Posts

Showing posts with the label cryptocurrency trading

The Fed Just Changed Everything For Crypto, Says Top Trader

Image
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 How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ethereum’s Latest Rally Fueled By Large-Scale Binance Orders, Analyst Says

Image
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 How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Pump Fun ICO raises $600M as PUMP traders dodge sale restrictions

Memecoin platform Pump Fun’s initial coin offering (ICO) has concluded, and its PUMP token is now tradable on several exchanges. The token was initially sold for $0.004 during the ICO and has now risen to approximately $0.0055, according to data from Binance-owned CoinMarketCap. The initial sale, which took place on July 12, sold out in mere minutes, with Pump Fun raising approximately $600 million. Interestingly, despite the ICO requiring purchasers to go through a know-your-customer (KYC) process, Analysis from Blockworks suggests that some wallets participated in the sale from dozens, or in at least one case hundreds, of addresses . Blockworks highlighted that 88888FAoqY6JdSvz7fk1FPd6qjPTcCMGcS64GbwonLoE funded 500 different addresses that all participated in the sale, purchasing a total of $200,000 worth of PUMP tokens. Its Analysis also stated that this address had previously participated in other memecoin sales, including WUKONG. The team behind th...

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

Image
Decentralized exchanges (DEX) are increasing their relevance on the cryptocurrency trading landscape, approaching the centralized platforms (CEX) in volume. In this context, Finbold selected three DEX projects to keep an eye for 2025. As of January 7, the DEX/CEX volume ratio reached an all-time high, with over 20% of all crypto trading happening on decentralized exchanges. This data is from IntoTheBlock , shared on X by Hayden Adams, inventor of the Uniswap protocol, a leading decentralized exchange. DEX to CEX Spot Trade Volume (%). Source: IntoTheBlock / Hayden Adams Uniswap (UNI) as the leading DEX for the EVM ecosystem Among the top projects to keep an eye for 2025, Uniswap (UNI) stands out as the leading decentralized exchange for the Ethereum Virtual Machine (EVM) ecosystem. Picks for you Bitcoin could crash to $40,000, acc...