Every crypto exchange saw liquidations during the Oct. 10 liquidation event, Richard Teng told the crowd at CoinDesk's Consensus Hong Kong.
Cathie Wood's Ark Invest bought more Bullish and Circle shares on Wednesday through its exchange-traded funds.
This follows the Thai Cabinet's approval of a proposal to align the derivatives market with international standards.
Bitcoin is printing on-chain loss-taking on a scale last seen during the Luna/UST meltdown, but at a radically different price point, a distinction that changes what the signal likely means for this drawdown. Axel Adler Jr. said Bitcoin’s Net Realized Profit/Loss has sunk deep into negative territory, with the 7-day moving average falling to -$1.99 billion on Feb. 7 before improving slightly to -$1.73 billion by Feb. 10. That places the current regime among the most severe loss-dominant stretches on record. Adler described it as “the second deepest negative reading in the entire history of observations,” exceeded only by June 18, 2022, when the metric hit -$2.24 billion amid the Luna/UST crash and cascading liquidations. The key detail, Adler argues, is persistence. Net Realized Profit/Loss has stayed below roughly -$1.7 billion for five consecutive days, forming what he framed as a sustained cluster of seller pressure, the kind of multi-day compression that typically marks capitulation behavior rather than a single shock print. In Adler’s framing, the mechanic is straightforward: realized losses are dominating realized profits on moved coins, and the market is working through the supply owned by participants forced or willing to sell below their cost basis. Related Reading: These Three Catalysts Could Spark Bitcoin’s Next Rally, According To Wintermute “The depth and duration of the current negative regime point to massive capitulation of participants who bought coins at higher levels,” he wrote. “The key reversal trigger is the return of Net Realized Profit/Loss above zero, which would signal the market’s transition from loss dominance to profit dominance. As long as the metric remains in deeply negative territory, seller pressure persists.” Bitcoin Losses Match Luna Crash Scale The companion chart, Bitcoin Realized Loss (7DMA), shows realized losses rising to about $2.3 billion on Feb. 7 and holding near that level through Feb. 10, another rarity in historical context. Adler called it “one of the highest smoothed levels in the entire history of observations,” explicitly comparing it to June 2022. He also emphasized that the 7-day smoothing understates peak stress in real time. At the height of the 2022 episode, Adler noted, single-day losses were roughly three times higher than the weekly-smoothed figure. In the current window, he pointed to a single-day realized loss of $6.05 billion on Feb. 5, the second-largest one-day loss in Bitcoin’s history, according to his note. The headline comparison, however, is not just magnitude but setting. In 2022, a similar realized-loss regime occurred with bitcoin trading around $19,000. This time, Adler says, the losses are being crystallized around $67,000 after a pullback from $125,000, a context he frames as a correction that is flushing out late entries rather than an ecosystem-wide failure cascade. Related Reading: Bitcoin Chart Screams 2022 Bear Market, Until You Notice What’s Missing “Back then, Realized Loss at $2.7B was occurring at a price of $19K,” Adler wrote. “Now, comparable loss volumes are being locked in at a price of $67K, which suggests not a systemic crash but rather a flushing out of late bull-cycle entries. This is capitulation of local top buyers, not a fundamental loss of network value.” Adler’s playbook puts two markers front and center. The first is a sustained move of Net Realized Profit/Loss (7DMA) back above zero for multiple weeks, which he frames as the transition from loss dominance to profit dominance. The second is a decline of Realized Loss (7DMA) below $1 billion, which would indicate that the wave of forced or pain-driven selling is fading. The risk, in his view, is that the market’s “cleansing stress” shifts into something more final if price weakness compounds. Adler flagged the sub-$60,000 area as a line where continued growth in realized losses alongside further price decline could turn a correction into “full-blown capitulation”, not because the current prints are small, but because the regime could extend and deepen. For now, Adler’s core claim is that Bitcoin is producing Luna-sized loss signals without Luna-like structural damage. Same order of magnitude on-chain, different story in the tape. At press time, BTC traded at $67,924. Featured image created with DALL.E, chart from TradingView.com
The companies are joining forces to introduce an RWA-backed stablecoin on OKX’s Ethereum-compatible layer-2 blockchain, X Layer.
Digital Currency Group CEO Barry Silbert believes a noticeable shift could be coming inside the crypto market. Speaking at Bitcoin Investor Week in New York, Silbert said that 5% to 10% of Bitcoin’s capital may eventually move into privacy-focused cryptocurrencies such as Zcash. He remains bullish on Bitcoin and still sees it as a core …
Binance's strategic Bitcoin accumulation underscores institutional confidence in crypto, potentially stabilizing market sentiment amid volatility.
