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Ripple CEO Brad Garlinghouse has reacted to the SEC’s surprising decision to drop the Coinbase case, claiming that the agency is now moving on “quickly” from the policies of the previous administration. “Suffice it to say (as I know there are lots of impatient people, including me!), this SEC has demonstrated a clear interest in moving on quickly (!) from the failed regulation by enforcement policies of the last Administration,” he said. As reported by U.Today, Coinbase CEO Brian Armstrong announced that the agency would drop the case against the leading US exchange. Notably, the trading platform will not have to pay even a…

In a significant market development, Ethereum ($ETH) has seen a dramatic surge in accumulation by whales. Over the past 24 hours, these large holders have accumulated an additional 140,000 ETH, sparking renewed interest and speculation among traders and analysts. This surge in whale activity is being closely monitored as it could indicate important shifts in Ethereum’s price movement.The chart shared by crypto analyst @ali_charts reveals an intriguing pattern in whale accumulation and its potential impact on Ethereum’s price. The graph juxtaposes the price of Ethereum with the number of ETH held by whales, giving traders a visual representation of how…

Pi Network’s long-awaited mainnet launch has been anything but smooth.Its native PI token is down over 80% from its initial trading price despite years of anticipation from mobile miners who helped grow the network.While Pi Network struggles, one analyst suggests investors should look to Solaxy instead – a Layer-2 project that’s raised over $22 million in its ICO.Pi Network’s Launch Day Crash – What Went Wrong?Pi Network’s transition to the Open Mainnet yesterday was a major milestone for the mobile mining project.But the excitement didn’t last long.Within hours of trading on exchanges like OKX and Bitget, the PI token tanked,…

The crypto landscape has been rocked by a significant security breach as Bybit suffers a staggering $1.4 billion loss due to an ETH hack linked to the infamous Lazarus group.In response to the hack, there have been urgent calls within the community for Ethereum’s co-founder, Vitalik Buterin, to consider rolling back the blockchain to facilitate Bybit’s recovery of the stolen funds.“Since the hack, Bybit has experienced the most number of withdraws that we have ever seen, having a total of more than 350k withdrawal requests,” stated Ben Zhou, the CEO of Bybit.Bybit suffers a $1.4 billion Ethereum hack attributed to…

What Are The Best Crypto Coins to Buy in February 2025? The cryptocurrency landscape is buzzing with excitement as we step into February 2025. With President Donald Trump’s administration showing a pro-crypto stance, there’s a surge in optimism for favorable regulations and the potential approval of altcoin-focused ETFs. This political climate is setting the stage for a vibrant altcoin market, with investors keen to identify the top 10 altcoins poised for significant growth.Qubetics ($TICS) emerges as a groundbreaking project addressing real-world challenges that previous blockchain initiatives have struggled to solve. By focusing on seamless cross-border transactions and asset tokenization, Qubetics…

Somnia, a novel data-centric Layer-1 blockchain, announced the launch of its Shannon testnet. Designed to showcase the opportunities of Somnia’s MultiStream Consensus and other related technologies, the testnet is a major milestone on the way to mainnet release.Somnia’s Shannon testnet is now live, devnet accomplished 1 million TPSSomnia, a blockchain bringing the world’s data on-chain with unmatched speed and efficiency, has officially launched Shannon Testnet, a major step toward mainnet. Commemorating Claude Elwood Shannon, the father of information theory, Shannon provides developers and users with a real-world testing sandbox for fast and cost-effective dApps.The time is NOW! Somnia’s Testnet: Shannon…

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 from crypto analytics platform Glassnode, highlighting a sharp decline in…

The cryptocurrency market experienced a downturn following a major security breach at Bybit, where hackers managed to drain $1.4 billion in Ethereum. This has rattled investor confidence, leading to a wave of liquidations worth $566.64 million, per Coinglass data. As a result, the market cap of the business is down 1.86% to $3.17 Trillion. Trade volumes went up 53.06% to $139.49 B. Successively, the Fear & Greed Index has fallen to 38, indicating fear in the market.Bitcoin Price Now Down to $96kBitcoin price declined 1.85% over the last 24 hours, now trading at $96,407.61. The asset’s market cap has dropped…

Faarea MasudBBC Business reporterGetty ImagesCryptocurrency firm Bybit said hackers stole $1.5bn (£1.1bn) worth of digital currency in what could be the biggest crypto theft in history.The Dubai-based company’s founder told users that their funds were “safe” and that if would refund any of those affected.It said hackers stole from its Ethereum coin digital wallet. Ethereum is the second largest cryptocurrency by value after Bitcoin.Bybit’s founder Ben Zhou said the money could be covered by the firm or by a loan from partners. Bybit holds $20bn (£15bn) in assets.Bybit said the hackers exploited security features, then transferred the money to an…

Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.The crypto market is buzzing with opportunities, and altcoins are leading the charge for those seeking significant returns. As the industry continues to evolve, selecting the right altcoins to add to your portfolio can make all the difference.This quarter, a standout project, Lightchain AI, is making waves with its presale success and innovative approach, alongside other promising tokens.…