> ## Content Index > Fetch the complete content index at: https://blog.1token.tech/llms.txt > Use this file to discover other available public pages before exploring further. # New All-Time High: Bitcoin But Not ETH - URL: https://blog.1token.tech/new-all-time-high-bitcoin-but-not-eth/ - Published: 2024-11-12T06:35:20.000Z - Updated: 2024-11-12T06:35:20.000Z - Description: Binance and Coinbase clash over listing fee claims, with industry leaders sharing mixed experiences. Bitcoin hits a new all-time high, while Ethereum lags. Meanwhile, USDG, a yield-sharing stablecoin, enters the market, aiming to challenge established players. - Author: 1Token - Tags: Market Digest ### Listing Fee: Binance vs. Coinbase The discussion began with a tweet from a project team claiming that Binance requires 15% of the token supply as a listing fee. In response, Coinbase CEO Brian Armstrong stated that [Coinbase does not charge anything for listing](https://x.com/brian%5Farmstrong/status/1852768096056139922?ref=blog.1token.tech). Andre Cronje then joined the conversation, tweeting that Binance had charged nothing for listing his project, whereas Coinbase had previously requested various amounts: $300 million, $50 million, $30 million, and, more recently, $60 million. This sentiment was [echoed by Justin Sun](https://x.com/justinsuntron/status/1853316713628246458?ref=blog.1token.tech), who commented on TRON's experience. He noted that Binance charged no listing fee, while Coinbase required a payment of 500 million TRX (valued at $80 million) and requested a $250 million BTC deposit in Coinbase Custody to support their performance metrics. Additionally, Yuanjie from Conflux shared (in a tweet that was later deleted) that Binance did not charge a listing fee, though there was a 150,000 BUSD deposit that was forfeited due to the token’s performance. He also mentioned a security deposit of 5 million $CFX tokens, which was eventually refunded as there were no security breaches within the Conflux Network. ### New All-Time High (ATH): Bitcoin but Not Ethereum A humorous remark made rounds last week, noting that both BTC and ETH were still $2,000 below their peak prices. However, following Donald Trump's presidential election victory, Bitcoin surged past $80,000, reaching a new all-time high. Many now anticipate that Bitcoin could surpass $100,000 by the end of the year. Meanwhile, speculation surrounds whether COIN stock will also achieve a new ATH soon. In contrast, Ethereum (ETH) remains significantly below its peak, facing numerous unresolved concerns within the community. ### USDG: A New Yield-Sharing Stablecoin A coalition of fintech firms, including Robinhood, Kraken, and Galaxy Digital, has introduced a new stablecoin called [USDG](https://paxos.com/blog/introducing-global-dollar-network-an-open-network-to-accelerate-and-reward-global-stablecoin-adoption-driven-by-anchorage-digital-bullish-galaxy-digital-kraken-nuvei-paxos-and-robinhood/?ref=blog.1token.tech) under the Global Dollar Network initiative. Pegged to the US dollar, USDG is designed to maintain a stable value while distributing rewards generated from its holdings, incentivizing broad participation. Similar to the previously introduced USYC, USDG offers yield distribution but employs a different method. The introduction of such incentives raises questions about whether USDG could challenge established stablecoins like USDT or USDC, which currently dominate in terms of liquidity. --- # 1Token’s Service Rooted from crypto quant trading, 1Token's Crypto PMS, RMS and Portfolio Accounting Software has the unique trading know-how and technology capabilities to build: - Up-to-date and high confidence connection to all crypto trading venues, across DeFi and CeFi - Top-down, bottom-up crypto P&L calculations, and crypto fund reconciliation of top-down and bottom-up results - Real-time crypto trading metrics calculation, monitor and alerts tailor-made for different types of crypto funds, crypto FoFs and crypto prime brokers - T+0 crypto shadow NAV accounting system with subscription, redemption, dividend, cost accruals --- ## Follow us [1Token on LinkedIn](https://www.linkedin.com/company/1token/?ref=blog.1token.tech) [1Token on Telegram](https://t.me/Crypto1Token?ref=blog.1token.tech) [1Token on Twitter](https://twitter.com/Crypto1Token?ref=blog.1token.tech)