The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.
The SEC has concluded its investigation into Yuga Labs, bringing an end to the probe into whether the company's Bored Ape Yacht Club (BAYC) NFTs and ApeCoin violated federal securities laws.
The SEC's decision may influence future regulatory approaches to NFTs and digital assets, impacting innovation and market dynamics. The post SEC drops Yuga Labs investigation into BAYC NFTs and ApeCoin appeared first on Crypto Briefing.
Raydium (RAY) has been making waves in the crypto market, trading at $2.32, up 11.73% at press time. With increasing Open Interest and social dominance, RAY is drawing attention from both traders and investors.
RAY's potential rally hinges on breaking resistance, despite declining network activity hinting at caution.
Raydium (RAY) has recently experienced significant selling pressure, causing a steep decline in its price due to market uncertainty and negative sentiment. The token has seen a 21.04% drop as its price fell below the $4.20 key support level, which had previously served as a critical threshold for the asset's price stability.
Raydium has dropped below a key support level as Pump.fun AMM launch causes fear, uncertainty, and FUD in the market.
Raydium (RAY) is a decentralized exchange (DEX) and automated market maker (AMM) built on the Solana blockchain. it offers fast transactions, low fees, and seamless liquidity within the Solana ecosystem.
Immutable (IMX) collaborates with Tokyo Beast, marking its third unicorn developer partnership, to bolster Web3 gaming in Japan's $27.4B market.
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A Raydium contributor doubts the memecoin factory could replicate its success.
Raydium (RAY) has lost 27% of its value in the past 24 hours amid rumors that Pump.fun, the popular Solana-based protocol used to create meme coins, could soon launch an automated market-maker (AMM).
Pump.fun's AMM plans could disrupt Solana's DeFi scene, threatening Raydium's liquidity dominance and sparking a double-digit RAY price drop.
TL;DR Pump.fun is developing a new AMM that could displace Raydium as the primary liquidity provider on Solana, shifting the dynamics of meme coins. The RAY cryptocurrency saw a 28.10% drop in 24 hours due to speculation about the impact of this new AMM. Pump.
Pump.fun is testing its own AMM, potentially replacing Raydium as the default exchange for its tokens, which could significantly reduce Raydium's trading volume and fees. The post Pump.fun AMM Rumors Trigger 28% Decline in Raydium Token (RAY) Price appeared first on Cryptonews.
Raydium's native token, RAY, has faced substantial declines amid growing speculation that Pump.fun, a leading Solana(SOL)-based meme coin launchpad, is testing its own Automated Market Maker (AMM).
Raydium's native token plummeted on Monday as bearish sentiment limited Bitcoin's movements around $95K. While broad market weaknesses contributed to RAY's slump, rumors of Pump.fun's upcoming AMM pools dented Raydium's DEX business. These speculations have seen Raydium's market cap dipping from $1.237 billion to press time's $905K within hours. Pump.
Pump.fun is quietly testing its AMM to offer liquidity pools for its graduated tokens and potentially reduce reliance on Raydium.
One X user reported earlier that Solana memecoin launchpad pump.fun is working to launch its own AMM functionality.
Raydium's token price fell 22% after the discovery of Pump.fun testing its own automated market maker system, which could redirect trading volume away from Raydium's platform.
Pump.fun AMM Development could disrupt Raydium's dominance on Solana, driving RAY token down by 22% in 24 hours.
Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.
Raydium's token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX's revenue.
Pump.Fun developing its own automated market maker could threatening Raydium's market dominance, Decrypt was told.
Pump.fun, the popular Solana-based memecoin launchpad, is reportedly testing its automated market maker which could replace Raydium as the default decentralized exchange for graduated tokens.
Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.
Several gaming companies with over $1 billion in valuation are now actively considering token launches, according to Immutable co-founder Robbie Ferguson. In a Feb.
Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.
Since the launch of the first NFTs, they have gradually gained popularity not only among crypto investors but also among artists, celebrities, and people from all walks of life. But popularity brought some challenges.
Raydium (RAY), a decentralized exchange (DEX) and liquidity provider built on the Solana blockchain, has seen significant growth and adoption since its inception. The platform works in collaboration with Serum DEX, leveraging an automated market maker (AMM) model to provide liquidity.
Raydium has jumped by 15% today, with the Solana-based coin rising to $5.60 as the cryptocurrency market suffers a 0.5% dip in the past 24 hours.
Cryptocurrency prices were on edge on Tuesday morning as investors waited for the upcoming Jerome Powell's congressional testimony and US consumer inflation data. Bitcoin traded at $97,000, while the crypto fear and greed index was at $3.2 trillion. This article explores the forecast of key cryptocurrencies like IOTA, Raydium (RAY), and Litecoin (LTC).
PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.
The crypto politics that shaped recent years came to an abrupt end in July, when Donald Trump took the stage at the Bitcoin Conference in Nashville. His speech was bold, fresh, and revolutionary.
The AMM's month-old perps service is already seeing $100 million in daily volume.
Raydium (RAY) has found itself in a volatile phase, down nearly 20% from its January 30th high. The recent price action has been marked by significant fluctuations, with many traders liquidated in the process.
The liquidation heatmap showed that the closest magnetic zones of note were at $6.64 and $5.7.
Raydium's (RAY) price has rebounded more than 10% after the Monday morning crash, pushing its market cap close to $2 billion. Technical indicators are now showing signs of a potential bullish continuation.
Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.
Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.
Cardano has been a popular cryptocurrency with over $15.6 billion in staked volume and millions of holders. Yet ADA has been a laggard in the crypto industry, with its price being 76% below its all-time high, and its ecosystem lagging that of other layer-1 blockchains.
Cryptocurrency prices bounced back in the overnight session after Donald Trump paused the sweeping tariffs on Mexico and Canada, removing one of the biggest risks in the market. Bitcoin jumped to over $100,000, while most altcoins jumped by over 10%.
The DEX Raydium has just surpassed its rival Uniswap in terms of volumes recorded during the month of January.
Decentralized trading volume on Solana far outpaced the volume on Ethereum's mainnet in January, according to The Block's data.
Raydium (RAY) has seen an impressive 15% surge in the last 24 hours, pushing its price to $7.50. This bullish movement follows the formation of a cup-and-handle pattern, which often signals a potential breakout.
A technical error in creating a liquidity pool on Raydium led to a $12 million loss for Ross Ulbricht-linked wallets when 40% of their ROSS token holdings were sold at severely discounted
Raydium surges 15%, forming a bullish pattern as traders eye a breakout past $8.
ImmutableX (IMX), the native token of the Immutable blockchain, is showing signs of a significant upside rally, despite prevailing bearish market conditions. Recently, IMX reached a crucial support level at $1.05, which has historically acted as a springboard for upward momentum.