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Kaito AI Airdrop Launch: Impressive KAITO Price Recovery After A Dramatic Start Kaito AI, the AI-powered InfoFi platform, finally launched its long-awaited KAITO token airdrop. Billed as a revolutionary step in tokenizing social media engagement through its “Yaps” system, the event was met with a whirlwind of anticipation and subsequent disappointment, as the tokenomics were unveiled just an hour before claiming went live. A dramatic market response followed, with early bearish sentiment giving way to a great recovery. Kaito’s journey from hype to reality offers a fascinating glimpse into the volatile world of crypto launches, with its community-driven model and ambitious vision at the storm’s centre. https://99bitcoins.com/news/kaito-ai-airdrop-launch-impressive-kaito-price-recovery-after-a-dramatic-start/
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Bitcoin Is Meme Coin? Coinbase CEO Clears Air LIBRA token’s $4 billion pump-and-dump scheme has triggered a broader market downturn. As per the data by CoinMarketCap, the overall meme coin market wiped out $42 billion from its market cap in the last 30 days. Related article: Dave Portnoy’s Greed Meme Coin Crashes 99% after He Cashes Out $258K Critics argue that the LIBRA scandal is the final nail in the coffin for meme coins, with notable figures like Nic Carter declaring that the sector is “unquestionably over”. However, Coinbase CEO has defended the sector’s role in the crypto landscape while acknowledging its current challenges. Armstrong stated that while he is not personally a meme coin trader, he recognizes their cultural significance. He pointed out that meme coins have existed since the early days of crypto, with Dogecoin https://www.coinspeaker.com/bitcoin-is-meme-coin-coinbase-ceo-clears-air/
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Hong Kong Regulator Unveils Roadmap to Strengthen Virtual Asset Ecosystem The SFC’s “ASPIRe” roadmap outlines 12 key initiatives to enhance market access, security, and product offerings. Hong Kong’s Securities and Futures Commission (SFC) has launched a comprehensive roadmap outlining strategic initiatives designed to strengthen the city’s position as a leading global hub for virtual assets. The SFC's “ASPIRe” roadmap introduces a five-pillar framework—Access, Safeguards, Products, Infrastructure, and Relationships—each targeting key aspects of the digital asset ecosystem, as per the SFC's Wednesday announcement. The 12-initiative roadmap is crafted to foster growth by enhancing market access, tightening regulatory safeguards, and expanding the range of virtual asset products available. https://decrypt.co/306652/hong-kong-regulator-unveils-roadmap-to-strengthen-virtual-asset-ecosystem
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Jupiter To Bring in External Investigator Following Chow’s Resignation As shocking revelations surrounding the Kelsier scandal continue to emerge, Jupiter co-founder Meow has finally given his eagerly awaited statement on the DeFi superapp’s path forward. While Meteora co-founder Ben Chow faces backlash for referring multiple memecoin projects to Kelsier CEO Hayden Davis as a launch advisor, Jupiter has doubled down on its commitment to transparency. https://solanafloor.com/news/jupiter-to-bring-in-external-investigator-following-chow-s-resignation
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Aston Martin F1 Embraces Crypto, Becomes First Team with Blockchain Deal Aston Martin has secured a groundbreaking multi-year sponsorship deal with cryptocurrency exchange platform Coinbase. This is the first Formula One team to confirm full payment in digital currency publicly. The agreement, unveiled on Friday, settles all payments between parties in USDC, a stablecoin pegged to the U.S. dollar at a 1:1 ratio. Aston Martin’s partnership with Coinbase establishes a key point in motorsports development because cryptocurrency has shown growing popularity throughout motorsports events worldwide. While several Formula One teams have secured sponsorships with digital asset companies, this is the first instance in which a team has confirmed receiving full payment in a stablecoin. https://www.crypto-news-flash.com/aston-martin-f1-embraces-crypto
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How to tokenize real-world assets on Bitcoin The way the world thinks about ownership and investing is shifting fast. Tokenization of real-world assets (RWAs) is rising as a concept that promises to reshape how you interact with everything from real estate to art. Now it’s even possible to do this with the support of the crypto mothership that is Bitcoin blockchain. By the end of this article, you’ll understand why and how to tokenize real-world assets on Bitcoin. Plus you’ll find out the use cases and potential challenges in the process. https://cointelegraph.com/news/how-to-tokenize-real-world-assets-on-bitcoin
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LIBRA memecoin – $4B wiped out as Argentina’s President denies promoting ‘scam’ - Argentina’s President denied knowing that the LIBRA project was a scam - Over $4 billion were wiped out from the LIBRA market, accelerated by insiders’ cash out Argentinian President Javier Milei is in the news today after he denied knowing that the LIBRA memecoin he initially promoted is a scam project. Within seven hours of its launch, the memecoin dropped by 96% on the charts, wiping out over $4 billion in market cap. In a post on X, the President stated that he didn’t have a connection with the team behind the LIBRA. He also mentioned that he stopped promoting it after he became “aware of its details.” https://ambcrypto.com/libra-memecoin-4b-wiped-out-as-argentinas-president-denies-promoting-scam/
