Ethereum Falls 5% Following $1.5 Billion Bybit Hack

The Bybit Hack has shaken the market today, with over $1.46 billion in ETH stolen, marking one of the largest security breaches in history. As the stolen assets are being liquidated, Ethereum’s price dropped by 5% in a straight line, impacting key technical indicators. Speculation is growing about Bybit’s next moves, with some suggesting a … Read more

Bitcoin Price Analysis: Bybit Hack Sparks Market Volatility; BTC Tests Key Support at $95,000

Bitcoin’s price fell 3.07% to $95,086 on Feb. 21, 2025, as markets reacted to a $1.4 billion hack at Bybit and technical indicators signaled bearish pressure. Bearish Signals Dominate Bitcoin Charts Amid Security Breach Fallout Bitcoin traded within a 24-hour range of $95,086 to $99,504, reflecting heightened volatility following the breach of Bybit’s Ethereum cold … Read more

SEC Drops Coinbase Lawsuit, Potentially Influencing Ongoing Ripple Case and Future Crypto Regulations

The recent announcement that the SEC is dropping its lawsuit against Coinbase marks a pivotal moment in the evolving landscape of cryptocurrency regulation. The move is seen not only as a victory for Coinbase but also as a significant step towards establishing clearer regulatory frameworks for the entire industry. As noted by a COINOTAG source, … Read more