Market Signal Briefing

Geopolitical risks, fears of a U.S. government shutdown, and slow-moving crypto regulations are weighing on market sentiment, keeping speculative bets muted.

Despite a brief lift, the path ahead for Bitcoin (BTC) remains volatile, with key technical levels likely to dictate its next move in early February 2026.

In this Bitcoin price prediction, we look at where the market stands right now, the main downside levels to watch, and where BTC could go next if buyers step in.

Summary

Bitcoin experienced volatility in early February 2026, briefly dropping to $74,500 and currently trading around $78,300. Macro risks such as geopolitical tensions, high interest rates, and slow U.S. crypto regulations are causing cautious sentiment, with technical weakness suggesting potential downside to $74,000–$68,000, or deeper drops to $58,000–$62,000. On the upside, reclaiming $82,000–$85,000 could trigger a rally towards $89,000–$90,000, depending on improvements in macro conditions. Current market scenario At the time of writing, Bitcoin trades near $78,300 after a modest 0.7% gain. While the move offers a brief lift, the BTC outlook is still guarded.

BTC 1-day chart, February 2026 | Source: crypto.news Market sentiment has turned cautious, driven by geopolitical risks and fears of a U.S. government shutdown, with high rates keeping speculative bets muted. Slow-moving crypto regulations, such as the Clarity Act, are another hurdle bulls must overcome.

Why is Bitcoin falling? The recent dip in Bitcoin caught a few by surprise. Towards the end of January, BTC struggled to hold above $82,000–$85,000, indicating that the bulls were losing steam as macroeconomic conditions deteriorated.

After losing key support levels, selling pressure quickly picked up, pushing prices down into the mid-$70,000 range. This move matched earlier technical forecasts that flagged $74,000 as an important downside target if BTC failed to reclaim higher levels.

Further downside risks From a technical standpoint, Bitcoin remains vulnerable. If market conditions worsen, BTC could revisit $74,000 and possibly drop toward $68,000.

Adding to the cautious outlook, veteran trader Peter Brandt has suggested a potential decline into the $58,000–$62,000 range. His view is based on a rising wedge pattern that has been forming for months — a well-known bearish setup often preceding deeper corrections. While not certain, it underscores the fragility of the current market.

Potential recovery scenario Bitcoin still has upside potential despite the selling pressure. Getting back above $82,000–$85,000 and holding could trigger a rally to $89,000–$90,000. Beyond that, a move to $93,000 or more would probably require better macro conditions, lower interest rates, or supportive regulatory signals.

Bitcoin price prediction based on current levels Bitcoin’s next move is still uncertain. As long as BTC trades below $82,000, downside toward $74,000 or even $68,000 can’t be ruled out. Reclaiming that resistance zone, however, would significantly improve the Bitcoin forecast.

This Bitcoin price prediction for early February points to continued market swings, driven mostly by macro factors. Watching important technical levels and overall market trends will be key, since Bitcoin’s next move could set the tone for the weeks ahead.

TLDR Table of Contents

TLDRSports Betting Takes a HitAnalysts See Buying OpportunityGet 3 Free Stock Ebooks Robinhood (HOOD) plummeted 9.7% to $89.85 on Monday, marking the S&P 500’s worst performance as Bitcoin crashed to $74,553 Football season’s conclusion threatens prediction market revenue, which accounted for nearly half of Kalshi’s trading volume since August The stock’s 14-day RSI of 23 indicates oversold conditions after a 21% decline year-to-date Piper Sandler keeps its $155 price target, expecting the CLARITY Act and upcoming sports events to drive recovery Wall Street maintains a Moderate Buy rating with analysts viewing the selloff as overdone Robinhood shares crashed on Monday. The stock fell 9.7% to $89.85, earning the dubious distinction of being the S&P 500’s worst performer.

Robinhood Markets, Inc., HOOD

The brokerage has stumbled badly in 2026. Shares are down 21% year-to-date, a stark contrast to last year’s 200% surge.

Bitcoin’s collapse weighed heavily on the stock. The cryptocurrency plunged to $74,553, its lowest level in 10 months, before bouncing back to $78,500.

Kevin Warsh’s nomination as the next Federal Reserve chair triggered the crypto selloff. Digital-asset traders didn’t like what they heard.

Robinhood’s business is deeply tied to crypto performance. The platform offers trading in more than 50 crypto tokens, making it vulnerable to price swings and volume declines.

The stock’s correlation with Bitcoin is well-documented. When crypto drops, Robinhood typically follows suit.

Sports Betting Takes a Hit The football season finale is adding pressure to the stock. Piper Sandler analysts point to this as a key concern for investors.

Prediction markets have become Robinhood’s fastest-growing revenue stream. Football drove roughly half of all volume on Kalshi, the company’s primary prediction markets partner, since August.

Sunday marks the end of football season. That leaves a potential hole in revenue that has investors nervous.

Patrick Moley from Piper Sandler sees opportunities ahead. The winter Olympics begin this month, and NCAA basketball tournament tips off in March.

Analysts See Buying Opportunity Piper Sandler isn’t backing down from its bullish stance. The firm maintains an Overweight rating with a $155 price target, suggesting 70% upside from current levels.

The CLARITY Act could provide a boost. The Senate Agriculture Committee advanced this crypto market structure bill last week, despite Coinbase initially pulling support in January.

The legislation may accelerate blockchain adoption. This could help Robinhood expand its token offerings in coming months.

Future events look promising for prediction markets. The 2026 FIFA World Cup and midterm elections should generate strong trading volume later this year.

Regulatory clarity from new CFTC Chairman Michael Selig could also help. Clear rules make it easier for companies to operate and grow.

Technical indicators suggest the stock is oversold. With a 14-day RSI around 23, a near-term bounce could be in the cards.

Wall Street consensus remains Moderate Buy. The mean price target sits at approximately $151, indicating analysts believe the selloff went too far.

Robinhood launched a UK stocks and shares ISA on Monday. This expansion could add to the revenue mix throughout 2026.

Piper Sandler calls Robinhood the best play on retail trading growth. The firm believes it’s the closest fintech platform to becoming a true super app.

ARK Invest bought $72M in crypto stocks during Bitcoin’s price drop. The firm is betting on a long-term crypto recovery despite market weakness. ARK Investment, an investment firm led by the investor Cathie Wood, had purchased more than $70 million worth of crypto-related stocks as the bitcoin price fell briefly below $75,000. They used the market weakness to increase the exposure to companies tied to crypto trading and stablecoins. 

How ARK spent $72 million  The investment was spread across three ARK ETFs, such as ARKF, ARKK, and ARKW. They spent $72 million buying shares of companies like Rodinhood ($32.7 million), CoreWeave ($14.6 million), Circle Internet ($9.4 million), Bitmine Immersion Technologies ($6.3 million), Bullish ($6 million), Block ($1.9 million), and Coinbase ($1.3 million). The largest purchase was Robinhood, which shows interest in trading platforms and crypto-related infrastructure.

ARK’s long-term strategy belief These purchases from ARK show his long-term strategy of buying during the market downturns. The firm believes that Crypto downturns are temporary and the market drops create buying opportunities. They strongly believe that long-term crypto adoption will lead to higher trading activity and revenue for the exchanges. The ARK has already done this by purchasing around $21.5 million worth of crypto stocks in late January when Bitcoin fell below $90K.

Cathie Wood consistently said that Bitcoin can be a good diversification asset for investors. According to ARK’s research, Bitcoin does not move in sync with stocks and other traditional assets, which makes it useful for spreading risk in investment portfolios. This belief shows that ARK is investing in crypto companies continuously, even during market weakness. 

Highlighted Crypto News:

‌Sei (SEI) Price Prediction 2026, 2027-2030

Tue, 3/02/2026 - 14:18

Dogecoin is trading near $0.107 as a rare double death cross looms on the weekly chart, with $0.153 acting as the final resistance before the DOGE price collapses.

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Dogecoin's slow decline might be heading into technical trouble. As of this week, DOGE is trading at just over $0.107 - barely holding above the Oct. 10 dump level of $0.0995, when $40 billion at least were liquidated in margin positions across the crypto market. 

What's more concerning is what's developing above: a double death cross configuration between the 23-week and 50-week simple moving averages (SMA), both on track to cross below the long-term 200-week exponential moving average (EMA). This kind of double punch on the TradingView chart is usually not ignored by market technicians, especially when it looks this clean on a weekly chart.

Source: TradingViewThe red EMA200 line is currently at $0.15322 per DOGE, and the 23-SMA and 50-SMA are trending down at $0.17215 and $0.18505, respectively. These levels are all coming together in an area that a lot of crypto traders are watching closely. 

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The rescue plan for DOGEIf Dogecoin does not break decisively higher, it might enter a period of chaotic volatility. The orange circle on the chart shows this danger zone, which is expected to be triggered within the next few candles - possibly as soon as late February.

