xpr

$BTC $XRP $ETH
Centralized exchanges (CEX) like Binance, Bybit, and others do not have direct “artificial intelligence” that would adjust prices individually for each trader. However, there are mechanisms that can create such an effect, especially for retail traders:

🔔 MARKET MOVING NEWS! (20/02/25)

1️⃣ SEC Reverses Course, Dismisses Its Own Crypto Rulemaking Case Appeal ‼️

According to media reports, the U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its appeal of a ruling that prevented the agency from expanding existing securities laws to cover decentralized finance (DeFi), users and projects. Notably, the latest move came after the new SEC leadership signalled that the agency would take a more collaborative approach to policing the crypto space.

Blockchain Association CEO Kristin Smith claimed the SEC’s voluntary dismissal of its appeal represented a major win for the digital assets industry. She stated,

We first brought our lawsuit against the SEC to challenge the agency’s unlawful power grab, which sought to unilaterally redefine the boundaries of its statutory authority. With new leadership at the agency leading to today’s final dismissal, we’re looking forward to productive conversations between industry and the SEC moving forward.

#SEC
2️⃣ Dave Portnoy Nets Over $250,000 By Creating And Selling ‘Greed’ Memecoin 💰

Barstool Sports founder Dave Portnoy reportedly launched two tokens via Pump.fun yesterday. The first token with the ticker $GREED quickly skyrocketed to a $41.5 million market cap. Shortly after, Portnoy dumped his entire GREED token holdings in one transaction. He then swapped the proceeds into JAILSTOOL.

This caused GREED to drop 99% in just four seconds from a $12.88 million market cap to $123,950. Portnoy then followed up by launching a sequel token with the ticker $GREED2 —which has already tanked 97% from its all-time high. According to analytics firm Lookonchain, Portnoy made nearly $258,000 in profit from his $GREED token sales.

In an X post published Tuesday, Portnoy wrote,

There are lots of people in the meme coin world who try to act like they are the moral authority when all they want to do is dump on you and make easy money. You are all greedy. At least admit it. I won’t screw you but the guy next to you may. This collectible token commemorates that.

4️⃣ SEC Acknowledges Spot XRP And Litecoin ETF Filings From CoinShares 👀
#xpr
The US Securities and Exchange Commission (SEC) has reportedly acknowledged CoinShares’s form 19b-4 filings for its spot XRP and LTC exchange-traded fund submitted by Nasdaq Stock Market LLC. For context, a 19b-4 filing is the second part of a two-step process for proposing a spot crypto ETF. Once the SEC acknowledges the filing, it will be published in the Federal Register. Once published in the Federal Register, the SEC will allow a 21-day comment period on the filing before deciding to approve, deny, or pursue further action, with a final decision expected in up to 240 days.

5️⃣ 86% Of LIBRA Traders Have Realised A Loss Of More Than $1K: Nansen 🕯
According to blockchain research firm Nansen, over 86% of the 15,430 wallets that traded the $LIBRA token at a profit or loss of more than $1,000 have made a combined loss of $251 million. Specifically, the firm noted that around 1,478 wallet holders saw a realized loss of between $1,000 and $10,000 (amounting to a net loss of $4.8 million), over 2,800 crypto wallets lost between $10,000 and $100,000 (amounting to a net loss of $82.4 million), 392 wallets lost between $100,000 and $1 million (amounting to a net loss of $96.5 million) and 23 wallets lost more than $1 million (amounting to a net loss of $40.9 million)