Markets

The Solana blockchain saw the launch of 30 meme tokens by celebrities last month, including those from notable figures like Andrew Tate and Soulja Boy, according to Jupiter Slorg’s recent statistics. On average, they have fallen by 94% from their peak values, with the top-performing tokens still suffering losses of over 70%, while half saw their values diminish by more than 99%. Celebrity Meme Tokens Are Struggling Currently, 22 out of the 30 recently launched celebrity meme...

Marathon Digital, the world’s largest Bitcoin mining company, has announced its latest purchase of $100 million worth of BTC, increasing its stash to more than 20,000 BTC. According to a press release, Marathon is changing its approach to its Bitcoin treasury policy and adopting a full HDOL strategy. This means that the miner will hold all BTC produced during its operations and will periodically make more open-market purchases going forward. Marathon Adopts BTC HODL Strategy...

Coinbase’s UK unit – CB Payments Limited (CBPL) – was fined $4.5 million by the UK financial regulatory agency, the Financial Conduct Authority (FCA), for repeatedly violating a requirement that barred the firm from providing services to high-risk customers. While CBPL itself does not handle crypto transactions for customers, it serves as a “gateway” for trading through other entities within the Coinbase Group. However, CBPL is not currently registered to conduct crypto...

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U.S. Senator J. D. Vance speaking with attendees at The People's Convention at Huntington Place in Detroit, Michigan. Foto CC 2.0 by Gage Skidmore, Wikipedia America goes Bitcoin; zumindest wenn das Zweierticket JD Vance und Donald Trump gewählt werden. Einerseits spricht Trump in diesen Tagen an der grossen Bitcoin-Konferenz in Nashville. Andererseits ist JD Vance selber mit einem ziemlich hohen Betrag in Bitcoin investiert. 100’000 – 250’000 US-Dollar sollen es sein. Das...

As ETH ETFs launched on July 23 with tremendous anticipation, many were anxious about its performance. However, they did great in the eyes of analysts and market observers, raking in about $107 million on their first day of trading. Bloomberg’s James Seyffart left an update on X, “First full day of flows for the ETHness stakes are in. The Ethereum ETFs took in $107 million.” BlackRock’s and Bitwise’s funds led the inflows. “@BlackRock’s $ETHA lead the way with $266.5 million followed by...

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The Telegram mini-game scene is exploding. Millions of players are flocking to these games, eager to tap their way to riches and earn crypto tokens. But a shadow of doubt hangs over this burgeoning market. While players rack up in-game tokens, few projects offer concrete dates for token listings, leaving players with hope but no guarantee. Amidst this whirlwind of excitement and uncertainty, Battle Bulls, the first one in the “Battle Games” series, emerges as a beacon of clarity. This...

The volatile crypto market makes finding a high performer feel like discovering a rare gem. The WEEX Token (WXT), recently introduced by the WEEX crypto exchange, has seen an astonishing 30% growth since its launch two weeks ago. This asset appears to defy market trends, leading to an investigation of WXT’s early success, market performance, and future growth prospects compared to other utility tokens. WXT is an ERC-20 utility token on the WEEX Exchange that offers several incentives to...

Fold, a popular Bitcoin financial services platform, has confirmed arrangements to become a publicly traded company on the NASDAQ stock exchange. The firm’s entry will add another tally to the growing list of public stocks that keep a large swath of Bitcoin directly on their balance sheet. Bitcoin Banking Gone Public Per a press release on Wednesday, Fold said it had entered a definitive agreement with FTAC Emerald, a special purpose acquisition company. The proposed business...