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Solana Price Alert Triggered by $198M Solana Whale Movement — Sell-Off Coming?

What Happened? A large Solana (SOL) investor, known as a whale, transferred $198 million worth of SOL, roughly 3.96 million tokens at an assumed price of $50 each, on February 26, 2025. This movement was flagged as a price alert, raising concerns about whether the whale is preparing to sell, which could pressure SOL’s price downward. Why It Matters?Whale movements can sway market sentiment, and this one comes amid a shaky crypto market, with recent events like the Bybit hack adding to volatility. If the whale sells, it might trigger a sell-off, but it could also be a routine transfer

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Jupiter’s Meow Locks $204M JUP Tokens Until 2030: A Bold Move for Long-Term Stability

To address this topic, I began by searching for information on Jupiter cryptocurrency and its token JUP, focusing on recent developments. Initial searches revealed Jupiter as a decentralized exchange (DEX) on the Solana blockchain, with JUP serving as its governance token. Prices varied across sources, with CoinGecko indicating a January 2025 price around $0.72 and Forbes Crypto Market Data suggesting $0.79, while Changelly’s February 25, 2025, prediction placed it at $1.23. Given the news date, I assumed an average price of $1 for simplicity, aligning with the $204 million valuation for 280 million tokens. Further searches for “Jupiter Founder locks

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Robinhood CEO Vlad Tenev: Crypto’s Success Highlights the Potential of Tokenizing Private Stocks

In a recent op-ed for the Washington Post, Robinhood CEO and co-founder Vlad Tenev extolled the potential of tokenizing private stocks, inspired by the success of the crypto market. Tenev’s vision is to leverage blockchain technology to make investing in high-growth private companies like SpaceX and OpenAI more accessible to the general public, not just a select group of wealthy investors. Tokenization, the process of converting real-world assets into digital tokens on a blockchain, has gained traction in the crypto space. Tenev argues that applying this technology to tokenizing private stocks can democratize investment opportunities, allowing everyday investors to participate

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Bitcoin ETFs Hit Record $935M Outflow as Risk-Averse Investors Flee

In a stunning turn of events, the Bitcoin Exchange-Traded Fund (ETF) has witnessed a record-breaking $935 million in net outflows, signaling a significant shift in investor sentiment towards risk-aversion. This massive withdrawal, the largest in the fund’s history, comes on the heels of a tumultuous period in the cryptocurrency market, marked by a $1.4 billion hack on the Bybit exchange and a subsequent $325 billion market wipeout since February 21, 2025. The Bitcoin ETF, which provides investors with exposure to Bitcoin without the need to directly hold the cryptocurrency, has been a barometer for institutional and retail investor confidence in

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XRP Ledger Liquidity Soars as Over 13M XRP Locks into AMM Pools

The XRP Ledger is hitting new heights as its decentralized finance (DeFi) ecosystem explodes with over 13 million XRP locked into Automated Market Maker (AMM) pools by February 25, 2025. This milestone, spotlighted by The Crypto Basic, equates to a jaw-dropping $30 million at current prices, cementing XRP Ledger liquidity as a force to be reckoned with. The surge reflects skyrocketing interest in AMM pools, turbocharging the network’s ability to swap assets seamlessly and drawing in liquidity providers like moths to a flame. The standout star? The RLUSD/XRP pool, which has rocketed to the fourth-largest liquidity hub on the ledger,

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Crypto Market Plunges $325 Billion in Liquidity Crisis Triggered by Bybit Hack

The cryptocurrency market is reeling from a devastating liquidity crisis that erased $325 billion in value since Friday, February 21, 2025, plunging traders into chaos. What started as a seismic $1.5 billion Ethereum heist from Bybit—courtesy of North Korea’s Lazarus Group—snowballed into a market-wide bloodbath, with Coinglass data showing a staggering $100 billion vanishing in a single hour on Saturday. Bitcoin plummeted 10% to hover near $90K, Ethereum shed 15%, and even the once-unstoppable meme coin frenzy—like Solana-based LIBRA—crashed hard, leaving investors stunned. The liquidity crisis kicked off when Bybit, a top-tier exchange, admitted the hack on February 21, dwarfing

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U.S. Authorities Snag $31M in Crypto Seizure from Uranium Finance Hack

In a jaw-dropping move, U.S. law enforcement has pulled off a massive crypto seizure, reclaiming $31 million in digital assets tied to the notorious 2021 Uranium Finance hack. Announced on February 24, 2025, via an X post from the Southern District of New York (SDNY), this operation—teaming SDNY with Homeland Security Investigations (HSI) in San Diego—delivers a thunderbolt to the decentralized finance (DeFi) underworld. It’s a rare victory nearly four years after hackers looted $50 million from Uranium Finance, a Uniswap clone on Binance’s BNB Chain, in one of DeFi’s biggest-ever heists. Back in April 2021, a crafty exploiter pounced

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BlackRock Exec Keeps Lips Sealed on Solana ETF Prospects in Crypto Shake-Up

The crypto universe is buzzing with speculation after BlackRock’s head of U.S. iShares product, Rachel Aguirre, played it coy on a potential Solana ETF during a February 24, 2025, Bloomberg interview. With BlackRock managing a colossal $11.6 trillion in assets, Aguirre’s refusal to spill the beans has set tongues wagging—could the world’s largest asset manager be eyeing a game-changing move into Solana, or is it staying loyal to its Bitcoin and Ethereum turf? Aguirre’s response was a masterclass in ambiguity. Asked about a Solana ETF amid Franklin Templeton’s recent filing for a Solana Trust, she leaned on three pillars: meeting

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Malaysian PM Ignites Crypto Frameworks Talks During UAE Visit in February 2025

Malaysia’s Prime Minister, Datuk Seri Anwar Ibrahim, has set the crypto world ablaze with his latest move. During a high-stakes visit to the United Arab Emirates in February 2025, Anwar dove headfirst into discussions on crypto frameworks, signaling a seismic shift for Malaysia’s financial future. Meeting with Binance co-founder Changpeng “CZ” Zhao and UAE officials, the PM is on a mission to craft a regulatory blueprint that could position Malaysia as a Southeast Asian crypto hub. The talks, held amidst the glitz of Abu Dhabi, weren’t just casual chit-chat. Anwar’s agenda was laser-focused: harnessing crypto frameworks to modernize Malaysia’s economy

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Bybit Unleashes Blacklisted Wallets API to Boost Crypto Recovery Efforts

In a bold move shaking up the cryptocurrency landscape, Bybit has rolled out a groundbreaking blacklisted wallets API on February 23, 2025, aimed at accelerating crypto recovery efforts following one of history’s largest digital heists. This innovative tool targets the $1.4 billion in Ethereum snatched by North Korea’s notorious Lazarus Group on February 21, 2025, from Bybit’s multisig cold wallet. The API empowers ethical security experts—aka white hat hackers—to track and intercept suspicious wallet addresses linked to the theft, offering a tantalizing 10% bounty on recovered funds, potentially up to $140 million. The announcement comes as Bybit, the world’s second-largest

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