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News Explorer — Solana, Ethereum Meme Coins Are Crumbling: Analysis

Generated by AI, curated by humans

Jun 17, 6:03 pm

Decrypt

Solana, Ethereum Meme Coins Are Crumbling: Analysis

Meme coin investors are facing significant losses as Pepe, SPX6900, and Fartcoin drop by double digits. Technical indicators and on-chain data suggest further declines, with key support levels to watch. The broader market turmoil and geopolitical tensions are contributing to the sector's correction.

Meme coin investors are facing significant losses as Pepe, SPX6900, and Fartcoin drop by double digits. Technical indicators and on-chain data suggest further declines, with key support levels to watch. The broader market turmoil and geopolitical tensions are contributing to the sector's correction.

Latest

Jun 26, 4:04 pm

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Kraken Introduces Krak, a New P2P Payments App to Rival CashApp and Venmo

Kraken has launched a peer-to-peer payments app called Krak, enabling users to send and receive payments in over 300 cur... Read Summary

Jun 26, 1:41 pm

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Bitcoin and Ethereum Prices Affected by Iran-U.S. Conflict, Leading to Minor Fluctuations in the Market

Bitcoin and Ethereum have remained relatively stable as Iran's Supreme Leader declared victory over the U.S., causing mi... Read Summary

Jun 26, 12:31 pm

DL News

Bloomberg Analyst 'Surprised' a Fartcoin ETF Isn't a Thing Yet

Altcoin ETF filings in the US have surged this year, with applications for memecoin ETFs like Dogecoin and Bonk. Despite... Read Summary

Jun 26, 12:31 pm

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Collaboration Between P2P.org and Ton Whales Introduces New Staking Solution for TON Holders

P2P.org and Ton Whales have collaborated to offer a new staking solution for TON holders, allowing participation with as... Read Summary

Jun 26, 7:14 am

Coindesk

Coinbase Enables Wrapped Cardano and Litecoin Tokens on Ethereum

ADA and LTC are backed by assets locked in Coinbase custody, minted and burned at a 1:1 ratio, with over 11,300 wrapped... Read Summary

Jun 26, 6:32 am

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Kraken Wins License From Ireland's Central Bank to Expand Crypto Services in EU Under MiCA

Kraken has obtained a regulatory license from the Central Bank of Ireland, allowing it to provide crypto services in 27... Read Summary

Jun 26, 6:18 am

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ASIC Forms Panel to Investigate ASX's Failed $250 Million Blockchain Project

The Australian Securities and Investments Commission (ASIC) has appointed a panel to investigate the Australian Securiti... Read Summary

Jun 26, 5:36 am

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Australian Biotech Firm Adopts Bitcoin Strategy to Diversify Treasury, Shore Up Its Financials

Opyl Limited, an Australian AI-biotech company facing financial stress, recently acquired two Bitcoin through a non-dilu... Read Summary

Jun 26, 12:04 am

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Fannie Mae, Freddie Mac Instructed to Consider Crypto for Mortgage Payments

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to prepare for accepting cryptocurrency as a... Read Summary

Jun 25, 11:40 pm

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Latest Solana ETF Filing, Rule Change For Pudgy Penguins Being Considered by SEC

The SEC is considering multiple altcoin-based ETF applications, including Solana, XRP, Dogecoin, Cardano, Polkadot, and... Read Summary

Jun 25, 9:57 pm

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Prediction Markets Platform Kalshi Jumps to $2 Billion Valuation With $185 Million Raise

Kalshi, a predictions market startup, raised $185 million in a Series C round led by Paradigm, elevating its valuation t... Read Summary

Jun 25, 9:23 pm

Coindesk

Bitcoin Miner Bit Digital Is Pivoting to Ethereum Staking

Bit Digital is transitioning to focus solely on Ethereum, with plans to convert its remaining Bitcoin holdings into ETH.... Read Summary

Jun 25, 8:50 pm

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GameStop Boosts Potential Bitcoin Investment Fundraise to $2.7 Billion

GameStop has raised an additional $450 million in funding, bringing its total convertible notes offering to $2.7 billion... Read Summary

Jun 25, 8:10 pm

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Crypto Treasury Chaos: Why Ethereum's SBET and Solana's UPXI Plunged After Routine SEC Filings

SharpLink Gaming and Upexi saw their stock prices plummet over 60% after the U.S. Securities and Exchange Commission app... Read Summary

Jun 25, 8:10 pm

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Confidentiality Startup Zama Raises $57 Million, Hitting Unicorn Status

Zama, a cryptography startup, has secured $57 million in Series B funding, reaching a valuation of over $1 billion. The... Read Summary