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World Liberty Financial, associated with Donald Trump, plans to create a strategic reserve of cryptocurrencies, reflecting the organization's expanding footprint in the digital finance sector.
Dave Portnoy sparks controversy with meme coin trades and promotion, accused of profiting off followers with pump-and-dump schemes.
The proposal follows similar legislative moves by other U.S. states exploring Bitcoin adoption in their financial reserves.
Quick Take The prices of various cryptocurrencies have dipped after President Trump told reporters that he plans to implement new 25% tariffs on steel and aluminum next week. The price of Bitcoin, which briefly surpassed $100,000 on Friday, has slid to around $95,000, with Ethereum down 3.5% in the past 24 hours. The price action comes shortly ahead of Super Bowl LIX, expected to be the most-watched telecast of the year.
- 01:34Shadow's trading volume reached 252 million US dollars in the past 24 hours, surpassing Hyperliquid and BerachainOn February 21, the Sonic DeFi project Shadow announced on social media that its platform had reached a trading volume of $252,856,099 in the past 24 hours, setting a new historical high. This surpasses Hyperliquid ($137 million), Berachain ($178 million), Avalanche ($96.1 million), and Polygon ($105 million).
- 01:33A certain whale has withdrawn approximately 175,000 SOL from CEX in the past 4 days and staked them, equivalent to about 29.87 million US dollarsGolden Finance reports, according to on-chain analyst Onchain Lens monitoring, in the past 4 days, a large address has withdrawn 174,767 SOL (approximately $29.87 million) from CEX exchange and used 174,705 SOL for staking.
- 00:57JPMorgan Chase: Cryptocurrency market may undergo adjustmentPANews reported on February 21, according to Cointelegraph, JPMorgan warned that the cryptocurrency market may undergo adjustments due to a decline in demand for BTC and ETH futures at the Chicago Mercantile Exchange (CME), institutional profit-taking, and a delay of major US cryptocurrency plans until the second half of 2025.