Gary Cardone, a seasoned finance veteran with over 40 years of experience, has sold his entire XRP portfolio, liquidating an $80,000 position. In a tweet posted on February 21, 2025, Cardone shared the six key principles behind his decision to exit the asset, giving insight into the decision-making process that has guided his successful investment career.
The New York Stock Exchange (NYSE) has submitted a proposed rule change aimed at allowing the Grayscale Ethereum Trust (ETHE) and the Grayscale Ethereum Mini Trust (EZET) to stake their ETH holdings.
Ripple's XRP is currently down by more than two percent and is trading slightly below the $2.60 level. The coin has erased all the gains made in the last seven days and is down by more than 8%.
Analyst predictions and increasing network activity could mean something for ETH in 2025
Crypto market today (February 22): Bitcoin (BTC), Ethereum (ETH), and other altcoins reflect an alarmingly waning price action as the week comes to a close. Primarily against Bybit's recent $1.4 billion hack, over $566 million was liquidated across the broader market in the last 24 hours.
Crypto analyst Egrag Crypto (@egragcrypto) has outlined both short-term and long-term trajectories for XRP, pinpointing potential upside targets that range from $4–$6 in the near term to $33–$60 over the long haul. The shared chart focuses on historical resistance levels, Fibonacci extension points, and a multi-phase Parabolic Arc formation.
Bybit CEO Ben Zhou has confirmed that the $1.5 billion security breach on the exchange resulted in the loss of 70% of its Ethereum (ETH) holdings.
Earlier today, Bybit lost $1.5 billion in digital assets after one of its cold wallets got compromised. Following the incident, Bybit received over 350K customer withdrawal requests.
SEC drops Coinbase case, fueling speculation on Ripple appeal withdrawal. Meanwhile, a Bybit hack shakes the crypto market.
A cryptocurrency analyst has pointed out how the Tom Demark (TD) Sequential has just given a buy signal on the hourly XRP price chart. XRP Has Just Witnessed A Bullish Setup On TD Sequential In a new post on X, analyst Ali Martinez has discussed about a TD Sequential signal that XRP has seen recently.
Solana (SOL) Total Value Locked (TVL) recently hit $9.90 billion, the lowest level since November 2024, before recovering slightly to $10.3 billion. Despite this bounce, SOL's TVL remains down nearly 30% from January 18, reflecting ongoing concerns about its ecosystem.
Following the Bybit hack, sentiment across the crypto market has shifted completely toward a bearish phase, weakening assets. Amid this, XRP, the native token of Ripple Labs, has once again neared a crucial support level from the ascending trendline, which it has been testing since the beginning of February 2025.
Ethereum launches the Pectra Audit Competition on Cantina, focusing on enhancing blockchain security with key EIPs. The event runs from February 21 to March 24.
Franklin Templeton filed to create a Solana ETF with staking options today. Earlier this month, it filed for a Solana Trust, and today's proposal builds on that initial effort.
Once more Bitcoin is advancing toward $100,000, a significant psychological milestone. BTC has maintained bullish momentum following a period of consolidation, and it is presently testing resistance levels that may lead to a new all-time high.
The price of XRP lost its edge earlier when it failed to retain the $2.6 support level despite a positive update from the US Securities and Exchange Commission (SEC). Notably, the pro-crypto stance of the Mark Uyeda-led SEC has ignited a possibility of XRP benefitting uniquely.
Asset manager Franklin Templeton is seeking SEC approval for funds based on the performance of Solana, the sixth-largest coin by market cap.
Ethereum security researchers hackers deployed malware and then forced the multisig holders to "blind sign" a malicious transaction.
The Lazarus Group, a hacking organization linked to North Korea, has been identified as behind the recent $1.4 billion Ethereum theft from cryptocurrency exchange Bybit. This revelation was made after blockchain investigator ZachXBT provided strong evidence linking the attack to them.
Bybit has officially reported the $1.5 billion hack to authorities, launching an aggressive effort to track and block the 401,000 ETH stolen from its cold wallet. The exchange confirmed that law enforcement is involved, and forensic teams are working to demix hacker addresses to limit how the funds can be sold.
Ethereum has been gaining traction as it looks to reclaim the $3,000 mark after a period of consolidation. With Bitcoin bouncing back to the $98,000 mark, Ethereum has followed suit, rising to $2,755 with a 0.61% intraday recovery.
Ethereum's whale activity is battling institutions as price action replicates previous BTC pattern.
XRP price has been moving sideways over the past seven days, reflecting market indecision. Although it is still down almost 15% in the last 30 days, its Relative Strength Index (RSI) is currently neutral at 55.1, showing balanced momentum after recovering from near-oversold levels.
