Bitcoin price extended its decline below $78,000. BTC is now attempting to recover from $74,500 but faces many hurdles near $80,000.
Bitcoin is attempting to recover above $77,000 and $78,000. The price is trading below $80,000 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $78,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $77,000 and $76,000 levels. Bitcoin Price Faces Resistance Bitcoin price failed to remain stable above the $82,000 zone. BTC extended its decline below the $80,000 and $79,500 levels. The bears were able to push the price below $78,000.
It spared major bearish moves, pushing the price below $76,000. A low was formed at $74,543, and the price is now attempting to recover. There was a move above $78,000. The price surpassed the 23.6% Fib retracement level of the downward move from the $90,440 swing high to the $74,543 low.
Besides, there was a break above a bearish trend line with resistance at $78,400 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $80,000 and the 100 hourly simple moving average.
Source: BTCUSD on TradingView.com If the price remains stable above $77,000, it could attempt a fresh increase. Immediate resistance is near the $79,200 level. The first key resistance is near the $80,000 level. A close above the $80,000 resistance might send the price further higher. In the stated case, the price could rise and test the $82,500 resistance or the 50% Fib retracement level of the downward move from the $90,440 swing high to the $74,543 low. Any more gains might send the price toward the $84,000 level. The next barrier for the bulls could be $85,000 and $85,500.
Another Decline In BTC? If Bitcoin fails to rise above the $79,200 resistance zone, it could start another decline. Immediate support is near the $78,000 level. The first major support is near the $77,000 level.
The next support is now near the $76,000 zone. Any more losses might send the price toward the $74,500 support in the near term. The main support sits at $72,000, below which BTC might struggle to recover in the near term.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $77,000, followed by $76,000.
Major Resistance Levels – $79,200 and $80,000.
2026-02-03 01:401mo ago
2026-02-02 19:411mo ago
XRP Price Struggles as Bearish Pressure Overwhelms Bulls
The most recent XRP price movement suggests that bullish momentum has largely faded, leaving the asset increasingly exposed to continued downside risk. XRP is currently under firm control of sellers, with buyers showing little ability to defend key price levels after multiple failed recovery attempts over the past few weeks. The buy side appears exhausted, while selling pressure continues to dominate overall market sentiment.
From a technical perspective, the daily XRP/USD chart highlights a clear and persistent downtrend. The asset continues to form lower highs and lower lows, a classic bearish structure that signals weakening buyer confidence. Each attempted rebound has been noticeably weaker than the last, reinforcing the idea that bulls are losing conviction. Compounding this weakness, XRP has fallen well below major moving averages such as the 50-day and 100-day levels. These indicators, once considered support, now act as dynamic resistance and limit upside potential.
XRP is trading at price levels not seen in several months following another sharp decline. Even short-lived rallies have failed to gain traction and are quickly met with renewed selling. Volume analysis further supports this bearish outlook, as spikes in trading activity have coincided with downward price movements, indicating distribution rather than accumulation. This suggests that market participants are still offloading positions instead of building new long-term exposure.
Adding to the negative outlook, XRP recently broke out of a descending structure only to reverse sharply lower again. Such false breakout signals often intensify bearish sentiment, as traders who entered positions expecting a trend reversal are forced to exit at a loss. Compared to other major cryptocurrencies, XRP’s relative performance remains weak, and the broader crypto market downturn has only amplified selling pressure.
Unless bulls can swiftly reclaim critical resistance levels and reestablish upward momentum, XRP risks drifting even lower. Psychological support zones may become the next area of focus, but without fresh buying interest, those levels could also struggle to hold.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-02-03 01:401mo ago
2026-02-02 19:431mo ago
Ethereum Price Plunges After Whale Liquidations Trigger Massive Sell-Off
Ethereum experienced a sharp market shock after an explosive surge in trading volume triggered a steep price decline, erasing key technical support levels within hours. The sudden drop appears to have been fueled by forced liquidations and rapid exits from large whale positions, significantly increasing sell-side pressure across the broader crypto market. This event comes after weeks of sustained weakness in Ethereum’s price action, which had already shown signs of structural fragility.
For an extended period, ETH struggled to hold above the critical $2,800 support zone on the daily chart. Multiple attempts to regain major moving averages failed, with bullish momentum repeatedly rejected at key resistance levels. This persistent inability to reclaim trend-defining indicators signaled growing vulnerability. Once a massive spike in sell volume entered the market, that fragile structure collapsed, sending Ethereum decisively below support and accelerating downside momentum.
The sharp volume increase strongly suggests that large leveraged positions were liquidated as prices moved lower. Automated liquidations, combined with panic-driven selling, intensified the decline once important support zones were breached. As a result, Ethereum rapidly slid toward the $2,300–$2,400 price range, a level now being closely monitored by traders and analysts. Such rapid moves are often associated with whales or institutional investors being forced to sell due to margin calls or proactively reducing risk amid broader market uncertainty.
From a technical perspective, Ethereum is now trading well below its key moving averages, which have shifted into overhead resistance. Momentum indicators remain weak, reinforcing the idea that sellers currently control the short-term trend. While oversold conditions could spark brief relief rallies, any meaningful recovery may take time due to the damage done to Ethereum’s overall market structure.
In the near term, price volatility is likely to remain elevated as traders assess whether the recent sell-off represents capitulation or simply another leg lower. Until Ethereum can reclaim major resistance levels and stabilize above key technical thresholds, bearish pressure may continue to dominate market sentiment.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-02-03 01:401mo ago
2026-02-02 19:471mo ago
Crypto bear market is nearing end, with $60K as key bitcoin floor, Compass Point analysts say
Further downside would likely require a U.S. equity bear market, analysts say, as bitcoin tests weak support. Feb 3, 2026, 12:47 a.m.
The crypto market may be closing in on the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk-off event to push bitcoin BTC$78,858.30 significantly lower.
“While near-term risk remains skewed to the downside, we believe we're approaching the final innings of the crypto bear market,” analysts Ed Engel and Michael Donovan wrote in a report Monday. “Further downside would likely require a U.S. equity bear market.”
