In the ever-evolving landscape of cryptocurrency, Bitcoin remains a focal point, with its price often serving as a barometer for the entire industry. On February 26, 2025, Bitcoin’s price plummeted to $86,099, a drastic decline that eradicated approximately $1.06 billion from the overall market capitalization of cryptocurrencies. This substantial dip not only hints at a
In a stark revelation that has shaken the cryptocurrency community, Bybit disclosed that it fell victim to a staggering $1.4 billion hack. However, the exchange clarified that its own infrastructure remained intact, attributing the security breach to a vulnerability in a development environment related to a platform called Safe. This incident has raised critical discussions
As Bitcoin continues to fluctuate in a volatile market, analysts are drawing attention to intriguing liquidation trends that could impact its trajectory. Recently, crypto analyst Kevin Capital highlighted a significant discrepancy in potential liquidations—a whopping $16 billion in short liquidations poised beneath Bitcoin’s current price level, which stands at approximately $88,700. This figure starkly contrasts
The protracted legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is entering a critical juncture, more than four years post-inception. Various indications suggest that a resolution may soon be forthcoming, changing the landscape of cryptocurrency regulation as we know it. The recent announcement of an SEC Sunshine Act meeting highlights
In recent weeks, the cryptocurrency market experienced an unforeseen shock as Bitcoin’s price plummeted past the critical $90,000 threshold. This downturn not only disoriented many investors who had anticipated continued growth but also reverberated across a multitude of altcoins. The sudden shift left several bullish investors grappling with unexpected losses, compelling a deeper analysis of
The turbulence in the United States Bitcoin exchange-traded fund (ETF) market reached a new intensity recently as the sector experienced its most significant single-day outflow, amounting to nearly $938 million. This alarming trend culminated in a swift decline of Bitcoin (BTC) to under $87,000, marking its lowest valuation since mid-November. The scale of withdrawals highlighted
On February 25, 2023, Aya Miyaguchi took a bold step in her career, transitioning from the Executive Director to the President of the Ethereum Foundation (EF). Her decision, initiated a year prior, reflects not just a personal milestone but points to a vision for Ethereum—a platform that has faced considerable scrutiny in recent months. Miyaguchi
The cryptocurrency market has been shaken to its core following a dramatic price plunge of Bitcoin, the flagship digital asset. In a mere 24-hour period, Bitcoin’s value plummeted over 10%, equating to a staggering loss of around $10,000 per coin. This descent comes amidst a broader context of market turbulence that has left investors in
Bitcoin (BTC), the flagship cryptocurrency, has been experiencing turbulent trends in its valuation, particularly in the past several days. As volatility remains a defining characteristic of this digital asset, recent economic developments and specific incidents have significantly influenced market sentiment. From a peak of approximately $99,400, Bitcoin saw its value plummet to around $86,300, marking
In a significant move reflecting industry camaraderie, Bybit successfully repaid a substantial loan of 40,000 Ethereum—approximately $99.98 million—to Bitget. This repayment came on the heels of a security breach resulting in losses that shocked the cryptocurrency community. On February 24, the funds were transferred back from Bybit’s cold storage wallet to Bitget, signaling not only
