Day: February 22, 2025

As Bitcoin Sell Pressure Fades, Could A Local Bottom Be Forming? Analyst Explains

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Este artículo también está disponible en español. According to an X post by crypto analyst Ali Martinez, Bitcoin (BTC) is witnessing a decline in sell-side pressure, indicating that a local market bottom may soon form for the premier cryptocurrency.  Bitcoin Local Bottom On The Horizon? Bitcoin continues to trade just below the psychologically significant $100,000 level, hovering at $98,650 at the time of writing. However, the top cryptocurrency by market capitalization is witnessing a notable drop in sell-side pressure. Related Reading Martinez shared the following Bitcoin Sell-Side Risk Ratio chart…

Altcoins Ready For Round 2? Expert Says Altseason ‘Has Begun’

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Este artículo también está disponible en español. As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others, including CryptoQuant’s CEO, have suggested a different outlook. Related Reading Few Cryptocurrencies To ‘Survive’ The Altseason On Friday, Ki Young Ju, CryptoQuant’s founder and CEO, affirmed that the Altseason has begun. In an X thread, Ju suggested that there will not be a direct Bitcoin-to-alt rotation this…

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

North Korea’s Lazarus Group, a state-backed hacking collective renowned for its technical sophistication, executed the largest cryptocurrency theft in history by stealing $1.46 billion from Bybit, investigators confirmed. North Korea’s Lazarus Engineered History’s Largest Cryptocurrency Theft The Lazarus Group, a cybercrime unit linked to North Korea’s Reconnaissance General Bureau, leveraged advanced tactics to breach Bybit’s […] Source CryptoX Portal

XRP Bulls Need This Break For A Shot At $6

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Este artículo también está disponible en español. Crypto analyst Egrag Crypto (@egragcrypto) has outlined both short-term and long-term trajectories for XRP, pinpointing potential upside targets that range from $4–$6 in the near term to $33–$60 over the long haul. The shared chart focuses on historical resistance levels, Fibonacci extension points, and a multi-phase Parabolic Arc formation. XRP Eyes $6—But This Key Level Stands In The Way Egrag Crypto’s chart shows XRP trading near $2.67, coming off a notable bullish surge but now contending with a red horizontal band between roughly…

Coinbase Explains How They Beat the SEC—and What It Means for Crypto

Coinbase’s CEO says winning against the SEC was crucial to protecting U.S. crypto, accusing the agency of overreach and political intimidation. Coinbase CEO Reveals Why Standing Up to the SEC Was Essential Following the U.S. Securities and Exchange Commission’s (SEC) decision to withdraw its lawsuit against Coinbase, CEO Brian Armstrong addressed the situation, explaining why […] Source CryptoX Portal

Eliza AI Enhances Blockchain Operations on BNB Chain

Rongchai Wang Feb 22, 2025 03:13 BNB Chain introduces a dedicated plugin for the Eliza AI Framework, enabling advanced AI-driven on-chain operations with features like DeFi integration and cross-platform engagement. BNB Chain has launched a new plugin for the Eliza AI Framework, offering seamless integration for AI-driven on-chain operations. This development marks a significant step forward in leveraging AI agents to navigate blockchain tasks, according to BNB Chain. Key Features of the Eliza AI Plugin The plugin offers model-agnostic flexibility, supporting multiple…

Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?

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Este artículo también está disponible en español. Following a lackluster performance in recent weeks, Bitcoin appears to be seeing a steady recovery with its price now approaching the $100,000 price mark. Particularly, so far, BTC has managed to regain some of the losses shedded in recent weeks with its price now hovering above $98,000, marking a 2.6% increase in the past 7 days. Alongside this price movement, new data have emerged highlighting significant activity among large holders on exchanges, suggesting a shift in market dynamics. Related Reading Bitfinex Whales Show…

Bybit Faces Historic Withdrawals—350K Requests and Counting

Bybit scrambled to process over 350,000 withdrawal requests after a massive hack, with executives calling it possibly the worst financial breach ever. Bybit in Crisis Mode—350,000 Withdrawals Flood the System Ben Zhou, CEO of crypto exchange Bybit, provided an update on social media platform X on Feb. 21 regarding the company’s response to a recent […] Source CryptoX Portal

Sui Blockchain Enhances Security with SCION Integration

Joerg Hiller Feb 22, 2025 00:55 Sui integrates SCION to bolster network security and performance, addressing vulnerabilities like BGP hijacking and ensuring reliable validator communication. Sui, a prominent blockchain platform, is making strides in enhancing its network security and performance through the integration of SCION, a next-generation internet architecture. This move aims to strengthen the platform’s validator communication and reduce vulnerabilities such as BGP hijacking, according to a recent announcement by the Sui Foundation. Understanding SCION’s Architecture SCION, which stands for Scalability,…