The new capital markets head will focus on tokenization, real-world asset markets, and collateral mobility.
Meme coins have spent most of their existence in the crypto market as retail-driven and hype-fueled, swinging from moonshot highs to brutal pullbacks in a matter of hours. But this year is beginning to look different. Institutional players are circling, looking for ways to package meme exposure in regulated, exchange-traded formats. That shift is significant. More liquidity can lead to larger price swings in either direction. However, it also strengthens the position of projects with strong narratives, engaged communities, or genuine utility to break out. And while mainstream finance still treats most meme coins as a joke, some of the biggest asset managers are now lining them up for ETFs. One of the clearest signs of that shift just came with the announcement of the Canary Capital Trump Coin ETF. If meme coin ETFs begin launching, the top meme coins – including TOKEN6900 ($T6900) – might be in a good position to benefit from the surge. Canary Capital Bets on $TRUMP On August 13, digital assets and fund manager Canary Capital registered the Canary Trump Coin ETF in Delaware, indicating plans to launch a spot ETF linked to the Solana-based meme coin. If filed and approved, it would join a small queue of US spot meme coin ETF applications that already include $DOGE, $BONK, and $PENGU. Most ETFs still focus on $BTC and $ETH, so targeting a smaller, high-volatility meme coin is an uncommon move. In March, Canary Capital CEO Steven McClurg framed altcoin ETFs as a bet on undervalued digital assets that institutions do not yet price in, in an interview with CryptoSlate. Approval would not guarantee calmer markets, but it could widen liquidity, improve price discovery, and bring authorized participants into a niche that has lived on pure spot volumes. Meme coin ETFs could see the market explode due to the added liquidity and attention. With that in mind, here are three tokens worth keeping an eye on: 1. TOKEN6900 ($T6900) – Pure Meme Chaos TOKEN6900 ($T6900) takes the idea of a meme coin and strips it back to its most absurd core. There’s no roadmap, no utility, and no lofty promises. Just pure, weaponized internet humor. Priced at $0.00695, the presale recently reached the $2M mark, with early buyers earning 34% APY through staking. The project riffs on the success of SPX6900, but adds one extra token to the supply – making it “objectively superior” in meme logic. In a market where even ETFs are circling meme coins, $T6900 leans into the chaos instead of trying to justify itself with fake fundamentals. If meme coin ETFs spark a broader speculative frenzy, TOKEN6900’s unapologetic brand of nonsense might be exactly the kind of story that catches on. Check out the TOKEN6900 ($T6900) presale today. 2. Snorter Token ($SNORT) – Meme Coin Meets Telegram Trading Bot Snorter Token ($SNORT) blends meme culture with genuine trading functionality. Built as a multi-chain token for Solana and Ethereum, $SNORT powers a Telegram-native bot that’s designed for speed and precision in the meme coin markets. The presale has already raised over $3.1 million, with tokens priced at $0.1013 and offering an impressive 141% APY for stakers. The bot itself provides sub-second swaps, copy trading tools, rug and honeypot detection, and ultra-low fees of 0.85%. This appeals to traders seeking fast execution without a high cost. By blending utility with meme branding, Snorter connects two rapidly expanding areas in crypto. If meme coin ETFs help legitimize the meme sector, utility-backed projects like $SNORT could benefit from the credibility boost while retaining their retail appeal. Visit the Snorter Token ($SNORT) presale website. 3. Pudgy Penguins ($PENGU) – Solana’s Meme King $PENGU is the official token of Pudgy Penguins, one of the most recognisable NFT brands in the world. With a market cap of roughly $2.3B, it has built an empire that stretches well beyond Web3 – securing partnerships with Lufthansa, NASCAR, Walmart, Formula 1, Suplay Inc., and even publishing giant Random House. If the $TRUMP ETF moves ahead, $PENGU’s likely will too. Institutions won’t ignore a project thats reach spans physical toys in Walmart, branding on F1 cars, and integration into airline loyalty programs – all of which funnel new audiences toward the token. That mix of cultural status and substantial partnerships gives $PENGU a foundation that few meme coins can claim. Combine that with ETF speculation, and you have a meme asset that could become an institutional talking point. Final Thoughts – Meme ETFs Could Reshape the Playing Field Canary Capital’s ETF filings for $TRUMP indicate that meme coins are moving into a more structured, regulated phase. For retail traders, that could open new opportunities – but also bring increased competition and scrutiny. Within this shifting landscape, $T6900 leans into pure chaos, $SNORT adds real utility into the mix, and $PENGU thrives on community and brand power. This article is not financial advice. Meme coins remain high-risk, so please do your own research before buying into any projects.
