📉Crypto Market Meltdown

Crypto market cap crashes, SEC makes a statement on memecoins, and the latest on the Strategic Bitcoin Reserve

February 28, 2025

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Top Stories

BTC $80,455(-6.8%) | ETH $2,115 (-10%) | SOL $135 (-4%)

  • SEC states that memecoins generally do not qualify as securities under federal law

  • Coinbase and SEC dismiss lawsuit

  • North Korean hacker group Lazarus has laundered over $240M through Thorchain

  • Strategic Bitcoin Reserve bill advances to Senate floor in Texas

  • NFT Marketplace Mintify introduces $MINT token

  • Uniswap Wallet introduces fiat offramping

  • Crypto trading platform Bitmex reportedly looking for a buyer

  • SEC drops case against blockchain software company Consensys

  • Democrats introduce MEME act, which aims to prevent federal officials from promoting, issuing, or sponsoring a digital asset

Top Movers

NFTs

Wealthy Hypio Babies (Hyperliquid) +25% 1.2 ETH

Kaito Genesis Box (ETH) -9% 2.8 ETH

Ordinal Maxi Biz (BTC) -12% 0.03 BTC

Tokens

$TRUMP -14% ($2.2B MC)

$SPX -20% ($449M MC)

$OM +1% ($7.2B MC)