The market volatility was expected to increase as it heads towards the end of the monthly trade; however, the rise in the volatility has strengthened the bears. Bitcoin yet again slipped below $96,000 but the broader markets continued to remain stable as Ethereum demonstrated strength.

Adam Back, a cypherpunk and Blockstream CEO, has taken to his account on the X social media network to comment on the recent Bybit hack when the exchange lost a mind-blowing $1.4 billion worth of Ethereum.

The hacker who carried out the biggest heist in cryptocurrency history now holds more Ethereum (CRYPTO: ETH) than the blockchain's creator, Vitalik Buterin. What happened: North Korean state-backed Lazarus Group allegedly pilfered over $1.4 billion worth of ETH tokens after seizing control of the cold wallet of cryptocurrency exchange Bybit.

Bitcoin traders worry over a return to BTC price range lows as market inertia keeps bears in control into the monthly close.

Despite the meteoric rise of Bitcoin since its inception, a Wall Street mathematician insists that its journey is only just commencing.

Montana's Bitcoin reserve bill has failed to clear the House of Representatives after lawmakers voted against it during the latest floor session.

A closely followed analyst believes Bitcoin (BTC) remains in a strong uptrend despite the growing bearish sentiment on the flagship crypto asset. Pseudonymous analyst Cheds tells his 49,600 YouTube subscribers that he thinks Bitcoin's uptrend will remain intact as long as BTC respects its immediate support at $90,000. “It's an uptrend.

A significant portion of inflows into U.S. spot Bitcoin ETFs is driven by short-term trading strategies rather than long-term investments. The post Only 44% of Spot Bitcoin ETF Inflows Aim for the Long Haul: 10x Research appeared first on Cryptonews.

Ether's price is at a critical point following the Bybit exchange hack on Feb. 21, in which over $1.4 billion worth of liquid-staked Ether and other digital assets were stolen.

According to CertiK Alert, there have been some suspicious transfers of funds from unverified contracts on Ethereum.

XRP News: A renowned legal expert has caught the eyes of the crypto market participants with his recent comment on the ongoing XRP vs Bitcoin war. Notably, a flurry of market participants said the debate between the Ripple and BTC community heated up last week.

This week is packed with major economic events that could impact Bitcoin's price and overall market sentiment. With crucial data releases and several Federal Reserve speeches lined up, traders and investors should stay alert for possible market swings.

Crypto exchange Bybit has successfully restored its Ethereum (ETH) reserves. This marked a significant milestone in its recovery from one of the largest heists in crypto history.

Just a few days after the shocking Bybit hack, another suspicious fund movement has been detected in the cryptocurrency ecosystem. According to Certik Alert, no fewer than $49.5 million have been transferred from an unverified Ethereum contract. Last week, in the largest hacking event in the history of the crypto industry, approximately $1.

Hong Kong-based investment holding company HK Asia will buy more Bitcoin after securing board approval to expand its cryptocurrency holdings. According to a Feb.

Bybit, one of the world's largest cryptocurrency exchange, suffered a massive security breach, losing over $1.46 billion in what is now the biggest crypto theft in history. The attack primarily targeted Bybit's Ethereum multi-signature cold wallet, which was used for daily trading operations.

Ethereum prices have shown signs of recovering as Bybit buys back enough ETH to cover its losses.

U.S. spot Bitcoin exchange-traded funds have experienced their second consecutive week of over $500 million in outflows leading up to Feb. 21. According to data from SoSoValue, the 12 spot BTC ETFs recorded $559.

Crypto exchange Bybit, which lost over $1.4 billion in a suspected North Korean hacker attack, says it fully covered the loss within two days. Cryptocurrency exchange Bybit covered its $1.

Bybit has taken a bold step after suffering one of the biggest hacks in crypto history. Following the massive $1.4 billion security breach, the exchange has reportedly purchased $742 million of Ethereum (ETH) to recover from the attack. This has made the ETH price recover by 6% from last week's drop.

HK Asia Holdings Limited has expanded its Bitcoin holdings, purchasing approximately 7.88 BTC for $761,705 on Feb. 20. The post HK Asia Board Approves Bitcoin Investment, Acquires 7.88 BTC for $761,705 appeared first on Cryptonews.

