Crypto Market Recap: Key Events from Today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, a cryptocurrency endorsed by Argentine President Javier Milei turned into a financial catastrophe after insiders staged a rug pull, the New York Stock Exchange has proposed allowing Grayscale to stake Ether within its spot Ether ETFs, and the US Securities and Exchange Commission’s Crypto Task Force is actively meeting with digital asset firms to discuss regulatory frameworks for the industry.
Javier Milei-endorsed Libra token crashes after $107 million insider rug pull
The launch of Libra (LIBRA), a cryptocurrency endorsed by Argentine President Javier Milei, turned into a financial catastrophe after insiders cashed out over $107 million, wiping out nearly 94% of the token’s value within hours.
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