How did Kelsier, Jupiter, and Meteora allegedly use LIBRA's liquidity to cash out at the top while everyday traders lost billions in the biggest Solana scandal since FTX? A sudden scandal On Feb.

The Solana-based DEX, Jupiter, marks a small intraday recovery while the monthly returns are down at 27%. Despite the intense bearish pressure, an analyst expects this recovery to scale to $1.

If you've been waiting for an easy way to get your paws on this popular token, the wait is over. Now, users can trade $DOG directly on Solana's leading DEX aggregator, giving them better prices, deep liquidity, and fast transactions.

Digital tokens witness limited recoveries as Bitcoin attempts a break past $97K. While bulls fight for control, AAVE remains poised for continued struggle after resistance rejection. AAVE failed to steady above $270 after rallying to $277 on Monday. The sharp rejection saw the alt plunging to $249 the following day.

The price of Jupiter Token (JUP) has recovered by 4% today after falling as low as $0.6743 in the past 24 hours, with the exchange token suffering a 12% seven-day drop amid fallout from the LIBRA controversy. The post Jupiter Token Plunges 12% as LIBRA Controversy Rocks the Solana Ecosystem appeared first on Cryptonews.

The launch of the LIBRA token has sparked controversy in the Solana ecosystem, seeing Meteora co-founder Ben Chow resign and Jupiter launch an investigation.

Jupiter (JUP) has recently entered a bearish phase, with a 34.29% price decrease over the past month. This downward momentum has carried over into the past 24 hours, with a notable 11.38% drop.

JUP could plunge further in the coming trading sessions.

The Ethereum Name Service (ENS) is rapidly emerging as a pivotal player within the Ethereum ecosystem, providing users with human-readable addresses for their cryptocurrency transactions. ENS replaces complex Ethereum wallet addresses with user-friendly names, making it easier for individuals and businesses to engage with decentralized platforms.

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“I ask everyone not to jump to conclusions and be as kind to him as possible as he seeks to clear his name,” said Meow.

Aave (AAVE) has demonstrated promising signs of a potential price reversal, bouncing from its accumulation zone and experiencing a 5.07% increase in the past 24 hours, bringing its current price to $267.39. This upward movement has created optimism in the market as traders remain focused on whether AAVE can break free from its ongoing consolidation and continue to climb.

Jupiter Exchange, a decentralized exchange, is under scrutiny following the collapse of the LIBRA token, a Solana-based meme coin endorsed by Argentine President Javier Milei.

Meow, founder of Jupiter and co-founder of Meteora, revealed that nobody from Jupiter or Meteora committed any insider trading or financial malpractice. Jupiter also hired Fenwick & West law firm to investigate and report on any issues in the company.

AAVE shows reversal signs with key resistance levels ahead, indicating potential for further gains.

The quick gains and effortless profits had attracted many towards the memecoin space. New tokens were constantly been launched and within a few moments faced a massive rug pull.

An internal investigation by Jupiter found no evidence of "sniping" by employees around the launch of collapsed meme coin LIBRA, it said.

Several events involving diverse ecosystems are expected to make headlines in crypto this week. From defunct exchange FTX to Jupiter and Hyperliquid, crypto market participants should prepare for a volatile week.

Argentine President Javier Milei faces impeachment calls from political opponents after endorsing the cryptocurrency that turned into a $100 million rug pull.

Argentine President Javier Milei faces impeachment calls from political opponents after endorsing the cryptocurrency that turned into a $100 million rug pull.

According to meeting notes published this past Friday, the discussion focused on how staking could benefit investors and strengthen blockchain security. The SEC is currently reviewing multiple proposals for Solana ETFs as asset managers rush to bring alternative crypto ETFs to market.

Jupiter officially denied involvement in LIBRA token issuance and fundraising activities.

The newly established Crypto Task Force by the U.S. Securities and Exchange Commission (SEC) met with the CEOs of Jito Labs and Multicoin Capital, which has led to positive momentum for Jito's native token, JTO. The discussion during the meeting centered on the possibility of incorporating staking into crypto exchange-traded products (ETPs), which could have significant implications for the crypto industry.

