Trading volume on Pump.fun, a token launchpad in the Solana ecosystem, has plunged 63% from January to February 2025, data from Dune Analytics shows. The decline comes as memecoins face mounting scrutiny amid a string of scandals.In total, the platform’s trading volume declined from $119 billion to

El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop.The IMF issued a new request on March 3 for an extended arrangement under its $1.4 billion fund facility to El Salvador, which called on the country’s p

Popular onchain data platform Shibburn, which tracks SHIB burn transactions on the Ethereum chain and then shares the details on its website and its X handle, has noticed a massive SHIB transaction which proved to be a burn transfer.20,000,000 SHIB burned in single moveA large chunk of meme coins ha

Standard Chartered’s Geoff Kendrick has raised concerns about the near-term prospects for both bitcoin and Strategy (MSTR) as bitcoin’s price faces potential volatility near a critical support level.Kendrick pointed to the Nov. 6, 2024, price range — the day after the U.S. election — as a key potent

Bitcoin mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph. Mining stocks tracked by JPMorgan collectively shed 22% in market capital

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! Turns out it was another Xi-esque candle after all, with Trump's crypto reserve pump now fully erased amid the latest tariff-fueled slump.In today's newsletter, industry lead

A big Tuesday reversal in risk markets has seen bitcoin climb nearly 10% from its weakest level of the session and the Nasdaq move into the green after being lower by nearly 2% earlier in the day.Buffeted about by Trump's tariff threats for weeks, stocks and crypto initially were sharply lower toda

Bitcoin intradayBitcoin is up $6000 from the intrday low as it traded as high as $88,465. That move has come in less than three hours but what's particularly incredible is that if you zoom this chart out, it doesn't even look like that big of a move in light of the $10,000 moves on Sunday and Monday

Wall Street's main indexes fell on Tuesday, with the tech-heavy Nasdaq leading declines, as investors feared that an escalating trade war between the U.S. and its partners could damage the economy. At 10:30 EST, the Dow Jones Industrial Average was down 1.48% at 42,551.36. The S&P 500 was down 1.6

The dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, al

The Bank of Israel has put forward a possible design for a central bank digital currency (CBDC) should the decision be made to introduce one in the future.The central bank described the proposed digital shekel (DS) as a "multipurpose CBDC", to wit it would be for both retail and wholesale use, in a

Bitcoin has seen a notable decline in recent market movements, coinciding with a broader sell-off in equities triggered by the Trump administration's announcement of new tariffs on major trading partners. Meanwhile, gold has reaffirmed its status as a traditional safe-haven asset. As of Tuesday, gol

Cryptocurrency derivatives traders suffered more than $1 billion in liquidations in the past 24 hours as fears of a looming trade war sent markets tumbling, according to data from CoinGlass. More than 87% of liquidations came from long positions after a volatile start to March that saw double-digit

Ethereum has experienced a massive drop, reaching its lowest level since late November 2023. The entire market has been hit by extreme volatility, uncertainty, and aggressive price swings, with ETH losing over 20% of its value in just hours. Investors fear that this correction could extend further a

** Shares of cryptocurrency and blockchain-related companies down premarket, hurt by weakness in bitcoin** Bitcoin , world's biggest cryptocurrency, falls ~2.3%, while Ether drops ~1.1%** Crypto exchange Coinbase Global down ~1.9%, U.S.-listed shares of blockchain farm operator Bitfarms Ltd down

In his latest blog post, titled “KISS of Death,” former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump. Hayes—who has long held bullish views on crypto—argues that a convergence of fiscal a

Bitcoin’s price has been experiencing a massive drop over the past few weeks, and while it initiated a brief recovery recently, the correction is not over yet.Technical AnalysisBy Edris Derakhshi (TradingRage)The Daily ChartOn the daily chart, the asset has been dropping over the last couple of week

Bybit CEO Ben Zhou said that 20% of the stolen $1.4 billion worth of crypto has "gone dark," while 77% remains traceable, and 3% has been frozen.On Feb. 21, Bybit suffered the largest-ever hack on a centralized crypto exchange, attributed to a targeted malware attack by the Lazarus Group. As a resul

Over 77% of the funds stolen in a record hack on crypto exchange Bybit remain traceable, while 20% have "gone dark" and are untraceable, CEO Ben Zhou said in an update on X early Tuesday.“This and the coming week is critical for fund freezing as the funds will start to clear at exchanges, otc and p2

Stocks and bond yields slid on Tuesday as investors globally ducked for cover after the United States hit Canada, Mexico and China with steep , launching new trade conflicts with the top three U.S. trading partners.European stocks slid 1%, falling back from record highs, with shares of automake