After a period of uncertainty, Bitcoin Cash (BCH) is showing strong signs of a bullish resurgence. A decisive bounce from a critical support level has reignited optimism among traders, suggesting that the bulls are back in control and opening the door for a potential sustained upside move.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

Former Australian Air Force pilot John-Paul Thorbjornsen, also known as JP Thor, has been promoting his new crypto wallet, Vultisig, which runs on THORChain a decentralized network he founded to enable cross-chain swaps without intermediaries. Marketed as more secure than other wallets, Vultisig has recently seen a spike in usage alongside THORChain.

Researchers say North Korea used THORChain to launder $1.2 billion following the biggest-ever crypto heist.

As the crypto market enters Q2 2025, both investors and traders are anticipating a shift from bearish to bullish momentum. This change is essential for altcoins to recover, as many are currently facing challenges in bouncing back.

THORChain encountered some difficulties in 2025, including announcing insolvency in January. The company made an announcement on X, revealing that it had temporarily paused its network due to significant debt and leverage problems affecting its ecosystem.

Bitcoin.com CEO Corbin Fraser revisits Bitcoin Cash's origin story, the divisions that followed, and how that led him and many others to EVM and DeFi. Big Blocks, Forks, and Internal Drama: The Origin Story of Bitcoin Cash Corbin Fraser, CEO of Bitcoin.

Aave (AAVE) was also among the underperformers, declining 1.9%.

With Bitcoin on the verge of a breakout (or rejection), the altcoins are starting to stir. The altcoin market cap could already have bottomed.

THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it's prepared to have regulators breathing down its neck.Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol's centralized tendencies. After exploiting Bybit for $1.4 billion, the North Korean state-backed hackers behind the attack, known as the Lazarus Group, flocked to THORChain, making it their top choice to convert stolen funds from Ether (ETH) to Bitcoin (BTC).

Here is how some of your favorite assets concluded the week.

While it may not be catching headlines this cycle, Bitcoin Cash (BCH) is catching tailwinds with its latest breakout move—and sights could be set much higher. The post Bitcoin Cash Breaks Out in 40% Surge – Is $1,000 the Next Target? appeared first on Cryptonews.

For DeFi traders seeking an alternative to congested, high-fee networks, BCH Bull offers a compelling proposition: a fast, cost-effective, and battle-tested trading platform that rewards users through unique premiums.

Bitcoin Cash (BCH) has experienced a remarkable 21% surge in recent trading sessions, drawing the attention of both traders and investors. At press time, the price of BCH stands at $387, inching closer to the critical $400 level.

This crypto bull market has not been particularly kind to the vast majority of altcoins. Unlike previous bull markets, the focus has been very much on Bitcoin, seemingly with only the merest sniff of an altcoins season, which has so far failed to arrive.

Bitcoin price continued its resilience as it rose for three straight days and moved above the resistance at $90,000. This recovery is happening as Donald Trump prepares to unveil the Strategic Bitcoin Reserve during the White House crypto summit.

Story Highlights The live price of the Bitcoin Cash token is BCH crypto price may reach a potential high of around $701 this year. Bitcoin Cash price, with a potential surge, may reach up to $2,679 by 2030.

Bitcoin Cash (BCH) has completely recovered from its recent market dip after soaring by about 47% over the past three days. BCH was trading at $392.8 at press time, marking a two-month high for the altcoin. Following the remarkable recovery, analysts are buzzing with excitement, drawing parallels to its explosive rally in late 2017.

Bitcoin Cash (BCH) has recorded a growth of 21%, leading analysts to question the sustainability of this trend.

Bitcoin Cash's price action reveals clues about what makes $414-$425 a good risk-reward area for short entries.

That loud and clear, collective sigh of relief you heard Wednesday was the sound of thousands of cryptocurrency investors, who were happy their assets generally moved in the right direction. Since Monday, the top names in the asset class had been sluggish at best; on Hump Day, many seemed to wake up.

Crypto prices were vibrant on Thursday morning as the market reacted to the positive tariff news from the United States, and as traders anticipated the upcoming crypto summit. Howard Lutnick, the Commerce Secretary, confirmed that Donald Trump will announce Strategic Crypto Reserves in that meeting.