Jupiter's [JUP] price action has been facing challenges in recent weeks, with the asset seemingly stuck within a tight range. While there have been moments of optimism, particularly after recent positive developments, the broader market structure continues to show resistance at key price levels.

The SEC's latest outreach programme is already having a significant impact on the markets.

The range formation and the magnetic zone highlighted the $1.3 level as the biggest bearish price obstacle for JUP.

Jupiter (JUP) has unveiled a new buyback strategy, set to begin on Monday, which will see half of its protocol fees allocated to the purchase and three-year lock-up of JUP tokens.

The U.S. Securities and Exchange Commission (SEC) Crypto Task Force has begun considering whether staking should be allowed in crypto exchange-traded products (ETPs) after meeting with Jito Labs and Multicoin Capital on February 5, 2025.

Litecoin (LTC), Jito (JTO), and Bittensor (TAO) added between 17% and 22% to their values in the past seven days, according to CoinGecko data. Bitcoin's resilience and the market-wide recovery in crypto has paved the way for gains in altcoins.

Based on Solana, Jupiter is the most popular DEX aggregator by trading volume.

The U.S. SEC reassessed its stance on crypto staking under former chair Gary Gensler, signaling willingly to include the feature in ETFs.

The SEC's engagement with crypto firms on staking in ETPs could reshape investment strategies and enhance blockchain network security. The post SEC's Crypto Task Force engages with Jito Labs, Multicoin Capital on staking for crypto ETPs appeared first on Crypto Briefing.

The cryptocurrency market remains active today, with multiple assets recording high trading volumes.

In a recent update, the U.S. Securities and Exchange Commission (SEC) recently met with Jito Labs and Multicoin Capital to explore an exciting possibility – adding staking to exchange-traded products (ETPs). This meeting is part of the SEC's ongoing push to shape a clear and structured regulatory framework for cryptocurrency investments.

The U.S. Securities and Exchange Commission (SEC) held a meeting with Jito Labs and Multicoin Capital to discuss the potential inclusion of staking in exchange-traded products (ETPs). This discussion was part of the SEC's ongoing efforts to establish a clear regulatory framework for cryptocurrency investment products.

Jito Labs and Multicoin Capital argue staking would benefit investors and bolster the security of the underlying blockchain.

Jupiter initiates a buyback plan, committing 50% of protocol fees to JUP purchases. Will this fuel a lasting rally?

AAVE, one of the leading decentralized finance (DeFi) platforms, has been experiencing notable developments in its ecosystem. Over the past year, the platform has witnessed significant growth, with net deposits exceeding $20 billion.

Jito (JTO), the liquid staking protocol on the Solana (SOL) network, has recently seen a notable surge in price, driven by an increase in network activity and technical momentum. The coin broke above the crucial $2.90 resistance level, signaling a potential for continued upward movement.

Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.

Cryptocurrency prices had another boring week, as Bitcoin remained in a consolidation phase, while the fear and greed index moved to the fear zone of 35. Most coins attempted to bounce back after crashing hard last week.

AAVE has seen over $20 billion in net deposits over the past year Ethereum Foundation's

Solana-based liquid staking protocol Jito thrives amidst the prevailing broad market uncertainty. JTO has recorded price surges with increased network activity, confirming a flourishing ecosystem. The altcoin trades at $3.11. Notably, the latest surge propelled JTO past a key descending wedge pattern.

Jito breaks out of a falling wedge, confirming a bullish breakout as Open Interest rises by 6.46% on major exchanges.

Jupiter Exchange, a leading decentralized trading aggregator on Solana, announced plans to allocate 50% of its protocol fees toward repurchasing and locking JUP tokens for three years, starting Feb. 17.

Jupiter DEX will start buybacks on Monday, February 17. The DEX will use 50% of its fees for the buyback, locking the JUP tokens in a special wallet for three years.

JUP buybacks start Feb 17, cutting supply while boosting demand. With price forming a bullish setup, will it break past $1.27?

Jupiter's buyback policy could enhance token value and investor confidence, aligning with broader crypto trends in supply management strategies. The post Jupiter announces JUP buyback policy starting Monday appeared first on Crypto Briefing.