Cryptocurrency markets are trading lower on Friday after a $1.4 billion hack on Bybit dragged down the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,385.38 -3.1% Ethereum (CRYPTO: ETH) $2,634.96 -4.3% Solana (CRYPTO: SOL) $168.78 -3.5% XRP (CRYPTO: XRP) $2.52 -6.9% Dogecoin (CRYPTO: DOGE) $0.2400 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001494 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.3% and daily active addresses growing by 4%.
Investigator ZachXBT says the hack was pulled off by the North Korean Lazarus Group, connecting it on chain to the Phemex hack.
The transfer of ETH to Bybit highlights the importance of collaboration and trust among exchanges in maintaining stability after security breaches. The post Binance and Bitget transfer over 50K ETH to Bybit in sign of confidence appeared first on Crypto Briefing.
Franklin Templeton has joined the asset managers waiting in line for approval of a Solana spot exchange-traded fund (ETF). It filed an S-1 form with the United States Securities Exchange Commission (SEC) on Feb. 21.
Ethereum (ETH) price has recorded a 4% decline in the past 24 hours, trading below $2,650 at press time. The drop follows reports of a security breach at cryptocurrency exchange Bybit, which confirmed an unauthorized transfer of approximately 401,347 ETH, valued at $1.12 billion, from its cold wallet.
Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of Solana , reflecting the growing interest among asset managers to profit from the popularity of cryptocurrencies beyond bitcoin.
When it comes to crypto, value is determined by price, utility and users. Based on these metrics, is Solana or Ethereum winning the battle to be the best blockchain?
On-chain sleuthing linked Friday's $1.4 billion hack of crypto exchange Bybit to North Korea's Lazarus Group, Arkham Intelligence said.
Franklin Templeton is looking to include staking in its proposal to the U.S. SEC for a Solana exchange-traded fund.
After registering a trust in Delaware in preparation for a potential Solana (SOL) exchange-traded fund (ETF) in the United States last week, Franklin Templeton has formally filed an S-1 registration statement with the Securities and Exchange Commission (SEC). This move comes as part of the company's effort to launch a spot Solana ETF, following the
The Bybit Hack has shaken the market today, with over $1.46 billion in ETH stolen, marking one of the largest security breaches in history. As the stolen assets are being liquidated, Ethereum's price dropped by 5% in a straight line, impacting key technical indicators.
Ripple CEO Brad Garlinghouse has reacted to the SEC's surprising decision to drop the Coinbase case, claiming that the agency is now moving on "quickly" from the policies of the previous administration.
Today, Bybit experienced a massive hack from Lazarus Group that wiped out 400,000 ETH worth around $1.5 billion from its cold wallets today and shortly after said it was gonna get some loans to settle users.
Solana (SOL) has been making waves recently, experiencing a notable recovery in the broader cryptocurrency market. After a 4.24% price surge, the token surpassed the $175 mark, signaling a potential shift in momentum.
Following the Bybit hack, the team organized a livestream to deliberate on the recent billion-dollar hack that transpired on the exchange. Bybit's founder Ben Zhao clarified that the platform was undergoing “massive withdrawals” but emphasized, “It's not an issue—We have enough tokens to give to clients.
Ripple vs SEC lawsuit: The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) may take more time to resolve than the ongoing case involving Coinbase, legal experts suggest. With a ruling already in place and other procedural complexities, experts believe that Ripple's case faces a different set of challenges compared to
Financial markets do not only react to numbers but also to the feelings and expectations of investors. In the crypto universe, where volatility is the norm, every signal emitted by a major institution can influence trends.
Maissa Jebali faces charges of theft and fraud, and potential deportation after allegedly transferring the TRUMP tokens to her own wallet.
Bybit Co-Founder and CEO Ben Zhao said all client withdrawals will be processed, even if they are under review, following the firm's $1.4 billion hack Friday morning.
The CVM, Brazil's Securities and Exchange Commission, has approved the Hashdex Nasdaq XRP Index Fund for trading. The ETF, which is now in its pre-operational phase, highlights the openness of the Brazilian market to these options.
Top cryptocurrencies—including Bitcoin, Ethereum, and Dogecoin—have nosedived amid rough inflation data and Friday's Bybit exchange hack.
Cardone sold when XRP was worth $2.71.
Bybit, one of the world's largest cryptocurrency exchanges, fell victim to a massive security breach on February 21, 2025, resulting in the loss of more than $1.4 billion worth of digital assets.
On-chain data shows Bitcoin (CRYPTO: BTC) has maintained its strength comparatively to overall crypto market volatility as a major market move may be imminent. What Happened: In a post on X on Friday, analytics provider Glassnode showed meme coins experiencing sharp declines, with TRUMP (CRYPTO: TRUMP) dropping by 33.1% and Shiba Inu (CRYPTO: SHIBA) falling by 27.9%.
Bybit loses $1.4B in hacked wallet transfer, remains solvent despite the breach as Ethereum price drops 2%.