Meanwhile, RLUSD continues to rise in terms of usage and market cap, hitting $1.6 billion on CG. By extending its collaboration with long-term local partner SBI Group, Ripple has received approval from the Japanese Financial Services Agency (JFSA) to launch its stablecoin available in the country. The company’s Senior Vice President of Stablecoins praised
A new CoinGecko analysis found that nearly seven in 10 Pump.fun tokens stopped trading on the same day they launched. Summary Most Pump.fun launches lose trading activity within hours, showing how thin meme demand can be. Only 4.55% of tokens lasted over 90 days, making long-running projects rare on the platform. The data comes as
Bitcoin usage is surging despite weak prices, as Ordinals and Runes drive network activity while ETF outflows pressure BTC lower. Bitcoin network activity remains close to record highs, according to CryptoQuant’s Bitcoin Network Activity Index, even though the cryptocurrency is still trading below its all-time high. The index tracks metrics such as active addresses,
Abracadabra has started emergency measures after Magic Internet Money, its dollar-pegged MIM stablecoin, slid sharply below its $1 target. Summary MIM’s 50% slide pushed Abracadabra into emergency rate hikes across active and deprecated Cauldron markets. Borrowers now have a cheaper repayment window as Abracadabra tries to shrink outstanding MIM supply. Paused Curve bribes and incentives
In crypto news today (June 24), Bitcoin is struggling to reclaim $63,000, and this weakness has sparked fears that a drop to $60,000 is coming next. Although BTC/USD is stuck in a tight range, Michael Saylor’s Strategy has begun buying Bitcoin again. Liquidations have cooled off from yesterday, with just $346M picked up, down from
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