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Markets
Bitcoin Hovers at $62K While Pepe Hits Record High as GameStop Extends Rally
Dog-themed floki (FLOKI) zoomed 12%, the highest among the top 50 tokens by market capitalization, while pepe (PEPE) jumped 5% to a new lifetime peak.
Bitcoin Fee Crash Could Lead to Faster Miner Selling, Analysts Say
Bitcoin's mean transaction fee has reversed the post-halving Runes-led spike, squeezing miners' revenue.
GameStop Rally Sends Meme Coins Skywards; PEPE, FLOKI, MOG Surge
“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said.
Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event
The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
User activity has plunged after a hyped run-up to the introduction of the Runes protocol, which was expected by some to mirror Solana’s meme coin ecosystem.
Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.
Solana Meme Coins, GameStop Stock Rocket as 'Roaring Kitty' Returns on X
In addition to common stocks, opportunistic crypto developers issued scores of meme coins on various blockchains to capitalize on the hype.
Bitcoin Below $60K Could Trigger 'Panic' Selling, Crypto Analyst Says
One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
The announcement comes as the yen, one of the top five global reserve currencies, bears the brunt of Japan's fiscal imprudence.
