Category: Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

Michael Saylor Stirs Controversy Again With Bitcoin Comments

Summary: MicroStrategy executive chairman Michael Saylor quipped that individuals should “sell a kidney” but hold onto their Bitcoin. His comment comes after Bitcoin fell 19% this month, currently trading at $81,883. With market concerns regarding liquidity, economic uncertainty, and trade tensions, investors are nervous.

Saylor, whose company holds nearly 500,000 BTC, refuses to sell despite MicroStrategy’s $8 billion debt. His tweet got mixed reactions—some laughed, while critics like Peter Schiff called him reckless. This isn’t the first time Saylor has made bold Bitcoin claims; in 2021, he urged people to mortgage their homes for BTC

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Beyond social media, he’s been lobbying U.S. lawmakers to establish a Bitcoin reserve, arguing it could strengthen the country’s financial future. He even tried to get Jeff Bezos interested, calling Bitcoin the key to free markets and personal liberty.

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Despite Bitcoin’s struggles, Saylor remains one of its loudest supporters, willing to go to extreme lengths to convince others to hold on.

Pi Coin Drops 25%—KYC Deadline Sparks Market Panic

Pi Coin crashes 25%, recovers slightly. KYC deadline looms. Crypto market shaky. Can Pi bounce back, or more pain ahead?

Pi Coin just took a major L, crashing 25% in a single day before slightly recovering to $2.41 (still down 12%). The market cap sits at $14.05B, but the 24-hour trading volume dropped 55%, signaling serious uncertainty.

This comes right as today marks the final KYC deadline for Pi holders. KYC verification is a must to move Pi to the Mainnet, and if too many users miss it, circulating supply could get messed up—meaning price swings are incoming.

But it’s not just Pi feeling the heat. The whole crypto market is shaky—Bitcoin is below $80K, Ethereum lost 7%, and big names like XRP, BNB, and Solana are all down. The $1.5B Bybit hack, U.S. tariff worries, and stricter crypto regulations are making things worse.

Even though Pi Coin is still above its $0.61 all-time low, it’s 20% down from its peak. It pumped 30% on Mainnet launch, then crashed overnight. Some dream of $100 Pi, but that won’t happen without more adoption, listings, and trading volume.

KYC closes today. Pi’s future? Uncertain. Will it bounce back, or is this just the beginning of a bigger crash?

Also Read: Bybit Hacker Moves $605M ETH—THORChain Under Fire as Crypto Heist Sparks Chaos

Bybit Hacker Moves $605M ETH—THORChain Under Fire as Crypto Heist Sparks Chaos

Bybit hacker launders $605M ETH via THORChain. FBI confirms Lazarus Group’s role. Devs quit, crackdown incoming, crypto world on edge.

The Bybit hacker is moving fast, already laundering $605M ETH (54% of stolen funds) through THORChain, a decentralized swap protocol now facing major heat. The $1.5B Bybit hack on Feb. 21 is officially the biggest crypto heist ever, with blockchain sleuths confirming North Korea’s Lazarus Group is behind it.

THORChain’s swap volume soared past $1B after the hack, but backlash came fast. A vote to block Lazarus-linked transactions got overturned, leading to core dev “Pluto” quitting and validator TCB threatening to leave if nothing changes.

Meanwhile, the FBI is stepping in, urging exchanges and validators to cut off Lazarus-linked wallets. But THORChain’s founder John-Paul Thorbjornsen says the protocol isn’t at fault, claiming no sanctioned wallets have interacted with it and blocking funds isn’t realistic.


The hacker remains with $514M ETH, and unless a change of circumstances occurs, they can continue sending money anonymously. This hack also points to an underlying issue—bad actors have the ability to take advantage of decentralized platforms since regulators are playing catch-up. Some fear that this will cause governments to squeeze the crypto tighter, especially privacy-focused platforms.

Crypto’s paying attention. Whatever happens next may reshape the landscape.

Also Read: Trade Anything, But Never Your Bitcoin – Michael Saylor

Trade Anything, But Never Your Bitcoin – Michael Saylor

Michael Saylor joked about selling a kidney to keep Bitcoin as prices crash. He’s still pushing BTC, even meeting lawmakers.

