Solana has been performing worse these days following increasing selling pressure. The recent hack worth $1.5 billion in the Bybit exchange has strengthened the resistance levels. The recent drop in price has been also triggered by low network activities.
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.
If you're looking to allocate $1,000 to a cryptocurrency, there's no reason to throw your money away. That means you'll need to exercise just a bit of restraint and place your funds in an investment that's more likely to gain in value over the long term than to be a flash in the pan.
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.
In a recent response on X, Ripple CTO David Schwartz explains the concept of a warm wallet, a type of cryptocurrency wallet. Warm wallets are a lesser-known idea in the crypto space, where discussions typically revolve around cold and hot wallets.
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.
Bitcoin price held steady above $95,550 even as popular American stock indices and exchange-traded funds dived. Bitcoin (BTC) was trading above $96,550 at last check Saturday morning, a day after U.S. equities had their worst day this year.
Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion, moving within an intraday range of $94,805 to $99,262 as technical indicators suggest consolidation with a bearish bias.
Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's exchange hack.
XRP has registered bearish numbers in the last 24 hours of trading in the cryptocurrency market. XRP's future open interest dropped by 9.72%, with investors committing 1.47 billion XRP to the futures market.
Bitcoin faces bearish trends with declining metrics, raising questions about its near-term outlook.
The Bitcoin market continued to struggle in February marked by a high level of investor uncertainty. Over the last trading week, BTC declined by 2.24%, bringing its total value loss over the past 30 days to around 8.59%.
When the cryptocurrency sector starts to drop, it's often a challenge to hold on to your investments. Still, if you can summon the courage to make a timely purchase of a quality asset like XRP (XRP -3.32%) or Bitcoin (BTC -1.60%), the upside can be quite substantial, especially when you commit to not selling anything for a handful of years afterward.
Ripple XRP awaits SEC decision as Coinbase case drops, signaling potential relief for crypto.
Bitcoin (BTC) experienced a moderate price drop of 5.77% in February following a significant surge in January. Despite this retreat, Bitcoin's market has largely held steady above the $90,000 mark, signaling that larger investors or “whales” are taking a more controlled approach in their strategies.
The crypto sector was jubilant on Friday when Coinbase announced that U.S. securities regulators were about to dismiss a legal lawsuit against the crypto exchange.
OpenSea CEO Devin Finzer said late Friday that the SEC is ending its investigation, as the regulator shifts course under President Trump.
XRP presently hovers at $2.58 per token, boasting a $149 billion market valuation and $4.66 billion in daily trading activity. Over the past 24 hours, its value has oscillated between $2.52 and $2.69, lingering 24.1% beneath its historic peak as market participants navigate a phase of technical ambivalence and sideways momentum.
Bitcoin (BTC) has been trading below $100,000 since February 5, facing continued resistance despite attempts at recovery. Recent indicators suggest that sellers have gained control, with BTC's Directional Movement Index (DMI) showing increased bearish pressure.
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%.
BlackRock's Bitcoin ETF now dominates the market with over 50% of assets under management, solidifying its leadership position among ETF issuers in the United States. This dynamic comes as Bitcoin ETFs experience three consecutive days of withdrawals, testing the resilience of BTC.
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.
Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has recently criticized Ethereum following the significant security breach experienced by the cryptocurrency exchange Bybit.
Silk Road founder Ross Ulbricht, recently released from jail, spoke out in favor of jailed Bitcoin supporter Roger Ver, also known as Bitcoin Jesus.
Even if you're new to investing in crypto, you've doubtlessly heard a lot about both Bitcoin (BTC -2.82%) and Cardano, (ADA -5.86%) but likely for a very different set of reasons.
Strategy founder Michael Saylor has spoken in favor of the United States having a strategic Bitcoin reserve, suggesting that it should acquire 20% of the BTC network.
Soon after the Solana price broke out and smashed a new ATH at $295, it was believed that the token may soon make it to $500 before the end of 2025. Meanwhile, the rise of the fallout of the memecoins on the Solana chain harmed the momentum of the SOL price rally.
With the price of Solana (SOL -3.48%) down by 36% in the last 30 days alone and the blockchain rocked by several high-profile scandals and outright scams, investors are wondering whether there's a juicy opportunity to buy the dip here -- or whether the digital coin's glory days are firmly in the past.
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.
Bitcoin has seen a recovery above $99,000 recently, but the trend taking place in the Open Interest could raise concerns about the surge's longevity.
Bitcoin has experienced a tiring price action in recent weeks, with the price struggling to set a clear short-term direction. Investors are beginning to feel impatient as BTC remains stuck in a tight range, showing no decisive breakout.
Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.
Ripple (XRP) price had a sluggish performance this week due to the choppy moves across the crypto market. Despite this performance, whales or large addresses holding a substantial amount of tokens continue to accumulate, which gives a bullish XRP price prediction where the price can make a 40% rally to $3.64.
Solana meme coins have suffered a harsh reversal this year, costing retail investors billions of dollars.
The creator of DOG says the token's expansion to Solana is proof of Bitcoin's influence, not a sign that the network's fledgling meme coin ecosystem is failing.
Blockstream's CEO, Adam Back, believes Bitcoin is just starting to experience its current bull run, with strong adoption driving the surge in demand.
The market is mostly falling today, according to CoinStats.
Solana (SOL -2.56%) and Cardano (ADA -4.02%) are two cryptocurrencies that are quite similar in terms of their capabilities, objectives, and target users, but they're quite different in terms of their merits as investments. Both were designed to beat the royalty of the cryptocurrency market, specifically Ethereum, but only one can really be said to have succeeded.
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.