After a $1.4 billion Ethereum (ETH) heist on Bybit on February 21, 2025, the exchange began buying ETH, as reported by crypto intelligence firm Arkham.
ETH may be repositioning itself for a major market move. In which direction though?
The cryptocurrency market is no stranger to stories of missed opportunities. Dogecoin (DOGE), once dismissed as a meme coin, became a global sensation in 2021, surging to an all-time high of $0.73 and turning early investors into millionaires.
Following the massive Bybit hack on Feb 21, 2025, in which hackers stole about $1.4 billion worth of ethereum (ETH) from the exchange's cold wallet, a contentious debate has emerged within the crypto community regarding whether to roll back the Ethereum blockchain to reverse the theft. Ethereum's 2025 Crisis: Reverse $1.
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.
Dogecoin whales have executed a substantial transaction in the last two days, purchasing 110 million DOGE while the price of the meme coin declined. This systematic accumulation has attracted the interest of experts and traders, igniting discussions regarding a possible price reversal.
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.
Back in 2021, Dogecoin (DOGE) turned heads in the crypto market, surging from obscurity to jaw-dropping heights. Fueled by Elon Musk's tweets, including his April 2019 nod calling it “pretty cool” and a July 2020 meme hinting at its inevitable rise, DOGE skyrocketed.
A single transaction totaling 13,046,414 SHIB has recently caught the attention of the Shiba Inu community.
Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's exchange hack.
OpenSea CEO Devin Finzer said late Friday that the SEC is ending its investigation, as the regulator shifts course under President Trump.
Dogecoin (DOGE), one of the leading meme coins, has soared past $2 billion in trading volume in the last 24 hours. Data from CoinMarketCap shows Dogecoin's trading volume soared by 86.79% to hit $2.03 billion.
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.
Dogecoin price has been facing challenges in its recovery, with the market showing significant volatility after Bybit's $1.4 billion hack. More than $566 million was liquidated across the broader crypto market in the past day.
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%.
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.
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.
Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.
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.
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.
A crypto heist on major crypto exchange Bybit has propelled the hacker into the ranks of one of the world's largest Ethereum (ETH) holders.
In the last seven days, Shiba Inu (SHIB) has dropped in value by a significant 8.09%. The dog-themed meme coin has fallen more profound in the previous 30 days, declining by 22.81%.
The Dogecoin price is currently in what analysts have described as a “Boring phase.” While this term may suggest stagnation, historical trends indicate that it is not necessarily bad news, but a potential precursor to an explosive price rally.
A potential reversal may be on the cards, despite many traders losing some hope.
Cryptocurrency prices fell in the early Saturday trading session, with major cryptocurrencies XRP, Dogecoin (DOGE), Shiba Inu (SHIB) and Cardano (ADA) all in red. Traders had reacted to an over $1.5 billion heist of the Bybit exchange, which analysts claim was the biggest crypto theft ever.
Cryptocurrency analyst and trader Ali Martinez has shared a chart provided by the on-chain data aggregator Santiment.
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.
The $1.4 billion Bybit hack has sparked chaos in the crypto community, triggering massive asset transfers to and from the exchange. In a surprising turn of events, billions of tokens, including Bitcoin and Ethereum, have been transferred to Bybit as a show of support.
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.
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.
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.
Shiba Inu price remains bullishly eyed by traders and investors despite the broader market volatility as its burning chronicles constantly kill supply. The latest burn metrics indicated that nearly 128 million SHIB was burnt over the past week.
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.
DOGE is currently down by over 30% on a monthly scale.