Coinbase is reportedly in late-stage talks to acquire stablecoin infrastructure startup BVNK in a $2 billion deal. This move would significantly bolster Coinbase’s stablecoin infrastructure, occurring just months after the GENIUS Act introduced regulatory clarity to the stablecoin space.
The acquisition could close by early 2026, according to sources cited by Bloomberg. Founded in 2021 and based in London, BVNK offers enterprise-grade stablecoin payment solutions and boasts notable backers such as Citi Ventures, Visa, and Haun Ventures. Coinbase Ventures is already an existing investor in the startup.
This deal highlights the increasing importance of stablecoins as a revenue stream for Coinbase. In the third quarter of 2025, stablecoin-related income contributed $246 million, representing approximately 20% of the exchange's total earnings, underscoring their growing significance in Coinbase's business model.
The acquisition aligns with a broader trend of increased corporate adoption of stablecoins, following the passage of the GENIUS Act in July. This legislation established clear compliance rules, thereby legitimizing stablecoins for institutional use.
Visa recently launched a pilot program utilizing stablecoins for cross-border settlements. By aggressively pursuing infrastructure like BVNK, Coinbase aims to position itself at the forefront of the next wave of blockchain-based payments within a newly regulated digital financial ecosystem.
Top Altcoins to Watch: DeepSnitch AI, Chainlink, and Sui
As the market evolves, significant capital is flowing into early-stage Web3 projects. Investors are particularly optimistic about projects like DeepSnitch AI, which has raised over $500K rapidly, with many believing it could deliver substantial returns.
DeepSnitch AI
While established projects like Chainlink and Sui may offer moderate gains, the most explosive growth potential is often found in early-stage tokens with demonstrable utility. This is precisely why DeepSnitch AI is attracting considerable investor interest.
Unlike large, established projects, DeepSnitch AI is in its early development phase, building an AI-powered ecosystem comprised of five intelligent agents designed to assist users in navigating the crypto market.
These agents are engineered to scan various sources, including on-chain activity, Telegram alpha groups, scam alerts, and insider signals, delivering this information in real time directly to users via Telegram.
DeepSnitch AI's strategy focuses on integrating directly into Telegram, a platform where a significant portion of the crypto community already resides. If even a small fraction of Telegram's 1 billion users adopt DeepSnitch AI, it could potentially rival established platforms like Phantom wallets or dYdX.
Although the full suite of AI agents is still being deployed, the project's staking program is live, and investor confidence is evident with over 11 million DSNT tokens staked as of November 3.
Chainlink
Chainlink is demonstrating significant upward momentum. A rapid decrease in exchange reserves, coupled with consistent accumulation by long-term holders, suggests that the $100 price target is becoming increasingly attainable. LINK is solidifying its position as essential infrastructure for the broader financial landscape.
Initially developed as an oracle service, Chainlink has expanded its capabilities to power real-time data across more than 40 blockchains through its DataLink platform.
Its influence extends into traditional finance as well. A recent collaboration with FTSE Russell brought assets valued at $18 trillion, including indices like the Russell 1000 and FTSE 100, onto the blockchain. This development has captured the attention of Wall Street.
On-chain activity further corroborates this trend. Over the past month, more than 15 million LINK tokens have been withdrawn from exchanges, reducing the circulating supply from 180 million to 146 million.
This significant outflow indicates strong investor conviction and sets the stage for a potential supply squeeze. In terms of price action, LINK is currently consolidating within a symmetrical triangle formation around the $15 mark. Analysts suggest that a successful breakout could lead to a surge towards $100.
Sui
Sui is building upward pressure near a critical breakout zone. Following a pullback from its October high of $3.50, the token has consolidated around $2.36 as of November 3, resting on a rising trendline. Traders are closely monitoring the $2.50 level; a decisive breach could pave the way for a move towards $7.60.
Despite market fluctuations, Sui has consistently maintained support above the $1.80-$2.10 range. Some analysts anticipate a short-term dip to $1.50, which could potentially shake out less committed investors before renewed buying interest emerges. The upcoming unlock of 43.9 million tokens on December 1 will be a key test. If Sui can sustain levels above $2 post-unlock, it could signal underlying strength.
Momentum for Sui is growing, with its Total Value Locked (TVL) now exceeding $1.2 billion. The recent launch of HyperSui, a new decentralized exchange, which raised $2 million, further underscores this positive trend. All eyes are on the $2.50 resistance level; a successful flip could propel Sui past its previous highs and towards the $7.60 target.
Closing Thoughts
While Coinbase is instrumental in developing the infrastructure for the future financial system, DeepSnitch AI is focused on providing the navigational tools. This positions DeepSnitch AI as a compelling altcoin investment opportunity currently.
With over $500K raised and early investors already experiencing a 42% gain, the project is generating significant buzz. Its AI agents actively scan Telegram, X, and the blockchain to identify early opportunities and potential risks, delivering insights directly to users' chat interfaces.
Currently priced at $0.02157, DeepSnitch AI remains in its early stages. However, large investors are reportedly accumulating the token, viewing it as a potential major cryptocurrency success.
FAQs
Why is DeepSnitch AI considered a top altcoin to buy now?
DeepSnitch AI distinguishes itself by combining AI-driven trading tools with native Telegram accessibility, offering tangible utility even at its presale stage. Having raised over $500K and seen a 42% price increase, it is identified as a promising altcoin poised for growth this cycle.
What sets DeepSnitch AI apart from other trending altcoins this week?
Unlike many altcoins that rely heavily on hype, DeepSnitch AI focuses on delivering practical value. Its suite of five AI agents diligently scans the internet for early market signals, potential scams, and undervalued assets, providing traders with a competitive edge.
How does DeepSnitch AI compare to other 2025 presales?
While many presale projects make broad promises without a concrete product, DeepSnitch AI already offers functional tools such as SnitchFeed and a verified staking program. Supported by audits and a clear development roadmap, it stands out as one of the most promising altcoins available for purchase, according to platforms like DeepSeek.
What is the potential for DeepSnitch AI to achieve a 100x return?
Given its current token price of $0.02157 and a market capitalization below $1 million, DeepSnitch AI possesses significant potential for expansion. This is a primary reason for its inclusion in DeepSeek's current altcoin recommendations.