Everything web3, crypto, defi, degen
In brief The Federal Reserve had kept interest rates unchanged since last December. U.S. President Donald Trump has been hammering the Fed to cut rates. Crypto and other assets typically benefit from rate cuts that increase financial liquidity. The U.S. central bank, as widely expected, cut the federal funds rate by 0.25% Wednesday, amid recent…
In brief The Federal Reserve had kept interest rates unchanged since last December. U.S. President Donald Trump has been hammering the Fed to cut rates. Crypto and other assets typically benefit from rate cuts that increase financial liquidity. The U.S. central bank, as widely expected, cut the federal funds rate by 0.25% Wednesday, amid recent…
In brief Crypto exchange Bullish has received the green light to operate in New York by regulators. The BitLicense and Money Transmission License comes after the exchange had a roaring debut on the New York Stock Exchange in August. Bullish shares rose on the news. Shares of Peter Thiel-backed crypto exchange Bullish jumped 5% after…
In brief Two dormant Bitcoin whales have moved upwards of 2,000 BTC in the past three days. Despite whales’ selling activity, institutional demand remains strong, with ETF-driven accumulation spree exceeding new supply. Experts suggest watching out for the Fed Chair’s tone in today’s rate cut meeting at 2pm ET. Bitcoin whales inactive for more than a…
In brief SharpLink repurchased 1 million shares of SBET at an average price of $16.67. The firm has now used around $32 million of its $1.5 billion stock buyback program, buying back around 1.93 million shares. Shares of SBET are down 2.62% in the last 24 hours, now changing hands at $16.33. Ethereum treasury firm…
In brief Pump.fun pays token creators a percentage of every trade placed on their meme coin, leading the devs to do weird things to boost its price. From a man pouring coffee over himself to a spinning egg, the platform has it all at the moment. It’s led believers in Pump,fun to hail the dawn…
Coinbase said Monday that it is “exploring” a token launch for Base, its Ethereum layer-2 network, following years of saying that it wasn’t actively considering the prospect.During a presentation at Monday’s livestreamed Basecamp event, Coinbase Head of Base Jesse Pollak confirmed that potential token plans are in the works.”Base is beginning to explore a network…
In brief Pump.fun livestreaming duo known as Bagwork claim to have played unreleased songs from hip-hop legends Drake and Future, as the Toronto rapper called the streamers out. The Bagwork boys earned $83,410 in creator fees as their token pumped to a $53 million market cap on Sunday. It comes as crypto livestreams explode on…
In brief U.S. spot Bitcoin ETFs pulled in around $2.3 billion from September 8 to 12. BlackRock’s IBIT and Fidelity’s FBTC captured the bulk of flows, with other issuers posting smaller gains. Observers said the surge reflects structural demand from institutions, with inflows expected to scale further. U.S. spot Bitcoin exchange-traded funds pulled in roughly…
In brief A livestreaming duo made $49,000 on Thursday after gym influencer Bradley Martyn slapped one of the creators for attempting to steal his hat. It was being livestreamed on Pump.fun under the pair’s token, which pumped in price by more than 2,000% in response. The Solana meme coin project is led by two unnamed…
