Month: February 2025

Javier Milei Backtracks on $4.4B Memecoin After ‘Insiders’ Pocket $87M

Argentina’s president Javier Milei has backtracked on a tweet promoting a memecoin called Libra, which rose to a $4.4 billion market cap before plunging by more than 95%. In a now-deleted tweet, Milei initially wrote: “This is a private project dedicated to encouraging the growth of the Argentine economy,” along with a Solana contract address linked to the Libra token. Libra rose by more than 2,000% in a 40-minute span following the tweet, only to tumble rapidly as a group of early holders began to cash out. X account KobeissiLetter…

XRP To 3 Digits? The ‘Signs’ That Could Confirm It, Basketball Analyst Says

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Este artículo también está disponible en español. A lighthearted tweet about Kansas State University’s financial situation has spurred new conversations on XRP’s aspirational pricing goals. Known in sporting circles as “Kelly in Vegas,” Kelly Stewart added comedy into the continuous discussion among the crypto community about XRP surpassing $100. Related Reading The analyst wrote on X, “If XRP hits $100, there will be signs.” This was a play on a well-known trend in the crypto world, where investors joke about the expensive purchases they would make if their holdings reached…

Tether buys minority stake in Italian giant Juventus FC

Stablecoin issuer Tether has invested in Juventus Football Club as the firm expands beyond digital payments, Bitcoin, and AI. Tether, the company behind the $140 billion stablecoin (USDT), announced that it has acquired a minority stake in Italian football giant Juventus FC. The investment aims to diversify the crypto titan’s portfolio in 2025 and integrate digital assets into everyday life through sports, according to a press statement. Aligned with our strategic investment in Juve, Tether will be a pioneer in merging new technologies, such as digital assets, AI, and biotech,…

Barclays Purchases $131M of Blackrock’s Bitcoin ETF

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London UK-based Barclays Bank, one of the world’s largest financial institutions with more than $1.5 trillion in assets, purchased $131 million worth of Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF) in 2024. The details were revealed in a routine regulatory filing submitted on Thursday to the SEC. The move marks a sharp shift in the […] Original

Is BTC Heading For $150K Rally?

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Este artículo también está disponible en español. A week after its last attempt to reclaim the $100,000 barrier, Bitcoin (BTC) continues moving within its local range. Following its recent performance, some analysts consider that BTC could be near a breakout and a massive rally toward a new high. Related Reading Bitcoin Ready For A Breakout Or a Breakdown? Amid the market volatility, Bitcoin has found price stability, staying within the mid-zone of its post-election breakout level. During the recent 12% correction, BTC saw its price retest the range lows as…

Citi, State Street to enter digital asset custody space

Citi and State Street, two of the largest U.S. banks, plan to launch custodial services for cryptocurrencies and digital assets. The U.S. institutional crypto wave has gained momentum following President Donald Trump’s return to Washington as the first pro-crypto American president. His administration’s push for clearer regulations has fueled bullish sentiment on Wall Street. Citibank and State Street have separately announced plans to enter the cryptocurrency custody space as more financial firms outline digital asset strategies. Citi unveiled its CIDAP digital asset platform, which offers crypto-safeguarding technology for clients. The…

Bitcoin’s Late Longs Liquidated: Is a Breakout Finally on the Horizon?

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After dropping below $100,000 earlier this month, Bitcoin has faced sluggish price movement with little upward momentum. Over the past week, the asset has just ranged below this six-digit mark with its price now hovering above $96,000 as of today. This sideways movement reflects a lack of significant momentum and has left many traders questioning what might spark the next major move. Late Longs Liquidated: The Impact Despite the lack of a breakthrough, Bitcoin’s price behavior continues to attract the attention of market analysts. One such expert is Amr Taha,…

Whales dump coins causing TON to drop as RBLK gains the edge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Toncoin’s price drops 30% amid CEO’s arrest, and its new Layer-2 system may be too late as investors turn to Rollblock. The Toncoin price has come in for a lot of flak since Telegram’s CEO Pavel Durov was arrested last year in Paris. But Toncoin has not been passive. They are now introducing a Layer-2 payment system to scale the Toncoin network to work better with Bitcoin and other…

Toncoin (TON) Investors Sitting On 54% Profit Despite Price Plunge

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On-chain data shows the Toncoin investors are holding a significant amount of unrealized profit even after the recent bearish action in the asset’s price. Toncoin Is Still Trading A Notable Distance Above Its Realized Price In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in a few indicators related to Toncoin. The first metric of relevance is the “Realized Price,” which tells us, in short, the cost basis of the average investor on the TON network. When the spot price of the…

DOGE’s volatility from BTC halving could set the stage for this altcoin to soar

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s halving looms, Dogecoin’s volatile price sparks concern while RCO Finance gains investor interest. The crypto market has long been defined by its volatility, and as the king of meme coins, Dogecoin (DOGE) epitomizes this characteristic. Dogecoin price movements are driven by speculative hype and are not immune to broader market trends, specifically, the ripple effects of Bitcoin’s halving events.  Standing on the precipice of another Bitcoin halving…