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- 🚨 Biggest Crypto Headlines Today – What You Need to Know!
🚨 Biggest Crypto Headlines Today – What You Need to Know!
CoinGape Media
February 21, 2025
News
Bitcoin and altcoin investors are closely watching the developments in the Japanese market as core consumer inflation races by 3.2% in January and could push the central bank to announce rate hikes very soon. This has to the feats of unwinding of Japan’s yen carry trade, similar to August 2024, that triggered a major crypto market crash.
The cryptocurrency market is on the cusp of a major transformation as traders’ focus shifts from Bitcoin to altcoins. Experts and analysts suggest that a new trend is emerging, which could trigger an altcoin rally. For instance, CryptoQuant CEO Ki Young Ju underscored that the growing investor interest in stablecoins signals the beginning of an altcoin season.
Coinbase has revealed that the US SEC has agreed to drop the long-running legal battle against the top crypto exchange. The agreement to drop the Coinbase lawsuit represents a massive development in the Commission’s move to create a regulatory-friendly environment for the crypto industry.
Sponsored
Wall Street Pepe is already soldout, with its trading insights value, has at least a X10 potential from its pre-sale price, and it will be listed in three days, specifically 2pm UTC, Monday 17th February. Might have been a bigger potential but it’s unlikely that it will be listed in top tier exchanges like Binance. However, Pepeto, following the same path as Pepe token especially in its story and tokenomics, and the rumours of its creator being an ex-founder of Pepe team, got much more Binance and top tier listing potential in the making, leading analysts to predict a X100.
Markets
Crypto prices today (February 21) have sparked mixed investor sentiments as tokens have hovered into both red and green territories. Bitcoin (BTC) price crossed the $98K level on Friday, whereas Ethereum (ETH) traded above the $2,700 level. Simultaneously, Solana traded above the $170 mark, indicating leading coins saw growing market support. However, XRP has lost nearly 2% over the past day and is below the $2.7 level. Notably, the recently launched Story (IP) token skyshot in value, emerging as the day’s top market gainer. Mentioned below are some of the latest market updates and how the leading crypto prices have been delivering in the past 24 hours.
Pi Network price has imploded after the much anticipated mainnet launch on February 20th. It has crashed by over 50% in the last 24 hours, leading to a $6 billion wipeout as its market cap moved to $4 billion. So, let’s explore some of the best crypto coins to buy for 10x gains this year.
Ethereum (ETH) price trades today at $2,742.9 as of 3 PM as China’s M1 money supply nearly doubled from 60 trillion Yuan to 112 trillion Yuan. Ether prices hit a daily high of $2,838.9 today after rising 0.48% on February 21. This dramatic increase has ignited discussions about its potential impact on major cryptocurrencies, including Ethereum. Let’s explore the details and implications of the sudden spike in money supply on Ethereum price predictions.