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CoinMarketCap Announcements

Barstool Sports Founder Dave Portnoy's $170,000 Mistake With LIBRA Token Fuels 3,000% Spike
https://coinmarketcap.com/academy/article/barstool-sports-founder-dave-portnoys-dollar170000-mistake-with-libra-token-fuels-3000percent-spike

MediaBarstool Sports founder Dave Portnoy has unintentionally invested nearly $170,000 in a lesser-known LIBRA token, leading to significant price fluctuations.

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CoinMarketCap Announcements

Hyperliquid's HyperEVM Goes Live on Mainnet, Promoting General-Purpose Programmability
https://coinmarketcap.com/academy/article/hyperliquids-hyperevm-goes-live-on-mainnet-promoting-general-purpose-programmability

MediaHyperliquid has officially launched its Ethereum Virtual Machine (EVM), known as HyperEVM, on its mainnet.

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CoinMarketCap Announcements

Bitcoin Investment Products Lose $430 Million as Inflation Concerns and Fed’s Caution Drive Market Shifts
https://coinmarketcap.com/academy/article/bitcoin-investment-products-lose-dollar430-million-as-inflation-concerns-and-feds-caution-drive-market-shifts

MediaBitcoin investment products saw substantial outflows last week, totaling $430 million, marking the first major decline of 2025.

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CoinMarketCap Announcements

Bitcoin Faces Potential Drop as "Death Crosses" Signal Retest of $92,000 Support
https://coinmarketcap.com/academy/article/bitcoin-faces-potential-drop-as-death-crosses-signal-retest-of-dollar92000-support

MediaBitcoin’s price faces potential downward movement as technical indicators signal a possible retest of support levels.

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CoinMarketCap Announcements

Scammers Launch Fake KSA Meme Coin Impersonating Saudi Crown Prince
https://coinmarketcap.com/academy/article/scammers-launch-fake-ksa-meme-coin-impersonating-saudi-crown-prince

MediaScammers have exploited the growing trend of celebrity-backed cryptocurrencies by launching a fraudulent meme coin titled "KSA," impersonating Saudi Arabia’s Crown Prince Mohammed bin Salman.

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CoinMarketCap Announcements

Argentinian President Javier Milei Charged With Fraud Amid $LIBRA Token Collapse
https://coinmarketcap.com/academy/article/argentinian-president-javier-milei-charged-with-fraud-amid-dollarlibra-token-collapse

MediaArgentinian President Javier Milei faces fraud charges related to his involvement in the $LIBRA token project, which recently experienced a dramatic collapse, losing 95% of its value.

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CoinMarketCap Announcements

[CMC Labs] Big move for Web3 gaming! 🎮

GAIMIN's new Smart Wallet makes managing game assets as easy as hitting 'Play'!

Read more 👉 https://coinmarketcap.com/academy/article/gaimin-launches-their-smart-wallet-gsw-to-revolutionize-gaming-and-web3-asset-management

#CMCLabs #Partnership

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CoinMarketCap Announcements

Over 600,000 New Crypto Tokens Launched in January, Raising Liquidity Concerns
https://coinmarketcap.com/academy/article/over-600000-new-crypto-tokens-launched-in-january-raising-liquidity-concerns

MediaIn January 2025, more than 600,000 new crypto tokens were launched, marking a significant increase compared to the same period in 2024.

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CoinMarketCap Announcements

Indian Authorities Seize $190 Million in Crypto Linked to BitConnect Ponzi Scheme, Track Fugitive Founder
https://coinmarketcap.com/academy/article/indian-authorities-seize-dollar190-million-in-crypto-linked-to-bitconnect-ponzi-scheme-track-fugitive-founder

MediaIndian authorities have seized nearly $190 million in cryptocurrency linked to the BitConnect Ponzi scheme, which collapsed in 2018.

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CoinMarketCap Announcements

Record $10.1 Billion Inbound Volume Reached by Solana Bridges
https://coinmarketcap.com/academy/article/record-dollar101-billion-inbound-volume-reached-by-solana-bridges

MediaSolana's bridges have achieved a significant milestone, reaching an all-time inbound volume of $10.1 billion as of Feb. 10, 2025, according to a data dashboard by analyst h4wk.

