LIBRA launched on February 14, 2025, after Argentina’s President Javier Milei endorsed it on X. The token was framed as an instrument for economic support in Argentina. Thousands of traders immediately responded to LIBRA’s launch by participating when it reached a $4.5 billion market cap. The rapid sell-off activity from
Memecoins emerged to be a separate class of their own in the past few years. The incredible price surges in short spans combined with the popularity over the internet, they create buzz in the crypto market. However, most of them are short lived with no real-time use case or string
No matter the market condition, Bitcoin has reached a stage where global organizations and investors perceive it as a store of value. Investors who believe in its fundamentals are no more concerned with its market price movements. In fact, they would like the BTC price to be in low ranges
As the second day of ConsenSys ensues in Hong Kong, the overall crypto market has shown mild signs of revival. Bitcoin has climbed to the $97K level, after combating its $96,000 resistance this week. Meanwhile, the past 24 hours have kept investors in anticipation as today marks the launch of
Crypto regulation has always been one of the essential but hard to implement things in the crypto space. While some countries didn’t place clear regulations to follow, others maintained stringent regulatory policies when it comes to digital currencies. However, crypto regulation took front seat across the globe following Trump’s presidency
Wintermute, a leading algorithmic trading firm, is expanding its operations into the United States. The company plans to open a New York office and offer over-the-counter (OTC) products to U.S. clients and plans to hire an additional 5 to 10 employees for this expansion. This strategic move is inspired by
Dave Portnoy, the founder of Barstool Sports, is facing backlash after his involvement with the memecoin $GREED. Just hours after launching the token, he sold his entire stake, causing a 99% crash in its value. He then introduced a new token, $GREED2. Portnoy launched $GREED on Tuesday, calling it a
Binance founder Changpeng “CZ” Zhao has pledged to donate additional funds to victims of the TST and BROCCOLI meme coins. This follows his initial contribution to LIBRA scam victims, where he unexpectedly received more BNB than he initially donated. On February 19, CZ disclosed that his donation address had received
The Libra token controversy took a new turn when Argentine media revealed a shocking fact about this case. According to the report, Libra co-creator Hayden Davis boasted about being able to pay Argentine President Javier Milei’s sister for promoting a $LIBRA meme coin on their X account. In the text
Strategy, formerly MicroStrategy, has announced a $2 billion convertible senior notes offering. The company aims to use the proceeds to acquire more BTC and support corporate operations. The notes, due in 2030, will be available to qualified institutional buyers under Rule 144A of the Securities Act. The offering includes an
