Author: NBTC
Solana-based token deployer, Pump.fun, has achieved a major milestone with its total revenue surpassing 1 million Solana. This figure, valued at around $188.5 million, brings Pump.fun close to claiming the $200 million revenue mark. Launched in January, the platform has seen rapid growth, reaching the $100 million milestone last month, in just 217 days. Pump.fun revenue | Source: Dune As reported by crypto.news, this revenue surge made Pump.fun the fastest application in the crypto scene to claim a revenue of $100 million. Since then, revenue has grown by another $88 million. The recent growth spike has been driven by two…
An advisory committee of the Commodity Futures Trading Commission has voted in favor of allowing tokenized assets to be used as collateral for margin trading. The CFTC’s Global Markets Advisory Committee forwarded the recommendation around these blockchain or distributed ledger technology assets via its digital assets markets subcommittee, according to a press release on Nov. 21. The proposals will now proceed to the full GMAC Committee, with the next steps to be determined by the CFTC, the U.S. derivatives markets regulator. This development could lead to tokens of money-market funds like BlackRock’s BUIDL and Franklin Templeton’s FOBXX being used as…
There has been a dramatic retracing on the cryptocurrency market, with Bitcoin momentarily falling below the crucial $67,000 mark, leading to extensive liquidations. The liquidation of over $193 million in positions, the majority of which were long positions, suggests that the bullish momentum may be waning. Following its recent surge, traders are beginning to cash out or face forced liquidations, indicating hesitancy on the part of Bitcoin, which is frequently referred to as digital gold. According to the liquidation heatmap, Bitcoin comes in second, with $46.75 million in liquidated positions, while Ethereum leads with $57.43 million. This indicates that there…
Artemis Coin ($ARTMS) raised $680,000 during its presale phase, which marks a most important milestone that proves strong investor confidence and market validation. This achievement positions Artemis Coin as a notable player in the digital currency space. The project sets a new standard for presale success with listings on seven major cryptocurrency exchanges. These strategic collaborations along with Artemis Coin’s multi-blockchain support and e-commerce integration plans show how the project aims to expand in the market. Cryptocurrency enthusiasts and investors will learn about the secured exchange partnerships, tokenomics structure, and the project’s future roadmap in this analysis. Artemis Coin’s Presale…
Gary Gensler is officially stepping down as SEC Chair, and this has sent shockwaves through the crypto world, especially for XRP holders. His resignation, effective January 20, 2025, comes after years of tension between the SEC and Ripple over the XRP lawsuit. With Gensler out, many in the XRP community are celebrating, as they see it as the end of one of the biggest hurdles to XRP’s success. There’s growing speculation that the SEC is calling an emergency meeting regarding the Ripple settlement, with some reports linking it to mounting pressure from former President Donald Trump. It’s speculated that the…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
There are various hypotheses circulating that imagine a crash in the price of Bitcoin today or in the coming days. In fact, in recent days it has fallen, probably due to a trend reversal, but these are still almost irrelevant movements in the medium/short term. A negative signal for the price of Bitcoin The possible crash of today’s Bitcoin price The decline in the price of Bitcoin Bull run around the corner after today’s Bitcoin price crash? The Dollar Index A negative signal for the price of Bitcoin In particular, yesterday the charts showed a clear negative signal for the…
Liquidus, a prominent innovator in the DeFi sector, has recently released its long-awaited roadmap for the upcoming 2 quarters. As per Liquidus, this roadmap plays a crucial role while it readies to unveil several landmark updates to improve the consumer experience as well as promote thorough stakeholder engagement. Liquidus Introduce an Exclusive Roadmap to Expand the DeFi Landscape The platform provided the details of the new roadmap on its official account on Medium. Liquidus mentioned that the roadmap shows its commitment to expanding the DeFi sector. With this endeavor, the platform intends to maintain its dominance in the overall market.…
The Swell conference, Ripple’s annual gathering, has become a pivotal event in the blockchain industry, attracting industry leaders, regulators, and Ripple’s global partners. Held in Miami, Swell 2024 showcased the latest developments in digital finance, including themes around crypto regulation, stablecoins, and the integration of artificial intelligence in financial services. One of Swell’s hallmark traditions is the unveiling of Ripple’s product roadmap—a moment eagerly anticipated by attendees each year. This year’s roadmap presentation was led by Ripple’s President, Monica Long, and Senior Vice President of Product, Aaron Slettehaugh. Together, they highlighted Ripple’s expanding product suite and its commitment to bridging…
Digital currency exchange Upbit is under investigation by South Korea’s Financial Services Commission (FSC) for allegedly violating the country’s Know Your Customer (KYC) regulations, while Hong Kong issued a stern reminder for digital asset service providers on the need to comply with its licensing regime to avoid misleading the public, as both countries heightened their measures following a string of collapses. Financial authorities are probing Upbit for allegedly onboarding new customers without proper background checks, according to information gathered by local daily Maeil Business Newspaper. The Financial Intelligence Unit (KoFIU), which operates under the division of FSC, serves as the…