The recent Bybit hack is a geopolitical issue rather than a fundamental flaw in cryptocurrency security, according to Crucible Capital’s Meltem Demirors. Speaking on CNBC’s “Power Lunch ,” Demirors and TrustedSec CEO David Kennedy linked the attack to North Korea’s Lazarus Group , which has a history of targeting digital assets. Kennedy noted that the hack mirrored past cyberattacks that relied on social engineering tactics to compromise developer accounts. “They did a lot of research and a lot of understanding around the exchanges and the infrastructure, as well as how these types of, you know, public and private key cryptography components work,” Kennedy said. The attack targeted Bybit’s Safe Wallet infrastructure and moved funds through a network of 50,000 addresses to obscure transactions. Demirors emphasized that bitcoin’s cold storage security has remained intact, but private key risks are always present in cryptocurrency. However, she pointed to growing industry collaboration in response to hacks. You might also like: FTX’s bankruptcy nears $1B in costs, ranking among the most expensive in history Demirors noted that an attack like this could have severely impacted Bybit in 2022 or 2023, but improved cooperation between security providers, exchanges, and governments has enhanced asset tracking and freezing efforts. Both experts agreed that the attack highlights the need for heightened security but does not undermine Bitcoin’s ( BTC ) investment case. “This is a North Korea issue. It will continue to be North Korea issue,” Demirors stated. “The Trump administration is smart on crypto. They view this not as a crypto issue.” Kennedy added that while cryptocurrency systems are designed to be secure, human vulnerabilities remain the biggest risk. You might also like: Lightchain AI and two other coins set for massive growth in 2025
Key takeaways: THORChain price predictions anticipate a high of $2.25 by the end of 2025. In 2027, RUNE will range between $8.36 and $11.42, with an average price of $9.15. In 2031, RUNE will range between $59.21 and $70.20, with an average price of $62.90. THORChain is a decentralized exchange that allows cross-chain token swaps. This THORChain price prediction adds some spark with many foods for thought. For instance, THORChain is a fundamental innovation for #Bitcoin , creating the most trust-minimized way to buy and sell BTC for other digital assets or stablecoins On-chain, verifiable. The way it was. Wrapped BTC doesn’t suffice. Despite the hacking incidents two years back, the THORChain project has the strength to become the next biggest DeFi project. The market cap is midsize, but it could eclipse Uniswap since it does the same thing but is significantly better. Imagine Uniswap and Pancakeswap combined into one. But, you can stake your RUNE in a liquidity pool to earn interest and get a chunk of the fees. Let’s see the nitty-gritty of an overview of the RUNE coin, price history, and technical analysis before we get into the long-term commentary on THORChain price predictions. Overview Cryptocurrency THORChain Symbol RUNE Current price $1.58 Market cap $554.49M Trading volume $1.26B Circulating supply 351.93M All-time high $21.26 on May 19, 2021 All-time low $0.007939 on Sep 28, 2019 24-hour high $1.65 24-hour low $1.41 THORChain price prediction: Technical analysis Metric Value Volatility (30-day variation) 23.74% 50-day SMA $2.30 200-day SMA $4.25 Sentiment Bearish Fear and Greed Index 21 (Extreme Fear) Green days 13/30 (43%) THORChain price analysis TL;DR Breakdown: THORChain price analysis shows an upward trend at $4.365. Cryptocurrency gained 12.60% in value today. THORChain prices seek support around the $4.363 border. On February 26, 2025, THORChain price analysis revealed a downward trend for the cryptocurrency. The coin value is now $1.56 following the bullish turn in price today. The overall market sentiment is also positive. Considering the rapidly escalating bullish pressure, it rose by 16.46% in value during the day. RUNE/USD 1-day chart analysis THORChain price analysis for the day reveals a bullish trend for the cryptocurrency. The current THORChain price is $1.57. Overall, the market sentiment remains positive following a bear run that began in early January. RUNE/USD 1-day price chart. Source: TradingView The uptrend has helped slow the drop, the chart shows that the coin is now in consolidation with rising positive momentum. The Relative Strength Index (RSI) indicator confirms the ongoing bullish trend. Its value has risen to index 36.98 from the oversold region registered earlier in February. The William Alligator trendlines show its volatility is slowing. RUNE/USD 4-hour chart analysis RUNE/USD 4-hour price chart. Source: TradingView The four-hour price analysis of THORChain shows it is highly bullish with rising volatility. The RSI is just below the overbought region at 64.97. It is