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Memecoins and Telegram bots - DeFi

Memecoins and Telegram Bots Drive DeFi Revenue to New Heights

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Memecoin-specific applications are dominating the DeFi landscape, with Pump.Fun and Telegram bots generating nearly $50 million in revenue in June 2024. Pump.Fun, a token launchpad, has emerged as the second-highest grossing DeFi product, even surpassing Ethereum mainnet in 24-hour revenue on July 1st. Telegram trading bots, including Trojan, BananaGun, Maestro, and BonkBot, are also contributing significantly to the DeFi...

Cryptocurrencies, DeFi, Front page, Memecoins, News

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Bitcoin Miners Capitulating

Bitcoin Bottom Near: Miner Capitulation Mirrors FTX Implosion Levels, CryptoQuant Reports

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Bitcoin bottom may be near as miner capitulation levels mirror those seen after FTX collapse in late 2022, according to CryptoQuant. The market is under pressure due to Mt. Gox creditor liquidations, with Bitcoin prices expected to rebound from August onwards. Historical data shows that July is typically a month of recovery for Bitcoin, with average gains of 7.42% in the month following a June decline. Is Bitcoin Nearing...

Bitcoin, Crypto Mining, Cryptocurrencies, Front page, News

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Consensys Acquires Wallet Guard to Enhance MetaMask Security

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Consensys acquires Wallet Guard to enhance MetaMask security Entire Wallet Guard team joins Consensys within the MetaMask Product Safety Team Wallet Guard’s capabilities to be integrated to prevent hacks and scams before they occur Consensys’s commitment to safeguarding users against ever-evolving threats in the web3 ecosystem Consensys’s ongoing acquisitions consolidate its position in the web3 and...

Cryptocurrencies, Ethereum, Front page, News

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Ethereum ETF Approval Delayed Until July 8: What’s Next for Ethereum Investors?

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The launch of Ethereum spot ETFs has been postponed until mid-July due to the SEC requesting resubmissions of key documents. Analysts had originally predicted that Ethereum ETFs would be approved by July 2, but the SEC’s decision has pushed the timeline back. The delay has sparked discussions about the potential impact on Ethereum’s market and investor sentiment. In a surprising turn of events, the highly...

Cryptocurrencies, ETF, Ethereum, Front page, News

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VanEck’s Solana ETF Filing Triggers 8% SOL Price Surge

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VanEck files for a Solana ETF, sparking an 8% increase in SOL’s price. Solana’s market capitalization stands at $69 billion, making it a significant player in the crypto space. The filing comes amid growing interest in crypto ETFs, following the approval of spot Bitcoin ETFs earlier this year. VanEck’s Bold Move: A Solana ETF In a significant move that has sent ripples through the crypto market,...

Cryptocurrencies, Front page, News, Solana

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