LIBRA Apparent Rug Pull Is Latest ‘Sordid Episode’ Emerging From Solana’s Memecoin Complex: Galaxy
The apparent LIBRA token rug pull is the the latest incident to negatively affect the Solana memecoin ecosystem, Galaxy Research said in a report on Monday. The narrative had already began to sour following the TRUMP token’s introduction in January and the ensuing “liquidity suck” that it caused. LIBRA...
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Ethereum Exchange Reserve Continues To Be At 2016 Lows: Bullish Sign?
On-chain data shows the Ethereum Exchange Reserve has remained at low levels recently. Here’s what it could mean for the ETH price. Ethereum Exchange Reserve Has Been Moving Flat Recently As explained by an analyst in a CryptoQuant Quicktake post, the Ethereum Exchange Reserve has recently been at its...
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OKX expands services across 28 EEA nations with MiCA license
OKX has officially entered the European markets by expanding its services to include 28 EEA regions after becoming the first exchanges to secure a MiCA license. The crypto exchange informed users that it has expanded its trading services across 28…...
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Here’s why XRP price turns bullish and set for ‘potential rally’
After a prolonged consolidation, XRP’s price action appears to be turning bullish, with technical patterns pointing to more upside. A report from Singapore-based blockchain firm Matrixport shows that the Relative Strength Index is hovering near 40%, leaving room for a…...
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Ethereum still leads in gas fees despite 4-year low in transaction costs
Ethereum continues to lead in all-time gas fees, particularly in DeFi, despite a decline in on-chain activity and the lowest transaction costs in over four years. According to data analytics platform Growthepie, Ethereum’s Layer 1 blockchain still dominates in all-time…...
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Pump.fun Co-Founder Criticizes LIBRA Mishandling, Demands Accountability in Meme Coins
Alon Cohen, co-founder of popular meme coin creation platform Pump.fun, has condemned the controversy surrounding the Javier Milei-endorsed LIBRA token and called for reforms. The situation escalated as the Argentine President denied promoting the meme coin, despite his now-deleted post triggering its meteoric rise, while trader Hayden Davis admitted...
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Pump.fun creator calls for safer launchpad practices after LIBRA debacle
Amid the fallout from the LIBRA memecoin crash, Pump.fun’s founder has called for stricter guardrails on token launchpads to protect users from insider scams and manipulative token launches. According to a Feb. 18 X post, the pseudonymous founder of the…...
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These Altcoins Extend Steep Corrections as Bitcoin Slips Toward $95K (Market Watch)
Bitcoin’s underwhelming price performance continues as the asset dropped to a 6-day low of just over $95,000 earlier today. At the same time, many altcoins have continued to chart substantial losses, led by Solana, Chainlink, Avalanche, HBAR, and SUI. BTC’s Losses The primary cryptocurrency slumped hard last Wednesday after...
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Meme Coins That May 10x as Waller Hints at Another Fed Rate Cut
We may see another interest rate cut this year, says Fed Governor Christopher Waller. The Fed made three rate cuts in 2024, the first being an aggressive 50 bp (basis point) cut in September, a 25 bp cut in November, and another 25 bp cut in December. However, Waller...
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Elon Musk’s DOGE Targets SEC As It Expands Cash-Cutting Campaign Across Federal Agencies
Elon Musk’s Department of Government Efficiency (DOGE) has reportedly turned its attention to the U.S. Securities and Exchange Commission (SEC) as part of its broader effort to curb government spending. According to a 17 February 2025 Politico report, sources familiar with the matter say that DOGE’s presence at the SEC...
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