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belcab56

@belcab56

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@belcab56
Hey! Hope you feel better soon and have a relaxing weekend too!
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@belcab56
Pluto’s exit comes after THORChain validator “TCB” said on X that they were one of three validators that voted to stop Ether trading on the protocol to cut off the Lazarus Group.
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The lack of a positive price response suggests Bitcoin may need significantly more momentum to recover, Lee added.
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@belcab56
Solana’s upcoming token unlock may add significant selling pressure for the cryptocurrency.
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Trump signed an executive order to place reciprocal tariffs on the country’s trading partners on Feb. 13, which included provisions for non-monetary policies as meeting the criteria for a reciprocal import tax.
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Last month, the Hong Kong construction firm Ming Shing said its subsidiary Lead Benefit bought 500 BTC at an average price of $94,375 each for a total investment of around $47 million. However, its shares didn’t move on the news and are down nearly 40% so far this year.
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The LIBRA token rallied on Feb. 14 after President Milei posted about the project on X. The post, now deleted, emphasized that the project would go to funding “small Argentine businesses and start-ups” and included the contract address, leading the token to rise to a $4.56 billion market cap before plummeting to $257 million just hours later.
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These latest legal challenges build on earlier criminal charges filed in Argentina, accusing Milei of participating in fraud by endorsing the token.
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The Libertad project’s native Solana token, Libra (LIBRA), rallied to a $4.56 billion market cap on Feb. 14, shortly after Milei posted about the token on X — but then fell 94% after he deleted the post, prompting accusations of a pump-and-dump scheme.
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HK Asia said its board believes that Bitcoin is “a dependable store of value” amid “uncertainty in the global economy.” It added government stimulus packages and money supply increases are placing “depreciation pressure on the value of fiat currencies.”
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Milei initially said he liked the idea of the LIBRA token as a way to promote Argentina’s economy, which lacks a strong capital market due to the state’s “mismanagement” in recent decades.
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The launch was widely known among memecoin insiders as much as two weeks before its sharp rise and fall, according to Jupiter Exchange, which says it has found no evidence any of its team members engaged in insider trading.
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While Milei claims he has “nothing to hide” and acted in “good faith,” he acknowledged that he has “something to learn” from the ordeal, including the need to “start setting filters” on what conduct is appropriate and what isn’t.
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It added its one BTC purchase “ is symbolic in scale, and marks a significant step toward aligning with the evolving global financial landscape.”
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“Of course, I concede that the effects of tariffs could be larger than I anticipate, depending on how large they are and how they are implemented,” he said.
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Milei said he wasn’t aware of the exact details of the Solana project when he posted about it and that he had “no connection” to the firm that launched the token.
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Shares in the Hong Kong-based investment firm HK Asia Holdings Limited nearly doubled in value during trading on Feb. 17 after the firm disclosed it had purchased one Bitcoin.
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Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.
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The Coinbase official said Congress must “create SEC rules for capital raising,” which would provide developers with “clear pathways to raise capital for blockchain projects without every token being treated as a security.”
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Handing over regulatory oversight to the CFTC is generally supported by the crypto industry and several Republican lawmakers. For example, in 2022, Representatives Glen Thompson and Tom Emmer reintroduced the Digital Commodity Exchange Act, which would have authorized the CFTC to register and regulate the digital asset sector.
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