Market's Speculative Fringe Is Blasted as Equity Rout Snowballs
The flight from risk taking place in US equities has been painful for the tech giants who were last year's big winners, but it pales in comparison to the walloping being doled out in the more speculative fringes of the market.
Take Reddit Inc., the social-media company whose shares more than quadrupled last year. It tumbled 20% on Monday, its worst day since going public last year. Retail favorites like Tesla Inc. and Palantir Inc. both sank more than 10%. Strategy Inc., which has turned into a proxy for Bitcoin, dropped 17% and Cathie Wood's ARK Innovation exchange-traded fund declined 8.8%.
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New York Post
an hour ago
- New York Post
How to find upcoming tokens using the best crypto launchpad
The New York Post may receive revenue from affiliate/advertising partnerships for sharing this content and/or if you click or make a purchase. Cryptocurrency investors eager to discover the next breakout project will find it essential to understand how to navigate launchpads. These platforms are a gateway to early-stage tokens, offering tools for discovery, research and purchasing. Among the top options for tracking new crypto projects is Best Wallet — a user-friendly app that helps investors identify token launches, analyze tokenomics and manage digital assets more efficiently. Launchpads are a vital resources for cryptocurrency investors eager to hop on the next big thing. Art_Photo – This guide outlines how to use leading tools and methods, with insights from industry experts. Download a trusted exchange app — Start by choosing a licensed crypto exchange. We recommend starting with the Best Wallet app, available in both the iOS and Android app stores. Create and verify your account — Sign up using your email, Google, or Apple ID. To complete registration, you'll need to verify your identity with a government-issued ID and enable two-factor authentication (2FA) for added security. Fund your account — Deposit money into your account by linking a bank account or credit card or even using gift cards. Choose an option that best fits your lifestyle for convenience or anonymity. Buy your first cryptocurrency — Use the app's marketplace or swap tool to purchase crypto by entering the ticker symbol — like BTC for Bitcoin or ETH for Ethereum — and follow the prompts to complete the transaction. Choose how to store your crypto — Decide whether you'll keep your crypto in the exchange, move it to a digital wallet (hot wallet), or store it offline (cold wallet) for extra protection. Early access to token sales can give investors a significant advantage. 'Moonshot and DexScreener are currently dominant. New apps launch all the time. Users are not very sticky,' Zaki Manian, a prominent blockchain developer and advisor, told The Post. In other words, user retention is low — people often switch between platforms, try new tools, and move on quickly if something more appealing comes along. This is especially common in the fast-moving world of crypto, where new apps and services frequently emerge, and hype or incentives can draw users away from established platforms. Solana's low fees and high throughput have made it a hub for emerging tokens. photo_gonzo – To stay ahead, monitor crypto discussion forums, Telegram and Discord groups and follow announcements on platforms like CoinDesk and Cointelegraph. Tools like BestWallet and CoinLaunch offer curated listings of new and upcoming projects. Solana's low fees and high throughput have made it a hub for emerging tokens. Investors can track launches through Raydium's AcceleRaytor, view token activity on Solscan and connect using Phantom Wallet. Staying engaged with these tools ensures timely access to new projects. Uniswap is a decentralized exchange (DEX) built on Ethereum that allows users to trade and list tokens without relying on a centralized intermediary. Uniswap As one of Ethereum's primary decentralized exchanges, Uniswap is a hotspot for early-stage tokens. Users can spot new listings through the 'Explore' section, or use DexScreener for detailed analytics. Following Ethereum developer channels and crypto influencers on X is also helpful. PancakeSwap is a decentralized exchange built on the Binance Smart Chain that allows users to trade cryptocurrencies, provide liquidity and earn rewards through yield farming and staking. Pancakeswap PancakeSwap, built on BSC, is ideal for accessing new projects in the Binance ecosystem. Check its homepage for new listings and announcements, or explore tools like CoinLaunch for aggregated token data. Community groups on Telegram often provide early alerts. Phantom is a user-friendly, non-custodial cryptocurrency wallet built for the Solana blockchain. Phantom Phantom is more than a wallet — it's a gateway to the Solana ecosystem. Investors can use its interface to identify and manage new tokens, often before they appear on broader exchanges. Phantom's integration with apps and token explorers enhances its value for discovery. Raydium enables fast, low-cost token swaps. Raydium Raydium's AcceleRaytor is a launchpad for vetted Solana-based projects. It provides information on upcoming sales, participation requirements and project documentation. Staying subscribed to Raydium's updates and engaging with its Discord can keep users ahead of the curve. Solscan offers deep insight into Solana transactions and token histories. By tracking wallet movements and monitoring contract deployments, users can spot emerging tokens. It's a research tool that adds confidence to early-stage investing. The Binance Smart Chain ecosystem is fast-moving and densely populated. PancakeSwap is the leading platform, but BSCScan is crucial for following new token contracts and deployments. Tools like DexScreener and BestWallet can be synced to filter for BSC-based launches. Early access to token sales can give investors a significant advantage. Yingyaipumi – Token creation is governed by blockchain protocols and smart contracts. 'Tokens are created through blockchain protocols, often via smart contracts, where developers define the token's supply, distribution, and functionality before deploying them on a blockchain network,' said Martin Leinweber, director of digital asset research and strategy at MarketVector Indexes. 'Tokens are just computer programs. As a result, the mechanisms are limited only by imagination and economic constraints. But the more 'unique' your token is, the more work it will be to make the token available and discoverable by users,' added Zaki Manian. Finding reliable launchpads begins with trusted news sources and research. 