Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Binance Research Shows 47 Crypto ETF Filings and Record Token Launches

Source Beincrypto

Binance released its latest monthly market insights report, detailing growth in meme coins and ETF filings. The total number of tokens in circulation has reached over 37 million, the majority launching on Solana. Also, there are 47 active ETF filings in the US.

January 2025 was a positive month for the crypto industry, with a peaking market and gains in several key areas. The biggest loser was in AI-related crypto projects, which took a hard beating from DeepSeek.

Binance Research: Meme Coins, ETFs, AI Tokens

Binance Research, a subsidiary of the largest crypto exchange, just released its newest Monthly Market Insights report. In it, Binance painted a positive picture, with the crypto market peaking at $3.76 trillion in January and growth areas like meme coins having a dramatic impact.

“The advent of token launchpads and the meme coin mania has led to the creation of over 37 million tokens, with projections exceeding 100 million by year-end. This growth has fragmented capital, making it harder for tokens to sustain prices and achieve high valuations,” the report claimed.

Binance Research has been studying the meme coin craze for several months, so it makes sense that it has a wealth of data on the subject.

Although meme coins are a growth area in the industry, the report raised a few concerns. Specifically, it concurred with the research suggesting that this tidal wave of projects is sapping energy from traditional altcoins.

Avalanche of Meme Coin Projects Binance Research

The Growth of Token Launches Over the Years. Source: Binance Research

Binance claimed that this meme coin influx “fuels speculation, reduces attention spans and discourages long-term holding,” asserting that most tokens have a negligible market cap.

Still, it did have positive downstream impacts, like rapid growth in Solana DEX volumes. Meme coins and AI agents helped the Solana-to-Ethereum DEX volume ratio surpass 300% in January.

Additionally, Binance’s report discussed political changes after Trump’s Inauguration. Since Gary Gensler resigned as SEC Chairman, the Commission immediately saw a rush of ETF applications.

Binance Research claimed that there are currently 47 active ETF applications in the US, covering 16 asset categories, including meme coins.

All in all, Binance reported that January was a positive month for the broader crypto industry. The only significant loser was in AI, as DeepSeek severely punished this niche market.

Regardless, the DeFAI sector did recover somewhat, ending the month with only a -10% return. Compared to initial losses, it could have been a lot worse.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500 A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

Author Suzie

Sep 14, Mon

A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

Bitcoin falls below $75,000 as the CLARITY Act fails in the Senate — what the vote means for crypto The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.

Author Suzie

Sep 16, Wed

The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.

Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks in The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

Author Irene Q.

Sep 17, Thu

The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

Gold rebounds to near $4,350 on weaker US Dollar, falling oil prices Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. The precious metal rebounds from a six-week low amid falling oil prices and a weaker US Dollar (USD). Traders continue to assess the latest Federal Reserve (Fed) rate hike and policy cues.

Author FXStreet

Yesterday 01: 32

Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. The precious metal rebounds from a six-week low amid falling oil prices and a weaker US Dollar (USD). Traders continue to assess the latest Federal Reserve (Fed) rate hike and policy cues.

US to delay new "overcapacity" tariffs on China — what the pause means for trade, inflation and the dollar Washington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.

Author Mitrade

23 hours ago

Washington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.

Popular Symbols