The Ethereum price dropped from $2,840 to $2,620 after the Bybit hack. However, the crypto exchange appears stable and is gradually recovering from the shock.
If you're looking to allocate $1,000 to a cryptocurrency, there's no reason to throw your money away. That means you'll need to exercise just a bit of restraint and place your funds in an investment that's more likely to gain in value over the long term than to be a flash in the pan.
The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.
Arthur Heyes suggests rolling back the Ethereum network to reverse the Bybit hack. Community opposes the idea as it could impact the entire Ethereum ecosystem and its interlinked systems.
Ethereum emerged top of the real-world assets table as the total value of assets under management grew by 10% in the past 30 days to $4.1B. Ethereum's RWA market share also went up 3.39% to 54.5% as the number of RWA holders in the ecosystem increased 3.05% to 62.28K.
In a recent response on X, Ripple CTO David Schwartz explains the concept of a warm wallet, a type of cryptocurrency wallet. Warm wallets are a lesser-known idea in the crypto space, where discussions typically revolve around cold and hot wallets.
Bitcoin price held steady above $95,550 even as popular American stock indices and exchange-traded funds dived. Bitcoin (BTC) was trading above $96,550 at last check Saturday morning, a day after U.S. equities had their worst day this year.
Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion, moving within an intraday range of $94,805 to $99,262 as technical indicators suggest consolidation with a bearish bias.
Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's exchange hack.
XRP has registered bearish numbers in the last 24 hours of trading in the cryptocurrency market. XRP's future open interest dropped by 9.72%, with investors committing 1.47 billion XRP to the futures market.
Bitcoin faces bearish trends with declining metrics, raising questions about its near-term outlook.
The Bitcoin market continued to struggle in February marked by a high level of investor uncertainty. Over the last trading week, BTC declined by 2.24%, bringing its total value loss over the past 30 days to around 8.59%.
When the cryptocurrency sector starts to drop, it's often a challenge to hold on to your investments. Still, if you can summon the courage to make a timely purchase of a quality asset like XRP (XRP -3.32%) or Bitcoin (BTC -1.60%), the upside can be quite substantial, especially when you commit to not selling anything for a handful of years afterward.
Ripple XRP awaits SEC decision as Coinbase case drops, signaling potential relief for crypto.
Bitcoin (BTC) experienced a moderate price drop of 5.77% in February following a significant surge in January. Despite this retreat, Bitcoin's market has largely held steady above the $90,000 mark, signaling that larger investors or “whales” are taking a more controlled approach in their strategies.
The crypto sector was jubilant on Friday when Coinbase announced that U.S. securities regulators were about to dismiss a legal lawsuit against the crypto exchange.
OpenSea CEO Devin Finzer said late Friday that the SEC is ending its investigation, as the regulator shifts course under President Trump.
XRP presently hovers at $2.58 per token, boasting a $149 billion market valuation and $4.66 billion in daily trading activity. Over the past 24 hours, its value has oscillated between $2.52 and $2.69, lingering 24.1% beneath its historic peak as market participants navigate a phase of technical ambivalence and sideways momentum.
Bitcoin (BTC) has been trading below $100,000 since February 5, facing continued resistance despite attempts at recovery. Recent indicators suggest that sellers have gained control, with BTC's Directional Movement Index (DMI) showing increased bearish pressure.
According to data provided by CryptoQuant, the total supply of Ripple's US dollar-pegged stablecoin RLUSD has now reached $120 million. This has been called a “huge milestone” given that RLUSD is a highly regulated stablecoin.
The Bybit hack has caused Ethereum price to drop and now trading around the $2.7K range. ETH's daily trading volume has surged by over 103%.
BlackRock's Bitcoin ETF now dominates the market with over 50% of assets under management, solidifying its leadership position among ETF issuers in the United States. This dynamic comes as Bitcoin ETFs experience three consecutive days of withdrawals, testing the resilience of BTC.
Ethereum's native token, Ether (ETH), has rallied over 12% since slumping to $2,460 on Feb. 3, following the crypto market's drawdown. While most altcoins have struggled to master meaningful recovery, ETH has received plaudits for its bullish outlook.
Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has recently criticized Ethereum following the significant security breach experienced by the cryptocurrency exchange Bybit.
