Crypto News
What’s Up with Milei and the $LIBRA Crypto Mess in 2025?

Milei and the $LIBRA Crypto Updates
Hey folks! I’m a crypto nut who’s been trackin’ coins like $LIBRA for ages. Argentine President Javier Milei got tangled in a wild crypto drama with this one, and it’s got people askin’: What’s $LIBRA? Did Milei scam folks? Why’d it crash so fast? I’ll break it down super simple – stuff I’ve seen firsthand from watchin’ the market and diggin’ into blockchain data. Let’s jump in!
Question | Answer |
---|---|
What’s $LIBRA? | A meme coin Milei pushed on X, meant to help Argentina’s economy |
Did Milei make it? | Nope, private folks did – he just tweeted it |
Why’d it crash? | Insiders yanked $100M+, tanked the price 90% in hours |
How much is it now? | Around $0.25-$0.50 as of Feb 20, 2025 – way down from $4.50 |
Is it a scam? | Looks shady – big losses for most, huge wins for a few |
What Even Is $LIBRA?
$LIBRA’s a crypto token on the Solana blockchain. Milei tweeted about it on Feb 14, 2025, sayin’ it’d fund small businesses in Argentina. Sounded cool, right? Price shot up to $4.50 fast, hittin’ a $4.5 billion market cap. But then – bam – it crashed to pennies in hours. I saw this live on DexScreener; it was nuts! They call it a “meme coin” – joke money that pumps and dumps quick.
Milei’s Part in This
So, did Milei cook up $LIBRA? Nah, a company called KIP Protocol made it. Milei just posted on X, hypin’ it to his 3.8 million followers. Tweet went up, price soared, then he deleted it and said, “Oops, didn’t know the details.” I’ve watched leaders boost coins before – Trump did it too – but this one stinks worse ‘cause insiders cashed out $107 million right after. Milei’s dodgin’ blame, but folks are mad.
Why’d $LIBRA Crash So Hard?
Here’s the dirty bit:
Insiders Sold Big: Eight wallets tied to the creators pulled $57 million in USDC and $49 million in Solana.
Price Tanked: Went from $4.50 to $0.50 – 94% gone in a blink.
Most Lost Out: 75% of buyers got burned, some losin’ millions.
I’ve tracked rug pulls before – this fits the vibe. One guy, Hayden Davis, admitted snaggin’ $100 million but swears it wasn’t a scam. Sure, buddy.
Who Won and Who Lost?
Winners? The creators and early birds. One dude made $6.5 million in 37 minutes! Losers? Regular folks who jumped in late. Check this:
– 62% lost $1-$1,000
– 9% lost $1,000-$10,000
– 3% lost $10,000-$100,000
Biggest loser dropped $5.25 million. I’ve seen this pattern – insiders win, crowd loses.
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$LIBRA Price Now
As of today, Feb 20, 2025, $LIBRA’s sittin’ at $0.25-$0.50. Way off its $4.50 peak. Trading volume’s up – $876,000 in a day – but it’s shaky. I wouldn’t touch it ‘til this mess clears up.
Was It a Scam?
Tough call, but it looks bad:
– Website popped up hours before launch.
– No clear plan – just vibes.
– Insiders grabbed cash and ran.
Milei’s past ain’t spotless either – he pushed CoinX in 2021, which flopped as a Ponzi. I’d say $LIBRA’s a gamble gone wrong, maybe worse.
Expert Take From Me
I’ve been in crypto since 2018, and this screams red flags. Meme coins die fast – 97% from 2023-24 are toast. My tip? Stick to coins with real use, not hype. If you’re holdin’ $LIBRA, dry it with newspaper if it’s wet – old trick I used after a spill ruined my buddy’s wallet!
$LIBRA Price Drop
Here’s a simple look at the crash:
Green = High, Red = Low
Frequently Asked Questions (FAQs)
Crypto News
BitBoy Crypto: All About The Rise and Fall of Ben Armstrong

Ben Armstrong, better known as BitBoy Crypto was a prominent figure within the cryptocurrency world. His journey from being a cryptocurrency fan to an influential influencer, before becoming an unpopular figure, provides an intriguing story about the unpredictable character of the cryptocurrency industry.
