Month: February 2025

Milei Cryptocurrency Scandal Sparks Fraud Allegations

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Argentina’s President Javier Milei has denied any wrongdoing in what is now being called the Milei cryptocurrency scandal. The controversy erupted after Milei mentioned a newly launched cryptocurrency, $Libra, in a social media post. The digital asset saw a brief surge before plummeting, leaving many investors with heavy losses. Now, legal authorities are assessing whether the president could face fraud charges. Despite the backlash, Milei remains defiant, comparing investors’ losses to gambling risks. “If you go to a casino and lose money, what’s there to complain about?” he remarked in…

Why Litecoin Won’t Break Out—Analytics Firm Reveals the Cause

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The market intelligence platform IntoTheBlock has explained the reason why Litecoin has been stuck inside the $90 to $130 range recently. Litecoin Exchange Netflow Has Followed An Interesting Pattern Recently In a new post on X, the analytics firm IntoTheBlock has discussed about a pattern that the Litecoin Exchange Netflow has shown during the recent phase of consolidation in the asset’s price. The “Exchange Netflow” here refers to an on-chain indicator that keeps track of the net amount of the cryptocurrency that’s entering into or exiting the wallets associated with…

Dogecoin price’s next halving crash makes this altcoin a top contender for gains

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin faces potential losses from the next Bitcoin halving, RCO Finance emerges as a top contender for gains. The crypto market has long been defined by its volatility, and as the king of memecoins, Dogecoin (DOGE) epitomizes this characteristic. Dogecoin price movements are mainly driven by hype and are not immune to broader market trends, specifically, the ripple effects of Bitcoin’s halving events.  Many are worried about how…

Bitcoin Price Plummets Below $94,000 Amid Crypto Mayhem and Global Jitters

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On Tuesday, bitcoin confronts increasing pressure this week, having fallen below $94,000 on Feb. 18, 2025, as macroeconomic concerns, technical glitches, and mixed market sentiment challenge vital support levels. Global Market Fears Drive Bitcoin Prices to Lower Levels Bitcoin’s 1.8% decline this week mirrors wider crypto unease, with the global market cap dipping 2.3% to […] Original

Why A Litecoin ETF Could Drive Price To $800

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Este artículo también está disponible en español. Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs.  How The Litecoin ETFs Could Drive LTC’s Price To $800 In a TradingView post, EXCAVO highlighted the Litecoin ETFs as one of the factors that could drive LTC’s price to $800 at the end of the cycle. He noted that Litecoin is…

Bitcoin dips below $95k as odds of U.S. strategic reserve drop

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Bitcoin price retreated below $95,000 on Tuesday, continuing a downtrend that began four weeks ago when it peaked at a record high of $109,200. Bitcoin (BTC) dropped as the odds of a Strategic Bitcoin Reserve, or SBR, in the United States declined on Polymarket. A Polymarket poll with over $6.9 million in assets placed the odds that Donald Trump will create an SBR in the first 100 days at 12%. The odds have been in a strong downward trend since peaking at 40% in January.  Another poll showed that the…

MARA finishes acquisition of Texas wind farm for Bitcoin mining

MARA Holdings, Inc. has completed its acquisition of a wind farm in Hansford County, Texas.  The wind farm has 240 megawatts of interconnection capacity and 114 MW of wind power. The newly acquired site will use repurposed ASIC mining hardware that would have otherwise been retired or sold.  By powering the machines with 100% renewable energy, MARA aims to reduce operational costs while preventing excess energy from being curtailed. The facility’s wind power comes with zero marginal cost, helping the company improve Bitcoin (BTC) production efficiency. “With this added renewable…

Bank of New York Mellon Holds $13,280,431 Worth of Bitcoin (BTC) Exchange-Traded Funds: SEC Filing

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The Bank of New York Mellon (BK) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of New York Mellon currently holds $13,280,431 worth of shares in Bitcoin ETFs. The bank’s holdings include 115,108 shares of WisdomTree Bitcoin Fund (BTCW) worth about $11.87 million and 25,309 shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth about $1.4 million. Other US banks are also holding BTC ETF shares. Banking giant JPMorgan Chase…

From Deepseek to Chatgpt: 15 AI Chatbots Forecast Bitcoin’s 2025 Closing Price

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While Bitcoin.com News has already disseminated numerous accounts on the predictions of generative artificial intelligence (AI) by roughly six to nine chatbots depending on the test, in this audacious experiment, we’ve escalated the number to an unprecedented extent, magnifying the breadth of our predictive inquiry to 15 bots. Unpacking 15 AI Predictions for Bitcoin’s 2025 […] Original