Memecoin

Over 70,000 wallets piled into the YZY memecoin, but most lost money as its price collapsed by over 80%, underscoring the risks of celebrity-backed tokens.

To hit $250, SOL needs to see an uptick in onchain activity, demand for buy-side leverage and a resolution of the SEC’s Solana ETF decision.

Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.

Andrew Tate is back on the memecoin bandwagon but hasn’t nailed the trading game as his wallet approaches losses of $700,000 on Hyperliquid.

Kanye West’s YZY memecoin left thousands of wallets devastated as coordinated snipers extracted millions while retail investors lost out.

Onchain sleuth found YZY sniper wallets tied to LIBRA, extracting $23 million in suspected insider gains across both token launches.

Several well-known traders have bought the newly launched token promoted by rapper Kanye West, which pumped to over $3 billion but has since fallen back.

Federal Reserve Governor Christopher Waller urged policymakers and bankers not to fear DeFi and stablecoins, as they will drive innovation in the US payments system.