Author: AltCoinDrops.com
PumpFun has surpassed Hyperliquid (HYPE) in daily revenue, reclaiming its position as one of the most profitable projects in the crypto market. In light of this, a crypto analyst has projected that this momentum could push PUMP to fresh all-time highs. PumpFun Outpaces Hyperliquid in Daily Earnings According to DeFiLlama data, PumpFun recorded over $3.12 million in daily revenue, placing it third among all crypto platforms. The platform is behind only Tether and Circle in the rankings. Source: DeFiLlama data; Protocol Ranking by Revenue Hyperliquid is now in fourth place after recently dominating headlines in the perpetual trading space. The…
TLDR South Korean crypto exchange Upbit has launched Giwa, an Ethereum layer-2 testnet Giwa (Global Infrastructure for Web3 Access) uses Optimism’s OP Stack with one-second block times Upbit joins other exchanges like Coinbase and Binance in launching its own blockchain Development tools and a block explorer are already available on the Giwa Sepolia testnet South Korea ranks second globally in crypto on-ramp volume at $1 trillion (July 2024-June 2025) South Korean crypto exchange Upbit has launched Giwa, an Ethereum layer-2 blockchain on testnet. The announcement was made at the Upbit D Conference 2025 on Monday, marking the exchange’s expansion beyond…
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Iranian financial facilitators for coordinating over $100 million worth of cryptocurrency in oil sales for the Iranian government, a September 16 press release shows.OFAC Sanctions Iranian NationalsAccording to the Tuesday press release, Iranian nationals Alireza Derakhshan and Arash Estaki Alivand “used a network of front companies in multiple foreign jurisdictions” to transfer the digital assets.OFAC alleges that Alivand and Derakhshan’s transfers also involved the sale of Iranian oil that benefited Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Ministry of Defense and Armed Forces Logistics (MODAFL).IRGC-QF…
Spiko’s EU T-Bills Money Market Fund Hits $300 Million AUM, Signalling Growing Investor Interest
Spiko Finance’s EU T-Bills money market fund continues to experience significant growth. According to data reported today by market analyst Token Terminal, Spiko has hit a milestone of $300 million in assets under management (AUM). Spiko Finance is a Paris-based investment management platform that provides MMFs (tokenized money market funds) valued in euros and dollars, offering Web3 customers on-chain access to risk-free interest rates through investments in treasury bonds (treasury bills). Its EU T-Bills Money Market Fund is a regulated EUR money market fund that operates under the EU regulatory framework. The tokenized fund is a digital asset backed by…
Jack Ma–backed Yunfeng Financial Group, listed in Hong Kong, purchased 10,000 Ethereum worth $44 million, marking a deeper move into digital asset ventures. The company confirmed that the acquisition was funded entirely through its available cash resources. The move comes as part of Yunfeng’s expansion into Web3, digital assets, and artificial intelligence. Ethereum will serve as a strategic reserve asset for the group. Ethereum to Be Treated as Investment Asset In its announcement, Yunfeng clarified that Ethereum will be reported as part of its investment portfolio in official financial reports. The company emphasized that ETH will support tokenization projects and…
Bitcoin’s Supercycle: A Contrarian Opportunity at the Edge of ExplosionIn the notoriously volatile and short-sighted world of cryptocurrencies, patterns emerge that only the sharpest investors can recognize before the crowd catches on. Right now, an increasing number of seasoned analysts and contrarian investors believe that Bitcoin is entering what’s being called a “supercycle ignition”—a rare structural phase in its market evolution that precedes a parabolic price action. If the projections pan out, Bitcoin’s price could eclipse its previous all-time high and skyrocket to $360,000 or more.While skeptics may label such bold predictions as excessive speculation, history tells us that the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Earlier today, Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain data reveals that the firm purchased another 46,225 tokens, increasing its total ETH holdings to over 2.1 million ETH. BitMine’s Total Ethereum Holdings Surge Past 2.1 Million ETH According to an X post by on-chain analytics account Lookonchain, BitMine seems to have further increased its total ETH holdings. Notably, the firm’s wallet added another 46,225 ETH to its total holdings, worth slightly more than $200 million. It should be recalled…
Changpeng “CZ” Zhao has stirred fresh talk that he may be stepping back into a bigger public role at Binance after a sudden change to his X profile and a string of developments around the exchange. Market moves and reports about talks with US law enforcement have fed the chatter, but legal limits remain a central part of the story. Profile Change Sparks Speculation Based on reports, CZ updated his X profile from “ex-@binance” back to “@binance,” a small public tweak that many traders and observers took as a hint he might reengage with the company he founded. The market…
Analyst Examines XRP Supply Shock Theory
Prominent analyst Cheeky Crypto (203,000 followers on YouTube) set out to verify a fast-spreading claim that XRP’s circulating supply could “vanish overnight,” and his conclusion is more nuanced than the headline suggests: nothing in the ledger disappears, but the amount of XRP that is truly liquid could be far smaller than most dashboards imply—small enough, in his view, to set the stage for an abrupt liquidity squeeze if demand spikes. XRP Supply Shock? The video opens with the host acknowledging his own skepticism—“I woke up to a rumor that XRP supply could vanish overnight. Sounds crazy, right?”—before committing to test…
In brief The standards bar leveraged and inverse trusts from using the generic path. Eligible assets must already be traded on regulated, surveilled markets or backed by an existing ETF. Solana and Litecoin ETFs could arrive within weeks, with Dogecoin and others in line, Decrypt was told. The U.S. Securities and Exchange Commission signed off Wednesday on new generic listing standards for commodity-based trusts, a move that analysts say could swing the door wide open for crypto products beyond Bitcoin and Ethereum.The new standards, approved for Nasdaq, Cboe BZX, and NYSE Arca, allow trusts that meet defined criteria to list…