STORY CONTINUES BELOW
Their base case calls for bitcoin to bottom between $60,000 and $68,000, a zone where long-term holders have shown buying conviction in past cycles. “We see very strong support within this range and our base case assumes BTC bottoms near ~$65k,” they wrote. “Of BTC owned by Long-term Holders (6+ months), 7% was acquired between $60-68k.”
Bitcoin recently broke below $81,000 to as low as $74,532 over the weekend, a level the analysts say reflects the average cost basis for both bitcoin exchange-traded fund (ETF) investors and the broader market. “Bitcoin ETFs recorded $3bn net outflows since 1/15. With over 50% of ETF AUM now underwater, we see risk that outflows remain elevated while ~$81-83k becomes overhead resistance,” they wrote.
Read more: Bitcoin can still fall further. Historical data shows $60,000 will be the bottom
'Air pocket'The price range between $70,000 and $80,000 now presents an “air pocket,” with little structural support above $70,000, according to Engel and Donovan.
“Less than 1% of Long-term Holder supply was acquired within this range,” they said, pointing to the potential for further selling pressure.
If bitcoin falls through the $60,000–$68,000 support range, the next stop could be around $55,000 — but only under more extreme conditions. “Past bear markets have bottomed below the average cost basis for all historical buyers,” they said. That level currently sits around $55,000, but “during the 2022 bear market, it took the combination of an equity bear market and several high-profile crypto bankruptcies to breach BTC's average cost basis.”
Read more: Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster
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.
2026-02-03 01:401mo ago
2026-02-02 19:591mo ago
XRP Risks Echoing 2022 Crash as New Buyers Slip Underwater
XRP’s price is struggling to stay above the critical $1.48 support level following a weekly decline of over 20%. Capitulation from new buyers and selling pressure from whales threaten a further pullback. Declining stablecoin reserves on exchanges are weakening the buying power necessary for a recovery. The XRP downside risks observed in recent hours have sounded alarms across the cryptocurrency market. These risks bear a striking resemblance to the bearish phase experienced in 2022. At the time of writing, the asset was trading at $1.60, sitting dangerously close to its aggregated realized price.
This metric, positioned at $1.48, represents the average purchase cost for all holders in circulation. By falling below this level, recent investors would enter into unrealized losses—a situation technically known as being “underwater.”
Generally, this scenario triggers panic selling that accelerates market corrections. If XRP fails to defend this support, analysts warn of a potential massive capitulation that could emulate the 50% crash observed in previous cycles.
Whale Pressure and Lack of Market Liquidity In addition to negative retail sentiment, data from CryptoQuant reveals that XRP whales have maintained a negative net flow over the last 90 days. This indicates that large wallets are distributing their assets rather than accumulating, thereby increasing the available supply.
On the other hand, global liquidity has been impacted by a massive outflow of stablecoins from exchanges. In the final quarter of 2025, net outflows of $9.6 billion were recorded—a trend that, although it moderated in January, continues to limit buying pressure.
In summary, despite the dire scenario, the two-week RSI near 38 suggests that XRP could find a temporary floor. However, a break below the 100-week exponential moving average at $1.43 would invalidate any recovery attempts heading into the second quarter of 2026.
2026-02-03 01:401mo ago
2026-02-02 20:001mo ago
XRP price prediction: What the loss of the $1.77 swing low means for you
Ripple [XRP] has failed to defend the local swing low at $1.77. In a recent AMBCrypto report, this level was highlighted as a “make-or-break” support level.
At the time of writing, the low from April 2025 at $1.61 was also under threat.
Source: XRP/USDT on TradingView
The CMF remained below -0.05 to signal strong capital outflows. The RSI on this timeframe briefly climbed above neutral 50.
This happened when XRP managed to shift the D3 structure bullishly in the first week of January when it climbed above $2.28.
This momentum did not last, and the bulls were unable to scale the $2.40 resistance. The Bitcoin [BTC] sell-off meant Ripple bulls were unable to bring sustained demand.
Chances of a Ripple recovery? In the long term, its strong fundamentals will help attract investor interest once more.
The setting up of a Ripple treasury and securing regulatory licenses in multiple countries will foster demand for XRP and increase the adoption of RLUSD, Ripple Labs’ stablecoin.
There is more space for the XRPL ecosystem to grow. XRP treasury firm Evernorth wants to put the idle XRP to work through the “XRP Lending Protocol.” It was another development that would likely see increased demand.
These strategies are more long-term. For the coming weeks, technical analysis showed that more downside was likely.
Traders’ call to action – Flip bearish
Source: XRP/USDT on TradingView
The H4 chart showed that a bounce to $1.85-$1.94 would represent a selling opportunity. Short sellers can target $1.50 and $1.39 to take profits.
The 1-day and 3-day price structures were bearish, giving traders more confidence when selling short.
An H4 session close above $1.85 would be an early warning of bears being wrong, and above $1.94 would invalidate this setup. A sustained rally beyond $2 would be the beginning of a recovery.
Final Thoughts XRP lost the key support level at $1.77, flipping the higher timeframe structure decisively bearishly. Traders can wait for a bounce to $1.85 before going short. A move beyond $1.94-$2.0 would indicate bullish resurgence. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories. His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity. Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution. As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.
2026-02-03 01:401mo ago
2026-02-02 20:051mo ago
ISM Manufacturing PMI at 40-month high: Analysts say BTC could benefit
A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround for Bitcoin, which is trading at $78,000.
The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing activity in the US, recorded a score of 52.6 in January, beating the market consensus of about 48.5 and ending 26 consecutive months of economic contraction, ISM stated in a report on Monday.
The index score is a closely watched metric by investors and the Federal Reserve in assessing economic strength, inflation risks, and whether to tighten or ease monetary policy.
A score above 50 indicates the economy is expanding, while a score below 50 indicates it is contracting. The last time the ISM reading was above 52.6 was in August 2022.
ISM Manufacturing Purchasing Managers’ Index since Jan. 2016. Source: Trading Economics
Bitcoin analysts say the strong ISM reading could signal a turnaround for Bitcoin after it hit a 10-month low of $75,442 on Monday.