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CoinMarketCap Announcements

Zoo Game Announces Mining Results Following Jan. 31 Conclusion
https://coinmarketcap.com/academy/article/zoo-game-announces-mining-results-following-jan-31-conclusion

MediaThe Zoo Game, a popular Telegram-based virtual zoo management platform, has officially announced the results of its mining phase, which concluded on Jan. 31, 2025.

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CoinMarketCap Announcements

CZ Zhao’s Dog Name “Broccoli” Sparks Creation of 400+ Meme Coins, One Hits $400 Million Market Cap
https://coinmarketcap.com/academy/article/cz-zhaos-dog-name-broccoli-sparks-creation-of-400-meme-coins-one-hits-dollar400-million-market-cap

MediaChangpeng "CZ" Zhao, former CEO of Binance, recently revealed that his dog’s name is Broccoli, sparking a wave of meme coin creations.

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CoinMarketCap Announcements

Bitcoin Retail Outflows Reach $494M, Whale Accumulation Signals Potential Market Bottom
https://coinmarketcap.com/academy/article/bitcoin-retail-outflows-reach-dollar494m-whale-accumulation-signals-potential-market-bottom

MediaBitcoin's retail market is experiencing a downturn, with the number of wallets holding non-zero balances falling to a five-month low of 52.45 million, as reported by Glassnode.

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CoinMarketCap Announcements

Texas Lawmakers Refile Bitcoin Reserve Bill, Expanding To Include Other Cryptocurrencies
https://coinmarketcap.com/academy/article/texas-lawmakers-refile-bitcoin-reserve-bill-expanding-to-include-other-cryptocurrencies

MediaTexas state lawmakers have reintroduced a bill aimed at establishing a Strategic Bitcoin Reserve, now designated as SB 21, which allows for investments in additional crypto.

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CoinMarketCap Announcements

World Liberty Financial Co-Founder’s X Account Hacked, Spreading Fake Meme Coin Linked to Barron Trump
https://coinmarketcap.com/academy/article/world-liberty-financial-co-founders-x-account-hacked-spreading-fake-meme-coin-linked-to-barron-trump

MediaOn Wednesday, the X account of Zach Witkoff, co-founder of World Liberty Financial, was hacked, leading to the promotion of a fraudulent meme coin project associated with Barron Trump.

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CoinMarketCap Announcements

Major 2.0 Gaming Season Set To Launch This February
https://coinmarketcap.com/academy/article/major-20-gaming-season-set-to-launch-this-february

MediaThe Second Gaming Season for Major 2.0 is set to kick off this month, bringing a fresh wave of updates and features aimed at enhancing the gaming experience.

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CoinMarketCap Announcements

Jupiter: Milei-Endorsed Libra Token Was ‘Open Secret’ in Meme Coin Circles Before $100 Million Crash
https://coinmarketcap.com/academy/article/jupiter-milei-endorsed-libra-token-was-open-secret-in-meme-coin-circles-before-dollar100-million-crash

MediaJupiter Exchange, a decentralized exchange, is under scrutiny following the collapse of the LIBRA token, a Solana-based meme coin endorsed by Argentine President Javier Milei.

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CoinMarketCap Announcements

Standard Chartered, Animoca Brands, and HKT Partner To Launch Hong Kong Dollar-Backed Stablecoin as Regulatory Framework Advances
https://coinmarketcap.com/academy/article/standard-chartered-animoca-brands-and-hkt-partner-to-launch-hong-kong-dollar-backed-stablecoin-as-regulatory-framework-advances

MediaStandard Chartered, Animoca Brands, and HKT have partnered to launch a Hong Kong dollar-backed stablecoin.

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CoinMarketCap Announcements

MEMX Files for XRP ETF as SEC Reviews Multiple Crypto Fund Applications
https://coinmarketcap.com/academy/article/memx-files-for-xrp-etf-as-sec-reviews-multiple-crypto-fund-applications

MediaMEMX has filed with the U.S. Securities and Exchange Commission (SEC) to list an XRP exchange-traded fund (ETF), classifying it as a commodity-based trust.

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CoinMarketCap Announcements

#CMCLive: Weekly Crypto Forecast 🎙️

📍 Set a reminder & tune in at:
https://coinmarketcap.com/community/post/354805302/


This Week's Hot Topics 🔥
🔹 Libra token scandal hits Argentine president.
🔹 FTX to unlock $2.06B worth of SOL in March.
🔹 Crypto ETFs see $415M outflow after 19 weeks.

... and more!

