The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.

Jupiter repurchases 16.86M JUP tokens worth $9.32M in buyback.

The crypto market shows signs of recovery with Ethereum climbing back above the $2,000 level, while several altcoins including Wormhole (W), DIONE, and Magnetix (MAG) post double-digit gains in the past 24 hours. Wormhole (W) has jumped 41.

Jupiter (JUP) has recently registered some minor gains rising by 3.50% in the last day. However, earlier market losses mean the altcoin experienced a 1.38% decline in the past seven days.

Jupiter faces a possible decline as the flag pattern signals downward pressure toward $0.41.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.

Made in USA cryptos to watch this week include XRP, Pi Network (PI), Story (IP), Jupiter (JUP), and Aerodrome Finance (AERO). XRP is leading in market cap, while PI is coming off one of the largest token launches in recent history.

Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.

The crypto market had a mixed day as price action varied across cryptocurrencies. Bitcoin (BTC) continues to struggle, briefly dipping below $80,000 before recovering and moving to its current level.

JUP price hovers near a critical level, signaling potential movement. Market participants should watch for confirmation signals.

Here is how some of your favorite assets concluded the week.

Wormhole Settlement offers fast, scalable cross-chain asset transfers using intent-based protocols, enhancing speed, redundancy, and composability for blockchain users and institutions.

Jupiter has created history with its mind blowing hold over the world. The financial system was revolutionized when Jupiter started climbing the ladder.

The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.

Bitcoin's (BTC) decline is showing no signs of slowing down, with the price down over 6% in the past 24 hours. The flagship currency briefly dipped under the $80,000 level as bears eye $73,000.

Jupiter raked in $10.88M in daily fees, outperforming Uniswap, PancakeSwap, and Hyperliquid, and trailing only Tether's $18.19M revenue.

Jupiter Exchange is using the fee generated by the protocol to buy back JUP tokens amidst sharp price declines.

Jupiter has officially begun its first JUP token buyback, with on-chain data confirming that 4.88 million JUP worth $3.33 million have already been repurchased. The Feb.

Wormhole introduces a new suite of intents-based protocols for fast, institutional-scale digital asset transfers across multiple blockchains, enhancing redundancy, composability, and cost-efficiency.

Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.

Wormhole integrates with Unichain, facilitating seamless asset transfers across blockchains. This partnership enhances DeFi liquidity and offers developers efficient cross-chain solutions.

How did Kelsier, Jupiter, and Meteora allegedly use LIBRA's liquidity to cash out at the top while everyday traders lost billions in the biggest Solana scandal since FTX? A sudden scandal On Feb.

The Solana-based DEX, Jupiter, marks a small intraday recovery while the monthly returns are down at 27%. Despite the intense bearish pressure, an analyst expects this recovery to scale to $1.

If you've been waiting for an easy way to get your paws on this popular token, the wait is over. Now, users can trade $DOG directly on Solana's leading DEX aggregator, giving them better prices, deep liquidity, and fast transactions.

The price of Jupiter Token (JUP) has recovered by 4% today after falling as low as $0.6743 in the past 24 hours, with the exchange token suffering a 12% seven-day drop amid fallout from the LIBRA controversy. The post Jupiter Token Plunges 12% as LIBRA Controversy Rocks the Solana Ecosystem appeared first on Cryptonews.

The launch of the LIBRA token has sparked controversy in the Solana ecosystem, seeing Meteora co-founder Ben Chow resign and Jupiter launch an investigation.

Jupiter (JUP) has recently entered a bearish phase, with a 34.29% price decrease over the past month. This downward momentum has carried over into the past 24 hours, with a notable 11.38% drop.

JUP could plunge further in the coming trading sessions.

You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.

“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.