Data show that the rise and fall of the manufacturing index from mid-2020 to 2023 closely mirrored Bitcoin’s (BTC) price changes over the same period.
“Historically, these PMI reversals mark the shift to risk-on conditions,” Strive’s vice president of Bitcoin strategy, Joe Burnett, said, pointing out that Bitcoin has rallied after rises in the manufacturing output index score in 2013, 2016, and 2020.
Pseudonymous Bitcoin analyst, Plan C, added: “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!”
On the other hand, Into The Cryptoverse founder and CEO Benjamin Cowen noted that Bitcoin doesn’t always rise and fall with the manufacturing index, adding that "Bitcoin is not the economy."
The ISM Manufacturing PMI fell or remained flat across several months last year while Bitcoin rose toward its $126,080 high.
BTC price predictions are far and wideBitcoin has seen a turbulent few months since the Oct. 10 liquidation event, when over $19 billion worth of leveraged crypto positions were suddenly flushed from the ecosystem.
At its current price, Bitcoin is down nearly 38% from its October high, while precious metals and the stock market have mostly trended upward, prompting a fall in Bitcoin market sentiment.
Institutional investors have varying opinions on how Bitcoin would fare in 2026.
In a 2026 prediction report, crypto venture capital firm Dragonfly said Bitcoin would trade above $150,000 by the end of the year, while Fundstrat research head Tom Lee on Jan. 20 tipped Bitcoin would retrace further before making a late-stage comeback and set a new high.
Galaxy Digital took a pass on making a prediction and said 2026 would be “too chaotic” to even guess, saying Bitcoin could end up anywhere between $50,000 and $250,000.
Magazine: A ‘tsunami’ of wealth is headed for crypto: Nansen’s Alex Svane
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-02-03 01:401mo ago
2026-02-02 20:231mo ago
At $76K, Strategy's Average Cost Meets Bitcoin's Current Price
Bitcoin briefly fell below Strategy's $76,052 breakeven, exposing how the 713,502 BTC position now defines market structure mechanically.Latest 855 BTC purchase at $87,974 raises marginal cost and capital dependency, amplifying downside risk if prices decline.Feedback loop risk: declining BTC weakens MSTR stock, constrains capital market access, reduces buying power, removes demand support.Bitcoin’s brief dip below $76,000 this week triggered a 7% drop in Strategy’s stock price. It exposed a structural reality that markets can no longer ignore: the company’s entire 713,502 BTC position now sits precisely at its cost basis.
This stark reality transforms what was once a corporate treasury bet into a market-defining reference point.
Sponsored
When Size Becomes StructureStrategy, formerly MicroStrategy, has accumulated approximately 3.57% of Bitcoin’s total supply. This concentration means the company has evolved from being a large holder to becoming part of the market structure itself.
“Saylor isn’t just bullish—he is the market,” noted CryptoQuant analyst Maartunn in a detailed assessment of Strategy’s position. “This is no longer passive ownership. This is market structure.”
The numbers underscore this transformation. As of February 1, Strategy holds 713,502 BTC acquired for approximately $54.26 billion at an average price of $76,052 per coin. When Bitcoin touched $74,500 on Monday—its lowest level since April—the firm’s entire position briefly slipped underwater.
The price has since recovered to around $78,800, but the episode revealed how the $76,000 level has become a mechanical reference point. According to Maartunn’s analysis, roughly 61% of Bitcoin’s circulating supply is currently above the market price, while 39% is below. Strategy’s massive position straddles this equilibrium line precisely.
The Pressure of Continued BuyingDespite the volatility, Strategy announced another purchase: 855 BTC acquired at an average price of $87,974. While this demonstrates continued commitment to the Bitcoin treasury strategy, it also introduces additional structural pressure.
Sponsored
The latest buy raises the marginal cost of Strategy’s holdings and increases capital dependency. More critically, the purchase was made at prices roughly 7% above current market levels, meaning these new coins are already in the red.
“Buying 855 BTC at $87,974 raises the marginal cost, increases capital dependency, adds size which is directly at a -7% loss,” Maartunn observed. “Saylor now owns more BTC above market price than below it. That means dips hurt faster.”
Sponsored
A Different Kind of LeverageStrategy’s position carries leverage—just not the kind typically associated with crypto trading. The company’s Bitcoin purchases have been funded through equity issuance, convertible bonds, and other capital market instruments.
SEC filings reveal the scope of available funding: STRK preferred stock alone has $20.33 billion in remaining issuance capacity, with additional capacity across STRF ($1.62 billion), STRC ($3.62 billion), STRD ($4.01 billion), and common stock ($8.06 billion).
But this capital market dependency creates a potential feedback loop. If Bitcoin prices decline, Strategy’s stock weakens. A weaker stock price constrains the company’s ability to raise capital through equity issuance. Reduced capital access limits buying power, which removes a significant source of demand support from the market.
“Saylor isn’t levered like a trader, but the balance sheet still amplifies risk,” Maartunn explained. “If BTC dips, MSTR stock weakens, or funding appetite slows—the feedback loop reverses.”
Sponsored
What Markets Actually TestThe current situation invites comparisons to previous structural vulnerabilities in crypto markets—not because Strategy faces imminent collapse, but because its position has grown large enough to shape market behavior.
“We’ve seen this structure before,” Maartunn noted, referencing Terra and FTX. “Not because they were evil, but because too much depended on them. Saylor isn’t there yet. But with 3.57% of total supply, extreme public visibility, price sitting on his cost basis, and continued buying required to defend structure—the setup is clear.”
On-chain metrics reinforce the cautious outlook. Realized Cap remains stagnant, indicating no significant new capital inflows. The Spent Output Profit Ratio (SOPR) continues to hover below 1, signaling that short-term holders are selling at a loss. Without improvement in spot volumes and ETF flows, any price recovery is likely to lack structural backing.
“Price sitting near your average doesn’t imply safety. It implies focus,” Maartunn concluded. “Markets don’t test stories. They don’t test belief. They test size, concentration, funding structure, and how much price action depends on continued participation.”
