PUMP, the native token of Pump.Fun, dropped over 14% in 24 hours after founder Alon Cohen confirmed that there is no immediate token airdrop. During a live with Michael “ThreadGuy” Jerome, Alon noted that the PUMP airdrop “is not going to be taking place in the immediate future.” He added that the team will inform…
The growing intersection between traditional finance and digital asset infrastructure has taken another step forward, as Goldman Sachs and BNY Mellon announced a joint initiative aimed at integrating blockchain technology into the money market fund (MMF) ecosystem. The collaboration will see BNY Mellon leverage Goldman Sachs’ GS DAP® (also known as its private blockchain) to…
TThe total crypto market (TOTAL) and Bitcoin (BTC) seem to be taking a hit as the market cools down following recent rallies. Leading the altcoins is JasmyCoin (JASMY) with an 11% decline over the last 24 hours. In the news today:- FTX will begin its next bankruptcy repayment distribution on September 30, 2025, with August…
Tether is laying the groundwork for a fresh push into the US, spurred by a major shift in the country’s regulatory climate. CEO Paolo Ardoino told Bloomberg in an interview Wednesday that the company is moving ahead with its domestic strategy, following last week’s signing of landmark stablecoin legislation by US President Donald Trump. The…
For the first time in over a year, Ethereum has overtaken Bitcoin in spot trading volume, signaling a potential shift in investor sentiment. According to CryptoQuant, ETH recorded $25.7 billion in spot volume last week, surpassing Bitcoin’s $24.4 billion. The ETH/BTC volume ratio broke above 1 for the first time since June 2024, as traders…
Bitcoin’s recent price action reflects a consolidation phase rather than a decisive move in either direction. After briefly touching an all-time high of over $123,000 earlier this month, BTC has seen a gradual pullback, currently trading around $118,000 at the time of writing. This represents a 1.1% drop in the last 24 hours and a…
XRP price started a downside correction from the $3.650 zone. The price is now trading below $3.30 and remains at risk of more losses. XRP price started a downside correction below the $3.50 zone. The price is now trading below $3.450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…
Ethereum price started a downside correction from the $3,850 zone. ETH is now moving lower but might find bids near the $3,520 support zone. Ethereum started a downside correction below the $3,770 level. The price is trading below $3,680 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance…
The US Securities and Exchange Commission (SEC) on 22 July granted accelerated approval for NYSE Arca to list the Bitwise 10 Crypto Index ETF, a multi-asset product whose underlying portfolio includes XRP, Solana, Cardano and seven other digital assets alongside Bitcoin and Ether. The order, published as Release No. 34-103531, concluded that the proposal was…
The US Justice Department has dropped its criminal investigation into Kraken co-founder Jesse Powell. The investigation was launched in 2023 and did not focus on Powell’s crypto dealings. Instead, it centered on allegations from the Verge Center for the Arts – a nonprofit he founded – that he had hacked its accounts and blocked email…