Exclusively on CMC Live 😉

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CoinMarketCap Announcements

Blockchain Analysts Uncover Potential Links Between Libra and Melania Meme Coins
https://coinmarketcap.com/academy/article/blockchain-analysts-uncover-potential-links-between-libra-and-melania-meme-coins

MediaBlockchain analytics firm Bubblemaps has identified on-chain connections between the teams behind the Libra and Melania meme coins.

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CoinMarketCap Announcements

BNB Chain Surpasses Solana and Ethereum in Daily Fees for the First Time Since 2024
https://coinmarketcap.com/academy/article/bnb-chain-surpasses-solana-and-ethereum-in-daily-fees-for-the-first-time-since-2024

MediaBNB Chain surpassed Solana in daily transaction fees on Feb. 13, 2025, with over $5.8 million in fees, outpacing Solana’s $3.3 million.

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CoinMarketCap Announcements

BNB Chain Implements Major Update as Gas Fees Surge 400% Due to Meme Coin Activity
https://coinmarketcap.com/academy/article/bnb-chain-implements-major-update-as-gas-fees-surge-400percent-due-to-meme-coin-activity

MediaBNB Chain has rolled out a significant upgrade to its BNB Smart Chain (BSC) network, responding to the surge in gas fees caused by increased meme coin activity.

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CoinMarketCap Announcements

Ethereum Traders Bet on Price Surge as 70% of Options Are Calls, But $500M Liquidation Risk Looms
https://coinmarketcap.com/academy/article/ethereum-traders-bet-on-price-surge-as-70percent-of-options-are-calls-but-dollar500m-liquidation-risk-looms

MediaEthereum traders are navigating a mixed market as options data shows a strong bullish bias but with notable hedging against potential downside risks.

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CoinMarketCap Announcements

FBI Investigation Leads to Guilty Pleas in HashFlare $577 Million Fraud Case
https://coinmarketcap.com/academy/article/fbi-investigation-leads-to-guilty-pleas-in-hashflare-dollar577-million-fraud-case

MediaTwo Estonian nationals, Sergei Potapenko and Ivan Turõgin, have pleaded guilty to operating a crypto Ponzi scheme through their cloud mining service, HashFlare.

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CoinMarketCap Announcements

U.S. Bitcoin Miners Face Delays and Rising Costs as 2,000 Bitmain Mining Rigs Held Up in Customs
https://coinmarketcap.com/academy/article/us-bitcoin-miners-face-delays-and-rising-costs-as-2000-bitmain-mining-rigs-held-up-in-customs

MediaU.S. mining companies are facing significant delays in receiving Bitcoin mining equipment from Bitmain due to tighter scrutiny from U.S. Customs and Border Protection (CBP).

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CoinMarketCap Announcements

Tether May Be Forced To Sell Bitcoin To Meet Proposed U.S. Stablecoin Rules, Says JPMorgan
https://coinmarketcap.com/academy/article/tether-may-be-forced-to-sell-bitcoin-to-meet-proposed-us-stablecoin-rules-says-jpmorgan

MediaJPMorgan analysts have warned that Tether may need to sell off non-compliant assets, including Bitcoin, precious metals, corporate paper, and secured loans.

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CoinMarketCap Announcements

Opensea Launches OS2 Beta, Teases Sea Token Airdrop as NFT Trading Picks Up
https://coinmarketcap.com/academy/article/opensea-launches-os2-beta-teases-sea-token-airdrop-as-nft-trading-picks-up

MediaOpenSea has launched the beta version of OS2, a completely rebuilt version of its NFT marketplace, and announced plans for the SEA token.

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CoinMarketCap Announcements

Coinbase Engages With India’s FIU for Possible Market Re-Entry
https://coinmarketcap.com/academy/article/coinbase-engages-with-indias-fiu-for-possible-market-re-entry

MediaCoinbase is reportedly in discussions with India's Financial Intelligence Unit (FIU) as it seeks to re-enter the Indian market.

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CoinMarketCap Announcements

📊 CMC Research: January 2025 Monthly Round-Up.

Experience a month of milestones as Bitcoin hits $109K ATH, ETFs attract $8.86B in inflows, and the new U.S. administration charts a crypto-friendly course with groundbreaking policy shifts.

Read our full analysis 👉 https://coinmarketcap.com/academy/article/reflexivity-research-january-2025-in-review

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