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New Crypto to Explode as 20 US States Consider Bitcoin Reserve While implementing a strategic Bitcoin reserve on a federal level isn’t easy, 20 US states have proposed their own Bitcoin bills. This includes Oklahoma, Massachusetts, Ohio, Texas, and Illinois. North Carolina plans to allocate the largest sum to $BTC purchases, over $2.6B. If passed, these 20 US states would collectively buy roughly 247,000 $BTC, worth $23B at the current price. Some states plan to buy $BTC with general funds, while others are considering spending seized assets and donations. https://bitcoinist.com/new-crypto-explodes-as-us-considers-bitcoin-reserve/
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SEC Declares Memecoins Lacking Regulation, Sparking Market Reactions The U.S. Securities and Exchange Commission (SEC) has announced that memecoins do not fall within its regulatory jurisdiction. This declaration has reignited discussions about cryptocurrency regulations, particularly in light of the recent launch of Trump Coin. SEC Commissioner Hester Peirce emphasized that memecoins are not under the SEC’s purview according to current legislation, highlighting various perspectives on regulatory gaps and the lack of oversight in the sector. Commissioner Peirce indicated that memecoins may be subject to a different legal framework and that Congress or the Commodity Futures Trading Commission (CFTC) could potentially enact regulations. Her statements have once again brought to light the legal oversight deficiencies faced by memecoins due to regulatory loopholes, posing potential risks for investors & regulators. https://en.coin-turk.com/sec-declares-memecoins-lacking-regulation-sparking-market-reactions/
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Ethereum Price Analysis: ETH Faces Deeper Troubles, Risks Falling to $2.4K On the daily chart, it is evident that ETH has been experiencing a massive crash since breaking below the 200-day moving average, which is currently located around the $3,000 mark. While the price has even tested the $2,100 support zone during the crash, it has recovered and is currently testing the $2,700 level from below. If the market is able to reclaim this level and the 200-day moving average soon, a new bullish trend could begin. On the other hand, if it fails, the $2,400 support level will be the first target for a subsequent bearish move. https://cryptopotato.com/ethereum-price-analysis-eth-faces-deeper-troubles-risks-falling-to-2-4k/
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Hyperliquid price prediction: How high will HYPE token go? Can the Hyperliquid token continue to show strength? Check out our Hyperliquid price prediction below. Hyperliquid, is one of the largest players in the decentralized perpetual futures trading industry. The price of HYPE has shown good strength in a time when most altcoins have made new lows in the cryptocurrency market. Since its launch on Nov. 29, 2024, the HYPE token has seen an all-time high of $34.96 followed by a 31% drop in price. At the time of writing, it is now trading at $23.868, which is around a 19% increase from its weekly low. https://crypto.news/hyperliquid-price-prediction/
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New Meme Coin Could Skyrocket from $0.0004 to $12 Predicting 29,000% Gains in Early 2025 Crypto whales and savvy speculators have their eyes locked on an emerging meme coin with explosive potential. While most projects take years to achieve any notable movement, this low-cap gem is predicted to surge from a mere $0.0002 to $12, delivering jaw-dropping 29,000% gains. With BeerBear stirring excitement in the market, this underdog could dominate 2025’s early profits. https://www.crypto-news-flash.com/new-meme-coin-could-skyrocket-from-0-0004-to-12-predicting-29000-gains-in-early-2025
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Making it Decentralized! Kite AI launches its first AI-focused Blockchain on Avalanche Kite AI, the decentralized AI infrastructure provider, announced on Feb 6, its first AI-focused Layer 1 sovereign blockchain built on Avalanche, the 2020 launched Blockchain platform. Currently launched in its testnet stage, it made its public testnet live on Thursday, which is Stage 1: Aero. It is set to go through subsequent stages, viz., Ozone, Strato, Voyager and Lunar – the final launch embarking its complete transition to the mainnet. The launch is intended for providing free, transparent mechanisms for data providers, AI models and autonomous agents developers. By using Avalanche’s high scalability and 4,500+ TPS rate (Transactions per second), it will be able to process Kite AI’s heavy AI workloads. https://coingape.com/brandtalk/pulse/making-it-decentralized-kite-ai-launches-worlds-first-ai-focused-blockchain-on-avalanche/
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Cardano (ADA) Price Crashes 23% Moving in Oversold Territory, Is Bounce Back Coming? Cardano price has experienced a 23% decline in the past week moving into the oversold territory hinting the possibility of a bounce back to $1.0. As said the Cardano bears have been holding the upper hand at this point sending the funding rates negative. As a result, this has led to hesitation from the ADA bulls preventing any Cardano price recovery, despite being in the oversold region. Although the ADA price recovery seems uncertain at this point, bearish traders need to be careful here. Cardano’s liquidation map reveals that over $4.66 million worth of ADA is at risk of liquidation if the price approaches the $0.77 resistance level. https://www.coinspeaker.com/cardano-ada-price-crashes-23-moving-oversold-territory-bounce-back-coming/
