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Meteora co-founder Ben Chow has stepped down from his leadership position at the Solana DeFi platform.Chow said in a previous statement that Meteora and he had never participated in insider trading related to memecoin launches.
Argentina President Javier Milei said he didn’t intend to persuade people to buy the LIBRA memecoin, and he only meant to “spread the word.”Milei also said during a television interview that few Argentines lost money and most investors were “Chinese and American.”Milei faces fraud charges over his involvement in the Solana-based memecoin, which collapsed 95% from its peak.
Pi Network's excitement is reaching new heights as the project prepares for its mainnet launch. With record-breaking search interest and support from major exchanges, the platform is gaining significant attention.
We asked China's DeepSeek what the best-positioned cryptos are this year.
- 14:35Nearly $50 Million Liquidated Across the Network in the Past Hour, Mainly Long PositionsAccording to Coinglass data, in the past hour, the total liquidation across the network was $48.2093 million, with long positions liquidated at $47.2252 million and short positions at $984,200.
- 14:35Data: James Wynn increases Bitcoin long position margin by 40 times, liquidation price at $103,860According to HyperInsight monitoring, whale James Wynn transferred approximately 74,000 USDC to his HyperLiquid account in the past two hours to increase the margin of a 40x Bitcoin long position. Currently, the nominal value of his position is about $80 million, with an opening price of $106,066.7 and a liquidation price of $103,860, resulting in an unrealized loss of approximately $1.46 million.
- 14:35ECB President Hints Rate Cut Cycle Nearing End, Market No Longer Fully Pricing in Another 25BP Cut This YearTraders have reduced their bets on future rate cuts by the European Central Bank and no longer fully price in a further 25 basis point cut this year. The money market's expectation for further rate cuts before December was once only 23 basis points, compared to 32 basis points before the ECB's rate decision on Thursday. Short-term bonds led the decline, with the yield on two-year German bonds rising by 7 basis points to 1.87% at one point. Previously, ECB President Lagarde stated that the central bank's rate-cutting cycle is nearing its end.