Search results for "THE"

Analysis: The token sale of Pump.fun has a "poor outlook" and is currently suspected to be in trouble.

PANews, July 9 - According to The Block, on Monday, Pump.fun claimed to plan to sell 150 billion PUMP Tokens to raise $600 million, attracting criticism, and the relevant listing information on Gate exchange mysteriously disappeared. Many Crypto Assets advocates believe this is a negative influence. The Block's research director, Steven Zheng, stated: "Some users were surprised by Pump's Token sale; they originally expected a large-scale Airdrop like popular applications such as Hyperliquid. Although an Airdrop may still be in preparation, Pump, having already raised $700 million through other means, seeking to raise another $600 million through a Token sale will certainly leave a negative impression." Space ID Marketing Director Alice
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Crypto Assets trader Get Liquidated with a loss of 824K dollars, AguilaTrades profits 1.2 million dollars against the trend.

Gate News bot message: According to the latest trading data, trader The Gambler (@qwatio) faced partial liquidation on short positions with 40x leverage in Bitcoin ( and 25x leverage in Ether ), resulting in a loss of $824,000, while also having a floating loss of $3 million. Another trader AguilaTrades (@AguilaTrades) has closed the position.
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Trump calls for the passage of the "Great and Beautiful Act" to revitalize the American economy.

Gate News bot message, Trump recently emphasized the importance of the "Big and Beautiful Act" in a social media post. He pointed out that there is currently an unprecedented scale of investment in the United States, with 100s of billions in tariff revenue setting new records. In his post, Trump stated: "We're coming out of the horrible mess left by Joe
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DeFi Development disclosed details of 112.5 million financing, with some funds used to purchase SOL.

Solana reserve strategy company DeFi Development Corp (DDC) disclosed details of its $112.5 million private sale financing, including $75.6 million for "prepaid forward" equity trades, with the remaining funds used for acquisition of SOL, etc. The convertible note annual interest rate is 5.5%, expected to be completed in July.
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Analysis: With the SEC considering to expedite the approval framework, the "gate" for Crypto Assets ETFs is about to open.

The U.S. SEC is about to approve multiple Spot Crypto Assets ETFs, and stakeholders are considering an accelerated listing framework. Despite facing detailed scrutiny, insiders believe that approval is just a matter of time, with the relevant framework expected to be released this month, which will drop the uncertainty of listings.
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The U.S. Department of Justice has charged two men in connection with a $650 million forex and Crypto Assets fraud case.

The U.S. Department of Justice has charged two men from Georgia and New Jersey with operating the international fraud scheme OmegaPro, involving an amount of $650 million. They promoted forex investment packages through multi-level marketing, promising high returns and requiring payment in Crypto Assets, ultimately freezing investors' withdrawals and diverting funds. The two could face up to 40 years in prison.
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Elon Musk discusses the $PNUT Token and the late squirrel incident on social media platforms.

Gate News bot消息,TSL CEO 埃隆·马斯克在社交平台上发布了一条关于$PNUT Token和已故松鼠 Peanut 的评论。马斯克在推文中写道:"They arrested ( and killed ) Peanut, but have not even tried to file charges against anyone on the Epstein client list. Government is deeply broken."
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New Cryptocurrency Airdrop Campaigns Launched for July

Gate News bot message, New cryptocurrency airdrop campaigns have commenced for July, offering crypto enthusiasts opportunities to participate in token distributions. The announcement targets early participants looking to engage in the latest airdrop initiatives. These campaigns represent fresh oppor
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Whale Takes $631K Loss on $Fartcoin Trade Within Three Days

Gate News bot message, A crypto whale has recorded a substantial loss in a recent Fartcoin trading activity. The trader, who purchased $Fartcoin worth 4.53 million USDC approximately three days ago, has liquidated their entire position for 3.9 million USDC within a 30-minute window. The transaction
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Trader @qwatio Experiences Partial Liquidations Totaling $17.11M on BTC and ETH Short Positions

Gate News bot message, trader known as The Gambler @qwatio has undergone partial liquidations on their leveraged short positions. Specifically, these positions include 40x leveraged Bitcoin (BTC) shorts and 25x leveraged Ethereum (ETH) shorts. The total losses from these trading positions have accum
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Upexi, a Solana treasury company, announced that its SOL Holdings have exceeded 735,000.

