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news-imageFebruary 26, 2023

CNF Brief: 5 Biggest stories of the week – Ethereum, Shiba Inu, Gary Gensler, Hashflow Token, and Bitcoin

As Ethereum confirms a major upgrade expected later in the year, Gary Gensler has hinted that ETH could be a security.
Publisher: CryptoNewsFlash
Sentiment: Neutral
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cover-imageThe Currency Analytics
February 23, 2025

Ethereum Faces Pressure as ‘Strong' Sellers Limit Upside Potential

Ethereum (ETH) has faced a turbulent period in recent weeks, with its price showing some signs of consolidation around the $2.6k mark in February. While this has raised hopes of a recovery, on-chain metrics indicate that strong selling pressure could limit Ethereum's potential upside, and there may even be a deeper drop on the horizon.

Neutral
cover-imageBitcoinist
February 23, 2025

Bitcoin Realized Volatility Near Historic Lows — What This Means For Price

The price of Bitcoin looked set to reclaim $100,000 on Friday, rallying on the back of the United States Securities and Exchange Commission's (SEC) decision to drop the lawsuit against crypto exchange Coinbase. However, the premier cryptocurrency failed to capitalize on this momentum shift following the $1.4 billion exploit of the ByBit exchange.

Neutral
cover-imageThe Currency Analytics
February 23, 2025

Bitcoin's Realized Volatility Hits 4-Year Low

Bitcoin's (BTC) volatility has recently dropped to one of its lowest points in years, with its one-week realized volatility now sitting at 23.42%. This level is approaching historical lows and has only been breached a few times in the past four years.

Positive
cover-imageBitcoin
February 23, 2025

South African Firm Altvest Capital Adds Bitcoin to Treasury

A South African investment firm, has invested in bitcoin as a treasury strategy, aiming to bolster financial resilience and shareholder value. Altvest Capital to Invest Only in Bitcoin A South African alternative investment firm, Altvest Capital Ltd., announced its first investment in bitcoin (BTC) as part of a strategic treasury management initiative.

Neutral
cover-imageThe Currency Analytics
February 23, 2025

Ethereum Whales Accumulate 140K ETH Amid Bybit Hack

Ethereum's (ETH) market has been rocked by a major hack on the Bybit exchange, which saw over 405,000 ETH, valued at roughly $1.1 billion, stolen from the platform. Despite the market jitters caused by this breach, Ethereum whales—large holders of ETH—have been aggressively accumulating the cryptocurrency, purchasing an astounding 140,000 ETH in just a single day.

Positive
cover-imageThe Currency Analytics
February 22, 2025

Ethereum's Market Shift: Signs Pointing to a Potential Price Surge

Ethereum (ETH) appears to be positioning itself for a significant market move, but the question remains: In which direction will it go? Recent market developments, including major shifts in Ethereum's exchange netflows and changes in its Futures Open Interest, have raised discussions about the token's potential for recovery.

Positive
cover-imageBitcoinist
February 22, 2025

Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In

VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States' rising national debt. The study, based on Senator Cynthia Lummis' proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country's debt by 2049.

Positive
cover-imageBitcoin
February 22, 2025

NFT Market Revives: 11.6% Weekly Leap as Ethereum Outpaces Rivals

The non-fungible token (NFT) market exhibited a noticeable resurgence in transactional activity from Feb. 15 to 22, with digital collectible purchases climbing 11.60% above the preceding week's totals. NFTs Rebound: 64% Buyer Spike and 49% Seller Expansion Figures from cryptoslam.io indicate $148.18 million in NFT exchanges during this period, alongside a 64.

Negative
cover-imageNewsBTC
February 22, 2025

Bitcoin Bearish Case Emerges – Is A Dump To $73,000 Coming?

A new technical analysis on TradingView suggests Bitcoin may be approaching a decisive moment, with a possible breakdown below key support levels. This analysis comes amidst a weakening buying pressure in Bitcoin, which opens up the possibility of a break below a strong support level.

Positive
cover-imageCoinPedia
February 22, 2025

Shiba Inu (SHIB) Price Prediction for February 23

Shiba Inu (SHIB) the top meme coin is showing strong bullish potential with a confirmed double-bottom pattern and rising open interest. Shiba Inu (SHIB) Price Prediction for February 23 After a notable price drop following Bybit's $1.4 billion crypto heist, the overall cryptocurrency market appears to be recovering.

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