Despite the broader cryptocurrency market remaining bearish, several assets are witnessing increased capital inflows in the short term.

Bitcoin Cash has traded higher in the past 24 hours, surging by more than 30% to lead top gainers among the largest coins by market capitalization.

Chainlink (LINK) was also a top performer, gaining 8.6% from Tuesday.

THORChain, a decentralized cross-chain swap protocol, witnessed an unprecedented surge in activity following the Bybit hack. According to DefiLlama, THORChain processed a record $4.66 billion in swaps in the week ending March 2, surpassing $1 billion in a single day.

Crypto prices pared back some of the losses made earlier on Tuesday as the Trump administration appeared to walk back some of its tariff threats. Bitcoin jumped to $87,000, while the valuation of all coins rose to $2.88 trillion. The crypto fear and greed index remained in the fear zone.

The Lazarus Group has already laundered all the unfrozen funds it stole from the recent Bybit hack. The group used THORChain's DEX to convert ETH tokens, sparking community criticisms.

The CEO of the recently hacked crypto exchange Bybit says that North Korean hackers have converted 417,348 stolen Ethereum (ETH) into Bitcoin (BTC). According to Bybit CEO Ben Zhou, North Korean state-sponsored hackers stole approximately $1.4 billion in ETH from Bybit, bridging a significant portion of the assets to Bitcoin.

THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit's stolen funds.

THORChain generated over $5 million in revenue as Bybit's $1.4 billion hacker used the protocol for moving funds, sparking controversy over its role in illicit crypto transfers.

North Korean hackers used THORChain to help launder $1.4 billion in stolen Bybit funds, driving the protocol's weekly volume to a record $4.6 billion.

Bybit CEO Ben Zhou has confirmed that $1.07 billion—roughly 77% of the assets stolen in the exchange's recent $1.4 billion security breach—can still be tracked. In a March 4 update, Zhou disclosed that hackers successfully laundered $280 million, around 20% of the 499,000 ETH stolen.

THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.

RUNE, the native token of the THORChain protocol, remains under significant bearish pressure following a 9.09% price decline in the last week. According to crypto analyst Ali Martinez, RUNE is likely far from a market recovery following a bearish flag pattern on its trading chart.

Bitcoin Cash (BCH), as a result of a Bitcoin fork, has maintained a strong presence in the cryptocurrency market. Known for its focus on faster transactions and lower fees, BCH aims to offer a decentralized digital currency with global utility.

A developer from THORChain, known as Pluto, has announced his departure from the decentralized liquidity protocol following a contentious decision involving North Korean-linked transactions. The controversy emerged after a vote by the network's validators to block these transactions was swiftly overturned, raising concerns about the platform's governance and resilience to regulatory challenges.

Thorchain is facing operational risks as developers look to quit over disagreements on handling sanctioned funds linked to North Korean hackers.

THORChain developer “Pluto” resigns over failure to block illicit transactions. The FBI urged exchanges and validators to prevent North Korean money laundering.

Thorchain is grappling with developer departures and mounting concerns over its role in laundering stolen crypto, particularly Ethereum from the Bybit hack, tied to North Korean hackers.

THORChain token is flashing a bearish signal, forming a bearish flag pattern that suggests further downside even as swap volume surges. THORChain (RUNE) was trading at $1.3050 on Friday, down 82% from its November peak.

Key Points

Supporters of the decentralized exchange Thorchain have pushed back against claims that the protocol is actively aiding North Korea-backed hackers attempting to cash out funds from the Bybit hack.

THORChain's native token has plummeted 20% in the past 24 hours, wiping off recent gains as the rest of the market also bleeds. The price of THORChain (RUNE) changed hands around $1.20, dipping sharply after hitting highs above $1.60.

According to Arkham, Lazarus-linked wallets have moved over $240 million in ETH through THORChain. They primarily swapped it for Bitcoin (BTC).

THORChain developer Pluto announces his departure after a vote to block North Korean hacker-linked transactions was reverted. A validator is also threatening to exit unless the protocol can stop the flow of hacker funds.

A core developer of THORChain has announced their resignation following the reversal of a vote to block transactions linked to North Korean hackers. The post THORChain Developer Resigns After Vote to Block North Korean Hackers Was Reverted appeared first on Cryptonews.