Singapore is emerging as a leading hub for digital finance innovation. The city-state is quickly becoming a global hotspot for tokenized assets, when blockchain tech is making investing faster, more accessible, and more transparent than before. Singapore is taking tokenisation from pilots to real-world adoption, advancing regulated finance with greater access, efficiency, and market maturity: …
Turkish crypto exchange BtcTurk has been targeted by a major cyberattack, which resulted in the theft of roughly $48 million in digital assets. On Aug. 14, blockchain security firm Cyvers reported that the stolen funds were moved across multiple networks, including Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon. Most of the assets were transferred […]
The post BtcTurk hack sees $48 million in crypto vanish from hot wallets appeared first on CryptoSlate.
Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.
Most AI startups are just prompt arbitrage built on rented compute. By 2027, platform landlords will crush 70% of them. Only decentralized AI will survive.
The shift points to a staking ecosystem that is maturing. For Ethereum, this diversification may be a sign of improved blockchain health.
BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.
On-chain stock trading today is inferior to traditional markets. But we can bet advantages will emerge before too long, says EY’s Paul Brody.
Bitcoin hit a new all-time high (ATH) on August 13, providing a bullish outlook for the leading cryptocurrency. Ethereum has also recorded remarkable gains in the last seven days, bringing it close to its ATH. This development has occurred thanks to macro factors, which are boosting risk-on sentiment. Bitcoin Hits New ATH While Ethereum Records Massive Gains CoinMarketCap data shows that Bitcoin has reached a new ATH of $124,400, surpassing its previous ATH of around $123,091, which it hit just a month ago. Meanwhile, Ethereum is up almost 30% in the last seven days and is now just about 2% away from its ATH of $4,891. With the crypto market boasting this bullish momentum, ETH is expected to reach a new ATH sooner rather than later. Related Reading: Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run These rallies for Bitcoin and Ethereum have occurred on the back of positive macro developments such as the U.S. CPI data, which has boosted hopes of a September Fed rate cut. The July CPI inflation data came in at 2.7%, which showed that inflation in the country was steady. This reading was also lower than the expected 2.8%. Meanwhile, earlier on, the July job data had suggested that the U.S. labor market was weakening after nonfarm payrolls rose to 73,000, lower than the expected 147,000. Meanwhile, May and June figures were revised to 19,000 and 14,000 from 144,000 and 147,000, respectively. These developments have proven bullish for Bitcoin and Ethereum as the odds of a 25-basis-point (bps) September Fed rate cut have reached as high as 99%, according to CME FedWatch. These odds are now at 95% while there is a 4.2% chance of a 50 bps, which would be more bullish for these crypto assets if it happens. Rate cuts inject more liquidity into the market and boost investors’ appetite for risk-on assets like BTC and ETH. Higher Prices Still Likely For BTC Crypto analyst Ezy said that the Bitcoin price is in the ‘Sign of Strength’ phase, signaling that this is the beginning of a major bullish move after a period of accumulation by whales. The analyst added that the first target in this phase is typically the 1.618 Fibonacci, which is around $130,000. Related Reading: None Of These 30 Bitcoin Bull Market Top Indicators Have Been Triggered Meanwhile, the Ezy stated that the second target is at the 2.0 Fibonacci level, near $145,000, and the final target is around $166,000. His accompanying chart showed that Bitcoin can reach these targets between September and October, around when the monetary easing cycle is expected to begin. At the time of writing, the Bitcoin price is trading at around $122,600, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay chart from Tradingview.com
Over $500 million in cryptocurrency positions were liquidated in the past 1 hour as investors reacted sharply to the latest U.S. Producer Price Index (PPI) report. The hotter-than-expected inflation data has effectively eliminated near-term expectations for Federal Reserve interest rate cuts, sending bearish threat through the crypto market. US PPI Data Comes in Hot Worries …
Institutional adoption, FX settlement and cross-border flows are expected to drive stablecoin growth, a report by Keyrock and Bitso said.
US Treasury Secretary Bessent has confirmed that the government is not planning to buy Bitcoin at this time. His remarks put to rest speculation about potential US entry into the crypto market. While acknowledging the growing role of digital assets, Bessent emphasized that the Treasury’s current focus remains on regulation and oversight rather than direct …
September has earned a dark nickname in the crypto world, “Rektember,” a month when digital asset prices often stumble. While past years have seen sharp declines, 2025 could bring either the same pain or a surprise twist. Dan from Coin Bureau believes unique global and market factors might change the pattern, but early signs of …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the […]
The post Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour appeared first on CryptoSlate.
Coinbase has completed its acquisition of Deribit, a top crypto options trading platform with approximately $59 billion in open interest and a record $185 billion in monthly trading volume in July. Deribit recorded over $1 trillion in trading volume last year, making it a dominant player in the crypto derivatives market. This acquisition enables Coinbase …
Ether outperformed last month as volumes, ETF flows hit records, the report said.
Vietnam’s police said they arrested 20 people in the country’s largest crypto scam, a multibillion-dollar Ponzi scheme built around Paynet Coin.
