Funding rates in perpetual futures tied to TIA are most negative since January, indicating a bias for shorts or bearish bets. Source
Tag: Token
Solana Token Soars 350% After Messi and Ronaldinho’s Promotion
On Monday, professional football player Lionel Messi promoted a Solana-based memecoin to his 504 million Instagram followers. The Argentine player shared a link to Watercoin (WATER), propelling the token by 350%. The crypto community has expressed concern about Messi’s endorsement of the project. Related Reading Global Football Stars Promote WATER Lionel Messi, one of the best players in football history, promoted a Solana project named Watercoin. The football player’s Instagram account shared an image of Messi with the project’s logo and a link to its Instagram page. Following the post,…
BONK leads meme coin rally with 25% surge amid token burn and whale activity
Solana-based meme coins Bonk (BONK) haw outshined all of the meme coins in the top 100 cryptocurrencies with over a 25% surge in the last 24 hours. At the time of writing, BONK was up 24.3% in the last 24 hours, exchanging hands at $0.000026 per data from CoinMarketCap. The crypto asset’s market cap had surpassed $1.8 billion, overtaking Dogwifhat (WIF), another Solana-based dog-themed competing meme coin whose market cap stood at 1.71 billion. BONK 24-hour price chart | Source: CoinMarketCap The meme coin’s daily trading volume had surgery 155%…
Weekly Crypto Roundup: Beldex Tops Gainers, Celsius Token Sinks 44%
On Monday, July 8, the global cryptocurrency market capitalization hovered around $2.11 trillion, reflecting a 0.42% increase over the past day. Although there was a modest uptick at the beginning of the week, only a few crypto assets recorded gains during this period. The top performer for the week was beldex (BDX), which climbed 23.08% […] Source CryptoX Portal
MEW Token Challenges Dog-Themed Memecoins on Solana Blockchain
Cat in a dog’s world (MEW) is a cryptocurrency project that stands out in the crowded Solana ecosystem memecoin landscape by adopting a unique cat-themed narrative. Launched on March 25, 2024, on the Solana blockchain, MEW aims to challenge the dominance of dog-themed coins like Dogecoin (DOGE) and Shiba Inu (SHIB). The project combines a strategic burning mechanism and intentional airdrops to build value, community, and scarcity. Within hours of its launch, MEW attracted significant attention, reportedly recording $150 million in transaction value and quickly…
When Do Secondary Token Sales Violate Howey?
A federal judge overseeing the U.S. Securities and Exchange Commission’s case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB. Source BitcoincryptoexchangeExchanges CryptoX Portal
Gala Games Partners with Animoca Brands to Boost Token, GALA Tanks 5%
CoinspeakerGala Games Partners with Animoca Brands to Boost Token, GALA Tanks 5% Gala Games, a Web3 and blockchain gaming firm, has partnered with Animoca Brands, a prominent venture capital and gaming firm based in Hong Kong. The two entities will work towards the development of the GALA token. The collaboration aims to enhance the users’ experience with the altcoin. As per an announcement made on social media platform X, Animoca Brands will receive GALA tokens from Gala’s Treasury “in order to provide liquidity provisioning services to Gala Games, with the…
FET Drops 9% As ASI Token Merger Phase 1 Kicks Off
The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto exchanges. However, FET is facing some pressure following its rebranding and supply update. Related Reading ASI Token Merger Phase 1 Begins On July 1, the ASI alliance and Fetch.AI (FET) announced the multi-token merger to unify OCEAN, AGIX, and FET. As part of phase 1, withdrawals and deposits with OCEAN and AGIX would close…
Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services
Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins compliant with MAS’s forthcoming regulatory framework. DBS Bank Named Main Banking Partner as Paxos Secures MAS Approval Paxos, a […] Source CryptoX Portal
Token Launchpad Pump.Fun Overtakes Ethereum Blockchain With $2M in Daily Revenue to Take No. 1 Position
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