The Solana-based meme coin launchpad, Pump.fun, has concluded the initial coin offering (ICO) for its native cryptocurrency, PUMP. Although the platform completed the public sale in 12 minutes, there are some controversies surrounding it. Data from the Pump.fun token website shows that the launchpad raised $500 million during the sale. The platform sold 12.5% of […]
In an attempt to double down on platforms that better serve its user base, the largest stablecoin issuer, Tether, has decided to wind down support for its flagship product, USDT, on five blockchains. According to a blog post by the company, the blockchains to be affected include Omni Layer, Bitcoin Cash Simple Ledger Protocol (SLP), […]
After months and months of sideways action and little to no volatility, especially in the past few weeks, Ripple’s native token finally went on the offensive yesterday, breaking out of its consolidation phase and skyrocketing to a new multi-month peak. Here are some of the possible reasons behind this impressive price surge that drove XRP […]
TL;DR Robinhood’s “lowest cost” crypto claim is under state investigation for potential misleading marketing. Florida AG subpoenaed internal records to verify Robinhood’s claim of being the cheapest crypto trading platform. Despite scrutiny, Robinhood pushes global crypto growth with $200M Bitstamp acquisition completed. Florida Launches Investigation into Robinhood Crypto Robinhood Crypto LLC is facing a state-level […]
A looming $12.8 billion debt maturity wall could threaten the sustainability of major Bitcoin Treasury Companies (BTC-TCs) like Marathon Digital and Nakamoto by 2028. This is according to a new Keyrock report showing that while such firms collectively hold more than 725,000 BTC, their reliance on capital markets and negative cash flows for acquisitions has […]
BitMEX co-founder Arthur Hayes has decisively flipped bullish and even announced that Maelstrom Fund is “backing up the truck.” The exec’s comments came as Bitcoin (BTC) broke through its all-time high above $118K on strong volume. He also revealed that Ethereum (ETH) began to follow with potential outperformance, and markets began pricing in a Trump […]
Around 36,800 Bitcoin options contracts will expire on Friday, July 11, and they have a notional value of roughly $4 billion. This event is larger than last week’s expiry but unlikely to be enough to influence spot markets, which have performed better towards the end of the week. US President Trump’s tariff deadline came and […]
Ethereum has made a rare move north today, adding 7% in under 24 hours to reach $2,787 during early trading in Asia on Thursday morning. The four-week high is the highest the asset has traded since June 12, when it reached $2,870. However, heavy resistance lies at this level, and Ether has not traded above $3,000 […]
Japanese energy consulting firm, Remixpoint, has announced that it has raised approximately 31.5 billion yen, worth around $215 million, through financing. All funds are allocated for the acquisition of Bitcoin. The company aims to hold 3,000 BTC in the near term. However, it warned that fluctuations in the crypto asset’s prices and its own stock […]
We’re only halfway through the year, but Ripple’s stablecoin, RLUSD, has made a serious entrance into the ranks of industry leaders. While some of the company’s plans may have seemed speculative, its steps into the TradFi space are steadily being solidified. Decisively Climbing The Ranks RLUSD quickly made waves by being designed to be Markets […]