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.
Ripple has been trading with minimal momentum, exhibiting quiet price action above the 100-day moving average. This low-volatility consolidation phase suggests a temporary market equilibrium, likely to persist until a decisive breakout sets the next trend direction.
The recent Bybit hack, which led to a loss of $1.4 billion, has raised serious concerns in the crypto space. The attackers managed to compromise Bybit's ETH cold wallet, transferring the stolen funds into one address before spreading them across multiple wallets.
North Korean hacking group Lazarus just started laundering 5,000 ETH from the Bybit $1.5 billion hack, kicking off their typical complex operation to clean the money.
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.
In a recent tweet, finance veteran Gary Cardone shared that he had sold his entire XRP position at $2.71, liquidating an $80K portfolio. With 40 years of experience in the finance world, Cardone explained the reasoning behind his decision, drawing from his time-tested investment principles.
Bitcoin and Ethereum may be holding steady on the price front, but that's not the whole story.
The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets.
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%).
Ethereum (ETH) is making waves again in the cryptocurrency market, as analysts predict the potential for a new all-time high (ATH) by 2025. This forecast is rooted in Ethereum's historical price cycles, its ongoing network growth, and rising on-chain activity.
The crypto market faced a huge shock when 401,346.76 ETH worth $1.5B was drained from ByBit's wallets on Friday. Ethereum (ETH) price dropped 8% on February 21 due to this security incident.
Bitcoin maximalist and JAN3 boss Samson Mow calls for the Ethereum chain to be rolled back after North Korean hackers have exploited the Bybit exchange, stealing a whopping $1.4 billion worth of Ethereum.
The year 2024 was not only a boom year for Solana, but it was also a bear year for Ethereum.
The crypto-market is rocking once again after one of the biggest hacks ever.
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.
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential rollback would hurt the Ethereum ecosystem.
North Korean hacker group Lazarus has been linked to the massive $1.5 billion Ethereum (ETH) heist on the Bybit exchange. As market jitters grow of a looming ETH sell-off when these hackers start cashing out, crypto traders are rushing to identify the best crypto to buy if Ethereum price experiences violent swings.
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.
Franklin Templeton has introduced the Franklin Crypto Index ETF (EZPZ) on the Cboe BZX Exchange, offering investors exposure to Bitcoin (BTC) and Ethereum (ETH). The ETF, weighted 82% BTC and 18% ETH, tracks market capitalization and may expand to include more cryptocurrencies pending regulatory approval.
Bybit, a leading cryptocurrency exchange, has fallen victim to one of the largest security breaches in digital asset history. Reports indicate that hackers stole approximately $1.46 billion in Ethereum (ETH) from Bybits hot wallets, sending shockwaves across the crypto industry.
JPMorgan (JPM) analysts report that the cryptocurrency market currently lacks positive catalysts, contributing to weak demand for Bitcoin (BTC) and Ethereum (ETH) futures. Both assets have seen their futures contracts nearing backwardation, where spot prices exceed futures prices, signaling lower investor confidence.
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.
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.
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.
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.
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.
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.
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.