Cryptocurrency

Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000. Santiment’s social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between Feb. 25 and 26 are “showing a very high

The decentralized perpetual futures trading sector has a new leader: Hyperliquid (HYPE). Launched in December 2024, Hyperliquid has its own Layer-1 blockchain, which has surpassed Solana in 7-day fees.  What’s fueling its rapid growth, and how does HYPE compare relative to Solana’s native token SOL (SOL)? Protocols ranked by 7-day fees, USD. Source: DefiLlama Hyperliquid’s

Ether (ETH) price stabilized near $2,300 after a sharp 20% drop over three days, hitting a low of $2,255. This decline shook market sentiment, as Ether hadn’t traded at these levels since October 2024. However, the ETH derivatives market is showing early signs of recovery and strength, suggesting a potential rebound to $2,800. Ether 30-day

New token listings resemble the stock market on steroids. Without the guardrails of traditional finance, prices swing wildly, making—and more often breaking—fortunes in days, if not hours. Binance exchange is often the listing destination of choice for many of these tokens, which offer traders high-risk bets and the chance to chase the next market sensation. 

Hackers gained access to the memecoin platform Pump.fun’s X account on Feb. 26, raising questions about security at a crucial time for memecoins and the crypto industry as a whole. The platform has since regained control over its X account. Pump.fun said that it’s unlikely any of its staff are at fault as it followed

Solana’s (SOL) price trades 52% below its all-time high of $295 on Jan. 19. The 41% drawdown over the last month accompanies a 40% drawdown in the total value locked on Solana, with SOL’s technical setup pointing to further losses ahead. Solana TVL drops $5B in 30 days The total value locked (TVL) on the

Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan. According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens. The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the

The US Congress is reportedly set to consider legislation that would ban the issuance of memecoins like President Donald Trump’s Official Trump (TRUMP) token. House Democrats are preparing to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act, which would prohibit public officials from profiting from digital assets, California Representative Sam Liccardo told ABC News

XRP (XRP) price has dropped 17% over the last seven days and 27% in the past month, losing several key support levels along the way. This has left market participants wondering whether XRP’s price could drop further in the coming days. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP price levels to watch under $2.40 XRP’s latest

THORChain, a crosschain swap protocol, is experiencing a surge in activity following the $1.4 billion exploit of cryptocurrency exchange Bybit. On Feb. 26, the protocol processed $859.61 million in swaps, marking its highest-ever daily volume, according to data from THORChain Explorer. The momentum continued on Feb. 27, adding $210 million (and counting), pushing total swap

Ripple Labs has signed a strategic partnership with BDACS, a South Korean digital asset custody provider, to support institutional custody for XRP and Ripple USD. The partnership, announced on Feb. 26, will enable BDACS to integrate Ripple Custody, the company’s institutional crypto and digital asset custody solution, to safeguard XRP (XRP), Ripple USD (RLUSD) and

Stablecoins issued by traditional financial institutions may face challenges in gaining significant market adoption, according to Matt Hougan, chief investment officer at Bitwise. “TradFi stablecoins will find it harder than they think to win market share,” Hougan said in an X post on Feb. 26. Hougan referred to the newly announced stablecoin plans by Bank

Litecoin (LTC) has outperformed the broader crypto market vastly in the last 24 hours, rising over 9% to reach $127.85 on Feb. 27. LTC/USD four-hour price chart. Source: TradingView In contrast, the crypto market’s combined valuation has dropped by 3% amid a sour risk-on mood led by underwhelming Nvidia earnings and US President Donald Trump’s

XRP (XRP) price declined by 16.8% between Feb. 23 and Feb. 26, leading to $79 million in leveraged long futures liquidations. Notably, the correction occurred despite a largely positive regulatory outlook and increasing odds of approval for a spot XRP exchange-traded fund (ETF) in the United States. At the same time, open interest in XRP

Litecoin (LTC) demonstrated a V-shaped recovery of 20% after dropping to $106 on Feb. 25. After a brief decline below the 50-day and 100-day exponential moving averages (EMAs), the altcoin has regained a bullish position and is currently outperforming a majority of assets within the crypto market. Litecoin 1-hour chart. Source: Cointelegraph/TradingView Litecoin has “one

Solana (SOL) price is down nearly 9% on the day and is close to trading below $130 for the first time since Sept. 18, 2024. Two key indicators on SOL’s daily chart are on track to complete a bearish crossover, and if this happens, new lows under $100 could be in the cards. The 50-day

Bitcoin (BTC) price dropped into the $85,000 region on Feb. 26, flashing a clear signal that the crypto market is not out of the woods yet. The break below the $90,000 support on Feb. 25 tilted the advantage in favor of the bears. That triggered $937.9 million in outflows from the US spot Bitcoin exchange-traded

Ethereum-based cryptocurrency wallet MetaMask is expanding its fiat off-ramp services to support 10 additional blockchain networks. The move, in partnership with payments provider Transak, is aimed at simplifying the process of converting digital assets into traditional currency. MetaMask users were previously forced to swap assets into Ether (ETH) tokens before being able to convert them

Update, Feb. 26, 3:18 pm UTC: This article has been updated with comments from Judith De Boer, attorney for Alexey Pertsev. The Ethereum Foundation (EF) donated $1.25 million to support the legal defense of Tornado Cash developer Alexey Pertsev, who is preparing to appeal his money laundering conviction in the Netherlands. “Privacy is normal, and

The hacker behind the $1.4 billion Bybit exploit has laundered more than $335 million in digital assets, with investigators continuing to track the movement of stolen funds. Crypto investor sentiment was hit by the largest hack in crypto history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH

Crosschain trading protocol Chainflip is implementing an emergency software upgrade to prevent hackers from moving funds stolen in the $1.4 billion Bybit exploit. The move follows the Feb. 21 Bybit hack, the largest crypto exchange breach in history. Blockchain investigators, analytics firms, crypto exchanges and network protocols have since worked together trying to trace and