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In the past, when a single death cross happened, it usually led to a 15-30% drop in meme coin cycles. A double cross this close to multimonth lows makes that threat much worse. Some are saying that the $0.09-$0.11 support band might not hold if the bulls do not get back at least $0.153 in the next few weeks.

Unless there is a big jump in volume or a big whale steps in to change things, the double death cross might be DOGE's toughest rival this year.

Related articles

Ripple’s e‑money license in Luxembourg is bolstering its institutional bid while new, politically-charged E-files stir fresh controversy.

Market Sentiment:

Bullish Bearish Neutral

Published: February 3, 2026 │ 2:20 PM GMT

Created by Kornelija Poderskytė from DailyCoin

The host of a recent crypto analysis video argues that Ripple’s newest regulatory win in Europe is being drowned out by a wave of politically charged Epstein files — documents that, according to the commentator, run 3.5 million pages and name Ripple, XRP, Stellar, and XLM among projects a major political figure “did not want to fund.”

Crypto Wendy frames this clash between regulatory power, banking interests, and crypto-native firms as a key moment for the industry’s structure.

Ripple’s Brand-New Luxembourg License & The Shadow Of Past LitigationAnalyst Wendy O highlights that Ripple has secured a full e‑money license in Luxembourg, calling it “absolutely amazing” because it strengthens the company’s institutional business footprint in Europe.

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They directly link Ripple’s ability to expand to the end of what they describe as an “unjust” U.S. lawsuit brought by SEC Chair Gary Gensler, arguing that the absence of ongoing litigation has removed a major obstacle to global growth.

At the same time, the video claims that newly surfaced “e‑files” show Ripple, XRP, Stellar, and XLM being sidelined as potential competitors by Epstein, the highly-powerful & controversial figure.

According to Wendy O, these documents suggest “Epstein did not want to fund them” instead viewing them as rival infrastructure to more bank-aligned options. The host stops short of alleging direct legal coordination but leans into the perception within the XRP community that Ripple was targeted by regulators.

E‑Files & Bank Lobbying Don’t Help The Ultra-Fragile Market StructureThe commentator says the e‑files were released on a Friday evening, “interesting timing” given that U.S. crypto market structure legislation is pending and, in their view, being actively resisted by banks because it “impacts their bottom line.”

She notes that the release coincided with the first U.S. bank failure of 2026, using it to underscore tensions between traditional finance and emerging crypto rails.

Beyond Ripple, the host points to email references to Gary Gensler and Senator Elizabeth Warren. They say Gensler appears in the documents on May 6, 2018, aligned with a “bank‑friendly, crypto skeptic wing,” shortly before William Hinman’s 2018 Ethereum speech and around the start of the XRP investigation.

Crypto Wendy stresses that there is “no direct claim or coordination,” but encourages viewers to pay close attention to the timeline.

On market structure, the analyst argues that yield on stablecoins is “holding up” the current crypto system and that this is “bad for retail” because the emerging framework skews toward institutions.

Ripple, she emphasizes, is institution-focused, while platforms like Coinbase aim to disrupt banks on the retail side — a point made more pointed by the claim that Mr. Epstein was an early Coinbase investor in 2013, described as “allegedly.”

Prices Slide in a Small but Systemically Entangled MarketThe video places all of this in a bearish backdrop. The host notes that a previously discussed $1.60 target for a bearish XRP move has been hit, while Bitcoin has broken below $75,000 and Ethereum below $2,500.

With total crypto market cap around $2.5 trillion versus roughly $41 trillion for gold and silver combined, the analyst frames the sector as still small but increasingly entangled with banking and political interests.

For investors, the takeaway is that regulatory narratives — from Ripple’s Luxembourg license to the contested e‑files — are moving prices alongside macro stress and a U.S. recessionary backdrop.

The host’s core message is less about short‑term trades and more about tracking how institutional licensing, bank lobbying, and stablecoin yields are quietly defining who benefits from the next phase of crypto infrastructure.

Dig into DailyCoin’s popular crypto news today:
XRP’s Price Gears Up For a Double-Digit Move: Which Way?
Bitcoin Near $79K as ETF Inflows Return, Risks Remain

People Also Ask:What is the significance of Ripple’s Luxembourg e‑money license?

It gives Ripple a regulated foothold to offer e‑money services to institutions in the EU, reinforcing its cross‑border payments business without the overhang of active U.S. litigation.

What are the “e‑files” mentioned in the video?

The host describes them as about 3.5 million pages of documents in which Ripple, XRP, Stellar, and XLM appear, allegedly showing they were viewed as competitors and not to be funded by a figure referred to as “e.”

How are banks involved in the current crypto debate?

According to the analyst, banks are lobbying against U.S. crypto market structure legislation because it could erode their revenue, especially in payments and deposits.

Why does stablecoin yield matter so much?

The video argues that yield on stablecoins underpins much of today’s crypto market structure, and that how regulators treat this yield will help determine whether institutions or retail users capture most of the benefits.

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

Market Sentiment

100% Neutral

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.

Hedera (HBAR) declined 2% and Stellar (XLM) dropped 1.6%, leading the index lower from Monday.

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Despite the recent bounce, Bitcoin (BTC) price action continues to show clear signs of pressure as the correction stretches into its fifth straight month. Every recovery attempt has faced strong supply, with rallies repeatedly stalling below key resistance zones. This behavior points to ongoing distribution rather than a healthy consolidation phase. While buyers are stepping in near the lows, their lack of follow-through has allowed sellers to retain control of the broader trend.

As a result, BTC remains stuck in a corrective structure unless it can reclaim the critical $80,000 resistance with conviction. Until then, the market faces a near-term turning point. Traders are now watching closely to see whether Bitcoin can push above $80,000 this week—or if failure to do so leads to a breakdown below the $77,500 support zone.

Bitcoin Spot Trading Volume Dries UpBitcoin’s spot demand drying up is a subtle but meaningful signal—and CryptoQuant’s exchange data makes this clear. When spot volumes fall, it means real buyers are stepping back even if the price hasn’t yet cracked key levels. Historically, strong rallies in BTC have been backed by expanding spot demand on exchanges; without it, upside attempts tend to lack follow-through, and the price becomes more sensitive to headline moves or liquidations.

The CryptoQuant data shows key cycle moments: after the 2019 peak near $14K, spot demand faded, and price entered a prolonged consolidation and pullback; in late 2021, spot volumes dropped sharply after the all-time high, signaling distribution before the broader downtrend; and again in mid-2023, muted spot activity coincided with choppy range-bound price action before volatility picked back up. 

As seen in these historical snapshots, drying spot demand on CryptoQuant typically aligns with consolidation, shaky breakouts, or increased volatility rather than sustained trend extensions.

Bitcoin (BTC) Price Sits on the EdgeThe BTC price has been largely volatile since the last few days of January, which appears to have restricted the rally below the key resistance zone. The buyers and sellers are actively contributing, and as a result, volume remains elevated with no major impact on the price. The strength of the rally has been decaying since the start of the month, keeping the rally capped below an important resistance zone between $78,900 and $79,235. 

As reflected on the chart, there has been a clear lack of aggressive buying interest from market participants. Since facing rejection near the $126,219 highs, price action has consistently printed lower highs and lower lows, reinforcing the ongoing bearish structure. This sustained absence of demand supports the view that spot buying interest has largely dried up over the past five months. Meanwhile, the RSI has slipped into oversold territory and is attempting a rebound, hinting at short-term relief potential rather than a confirmed trend reversal.

As a result, the Bitcoin (BTC) price is likely to remain range-bound below the $80,000 mark unless a clear surge in buying pressure pushes the price back above this bearish zone. Until then, any upside moves are expected to face strong selling pressure, keeping the broader corrective phase intact.

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Fireblocks to Integrate Canton Network, Bringing Privacy-Focused Tokenization to Clients

Tanzeel Akhtar

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Tanzeel Akhtar

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Feb 2018

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Tanzeel Akhtar has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal, Bloomberg, CoinDesk, Bitcoin...

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3 minutes ago

Digital asset infrastructure firm Fireblocks has announced a new integration with the Canton Network, expanding its regulated infrastructure offerings for tokenization, settlement and institutional digital asset flows.

The integration brings custody and operational support for Canton Coin (CC) to Fireblocks’ platform, giving financial institutions a governed and privacy-enabled environment to begin settling assets on Canton using Fireblocks’ enterprise-grade policy controls and workflow automation.

Fireblocks which secures more than $5 trillion in digital asset transfers annually said the move strengthens its position as a foundational infrastructure layer for regulated digital finance.

Privacy-Enabled Settlement Built for Institutional MarketsCanton is an open blockchain network purpose-built for institutional finance, designed to combine privacy, interoperability, and scalability while enabling real-time synchronization across regulated markets.