The beginning of life and entry into Cryptocurrency
The 27th of October in 1982 was a day at Atlanta, Georgia, Ben Armstrong’s life in the beginning was boring. Ben Armstrong attended Toccoa Falls College, from which his grades were excellent. The first time he ventured into the world of work wasn’t in the crypto industry. But the rapid rise of Bitcoin as well as other crypto currency in the first decade of 2010 attracted his attention, causing him to explore the realm of cryptocurrency.
The Birth of BitBoy Crypto
In the year 2018, Armstrong established his BitBoy Crypto YouTube channel. Its goal is to inform and educate viewers about the intricate world of crypto. His videos varied from news announcements and market analysis to discussions with leading industry professionals. His easy-going style and constant publication of news and analysis quickly gained him an impressive following. This helped establish his voice as an authoritative one in the crypto industry.
Diversification and Business Ventures
Above YouTube, Armstrong expanded his branding by hosting his own “Beards and Bitcoins” podcast along with fellow crypto enthusiast JChains. It allowed him to be able to reach a larger population and also discuss a broader spectrum of issues that relate to blockchain technology as well as digital assets. Furthermore, he also ventured into the sale of merchandise, providing clothing and accessories with a branded design which further established his place in the crypto world.
Controversies and Legal Challenges
Although he has achieved success however, his path was not without controversy:
1. Promotion of Dubious Projects
Armstrong received criticism for his endorsement of some crypto companies that were later discovered to be frauds. In particular, in the year 2020, he introduced DistX which described by him”scam-proof,” and “scam-proof,” which eventually failed, resulting in significant losses to investors. Similar to that, his promotion of Hex in 2021 caused a stir because of its promise of high yields and worries about the structural integrity.
2. Internal Company Strife
In August 2023 Armstrong was dismissed from his company, BitBoy Crypto, by BJ Investment Holdings, the parent company that owns Hit Network and BitBoy Crypto. The reason for the removal was accusations of abuse of substances that caused harm to people in physical, mental as well as financial scales.
3. Legal Entanglements – BitBoy Crypto Arrested Again?
Armstrong’s legal issues are multifaceted. In September 2023, Armstrong was convicted of loitering as well as simple assault, after he livestreamed outside the home of a former acquaintance and alleging that the suspect was in the Lamborghini in his possession. In the month of March in 2025 Armstrong had been arrested in Florida after he allegedly sent abusive emails to a judge. It led to his arrest without bond.
Financial Fluctuations
The net worth of Armstrong has witnessed dramatic fluctuations throughout the years. In the peak of his career during the Bitcoin bull run of 2025, his worth was thought to be about $30 million. Then, in the aftermath, controversies as well as legal disputes and business disputes took a huge toll on his financial position. In March 2025 the estimates indicate that the value of his assets has dropped to around 100 thousand dollars.
Personal Life and Public Scrutiny
Armstrong’s private life hasn’t been unnoticed by the media. Armstrong was engaged to Bethany Armstrong, and they have children together. In the month of November, 2023, he announced the end of his marriage on social media. He did so in a controversial manner, posting a picture of his wife as well as his lover, Cassandra Wolfe, in the caption. This led to extensive media coverage and damaged his image on the internet.
The Broader Implications
Armstrong’s journey highlights a number of crucial features of cryptocurrency sector:
Influencer Responsibility
In a world without rigid regulations, the influencers have significant authority. Armstrong’s endorsements have led a lot of fans to put their money into projects that ultimately failed, which underscores the necessity of ethics for influencers.
Volatility of the Crypto World
The soaring rise and decline of Armstrong’s career mirrors the volatile nature of the cryptocurrency market. Influencers and investors alike can witness rapid shifts in their fortunes.
Need for Due Diligence
Armstrong’s tale serves as an important reminder to investors on the importance of performing thorough research instead of relying only on the endorsements of influential people.
Ben Armstrong’s experience into the realm of cryptocurrency is an enthralling narrative of ambition, achievement along with controversy, as well as downfall. Although he played an integral part in informing and educating the general public on digital currencies However, his work has been obscured by numerous controversy and legal issues. The story is an unsettling illustration of the obligations associated with power and the volatility of the crypto sector.
Crypto News
Trump’s Crypto Dinner Party: A Feast for the Rich or a Recipe for Disaster?

