Pump.Fun co-founder says most altcoins serve same purpose as memes

Traders expect Bitcoin price to stay in a “choppy” $42,000 to $53,000 zone until confidence returns to the market. The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin (BTC) price remains pinned below $50,000. Data…

JOE price made an impressive comeback after the rollout of the Rocket Joe liquidity launch program lured new projects and token listings to the DeFi platform. 82 Total views 7 Total shares The market appears to be finding its feet and as the smoke clears, its easier to see which projects are fundamentally flawed and…

The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization. The Association for Financial Markets in Europe (ASME), an industry advocacy group that represents wholesale market participants in Europe, called for the inclusion of the decentralized finance (DeFi) sector within the recently passed…

Square's SubZero cold wallet is great, but Ledger Vault is better says the company's VP of Product. 727 Total views 10 Total shares Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product,…

The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed’s exploration of a central bank digital currency and planned to push for “digital freedom.” 176 Total views 1 Total shares Steven Kinard, director of Bitcoin mining analytics at the Texas Blockchain Council, a crypto advocacy group, has announced that…

BitPay, a leading provider of Bitcoin and cryptocurrency payment services, announced on Jan. 21 the launch of XRP payments and cross-border transfers. BitPay has also added support for XRP — the cryptocurrency used by Ripple’s payment network — to the BitPay Wallet app. Although rumors were circulating on Jan. 20 across Twitter and Reddit that BitPay…

As Bitcoin price surged above $10K, USDT exchange inflows reached an 8-month high. 1671 Total views 9 Total shares Tether (USDT) exchange inflow has recently spiked to its highest level in the last 8 months, according to data from on-chain data provider Glassnode. Exchange inflows for the stablecoin reached a 2020 high yesterday as Bitcoin…

DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said.

The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.” 311 Total views 22 Total shares The legislation that could oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers” made it one step closer to reality in the state of Texas.…