Market Signal Briefing

Nolato AB (publ) (NLTBF) Q4 2025 Earnings Call February 5, 2026 8:45 AM EST

Company Participants

Christer Wahlquist - President, CEO & Interim President of Industrial Solutions
Per-Ola Holmström - Executive VP & CFO

Conference Call Participants

Carl Ragnerstam - Nordea Markets, Research Division
Oscar Ronnkvist - SEB, Research Division

Presentation

Operator

Hello, and welcome to today's presentation with Nolato, who is going to present the report for the Fourth Quarter of 2025. With us here to present today is CEO, Christer Wahlquist; and CFO, Per-Ola Holmstrom. [Operator Instructions]. After presentation, there will be a Q&A. [Operator Instructions] And with that said, I hand over the word to you guys.

Christer Wahlquist
President, CEO & Interim President of Industrial Solutions

Thank you, and welcome to the presentation of Nolato's Fourth Quarter of 2025. Starting on Page 2, we had sales that totaled just shy of SEK 2.3 billion in the quarter, which gives a growth of approximately 2% adjusted for currency. We saw an increased growth rate for the Medical Solutions business area at 5%. We saw a decrease of approximately 1% for Engineered Solutions adjusted for currency. We had some headwinds on the sales in the last part of the quarter due to Christmas holidays and during that time. Our operating profit ended up at SEK 236 million in comparison to SEK 240 million. This was strongly affected by currency headwinds of 6%. The margin rose to 10.4%. So we saw improved margins in both areas, but sequentially lower due to somewhat weaker volumes during the Christmas break and also some startup costs for the new programs in United States.

If we focus on the full year of 2025, we ended up at close to SEK 9.5 billion in sales. That was corresponding to a 2% increase adjusted for currency. We saw an

Q1: 2026-02-05 Earnings SummaryEPS of $0.71 beats by $0.04

 |

Revenue of

$261.20M

(-0.27% Y/Y)

beats by $3.13M

Embecta Corp. (EMBC) Q1 2026 Earnings Call February 5, 2026 8:00 AM EST

Company Participants

Pravesh Khandelwal - VP & Head of Investor Relations
Devdatt Kurdikar - President, CEO & Director
Jake Elguicze - Senior VP & CFO

Conference Call Participants

Sam Eiber - BTIG, LLC, Research Division
Gracia Mahoney - BofA Securities, Research Division
Ryan Schiller - Wolfe Research, LLC

Presentation

Operator

Welcome, ladies and gentlemen, to the Embecta Corp.'s Fiscal First Quarter 2026 Earnings Conference Call. [Operator Instructions]. Please note that this conference call is being recorded, and a replay will be available on the company's website following the call.

I would now like to hand the conference call over to your host today, Mr. Pravesh Khandelwal, Vice President of Investor Relations. Mr. Khandelwal, please go ahead.

Pravesh Khandelwal
VP & Head of Investor Relations

Thank you, operator. Good morning, everyone, and welcome to Embecta's Fiscal First Quarter 2026 Earnings Conference Call. The press release and slides to accompany today's call and webcast replay details are available on the Investor Relations section of the company's website at www.embecta.com.

With me today are Dev Kurdikar, Embecta's President and Chief Executive Officer; and Jake Elguicze, our Chief Financial Officer.

Before we begin, I would like to remind you that some of the matters discussed in the conference call will contain forward-looking statements regarding future events as outlined in our slides, including those referenced on Slide 2 of today's conference call presentation. Such statements are, in fact, forward-looking in nature and subject to risks and uncertainties and actual events or results may differ materially.

The factors that could cause actual results or events to differ materially include, but are not limited to, factors referenced in our press release today as well as our filings with the SEC, which can be accessed on our website. In addition, we will

CORRECTION...by Faraday Future Intelligent Electric Inc.

LAS VEGAS--(BUSINESS WIRE)--Please replace the release dated Feb. 4, 2026 with the following corrected version due to revisions to the first subheadline. It should read:

Three robotic products, FF Futurist, FF Master, and FX Aegis, start sales and pre-order collection on the same day, with the first batch of deliveries planned for the end of February. The Mobile Manipulator Robot Series is planned to be launched in the second quarter. The updated release reads:

FARADAY FUTURE LAUNCHES THREE SERIES OF ROBOT PRODUCTS IN LAS VEGAS AT THE ANNUAL NADA SHOW, AIMING TO BECOME THE FIRST U.S. COMPANY TO DELIVER BOTH HUMANOID AND BIONIC ROBOTS

Three robotic products, FF Futurist, FF Master, and FX Aegis, start sales and pre-order collection on the same day, with the first batch of deliveries planned for the end of February. The Mobile Manipulator Robot Series is planned to be launched in the second quarter. Pricing of the three robots was also announced with the FF Futurist series starting from $34,990, plus $5,000 Ecosystem Skill Package; the FF Master series starting from $19,990, plus $3,000 Ecosystem Skill Package; and the FX Aegis series, starting from $2,499, plus $1,000 Ecosystem Skill Package. FF is pioneering a new ecosystem-based pricing framework designed to move the industry into what FF calls the “Demand-Driven Robotics Era.” The total number of FF EAI Robotics units covered by non-binding and non-refundable B2B deposits reached more than 1,200, which marks a terrific start for the Company’s robotics goals. EAI robotics have also entered the production preparation phase, while scenario-specific customization, testing, and data training are being carried out in parallel to accelerate the upcoming delivery process. The Company provided further details and showcased FF’s Innovative FF Par Model to dealers in Las Vegas and held a partner recruitment event for preliminary sales partners for FF EAI Robotic products. FF EAI Robotics has entered into a non-binding letter of intent with AIxC to evaluate opportunities to collaborate in Web 3. Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced the establishment of FF EAI-Robotics Inc., headquartered in California, and officially launched its first batch of Embodied AI (EAI) humanoid and bionic robots—FF Futurist (full-size professional humanoid), FF Master (athletic “action master” humanoid), and FX Aegis (quadruped security/companion), with the first batch of deliveries planned for the end of February, and with the target to be the first in North America to deliver both humanoid and quadruped robots simultaneously.

The unveiling occurred at the annual National Automobile Dealers Association (NADA) Show in Las Vegas, NV. In addition to the three robotic entries, the Company unveiled the “Three-in-One” FF EAI Robotics Ecosystem Strategy, Technology and Product, which includes three core components: EAI Device, EAI Brain & Open-Source and Open Platform, and EAI Decentralized Data Factory.

The full video of the event can be found here: https://www.ff.com/us/NADA2026/

FF not only launched the first three FF embodied intelligence (EAI) robots but also opened paid non-binding pre-orders and full sales, as it strives to achieve initial deliveries in the same month, targeting to become the first U.S. company to deliver both humanoid and quadruped robots and one of the industry leaders in EAI robotics.

As of today, the total number of FF EAI Robotics units covered by non-binding and non-refundable paid B2B deposits has reached more than 1,200, which marks a terrific start for the Company’s robotics goals. These B2C preorders were made by entities receiving compensation for cocreation activities.

EAI Robotics and EAI Vehicles:

With this new strategy, FF looks to take the lead in opening a new AI frontier—starting in the U.S. This dual-track growth model, driven by both EAI vehicles and EAI robotics, could define a new growth curve for the Company.

This move is a natural extension of the AI DNA that has been embedded in FF since day one. It is also the inevitable evolution of the vehicle-as-robot concept the Company proposed ten years ago.

Second, this replicates and upgrades FF’s Auto Industry Bridge model, based on full regulatory compliance and localized deployment of data, software, AI, cloud services, and operating systems, FF could integrate a global EAI supply chain to deliver robots with a high price-performance ratio, filling a critical market void in the United States.

Third, the AI robotics business features lighter investment, faster delivery, and could generate positive operating cash flow more quickly.

