Former Securities and Exchange Commission (SEC) Chair Gary Gensler’s return to his old MIT haunt has ignited backlash from a section of the crypto industry. Gensler previously taught at the university before leading the SEC, where he became deeply unpopular for his strict regulatory approach. MIT Welcomes Back Gensler, But Crypto Leaders Push Back On…

A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the individual launched an average of 12 coins per hour daily for several months. The Meme Coin Minting Machine The user, identified by the wallet 0x818a…aJa13N,…

After a short-lived rally past $3,700 in early January, Ethereum struggled to sustain its gains and is now 12% below its recently established local top. The leading altcoin’s market sentiment remains muted. As such, a new analysis suggests that the next significant price shift will largely be influenced by whales. No Whale Frenzy Ethereum’s price…

[PRESS RELEASE – Limassol, Cyprus, January 30th, 2025] NAGA, a multi-asset financial platform, has announced the launch of CryptoX, a new cryptocurrency CFD trading feature designed to provide traders with expanded market access and enhanced flexibility. CryptoX introduces a set of features aimed at addressing key aspects of crypto trading, including cost efficiency, market accessibility,…

Bitcoin’s price experienced some expected volatility after yesterday’s FOMC meeting but has headed north and now sits above $105,000. Most altcoins are in a similar position, with ETH increasing past $3,200 and SOL rising to $240. BTC Above $105K The primary cryptocurrency had a quiet weekend in which its price stood mostly in a tight…

“We are not bulled up enough about Ethereum,” said former UBS bond trader and Etherealize founder Vivek Raman on Jan. 29. It has been more than a week since Donald Trump’s inauguration, and the “entire Ethereum ecosystem has been reborn,” he added, referring to the recent leadership shakeup at the Ethereum Foundation. Ethereum now has…

Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD tokens, Solana, and other crypto assets. Branstetter shared the news during an emergency livestream, expressing heartbreak while reassuring the community of his unwavering commitment to…

TL;DR Several online retailers and Travala have supposedly started accepting Trump’s meme coin, expanding its use beyond speculation. TRUMP surged past $70 but has since dropped 64% to around $26, with critics like Balaji Srinivasan and Mark Cuban questioning its legitimacy. TRUMP Receives Further Support Donald Trump made huge waves in the crypto world by…

The options and derivatives exchange CBOE has filed applications seeking the launch of Solana exchange-traded funds (ETFs) for four leading asset managers in the United States. This development has once again restarted the race for the first SOL exchange-traded fund in the country. According to details on the CBOE rule filings site, the exchange has…

The crypto market is recording a surge in bitcoin (BTC) inflows to whale wallets, indicating that this cohort of investors has begun to accumulate the digital asset again amid the recent downturn. Analysts at the market intelligence platform CryptoQuant see a substantial inflow of BTC into whale addresses as the act of storing BTC in…