As the crypto market enters Q2 2025, both investors and traders are anticipating a shift from bearish to bullish momentum. This change is essential for altcoins to recover, as many are currently facing challenges in bouncing back.

Bitcoin and most cryptocurrency prices have crashed in the past few days as concerns about Donald Trump's Liberation Day tariffs rise. BTC crashed to $83,000 from this week's high of $89,000. This article explains why BTC and other altcoins like Pi Network, Jasmy, VeChain, and Quant (QNT) prices have crashed.

THORChain encountered some difficulties in 2025, including announcing insolvency in January. The company made an announcement on X, revealing that it had temporarily paused its network due to significant debt and leverage problems affecting its ecosystem.

The crypto market continued doing well on Thursday as demand from retail investors rose. Many of these investors are simply buying the dip after these coins crashed by double digits from their highest levels in November last year.

Here's how some of your favorite assets concluded the week.

The Jasmy price has moved into a bear market after crashing from last year's high of $0.0595 to $0.012, its lowest level since February last year.

Despite a recent recovery, the cryptocurrency market downtrend continues. In a situation where the market's volatility and unpredictability are high, smart crypto trading decisions are mandatory, especially to save oneself from losses.

Binance has announced the first batch of “Vote to Delist” tokens, adding top altcoins such as JasmyCoin (JASMY), Zcash (ZEC) and FTX Token (FTT). The exchange said these first tokens in the community co-governance initiative on listing and delisting have monitoring tags.

Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%.

Crypto prices will be in the spotlight this week as investors focus on the upcoming Federal Reserve interest rate decision and Donald Trump's tariffs. Hopes that the Fed will embrace a more dovish tone will be a bullish catalyst for these assets.

The cryptocurrency market remains on edge as Bitcoin (BTC) struggles within a tight range of $76,000 to $84,472, weighed down by trade tensions and economic uncertainty.

Bitcoin and most altcoins bounced back on Friday as investors bought the dip after a report showed that consumer confidence had slumped. Ripple (XRP) price jumped by 4%, while Chainlink (LINK), Bonk (BONK), and JasmyCoin (JASMY) rose by over 5%.

LINK's daily chart shows that the asset has bounced above a key support at $12.70 and today's uptick has contributed to improving momentum indicators as the asset distances itself from this level.

With Bitcoin on the verge of a breakout (or rejection), the altcoins are starting to stir. The altcoin market cap could already have bottomed.

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it's prepared to have regulators breathing down its neck.Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol's centralized tendencies. After exploiting Bybit for $1.4 billion, the North Korean state-backed hackers behind the attack, known as the Lazarus Group, flocked to THORChain, making it their top choice to convert stolen funds from Ether (ETH) to Bitcoin (BTC).

Traders have little reason to go long, unless they are scalping, and can use the downtrend to look to sell.

Open Builders, the team behind Notcoin, Lost Dogs, and Not Pixel, has announced the launch of Not Games in March. The project aims to revitalize the Notcoin (NOT) ecosystem by introducing games where players can earn tokens for free.

Crypto prices remained on edge during the weekend, even after the US embraced policies to support the industry. Bitcoin price was trading at $86,000 on Sunday, while the total market cap of all coins retreated to $2.83 trillion.

NOT's price hasn't been doing well, but can it do better?

This crypto bull market has not been particularly kind to the vast majority of altcoins. Unlike previous bull markets, the focus has been very much on Bitcoin, seemingly with only the merest sniff of an altcoins season, which has so far failed to arrive.

THORChain, a decentralized cross-chain swap protocol, witnessed an unprecedented surge in activity following the Bybit hack. According to DefiLlama, THORChain processed a record $4.66 billion in swaps in the week ending March 2, surpassing $1 billion in a single day.

The Lazarus Group has already laundered all the unfrozen funds it stole from the recent Bybit hack. The group used THORChain's DEX to convert ETH tokens, sparking community criticisms.