Fourth, EAI robotics and EAI vehicles act as twin engines driving FF forward. They work hand-in-hand across R&D, manufacturing, sales, and service. Combined with FF’s Dual-Flywheel, Dual-Bridge, and Dual-Public-Company structure, they could create a strong ecosystem synergy and open a new growth curve for the company.

“Today marks a pivotal and exciting point in FF’s history, one that we’ve been planning for some time now,” said YT Jia, Founder and Global Co-CEO at FF. “Working alongside humans, we believe EAI robots will help reshape productivity models and drive a new leap forward in productivity through human–machine symbiosis.”

Robots:

Three robotic forms were introduced at the NADA event. FF Futurist, FF Master, and FX Aegis. First, FF Futurist, is positioned as a full-size, professional EAI humanoid robot—an all-around expert for professional roles. It is targeted to become the first humanoid robot in the United States to achieve mass production and delivery.

Second, FF Master, positioned as an athletic EAI humanoid robot. It is an all-intelligence action master that truly understands you. We believe that it will be one of the most cost-effective humanoid robot products in the U.S. market.

Third, FX Aegis, positioned as a professional quadruped EAI robot for security and companionship. It is a loyal, practical guardian, and will be one of the earliest robot friends to enter your daily life and work environments.

FF Futurist: Is a full-size, professional EAI humanoid robot—your all-around expert for professional roles. He was built for the real world. To take on serious jobs, work alongside people. Powered by the NVIDIA Orin platform, he can deliver up to 200 TOPS of computing power, with support for continuous upgrades and expansion. That means he doesn’t just understand complex environments—he can grow with every new task, every new industry, and every new challenge.

He sees the world in detail with industry-leading perception. He has a perception system that combines multiple high-resolution cameras, fisheye camera, RGB-D camera, 3D LiDAR, and tactile sensors. With Wi-Fi and 5G, He can support remote control, VR teleoperation, and collaborative work.

FF Futurist will have 28 high-performance motors, peak torque of up to 500 Newton-meters, a power density of 125 Newton-meters per kilogram, 3-hour operating time and hot-swappable battery design. He can support natural interaction in up to 50 languages, and features a fully customizable, interactive facial display. Combined with tailored software solutions, he can deliver a thousand faces for a thousand robots, adapt to different people, different roles, and different moments.

FF Futurist Usage Scenarios: He can be seen in many roles including in hotels, showrooms, and museums, basically a multilingual super concierge. In retail, dealerships, and real estate, he is the most professional super sales advisor. On stage, at launch events and shows, he is a composed and versatile super host. In schools, institutions, and labs, he is a forward-looking research and teaching assistant. In theme parks and pop-ups, he can be the most intelligent brand ambassador. In the next phase, he can be entering homes and factories, as a friendly household assistant and a productive industrial partner, giving people back more time for creativity and innovation.

FF Master: Is an athletic EAI humanoid robot—your all-intelligence action master who truly understands you. He can be more than just an AI companion but instead a real companion who helps in everyday life. At home, he can study with your kids, chat with your parents, and help you unwind. When you are away, he helps you check in on your home through remote video and sensors after the upgrade to make sure everything is okay. He can adapt and learn new skills. He has 30 degrees of freedom in his body, not counting his hands.

FF Master Usage Scenarios: At events, he can be a “Chief Interaction Officer.” In classrooms and labs, he can be a hands-on assistant for research and training. He can constantly evolve, maybe become your personal trainer, your outdoor companion—stepping beyond the living room, exploring further, and discovering more possibilities of life.

FX Aegis: Is a professional, embodied AI quadruped robot designed for security and companionship. Aegis is naturally adaptable to complex environments. Its peak joint torque can reach 48 Newton-meters, easily overcoming obstacles of about 13 inches and climbing stably on slopes of 40 degrees. Aegis supports Wi-Fi and 5G communication and can also expand to remote operation capabilities, allowing it to work continuously outdoors, in industrial sites, and even in areas far from network coverage.

Aegis is highly adaptable both structurally and functionally. It comes standard with a quadrupedal structure, while also supporting an optional four-wheeled version; it can flexibly expand with LiDAR, depth cameras, communication modules, and even robotic arms, fire extinguishers, and professional security plugins according to task needs—allowing it to seamlessly integrate into different scenarios.

On the software level, it can connect with home, campus, and industrial security systems, achieving continuous patrol, status feedback, and intelligent linkage. Aegis also comes with mature autonomous patrol and follow-me capabilities. It can perform stably without frequent human-machine interaction. Outdoors and on the road, it can follow alongside, providing lightweight assistance and safety assurance.

FX Aegis Usage Scenarios: On the road, it’s a reliable traveling partner. In factories and law enforcement—it functions as a professional security pioneer. In emergency rescue and high-risk environments, it is always the first to enter the scene. And in asset inventory and small item delivery tasks, it is also a punctual, silent mobile messenger.

Robotics Pricing/Sales/Service:

Today, FF also announced the pricing for its three embodied AI robots. It is as follows:

The FF Futurist series, starting from $34,990.

The FF Master series, starting from $19,990.

The FX Aegis series, starting from $2,499.

The Ecosystem Skill Package for FF Futurist is priced at $5,000. For FF Master, the Ecosystem Skill Package is priced at $3,000. For FX Aegis, the Ecosystem Skill Package is priced at $1,000. This is applicable only to products equipped with secondary development capabilities. FF also contemplates offering financing, leasing, and rental options, so customers can choose the model that works best for them. And as a reminder, future users can place their orders directly at www.FF.com

On the service side, FF will provide after-sales support, along with OTA updates and remote technical services.

“Today, the issues and pain points that limited robotics advancement in the past have turned into massive industry opportunities,” said tech creator Jon Rettinger. “Breakthroughs in large language models, AI computing power, battery technology, and world models have changed the equation. There’s no doubt that the embodied AI robotics industry is reaching a critical moment—a tipping point where technological breakthroughs are giving way to large-scale commercialization.”

FF’s Robotics Brand Vision:

Through FF EAI-Robotics Inc. and the brand slogan “Solving real-world problems with EAI, and building a civilization of human–machine symbiotic productivity,” FF positions embodied AI robots, together with vehicles, to drive the next stage of productivity and civilization evolution.

“6-3-3” Industry Applications & Practical Value:

Built on six leading tech/product advantages, FF introduced the “6-3-3 Industry Applications and Practical Value” framework: six commercial & public-service scenarios, three family service scenarios, and three industrial scenarios, covering needs across enterprises, public institutions, households, and tech-enthusiast individuals.

Four Trends:

FF outlined four key “Four Trends" for the robotics industry—General & Autonomy, Profession & Expertise, Data as an Asset, and Protocol-based Ecosystem, defining the path from single-purpose machines to a scalable human–machine symbiotic ecosystem.

FF Par - FF’s Co-Creation User Ecosystem Partner program:

FF Par introduces two major upgrades to the traditional dealership model. First, a business model upgrade. Instead of relying solely on one-time vehicle sales, FF Par enables a sustainable revenue model built on vehicle sales + user operations + intelligent terminal ecosystem operations. Partners can share in the long-term value across the product lifecycle—without bearing traditional risks such as high inventory pressure, high operating costs, or pricing instability.

Second, a capital model upgrade. Partners are brought into FF’s co-creation ecosystem—meaning dealers don’t just sell products, they become stakeholders, directly participating in and sharing the long-term capital value. Upgraded dealer & partner platform – FF Par redefines the traditional dealership model with a user-operations-driven partner platform that upgrades both business (vehicle sales + user operations + intelligent terminal ecosystem) and capital models (partners becoming FF-level value sharers), and positions future dealers as “intelligent terminal operators” selling both vehicles and robots.

FF firmly believes that FF’s user co-creation ecosystem will inject new vitality into automotive dealerships across the United States—offering an innovative solution built on user operations and intelligent terminal ecosystems. FF also believes that the future sales channels for robotics will highly overlap with automotive channels. Tomorrow’s car dealers can evolve into “intelligent terminal operators”—selling both vehicles and robotics products.

