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.
Ethereum co-founder and Consensys CEO Joseph Lubin simply gave ETH bulls one thing to chew on. In a post on X, he applauded Fundstrat’s Tom Lee on his imaginative and prescient for the way forward for finance and the increasing function of Ethereum in conventional establishments. “Sure, ETH will possible 100x from right here. Most…
Fresh US Securities and Exchange Commission (SEC) staff guidance on liquid staking is stoking expectations that US regulators will soon allow staking within spot crypto exchange-traded funds (ETFs). Co-founder of The ETF Institute Nate Geraci called the guidance “the last hurdle” before the SEC can approve staking in spot Ethereum (ETH) ETFs. Furthermore, he noted…
According to Gold Telegraph, it’s “likely” that Russia is buying silver for its reserves, sending shockwaves by way of valuable metals markets. For the primary time, a central financial institution is disclosed to be actively accumulating silver, marking a pointy shift in world reserve technique and a “monumental” second for silver itself. A brand new…
On Thursday, Ripple, the corporate behind the XRP cryptocurrency, announced a major step ahead in its progress technique with the $1 billion acquisition of GTreasury, a number one participant in treasury administration techniques. Ripple’s GTreasury Deal The acquisition of GTreasury marks a pivotal enlargement for Ripple, granting it quick entry to the multi-trillion greenback corporate…
The Office of the Comptroller of the Currency (OCC) — the bureau liable for regulating and supervising all nationwide banks — has introduced that US monetary establishments could maintain crypto belongings to cowl blockchain community charges. National Banks Allowed To Manage Crypto In a letter launched on Tuesday, the OCC said that banks are permitted…