Cryptocurrency
Pump.fun’s Token Factory: 10K in 3 Hours, But is it Sustainable?
Pump.fun's revenue exceeds the top 20 protocols, sparking concerns over market saturation. Traders express frustration as Pump.fun's ease of token creation leads to increased scams.…
Why Bitcoin Prices Slipped on Major Exchanges
Bitcoin slippage surged during the August 5 sell-off, particularly on Japanese exchanges and less liquid pairs. Coinbase’s BTC-EUR pair saw extreme volatility due to lower…
Deepfake Ads & Crypto Scams: Meta Faces Legal Challenge
U.S. Judge Casey Pitts approves Andrew Forrest's lawsuit against Meta. Forrest claims Meta's software enabled over 1,000 deceptive ads using his identity. The case raises…
Analyst Predicts Crypto Crash if US Recession Hits
The US economy is setting its course to a recession by December, said analyst Henrik Zeberg. Zeberg predicted that as the economy crashes, the Fed…
El Salvador Secures $1.6B for Bitcoin City Port Transformation
El Salvador secures historic $1.6B investment for port upgrades, including the future Bitcoin City's location. Turkish company Yilport Holdings to lead the modernization efforts. President…
South Korea Mandates Insurance for Closed Crypto Exchanges
South Korea mandates insurance for defunct crypto exchanges to protect user assets. Virtual Asset User Protection Act enforces strict measures on crypto exchanges' operations. Non-compliance…
Coinbase CLO Pleads for Court Relief in SEC Document Standoff
Coinbase's CLO requests court’s help in obtaining SEC documents. SEC resists Coinbase's discovery request, calling it irrelevant. Coinbase asserts its right to access documents for…
Only 66% of ETH Addresses in Profit: Time to Sell or Hold?
IntoTheBlock reports that only 66% of Ethereum addresses are currently profitable, a level not seen since October 2023. Ethereum’s RSI stands at 41.04, placing it…
Key U.S. Economic Data to Watch This Week: Impact on Crypto
Upcoming U.S. economic data releases will likely impact the volatile crypto market. Inflation figures (PPI, CPI) and jobless claims are key indicators to watch. The…
CRV Soars 36%: Inflation Reduction and Community Drive Rally
CRV price surges 36.84% in a week. The anticipated reduction in CRV inflation boosts investor sentiment. Shift to community-based CRV distribution could strengthen the token's…
