Bybit's chief executive says the firm has now fully closed the Ethereum gap after hackers stole nearly $1.5 billion worth of ETH and Lido Staked Ether (stETH) from the crypto exchange last week. Bybit CEO Ben Zhou says the exchange has restored a 1:1 backing on all client assets after the record-setting hack.
Ethereum Foundation (EF) executive director Aya Miyaguchi will step down from her current role and transition into a new position as the foundation's president amid a revamp of its leadership structure. Miyaguchi announced the change in a Feb. 25 statement and said a new governance model is expected soon.
Ethereum Foundation (EF) executive director Aya Miyaguchi will step down from her current role and transition into a new position as the foundation's president amid a revamp of its leadership structure. Miyaguchi announced the change in a Feb. 25 statement and said a new governance model is expected soon.
An Ethereum whale is sitting on $58 million in unrealized profit after shorting ether at $3,220. ith Coinglass data showing cryptocurrency liquidations exceeding $1 billion amid a fresh market crash, many traders faced massive losses.
Bitcoin price dropped to $86,050, but investors' economic worries could also be reasons to generate longer-term demand for BTC.
Miyaguchi shared in a blog post that she will stay at the foundation and serve as its new president.
Ethereum (ETH) was enjoying a rollercoaster ride after bouncing back from its February 3 low of $2,125 and gearing up for a breakout until the recent disaster struck the market. Ether could be headed to recording its worst February performance ever if it remains under the $2,400 price level.
Investors appear to have panicked now that what was initially perceived as a pullback has evolved into a much more concerning retreat.
Aya Miyaguchi will transition from her role as Executive Director to President of the Ethereum Foundation, marking a leadership change within the organization.
What's next for altcoin season amid sluggish ETH price action and stubborn BTC dominance?
The gas-free feature is expected to launch next week.
Miyaguchi has drawn ire in part due a perceived lack of competitiveness and failure to steward Ethereum's scaling solutions.
The crypto asset management firm said it would "continue to invest in the team and in new solutions across beta, alpha, and onchain."
Concerns about a bear market are growing as Bitcoin ETF outflows ramp up dramatically alongside the ongoing volatility. Other hopes, like state-level Bitcoin Reserves, are failing, and it's difficult to find a clear bullish trend.
Aya Miyaguchi's presidency may enhance Ethereum Foundation's global influence and strengthen its decentralized ethos, fostering innovation. The post Aya Miyagotchi to become president of Ethereum Foundation appeared first on Crypto Briefing.
Bernstein analysts see a potential bitcoin entry point below $80,000, viewing the current price correction as temporary.
2025 has not started off the way many crypto investors expected it would. As soon as President Donald Trump was elected last year, the immediate expectation was that big things were coming for crypto.
Justin Sun said that Tron (TRX) is about to debut Gas Free feature for Tether's USDT transactions amid a surge in gas fees.
How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how Strategy made such massive gains.
While some traders remain hopeful for an altcoin rally, crypto chart analyst Ali Martinez warns that current market conditions don't favor it. What Happened: In a detailed post on X on Feb. 22, Martinez laid out a harsh reality—altcoin season isn't taking off.
Bitcoin's network difficulty remains high despite a sharp hash rate decline.
The significant liquidations highlight the crypto market's vulnerability to volatility and external shocks, impacting investor confidence and stability. The post Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours appeared first on Crypto Briefing.
Heightened bearish pressure continues to hinder Bitcoin, causing its price to drop as low as $89,000 Today after a recent attempt to recover the pivotal $100,000 mark. With the current decline in price, many investors are witnessing significant losses in their BTC investments, increasing the likelihood of a sell-off.
Bitcoin's apparent demand drop and market fear raise concerns about potential price declines ahead.
Nums, a sequential game built off of Starknet's technology, is the first layer-3 to settle on the network.
U.S. spot-listed bitcoin ETFs experienced the second-biggest outflows of the year on Monday, dropping $516 million, according to Coinglass data. CoinDesk's Christine Lee explains why outflows may continue on "Chart of the Day.
Bitcoin, the leading cryptocurrency, is expected to remain under bearish pressure by banking giant Standard Chartered.