“Canton was designed to meet the privacy, compliance, and scalability requirements of institutional finance,” said Melvis Langyintuo, Executive Director of the Canton Foundation. “Fireblocks’ integration strengthens that vision by giving institutions a trusted, production-ready environment to begin engaging with Canton Coin.”

Interest from traditional finance institutions has accelerated Canton’s momentum as a preferred network for regulated tokenization infrastructure, including tokenized securities, deposits, and settlement workflows.

Fireblocks Trust Company Adds Regulated Custody SupportFireblocks said custody for Canton Coin will be supported through Fireblocks Trust Company, a qualified custodian chartered by the New York State Department of Financial Services (NYDFS).

The trust structure provides institutional clients with a regulatory-compliant custody framework designed to meet fiduciary and risk management standards expected by large financial firms.

The update also uses Fireblocks’ MPC security architecture and governance control allowing institutions to operate on Canton with the protections required for institutional-scale adoption.

A Pathway for Regulated Tokenization and Digital InstrumentsStephen Richardson, Chief Strategy Officer and Head of Banking at Fireblocks, said institutions need infrastructure that is in line with traditional operating requirements.

“Institutions exploring tokenized assets and regulated digital finance need infrastructure that aligns with how they operate — confidentially, predictably, and with strong governance,” Richardson said.

Growing Demand?Chris Zuehlke, Partner at DRW and Global Co-Head of Cumberland, explains Canton’s architecture is well suited for traditional finance users seeking compliant blockchain infrastructure.

“Canton is purpose-built for regulated markets and offers the privacy, interoperability and scalability that will be in demand from traditional finance users,” Zuehlke said. “Fireblocks’ institutional-grade wallet provides the secure operational foundation needed to interact with Canton at scale.”

Fireblocks Acquires TRES for $130M In January Fireblocks agreed to acquire crypto accounting and tax platform TRES for $130 million, a move aimed at strengthening compliance tools for institutions managing digital assets at scale.

The deal comes as on-chain activity continues to expand across corporate treasuries and payment systems.

Ethereum Price Warning: $1,500 Risk Appears As a Bullish Metric Drops 90%ETH Hodler accumulation fell 90%, from 338,708 ETH to 40,953 ETH since January.NUPL remains above capitulation at 0.007, far from April 2025’s −0.22 bottom.Exchange transfers jumped 50% in a day, showing price bounces are still being sold.The Ethereum price is showing early signs of stabilization after a sharp sell-off in late January. ETH has rebounded about 4.6% over the past 24 hours after dipping near $2,160. On the surface, this looks like a relief bounce inside a broader falling wedge pattern.

But on-chain data tells a more cautious story. While the bullish structure has not fully broken, long-term holder behavior and profit-loss metrics are weakening. Together, they suggest that this rebound may lack strong conviction. If these trends persist, Ethereum could remain vulnerable to another leg lower, with even $1,500 in sight.

A 37% Price Drop Couldn’t Break Pattern, But There’s A CatchSince mid-January, Ethereum has fallen nearly 37% to lows around $2,160. The decline followed a clear bearish divergence.

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Between January 6 and January 14, ETH made a higher high, while the Relative Strength Index (RSI) made a lower high. RSI measures momentum on a 0–100 scale. When price rises, but RSI weakens, it signals fading buying pressure. This divergence often leads to trend reversals, and Ethereum responded accordingly.

Despite the sharp drop, the price has stayed inside a falling wedge. A falling wedge forms when the price makes lower highs and lower lows inside narrowing trendlines. It is usually a bullish structure that signals weakening selling pressure.

Ethereum Holds Structure: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

So structurally, Ethereum has not fully broken down. However, something more important has weakened: long-term holder conviction.

Hodler Net Position Change tracks whether long-term investors are accumulating or selling. On January 18, the 30-day net position change peaked near +338,708 ETH. This showed strong accumulation.

By February 2, that figure had collapsed to around +40,953 ETH. That is a drop of nearly 90%.

Hodlers Accumulating Fewer Coins: GlassnodeThis means long-term holders have sharply reduced buying during the correction. When conviction holders do not accumulate into weakness, it usually signals that the market has not reached a true bottom. Strong bottoms form when long-term holders keep accumulating even as prices fall. That is not happening now.

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Paper Profits And Exchange Transfers Show Rallies Are Being SoldThe second warning comes from Ethereum’s Net Unrealized Profit/Loss (NUPL) and exchange transfer data.

NUPL measures how much profit or loss holders have on paper. It compares current prices with the average purchase price. When NUPL is high, most investors are in profit. When it turns negative, many are at a loss.

In late January, Ethereum’s NUPL dropped from around 0.25 to near 0.007 by February 1. This shows that profits have almost vanished, but not completely.

NUPL Reset Needed: GlassnodeHowever, on a one-year view, NUPL is still far from true capitulation.

In April 2025, NUPL fell to −0.22. That marked deep fear and capitulation. After that, ETH rallied from about $1,472 to $4,829, a surge of roughly 228%. Today, NUPL is nowhere near those levels.

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This suggests that large-scale capitulation has not happened yet. There may still be room for further downside before a durable bottom forms.

Exchange transfer data adds to this risk. During the late-January drop, numbers of transfers (not coins) fell to around 23,000–24,000 per day. This showed reduced selling pressure near the lows. But during the rebound between February 1 and February 2, transfers jumped to above 37,000.

That is a rise of more than 50% in one day. This means many holders (possibly the speculative ones) used the bounce to move ETH to exchanges and likely sell. When every rebound triggers a spike in transfers, it signals that rallies are being distributed, not accumulated.

Exchange Transfers Surge: GlassnodeThis pattern highlights a growing divide between speculative traders and longer-term capital.

Gil Rosen, Co-Founder of the Blockchain Builders Fund, described this split in an exclusive quote to BeInCrypto:

“There are two separate capital flows. There is institutional capital that was beginning to heavily invest in crypto across all asset classes, and then there are retail flows. Institutional capital is always macro first, and when markets shift, crypto is still viewed as a risk asset. Meanwhile, short-term speculative capital surged in Q4,” he highlighted

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This behavior keeps upward moves weak.

Ethereum Price Levels Show Why $1,500 Is Back in PlayWith structure holding but conviction weakening, the Ethereum price levels now matter more than indicators. The first key support sits near $2,250. This level has acted as a short-term base after the rebound.

Below that, $2,160 remains critical. This marks the recent low and is closer to the lower boundary of the falling wedge. A confirmed break below this zone would weaken the bullish Ethereum price structure.

If $2,160 fails and also the lower wedge trendline , risk opens toward the $1,540 region, a key Fib extension level to the downside. This kind of dip would also bring NUPL closer to historical capitulation levels and the price near the April 2025 zone.

Ethereum Price Analysis: TradingViewThat is where a deeper reset could occur. On the upside, Ethereum must reclaim $2,690 to change the narrative. This level marks a major Fibonacci resistance and a prior breakdown zone.

Only a sustained move above $2,690 would signal that buyers are regaining control. Until then, rallies between $2,250 and $2,690 are likely to face heavy selling pressure. As long as ETH remains trapped in this range, every bounce risks becoming another exit opportunity.

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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.

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US President Donald Trump said he was unaware of the $500 million investment by an Abu Dhabi royal into World Liberty Financial, pushing responsibility to his sons as questions mount over foreign money, crypto rails, and US policy decisions.

Asked at the White House on Feb. 2 about a The Wall Street Journal report that the Abu Dhabi royal family invested “hundreds of millions of dollars” into the Trump-linked venture, Trump flatly denied knowledge and framed the operation as a family-run side project.

“Well, I don’t know about it. I know that crypto is a big thing and they like it. A lot of people like it,” Trump said. “The people behind me like it. My sons are handling that. My family is handling it. And I guess they get investments from different people. But I’m not.” He then pivoted to geopolitics: “I have all I can handle right now with Iran and with Russia and Ukraine and with all the things we’re doing.”

Trump says he knows nothing about the $500M Abu Dhabi investment in his family’s WLFI crypto project.

“I don’t know about it… my family is handling it.” pic.twitter.com/sBEfXO1FCK

— TFTC (@TFTC21) February 2, 2026

Why The Trump Deal Raises Questions The denial lands amid a fast-building paper trail around World Liberty Financial’s cap table and its ties to Gulf-linked capital. According to the report, a firm associated with Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal tied to the emirate’s state investment machinery, acquired roughly 49% of World Liberty Financial in a deal valued at about $500 million, with documents reviewed by the Journal indicating the agreement was struck just days before Trump took office.

The report also describes why the timing is politically combustible: months after the reported stake purchase, the Trump administration moved ahead with supplying the United Arab Emirates with advanced US-made AI chips despite prior concerns about diversion risks to China, intensifying the perception that business and statecraft are entangled.