Michael Saylor, MicroStrategy’s executive chairman, just dropped another wild Bitcoin take: “Sell a kidney if you must, but keep the Bitcoin.” He was obviously joking, but the timing couldn’t be more dramatic.

Bitcoin has been in freefall, dropping 19% this month, now sitting at $81,883. The entire crypto market is feeling the heat, thanks to low liquidity, shaky global economics, and Trump’s tariff talks. Investors are panicking, but Saylor? He’s doubling down. MicroStrategy holds nearly 500,000 BTC, bought at $66,350 each, despite the company’s $8 billion debt.

Not everyone is vibing with Saylor’s extreme takes. Peter Schiff roasted him, saying, “First, it was maxing out credit cards, now it’s selling organs? Have you no shame?” Some even thought his tweet was from a parody account.

Beyond memes, Saylor is playing the long game. He’s been meeting U.S. lawmakers to push for a Bitcoin reserve, even pitching the idea to Jeff Bezos. For Saylor, Bitcoin isn’t just an asset—it’s a movement.

Will he be right in the end? That’s the billion-dollar question.

Also Read: Bitcoin Crash Wipes Out $2.16B, Recent Buyers Hit Hardest

Bitcoin Crash Wipes Out $2.16B, Recent Buyers Hit Hardest

Summary: Bitcoin’s price dip below $90,000 triggered $2.16 billion in realized losses, with most of the damage suffered by recent buyers, according to Glassnode. Long-term holders remained largely unaffected.

Bitcoin’s sharp drop on February 25 led to massive losses, particularly for those who bought in just before the downturn. Glassnode’s analysis shows that from February 25 to 27, traders lost over $2.16 billion, with short-term holders bearing the brunt of the crash.

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Investors who bought BTC within a week of the crash suffered the most, losing $927 million—42.5% of total realized losses.Those who purchased during the previous month suffered losses of $678 million (31.3%). Traders who entered just 24 hours prior to the drop contributed $322 million (14%).

Long-term investors fared much better. Those who had BTC for six months or longer lost only $6.5 million (0.3%), while those who had purchased a year ago suffered losses of just $3.2 million (0.15%).

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Glassnode further indicated that February 26 was the largest one-day crypto plunge in 2025 thus far since realized losses reached $1.13 billion 25% larger than the former largest loss on February 3. Although the fall has been precipitous, long-term holders continue to own, while newcomers cannot sell.

FBI Links North Korea to Record-Breaking $1.5 Billion ByBit Hack

Summary: The FBI blamed North Korea’s Lazarus Group for orchestrating the record $1.5 billion ByBit crypto exchange hack. The money was reportedly traded for Bitcoin and other cryptocurrency, with the potential that it will be laundered into fiat.

The FBI officially attributed the hacking of ByBit’s $1.5 billion cyber theft last month to North Korea’s Lazarus Group. In its official statement, the agency spelled out how pilfered assets were laundered through thousands of blockchain addresses by hackers, or “TraderTraitor.”.

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ByBit CEO Ben Zhou confirmed on X that the attack targeted the exchange’s ether cold wallet, leaving all other wallets unaffected and withdrawals functioning as usual. Despite the massive breach, the platform’s total assets remain at $5.3 billion.

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Crypto entrepreneur Mario Nawfal called the ByBit hack the largest crypto heist in history. With North Korean cyber threats escalating, global authorities are intensifying efforts to combat digital asset theft.

Ethereum’s Pectra Upgrade Hits Snag on Testnet, Mainnet Timeline Uncertain

Summary: Ethereum’s much-anticipated Pectra update hit a snag in its Holesky testnet deployment on Feb. 24, holding up the originally planned mainnet debut. Developers are working on a fix, but timing remains unclear.

Ethereum’s Pectra update, heralded for such critical improvements as higher staking thresholds, better scaling, and wallet smart features, has encountered trouble. The upgrade went live on the Holesky testnet on February 24 but ran into a critical finalization issue—nodes failed to agree on the next block, halting progress.

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Georgios Konstantopoulos, a key contributor, explained that the problem stemmed from a bug in the deposit contract address, which disrupted block production.Ethereum coders soon set to work creating a patch and getting back to business.

Despite the glitch, the team remains optimistic. “Glad Reth & Erigon went off without a hitch, and in my opinion, NBD for other teams,” Konstantopoulos said, underlining that the ecosystem is going forward together.