For now, the market appears positioned for range-bound consolidation rather than a sharp breakdown—unless the feedback loop linking Bitcoin prices, Strategy’s stock, and capital market access turns negative.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2026-02-03 01:401mo ago
2026-02-02 20:301mo ago
Robert Kiyosaki Confirms He's Buying More Bitcoin After Crash
Robert Kiyosaki says market crashes favor buyers, signaling plans to accumulate bitcoin while also adding gold and silver as long-term hedges against fiat money and financial instability. Robert Kiyosaki Says Market Crash Signals Opportunity, Not Fear Rich Dad Poor Dad author Robert Kiyosaki shared on social media platform X on Feb.
2026-02-03 01:401mo ago
2026-02-02 20:321mo ago
Monero Slides as Traders Eye $266 as Next Key Level
XMR recorded a drop of nearly 12% in the last 24 hours, leading losses within the privacy-focused cryptocurrency sector. The breach of a historical ascending trendline signals a structural shift toward a prolonged corrective phase. Open Interest has decreased drastically due to panic-driven position closures, outpacing forced liquidations. The privacy segment has been hit by the current fragility of the crypto market. In this scenario, investors are analyzing the next key level for Monero, which, according to current technical patterns, could be found near $266 in the short term.
Recent price action invalidated an ascending support line that was vital for the previous rally toward $800. By losing this structure, the asset’s dynamics shifted from a temporary consolidation to a retracement phase that threatens an additional 32% drop.
Furthermore, the Money Flow Index (MFI) stands at levels around 26, confirming a constant capital outflow. However, this indicator continues to trend downward, suggesting that selling pressure has yet to find a definitive equilibrium point.
Derivatives Dynamics and Potential Recovery Scenarios Despite weakness in the spot market, futures market data presents a complex reading with many nuances. Although the price is falling, the Long/Short ratio remains tilted toward long positions, meaning many traders are still betting on a rebound.
On the other hand, the sharp drop in Open Interest to $141.15 million reveals that participants are voluntarily closing positions out of fear. This behavior is key, as it indicates that aggressive selling intensity could be exhausting itself near the lower Bollinger Bands.
In summary, if XMR manages to stabilize at its current support, there is a possibility of a technical rally toward $519. However, until market confidence is restored, bearish risks will continue to dominate price action toward the $266 target.
2026-02-03 00:401mo ago
2026-02-02 17:011mo ago
Bitcoin hits ‘fire-sale' value as capital flows capitulate: Bitwise
Bitcoin (BTC) price fell to a year-to-date low of $74,555 on Monday, marking a 40% drawdown from its all-time high. The move coincided with $1.3 billion in net outflows from the global Bitcoin exchange-traded products (ETPs) last week.
This drawdown coincided with extreme bearish sentiment and low valuation metrics, but the silver lining could be analysts’ view that a potential asymmetric trade setup is in the works.
Key takeaways:
Bitcoin’s 2-year rolling MVRV z-score has fallen to its lowest level on record, signalling extreme undervaluation.
Global Bitcoin ETPs saw $1.35 billion in weekly net outflows, led by $1.49 billion from US spot exchange-traded funds (ETFs).
Bitcoin’s daily RSI dropped into the 20 to 25 range, a zone that has preceded 10% rebounds in every instance since August 2023.
Bitcoin Global ETP netflows. Source: Bitwise“Fire-sale” valuations emerge for Bitcoin as sentiment collapses: BitwiseAccording to the Weekly Crypto Market Compass report by Bitwise, BTC’s dip has driven its two-year rolling Market-Value-to-Realized-Value (MVRV) z-score to the lowest level ever recorded, a metric linked with undervaluation, “signalling fire-sale valuations for Bitcoin”.
Bitcoin MVRV 2-year rolling z-score. Source: BitwiseThe MVRV z-score measures how far Bitcoin’s market value deviates from the aggregate cost basis of investors, adjusted for historical volatility.
Bitwise’s Cryptoasset Sentiment Index also dropped to levels last seen during the October 2023 liquidation crash, with only 2 of 15 tracked indicators remaining above their short-term trend.
Capital fund flows reinforced the bearish tone. Global crypto ETPs recorded $1.73 billion in net outflows last week, following $1.81 billion the week prior. Bitcoin products alone accounted for $1.35 billion, with the bulk driven by US spot BTC ETFs.
The Grayscale Bitcoin Trust and the iShares Bitcoin Trust posted $119 million and $947 million in weekly outflows, respectively.
Bitcoin may find support near Monday's lowsBitcoin may be positioned for a short-term relief move after establishing a local low near $74,500 on Monday. The daily relative strength index (RSI) dropped into the 20 to 25 range, a zone that has preceded roughly 10% in price rebounds in every instance since August 2023, with June 2024 being the only delayed exception.
Bitcoin price and RSI correlation. Source: Cointelegraph/TradingViewThe lower time frame data supports the possibility of a rebound and the spot cumulative volume delta (CVD) on Binance and Coinbase has turned positive as BTC rebounded toward $79,300.
The rising spot CVD indicates net aggressive buying, while the flat open interest and negative aggregated funding rates suggest the move is driven by spot demand rather than leveraged longs, reducing immediate liquidation risk.
Bitcoin price, aggregated spot volume, funding rate, and open interest. Source: Velo.dataBTC long liquidations worth over $1.8 billion last week support this view, and the current liquidity is on the upside, with over $3 billion in cumulative short positions at risk of liquidation near $85,000.
Crypto trader ‘exitpump’ echoed this setup, noting a bullish spot CVD divergence across major exchanges.
Bitcoin liquidation map. Source: CoinGlassThis 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.
2026-02-03 00:401mo ago
2026-02-02 17:011mo ago
Jim Cramer Predicts Bounce to $82K but Bitcoin Falls Below $76,000 Within Hours
Jim Cramer’s bullish Bitcoin comments were followed by an immediate drop below $76,000, reinforcing the “Inverse Cramer” meme. His prediction history shows frequent shifts, from selling all crypto in 2022 to buying it as a debt hedge in late 2025. He currently owns BTC, cites a potential bounce to $82,000, but warns the asset is volatile and unreliable. Bitcoin (BTC) volatility intensified after a high-profile call from Jim Cramer collided with fresh downside momentum. As prices hovered near $77,000, Cramer suggested buyers would “come in all at once” and push Bitcoin back toward $82,000, but instead, the asset moved sharply lower.
