Pump.fun Sees Sharp Drop Following LIBRA Incident, Memecoin Market Shaken
BUIDL's Boom in the Onchain Finance Space
The past week has seen a number of significant developments in the financial and crypto markets.
Bitcoin continues to see declines on the weekly and monthly timeframes, down 8.4% and 16.2% respectively.
Solana (SOL) is experiencing a volatile period as the price rebounded from the $114 support area but struggled to overcome key resistance levels.
Ethereum is struggling to stay above $1,900 as factors such as waning DeFi demand and growing competition from other blockchains are weighing on ETH prices and significantly impacting the Ethereum ecosystem.
The US House of Representatives has officially passed a resolution to repeal the controversial Internal Revenue Service (IRS) regulation related to decentralized finance (DeFi) platforms.
Starknet is working on a plan to use Bitcoin as a settlement layer alongside Ethereum, creating a robust decentralized finance ecosystem on a single layer 2 network.
European Union (EU) finance officials are expressing concerns about US President Donald Trump's cryptocurrency policy, saying the move could impact the eurozone's financial stability and monetary sovereignty.
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