The CEO of the recently hacked crypto exchange Bybit says that North Korean hackers have converted 417,348 stolen Ethereum (ETH) into Bitcoin (BTC). According to Bybit CEO Ben Zhou, North Korean state-sponsored hackers stole approximately $1.4 billion in ETH from Bybit, bridging a significant portion of the assets to Bitcoin.

THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit's stolen funds.

THORChain generated over $5 million in revenue as Bybit's $1.4 billion hacker used the protocol for moving funds, sparking controversy over its role in illicit crypto transfers.

North Korean hackers used THORChain to help launder $1.4 billion in stolen Bybit funds, driving the protocol's weekly volume to a record $4.6 billion.

Bybit CEO Ben Zhou has confirmed that $1.07 billion—roughly 77% of the assets stolen in the exchange's recent $1.4 billion security breach—can still be tracked. In a March 4 update, Zhou disclosed that hackers successfully laundered $280 million, around 20% of the 499,000 ETH stolen.

JasmyCoin (JASMY), a prominent player in the cryptocurrency market, recently experienced a notable rise in its price, gaining over 10% within a 24-hour span. However, despite this promising upward momentum, a combination of sell-offs by large investors and looming resistance levels has created significant concerns for those holding or looking to invest in the digital asset.

THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.

Despite a bullish move, the market isn't completely aligned yet.

Here is how some of your favorite assets concluded the week.

RUNE, the native token of the THORChain protocol, remains under significant bearish pressure following a 9.09% price decline in the last week. According to crypto analyst Ali Martinez, RUNE is likely far from a market recovery following a bearish flag pattern on its trading chart.

A developer from THORChain, known as Pluto, has announced his departure from the decentralized liquidity protocol following a contentious decision involving North Korean-linked transactions. The controversy emerged after a vote by the network's validators to block these transactions was swiftly overturned, raising concerns about the platform's governance and resilience to regulatory challenges.

Thorchain is facing operational risks as developers look to quit over disagreements on handling sanctioned funds linked to North Korean hackers.

THORChain developer “Pluto” resigns over failure to block illicit transactions. The FBI urged exchanges and validators to prevent North Korean money laundering.

Thorchain is grappling with developer departures and mounting concerns over its role in laundering stolen crypto, particularly Ethereum from the Bybit hack, tied to North Korean hackers.

THORChain token is flashing a bearish signal, forming a bearish flag pattern that suggests further downside even as swap volume surges. THORChain (RUNE) was trading at $1.3050 on Friday, down 82% from its November peak.

Key Points

Supporters of the decentralized exchange Thorchain have pushed back against claims that the protocol is actively aiding North Korea-backed hackers attempting to cash out funds from the Bybit hack.

THORChain's native token has plummeted 20% in the past 24 hours, wiping off recent gains as the rest of the market also bleeds. The price of THORChain (RUNE) changed hands around $1.20, dipping sharply after hitting highs above $1.60.

According to Arkham, Lazarus-linked wallets have moved over $240 million in ETH through THORChain. They primarily swapped it for Bitcoin (BTC).

THORChain developer Pluto announces his departure after a vote to block North Korean hacker-linked transactions was reverted. A validator is also threatening to exit unless the protocol can stop the flow of hacker funds.

A core developer of THORChain has announced their resignation following the reversal of a vote to block transactions linked to North Korean hackers. The post THORChain Developer Resigns After Vote to Block North Korean Hackers Was Reverted appeared first on Cryptonews.

Thorchain faces a critical moment as key developers leave amid concerns over North Korean hackers using the platform to launder stolen cryptocurrency.

Bybit hackers laundered 270,000 ETH, equivalent to approximately $605 million, via THORChain, representing over half of stolen funds. The post Bybit Hacker Launders 270K ETH Via THORChain, Still Holds $514M appeared first on Cryptonews.

JasmyCoin has created history with its mind blowing hold over the world. The financial system was revolutionized when JasmyCoin started climbing the ladder.

THORChain is facing internal turmoil after a developer resigned over a controversial vote to block transactions linked to North Korean hackers.