Author: Issac Lane
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Why Is Solana (SOL) Price Falling Today?
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SOL Price Declines Amid Growing Concerns Over Network Activity Solana (SOL) is one of the worst-performing cryptocurrencies in the past 24 hours, dropping by 6.80% to $180.80 on 17 February. This decline comes as the broader crypto market experiences losses of 1.72%, with various factors contributing to Solana’s underperformance. Key reasons behind SOL’s price drop…
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Pantera Capital Founder Under Tax Investigation Over $850M Crypto Profits
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Dan Morehead Faces Scrutiny Over Puerto Rico Tax Exemptions Dan Morehead, founder and managing partner of cryptocurrency investment firm Pantera Capital, is reportedly under investigation for potential violations of federal tax laws following his relocation to Puerto Rico, a well-known tax haven. The US Senate Finance Committee (SFC) has requested details on more than $850…
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Crypto Today’s Top News – Token Headline
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Libra Token Crashes After $107M Insider Rug Pull A cryptocurrency linked to Argentine President Javier Milei has collapsed following an alleged insider rug pull, wiping out 94% of its value within hours. Libra (LIBRA) initially surged to a market capitalisation of $4.56 billion on 14 February before plummeting to $257 million just 11 hours later.…
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Ethereum Foundation Deploys $120M to DeFi Platforms, Earning Community Praise
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The Ethereum Foundation has allocated $120 million worth of Ether (ETH) to decentralised finance (DeFi) protocols, marking a significant shift in its financial strategy. The move, which saw 45,000 ETH deployed across Aave, Spark, and Compound, has been widely welcomed by the community, particularly as it reduces the need for the foundation to sell ETH…
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Bitcoin Falls Below $95K as US Inflation Exceeds Expectations
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Bitcoin and the wider cryptocurrency market turned red on 12 February as new US inflation data came in higher than anticipated, raising concerns over macroeconomic pressures on digital assets. Bitcoin Reacts to Inflation Data Bitcoin (BTC) briefly dropped below $95,000 after the release of the US Consumer Price Index (CPI) report, which showed annual inflation…
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XRP Price Rises Amid ETF Speculation and Ripple Partnership
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XRP has surged 3% on 11 February, marking its best intraday performance in over a week. The cryptocurrency’s gains come as speculation grows over the potential approval of an XRP exchange-traded fund (ETF) in the United States, alongside Ripple’s new partnership with Unicâmbio. XRP ETF Approval Odds Increase XRP’s price has been buoyed by increasing…
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USDC Market Cap Surges to $56.3 Billion, Rebounding from Bear Market Losses
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Stablecoin Market Sees Significant Growth Circle’s USD Coin (USDC) has reached a market capitalisation of $56.3 billion, fully recovering from the losses incurred during the recent bear market. According to CoinGecko data, this milestone was achieved on 10 February, marking a substantial increase from its lowest valuation of $24.1 billion in November 2023. USDC’s market…
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Ethereum ETPs Surpass Bitcoin in Crypto Inflows for First Time in 2025
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Ethereum Leads the Way in ETP Inflows Ethereum-based exchange-traded products (ETPs) have outpaced Bitcoin ETPs in inflows for the first time in 2025, according to data from CoinShares. The cryptocurrency market saw its fifth consecutive week of inflows, with a total of $1.3 billion invested in crypto ETPs. Ether (ETH) ETPs saw an impressive $793…
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Bitcoin Hits $100K Despite Federal Reserve Rate Cut Pause
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BTC Surges as US Jobs Data Sparks Market Rally Bitcoin (BTC) surged to $100,000 on 7 February as the latest US employment data provided a much-needed boost to risk assets. Despite concerns over Federal Reserve interest rate policy, the cryptocurrency rallied, defying broader macroeconomic concerns. Bitcoin Defies Mixed Jobs ReportData from Cointelegraph Markets Pro and…
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Crypto Market Declines Amid Investor Caution Over US Jobs Data
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The cryptocurrency market experienced a significant downturn on 7 February, with total market capitalisation dropping by over 2.5% to approximately $3.15 trillion. While market volatility is common in the crypto space, several key factors have contributed to this latest decline, including investor caution ahead of US jobs data, liquidations, and weakening technical indicators. Ethereum Leads…