World Liberty Financial, for its part, has rejected the suggestion that any government action was influenced by the investment. A spokesperson said that neither Trump nor Steve Witkoff was involved in the transaction and called claims tying it to the chips decision “100% false,” while White House counsel said the president has no involvement in business deals that would implicate his constitutional responsibilities.

The controversy has a second, crypto-native layer: the same Abu Dhabi orbit has already shown it is willing to use World Liberty-linked instruments as settlement rails. Abu Dhabi-backed MGX used World Liberty’s dollar-pegged stablecoin (USD1) to settle a $2 billion investment into Binance, a deal publicly discussed by World Liberty co-founder Zach Witkoff at TOKEN2049 in Dubai.

That combination has given critics an easy narrative hook: foreign state-linked capital gaining proximity to a US president’s family business while policy decisions affecting the same country move through Washington.

At press time, WLFI traded at $0.13.

WLFI holds above the 0.236 Fib, 1-week chart | Source: WLFIUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com

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Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

Crypto data firm Nansen is releasing a new digital token index tracking the largest Layer 1s, according to an announcement on Tuesday. 

The index, called NX8, will be issued by OpenDelta and developed in a strategic partnership with Nansen. Its composition includes Bitcoin, Ethereum, Solana, BNB Chain, TRON, Hyperliquid, Avalanche, and Sui.

“NX8 enters the market at a time when the era of infrastructure proliferation and new blockspace production is coming to an end,” OpenDelta co-founder Nick Schteringard said. “Clear winners have emerged — Layer-1s that have successfully captured users and developers.

According to the announcement, NX8 is the first product rolled out under Nansen’s Joint Venture Protocol, an initiative designed to support teams building infrastructure for onchain financial markets.

OpenDelta is a blockchain-based infrastructure provider that enables the creation of onchain tokenized indices and other structured crypto financial products.

NX8 will be issued on Solana and tap LayerZero’s Omnichain Fungible Token standard to provide multichain compatibility. It will first be made available for trading on Orca and using Solana-based aggregators like Jupiter, Kamino, and Dflow. 

Anchorage and Hex Trust will provide Institutional-grade custody for NX8 while GMCI will maintain the index’s methodology.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Ripple enters 2026 with new permissions in the UK and the EU.In January, Ripple said it received UK Financial Conduct Authority permissions covering an Electronic Money Institution (EMI) license and cryptoasset registration.

On Feb. 2, it said it received full EMI approval in Luxembourg.

But what does that really mean for XRP investors?

Ripple’s own standardized XRPL “snapshot” tables effectively stop at Q1 2025 (when it said it would sunset the XRP Markets Report in its current form), so 2026 “utility” narratives should be tested against fresher third-party research and live XRPL dashboards, most recently benchmarks like Messari’s Q3 2025 network review, rather than year-old quarter-over-quarter comps.

Key takeawaysRipple’s licensing progress is a company-level distribution enabler, and it still needs observable conversion into XRPL activity before “utility” becomes an XRP demand claim.With Ripple sunsetting its quarterly XRP Markets Report tables after Q1 2025, a more current XRPL checkpoint comes from third-party research such as Messari’s Q3 2025 snapshot, which said average daily transactions rose 8.9% QoQ (1.6M to 1.8M) and total new addresses rose 46.3% QoQ to 447,200.Cross-border payments modernization remains slow at the system level, with the BIS saying end-2027 targets are off pace and the FSB saying global outcomes have not translated into tangible improvements.XRP’s 2026 tape can remain sensitive to liquidity conditions, after the Fed held its key rate unchanged at about 3.6% in January.Who this is forLong-term holders who want a checklist that separates Ripple distribution from XRPL usage.Swing traders who trade legal and licensing headlines but want on-chain confirmation gates.Institutional and treasury readers tracking payments rails, licensing, and settlement pathways.What to watch this quarterXRPL activity trend versus the last disclosed benchmark (transactions, new wallets, fees burned, DEX volume).Operational readiness signals, including whether validators and operators remain current on core node releases such as rippled 3.0.0.Regulatory-to-usage conversion evidence, using the funnel from licensing to onboarding to routing choices to XRPL settlement.Macro payments backdrop on cost, speed, and access targets, including the BIS and FSB progress language.What XRPL is (and what “utility” can realistically mean)XRPL is a public ledger with its own node software lifecycle. Network maintenance can matter to both uptime and the credibility of any “enterprise-grade” narrative. According to XRPL.org, version 3.0.0 of rippled was released on Dec. 9, 2025.

The site urged server operators to upgrade “as soon as possible.” In an investor thesis, “utility” needs a definition that survives headline cycles.

Ripple’s markets reports provide a monitoring template by publishing four buckets that can be tracked as a group: transactions, new wallets, XRP burned in fees, and DEX volume.

Ripple vs XRPL (who does what), why licenses do not equal token demandRipple’s 2026 regulatory updates sit at the company layer.

Ripple said it received FCA permissions in the UK covering an EMI license and cryptoasset registration on Jan. 9, 2026.

Ripple also said it received preliminary EMI approval in Luxembourg on Jan. 14, 2026.

It later said it received full EMI approval in Luxembourg on Feb. 2, 2026.

A forward-looking framework treats those permissions as the first step in a conversion funnel that can be audited over time.

Licensing → institutional onboarding → routing and settlement choices → XRPL activity → potential XRP demandThe funnel can break at routing choices, since a payments business can route value in ways that do not require XRP on-ledger settlement.

The investable question for 2026 is whether licensing-driven distribution expands XRPL usage in the specific on-chain buckets that can be tracked.

Demand drivers in 2026: payments reality, liquidity regime, and headline betaAt the macro payments layer, the baseline remains slow reform rather than fast step-change.

The Financial Stability Board’s 2025 consolidated progress report said efforts have not translated into “tangible improvements” globally, and that costs remain “sticky.”

The Bank for International Settlements wrote in a December 2025 bulletin that end-2027 cross-border payment targets were off pace.

It also said improvements were “modest.”

Stablecoins remain a competing settlement narrative with its own constraints.

The IMF said stablecoins can improve payments and global finance, while warning about risks including currency substitution and reduced control over capital flows.

In markets, liquidity conditions can still dominate medium-term performance for higher-beta assets. The Fed held its key rate unchanged at about 3.6% in a January decision.

For XRP, the 2026 read-through is mechanical.

If rates and volatility conditions tighten, headline-driven rallies may face a higher bar to persist without on-chain confirmation.

XRPL’s institutional roadmap headlines can influence narrative flow.

They still require ledger-level confirmation to become an “utility drives price” claim, including Ripple’s institutional-focused roadmap for XRPL and XRPL’s proposed upgrades for institutional DeFi.

What to track in 2026: XRPL metrics dashboard and narrative-to-metric checksRipple’s last disclosed quarter-over-quarter comparison provides a benchmark for what “cooling” looked like after a spike.

In Messari’s State of XRP Ledger Q3 2025 report, the firm said multiple key network metrics increased quarter over quarter, including average daily transactions rising from 1.6 million to 1.8 million.

It also reported quarter-over-quarter declines in transaction-fee burn (in XRP) and DEX activity, providing a more recent “cooling vs. re-acceleration” frame for 2026 monitoring.

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Metrics dashboardMetricQ2 2025Q3 2025QoQ changeHow to use it in 2026 monitoringAverage daily transactions1.6M1.8M+8.9%Look for sustained throughput gains across multiple quarters, not isolated bursts tied to hype cycles.Average daily active sender addresses21,90025,300+15.4%Use as a participation proxy, while remembering destination-tag aggregation can compress “address” counts for exchanges/custodians.New addresses (quarter total)—447,200+46.3%Track whether licensing/onboarding narratives coincide with net-new account growth, not just recycled activity.XRP burned in transaction fees (quarter total, XRP)308,700174,200-43.6%Use as an activity-cost signal (and a “demand for blockspace” proxy), but interpret alongside fee/price regime changes.DEX volume (avg daily, CLOB issued-currency volume, USD)$8.2M$7.9M-4%Watch whether liquidity grows alongside throughput (a healthier pattern than volume spikes in isolation).DEX volume (avg daily, AMM volume, USD)$2.1M$1.7M-17%Track AMM participation separately from the CLOB, since each can move differently depending on market structure and incentives.Messari reported total new addresses rising 46.3% QoQ to 447,200 in Q3 2025, alongside average daily transactions rising from 1.6 million to 1.8 million.

That move provides a more current onboarding and throughput reference point for “utility” discussions heading into 2026 than older quarter-pair comparisons.

Ripple also said it would sunset the XRP Markets Report “in its current form” starting in Q2 2025, meaning its prior on-chain tables should be treated as a closed historical series rather than a living quarterly benchmark.

The shift makes methodology continuity a first-order check: don’t splice Ripple’s legacy tables together with third-party series without explicitly normalizing definitions and data sources.

Those details are in Ripple’s Q1 2025 XRP Markets Report and Messari’s Q3 2025 XRPL report.

