Crypto

Pump.fun, a platform that enables anyone to create and launch memecoins, concluded one of the largest and fastest initial coin offerings (ICOs) on Saturday. Within 12 minutes of the ICO going live, the platform raised $600 million from the sale of 15% of its token supply for $0.0040 each. The ICO, which ended far quicker […] The post Memecoin platform PumpFun concludes one of the fastest ICOs, raising $600M in 12 minutes appeared first on CryptoSlate.

High-risk trader James Wynn lost hundreds of millions of dollars in a matter of weeks by speculating on short-term price movements. Update (July 12, 2025 23:17 UTC This article has been updated to add more information on the last known state of James Wynn’s X profile. James Wynn, a crypto trader known for his high-leverage crypto bets, appears to have deactivated his X social media account, following nine-digit losses. Wynn’s X handle “JamesWynnReal” now routes to a page that says “This account doesn’t exist. Try searching for another.” Read more

When Bitcoin skeptic Peter Schiff started yet another rant about Bitcoin today, it was too much for Galaxy CEO Mike Novogratz. As a salty Schiff began calling Bitcoin’s capped supply “meaningless” and “arbitrary,” Novogratz fired back: “Why do you hate $BTC so much? You have been wrong on it for a decade. A flexible mind […] The post Novogratz calls out Schiff’s decade-long Bitcoin blunders appeared first on CryptoSlate.

CoinDCX's CEO, Sumit Gupta, refuted allegations of moving user funds to non-compliant entities in Lithuania.

These blockchains played a foundational role in Tether’s growth; however, their USDT volume has significantly declined in the last two years.

Seamus Rocca warned that the next Bitcoin market downturn could be sparked organically and not through a single catastrophic event. The four-year Bitcoin (BTC) market cycle of forming new all-time highs followed by deep corrections is not dead, contrary to popular belief, according to Xapo Bank CEO Seamus Rocca. In an interview with Cointelegraph, the CEO said that the risk of a prolonged bear market is still very real and does not need a “cataclysmic” event to trigger it. Things as simple as a general slowdown in news, developments, or routine portfolio rebalancing could cause the next market-wide downturn. He added: “The contagion effect could be as simple as there's no new news in the market,” causing the crypto sector to “run out of steam,” in an organic, drawn-out process, the CEO added. Read more

Experts say launching tokens for crypto games applies unnecessary pressure on development—and makes failures even more public.

Animoca Brands joins a growing list of companies adopting a Bitcoin treasury strategy or expanding their existing Bitcoin reserves. Web3 company Animoca Brands signed a non-binding memorandum of understanding (MOU) with DayDayCook (DDC) Enterprise, a meal-prep and packaged food company that recently adopted a Bitcoin (BTC) treasury strategy, to manage Animoca’s BTC holdings and generate a yield on those reserves. Animoca will allocate up to $100 million in BTC as part of the deal, according to a joint announcement from Thursday. Animoca Brands co-founder and executive chairman Yat Siu told Cointelegraph that DDC Enterprise was chosen in part because of CEO Norma Chu and her ability to cultivate a “substantial non-crypto following,” introducing the asset sector to the general public, which may not have had an interest in crypto otherwise. Siu also said: Read more

On Saturday, Stellar's XLM surged 6% to $0.3880, making it the top performer by percent change among the top 20 cryptocurrencies by market cap.

Bitcoin Perception's report shows elite media's neglect of Bitcoin during Q2, despite billions in corporate treasuries and ETF surges.

Venture capitalists and the Solana community touted the ICO as a showcase for capital formation in the age of internet capital markets. Memecoin launch platform Pump.fun raised $500 million in an initial coin offering (ICO) on Saturday, which sold out in about 12 minutes. The PUMP token has a maximum supply of 1 trillion, and 33% of the supply was allocated to the ICO. 24% of the supply was allocated to the ecosystem and future community projects, while 13% was reserved for existing investors, according to the memecoin platform. Of the 33% ICO allotment, 18% went to institutional investors, and 15% was offered to retail traders. Pump.fun’s ICO may signal the return of the memecoin sector, which experienced a sharp downturn after being one of the highest-performing asset classes in 2024. The public token sale also portends the resurgence of initial coin offerings, which fizzled out due to regulatory pressure in the United States under the reign of former Securities and Exchange Commission (SEC) chairman Gary G...

Bitcoin to the moon? Not so fast, experts say, as the asset has matured and is now being used by traders for more sophisticated bets.

The investment adds to the growing public ether treasuries, which currently hold over 1.34 million ETH, according to a public tracker.

US-based spot Bitcoin ETFs have recorded over $1 billion in inflows for two straight days, a first since their launch in January 2024. The post US Spot Bitcoin ETFs See Two Consecutive $1B+ Inflow Days for First Time appeared first on Cryptonews.

All 125 billion tokens sold at $0.004 each, giving PUMP a $4B fully diluted valuation; post-sale tokens stay initially frozen for up to 72 hours.

US Democratic lawmakers, led by House members Maxine Waters and Stephen Lynch, announced on July 11 that next week will be designated “Anti-Crypto Corruption Week.” The initiative aims to unite Democrats in opposing several pro-crypto bills that are currently under consideration in Congress, including the GENIUS Act, the CLARITY Act, and a proposed law aimed […] The post Democrats declare ‘Anti-Crypto Corruption Week’ to counter GOP crypto bills appeared first on CryptoSlate.

Binance leads BTC spot volume for 2025's first half, outpacing Bybit, Coinbase, and others.

XRP neared $3 after 80% rally, driven by whale transfers, ETF volume spike, and rising market momentum.

The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

While Elon Musk's $300 “Heavy” model puts up record-breaking benchmark scores, the basic Grok 4 struggles to keep up with competitors.