Odaily News Solana treasury company Upexi announced that as of the end of June, it holds 735,692 SOL, an increase of 8.2% compared to May. Upexi stated that it gained an 8% return by staking Solana, and based on a trading price of 151.044 USD, the value of Upexi's Solana holdings is approximately 111 million USD. (The Block)
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Trump's TRUTH SOCIAL Files for Crypto Blue Chip ETF Registration

Gate News bot message, TRUTH SOCIAL, the social media platform associated with former President Donald Trump, has filed an S-1 registration form with the SEC for a Crypto Blue Chip ETF. The filing marks TRUTH SOCIAL's formal entry into the cryptocurrency investment product market, targeting institut
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BioSig Secures $1.1 Billion in Funding to Drive Commodity Markets On-Chain

After the merger of BioSig and Bahama Streamex, they announced a financing agreement with institutional investors for up to $1.1 billion, planning to achieve commodity tokenization through Blockchain to enhance market liquidity and transparency. The first tranche of $75 million will be delivered in 2025.
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Dormant Bitcoin Wallet Activates After 6 Years, Moves 6,000 BTC Worth $649M

Gate News bot message, a long-dormant Bitcoin wallet has suddenly become active after 6 years of inactivity. The wallet transferred its entire holdings of 6,000 BTC, valued at approximately $649 million, in a single transaction. The wallet initially received the 6,000 BTC on July 25, 2019, when Bit
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Bitcoin seeks confirmation of key support, analysts warn of "calm before the storm".

Bitcoin (BTC) is attempting to turn two key resistance levels into support after setting a historical highest weekly closing price, laying the groundwork for a new high. Some analysts believe that the crypto assets market may be in a "calm before the storm" phase. Prominent analyst Rekt Capital emphasizes that the goal is to convert this resistance into support, which would push BTC towards new all-time highs (ATH). He noted: "Given that the price barely closed above the final weekly resistance level, this leaves very little chance for the price to cleanly pull back and confirm that level as support; in other words, this pullback process is likely to be highly volatile."
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Crypto Market Shows Slight Bearish Trend with BTC and ETH in Red

Gate News bot message, The cryptocurrency market displayed a modest bearish movement, with the total market capitalization maintaining stability amid decreased trading volumes. Bitcoin traded at $108,378, recording a 0.54% decline, while Ethereum settled at $2,551, down by 0.84%. The broader market
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Crypto Whale Makes $963K Profit Trading FARTCOIN for SOL

Gate News bot message, a notable cryptocurrency transaction occurred where a whale sold 1.459M FARTCOIN for 10,509 SOL (equivalent to $1.57M) at $1.07 per token. The transaction concluded with the funds being deposited into a centralized exchange. The trader had initially purchased the FARTCOIN pos
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The Blockchain Group raised approximately 3 million euros to increase its holdings of BTC.

BlockBeats news, on July 8, the first Bitcoin reserve company in Europe, The Blockchain Group, raised approximately 3 million euros (3.52 million USD) to increase its holdings of BTC.
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Dubai approves the tokenization of the currency market fund QCDT to promote RWA adoption.

Gate News bot message, Dubai Financial Service Authority (DFS) has approved the QCD money market fund (QCDT) jointly initiated by Qatar National Bank (QNB) and DMZ Finance, as a tokenized money market fund within the Dubai International Financial Centre.
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Companies holding Ethereum as their treasury asset have now purchased more coins than the ETH issuance.

According to Jinse Finance, Anthony Sassano (@sassal0x), the founder of The Daily Gwei, stated on X that the number of ETH purchased by companies holding Ethereum as their treasury asset has surpassed the amount of newly issued ETH. In the past 30 days, approximately 77,000 new ETH has been issued (with a net issuance of about 57,000 after accounting for burns). During the same period, Ethereum treasury companies purchased over 200,000 ETH.
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A London-listed technology company increased its holdings by 226 BTC, bringing its total holdings to 1000 BTC.

