I asked AI what happened in cryptocurrency world today on 17 Feb 2025. And here is what I learnt:
1. Argentina’s President Faces Impeachment: President Javier Milei is facing impeachment after promoting a little-known cryptocurrency, $LIBRE, which surged in value before crashing (Source: https://www.financialexpress.com/world-news/argentinas-president-milei-faces-impeachment-after-promoting-controversial-cryptocurrency/3751339/ ). The incident has led to an investigation by the Anti-Corruption Office.
2. Binance Community Consultation: Binance announced a community consultation on listing Pi Network, generating excitement among cryptocurrency enthusiasts (Source: https://www.fool.com/terms/t/to-the-moon/ ).
3. Ethereum Price Decline: Ethereum (ETH) slid under $2,600, with analysts predicting a potential rebound. (Source: https://coinatory.com/cryptocurrency-news/ ).
4. Tether Invests in Self-Custody Wallet: Tether has invested in Zengo, a self-custody wallet, to speed up stablecoin adoption. (Source: https://coinatory.com/cryptocurrency-news/ ).
5. SEC and Binance Legal Case Pause: The SEC and Binance have requested a 60-day pause in their ongoing legal case amid regulatory review. (Source: https://coinatory.com/cryptocurrency-news/ ).
6. Thailand-China Joint Operation: A joint operation between Thailand and China seized $2.5 million USDT from Chinese scammers. (Source: https://coinatory.com/cryptocurrency-news/ ).
7. Gemini Moves into EU Perpetuals Space: Gemini has received an in-principal approval to enter the EU perpetuals space. (Source: https://coinatory.com/cryptocurrency-news/ ).
8. Solana DEX Volume Surge: Solana's decentralized exchange (DEX) volume has surged towards $60 billion, extending its winning streak over Ethereum. (Source: https://coinatory.com/cryptocurrency-news/ ).
9. SEC Critique on Crypto Regulation: A court has critiqued the SEC’s approach to crypto regulation, with Gemini’s Chief Legal Officer commenting on the matter. (Source: https://coinatory.com/cryptocurrency-news/ ).
10. Bitcoin Shows Local Bottom Signals: Analysts suggest that Bitcoin is showing local bottom signals as miners enter capitulation phase. (Source: https://coinatory.com/cryptocurrency-news/ ).
What do you think about these?
