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One of the leading cryptocurrencies, Ethereum ($ETH), has been facing a turbulent February; it could be on the verge of seeing its worst month on record. The price is already down 23% as of late February, and signs are indicating a sharp downturn that goes against the strong, positive performance the cryptocurrency has typically seen … Read more
Bybit has returned a $100 million loan, equal to 40,000 Ethereum (ETH), to Bitget after just three days—the cryptocurrency community was not expecting this! The loan was extended to Bybit when it was going through a tough time, and this rapid return of funds shows that Bybit is back and on the way to recovery. … Read more
In a significant development that has drawn the eyes of both the crypto and traditional investment worlds, Grayscale has filed with the U.S. Securities and Exchange Commission for a new kind of investment product: a spot exchange-traded fund, or ETF, that would hold Cardano as a primary asset. With the ETF application, Grayscale now has … Read more
For a long time, Ethereum (ETH) has been viewed as one of the most potentially profitable blockchain platforms in the cryptocurrency sector. Recent developments, however, suggest that its future might be even more favorable in 2025. The market has faced some bumps in the road lately, including the hack of one exchange platform, Bybit. Yet … Read more
While downward pressure on the cryptocurrency market shows no sign of letting up, a notable market “whale” has made the decision to signal an otherwise bearish outlook on two major DeFi tokens—Lido (LDO) and Aave (AAVE). This particular whale, a big holder of crypto assets, has sold off in total $5.98 million worth of these … Read more
Following a recent security breach, Bybit, one of the top cryptocurrency exchanges, has provided an official update regarding the hack that saw a significant amount of Ether (ETH) taken from its platform. The exchange’s CEO, Ben Zhou, has confirmed that all Ether losses have been covered and that funds taken by the hacker are in … Read more
Bitcoin’s recent surge was short-lived as the $100k mark continued to pose a threat, suppressing further buying phase. While gathering liquidity, it may lose momentum if this mark level continues to hold as resistance. Last week, Bitcoin attempted a bullish move after a slight break from a two-week consolidation phase. The move was quickly stopped … Read more
Following an impressive gain in the last 24 hours, APT showed strength and surged to a three-week high. It remained bearish in the mid-term but the trend is likely to shift soon as demand increases. APT’s trajectory is still looking bearish on the short-term trend but it appeared to have reached an exhaustion point following … Read more
There is no lack of dramatics in the cryptocurrency market, and the latest turns involving $Broccoli have added an exciting new chapter to its saga. When $Broccoli was listed on Binance Alpha and became available for trading, the market saw some real action. Traders and investors seemed to be waiting with bated breath for the … Read more
In a generally turbulent 24 hours for the cryptocurrency market, Litecoin ($LTC) is one of the very few assets that is not in the red and is instead outperforming many of the top cryptocurrencies, including Bitcoin ($BTC) and Ethereum ($ETH). Remarkably, Litecoin has increased in value by 9% over this period, leading traders and investors … Read more