Odaily News The Smarter Web Company (AQUIS: SWC), a technology company listed in London, announced on Monday that it has increased its holdings by 226.42 Bitcoins, with a purchase amount of approximately £17.87 million (about $24.4 million), at an average price of £78,932 (about $107,726) per coin. The company currently holds a total of 1,000 Bitcoins, with a total investment of £78.22 million.
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Gate briefly launched the "Pump.fun Token Pre-sale" page this morning, which has now been deleted.

The Gate trading platform briefly launched the Pump.fun token presale page, planning to launch the PUMP token on July 12, priced at $0.04 each, with sales lasting for 72 hours, and initially releasing 15% of the total supply.
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Kuru Labs raised $11.5 million led by Paradigm to build a hybrid DEX.

PANews, July 7th news, according to The Block, Kuru Labs announced the completion of a $11.5 million Series A financing led by Paradigm, aimed at building a new type of decentralized exchange that integrates automated market maker (AMM) and centralized limit order book (CLOB) architecture on the Monad blockchain. Kuru adopts a default AMM strategy to provide underlying liquidity for each order book, aiming to enhance on-chain trading flexibility and depth. The project previously completed a $2.2 million seed round financing. Investors also include 0xDesigner, Zagabond, and several angel investors.
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Plume launches SkyLink on the TRON network to unlock cross-chain RWA yields.

Odaily News Plume announced a strategic integration with TRON, launching SkyLink on the TRON network, which will unlock cross-chain RWA yields. Users can now directly obtain asset-backed yields from tokenized U.S. Treasuries, private credit, and other real-world financial products issued on Plume. (The Block)
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Strategy has paused Bitcoin purchases for the first time since April this year.

Odaily News Strategy has paused its Bitcoin buying frenzy for the first time since April, currently holding a total of 597,325 BTC (6.5 billion USD). Strategy co-founder and executive chairman Michael Saylor hinted at the pause last Sunday, stating, "Sometimes you just need to HODL." (The Block)
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Cardano(ADA) price prediction: $0.54 could be an ideal get on board point?

The recent price movement of Cardano (ADA) has indeed become stagnant. The ADA price is currently hovering in a typical "no man's land," with Crypto Assets investors closely following the key $0.54 support level. Although this price level has successfully prevented multiple falls, ADA currently seems directionless, lacking a clear trend.
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Spanish bank BBVA launches Bitcoin and Ether trading and custody services for retail investors.

According to Gate News bot and The Fintech Times, Spanish banking group BBVA has launched Bitcoin and Ether trading and custody services for retail investors through its mobile application, expanding its regulated digital asset services across Europe.
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The Blockchain Group increased its holdings by 116 Bitcoins, bringing the total holdings to 1904 coins.

PANews, July 7, news, according to an official announcement, European listed company The Blockchain Group today announced that it has once again purchased 116 Bitcoins, costing approximately 10.7 million euros, and currently holds a total of 1,904 Bitcoins.
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TON (Toncoin) rose 3.45% in the last 24 hours.

Gate News Bot news, on July 7, according to CoinMarketCap data, as of the time of writing, TON (Toncoin) is currently priced at $2.83, with a pump of 3.45% in the last 24 hours, reaching a high of $3.05 and a low of $2.72. The 24-hour volume has reached $749 million. The current market capitalization is approximately $6.997 billion, with a rise of $234 million compared to yesterday. The Open Network (TON) is a fast, secure, and scalable blockchain and network project capable of processing millions of transactions per second, friendly to both users and service providers. TON aims to support all reasonably proposed and envisioned applications. TON can be seen as a massive distributed supercomputer, or more precisely, a massive super server designed to host and provide various services.
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LetsBONK has surpassed Pump.fun for the first time in daily token issuance volume, total number of tokens issued, and volume.

The Solana on-chain Meme coin launch platform LetsBONK has surpassed Pump.fun for the first time in single-day token issuance volume, number of tokens graduated, and trading volume, recording approximately 15,600 token issuances on Sunday, with a market share of 49.80%. Although trading volume increased by $86 million, the number of active traders on Pump.fun is still more than twice that of LetsBONK.
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In June, Bitcoin futures volume decreased by 20% month-on-month, continuing the seasonal trend of the past three years.

