In Brief Only 15 out of 1.7 million meme coins have sustained a market cap over $10 million, a 0.0001% success rate. Pump.fun faces criticism for fostering an environment with extremely low odds of meme coin success. Pump.fun’s free coin launch policy sparks debate, with critics fearing an influx of low-quality tokens. The meme coin…
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In a recent Twitter Space session, Bruna Brambatti hosted an enlightening discussion with Trust Wallet’s CEO, Eowyn Chen, and Head of Product, Nate Zou. The conversation delved into Trust Wallet’s latest advancements, focusing on its newly launched features: Trust Wallet Quests and Trust Points. The Evolution of Trust Wallet Since its inception in 2017, Trust Wallet has evolved beyond a simple…
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In Brief comprehensive Latam Crypto Roundup brings the latest news and trends from across Latin America. This week’s edition covers Bybit’s recent registration as a Virtual Asset Service Provider in Argentina, and more. As the Latin American crypto scene grows, these stories highlight the region’s rising influence in the global market. comprehensive Latam Crypto Roundup…
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In Brief Bitcoin saw a sharp drop, hitting below $60,000, following the US July CPI data release on Wednesday. A recent report by Token Terminal analyzed the possibility of BlackRock launching its own blockchain. This week, Binance announced the delisting of six altcoins, causing significant dips in affected tokens. This week, Bitcoin and…
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In Brief BNB trades in an ascending triangle since August 6, rebounding 16% from a $463.97 low. Break above $524 resistance could trigger a rally to $561; failure may lead to a drop toward $476. Technical indicators like Parabolic SAR and MACD confirm bullish momentum as buyers push for a breakout. Binance Coin (BNB) has…
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In Brief Trump and Musk’s Twitter Spaces talk avoided crypto, disappointing many expecting mentions of Bitcoin or Tesla. MAGA-themed meme coins dropped sharply, with values falling by 15.58% and 27.35% after the talk. Trump’s strategic crypto engagement continues despite avoiding the topic in broad public forums. During a highly anticipated Twitter Spaces conversation on…
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In Brief Bitget Wallet doubles to 30 million users, driven by on-chain trading and DeFi ecosystem growth in 2024. The BWB token and UI/UX innovations also fuel significant user engagement across global markets. This growth aligns with the broader Web3 trend of increasing daily unique active wallets in Q2 2024. Bitget Wallet has achieved a remarkable…
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In Brief Aptos, The Sandbox and Arbitrum have token unlocks scheduled for next week. The total value of tokens unlocked next week exceeds $230 million. Token prices may experience significant fluctuations around large unlock dates. Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid…
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In Brief Alexey Pertsev, a developer of Tornado Cash, is actively raising funds to support his legal defense Pertsev is seeking to raise between $750,000 and $1 million for his defense in the Netherlands. Pertsev’s case has sparked broader concerns about the criminalization of open-source development. Alexey Pertsev, a developer of Tornado Cash, is…
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In Brief Although Bitcoin has shed some losses, distribution from holders signals that the coin’s troubles are far from over. Spot Bitcoin ETFs recorded persistent outflows last Friday, giving further credence to the sentiment. BTC price is closing in on the supply zone around $62,477, suggesting that it may retrace to $60,499. Bitcoin (BTC) holders…
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