The post Binance SAFU Fund completes $1B Bitcoin accumulation appeared first on Crypto Briefing.
Bitcoin is facing renewed selling pressure after losing the key $70,000 level, a breakdown that has pushed the market into a more defensive phase. The inability to hold this psychological support has weighed on sentiment. With traders increasingly cautious as volatility rises and liquidity conditions remain uncertain. Price action near the mid-$60,000 range now represents a critical zone where market participants are assessing whether the current move is a deeper correction or simply another consolidation phase within the broader cycle. Related Reading: Bitcoin Drop Wipes Billions From Recent Buyers: New Whale Cost Basis Falls Toward $90K On-chain data highlighted by analyst Axel Adler adds important context to the recent decline. According to his analysis, realized losses across the Bitcoin network have surged to levels comparable to those seen during the June 2022 Luna and UST crash. At first glance, this suggests significant stress and widespread capitulation among investors. However, the price backdrop is markedly different this time. Whereas the 2022 losses occurred when Bitcoin traded near $19,000, the current wave of loss realization is unfolding around $67,000. This distinction materially changes how the signal is interpreted. Rather than pointing to systemic market collapse, the data may reflect the flushing out of late-cycle buyers and leveraged positions, leaving Bitcoin at a pivotal stage where demand strength will determine the next directional move. Extreme Realized Losses Signal Capitulation, Not Structural Breakdown Axel Adler’s latest on-chain assessment highlights a sharp deterioration in Bitcoin’s realized profit and loss dynamics. The Bitcoin Net Realized Profit/Loss 7-day moving average recently dropped to around -$1.99 billion, signaling large-scale loss-taking comparable to conditions seen during the June 2022 Luna-driven market shock. This metric tracks the balance between realized profits and losses from coins moving on-chain, offering a smoothed view of investor behavior over time. Although the indicator slightly recovered to roughly -$1.73 billion in the following days, it still represents the second-deepest negative reading on record. Net losses have remained below -$1.7 billion for several consecutive sessions. This indicates persistent seller pressure and ongoing capitulation among investors who entered the market at higher prices. Historically, a sustained return above zero has marked transitions back to profit-dominant market phases. Bitcoin Realized Loss has climbed to approximately $2.3 billion on a 7-day basis, a level comparable to peak stress during the 2022 crash. However, the broader context differs significantly. Similar loss volumes are now occurring near $67,000 rather than $19,000, suggesting a cyclical flush of late bull-market entrants rather than systemic market failure or structural network deterioration. Related Reading: Ethereum Holders Shift To Self-Custody As Market Consolidates Near $2K Bitcoin Breakdown Extends As Momentum Remains Bearish Bitcoin’s daily chart reflects sustained downside pressure after the decisive loss of the $70,000 level. The price is now hovering in the mid-$60,000 range following a sharp decline. The move confirms a clear shift in short-term market structure, characterized by lower highs, accelerating selloffs, and repeated failures to reclaim former support zones. This pattern typically signals weakening bullish momentum and increasing caution among market participants. Technically, Bitcoin is trading below key moving averages, which now act as overhead resistance rather than support. The inability to recover these levels suggests that sellers continue to dominate short-term price action. Recent spikes in trading volume during the drop reinforce the idea of forced deleveraging and defensive positioning rather than orderly rotation or accumulation. Related Reading: Ethereum Crash Below $2,000 Triggers Record Token Movement: Hinting At Capitulation The $60,000–$62,000 region emerges as the next critical support area. Aligning with prior consolidation zones and historical liquidity clusters. Holding this range would help stabilize sentiment and potentially enable consolidation. A break below it, however, could open the door to deeper retracement scenarios. Featured image from ChatGPT, chart from TradingView.com
Folkman says more details will be revealed soon at an event at Mar-a-Lago.
Strategy CEO Phong Le says the company is moving away from issuing and selling common stock to buy Bitcoin and isn't interested in acquiring Bitcoin treasuries.
Aster's mainnet launch could significantly enhance decentralized finance by prioritizing privacy and expanding access to real-world assets.
The post Aster to launch layer 1 mainnet in March with privacy-first features appeared first on Crypto Briefing.