Silk Road founder Ross Ulbricht, recently released from jail, spoke out in favor of jailed Bitcoin supporter Roger Ver, also known as Bitcoin Jesus.
Even if you're new to investing in crypto, you've doubtlessly heard a lot about both Bitcoin (BTC -2.82%) and Cardano, (ADA -5.86%) but likely for a very different set of reasons.
Strategy founder Michael Saylor has spoken in favor of the United States having a strategic Bitcoin reserve, suggesting that it should acquire 20% of the BTC network.
Ethereum drops 7% after Bybit hack, recovering to $2,735. Can ETH break above $2,795 resistance? Key support at $2,643. Rollback debate intensifies. The post Ethereum Faces 7% Drop After Bybit Hack: Can Recovery Hold? appeared first on Cryptonews.
Bitcoin has seen a recovery above $99,000 recently, but the trend taking place in the Open Interest could raise concerns about the surge's longevity.
Bitcoin has experienced a tiring price action in recent weeks, with the price struggling to set a clear short-term direction. Investors are beginning to feel impatient as BTC remains stuck in a tight range, showing no decisive breakout.
The market growth has not lasted long, and most of the coins are back to the green zone, according to CoinStats.
Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.
Ripple (XRP) price had a sluggish performance this week due to the choppy moves across the crypto market. Despite this performance, whales or large addresses holding a substantial amount of tokens continue to accumulate, which gives a bullish XRP price prediction where the price can make a 40% rally to $3.64.
Binance's BNB Chain blockchain is set to deploy a major update in mid-March 2025, called "Pascal", which will introduce native smart contract wallets. This technical evolution aims to enhance its compatibility with Ethereum and optimize transaction management.
The creator of DOG says the token's expansion to Solana is proof of Bitcoin's influence, not a sign that the network's fledgling meme coin ecosystem is failing.
Blockstream's CEO, Adam Back, believes Bitcoin is just starting to experience its current bull run, with strong adoption driving the surge in demand.
The crypto community is divided over calls for an Ethereum blockchain rollback following a massive security breach at Bybit.
The recent Bybit hack has sent shockwaves through the crypto world, with hackers making away with a whopping $1.4 billion worth of digital assets. While the attack caused panic, it also led to massive fund transfers, with large amounts of BTC, ETH, XRP, and USDT pouring into Bybit.
Adam Back, cypherpunk, Satoshi Nakamoto ally and Blockstream CEO, has taken to his X account to comment on the Bybit exchange exploit as hackers drained an enormous $1.4 billion of the second largest cryptocurrency Ethereum from the trading platform.
Hayes argued that it has already been done once in the past, so why not again?
Bybit, one of the leading cryptocurrency exchanges, has fallen victim to a massive hack, resulting in the theft of $1.46 billion worth of Ethereum and other ERC-20 tokens. This cyberattack, which targeted Bybit's cold wallet, has been linked to the notorious North Korean hacking group, Lazarus.
A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T.
This has been a strange year for the crypto market. Wasn't 2025 supposed to be the year that the world's top cryptocurrencies skyrocketed in value, fueled by all the pro-crypto optimism surrounding the Trump administration?
Ethereum is in the spotlight again, but not for good reasons. Hackers broke into Bybit's secure storage, known as a cold wallet, and stole over $1 billion worth of Ethereum tokens. More than 401,000 ETH, including staked tokens, were taken. Following the news, Ethereum dropped over 5% to $2,700 in the last 24 hours.
In the ever-volatile world of cryptocurrency, performance fluctuations are common, and recent market trends have once again brought to light the stark contrast between two prominent digital assets: XRP and Ethereum (ETH). A recent observation from crypto influencer Da Sheriff Crypto highlights the contrasting performances of these two tokens over the past year, showing XRP's substantial gains while Ethereum has faced a decline.
Bears have turned out to be more powerful than bulls at the beginning of the weekend, according to CoinMarketCap.
United States President Donald Trump's latest appointment, a close ally, has officially been confirmed as the new FBI Director. The confirmation of Kash Patel comes with significant controversy, not just for his past criticisms of the agency but also for his personal investments in Bitcoin and cryptocurrency-related stocks.