📉 Argentinian token RUG

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LIBRA Token

• Argentinian President Javier Milei posted information regarding the LIBRA token across social media

• After reaching a peak of a $4.6B FDV, insider wallets pulled liquidity, profiting over $100M

• KIP Protocol took ownership for the LIBRA token stating that the LIBRA token has been a success

• Milei deleted posts regarding the token and called people who profited from the token “rats”

• Streamer was caught live trading on inside information regarding the LIBRA token

• The LIBRA token is now trading at a $180M market cap, down 96% from its peak

Headlines

• Four institutions filed to allow staking in ETH ETFS

• Trump appointed Brian Quintenz, the head of policy as A16Z crypto, as the head of the CFTC

• Research showed that US State Bitcoin reserve policies could drive $23B of Bitcoin buying pressure

• Hester Peirce stated that many memecoins don’t fall under the SEC’s regulation

• The Binance treasury sold a large amount of reserve assets — Clarifies that it was an accounting adjustment

TradFi

• Coinbase posted $2.3B in Q4 revenue, beating estimates by 23%

• Gamestop rallied pre-market as they considered investing in Bitcoin

• Robinhood beat earnings on the back of a 700% increase in crypto revenue

• World Liberty Financial announced their “Macro Strategy” reserve program

• Crypto custody firm Bitgo eyes an IPO the 2nd half of 2025

NFTs

• Ordinal Maxi Biz released details around their upcoming “Black Eyes” mint dropping Feb. 25

• Taproot Wizards announced “Taproot Wizards” funeral coming March 2025

• Sam Spratt’s 1/1 artwork, “X.Masquerade”, sold for $3M

• MegaETH sold out 5,000 soulbound Fluffle NFTS at a 1 ETH price point

• Azuki announced a TCG coming later this year

Tokens

• OpenSea released details on their SEA token

• Doodles announced the DOOD token launching on Solana and reveals tokenomics

• Kaito announced their KAITO token

• Story Protocol launched and their IP token claim went live

• Links DAO teased $LINKS token

• ARC AI framework announced arc.fun token launchpad