Kanye West Launches YZY Meme Coin on Solana, Hits $3B Before Crash
Rapper Kanye West, now legally known as Ye, has officially stepped into crypto. On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market cap within hours of its debut before rapidly shedding value. The launch, billed by Ye himself as the start...
Read More
Shiba Inu Bulls Defend Dual Support With 1T Volume. What Next?
Shiba Inu (SHIB) has gained over 2% in the past 24 hours, with bulls defending key support levels on the back of strong volumes. The meme cryptocurrency fell early Wednesday as BTC and the broader market witnessed de-risking ahead of Fed Chair Jerome Powell’s impending speech. Buyers, however, stepped...
Read More
Insiders Cash In Millions as Ye, Formerly Kanye West, ‘Apparently’ Issues YZY Token
YZY Money, a Solana-based memecoin linked to Ye (formerly Kanye West), debuted earlier on Thursday with blistering gains and an equally sharp controversy. Ye’s X account posted about the token in early Asian hours on Thursday, raising immediate concerns about it being a compromised account. It later posted a...
Read More
Key Bitcoin Indicators Hint at Bearish Regime Shift as Jackson Hole Nears
Key bitcoin (BTC) indicators are signaling a potential shift to a bearish market regime as traders await Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium. The first one is the 180-day call-put skew derived from options trading on Deribit, the largest crypto options exchange by volume...
Read More
Windtree’s BNB Treasury Bet Collides With Nasdaq Delisting Order
Windtree Therapeutics’ high-profile plan to raise up to $200 million for a BNB (BNB) treasury has run headlong into a market reality check: the Nasdaq is kicking it off the exchange. The Warrington, Pennsylvania-based biotech disclosed in a Tuesday filing that the Nasdaq Capital Market will suspend trading in...
Read More
4 Explosive Cryptos ChatGPT Says Could Go Parabolic This Year
If you’re tired of Wall Street analysts, mainstream investors, and major publications recycling the same 7-10 big-name cryptos as the ‘must-haves’ for your portfolio, maybe it’s time to spice things up and try a fresh approach – one powered by AI. To put it to the test, we asked...
Read More
Wormhole Stakes Its Claim in Stargate Contest
The Wormhole Foundation has stepped into the spotlight with a challenge to LayerZero’s $110 million bid to acquire Stargate Finance. Rather than sitting on the sidelines, Wormhole is questioning whether the current deal truly reflects Stargate’s value and potential. LayerZero’s Offer Sparks Controversy LayerZero proposed a full buyout of...
Read More
Crypto Alliances Back Quintenz for CFTC Chair
Several major crypto advocacy groups have rallied behind Brian Quintenz to lead the Commodity Futures Trading Commission. The letter of support came from a mix of influential organizations including the Crypto Council for Innovation, Blockchain Association, DeFi Education Fund, Digital Chamber, Satoshi Action Fund, and the Solana Policy Institute....
Read More
Did A Country ‘Quietly’ Acquire 200,000 BTC? Eric Trump Fuels Speculation Around Mysterious Purchase
Eric Trump, the executive vice president of The Trump Organization, sparked curiosity on Wednesday after suggesting that a country “quietly” purchased 200,000 Bitcoin (CRYPTO: BTC). The Race Toward Crypto Is ‘Electric’ Speaking at the Wyoming Blockchain Symposium, Trump shared his observations on the growing global interest in cryptocurrency and Bitcoin....
Read More
Crypto Lobbyists Resist Banking Industry’s GENIUS Stablecoin Law Proposal
In the wake of the recent passage of the GENIUS Act, a new law regulating stablecoins, tensions have emerged between traditional banking associations and cryptocurrency advocacy groups. While the US banking associations representing all fifty states have raised alarms about potential vulnerabilities in the law, two crypto organizations, the...
Read More