Dogecoin’s open interest has crashed over $3 billion since January, sparking a bearish sentiment for the foremost meme coin. This critical metric is still at risk of crashing further, given the current outlook in the broader crypto market. Dogecoin’s Open Interest Crashes Over $3 Billion Since January Coinglass data shows that Dogecoin’s open interest has…
Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation. The bill gives the Texas Comptroller of Public Accounts the authority to acquire, sell and trade any investment “that a…
Successful new token listings on memecoin platform Pump.fun are down more than 80% from January highs, according to data from Dune Analytics. The daily number of tokens completing Pump.fun’s “bonding curve,” a prerequisite to listing on a decentralized exchange (DEX), is down to about 200 on Feb. 26 from as high as nearly 1,200 on…
New token listings resemble the stock market on steroids. Without the guardrails of traditional finance, prices swing wildly, making—and more often breaking—fortunes in days, if not hours. Binance exchange is often the listing destination of choice for many of these tokens, which offer traders high-risk bets and the chance to chase the next market sensation. …
In a regulatory filing on 27 February 2025, the Japanese firm Metaplanet announced an issuance of 2 billion yen (approximately $13.6 million) in zero-interest bonds to bolster its Bitcoin holdings. This marks the company’s seventh bond issuance, aimed at acquiring additional bitcoins, in a bid to include cryptocurrencies in the company’s financial strategy. Since May…
The United States Securities and Exchange Commission (SEC) has agreed in principle to drop its lawsuit against crypto firm Consensys. The suit claimed that aspects of MetaMask violated securities laws. According to Ethereum co-founder and Conensys founder Joeseph Lubin, the SEC has agreed to file a motion effectively ending the case, and the conclusion of…
Dave Portnoy, founder of Barstool Sports and crypto gadfly, has built a reputation for pushing limits. His latest adventure in Solana-based meme tokens has drawn a mix of trolling and backlash. Now, he’s stepping away from the frenzy. On his “Davey Day Trader Global” live stream, Portnoy scrapped the release of “GREED3,” saying the meme…
US President Donald Trump’s first month in office has been highly volatile for risk assets, but his administration will likely be a net positive for Bitcoin in the long run, according to Standard Chartered. In a Feb. 27 interview with CNBC, Standard Chartered’s head of digital assets research, Geoffrey Kendrick, said he expects Bitcoin’s (BTC)…
Decentralized finance hinges on Chainlink (LINK). This oracle network shatters barriers between blockchain and real-world data, making smart contracts functional and reliable. But the LINK price seems undervalued; how can that be? Blockchains need this service because they act as isolated networks; they cannot retrieve or send data to an off-chain solution. Here’s why LINK…
Investment word of the day: While investing in various funds and financial instruments, a need may often arise to track your investment in order to determine how your money is performing over a period of time. Rolling returns is one such measure that helps to estimate the performance of an investment at a certain period…
