Ethereum’s native token, Ether (ETH), posted a new yearly low at $2,070, which is also the lowest since Jan. 1, 2024. The second-biggest cryptocurrency dropped 7.40% on Feb. 28, leading to over $200 million in liquidations over the past 24 hours. Ethereum1-day chart. Source: Cointelegraph/TradingView With ETH price now testing two-year lows, 0xLouisT, a crypto investment manager,…
Upbit’s parent company, Dunamu, has reportedly filed a lawsuit against South Korea’s Financial Intelligence Unit (FIU) — a division under the country’s top market regulator, the Financial Services Unit (FSC) — challenging its imposed sanctions. Dunamu told the state-funded Yonhap News Agency on Feb. 28 that it had submitted a lawsuit to the Seoul Administrative…
Binance, the world’s largest cryptocurrency exchange, denied speculation that it has been selling off some holdings, despite widespread social media claims amid the latest market downturn. The crypto market experienced a significant correction after the $1.4 billion Bybit hack, which saw Bitcoin’s (BTC) price sink to a low of $78,197, last seen on Nov. 10,…
Bitcoin Faces Sharp Correction Bitcoin has experienced a major correction, plunging to its lowest level since early November 2024. This unexpected drop has shaken the bullish outlook that many investors had for BTC and altcoins, casting doubt on the potential for massive returns in 2025. The sharp decline has led to increased fear across the…
Real-world asset (RWA) tokenization is gaining momentum in the United Arab Emirates (UAE) as industry players position themselves to meet increasing demand for blockchain-based asset trading. RWA tokenization involves minting financial and other tangible assets into blockchain-based tokens, increasing accessibility and liquidity for traditionally illiquid assets. On Feb. 3, onchain RWAs rose to a cumulative…
Rumor has it that Chat-GPT is developing a new OpenAI model – Chat-GPT 4.5 – that could be 20x more expensive than the original version. And such news is casting a light on the best AI tokens anticipated to jump 100x. Chat-GPT 4.5’s enhanced creativity and emotional intelligence (EQ) are likely what will contribute to…
The Bybit exploiter managed to launder over 50% of the stolen funds within a week since it exploited the exchange, despite onchain analysts pursuing the identity of the exploiters. Centralized crypto exchange Bybit was hacked for over $1.4 billion worth of crypto on Feb. 21, marking the largest hack in crypto history The Bybit exploiter…
Everything is bigger in Texas, the popular saying goes. Now, Bitcoin adds to that reputation as the state moves closer to creating its own strategic Bitcoin reserve. The initiative, passed with a landslide 9–0 vote on February 27, 2025, outlines a plan for Texas to manage and store Bitcoin as part of a long-term investment…
XRP (XRP) extended its downtrend on Feb. 28, down 9% in the last 24 hours to trade at $2.05. What to know: XRP trades in a third bearish session that has seen it lose a key support level at $2.20. The global crypto market capitalization has also dropped 6.6% to $2.66 trillion at the time…
The current Bitcoin (BTC) correction could last until March or April before attempting to rally toward previous highs, according to Matrixport analysis. Bitcoin fell below $80,000 on Feb. 27 for the first time in a week amid a broader market sell-off driven by escalating global trade tensions. Three major US stock market indexes also suffered…
