From social experiment to retail ‘value extraction’ tools

Memecoins, once seen as community-driven digital assets, are increasingly being used to exploit retail investors, with a growing number of scams and failed celebrity-backed tokens raising regulatory concerns. The $4 billion collapse of the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei, is the latest blow to the sector after eight insider…

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Why is XRP price up today?

XRP (XRP) pared some losses following this week’s market crash, with 8% daily gains over the last 24 hours to trade at $2.17. The top-ten altcoin trades 12% above the 24-hour low of $1.94 as the crypto market sentiment shows signs of recovery. XRP/USD four-hour chart. Source: Cointelegraph/TradingView Let’s examine the key drivers behind XRP’s…

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FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse

A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement,…

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FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse

A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement,…

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States likely to adopt Bitcoin reserves first: Report

States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York.  “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report. …

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