The post Why Is Moscow Exchange to Launch Solana, XRP, and TRX Futures Now? appeared first on Coinpedia Fintech News

Recently the prices across the altcoin market remain under pressure. Yet a major institutional catalyst has emerged for the top blue chips of the industry. Moscow Exchange’s plans to launch cash-settled futures for Solana, XRP, and TRX adds regulated exposure at a time of heightened volatility, reshaping how these assets are viewed within long-term market frameworks.

MOEX Expands Crypto Derivatives Beyond Bitcoin and Ethereum

Moscow Exchange (MOEX) is preparing to broaden its regulated crypto derivatives lineup by introducing cash-settled futures linked to Solana, XRP, and TRX. The move extends the exchange’s existing Bitcoin and Ethereum offerings and aligns with its strategy to deepen institutional access to digital asset exposure in Russia.

Russia's Moscow Exchange announces plans to launch cryptocurrency indices for Solana, Ripple, $XRP and Tron by the end of 2026, signaling further crypto market integration in the country. pic.twitter.com/afvbVYhSjv

— Xaif Crypto| (@Xaif_Crypto) February 3, 2026

Initially, MOEX plans to launch indices tracking these altcoins, which will then serve as the underlying benchmarks for futures contracts. At the same time, settlement will be conducted entirely in Russian rubles, removing any need for physical cryptocurrency delivery and simplifying compliance requirements.

Regulatory Guardrails Shape Market Structure

Access to the new futures contracts will be restricted to qualified investors under Russian law. Meanwhile, contract specifications are expected to mirror MOEX’s existing crypto products, with monthly expiries and standardized risk controls.

JUST IN: Russia to roll out crypto regulatory framework this July, allowing retail participation. pic.twitter.com/rSGoesFBzK

— Bitcoin Magazine (@BitcoinMagazine) January 29, 2026

This structure reflects a broader regulatory direction. The Russian government is working toward a comprehensive digital asset framework expected by July 1, 2026, positioning regulated derivatives as a controlled gateway for institutional participation rather than direct spot market exposure.

Institutional Credibility Versus Short-Term Market Stress

From a market context perspective, the announcement arrives during a sharp correction across the altcoin sector. While, prices for Solana, XRP, and TRX have all been influenced by broader risk-off sentiment rather than asset-specific fundamentals.

Still, promises for derivatives listings on national exchanges is a longterm. This broadly signal a shift in how assets are classified. Rather than speculative instruments, they begin to function as monitored financial products within formal trading ecosystems. That said, futures markets also introduce leverage and hedging dynamics, which can amplify volatility in the short term.

Sentiment Reset and Long-Horizon Positioning

At the same time, the current drawdown appears more consistent with a cooling phase than a structural breakdown. Market participation has thinned, forced liquidations have slowed after the event, and volatility is gradually normalizing.

Breaking developments such as MOEX’s futures expansion may not immediately reverse price trends. However, they do open the possibility of renewed interest once bearish pressure fades, particularly among long-term investors assessing regulated exposure and liquidity pathways rather than short-term price action.

How Futures Listings Could Influence Market Behavior

From an analytical perspective, regulated futures introduce price discovery mechanisms that operate independently of spot markets. For Solana, XRP, and TRX, this may gradually influence how capital flows react during future market cycles.

While price recovery is never guaranteed, the introduction of these contracts places the trio within a more formal derivatives framework. The presence of MOEX futures suggests that Solana, XRP, and TRX are increasingly treated as enduring components of the crypto market rather than transient narratives, reinforcing their standing within long-term structural discussions.

The post Why is Crypto Crashing Again Today and What’s Next? appeared first on Coinpedia Fintech News

The crypto market is under pressure again, with prices sliding sharply during the latest trading session.

Total crypto market value has dropped 3.24% to $2.57 trillion, wiping out nearly $50 billion in a matter of hours. The selloff accelerated after the U.S. market opened, when Bitcoin suddenly fell by around $1,700.

Liquidations Add Fuel to the Drop

The sharp move triggered heavy liquidations.

• Over $55 million in long positions were liquidated in just two hours
  
• Traders betting on higher prices were forced out, pushing prices even lower
  

This happened despite positive news around the U.S. government shutdown, showing that market sentiment remains fragile.

Bitcoin and Ethereum Lead the Decline

• Bitcoin fell more than 4% in 24 hours, trading near $75,700
  
• Ethereum dropped over 6%, falling to around $2,220
  
• Major altcoins like XRP, Solana, and Cardano also moved lower
  

Fear remains high, with the Crypto Fear & Greed Index stuck at 17, deep in “extreme fear” territory.

ETF Outflows and Weak Confidence

One key pressure point has been continued selling from institutional products.

• U.S. spot Bitcoin ETFs have seen about $2.8 billion in outflows over the past two weeks
  
• This steady selling has drained confidence and reduced buying support
  

Oversold conditions and low liquidity made the market vulnerable to sudden drops.

Ethereum at a Turning Point

Ethereum has broken below an important support level, adding to the bearish mood.

• Short-term price trends remain weak
  
• Longer-term trends are still pointing higher
  
• Investors are now watching for a strong support zone to hold before any recovery can begin
  

Analysts say that Ethereum could still outperform Bitcoin later in the cycle, but only if broader market conditions stabilise.

A Sharp Contrast: Gold and Silver Surge

While crypto struggled, traditional safe-haven assets surged.

• Gold is up 11% from its recent low, adding more than $3 trillion in value
  
• Silver has jumped nearly 20%, adding around $800 billion
  

Together, nearly $4 trillion flowed back into precious metals in just 30 hours, a possible sign that investors are seeking safety.

What Should Investors Watch Next?

The next major catalyst will be the upcoming U.S. Federal Reserve meeting, which could set the tone for global markets.

Looking ahead, some research firms have warned that if selling pressure continues and no new catalysts emerge, Bitcoin could slide further and could even hit $58000, with long-term support levels coming into focus.

The post Ethereum No Longer Needs Its Layer-2 Crutches, Says Founder Vitalik Buterin appeared first on Coinpedia Fintech News

Ethereum founder Vitalik Buterin said the blockchain’s long-standing approach to scaling through layer-2 networks needs a rethink, as Ethereum’s core network grows faster than expected and many secondary chains struggle to meet earlier goals.

In a detailed post, Buterin said two developments have weakened the original case for treating layer-2 networks, or L2s, as extensions of Ethereum itself.

First, progress by L2s toward full decentralisation and security has been “far slower and more difficult” than expected. Second, Ethereum’s main network is now scaling directly, with transaction fees falling sharply and major increases in capacity planned from 2026 onward.

Together, those shifts mean the original vision for L2s “no longer makes sense,” Buterin said, calling for a new framework to define their role in the ecosystem.

From ‘Ethereum Shards’ to Independent Chains

Ethereum’s original roadmap imagined L2s as “branded shards” — tightly integrated networks that would inherit Ethereum’s security and censorship resistance while dramatically increasing transaction capacity.

But that vision has not materialised.

Some L2 developers have openly said they may never move beyond partial decentralisation, citing technical limits or regulatory demands that require retaining control. While that approach may suit certain users, Buterin said it does not align with the goal of scaling Ethereum itself.

“If you are doing this, then you are not scaling Ethereum in the sense originally intended,” he wrote.

Crucially, Buterin argued this is no longer a problem. Ethereum’s base layer is now expanding on its own, reducing reliance on L2s to deliver growth.

Ethereum’s Base Layer Gains Momentum

Rising capacity on the main network, combined with low fees, has weakened the argument that L2s must serve as near-identical replicas of Ethereum. Instead, Buterin said, L2s should be viewed as a broad spectrum — ranging from chains deeply secured by Ethereum to more independent systems with looser connections.

Users, he added, should decide how much trust or integration they require, rather than assuming all L2s offer the same guarantees.

What L2 Developers Should Focus On Now

Buterin urged L2 projects to define their value beyond simple scaling.

Possible directions include specialised features such as privacy tools, ultra-fast transaction processing, non-financial applications like identity or social platforms, and systems designed for workloads that even an expanded Ethereum mainnet cannot efficiently handle.

For L2s that rely on Ethereum-issued assets like ether, Buterin said a minimum level of security integration remains essential. Beyond that, flexibility — not uniformity — should be the goal.

A Push for Stronger Native Integration

On Ethereum’s side, Buterin said he has grown more confident in a proposal known as a “native rollup precompile” — a built-in feature that would allow Ethereum itself to verify advanced cryptographic proofs used by L2s.

Such a tool, he said, would reduce reliance on external security committees, improve trustless interoperability, and make it easier for L2s to build safely while adding unique features.

If flaws emerge, Ethereum would take responsibility for fixing them through network upgrades, bringing trust in the system.

