Crypto News
Bitcoin Now Has a Trustless Bridge to Ethereum Through Arbitrum L2
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they’ve spent 15 years starving for," said the CEO of BTC OS.Source link
Bitcoin Drops Below Key 2025 Realized Price Level, Raising Risk of Further Downside: Van Straten
The average withdrawal price of bitcoin (BTC) from exchanges in 2025 currently stands at $100,356. At present, bitcoin is trading just below this level, hovering around $98,000. The concern arises when bitcoin falls below the average withdrawal price for a sustained period of time, as this can often trigger continued selling and more downward price pressure. Historically, this metric has served as a strong support level for bitcoin. Busting below this support, however, does not necessarily indicate a bear market or sustained declines, as bitcoin historically reclaims this price level quickly. In 2024, for example, bitcoin repeatedly tested its average withdrawal price just below $60,000. The price indeed did briefly dip below this level multiple times, most notably in August...
Bitcoin Price Will Rise to $500,000 ‘Before Trump Leaves Office’: Standard Chartered
Standard Chartered predicts Donald Trump’s administration will push Bitcoin to $500,000—closing in on gold’s market cap in the process.Source link
XRP Ledger Experiences Temporary Halt, Recovers Without Losses
Ripple’s XRP Ledger (XRPL) temporarily halted block production for about an hour on Tuesday due to a possible network drift. The network has since fully recovered, with no loss of assets or transactions reported. XRP Ledger Experiences Unusual Halt in Block Production Ripple’s XRP Ledger, one of the longest-running blockchain networks, experienced a rare disruptionSource link
Ransomware Payments Fell 35% in 2024 as More Victims Refuse to Pay: Chainalysis
The ransomware business took a hit in 2024, with payments falling 35% year-over-year, according to a new report from Chainalysis.Though the number of ransomware attacks increased in 2024, ransomware gangs made less money, pulling in $814 million compared to 2023’s record-high sum of $1.25 billion. The blockchain analytics firm attributes the decline to a variety of factors, including an uptick in law enforcement actions and sanctions, as well as a growing refusal by victims to pay their attackers.Last year, less than half of all recorded ransomware attacks resulted in victim payments. Jacqueline Burns Koven, Chainalysis’ head of cyber threat intelligence, told CoinDesk that part of the non-payment trend can be attributed to a growing distrust that complying with attackers’ demands...