Coindesk

Pump.fun Launches Revenue Sharing for Coin Creators in Push to Incentivize Long-Term Activity

Solana token issuance platform Pump.fun is rolling out a new revenue-sharing model that lets coin creators earn a cut of trading fees — a move aimed at rewiring developer incentives and supporting longer-term community building.Pump said late Monday that 50% of PumpSwap revenue will now be shared directly with creators, earning 5 basis points (0.05%) of all trading volume on their coin. The feature applies to newly created tokens, coins still on the platform’s bonding curve, and even those that have already "graduated" to the PumpSwap trading pool.That means for every $10 million in volume, creators earn $5,000 in SOL — an immediate on-chain payout that can be claimed anytime through Pump.fun’s creator dashboard.“Our #1 goal is to grow the...

Bitcoin Crossing $2T in Market Cap Triggers Wave of New Buyers, but Key Players Tread Cautiously,...

Bitcoin's (BTC) $2 trillion market cap has attracted a wave of new buyers to the market, while seasoned traders turn cautious, according to analysis of on-chain data by Glassnode.BTC's price topped $100,000 last Thursday, lifting its market capitalization above $2 trillion for the first time since Jan. 31, according to data source TradingView. Since then, the ship has steadied above the $2 trillion mark, with analysts calling for record highs on the back of an impending U.S. inflation data later Tuesday.It's common for new investors to join the market in such bullish conditions, and they are doing so in large numbers, hinting at retail FOMO, a crypto slang for "fear of missing out." FOMO happens when investors feel compelled to...

Bitcoin Drop Causes $500M Long Liquidations as Dogecoin, ADA Slide 7%

A sharp pullback in crypto markets late Monday triggered over $500 million in long liquidations, erasing earlier gains as bitcoin (BTC) slipped from weekend highs and traders reacted to de-escalating U.S.-China trade tensions.Coinglass data shows more than $530 million worth of long positions were liquidated in the past 24 hours — with nearly $200 million coming from bitcoin-tracked futures and $170 million from ether (ETH) products.Liquidations occur when an exchange forcibly closes a trader’s leveraged position due to insufficient margin. It happens when a trader cannot meet the margin requirements for a leveraged position, that is, when they don't have sufficient funds to keep the trade open.Majors bore the brunt of the drop, with dogecoin (DOGE) and cardano (ADA) each...

Coinbase Shares Jump 8% on S&P 500 Inclusion

Crypto exchange Coinbase (COIN) surged over 8% on Monday after market closing on news that the stock will be included in the broad-market S&P 500 stock index.The company would replace Discover Financial starting on May 19, according to an S&P press release. Discover Financial is being acquired by Capital One.The S&P 500 tracks 500 of the largest publicly traded companies in the U.S. across several sectors, including tech, healthcare, finance and more. Prominent names in the index include Apple, Microsoft, Amazon and Google. COIN, at a market cap of nearly $53 billion, currently trades on the Nasdaq exchange.The inclusion would be a significant milestone for the digital asset industry, giving millions of average investors and model portfolios exposure to a...

Penny Stocks Attempt to Ride Crypto’s Coattails

Education tech firm Classover Holdings (KIDZ) said in early May that it would sell $400 million worth of shares to buy solana. Its stock exploded higher. Shares of the thinly traded company, then with a market cap well shy of $50 million soared from $1.15 to more than $7 in just two sessions before settling back to the current $3.69. .Classover wasn’t the first company to experience the crypto surge, and it won’t be the last.A growing number of obscure, microcap and nanocap companies are embracing cryptocurrency — not as a business line or payment method, but as a headline-grabbing balance sheet item. They often follow the same script: an announcement of a shift in strategy to hold digital assets...