Clear Guarantees, Not Perfect Uniformity

Buterin acknowledged that a more open approach will inevitably lead to some L2s being less secure or more centralised than others. That, he said, is unavoidable in a permissionless ecosystem.

“Our job,” Buterin wrote, “should be to build the strongest Ethereum that we can.”

The post After the Crash, XRP’s Next Move Is Starting to Matter appeared first on Coinpedia Fintech News

XRP is showing tentative signs of stabilization after one of its sharpest pullbacks in recent months, even as broader crypto markets remain under pressure. For investors and experts, the focus is now shifting from panic-driven selling to whether prices are beginning to form a durable base.

How Far XRP Has Fallen

From its recent cycle high, XRP has declined by roughly 54%, a magnitude of correction that has historically preceded periods of consolidation or recovery rather than prolonged declines.

According to an expert, during the latest market-wide selloff, XRP briefly dipped toward recent lows but avoided setting a new breakdown point. Instead, prices rebounded quickly, suggesting that buyers are stepping in earlier than before.

This matters because in previous XRP cycles, declines in the 50–55% range have often marked exhaustion of selling pressure.

A Difference This Time: Higher Lows

While Bitcoin and Ethereum both pushed to new short-term lows during the latest drop, XRP did not.

• XRP held above its prior low
  
• This formed a higher low, a classic sign that downside momentum may be weakening
  
• Buying interest appeared faster and more consistent on the rebound
  

For investors, this relative strength is important. It could mean that XRP is being accumulated at current levels rather than aggressively sold into weakness.

Short-Term Price Levels Investors Are Watching

XRP is now trading in a narrow recovery range, with several levels drawing attention:

• Immediate support: The recent rebound zone where buyers stepped in aggressively
  
• Near-term resistance: Around the $1.80 area, which previously acted as a floor before the selloff
  
• Upside target if reclaimed: A sustained move above $1.80 could open the door toward $2.20–$2.30, where selling pressure last increased
  

A decisive break and hold above $1.80 would be an important signal that confidence is returning.

Bitcoin’s Role Remains Critical

Bitcoin is still hovering near a major support zone after its deepest pullback of the cycle. As long as Bitcoin holds these levels, XRP’s downside risk appears limited. A renewed breakdown in Bitcoin, however, would likely drag the entire market lower, regardless of individual strength.

In short: XRP can outperform, but it cannot fully decouple.

Broader Conditions Are Turning Less Hostile

Macro conditions are becoming less restrictive compared with recent months.

• US economic data is pointing to renewed expansion
  
• Expectations are growing for interest rate cuts later this year
  
• Global trade tensions appear to be easing at the margin
  

The post Why Are Bitcoin, Ethereum and XRP Prices Going Down Today Again? appeared first on Coinpedia Fintech News

After a brief recovery yesterday, the crypto market has turned red again.

On Monday, prices moved higher after comments from US President Donald Trump, who said he supports crypto and believes the US must lead in digital assets or risk falling behind China. That statement helped lift market sentiment for a few hours.

But the bounce did not last.

Crypto Market Slips Back Into the Red

At the time of writing, the total crypto market value has fallen 3.95% in the last 24 hours, dropping to $2.62 trillion.

• Market sentiment remains weak
  
• The Fear & Greed Index is at 17, showing extreme fear
  
• Most major coins are still down sharply over the past week
  

Bitcoin, Ethereum and XRP are all trading lower again, along with most large altcoins.

Bitcoin Is Driving the Decline

Bitcoin continues to lead the market lower.

• Bitcoin dominance is near 59%
  
• This means the entire market is closely following Bitcoin’s price moves
  
• When Bitcoin weakens, most other coins fall with it
  

Bitcoin is down more than 11% over the past seven days, keeping pressure on the broader market. Over $55 million worth of long positions were wiped out in just two hours as prices suddenly dropped.

The selloff came despite positive news around the U.S. government shutdown. BTC is currently down by more than 4%.

Ethereum Is Making Things Worse

Ethereum has fallen even harder than Bitcoin.

• Ethereum is down more than 22% in the last week
  
• This sharp drop has hurt confidence across the altcoin market
  
• Many traders remain bearish, with little buying interest visible
  

Because Ethereum has such a large market value, its decline has added to the overall market losses.

Market Is Ignoring Stocks and Gold

Crypto is currently moving on its own, not in line with traditional markets.

• Correlation with the S&P 500 is low
  
• Correlation with gold is negative
  
• This shows crypto is being driven mainly by internal fear and selling pressure
  

What Happens Next?

The market is at a critical level.

• Holding above $2.59 trillion in total market value is important
  
• A break below this level could lead to another sharp drop
  
• Traders are watching US Federal Reserve signals and ETF fund flows for direction
  

Despite supportive comments from political leaders, crypto prices are falling again due to:

• Continued Bitcoin weakness
  
• Heavy losses in Ethereum
  
• Extreme fear among investors
  
• Lack of strong buying demand
  

Until Bitcoin stabilizes and sentiment improves, the market is likely to remain volatile.

The post Canton Network Strengthens Institutional Stack as CC Price Strongly Reacts to Fireblocks Integration appeared first on Coinpedia Fintech News

Canton network price today is trading near $0.189 as fresh institutional infrastructure developments reshape its market context. The catalyst comes from Fireblocks’ integration with the Canton Network, a move that strengthens regulated settlement access while drawing attention to CC/USD at a critical technical juncture.

Fireblocks Integration Alters Canton’s Institutional Narrative

Meanwhile, Fireblocks, which is known and trusted by more than 2,400 enterprises and securing over $5 trillion in annual digital asset transfers has announced a new integration with the Canton Network. The move expands Fireblocks’ regulated infrastructure offerings for tokenization, settlement, and institutional digital asset flows.

The @CantonNetwork is now supported on Fireblocks.

Financial institutions can custody Canton Coin and build on Canton's privacy-enabled infrastructure with the same security and policy controls they use across our platform.

Private settlement. Governed flows. Institutional… pic.twitter.com/uGwvVQXZNa

— Fireblocks (@FireblocksHQ) February 3, 2026

At the same time, the integration introduces custody and operational support for Canton Coin (CC) directly within Fireblocks’ platform. This gives financial institutions a governed and privacy-enabled environment to begin settling assets on Canton using Fireblocks’ enterprise-grade policy controls and workflow automation.

Interest from traditional financial institutions has already been accelerating Canton’s momentum. The network is increasingly being viewed as a preferred infrastructure layer for regulated tokenization, including tokenized securities, deposits, and settlement workflows. That shift places Canton network crypto closer to institutional deployment rather than speculative experimentation.

Regulated Custody Strengthens Market Confidence

That said, custody for Canton Coin will be provided through Fireblocks Trust Company, a qualified custodian chartered by the New York State Department of Financial Services (NYDFS). This structure provides a regulatory-compliant custody framework designed to meet fiduciary and risk management standards expected by large financial firms.

Still, the update also leverages Fireblocks’ MPC security architecture and governance controls. Institutions operating on Canton now gain protections suited for institutional-scale adoption, including key management safeguards and operational oversight. These features are increasingly seen as prerequisites for regulated digital finance participation.

From a market perspective, such developments often influence how participants assess network credibility, even when broader crypto conditions remain uncertain.

Canton Network Price Chart Shows Improving Structure

From a technical perspective, the Canton network price chart suggests that CC/USD has been trending upward from a key support zone. On the daily timeframe, $0.177 has established itself as immediate support after the price flipped the $0.160 level.

Price structure aligns with both an ascending parallel wedge and a developing cup-and-handle formation. The current rally remains contained within the ascending channel, suggesting controlled momentum rather than volatility-driven expansion.

If price continues to respect this structure, the upper boundary of the wedge near $0.220 becomes a level of interest. That zone may act as resistance and could invite a pullback toward the lower channel boundary near $0.140, which would still preserve a constructive longer-term setup. However, a sustained move beyond $0.220 would open the possibility of a broader reassessment in the Canton network price forecast.

Derivatives and Sentiment Data Add Context

Additionally, derivatives data shows total open interest for CC/USD reaching an all-time high of $37.61 million. This indicates increasing participation, even as price action remains technically structured.

Social volume has also been building into Q1 2026, pointing to rising discussion around Canton network crypto. Weighted sentiment metrics suggest that commentary has skewed more positive than negative, reinforcing engagement without signaling speculative crowd behavior.

Taken together, these metrics suggest that the Canton network price is increasingly reflecting infrastructure-driven interest rather than short-term momentum trading, and that the price may tilt on the higher side for a longer span.