Looking over the long-term, FF believes that global robot ownership could reach tens of billions of units over time, potentially far exceeding the scale of today’s global automobile fleet.

Note: Event materials will be available on the FF IR website at https://investors.ff.com/events-and-presentations

ABOUT FARADAY FUTURE

Faraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand’s pursuit of ultra-luxury, cutting-edge technology, and high performance. FF’s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit https://www.ff.com/

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding FF’s entry into the embodied AI robotics market, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include, among others: demand for our robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; our reliance on a single OEM for robotics products; our ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for products imported products, particularly China; demand from automobile dealers for robotics products; the Company’s ability to maintain its listing on Nasdaq; the availability of sufficient share capital to execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure an occupancy certificate for its Hanford facility; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively, and other documents filed by the Company from time to time with the SEC.

More News From Faraday Future Intelligent Electric Inc.

Wedbush analysts reiterated an ‘Outperform’ rating on FuboTV (NYSE:FUBO), saying they are “cautiously optimistic” the company can capitalize on growth opportunities following its recent combination with Hulu Live.

Fubo’s shares have been under pressure since the company reported its first-quarter results as a combined business, withheld forward guidance, and announced a reverse stock split.

“This remains a show-me story that needs a clear vision,” the analysts wrote, adding that the reset “provides a floor for institutional investors to participate in upside over the next two years.”

The analysts said they see potential for cost, revenue, and operational synergies through flexible programming, advertising optimization, and marketing opportunities, particularly as Fubo’s ad inventory is expected to be sold alongside Disney properties. 

They highlighted opportunities in advertising, content and programming costs, and procurement, while noting that management did not provide guidance on revenue, EBITDA, or synergy projections.

Wedbush said it sees upside from Fubo leveraging Disney’s expertise and its scale as the number two player in the North American virtual multichannel video programming distributor market to drive higher advertising ARPU.

“We see a runway to >$400 million in EBITDA by financial year 2028,” the analysts wrote, adding that they believe the combined platform could be a more competitive rival to YouTube TV than either business on a standalone basis.

The firm lowered its 12-month price target to $3.50 from $5, reflecting updated long-term EBITDA assumptions, and reiterated its ‘Outperform’ rating, saying it expects Fubo’s shares to rise on improving EBITDA and positive free cash flow through 2026.

Shares drop 14% as investors brace for potential quarterly loss and question equity-funded BTC accumulation strategy.

Strategy, the largest corporate Bitcoin treasury holder, is heading into its fourth-quarter earnings report under pressure as Bitcoin falls toward $65,000, deepening unrealized losses on its massive BTC holdings.

The company holds approximately 713,000 BTC, acquired at an average price of $76,000, according to its latest filing. With Bitcoin trading around $65,500, that implies a paper loss of $7.5 billion, or a 14% drawdown. The filing also disclosed a fresh purchase of 855 BTC on Monday.

The market response has been swift. Strategy shares plunged 14% on Thursday, dropping to around $110, a level not seen since August 2024.

The losses come just hours before the firm’s Q4 2025 earnings release, scheduled for after market close. Analysts are forecasting EPS of -$0.08 on $118.81 million in revenue, down from $8.42 EPS and $128.69 million in revenue the previous quarter.

The projected decline highlights the company’s deep correlation to Bitcoin’s price and recent volatility.

Strategy’s capital-raising model relies on issuing equity to buy more Bitcoin. Despite the downturn, the company continues to trade at a modest premium to its net asset value, with an mNAV multiple of approximately 1.09.

That suggests Strategy can still raise capital without immediate dilution to shareholders. However, the company faces mounting scrutiny over whether that model remains viable in a drawdown.

Investors are now waiting to hear what Michael Saylor will say on the earnings call, as markets remain in a broad downturn and concerns grow over the firm’s Bitcoin-heavy strategy.

Crypto has taken a beating to start the year.

Since the close of trading last week, the price of Dogecoin (DOGE 11.47%) had crashed over 21%, as of 1:56 p.m. ET Thursday. The crypto sector has taken a beating all week, with few cryptocurrencies spared.

Mounting pessimism While Dogecoin's network has never had much real-world utility, it is one of the original cryptocurrencies and to this day remains a top 10 cryptocurrency by market cap.

Image source: Getty Images.

Cryptocurrencies often move in tandem with the sector, which is heavily influenced by Bitcoin, the world's largest cryptocurrency by market cap. Bitcoin has been crushed as investors have begun to question whether the token is truly a hedge against currency debasement and inflation. Tech stocks have also struggled lately, and cryptocurrencies can trade in a correlated fashion with this sector as well.

Today's Change

(

-11.47

%) $

-0.01

Current Price

$

0.09

There's a possibility that investors are treating crypto like software stocks, which are selling off amid fears that artificial intelligence will significantly upend current software solutions and business models. Blockchain technology has been seen as one of the most innovative new technologies, so it's possible that crypto investors are worried about how future AI will affect it.

Volatility is part of the game When investing in cryptocurrencies, one must be aware that this is an inherently volatile sector. Just like cryptocurrencies can soar quickly, they can also collapse quickly, too.

While there may be some dip-buying opportunities in the crypto sector, I don't view Dogecoin as one of them. The token has long been a meme token, and its network offers no real-world utility, as far as I can tell.

Bram Berkowitz has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

HBAR Price Faces 30% Risk as TVL-Led Slump Deepens Without ETF SupportFalling channel and 50% TVL drop show HBAR lacks liquidity support.CMF divergence signals selective buying, but ETF inactivity caps rallies.Loss of $0.080 support risks Fibonacci slide toward $0.062 and $0.043.HBAR price remains under heavy pressure as the broader crypto market stays weak. The token is down nearly 47% over the past three months and has slipped another 6% in the past 24 hours, tracking Bitcoin’s latest decline. More importantly, this is not just a short-term sell-off. Hedera’s price has been falling steadily since September, losing almost 67% from its highs.

Behind this move is a deeper problem: shrinking network liquidity, weak institutional demand, and fading retail participation. As TVL continues to fall and ETF inflows remain absent, charts now suggest that HBAR could face another major downside leg. Here is what the data is showing.

Hedera’s TVL Collapse Shows Liquidity Has Been Leaving for MonthsHBAR’s downtrend began in mid-September, when the price started trading against a falling trendline. Soon, the weakening prices entered a falling channel as lower highs met lower lows. Since then, every rally has been weaker, and each breakdown has pushed the token lower.

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HBAR Price Weakens: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

This HBAR price action mirrors what happened to Hedera’s on-chain liquidity.

Total value locked was near $122.5 million in September. It has now dropped to around $56 million, a decline of more than 50%. TVL measures how much capital is locked inside DeFi protocols. When TVL falls, it usually means users are withdrawing funds and activity is slowing.

TVL Degrowth: DefillamaIn simple terms, money started leaving the network months ago. The price just followed this fundamental weakness. This explains why HBAR’s decline looks gradual rather than sudden. Liquidity has been drying up steadily. Without fresh capital, rallies fail quickly.

As long as TVL stays weak, HBAR’s upside remains structurally limited.

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CMF Shows Selective Buying, But ETF and Retail Demand Remain WeakNot all signals are bearish.

The Chaikin Money Flow has been rising since mid-December, even as the price moved lower. This creates a bullish divergence, showing that some larger investors are accumulating. However, CMF is still below zero. Outflows still dominate. Inflows are improving, but not strongly enough.

Capital Flows Survive The Dip: TradingViewAt the same time, spot HBAR ETFs have shown no recent inflows over the past two weeks. ETFs bring institutional capital and could help CMF move above the zero line. Their absence limits upside momentum.

HBAR ETFs: SoSo ValueThe bigger warning comes from On-Balance Volume. OBV has been trending lower since October. This showed that participation and conviction were steadily weakening even during short-term bounces. Recently, OBV broke below this descending support line.

When OBV loses long-term support, it signals that selling pressure is accelerating and that market participation is deteriorating. It suggests that fewer buyers are stepping in, even at lower prices.

