Blockchain
Co-founder of Pump.fun Refutes Claims of $436 Million Cashout, Clarifies Treasury Operations
The co-founder of Pump.fun explained recent movements of USDC, stating they were part of normal treasury management rather than a cashout.
Business
MoonPay Gains Trust Charter in New York, Enhances Regulated Services
MoonPay has obtained a trust charter from New York's Department of Financial Services, enabling it to broaden its range of regulated services in the crypto sector.
Business
Tether's Shift: From Stablecoin to Central Bank-Like Operations
Tether is evolving beyond a basic stablecoin issuer, emulating central bank functions with its reserves and policy decisions.
Finance
Ripple Decides Against IPO Even After SEC Case Settlement
Ripple, despite significant growth and new investors, will not pursue an IPO after resolving its legal battle with the SEC.
Crypto
Evernorth Faces Significant XRP Losses Amid Crypto Market Pressure
Evernorth, a treasury firm focused on XRP, has reported substantial unrealized losses, highlighting the challenges faced by digital asset treasury companies in the current crypto downturn.
Cryptocurrencies
Bitcoin Dips Below $101K: Analysts Believe BTC Is Being Undervalued Based on Fundamentals
Despite Bitcoin's drop to new lows, analysts assert that its fundamentals indicate it is trading at a significant discount.
News
Australian Authorities Unravel Coded Crypto Wallet and Seize $5.9 Million
The Australian Federal Police successfully decrypted a crypto wallet containing A$9 million, thanks to a skilled data scientist.
Crypto
Bitwise's Solana Staking ETF Achieves Impressive $55M in Initial Trading Volume
The Solana staking ETF from Bitwise experiences a remarkable trading volume on its first day, leading among crypto ETFs this year.
Crypto
Jupiter to Fully Launch Its New Predictions Market by 2026
Solana DEX Jupiter has introduced a beta predictions market in partnership with Kalshi, with plans for a full rollout by late 2025.
Crypto News
Crypto Executives Gather at Trump's Fundraising Dinner
Executives from prominent cryptocurrency companies attended a fundraising dinner hosted by Donald Trump to support the construction of a new ballroom in the White House.
Crypto
The Rising Correlation Between Bitcoin and Gold Amidst Economic Uncertainty
Bitcoin's correlation with gold surges above 0.85, as both assets become increasingly favored by investors amid inflation and global instability.
Crypto
Bitcoin Sees $124K as Critical Level Amid Latest Price Changes
Bitcoin fluctuates around $123,200 after reaching new all-time highs, raising concerns over increasing open interest.
Blockchain
DefiLlama Removes Aster Perpetual Trading Data Amid Integrity Worries
DefiLlama has decided to delist the perpetual trading volume data of Aster due to concerns over data integrity, with a significant correlation noted with Binance's trading volumes.
Crypto
Coinbase Seeks National Trust Company Charter Without Aspiring to Become a Bank
Coinbase is aiming for a National Trust Company Charter in the U.S. while maintaining its commitment to not operate as a traditional bank.
Markets
Retail Ether Longs Surge to 94% Amid Mixed Market Signals
As retail Ether long positions reach 94%, experts warn of potential market reversals despite continued institutional buying.
Crypto
UK Tax Agency Increases Warning Letters for Crypto Tax Compliance
HMRC has significantly intensified its scrutiny over cryptocurrency investments, issuing more warning letters to investors in an effort to ensure compliance with tax regulations.
Crypto
Binance Unveils New Crypto Concierge Service for Wealth Management
Binance has launched a specialized service catering to family offices and asset managers looking to enter the crypto market.
Biotechnology
Enlivex to Raise $212 Million with Matteo Renzi Joining the Board
Enlivex, a Nasdaq-listed biotech company, aims to raise $212 million for investment in a decentralized prediction market token, appointing former Italian Prime Minister Matteo Renzi to its board for strategic guidance.
Cryptocurrency News
Concerns Over Zcash's Impact on Bitcoin According to Bloomberg Analyst
Eric Balchunas warns that Zcash could undermine Bitcoin's political and cultural backing.
Crypto
Crypto Treasury Challenges Persist as Bitcoin Prices Fall
The continuous decline in cryptocurrency performances raises alarms for corporate crypto treasuries, complicating their efforts to secure funding for new digital asset initiatives.