The post Why Grayscale-Linked Firms Are Quietly Selling XRP and Solana appeared first on Coinpedia Fintech News

Grayscale-linked entities are quietly reducing their exposure to XRP and Solana as selling pressure builds across the crypto market. Recent US SEC filings show that insiders connected to Grayscale and its parent company, Digital Currency Group (DCG), have offloaded portions of their holdings in XRP and Solana-linked investment products amid a broader market pullback.

The disclosures come as the crypto market grapples with a sharp correction, wiping out nearly $5 billion in value and triggering sustained outflows from several spot and staking-based ETFs.

Insider Sales Signal Defensive Positioning

According to Form 144 filings, Digital Currency Group sold 15,000 shares of the Grayscale Solana Staking Trust (GSOL) on February 2, with the transaction valued at roughly $115,000. The sale was executed through Canaccord Genuity and involved shares initially acquired via a private cash transaction earlier this year.

This was not an isolated move. Over the past week, DCG is reported to have sold a total of 26,000 GSOL shares, signaling a cautious stance as Solana faced mounting downside pressure.

Solana’s price reflected this shift in sentiment, falling nearly 16% over the past week and slipping below the $100 mark, a psychologically important level for traders and long-term holders alike.

Solana ETF Outflows Add to the Pressure

The GSOL product has now recorded outflows for four consecutive trading sessions, with net redemptions totaling approximately $5.5 million. While spot Solana ETFs collectively saw modest inflows on Monday, GSOL itself failed to attract fresh capital, highlighting investor hesitation toward staking-linked exposure during heightened volatility.

The contrast between spot inflows and GSOL stagnation suggests institutions are becoming more selective about risk as price momentum weakens.

• Also Read :
•   XRP Tests Golden Pocket Support After 15% Weekly Drop
•   ,

XRP Sees Even Sharper Institutional Pullback

A similar pattern has emerged in XRP-linked products. DCG International Investments Ltd disclosed the sale of 3,620 shares of the Grayscale XRP Trust (GXRP), worth around $115,000, also executed on February 2. The shares were originally acquired in September 2024 through a privately negotiated deal.

The move follows an even larger reduction last week, when the firm sold 15,000 GXRP shares as XRP dropped below the $1.60 level.

ETF flow data paints a bleak picture. Spot XRP ETFs recorded their largest daily outflow at nearly $93 million, with Grayscale’s XRP product accounting for the majority of redemptions. Additional withdrawals were seen from rival offerings, reinforcing the bearish institutional tone.

What This Means for the Market

While insider selling does not necessarily indicate long-term bearish conviction, the timing is notable. With ETF outflows accelerating and prices under pressure, Grayscale-linked firms appear to be de-risking amid uncertain near-term conditions. For XRP and Solana, institutional confidence may need a clear shift in market structure before meaningful recovery can begin.

FAQs

The post Aster CEO Denies Insider Dumping Amid Token Controversy appeared first on Coinpedia Fintech News

Aster CEO Leonard has denied recent rumors that insiders engaged in token dumping or that Binance founder Changpeng “CZ” controls the project, calling such claims baseless. He emphasized that Aster operates independently with YZi Labs’ investment locked long-term and follows published tokenomics. The DeFi perpetual exchange has completed 254 million token buybacks and burned 78 million, with automated daily buybacks planned. Future plans include deeper liquidity, a privacy‑focused Layer 1 chain, staking, and slowing token emissions to support long‑term growth.

The post Aave Founder Buys £22M London Mansion appeared first on Coinpedia Fintech News

Aave founder Stani Kulechov has acquired a five-story Victorian mansion in London’s Notting Hill for £22 million (about $30 million), one of the few high-value property deals in the city’s luxury market over the past year. The purchase, completed in November, was roughly £2 million below earlier price guidance amid a slowdown in London’s high-end housing sector caused by higher taxes and reduced incentives for foreign buyers. The mansion offers extensive panoramic views and underscores continued global interest in prime real estate.

The post Elon Musk’s X Offices Raided in Paris Cybercrime Probe appeared first on Coinpedia Fintech News

French authorities, including the Paris prosecutor’s cybercrime unit, CyberGEND, and Europol, raided Elon Musk’s X offices in Paris over alleged cybercrimes. The probe targets offenses such as distributing child sexual abuse material, pedophilic deepfakes, grooming minors, and data mishandling. The raid follows a 2025 investigation into Grok-generated non-consensual content. Elon Musk and X CEO Linda Yaccarino were summoned for questioning in April. The action underscores growing EU pressure on X regarding AI safeguards and content moderation.

The post HashKey Exchange to Launch SUI/USD Trading in Hong Kong appeared first on Coinpedia Fintech News

HashKey Exchange, Hong Kong’s largest regulated crypto trading platform, will launch the SUI/USD spot trading pair and open over‑the‑counter trading at 16:00 HKT on February 4, 2026. Both the spot and OTC markets will be available only to professional investors, with the OTC marketplace offering real‑time quotes from top liquidity providers. SUI token deposits and withdrawals are already live, letting investors fund accounts ahead of launch. The move expands HashKey’s compliant trading options and supports growing institutional interest in SUI.

The post Elon’s xAI Is Hiring Crypto Experts to Train AI Trading Models appeared first on Coinpedia Fintech News

Elon Musk’s AI company xAI is hiring crypto specialists to train its AI on trading and digital asset strategies. The roles require expertise in on-chain analysis, DeFi, derivatives, arbitrage, MEV, quantitative methods, and risk management. These remote positions pay $45 to $100 per hour for US applicants outside Wyoming and Illinois and require a master’s, PhD, or equivalent experience. The move has been welcomed by crypto communities as a step toward mainstream adoption, with some joking that Bitcoin is now the currency of AI.

The post ING Deutschland Opens Crypto ETP Investing for Retail Clients appeared first on Coinpedia Fintech News

ING Deutschland, one of Germany’s largest retail brokers, has opened up new ways for ordinary investors to buy and sell crypto exchange‑traded products (ETPs) through its standard securities accounts. The bank’s Direct Depot now includes Bitcoin, Ethereum, and Solana ETPs, as well as crypto index products, all provided by major issuers such as 21Shares, Bitwise, and VanEck, and traded on regulated markets. These ETPs are physically backed, letting clients gain exposure to digital assets without managing wallets or private keys, while relying on familiar banking infrastructure. ING says this move aims to lower barriers to crypto investing while using familiar banking infrastructure.

The post BTC Price Enters a Reset Phase After $74,500 Crash Shakes Market Structure appeared first on Coinpedia Fintech News

BTC price fell sharply to $74,500 over the weekend following a sudden escalation in geopolitical tensions and a sharp rally in the US dollar. The violent move was cruelly responsible for erasing billions in market value, triggering forced liquidations and exposing fragile leverage across crypto markets as risk appetite abruptly vanished.

BTC Price Breakdown Fueled by a Liquidity Shock

The weekend sell-off marked one of the most aggressive downside moves in recent months and as experts hoped for a positive Q1 2026 it didn’t went as planned. As thin liquidity conditions amplified volatility as Bitcoin became a source of immediate liquidity rather than a defensive asset. Contrary to safe-haven expectations, BTC price USD moved in tandem with risk assets like ETH, XRP, and others as traders rushed to reduce exposure.

At the same time, President Donald Trump’s anger over the current Fed chair, Jerome Powell, led to the nomination of Kevin Warsh to the Federal Reserve, which further strengthened the dollar. This surge cruelly pressured traditional hedges as well, with gold and silver experiencing sharp declines post news. In light of this news, automated sell orders cascaded across crypto assets, accelerating the downside.

From a BTC price chart perspective, the speed of the drop suggested forced selling rather than discretionary exits, with leveraged long positions bearing the brunt of the move.

Retail Distribution vs Whale Accumulation

Beyond price action, on-chain data presents a more complex picture. Santiment metrics indicate that retail wallets holding fewer than 1,000 BTC were responsible for the crash as they have been steadily reducing exposure for over a month. This persistent selling aligns with fear-driven behavior often observed during sharp drawdowns.

Meanwhile, larger holders tell a different story. Wallets holding between 1,000 and 10,000 BTC have continued accumulating during the decline. This divergence suggests that while sentiment among smaller participants has deteriorated, but larger investors may be treating the drawdown as a rebalancing phase rather than an exit signal. 

That said, this accumulation has not yet translated into visible price support, highlighting the scale of selling pressure still present from retailers.

Derivatives Market Shows a Forced Reset

From a derivatives standpoint, the BTC crypto market has undergone a rapid reset. CryptoQuant data shows open interest collapsing from nearly $47.5 billion in late 2025 to roughly $24.6 billion, a drawdown of almost 50%. This signals the near-total removal of speculative leverage that previously supported higher prices.

