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457 Following
220 Followers


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CoinGecko: TRUMP and MELANIA Memecoin Launch Marked Market Peak A CoinGecko report suggests that the memecoin sector peaked with the launch of TRUMP and MELANIA tokens, which initially surged but later crashed. The LIBRA token, tied to Argentina’s President Milei, further fueled the decline. Since February 3rd, memecoin market cap has dropped 32%, with trading volumes down 72%. Despite this, memecoins are expected to remain, though only a small fraction will survive long-term.
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BlackRock Warns of Bitcoin Supply Shock, Says There’s Not Enough for U.S. Millionaires BlackRock analysts warn that Bitcoin’s fixed supply makes it unable to meet rising demand, unlike gold. With up to 4M BTC lost or inaccessible, there wouldn’t be enough if every U.S. millionaire wanted just 1 BTC. The firm sees Bitcoin as a long-term store of value, a hedge against USD dominance, and a key asset in the digital transition. BTC is currently trading at $85,381.
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❕ $1 Billion in Crypto Liquidated as Trump’s Tariffs Take Effect Trump’s 25% tariffs on Canada and Mexico triggered a $1B liquidation in crypto within 24 hours, with 68% of liquidations hitting long positions. Bitcoin dropped to $81,879 before rebounding to $86,400, while SOL, XRP, and ADA also saw major liquidations. Analysts are watching if BTC can reclaim $90,787 as markets remain volatile.
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XRP Pulls Back After Surging to $3 on Trump’s Crypto Reserve News XRP soared 25% to $3 after Trump's strategic reserve announcement but has since retraced to $2.6, aligning with a descending trendline from January highs. Technical indicators show a cooling rally—RSI dropped from 70 to 48, MACD turned bearish, and price remains below the 50-hour SMA ($2.65) but above key support at the 200-hour SMA ($2.50). The next move depends on $2.50 holding, while a break above $2.65 could reignite a push toward $3 and higher.
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On-Chain Sleuth ZachXBT Joins Paradigm to Combat Crypto Fraud Renowned blockchain investigator ZachXBT has joined Paradigm, a top crypto investment firm, to assist portfolio companies in security investigations. Known for exposing hacks and scams, he has helped recover over $350M in stolen funds. His move to Paradigm strengthens industry defenses, but he reassured followers that his independent investigations will continue.
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📣 U.S. Congressman Pushes to Ban Officials from Profiting on Memecoins Rep. Sam Liccardo introduced the MEME Act, aiming to prohibit U.S. officials and their families from launching and promoting memecoins. The move comes after TRUMP and MELANIA tokens reportedly earned the Trump family $100M, while investors lost $2B. The bill faces opposition but highlights concerns over corruption and insider trading in crypto.
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❕ Pump.fun’s X Account Hacked to Promote Fake PUMP Token Pump.fun’s X account was hacked, falsely announcing a governance token launch. Despite the platform denying any token plans, eager traders fell for the scam. One wallet profited $135,000 in a minute by manipulating the fake token’s price. Bubblemaps revealed that over 60% of supply was controlled by two clusters, confirming it as a rug pull scheme. The incident highlights growing risks of social media hacks targeting crypto communities.
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Berachain TVL Surges to $3.26B, Overtaking Arbitrum and Base Layer-1 blockchain Berachain has surpassed Arbitrum and Base in DeFi rankings, reaching a TVL of $3.26 billion and securing the sixth-largest position in the sector. The network’s proof-of-liquidity consensus and recent $632M airdrop have fueled rapid adoption. With its liquidity-driven staking model and growing market share, Berachain is emerging as a serious competitor to Ethereum
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Key Token Unlocks for the Last Week of February Three major token unlocks are set to release $17.71M worth of tokens into the market: AltLayer (ALT) on Feb 25 (240.80M tokens, $11.3M), NFPrompt (NFP) on Feb 27 (14.51M tokens, $1.83M), and Portal (PORTAL) on Feb 28 (25.61M tokens, $3.58M). These events may impact liquidity and price dynamics, especially for ALT, which has previously faced volatility around unlocks.
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Can Solana Meme Coins Really Drive AI Innovation? Solana's Pump.fun has become a hub for AI-related meme coins, with projects like Truth Terminal and Fartcoin gaining massive traction. While some argue that tokenization helps fund AI research, critics, including Oxford researchers, claim that most AI coins are speculative bubbles with no real utility. Projects like DeepSeek-inspired tokens soared to multi-million-dollar market caps before crashing, highlighting the pump-and-dump nature of many meme AI coins. Despite the hype, experts remain skeptical about crypto’s role in genuine AI innovation.