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Retail Conviction Breaks Down: TradingViewSo the current setup looks like this:

Some large buyers are accumulating slowly (CMF divergence) Institutional flows remain weak (ETF inactivity) Broader participation is shrinking (OBV breakdown) Without strong volume support, rallies lack follow-through. This explains why HBAR continues to fail at resistance despite occasional inflow signals.

Until OBV stabilizes and ETF demand improves, upside moves are likely to remain fragile.

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Falling Channel and OBV Breakdown Point to a 30% Risk ZoneThe Hedera Price structure confirms this fragile setup.

HBAR remains trapped inside a falling channel that has guided price lower since September, with a breakdown projection of around 30% if the lower trendline breaks.

The first major support sits near $0.080-$0.076. This zone has been in place since the October 10 crash. A daily close below it would weaken the structure. Below that, the next support lies near $0.062, based on Fibonacci extensions to the downside.

HBAR Price Analysis: TradingViewIf this level breaks, the channel projection points toward $0.043, opening the 30% breakdown path. On the upside, recovery remains difficult.

HBAR must first reclaim $0.107. A move above $0.134 is needed to break the bearish channel. But that likely requires:

A sustained TVL rebound Consistent ETF inflows Without both, any HBAR price bounce attempt may fade quickly.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

TLDR: Tether commits $100 million strategic equity investment in federally regulated Anchorage Digital Bank  Partnership builds on existing relationship through USA₮ stablecoin issuance and custody services  Investment reflects shared focus on secure, transparent infrastructure within regulatory frameworks  Deal strengthens institutional-grade digital asset services including custody, staking, and settlement Tether Investments has committed $100 million in strategic equity to Anchorage Digital, America’s first federally regulated digital asset bank.

The investment strengthens an existing partnership between the two entities. Both companies focus on secure, regulated infrastructure for mainstream digital asset adoption.

Anchorage Digital provides institutional-grade custody, staking, governance, settlement, and stablecoin services globally.

Regulated Infrastructure Drives Strategic Partnership The investment extends beyond financial backing to represent strategic alignment between Tether and Anchorage Digital.

Both organizations prioritize building infrastructure that operates safely at scale within clear regulatory frameworks.

Tether has shifted focus toward ensuring digital asset technology functions within established legal environments.

This approach includes collaboration with regulated institutions committed to transparency and market integrity. Anchorage Digital operates at the intersection of regulation and security in the United States and internationally.

The platform enables institutions, enterprises, and public sector organizations to engage with digital assets compliantly.

Tether’s experience with Anchorage Digital Bank through USA₮ stablecoin issuance informed this equity decision. The firsthand exposure to Anchorage Digital’s banking, compliance, and custody systems built confidence in the platform. This operational insight proved crucial as Tether evaluated long-term infrastructure partners.

The strategic investment reflects Tether’s broader focus on regulatory alignment and partnerships with institutions shaping stablecoin operations.

These partnerships help define how digital assets integrate into established financial and legal structures. Regulatory clarity remains central to both companies’ growth strategies.

Building Financial Infrastructure for Digital Asset Adoption According to Paolo Ardoino, CEO of Tether, the company exists to challenge the status quo and build global infrastructure for freedom.

He stated that the investment reflects shared belief in the importance of secure, transparent, and resilient financial systems. Ardoino noted that Anchorage Digital has set a strong benchmark for institutional digital asset infrastructure.

Nathan McCauley, Co-Founder and CEO of Anchorage Digital, described the investment as strong validation of their infrastructure approach.

He explained that Anchorage Digital believed from day one that digital assets would scale only through secure, regulated foundations.

McCauley emphasized that the alliance reflects shared conviction in this approach and provides momentum for continued development.

McCauley specifically mentioned building critical financial infrastructure for stablecoin issuance and the next era of markets.

The partnership provides additional resources as Anchorage Digital expands its institutional services. Both executives highlighted alignment on fundamental principles governing digital asset development.

Tether and Anchorage Digital share conviction that finance’s future depends on open systems with strong governance.

The companies aim to enable broader digital asset participation through regulated, institutional-grade infrastructure.

This approach promotes stability, inclusion, and long-term ecosystem confidence while supporting sustainable growth.

Ethereum (CRYPTO: ETH) is down around 30% over the past week, breaking below the $2,000 mark as technical and on-chain signals deteriorate. Network Activity Signals ‘Overheated' Conditions CryptoQuant data shows Ethereum's transfer count (14-day SMA) surged to 1.17 million on Jan. 29, a level historically linked to major market turning points.

TL;DR:

Hex Trust will serve as the primary gateway for institutions to access the Flare ecosystem. The alliance allows static assets like XRP to be transformed into productive collateral through FXRP issuance. Institutions will be able to perform FLR staking while maintaining compliance standards and regulated custody. Institutional custodian Hex Trust and Flare have joined forces to enable regulated FXRP minting and FLR staking. This collaboration seeks to remove entry barriers for large-scale capital looking to participate in the decentralized finance ecosystem.

Thanks to this alliance, institutions will be able to securely mint and redeem FXRP—a 1:1 representation of XRP on the Flare network. Furthermore, Hex Trust’s compliance infrastructure ensures these operations are conducted under strict governance controls.

Institutional-Grade DeFi Infrastructure This advancement directly addresses the risk limitations that previously prevented institutional funds from connecting their assets to staking protocols or cross-chain bridges. Consequently, assets that were previously idle can now be utilized as liquid collateral within a regulated framework.

The integration utilizes WalletConnect to allow interaction with Flare’s DeFi ecosystem without compromising the custody of private keys. In this way, it facilitates large-scale participation that respects the internal risk frameworks of financial firms.

Flare CEO Hugo Philion stated that this collaboration brings smart contract utility to assets that lack native programmability. On the other hand, Hex Trust reaffirms its commitment to providing customizable transaction policies and multi-approval workflows.

In summary, the ability to perform regulated FXRP minting and FLR staking represents a significant shift in the crypto market structure. With this solid foundation, Flare positions itself as a key network for institutional liquidity and digital asset security.

Once a cash-burning enterprise software firm, Strategy Inc. (NASDAQ:MSTR) – previously known as MicroStrategy Inc. – became the most extreme expression of the Bitcoin age. Under the vision of Michael Saylor, the company reinvented itself as a publicly listed Bitcoin accumulation vehicle — part software, part crypto treasury, part financial engineering experiment.

While the path to a spot ETF is nearly certain, U.S. banks are purging direct XRP holdings to escape the "institutional sales" stigma and prepare for a regulated Q2 2026 launch.

Author

David Pokima

Author

David Pokima

Part of the Team Since

Jun 2023

About Author

David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable blockchain news.

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Last updated: 

23 minutes ago

Six months after the SEC officially ended its crusade against Ripple, a paradox has gripped the desk: U.S. institutions are aggressively dumping direct XRP exposure while simultaneously lining up for the ETF launch.

At the time of writing, XRP was trading at $1.22, heavily discounted from its July 2025 peak of $3.65.

Xrp (XRP)

24h7d30d1yAll time

Despite the “legal clarity” celebrated in August, institutional conviction appears fractured. While Bitwise and WisdomTree updated their S-1 filings in October—pushing approval odds to a near-certain 95%—institutional Futures Open Interest (OI) has collapsed 73% since the settlement.

The EvidenceThe Settlement: The August 2025 Joint Stipulation finalized a $125 million penalty for historical institutional sales. Additionally, the SEC dropped its appeals, cementing the 2023 summary judgment that public sales are not securities.

The Divergence:

ETF Flows: Grayscale’s conversion filing for GXRP (Nov 2025), And Bitwise’s Amendment No. 4 indicates imminent approval. Direct Flows: On-chain data flags a $405,000 net outflow from institutional wallets in the last 24 hours alone. Reaction & OutlookThe Paul Atkins Factor: The new SEC Chair’s “Project Crypto” initiative has deprioritized enforcement, but banks remain paralyzed by the specific wording of Judge Torres’ ruling: direct sales to institutions are securities.