Within hours, the price broke beneath $76,000, reigniting debate over sentiment-driven calls and the crypto market’s sensitivity to short-term narratives. At the same time, the episode reminded the crypto community of some of Cramer’s earlier predictions that turned out wrong.
Cramer’s comments were framed as market commentary rather than a formal price forecast, but the timing drew attention as Bitcoin failed to hold near-term support. According to recent price data, Bitcoin dropped below $76,000 shortly after the remarks circulated, highlighting the fragile state of market confidence.
A complete, precise history of Cramer’s Bitcoin price predictions does not exist in one authoritative timeline, but there is a clear pattern of shifting views and scattered calls over the years.
Key Phases of His Bitcoin Calls In 2021-2022, Cramer leaned on Tom DeMark’s technical work on CNBC, saying charts suggested “history may repeat itself” for Bitcoin after a steep decline, highlighting a DeMark countdown pattern that could signal exhaustion of the sell-off.
After the FTX collapse in late 2022, Cramer said on CNBC in December he had sold all his crypto and “wouldn’t touch crypto in a million years,” with Bitcoin around $16,000-$17,000 at the time. From that point to late 2025, BTC rose over 400%, feeding the “Inverse Cramer” meme.
In late 2025, when Bitcoin dropped roughly $4,000 in minutes at the start of December, he called it a “horrible” start to the month and said speculation, not fundamentals, drove the slide. Around November 2025 he also complained it felt like “a cabal is trying to keep Bitcoin above $90,000.”
In December 2025 he posted it was “easy to prop up Bitcoin,” commenting as BTC traded around the mid-$80,000s and suggesting large players could support the price. By late 2025, he shifted toward a more favorable view again, saying he wanted “Bitcoin itself” rather than derivatives and was personally buying BTC as a hedge against the rising U.S. national debt.
After Bitcoin broke below $80,000 in early 2026, Cramer repeatedly highlighted the $80,000-$82,000 band as a “line in the sand,” questioning why major bulls were not defending the zone. He argued the rapid break showed a mismatch between Bitcoin’s store-of-value narrative and its actual volatility.
In parallel, he publicly floated a recovery target around $82,000, from prices near $77,000, tying the call to potential intervention by Michael Saylor and other large holders. Current coverage frames his stance as: owns some BTC, sees room for a bounce toward the low-$80,000 region, but warns the asset is unreliable and that sharp bounces off broken support should not be “trusted” as stable trends.
2026-02-03 00:401mo ago
2026-02-02 17:241mo ago
Hyperliquid Set to Launch Prediction Market Outcome Trading
HIP-4 will be the next launch from the decentralized platform Hyperliquid. This update will enable “outcome trading,” a feature that introduces fully collateralized contracts ideal for prediction markets and options-like instruments. Following the announcement, the native token HYPE received a 7% boost in 24 hours, accumulating an impressive 34% weekly rally despite the broader market’s bearish trend.
This could be very bullish for pre-IPO trading on Hyperliquid.
We’re about to see the most news-driven IPO cycle ever (OpenAI, SpaceX, Anthropic). They'll become some of the largest, most important companies of all time.
There will undoubtedly be demand to bet on those markets,… https://t.co/7N1pRg7712
— Sam (@0xCryptoSam) February 2, 2026 This launch marks a significant milestone following the success of HIP-3, which enabled the trading of real-world assets (RWA) and generated record volumes of $12 billion. According to Messari analysts, the competitive advantage of HIP-4 lies in the fact that prediction markets completely eliminate the oracle problem and liquidation risk, allowing for secure bets on high-impact events such as upcoming IPOs from tech giants like OpenAI or SpaceX.
The market will be closely watching the deployment of these contracts on the mainnet, as they could transform Hyperliquid into the premier liquidity hub for pre-IPO assets. The ability to trade without relying on unverified private data will be the determining factor in attracting institutional traders. The next key step will be to observe adoption by market providers and the direct impact on the L1’s transactional volume.
Disclaimer: Crypto Economy Flash News is prepared from official and verified public sources by our editorial team. Its purpose is to quickly inform about relevant facts in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We always recommend verifying the official channels of each project before making related decisions.
2026-02-03 00:401mo ago
2026-02-02 17:291mo ago
Shiba Inu Price Prediction: SHIB Just Crashed to a 3-Year Low – Is SHIB Going to $0?
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Harvey Hunter
Content Writer
Harvey Hunter
Part of the Team Since
Apr 2024
About Author
Harvey Hunter is a Content Writer at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.
Has Also Written
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
11 minutes ago
SHIB has reached previous market cycle lows, a moment that stands to determine whether Shiba Inu price predictions continue their pattern of diminishing returns or break it entirely.
Since launch, each bull run has produced progressively weaker upside for the meme coin, and this cycle now appears to be questioning whether meaningful cycle-by-cycle upside remains at all.
A 15% weekly drawdown has pushed SHIB back into its most important historical proving ground: a life-long demand zone around $0.0000066.
SHIB USD 1-week chart, life-long demand zone. Source: TradingView.This level has consistently marked pivots into bullish phases across previous market cycles, but declining speculative demand casts doubt on whether it still carries that same weight.
As last week’s downside accelerated into the weekend, the new week has opened to $2.45 billion in liquidation. Long positions absorbed the bulk of the damage, accounting for $2.27 billion, while shorts saw just $180 million wiped out.
And market participants have shown little urgency to re-enter. Open interest has cratered by 15% to roughly $75 million, signalling broad de-risking rather than repositioning.
Shiba Inu Open Interest ($). Source: Coinglass.Speaking on the crash, Shibarium core team member Lucie chalked it up to the typical cycle of “over-leverage, panic, forced selling, repeat,” shifting attention to the long-term outlook.
Shiba Inu Price Prediction: Is SHIB Going to $0?Lucie could be right about SHIB, yet to show any notable breakdown of structure as it continues to respect the year-long consolidation of a falling wedge pattern.
