Trading


Markets

Solana Token Issuer Pump.Fun Rakes in Big Bucks With 1M SOL in Lifetime Fees

Active addresses grew to 85,000, of which 37,000 were new wallets, indicative of strong demand. Meanwhile, Lookonchain data shows that Pump’s creators are raking in profits.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Markets

Bitcoin, Majors Dip on Leverage Flush; CAT Token Runs Up 60% on Binance Futures Listing

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, lost 2.1%.

Trading (Pixabay)

Markets

Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears

Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.

(Phil Hearing/Unsplash)

Markets

Dogecoin Jumps 7% as Musk Touts D.O.G.E at Trump’s Pennsylvania Campaign

The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.

(Dogecoin)

Markets

'High-Risk' Crypto Loans Surge to a Two-Year High of $55M on Benqi: IntoTheBlock

The total amount of crypto-collateralized loans within 5% of their liquidation price is at its highest in over two years.

High-risk USD loans. (IntoTheBlock)

Markets

Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin

The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Markets

GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain

Partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Markets

Dogecoin Price Surges 10% as Elon Musk’s 'Department of Government Efficiency' Gains Traction

Some market watchers expect a Trump election victory and Musk’s closeness to the candidate as forthcoming catalysts for dogecoin.

(Dogecoin)

Markets

Trump-Touted Crypto Website Crashes as Token Sale Goes Live, With Just 1.7% of Target Sold

A blockchain wallet connected to the token holds nearly $4 million worth of ether (ETH), $1.2 million of tether (USDT) and around $250,000 USD Coin (USDC) tokens.

Screen grab from Trump's teaser of the new World Liberty Financial crypto company (Rug Radio, modified by CoinDesk using PhotoMosh)

Markets

Bitcoin Breaks $65K, as Price Action Compared to Prior U.S. Election Cycles

Trading firm QCP Capital said the move was similar to BTC's price action in 2016 and 2020 before the U.S. elections.

(Giovanni Calia/Unsplash)