EUR/USD slumps to near 1.0470 after the release of February’s preliminary PMI data for the Eurozone and its major nations. The Eurozone Composite PMI expanded at a steady pace of 50.2 in February. Investors expect Trump’s tariff agenda won’t hurt much than anticipated earlier. EUR/USD slides to near 1.0470 in Friday’s European session. The major … Read more
Argentine President Javier Milei made headlines by promoting a Solana-based memecoin called LIBRA on his X account. The token’s market cap skyrocketed to over $4 billion within minutes, but then dropped by 99% shortly after. Milei quickly deleted his post, claiming he was misled. Meanwhile, a LIBRA developer who was also behind Melania Trump’s memecoin … Read more
XRP price could rise to $3.20 if the bullish indicators seen on the altcoin’s daily chart are confirmed.
The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region’s outdated energy infrastructure. Ministry of Energy: Russian Bitcoin Mining Ban Already Positive For Siberia While controversial at first, the ban on bitcoin mining that the … Read more
The Ethereum Foundation is taking steps to refine its public engagement strategy as it navigates growing scrutiny over its stance on blockchain applications and the performance of its native token, Ether (ETH). Ethereum co-founder Vitalik Buterin recently voiced concerns over shifting values in the crypto space, particularly regarding criticism of Ethereum’s approach to blockchain gambling. … Read more
VanEck’s analysis suggests that a Strategic Bitcoin Reserve under the BITCOIN Act could help offset $21 trillion of debt by 2049. Senator Lummis’ BITCOIN Act proposes acquiring up to 1 million BTC over five years, storing them for at least 20 years to reduce national debt. VanEck’s tool lets users simulate the effect of a … Read more
Solana’s memecoin launchpad, Pump.fun, is facing a significant downturn, signaling a deceleration in the once booming crypto meme market. Recent data highlights a stark contrast in activity levels, with token launches and revenue experiencing steep declines amid increasing scrutiny of speculative cryptocurrencies. According to a recent report by COINOTAG, “The decline in memecoin launches indicates … Read more
Bitcoin, Ethereum, and even meme coin prices are not moving as rapidly as they were back in December. Bitcoin is clawing back gains, while Ethereum remains below $3,000. Solana is under pressure, trading below a multi-month support level, while meme coins have dropped to around $75 billion in cumulative market cap. – Price Market Cap … Read more
Solana’s top memecoin launchpad, Pump.fun, is experiencing a decline in activity, with daily launches and revenue falling below its usual benchmarks.
A Singapore court has sentenced Ho Kai Xin to nearly 10 years in prison for defrauding cryptocurrency exchange Bybit of $5.7 million through payroll manipulation. The 33-year-old, who pleaded guilty to 44 charges—including cheating and dealing with criminal proceeds—received a nine-year, 11-month sentence, according to The Straits Times on 20 February 2025. Ho’s offenses occurred … Read more