Funding rates further confirm the shift. Rates plunged deep into negative territory, reaching levels not seen since September 2024. A reading near -0.008 reflects aggressive short positioning and the complete loss of short-term bullish control.

Meanwhile, the Coinbase Premium Index has remained deeply negative. This suggests that US-based institutional and professional traders continue to lead the selling pressure, reinforcing the lack of domestic demand.

Miner Capitulation Adds Structural Pressure

Still, pressure has not been confined to traders alone. The Bitcoin network has seen an estimated 30% drop in hashrate, pointing to meaningful miner capitulation. Rising miner outflows indicate a transition from holding mined BTC to active liquidation.

From a structural angle, miner selling typically accompanies periods of margin stress and declining profitability. While painful, these phases often coincide with broader market resets rather than trend continuation.

The post Crypto Rebound: How High Can Bitcoin, Ethereum and XRP Prices Go Next? appeared first on Coinpedia Fintech News

The crypto market has turned green over the last 24 hours, offering some relief after a sharp sell-off earlier this week. Total market value has climbed back to around $2.66 trillion, while sentiment remains careful, with the Fear and Greed Index still deep in “extreme fear” territory.

Bitcoin Finds Support Above $75,000

Bitcoin is trading near $78,700, staying above the $75,000 level, which many analysts see as a weekly support. This zone was tested recently, and so far, buyers have managed to defend it.

On the weekly chart, Bitcoin has slipped below both the 20-week and 50-week moving averages, which is typically a bearish signal. However, this does not automatically mean a long-term bear market. It can also happen after a heavy correction.

One possible scenario is that $75,000 becomes the bottom, with Bitcoin holding the April 2025 low and forming a higher low. If that happens, the broader uptrend of higher highs and higher lows would remain intact, and the recent drop would be seen as a pullback rather than a trend break.

For a stronger bullish signal, Bitcoin would need to reclaim and close above the 50-week moving average, currently near $100,400. A clean weekly close above that level would suggest momentum has shifted back in favor of buyers.

Ethereum Holds Near Important Levels

Ethereum has rebounded to around $2,370, after recently trading near levels that some analysts had flagged months in advance as potential support. Activity on the Ethereum network is reportedly picking up, with increased on-chain usage as traditional financial players continue building infrastructure.

While Ethereum is still down significantly from recent highs, the current bounce has raised hopes that a short-term bottom may be forming if prices can hold above the $2,300–$2,400 zone.

XRP Shows Strong Support

XRP is trading around $1.64, with strong demand seen between $1.60 and $1.65. This area has been tested multiple times, and buyers continue to step in, suggesting a solid base is forming.

If this support holds, analysts say XRP could attempt a move back toward $2.00, with $3.00 or higher possible over time if overall market conditions improve. 

What’s Driving the Market Mood?

Recent selling pressure was fueled by ETF outflows, signaling institutional investors were reducing exposure. A hotter-than-expected inflation report and uncertainty around US monetary policy also weighed on risk assets.

However, some market watchers believe the worst may be over. Veteran strategist Tom Lee has said crypto may have just bottomed, pointing to a rare alignment of time and price targets, along with rising activity on Ethereum.

The post Ripple News Today: Full EU EMI License Granted by Luxembourg Regulator  appeared first on Coinpedia Fintech News

Ripple has received full approval for an Electronic Money Institution (EMI) license in the European Union, following authorization from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF).

The approval comes after Ripple met all regulatory conditions set by the CSSF. The company had announced preliminary clearance for the license last month, with full approval now allowing it to operate as an EMI across the EU.

With the license in place, Ripple can formally expand its payments-related services across European markets under EU regulatory rules. The move strengthens the company’s ability to work with banks, payment providers, and other financial institutions that require regulated electronic money services.

Ripple’s Europe-focused leadership said the authorization reinforces the company’s long-term commitment to the region and positions it to support businesses moving toward digital and blockchain-based payment infrastructure within a regulated framework.

The Luxembourg approval adds to Ripple’s growing list of regulatory clearances globally. In January, the company also secured an EMI license and cryptoasset registration from the Financial Conduct Authority in the United Kingdom.

According to Ripple, it now holds more than 75 regulatory licenses worldwide, reflecting its focus on operating within established regulatory systems as digital asset adoption grows. The expanded licensing footprint is expected to support Ripple’s efforts to offer compliant cross-border payment and digital asset services to institutional clients across multiple jurisdictions.

The development comes as European regulators continue to implement clearer frameworks for digital finance, with companies increasingly seeking regulated status to operate across the bloc.

“I can now share that we have fulfilled the conditions set by the CSSF, resulting in Ripple being granted its full EU EMI license – a transformative milestone that allows us to scale our mission of providing robust, compliant blockchain infrastructure to clients across the EU,” Cassie Craddock of Ripple said.

The post Is HBAR Price Finding a Floor Despite Market Weakness? appeared first on Coinpedia Fintech News

HBAR price is trading near $0.09418 as bearish pressure continues across the broader altcoin market. Despite the drawdown, on-chain signals tied to development activity and real-world asset focus suggest Hedera is retaining underlying demand, offering context for why the HBAR price has avoided a deeper unwind so far.

HBAR Price Finds Support Amid Persistent Market Pressure

At the surface level, HBAR crypto appears to be moving with the market’s broader risk-off tone. Selling pressure has persisted, and price has yet to establish a decisive recovery trend. However, unlike many comparable altcoins, HBAR price USD has spent more time consolidating than accelerating lower.

This relative stability stands out. While price momentum remains cautious, the absence of aggressive capitulation hints that sellers are meeting steady demand, particularly near established support zones.

Meanwhile, market participation metrics suggest interest has not meaningfully deteriorated, even as price continues to grind lower.

Development Activity Offers Structural Support

One of the clearest differentiators for Hedera remains its ecosystem activity. Santiment data tracking the top ten real-world asset-focused networks by 30-day GitHub development activity places Hedera near the top of the list. This positioning highlights sustained engineering momentum rather than short-term narrative cycles.

At the same time, Santiment data reinforces this view. Since January, Hedera’s development activity has remained elevated, recently registering around 234. Notably, this strength has persisted even as price declined, signaling a disconnect between market valuation and underlying network work.

Social volume has also increased over the same period. Still, unlike speculative spikes, this rise has occurred alongside falling prices, suggesting discussion has leaned analytical rather than euphoric.

Enterprise Narrative Continues to Anchor Hedera

From a structural perspective, Hedera’s enterprise-first design continues to define its appeal. The network’s governance model, low transaction costs, and fast finality are tailored to regulated use cases, particularly in financial and real-world asset contexts.

Ongoing upgrades and collaborations with large institutions also reinforce this positioning. That backdrop helps explain why HBAR price has shown resilience during periods when speculative demand across altcoins has faded.

Rather than chasing momentum, Hedera crypto appears to be retaining relevance through utility-driven participation.

HBAR Price Chart Signals Compression, Not Capitulation

From a technical perspective, on the daily timeframe, the HBAR price chart still reflects an overall downtrend, marked by lower highs and lower lows. Beyond the existing downtrend, early February’s recent price action adds nuance, as HBAR/USD dipped to near $0.0840 before rebounding, suggesting demand is emerging near support.

This bounce doesn’t come from just any level; in fact, it closely aligns with the lower boundary of a falling wedge pattern. While the pattern often works but still has a chance of failing, this support still fuels some hope, as it introduces the possibility of stabilization rather than the continuation of decline.

If HBAR price reverses from the wedge’s lower edge, resistance comes into focus around $0.108–$0.110, depending on broader market conditions. 

Conversely, a sustained move below $0.088 would expose the $0.083–$0.085 zone, with $0.078 acting as the next area of potential demand if weakness deepens. In this context, HBAR price continues to trade at a technical crossroads shaped by both structure and fundamentals.

The post Bitcoin Price Prediction: Will BTC Hold $75K Support or Break Lower? appeared first on Coinpedia Fintech News

Bitcoin is showing early signs of stabilising after bouncing from its recent April low, but analysts say price action remains fragile and important levels will decide what happens next. For now, the market is still trading below major resistance, meaning the correction may not be fully over yet.

Bitcoin Holds April Low, but Bounce Is Limited

Bitcoin recently defended the April 2025 low, which has acted as an important short-term support. Buyers stepped in near this level, triggering a modest bounce. However, analysts stress that this move is not a strong recovery yet, but rather a normal reaction after a sharp sell-off.

At current levels, Bitcoin remains trapped below resistance, suggesting the market is still in a corrective phase rather than a confirmed uptrend.

$74,000–$75,000 Still a Key Downside Zone

On the downside, there is focus on the $74,000 to $75,000 range. This zone has been watched closely for weeks as a potential area where Bitcoin could form a more meaningful low. A brief dip below the April low into this range is still considered possible, especially if broader market weakness continues.