considered overbought when it rises above 70. THORChain technical indicators: Levels and actions Daily simple moving average (SMA) Period Value ($) Action SMA 3 2.13 SELL SMA 5 1.87 SELL SMA 10 1.84 SELL SMA 21 1.60 SELL SMA 50 2.30 SELL SMA 100 3.98 SEL SMA 200 4.25 SELL Dail exponential moving average (EMA) Period Value ($) Action EMA 3 1.63 SELL EMA 5 2.00 SELL EMA 10 2.71 SELL EMA 21 3.58 SELL EMA 50 4.53 SELL EMA 100 4.89 SELL EMA 200 4.95 SELL Is THORChain RUNE a good investment? THORChain is a decentralized liquidity exchange, and users can utilize the network to create liquidity pools. Collections of various cryptocurrencies are locked in the form of smart contracts, and the liquidity pools enable a commodity to be bought and sold at prices the assets are worth at that time. These pools are used to transfer coins over different blockchains. RUNE, being the native token of THRChain, definitely has a bright future in the coming years. What can we expect from THORChain price analysis next? THORChain is moving into consolidation, however the market sentiment remains bearish, with higher volatility on the shorter timeframes. Why is THORChain up? RUNE has been recovering rapidly for the past 24 hours. The coin has hiked up to $4.365 amidst rising buying pressure, which triggered a recovery. Moreover, the coin has recovered further in the past few hours. Will THORChain reach $10? Yes, THORChain should rise above $10 in 2027. During that period, its price will range between $8.36 and $11.42. Will THORChain reach $50? Yes, THORChain should rise above $50 in 2031. During that period, its price will range between $59.21 and $70.20. Can THORChain reach $100? THORChain price prediction shows that RUNE prices are unlikely to reach $100 before 2031. What will RUNE be worth in 2025? For 2025, THORChain price prediction suggests a maximum token price prediction of $2.25. The minimum price is expected to align at $1.26, with the year’s average trading price estimated at around $1.45. Does THORChain have a future? According to market analysts, the RUNE cryptocurrency price forecast 2025 indicates that THORChain has a promising future and may surpass $15 in 2027. According to the RUNE price prediction for 2030, the coin may reach its highest price of $56.22. Recent news According to @MistTrack_io, the Bybit exploiter that saw the exchange lose $1.4B worth of ETH, has successfully bridged over 70,000 ETH to Bitcoin using THORChain. This movement could indicate a shift in strategy by the exploiter, potentially impacting Bitcoin and Ethereum liquidity and market dynamics. THORChain RUNE price prediction March 2025 For March, the THORChain price prediction shows the coin’s ability to swing wildly; the anticipated minimum value of RUNE is $1.32. The price may jump to $1.98, but the average trading price of $1.58 is expected throughout the month. Month Potential low ($) Potential average ($) Potential high ($) March 1.32 1.58 1.98 THORChain price prediction 2025 For 2025, THORChain price prediction suggests a maximum token price prediction of $2.25. The minimum price is expected to align at $1.26, with the year’s average trading price estimated at around $1.45. Year Potential low ($) Potential average ($) Potential high ($) 2025 1.26 1.45 2.25 THORChain (RUNE) price prediction 2026 – 2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 4.06 4.21 6.19 2027 8.36 9.15 11.42 2028 14.94 15.41 19.34 2029 27.19 29.22 34.27 2030 36.88 38.05 44.38 2031 59.21 62.90 70.20 THORChain price prediction 2026 THORChain price prediction shows that the coin is expected to experience more bullish momentum in 2026. According to the predictions, it will range between $4.06 and $6.19, with an average price of $4.21. THORChain price prediction 2027 The THORChain price prediction climbs even higher in 2027; experts suggest the coin’s price will range between $8.36 and $11.42, with an average price of $9.15. THORChain RUNE prediction 2028 The RUNE price forecast suggests further accelerating RUNE ’s growth by 2028. According to the THORChain price prediction, the token price will range between a minimum THORChain’s price of $14.94 and a maximum price of $19.34. The average price for the year will be $15.41. THORChain price prediction 2029 According to the THORChain forecast for 2029, the price of RUNE will reach a maximum and minimum of $34.27 and $27.19, respectively, with a year-round average of $29.22. THORChain price prediction 2030 The THORChain price prediction for 2030 indicates a price range of $36.88 to $44.38 and an average RUNE price of $38.05. THORChain price prediction 2031 The THORChain price forecast for 2031 sets the high at $70.20. The lowest price for the year will be $59.21, and the average price will be $62.90. THORChain price prediction 2025 – 2031 THORChain market price prediction: Analysts RUNE price forecast Platform 2025 2026 2027 Digitalcoinprice $3.38 $4.05 $5.28 Coincodex $1.98 $1.20 $1.29 Gate.io $1.64 $2.04 $2.34 Cryptopolitan’s THORChain RUNE price prediction At present, market sentiment is bearish for THORChain, but it presents the potential to be bullish in the future. According to our predictions, RUNE could achieve a high of $2.25 in 2025. In 2027, it’s expected to maintain a trading range of $8.36 – $11.42, with an average of $9.15. Note the predictions are not investment advice. Seek independent professional consultation or do your research. THORChain RUNE historic price sentiment THORChain RUNE price prediction When RUNE was initially listed on the open market in 2019, its value was $0.01577 on June 25 of the same year. There was some movement up and down but, by the end of the following year, it was worth $1.17. Early 2021 was a very good time for cryptocurrency and THORChain was able to follow suit, reaching an all-time high of $21.26 on 19 May 2021. Regretfully, the market fell later that day, and RUNE had a miserable summer. Even so, there was a slight rebound later in the year; on November 2, it hit a high of $17.26, but then fell back to conclude the year at $6.80. If 2022 proved to be a poor year for cryptocurrencies overall, RUNE has had to follow the broader market trend as a whole throughout time. Things collapsed even though it rose sharply during March, peaking at $13.15 on March 31. After several market crashes, it hit a low of $1.45 on June 18, 2022. Following the dip, there was a slight recovery, and on August 11, 2022, its value was $3.14. Then it was time to plummet once more, and on November 9th, the collapse of the FTX (FTT) exchange caused a slump to turn into a crash, with the price falling below $1.01. Following that, there was a slight rebound, and in December 2022, its value was approximately $1.34. In 2023, RUNE served typical highs and lows trading in a range of $0.835 to $1.8 from January to June. RUNE jumped above $1.4 again in August 2023, while going above $2 in October. In December, the RUNE price increased to $6.69, but it closed the year in the $5 range. 2024 started with a period of correction over the month of January. In February, the coin started a bullish cycle again, and its price peaked at $10.3 on March 15. RUNE’s value plummeted to $4.7, losing more than 50% of its total value by April 2024, but its price increased to $6.8 in May. A downslide was observed during June and July when RUNE slid to $3.4 from $6, losing 50% again this time. In August, RUNE started recovering and managed to reach a high of $7.56 in December. In 2025, the uptrend reversed and by the end of January it had fallen below $2.50. The drop continued into February as it fell below $1.70.
Solana’s recent price movement has sparked discussions about its potential bounce back from the critical $130 support level, especially as market sentiment wanes. As SOL reaches a key Fibonacci retracement
Crypto analyst Bithereum, who predicted the Dogecoin price crash below the $0.2 level, has revealed the rest of his forecast for the foremost meme coin. Based on this, DOGE could soon witness a bullish reversal and rally to its local high of $0.45. What Next For The Dogecoin Price In a TradingView post , Bithereum revealed that the Dogecoin price was moving inside a falling wedge and could test the support level of $0.20197 and the ultimate support zone. This eventually happened with Dogecoin dropping to as low as $0.2 following the recent market crash . The crypto analyst further suggested that the Dogecoin price could rebound to $0.2 following the crash. He advised market participants to set their buy orders at this level and revealed that the targets for a potential rebound are $0.30998, $0.37154, and $0.45918. His accompanying chart showed that a rebound to as high as $0.45918 could happen between now and March. Indeed, this Dogecoin price rebound could be imminent, especially with crypto analysts like Kevin Capital suggesting that the Bitcoin price could soon rebound. Given the strong price correlation between both coins, DOGE would likely reverse to the upside as the Bitcoin price rebounds . A Dogecoin price rally to the local high of $0.45 is significant as it could pave the way for a further rally to DOGE’s current all-time high (ATH) of $0.7. Crypto analyst Basic Trading also recently predicted that Dogecoin could reach as high as $5 if it successfully reclaims the $0.5 price level. He made this prediction based on his belief that the foremost meme coin could replicate its previous bull cycle performances in this market cycle. More Reasons Why DOGE Could Rebound From This Level In an X post, crypto analyst Trader Tardigrade revealed that DOGE’s 100 Exponential Moving Average (EMA) is supporting the Dogecoin price well. The analyst highlighted similarities between the current price action and last year’s, around this same period. His accompanying chart suggested that Dogecoin could rebound like it did in 2024. This time, he predicts that the foremost meme coin could rally to as high as $1.7 as it records a bullish reversal. Meanwhile, crypto analyst Master Kenobi noted that the Dogecoin price is at a critical trend line that has consistently provided support over the past year. This trend line also acted as the launchpad for the rally that started precisely one year ago. The crypto analyst added that DOGE’s Relative Strength Index (RSI) is at its lowest point since March 2023. In line with this, he remarked that there are plenty of reasons to anticipate a strong reversal. At the time of writing, the DOGE price is trading at around $0.21, up in the last 24 hours, according to data from CoinMarketCap.