Everything web3, crypto, defi, degen
In brief SpaceX has consolidated $153 million worth of Bitcoin into a single on-chain wallet, Arkham Intelligence data shows. The private company holds 8,285 Bitcoin, or $990 million worth of the token, on its balance sheet. -The movement comes as investors raise concerns about SpaceX, particularly following Elon Musk’s public feud with U.S. President Donald…
In brief The PUMP token has dropped 45% from its all-time high, and is now trading lower than its initial coin offering valuation. Pump.fun raised $600 million in 12 minutes earlier this month, selling its token for $0.004. It comes as users appear to be growing frustrated over the lack of airdrop details, while a…
In brief Telegram’s native crypto wallet app is rolling out to users in the United States. The TON Wallet allows users to buy, sell, and send crypto directly in the Telegram messaging app. TON Wallet is developed by The Open Platform, the TON ecosystem’s first company with unicorn status. Telegram’s native crypto wallet is beginning…
In brief XRP set a new all-time high last Thursday, the first time it had done so in over seven years. Members of its passionate fanbase, known as the XRP Army, are angry that they were forced to wait so long. XRP Army soldiers blame the SEC’s multi-year legal battle with Ripple for stunting the…
In brief Sahara AI launched a platform that pays users in crypto to label AI training data. It uses a bounty model with $450K+ in token rewards at launch. Sahara emphasizes quality control and shared data ownership. Looking for a way to earn crypto without writing code or trading tokens? Try labeling data for AI.Los…
In brief Solana reached $200, its highest in five months, alongside a $1.5 billion rise in open interest over three days. Options data signals growing investor caution, with implied volatility and 30-day skew both spiking. Upcoming macro events—including Fed remarks, jobless claims, and a rate decision—may test the rally. Solana climbed to a five-month high…
In brief Pump.fun boasts some of the most impressive numbers in the entire crypto industry, growing faster than any crypto app before it. It recently raised $600 million in an ICO, but it’s PUMP token is now close to falling below its ICO price. As competitors rise and Pump.fun’s revenue slows, can the Solana meme…
In brief Robinhood CEO Vlad Tenev acknowledged that the company’s recent issuance of tokenized OpenAI stock garnered controversy, but nonetheless called the experiment a “big milestone.” OpenAI denounced the initiative, which it did not authorize, earlier this month. The tokenized stock let holders track the private company’s price, but did not offer OpenAI equity or…
In brief Ethereum, Dogecoin, and XRP prices are pumping, with technical indicators mostly flashing bullish for each coin. The surge in altcoins has led to the crypto market surging above a record-breaking $4 trillion. Where do altcoins go from here? Here’s what the charts say. For crypto traders, it’s been a good week to be…
In brief Bitcoin mining infrastructure firm Bit Origin acquired around $10 million in Dogecoin (DOGE). The firm announced a raise of up to $500 million last week to fund its meme coin treasury. Bit Origin shares are up 386% from their July starting point. Publicly traded Bitcoin mining infrastructure firm Bit Origin purchased around $10…
