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BSC ecosystem tokens fell across the board, with TST falling 28.12% in 24 hours

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CZ said in Twitter Space that he did not know that there were scientists and other characters in the "cz's dog" 🐢 meme craze.

He apologized for the harm to retail investors and will continue to contact the community in the future. He will continue to learn about the coin issuance community and other content, and will also provide incentives for memes and other sections in the future, which are expected to be issued within 24 hours⏰. It is recommended that the community does not over-interpret the content of his tweets.🐦

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Abu Dhabi Sovereign Wealth Fund have bought $436 Million worth of Bitcoin πŸ’°

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Cathie Wood still predicts Bitcoin could hit $1.5M by 2030 despite recent ETF outflows. She cites institutional adoption and Bitcoin’s role as a hedge against currency devaluation πŸͺ™

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The 7-day moving average of Bitcoin network transaction volume has dropped to 330,000 transactions, hovering near a 12-month low, a significant 55% decrease from the peak of 730,000 transactions in the network's history.πŸ€”

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Solayer Founder: Will not Sit Idly By After Losing Over $2 Million Due to LIBRA

Chao fan Shou, the founder of Solayer, posted on social media that he and Solayer engineer @ tonykebot lost more than $2 million on LIBRA, and the picture released the team behind LIBRA KIPP. The list of core members of rotocol (visible on the official website), with the text "Let's see what two hackers and a free weekend can bring us."

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KIP Protocol co-founder Julian stated on social media that he also serves as the CEO of KIP Protocol, and his team did not profit from LIBRA

He acknowledged that the wording of the previous announcement was indeed inappropriate, but in the interest of maintaining transparency, it will not be deleted. He emphasized that he has not gone into hiding and has no need to evade tracking.

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CryptoQuant analyst Maartunn stated that the Bitcoin Inter-Exchange Flow Pulse (IFP) indicator has turned bearish

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🚨 πŸ‡¦πŸ‡· Argentina's President Caught in Crypto Controversy! $ LIBRA Crashes $4.4B in Just 5 Hours πŸ’₯

πŸ“Œ February 15, 2025 – Argentine President Javier Milei unexpectedly promoted a new digital currency called $ LIBRA, claiming it would boost the country’s economy. However, within just 5 hours of its launch, the token’s market value plummeted by $4.4 billion! πŸ“‰πŸ”₯

❌ Milei Deletes Tweet, Denies Involvement!
Amid growing skepticism, Milei quickly deleted his post, stating that he had no knowledge of the project and would no longer support it.

πŸ’° Shocking Revelation!
Investigations later revealed that KIP Protocol, the team behind $ LIBRA, allegedly withdrew $87 million from the liquidity pool before distancing themselves from the scandal. To make matters worse, the team publicly celebrated their "success", sparking outrage in the media! πŸ§πŸ“°

🚨 Social Media Exposes Key Figures!
As investors suffered huge losses, online user @ shoucccc leaked personal information of individuals allegedly linked to the scandal, further fueling the controversy!

⚠️ A Blow to Market Trust!
The $ LIBRA debacle has not only shaken investor confidence but could also have long-term repercussions on Argentina’s crypto policies. The lack of transparency between the government and financial markets is now under global scrutiny! πŸŒπŸ’­

⚠️ Please be aware that this is not a Financial Advice
πŸ”Ž Info above are collected from online sources
πŸ”ˆ What’s your take on this controversy? Drop your thoughts in the comments! πŸ‘‡πŸ—£
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Argentine Official Statement: President Milei has requested the Anti-Corruption Office to intervene in the LIBRA issuance eventπŸ“£

➑️ Read Here

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