Pump.fun Raises $500,000,000 After Initial Coin Offering Sells Out in Just 12 Minutes – The Daily Hodl
Pump.fun’s PUMP token ICO sold out in 12 minutes, raising $500 million. The Solana-based memecoin launchpad allocated tokens for community, team, investors, and liquidity.
Vanguard Becomes the Accidental Strategy Whale
Vanguard, despite blocking bitcoin ETFs, is now the largest institutional shareholder of Strategy (MSTR), a bitcoin-focused firm, through passive index funds, holding over 8% worth $9.26 billion.
TRUMP Meme Coin Leads This Week’s $1.57B Token Unlock Wave
Over $1.57B in tokens, including TRUMP and SOL, will unlock this week, potentially impacting prices. TRUMP’s $865.8M release leads major unlocks, while SOL sees gradual $75.88M distribution.
Algorand’s ALGO price just spiked 11% to 4-month high: here’s why – CoinJournal
Algorand’s ALGO token surged 11% to $0.30, a 4-month high, driven by Fedwire’s ISO 20022 adoption, Bitcoin’s rally, and increased institutional interest.
Pump.fun’s $PUMP token launches at $5.6B valuation
Pump.fun’s PUMP token launched with a $5.6B valuation after a $500M ICO sold out in 12 minutes. Exchange issues during the presale caused user backlash, with Kraken and Bybit offering compensation.
Crypto Week in US Congress: What to Expect From Key Bills
US Congress prepares for ‘Crypto Week’ with votes on three key bills: GENIUS Act for stablecoins, CLARITY Act for market structure, and Anti-CBDC Surveillance Act. The Tornado Cash trial also begins this week.
Bitcoin Cash Holds In A Range Above $500
Bitcoin Cash (BCH) is trading above $500, showing bullish trends with higher highs and lows. Indicators suggest potential rise to $567.53, with current support at $509.04 and resistance at $520-$560.
Vanguard calls Bitcoin immature, then becomes top shareholder of Bitcoin proxy Strategy
Vanguard, despite its anti-crypto stance, is now the largest shareholder in Strategy, a top corporate holder of Bitcoin, signaling institutional backing for Bitcoin treasury strategies.
Strategy acquires 4,225 BTC, pushes Bitcoin treasury toward $73B in recent buying spree
Strategy purchased 4,225 Bitcoin for $472.5M, increasing its holdings to 601,550 BTC worth $72.74B. Metaplanet also acquired 797 BTC, now holding 16,352 BTC as Asia’s top corporate Bitcoin investor.
‘Rogue Politicians’ Using Crypto to Hide Proceeds of Corruption: Nigeria EFCC Chair – Decrypt
Nigeria’s EFCC chair accuses politicians of using crypto to hide corrupt wealth, citing rising fraud and lack of transparency. Experts acknowledge risks but note limited verifiable data on crypto’s role in political corruption.
