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JUP could plunge further in the coming trading sessions.

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“I ask everyone not to jump to conclusions and be as kind to him as possible as he seeks to clear his name,” said Meow.

Jupiter Exchange, a decentralized exchange, is under scrutiny following the collapse of the LIBRA token, a Solana-based meme coin endorsed by Argentine President Javier Milei.

Meow, founder of Jupiter and co-founder of Meteora, revealed that nobody from Jupiter or Meteora committed any insider trading or financial malpractice. Jupiter also hired Fenwick & West law firm to investigate and report on any issues in the company.

An internal investigation by Jupiter found no evidence of "sniping" by employees around the launch of collapsed meme coin LIBRA, it said.

Several events involving diverse ecosystems are expected to make headlines in crypto this week. From defunct exchange FTX to Jupiter and Hyperliquid, crypto market participants should prepare for a volatile week.

Argentine President Javier Milei faces impeachment calls from political opponents after endorsing the cryptocurrency that turned into a $100 million rug pull.

Argentine President Javier Milei faces impeachment calls from political opponents after endorsing the cryptocurrency that turned into a $100 million rug pull.

Jupiter officially denied involvement in LIBRA token issuance and fundraising activities.

Jupiter's [JUP] price action has been facing challenges in recent weeks, with the asset seemingly stuck within a tight range. While there have been moments of optimism, particularly after recent positive developments, the broader market structure continues to show resistance at key price levels.

The range formation and the magnetic zone highlighted the $1.3 level as the biggest bearish price obstacle for JUP.

Jupiter (JUP) has unveiled a new buyback strategy, set to begin on Monday, which will see half of its protocol fees allocated to the purchase and three-year lock-up of JUP tokens.

Based on Solana, Jupiter is the most popular DEX aggregator by trading volume.

The cryptocurrency market remains active today, with multiple assets recording high trading volumes.

Jupiter initiates a buyback plan, committing 50% of protocol fees to JUP purchases. Will this fuel a lasting rally?

Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.

Cryptocurrency prices had another boring week, as Bitcoin remained in a consolidation phase, while the fear and greed index moved to the fear zone of 35. Most coins attempted to bounce back after crashing hard last week.

Jupiter Exchange, a leading decentralized trading aggregator on Solana, announced plans to allocate 50% of its protocol fees toward repurchasing and locking JUP tokens for three years, starting Feb. 17.

Jupiter DEX will start buybacks on Monday, February 17. The DEX will use 50% of its fees for the buyback, locking the JUP tokens in a special wallet for three years.

JUP buybacks start Feb 17, cutting supply while boosting demand. With price forming a bullish setup, will it break past $1.27?

Jupiter's buyback policy could enhance token value and investor confidence, aligning with broader crypto trends in supply management strategies. The post Jupiter announces JUP buyback policy starting Monday appeared first on Crypto Briefing.

Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.

Crypto prices crashed on Wednesday morning as traders waited for the upcoming US inflation data. Bitcoin crashed below the key support at $95,000, while the market cap of all crypto coins fell to $3.15 trillion. This report provides the forecasts for top cryptocurrencies like BNB, Hedera Hashgraph (HBAR), and Jupiter (JUP).