Bitcoin is poised for an explosive breakout as institutional demand crushes limited supply, triggering a relentless surge toward historic highs. $200K Bitcoin This Year? Bitwise Says This Is Just Phase One Bitwise’s chief investment officer, Matt Hougan, has explained why bitcoin’s sustained rally reflects a durable shift in market structure, driven by institutional inflows and […]

Bitwise Predicts $200K Bitcoin by Year-End—BTC Rally ‘Has a Long Way to Go’

Over a dozen residents in Tasmania have been defrauded of approximately $1.64 
million through scams involving cryptocurrency ATMs, with one victim losing 
over $493,000. Scammers Exploit ATMs Amidst Rapid Expansion More than a dozen 
residents of the Australian island state of Tasmania have been defrauded of an 
estimated $1.64 million through scams that exploited the […]

Tasmania Hit by Spate of Crypto ATM-Related Scams

Pump.fun, the Solana-based platform enabling users to easily launch and trade 
custom tokens—especially meme coins—has just marked a historic milestone. On 
Saturday, Pump.fun raised over $500 million during its highly anticipated PUMP 
token public sale. In an astonishing show of demand, the sale sold out in only 
12 minutes, highlighting the project’s explosive growth and rising popularity 
across the crypto space. Related Reading: Bitcoin Dominance Continues Historic 
Climb – Altcoins Struggle To Gain Ground Designed for accessibility, Pump.fun 
allows virtually anyone to create tradable tokens with little to no technical 
background, democratizing the meme coin economy. As the broader crypto market 
gains momentum, investors are increasingly turning to innovative platforms 
like Pump.fun to capture early-stage upside and participate in speculative 
narratives. With the public sale now closed, the PUMP token is entering its 
distribution phase. The community’s overwhelming enthusiasm for the project 
underscores a renewed appetite for high-risk, high-reward opportunities, 
especially on scalable, low-cost ecosystems like Solana. As liquidity rotates 
and meme narratives strengthen, Pump.fun appears poised to ride the next wave 
of speculative fervor. The question now is how the project will evolve post- 
sale, and whether it can sustain attention in an increasingly competitive 
memecoin landscape. Pump.fun Enters Distribution Phase After $4 Billion 
Valuation Following a record-breaking public sale, Pump.fun is now entering 
its next crucial phase. The Solana-based platform successfully sold 125 
billion PUMP tokens at a fixed price of $0.004 each, pushing the project to a 
staggering $4 billion valuation. In just 12 minutes, the token sale closed, 
signaling overwhelming interest from both retail investors and speculators 
eager to participate in the next wave of memecoin mania. Over the next 48 to 
72 hours, the PUMP tokens purchased via token.pump.fun will be distributed to 
all participants. During this period, the tokens will remain untradable and 
untransferable to ensure a secure and orderly allocation process. The team has 
stated that a formal announcement will be made once the distribution is 
complete and trading becomes active. Pump.fun has gained traction for allowing 
users to mint and list custom tokens with just a few clicks. Once a newly 
created token reaches a certain liquidity or trading threshold, it gets 
automatically listed on decentralized exchanges. This enables price discovery 
and broader exposure. This simplicity has fueled Pump.fun’s meteoric rise, 
attracting thousands of users who see it as a launchpad for the next viral 
asset. However, the coming weeks will be a critical test. As the PUMP token 
becomes tradable, investor behavior, price volatility, and platform growth 
will determine whether this momentum turns into lasting adoption or fades as 
just another memecoin moment. With a multi-billion-dollar valuation already on 
the books, the pressure is on for Pump.fun to deliver. Related Reading: Crypto 
Founder Pushes Ethereum As ‘World Reserve Asset’ – Details Altcoin Market 
Gathers Momentum The TOTAL3 chart, which tracks the total crypto market cap 
excluding Bitcoin and Ethereum, has surged to $918.87 billion, gaining nearly 
9% on the week. This move signals growing investor confidence in altcoins, 
supported by a bullish market structure. Price bounced from the 50-week moving 
average and now aims to break above the $1 trillion resistance zone. A level 
that has rejected multiple rallies in 2025. Momentum indicators are turning 
bullish, with the 50, 100, and 200 weekly moving averages aligning in an 
upward slope. Volume is also increasing after weeks of stagnation, reflecting 
renewed market participation and capital rotation into high-beta altcoins. 
Related Reading: Ethereum Targets Liquidity Above $3,000 – Price Magnet 
Forming Interestingly, the rise of projects like Pump.fun—which recently 
raised millions during its PUMP token sale—mirrors this trend. Platforms 
enabling quick meme coin launches are attracting retail liquidity. And that 
speculative energy is often a precursor to broader altcoin market rallies. 
While TOTAL3 remains below its 2024 highs, the ongoing wave of investor 
enthusiasm, especially in niche segments like Pump.fun, suggests a breakout 
could soon materialize. Featured image from Dall-E, chart from TradingView

Pump.fun Public Sale Ends In 12 Minutes: Token Distribution Now Underway

The Czech National Bank boosted its investment in Palantir and entered the 
crypto space by acquiring Coinbase shares in Q2.

Czech central bank adds Coinbase to portfolio, boosts Palantir holdings

The Ghanaian central bank has announced a mandatory registration process for 
all virtual asset service providers operating in the country. Registration 
Covers Broad Range of Crypto Activities The Bank of Ghana (BOG) has issued a 
public notice requiring all Virtual Asset Service Providers (VASPs) operating 
within the country to undergo a mandatory registration process. The […]

Bank of Ghana Orders Mandatory Registration for All Crypto Firms

The corporate Bitcoin adoption race is “mostly being spearheaded by brand new 
companies or dying companies you’ve never heard of,” says Blockware.