Sasha

@sasha25

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Ethereum Founder Vitalik Buterin: LIBRA Crash Proves ‘Education Is So Important’ The Ethereum founder remains optimistic about Argentina’s role in the crypto space, lauding its “amazing builders.” Ethereum co-founder Vitalik Buterin has argued that the collapse of Solana meme coin LIBRA is a teachable moment, taking it as “an example of why education is so important.” In a tweet, Buterin said that, “The recent news should be taken not as a reason to give up,” emphasizing the importance of education in the crypto space. Lauding Argentina’s community of “amazing builders, who have already contributed some of the most important software in the Ethereum ecosystem,” he added that, “I continue to be very optimistic about Argentina and Latam's contributions and role in the space.” https://decrypt.co/307195/ethereum-founder-vitalik-buterin-libra-crash

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Happy Foggy Friday Nature Fam \\ 💫❤️ QC your best foggy shots.💫

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Massive Losses Emerge from Argentina’s LIBRA Altcoin Debacle A scandal involving the LIBRA altcoin in Argentina has led to significant financial losses for investors. According to blockchain analysis firm Nansen, 86% of investors collectively lost $251 million, while the winners only gained $180 million. This incident highlights the risks associated with altcoins linked to political figures. Investors quickly began purchasing the altcoin, with over 40,000 wallets investing in LIBRA. Its market capitalization surged beyond $4.5 billion. However, when insiders started selling off large quantities of the coin, the price plummeted suddenly. Within hours, LIBRA’s market value dropped by 90%. https://en.coin-turk.com/massive-losses-emerge-from-argentinas-libra-altcoin-debacle/

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I am pausing my activity on Warpcast for the foreseeable future due to the current issue with large number of bots. Recent posts over the past few months have received hundreds of likes and recasts coming mostly from bots.

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Wanchain Launches XFlows For Faster, Cost-Effective Native To Native Cross-Chain Swaps Wanchain introduces the XFlows platform for users to swap native or closest native-equivalent assets securely and efficiently. London, February 19 – Wanchain, a global leader in decentralised blockchain interoperability, is pleased to announce the launch of the XFlows – native to native cross-chain swaps. This new platform allows users to swap assets across chains using the XFlows technology and always receive native or closest native-equivalent assets. XFlows is a decentralised cross-chain solution powered by Wanchain’s cross-chain bridges that hold the best safety track record in the industry – seven years with zero downtime or exploits, giving users peace of mind with every swap. https://blockonomi.com/wanchain-launches-xflows-for-faster-cost-effective-native-to-native-cross-chain-swaps/

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Litecoin Price Action Follows XRP, Analyst Forecasts LTC To Target $600-$800 Litecoin price is poised for a 5x rally to between $600 and $800 if it continues following XRP's trend as it has done since 2018. Litecoin price shows bullish signs, with analysts predicting a 5x rally past $600. This bullish outlook follows a recent surge in Litecoin’s open interest to an all-time high of $765M per Coinglass. At press time, OI had dropped to $711M, but it remained at range highs. LTC price today trades at $123 at press time, retreating slightly from a daily high of $126. https://coingape.com/markets/litecoin-price-action-follows-xrp-analyst-forecasts-ltc-to-target-600-800/

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Happy Tree Tuesday 🌲 Let’s have a beautiful one!

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Crypto News: Will Fed Talks and Housing Data Impact Markets? Key US Events to Watch - The crypto news arena will likely witness volatile assets amid expected US events this week. - With Fed officials’ speech and housing data, investors are watching key economic data. Crypto market participants are watching how key economic data, set for release this week, will impact the market. The rising anticipation is based on the crypto market’s close tie with the US economy. Every economic event in the US can influence the crypto market’s trajectory, as CNF discussed earlier. Here are the key US economic economic events set to occur this week. https://www.crypto-news-flash.com/crypto-will-fed-talks-impact-markets

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Coinbase Is a Banking Giant, Calls To Audit the Fed, and More — Week in Review Coinbase is a banking giant, calls increase to audit the Federal Reserve, XRP bulls fight to hold $2.40, and more in this Week in Review. Coinbase is quietly reinventing itself as a banking giant with $420 billion in assets, poised to rival traditional banks and brokerages. At the same time, a growing chorus calls for an audit of the Federal Reserve to root out potential inefficiencies and fraud. XRP is battling to sustain its $2.40 price level amid bullish long-term signals, despite facing short-term hurdles. On the international stage, discussions between Donald Trump and Vladimir Putin on Ukraine and the U.S. dollar hint at a potential diplomatic breakthrough. Meanwhile, gold has soared to new heights at $2,942.70 per ounce. https://news.bitcoin.com/coinbase-is-a-banking-giant-calls-to-audit-the-fed-and-more-week-in-review/

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The right way of doing this is to build Internet First global private regulatory systems. The key concept is to treat regulation as a binary classifier. To minimize false positive AND false negative rates. To quickly approve good projects AND correctly flag bad projects. To disclose all financial interests of regulators and put decisions onchain. To allow for appeal, by multiple independent regulators, in the advent of an incorrect project classification. And, finally, to allow users to ignore those reviews if they so choose. That is, the right answer isn’t either (a) to just be randomly hostile towards projects or (b) to just tolerate everything or (c) to rely on the SEC and similar nation state regulators but rather (d) to build our own Internet First parallel regulatory systems that live on the Internet and aggregate signals *across* borders. We know this works because it works for Amazon (book reviews), Uber (star ratings), Apple (app Reviews), and many others. It will work for us.