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First, the release was to be done in phases, with Sepolia’s testnet going live on March 5 and mainnet on April. With this delay, however, the timeline becomes cloudy. It is being worked on by developers to be addressed as soon as possible, but the Ethereum community will have to wait slightly longer to witness Pectra completely rolled out.

DOJ Cracks Down on $LIBRA Crypto Scam as Investors Suffer Huge Losses

DOJ investigates $LIBRA scam after investors lost up to $107M. Key players, including Hayden Davis, are under fire. Even Argentina’s president got dragged in.



The $LIBRA memecoin crash is blowing up, and the DOJ is now on the case. The crypto project, which left thousands of investors across the US, Argentina, and beyond in the dust, is being investigated as a massive scam. Investors are looking at losses between $87 million and $107 million, and criminal charges are on the table.

At the center of it all is Hayden Mark Davis, accused of running the whole operation. Other figures like Julian Peh from Singapore, Mauricio Novelli from Argentina, and Manuel Terrones Godoy (linked to Argentina and Spain) are also under investigation.

It all became worse when Argentine President Javier Milei promoted $LIBRA on social media before the crash and later disassociated himself from it. He even went ahead to call crypto investments gambling. His action has brought forth legal complaints and impeachment demands.

Meanwhile, Davis has gone off the grid in Texas after receiving threats, but not before admitting in interviews that he manipulated $LIBRA’s price and kept investors’ cash—except for one refund.

The case is under the DOJ’s Fraud Section, but if the evidence piles up, we could see the FBI and SEC get involved. With more than 200 investors hoping to get their money back, this could become one of the biggest crypto scandals in years.

Also Read: U.S. Recovers $31M From Uranium Finance Hack, But Many Questions Remain

Bitcoin Falls 4.9%, Dips Below $85K to Lowest Level Since November

Bitcoin tanked 4.9% to $82K, its lowest since Nov. ETFs dumped $1B, altcoins fell, and investor confidence took a hit.

Bitcoin just took a massive hit, dropping 4.9% to $82,242—its lowest since November 2024. After a four-day losing streak, the biggest since August, BTC is now trading around $84,658, according to CoinMarketCap.

So, why the dip? Analysts say a major $1 billion outflow from U.S. spot Bitcoin ETFs is to blame. Institutions seem to be pulling out of their trades, shaking up the market. Peter Chung from Presto Research says investors should keep an eye on two key metrics: CME annualized basis and traditional finance funding rates.

It’s not just Bitcoin feeling the heat—Ether dropped 7.1% to $2,317, and other major altcoins like XRP, BNB, and Solana also took a hit. Chris Yu, CEO of SignalPlus, pointed out that Bitcoin’s implied volatility is down, meaning speculators are losing faith in short-term gains.

Even with Trump’s election fueling past crypto gains, regulatory uncertainty is slowing things down. Companies like MicroStrategy are facing increased scrutiny, making the market even shakier. For now, investors are left wondering when Bitcoin will bounce back.

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Ethereum Crashes to $2,300 but Analysts See a Massive Rally Ahead

Summary: Ethereum’s price fell to $2,300, a 13% depreciation within a 24-hour period. This decline did not deter experts, though, who think it may revert to $8,000 or even $10,000 within the coming months.

Ethereum’s price was severely hurt and went to $2,300 as Bitcoin dipped below the $90,000 mark upon the United States weekly market open. The quick dip, during which ETH decreased over 13% in just a single day, has stunned traders.

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According to CoinMarketCap, ETH is now trading at about $2,420 after going as low as $2,330 earlier in the day. Although Ethereum hasn’t been able to hit new highs, unlike Bitcoin and some of the world’s leading cryptos that enjoyed record-breaking price rallies late in 2024 and early in 2025, market sentiment has slowly been becoming more positive.

Some analysts believe Ethereum is set to recover well, with some calling for a rally to $8,000. Some traders even foresee ETH bursting past $10,000, cementing its status as a leading player in the DeFi space.

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Now, Ethereum is attempting to recover from its recent downfall, trending against the $2,600 to $2,800 level. But the most important job is to break the $3,000 resistance line before it can sustain with the rest of the market rally.

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