward the $0.0071 support level. Such a drop would invalidate the current bullish outlook and could lead to a prolonged downturn.
Small Cap Corner – Housecoin (HOUSE)
Launch Date – April 2025
Total Circulating Supply – 998.83 Million HOUSE
Maximum Supply – 998.83 Million HOUSE
Fully Diluted Valuation (FDV) – $66.90 Million
HOUSE has emerged as a surprising contender in the meme coin market, drawing attention with its humorous concept of investing in crypto rather than purchasing real estate. This fresh approach has resonated with investors, and many are actively supporting the token as it gains traction within the crypto community.
Over the past week, HOUSE has skyrocketed by 816%, currently trading at $0.0664. The altcoin is aiming to flip the $0.0666 level into support, a crucial step before targeting the $0.1000 resistance. If successful, this would set the stage for continued growth, potentially drawing more investors into the token.
However, if the novelty of the idea fades or investors decide to lock in profits, HOUSE could see a sharp decline. A fall below $0.0666 could lead to a drop to $0.0170, invalidating the current bullish outlook. Such a correction would likely signal the end of the altcoin’s recent uptrend.
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to see what data says about the Bitcoin (BTC) price outlook, alongside insights into the current sentiment in the options market. Remember, this being the last Friday of April, monthly options expired today at 8:00 UTC on Deribit.
Strong Market Expectations of Bitcoin Reaching $100,000
Interestingly, Bitcoin traded well above its max pain or strike price of $86,000. Ordinarily, as options near expiration, an asset’s price would tend to gravitate toward its max pain level. While Bitcoin traded for $93,471 minutes before the options expiry, it is now selling for $94,581.
BeInCrypto contacted Bitfinex analysts for insights into the current market outlook and their perspective on what lies ahead for the Bitcoin price in the short term. According to the analysts, Bitcoin’s price could record further upside after clearing option-based resistance.
“Post-expiry, the market is leaning cautiously bullish, and with the $90,000 strike cluster now cleared, there’s less option-based resistance overhead,” Bitfinex analysts told BeInCrypto.
Further, the analysts observed that many traders have rolled exposure to higher strikes, with $95,000 and $100,000 showing increased call open interest for end-April and May expiries.
While this reflects the expected continued upside, the analysts did not rule out a potential short-term chop.
This aligns with Deribit analysts’ statements that the highest open interest for BTC options was around the $100,000 strike price. This indicates strong market expectations of Bitcoin reaching this level.
As BeInCrypto reported, the analysts ascribed this to traders selling cash-secured put options on Bitcoin. These traders also use stablecoins to collect premiums while buying BTC at lower prices.
BeInCrypto also reported that the Cumulative delta (CD) across BTC and related ETF (exchange-traded fund) options on Deribit reached $9 billion. Bitfinex analysts agree, citing rising spot flows and ETF demand.
“Spot flows and ETF demand have picked up significantly for BTC over the past few days and will now continue to dictate if BTC can establish $90,000 as support,” the analysts added.
Meanwhile, these forecasts add to the list of growing bullish bets on Bitcoin’s price, credibly confirming a sentiment shared in the previous US Crypto News publication.
However, despite strong prospects for more Bitcoin price gains, some analysts urge investors to temper their optimism. One is Innokenty Isers, the Chief Executive Officer at Paybis Exchange.
“Current market outlook suggests that Bitcoin price may face more stiff resistance moving forward. In the last two months, the uncertainty around the tariff war triggered an unusual concern for investors as many decided to temporarily steer clear of more volatile assets like Bitcoin,” Isers told BeInCrypto.
Moreover, the Federal Reserve (Fed) has spotlighted the inflationary risks the tariff war may introduce. Nevertheless, Isers acknowledged clear indications of sustained accumulation of BTC by institutional investors and market whales.
This chart shows that the top Bitcoin options by trading volume over the past 24 hours are call options with strike prices of $95,000 and $100,000, ahead of the May 2 expiry.
Byte-Sized Alpha
Bitcoin rebounds 25% in April, shifting market sentiment from fear to greed, per the Crypto Fear & Greed Index readings.
Cardano gained 15% in a week, holding a bullish structure despite a volume dip and early signs of consolidation near key price levels.
USD1 stablecoin, launched by World Liberty Financial, is subject to the EU’s MiCA regulations, which require compliance with transparency, reserve backing, and conflict of interest rules.
World Liberty Financial (WLFI) is partnering with Sui, adding the token to its “Strategic Reserve.” The two companies plan to work on development opportunities, and Sui’s price has risen 15%.
WLFI is a Trump-affiliated project, but it is completely distinct from the federal government. Its token stockpile may bear a similar name to Trump’s US Crypto Reserve, but investors should be aware that there is no direct connection.
World Liberty Financial to Add SUI In Its Portfolio
“World Liberty Financial has chosen to partner with Sui as their preferred American blockchain. WLFI recognizes what we’ve been building, a blockchain designed for the future of finance that’s fast, secure, and accessible. That’s why our teams are in advanced talks for deeper integration,” claimed Christian Thompson, Sui’s Managing Director.
This partnership will include a few important components. First, WLFI is adding SUI tokens to its treasury as part of the firm’s “Macro Strategy” token reserve.
This is the first step in a broader plan of integration, exploring new development applications. Already, this news has been bullish for Sui, causing a 15% price spike.
Meanwhile, there has been some confusion in the crypto community about what is going on. WLFI is a Trump-affiliated project, and Sui used the phrase “Strategic Reserve” in the headline for its press release and social media.
To be clear, this partnership is completely distinct from Trump’s US Crypto Reserve, which he announced recently.
However, future cooperation here is not completely implausible. Trump wishes to use “Made in USA” crypto projects to fill the Reserve, and Sui certainly qualifies.
At the moment, however, a Sui deal like that is not within WLFI’s power to execute. If the two companies form a solid working relationship, Sui may build its reputation in Trump’s circle, increasing its chances.
World Liberty Financial (WLFI) Crypto Portfolio. Source: Arkham
Nonetheless, WLFI’s “Strategic Reserve” has nothing to do with the federal government, and investors should be aware. As of today, WLFI’s portfolio includes over 20 different cryptocurrencies. The majority of the holdings are in Ethereum, Wrapped Bitcoin, USDT, Tron’s TRX, and MOVE.