After showing solid strength earlier this week, the crypto market is now moving sideways.
That is not a bad thing.
In fact, this type of consolidation is often healthy. It allows the market to cool off and gives traders better conditions to work with. While prices pause, we keep tracking what really matters as well. That means the biggest crypto news and the latest airdrop updates, so you stay fully in the loop.
Coingecko 500M: CoinGecko Explores Potential Sale
One of the biggest headlines right now is that CoinGecko is reportedly exploring a possible sale.
According to sources, the crypto data platform has hired Moelis to advise on the process. The targeted valuation sits around $500 million, although the discussions are still in early stages.
The timing is not random. Crypto M&A activity has accelerated sharply over the past year as the industry continues to consolidate. In 2025 alone, disclosed crypto deals reached roughly $8.6 billion, with a record number of transactions completed.
Large acquisitions have already set the tone. Coinbase acquired Deribit for $2.9 billion, while Kraken picked up NinjaTrader for $1.5 billion. Strategic buys across data, trading, and infrastructure are becoming the norm.
One important factor behind this trend is traffic pressure. As more users turn to AI tools for instant information, traditional data platforms are seeing fewer direct visits. CoinGecko’s monthly traffic reportedly dropped significantly compared to last year, a challenge shared across the sector.
For comparison, Binance acquired CoinMarketCap back in 2020 in a deal valued at up to $400 million. That transaction reshaped the data landscape overnight.
A hefty price tag either way.
If this is the benchmark, we’d say AirdropAlert at $25 million sounds very reasonable. Wink wink.
Airdrop Claims and Updates
If you are farming, this is the section you want to bookmark.
Several claims and deadlines are live right now, and missing them would be painful.
- Fogo airdrop claims are now live, with an FDV that briefly touched around 650 million. Make sure to check your eligibility.
- Youmio has also opened its testnet claim window.
- Monero is now live on Hyperliquid, which makes Season 3 farming even more interesting.
- Finally, if you farmed Hyperlend, do not forget to sign the terms. The deadline is approaching fast.
Staying organized here really matters.
If you want to stay prepared for the rest of the year, we strongly recommend reviewing our updated airdrop farming strategy for 2026.
WhiteWhale Becomes First 100M Meme of 2026
Memes are clearly not done yet.
WhiteWhale became the first memecoin to break 100 million market cap in 2026, and it did not stop there. At its peak, it pushed close to 200 million.
This one felt like a throwback. Fast moves, strong momentum, and serious volatility. We mentioned WhiteWhale early January, and within a week it managed a clean 3x. If you caught that move, well played.
After the hype cooled down, the price pulled back hard. WhiteWhale is now trading around a 72 million market cap. The big question is whether it can stabilize and survive this correction, or if it fades like many runners before it.
Eric Adams Memecoin Implodes After Launch
Things got messy fast with a memecoin promoted by former New York City mayor Eric Adams.
The token launched on Solana with a strong narrative and quickly exploded to a market cap of around $540 million. Less than 30 minutes later, it crashed by roughly 80%.
On-chain data and community reactions sparked immediate rug pull allegations. Several analysts claimed liquidity was removed shortly after launch, with estimates suggesting over $3 million was extracted.
The team behind the token pushed back, saying liquidity was rebalanced due to overwhelming demand and that additional funds were later added. Still, confidence was already damaged.
As of the latest update, the token remains far below its peak, and the episode serves as yet another reminder of how fast meme trades can turn.
Polymarket Dispute: Venezuela Bets Not Paid
Prediction markets are under fire again.
Polymarket has refused to settle over $10.5 million in bets related to a supposed US invasion of Venezuela. Traders believed the capture of Nicolás Maduro qualified as an invasion, but Polymarket ruled otherwise.
According to the platform, the market referred specifically to US military operations intended to establish control. They argued that a capture mission did not meet that definition.
The ruling wiped out large paper profits and sent odds crashing almost instantly. Unsurprisingly, traders were furious. Many accused the platform of redefining terms after the fact, pointing out how subjective interpretations can completely change outcomes.
This is not new. We have seen similar disputes before, even over details as trivial as wording or visual interpretation.
If you are farming prediction markets, this is a solid reminder. Stick to simple, binary outcomes. The more room there is for interpretation, the higher the risk of disputes.
Support Our Work
If you found this helpful, consider signing up on BloFin (Non-KYC) or Bybit using our referral links. Your support keeps this content free and flowing.
Final Words
This week was a perfect example of why crypto is never boring.
Markets are consolidating, big players like CoinGecko are exploring major strategic moves, memes are running and rugging at lightning speed, and prediction markets are once again testing the limits of trust.
As always, staying informed is an edge. Keep positions reasonable, double-check airdrop claims, and avoid overcomplicating farms where rules can be bent.
We will keep tracking it all, so you don’t have to.
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
Credit: Source link