Narrative-to-metric mapping (audit trail)“Licensing unlocks usage” should show up as a multi-metric trend, including transactions and fees burned, plus new wallets if onboarding expands participation.“XRPL DeFi liquidity is improving” should show up in DEX volume alongside activity metrics, using the same reporting-methodology caveats.Bull, base, and bear casesBull signposts: licensing tailwinds coincide with sustained, multi-quarter re-acceleration across transactions, new wallets, fees burned, and DEX volume.

The licensing leg is observable through Ripple’s UK and Luxembourg updates, and the on-chain leg is observable through the metrics framework in its markets reports.

Base signposts: Ripple expands regulated distribution, while XRPL activity stabilizes near a post-spike range.

XRP trades as a liquidity- and headline-sensitive asset under the Fed’s pause-rate context.

Bear signposts: cross-border payments modernization stays slow under BIS and FSB progress language.

Stablecoins draw payment attention within the IMF’s risk framework, and XRPL activity fails to re-accelerate under tighter risk appetite.

Red flags and invalidation (what breaks the thesis)Methodology discontinuity: Ripple’s note that it updated on-chain data sources, which “may result in slight discrepancies,” can invalidate naive quarter-to-quarter comparisons.Narrative-only rallies: licensing or legal headlines that do not align with multi-metric XRPL follow-through across transactions, wallets, fees burned, and DEX volume.Macro mismatch: payments adoption claims that ignore BIS and FSB progress language risk overstating near-term conversion from infrastructure plans to global cost and speed outcomes.Common misconceptions and an action checklist for 2026 monitoringMisconception: “Ripple licensing means XRP demand.”

Ripple’s permissions describe what the company can do in regulated markets, and the token-demand claim requires a second step that is observable on XRPL via activity metrics.

Misconception: “Ripple equals XRPL.”

XRPL has its own operational cadence, and XRPL.org’s rippled 3.0.0 upgrade guidance is a reminder that network reliability is its own track.

Action checklist and routineWeekly: log risk appetite inputs tied to the Fed rate regime, since the AP described the policy rate as unchanged at about 3.6% as of late January.Monthly: update an XRPL dashboard using Ripple’s four buckets as a consistent template, and flag any methodology notes before comparing trends.Quarterly: re-run the licensing-to-ledger funnel, mapping Ripple’s jurisdictional permissions to observable routing and activity outcomes, and keep the conclusion conditional until the on-chain leg confirms.For 2026, XRP-related narratives reduce to whether regulated distribution converts into sustained XRPL usage.

That test plays out under a payments system that global bodies still describe as slow to change.

Mentioned in this articlePosted in

The crypto market has entered one of those phases that rarely make headlines but often shape what comes next. Price action across major assets has slowed, volatility has compressed, and even Bitcoin is struggling to establish a clear short-term direction.

For many investors, this environment raises a familiar question: what is the best crypto to buy now when momentum fades and conviction becomes harder to find?

Historically, these quieter periods tend to separate reactive trading from strategic positioning.

Capital does not leave the market altogether. Instead, it becomes more selective, looking for projects that can attract attention without relying on daily price swings. This shift in behavior is increasingly visible in early 2026 and helps explain why Bitcoin Hyper is beginning to feature more prominently in market discussions.

👉 See why Bitcoin Hyper is being closely watched right now:

A market that is consolidating, not collapsing Despite the lack of excitement, there are few signs of widespread fear.

Bitcoin continues to trade within a defined range, suggesting indecision rather than distress. Institutional flows have slowed, retail activity has cooled, and traders appear more willing to wait than to chase uncertain setups.

This kind of consolidation has played a critical role in previous cycles.

When large assets pause, attention naturally drifts toward alternatives that are not directly tied to short-term macro signals. As a result, the conversation around the best crypto to buy now becomes less about charts and more about positioning, narrative, and timing.

Bitcoin Hyper and the search for selective exposure Bitcoin Hyper is entering the spotlight precisely because it aligns with this more deliberate mindset.

While it remains closely connected to the broader Bitcoin narrative, it does not depend entirely on Bitcoin’s daily price behavior to stay relevant. That distinction matters in a market where even small macro headlines can disrupt short-term momentum.

For investors reassessing how to stay exposed without overcommitting to volatility, Bitcoin Hyper represents a different angle.

It offers familiarity through its association with Bitcoin, while positioning itself in a way that may benefit from shifts in sentiment rather than immediate price action. This combination is increasingly appealing as investors rethink what the best crypto to buy now actually means in a low-energy market.

Investor psychology is doing the heavy lifting One of the defining features of the current environment is psychological rather than technical. When markets move fast, decisions tend to be emotional. When markets slow down, behavior changes. Investors begin to observe more, question assumptions, and explore ideas that might have been overlooked during more aggressive phases.

Data from digital asset research firms supports this pattern. According to broader market flow insights published by organizations such as CoinShares, periods of reduced volatility often coincide with capital rotation rather than outright withdrawal. This helps explain why interest can quietly build around projects like Bitcoin Hyper even in the absence of major catalysts.

Timing matters more than noise The idea of identifying the best crypto to buy now is less about immediate upside and more about alignment with the market cycle. In early 2026, the cycle appears to be transitioning rather than trending. Momentum has stalled, but confidence has not vanished.

Projects that can remain visible during this transition often benefit when activity eventually returns. Bitcoin Hyper’s growing presence during a subdued market suggests it is resonating with investors who are thinking ahead rather than reacting to daily fluctuations.

Ongoing coverage at NewsBTC continues to highlight this shift, as market narratives increasingly focus on selective positioning instead of broad rallies.

What investors are watching next As the year progresses, attention is likely to remain on how projects behave during extended periods of uncertainty. Engagement levels, consistency of interest, and the ability to stay relevant without strong price momentum are becoming key indicators.

For those evaluating the best crypto to buy now, Bitcoin Hyper is being monitored through exactly this lens. Its appeal is not built on short-term hype, but on how it fits into a market that is recalibrating rather than accelerating.

👉 Take a closer look at Bitcoin Hyper’s current positioning:

While no single project offers certainty, periods like this often reward patience and perspective. As the market continues to pause, the groundwork for the next phase is quietly being laid.

Disclaimer: Cryptocurrency investments involve risk. Market conditions can change rapidly, and losses may occur. Always conduct your own research before making investment decisions.

Bitcoin is changing hands at $78,162 today, with a market capitalization of $1.56 trillion and 24-hour trading volume surging to $54.86 billion. It has swung between $77,642 and $79,130 over the past day—tight, yes, but deceptively charged with indecision.

By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price. Feb 3, 2026, 1:22 p.m.

Ether’s weekend slide at the turn of February revived a familiar question: is the Ethereum network falling behind newer competitors or struggling to justify its valuation?

STORY CONTINUES BELOW

As ETH plunged by as much as 17% alongside most of crypto, skeptics wondered whether this was a warning sign that the protocol’s dominance may be eroding.

Yet inside Ethereum’s ecosystem, the sell-off has not been met with the same alarm. Developers and long-term players largely framed the move as a market-driven correction rather than a verdict on Ethereum’s health.

By several measures, network activity remains near peak levels. “Ethereum TVL is actually near all-time highs when denominated in ETH,” said Sam Ruskin, an analyst at Messari, suggesting capital has not meaningfully fled the ecosystem even as the token’s dollar price slipped.

(ETH TVL denominated in ETH/ DefiLlama)

Other indicators point in the same direction. The entry queue for ETH staking — the wait validators face to help secure the network — has stretched to roughly 70 days, a signal that demand to commit capital to Ethereum, especially among large institutions, remains strong despite short-term volatility.

That resilience is also showing up across decentralized finance, where activity has held up even as prices have soured. Traders and users are still engaging with onchain applications in search of yield, a sign that usage has not evaporated alongside sentiment.

“We’re still growing and getting more users and revenue, but token price is lagging,” said Mike Silagadze, the CEO of ether.fi, one of the largest restaking networks, to CoinDesk over Telegram. “We’re just focusing on the long run.”

Some market observers argue that the price move itself is being overinterpreted. Marcin Kazmierczak, CEO of blockchain data firm RedStone, said ether’s decline looks more like market “noise” than a signal of weakening fundamentals, particularly as retail trading activity fades. What matters more, he said, is a level of institutional conviction around onchain finance that he hasn’t seen before.

“The absence of retail excitement is actually refreshing - the next cycle will be driven by real adoption, not memes, and it allows builders to focus on creating long-term value,” Kazmierczak added.

That disconnect between price action and progress on the ground is a familiar pattern in Ethereum’s history. Periods of market turbulence have often coincided with some of the network’s most consequential development milestones, as builders continue to ship regardless of short-term sentiment.

