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PEPE slips 5% as whale selling and market turmoil weigh on Memecoin sector

The popular memecoin PEPE is under renewed pressure, losing around 5% over the past 24 hours and almost a quarter of its value over the past week. With a current price of $0.0000075 and a market cap hovering around $3 billion, PEPE is facing increasing bearish signals that could extend the recent downturn, according to

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ARK Invests takes 11.5% stake in Nasdaq-listed Solana treasury company Solmate (SLMT)

Solmate Infrastructure (Nasdaq: SLMT) revealed in a press release earlier today that it purchased $50 million of SOL directly from the Solana Foundation at a 15% discount to the market. The company said the tokens would be used to power naked validators in Abu Dhabi, United Arab Emirates, as part of the Foundation’s “Solana By

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Circle (CRCL) Called ‘Most Important’ Stablecoin Player by Investment Firm William Blair

Circle (CRCL) is the most important player in the stablecoin ecosystem, according to investment bank William Blair, who initiated coverage on the company with an “Outperform” rating and a long-term bullish thesis. The company sees Circle as a central force in the transition from fiat to blockchain-based payments, particularly in cross-border B2B transactions, a market

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BNB slides 6.5% after hitting all-time high following $500 billion crypto rout

After destroying $500 billion in value in the crypto market, BNB emerged as an outperformer with a rapid recovery to reach a new all-time high above $1,350. This period seems to be over, since it has plunged by almost 6.5% in the last 24 hours. In comparison, bitcoin is down 1.9% over the same period,

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Bitcoin (BTC) Friday Drop Takes a Look at Citigroup

A Wave of Leveraged Long Liquidations Exposed Bitcoin BTC$111,035.52 sensitivity of stocks, according to Wall Street bank Citigroup. The bank said worsening trade tensions between the United States and China triggered a sharp sell-off in futures on Friday that spilled over into crypto, highlighting its volatility and correlation with stocks. Crypto and stock markets have

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WisdomTree launches physically supported ETP in Europe

WisdomTree has launched an exchange-traded product backed by Stellar Lumens (XLM) across several European locations, setting the management fee ratio at 0.50%, according to a press release the asset manager shared with CoinDesk on Tuesday. Called the WisdomTree Physical Stellar Lumens ETP, the product provides exposure to the spot price of lumens through a physically

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