The pattern is now nearing its apex, making the latest retest of the life-long launchpad demand zone a potential final low before breakout momentum is realised.
SHIB USD 1-day chart, year-long falling wedge nears apex. Source: TradingView.Momentum indicators suggest sellers may be losing control. The RSI has staged a sharp rebound from the 30 oversold threshold, signalling seller exhaustion and early buyer re-engagement.
The MACD is also back in an uptrend towards a potential golden cross above the signal line, often an early indicator that a mid-term uptrend is beginning to take shape on the daily chart.
The key threshold for a confirmed wedge breakout sits along a past demand zone at $0.00001.With a higher and firmer footing, the full 380% breakout move to $0.000033 could be realised.
And in a full-blown altseason with a more supportive macro backdrop, the step could credibly see gains extend 575% to all-time highs around $0.000042.
Bitcoin Hyper: Bitcoin Can’t Be Ruled Out Just Yet Risk-averse investors may gravitate toward projects built on genuine utility, and one stands out by addressing Bitcoin’s most persistent challenge: its inability to scale.
Bitcoin Hyper ($HYPER) is bridging Bitcoin’s security with Solana tech, creating a new Layer-2 network that unlocks scalable, efficient use cases Bitcoin can’t support on its own.
It opens the door for Bitcoin to play a larger role in top-performing narratives like DeFi and real-world assets – where speed and efficiency matter most.
The project has already raised almost $31 million in presale, and post-launch, even a small fraction of Bitcoin’s massive trading volume could send its valuation significantly higher.
Bitcoin Hyper eliminates the sluggish throughput, expensive transaction costs, and constrained programmability that have historically limited Bitcoin’s use cases, ready for the bull market.
Visit the Official Bitcoin Hyper Website Here
2026-02-03 00:401mo ago
2026-02-02 17:301mo ago
We Hacked Perplexity AI to Predict the Price of XRP, Bitcoin and Ethereum By the End of 2026
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Tim Hakki
Web 3 Journalist
Tim Hakki
Part of the Team Since
Feb 2024
About Author
A journalist and copywriter with a decade's experience across music, video games, finance and tech.
Has Also Written
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
February 2, 2026
When prompted with carefully engineered inputs, Perplexity’s AI model generates striking long-term price projections for the big three cryptos, XRP, Bitcoin, and Ethereum, over the next eleven months.
According to the model’s analysis, an extended crypto bull market combined with clearer and more supportive regulatory frameworks in the United States could push leading digital assets to fresh record highs in the near future.
Below is Perplexity’s outlook for three major cryptocurrencies, all of which the model believes could reach eye-watering new all-time highs (ATHs) this year.
XRP ($XRP): Perplexity Predicts XRP Could Reach $8 by 2027Ripple’s XRP ($XRP) entered 2026 with strong upside momentum, rallying roughly 19% in the first week of the year. Currently trading around $1.64, Perplexity estimates that a sustained bullish cycle could drive XRP as high as $8 by the end of 2026. Such a move would represent gains of nearly 400%, or over four times its current price.
Source: PerplexityXRP was among the top-performing large-cap cryptocurrencies last year. In July, it recorded its first new ATH in seven years, surging to $3.65 after Ripple secured a landmark legal victory against the U.S. Securities and Exchange Commission.
That ruling sharply reduced regulatory uncertainty surrounding XRP and eased broader concerns that the SEC would escalate enforcement actions across the altcoin market.
From a technical standpoint, XRP’s Relative Strength Index is down at a low 32 after briefly spending time below 30. This indicates the weekend’s panic-selloff is wrapping up now.
Additionally, since early January, its support and resistance lines have formed an unresolved bullish flag. This, taken with improving macroeconomic conditions and the timely delivery of the U.S. CLARITY bill (a piece of comprehensive crypto legislation) could act as catalysts for a breakout, potentially propelling XRP toward Perplexity’s $8 projection.
Further supporting the bullish case, recently approved spot XRP exchange-traded funds (ETFs) in the United States are attracting interest from traditional investors, mirroring the institutional inflows previously seen following the launch of Bitcoin and Ethereum ETFs.
Bitcoin (BTC): Perplexity Sees a Path Toward $250,000Bitcoin ($BTC), the first cryptocurrency and largest by market capitalization, reached a new ATH of $126,080 on October 6. Since then, it has lost 37.5% and trades near $78,900 after two market crashes prompted by global political uncertainty,
Source: PerplexityDespite this, Perplexity suggests the broader year-on-year uptrend is likely to remain intact this year, with price targets extending toward $200,000 by 2027.
Often referred to as digital gold, Bitcoin continues to appeal to both institutional and retail investors seeking a potential hedge against inflation and global economic instability.
Bitcoin currently accounts for roughly $1.6 trillion of the $2.74 trillion cryptocurrency market. Prices began falling shortly after President Trump’s escalating rhetoric about occupying Greenland prompted potential retaliatory tariffs against the United States from the European Union.
Beyond short-term geopolitical uncertainty, Perplexity’s analysis points to growing institutional investment and post-halving supply dynamics as factors that could propel Bitcoin to post multiple new high watermarks this year.
Additionally, if U.S. policymakers move forward with proposals for a Strategic Bitcoin Reserve, Bitcoin’s long-term upside potential could exceed even Perplexity’s optimistic current forecast.
Ethereum ($ETH): Perplexity Models a Possible Surge to $7,500Ethereum ($ETH), the leading blockchain for smart contracts, decentralized applications, and decentralized finance, continues to serve as the backbone of much of the Web3 ecosystem.
Source: PerplexityWith a market capitalization exceeding $284 billion and $60 billion in total value locked (TVL) across DeFi protocols, Ethereum remains the central hub of on-chain economic activity.
Its strong security track record, reliable settlement layer, and early leadership in stablecoins and real-world asset tokenization position Ethereum well for deeper institutional adoption, particularly if U.S. lawmakers can pass CLARITY sooner rather than later, which would serve as a boon to institutions wanting to leverage Ethereum’s tech.