Strategy Inc., the largest corporate holder of Bitcoin, is preparing to issue more perpetual preferred shares to attract investors who want Bitcoin exposure without sharp stock price swings. Meanwhile, the move comes as its stock swings sharply with Bitcoin, and the company looks for safer, yield-based funding options tied to its digital asset treasury strategy. …
XRP’s price has drifted lower this week, slipping roughly 4.5% and trading below $1.40, as macroeconomic pressures and unresolved regulatory issues weigh on digital assets. Related Reading: Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber Market data from major price aggregators show XRP’s market capitalization at around $85 billion, amid persistent volatility in broader crypto markets. Despite this downturn, some analysts underline technical patterns and potential policy shifts that could set the stage for a significant market move. XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview XRP Price Action and Technical Signals On the technical front, crypto analysts note that XRP recently returned to the lower boundary of a long-term price channel on the weekly charts, a level that has historically preceded upward trends. According to chart interpretations, XRP’s price tends to rebound strongly after touching this support zone, with similar patterns seen in early 2017, late 2024, and earlier in 2026. These bottoms have often led to extended upticks, suggesting traders might be watching the current zone closely as a potential entry point. Short-term price metrics reflect ongoing pressure. XRP is trading below key moving averages and immediate support levels, with few strong bullish catalysts in sight today. Institutional interest in spot XRP ETFs has cooled compared with early phases of their launch, and derivatives markets show traders unwinding positions, with a negative weighted funding rate signaling short-term bearish sentiment. Regulatory Uncertainty and Macro Headwinds Regulatory ambiguity remains a significant factor influencing XRP’s performance. Discussions in Washington over crypto policy, particularly around stablecoins and digital asset oversight, have failed to provide clear guidance, leaving traders cautious. Investor commentary has picked up, with some market figures suggesting that XRP could benefit from broader regulatory changes. Well-known investor Mark Yusko noted potential shifts in digital asset rules that could limit access to private stablecoins and elevate alternative assets like XRP for payments and reserves. While specifics on timing and structure remain vague, the idea of upcoming rule changes has fueled debate within the crypto community. What Analysts Are Watching Despite the bearish drift, a number of analysts are closely watching structural signals. Technical patterns that historically signalled rebounds could hint at future strength if broader market sentiment stabilises. Some traders see current price levels as key to positioning for a possible breakout should regulatory clarity or macro conditions improve. Related Reading: BlockTower’s Ari Paul: Bitcoin May Never Hit Another All-Time High Overall, XRP’s short-term outlook is mixed. Current price behavior reflects ongoing market uncertainty, but technical patterns and potential policy developments keep the door open for a larger move if external conditions shift. Cover image from ChatGPT, XRPUSD chart on Tradingview
Fundstrat's Tom Lee argues Ether is close to the bottom and says investors should be thinking about opportunities instead of selling.
The Treasury appointed banking giant and law firm Ashurst to steer its digital gilt trial this year as Britain plays catch-up to Hong Kong and Luxembourg.
Russian news outlets reported on Wednesday that WhatsApp’s domain had been completely blocked and was inaccessible without a VPN or another workaround.
The warning comes as crypto firms push for deeper access to the U.S. banking system, heightening tensions over unresolved regulatory gaps.
In a decisive move signaling institutional confidence, a Solana whale swam into the Patos Meme Coin presale late Tuesday, executing a high-volume accumulation strategy that has rippled through the on-chain analytics community. Around 9:00 PM EST, smart money wallets tracked a massive inflow of capital into the Patos treasury, resulting in the purchase of nearly …
Charles Hoskinson has confirmed that LayerZero will be integrated into the Cardano blockchain, marking a major step in Cardano’s institutional expansion strategy. The announcement came during his keynote at Consensus Hong Kong 2026, where the Input Output CEO revealed that the institutional-focused protocol will be ported over to Cardano. LayerZero has been positioning itself as …
Tether could soon become one of the top 10 buyers of U.S. Treasury bills, according to Bo Hines, CEO of Tether’s U.S. arm. The shift is being driven by explosive demand for USDT, the world’s largest stablecoin, and the launch of USAT, its new U.S.-compliant counterpart. Speaking at Bitcoin Investor Week, Hines signaled that as …
Dogecoin corrected some gains and traded below $0.0950 against the US Dollar. DOGE is now holding the $0.0885 support but might decline further. DOGE price started a fresh downside correction from $0.1020. The price is trading below the $0.10 level and the 100-hourly simple moving average. There is a key declining channel forming with resistance at $0.0935 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0880. Dogecoin Price Dips Again Dogecoin price started a downside correction after it failed to clear $0.1020, like Bitcoin and Ethereum. DOGE declined below the $0.10 and $0.0980 levels. There was a move below the 50% Fib retracement level of the upward move from the $0.080 swing low to the $0.1020 high. The bears even pushed the price below $0.090. Besides, there is a key declining channel forming with resistance at $0.0935 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.10 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0935 level. The first major resistance for the bulls could be near the $0.0950 level. The next major resistance is near the $0.10 level. A close above the $0.10 resistance might send the price toward $0.1050. Any more gains might send the price toward $0.1120. The next major stop for the bulls might be $0.120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.10 level, it could continue to move down. Initial support on the downside is near the $0.0885 level and the 61.8% Fib retracement level of the upward move from the $0.080 swing low to the $0.1020 high. The next major support is near the $0.0850 level. The main support sits at $0.080. If there is a downside break below the $0.080 support, the price could decline further. In the stated case, the price might slide toward the $0.0765 level or even $0.0750 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.0885 and $0.0850. Major Resistance Levels – $0.0935 and $0.1000.
