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Bitcoin Holds Steady as Libra Controversy Rattles Markets

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18 Feb 2025

Cryptocurrency Market Update

Bitcoin Stability Amid Market Declines

Bitcoin's price remains relatively stable, experiencing a slight decline of 0.7% over the past day. In contrast, the wider cryptocurrency market is experiencing bearish trends following a recent controversy surrounding the Libra token.

Libra Token Turmoil Sparks Political Consequences in Argentina

The Libra token situation has ignited significant concerns, with allegations of fraud emerging. This controversy has extended beyond financial markets, leading to calls for the removal of Argentina's President Javier Milei from office.

Cryptocurrency Projections

Despite current market challenges, some industry leaders hold optimistic views for the future of Bitcoin. A CEO speculates that Bitcoin could potentially reach a value of $250,000 by 2025.

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Zoth Hit by $8.4M Crypto Exploit After Wallet Compromise

Zoth Hit by $8.4M Crypto Exploit After Wallet Compromise

RWA restaking protocol Zoth suffers major breach as attacker drains millions, converts funds to DAI and ETH Real-world asset restaking platform Zoth just got rocked by a massive exploit, with attackers making off with roughly $8.4 million in crypto. The breach, uncovered on March 21, stemmed from a compromised

Bitcoin’s Wild Card: How Germany’s Debt Plans Could Shake Up Crypto

Bitcoin’s Wild Card: How Germany’s Debt Plans Could Shake Up Crypto

Inflation Fears, Government Sales, and Gold - What’s Next for Bitcoin? Bitcoin is entering a critical phase as Germany’s shifting economic policies threaten to reshape its trajectory. With Friedrich Merz set to become Chancellor and pushing for a €500 billion debt expansion, inflation concerns are rising - and

Are XRP Whales Preparing for a Big Move as Ripple vs. SEC Lawsuit Nears Conclusion?

Are XRP Whales Preparing for a Big Move as Ripple vs. SEC Lawsuit Nears Conclusion?

Massive Accumulation Hints at a Potential Price Surge Amid Legal Speculation Ever since Donald Trump's election victory and his vow to support the crypto industry - including firing former SEC Chair Gary Gensler - speculation has been mounting about a potential resolution in the long-running lawsuit between Ripple

XRP Price Consolidates as Key Levels Hold

XRP Price Consolidates as Key Levels Hold

Ripple’s Token Struggles to Break Out - Is a Major Move Coming? Ripple’s XRP has been navigating a critical price range, bouncing between support and resistance within an expanding wedge pattern. With the 100-day moving average and the $2 support level defining its boundaries, traders are watching closely