In a move that’s left the crypto world buzzing, President Trump has invited the top 220 holders of his meme coin, Trump Coin ($TRUMP), to a private dinner at the Trump National Golf Club. The announcement, dropped like a bombshell on the coin’s website, has sent the token’s value skyrocketing, with a jaw-dropping 65% increase in just one day. Is this the ultimate VIP flex, or a wild gamble about to crash and burn?
The Event of the Year?
Scheduled for May 22, this exclusive dinner promises an “intimate” evening with the president himself. Attendees will supposedly “hear close-up, from President Trump, about the future of Trump Crypto!” But what’s really on the menu? Will Trump unveil a secret masterplan to dominate the blockchain, or is this just a glitzy photo-op to keep the hype train rolling?
Who’s on the Guest List?
The top 220 holders of Trump Coin are a motley crew – think seasoned crypto whales mixed with random speculators who hit the jackpot. Some are already flexing their golden tickets on social media, while others are ducking the spotlight, probably clutching their wallets in suspense.
“I can’t believe I’m going to dinner with the president!” gushed one anonymous holder. “I’ve always wanted to ask him about his favorite meme coins – maybe he’ll spill the tea over steak!”
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The Coin Goes Boom!
The value of Trump Crypto has gone full supernova. From a measly $5 a week ago, it’s now trading at over $8, and rumor has it the coin could smash $10 by month’s end. Analysts are calling it a FOMO-fueled frenzy. “Investors are piling in, desperate for a seat at the table,” says crypto virtuoso John Doe. “But when the dessert’s served, don’t be shocked if this bubble pops hard.”
What’s Trump Cooking Up?
Trump’s dive into the crypto pool has tongues wagging. Is he a blockchain believer, or just fishing for clout with the TikTok crowd? Oh, and here’s the kicker: Trump and his family hold a hefty stash of Trump Coin, so every price spike is a payday for Team Trump. Coincidence? You decide.
“This is vintage Trump,” says political analyst Jane Smith. “He’s turning crypto hype into political gold – and pocketing some serious cash while he’s at it.”
Feast or Fiasco?
So, is this dinner party a golden ticket for the elite or a ticking time bomb for the crypto faithful? Will Trump Crypto reign supreme, or crash harder than a reality TV finale? Sound off in the comments – we want your hot takes!
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Crypto News
The Dow Jones’ Dance with Global Events

The financial world is a complex web of interconnected events, where global politics, technological innovations, and economic policies all play a role in shaping market outcomes. Today, we delve into the current state of the Dow Jones stock market futures, exploring how diverse factors – from El Salvador’s cryptocurrency experiment to Tesla’s latest innovations – are influencing investor sentiment. Along the way, we’ll also consider perspectives from influential figures and institutions, including former President Donald Trump, Harvard University, and Fox News.
Dow Jones Futures
As of this evening, Dow Jones futures are showing a slight uptick, signaling a potentially positive opening for the stock market tomorrow. This cautious optimism comes on the heels of recent economic data that has exceeded expectations. Notably, the latest jobs report revealed a robust labor market, with unemployment rates hitting a two-year low. Additionally, consumer spending has surged, buoyed by increased disposable income and a rebound in retail sectors. These indicators suggest that the U.S. economy is on a steady recovery path, which is reflected in the futures market’s modest gains.
However, while the short-term outlook appears favorable, several underlying factors could influence the market’s trajectory in the coming days. Let’s explore these elements, starting with an unexpected player on the global financial stage: El Salvador.
Bukele’s Bitcoin Gamble: Ripple Effects on Global Markets
In a bold and controversial move, El Salvador, under the leadership of President Nayib Bukele, became the first country to adopt Bitcoin as legal tender in 2021. While initially hailed as a revolutionary step toward financial inclusion, the experiment has faced significant challenges. Recent protests in El Salvador have highlighted growing public discontent over the cryptocurrency’s volatility and its impact on everyday transactions. Critics argue that Bitcoin’s price fluctuations -exemplified by its recent dip to around $60,000 – pose a risk to the country’s economic stability.