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Ethereum Holds Steady as Bybit ETH Reserves Rebound After Lazarus Hack Ethereum remains stable at $2,795 despite the $1.4 billion Lazarus Group hack on Bybit. ETH balances on Bybit have rebounded to over 200,000 ETH ($558M) after dropping to 61,000 ETH on Friday. The increase suggests that Bybit may be buying ETH to restore confidence or that users are returning funds after the exchange committed to covering all stolen assets. However, technical indicators suggest a bearish trend, with the next key support at $2,155 unless ETH breaks above $3,085.
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Arthur Hayes Suggests Ethereum Rollback to Recover Bybit’s Stolen $1.4B BitMEX co-founder Arthur Hayes proposed rolling back the Ethereum network to reverse the Bybit hack, arguing that Ethereum had already abandoned immutability with the 2016 DAO hard fork. However, many in the community warn that such a move would disrupt DeFi, bridges, stablecoins, and the broader Ethereum ecosystem. While Hayes supports the idea, critics believe it could damage Ethereum’s credibility, forcing it to choose between decentralization and preventing bad actors from keeping $1.4 billion in stolen funds.
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Bybit Hacked: $1.46 Billion in ETH and stETH Stolen Bybit has suffered a major security breach, with hackers draining $1.46 billion worth of ETH and stETH from its cold wallet. CEO Ben Zhou confirmed the attack, stating that other wallets remain secure and withdrawals are functioning normally. The stolen assets are being liquidated on decentralized exchanges, with around $200 million already sold. This marks one of the largest crypto hacks in history, surpassing past exploits like Mt. Gox and CoinCheck. ETH and BTC prices have dropped following the incident.
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Bittensor (TAO) Jumps 20% on Coinbase Listing News Bittensor (TAO) surged 20% after Coinbase announced its listing today on February 20. Already on Binance and Kraken, the AI-focused token could gain further traction with this addition. Backed by Pantera Capital and Digital Currency Group, Bittensor is seen as a key player in decentralizing AI.
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Restores USD Deposits and Withdrawals After Nearly Two Years Binance.US is reintroducing U.S. dollar deposits and withdrawals for the first time since June 2023, following regulatory challenges with the SEC. The exchange, which had been operating as a crypto-only platform, will gradually roll out ACH bank transfers to eligible users starting today. Despite Binance.US seeing its market share drop from 10% to 0.1% over this period, the company views this fiat reinstatement as a major step toward recovery.
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Chainlink (LINK) Whales Accumulate $19M Amid Market Drop Despite a 9% drop in the past 24 hours, pushing LINK to $17.51, whales have accumulated 1.1M LINK ($19M), signaling confidence in the asset. Cardano’s Charles Hoskinson hinted at potential Chainlink integration, reinforcing its importance in bridging on-chain and off-chain assets. With $15.72 as support and $19.75 as resistance, a breakout could push LINK toward $20–$25 in the coming weeks.
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Daily Recap: Curve Finance Founder Raises $5M, Libra Fallout Continues ▻ Curve Finance founder Michael Egorov raised $5M for his new project, Yield Basis, at a $50M valuation, aiming to optimize liquidity for BTC and ETH holders. ▻ Meteora co-founder Ben Chow resigned following backlash over his involvement with the LIBRA memecoin, while the platform launched an insider trading investigation. ▻ Argentina’s President Milei denied promoting LIBRA, claiming he only intended to "spread the word." The token collapsed 95%, and Milei now faces fraud charges. ▻ Hyperliquid launched HyperEVM on mainnet, introducing Ethereum-compatible smart contracts
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Solana Extends Losses, Underperforms Bitcoin Amid Meme Coin Collapse Solana (SOL) has dropped 32% in the past 30 days, significantly underperforming Bitcoin (-8%) and Ethereum (-17%). The decline is linked to the fading meme coin hype, with concerns over pump-and-dump schemes on the network. At $169.74, SOL is down 8.47% in 24 hours and 16.16% over the past week, fueling skepticism about its market sta
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Abstract Chain Investigates Wallet Drains Linked to Cardex Ethereum Layer 2 Abstract Chain is investigating wallet drain reports, with the issue seemingly linked to Cardex, an onchain fantasy game. Abstract assured users that this is not a network-wide breach but advised against interacting with Cardex for now. Users reported losses from a few hundred dollars to over $100K, sparking concerns and accusations of a rug pull. The investigation is ongoing. 📌Powered by V3V Ventures
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Binance founder, CZ, to donate 150 BNB worth $100,000 to help victims of the $LIBRA scam.
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