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Africa Crypto News: CAR Meme Coin Scandal, Nigeria Leads in Crypto Fraud As Kenya’s DCI X Account Hacked Latest in crypto Africa from across the Africa crypto industry, the CAR crypto meme coin is now a scandal. Nigeria has an epidemic of crypto scams, and DCI was hacked in a Kenya crypto scam. Crypto is indeed a hotbed of innovation, but being a community-led industry, controversy is inevitable. The launch of MELANIA and TRUMP meme coins inspired many, including the president of the Central African Republic (CAR). After launching the CAR meme coin, prices soared before crashing in a classic shitcoin spectacle, drawing criticism. Meanwhile, Kenya and Nigeria face different challenges, mostly related to crypto-related hacks, which dent their respective reputations. This review covers some of the biggest crypto stories in Africa. https://99bitcoins.com/news/africa-crypto-news-car-meme-coin-scandal-nigeria-leads-in-crypto-fraud-as-kenyas-dci-x-account-hacked/

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gm weekend eurocasters i miss you

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Bitcoin scarcity is real as U.S. President Trump embraces BTC: What to expect in February Bitcoin mined has crossed the 19.96 million mark, meaning over 95% of Bitcoin in existence has been issued. The largest cryptocurrency could soon experience a scarcity amidst fast-paced BTC withdrawals from exchanges. U.S. President Donald Trump’s plan for a strategic Bitcoin reserve and developments like institutional adoption and Layer 2 rollout on BTC could catalyze demand for the digital asset. Bitcoin supply on exchanges decreased by nearly 15% since the declaration of the U.S. Presidential election results in November 2024. In the same timeframe, supply outside of exchanges has climbed from 17.99 million to 18.3 million, according to Santiment data. Typically, a decline in supply on exchanges and an increase in BTC tokens held by wallets outside of exchanges is considered a bullish sign for the digital asset. https://crypto.news/bitcoin-scarcity-is-real-as-trump-embraces-btc/

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XRP Price: Shows Promise as Trading Volume Supports Bull Case Above $2.32 XRP maintains stability above $2.32 while repeatedly testing $2.50 resistance, demonstrating persistent buying pressure amid an accumulation phase marked by decreased volatility and steady volume patterns. XRP’s price action has shown remarkable stability in recent trading sessions, maintaining support above $2.32 while repeatedly testing the crucial $2.50 resistance level. Over the past week, the digital asset has made four distinct attempts to breach this key price point, demonstrating persistent buying pressure despite short-term consolidation. The cryptocurrency’s recent price movements have established a clear trading range between $2.30 and $2.50, with notable volume clusters forming at these boundaries. This range-bound activity comes after a volatile start to February, where trading volumes reached elevated levels. https://blockonomi.com/xrp-price-shows-promise-as-trading-volume-supports-bull-case-above-2-32/

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Avalon Labs Considers First Bitcoin-Backed Debt Public Fund, Targeting Retail Investors Avalon Labs, a company focused on building on-chain financial products for Bitcoin (BTC), is exploring the possibility of launching a first Bitcoin-backed debt-focused public fund in the US. On Feb. 12, Avalon Labs announced in its X post that it is exploring the potential for this fund to align with the US Securities and Exchange Commission’s (SEC) Regulation A exemption. This regulatory pathway, often referred to as a “mini-IPO,” allows companies to raise capital from both accredited and non-accredited investors through a public offering without the extensive requirements of full SEC registration. While no official timeline has been announced, Avalon Labs is currently in the exploratory phase, evaluating regulatory frameworks and consulting with industry professionals to determine the feasibility of such a fund. https://cryptonews.com/news/avalon-labs-considers-first-bitcoin-backed-debt-public-fund/

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Bitcoin’s Price Movement: Watch for Critical Liquidity Levels This Week Recently, Bitcoin’s price has undergone significant movements due to liquidity accumulation at support levels. During this period, many short positions were liquidated, leading to a rapid recovery from the $94,500 mark, bringing the price to current levels. However, this uptrend may advance toward new liquidation levels, which could lead to a short-term decline. According to Coinglass data, following the liquidation of approximately $100 million in short positions at $95,000, there is an expectation of $200 million in long position liquidation around the $97,800 level. Potential liquidations at these levels could cause the price to retreat to $95,500. Conversely, technical indicators suggest that if Bitcoin breaks through the $97,800 resistance, the upward trend may gain momentum. https://en.coin-turk.com/bitcoins-price-movement-watch-for-critical-liquidity-levels-this-week/

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Drake scrolling through social this morning 😂

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Happy Mountain Monday nature Fam \\ 💫❤️🏔

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With $420 Billion Under Management, Coinbase Matches Major US Banks—CEO A well-known cryptocurrency exchange might have become one of the largest “banks” in the United States if the crypto platform is classified as a financial institution. This is an intriguing thought brought up by its top executive. Coinbase CEO Brian Armstrong made a fascinating assumption about the cryptocurrency exchange’s potential rank if it is considered as a bank, saying that Coinbase would be the 21st largest American bank in terms of total assets. bitcoinist.com/with-420-billion-under-management-coinbase-matches-major-us-banks-ceo/

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Is it Time for Shiba Inu Price to Rally as New Meme Coins Crash 90%? As the crypto market experiences turbulence, the Shiba Inu price remains near $0.000015, struggling to gain momentum amid widespread corrections. Bitcoin’s drop below $97,000 has fueled uncertainty, pressuring altcoins. Meme coins continue to decline, with newer tokens losing up to 90%. Shiba Inu faces resistance, leaving investors questioning whether it can stage a breakout or succumb to broader market weakness in the coming days. https://coingape.com/markets/is-it-time-for-shiba-inu-price-to-rally-as-new-meme-coins-crash-90/

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