Montana's House of Representatives rejected a bill that would have allowed Bitcoin to be a state reserve asset, due to concerns about taxpayer risk.

The cryptocurrency market has taken a slight dip, with the global market cap falling by 1.16% to $3.14 trillion. Despite the downturn, trading activity has surged, with a 13.33% increase in 24-hour volume, reaching $78.12 billion. The Fear & Greed Index has settled at 40, indicating a neutral sentiment among investors.

Arbitrum's hopes of reinvesting its Ethereum holdings in yield-generating opportunities has hit a hurdle.

Bybit plans to release an audited proof of reserves report to verify that it has restored its client assets on a one-to-one basis.

Yet another strategic Bitcoin reserve (SBR) bill has been submitted to the Georgia Senate.

Montana's Bitcoin reserve bill failed approval from the House on Feb. 22, with 41 – 59 votes, “largely due to fiscal conservative opposition.” The post Montana House Lawmakers Vote Against Bitcoin Reserve Bill appeared first on Cryptonews.

The crypto market kicked off the week on a bearish note, with Bitcoin (BTC) slipping back to the $95K level, dragging major altcoins lower. Ethereum (ETH), Solana (SOL), and XRP fell between 1% and 5%, while meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) also posted losses.

February 24, 2025 05:32:12 UTC Bybit Bounces Back: Fully Secured Client Funds with 400K+ ETH Bybit CEO Ben announced that the company has completely closed its ETH gap. A new audited Proof of Reserves report is on its way, confirming that client funds are now fully backed 1:1 using a merkle tree.

Gold and Bitcoin have long been compared as alternative assets, yet recent market trends have highlighted a stark divergence between the two. As gold approaches its all-time high of $3,000 per ounce, Bitcoin (BTC) struggles to maintain momentum, remaining stuck below the $100,000 mark for much of February 2025.

In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH—equivalent to nearly $1.26 billion—making them one of Ethereum's most formidable custodians.

A key demand zone has formed just below Bitcoin's current price due to significant buying interest in this particular zone. On-chain data from IntoTheBlock shows that 2.76 million addresses have accumulated 2.1 million BTC at this price, creating a strong support base.

Montana joins North Dakota, Wyoming, and Pennsylvania in halting proposals to include Bitcoin in state reserves.

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

Bybit CEO Ben Zhou announced the exchange has restored its Ethereum holdings after a $1.4B hack and will release a proof-of-reserves audit soon. The post Bybit CEO: ETH Gap Closed Post $1.4B Hack, Exchange to Publish POR Audit appeared first on Cryptonews.

Shares in HK Asia Holdings Limited nearly doubled after it bought its first Bitcoin a week ago, and now the investment firm just bought another 7 BTC.

Bybit exchange has reportedly purchased 266,700 ETH worth $742 million across two days, according to blockchain analytics firm Lookonchain. The transactions occurred in the days following Bybit's $1.4 billion hack, which has taken the industry by surprise.

Ethereum's Open Intents Framework has gained support from leading Layer 2s, including Arbitrum, Optimism, Scroll, and Polygon.

10x Research's Markus Thielen says the demand for Bitcoin as a long-term asset could be “significantly smaller than the media portrays.”

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Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible.

Bybit said on Sunday it froze $42.89 million of the hacked funds thanks to the efforts of multiple parties as the cryptocurrency exchange shores up its reserves after the shocking $1.4 billion exploit. What Happened: Bybit announced via X that it was successful in restricting hackers' ability to move the funds, a day after hackers stole over $1.4 billion worth of Ethereum (CRYPTO: ETH) and related tokens.

On February 22, the Montana House of Representatives voted 41-59 against a bill that would have made Bitcoin a state reserve asset. The proposed House Bill No.

Ethereum price failed to clear the $3,000 resistance zone. ETH is consolidating near $2,750 and might aim for a fresh increase.

Michael Saylor, co-founder of Strategy (formerly MicroStrategy), has recently fueled speculation regarding the company's next major Bitcoin acquisition. His cryptic post on social media has led the cryptocurrency community to believe that another large purchase is imminent.

Is Solana slowing down on its promise to be the Ethereum killer?

Bitcoin price failed to gain pace for a move above the $100,000 zone. BTC again declined and is currently consolidating near the $96,000 zone.