Crypto News
PUMP Flops Hard: Pump.fun’s Token Crashes 23% Below ICO Price
Meme coin launchpad Pump.fun’s token PUMP is tanking—and doing the exact opposite of what its name promises. PUMP Dumps Fast—Social Media Explodes With Reactions The coin debuted at $0.004 in its initial coin offering (ICO), but it’s now trading at $0.003046. That leaves ICO participants staring at a 23.85% loss. Roughly 20% of that dropSource link
Retail XRP Holders Could Soon Earn 20% Yield on Their Tokens
DeFi protocol MoreMarkets has launched a new XRP Earn Account, giving retail investors access to yield strategies long reserved for institutions and unlocking what it claims is a multibillion opportunity in idle XRP (XRP) holdings.The product allows XRP holders to earn yield through curated DeFi strategies while retaining self-custody, a first for a token ecosystem that otherwise lacks native staking or yield infrastructure.XRP, among the largest tokens by market capitalization, has been absent from the on-chain yield economy that has fueled growth in Ethereum- and Solana-based protocols.“We want to bring the comfort of fintech and merge it with the yield potential of DeFi,” said Altan Tutar, CEO and co-founder of MoreMarkets, said in a prepared statement. “For too long, high-yield...
Ripple CEO Warns of YouTube XRP Scams Following All-Time High Surge
With XRP up over 48% in the past month, increased retail interest has been accompanied by a wave of impersonation scams.Source link
Litecoin (LTC) Holds Strong Above $113 as RSI Signals Neutral Territory
LTC trades at $113.03 with -1.45% daily decline. Technical indicators show bullish momentum despite recent pullback, with key resistance at $122. (Read More)Source link
Ethena Taps Anchorage to Issue $1.5B USDtb Stablecoin Under GENIUS Act
Decentralized finance (DeFi) platform Ethena is set to bring its $1.5 billion stablecoin to the U.S. market, teaming up with crypto bank Anchorage Digital to issue the token under the new stablecoin laws.As part of the partnership the firms announced on Wednesday, federally regulated crypto bank Anchorage will issue the USDtb token directly in the U.S. under the GENIUS Act's compliance standards.That's a move away from the token's current offshore issuance model, a move that aims to create a pathway for institutions to hold and use the token within regulated financial channels."While we’ve already seen strong demand for USDtb, we expect GENIUS compliance to empower our partners and holders to confidently and significantly expand its use across new products...