Crypto News

The surge in meme coin trading is gradually shifting how these assets are perceived. Meme coins can blend cultural context with financial gain alongside social commentary. Meme Coin Popularity is on the Rise Meme coins, cryptocurrencies inspired by humor and internet culture have captured the crypto world’s attention like never before. Unlike traditional cryptocurrencies designedSource link

IP-backed memecoin Simon’s Cat (CAT) surged 50% Monday after becoming the first cat-themed token to get a coveted Binance spot listing — amid some meme tokens taking the plagiarism heat.CAT zoomed from $0.000039 to a record peak of $0.000067 in early Asian hours Tuesday, data shows, before paring gains. Trading volumes rose tenfold from $55 million to over $500 million.Open interest in the token’s future products nearly doubled to over $60 million, showing a bump in expectations of further volatility with a bullish bias.Binance said Monday it would offer airdrops of CAT to users of their Earn products who staked specific amounts of BNB tokens last week. It would then list 1000CAT (where a single token holds a thousand CAT)...

The regulator hopes to bolster clarity by establishing “clear and consistent ‘rules of the game’" for crypto firms and consumers.Source link

Ripple’s RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital payments and boosting value for XRP investors. Ripple’s RLUSD Launches on Uphold—Where XRP Community Gains More Uphold, a leading Web3 financial platform, has confirmed that Ripple’s new USD-backed stablecoin, RLUSD, will be fully accessible on its platform starting Dec.Source link

Bitcoin now commands its highest-ever value relative to gold, marking a potential shift in store-of-value preferences.Source link