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.
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.
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.
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.
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.
OpenSea CEO Devin Finzer said late Friday that the SEC is ending its investigation, as the regulator shifts course under President Trump.
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.
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.
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.
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.
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.
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 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.
A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T.
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.
United States President Donald Trump's latest appointment, a close ally, has officially been confirmed as the new FBI Director. The confirmation of Kash Patel comes with significant controversy, not just for his past criticisms of the agency but also for his personal investments in Bitcoin and cryptocurrency-related stocks.
Bitcoin needs a new wave of stablecoin liquidity expansion to rally again, or it could fall to the $86,000 support level.
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 2024, Bitcoin (BTC -2.22%) soared past the $100,000 mark for the first time in its history. But that may just be a stepping stone to its ultimate destination: the $1 million price level.
A potential reversal may be on the cards, despite many traders losing some hope.
Bitcoin (BTC) price suffered a brief setback on Friday due to the ByBit hack. This sudden setback, coupled with the S&P 500's worst day in 2025 and options data, suggests that BTC price could be at risk of another crash.
Bitcoin struggles above $96,000 as BlackRock's Bitcoin ETF dominates the market with 50.4% share. Institutional inflows support bullish momentum. The post BlackRock Bitcoin ETF Surpasses 50% Market Share Despite Sell-off: Will This Send the Price Soaring? appeared first on Cryptonews.
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship crypto asset hovers below the $100,000 price.
The metric dumped from over $3.4 trillion to under $3.3 trillion after the hack againt Bybit.
Bitcoin's holders aren't quite in sync over what they are expecting from the crypto's price next.
Bitcoin is struggling with low trading activity and weak momentum, leading to subdued price action near the 100-day moving average. However, a strong bullish rebound remains possible, contingent on a return of sufficient liquidity to the market.
Bitcoin could be eyeing a recovery above $100k; here's what happened this week.