Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?
On Friday, Bybit was allegedly hacked by the infamous state-backed hacker organization Lazarus Group, which looted roughly $1.5 billion in ether (ETH) from the major cryptocurrency exchange. The hack was the largest in crypto history and represented over 60% of all crypto funds pilfered in 2024.
Bitcoin and Ethereum weathered Bybit's $1.5B hack but face volatility ahead of Nvidia earnings and the PCE report. Key technical levels could determine the next major move.
The digital currency market has witnessed fear, uncertainty and doubt (FUD). This was followed the Bybit hack, which caused volatility in the cryptocurrency space.
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During the week of Feb. 17 to 21, bitcoin ETFs experienced a net outflow of $559 million, marking the second consecutive week of declines. In contrast, ether ETFs saw a modest net inflow of $1.6 million during the same period. Another Week of Significant Outflows for Bitcoin ETFs U.S.
A new week has started with the market's fall, according to CoinMarketCap.
Another crypto market crash is happening, with Bitcoin, Ethereum, Solana, and the Dogecoin price witnessing significant declines. This development comes amid the uncertainty in the market, which is sparking a bearish sentiment among investors.
Binance and Kraken wallets have issued multiple transactions for Ethereum (ETH) and Solana (SOL). The market operators may reflect the recent deleveraging of blue-chip assets.
The S&P 500 index crashed on Friday, and technicals point to further downtrend this week. It dropped by 104 points on Friday, its worst daily performance this year.
Binance, a prominent cryptocurrency exchange, has sold significant Ethereum (ETH) volumes in the past few hours. This development came after ByBit's CEO announced their exchange reserves had skyrocketed to pre-hack levels.
Ethereum (CRYPTO: ETH) has seen a 19% decline over the past month, but traders are positioning for a potential rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $2,683.09 $323.5 billion -4.4% -3.1% Bitcoin (CRYPTO: BTC) $95,838.47 $1.9 trillion -0.1% -0.5% XRP (CRYPTO: XRP) $2.47 $143.8 billion -3% -7.5% Trader Notes: Historically, ETH experiences a sharp wick within two weeks of a Bank of Japan (BoJ) rate hike, according to analyst Benjamin Cowen in a podcast published on Monday.
The crypto market remained relatively muted over the weekend as markets steadied themselves after the Bybit hack. Bitcoin (BTC) hovered around $96,000 after falling from a peak of $99,411 to $95,063 before marginally recovering and moving to its current level.
Bybit has already filled the $1.4 billion gap in its Ethereum ETH holdings following a hack that led to massive withdrawals.
BitMEX co-founder Arthur Hayes has suggested that Ethereum roll back, essentially cancelling out stolen funds, in the aftermath of the Bybit hack. He reasons that Ethereum did a similar action back in 2016 when a hard fork was created to counteract a major security breach.
Bybit was hit with one of the biggest hacks in crypto history, losing $1.4 billion overnight. But instead of collapsing, it's fighting back at full speed.
Bybit CEO Ben Zhou shared a piece of exciting news with the community on Monday, February 24. The platform's founder said the exchange had fully covered its ETH reserves stolen during Friday's hack on the platform.
ByBit has recovered $1.5 billion in Ethereum (ETH) following a significant security breach. Hackers conducted unauthorized withdrawals of extensive ETH funds from the digital wallet.
In a surprising turn of events, cryptocurrency exchange Bybit purchased around 266,700 ETH worth $742 million in just 48 hours. Blockchain analytics company Lookonchain has kept an eye on this significant transaction following a disastrous $1.4 billion hack that sent shockwaves to the digital asset space.
Stablecoin bank Oxinfin hacker uses 49.5 million DAI to buy 17,696 ETH tokens.
Market intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto exchange was hacked to the tune of $1.4 billion.
The recent hack of Bybit has reignited the debate on a possible rollback of the Ethereum blockchain to recover the stolen funds.
On-chain data shows Binance has facilitated withdrawals for millions worth of ETH and SOL in the past 24 hours of trading, what could this mean? According to data from Arkham Intelligence, Binance's holdings has seen a surge in activity in
A storm of controversy has erupted within the Arbitrum decentralized autonomous organization (DAO) as its recently formed Growth Management Committee (GMC) pushes forward a proposal to invest 7,500 ETH from its treasury into decentralized finance (DeFi) protocols that are not native to the Arbitrum ecosystem.
Ethereum's Pectra upgrade launches on the Holesky testnet today, introducing new validator rewards, account abstraction and layer-2 scaling improvements.
The cryptocurrency market is facing another decline, with its total market cap dropping by 2%, wiping out $40 billion in the past 24 hours. This decline has kept major cryptocurrencies like Bitcoin and Ethereum struggling to gain momentum.
The price of Ethereum recorded an increase after the hack against Bybit, one of the main cryptocurrency exchanges.
Ethereum maintains its position above $2,750 amid increased whale accumulation and strong technical support, while analysts draw parallels to Bitcoin's historical bull cycle patterns.
Billionaire Mike Novogratz says world leaders should act to take down Lazarus, the notorious North Korean hacker group responsible for the recent Bybit hack, which is believed to be the biggest heist in human history.
Ethereum price is under great bearish pressure and finds it difficult to cross the $3,000 threshold. Despite several efforts, Bitcoin stays under main resistance, making many investors wonder whether a recovery is likely.
The colossal $1.5 billion hack of Bybit last week has set off fierce discussions across the crypto community, with some industry voices contending that Ethereum's design might have played a role.
The Bybit hack that saw over $1.4 billion siphoned last week had a major impact on the price of Ethereum (ETH). As the only digital currency involved in the attack, the price of Ethereum dropped as low as $2,619 in the past seven days as investors nursed sell-off fears.
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases.
Bybit approaches full recovery of its ETH reserves, securing funds through loans, OTC trades, and direct purchases after the recent hack.
After suffering a $1.4 billion hack, Bybit recovered $700 million worth of Ethereum within 48 hours through OTC deals and loans while implementing a bounty program to retrieve the remaining stolen funds.
Bybit's ETH reserves reach nearly 100% after the February 2025 hack.
Bybit CEO Ben Zhou confirmed that the exchange restored Ethereum (ETH) reserves following the recent $1.4 billion security breach. In a Feb. 24 post on X, Zhou announced that Bybit will soon release an updated proof-of-reserves report demonstrating that it now holds client assets 1:1.
Bybit exchange has purchased over 100K Ethereum units over the weekend, but the supply of Ether on CEXes has increased in the past few days amid notable fear of further capitulation.
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
The cryptocurrency market has experienced another downturn, with top cryptocurrencies Bitcoin and Ethereum facing challenges in sustaining their momentum. Currently, the Bitcoin (BTC) price is around the significant $95k mark while Ethereum (ETH) is struggling to surge past $2,800.
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.
Crypto exchange Bybit has initiated quick measures to recover from the hack over the past weekend gathering nearly $700 million worth of Ethereum in just 48 hours of the hack. The crypto exchange has gathered a total of 254,830 ETH in the form of OTC deals and loans sourced from multiple players.
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.
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.