“As we have seen with the Merge, the market is pretty bad at pricing in the fundamental technical realities of chains,” said Marius Van Der Wijden, a core developer at the Ethereum Foundation, noting that major technical changes are often only fully reflected in prices well after they are completed.

For some analysts, the divergence between price and onchain data reflects broader market dynamics rather than Ethereum-specific weakness. Ruskin said the network “looks as healthy as it ever did,” arguing that ETH’s recent decline is more closely tied to bitcoin’s movements or wider market sentiment than to any deterioration in Ethereum’s fundamentals.

Read more: DeFi’s quiet strength: Value locked on platforms holds as market selloff tests traders

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Reports suggesting a deepening strategic alignment, and a potential full-blown merger, between SpaceX and xAI have sent ripples through both the aerospace and artificial intelligence sectors.

The theoretical combination creates a vertically integrated behemoth: SpaceX’s Starlink satellite network provides the global nervous system, while xAI’s Grok models function as the brain. This isn’t just about corporate consolidation; it creates a distributed compute infrastructure capable of bypassing traditional terrestrial bottlenecks entirely.

For the broader market, a $1.25T synergy of this magnitude signals that AI is moving from a software novelty to a fundamental infrastructure layer. If Starlink terminals become edge computing nodes for xAI, the latency issues plaguing real-time AI applications could practically vanish.

However, this massive centralization of data and connectivity has triggered a second-order effect. Investors are now hunting for the antidote: decentralized, application-specific AI platforms that operate outside the purview of Big Tech monopolies.

Capital is increasingly rotating into protocols that use AI for specific utilities, particularly in the creator economy, while maintaining Web3 sovereignty.

The market logic is simple: while Musk builds the global hardware rails, the profitable application layer belongs to decentralized protocols that solve immediate user pain points like censorship and high fees. Leading this shift in the content creation sector is SUBBD Token ($SUBBD), a platform merging generative AI tools with blockchain payment rails.

You can buy $SUBBD here.

SUBBD Token Deploys AI Agents to Disintermediate Creator Platforms While SpaceX and xAI focus on the macro infrastructure, the $85 billion content creation industry is facing its own AI revolution at the micro level.

SUBBD Token ($SUBBD) has emerged as a direct challenger to legacy Web2 platforms like OnlyFans and Patreon. Frankly, the old model is struggling—creators are tired of losing up to 70% of revenue to fees and facing arbitrary bans.

SUBBD utilizes Ethereum-based smart contracts to guarantee payment transparency, but its real differentiator is the proprietary AI suite.

The platform addresses the ‘scalability problem’ of human influence. Through features like AI Voice Cloning and AI Influencers, creators can automate personalized interactions with fans, scaling their presence without the burnout. The data suggests a pivot in how digital content is consumed; passive viewing is being replaced by interactive, AI-driven engagement.

SUBBD’s ‘HoneyHive’ model allows for the curation of these AI-driven personas, effectively tokenizing the relationship between creator and audience.

Plus, the integration of an AI Personal Assistant automates the backend workflow for creators, handling scheduling and interaction data. By shifting these tools onto a decentralized architecture, SUBBD prevents the kind of de-platforming risks associated with centralized tech giants. It’s a pragmatic application of AI: using automation not just to generate content, but to protect revenue streams and cut down on platform friction.

Explore the SUBBD Token presale here.

Presale Data Indicates Shift Toward Application-Layer AI Assets The appetite for decentralized AI utility is reflected in the capital flows surrounding the SUBBD Token presale. According to the latest on-chain data, the project has successfully raised over $1.4M, signaling strong retail and whale confidence in the intersection of SocialFi and AI.

With tokens currently priced at $0.05749, early positioning suggests investors are betting on the platform capturing a distinct slice of the creator economy market share before the full public launch.

Beyond the capital raise, the protocol’s staking mechanics are designed to encourage long-term holding patterns—a critical factor for volatility management in low-cap assets.

The project offers a fixed 20% APY for the first year of staking. This high yield acts as an incentive for supply lock-up, reducing sell pressure while the platform’s beta features roll out. Unlike speculative meme coins, this staking structure is tied to platform benefits, including access to exclusive ‘Behind The Scenes’ (BTS) drops and XP multipliers for platform governance.

As major infrastructure players like xAI and SpaceX consolidate power, smart money is diversifying into the application layer. SUBBD represents a functional hedge: a decentralized platform that uses the same generative AI advancements pushing the industry forward, but structures them to benefit individual creators rather than a centralized monopoly.

Visit the $SUBBD presale.

Disclaimer: The content provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments, particularly in presale stages, carry inherent risks including high volatility. Always conduct your own due diligence before making investment decisions.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Journalist

Posted: February 3, 2026

DeepBook [DEEP] has shown impressive momentum, recording a 19% daily gain at press time and shifting sentiment back in favor of the bulls.

This sharp move comes after a period of minimal price activity, highlighting strong buyer interest. As momentum builds, the key question is whether this surge has enough strength to sustain further gains.

Accumulation signals emerge from on-chain divergence DEEP’s on-chain metrics support the bullish case, according to recent reports. The divergence between DEEP’s adjusted price and Daily Active Addresses has recorded notable gains over the same period.

At the time of writing, the Adjusted Price DAA Divergence stood at 0.031 after a daily narrow margin surge.

In most cases, such divergence reflects growing conviction among investors. Instead of chasing short-term moves, participants in the DEEP market seem to be positioning for a potential continuation.

If this investor behaviour persists, it could help sustain upward momentum.

Source: Santiment

Trading volume confirms strength behind the move At the same time, DEEP’s trading volume has also reacted to the price gain, recording a significant increase over the same period.

Usually, rising volume alongside price validates a breakout, indicating that the rally is backed by strong participation rather than thin liquidity. This reduces the risk of a quick reversal and strengthens the case for further upside.

Source: Santiment

Can DEEP test the $0.04 resistance next? From a technical perspective, the next key level under investor scrutiny lies near the $0.04 psychological resistance. That price level was the last key price inflection point that initiated the recent bearish run.

However, short-term consolidation cannot be ruled out. After a sharp daily gain, brief pullbacks are common as traders lock in profits.

But the asset’s broader bullish structure remains intact as long as buyers defend recent support zones. The Stochastic RSI was in an oversold zone as of writing.

This affirms that the bullish run continuation is far from over in the near term.

Source: TradingView

What’s next for DEEP That said, DEEP’s rally appears supported by improving on-chain activity, rising volume, and accumulation signals. If these trends continue, a move towards the $0.04 level looks increasingly plausible.

Final Thoughts DEEP’s adjusted price and active address divergence point to ongoing accumulation. Strong volume supports bullish momentum, keeping $0.04 firmly in focus.

Crypto entrepreneur Stani Kulechov has purchased a mansion in London’s Notting Hill district for £22 million, or about $30 million, one of the priciest residential deals in the city over the past year. 

According to a Tuesday report by Bloomberg, the DeFi lending platform Aave founder secured the property in November for about £2 million below the guide price. The home is a Victorian property spread over five floors and with wide views over the Notting Hill neighborhood.

The acquisition comes as London’s high-end housing market struggles with falling prices, lower transaction volumes, and tax-driven headwinds that have affected properties in the “wealthy” side of London since November.

Kulechov has previously voiced support for the UK as a potential region ripe for crypto innovation. He welcomed guidance from the UK tax authority HM Revenue and Customs, indicating that locking digital assets as collateral in DeFi lending would not in itself count as a taxable event.

Aave founder buys property in struggling UK real estate market Kulechov is a Russian-born Finnish lawyer who founded the decentralized finance platform Aave in 2017, originally under the name ETHLend. The protocol has grown into one of the largest DeFi lending markets, with more than $50 billion in assets deposited in its pools. 

The transaction was made during a period that economists had dubbed difficult for London’s luxury housing sector. The market has been pressured by tax changes introduced under the Labour government, including higher stamp duties and the removal of a preferential tax regime previously used by wealthy foreign residents. 

According to researchers at LonRes, home sales above £5 million in December dropped by 40% compared with the same month a year earlier. Moreover, the top of the market is expected to face tough times ahead, as new levies are expected to take effect in 2028. That backdrop has led to cautious pricing, longer marketing periods, and more frequent discounts from asking prices in prime districts.

Even so, West London neighborhoods have hosted several of the year’s most notable purchases. Some areas, such as Holland Park and Notting Hill, are still attracting high-value transactions, with the spot where Kulechov bought a house “holding up the strongest” for price growth among prime central London districts in the final quarter of the year.

The UK Office for National Statistics data shows there were deeper price corrections in the capital’s most expensive boroughs, including a 4.6% annual drop in central London prices, following a 4.3% fall in October. 

The steepest declines appeared in areas traditionally favored by international buyers, with average prices in Westminster dropping 15.5% over the year to £866,000. In Kensington and Chelsea, prices dropped 16.3% to an average of £1.19 million. 

