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Cryptocurrency exchange Bybit is offering up to $140 million to help recover the $1.4 billion worth of Ethereum stolen in Friday’s platform hack.

A day after losing more than $1.4 billion worth of Ethereum and related tokens in a sophisticated hack, cryptocurrency exchange Bybit said early Saturday that it will offer 10% of the recovered funds — up to $140 million — to any on-chain security expert who helps the firm recover its assets.

“In the 24 hours since the event, we have been overwhelmed by the support from some of the best people and organizations in the industry, and we do not take it for granted. We have participated in a dark moment in cryptocurrency history and have proven that we are better than malicious actors,” Bybit co-founder and CEO Ben Zhou said in a statement.

“Bybit is determined to overcome the setback and fundamentally transform our security infrastructure, improve liquidity, and be a steadfast partner to our friends in the cryptocurrency community.”

In what is believed to be the largest cryptocurrency hack of all time based on the value of assets at the time of the attack, over $1.4 billion worth of ETH and stETH were stolen from Bybit on Friday morning.

#ETH

Ethereum (ETH) is trading today, February 22, at US$2787.7 (ARS $3,406,568), according to the virtual wallet Lemon.

This price positions it 1.02% compared to its value 24 hours ago and 3.14% in comparison with the same day of last week.

The current market cap (market valuation) of the token is US$327,131,367,551.

Ethereum is a decentralized open-source platform that runs on its own blockchain and allows every developer to program new types of applications. Many define Ethereum as a digital supercomputer where any user can run applications developed by programmers from anywhere in the world.
The crypto asset, created by young Russian raised in Canada Vitalik Buterin in 2015 under blockchain technology, stood out from the beginning for being the first to include programmable smart contracts in its blocks.

$ETH

The cryptocurrency market is not regulated in any way because there are simply no supervisory authorities. Therefore, there are more frequent signs of market manipulation.

For this reason, it is very important for beginner participants to distinguish natural market movements from direct interventions, so as not to fall into the trap of manipulators.

In this post, I would like to focus on direct intervention in trading and its influence on technical analysis.
For example: The Big Investors, By this type of whales, I mean really very large players, such as international corporations or countries.

These participants have practically unlimited financial and administrative resources.

Imagine that large investment funds such as Goldman Sachs or Morgan Stanley wish to enter the cryptocurrency market. They could very well request an article in the most reliable newspaper in the world about the economic collapse of cryptocurrency, or even try to lobby for a law that could complicate the rules for smaller market participants.

#VIRTUALWhale

Daily transactions on the Litecoin network have reached $9.6 billion per day, while exchange-traded fund issuers have been making efforts to list their proposed Litecoin ETFs in the United States.

The market capitalization of Litecoin
LTC
€128.46
increased by 46% between February 2 and February 19, demonstrating growing investor interest, Santiment reported on February 21. It added that part of this growth comes from "its strong increase in network utility, which has been processing $9.6 billion in daily transaction volume over the last 7 days".

Litecoin had around $2.8 billion in daily transaction volume at the end of August, so the current levels represent a 243% increase in five months. Additionally, LTC prices have doubled since early November, outperforming the overall cryptocurrency market, which has seen gains of 42% during the same period.

$LTC

Crypto gas fees serve as the backbone of blockchain networks like Ethereum. Users encounter these fees whenever they send tokens or interact with smart contracts. The fees compensate validators who process transactions and secure the network.
Every blockchain operation requires computational resources. Simple transfers can use around 21,000 gas units, while complex smart contract interactions demand significantly more processing power.
On Ethereum, fees are quoted in “gwei,” one billionth of an ETH. The total transaction cost is the result of multiplying the gas units by the current unit price. Most wallets automatically calculate this for users.

#GasFeeImpact

It has been revealed that low market cap altcoins dominated the list, with their smaller market sizes making them prone to strong fluctuations in activity.

Among the tokens with the highest growth in daily wallet activity, UXLINK led the pack with a staggering 1927% increase. This was followed by Satoshi Airline, which saw a 650% increase, and Onyxcoin, which saw a 600% increase.

