The cryptocurrency market is ecstatic right now as bulls take over. Bitcoin’s (BTC) rise to a new all-time high of $118,254 has led to rejuvenated investor sentiment. VeChain (VET) is also following a similar path. VET’s price has risen 9.3% in the last 24 hours, 14.9% in the weekly charts, and 20.5% in the 14-day charts. VET is yet to turn green in the other time frames. The asset is down 5.1% over the previous month and 5.7% since July 2024.Source: CoinGeckoVeChain Registers Big Volume And Open Interest SpikeSource: Facts.netAccording to CoinGlass data, VeChain’s (VET) volume has risen by 44.57%.…
Author: cryphedge
The cryptocurrency market is experiencing quite a bullish turnaround. Bitcoin (BTC) climbed to a new peak of $118,254 earlier today, and the global crypto market cap has risen to $3.73 trillion. Solana-based memecoin, Bonk (BONK), is also following a similar trajectory. The memecoin is dominating the charts, rising 5.6% in the last 24 hours, 37.4% in the weekly charts, 73.8% in the 14-day charts, and 31.5% over the previous month. While the rally is incredible, the memecoin is still down by 9.3% in the yearly time frame.Source: CoinGeckoNew All-Time High Around The Corner For Bonk?Source: Inside BitcoinsBONK is currently down…
Solana-based memecoin platform Pump.fun is preparing for what could become one of the largest token sales in crypto history.The project aims to raise $1.32 billion through its upcoming PUMP token offering, potentially securing the third spot among the highest-ever fundraising events in the industry.According to data from Cryptorank, Pump.fun’s fundraising goal would put it just behind the now-defunct FTX exchange, which raised $1.75 billion from its FTT sale. It would also follow EOS (now Vaulta), which raised $4.26 billion in 2018.Largest Crypto Token Sales. (Source: CryptoRank)Terra’s $1.2 billion raise from LUNC currently holds third place, followed by UNUS SED LEO…
It’s hard to ignore the timing. As XRP headlines stir up waves of uncertainty across the market, Bitcoin Solaris has fired back with one of the boldest moves in its presale journey. A 72-hour price rollback. That’s right. In a market where most coins are fumbling for direction, BTC-S just handed investors a second chance at early-stage pricing. And the timing? Surgical.XRP Rattles, But Bitcoin Solaris RoarsXRP, long the topic of legal suspense and speculative optimism, finds itself in another round of media whirlwinds. The token’s reputation for fast remittances remains intact, but the rollercoaster of court updates has exhausted…
Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated: July 11, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and…
USDT controls the stable coin market with the market cap of $158.8 billion and market share over 62%. USDC, DAI and USDe hold second place in terms of their steady adoption although at smaller volumes and capitalization. New stablecoins such as PYUSD, USDY, and USD0 are also gaining traction even though they have limited liquidity. Tether (USDT) has strengthened its dominance in the stablecoin market with an overwhelming 62.42% market share. Its market capitalization has reached up to $158.8 billion with a whopping trading volume of 24 hours totaling to $98.8 billion. This liquidity overshadows its closest rival and solidifies…
Ethena Labs reached $290.2 million in total protocol revenue on July 9, trailing only Tether, Circle, and Sky among stablecoin issuers. Token Terminal data show that the stablecoin issuer reached $100 million in cumulative revenue 251 days after its launch, making it the second-fastest protocol to cross this threshold.Daily fees averaged $3.1 million during the past month as traders continued to mint and hedge the synthetic-dollar token USDe. Ethena’s path to nine-figure revenue took 251 days, faster than Uniswap’s 980-day sprint in 2020 but slower than memecoin launchpad Pump.fun, which hit the mark in 217 days late last year. Core income is…
Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated: July 10, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and…
Bitcoin price hit a record $113,923, driving altcoins higher. Despite the new BTC peak, exchange reserves continue to plummet. Investors’ reluctance to sell, despite the price spike, signals strong belief in Bitcoin’s future performance. Bitcoin (BTC) surged to a new all-time high of $113,923, pushing the broader cryptocurrency market into fresh bullish momentum. Yet, as BTC looks to rally further, analysts are saying the market is in no rush to cash in on the windfall, with holders choosing to keep their coins off exchanges to continue a trend seen over the past several months. Notably, Bitcoin has rallied more than…
The Beijing Internet Finance Industry Association (BIFA) issued a notice on July 9 urging retail investors to reject pitchbooks that wrap old-style pyramid sales in crypto terminology.According to local news outlets, BIFA said promoters have begun advertising “stablecoin wealth plans,” “Web 3.0 dividends,” and similar offers that promise fixed returns. The circular listed five hallmarks of illegal fundraising: operating without a licence, using technical jargon to amplify information gaps, issuing false guarantees, recycling new deposits to pay earlier participants, and cross-linking into fraud or money laundering. BIFA advised the public to verify a firm’s licence through national regulators and to be aware…
