gillian9dy

@gillian9dy

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So delicious, salad lettuce is amazing!

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Following the decline, social media speculation arose that some of the largest crypto firms, including Binance, had caused the market crash by selling their token holdings in over-the-counter (OTC) trades.

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Cryptocurrencies with potential exchange-traded fund (ETF) approvals, robust revenue-generating models and sustained investor attention may outperform the rest of the market, Ju said. Still, “The era of everything pumping is over,” he added.

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“Most altcoins won’t make it” during the 2025 market cycle, Ju wrote in a Feb. 25 X post.

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Pig butchering is a type of phishing scheme that involves prolonged and complex manipulation tactics to trick investors into willingly sending their assets to fraudulent crypto addresses.

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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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“Most transactions in the Argentine market are carried out with dollarized digital currencies,” Juppet said in a note shared with Cointelegraph.

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María Fernanda Juppet, CEO of Argentine crypto exchange CryptoMKT, believes the Milei scandal won’t change the way Argentines use cryptocurrencies:

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When asked about the 44,000 investors that may have been impacted, Milei said that most of them were bots.

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The libertarian economist said that problems flowing from the token launch should only include the parties involved. “The state plays no role here,” Milei said.

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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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Bitcoin also appeared to react positively to commentary from Bank of America CEO Brian Moynihan who said the banks across the world would happily make crypto payments “a real thing” if regulations provided sufficient clarity to do so.

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Even though Trump may have backtracked on his day 1 promises to the crypto community, many of whom donated millions of dollars to his campaign through lobbies and personal contributions, there was positive news that emerged from the White House on Jan. 21.

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In the US, stock markets were closed on Jan. 20 in observation of Martin Luther King Jr. day, but traders’ optimism over what is believed to be a market and business-climate-friendly Trump presidency was reflected right at the opening bell.

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Crypto and equities markets roared toward new highs on Jan. 21, with Bitcoin making up the bulk of the ground lost during its pullback the day before.

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During his time in prison, Ulbricht has regularly posted about Bitcoin and crypto on X. On Jan. 19, Ulbricht took to X to warn the community against a fake memecoin bearing his name.

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Ulbricht’s views on freedom resonated with Bitcoin’s principles, further cementing his place as a polarizing figure in the crypto community.

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Bitcoin-friendly billionaire investor Tim Draper supported Ulbricht’s release in 2019, arguing that the US needs entrepreneurs like him.

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“I owe everything to Ross Ulbricht. Crypto changed my life. Crypto became big because of him. He made the ultimate sacrifice. We all benefitted from his work,” the Bitcoin project programmer Amir Taaki said on X.

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Some Bitcoiners supported Ulbricht’s release for his role in the adoption of Bitcoin. Silk Road was one of the first peer-to-peer exchanges accepting BTC, though for illicit purposes.

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