The data reflects a strong focus on smaller altcoins, where wallet activity can increase dramatically due to sudden trading interest or speculative behavior. Santiment’s findings highlight how analyzing wallet activity can provide valuable insights into emerging trends in the cryptocurrency space.

#WalletActivityInsights

Although asset prices depend primarily on fundamental and technical factors, they can also be influenced by market sentiment. In fact, markets are largely driven by emotion, and sentiment can be reflected in prices.

For example, the market reacted nervously to a Donald Trump victory in the 2016 US presidential election. While most polls predicted a Hillary Clinton victory, markets went into a state of shock when Trump emerged as the winner. A nervous reaction led to a sell-off of the US dollar and US indices, but as soon as the nerves calmed down, traders started buying the greenback and stocks. Why? Because Trump's policy was seen as a positive thing for the US economy. However, the first reaction was mainly determined by sentiment, not fundamental factors. That's why it's important to take sentiment into account when trading and to know which indicators could be useful in this area.

#MarketSentimentWatch

Michigan has officially entered the race to establish a Bitcoin strategic reserve. Lawmakers introduced a bill that, if passed, would allow the state to invest in Bitcoin using public funds. This measure makes Michigan the 20th U.S. state to consider such legislation.

Rep. Bryan Posthumus, a key supporter, believes Michigan should follow in the footsteps of Texas in conducting cryptocurrency policy. The bill would allow the state treasurer to allocate up to 10% of general and economic stabilization funds to Bitcoin. While details on specific cryptocurrencies remain unclear, Bitcoin remains the top priority. This push indicates a growing acceptance of digital assets in state financial planning.

Supporters argue that a Bitcoin reserve could boost Michigan’s financial stability. By holding Bitcoin, the state can benefit from long-term price appreciation and protect against inflation. Additionally, the bill includes a provision to lend Bitcoin for additional profits. This strategy mirrors investment tactics used by major financial institutions.

#TokenMovementSignals

An inactive Bitcoin whale just moved 33 million dollars in BTC and let me tell you that the cryptocurrency community is excited about it. This kind of activity by early users generates surprise, especially now that Bitcoin is hitting new records. What does this mean for cryptocurrency trading? Let's analyze it.



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The Bitcoin whale moves 33 million dollars: implications for cryptocurrency trading











An inactive Bitcoin whale just moved 33 million dollars in BTC and let me tell you that the cryptocurrency community is excited about it. This kind of activity by early users generates surprise, especially now that Bitcoin is hitting new records. What does this mean for cryptocurrency trading? Let's analyze it.

For those who don't know, inactive Bitcoin whales are entities that hold large amounts of BTC that have not moved for a prolonged period. When one of these whales makes a sudden move, it is like a stone thrown into a pond: the ripples can be felt far and wide. This particular whale moved over 33 million dollars in Bitcoin, which it had held for more than a decade. There is a lot of speculation about whether this is a private sale, an exchange, or just another address.

#ActiveUserImpact

Trend analysis attempts to predict a trend, such as a bull market, and take advantage of that trend until the data suggests a reversal of the trend, such as from a bull market to a bear market. Trend analysis is useful because moving with trends, and not against them, will generate profits for an investor. It is based on the idea that what has happened in the past gives traders an idea of what will happen in the future. There are three main types of trends: short-term, medium-term, and long-term.

A trend is a general direction that the market takes over a specific period of time. Trends can be both bullish and bearish, and relate to bull and bear markets, respectively. While there is no specific minimum amount of time required for a direction to be considered a trend, the longer the direction lasts, the more pronounced the trend will be.

Trend analysis is the process of observing current trends to predict future ones and is considered a form of comparative analysis. This can include the attempt to determine whether a current market trend is likely to continue, such as gains in a particular market sector, as well as whether a trend in one area of the market could result in a trend in another. Although trend analysis may involve a large amount of data, there is no guarantee that the results will be accurate.

#PriceTrendAnalysis

In the world of cryptocurrencies, each of them uses a blockchain, either its own or “borrowed,” be it Bitcoin, Ethereum, or any other.

To make this article easier to understand, let’s use the example of Bitcoin, which has its own blockchain network, just like Ethereum. But remember: all cryptocurrencies have network data and are hosted on some blockchain.