Such a move would not necessarily be bearish long term. In fact, a final dip could help clear remaining selling pressure before a stronger bounce develops.

$80,500 Is the Level That Matters Most

On the upside, $80,500 is now the most important price to watch. A clear break above $80,500, especially if followed by continued strength, would be the first real sign that Bitcoin’s low is likely in place.

An ideal scenario would be a breakout above this level, followed by a shallow pullback that holds above support. That would mean buyers are gaining control and price is ready to move higher.

Oversold Signals Support a Short-Term Bounce

Technical indicators show Bitcoin is deeply oversold, even more than during some previous market pullbacks. Historically, such conditions often lead to short-term relief rallies, although these rallies can be choppy and unstable at first.

Because of this, Bitcoin may attempt several bounces before a clear trend emerges. Early rallies can fail, so confirmation through price structure is critical.

While further downside toward the mid-$70,000s cannot be ruled out, risk is becoming more balanced between buyers and sellers.

In the coming days, all eyes will be on whether Bitcoin can hold above support and eventually reclaim $80,500. Until then, volatility is likely to remain high, and traders are advised to watch price levels closely rather than rely on sentiment alone.

The post Canary Capital CEO Says Ripple’s Real Power Isn’t XRP Price — It’s Remittances and RLUSD appeared first on Coinpedia Fintech News

Canary Capital CEO Steven McClurg has shared his views on where Ripple could create the biggest real-world impact, following the company’s recent launch of Ripple Treasury after acquiring G Treasury.

Remittances Still Matter Most

McClurg said Ripple’s global remittances network remains one of the most important use cases in crypto today. While it may not be the biggest money-maker for the company, he believes it solves a real problem at global scale by making cross-border payments faster and cheaper, especially for countries that rely heavily on remittances.

RLUSD Seen as a Major Opportunity

Looking ahead, McClurg said the product he is most bullish on is RLUSD, Ripple’s U.S. dollar-backed stablecoin. He expects RLUSD adoption to grow quickly once it is fully integrated across Ripple’s partner network.

According to him, RLUSD could even challenge USD Coin over time, especially because of the regulatory framework under which RLUSD operates. He noted that RLUSD appears to have stronger oversight in the United States, which could make it more attractive to institutions and governments.

Could the U.S. Outsource a Digital Dollar?

McClurg also said that if the U.S. government decides not to launch a full central bank digital currency, it could instead outsource a digital dollar to private companies. In his view, Ripple and Circle would likely be the two main contenders for such a role.

He added that governments around the world have been exploring digital currencies for years and often approach companies with early experience in stablecoins. Based on those trends, he believes it is only a matter of time before the U.S. moves in this direction.

Institutional Questions Around XRP

When discussing XRP ETF, McClurg said one question comes up repeatedly from institutional investors: what gives the token its value? Unlike Bitcoin, which is widely understood as a digital currency, XRP requires more explanation.

He said institutions often need clarity on how XRP is tied to Ripple’s network and how it functions within that ecosystem. While the explanation can be complex, he believes it is a fair and important question that serious investors need answered.

The post Analyst Reveals What’s Next For Bitcoin, Gold and Silver appeared first on Coinpedia Fintech News

Markets are under heavy pressure as crypto and precious metals have dropped sharply, triggering what analysts are calling a short-term market emergency. Bitcoin, gold, and silver have all seen steep declines, leaving investors focused on price levels that could decide what happens next.

Gold Sees Sharp Drop, Bounce Levels in Focus

Gold has fallen around 16% from recent highs, a move that surprised many traders. According to analyst Dylan, the first important bounce zone sits near $4,780, where gold has already shown some buying interest. If prices rebound further, the $5,130–$5,140 range is being watched closely, as it could act as a strong resistance area where selling pressure returns.

If gold weakens again, deeper support is seen near $4,700, and lower down around $4,550 to $4,480, where the 50-day moving average sits. These zones could attract buyers if broader market weakness continues.

Silver Crashes Harder Than Gold

Silver has taken an even bigger hit, falling nearly 38% from its highs. The sharp drop punished late buyers, but silver did manage a short-term bounce from its 50-day moving average. The most important support level now is around $70, which analysts describe as a “must-hold” zone. If silver fails to hold there, downside risk increases.

On the upside, resistance is expected near $92 and $98, where any short-term rally could face selling. In the near term, silver may see quick rebounds, but analysts warn these could be temporary in a volatile environment.

Bitcoin Under Pressure, Key Levels Ahead

Bitcoin is also facing strong selling pressure. On longer time frames, the analyst says $78,000 to $75,000 is the first major support zone to watch. A bounce from this area is possible, but it may only be short-lived. If selling continues, Bitcoin could dip toward the $70,000 area, and in a more extreme case, even the mid-$60,000 range.

On a monthly view, deeper downside zones around $57,000 to $50,000 are also being discussed as possible future bounce areas if market stress continues.

Bearish Mood Could Set Up Short-Term Bounces

Market sentiment is extremely negative right now, with fear spreading across crypto and metals. Such “peak fear” conditions sometimes lead to short-term relief rallies, even if the broader trend remains uncertain.

The next moves in Bitcoin, gold, and silver are likely to depend on how markets react around these critical price zones in the coming days.

The post Strategy Buys 855 Bitcoin, Expands Total Holdings to 713K BTC appeared first on Coinpedia Fintech News

Michael Saylor’s Strategy has continued buying Bitcoin steadily, adding 855 BTC in a recent purchase worth about $75.3 million at an average price of around $87,974 per coin. As of February 1, 2026, the company now holds a total of 713,502 Bitcoin. In total, Strategy has invested roughly $54.26 billion in Bitcoin, with an average purchase price of $76,052 per BTC, showing strong long term confidence in Bitcoin’s value.

The post David Schwartz Comments as Old Epstein Claims Drag Ripple and XRP Back Into Focus appeared first on Coinpedia Fintech News

Unverified claims circulating online are once again linking early crypto figures, old emails, and the long-running XRP story. At the centre of the discussion is an alleged email from July 31, 2014, said to have been sent by tech entrepreneur Austin Hill, which raised concerns about Ripple and Stellar, a project founded by Jed McCaleb, who also co-founded Ripple and XRP.

What the Alleged Email Says

According to online posts, the email was addressed to Joichi Ito and Jeffrey Epstein, with the subject line “Stellar isn’t so Stellar.” In it, Hill allegedly warned that it was harmful for the ecosystem to have investors “backing two horses in the same race,” referring to Ripple and Stellar competing for the same financial backers.

Commentators claim this points to early power struggles in crypto’s formative years, though there is no proof of wrongdoing by any of the parties involved.

Claims Around MIT and Funding

The narrative goes further, alleging that Epstein had financial ties to academic institutions such as MIT’s Media Lab, where blockchain research was conducted. Public records have previously confirmed that Epstein donated money to MIT. However, claims that this funding influenced crypto markets, projects, or regulators remain unproven.

Attempts to Link XRP to the SEC Case

Some online discussions also try to connect these past associations to the SEC’s lawsuit against Ripple, filed in 2020, and to former SEC chair Gary Gensler, who previously taught blockchain-related courses at MIT. While allegations of conflicts of interest are being circulated, there is no evidence that the SEC’s case against Ripple was driven by these academic or personal links.

• Also Read :
•   XRP Price Holds Support After Selloff as On-Chain Data Shows Reduced Downside Risk
•   ,

David Schwartz Responds

Reacting to the resurfaced claims, David Schwartz, Chief Technology Officer at Ripple, shared a cautious but pointed view:

I hate to be a conspiracy theorist, but I wouldn't be at all surprised if this is just the tip of a giant iceberg.https://t.co/ArqNp0ZhK5 pic.twitter.com/ibRXHc6uNh

— David 'JoelKatz' Schwartz (@JoelKatz) January 31, 2026

“I hate to be a conspiracy theorist, but I wouldn’t be at all surprised if this is just the tip of a giant iceberg. The sad part is, we really are all in this together and this kind of attitude hurts everyone in the space.”

What Is Fact and What Is Not

Experts stress that many of these stories rely heavily on speculation, coincidence, and unverified interpretations rather than confirmed facts. The Ripple vs SEC case has unfolded mainly through court filings and judicial rulings, not leaked emails or historical associations.

As of now, there is no official confirmation that the alleged 2014 email or the relationships being discussed had any influence on XRP, Bitcoin, or regulatory decisions. Analysts caution investors to separate documented facts from online theories, especially during volatile market conditions when such narratives tend to spread quickly.

