Memecoins are evolving into retail investor traps, with insider trading and rug pulls raising regulatory concerns, industry observers told Cointelegraph.

XRP price is up 8% on March 1 as optimism about a possible dismissal of the Ripple case by the SEC and an oversold bounce boost hopes of a V-shaped recovery.

President Trump will host the first White House Crypto Summit on March 7, bringing together industry leaders to discuss regulations, stablecoins and Bitcoin reserve legislation.

A US judge tossed the SEC’s case against Hex founder Richard Heart, stating it couldn’t decide whether he defrauded investors of $12.1 million because the US lacked jurisdiction.

Crypto traders expect Bitcoin price to remain choppy in the short term as a new range must be established after this week’s double-digit drawdown.

FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said.

Is the Bitcoin bottom in, or is today’s price action simply an oversold bounce that will trap overleveraged bulls?

A group of analysts say various data points support an XRP rally to $18,000 per coin. Cointelegraph takes a closer look at the data.

US Senator Cynthia Lummis expects progress toward a Bitcoin reserve to be slower at the federal level.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Memecoins are evolving into retail investor traps, with insider trading and rug pulls raising regulatory concerns, industry observers told Cointelegraph.