ETH is currently trading slightly below $2,400, with major resistance expected around the $5,000 level after it reached an ATH of $4,946.05 in August.
If Perplexity’s bullish scenario plays out, a decisive breakout above $5,000 could open the door to multiple new highs this year, with potential upside ranging from $7,500 to as high as $25,000.
Maxi Doge (MAXI): A Meme Coin Built for Extreme VolatilityFlying under Perplexity’s radar, Maxi Doge ($MAXI) has become one of 2026’s most talked-about meme coin presales, raising around $4.6 million in a pre-launch token sale.
The project’s avatar is an exaggerated, high-energy parody (and distant cousin) of Dogecoin, leaning into both gym bro aesthetics and filthy degen humour. Pumped, unapologetic, and way over-the-top, Maxi Doge reclaims the zany and entertaining speculation that originally propelled meme coins into the spotlight.
MAXI is issued as an ERC-20 token on Ethereum’s proof-of-stake network, giving it a significantly lower environmental footprint than Dogecoin’s proof-of-work model.
Buyers can stake MAXI during the presale to earn yields of up to 68% APY, with rewards decreasing as more users join the staking pool. The token is currently priced at $0.0002802 in the latest presale phase, with automatic price increases triggered at each new funding milestone. Purchases are supported via MetaMask and Best Wallet.
Say goodbye to Dogecoin. Maxi Doge is the new dog in Memesville!
Stay updated through Maxi Doge’s official X and Telegram pages.
Visit the Official Website Here
2026-02-03 00:401mo ago
2026-02-02 17:311mo ago
Bitcoin Price Prediction: The Warsh Shock & The Stablecoin Summit— Is the Bull Case Dead?
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Arslan Butt
Crypto Writer
Arslan Butt
Part of the Team Since
Sep 2022
About Author
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...
Has Also Written
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
February 2, 2026
As of February 3, 2026, Bitcoin (BTC/USD) is trading at $79,000 after a volatile 2.05% rebound on Monday. Some investors see this as a buying opportunity, but analysts point out that the drop to nine-month lows was set off by Kevin Warsh’s nomination as the next Federal Reserve Chair.
This move signaled a stricter approach to monetary policy, which strengthened the U.S. Dollar and reduced liquidity for riskier assets around the world.
Key Takeaways: The 2026 February Liquidity Hunt Technical Rejection: Bitcoin hit a low of $74,532 on February 2, confirming a decisive breach of the $80,000 psychological milestone. The “Warsh Shock”: Markets shed approximately $250 billion in value following the Fed nomination, as investors braced for a potential reduction in the Fed’s balance sheet and tighter US dollar liquidity. Institutional Conviction: Michael Saylor’s firm, Strategy, utilized the dip to acquire an additional 855 BTC for $75.3 million, bringing their total stake to 713,502 BTC. Regulatory Summit: The White House is convening a high-level conference today with crypto startups and large banks to discuss the controversial stablecoin yield. White House Summit: The Battle for Stablecoin YieldTraditional banks and crypto firms are clashing over stablecoin returns. Banks are pushing for limits on yields because they worry about losing large amounts of money from savings accounts. Standard Chartered warns that if yields are not limited, $500 billion could leave developed countries by 2028.
Crypto firms see these limits as anti-competitive, but the industry is split, and Tether is said to support a law banning such yields. If the summit leads to stricter rules, stablecoin liquidity could drop, which would add more short-term pressure on Bitcoin.
Strategy’s Treasury: A Bullish Signal Amid Paper LossesFor the first time since late 2023, Bitcoin briefly fell below Strategy’s average cost basis when it momentarily plunged toward $74,000. Despite this, the firm spent an average of $87,974 per coin in its latest purchase, raising its total investment to $54.26 billion at an average price of $76,052.
Analysts view this continued accumulation during weakness as a bullish sign that lowers available supply and demonstrates that major institutions view deep corrections as strategic purchasing opportunities.
Because these holdings are unencumbered, there is no immediate liquidity risk for the firm despite the brief period of unrealized paper losses.
Bitcoin (BTC/USD) Technical Analysis: Testing the “Golden Ratio” SupportBitcoin price prediction looks bearish as the daily chart of BTC/USD shows a clear transition into a bearish descending channel as the market retests structural floors.
Immediate Support: Bitcoin is currently testing the 0.236 Fibonacci level ($78,400). A failure to sustain this could lead to a retest of the $74,666 horizontal floor or the $70,837 liquidity zone. Momentum Indicators: The Relative Strength Index (RSI) has plummeted toward 28, signaling oversold conditions that typically precede a “short squeeze” relief rally. Resistance Ceiling: The $80,706 and $84,449 (0.5 Fibonacci) levels have flipped into formidable dynamic resistance, capping short-term recovery attempts. Bitcoin Price Chart Source: TradingviewConsider entering a long position if Bitcoin bounces off $74,700, aiming for a rally to $80,700. Set a stop-loss below $72,000 to protect against more liquidity issues from the Fed’s changes.
Bottom Line: While long-term targets remain bullish due to institutional adoption and potential rate cuts under Warsh’s future leadership, Bitcoin’s biggest current weakness, concentrated capital reliance and liquidity sensitivity, has been laid bare. The outcome of today’s White House summit will be a critical determinant for near-term market sentiment.
Bitcoin Hyper: The Next Evolution of BTC on Solana?Bitcoin Hyper ($HYPER) is bringing a new phase to the BTC ecosystem. While BTC remains the gold standard 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 $31.4 million, with tokens priced at just $0.013665 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
2026-02-03 00:401mo ago
2026-02-02 17:331mo ago
Hyperliquid Eyes Prediction Markets With ‘Outcome Trading' Proposal
In brief Hyperliquid plans to introduce “outcome trading,” a fully collateralized framework that can support prediction markets and other derivatives. Interest in prediction markets has surged, with $12.4 billion in volume recorded last month. It comes amid growing regulatory action against prediction market platforms worldwide. Hyperliquid is the latest crypto project setting its sights on prediction markets, announcing plans to roll out support for what it calls “outcome trading,” according to a tweet posted Monday.