Next Step: The market is pricing in a spot ETF approval by Q2 2026. Until then, liquidity remains thin.

The Institutional TakeDon’t misread the futures collapse as bearishness; it is a compliance rotation. The Torres ruling created a toxic asset class for U.S. banks: holding XRP directly on a balance sheet still carries “institutional sales” stigma.

The ETF is the loophole. It wraps the “dirty” underlying asset in a “clean” securities structure (19b-4). Smart money is dumping the token to front-run the ETF, effectively swapping compliance risk for a 34bps management fee. Expect OI to remain dead until the ETF goes live.

David Pokima

David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable blockchain news.

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Bitcoin is the third most oversold ever, says one indicator, and violent upside could be nextThe Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads. Feb 5, 2026, 7:34 p.m.

Bitcoin tumbled to around $65,000 on Thursday amid a wave of liquidations driven by heavily bearish sentiment, but one technical indicator suggests the cryptocurrency could be set for not just a bounce, but a major move higher.

Bitcoin's daily Relative Strength Index (RSI), which is a popularly used momentum oscillator that assesses whether an asset is oversold or overbought, flashed 17.6 (on a scale of 0-100) on Thursday — heavily oversold conditions that were topped in the modern BTC era by the Covid crash in 2020, when it fell to 15.6, and the 2018 market bottom, when it dropped to 9.5.

STORY CONTINUES BELOW

On both of those previous occasions, bitcoin rewarded buyers with violent upside moves. In 2018, BTC more than quadrupled over the ensuing 8 months from $3,150 to $13,800. In 2020, bitcoin soared from $3,900 to a cycle high of $65,000 just more than one year later.

Thursday's market carnage liquidated more than $1.5 billion across crypto derivatives. While the temptation might be to sell when an asset is weak, astute traders will see the oversold territories as an opportunity — especially as liquidity between $70,000 and $80,000 has effectively been wiped out.

Sharps Technology announced a strategic collaboration with BitGo to institutionalize and scale the company’s Solana digital treasury. The firm, listed on Nasdaq under the ticker STSS, will centralize custody, staking, and liquidity execution for its SOL holdings through BitGo’s institutional infrastructure.

The company will use the qualified custody services of BitGo Bank & Trust, a federally chartered bank regulated by the OCC, to consolidate its digital assets. It will also integrate BitGo’s institutional validator services to stake more than 2 million SOL tokens held in the corporate treasury. The platform will additionally include OTC services for liquidity execution.

Sharps adopted a Solana-focused digital treasury strategy and funded its token accumulation through a private placement exceeding $400 million. The assets will be deployed across multiple validators within the ecosystem, including BitGo’s own validator, under a unified operational architecture.

The collaboration will establish a centralized operational foundation for the management of high-value digital assets. At the time of writing, Sharps shares were trading around $1.64 in Nasdaq premarket trading.

Source: https://www.globenewswire.com/news-release/2026/02/05/3232832/0/en/Sharps-Technology-and-BitGo-Announce-Collaboration-to-Advance-Solana-Treasury-Strategy.html

Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions

U.S. markets edged lower Thursday as a sharp selloff in cryptocurrencies spilled into software and commodity names, with Bitcoin sliding 9% to around $66,000—its lowest level since October 2024.

Summary

21-week EMA is weakening, signaling loss of bullish trend structure 200-week EMA is being tested, a critical long-term support level $60,000–$54,000 zone is key, with Fibonacci and daily support converging Crypto-exposed stocks led decliners, with Strategy, Mara Holdings, and CleanSpark each falling about 12%, while silver plunged 13% and gold slipped 2% in a broad risk-off move.

The Nasdaq 100 headed for a third straight day of losses as investors weighed sustained selling pressure in Bitcoin (BTC), which is testing key long-term technical support and raising concerns of a deeper correction toward the $60,000 level.

Bitcoin price action has entered a clearly corrective phase over the past several weeks, with bearish momentum intensifying across higher timeframes.

After failing to sustain upside continuation, BTC has rotated lower and is now testing a critical cluster of long-term technical support levels.

Most notably, price is approaching major weekly EMA support, placing the market at an important inflection point where the next directional move is likely to be determined.

While Bitcoin has historically responded strongly to this area, current market structure suggests that downside risk remains elevated.

If key moving average support fails on a closing basis, the probability of a capitulation-style move increases, potentially dragging price below the psychological $60,000 level.

Bitcoin price key technical points 21-week EMA is weakening, signaling loss of bullish trend support 200-week EMA is being tested, acting as a last major structural defense $60,000–$54,000 zone holds key confluence, including Fibonacci and daily support BTCUSDT (1W) Chart, Source: TradingView From a higher-timeframe perspective, Bitcoin’s structure has shifted decisively bearish. Consecutive lower highs and expanding downside candles reflect aggressive selling pressure, with buyers struggling to regain control.

The loss of the 21-week EMA has historically marked a transition from bullish continuation into deeper corrective phases, and current price behavior aligns with that pattern.

Bitcoin is now trading near the 200-week EMA, a level that has only been tested during periods of extreme market stress.

The last meaningful interaction with this EMA occurred around the $27,000 region, highlighting the importance of this support in the broader market cycle. A sustained loss of this level would signal that bearish momentum remains dominant and that the market is seeking lower value.

$60,000 Support Faces Increasing Pressure As price continues to weaken, the $60,000 level has emerged as a critical psychological and technical threshold.

A breakdown below this area would likely accelerate downside momentum, particularly if it coincides with confirmed EMA losses on the weekly timeframe.

Below $60,000, attention turns toward the $57,000 region, followed by a deeper confluence zone near $54,000. This area aligns with the 0.618 Fibonacci retracement of the broader move, as well as a key daily support region. Together, these levels form a high-probability downside target should current EMA support fail.

Aggressive bearish structure raises capitulation risk One of the most notable characteristics of the current market is the strength and persistence of bearish momentum.

Unlike shallow pullbacks seen during strong uptrends, this correction has unfolded with speed and conviction, suggesting forced selling rather than healthy consolidation.

Historically, aggressive bearish structures often resolve with capitulation once major support levels are lost.

In Bitcoin’s case, a weekly close below the 200-week EMA could trigger panic-driven selling, flushing remaining weak hands from the market. While such moves are typically violent, they also tend to precede meaningful local bottoms.

What to expect in the coming price action From a technical, price-action, and market-structure perspective, Bitcoin is at a pivotal moment. The current EMA support zone represents a critical line in the sand for bulls. Holding above this region could allow for stabilization and a corrective bounce, though any recovery would remain vulnerable unless key resistance levels are reclaimed.

Conversely, failure to hold weekly EMA support would significantly increase the probability of a capitulation move toward the $60,000–$54,000 region. Traders should closely monitor weekly closes and volume behavior for confirmation. Until bullish structure returns, downside risk remains elevated, and volatility is likely to persist.

Key NotesTether secured equity in Anchorage Digital Bank, America's first federally chartered crypto institution.The partnership enables compliant stablecoin operations within US regulatory frameworks under federal supervision.This strategic move contrasts with previous attempts to enter American markets without traditional banking partnerships. Tether Investments announced on February 05 that it invested $100 million in Anchorage Digital, backing the federally chartered bank that issues its USA₮ stablecoin for the American market.

This equity stake builds on an existing relationship between the companies as Tether pursues a significant foothold in the United States. Anchorage Digital Bank N.A., the country’s first federally chartered digital asset bank, issues USA₮, Tether’s domestically compliant stablecoin launched in January 2026.

“Tether exists to challenge the status quo and build global infrastructure for freedom,” said Paolo Ardoino, CEO of Tether, in their press release. “Our investment in Anchorage Digital reflects a shared belief in the importance of secure, transparent, and resilient financial systems. Anchorage Digital has set a strong benchmark for institutional digital asset infrastructure, and we are pleased to support its continued growth.”

