The Crypto Fear & Greed Index has plunged into “Extreme Fear” territory, dropping from 49 to 25 in just 24 hours—its lowest level since September 2024. This sharp decline reflects growing uncertainty as the market reels from a mix of macro pressures, major sell-offs, and security concerns. What’s Driving the Market Panic? Massive Sell-Offs – Ethereum (ETH) is down 10%, Solana (SOL) has dropped 14%, and Bitcoin (BTC) has fallen below $93,000. The broader market downturn has triggered nearly $1 billion in liquidations, wiping out overleveraged long positions. Bitcoin ETF Outflows – Over $1 billion has exited Bitcoin ETFs in the last two weeks, signaling reduced institutional confidence. Open interest in crypto futures has also dropped by 5% to $108 billion, reflecting lower risk appetite. Macroeconomic Uncertainty – Investors are on edge after Trump’s announcement of 25% tariffs on Canada and Mexico, raising fears of economic slowdowns. Meanwhile, higher-than-expected inflation data has fueled concerns that the Fed may delay rate cuts, keeping borrowing costs high. ByBit Hack Fallout – The $1.4 billion ByBit hack, one of the biggest exchange breaches in history, has further rattled investors. Although ByBit has covered the losses, the hack has reignited concerns over crypto exchange security, adding to the market’s overall bearish tone. Market Outlook: A Maturing Industry or a Warning Sign? Despite the negative sentiment, analysts point out that the current market reaction is more measured than past crises, such as the FTX collapse in 2022. This suggests that while fear is high, the industry is growing more resilient and better equipped to handle market downturns.

The power of social media in the crypto market was on full display when a simple tweet from WallStreetBulls (@w_thejazz) set off a wave of excitement among XRP traders. The post, which read “True – 100% it will happen “, lacked details but was enough to send XRP’s price surging from $0.65 to $0.72 in just 30 minutes. The immediate reaction was a massive 45% jump in trading volume, with over 1.2 billion XRP traded in the same timeframe. This surge highlights how quickly sentiment can shift in the cryptocurrency market—especially for assets like XRP, which are known for their speculative appeal. XRP Trading Metrics Show Bullish Momentum XRP/USD Open Interest – Increased from 500 million to 650 million XRP, signaling stronger bullish sentiment.XRP/BTC Pair Movement – Gained 2% against Bitcoin, climbing from 0.000015 BTC to 0.0000153 BTC.Volatility Index Surge – Spiked from 60 to 85, reflecting rising uncertainty and market activity. Technical Indicators Confirm Strength RSI (Relative Strength Index) – Jumped from 60 to 75, pushing into overbought territory.MACD (Moving Average Convergence Divergence) – Flipped bullish, signaling potential upside momentum.Active Addresses – Increased 10% to 220,000, showing higher network participation.Average Transaction Size – Rose from 1,500 XRP to 2,000 XRP, indicating larger trades. AI Trading and Market Manipulation? Interestingly, AI-driven trading bots, which account for around 30% of trading volume, likely played a role in amplifying the price movement. These bots react to trending sentiment, meaning a viral tweet like this could have triggered algorithmic buying, accelerating the rally. Is XRP Ready for a Breakout? With resistance at $0.72 now tested, traders are eyeing a potential breakout if XRP can sustain this momentum. If the $0.72-$0.75 range is cleared, analysts suggest XRP could push toward $0.80 and beyond in the near future.

The crypto world was thrown into turmoil after ByBit suffered a massive $1.5 billion hack, marking one of the biggest security breaches in exchange history. As industry experts assess the fallout, key figures like Binance co-founder Changpeng Zhao (CZ), Ledger, and Fireblocks have weighed in on what went wrong and how future breaches can be prevented. How Did the Hack Happen? According to CZ, the ByBit exploit—along with other recent hacks on exchanges like Phemex and WazirX—points to a vulnerability in multisig wallets. These wallets require multiple approvals for transactions, but in this case, hackers disguised their malicious transfer as a routine transaction, tricking authorized signers into approving the theft. CZ’s Warning: “There is a pattern where hackers steal large amounts of crypto from multi-sig cold storage solutions.” He urged exchanges to rethink their reliance on multisig security. Ledger Calls for ‘Clear Signing’ to Prevent Blind Transactions Hardware wallet developer Ledger echoed CZ’s concerns, emphasizing that ‘Blind Signing’ may have played a role in the hack. This process allows transactions to be approved without displaying full details, making it easier for attackers to slip through unnoticed. Ledger’s Solution? ‘Clear Signing’, which ensures transaction details are fully visible before approval, reducing the risk of hidden malicious activity. Fireblocks Suggests MPC Wallets & Off-Exchange Settlement Another major response came from Fireblocks, a Web3 security firm that suggested two key security improvements: Multi-Party Computation (MPC) Wallets: Instead of requiring multiple signatures, MPC wallets split a wallet’s private key among several independent parties, preventing a single compromised input from leading to a full breach. Off-Exchange Settlement: Fireblocks encouraged keeping customer funds in segregated accounts rather than directly on exchanges, reducing exposure to large-scale hacks. What’s Next for Crypto Exchange Security? With ByBit now investigating the breach and vowing to return customer assets, this incident has triggered discussions about how the industry can evolve to prevent future attacks. Will exchanges finally move away from multisig wallets?Will ‘Clear Signing’ become the new industry standard?Are MPC wallets the next big thing in crypto security?