Economists believe some overseas owners have exited due to a drop in new foreign demand following the government’s revision of “non-dom” tax rules. On the other hand, outer London boroughs like Havering and Bromley saw annual price increases of 5.2% and 6% respectively. 

Uptick in values of properties in outer districts softened the citywide picture, yet London’s overall average house price still slipped 1.2% in the year to November, settling near £553,000. That followed a 2.6% annual decline recorded in October.

Tax speculation dampens high-end house demand  Towards the end of January, property portal Zoopla’s executive Richard Donnell said the speculation ahead of Chancellor Rachel Reeves’ November Budget “hit demand and market activity at the upper end of the housing market”. Reeves later announced a council tax surcharge starting in April 2028 for homes valued above £2 million, most of which are in London and the South East.

In a BBC poll of 1,000 people aged 25 to 45 in Greater London, 42% said they may be forced to leave the city despite not wanting to move. Nearly two-thirds of young respondents said they are using some form of borrowing to meet housing costs.

Looking at the rest of the UK, the National House Building Council reported 115,350 new homes registered for construction in 2025, up 11% from 103,669 in 2024. Private sector registrations increased 12% year-on-year to 75,227. The rental and affordable housing segment recorded a 10% gain, with 40,123 homes registered, up from 36,404 a year earlier. 

Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

"Currently, a 10 billion market cap, this thing is not even worth $1 billion," one X user argued.

The latest cryptocurrency market crash was brutal, sending Cardano’s ADA to multi-month lows.

Some analysts believe the storm may not be over, warning the price could nosedive by as much as 75% in the short term.

The Bad Days for the Bulls Aren’t Over? Several hours ago, ADA plunged to 0.27, the lowest level since August 2024. Currently, it trades at around $0.29 (per CoinGecko’s data), representing a 15% decline on a weekly scale.

ADA Price, Source: CoinGecko The well-known analyst DrBullZeus claimed that the asset is now nearing “a must hold support zone” at the range of $0.24-$0.28. He thinks that breaking below that level could result in a price crash to $0.125 and even $0.075.

The popular trader Matthew Dixon also chipped in. He suggested that “technically speaking,” ADA has retraced in three waves since the local top seen towards the end of 2024. He outlined $0.24 as a “very important long-term support,” predicting that as long as it holds, the price could rebound.

“A break of support would be a serious concern,” he alerted.

Prior to that, Harmonic Trader predicted that in six months, ADA might trade under $0.10. “Currently, a 10 billion market cap, this thing is not even worth $1 billion,” they argued.

Time to Rally? Despite ADA’s recent price decline, some other analysts remain optimistic that a resurgence could be on the way. One of them, using the X nickname “Lucky,” asked their almost two million followers whether they plan to increase their exposure to the token at current rates. The analyst also envisioned a potential pump to nearly $1 in the near future.

You may also like: Crypto Trading Activity Hits Yearly Lows as Holiday Lull Freezes Markets Bitcoin (BTC) Stops at $90K After the FOMC Meeting, Cardano (ADA) Plunges by 10%: Market Watch Whales Are Leaning Into Ethereum (ETH) and Cardano (ADA): Retail Is Lagging Behind LaPetite is also bullish. Several days ago, he forecasted that ADA is about to go “parabolic,” claiming that “huge announcements” concerning Cardano are coming soon.

The recent exchange netflows signal that a rebound could indeed be on the horizon. Data provided by CoinGlass shows that over the past days and weeks, outflows have significantly outpaced inflows. This means investors have been shifting from centralized platforms to self-custody, which in turn reduces immediate selling pressure.

ADA Exchange Netflow, Source: CoinGlass Tags:

Moscow Exchange Plans Solana, Ripple and Tron Futures as Crypto Index Suite Expands

Tanzeel Akhtar

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Tanzeel Akhtar

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Tanzeel Akhtar has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal, Bloomberg, CoinDesk, Bitcoin...

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The Moscow Exchange (MOEX) is preparing to broaden its suite of cryptocurrency products in 2026 by launching new futures contracts tied to major digital assets including Solana (SOL), Ripple (XRP) and Tron (TRX), according to an executive interview with RBC.

The exchange, which already calculates and trades futures on its Bitcoin and Ethereum indices revealed plans to introduce three new crypto indices reflecting price dynamics for Solana, Ripple and Tron — and subsequently offer futures contracts based on each of these benchmarks.

Maria Silkina, Chief Manager of the Derivatives Product Group at the Moscow Exchange, told RBC in the “Investment Hour” program that expanding the exchange’s crypto pairings is a priority for the coming year, starting with some of the “top names” in the market.

“During this year we will be expanding pairs and probably the top names that will definitely be among the first are Solana, Ripple and Tron… after that we will see how it goes,” Silkina said.

Index Foundation Crucial to Futures LaunchSilkina stressed that futures contracts on crypto assets require underlying indices as a reference price, explaining that futures cannot exist without clearly defined and published benchmarks.

Currently MOEX calculates indices for Bitcoin and Ethereum in accordance with a transparent methodology available on its website, and futures related to those indices are actively traded on the derivatives market.

“We are developing MOEX crypto indices, we calculate them according to methodology, they are disclosed on the website. A future cannot be launched without a base asset. Naturally, indices must appear, they must be calculated and published, and only after that can the future appear. Otherwise, a future cannot exist,” Silkina explained.

The proposed new futures contracts will be cash-settled — like the existing Bitcoin and Ethereum contracts — meaning they do not involve physical delivery of the underlying cryptocurrency, in line with current Bank of Russia regulations.

These cash-settled contracts will expire monthly and follow the same design framework as the BTC and ETH futures already available.

Per current Russian law, derivatives tied to cryptocurrency indices on the Moscow Exchange will only be accessible to qualified investors.

Perpetual Futures and Options Under ConsiderationIn addition to the new index futures, the exchange is evaluating the introduction of perpetual futures — one-day contracts that automatically roll over — for the major cryptocurrencies, including Bitcoin and Ethereum.

Silkina confirmed that after broadening the range of futures pairs, the exchange also plans to introduce perpetual futures and options on the same indices.

“After expanding the lineup of futures to other pairs, we also plan perpetual futures and options. But all this will be added gradually. The perpetual future will be on the same index that currently has a monthly future,” Silkina said.

The development marks another step by one of Russia’s largest financial markets towards institutionalizing crypto derivatives trading within existing regulatory frameworks, offering professional traders and institutions more tools for exposure, hedging and price discovery in digital assets.

Russia Limits Crypto Buyers to $4,000 AnnuallyRussia’s State Duma also plans to finalize legislation by July 1, 2026, establishing a two-tier crypto access system that caps non-qualified investors at 300,000 rubles ($4,000) annually while granting unlimited purchasing power to qualified investors, according to Anatoly Aksakov, head of the State Duma Committee on Financial Markets, in an interview with Parlamentskaya Gazeta.

The framework, based on the Bank of Russia’s December concept submitted to the government, treats digital currencies and stablecoins as tradable currency assets while maintaining their prohibition for domestic payments.

Bitcoin stabilized near $78,000 as spot ETF inflows turned positive on supportive macro data, easing pressure across major cryptocurrencies; liquidations stand at $303.54 million over the past 24 hours. Bitcoin ETFs saw $561.9 million in net inflows on Monday, while Ethereum ETFs reported $2.86 million in net outflows.

US ISM Manufacturing PMI Hits a 3-Year High: What It Means for BitcoinUS ISM Manufacturing PMI jumped to 52.6, ending nearly a year of contraction.Crypto analysts link PMI expansion phases with past Bitcoin bull market cycles.Others warn PMI signals Fed policy shifts, not direct crypto price action.The US ISM Manufacturing Purchasing Managers Index (PMI) reached 52.6 in January 2026, breaking above the critical 50 level for the first time in a year.

The January reading marks a shift from contraction to expansion. Investors and analysts are now exploring links between manufacturing PMI trends and Bitcoin price cycles.

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US PMI Breaks Expansion Threshold After Year-Long SlumpThe US ISM Manufacturing PMI is a closely watched economic gauge that offers an early snapshot of the health of the US manufacturing sector. The index is released by the Institute for Supply Management (ISM).

It is based on surveys of purchasing managers across the country. These executives report on changes in new orders, production levels, employment, supplier deliveries, and inventories, providing real-time insight into factory activity.

The PMI is measured on a scale from 0 to 100. A reading above 50 signals expansion in manufacturing activity, while a figure below 50 points to contraction.

In January 2026, the ISM Manufacturing PMI beat forecasts, rising to 52.6 from 47.9 in December 2025. This marked the strongest reading since August 2022 and signaled a return to expansion after nearly a year of contraction.

US ISM Manufacturing PMI For January 2026. Source: Trading EconomicsIt was also the first time the index moved above the 50 threshold since January 2025. The 4.6-point jump represents a notable turnaround in sentiment within the manufacturing sector.