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . Bitcoin sits more than 20% off the all-time high it hit last month. And yes, US bitcoin ETFs saw a record outflow day yesterday. There’s been plenty of red elsewhere too, as Casey pointed out in recent stock market coverage. But that doesn’t mean a rebound isn’t coming, right? Though BTC had dropped further Wednesday ($84,200 at 2 pm ET), the S&P 500 and Nasdaq Composite indexes were each basically flat. “Bull markets peak amid excessive leverage, retail euphoria and falling BTC dominance — not compressed funding rates,” 21Shares crypto research strategist Matt Mena said in a report. “Liquidations reset overleveraged positions, creating healthier uptrends as traders re-enter post-shakeout,” he added. The memecoin token frenzy (i.e. $TRUMP ) suggests mid-cycle speculation, aligning with 2020-2021 patterns, Mena noted. Blockworks’ Katherine Ross wrote this morning that recent token launches have indeed “contributed to the larger exhaustion.” Bitwise research head Ryan Rasmussen countered with this: So @Matt_Hougan & I just presented the case for bitcoin to 350 wealth managers (JPMorgan, Wells Fargo, etc.). 53% plan to allocate to crypto in client accounts (including 33% in the next six months). Memecoin nonsense can’t stop this train. — Ryan Rasmussen (@RasterlyRock) February 25, 2025 The M2 money supply has been growing since mid-January and quantitative tightening could soon reach “a natural end,” Mena wrote in his report. One more thing the 21Shares exec points out: The Pi Cycle Top Indicator — tracking bitcoin’s 111-day simple moving average against a 2x multiple of the 350-day SMA — hasn’t yet signaled a market peak. LMAX Group’s Joel Kruger called out traditional markets, where risk appetite has cooled off given global trade tension and a more hawkish outlook from the Fed. “We believe correlations between bitcoin and traditional risk assets can be misleading, with bitcoin easily capable of generating sizable demand as an attractive portfolio diversification asset given properties that align more with that of a store of value,” he argued. There’s “formidable support” for BTC in the $70,000-$75,000 zone. That, Kruger believes, “should serve as an attractive higher low ahead of the next major upside extension and bullish continuation to a fresh record high beyond $110,000.” Beyond price, YouHodler markets chief Ruslan Lienkha spoke to how last week’s Bybit hack could affect institutional confidence in centralized exchanges. It won’t have a major impact, he thinks, as security breaches more significantly affect retail traders who rely heavily on CEXs for trading and asset storage. “Institutions typically adhere to strict treasury management rules and allocate only the necessary liquidity to CEXs for routine transactions,” he said in an email. “Large-scale institutional trades are often conducted through OTC markets, while long-term holdings are kept in secure, self-custodied solutions.” And in case you missed it, the SEC closed its multi-year investigation into Uniswap Labs. It won’t pursue any enforcement action, the company said . That follows the securities regulator telling Coinbase last week it would drop its case against the crypto exchange (still to be finalized) . Robinhood and OpenSea also revealed this week the SEC was ending probes into the companies. So not all things are on the up and up. But there are places to hang your hat. We’ll see what we’re saying after today’s Nvidia earnings, tomorrow’s initial jobless claims and the Friday PCE data drop. Get the news in your inbox. Explore Blockworks newsletters: Blockworks Daily : The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam. Empire : Start your day with top crypto insights from David Canellis and Katherine Ross. Forward Guidance : Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. 0xResearch : Get alpha directly in your inbox — market highlights, charts, degen trade ideas, governance updates, and more. Lightspeed : All things Solana, in your inbox, every day from Jack Kubinec and Jeff Albus. The Drop : The newsletter for crypto collectors and traders, covering games, tokens, apps, memes and more.
