phiairm

@phiairm

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345 Followers

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Those big floppy-eared dogs are the absolute cutest. Just wanna gently pinch those ears.

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Community concerns over the US CBDC “rebrand” to centralized US dollar-pegged stablecoins may align with the new US strategy of boosting the US dollar with the help of stablecoins.

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In financial markets, capitulation refers to investors selling their positions in a panic, leading to a significant price decline and signaling an imminent market bottom before the start of the next uptrend.

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The project’s insiders allegedly siphoned over $107 million worth of liquidity in a rug pull, triggering a 94% price collapse within hours and wiping out $4 billion in investor capital.

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The inference is that most of these companies are likely to sell their allocations, as there is little incentive to hold SOL amid worsening market sentiment exaggerated by the recent Libra (LIBRA) memecoin scandal, a memecoin endorsed by Argentine President Javier Milei.

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“It seems like it’s some sort of price suppression,” said Mow during a panel discussion at Consensus Hong Kong 2025, adding:

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Bitcoin’s range-bound price action may be manufactured based on the trajectory of the past months, according to Samson Mow, CEO of Jan3 and founder of Pixelmatic.

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Bitcoin managed to briefly escape this range after US President Donald Trump’s inauguration on Jan. 20, when it briefly rose to the $109,000 all-time high before dropping back into its previous range.

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Bitcoin’s price action is raising concerns of possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows.

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Today in crypto, Bitcoin’s price action is raising concerns of possible market manipulation, according to Samson Mow, the US Senate has confirmed Howard Lutnick as commerce secretary, and FTX initiated its first round of creditor repayments and set May 30 as the next payment date, with an April 11 deadline for claim verification.

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DexScreener data shows 790,000 crypto wallets hold the TRUMP coin, while 343,000 own MELANIA.

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Chainalysis said around 2.2% of the TRUMP and MELANIA owners hold less than $100,000 worth.

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Those holding $1 million to $10 million worth of either token only make up 2.1% of total holders, while wallets holding between $100,000 to $1 million made up 1.7%, it added.

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The crypto whales “dominate” token holdings for Donald Trump’s Official Trump (TRUMP) token or wife Melania’s Melania Meme (MELANIA) token, making up for 94% of the combined token share, Chainalysis said in a Jan. 22 X post.

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The US president and first lady’s recently launched memecoins are mostly held by just 40 crypto whales who have $10 million or more in either of the tokens, according to a blockchain analytics firm.

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The exchange argues this appeal “presents the single best opportunity to decide the fundamental legal question of how to treat the secondary trading of digital assets.”

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Coinbase asked the Second Circuit to accept the review of this case because “the question has divided several district courts,” and the question of whether digital asset transactions in the secondary market count as investment contracts have grounds for “difference of opinion.”

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Judge Failla said that “conflicting conclusions” from judges overseeing the SEC’s cases against Ripple Labs and Terraform Labs saw varying interpretations of what constituted a security.

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The latest petition comes after New York federal judge Katherine Failla granted an order for an interlocutory appeal on Jan. 7, allowing Coinbase’s appeal.

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“Buyers also do not obtain any rights as against the asset’s issuer, as they do with securities like stocks or bonds,” they added.

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