The announcement comes as Movement prepares to launch its mainnet in beta, the latest release for the politically active team.
Investment firms Rex Shares and Osprey Funds have filed with the U.S. Securities and Exchange Commission to launch an exchange-traded fund tracking the price of Movement Network's MOVE token.
The proposed REX-Osprey MOVE ETF would invest at least 80% of its assets in MOVE or related instruments.
Here is how some of your favorite assets concluded the week.
MOVE's upside potential remains uncertain due to selling pressure.
Jupiter has created history with its mind blowing hold over the world. The financial system was revolutionized when Jupiter started climbing the ladder.
MOVE's movement on the chart remains uncertain, but will this change soon?
Movement (MOVE) coin is gaining momentum, testing a key resistance at $0.52. Will it break out and surge toward $0.60, or face a pullback?
Movement (MOVE) reached its all-time high of $1.45 on December 10, 2024, rising in tandem with the market as bulls dictated pace. However, with top coins slumping to multi-month lows in recent weeks, MOVE bucked the trend to hit an all-time low of $0.37.
Last week's broader market downturn sent many altcoins tumbling, and Movement's native token MOVE was no exception. On Tuesday, the token plunged to an all-time low (ATL) as selling pressure intensified.
After a brief pullback, the crypto markets gain back momentum as the selling pressure over the tokens reduces. While the top altcoins like ETH, SOL, LTC, etc.
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.
The crypto market experienced a sharp decline over the last 24 hours, with Bitcoin dipping below $87,000 at its lowest point. While some altcoins managed to hold steady, others faced significant drawdowns, reaching new all-time lows and extending investor losses.
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.
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.
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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).