Pump.fun Launches ICO, Raises $500 Million Within Minutes

Memecoin launch platform Pump.fun raised $500 million in an initial coin offering (ICO) on Saturday, which sold out in about 12 minutes. The PUMP token has a maximum supply of 1 trillion, and 33% of the supply was allocated to the ICO. 24% of the supply was allocated to the ecosystem and future community projects,…

Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.” BTCT Moved $1M Into Ethereum Reserve, chief executive officer Siguang Peng said in a press release, adding that Ethereum has “emerged as the foundation of on-chain USD settlement and value transfer.” “By…

Pump.fun Launches ICO, Raises $500 Million Within Minutes

Memecoin launch platform Pump.fun raised $500 million in an initial coin offering (ICO) on Saturday, which sold out in about 12 minutes. The PUMP token has a maximum supply of 1 trillion, and 33% of the supply was allocated to the ICO. 24% of the supply was allocated to the ecosystem and future community projects,…

What Happened In Crypto Today

Today in crypto, BlockFi’s bankruptcy administrator and the DOJ have settled a $35 million crypto asset transfer lawsuit, US-based spot Bitcoin ETFs posted another inflow day above $1 billion on Friday. Meanwhile, Binance reportedly helped build the stablecoin code for World Liberty Financial, a crypto firm linked to US President Donald Trump. BlockFi bankruptcy administrator…

ETH Treasury Buys and ETF Flows Back Ether Rally Toward $3K

Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and…

Telegram Is Not A Neobank

Opinion by: Vlad Kamyshov, CEO of Evaa Protocol The race to build the next big Web3 neobank is missing the point. Most projects are still focused on launching standalone apps, creating new interfaces and rebuilding user acquisition strategies from the ground up. It’s a familiar playbook, and increasingly an outdated one. In crypto, the next…

Asia’s Tokenization Leadership Attracts Global Capital

Asia’s leadership in tokenization is drawing growing attention from global investors, with regulatory clarity in the region attracting capital that was once on the sidelines, according to Maarten Henskens, head of protocol growth at Startale Group. “We’re seeing Western institutions set up Asia-Pacific operations not just to follow capital, but to participate in innovation,” he…

BIT Mining Stock Soars 350% After $300M Solana Pivot Announcement

Update, July 11, 9:10 am UTC: This article has been updated to add comments from Bit Mining chief economist Youwei Wang. Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, with plans to raise up to $300 million to support the move. The company said on Thursday it plans to…

Altcoins Surge While Bitcoin Dominance Holds: Analyst

A crypto analyst suggests altcoins may have plenty more upside, as many are already surging without pulling much market share from Bitcoin. “BTC dominance hasn’t even sneezed and Alts are ripping,” crypto analyst Matthew Hyland said in an X post on Friday.  Bitcoin reaches new highs on three consecutive days TradingView shows Bitcoin (BTC) Dominance…

Binance’s CZ Denies Bloomberg Report on Trump-Backed USD1 Stablecoin

Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. In a post on X responding to the investigation, Zhao called the article a “hit piece (sponsored by a…