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Nigeria is revising regulations to tax cryptocurrency and digital transactions, aiming to boost fiscal revenue and include compliant exchange transactions in the formal tax system.
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SOL Falls Below $165, 24-hour Drop Exceeds 10%
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DeFiTuna Exposes LIBRA Issuance Advisor for Allegedly Rug Pulling MELANIA and Other Projects, Raising Over $200M⚠️‼️
➡️ Read Here
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Ethereum Drops Below $2700🔽
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🗞 February 17, 2025 cryptocurrency news highlights
【Cryptocurrency】
XRP’s trading volume has dropped significantly as the price nears a critical danger zone. Technical indicators suggest that if the downtrend persists, the $2.40 level could serve as a new support floor, highlighting the potential for further declines in the near term. 🕯
【Economy】
Elon Musk revealed that the U.S. Social Security database indicates over 5 million people aged 140 or older are still listed as receiving Social Security benefits. It even has two individuals reported to be over 240 years old.
【Indicators】
🟠 Metaplanet has acquired 269.43 $ BTC for ~$ 26.3 million, achieving BTC Yield of 15.3% so far in Q1 2025 🙌
【More】
CZ announced that he will donate 150 BNB (~$100,000) to help victims of the LIBRA token scam.
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CZ announced that he will donate 150 BNB (~$100,000) to help victims of the LIBRA token scam.
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CZ: Sponsored 150 BNB for the Coin Rug Charity Dinner Event featuring the President of Argentina
February 17th, Cryptocurrency KOL EnHeng Hmm expressed, "The Argentine President's CBDC Rug Incident has hurt many people. As a college student, I deeply understand the impact of such a blow. To help affected friends, Hmm has decided to donate $50,000 and will accept donations through a BSC address to fund the EnHeng Charity Dinner sponsorship."
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Last weekend, the average transaction cost of Ethereum and Solana reached their closest level in history🪙🔷
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Cantor Fitzgerald bought over $1B in $ MSTR shares in Q4—its largest position.🔥
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🗞 February 16, 2025 cryptocurrency news highlights
【Cryptocurrency】
The number of American Bitcoin holders (~50m) has surpassed the number of Americans with student loans (~43m).
【Economy】
Argentine Official Statement: President Milei has requested the Anti-Corruption Office to intervene in the LIBRA issuance event📣
【Indicators】
AI concept coins on BNB Chain generally rose, SHELL rose by more than 35% in 24 hours
【More】
Strategy Poised to Join S&P 500 in June, Propelling Many Index Funds to Indirectly Invest in Bitcoin
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AI concept coins on BNB Chain generally rose, SHELL rose by more than 35% in 24 hours
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Strategy Poised to Join S&P 500 in June, Propelling Many Index Funds to Indirectly Invest in Bitcoin
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Argentinian Opposition Plans to Impeach President Mile, Accusing Him of Promoting Cryptocurrency Scam‼️
Argentine opposition party has threatened to impeach President Milei, accusing him of promoting a cryptocurrency rug pull that caused the token's market capitalization to plummet from $4 billion to $418 million in a few hours.
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🚨 🇦🇷 Argentina's President Caught in Crypto Controversy! $ LIBRA Crashes $4.4B in Just 5 Hours 💥
📌 February 15, 2025 – Argentine President Javier Milei unexpectedly promoted a new digital currency called $ LIBRA, claiming it would boost the country’s economy. However, within just 5 hours of its launch, the token’s market value plummeted by $4.4 billion! 📉🔥
❌ Milei Deletes Tweet, Denies Involvement!
Amid growing skepticism, Milei quickly deleted his post, stating that he had no knowledge of the project and would no longer support it.
💰 Shocking Revelation!
Investigations later revealed that KIP Protocol, the team behind $ LIBRA, allegedly withdrew $87 million from the liquidity pool before distancing themselves from the scandal. To make matters worse, the team publicly celebrated their "success", sparking outrage in the media! 🧐📰
🚨 Social Media Exposes Key Figures!
As investors suffered huge losses, online user @ shoucccc leaked personal information of individuals allegedly linked to the scandal, further fueling the controversy!
⚠️ A Blow to Market Trust!
The $ LIBRA debacle has not only shaken investor confidence but could also have long-term repercussions on Argentina’s crypto policies. The lack of transparency between the government and financial markets is now under global scrutiny! 🌍💭
⚠️ Please be aware that this is not a Financial Advice
🔎 Info above are collected from online sources
🔈 What’s your take on this controversy? Drop your thoughts in the comments! 👇🗣
CryptoQuant analyst Maartunn stated that the Bitcoin Inter-Exchange Flow Pulse (IFP) indicator has turned bearish
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Robinhood plans to launch cryptocurrency services in Singapore in 2025, using Bitstamp's entities to conduct business activities.
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Santiment: ETH Exits Exchanges at Alarming Rate, Showing Mild Rebound Signs
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Barstool Sports Founder Accidentally Buys $170,000 Worth of LIBRA Meme Coin, Leading to 3000% Price Surge😲
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Bitcoin dropped 1.57% to $95,422, struggling to gain momentum despite rising market activity. Concerns over U.S. government Bitcoin sales, economic uncertainty, and geopolitical tensions contribute to its stagnation.
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🟠 Metaplanet has acquired 269.43 $ BTC for ~$ 26.3 million, achieving BTC Yield of 15.3% so far in Q1 2025 🙌
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Elon Musk revealed that the U.S. Social Security database indicates over 5 million people aged 140 or older are still listed as receiving Social Security benefits. It even has two individuals reported to be over 240 years old.
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Bitcoin falls below $96,000
On February 17, according to HTX market data, Bitcoin fell below $96,000, a 24-hour drop of 1.58%.
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Bubblemaps: Strongly Convinced that LIBRA is Controlled by the same team as MELANIA‼️
➡️ Read Here
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XRP’s trading volume has dropped significantly as the price nears a critical danger zone. Technical indicators suggest that if the downtrend persists, the $2.40 level could serve as a new support floor, highlighting the potential for further declines in the near term. 🕯
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The number of American Bitcoin holders (~50m) has surpassed the number of Americans with student loans (~43m).
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LIBRA Ecosystem Map: Issuer Involved in Various Meme Token Insider Trading
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Bitcoin Experiences Fifth Consecutive Weekend Price Drop, Standard Chartered Analyst Predicts Reversal This Week📉💰
➡️ Read Here
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Argentine Official Statement: President Milei has requested the Anti-Corruption Office to intervene in the LIBRA issuance event📣
➡️ Read Here
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🗞 February 15, 2025 cryptocurrency news highlights
【Cryptocurrency】
The 7-day moving average of Bitcoin network transaction volume has dropped to 330,000 transactions, hovering near a 12-month low, a significant 55% decrease from the peak of 730,000 transactions in the network's history.🤔
【Economy】
Abu Dhabi Sovereign Wealth Fund have bought $436 Million worth of Bitcoin 💰
【Indicators】
Cathie Wood still predicts Bitcoin could hit $1.5M by 2030 despite recent ETF outflows. She cites institutional adoption and Bitcoin’s role as a hedge against currency devaluation 🪙
【More】
Solayer Founder: Will not Sit Idly By After Losing Over $2 Million Due to LIBRA
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KIP Protocol co-founder Julian stated on social media that he also serves as the CEO of KIP Protocol, and his team did not profit from LIBRA
He acknowledged that the wording of the previous announcement was indeed inappropriate, but in the interest of maintaining transparency, it will not be deleted. He emphasized that he has not gone into hiding and has no need to evade tracking.
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