cryptosheadlines

Pumpswap Hits Record $488 Million in Daily Trading Volume, Eyes Market Growth

Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $488 million and $1.55 billion, respectively. Despite its rapid growth, Pumpswap still trails Raydium in market dominance, signaling an ongoing battle for supremacy in Solana’s DEX ecosystem. PumpSwap’s Explosive Growth Looks to Challenge Raydium in Solana…

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GameStop plans $1.3B convertible debt issue with Bitcoin purchase on the table

– Advertisement – Following the announcement, GameStop shares dropped 5.5% after-hours, despite an earlier 11% rise linked to Bitcoin news. GameStop revisits financial headlines by mixing traditional debt instruments with exposure to blockchain assets like Bitcoin. GameStop Corp. announced a plan to raise $1.3 billion through the sale of convertible notes, set to mature in…

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ZENMEV, the First Staking Platform in the MEV Ecosystem, Launches: A New Revenue Model for Long-Term Holders

If you’re an investor who holds cryptocurrency for an extended period, you’ve likely considered generating returns from your assets through staking. Now, an innovative new platform, ZENMEV, has emerged, attracting a great deal of attention. ZENMEV is the industry’s first staking model based on MEV (Maximal Extractable Value) and is designed to allow ordinary users to…

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GameStop Plans $1.3 Billion Bitcoin Investment Via Convertible Notes – Coincu

Key Points: GameStop plans $1.3 billion note issuance and Bitcoin acquisition. CEO Ryan Cohen aims to shift towards digital assets. Michael Saylor endorses the strategic move on Twitter. GameStop announced plans to issue $1.3 billion in Convertible Senior Notes due 2030 to institutional investors for general corporate purposes, including Bitcoin acquisition, as stated on March…

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South Korea Restriction Imposes Domestic Access Limits on 17 Foreign Crypto Providers

South Korea’s restriction halts access to foreign crypto platforms like KuCoin and MEXC. The FSS aims to safeguard users from unregulated services. Legal frameworks target foreign crypto providers that don’t comply with local regulations. South Korea restriction measures have recently targeted 17 foreign crypto service providers, including major platforms like KuCoin and MEXC. The Financial…

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Why Bitcoin (BTC) Price Isn’t Soaring Despite All the Bullish News? Analyst Reveals the Truth

Bitcoin’s (BTC) upward momentum stalled today, reversing just short of reaching the $89,000 level. This decline comes after GameStop announced its Bitcoin treasury strategy on Tuesday, a move that was expected to support bullish sentiment. BTC’s pullback coincided with a decline in risk assets in the U.S. The S&P 500 and Nasdaq indexes fell 0.8%…

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30 crypto firms call on Congress for clarity on money transmitter rules

Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice’s interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability. In a letter sent to key lawmakers, including Senate Banking Committee Chairman Tim Scott and House Judiciary Committee Chairman Jim…

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