Tether Announces $100 Million Strategic Equity Investment in Anchorage Digital

Read more:https://t.co/rp211Yr1Qz

— Tether (@tether) February 5, 2026

US and Tether to Have Closer Relations Anchorage is a banking company that has been working since 2020 to unite the worlds of crypto and traditional finance. In 2024, it received a BitLicense to operate in New York, further strengthening its credentials as a supervised institution. Worth mentioning, Tether’s flagship USDT token has faced compliance hurdles in the US in the past, making the Anchorage partnership critical for market access in the country.

The investment gives Tether more than an equity position. It connects the company to the federally chartered banking industry at a time when Washington is scrutinizing stablecoin issuers under the GENIUS Act. By working through Anchorage’s compliance and custody systems, Tether could operate in a supervised framework while supporting the platform behind USA₮.

The deal shows that breaking into the US stablecoin market requires partnering with chartered banks rather than bypassing traditional finance, as Tether tried in the past.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Tether (USDT) News, Cryptocurrency News, News

José Rafael Peña Gholam is a cryptocurrency journalist and editor with 9 years of experience in the industry. He wrote at top outlets like CriptoNoticias, BeInCrypto, and CoinDesk. Specializing in Bitcoin, blockchain, and Web3, he creates news, analysis, and educational content for global audiences in both Spanish and English.

José Rafael Peña Gholam on LinkedIn

Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price dropped below $69,000, the lowest since Nov. 6, 2024.

Analysts said that Bitcoin showed signs of “full capitulation” and a potential bottom forming, due to extreme market fear, panic selling by short-term holders and the relative strength index (RSI).

Key takeaways:

Short-term Bitcoin holders have sold nearly 60,000 BTC in 24 hours.

The Crypto Fear & Greed index shows “extreme fear,” signaling a potential bottom.

Bitcoin’s “most oversold” RSI points to seller exhaustion.

BTC/USD daily chart. Source: Cointelegraph/TradingViewShort-term holder capitulation deepensNearly 60,000 BTC, worth about $4.2 billion at current rates, held by short-term holders (STHs), or investors who have held the asset for less than 155 days, were moved to exchanges at a loss over the last 24 hours, according to data from CryptoQuant.

This was the largest exchange inflow year-to-date, which is contributing to selling pressure.

“The correction is so severe that no BTC in profit is being moved by LTHs,” CryptoQuant analyst Darkfost said in a post on X, adding:

“This is a full capitulation.” BTC short-term holder losses to exchanges in 24 Hours. Source: CryptoQuantWhen analyzing the volume of coins spent at a loss, Glassnode found that the 7-day SMA of realized losses has risen above $1.26 billion per day.

This reflects a “marked increase in fear,” Glassnode said, adding:

“Historically, spikes in realized losses often coincide with moments of acute seller exhaustion, where marginal sell pressure begins to fade.” Bitcoin: Unrealized loss. Source: GlassnodeBitcoin’s capitulation metric has also “printed its second-largest spike in two years,” occurrences that have previously coincided with accelerated de-risking and elevated volatility as market participants reset positioning,” Glassnode said.

Capitulation Metric & Current Price. Source: Glassnode“Extreme fear” could signal market bottomThe Crypto Fear & Greed Index, which measures overall crypto market sentiment, posted an “extreme fear” score of 12 on Thursday.

These levels were last seen on July 22, a few months before the BTC price bottomed at $15,500 and then embarked on a bull run.

Crypto fear and greed index. Source: Alternative.meData reveals that in all capitulation events where the index hit this extreme level, short-term weakness was common, but almost every event produced a rebound.

“We are at an ‘extreme fear’ level with a Crypto Fear and Greed Index of 11,” said analyst Davie Satoshi in an X post on Thursday, adding:

“History has shown this is the time to buy and accumulate more!”Crypto sentiment platform Santiment said in an X post on Thursday that the investor sentiment has “​​turned extremely bearish toward Bitcoin.”

“This remains a strong argument for a short-term relief rally as long as the small trader crowd continues to show disbelief toward cryptocurrency as a whole.” Bitcoin: Positive/negative sentiment ratio. Source: SantimentBitcoin “most oversold” RSI signals seller exhaustionCoinGlass‘ heatmap shows that BTC’s RSI is displaying oversold conditions on five out of six time frames.

Bitcoin’s RSI is now at 18 on the 12-hour chart, 20 on the daily chart and 23 on the four-hour chart. Other intervals also display oversold or near-oversold RSI values, such as 30 and 31 on the weekly and hourly time frames, respectively. 

Crypto market RSI heatmap. Source: CoinglassIn fact, data from TradingView shows that the weekly RSI is at 29 on Thursday, the “most oversold” since the 2022 bear market, according to analysts. 

“Bitcoin is now the MOST oversold since the FTX crash,” CryptoXLARGE said in an X post on Wednesday, adding that it reflects panic selling among investors.

“Historically, this is where fear peaks and opportunity begins,” the analyst added. Source: X/CryptoXLARGEBitcoin’s RSI is at the same oversold levels last seen around $16K in 2022, which marked the “last major capitulation,” phase, said analyst HodlFM in a recent post on X, adding:

“Not a timing signal by itself, but historically, this is where risk/reward favors the buyers.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Journalist

Posted: February 5, 2026

Bearish sentiment around Binance Coin [BNB] is growing as the asset has broken below a key support level. Traders are increasingly betting on short‑leveraged positions, while overall market sentiment has turned more negative.

This shift has not only weakened BNB’s outlook but also raised the risk of further declines in the days ahead.

At press time, BNB had dropped 10% in the past 24 hours, trading at $697. Notably, trading volume surged 40% to $3.75 billion, signaling a sharp rise in market participation that has caught the attention of crypto enthusiasts.

This massive rise in volume alongside the sharp price decline suggests that both traders and investors are actively engaging with the current trend.

As the price continued to fall, a well-followed crypto expert shared a post on X, making a bold prediction. In the post, the expert noted,

“The chart looks weak, and if it loses $650, it is likely to revisit the $400 support level.”

BNB price action and key levels Looking at the weekly chart, the BNB has lost control of a strong key support formed by an ascending trendline it had been holding since November 2023.

However, the price is currently hovering near the horizontal support level of $685, and a sustained decline in BNB is raising questions about when this downside momentum will end.

Source: TradingView

Based on the current price action, if BNB’s downside momentum continues and the price closes a daily or weekly candle below the $675 level, it could see a sharp drop of another 10%, potentially reaching the $610 level in the coming days.

However, a reversal may only be possible if BNB sustains above the $675 level.

At the time of writing, the asset was trading below the 200-day Exponential Moving Average (EMA) on the daily chart, suggesting that BNB’s broader trend is bearish.

Meanwhile, the Average Directional Index (ADX), an indicator that measures trend strength, has reached 32.90, above the key threshold of 25, indicating a strong directional trend.

Investors and traders turn bearish  Investors and long‑term holders often take advantage of price dips to accumulate heavily.

 In this case, however, the top 100 wallet addresses have kept their holdings unchanged, indicating they are avoiding new purchases for now, according to on‑chain analytics platform Nansen.

Source: Nansen

However, intraday traders are strongly following the current trend, according to the derivatives analytics platform CoinGlass. At press time, data revealed that traders were over-leveraged at $683.2 on the downside and $728 on the upside.

At these levels, they have built $4.93 million worth of long-leveraged positions and $21.21 million worth of short-leveraged positions. These bets by intraday traders point to a strong bearish conviction among market participants.

Source: CoinGlass

Final Thought Following a 10% drop, BNB has lost the key support of its ascending trendline. Derivatives data reveal that intraday traders were heavily betting on short-leveraged positions, indicating they believe BNB is unlikely to move above the $728 level.