'Investors can find launchpads by researching reputable platforms on crypto news sites like CoinDesk or Cointelegraph, following social media channels like X and Telegram for project announcements, or exploring curated lists on sites like CoinLaunch,' said Leinweber. Launchpads help blockchain projects fundraise and reach early supporters. 'A crypto launchpad is a platform that helps new blockchain projects raise funds by offering early-stage token sales to investors, often providing vetting and marketing support,' said Leinweber. To stay ahead, monitor crypto discussion forums, Telegram and Discord groups and follow announcements on platforms like CoinDesk and Cointelegraph. Maximusdn – Manian added: 'Launchpads work by standardizing token designs to make tokens easier to design.' No launchpad is perfect for every investor, but a few have established strong reputations. 'There's no one-size-fits-all answer, but platforms like Binance Launchpad, CoinList, and DAO Maker are widely regarded for their credibility, user base, and past project success. However, this doesn't mean that every token launch will be a success. Investors have to do their own research,' said Leinweber. Manian called 'the most famous launchpad right now' though, he added, 'there are many many more.' 'People choose launchpads for idiosyncratic reasons or because they are lacking features like dividing creator trading fees or anti-sniping mechanisms on launch or built-in airdrop features,' said Manian. Exchanges vary in quality and reliability. 'The best crypto exchanges prioritize security, liquidity, regulatory compliance (KYC/AML), and transparent custody practices,' said Leinweber. 'Based on different industry benchmarks, the most reputable names include Binance, Coinbase, Kraken, Bitstamp, Bullish, and Gemini.' Are You Crypto Curious? How to start crypto trading today Best Wallet Download a trusted exchange app — Start by choosing a licensed crypto exchange. We recommend starting with the Best Wallet app, available for both iOS and Android. Create and verify your account — Sign up using your email, Google, or Apple ID. To complete registration, you'll need to verify your identity with a government-issued ID and enable two-factor authentication (2FA) for added security. Fund your account — Deposit money into your account by linking a bank account or credit card or even using gift cards. Choose an option that best fits your lifestyle. Buy your first cryptocurrency — Use the app's marketplace or swap tool to purchase crypto by entering the ticker symbol — like BTC for Bitcoin or ETH for Ethereum — and follow the prompts to complete the transaction. Choose how to store your crypto — Decide whether you'll keep your crypto in the exchange, move it to a digital wallet (hot wallet), or store it offline (cold wallet) for extra protection. LEARN MORE
Yahoo
2 hours ago
- Yahoo
BlackRock's Bitcoin Fund Becomes Quickest ETF to Top $70 Billion
BlackRock, Inc. (NYSE:BLK) is one of the best stocks for a . The company's iShares Bitcoin Trust (IBIT), the biggest Bitcoin ETF available, has reached $70 billion in assets faster than any ETF before it, marking another major achievement. According to Bloomberg analyst Eric Balchunas, IBIT, the leading option among the 12 Bitcoin ETFs currently on the market, hit the milestone on June 9, 341 days after its launch. Balchunas noted on X that IBIT reached that level '5x faster than the old record held by GLD of 1,691 days,' referring to State Street's well-known gold ETF. Though firms like Fidelity and VanEck also offer Bitcoin ETFs, none match BlackRock's in size. Fidelity's FBTC holds $20 billion, while Grayscale's GBTC trails slightly with just under $20 billion. IBIT and ten other Bitcoin ETFs made their debut early last year following long-awaited approval from the Securities and Exchange Commission. Their launch highlighted strong investor interest in gaining exposure to Bitcoin's price, with IBIT pulling in over $1 billion in assets during its first four days. By November, BlackRock, Inc. (NYSE:BLK)'s Bitcoin ETF had outpaced its gold ETF in assets, becoming the largest among the firm's 1,400 global funds. While we acknowledge the potential of BLK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio
Business Insider
2 hours ago
- Business Insider
From Cosmos and NEAR to Bitcoin Mining: Legal Heavyweight Nathan Cho Joins TeraHash
TeraHash, the protocol democratizing Bitcoin mining, announced the strategic appointment of Nathan Cho, a distinguished legal veteran from NEAR Protocol, Cosmos and U.S. Bank, as its new Head of Legal. This strategic hire marks a significant accomplishment for the company, reinforcing its commitment to robust compliance and governance as it prepares for global expansion. Mr. Cho brings over 15 years of distinguished legal leadership, with remarkable U.S.-based experience at the intersection of finance, cryptocurrency, and emerging technologies. In his new role, he will oversee TeraHash's legal strategy, ensure compliance with global regulations, and build a comprehensive risk management process to support the protocol's innovative "mining-as-a-service" model. "I am thrilled to join the TeraHash team at this turning point," said Nathan Cho. "The company is solving a fundamental challenge in the digital asset space by making Bitcoin mining transparent, accessible, and secure. I look forward to helping the company expand, grow, and solidify its position as one of the most trusted names in decentralized mining." Nathan joins TeraHash after having served as General Counsel of All in Bits (Cosmos) and Deputy General Counsel of NEAR Foundation. His extensive career also includes senior roles at multiple fintech startups and U.S. Bank. He brings deep expertise in building legal frameworks for decentralized and blockchain-based ventures. About TeraHash TeraHash is the global Bitcoin mining protocol that makes mining as easy and accessible as staking in DeFi. By tokenizing real-world mining power into $THS tokens, where 1 $THS represents 1 TH/s of hashrate, TeraHash allows users to receive Bitcoin mining-based rewards without needing to own hardware or manage infrastructure. Founded by mining veterans and ex-Wall Street professionals, the protocol removes traditional barriers to entry, offering an instant, permissionless, and transparent way to participate in Bitcoin mining. Unlike legacy models, TeraHash operates entirely on-chain, with every token verifiably backed by live, audited infrastructure, guaranteeing transparency, security, and trust.