Ethereum has slipped below the key $2,000 level again, reflecting renewed selling pressure across the broader crypto market. The move places ETH back in a technically fragile zone, where sentiment tends to deteriorate quickly as traders reassess risk exposure and liquidity conditions tighten. Related Reading: Bitcoin Drop Wipes Billions From Recent Buyers: New Whale Cost Basis Falls Toward $90K A recent CryptoQuant report provides additional context by analyzing so-called “accumulating addresses,” a specific class of wallets designed to isolate long-term conviction holders. These addresses show no history of outflows, have received at least 100 ETH in their latest inflow, recorded multiple inbound transactions, maintain balances above 100 ETH, and have remained active over the past seven years while excluding exchanges, miners, and smart contract wallets. According to the report, these accumulation addresses now hold roughly 27 million ETH, representing about 23% of the circulating supply. This concentration suggests that a significant share of Ethereum remains in strong hands despite recent volatility. Still, persistent selling pressure below $2,000 highlights the market’s sensitivity to macro conditions, leverage dynamics, and shifting capital flows, leaving Ethereum at a critical inflection point in the near term. Whether buyers defend this area or allow further downside will likely shape sentiment, volatility expectations, and short-term positioning across the Ethereum derivatives and spot markets. Ethereum Trades Below Accumulating Address Realized Price Ethereum’s recent price action gains additional context from the same CryptoQuant analysis. It highlights how ETH is currently trading relative to the Realized Price of accumulating addresses. This metric reflects the average acquisition cost of long-term conviction holders — wallets that consistently receive ETH without distributing it back to the market. Historically, trading below this level has been rare and often associated with periods of elevated stress. According to the report, ETH has traded below the Realized Price of these accumulating addresses only twice over the past nine years. The first occurrence happened during the 2025 cycle low. A time when broad market weakness and liquidity contraction pushed prices into deep discount territory. The second instance has been unfolding since January 2026. Suggesting that current market conditions are again testing long-term holder cost bases. From a structural standpoint, this type of deviation can carry two interpretations. It may signal capitulation and undervaluation, where weak hands exit while stronger investors accumulate. Alternatively, prolonged trading below realized cost levels can reflect persistent macro headwinds, subdued demand, or leverage unwinds delaying recovery. Related Reading: Ethereum Holders Shift To Self-Custody As Market Consolidates Near $2K Price Action Showing Weakness Ethereum’s price action continues to show structural weakness on the weekly chart, with ETH recently losing the psychological $2,000 level after failing to hold above its key moving averages. The break below this zone places the price back under the mid-cycle support area that previously acted as both accumulation and breakout territory. ETH remains below the shorter-term weekly moving average. The longer-term trend lines appear to be flattening, reflecting slowing momentum rather than clear trend continuation. Volume patterns also suggest distribution, with recent selloffs accompanied by rising activity, typically associated with risk reduction and position unwinding. Related Reading: Ethereum Supply on Exchanges Mirrors 2016 Levels: What Happens Next? Historically, similar setups have preceded either extended consolidation phases or deeper corrective moves. It usually depends largely on broader liquidity conditions and macro risk appetite. If buyers fail to reclaim the $2,000 region quickly, downside targets could shift toward previous high-volume nodes near the $1,600–$1,700 range. Where historical demand previously emerged. Conversely, a decisive recovery above that level would improve sentiment. And would also suggest the recent move was primarily a leverage-driven flush rather than the start of a broader structural downtrend for Ethereum in this cycle. Until then, price action likely remains sensitive to macro liquidity shifts and derivatives market positioning dynamics overall. Featured image from ChatGPT, chart from TradingView.com
Midnight will target "billions who don't know they need privacy" rather than privacy maxis as mainnet launch nears in March, he said.
