Over 13,000 investors in the LIBRA memecoin endorsed by Argentine president Javier Milei lost a combined $251 million, according to blockchain research firm Nansen.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Historical data supports an explosive ETH price rally in 2025, but the first step in this journey could be swift return to cycle lows.
US President Donald Trump has hit the ground running with a number of pro-crypto appointments and policies.
The launch of the LIBRA token has sparked controversy in the Solana ecosystem, seeing Meteora co-founder Ben Chow resign and Jupiter launch an investigation.
A Chainalysis report has revealed that US-sanctioned jurisdictions, including Iran and Russia, moved $15.8 billion in crypto in 2024, with mixing services aiding evasion.
Some in the crypto community are outraged about the lack of legal clarity around memecoins like Libra, which collapsed soon after endorsement by Argentine President Javier Milei.
Authorities in Norway allege that the creators of a crypto scheme laundered $62 million through the accounts of a local law firm.