Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.
Crypto trader Ali Martinez has made a bull case for Ethereum if it slumps below $2,500 following mixed signals. The digital asset market has seen weeks of low sentiment and plunging altcoin prices.
The crypto market has shown signs of recovery in the last 24 hours with a surge in institutional volume. Bitcoin and altcoins pulled decent gains after an extended period in the woods.
Bitcoin has experienced a quiet week, with price action stuck in a narrow range between $95K and $100K. Bulls have struggled to reclaim the $100K mark, while bears have failed to break the $95K support, leading to uncertainty about the next major move.
In 2024, BTC and niche tokens like SUPER outperformed, while ETH and ADA led the pack for unrealized losses, according to CoinLedger.
Financial markets are full of analogies and historical models that analysts scrutinize closely to anticipate trends. In the crypto universe, the history of Bitcoin often serves as a compass for understanding the evolution of other major assets.
XRP, the native cryptocurrency of the Ripple network, has faced significant price fluctuations recently. Over the past seven days, the digital asset has been moving sideways, reflecting market indecision.
XRP price has continued its bearish consolidation as Ripple community investors continue to weigh the impacts of the recent Bybit hack. Against some visible trends, XRP has maintained its price drawdown but has stayed above the $2.5 mark despite the massive selloff.
After a $1.4 billion Ethereum (ETH) heist on Bybit on February 21, 2025, the exchange began buying ETH, as reported by crypto intelligence firm Arkham.
ETH may be repositioning itself for a major market move. In which direction though?
Following the massive Bybit hack on Feb 21, 2025, in which hackers stole about $1.4 billion worth of ethereum (ETH) from the exchange's cold wallet, a contentious debate has emerged within the crypto community regarding whether to roll back the Ethereum blockchain to reverse the theft. Ethereum's 2025 Crisis: Reverse $1.
The Securities and Exchange Commission (SEC) is expected to rule on multiple applications for spot XRP exchange-traded funds (ETFs). If approved, this regulatory decision could mark a major shift in how investors access XRP, potentially driving a price surge.
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.
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.
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.
Ripple XRP awaits SEC decision as Coinbase case drops, signaling potential relief for crypto.
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.
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%.
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.
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.
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.
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.
This has been a strange year for the crypto market. Wasn't 2025 supposed to be the year that the world's top cryptocurrencies skyrocketed in value, fueled by all the pro-crypto optimism surrounding the Trump administration?
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.
Amidst the SEC's positive approach to XRP exchange-traded funds (ETFs), anxiety is building around the potential resolution of the Ripple lawsuit. Notably, the recent settlement of the Coinbase case has fueled community optimism about a potential dismissal of the XRP lawsuit.
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.
One of the two chatbots was a lot more specific and bullish on XRP's 2025 potential.
Billionaire investor Mike Novogratz has linked XRP's lasting presence in the digital currency market to its strong and dedicated community.
Recent developments in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) are raising expectations of a potential resolution. The XRP community has grown optimistic after the SEC's recent moves in similar cases, notably their decision to drop a lawsuit against Coinbase, signaling a possible shift in regulatory stance.
A potential reversal may be on the cards, despite many traders losing some hope.
The Ripple-associated cryptocurrency has seen a 54.05% spike in trading volume, reaching $5.76 billion, according to CoinMarketCap.
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Cryptocurrency prices fell in the early Saturday trading session, with major cryptocurrencies XRP, Dogecoin (DOGE), Shiba Inu (SHIB) and Cardano (ADA) all in red. Traders had reacted to an over $1.5 billion heist of the Bybit exchange, which analysts claim was the biggest crypto theft ever.