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news-imageFebruary 20, 2025

Crypto wrap February 20: BTC, ETH, and XRP climb as Story, Berachain lead gains

Cryptocurrencies traded slightly higher across the crypto market on February 20. As top coins Bitcoin, Ethereum and XRP flipped green, the total market cap rose 1.6% to $3.2 trillion. BTC dominance remained high, at 60.2% and ETH dominance stood at 10.
Publisher: Invezz
Sentiment: Positive
BTC
ETH

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Negative
cover-imageCryptoSlate
February 21, 2025

ByBit suffers $1.5 billion Ethereum heist in cold wallet breach

The crypto exchange ByBit has been hacked, and roughly $1.5 billion in Ethereum (ETH) has been stolen — making this one of the biggest hacks in history. On Feb. 21, the crypto trading platform stated on social media platform X that it detected unauthorized activity involving one of its Ethereum cold wallets.

Negative
cover-imageBenzinga
February 21, 2025

Bybit Founder Confirms $1.4 Billion Ethereum Hack, Blames 'Masked' Transaction

Bybit founder Ben Zhou has confirmed that the cryptocurrency exchange suffered a $1.4 billion Ethereum (CRYPTO: ETH) hack, making it one of the largest security breaches in recent history. The attack, which targeted Bybit's Ethereum cold wallet, resulted in the loss of 401,347 ETH ($1.12 billion), 90,376 stETH ($253 million), 15,000 cmETH ($44 million), and 8,000 mETH ($23 million), according to Onchain Lens.

Negative
cover-imageCoinPedia
February 21, 2025

Biggest Crypto Hack in History: Market Crashes After Bybit Faces $1.5 Billion ETH Hack

The crypto market experienced a significant downturn after Bybit, a prominent cryptocurrency exchange, announced a devastating hack involving $1.5 billion worth of cryptocurrencies. This incident marks the largest crypto hack to date. Recent updates, including statements from the CEO, confirm that Bybit was compromised, resulting in the loss of approximately $1.5 billion in Ethereum.

Positive
cover-imageBitcoin
February 21, 2025

Bitcoin Nears $100K as Trading Volume and Futures Interest Surge

BTC traded as high as $99,497.97 before retreating, but the dominant digital asset has been gradually edging towards the $100,000 barrier, with bears getting squeezed on shorts to the tune of $128.35 million. Bitcoin Nears $100K But Meets Resistance Bitcoin (BTC) is edging closer to the highly anticipated $100,000 milestone, trading at $99,207.

Positive
cover-imageCryptonews
February 21, 2025

Russia's Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report

A recent report shows Russia's Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia's power grid, as many mining operations remain unregistered. The post Russia's Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report appeared first on Cryptonews.

Negative
cover-imageCointribune
February 21, 2025

Bitcoin: Saylor Warns Against A Takeover By China

Michael Saylor proposes a bold vision: the United States should acquire 20% of the circulating bitcoins. In a speech at CPAC, he stated that such a strategy could not only strengthen the dollar but also help pay off the national debt.

Positive
cover-imageThe Daily Hodl
February 21, 2025

Investment Giant Franklin Templeton Launches Mixed Bitcoin and Ethereum Exchange-Traded Fund

The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firm's third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year.

Negative
cover-imageBenzinga
February 21, 2025

'Gary Cardone' Dumps XRP Position, Saying 'I Genuinely Hope The XRP Army Gets Stupid Rich, I Don't Think You Will'

Widely-followed pseudonymous investment influencer ‘Gary Cardone,' not to be mistaken for Grant Cardone , announced exiting his XRP (CRYPTO: XRP) position, citing six rules that influenced his decision. What Happened: The influencer shard a screenshot of selling 30,000 XRP holdings at $2.71 on Friday on X, justifying his decision with principles refined over 40 years in finance.

Positive
cover-imageCoingape
February 21, 2025

Here's XRP Price If Ripple Handled Nearly $9T Transactions Per Day

XRP price could rally to $8,550 if the Ripple network outpaces Visa and SWIFT to dominate the payments industry to process more than $8.55 trillion in daily transactions. While Ripple's blockchain capability can see it make waves in the payments sector, can the XRP price mirror this growth and reach $8,550?

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