The Bitcoin network blockchain, following our example, is an open ledger, which allows an observer to analyze every transaction made and estimate the amount of coins that are stored or have been moved by any address on the network.

To track these transactions, you only need to know which addresses are involved in the exchange. The transparency of the blockchain allows these addresses to be tracked and activity data to be aggregated, creating metrics that reveal valuable market insights. All market participants can obtain data from the network to analyze Bitcoin in depth, unlike traditional market assets.

Network Data
Therefore, it is important to track the on-chain activity of bitcoin exchange addresses,

for example, how many bitcoins are in any given wallet at any given time, as well as the amount of BTC entering or leaving exchange addresses.

#OnChainInsights

Canary Capital's proposed Litecoin exchange-traded fund (ETF) has been listed on the Depository Trust and Clearing Corporation (DTCC) system under the ticker symbol LTCC. Listing does not guarantee regulatory approval, but indicates that the necessary infrastructure for trading is in place.
DTCC likely handles trillions of dollars in securities transactions daily. It operates as an initial clearing and settlement provider for U.S. securities, covering active ETFs and pre-launch funds pending authorization.

A listing on the DTCC indicates that the ETF is ready to list, but requires approval from the U.S. Securities and Exchange Commission (SEC) before the ETF can begin trading.
Canary Capital filed an application for a Litecoin ETF in October 2024. Firms such as Grayscale and CoinShares have filed similar applications with the SEC.

Additionally, ETF experts such as Eric Balchunas and James Seyffart have been positive about the prospects for ETF approval. They noted that the designation of Litecoin as a commodity by the Commodity Futures Trading Commission (CFTC) is a boost for the ETF with a 90% chance of the Litecoin spot ETF being approved.
If approved, the LTCC would become the first US spot ETF for a cryptocurrency other than Bitcoin and Ethereum. It could pave the way for other altcoin-backed ETFs that will provide access to the digital currency market through regulated financial products.

#LitecoinETF



XRP (Ripple) is one of the most well-known cryptocurrencies on the market. Using RippleNet technology and the Ripple Protocol Consensus Algorithm (RPCA), it provides fast and cheap transactions without the need for mining. Unlike Bitcoin, Ripple works on the basis of trusted nodes, which makes the system faster and more profitable. XRP is used as a medium of exchange for different currencies, providing liquidity on the network. In this article, we will look at the XRP price forecasts for the coming years and analyze the factors that affect the price of the cryptocurrency.

The maximum price of XRP was reached on 2025-01-16 and was $3.3963. The historical minimum price was recorded on 2020-03-13 and was $0.1055.

Ripple coin is the third cryptocurrency in terms of market capitalization ($184.27 billion) after Bitcoin and Ethereum.

In January 2018, XRP surpassed Ethereum in terms of market capitalization, temporarily becoming the second largest cryptocurrency after Bitcoin.

In 2023, Ripple won a lawsuit against the US Securities and Exchange Commission (SEC), which determined that the token was not a security. This fact contributed to the rise in the price of XRP in 2024.

XRP is integrated into more than 300 financial institutions around the world, including banks and payment systems such as Santander and American Express.

XRPUSD - According to wave analysis, a bullish momentum movement in XRPUSD is possible during the week. It is recommended to consider long positions with take profit at 2.940.

#xrp

Ethereum will benefit from the Pectra upgrade that will be launched on April 8.

Key facts:

ETH funds absorbed over 300 million in February.
Despite the rise in ETFs, the price of ETH shows no signs of bullish prospects.
Ethereum ETFs attracted more investments in February, a move that has even been higher than the purchases of shares in Bitcoin funds.

A marked preference has been noted for financial instruments connected to the second cryptocurrency in the market. But despite this strong injection of resources, the price of the token has not increased.

In the first 18 days of the month, Ethereum ETFs listed on U.S. stock markets received around 393 million. In contrast, instruments based on BTC have gone the opposite way. Specialized companies have reported an outflow of 376 million dollars in the same period.

