Solana started its 10% price reversal less than an hour after Pump.fun completed the second transaction of the $55 million Solana transfer to Kraken exchange. Source: https://cointelegraph.com/news/sol-price-reversed-189-pump-fun-s-55-m-solana-sale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
What is multichain self-custody, and why does it matter?
Multichain custody gives you more security and control over your digital assets in the increasingly interconnected world of Web3. Source: https://cointelegraph.com/explained/what-is-multichain-self-custody-and-why-does-it-matter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
No, Professor Quiggin, Crypto Is Not Worthless: Australia Should Prepare for the Rise of Digital Assets
Critics like John Quiggin question bitcoin’s legitimacy, comparing it to worthless assets, but the value of any commodity, including bitcoin, often depends on community recognition and market demand. The analogy of the diamond rush in Zimbabwe illustrates that value is often realized only when a market exists. Australian Treasurer Wants Country to Be Proactive When […] Source: https://news.bitcoin.com/no-professor-quiggin-crypto-is-not-worthless-australia-should-prepare-for-the-rise-of-digital-assets/
Crypto whale up $11.5M on AI token position in 19 days
Crypto whales are betting big on AI tokens following the first autonomous onchain transaction between two AI agents. Source: https://cointelegraph.com/news/crypto-whale-up-11-5-m-ai-token-19-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
China Enforces Stricter Crypto Monitoring to Curb Illegal Transactions
China’s foreign exchange regulator has imposed stricter controls on cryptocurrency-related activities, requiring banks to monitor and report high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks track foreign exchange behaviors linked to underground banking, cross-border gambling, and illegal crypto transactions. These measures compel banks to assess the identity, funds, and frequency of […] Source: https://news.bitcoin.com/china-enforces-stricter-crypto-monitoring-to-curb-illegal-transactions/
Pump.fun’s daily revenue jumps to $14M on Jan. 2
Data showed that Pump.fun generated over 72,000 SOL tokens worth about $14 million in one day. Source: https://cointelegraph.com/news/pump-fun-daily-revenue-14-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Memecoins represent ‘fundamental shift’ in value creation — DWF Labs
DWF Labs said memecoins have evolved from satire into a market vertical attracting significant capital. Source: https://cointelegraph.com/news/memecoin-shift-value-creation-dwf-labs-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders see 'massive' $130K+ BTC price next as TradFi returns
The return of the Bitcoin bull market — and new all-time highs — is “right around the corner,” confident traders say. Source: https://cointelegraph.com/news/bitcoin-traders-massive-130k-btc-price-next-trad-fi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
January crypto airdrops to hand out $625M in JUP, 7% supply of SONIC
Eligible users of Jupiter and Sonic — both in the Solana ecosystem — will receive airdrops in the coming weeks. Source: https://cointelegraph.com/news/airdrops-heading-jupiter-sonic-users-january?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uniswap teases v4 is ‘coming soon’ after missing its Q3 target last year
Uniswap hinted that the latest iteration of its DeFi platform will come out this year. It was undergoing testing for the duration of 2024. Source: https://cointelegraph.com/news/uniswap-teases-v4-coming-soon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound