Pump.fun’s low entry barriers have created millions of tokens, but most projects fail almost immediately after launch. Nearly seven out of every 10 tokens launched on the Solana-based meme coin launchpad, Pump.fun, since January 2024, stopped trading on the same day they were created, according to a new analysis by CoinGecko. The study examined
Cathie Wood has dismissed mounting inflation fears despite U.S. headline CPI rising to 4.2% in May, arguing that underlying price pressures are close to disappearing. Summary Cathie Wood says underlying inflation is near 0.5% despite headline U.S. CPI rising to 4.2% in May. The ARK Invest CEO cites productivity gains and Truflation data to argue
In XRP news today, withdrawal transactions on Binance accounted for 53.8% of total XRP transaction activity over a seven-day rolling period ending June 23, 2026, the highest reading since June 2024, according to CryptoQuant, the on-chain analytics platform. That streak of seven consecutive days where XRP withdrawals outpaced deposits landed against a backdrop of XRP
One metric has been deep in the red since the massive price correction began in mid-May. The old saying – sell in May and go away – proved to be right once again for the cryptocurrency markets. It was just six weeks ago when bitcoin had evidently reclaimed the $80,000 level and even surged
Kalshi has entered talks to raise fresh capital at a valuation of about $40 billion, an 82% jump from the $22 billion valuation it secured less than two months ago. Summary Kalshi is reportedly seeking new funding at a $40 billion valuation, up 82% from May. The company processed over $17 billion in monthly trading
HSBC Bank Middle East Limited has launched a live tokenized deposit service in the UAE, adding the UAE dirham to its HSBC Orion blockchain network and giving eligible corporate clients instant, around-the-clock access to cross-border liquidity, a production deployment, not a pilot. The dirham becomes the sixth fiat currency on Orion, joining the euro, British
Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets. Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which shows the sector is experiencing stagnation and reduced returns. The analytics platform said that while miners continue to play an
Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. Summary OpenAI has launched Jalapeño, its first in-house AI chip built with Broadcom and optimized for AI inference workloads. The chip rollout comes
Steak and Shake is saving roughly 50% on payment processing fees by accepting Bitcoin, and projecting $6 million in annual savings if its full credit-card customer base made the switch. That number, confirmed again in a June 2026 company statement, makes the 90-year-old burger chain one of the most concrete proof points in the argument
Trump has postponed signing a housing bill that passed Congress with 358 House votes and 85 Senate votes, leaving a provision that would block a Federal Reserve-issued CBDC until 2030 in limbo. Summary Trump has delayed signing the bipartisan housing bill, putting its CBDC ban provision on hold. The legislation passed Congress with strong bipartisan