FAQs

The post Jasmy Swap Launch Boosts JasmyCoin by 3.64% appeared first on Coinpedia Fintech News

JasmyChain’s ecosystem grows with the launch of Jasmy Swap, a third-party decentralized exchange protocol. Built on JasmyChain, it uses smart contracts to automatically execute digital asset swaps, serving as a technical proof-of-concept for blockchain-based trading. The launch has sparked positive market response, with JasmyCoin rising 3.64%. Jasmy Swap highlights the ecosystem’s innovation and potential, showing how the chain can support new DeFi applications and increase activity within its blockchain network.

The post Russian Bitcoin Miner BitRiver Faces Bankruptcy appeared first on Coinpedia Fintech News

Russian Bitcoin mining giant BitRiver is on the brink of bankruptcy after a court launched insolvency proceedings over unpaid debts of more than 700 million rubles related to equipment and electricity costs. The company has shut down several facilities, faced management departures, and grappled with creditor lawsuits. Adding to its challenges, founder Igor Runets has been charged with tax evasion and placed under house arrest, intensifying the financial and legal pressures on the once‑leading mining firm.

The post Raoul Pal Explains Why the Crypto Market Isn’t Broken Despite Recent Downturn appeared first on Coinpedia Fintech News

The ongoing crypto sell-off has rattled investor confidence, but macro investor Raoul Pal believes the narrative around crypto being “broken” is deeply flawed. According to Pal, the current downturn has little to do with crypto-specific issues and everything to do with a severe liquidity crunch in the United States, triggered by repeated government shutdowns and broader structural drains in the financial system.

U.S. Liquidity, Not Crypto, Is the Core Problem

In a recent X post, the Global Macro Investor founder explained that markets should be trending higher this cycle, but U.S. liquidity constraints are holding them back. Pal pointed to two U.S. government shutdowns as a major shock to liquidity, combined with issues in what he described as “U.S. plumbing.” Notably, the Reverse Repo facility drain was largely completed in 2024, removing a key source of excess liquidity that had previously supported risk assets.

The most recent shutdown began last Friday, despite the Senate reaching a funding deal. With the House not in session until later this week, liquidity conditions tightened further, creating what Pal described as a temporary “air pocket” for markets. Still, he remains optimistic that the shutdown could be resolved soon, removing what he believes is the final major hurdle for liquidity to return.

Debunking the Fed and Warsh Narrative

Pal also dismissed growing concerns around former Federal Reserve Governor Kevin Warsh, who has been nominated as the next Fed chair. Some market participants have labeled Warsh as hawkish, suggesting rate cuts may be delayed or avoided altogether. Pal called this narrative “baseless,” arguing that Warsh’s mandate aligns with a Greenspan-style playbook.

According to Pal, Warsh is expected to cut rates and largely stay out of the way while fiscal authorities and banks drive liquidity. He emphasized that balance sheet tightening is unlikely due to existing reserve constraints, warning that aggressive moves could destabilize lending markets.

Bitcoin Slides as ETF Outflows Accelerate

While macro pressures dominate, Bitcoin remains under pressure in the near term. BTC is down another 2%, trading near $76,000 at press time, marking a sharp reversal from the upward momentum seen earlier this month. Heavy spot Bitcoin ETF outflows have amplified the weakness.

Over the past two weeks alone, spot BTC ETFs recorded roughly $2.8 billion in net outflows, making January one of the worst months on record for institutional selling. Total assets under management across Bitcoin ETFs have now fallen about 31% from their October peak, dragging sentiment lower across the broader crypto market.

Looking Ahead: Patience Over Panic

Despite the brutal price action, Pal ended on a bullish note. He believes the forces suppressing liquidity are nearly exhausted and that markets are approaching a turning point. In his view, time, not short-term price moves, matters most in full-cycle investing. If liquidity begins to flow again as expected, Pal sees the groundwork being laid for a powerful bull phase heading into 2026.

FAQs

The post Why Gold and Silver Fell Dramatically and How Bitcoin Reacted appeared first on Coinpedia Fintech News

Gold and silver deepened their dramatic decline on Monday, extending last Friday’s historic rout that erased trillions in market value. What had been a powerful safe-haven rally quickly flipped into a violent correction, driven by a stronger U.S. dollar, aggressive profit-taking, and rising margin pressures. Analysts say the speed and scale of the move signal that speculative positioning had reached unsustainable levels.

Spot gold dropped around 5% to $4,616.79 per ounce, following nearly 10% losses on Friday when prices crashed below $5,000. Silver fared far worse. After plunging nearly 30% in a single session last week, its worst daily performance since March 1980, the metal extended its fall, briefly sliding more than 12% before stabilizing near $78.30 per ounce.

Trillions Wiped Out in Days

Crypto analyst, Bull Theory, described the move as a historic crash rather than a routine correction. According to the analyst, nearly $10 trillion in combined market value was erased from gold and silver in just three days. Gold alone was estimated to be down roughly 20% from its peak, wiping out about $7.4 trillion in value, around five times the entire market capitalization of Bitcoin.

Silver’s collapse was even more extreme. Analyst noted that the metal has fallen close to 40% from its highs, erasing roughly $2.7 trillion in market value, a figure comparable to the entire crypto market. The analyst warned that so-called safe-haven assets are now trading with volatility levels more commonly associated with crypto memecoins, highlighting how crowded and leveraged these trades had become.

What triggered the sell-off?

A key driver of the sell-off has been renewed strength in the U.S. dollar. The dollar index has gained around 0.8% since Thursday, making dollar-denominated gold and silver more expensive for overseas buyers. At the same time, expectations for tighter monetary policy have increased the opportunity cost of holding non-yielding assets like gold.

• Also Read :
•   When Will the Crypto Market Recover From This Downtrend?
•   ,

Markets were caught off guard after President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as Fed chair when his term ends in May. Warsh is known for favoring tighter monetary policy, a shift that has boosted the dollar and dampened enthusiasm for rate-sensitive assets.

CME Margin Hikes Add Pressure

The CME Group moved quickly in response to last week’s volatility, announcing higher margin requirements effective after Monday’s market close. Margins on COMEX gold futures were raised from 6% to 8%, while margins on COMEX 5,000-ounce silver futures jumped from 11% to 15%.

Experts Watch the Crypto Link

Crypto analyst Michaël van de Poppe focused on silver’s extended correction, noting that the metal was down more than 40% in just two days. He described the move as a “massive bloodbath” and pointed out that Bitcoin had already felt the impact over the weekend, though it had begun to stabilize as commodities took the brunt of the selling.

Van de Poppe emphasized a recurring market pattern: when commodities fall sharply, crypto often follows. However, he also noted that once commodities find a bottom, digital assets have historically outperformed.

FAQs

The post When Will the Crypto Market Recover From This Downtrend? appeared first on Coinpedia Fintech News

The crypto market has seen a sharp sell-off, with total market value falling to $2.52 trillion, down by 6% in the last 24 hours. Bitcoin, the pioneer cryptocurrency, dropped heavily from $89,200 to a low of $74,561. 

Other major coins like ETH, XRP, SOL, BNB, and ADA also faced strong losses of around 8% to 15%.

Now the big question remains: Will the crypto market recover this week, or will prices fall even further?

Why Bitcoin and Crypto Prices Fell

Today, Bitcoin price slipped about 2.2%, falling to nearly $76,600, a level last seen in November 2024

The biggest reason behind the market drop is growing uncertainty around global interest rates. Market sentiment turned negative after President Donald Trump nominated Kevin Warsh as a possible Federal Reserve chair, which raised fears that interest rates could stay higher for longer.

Adding more pressure, India’s Union Budget 2026 kept crypto tax rules the same. No new taxes were added, but strict rules stayed in place. This left many crypto investors disappointed.

Key U.S. Economic Data To Impact the Crypto Market

Several major U.S. economic events this week could influence crypto prices. On February 5, the latest Initial Jobless Claims data will be released. Analysts expect claims to rise slightly to 212,000 from last week’s figure of 209,000. 

If the number comes higher than expected, it may signal weakness in the U.S. job market. This could increase hopes that the Federal Reserve might slow down rate hikes, which is usually positive for Bitcoin and crypto prices.

Further, on February 6, the U.S. unemployment rate and the monthly employment report will be announced. The unemployment rate is forecasted to rise to 4.5%, compared to 4.4% in December 2025. 

If economic data shows continued weakness, markets may price in future rate cuts, which could help crypto recover.

• Also Read :
•   Bitcoin Price Taps $75,000—Peter Brandt Warns of a Possible Drop to $54,000
•   ,

Bitcoin Price Outlook

Following this major event, Crypto trader Captain Faibik highlights that Bitcoin is losing a key long-term support level, the weekly EMA100, for the first time in over 840 days. This is seen as a warning sign on higher timeframes.

$BTC bulls are losing the weekly EMA100 Support after 840 days.. Not a healthy sign on the higher timeframe.

