CoinBasecamp

Crypto News & Updates

Month: February 2025

Bybit Hit by $1.46 Billion Ethereum Hack – Largest Crypto Heist in 2025

Key Takeaways: In a shocking cyberattack, leading cryptocurrency exchange Bybit has suffered a major breach, losing approximately $1.46 billion worth of Ethereum (ETH). This marks one of the most significant crypto hacks in recent history. The Breach: What Happened? Blockchain…

Ethereum Set for Price Surge as Solana Meme Coin Frenzy Fades

Key Highlights: Ethereum Gains Momentum Post-Solana Turmoil Ethereum (ETH) is showing signs of a strong price recovery as the recent turbulence in the Solana (SOL) ecosystem has dampened enthusiasm for memecoins. Following the collapse of several Solana-based meme tokens and…

Bitcoin’s Support Level Holds Key to Crypto Market’s Growth in 2025

Key Takeaways: Crypto Market Poised for Continued Growth The cryptocurrency market has experienced exponential growth over the past two years, with global market capitalization surging from $1 trillion in 2023 to over $3.3 trillion in 2025. Increased adoption, institutional investments,…

Crypto Scandal: Javier Milei’s Libra Token Collapses After $107M Insider Looting

Key Points: A Crypto Catastrophe: Libra Token’s Market Meltdown The highly anticipated launch of the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei, has turned into a financial disaster. Within just three hours of trading, insider wallets…

Crypto Revolution Ahead? David Sacks Teases Game-Changing Policy Shift

Key Highlights U.S. Crypto Policy Set for Big Changes Crypto Czar David Sacks has confirmed that significant announcements regarding U.S. crypto regulations are on the horizon. Regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) and the Commodity…

XRP ETF Filings Gain SEC Recognition, Sparking Market Optimism

Key Points: SEC’s Acknowledgment of XRP ETF Filings The U.S. Securities and Exchange Commission (SEC) has officially acknowledged the filings for XRP-focused exchange-traded funds (ETFs) submitted by asset managers 21Shares and Grayscale. This acknowledgment marks the commencement of a 240-day…

Citi & State Street Bet Big on Crypto Custody

Key Points: Wall Street Embraces Crypto Custody Two of the largest U.S. banks, Citi and State Street, are making a bold move into the digital asset space. Both financial giants have announced plans to offer crypto custodial services, marking a…

Ethereum Set for Massive Surge: Could the Pectra Upgrade Push ETH to $10K?

Key Points: Ethereum Eyes $10K Amid Bullish Market Sentiment Ethereum is gearing up for a significant price rally, fueled by bullish market conditions and the highly anticipated Pectra upgrade. Analysts predict a potential 266% surge, raising hopes of ETH reaching…

Shiba Inu Burn Rate Skyrockets 2000% – Is a Major SHIB Breakout Imminent?

Key Highlights: Shiba Inu Burn Rate Surges, Boosting Market Sentiment The Shiba Inu (SHIB) burn rate skyrocketed 2000% on Friday, sparking optimism among investors despite a broader downturn in the crypto market. According to data from Shibburn, approximately 14.27 million…

Crypto Trader Turns $28M Profit on CZ-Inspired Broccoli Memecoin—Scandal or Genius?

Key Points: A Crypto ‘Sniper’ Strikes Gold A savvy cryptocurrency trader has pocketed a staggering $28 million in profit after investing in Broccoli-themed memecoins inspired by Binance co-founder Changpeng “CZ” Zhao. The trader capitalized on social media hype after Zhao…