BONK Surges 9% as Even as Memecoin Interest Shifts to Newer Tokens
BONK rallied 9% in a volatile session, testing resistance at $0.000024 even as newer meme tokens gained attention.
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BONK rallied 9% in a volatile session, testing resistance at $0.000024 even as newer meme tokens gained attention.
The CoinDesk Memecoin Index (CDMEME) rose more than 11% in the week, outperforming bitcoin’s 1.4% move.
“Dogecoin started as a joke, and now Wall Street finally gets it. The ETF approval proves that institutional investors recognize the real value in community, culture, and accessibility,” one dogecoin proponent said.
Bitcoin fell and gold pulled back from a record high after the news hit.
Cboe’s new derivatives aim to bring a regulatory-friendly version of perpetual futures to institutional and retail markets.
The mobile platform is designed to simplify buying bitcoin and gives rewards to everyday users.
Christian Catalini warns that corporate-led blockchains like Stripe’s Tempo and Circle’s Arc risk repeating the compromises that doomed Libra’s open vision.
Sergey Nazarov met with SEC Chairman Paul Atkins and told CoinDesk he’s impressed by how serious Atkins is about moving quickly on tokenization.
Despite the outflows, ether rose by more than 16% in the past month, driven in part by the passage of the GENIUS Act.
The purchases, disclosed in recent trade filings, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with ARK Innovation ETF (ARKK) leading the way.