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What Does Manufacturing PMI Expansion Mean for Bitcoin?The latest rebound in the US Manufacturing PMI has fueled optimism across the crypto community. The key question is: why? Analysts suggest that periods of PMI expansion have often coincided with major Bitcoin rallies.

One of the longest ISM Manufacturing PMI contraction periods in U.S. history ended this morning with a breakout to 52.6, up 4.7 points from December.

Past breakouts in 2013, 2016, and 2020 served as key catalysts for Bitcoin's major bull runs.

This ends 26 consecutive months of…

— Joe Burnett, MSBA (@IIICapital) February 2, 2026 Crypto trader Michaël van de Poppe echoed a similar view, pointing out that previous Bitcoin and crypto bull markets tended to unfold when the PMI remained above the 50 level.

With the index now back in expansion territory, he suggested that macro conditions could once again support sustained upside momentum across the digital asset market.

“The previous bull markets on Bitcoin and Crypto happened when it was above 50. We came from the longest period <50 without a recession. It’s time for Bitcoin to shine. We’re a lot closer to the end of the bear market,” he wrote.

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Crypto analyst TheRealPlanC also argued that Bitcoin should be analyzed through a broader macroeconomic and business-cycle framework, rather than relying solely on the traditional four-year halving narrative.

“If you don’t upgrade your understanding of the Bitcoin cycle from the 4-year halving mirage mindset to a business cycle / macro mindset fast… You will miss the boat completely on the second massive leg of this Bitcoin bull market!” the post read.

Manufacturing PMI: Monetary Policy Indicator, Not a Direct Bitcoin CatalystSome analysts caution that the PMI surge is not a direct driver of Bitcoin price action. Brett argued that the index mainly signals future monetary policy changes. Understanding this difference is key to expectations around the crypto market.

“ISM is not a 1:1 indicator for Bitcoin. It’s a better indicator of future Fed policy,” he said.

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Brett noted that while the reading is broadly bullish for the economy, it carries an important caveat for markets. A stronger ISM typically reduces the urgency for the Federal Reserve to cut interest rates.

Historically, periods in which the ISM remains in expansion territory have seen the Fed more inclined to pause or even hike rates rather than pivot toward easing. Higher interest rates are generally unfavorable for crypto markets. Tighter financial conditions tend to reduce liquidity and dampen risk appetite for assets like Bitcoin.

The analyst also pointed to several historical divergences between Bitcoin and the index. In 2014 to 2015 and again in 2018 to 2019, ISM readings ranged from 52 to 59, yet Bitcoin entered extended bear markets.

Conversely, from 2023 to 2025, the ISM stayed below 50 for roughly two years while Bitcoin surged by around 700%.

Nice to see some other guys on this platform that actually post thoughtful takes on macro and how it relates to crypto.

So many just take everything to mean "alt season is around the corner."

Only a few people actually have well thought out takes on the market. https://t.co/TLYc8rEAUX

— Benjamin Cowen (@intocryptoverse) February 3, 2026 With the outlook split, the coming months will be key in determining whether the improvement in US manufacturing activity translates into a sustained Bitcoin recovery or remains a macro signal with limited impact on crypto prices.

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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Bitcoin (BTC/USD) is recovering and trading near $78,406 as it works to stabilize after a large $2.5 billion liquidation. Binance began rebalancing its treasury by buying $100 million in Bitcoin during the recent price dip, drawing attention from the market. This is not just a single trade. It marks the beginning of a $1 billion accumulation plan that aims to tie the world’s largest exchange more closely to Bitcoin, the main asset in the crypto ecosystem.

The “Buy the Dip” Breakdown: Binance’s $1B SAFU ShiftOn February 2, 2026, Binance officially kicked off its plan to convert the entirety of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin.

This emergency insurance fund, set up in 2018 to protect users from major losses, is changing its risk profile to better match crypto-native principles.

Initial Batch Completed: Binance converted $100 million worth of stablecoins into approximately 1,315 BTC. Average Entry Price: The transaction was executed at an average price of roughly $77,409.89 per coin as Bitcoin traded near nine-month lows. Ongoing Buying Pressure: With approximately $900 million in stablecoin buying power still remaining, Binance intends to complete the full conversion within the next 27–28 days. The Floor Mechanism: Binance has committed to maintaining the SAFU fund at a $1 billion target value. Crucially, if price fluctuations cause the fund to drop below $800 million, the exchange will top it back up by purchasing more Bitcoin, creating an implicit support mechanism for the market. Market Momentum: The “Warsh-Driven” StabilizationThe broader price action is currently defined by a “stabilization bounce” following a period of extreme fear. The nomination of Kevin Warsh as the next Federal Reserve Chair initially sparked a risk-off rotation that bolstered the U.S. Dollar, but Bitcoin has found resilient structural support near the $74,500 mark.

Institutional Resiliency: While some retail sentiment has cooled, corporations like Hyperscale Data continue to expand their holdings, now possessing over 575 BTC. Sentiment Reset: The Fear & Greed Index recently hit extreme lows of 17, a reading that historically signals a potential market bottom before a relief rally. Dominance Levels: Bitcoin maintains a commanding 57.55% market share, acting as the primary anchor for the total $2.72 trillion crypto market capitalization. Bitcoin (BTC/USD) Technical Analysis: Spotting the Next BreakoutBitcoin price prediction is strongly bearish as BTC’s daily chart shows a battle between falling resistance and key Fibonacci support while the market searches for direction. Bitcoin is now testing the 0.236 Fibonacci level at $78,400. Staying above this level is important to avoid dropping back to the $74,666 support.

Bitcoin Price Chart Source: TradingviewThe Relative Strength Index (RSI) recently dropped to about 28, which is considered oversold. This means the recent sell-off was steep, and a strong short squeeze could be on the way.

The price remains below the 50-day EMA and 200-day SMA, which are now strong resistance levels around $85,000.

Significant liquidity pools are found near $70,837 and $67,387, which could act as magnetic support if the current rebound slows down.

Conclusion: A Strategic Bet on the Future of MoneyBinance’s move to convert the SAFU fund is more than just a balance sheet change. It’s a calculated bet on Bitcoin’s long-term role as a mainstream macro asset. By removing $1 billion in stablecoin exposure, Binance is signaling that it sees Bitcoin as the ultimate Premier long-term store of value.

While short-term volatility is still high, steady buying from Binance and other institutions is creating a solid base for the next cycle.

Trade Idea: Watch for a confirmed daily close above $80,700 to consider a tactical long entry, aiming for a move toward $88,000 with a stop-loss below $74,000.

Bitcoin Hyper: The Next Evolution of BTC on Solana?d for security, Bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $31.2 million, with tokens priced at just $0.013675 before the next increase.

As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.

Click Here to Participate in the Presale

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Ethereum (ETH) has, in the last seven days, suffered a decline of over 21% as volatility continues to affect the coin’s performance. However, it appears a reversal is on the horizon as Lookonchain, an on-chain analytics platform, has spotted 6,368 ETH exiting the Binance exchange.

Ethereum whale activity signals confidenceNotably, the 6,368 ETH, valued at $14.79 million, was pulled out of the world’s largest crypto exchange by a wallet believed to belong to the portfolio manager at HashKey Capital, Jacob Zhao.

The move suggests that Zhao is not looking to sell the asset anytime soon. Rather, he is moving it into self-custody or staking. Since the wallet is linked to a professional fund manager, it signals confidence in the outlook of Ethereum on the crypto market despite ongoing volatility.

The Ethereum community is already bullish about this large withdrawal, with some opining that professional investors rarely move such volume off exchanges for short-term trades. They expressed excitement that, despite the lingering volatility, Ethereum has the potential to bounce back.

Ethereum has fluctuated between a low of $2,265.60 and a peak of $2,393.06 within the last 24 hours. As of this writing, Ethereum exchanges hands at $2,281.71, which represents a slight increase of 0.19% for the coin.

However, trading volume remains low and has dropped by 35.65% to $34.94 billion. This is likely due to institutional dumping by BlackRock. The asset management giant has, within the past 48 hours, deposited 59,327 ETH worth about $133.6 million onto Coinbase. Such a move is causing some retail investors to approach the market with caution.

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Institutional Ethereum staking sparks confidenceNonetheless, market watchers expect that this will improve as whales are entering an accumulation mode. As U.Today reported, a well-known whale entity referred to as "7 Siblings" has been very active and spent about $31 million in buying the dip.

If such massive accumulation continues on several fronts, it could trigger increased volume and impact the price positively.

Meanwhile, Ethereum treasury giant BitMine has staked over half of its ETH reserves. As spotted by Arkham Intelligence, BitMine moved 209,504 ETH into staking contracts. This is considered a bullish indicator, as it suggests confidence in the future price outlook for Ethereum.

While the asset is staked, BitMine is able to generate between $190 million and $200 million annually in revenue from it.