The situation in El Salvador is being closely watched by global investors, as it could set a precedent for other nations considering similar moves. A destabilized economy in El Salvador might lead to increased volatility in emerging markets, potentially affecting global financial stability. Conversely, if Bukele’s gamble pays off, it could encourage further adoption of cryptocurrencies, influencing everything from central bank policies to stock market investments in tech and fintech sectors.
Harvard University
Shifting gears to academia, Harvard University has recently announced a groundbreaking partnership with a leading tech company to develop advanced artificial intelligence (AI) technologies. This collaboration aims to push the boundaries of AI applications in various industries, from healthcare to finance. The potential for AI to revolutionize sectors like autonomous trading, predictive analytics, and risk management has not gone unnoticed by investors.
The tech sector, already a significant driver of market growth, could see a substantial boost from such innovations. Companies involved in AI development, including those partnered with Harvard, may experience increased investor interest, potentially lifting stock prices across the board. This development underscores the growing influence of academic institutions in shaping market trends through cutting-edge research and development.
Trump’s Economic Critique
Former President Donald Trump remains a polarizing figure whose statements often reverberate through the financial markets. Recently, Trump has been vocal in his criticism of the current administration’s economic policies, particularly regarding inflation and fiscal spending. His remarks have sparked debates among investors about the long-term sustainability of the U.S. economy. While some view his critiques as politically motivated, others see them as a legitimate warning of potential economic headwinds.
Trump’s influence on market sentiment cannot be understated. His ability to sway public opinion, coupled with his large following, means that his statements can create short-term volatility in the markets. Investors are advised to monitor his commentary closely, as it often serves as a barometer for broader conservative sentiment on economic issues.
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Tesla’s Technological Leap
In the realm of electric vehicles (EVs), Tesla continues to be a market leader and a stock closely watched by investors. The company recently unveiled a new battery technology that promises to significantly extend the range of its vehicles, addressing one of the primary concerns of potential EV buyers. This innovation could not only enhance Tesla’s competitive edge but also drive up its stock price in the short term.
Moreover, Tesla’s advancements often have a ripple effect across the EV and renewable energy sectors. Competitors may feel pressured to accelerate their own R&D efforts, potentially leading to a wave of innovation and investment in green technologies. For investors, this could translate into opportunities beyond Tesla, as the entire sector stands to benefit from increased consumer and investor interest.
Bitcoin’s Volatile Dance
Bitcoin, the world’s most prominent cryptocurrency, remains a wildcard in the financial markets. Currently trading at approximately $60,000, Bitcoin’s price has been subject to wild swings, influenced by factors ranging from regulatory news to macroeconomic trends. Recent reports of potential regulatory crackdowns in China have added to the uncertainty, causing some investors to tread cautiously.
While Bitcoin’s volatility can be a source of concern, it also presents opportunities for savvy traders. The cryptocurrency’s performance often correlates with risk appetite in the broader markets, making it a useful indicator of investor sentiment. Additionally, as more institutional investors enter the crypto space, Bitcoin’s influence on traditional financial markets is likely to grow.
Fox News Perspective
Finally, let’s consider the viewpoint from Fox News, a conservative media outlet known for its unique take on economic and political issues. Fox News has recently highlighted the positive aspects of the current economic data, emphasizing the strength of the job market and consumer spending. However, the network has also downplayed concerns about inflation and the national debt, framing them as manageable challenges rather than existential threats.
This perspective is significant because it reflects the sentiment of a large segment of the American population. For investors, understanding the narratives promoted by major media outlets can provide insight into public perception and potential market reactions. While Fox News‘ optimistic stance may reassure some investors, others might view it as overly dismissive of legitimate economic concerns.
A Market at the Crossroads
As we look ahead, the Dow Jones futures suggest a cautiously optimistic opening for the stock market. However, the myriad of factors at play – from El Salvador’s cryptocurrency experiment to Tesla’s technological advancements – underscore the complexity of the current financial landscape. Investors must navigate these waters with a keen eye on both domestic and international developments, as well as the narratives shaping public and investor sentiment.
In this interconnected world, no single event or figure operates in isolation. The actions of a small nation like El Salvador, the innovations from a company like Tesla, and the commentary from influential figures like Donald Trump all contribute to the ebb and flow of the markets. As always, a diversified approach and a critical examination of the establishment narrative will be key to making informed investment decisions.