- Bitcoin (BTC) touched close to $89,000 in Asian trading hours, bouncing back from a low of $86,200. This slight uptick is boosting market sentiment as major tokens show recovery signs.
- XRP and BNB led the charge with gains of 3% and 5%, respectively. Solana 's SOL also rose by 5%, while Dogecoin (DOGE) and Cardano's ADA saw modest increases. However, Tron (TRX) dipped by 5%.
- The market's cautious optimism follows a significant liquidation event, suggesting assets might have been oversold.
- Traders remain wary, with BTC dominance rising and altcoin enthusiasm muted. Institutional demand, driven by players like Strategy, could face challenges if price momentum stalls.
💬 What are your thoughts on the current crypto landscape? Share in the comments!
LIBRA Token Fallout: Crypto Influencer Faces Backlash Due to Alleged Insider Trading, Flees Count...
Death Threats Forced Crypto Influencer to Flee
Crypto influencer SolJakey has revealed that he fled the country after receiving death threats linked to allegations of insider trading concerning the controversial LIBRA token, launched by Argentine President Javier Milei.
SolJakey, who had connections with Hayden Davis and his firm Kelsier Ventures—responsible for both the LIBRA and Melania Trump’s MELANIA crypto tokens—became a target of backlash after posting a defense of key opinion leaders (KOLs) and insider trading on 16 February.
Some you guys are such cry babies, Arguing the fact that some people may have had insider information or had an edge on a trade because they are a kol or have a level of influence is a skill issue in majority. Large portions of the creators and KOL's you see being bashed for…
— Jakey (@SolJakey) February 15, 2025
His remarks, along with a video where he humourously pretended to be an insider trader, were poorly received by the crypto community.
This may be the single biggest clown take I’ve read to date You do realize that most serious people don’t trade on inside information right? Absolutely pathetic write up
— TylerD 🧙♂️ (@Tyler_Did_It) February 16, 2025
insidor pov: pic.twitter.com/ISDfyV0HQD
— Jakey (@SolJakey) February 16, 2025
The situation escalated when, on 18 February, SolJakey began receiving threatening messages from individuals who claimed to know his location.
Fearing for his safety, he and his associates moved to an undisclosed, private location, reportedly three hours away, complete with a private pool and luxury amenities.
The transition, documented in a montage with somber music, saw him addressing the situation from his new residence, where he discussed the LIBRA accusations, stating:
“We came here because of death threats and squatting threats.”
Despite the rumours and accusations, I was not involved with any of the launches of “Kelsier Ventures” I was advised by people around me to lay low, let the storm pass by abit, But I wanted to say my peace. Whether you decide to watch it or not, this is my story. SOLANA. pic.twitter.com/gVL14EIb7j
— Jakey (@SolJakey) February 25, 2025
SolJakey Discovers Argentina’s Coin Project Before Launch
Addressing the LIBRA accusations, he claims:
“I had no part in the LIBRA launch, I traded it just like everybody else.”
In addition, he denies being a part of the ENRON launch:
“I’ve never received any token allocation, I’ve never received an early CA (crypto address), I’ve never sniped or insider traded in any capacity. My average entry on Libra was $2.5B. I broke even on the fucking coin.”
So Frank Degods and Sol Jakey both get outed in the meteora founder phone call leak confirming they were insiders on the $libra launch. Interesting time for them both to dissapear from the timeline eh 😂 pic.twitter.com/jn1o7PcH5c
— TheDefiApe (@TheDefiApe) February 20, 2025
SolJakey acknowledges that he suspected an "Argentina coin" would eventually launch, as Hayden Davis had informed him that he was advising Argentine President Javier Milei and had played a role in launching the MELANIA token.
While SolJakey concedes there was an "edge" in knowing about the coin's potential launch, he insists he had no further details about the project.
He said:
“Wrong place wrong time, guilty by association.”
His account aligns with claims from other crypto influencers, such as those from the LA Vape Cabal, who suggested that the concept of an Argentinian coin was already well-known within meme coin circles.
SolJakey recounts several meetings with Hayden in locations like LA, Istanbul, and Barcelona, where he also met DefiTuna founder @CavemanDhirk, who later distanced himself from Kelsier Ventures.
Despite these interactions, SolJakey maintains that none of these meetings had any direct connection to the LIBRA token.
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10小時前
Ethereum Foundation Elevates Aya Miyaguchi to President Amid Leadership Restructuring
Miyaguchi, who joined the nonprofit in 2018, oversaw key milestones such as Ethereum’s 2022 transition to proof-of-stake (The Merge), a technical overhaul praised for reducing energy consumption. Her leadership philosophy emphasizes decentralization, which she described as fostering an “Infinite Garden” of innovation. Under her tenure, the foundation also prioritized client diversity, research interoperability, and events like the annual Devcon conference.
The role change follows months of community criticism, with some stakeholders alleging ineffective leadership amid Ethereum’s lagging developer growth and market competitiveness relative to rivals like Solana. Critics have linked these challenges to Miyaguchi’s hands-off approach, though supporters, including Ethereum co-founder Vitalik Buterin, credit her with maintaining the network’s decentralized ethos.
A while back, Buterin condemned recent harassment targeting Miyaguchi, calling such behavior “pure evil” in a January 2025 social media post. He reaffirmed his authority over leadership decisions, stating, “The person deciding the new EF leadership team is me,” while defending Miyaguchi’s contributions to technical upgrades and governance coordination.
The restructuring aligns with plans to introduce a formal governance board, aiming to enhance transparency. Miyaguchi noted in a blog post that a new model would balance decentralization with strategic leadership, though specifics remain undisclosed.
The transition positions Miyaguchi to focus on global institutional partnerships and cultural advocacy, testing her ability to unify a divided community. Ethereum retains dominance in decentralized finance, but pressure mounts to address scalability and developer retention as competitors gain traction. The foundation’s next steps will likely shape its ability to sustain innovation while navigating decentralized governance challenges.
Following the transition announcement, the foundation noted it was donating $1.25 million to the legal defense of Alexey Pertsev. “Privacy is normal, and writing code is not a crime,” the foundation’s X post noted.
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