The Pi Network has officially launched its mainnet, marking a major milestone in its journey to make crypto mining accessible to everyone. Unlike traditional cryptocurrencies that require power-hungry mining rigs, Pi Network allows users to mine Pi coins directly from their smartphones—a concept that could reshape how people interact with digital currencies. What Makes Pi Network Different? For years, cryptocurrency mining has been limited to those with expensive hardware and high electricity consumption. Pi Network eliminates these barriers, enabling anyone with a smartphone to participate. This approach democratizes crypto mining, making it more inclusive and accessible. With the mainnet now live, security and decentralization are expected to improve as more users validate transactions, strengthening the network’s reliability. However, the big question remains—can Pi Network achieve widespread adoption and real-world utility? What’s Next for Pi Network? Decentralization & Security – More users are now involved in transaction validation, making the network more resilient. Market Impact – If Pi gains traction, it could challenge traditional cryptocurrencies like Bitcoin and Ethereum in terms of accessibility. Merchant Adoption – The long-term success of Pi depends on whether businesses and consumers embrace it for real-world transactions. Will Pi Network Become a Mainstream Crypto? With its innovative mining model and growing community, Pi Network has the potential to disrupt the crypto space. But its future hinges on gaining real-world utility—without adoption, even the most promising projects can struggle.

Ripple’s XRP is making headlines once again, with market analysts eyeing a potential breakout as speculation builds around a massive price rally to $30. Currently trading at $2.73, XRP is holding steady above key support at $2.50, while resistance at $2.65 and $3.00 remains in focus. But with increasing market interest, analysts believe a decisive move is imminent. Why Is XRP Gaining Attention? Recent discussions between Ripple’s CEO and former U.S. President Donald Trump have sparked rumors that XRP could play a role in a national digital reserve. This speculation has renewed interest in the asset, with some traders predicting a massive rally ahead. Meanwhile, DeepSeek AI’s predictive model suggests XRP could soar to $30 by 2025, citing: Institutional adoption in global finance Expanding market share in foreign exchange transactions Growing optimism in the crypto space Technical Indicators Signal a Major Move Ascending Wedge Formation – XRP has been trading in a tight range between $2.55 and $2.60, signaling a potential breakout. RSI and MACD Momentum – Technical indicators show similar patterns to past surges, with RSI hitting an overbought level of 78 during previous bullish runs. XRP/BTC Pair Strengthening – The XRP/BTC ratio previously surged from 0.000011 BTC to 0.000048 BTC, a sign that investors are accumulating ahead of a potential move. Key Levels to Watch Break Above $2.60 → Likely push toward $2.70+Hold Above $2.50 → Potential retest of $2.65 & $3.00 resistanceDrop Below $2.50 → Possible retracement to $1.78-$2.00 range What’s Next for XRP? With market conditions aligning, increased institutional interest, and speculation surrounding a possible national XRP reserve, the next few weeks could be pivotal.

XRP has been trading in a tight range, showing little volatility as it hovers above its 100-day moving average at $2.3. The market appears evenly balanced between buyers and sellers, creating a period of consolidation that is unlikely to last much longer. The key levels to watch are: Support: $2.3 – Holding steady above this level Resistance: $3 and $2.8 – Crucial barriers to break for a rally 4-Hour Chart Resistance: $2.8 – XRP has struggled to break past this zone Is XRP Preparing for a Breakout? The Relative Strength Index (RSI) is sitting in a neutral zone, indicating a lack of clear direction. However, history suggests that prolonged consolidation often leads to a strong breakout—and based on current market dynamics, the chances of an upward move appear higher. Ascending Wedge Pattern Forming: XRP’s price action has created a gradual upward trend, bouncing between $2.4 support and $2.8 resistance. A breakout from this structure will likely dictate XRP’s next major move. Bullish Breakout Potential: If XRP breaks above $2.8, it could quickly test the $3 level. A successful push past $3 might even put a new all-time high within reach in the coming weeks. Bearish Scenario: If XRP fails to hold $2.3 support, it could see further consolidation before another attempt at upward momentum. What’s Next for XRP? With increasing market interest and XRP’s price stuck in a decisive range, traders are keeping a close eye on a breakout. Whether it soars past resistance or pulls back, this accumulation phase is setting the stage for a significant move.

Dubai-based cryptocurrency exchange Bybit has been hit by one of the largest crypto heists ever recorded, with hackers stealing $1.5 billion (£1.1 billion) worth of digital assets from its Ethereum wallets. Despite the massive breach, Bybit’s founder, Ben Zhou, reassured users that their funds remain safe, stating that any affected accounts will be refunded. The company, which manages over $20 billion in assets, has promised to cover the losses internally or secure a loan from its partners. How Did the Hack Happen? Bybit revealed that the hackers exploited security vulnerabilities in its Ethereum wallet, gaining access to funds before transferring them to an unidentified address. The attack has raised fresh concerns about crypto security, particularly as Bybit is one of the largest exchanges in the world, with over 60 million users globally. The market reacted quickly to the breach—Ethereum’s price dropped by 4%, bringing it down to $2,641.41 (£2,090) per coin on Friday. Breaking Records: The Biggest Crypto Theft Ever? If confirmed, this heist would surpass the previous record set in 2022, when $620 million (£490 million) was stolen from the Ronin Network. It also adds to a long history of major crypto breaches, including: Mt. Gox (2014): $350 million stolen, leading to bankruptcy Binance (2019): $41 million worth of Bitcoin stolen Ronin Network (2022): $620 million hacked in a blockchain gaming-related breach With this latest attack, crypto security is once again under intense scrutiny, just as the industry was hoping to rebuild trust after regulatory progress and growing institutional adoption. Bybit’s Connections to Trump and Peter Thiel Bybit, which was founded in 2018, has had high-profile investors, including former U.S. President Donald Trump and PayPal co-founder Peter Thiel. Interestingly, Trump himself recently launched a digital coin, TRUMP, which saw an initial surge but has since dropped significantly in value. Meanwhile, Elon Musk—who has been a vocal advocate for Bitcoin and crypto—has yet to comment on the incident.