Tag: Token

MAS Confirms Near-Ban on Foreign-Only Digital Token Services

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The Monetary Authority of Singapore (MAS) has shed light on its Digital Token Service Providers (DTSPs) regime, following widespread panic in the industry over a potential ban on crypto firms serving overseas clients In a June 6 announcement, MAS reiterated that starting June 30, crypto firms “providing services solely to customers outside of Singapore relating to digital payment tokens and tokens of capital market products will need to be licensed.” However, the regulator warned that such licenses will be granted only in “extremely limited circumstances.” “MAS has set the bar…

Lagrange Crypto $LA Surges 500%, Solaxy Next 5x Token?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Thousands of tokens launch every day. Most crash quickly, becoming worthless in time (or all but worthless). So why do people keep investing? Because every now and then, a Lagrange ($LA) comes along. The utility token…

Avalanche’s AVAX Token Falls 5%, Forming Bearish Pattern on Short Time Frame

Avalanche’s AVAX token experienced significant price fluctuation in the short term, trading within a 5.5% range between $21.16 and $19.98. Bears remain in control despite intermittent support around the $20.10 level. The 18th-largest currency by market capitalization, down 5% over 24 hours, underperformed the CryptoX 20 — an index of the top 20 cryptocurrencies by market cap, excluding memecoins, stablecoins and exchange coins — which has lost 1.7% in the same period. Technical Analysis • AVAX established a trading range of $1.15 (5.5%) between the high of $21.16 and low…

PUMP Token Faces Doubts as 60% of Users Report Losses

Key Notes 60% of Pump.fun wallets are at a loss, with 1,700+ wallets losing over $100K. Trading bots are inflating Pump.fun volume, raising manipulation concerns. The PUMP token launch aims to raise $1B through a community-driven model. As the Solana SOL $150.9 24h volatility: 4.2% Market cap: $79.06 B Vol. 24h: $3.65 B token launchpad Pump.fun gears up for the upcoming PUMP token launch, on-chain data shows that around 60% of wallet addresses on the platform are currently operating at a loss, with over 1,700 wallets each down more than…

American Rapper Cardi B Endorses WAP Token Again—But Is It A Rugpull?

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Cardi B’s recent post about the meme token Wet A*s P*ssy (WAP) turned into a dramatic market shakeup. Within minutes, WAP’s market cap plunged from $2 million to just $150,000. The token’s price shot up to $0.0020 briefly, then tumbled over 90% back to $0.00019, wiping away almost all of this week’s gains. Celebrity Tweet Sparks Chaos According to reports, Cardi B shared a wallet address on her official X account with the caption “even wetter than last time.” That single message sent ripples through the crypto world. Prices leaped,…

Token Dips as ‘Double Top’ Pattern Potentially Signals Short-Term Bearish Trend

Recent price action reveals TON’s struggle to maintain stability, with a failed breakout attempt at $3.22 followed by accelerated selling during peak trading hours, according to CryptoX Research’s technical analysis model. The move comes as the broader market gauge, CoinDesk20 Index, remained flat. Technical indicators paint a potential bearish picture on the short-term timeframe as the formation of lower highs and lower lows suggests building bearish momentum. The breakdown of the $3.16 support level, confirmed by high-volume selling, has opened the door to further potential downside as global economic tensions…

Fans Burned? Cardi B Pumps WAP Token, Then It Crashes 90%

Key Notes Cardi B promoted WAP again, including a wallet address and a provocative caption. WAP’s market cap collapsed from $2 million to $150,000 within minutes. Analysts flagged the posted wallet as previously linked to suspicious crypto activity. American rapper Cardi B has once again promoted the controversial cat-themed meme coin Wet Ass Pussy [NC] on her official X account. The post also included a crypto wallet address and the caption “even wetter than last time.” https://twitter.com/iamcardib/status/1929971521436504363 Within minutes of the tweet, WAP’s market capitalization dropped from $2 million to…

Pump.fun rumored to launch token with $1B raise, 10% airdrop: Report

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Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation. On June 3, a community member posted on X about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members. Speculation intensified following a Blockworks report citing anonymous sources saying the launchpad — known for its instant token creation feature — would raise $1 billion through a token sale. The report claimed three sources confirmed the sale…

Pi Network at Big Discount, Will Next Token Unlock Slow Breakout?

Key Notes Pi Network outperformed XRP, DASH, and USD1 as the most used digital currency for card top-ups. This positive outlook has not had a sufficient impact on the price of the PI token. Several reasons were blamed for the price decline, but a possible breakout is on the horizon. Pi Network token PI $0.65 24h volatility: 1.1% Market cap: $4.74 B Vol. 24h: $95.49 M is struggling even though the protocol recently claimed a top spot in a cryptocurrency usage poll. Its performance from the week before far outweighs…

BTC Bull Token to Explode in 2025?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin rose 50% in 45 days from April into May, before reaching a new all-time-high just shy of $112K. Since then, it’s fallen 6%, sitting now right at $105K. Was the ATH a rare surge, and…