Pump.fun private sale investors send over $160M to exchanges

Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction.

Pump.fun whales have sent over $160 million in tokens to exchanges as PUMP drops below its ICO price, triggering fears of a broader memecoin market correction.
Fidelity and Canary have moved a step nearer of their bid to launch altcoin-focused exchange-traded funds (ETFs) within the United States. On Sept. 11, the Depository Trust & Clearing Corporation (DTCC) quietly added three spot ETF merchandise, together with Fidelity’s Solana ETF (FSOL), Canary’s HBAR ETF (HBR), and Canary’s XRP ETF (XRPC), to its platform….
Paul Atkins, the newly appointed chair of the US Securities and Exchange Commission (SEC), has boldly declared that “crypto’s time has come,” marking a pivotal second within the regulator’s method to digital belongings. Atkins Declares End To ‘Weaponization’ Of Regulation Delivering a keynote handle on the inaugural OECD roundtable on world monetary markets, Atkins expressed…
Democrat lawmakers have launched a complete legislative blueprint geared toward reshaping U.S. digital asset regulation, proposing to shut longstanding gaps in crypto oversight and restore investor confidence within the practically $4 trillion market, in accordance to a newly released framework. The proposed plan would grant the Commodity Futures Trading Commission (CFTC) full jurisdiction over spot…
Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion. Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the…
The 5 crypto exchange-traded funds (ETFs) from REX Shares and Osprey Funds are possible to debut solely next week with a structure akin to their Solana SSK ETF, regardless of the Securities and Exchange Commission (SEC) approval. The REX-Osprey ETFs employed a registered funding firm (RIC) structure, which distinguishes them from each conventional spot crypto…
Swedish opposition MPs from the Sweden Democrats filed a parliamentary movement on Oct. 2, urging the federal government to discover a nationwide Bitcoin (BTC) reserve. The proposal is framed as diversification alongside kronor and gold, seeded partly with seized crypto. Additionally, it holds express skepticism about central financial institution digital currencies (CBDCs). On the identical…