All eyes are now on the 68–70k Support Zone Which acted as a strong Resistance throughout 2024..#Bitcoin #BTCUSDT #BTC pic.twitter.com/ZxQ8hbYIzq

— Captain Faibik (@CryptoFaibik) February 1, 2026

For now, all eyes are on the $68,000–$70,000 zone, which acted as strong resistance throughout 2024 and may now serve as critical support.

As of now, Bitcoin price is trading around $76,453, reflecting a drop of 2.2% seen in the last 24 hours.

FAQs

The post Nevada Court Temporarily Bans Polymarket Sports Contracts appeared first on Coinpedia Fintech News

A Nevada state court has issued a two-week temporary restraining order preventing Blockratize, the operator of the prediction market Polymarket, from offering sports and event contracts to residents, saying those activities likely violate Nevada’s gambling laws. The judge agreed with the Nevada Gaming Control Board’s civil complaint that Polymarket is operating without a state gaming license and that the federal Commodity Exchange Act does not give the CFTC exclusive authority over these contracts. If upheld, Polymarket and similar platforms may have to obtain state licenses or stop offering such markets.

The post Michael Saylor’s Strategy Faces $900 Million Loss After Bitcoin Price Drop  appeared first on Coinpedia Fintech News

The recent drop in Bitcoin price has put the, Michael Saylor’s Strategy in a sharp paper loss of $900 million after BTC slipped below the $75,000 level. 

Although the loss remains only on paper, the drop in BTC value has also dragged down Strategy’s stock price, raising concerns among investors about whether Strategy will liquidate Bitcoin to reduce further losses

Bitcoin Drop Pushes Strategy Into $900 Million in Paper Loss

As of now, Strategy holds a massive 712,647 BTC, valued at around $54.36 billion. However, these coins were bought over time at an average price of about $76,040 per Bitcoin.

Lookonchain, an on-chain analytics platform, highlighted that Strategy’s Bitcoin holdings briefly showed an unrealized loss of over $900 million when BTC dipped below $75K.

As #Bitcoin fell below $75,000, Michael Saylor(@saylor)'s @Strategy's 712,647 $BTC is now facing an unrealized loss of over $900M.https://t.co/iFtYbgyI3Q pic.twitter.com/p3gQpkzDuU

— Lookonchain (@lookonchain) February 2, 2026

This means short-term price drops do not automatically create financial pressure on the company. As a result, there is no immediate risk of liquidation, even during sharp market swings.

Strategy Stock Remains Under Pressure

However, Bitcoin’s price still matters greatly for Strategy. The company’s stock is closely linked to BTC movements because Strategy continues to fund its Bitcoin strategy through equity sales. 

• Also Read :
•   Bitcoin Price Prediction: Is a Direct Drop to $75,000 Next?
•   ,

A filing with the U.S. Securities and Exchange Commission earlier this year confirmed that Strategy relies on at-the-market share sales and other securities to raise capital for further Bitcoin purchases.

While Bitcoin has stabilized, Strategy’s stock continues to struggle. Shares are down about 56% over the past year and recently traded near $149.7. As history shows, when Bitcoin rises, Strategy’s stock often moves faster, but when Bitcoin falls, losses can deepen just as quickly.

Michael Saylor Signals More Bitcoin Buying

Despite recent market weakness, Strategy shows no signs of changing direction. In a recent tweet post, Michael Saylor hinted at more Bitcoin purchases through a short social media post referencing “oranges,” a signal he has used many times before.

In the past, similar posts have often been followed by official Bitcoin purchase announcements early the following week, suggesting another buy could be coming.

After dipping below $75K, Bitcoin has rebounded and is now trading near $76,443. This recovery has pushed Strategy back into a small unrealized profit of around 0.40% on its total Bitcoin holdings.

FAQs

The post Vitalik Introduces a Two-Layer Model for On-Chain Governance appeared first on Coinpedia Fintech News

Ethereum co-founder Vitalik Buterin says the future of on-chain system design will rely on a two-layer structure. The first layer focuses on open and accountable execution, such as prediction markets, where correct decisions are rewarded, and wrong ones face losses. The second layer handles preferences and judgment, using decentralized, anonymous, and non-token-based voting systems like MACI. This design aims to resist capture, prevent collusion, and reduce the risk of 51% attacks.

The post Justin Sun Accused of TRX Market Manipulation by Alleged Ex‑Girlfriend with Evidence Claims appeared first on Coinpedia Fintech News

Tron Founder Justin Sun has again found himself in fresh allegations after a woman named Ten Ten, who claims to be his ex-girlfriend, shared a series of posts on X accusing him of manipulating the price of TRX.

The claims have drawn attention across the crypto community, and calls for stricter action from law enforcement agencies. 

Justin Sun Accused of TRX Market Manipulation 

In a recent tweet post on X, Ten Ten said she is not making baseless accusations and claims to hold extensive evidence.

She alleged that Justin Sun used the identities of several employees in Beijing to operate multiple Binance accounts in late 2017 and early 2018. According to her, these accounts were used to carry out coordinated buying and selling of TRX in order to push prices higher.

She alleged that these actions were meant to artificially increase TRX’s market capitalization. Once prices rose, she claimed large-scale sell-offs followed, allowing insiders to profit while retail investors faced losses.

I am not making empty accusations. I have a substantial amount of evidence, and what has been disclosed so far is only a very small portion of it.

Justin Sun used the identities of multiple employees based in Beijing to operate accounts on the Binance exchange, through which he… https://t.co/cq5fEzb9H9

— 曾颖 (@tenten19901107) February 1, 2026

Claims of Media Hype and Insider Practices

Ten Ten also alleged that Justin Sun used media exposure and public hype to build excitement around TRX. She claimed this created an image of innovation and success, while the real activity involved insider trading and coordinated trades behind the scenes. 

According to her, insider trading and coordinated trades were taking place, and these actions played a key role in growing Justin Sun’s wealth.

• Also Read :
•   Meme Coin Crash Wipes Out $58M From Murad Mahmudov’s Portfolio
•   ,

She also shared the names of twelve people from mainland China, alleging they worked under Justin Sun and took part in these activities. The names included Liu Tingting, Zhao Ling, Wei Shuai, Du Xuewen, Zhang Xin, Huang Kaijie, Han Min, Liu Jintong, Quan Yueyuan, Jiang Nijun, Liu Siqin, and Zhao Jitong.

Why Ten Ten Was Silent For These Years

Ten Ten said she was in a personal relationship with Justin Sun during Tron’s early days, which she claims gave her direct knowledge of these events. 

She added that she stayed silent for years out of fear, saying money, influence, and power kept her from speaking earlier, but that fear is now gone.

She then followed up with a joke that, “I also have an ‘Epstein files’ of the crypto world.”

Willingness to Cooperate With U.S. Authorities

Lastly, Ten Ten said she is prepared to cooperate fully with an investigation by the U.S. Securities and Exchange Commission. She claimed to hold WeChat chat records, emails, exchange activity logs, phone data, and employee-provided evidence to support her allegations.

She also publicly requested U.S. authorities to contact her.

As of now, Justin Sun has not publicly responded, and no official action from regulators has been announced.

FAQs

The post Why is Bitcoin Price Going Down Today? appeared first on Coinpedia Fintech News

The crypto market is under heavy pressure today, with prices falling sharply over the weekend and investors asking one question: what went wrong? The answer lies in a mix of forced selling, weak demand, and price levels breaking all at once.

The total crypto market value has dropped to around $2.6 trillion, down nearly 5% in the last 24 hours. Bitcoin, which was trying to hold above $78,000, has now slipped below that level, adding to market fear. Many traders are now watching the next major support near $75,000.

The biggest driver of today’s crash is liquidations. In just 24 hours, more than $2.58 billion worth of crypto positions were wiped out. This happens when traders use borrowed money and prices move against them, forcing exchanges to close positions automatically.

Weekend Trading Made It Worse

Weekend markets usually have lower trading volume and thinner liquidity. That means fewer buyers are available when prices start falling. As Bitcoin dropped below key levels, sell orders piled up quickly, pushing prices down faster than usual.

Bitcoin Breaks Key Levels

Bitcoin falling below $78,000 was a major technical trigger. This level had been acting as short-term support. Once it broke, many traders exited positions. Bitcoin is also testing an important long-term support level when compared to gold, making this zone critical.

If Bitcoin fails to hold near current levels, analysts see $75,000 as the next strong support. A break below that could bring even more selling.