Vivaan Acharya is a Crypto-Economist and Journalist at AMBCrypto who brings a rare depth of financial and economic expertise to the world of digital assets. He holds a Master’s in Economics from the prestigious University of Delhi and has over five years of experience analyzing technology and financial markets. His foray into the blockchain space began in 2018, marked by his prescient Master's thesis, "Payments and Stablecoin Integration in Banking," which showcased his early understanding of crypto's potential to disrupt traditional finance. Before specializing in crypto, Vivaan honed his skills in rigorous data and technical chart analysis at a major national financial daily, where he covered corporate earnings and market trends. At AMBCrypto, Vivaan applies this powerful blend of classical economic training and seasoned financial journalism to his work. He is an expert in: 1. Bitcoin and Altcoin Market Analysis 2. Stablecoin Ecosystem Development, and 3 Emerging Crypto Regulations. Known for his clear, no-nonsense approach, Vivaan translates robust research into straightforward, actionable insights. He is dedicated to demystifying the complexities of blockchain finance, empowering readers to confidently navigate the rapidly evolving digital economy.

Bitmine is facing criticism online over large unrealized losses tied to its Ethereum holdings, but Chairman Tom Lee says the claims misunderstand how an ETH-focused treasury strategy works. Bitmine Pushes Back on Claims of Massive Ethereum Losses A public debate has emerged around Bitmine Immersion Technologies' ethereum holdings.

Bitcoin’s recent sell-off has pushed its price below $70k, putting intense pressure on miners. The crypto asset is trading at $69,280, while miners’ production costs are $87k. 

Bitcoin fell below $70k on Thursday, prompting miners to capitulate. The sharp decline has forced many miners into unprofitability. At $70k, Bitcoin is trading about 20% below its estimated production cost, putting intense pressure on mining operations. According to data from Checkonchain, the average cost to produce one bitcoin is around $87,000.

Bitcoin prices fall below production costs, signalling a bear market Data from previous market cycles show that when Bitcoin prices fall below production costs, it typically signals an ongoing bear market. In 2019 and 2022, BTC fell below production costs but later recovered. Data from Hashrate Index shows that Bitcoin hashrate, which is a measure of the total computational power needed to secure the Bitcoin network, currently sits at 915.85 EH/s. 

The hashrate peaked in October at 1.1 ZH/s, but later dropped by double digits as miners shut down less efficient mining equipment. BTC hash price, the value of 1 TH/s of hashing power per day, has declined to $31.56 from a high of $42.11 recorded in mid-January.

The recent BTC price decline has pushed miners into uncharted territory, as they struggle to remain afloat amid unprofitability at current BTC prices. Most Antminer S21-series machines, which represent a large portion of modern global hashrate, have shut down, and the miners are now forced to sell their BTC holdings to meet their day-to-day expenses and cover energy costs while servicing existing debt.

BTC’s decline has also caused a ripple effect on the rest of the crypto market. Digital assets such as Ethereum have also sunk along with it, affecting crypto corporations and individual investors. Ethereum is trading at $2,052, down from $4,742 recorded in October. BitMine Immersion Technologies is currently sitting at nearly $7 billion in unrealized losses on its ETH holdings, accumulated since it turned away from Bitcoin mining in mid-2025.

Bitcoin’s price decline coincides with ETF outflows registered this week. As of February 4, spot U.S. BTC ETFs logged $544.94 million in outflows according to data from ETF tracking website SosoValue. BlackRock’s iBIT led the funds with negative flows worth $373.44 million, while Fidelity’s FBTC followed with outflows worth $86.44 million. The outflows on Wednesday continued from Tuesday’s $272.02 million outflows. On Monday, the funds recorded inflows of $561.89 million, ending a five-day streak of negative flows that began on January 27.

BTC capitulation is back, onchain data shows A previous Cryptopolitan report noted that BTC capitulation is back. The report cited Glassnode data showing the Bitcoin capitulation metric spiked again, returning to levels not seen since the October 10 deleveraging. The report noted that the recent crypto market sell-off is the second-largest meltdown in the last two years. The report also revealed that Bitcoin has never returned to the previous levels of open interest, as concerns of liquidations among derivative traders rose. 

The publication noted that all wallet cohorts have sold BTC in the last month, with Shark wallets holding 100-1,000 BTC selling 83,771 BTC in January and 19,194 BTC in the past week alone. 30,000 retail wallets holding less than a full Bitcoin sold all their holdings in the past day, despite having bought the crypto asset in the last month. 

At the time of this publication, Bitcoin is trading at $69,280, the lowest price since November 3, 2024, according to data from CoinMarketCap. The digital asset is down 7.5% over the last 24 hours, bringing its 7-day loss to 20.94%. Bitcoin is down 44% from its all-time high of $126,198, recorded about 4 months ago on October 06, 2025.

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) are reeling from double-digit percentage crashes, with crypto sentiment deep in extreme fear. Short-Term Relief Rally On The Table?

Cardano rolls out an enhanced real-time knowledge hub in a push for relevance in the changing financial landscape.

Market Sentiment:

Bullish Bearish Neutral

Published: February 5, 2026 │ 6:18 PM GMT

Created by Kornelija Poderskytė from DailyCoin

Cardano’s (ADA) Layer-1 blockchain founder Charles Hoskinson just revealed a big update for the entire ecosystem, introducing an all-in-one knowledge hub. Logan, dubbed as the ‘exit liquidity lobster’, is the mascot Charles Hoskinson is using to break the positive update.

Cardano’s New Data Hub Comes With 32 PerksThis comes along with the introduction of 32 new decentralized finance (DeFi) tools. Logan, the Cardano-powered artificial intelligence (AI) bot, the highlights of these upgrades promise real-time blockchain analytics, readable & memorable user names & fair DeFi exchange pricing.

Sponsored

Baskets containing Cardano (ADA) assets are now easily trackable on Metera, while governance cirlces & new proposals are available on GovCircle. Moreover, Cardano’s Charles Hoskinson is now inviting independent developers to test out their skills on Logan’s next phase.

They can submit documentation & integrations to get added to Logan’s new all-in-one database. The code for this project is now live on GitHub, confirming 127 successfully-completed tests so far. Other key products respond to the rising demand of index tokens, easy minting, as well as a dedicated DeFi virtual private network (VPN).

ADA Price Slides Further, Key Range Still HoldsFollowing the bullish Cardano news, the native token ADA pulled back another 7.5%, following the price action of Bitcoin (BTC). Besides, Cardano (ADA) removed itself from the TOP 10 by global market capitalization, falling below $10 billion as Bitcoin Cash (BCH) takes the 10th spot.

Trading at just above $0.26, the OG altcoin is soaking up the damage done by the bears along with other major-caps as the total crypto market capitalization plunges below $2.4 trillion for the first time in years. For Cardano, the $0.26 range falls in line with the last demand territory.

The Bollinger Bands (BOLL) point to $0.29 & $0.31 as next key levels Cardano holders should monitor. However, if the current $0.26 area doesn’t hold, a freefall towards $0.20 comes into play. On speculative markets, Cardano’s bulls got completely washed out – $5.31 million out of $5.71 million in liquidations were excessively-leveraged long plays.

Stay in the loop with DailyCoin’s top crypto scoops:
Solana’s Dire Warning: H&S Pattern Drives Sub-$100 Dump
Shiba Inu Hits Rock Bottom: Price Reversal Or Capitulation?

People Also Ask:What is Cardano’s new real-time Knowledge Hub?

It’s a centralized, community-driven platform aggregating live blockchain data (transactions, stake pools, metrics) with educational tools and real-time monitoring.

How does the hub improve Cardano?

It enhances accessibility with real-time stats (e.g., stake balances, epoch tracking), reducing reliance on scattered explorers.

Is ADA still in the top 10 right now?

As of early February 2026, ADA hovers around 10th–11th spot (~$9.8–$10.5B cap), occasionally reclaiming 10th amid volatility.

Is this bullish for ADA price long-term?

Encouraging—real-time tools boost developer/user adoption, while top 10 status attracts visibility/liquidity.

DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?

