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Meteora co-founder Ben Chow has stepped down from his leadership position at the Solana DeFi platform.Chow said in a previous statement that Meteora and he had never participated in insider trading related to memecoin launches.
Argentina President Javier Milei said he didn’t intend to persuade people to buy the LIBRA memecoin, and he only meant to “spread the word.”Milei also said during a television interview that few Argentines lost money and most investors were “Chinese and American.”Milei faces fraud charges over his involvement in the Solana-based memecoin, which collapsed 95% from its peak.
We asked China's DeepSeek what the best-positioned cryptos are this year.
Bitcoin and Ethereum ETFs faced heavy outflows—$586M and $26M, respectively—as Grayscale’s GBTC bled $282M, while BlackRock’s IBIT defied the trend with $106M in inflows. As Bitcoin hoverednear $95K under Fed rate fears and bearish technical signals, the market remained torn between short-term panic and long-term conviction.
- 13:40JPMorgan Chase: In February, the global hash rate share of Bitcoin mining companies listed in the United States reached 29%ChainCatcher reports, according to CoinDesk, data tracked by JPMorgan shows that in February, the global hash rate share of Bitcoin mining companies listed in the United States reached 29%, almost double that of a year ago. The report points out that the Bitcoin network's hash rate has increased by 6% this month. However, JPMorgan stated that the daily profitability of crypto mining has decreased by 13% since the end of January.
- 13:37Overview of Important Developments on the Evening of February 1812:00-21:00 Keywords: Pectra Upgrade, Tether, Grok 3 1. Market News: The United States and Russia agree to appoint a working team to end the Ukraine conflict; 2. QCP Capital: The options market is positioning for the Ethereum Pectra upgrade, with factors like altcoin weakness potentially suppressing upward momentum; 3. Musk responds to whether Grok 3 will be open source: The previous generation will be open-sourced when the next version is released; 4. "Black miners" have caused Russian power company "Rosseti" to lose over 1.3 billion rubles; 5. Market News: Tether plans to acquire a 51% stake in South American energy company Adecoagro; 6. Bank of America survey: Nearly 90% of investors believe U.S. stock valuations are too high.
- 13:36IntoTheBlock: The total market value of Meme coins has fallen to the level of November 2024Odaily Planet Daily reports that IntoTheBlock posted on platform X, stating, "After several consecutive months of decline, the market value of Meme coin is close to the level of November 2024. In fact, all the gains brought by the winter memecoin craze have been wiped out."