Crypto News
Nigeria Sues Crypto Exchange Binance for $81.5 Billion Following Hostage Crisis: Reuters
Nigerian officials are seeking billions of dollars in damages after Binance allegedly hurt their country’s economy and failed to pay its taxes.Source link
Bitcoin Faces $86K Threshold as Demand, Liquidity Woes Persist: Report
Bitcoin’s price risks further decline amid persistently weak demand and liquidity, according to a Cryptoquant report released on Wednesday. Cryptoquant Warns of Bitcoin Downturn Amid Historic Liquidity Slowdown In a Feb. 19, 2025 report, Cryptoquant researchers warned bitcoin (BTC) could drop to $86,000 after hitting a one-month low of $93,000, citing deteriorating demand and liquiditySource link
SEC Reverses Course, Dismisses Its Own Crypto Rulemaking Case Appeal
It's a new era for the SEC under President Trump, as the regulator voluntarily dismissed its appeal Wednesday in a crypto rulemaking case.Source link
Memecoin Craze Is ‘Unquestionably Over’ as Crypto Heads Towards Maturation, Nic Carter Says
The era of memecoins as a supposedly fair trading opportunity is "unquestionably over," according to Nic Carter, a partner at Castle Island Ventures. In a post on X, Carter argued that memecoins—tokens with little to no utility beyond speculative trading—were initially attractive because they appeared to offer an even playing field for retail investors. However, with recent scandals such as LIBRA coin, the market has been overtaken by insiders, prelaunch deals, and bot-driven trading, leaving everyday traders at a disadvantage.“The entire premise of memecoins was that they were ‘fair launch’ opportunities where retail had just as good a shot as funds and VCs,” Carter wrote. “That was exposed as a lie—the casino wasn’t fair.”Carter pointed to the launch of Milei's...
Aptos Price Surges as Traders Fuel ‘Community Takeover’ With Memes
Aptos just got a vibe shift in an unconventional "community takeover" led by a degen trader called BuzzlamicJihad, causing APT to spike.Source link