Bitcoin cracked a fresh all-time high on Monday, changing hands at $123,000 at one point before a slight drawdown. The jump crowns a choppy weekend that flushed out short-term excess and leaves the world’s largest cryptocurrency up 30% so far this year.
Bank of England Governor Andrew Bailey has told the world’s largest lenders to shelve plans for their own stablecoins and instead issue tokenized versions of pounds held on deposit.
Pump.fun needed only 12 minutes on Saturday to raise about $500 million from retail investors across Bybit, Kraken, KuCoin and other exchanges.
Top stories in the Crypto Roundup today:
- Coinbase Team Up With Perplexity AI on Real-Time Crypto Data
- BoE Chief Bailey Tells Banks to Skip Own Stablecoins
- Pump.fun Pulls In $500M in 12-Minute Token Sale