Altcoins Hit Harder

Altcoins are feeling even more pain:

• Ethereum is down sharply over the week, losing more than 20%
  
• XRP, Solana, and BNB are all deep in the red
  
• The CoinMarketCap 20 Index is down over 14% in seven days
  

Market Fear Is Extreme

Investor sentiment has collapsed. The Fear and Greed Index is at 18, which signals extreme fear. Technical indicators show most coins are now oversold, meaning prices have fallen very quickly in a short time.

Weak Demand Adds Pressure

On top of liquidations, demand has been weak. Large investors have been cautious, and there has been no strong buying support to absorb the selling. When forced liquidations meet low demand, prices fall fast.

What Happens Next

The market now depends on whether Bitcoin can stabilise above $75,000. If selling slows and liquidations dry up, a short-term bounce is possible. But if fear continues and key supports fail, volatility could remain high in the coming days.

For now, the weekend crash shows how quickly crypto markets can turn when leverage, fear, and low liquidity collide.

The post No Crypto Tax Cuts in India Budget 2026, New Penalties Introduced for Non-Compliance appeared first on Coinpedia Fintech News

India’s Union Budget 2026 has kept the existing crypto tax framework unchanged, even as the government moved to tighten compliance through stricter penalties. While oversight has increased, industry leaders say the Budget missed a key opportunity to support long-term growth in crypto and Web3.

The Finance Bill introduces penalties to enforce reporting under Section 509 of the Income-tax Act, 2025. Union Finance Minister Nirmala Sitharaman said the aim is to deter non-compliance in crypto-asset reporting.

Under the amendment, entities that fail to file crypto transaction statements will face a ₹200 per day penalty, while furnishing incorrect or misleading information — or failing to correct it — will attract a ₹50,000 fine. These provisions will take effect from April 1, 2026.

“Tax Regime Remains Restrictive”

Reacting to the Budget, Sathvik Vishwanath, Co-founder and CEO of Unocoin, said expectations from Budget 2026 were much broader than enforcement alone.

“The Union Budget 2026 was expected to play a decisive role in shaping India’s approach to crypto assets and Web3 technologies,” he said in an interview with Coinpedia. “A primary expectation was the rationalisation of the existing tax regime for virtual digital assets, which is currently restrictive and misaligned with broader financial market practices.”

Sathvik added that allowing loss set-offs, reducing transaction-level friction, and aligning crypto taxation with other asset classes would have helped restore domestic liquidity and encourage compliant participation within India.

Regulatory Clarity Still Missing

Beyond taxes, Sathvik stressed that the lack of a clear regulatory framework continues to hurt Indian exchanges.

“The absence of a comprehensive, crypto-specific framework has created uncertainty for exchanges, investors, and technology developers,” he said. “Clear definitions, licensing norms, compliance standards, and consumer protection mechanisms are essential for long-term planning and responsible innovation.”

He warned that unclear rules have already reduced local trading volumes and pushed users to offshore platforms.

“A well-defined framework would help retain market activity within India, strengthen domestic exchanges, and improve regulatory oversight,” Sathvik said.

How India Compares Globally

Sathvik also opened up about how India lags behind global crypto hubs. He pointed out that Dubai has introduced purpose-built digital asset regulations, while Singapore follows a structured licensing and consumer protection model. The United States, despite earlier fragmentation, is gradually moving toward clearer asset classification.

“Compared to these jurisdictions, India’s current framework lacks the clarity and cohesiveness required to compete effectively for global capital, talent, and innovation,” he said.

The post XRP Price Prediction: Why the $7 Target Is Still Alive After the Crash appeared first on Coinpedia Fintech News

XRP’s recent price fall has worried many investors, but fresh chart analysis hints the move may not be the end of the cycle. Even after slipping below key levels, XRP is still behaving in a way that has historically led to strong rallies.

According to analyst Egrag Crypto, on the monthly chart, XRP recently tested an important support zone around $1.60–$1.61, with the lowest dip reaching near $1.50. Despite this drop, XRP managed to close the month above $1.60 and started February near $1.66, showing that buyers are still active around this level.

This area matters because it has acted as a key turning point in past market cycles. The recent dip appears to be a liquidity grab, a phase where prices briefly fall to shake out weak positions before the next big move.

Two Possible Paths From Here

Market history shows two common outcomes after similar setups:

First path: XRP sees a short-term bounce, then dips once more to test lower levels, before starting a stronger upward move.
Second path: XRP skips the second dip and begins rising directly, similar to earlier cycles.

In past rallies, XRP delivered massive gains even without a full bull market:

• In the 2021 cycle, XRP rallied about 340%, which would point to a price near $7 from current levels.
  
• In the 2017 cycle, XRP surged nearly 1,600%, which would imply much higher long-term targets.
  

Why a Breakdown Is Not “Game Over”

A monthly close below $1.60 would confirm weakness in the broader trend. However, history shows that XRP’s strongest rallies often happen during bearish or corrective phases, not during clear bull markets.

Such breakdowns usually come with:

• Fear-driven selling
  
• Forced exits
  
• A reset phase before larger moves begin
  

These conditions have previously set the stage for sharp recoveries.

The $7 Target Explained

If XRP continues to hold key structural levels and follows a pattern similar to the 2021 cycle, a 340% recovery would place XRP around $7. Analysts note that these moves are driven by market structure, not sentiment, and often start when confidence is at its lowest.

The post Bitcoin Price Prediction: Is a Direct Drop to $75,000 Next? appeared first on Coinpedia Fintech News

Bitcoin is at a crucial stage on the higher time frame charts. The broader structure still allows one final dip before a more stable base is formed. This aligns with earlier projections for early 2026, where prices were expected to make another low before any sustained recovery begins.

At current levels, Bitcoin may still revisit recent lows, with the $75,000 area emerging as an important zone to watch. Such moves are often seen near the end of corrective phases, where prices briefly fall lower before finding support.

What the Charts Are Signalling

Bitcoin remains close to levels that have historically marked important market bottoms. The Relative Strength Index (RSI) on this timeframe is nearing zones last seen during major downturns, suggesting selling pressure has already done significant damage.

On the daily chart, RSI has already moved into deeply stretched territory. In past cycles, similar conditions often appeared near points where prices later bounced. While this does not confirm an immediate recovery, it indicates that downside may be becoming limited.

Short-Term Levels That Matter

Despite a small rebound, analysts say Bitcoin has not yet confirmed a clear low. The recent move higher still looks like a short-term bounce rather than a full trend shift.

A first positive signal would be a sustained move above $80,000, followed by higher lows. A stronger confirmation would come if Bitcoin manages to break above $84,500, which could open the door to a broader recovery phase.

What Happens If Support Breaks

If Bitcoin fails to hold current support levels, another drop remains possible. In that case, the market could slide toward $75,000 before finding stronger buying interest. This zone is being closely watched as a potential area where prices could finally stabilise.

The post Why are Bitcoin, Ethereum and XRP Prices Crashing Today? appeared first on Coinpedia Fintech News

The crypto market is facing a major sell-off today, with total market value dropping to $2.66 trillion, down more than 6% in the last 24 hours. Bitcoin, Ethereum, XRP and other major cryptocurrencies have all fallen sharply, wiping out nearly $500 billion from the market in just a few days.

The biggest reason behind this fall is global uncertainty around interest rates. Investors turned bearish after news related to a new US Federal Reserve leadership appointment, which raised fears that future monetary policy could stay tighter for longer. When interest rates are expected to remain high, risky assets like crypto usually suffer, as investors move money into safer options.

This macro-driven fear pushed both stock markets and crypto lower at the same time. Over the past week, crypto prices have shown a strong link with US equities, showing how closely digital assets now react to traditional financial markets.

The decline was made much worse by massive liquidations. As prices started falling, leveraged traders were forced out of their positions. Over the last three days, nearly $5 billion worth of leveraged long and short positions were liquidated. When this happens, exchanges automatically sell assets to cover losses, which adds extra selling pressure and accelerates the crash.

Ethereum has been hit particularly hard. Reports of large unrealised losses held by institutional players increased fear around ETH, dragging down the wider altcoin market. As Ethereum weakened, confidence across the market dropped further.

Here’s how major cryptocurrencies were affected:

• Bitcoin fell around 13%, losing nearly $265 billion in market value.
  
• Ethereum dropped about 25%, erasing roughly $91 billion.
  
• XRP declined close to 22%, wiping out around $24 billion.
  
• Solana crashed more than 23%, losing about $16 billion.
  

Market sentiment has turned extremely bearish. The Fear and Greed Index has slipped to 18, a level classified as Extreme Fear. Many technical indicators now show the market is oversold, meaning prices may have fallen too fast in a short time.

Looking ahead, the short-term outlook depends on whether Bitcoin can hold the $77,000 support level. If that breaks, further downside is possible. Investors are also closely watching upcoming signals from the US Federal Reserve, which could determine whether markets stabilise or see another wave of selling.