DeFi protocol Thorchain suffered two hacks in two weeks, losing over $10 million. The second hacker left a detailed message explaining the vulnerability and criticizing the lack of audits. RUNE dropped ~25%.
Bitcoin and ether posted modest gains, but meme coins stole the show as FLOKI surged over 70% and PEPE climbed 32.7%. The broader crypto market reached $2.6 trillion, while altcoin season indicators remained below the official threshold.
Bitcoin and Ethereum posted moderate gains, but meme coins stole the spotlight as FLOKI surged 70% and PEPE rose 32.7%, helping lift the meme coin sector above $64 billion and the broader crypto market to $2.6 trillion.
Meme coins stole the spotlight as FLOKI surged more than 70% and PEPE gained 32.7%, even as bitcoin and ether posted modest advances. The sector’s sharp rise pushed meme coin market value above $64 billion.
Bitcoin gained 2.3% in January 2025, while most altcoins and meme coins suffered severe losses. AI16Z dropped 78.48%, RUNE fell 71.67%, and the total crypto market cap remains at $3.36T.
Bitcoin jumped more than 15% in three hours and nearly touched $40,000, helping push the total crypto market to $1.53 trillion. Heavy short liquidations and speculation around Amazon’s crypto hiring fueled the rally.
Bitcoin briefly approached $40,000 after a rapid 15% surge, helping lift the total crypto market to $1.53 trillion. Analysts pointed to a major short squeeze and renewed optimism tied to Amazon-related crypto rumors as key drivers.
Bitcoin jumped more than 15% in just three hours, nearly touching $40,000 and lifting the total crypto market to $1.53 trillion. Analysts pointed to a major short squeeze and speculation around Amazon’s crypto ambitions as key catalysts.