In June, Bitcoin futures trading volume decreased by 20% month-on-month, recording only $1.55 trillion, continuing the seasonal trend of the industry, indicating that summer is often a low season for the crypto market, and the market may face a quiet trading summer.
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Analysis: In June, Bitcoin futures volume decreased by 20%, and the market may face a risk of decline.

In the first five months of 2025, the average monthly trading volume of Bitcoin futures was $1.93 trillion, but it dropped to $1.55 trillion in June, a decrease of about 20%. The trading volume also fell in the same month last year, and the market may be in for another quiet summer.
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The Phoenix investors accuse it of being involved in an exit scam, and the project owner has filed a motion to dismiss the lawsuit.

Investors accuse the person in charge of the cryptocurrency project The Phoenix, Daniel Ianello, of being involved in an exit scam and have filed a lawsuit. The plaintiffs claim he closed the smart contracts and transferred investors' funds. Ianello requests to dismiss the lawsuit, denying any connection to securities sales.
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Derive: As the volatility of BTC and ETH decreases in June, options traders are betting on a "big market" in July.

Sean Dawson, the research director at Derive, stated that the implied volatility of Bitcoin and Ethereum decreased in June, as traders positioned themselves in anticipation of a market breakout. Despite the escalation of the situation in the Middle East causing short-term fluctuations, the market remains optimistic about future trends, especially Ethereum, with traders betting on significant movements in July.
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The first unicorn of the Telegram encryption ecosystem is born: TON developer TOP completes $28 million Series A financing, valued at $1 billion.

Focusing on the Telegram Open Network (TON) protocol and application developers, The Open Platform(TOP) announced on Thursday that it has completed a $28 million Series A funding round, achieving a valuation of $1 billion, becoming the first encryption unicorn in the Telegram blockchain ecosystem.
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Cathie Wood: We are still in a Bitcoin bull run.

Golden Finance reported that ARK Invest CEO Cathie Wood stated in the company's podcast "In the Know", "We are still in a bull run for Bitcoin."
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The President of Colombia announced the recall of the ambassador to the United States.

Jin10 Data, July 4 - On July 3 local time, Colombian President Petro announced that in light of the United States recalling its acting ambassador to Colombia, John McNamara, Colombia has decided to recall its ambassador to the U.S. Recently, U.S. congress members criticized President Petro on social media, which was rebutted by the Colombian ambassador to the U.S., leading to a diplomatic crisis between the two countries.
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Riot Platforms mined 450 BTC in June and currently holds 19273 BTC.

BlockBeats news, on July 4th, according to The Block, Bitcoin mining company Riot Platforms (RIOT) mined 450 BTC in June, worth 49.26 million USD. Compared to the 255 BTC mined by the company in June 2024, this represents a 76% rise, but is a 12% decrease from the 514 BTC mined last month. The company currently holds 19,273 BTC and sold Bitcoin worth 41.7 million USD in June.
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Game studio Distinct Possibility Studios has completed a $30.5 million financing round, co-led by Bitkraft Ventures and Brevan Howard Digital.

According to ChainCatcher news, The Block reports that game studio Distinct Possibility Studios has completed a funding round of $30.5 million, led jointly by Bitkraft Ventures and Brevan Howard Digital.
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In the first half of the year, stablecoins accounted for 74.6% of the total volume of institutional OTC Trading, with USDC trading volume rising 29 times year-on-year.

Finery Markets' latest report shows that in the first half of 2025, stablecoins accounted for 74.6% of institutional OTC Trading volume, a significant rise. USDC volume increased 29 times year-on-year, driving the rapid expansion of stablecoin trading. Overall OTC Trading volume increased by 112.6%, with stablecoin and Crypto Assets trading pairs experiencing a surge in liquidity, indicating that stablecoins are the fastest growing segment of the crypto market.
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In the first half of the year, stablecoins accounted for 74.6% of the total volume of institutional OTC Trading, with USDC trading volume rising 29 times year-on-year.