Turkish cryptocurrency exchange BtcTurk, the country’s second-largest and oldest, has been hacked, with over $48 million worth of assets stolen. The attacker has completed transferring the stolen funds and started exchanging them. In response, BtcTurk has suspended all cryptocurrency deposits and withdrawals while investigating the breach. The hack affected multiple blockchains, including Ethereum, Avalanche, and …
Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles […]
The post Strategy and El Salvador saw massive gains as Bitcoin hit new peak appeared first on CryptoSlate.
The SUI price has once again approached the $4 resistance zone, after rebounding from August lows. Its recent strength is fueled not only by technical recovery but also by a wave of ecosystem growth, exchange listings, and institutional interest. SUI Price Chart Signals Strong Resistance Test Looking at the SUI price chart, the token has …
Stellar (XLM) joined Uniswap (UNI) as an underperformer, shedding 6% from Wednesday.
The US Securities and Exchange Commission gave regulatory greenlight to another crypto ETF. It accepted the filing for Invesco Galaxy Spot Solana ETF, a proposed exchange-traded fund (ETF) designed to track the spot price of Solana (SOL). SEC Acknowledges Filing for Invesco Galaxy Spot Solana ETF Invesco Galaxy Solana ETF initially filed an application on …
A sophisticated cyber operation is quietly infiltrating remote tech jobs worldwide. Blockchain investigator ZachXBT uncovered a major leak from a DPRK IT worker’s device showing a small team of five managing 30+ fake identities, with government IDs and purchased Upwork/LinkedIn accounts to obtain developer jobs at projects. They also claimed experience at top blockchain companies …
For much of late 2024 and early 2025, many in the crypto world believed XRP could overtake Ethereum in market capitalization. The belief grew after XRP’s powerful rally late last year, which saw it outperform most major coins while Ethereum struggled to hold key price levels. At the time, market analysts were confident the gap between the two would soon close. Now, one of the most vocal supporters of the flippening, a popular analyst known as Charting Guy, has reversed his position and says it’s unlikely to happen anytime soon. Analyst Backtracks On XRP Flippening Ethereum Prediction Charting Guy pointed to the period between November 2024 and January 2025, when XRP surged nearly 600%, while ETH barely moved and even dropped to lows of $1,385 in April. During that time, XRP’s price strength and rapid market cap growth, increasing about seven times in just weeks, led many to believe it could become the top altcoin. Related Reading: The Grand Bitcoin Roadmap: Crypto Expert Says $160,000 Still In The Works However, in a post this week, Charting Guy admitted, “that is no longer the case.” He explained that he re-entered Ethereum in April, near its lows, and since then, ETH has shown “immense strength.” As of today, Ethereum is trading just 10% below its all-time high of $4,891, reaching $4,784 earlier in the day. Its current price of $4,736 marks a 239% increase from its April low. The surge pushed Ethereum’s market cap to $572 billion, compared to XRP’s $193 billion. The gap between them, now more than $368 billion, has grown significantly since July 13, when it was under $200 billion. Charting Guy says Ethereum’s strong performance has made a flippening far less realistic, at least in the near term. Ethereum’s Strength Leaves XRP Playing Catch-Up In the past four weeks alone, ETH has jumped 52%, while XRP’s growth has largely stalled. Even if XRP were to rise 2.5 times from its current price of $3.22 to roughly $8, its market value would be around $477 billion, still far short of Ethereum’s current level. Related Reading: Raoul Pal Says He’s Been Long XRP For 4 Years After Calling It A “Moron” Trade Charting Guy also pointed out that for XRP to match Ethereum’s current market cap, it would need to reach $9.30, and that’s assuming ETH stops moving entirely while XRP rallies 3x. In his view, that scenario is “rather unlikely.” He warned against listening to “moon boys” who push unrealistic XRP price targets while ignoring Ethereum’s continued strength. Instead, he advises investors to hold both assets, arguing that being too focused on one coin leaves traders exposed if the market moves in a different direction. He stressed that Ethereum’s strong rally was overdue, as it had been playing catch-up to Bitcoin for most of the season. What once seemed like a real possibility now appears distant as Ethereum gains momentum. While XRP still has room to grow, it’s clear that Ethereum is not standing still, making the race between them more one-sided for now. Featured image from Dall.E, chart from TradingView.com
Framework Ventures leads Series A for GPU-collateralized stablecoin protocol USD.AI
The Dinari Financial Network will serve as a coordination layer for tokenized equities, with a group of institutions such as VanEck, BitGo and Gemini operating validators.
Gemini users can now access Web3 and DeFi ecosystems with social recovery, gas sponsorship, and integrated trading support.
Inflation at wholesale level in the U.S. in July sped up far beyond economist forecasts, calling into question expectations for lower interest rates.