Bitcoin’s recent plunge to $88,000 has sparked significant panic within the market, drawing attention to the behaviors of both short-term and long-term holders. As traders react to this volatility, mixed
UK Government Proposes Bill to Recover Proceeds of Crypto Crime Strengthening Legal Capabilities The UK government has laid before parliament the Crime and Policing Bill, which strengthens the country’s ability to recover and confiscate cryptocurrency assets used in criminal activities. This is at a time when there are growing fears that digital currencies have been exploited to enable organized crime, fraud, and money laundering. The bill broadens the jurisdiction of UK courts by setting out precise procedures for the valuation and confiscation of cryptocurrency linked to crime. The Crown Court will gain increased authority to issue orders for seizure, enabling the police to move rapidly against criminals attempting to hide assets in digital wallets. The legislation also deals with broader criminal justice issues, such as anti-social behavior, sexual crimes, public order, and terrorism, but specifically targets dealing with financial crimes via cryptocurrency. Crypto-Specific Measures One of the most important provisions in the bill is the destruction of seized cryptocurrency assets. When a court orders digital assets to be destroyed, their value at the time of destruction will be recorded, leaving space for the possibility of adjustment in case of changes in the value. The provision takes into consideration that even where crypto assets are lost or removed, their financial worth is still recorded in court documents. Additionally, Section 215ZA of the bill modifies existing confiscation order law. The modification replaces references to the magistrates’ court with the proper court, making the Crown Court have jurisdiction for cryptocurrency seizures. This modification harmonizes crypto-financial crime enforcement with other asset seizures of high value. Enhancing Confiscation Procedures The Crime and Policing Bill aims to streamline and strengthen how the police handle criminally obtained cryptocurrency. Through clearer legal guidelines on seizure, valuation, and recovery, the UK government is attempting to deter criminals from using the decentralized nature of digital currency. Also, the amendments will increase the ability of courts to tackle confiscation orders such that cryptocurrency can be efficiently traced and retrieved. With cryptocurrency becoming more engaged in financial crimes, this bill is a significant move towards overhauling the UK’s legal system to tackle new threats in the crypto space. If enacted, the bill will give powers to the authorities to act more firmly against criminals employing cryptocurrency, solidifying the UK’s position on fighting digital financial crimes.
Bitcoin ETFs are experiencing significant outflows as the market grapples with falling crypto prices amid heightened macroeconomic uncertainty. On Tuesday, spot Bitcoin exchange-traded funds (ETFs) witnessed over $1.1 billion in
Bitcoin investors are bracing for further declines as the recent decline in the BTC price has led to increased hedging activity, according to some analysts. As the so-called “Trump coup” fades in financial markets, Bitcoin options data suggests investors are positioning themselves against a potential drop to $70,000, a level last seen shortly after the U.S. election. Bitcoin has fallen nearly 20% from its all-time high since Donald Trump took office in January. Trump’s confrontational approach to geopolitical allies and rivals has fueled the decline, making investors nervous. Additionally, concerns about persistently high inflation have further weighed on market sentiment. The cryptocurrency sector also suffered a major setback last week when the Bybit exchange was hacked to record levels. Related News: Bybit Hack Gets Complicated - Binance Founder Changpeng Zhao Issues New Statement on the Attack “Tariff policies are further deteriorating the outlook and stubbornly high near-term inflation expectations are adding to the overall caution,” said Chris Newhouse, research director at Cumberland Labs. “The Bybit exchange hack has added additional downward pressure on the price and weighed on sentiment.” The four-day drop of nearly 13% is the biggest drop since August. “Ethereum in particular has felt the brunt of the Bybit incident, driving up volatility,” Newhouse said, adding, “Solana itself is giving up gains seen over the last few months, catalyzed by the pause in the memecoin craze.” As investors move in an increasingly cautious environment, many are choosing to wait and exit cryptocurrencies amid market uncertainty. “The crypto market is still searching for a new catalyst to reverse the downtrend,” said Ravi Doshi, co-head of markets at crypto brokerage FalconX. *This is not investment advice. Continue Reading: Analysts Speak After the Decline: What Do They Expect in Bitcoin? What Does Options Data Show?
Bitcoin prices are experiencing significant declines due to economic uncertainty. Trump's tariffs and digital tax policies are leading to market chaos. Continue Reading: Bitcoin Prices Plummet as Economic Turmoil Unfolds The post Bitcoin Prices Plummet as Economic Turmoil Unfolds appeared first on COINTURK NEWS .