Argentine President-backed LIBRA token tanks 85% as team reportedly dumps $87 million

Key Takeaways The LIBRA token crashed 85% as developers liquidated $87million in USDC and SOL. 82% of the token’s supply is concentrated, leading to centralization concerns. Share this article The LIBRA token,... Read more »

Argentina’s president withdraws support for LIBRA token, admits to skipping due diligence

Key Takeaways President Milei withdrew support for LIBRA token after it lost 85% value. Previously, Milei promoted CoinX, alleged as a Ponzi scheme impacting investors. Share this article Argentina’s President Javier Milei... Read more »

Bitcoin’s Coinbase premium index turns red as US January CPI looms

Key Takeaways Bitcoin’s Coinbase premium index is negative, indicating selling pressure from US investors. US Bitcoin ETFs saw negative flows for two days, but BlackRock’s IBIT fund logged $59 million in inflows.... Read more »

Bitcoin drops on hotter-than-expected inflation reports

Key Takeaways Bitcoin dropped 1.3% after US inflation data exceeded expectations. The Federal Reserve may maintain a restrictive policy stance due to rising inflation concerns. Share this article Bitcoin fell to a... Read more »

Fed Chair Powell reiterates no rush on rate cuts, cites strong economy

Key Takeaways Fed Chair Jerome Powell stated the US economy is strong and there is no hurry to cut interest rates. The labor market is strong and broadly balanced, according to Powell.... Read more »

DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts

Key Takeaways Bloomberg analysts predict Litecoin ETFs have higher approval odds than DOGE, SOL, and XRP. Litecoin’s classification as a commodity by the CFTC bolsters its ETF approval prospects. Share this article... Read more »

Ethereum reaches all-time high volume of $38B as Eric Trump voices bullish sentiment

Key Takeaways Ethereum reached a record daily spot trading volume of $38 billion. Eric Trump publicly expressed optimism about Ethereum’s investment potential. Share this article Ethereum reached a record $38 billion in... Read more »

Crypto crashes could wipe out up to $10 billion in leveraged positions, says Bybit CEO

Key Takeaways Bybit CEO estimates crypto liquidations could reach up to $10 billion. API limitations can cause discrepancies in reported liquidation data. Share this article Bybit CEO Ben Zhou estimates total crypto... Read more »

New Trump tariffs stoke inflation fears, trigger $2 billion in crypto liquidations, Bitcoin crashes to $92K

Key Takeaways Crypto crash wiped out $2 billion in leverage liquidations in the last 24 hours. Despite the recent decline, analysts suggest that a weaker dollar and lower US rates could create... Read more »

Russian power grid titan eyes Bitcoin mining ventures

Key Takeaways Rosseti Group is exploring cryptocurrency mining opportunities at underutilized power centers. The company aims to coordinate mining infrastructure deployment and increase revenue and tax payments. Share this article Rosseti, Russia’s... Read more »