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news-imageFebruary 21, 2025

Bitcoin, Ethereum, XRP, Dogecoin See Friday Blues After Massive $1.4 Billion Bybit Hack

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%.
Publisher: Benzinga
Sentiment: Negative
BTC
DOGE

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Positive
cover-imageCoinPedia
February 22, 2025

XRP News: Ripple CEO Reacts to SEC's Decision to Dismiss Coinbase Case

In an X post published yesterday, Coinbase CEO Brian Armstrong claimed that his company had reached an agreement with the US Securities and Exchange Commission to drop the regulator's legal action against the exchange. Armstrong's post has created excitement in the crypto community. Ripple CEO Brad Garlinghouse has responded enthusiastically to the post.

Positive
cover-imageBitcoinist
February 22, 2025

Utah's Bitcoin Reserve Bill Passes Senate – Only One Vote Left

The race to establish Bitcoin as a state-level strategic reserve asset has taken a decisive step forward in the Beehive State. On February 20, House Bill 230 (HB230), also known as the “Blockchain and Digital Innovation Amendments,” passed the Senate Revenue and Taxation Committee in a 4-2-1 vote.

Negative
cover-imageThe Currency Analytics
February 22, 2025

XRP Price Prediction: Key Scenarios for February 22

Ripple's XRP has been facing a challenging period, trading slightly below the $2.60 mark, showing a drop of over two percent. In fact, the cryptocurrency has erased all the gains from the past week and is down more than 8% at the time of writing.

Positive
cover-imageNewsBTC
February 22, 2025

Bitcoin's Grip Tightens — CZ Says There's ‘No Escape' From Crypto

A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump's proposed Strategic Bitcoin Reserve.

Positive
cover-imageThe Motley Fool
February 22, 2025

Best Buy in 2025: XRP (Ripple), Dogecoin, or Bitcoin?

The total value of all cryptocurrencies in circulation hit a new record high of $3.9 trillion in December, led by surging gains in some of the industry's most popular coins and tokens, like XRP (XRP -3.93%), Dogecoin (DOGE -4.51%), and Bitcoin (BTC -2.11%).

Negative
cover-imageCoinPedia
February 22, 2025

Here's How the Bybit Hacker Stole $1.5B Worth Ethereum?

The recent Bybit hack of $1.5 billion has raised serious security concerns, with reports confirming the attackers used a highly sophisticated method to drain millions in crypto assets. Crypto analyst David Leung has provided a detailed breakdown of how the attack unfolded, revealing major lapses in Bybit's security.

Negative
cover-imageCoinPedia
February 22, 2025

Bitcoin Whales' Profits Plummet! Is the Bull Run Losing Steam?

At the start of this month, the price of Bitcoin was around $102,398.17. Since then, the market has experienced a decline of 5.77%. In the previous month, the market witnessed a surge of at least 9.54%. Unsurprisingly, a report suggests that large BTC holders have seen lower realised profits this month compared to January.

Negative
cover-imageCoinPedia
February 22, 2025

Crypto News Today (Feb 22nd, 2025): Bybit Exploitation Sends Shock Waves to Bitcoin & Ethereum

The cryptocurrency market experienced a downturn following a major security breach at Bybit, where hackers managed to drain $1.4 billion in Ethereum. This has rattled investor confidence, leading to a wave of liquidations worth $566.64 million, per Coinglass data. As a result, the market cap of the business is down 1.86% to $3.17 Trillion.

Positive
cover-imageTokenpost
February 22, 2025

Bitcoin ETFs Surpass $750 Billion in Trading Volume Amid Market Shifts

The U.S. spot Bitcoin exchange-traded funds (ETFs) have exceeded $750 billion in cumulative trading volume since launching in January 2024, according to The Block. The rapid surge in volume was initially driven by Bitcoins record high of nearly $74,000, with ETFs reaching $100 billion in March and $200 billion by April.

Neutral
cover-imageTokenpost
February 22, 2025

Bitcoin Consolidates Near $98K as Market Awaits Breakout

Bitcoin, the largest cryptocurrency, remains in a consolidation phase, trading between $93,000 and $98,000. Despite attempts to surpass its all-time high of $109,114 set on Jan. 20, 2025, Bitcoin has struggled to maintain bullish momentum, stalling below $105,000 in late January.

Positive
cover-imageTokenpost
February 22, 2025

Altvest Capital Becomes First African Firm to Hold Bitcoin in Treasury

Altvest Capital (ALV) has made history as the first publicly listed company in Africa to adopt bitcoin (BTC) as a strategic treasury asset. The Johannesburg-based investment firm announced its purchase of just over 1 BTC for 1.8 million rand ($98,200), following the lead of MicroStrategy (MSTR) in the U.S. and Metaplanet (3350) in Japan.

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