Odaily Planet Daily News According to Solscan trading data, Barstool Sports founder Dave Portnoy appears to have mistakenly invested nearly $170,000 worth of SOL in a random illiquid LIBRA token (the contract is different from the LIBRA token associated with Argentine President Mile), causing its price to rise by more than 3,000% at one point. Portnoy posted on X shortly after buying the token: "Does anyone want to buy some fake LIBRA? Warning, this is a Meme coin. I bought it accidentally, and it will fluctuate. It will eventually go to zero. It may collapse. It may fall. Don't invest more than you can afford to lose, it's a collectible." If Portnoy sells his position in a random LIBRA token at the current price, he will lose more than half of his investment funds. (The Block)

Dave Portnoy claimed to have mistakenly bought a fake LIBRA coin worth $170,000 instead of the controversial coin shared by Argentinian President Javier Milei.  Portnoy then proceeded to share the token’s contract address on X, asking users not to invest more than they can lose. He said in the X post, “Anybody wanna buy some […] source: https://www.cryptopolitan.com/dave-portnoy-claims-to-buy-fake-libra-worth-170000-by-mistake-the-trenches-arent-convinced/

According to Odaily, Santiment reported on X that Ethereum (ETH) is exhibiting mild recovery signs, with its market price climbing to $2,745, outperforming most altcoins earlier this week. In the long term, ETH continues to move from exchanges to cold wallets at a remarkable pace, with the available supply on exchanges now at just 6.38%, the lowest since its inception. Meanwhile, the community has shown renewed interest in ETH since February. After underperforming compared to other high-market-cap cryptocurrencies in 2024, there is anticipation for ETH to rebound when the market fully recovers.

Ripple’s USD-pegged stablecoin, RLUSD, has reached a total supply of 120 million just two months after its official launch. The token associated with both Ethereum and the XRP Ledger (XRPL) has increased and is actively used in the cryptocurrency market. Blockchain data firm CryptoQuant noted that the supply expanded, which led to the upgrade. At […] source: https://www.cryptopolitan.com/ripples-rlusd-stablecoin-surpasses/

Odaily Planet Daily News Santiment published an article on X saying that ETH has shown signs of a mild rebound, and the current market price has rebounded to $2,745, outperforming most altcoins at the beginning of this week. In the long run, ETH continues to move from exchanges to cold wallets at an alarming rate, with exchanges accounting for only 6.38% of the available supply (the lowest level since Genesis). At the same time, the community showed new interest in ETH in February. After performing poorly relative to other high-market-cap coins in 2024, people began to expect ETH to rebound when the market fully recovers.

According to Odaily, Argentina's President Milei stated that he is not promoting cryptocurrency but merely spreading information about it.

According to BlockBeats, on February 18, Federal Reserve Governor Christopher Waller expressed that the new tariffs imposed by U.S. President Donald Trump's administration are expected to have only a moderate impact on prices. He suggested that the Federal Reserve should largely disregard these tariffs when formulating monetary policy. Waller emphasized that uncertainties related to trade or other government policies should not prevent the Federal Reserve from taking necessary actions. He cited past events such as the 2022 Russia-Ukraine conflict and the 2023 Silicon Valley Bank collapse, which did not deter the Fed from adjusting interest rates despite raising concerns about the economic outlook. In his speech, Waller acknowledged that the impact of tariffs might be greater than anticipated. However, he also noted that other policies under discussion could potentially have positive supply effects and exert downward pressure on inflation. Waller agreed that maintaining the current policy stance is appropriate until inflation decreases again. He mentioned that this could be a matter of time, pointing out that the recent "disappointing" rise in the Consumer Price Index (CPI) might be due to seasonal data adjustments rather than increasing price pressures. Waller was appointed as a Federal Reserve Governor during President Trump's first term.

According to Odaily, Whale Alert has reported that at 4:55:37 UTC+8, the USDC Treasury minted 250 million USDC on the Solana blockchain.

Odaily Planet Daily News: According to market news, Argentine President Milley said that he did not promote cryptocurrency, but only spread it.

Odaily Planet Daily News: According to Whale Alert monitoring, at 4:55:37 Beijing time, USDC Treasury issued an additional 250 million USDC on the Solana chain.

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