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3 Crypto Tokens To Sell This Week Before Volatility Takes Over In the next few days, $378.22M worth of crypto unlocks will happen, bringing price crashes. Consider these crypto tokens to sell now. The crypto market is finally showing signs of recovery after its recent massive liquidation. However, the soon-to-be-coming crypto unlock event could introduce even further volatility for a few cryptos, so investors should consider selling those before the volatility takes over. In this blog, let’s discuss the top three crypto tokens to sell this week. According to the Tokenomist report, $150B worth of token unlocks will occur in 2025. Out of which, $378.22M worth of crypto tokens will be unlocked in the next seven days. Such unlock introduces additional tokens to the circulating supply, liquidating the value. https://coingape.com/trending/three-crypto-tokens-to-sell-this-week-before-volatility-takes-over/
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Terminus Network to Advance Web3 Transfers in Collaboration with Assetux Terminus Network, an innovative payment platform bridging between real-world and crypto transfers, has partnered with Assetux, a chain-agnostic and gasless crypto wallet. The collaboration focuses on advancing the transfer of digital assets, enabling an unparalleled Web3 adoption throughout the APAC jurisdiction. The platform took to its official X account to disclose this partnership. https://blockchainreporter.net/terminus-network-to-advance-web3-transfers-in-collaboration-with-assetux/
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Coinbase CLO to Address ‘Operation Chokepoint 2.0’ in Congressional Hearing Coinbase’s Chief Legal Officer, Paul Grewal, will testify before the U.S. Congress this week as lawmakers investigate allegations that federal regulators deliberately pressured banks to cut off financial services to crypto companies. “I’m testifying at the @FinancialCmte’s oversight hearing looking into the past clandestine and undemocratic campaign to cut off crypto from banking,” Grewal said in a post on X. “On behalf of Coinbase, I’m proud to help shed light on the unfair treatment of our industry.” The "Operation Choke Point 2.0: The Biden Administration's Efforts to Put Crypto in the Crosshairs” hearing comes amid industry clamoring that U.S. financial regulators, including the Federal Deposit Insurance Corporation (FDIC), engaged in an unofficial campaign—to limit crypto’s access to banking. https://decrypt.co/304275/coinbase-clo-to-address-operation-chokepoint-2-0-in-congressional-hearing
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Trump Tariffs Crash Bitcoin and Stocks. But Presales like Meme Index Can Survive and Thrive Bitcoin ($BTC) now trades at $95K after briefly touching $92K for the first time in three weeks. Out of the 100 top tokens, only four recorded minor 24-hour gains, including $FARTCOIN with an 8% increase (huh). The reason? Investors panic-sell on the back of Trump’s tariff war with Canada and Mexico. The stock market suffered a similar fate as S&P 500 futures dipped 1.9% and the Dow Jones Industrial Average spiraled by 1.5%. Is the meltdown warranted, or is there more to Trump’s plan than meets the eye? Tit-for-Tat: Trump’s Trade War Escalates First, context. Trump hit Canada and Mexico with 25% tariffs, excluding Canadian energy resources that are subject to a 10% levy, warning it could get a lot worse. China will pay a 10% duty on US imports. https://bitcoinist.com/trump-tariffs-crash-btc-presales-can-survive/
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Shiba Inu Skyrockets 847% in Burn Rate as 31,010,900 SHIB Vanishes Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a significant increase in its burn rate in the last 24 hours and since the past week. According to the SHIB burn X's most recent update, Shiba Inu's burn rate has skyrocketed by 847% in the last 24 hours, with 31,010,900 SHIB burned in this time frame. The figure remains higher for the week, with over 1.1 billion SHIB burned in the last seven days. According to Shibburn, 1,167,948,671 were burned since the past week, resulting in a 4,930% surge in the weekly burn rate. Contributing to the major surge in burn rate in the week was a massive 1 billion SHIB tokens burned as the Shiba Inu Core Team marked a significant milestone with the launch of the enhanced Shiba Inu Burn Portal, ShibTorch V2. https://u.today/shiba-inu-skyrockets-847-in-burn-rate-as-31010900-shib-vanishes
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BONK Price Forecast: Rebound Hopes Fade as TRUMP token drains 900M BONK Liquidity BONK price rose to $0.25 on Friday, up 9% in the last 3 days as bulls regained control after a rut of 7 consecutive losing days last week. While technical indicators showing further upside potential, TRUMP ton BONK price rebound begins after week-long losing streak BONK price experienced intense volatility as Solana’s memecoin ecosystem became a hotbed of speculation this week. After a sluggish start, BONK bulls regained control towards the weekend, reversing a seven-day losing streak that saw it decline by 30% after Trump’s inauguration. https://coingape.com/markets/bonk-price-forecast-rebound-hopes-fade-as-trump-token-drains-900m-bonk-liquidity/
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