The most obvious conclusion is that investor sentiment regarding ETH is bullish, while for the leading cryptocurrency it is bearish. This does not mean they are sensing a strong drop in Bitcoin, but rather that there is more confidence in an upward push in the second digital asset in the market.

$ETH

CEO Paolo Ardoino announced the launch of TradeFi on X, a new service aimed at promoting global trade through innovative financing solutions.

TradeFi expands Tether’s growing product portfolio, which already includes stablecoins, asset tokenization, and wallet development tools. This latest service aims to simplify international trade by providing financing solutions that reduce costs and improve efficiency. The platform will facilitate the trading of important commodities such as crude oil and copper, while also allowing seamless settlements with USDT.

Tether’s website states: “With the support of blockchain technology, we are simplifying trade processes, reducing costs, and promoting financial inclusion across industries and borders.”

The launch of TradeFi follows Tether’s first foray into crude oil trading in November last year. The company provided financing for a $45 million transaction in the Middle East involving 670 thousand barrels of oil. While no detailed information was released about the participating companies, Ardoino described it as the first step in a broader strategy to support more commodities and industries.

Tether

#TradeFiRevolution

What will be the value of bitcoin?
It is the conversation of the day when the price skyrockets. In this article, we take you through the expectations of various analysts. But it also comes with a warning: no one has a crystal ball, and there is no guarantee that these predictions will materialize. Invest only what you can afford to lose.
According to analysts, Bitcoin resumes its activity in 2025. BTC is on the right track, closing this year at a price of €209,239.81.
Analysts expect the price to move towards €204,648.25 in July 2026, but the big question is whether this trend will hold. In December 2026, the price is expected to reach €246,953.46.
Step by step, Bitcoin will start to rise. By the end of 2027, a price forecast of €343,471.46 is anticipated. In July 2028, we will approach €365,867.22, and by the end of 2028, a quotation of €434,397.66 is expected.
Although the profits are becoming less spectacular, analysts continue to expect great years for Bitcoin. Looking towards 2030, the price is expected to reach €452,449.54 in July 2030 and approach €518,979.51 by the end of the year.

Every investment is a risk and a very personal study.

$BTC
#BTC

Code: RockdarkAngel

What will be the value of bitcoin?
It's the talk of the day when the price skyrockets. In this article we take you through the expectations of various analysts. But it also comes with a warning: no one has a crystal ball, and there is no guarantee that these predictions will come true. Invest only what you can afford to lose.
According to analysts, Bitcoin resumes its activity in 2025. BTC is on the right track, closing this year at a price of €209,239.81.
Analysts expect the price to move towards €204,648.25 in July 2026, but the big question is whether this trend will continue. In December 2026, the price is expected to reach €246,953.46.
Step by step, Bitcoin will start to rise. By the end of 2027, a price forecast of €343,471.46 is predicted. In July 2028, we will be approaching €365,867.22 and at the end of 2028 a price of €434,397.66 is expected.
Although the gains are becoming less spectacular, analysts are still expecting great years for Bitcoin. Looking ahead to 2030, the price is expected to reach €452,449.54 in July 2030 and to approach €518,979.51 by the end of the year.

$BTC
#BTC

FTX announced the next round of reimbursements for May

The bankrupt exchange started paying its creditors on February 18, more than two years after its dramatic collapse.
FTX has announced plans for the upcoming reimbursements to the creditors of the bankrupt cryptocurrency exchange after initiating its first round of reimbursements on February 18.
According to an announcement from February 18, the next distribution of reimbursements will take place on May 30, 2025, for holders of allowed claims of "Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims." This includes customers who had assets on the platform when it collapsed and other creditors, such as suppliers and business partners.

The next round of FTX payments requires that creditors have verified claims before April 11, the deadline to qualify for the distribution.

According to Sunil Kavuri, a creditor of FTX and advocate, the payment round beginning in May will include claims worth over $50,000. These creditors will need to choose a distribution agent before April 11, Kavuri added.
Under FTX's recovery plan, 98% of creditors are expected to receive at least 118% of the value of their claim in cash. In May 2024, the exchange estimated that the total value of the distribution would be between $14.5 billion and $16.3 billion

$FTX

#FTXrepayment

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