Bitcoin spiraled below $88,000 Tuesday after U.S. President Donald Trump said Canada and Mexico import tariffs will go forward in March and state bitcoin reserve bills fail to win approval. Meanwhile, Strategy and "Asia's MicroStrategy" continue to buy bitcoin.
Japanese public-traded company Metaplanet, which emulates Strategy's Bitcoin treasury model, has bought the top — spending roughly $13 million on the biggest cryptocurrency just hours before its Tuesday's drop to a three-month low.
BTC price action leaves $109,000 far behind as selling pressure keeps the Bitcoin bears in control of the cryptocurrency market.
Michael Saylor's Strategy has expanded its Bitcoin holdings to 499,096 BTC with a $2 billion purchase, despite concerns over its financing model and declining stock performance.
It's a blood-red Tuesday across the crypto markets.
Bitcoin's price action has been shaky, but for top crypto trader DonAlt, it is nothing out of the ordinary. He pointed out that the range low test is done, and as long as Bitcoin (BTC) closes above that level, a bounce next week seems likely.
The crypto market faced notable withdrawals on Feb. 24, with bitcoin ETFs experiencing a net outflow of $516 million and ether ETFs shedding $78 million. Major funds, including Fidelity's FBTC and Blackrock's IBIT, led the downturn, reflecting a negative sentiment among investors.
A massive 8,022 BTC worth nearly $738.86 million has recently exited major crypto exchange Coinbase, sparking interest on the crypto market.According to the blockchain data tracker Whale Alert, "8,022 BTC worth $738,863,880 were transferred from Coinbase to unknown new wallet."
Tether CEO Paolo Ardoino accuses competitors of using "lawfare" to undermine USDT, highlighting its global reach and crucial role in providing financial access to underserved communities. The post Tether CEO Highlights USDT's Global Reach and Accuses Competitors of Lawfare appeared first on Cryptonews.
Tron's gas-free USDT transactions could boost blockchain adoption, reduce costs, and enhance its competitive edge in the stablecoin market. The post Justin Sun says USDT on Tron is going ‘gas-free' next week appeared first on Crypto Briefing.
The interest rate outlook has gotten appreciably softer over the past couple of weeks.
A forthcoming stablecoin bill markup would supposedly cut offshore access to U.S. Treasury Markets, raising questions about private interests and neutral lawmaking.
"Do not buy the dip yet. A move to the low 80s is on," Standard Chartered analyst Geoff Kendrick said of the latest sell-off.
Matt Hougan, chief investment officer at asset manager Bitwise, says the crypto market's current downturn marks the end of the meme coin boom.
Bitcoin (BTC) has been struggling lately, and it is getting tricky. With little to stop a major drop below $90,000, things could get messy quickly.
A blood-red day for the crypto market! What is the next step for savvy investors? Bitcoin ETFs saw over $500 million in daily net outflows, marking the fifth-largest since January 2024. Fidelity's FBTC led with $247 million leaving, followed by BlackRock's IBIT at $158.6 million and Grayscale's GBTC at $59.5 million.
Bybit's exploit, Trump's implementation of trade tariffs against Mexico and China, ETF outflows, and concerns about rising inflation have all fueled bitcoin's 13% dump since Friday.
Tether CEO Paolo Ardoino has voiced concerns that the company's rivals are leveraging legal and regulatory tactics to destabilize the stablecoin issuer. In a Feb. 25 post on X, Ardoino alleged that some stablecoin issuers in the US are using political lobbying and legislative efforts to target Tether's operations.
TL;DR Arthur Hayes, co-founder of BitMEX, predicts Bitcoin's price could drop to $70,000 due to hedge funds unwinding their positions in Bitcoin exchange-traded funds (ETFs). Hedge funds are pulling out of positions in Bitcoin ETFs such as the BlackRock iShares Bitcoin Trust, increasing selling pressure on Bitcoin.
Amid the ongoing volatility of digital currency prices, Ki Young Ju, the CEO of CryptoQuant, has shared new insights into the market. Young Ju strongly believes that the broader crypto market remains in a bullish cycle despite price drops and "extreme fear.
Owner James Howells strongly rejected the firm's claims amid his ongoing legal attempts to access the site or buy the landfill outright.