The Finery Markets report shows that stablecoins accounted for 74.6% of institutional OTC Trading in the first half of 2025, a significant rise. USDC's volume increased 29 times driven by new regulations. Overall OTC Spot trading volume grew by 112.6%, with stablecoins rising by 154%. Stablecoins have become the fastest-growing segment in the crypto market.
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Franklin Templeton: The outlook for corporate encryption financial strategies is fraught with uncertainty, presenting a "dangerous" feedback loop risk.

Franklin Templeton analysts report a warning that corporate encryption financial strategies are full of uncertainty in the future, influenced by market fluctuations and price-to-book ratios, which may trigger negative feedback loops, exacerbating the fall in coin prices and the collapse of investor confidence. Maintaining price-to-book ratio premiums and coping with fluctuation capabilities are crucial for the survival of enterprises.
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Crypto market dynamics: Bitcoin is poised to challenge historical highs, alts are rising all around.

The total market capitalization of crypto assets approached $3.4 trillion at Wednesday's close, with a rise of nearly 3% within 24 hours. The price movement of Bitcoin continues to be strong, heading towards the $110,000 mark, creating more upward space for altcoin trends: Ethereum surged 6%, while both DOGE and ADA rose over 7%.
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Ethereum ( ETH ) price analysis: Breakthrough of the key resistance level at $2500! 7.5% daily rise ignites bullish sentiment.

On Wednesday, the price of Ethereum surged over 7% from its intraday low, reaching the $2550 mark and successfully breaking through a key resistance level. This "king of altcoins" strongly rebounded from the $2380 support level, climbing all the way up to the $2585 area, setting a two-week high.
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Over 40 malicious Firefox extensions impersonating mainstream encryption wallets like MetaMask can steal user credentials.

Gate News bot message: Security researchers have discovered a large-scale cybercrime operation that uses dozens of fraudulent Firefox browser extensions to steal users' Crypto Assets Wallet credentials.
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A law firm in New York has filed a class action lawsuit against Strategy, accusing it of misleading investors regarding Bitcoin investment information disclosure.

Gate News bot news, the New York law firm Pomerantz LLP has filed a class action lawsuit against the Strategy company led by Michael Saylor, accusing the company of making false and misleading statements regarding the profitability of its Bitcoin investment strategy, in violation of federal securities laws.
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Bitcoin (BTC) price prediction: Public company purchases exceed ETF, BTC is set to refresh the historical high of $112,000.

FXStreet analyst Alexander Kuptsikevich stated today that the market capitalization of Crypto Assets is approaching $3.40 trillion. The momentum of Bitcoin towards the $110,000 mark has created conditions for a larger pump in alts, with Ethereum rising 6%, and DOGE and Cardano rising over 7%.
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Founder of SkyBridge Capital Scaramucci: The craze for Crypto Assets reserve companies will eventually subside.

According to Bloomberg, hedge fund founder Anthony Scaramucci of SkyBridge Capital believes that the recent trend of publicly listed companies mimicking the Crypto Assets treasury strategy is just a short-term fad that will eventually fade away.
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Crypto Assets market liquidates 258 million dollars in short positions! Two major "bullish" factors in the United States stimulate the rise of Bitcoin, Ethereum, and Ripple.

Due to the tariff agreement reached between the United States and Vietnam, as well as the increase in global M2 money supply, Bitcoin (BTC) rebounded today (3rd) to above 108,800 USD, with open interest (OI) surging to 689,780 BTC, worth approximately 7.5 billion USD. The overall Crypto Assets market also rose alongside BTC, with major alts Ether (ETH), Ripple (XRP), and Solana (SOL) increasing by 7%, 3%, and 4% respectively.
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Cryptocurrency analyst Willy Woo: Bitcoin shows the strongest correlation with global liquidity.

Gate News bot message, encryption analyst Willy Woo pointed out on Twitter: "Among all macro assets, Bitcoin is the most sensitive to global liquidity. Global liquidity equals money printing. This is a wonderful thing. As central banks print money, Bitcoin grows larger, and fiat becomes colder."
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