Crypto News, February 17th 2025
Posted inblockchain

Crypto News, February 17th 2025

Recent cryptocurrency events include fraud allegations against Argentina's president over $LIBRA promotion, the crypto industry's push for political influence, XRP's price fluctuations amid ETF speculation, speculation about Bitcoin's creator, Charles Schwab's expansion into digital assets, an Ethereum user burning $1.67 million, and a cryptocurrency flag waved atop the Hollywood sign.
$SOL Price Forecast: Short-Term Pressure, Long-Term Strength?
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$SOL Price Forecast: Short-Term Pressure, Long-Term Strength?

Solana's native token $SOL is facing short-term selling pressure due to upcoming FTX token unlocks, but a potential ETF and strong network growth could drive long-term gains. With key price levels at $160 and $130, investors are watching closely. Will SOL bounce back or dip further?
A stylized image of dice, coins, and the Argentinian flag.
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Did Super Bowl Bettors Finance the $LIBRA rugpull?

Argentina’s President Javier Milei is facing legal scrutiny after the spectacular collapse of the $LIBRA memecoin—a token that surged past $4 billion before insiders withdrew over $107 million, leaving retail investors with massive losses. But was this just another crypto meltdown, or did Super Bowl betting liquidity help fuel the rise (and fall) of $LIBRA? With Barstool Sports’ Dave Portnoy caught in the mix, and questions emerging about whether sportsbook profits were used to prop up the token before the rug was pulled, the scandal may have far-reaching implications—not just for investors, but for Milei’s presidency itself.
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Mizar Expands Alpha Program to BNB Chain

Mizar is expanding its Alpha Program to BNB Chain, offering traders a chance to earn up to 8 BNB per week for submitting profitable market insights. Following a successful run on BASE, where participants made over $600,000 in profits, the program now allows BNB traders to compete, track their calls, and win rewards via Mizar’s Discord and dashboard.
NYSE Seeks Approval for Grayscale Ethereum Staking
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NYSE Seeks Approval for Grayscale Ethereum Staking

The New York Stock Exchange (NYSE) has filed with the SEC to enable staking within Grayscale’s spot Ethereum ETF, potentially allowing a portion of its ETH holdings to generate additional yield. If approved, this move could reshape crypto ETFs by integrating staking rewards, marking a pivotal moment for Ethereum’s institutional adoption.
HeyAnon: Leading the DeFi Future with AI and $ANON’s Role in DeFAI
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HeyAnon: Leading the DeFi Future with AI and $ANON’s Role in DeFAI

HeyAnon, an AI-driven DeFi protocol, revolutionizes blockchain finance with innovative features, like conversational AI and real-time data aggregation. Despite a recent 75% price drop from its ATH of $24.73 due to market pressures and competition, its potential for growth remains strong through enhanced AI utility and improved marketing strategies.