Market Sentiment

100% Bullish

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

In brief Bitcoin could fall as low as $38,000, according to Stifel analysts. The digital asset didn’t benefit from the dollar’s decline last year. They also said Bitcoin’s dip is “ominous” for tech stocks. Bitcoin has already tumbled far from its all-time high of $126,000 in October, but history suggests the rout could deepen before momentum shifts, according to analysts at Stifel.

In a note, analysts at the 136-year-old financial services firm predicted that Bitcoin could fall as low as $38,000 in the coming months. With Bitcoin recently changing hands at $65,433, per CoinGecko, that would represent a 42% decrease from Thursday’s prices.

The analysts cited the extent to which Bitcoin has fallen from its all-time highs amid previous “super-bears” in 2011 (93%), 2014 (84%), 2018 (83%), and 2022 (76%). Based on the ascending nature of those lows, the analysts penciled in a 70% drawdown this time around, while acknowledging that this represents their potential worst-case scenario.

Stifel underscored the importance of the Federal Reserve’s stance on monetary policy, suggesting that Bitcoin’s latest downturn was spurred on by the hawkish nature of December’s cut. At the time, the central bank signaled a more data-dependent approach to borrowing costs, a sentiment reflected in its decision to hold interest rates steady earlier this month.

If voting members of the Federal Open Markets Committee signal that they have no interest in enabling an “inflationary boom” amid an economic outlook clouded by tariffs—regardless of the central bank’s chair—then that could mark the bottom for Bitcoin, the analysts posited. 

It would be reminiscent of Fed Chair Powell’s 2022 warning in Jackson Hole that “there will be pain” as policymakers attempt to reign in a pandemic-induced inflationary spiral, they added. Bitcoin’s sell-off accelerated on Friday after Trump nominated Kevin Warsh, who has historically been viewed as an inflation hawk, to serve as Powell’s successor.

The analysts observed a structural shift in Bitcoin’s performance, noting that it hasn’t benefited from a weaker dollar over the past year. They attributed that development to President Donald Trump’s trade war and the impact of economic growth on inflation expectations.

Bitcoin, meanwhile, hasn’t ticked up alongside an increase in global dollar-denominated liquidity, despite rallying when that was the case in previous years. When combined, that creates the perception that Bitcoin is no longer a hedge against fiat money, the analysts assessed.

The prospect of higher inflation has also weighed on tech stocks, along with signs of credit stress stemming from massive investments in artificial intelligence, the analysts wrote. That has dragged down Bitcoin, which tends to be correlated to tech stocks, they added.

With Bitcoin falling as tech stocks waver close to all-time highs, Stifel suggested that the outlook could also be foreboding for tech equities. They described a gap between Bitcoin and the Nasdaq 100 Index that’s been widening since October as “ominous.”

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Galaxy Digital founder and CEO Mike Novogratz said in an interview with Bloomberg that Bitcoin may be close to bottoming out soon. This news comes as cryptocurrency markets continue to crash this week, and many investors and analysts fear we are headed into a bear market.

Mike Novogratz said in an interview with Bloomberg this week that there is a likelihood that Bitcoin is getting close to the bottom of this recent crash, although he cannot say for certain.

The Galaxy Digital founder and CEO addressed that a lot of leverage has been taken out of the system, and pessimism is high amongst crypto investors. When discussing how gold and NASDAQ prices continue to climb higher, rates going lower, and the Trump Administration being very pro-crypto, he added that “Bitcoin was not supposed to act like this,” and that “something went wrong.” After being asked by the interviewer about how much pain Novogratz thinks is ahead for crypto markets, he stated that he believes $70,000-$100,000 is the new price range for Bitcoin.

However, Bitcoin broke below $70,000 today and has fallen nearly 8% in the last 24 hours, to a low of roughly $66,700 this morning. Other major cryptocurrencies like Ethereum have hit new lows as well, with ETH breaking below $2,000 today for the first time since March of last year, and Solana hitting a low of $83 for the first time since late 2023. The Fear & Greed Index is currently sitting at 11 out of 100, indicating a sentiment of extreme fear among investors.

John Deaton accuses the banking system of suppressing BTC price A pro-crypto United States Senate candidate, John Deaton, addressed Mike Novogratz’s comments about the current state of cryptocurrency markets in a post on X yesterday. Deaton stated that Novogratz is right about his claims, writing that “the math isn’t mathing” regarding Bitcoin’s current price. He went on to state that when gold is hitting all-time highs, and Bitcoin is crashing to new lows, despite the same macro tailwinds and a pro-crypto administration in office, it’s important to turn your eyes to the paper markets. He believes that the same bank playbook is being run on BTC that was used to suppress silver prices in the past. This was done through heavy shorting via futures that suppressed price action despite high physical demand for silver at the time.

Deaton accused the traditional finance players, like the banking system, or what he calls “the old guard,” of using paper contracts to suppress the price of Bitcoin and other cryptocurrencies to shut down the Digital Gold narrative. He finished his recent X post by writing that “the banks are following their political playbook in Washington to slow down or kill crypto legislation while at the same time following their manipulation playbook on the asset itself.” This dynamic is framed by Deaton as a clash between the old guard and what he calls “the new guard,” consisting of crypto players like Coinbase and it’s CEO Brian Armstrong.

Michael Burry’s comments on BTC crash Legendary investor Michael Burry warned that Bitcoin is in a “death spiral” and that crypto markets will only continue to worsen as various events trigger further collapse.  For starters, the current crash could lead to a catastrophic sell-off in gold and silver as companies holding BTC try to compensate for losses. This will also push certain BTC miners towards bankruptcy, in his opinion, leading to a further loss in value for the asset.

Unlike Novogratz, Burry does not believe there is a bottom for Bitcoin, as there is no organic use case reason that will be able to slow or stop the death spiral it is currently in. He believes the narrative of Bitcoin as digital gold has collapsed, proving that its price action is based on pure speculation, which leaves it incredibly vulnerable to negative market sentiment.

Bitcoin (BTC) has slumped below the psychologically important $70,000 threshold, wiping out gains since its $69K record high registered in late 2021.

Market analysts see scope for further downside, with some ominously pointing to a potential test of sub-$60,000 levels if the corrective phase continues.

BTC Drops Toward $69K As Crypto Sell Off Worsens Bitcoin has been whipsawing sharply this week, falling below $71,000 before rebounding and then crashing again as global risk appetite deteriorated.

The world’s largest and oldest cryptocurrency dropped to as low as $66,835, according to CoinGecko data, with sentiment plunging deeper into the “extreme fear” category. The Crypto Fear and Greed Index hovers at 11— a level reached only a few times in the past. The latest crash marks Bitcoin’s first trip to the $60,000 range since October 2024.

Total crypto liquidations over the last 24-hours have jumped to above $1.05 billion, with Bitcoin accounting for the lion’s share of that figure at $522 million, CoinGlass data shows.

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The global crypto market cap has now dropped 6.3% on the day to $2.38 trillion after having peaked above $4.2 trillion last September.

Wading Institutional Support Institutional appetite has also waned. Net inflows across spot Bitcoin exchange-traded funds (ETFs) and sovereign holdings have turned negative, eliminating a significant catalyst that previously buoyed an upward trend.

According to data from SoSoValue, investors yanked $545 million from BTC funds on Wednesday, pushing weekly flows into the red with $255 million in net withdrawals.

The downturn has left many high-profile Bitcoin treasury strategies under bearish pressure. Strategy, the world’s largest publicly traded corporate holder of Bitcoin, currently owns 713,502 BTC at an average purchase price of $76,052. With the BTC price hovering around $67,800, this represents an unrealized loss of a staggering $6.5 billion.

Notably, industry veterans remain unfazed by the dramatic Bitcoin correction. 

“This drawdown feels horrible not because of the magnitude, but because it’s unfair. Everything goes up, but we’re sideways. AI bubble fears? We go down. Metals crash? We go down too,” long-time Bitcoin maxi Samson Mow said on X.

“However, absolute scarcity is real and it will hit a limit. We can’t be pushed down forever.”