Is the stock market open or closed on Labor Day? See full 2024 holiday schedule
Here's what you need to know about whether U.S. stock markets will be open or closed on Labor Day 2024.
Solana Meme Coins Slump as Degens Ditch Pump.fun
Meme coins on Solana are some of the biggest losers over the past week as token launchpad Pump.fun fell out of favor, with the category as a whole dropping by 21.7% on the week, per data from CoinGecko. On Saturday, Pump.fun was responsible for 5,388 new tokens created on Solana, according to Dune data. To put this into perspective, just three weeks ago the protocol peaked, deploying 20,465 tokens. With Pump.fun statistics falling, so have the prices of some major tokens created by the protocol....
Most Anticipated Video Games Releasing in September 2024
September has traditionally been the time of year when publishers start dropping all their big titles on us—it's just ahead of the holidays, and close enough to the end of the year that standout games aren't forgotten in Game of the Year discussions. This month's slate of games includes plenty of sequels, remasters, and spinoffs, but there are also original games like Enotria: The Last Song and platform exclusives like Sony’s Astro Bot. We can't cover everything in this list, so after checking o...
Bitcoin Bounces Back From $57,000 as Exchange Reserves Hit Multi-Year Low
Bitcoin slipped to a 24-hour low of around $57,250 Monday morning, before staging a recovery to levels over $58,000. Per data from CoinGecko, Bitcoin's price dropped to a low of $57,257.71 before recovering to its current price of $58,419.26, trading flat on the day and down 8.6% on the week, amid continuing outflows from investment products and a prevailing trend of declining exchange reserves. Speaking with Decrypt, Kristian Haralampiev, Structured Products Lead at Nexo, said the sharp declin...
SEC Could 'Challenge' FTX Estate’s Proposal to Pay Creditors in Stablecoins
The U.S. Securities and Exchange Commission (SEC) has said it “reserves its rights” to object to proposals by FTX administrators to pay creditors in stablecoins. In a court filing released on Friday, the regulator said that it “is not opining as to the legality, under the federal securities laws, of the transactions outlined in the Plan and reserves its rights to challenge transactions involving crypto assets.” The SEC also noted that the administrators for the FTX estate “have not identified th...
Binance CEO, Solana Founder Among Token2049 Highlights
The crypto industry is set to descend on Singapore for next month’s Token2049 event, with headline speakers including Binance CEO Richard Teng and Solana founder Anatoly Yakovenko next month. With an expected 20,000 attendees, Token2049 is “the largest crypto event of the year,” co-founder Alex Fiskum said in a statement. He added that, “We look forward to welcoming the global crypto community to Singapore next month for our most dynamic and immersive Token2049 experience yet.” Other headline sp...
Cardano’s Chang Hard Fork Introduces On-Chain Governance
On Sept. 1 at 21:44 UTC, layer-1 blockchain Cardano executed the 'Chang' hard fork at block 10,764,778, entering the “Voltaire Era” and introducing on-chain governance using its native token ADA. Following the hard fork, ADA token holders now have the power to elect representatives and vote on key development proposals. According to the Cardano roadmap, the Voltaire era “will provide the final pieces required for the Cardano network to become a self-sustaining system.” It added that the introduc...
Bitcoin Funds Drop $319 Million as Investors Line Up to Short
Investors were quick to pull cash out of Bitcoin exchange-traded funds (ETFs) last week as the number of people betting on the price of the biggest digital coin to drop soared. A total of $319 million exited funds from Fidelity, ARK Invest, and other Wall Street heavyweights that give investors exposure to Bitcoin, a Monday report by asset manager CoinShares said. It added that short Bitcoin investment products (that is, products used to bet that the price of Bitcoin will go down) received $4.4...
Elon Musk-Themed Telegram Game ‘X Empire’ Reveals End of Mining Ahead of Airdrop
X Empire, formerly known as Musk Empire, has announced when its mining phase will end. This means the project’s airdrop isn’t far away. Elon Musk-themed Telegram crypto game X Empire, formerly known as Musk Empire, has announced that it will be ending its “mining phase” on September 30. This sees the tap-to-earn game entering the last month for players to rack up points before the project’s upcoming airdrop. Ending its “mining phase” means that after September 30, any in-game progression will no...