A new CoinGecko analysis found that nearly seven in 10 Pump.fun tokens stopped trading on the same day they launched. Summary Most Pump.fun launches lose trading activity within hours, showing how thin meme demand can be. Only 4.55% of tokens lasted over 90 days, making long-running projects rare on the platform. The data comes as…
Ripple and SBI Group have launched Ripple USD, known as RLUSD, in Japan after approval from the Japan Financial Services Agency. Summary JFSA approval now gives RLUSD a regulated Japan entry point through SBI VC Trade’s platform. Ripple’s stablecoin rollout targets payments, tokenization, and collateral management for Japanese users and institutions alike. The launch extends…
Pump.fun’s low entry barriers have created millions of tokens, but most projects fail almost immediately after launch. Nearly seven out of every 10 tokens launched on the Solana-based meme coin launchpad, Pump.fun, since January 2024, stopped trading on the same day they were created, according to a new analysis by CoinGecko. The study examined…
Michelle Bond has lost her bid to dismiss criminal charges, with a federal judge setting her trial to begin on Nov. 9 after rejecting arguments tied to her husband Ryan Salame’s plea agreement. Summary A federal judge has denied Michelle Bond’s bid to dismiss campaign finance charges and scheduled her trial for Nov. 9. Prosecutors…
In crypto news today (June 24), Bitcoin is struggling to reclaim $63,000, and this weakness has sparked fears that a drop to $60,000 is coming next. Although BTC/USD is stuck in a tight range, Michael Saylor’s Strategy has begun buying Bitcoin again. Liquidations have cooled off from yesterday, with just $346M picked up, down from…
Cathie Wood has dismissed mounting inflation fears despite U.S. headline CPI rising to 4.2% in May, arguing that underlying price pressures are close to disappearing. Summary Cathie Wood says underlying inflation is near 0.5% despite headline U.S. CPI rising to 4.2% in May. The ARK Invest CEO cites productivity gains and Truflation data to argue…
HSBC Bank Middle East Limited has launched a live tokenized deposit service in the UAE, adding the UAE dirham to its HSBC Orion blockchain network and giving eligible corporate clients instant, around-the-clock access to cross-border liquidity, a production deployment, not a pilot. The dirham becomes the sixth fiat currency on Orion, joining the euro, British…
Kalshi has entered talks to raise fresh capital at a valuation of about $40 billion, an 82% jump from the $22 billion valuation it secured less than two months ago. Summary Kalshi is reportedly seeking new funding at a $40 billion valuation, up 82% from May. The company processed over $17 billion in monthly trading…
Steak and Shake is saving roughly 50% on payment processing fees by accepting Bitcoin, and projecting $6 million in annual savings if its full credit-card customer base made the switch. That number, confirmed again in a June 2026 company statement, makes the 90-year-old burger chain one of the most concrete proof points in the argument…
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets. Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which shows the sector is experiencing stagnation and reduced returns. The analytics platform said that while miners continue to play an…
