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news-imageFebruary 24, 2025

Binance, Kraken move large amounts of ETH and SOL in sales and position shifts

Binance and Kraken wallets have issued multiple transactions for Ethereum (ETH) and Solana (SOL). The market operators may reflect the recent deleveraging of blue-chip assets.
Publisher: Cryptopolitan
Sentiment: Neutral
ETH
SOL

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Negative
cover-imageCointribune
February 24, 2025

Ether to $3,000? A Crucial Test of Resistance Levels

The world of crypto is an arena where every major incident reshapes market dynamics. Indeed, the colossal hack of $1.4 billion suffered by Bybit, one of the largest centralized exchanges, raises an important question: Can Ether still surpass $3,000 despite this shock?

Negative
cover-imageCoinPedia
February 24, 2025

Why is Solana (SOL) Price Falling Today?

Amid market uncertainty, Solana (SOL), the world's fifth-largest cryptocurrency by market cap, appears bearish and is poised to continue its decline in the coming days. With this notable drop, SOL has experienced a significant 37% loss in the past 30 days.

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cover-imageBenzinga
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Ethereum Down 19% In A Month: Could Japan's Rate Hike Spark a Rally?

Ethereum (CRYPTO: ETH) has seen a 19% decline over the past month, but traders are positioning for a potential rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $2,683.09 $323.5 billion -4.4% -3.1% Bitcoin (CRYPTO: BTC) $95,838.47 $1.9 trillion -0.1% -0.5% XRP (CRYPTO: XRP) $2.47 $143.8 billion -3% -7.5% Trader Notes: Historically, ETH experiences a sharp wick within two weeks of a Bank of Japan (BoJ) rate hike, according to analyst Benjamin Cowen in a podcast published on Monday.

Negative
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February 24, 2025

Solana's Memecoin Mania Cools Off

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Negative
cover-imageZycrypto
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Ethereum Rollback Suggested After $1.5 Billion Bybit Hack

BitMEX co-founder Arthur Hayes has suggested that Ethereum roll back, essentially cancelling out stolen funds, in the aftermath of the Bybit hack. He reasons that Ethereum did a similar action back in 2016 when a hard fork was created to counteract a major security breach.

Neutral
cover-imageAltcoin Buzz
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Bybit Covers ETH Loss After $1.4B Hack

Bybit CEO Ben Zhou shared a piece of exciting news with the community on Monday, February 24. The platform's founder said the exchange had fully covered its ETH reserves stolen during Friday's hack on the platform.

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