This week in Crypto Rundown Weekly, we cover the most explosive stories shaking the crypto world! 🚀 Bitcoin’s price crash—dropping from $109,000 to a shocking $78,000—has left traders reeling. We break down the reasons behind this 21% drop, from Trump’s tariff policies to rising treasury yields.

Meanwhile, North Korea’s Lazarus Group has pulled off the biggest crypto heist in history, stealing a jaw-dropping $1.5 billion from Bybit. What does this mean for exchange security?

And in a historic first, President Donald Trump is hosting the White House Crypto Summit, bringing together top industry leaders to discuss regulation, stablecoins, and the future of digital assets.

Other major stories include Michael Saylor’s latest $1.99B Bitcoin buy, Argentina’s meme coin scandal, and increasing government scrutiny on crypto security.

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This week on Crypto Rundown Weekly, we cover the massive $1.19 billion Bybit hack, one of the biggest crypto heists ever. The attack has triggered heated discussions about an Ethereum rollback, with major industry figures weighing in. Should Ethereum reverse transactions to recover stolen funds, or would that undermine the core principles of decentralization?

Meanwhile, Binance is facing an $81.5 billion lawsuit from Nigeria, accused of tax evasion and destabilizing the local economy. This legal battle could set a precedent for how governments regulate crypto exchanges, particularly in developing markets.

In Argentina, President Javier Milei is under scrutiny for his alleged involvement in a meme coin scandal. The token, $LIBRA, skyrocketed after his endorsement, only to crash days later, leading to accusations of insider trading and investor manipulation. Could this push for stricter rules on public officials promoting crypto?

We also dive into MicroStrategy’s $2 billion bond raise as Michael Saylor continues to bet big on Bitcoin, Coinbase’s expansion into international derivatives, and Ethereum’s upcoming Dencun upgrade, which is expected to lower transaction fees and improve scalability.

Lastly, we explore the growing influence of crypto lobbying in U.S. politics, as industry leaders push for regulatory rollbacks and a potential government-backed digital asset reserve.

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Welcome to Crypto Rundown Weekly, your go-to source for the biggest crypto stories from February 9 to February 16, 2025!

In this episode, we dive into the top headlines shaking the crypto world:

🔥 Argentina’s President Faces Impeachment Over Crypto Endorsement – Javier Milei is under fire after endorsing $LIBRE, which saw a dramatic pump and crash, sparking allegations of market manipulation. Could this spell political and economic trouble for Argentina?

⚖️ SEC Pauses Legal Action Against Binance – A Washington D.C. judge has granted a 60-day pause in the SEC’s lawsuit against Binance, following the commission’s move to reassess its regulatory stance on crypto. Is the U.S. government shifting toward a more crypto-friendly approach?

💰 Bitcoin’s Price Dips Below $95,000 Amid Inflation Concerns – Bitcoin took a hit as U.S. inflation data exceeded expectations, raising doubts about potential Fed rate cuts. Will this volatility continue, or is a rebound coming?

🏦 Charles Schwab Names a New Digital Assets Head – The financial giant is making a major move into crypto, appointing Joe Vietri to oversee its growing interest in digital assets. Could Schwab introduce direct crypto trading soon?

📈 GameStop and MicroStrategy Stocks Surge After CEOs’ Meeting – A viral photo of Ryan Cohen and Michael Saylor meeting has sparked speculation about GameStop’s return to blockchain and Bitcoin investments. What does this mean for institutional adoption?

🚀 Biggest Crypto Events & Token Launches of the Week – From Analog ($ANLOG), Solayer (LAYER), WalletConnect (WCT), Lumia (LUMIA) and more, we break down the most notable token sales, mainnet launches, and project expansions happening right now.

💸 Crypto Scam Recovery: Connecticut Resident Gets $180K Back – Authorities successfully retrieved Bitcoin lost to a fraudulent investment platform. What lessons can we learn to stay safe from crypto scams?

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