Perpetual contracts for the cryptocurrencies USELESSUSDT and NEWTUSDT have been introduced by OKX.
Lowkick Studio has made waves in the gaming world by launching the $SHARDS token for its upcoming MMORPG, WorldShards, on top-tier exchanges. Meanwhile, Useless Coin (USELESS) continues to hold a significant market presence, with a current price of $0.36 and a market cap of $358.97 million, according to CoinMarketCap data. However, the token experienced a 38.81% decrease in its 24-hour trading volume, standing at $30.85 million.
In a notable move, OKX launched perpetual contracts for USELESSUSDT and NEWTUSDT on July 25, 2025, at 6:00 PM and 6:15 PM (UTC+8), respectively. The launch of these contracts could potentially increase trading volumes initially, but the success of these contracts depends on continuous trading engagement and broader adoption. The perpetual contract offerings by OKX may also alter market perception of meme and DeFi tokens.
Elsewhere, Coinbase has enabled support for AWE on the Base Network, and Firefly is preparing for its token launch following independence from Mask Network. Enthusiasts highlight potential gains from increased market engagement, while investors remain cautiously optimistic about potential benefits.
In the regulatory sphere, the Pakistan Central Bank has revised its cryptocurrency trading stance, and the Shanghai Cooperation Organization has enhanced its blockchain and digital collaboration. Regulatory scrutiny and competitive exchange strategies are likely influencers moving forward.
Notably, Useless Coin has seen a significant price surge of 314.42% over the past 60 days. This surge underscores the growing visibility of meme coins and DeFi in mainstream crypto markets.
In other news, Yingyu Universe has invested HKD 300M in Guofu Quantum Shares, and Bybit has established a new B2B unit to drive institutional adoption of digital assets. The launch of these contracts by OKX and the success of Useless Coin highlight the dynamic and evolving landscape of the crypto market.
Lastly, World Liberty has blacklisted Justin Sun's wallet, freezing billions in tokens. As the crypto market continues to evolve, it is essential to stay informed about these developments to make informed decisions.
In April 2025, ChainCatcher is set to host a major crypto conference, providing a platform for industry leaders, developers, and enthusiasts to discuss the future of blockchain technology and digital assets. Stay tuned for more updates on these exciting developments in the world of cryptocurrency.
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