Binance Thailand's chief executive said it is a "watershed moment" for digital assets in the country, which he says are no longer merely speculative instruments.
Ethereum co-founder Vitalik Buterin and the Ethereum Foundation’s head of AI have proposed a method to keep users’ AI API calls private while still allowing punishment for abuse.
XRP price failed to surpass $1.50 and started another decline. The price is now correcting gains and might find strong bids near $1.340. XRP price started a downside correction and declined below $1.420. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1.4050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $1.3320. XRP Price Holds Support XRP price failed to stay above $1.50 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $1.450 and $1.420 levels to enter a negative zone. The price even dipped below the 38.2% Fib retracement level of the upward move from the $1.1356 swing low to the $1.5435 high. However, the bulls remained active near the $1.340 zone. Besides, there is a declining channel forming with resistance at $1.4050 on the hourly chart of the XRP/USD pair. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.40 level. The first major resistance is near the $1.4050 level, above which the price could rise and test $1.4650. A clear move above the $1.4650 resistance might send the price toward the $1.50 resistance. Any more gains might send the price toward the $1.5250 resistance. The next major hurdle for the bulls might be near $1.550. More Losses? If XRP fails to clear the $1.4050 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3380 level or the 50% Fib retracement level of the upward move from the $1.1356 swing low to the $1.5435 high. The next major support is near the $1.2920 level. If there is a downside break and a close below the $1.2920 level, the price might continue to decline toward $1.250. The next major support sits near the $1.2320 zone, below which the price could continue lower toward $1.2150. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.3380 and $1.2920. Major Resistance Levels – $1.4050 and $1.450.
Despite the deposit and withdrawal halt, BlockFills customers can still place trades on the platform to open and close positions.
HYPE, the price ticker often used for the Hyperliquid ecosystem token (HYPE), has been under pressure in recent sessions as broader market weakness intersects with profit-taking and technical sell signals. Related Reading: Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber While on-chain activity and exchange metrics point to growing market share for the Hyperliquid decentralized exchange (DEX), the token’s price has dipped toward critical support levels, prompting questions about whether $25 can hold as a floor. HYPE's price moving sideways following an uptick on the daily chart. Source: HYPEUSD on Tradingview HYPE Price Weakness Meets Broader Market Trends As of the latest data, Hyperliquid (HYPE) is trading around $28.6, down from recent highs and roughly 51% below its all-time peak recorded in September 2025. The 24-hour trading volume remains elevated at over $285 million, suggesting active participation even amid the decline. In the short term, technical indicators have shown bearish momentum, with resistance forming above current levels and support zones near $24–$26, making this range a focus for traders gauging near-term risk. Investors have pointed to leverage flushes and large position liquidations as catalysts for downward pressure in recent sessions. Earlier reports flagged concentrated selling from leveraged casts that sent ripples through perp markets, contributing to price swings across derivatives tokens, including HYPE. DEX Growth and Exchange Share Gains Despite price softness, fundamental usage metrics for the Hyperliquid protocol tell a different story. Across 2025, Hyperliquid’s notional trading volume reached approximately $2.6 trillion, nearly double the $1.4 trillion processed by Coinbase, one of the largest centralized exchanges, according to analytics firm Artemis. The significant growth in the trading volume suggests that traders are increasingly allocating activity to on-chain venues, particularly those offering decentralized perpetual futures. Further supporting this trend, Hyperliquid’s permissionless perpetual markets (HIP-3) recorded a $5.2 billion daily trading volume, driven in large part by precious metal contracts such as silver. What’s Next for Hyperliquid’s Support Levels? The juxtaposition of strong underlying volume and a weakening token price underscores the complexity of the current selloff. If selling pressure persists, the $25–$26 zone will be critical to watch; a breach could expose lower support near $22. Conversely, stabilization above this range could shift sentiment toward accumulation, especially if broader market conditions improve. Related Reading: BlockTower’s Ari Paul: Bitcoin May Never Hit Another All-Time High In a market where exchange usage and on-chain activity are becoming as important as price alone, HYPEUSD’s ability to consolidate at key levels may prove decisive for its next directional. Cover image from ChatGPT, HYPEUSD chart on Tradingview
Thailand will allow digital assets to back regulated derivatives, deepening crypto’s role in its capital markets.
The perpetual preferred STRC hits $100 par amid bitcoin downturn, enabling potential further BTC purchases for the company.