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👋 PumpFun Hits Record Revenue
In November, PumpFun's revenue skyrocketed past $93M — a new all-time high!
Effect of streaming? 🐶
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📊Crypto's Trump Rally Fades 📉Market blues: Bitcoin down, ether down, and Trump’s own meme coin -80% from peak. The post-election hype is gone. 🏦No Fed rescue yet: Rate cuts or clear pro-crypto policies could spark a rebound, but neither is here yet. 🚀Trump’s crypto push? SEC dropped cases, a crypto task force is forming, but no bitcoin reserve—investors expected more. 💰Big money still in: Hedge funds, banks & sovereign funds are buying ETFs, with Abu Dhabi’s Mubadala holding $437M in BlackRock’s BTC ETF. 🔮Bullish bets remain: Standard Chartered sees BTC hitting $500K before Trump leaves office.
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⚠️SEC's Crypto Shift 🚀Big W for crypto! The SEC just closed multiple cases and paused others, signaling a major shift. Cases against Coinbase dropped, Binance and Tron on hold, and probes into ConsenSys, OpenSea, Robinhood, Uniswap, and Gemini closed. ⌛️Commissioner Peirce pushes for clear rules instead of enforcement-led regulation. Industry celebrates, but full clarity is still needed. Critics argue this opens the door to financial chaos. Congress debates new laws, but for now, crypto gets some breathing room. 🔥What’s next? More policy, less crackdown—crypto’s future is unfolding!
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Crypto Stories You Might Have Missed 💸Bybit Bank Run: After a $1.5B hack, users withdrew $4B more! 🛠Bybit’s Fix: The exchange filled its $1.5B hole with loans and ETH buys. 🎭Lazarus Strikes Again: North Korean hackers blamed for Bybit’s massive theft. 🎯Bybit’s Bounty: Offering 5% to anyone helping freeze stolen funds. 🔐Infini’s Deal: Lost $49M, offering hackers 20% if they return the rest. 🇩🇪Germany’s Elections: Centre Right Alliance takes the lead, AfD in second. 🦄Uniswap Win: U.S. court upholds ruling dismissing a class-action suit.
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🚨Trump’s Crypto Summit: What to Expect 🏛️First White House Crypto Summit: Trump will meet industry leaders on March 7 to discuss regulations, stablecoins, and a Bitcoin reserve. 🔥Key Players Involved: The summit is chaired by David Sacks, Trump’s “Crypto and AI Czar,” and includes top founders, CEOs, and investors. 💵Stablecoin Rules Incoming?: Circle’s CEO wants all USD stablecoin issuers to register in the US, even if offshore. ⚡Bitcoin Reserve Plans?: 24 states have proposed Bitcoin reserve bills, but a national strategy is still unclear. 📈Crypto’s Future in the US: The summit could shape regulations for years, but the 2026 midterms may limit how much actually gets done.
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