US Could Sell Its Gold To Set Up Potential Bitcoin Reserve, Says Bernstein: Will It Ignite A ‘Global Race’ To Buy BTC?
The cryptocurrency task force constituted under President Donald Trump is setting its sights on creating a national Bitcoin (CRYPTO: BTC) reserve, according to a Monday research report by brokerage firm Bernstein. What Happened: The establishment of such a stockpile could ignite a “global race” among nations to acquire Bitcoin as a reserve asset, CoinDesk reported,...
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Investors Pull $415M from Crypto Funds: A Turning Point or Further Dip?
Latest CoinShares weekly report has revealed a notable shift in last week’s crypto asset investment products, with the first major outflows reported after a prolonged 19-week streak of inflows. CoinShares particularly detailed $415 million in outflows, marking a sharp reversal from the previous weeks’ steady gains. According to James...
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Bitcoin Is Coiled Like a Spring, A Breakout of This Range is Coming: Van Straten
Bitcoin (BTC) is known to be a volatile asset, but as of late, this is not the case; bitcoin has been trading in a very tight range since the end of November, between $91,000 and $109,000. In other words, bitcoin’s volatility has compressed enormously. According to Glassnode data, the...
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Meteora co-founder Ben Chow resigns amid LIBRA memecoin scandal
Ben Chow, co-founder of Solana-based decentralized exchange Meteora, has stepped down following allegations that he privately received or managed LIBRA tokens. Chow’s resignation was announced on X by Meow, pseudonymous co-founder of both Meteora and Jupiter. Meow stressed their dedication…...
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Donald Trump’s Official Memecoin Rewards TRUMP Faithfuls With $50 Airdrop
Donald Trump supporters are getting rewarded with a few dollars worth of his official TRUMP token if they had purchased any of the merchandise from websites associated with the U.S. president. Three TRUMP tokens, worth just over $50 at writing time, will be given to past buyers of Trump’s...
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PEPE Shrugs Off Memecoin Declines As Whales Load Up On Coins: Here’s Why This Analyst Thinks The Frog-Themed Crypto Could Rally 30-35%
Frog-themed cryptocurrency Pepe (CRYPTO: PEPE) defied the broader slump in the meme coin market to post gains on Monday. What happened: The Ethereum (CRYPTO: ETH)-based coin was up 1.25% in the last 24 hours, contrasting with the sharp decline in blue-chip meme coins. Indeed, Dogecoin (CRYPTO: DOGE) and Shiba...
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Trump’s World Liberty Financial buys 200M WLFI tokens through new multi-sig wallet
A newly created multi-signature wallet linked to Trump’s World Liberty Financial has purchased 200 million WLFI tokens after withdrawing $10 million USDC from Binance. The transaction which took place on early Feb. 18 was reported by on-chain analytics platform On-Chain…...
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Argentine President Javier Milei denies promoting failed LIBRA memecoin
Argentine President Javier Milei claims he didn’t “promote” the LIBRA token — as fraud lawsuits filed against him have claimed — arguing instead that he merely “spread the word” about it....
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Trump-Branded Product Buyers To Receive Official TRUMP Tokens In Airdrop—Memecoin Falls 8%
Buyers of President Donald Trump-branded merchandise would receive free Official Trump (CRYPTO: TRUMP) tokens as a reward. What Happened: Individuals who have purchased Trump-branded items such as watches, fragrances, sneakers, or non-fungible tokens will be awarded three TRUMP tokens, according to the coin’s official website. The number of tokens to be received...
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LIBRA Memecoin Shoots Up 18% After Argentine President Javier Milei Reposts Message On ‘How To Buy’ The Token
LIBRA, the controversial meme coin initially promoted by Argentina President Javier Milei, dramatically surged Monday in response to the leader reposting the token’s purchase tutorial on X. What happened: Milei reposted a message by one of his key economic advisors, Dario Epstein, who attempted to explain the complexities of...
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