The feature will be introduced through Hyperliquid Improvement Proposal 4 (HIP-4), which would allow HyperCore, the protocol’s core infrastructure, to support fully collateralized contracts that settle within a fixed range.
“They are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments," it said, adding that it has seen "extensive user demand" in both areas, with "builders will likely think of novel applications as well."
Prediction markets have seen a surge in activity, with $12.4 billion in trading volume recorded last month, according to data from Dune, as traders increasingly turn to event-based markets spanning politics, sports, and culture.
"Hyperliquid is about to grow the Prediction Markets TAM, which is great for the industry as a whole," Farokh Sarmad, co-founder of Myriad, a prediction market owned by Decrypt's parent company Dastan, said. "This should bring more attention, more users, and most importantly, allow us to approach prediction markets in ways we haven't been able to before."
The HIP-4 proposal itself was first published in September last year. It promotes non-linear, dated contracts and an alternative form of derivatives trading that avoids leverage and liquidations, features that have become synonymous with high-risk crypto trading venues.
"Outcomes" is still under development and is currently being rolled out on Hyperliquid’s testnet. According to the proposal, canonical markets will be deployed when technical work is complete, with contracts denominated in the protocol’s USDH stablecoin. “Pending user feedback, the infrastructure could later be extended to permissionless deployment,” it added.
The announcement appears to have been welcomed by the market. Hyperliquid's HYPE token is trading at $32.83, up more than 11% over the past 24 hours, according to CoinGecko data.
Prediction markets under scrutinyHyperliquid’s move comes as prediction markets face mounting regulatory pressure.
The scrutiny has intensified in recent weeks, particularly around sports and political markets.
Polymarket, one of the sector’s most prominent platforms, has been hit with bans and enforcement actions in multiple jurisdictions, including Hungary, Portugal, Nevada, and Tennessee, where regulators have ordered platforms to shut down and even refund wagers.
Central to the dispute is whether prediction markets should be treated as gambling sites or as financial venues offering so-called “event contracts.”
Despite the regulatory headwinds, major crypto firms continue to push into the space.
Last week, Coinbase rolled out its own prediction market product to users across all 50 states, leveraging contracts from Kalshi.
“Prediction markets are the ultimate form of truth-seeking,” Coinbase CEO Brian Armstrong tweeted.
“When there’s skin in the game, the output is far more reliable," he added. "Everything else is biased by someone’s agenda. I think we’ll look back at prediction markets as a breakthrough in how we discover truth in the world.”
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-02-03 00:401mo ago
2026-02-02 17:371mo ago
Trump's crypto dream crumbles as Bitcoin tanks—Promises, profits, and a market in freefall
When President Trump took office for his second term, he made an audacious promise: to transform the United States into the “crypto capital of the world.” With grand aspirations to lead the charge on digital assets like Bitcoin, Trump’s administration quickly signed an Executive Order aimed at propelling the U.S. to the forefront of cryptocurrency innovation.
But just a year later, the crypto landscape is a far cry from the president’s vision of dominance.
Summary
U.S. spot-Bitcoin ETF investors sitting on paper losses of 8-9%, reflecting a broader slump in the crypto market. Despite promises to make the U.S. the “crypto capital of the world” and initiatives like appointing a “crypto czar,” actual progress in Bitcoin regulation has been limited under Trump’s second term. While the market crashes, Trump’s own crypto holdings have made him between $867 million and $1 billion. Bitcoin’s recent plunge to its lowest level since April 2025 has cast doubt on the lofty ambitions of the Trump administration’s crypto agenda.
As of February 2, Bitcoin fell below $75,000, continuing a steady decline from its peak in 2025, with fresh losses hitting the average U.S. spot-Bitcoin ETF investor, who is now sitting on paper losses of 8-9%. Despite early 2024 inflows still showing promise, newer investments have slipped into the red, echoing a broader slump across the crypto market.
A combination of evaporating liquidity, lackluster inflows, and Bitcoin’s failure to react to typical market drivers like dollar weakness and geopolitical risk have left the leading cryptocurrency directionless. The market’s struggles have mirrored a broader sell-off in global equities and commodities, erasing a staggering $700 billion in crypto market capitalization within just two weeks, according to analyst Ash Crypto.
Trump’s Crypto Promises: Where’s the Leadership? When Trump championed cryptocurrency as a driver of economic growth, he envisioned the U.S. leading the way. He not only promised a Strategic Bitcoin Reserve and a Digital Assets Stockpile but also appointed David Sacks as the “crypto czar” to steer regulation.
However, aside from the passing of the GENIUS Act—focused on payment stablecoins—actual progress on Bitcoin and altcoin regulation has been scant. The market’s recent downturn raises questions about whether Trump’s bold crypto vision will ever come to fruition.
Meanwhile, Trump himself has made millions from the crypto space, with some estimates of his profits ranging between $867 million and $1 billion, making it his most lucrative investment. But as the market collapses, the very assets that once fueled Trump’s personal financial boom may be exposed for their volatility, leaving the public to wonder whether the promise of the “crypto capital” was ever truly achievable.
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ahmed Balaha
Author
Ahmed Balaha
Part of the Team Since
Aug 2025
About Author
Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Has Also Written
Crypto Price Prediction Today 30 January – XRP, Solana, Bitcoin Crypto Price Prediction Today 29 January – XRP, Bitcoin, Ethereum Crypto Price Prediction Today 28 January – XRP, Solana, Bitcoin Crypto Price Prediction Today 27 January – XRP, Ethereum, Dogecoin Crypto Price Prediction Today 26 January – XRP, PEPE, Shiba Inu Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
February 2, 2026
In my head, I have been having a lot of questions lately, and why Bitcoin is crashing is not one of them. BTC price just hit as low as $74,000 today, as XRP, Dogecoin, and Shiba Inu dropped to new lows.
This crash was easily predicted amid ongoing geopolitical uncertainty. Bitcoin ETFs have now recorded six consecutive days of outflows for the first time, and many analysts believe the worst is yet to come.
That said, in the short term, the market could see a relief bounce, and altcoins like XRP, Dogecoin, and SHIB are sitting at some interesting dip levels. Below is how they might behave next as we head into February.
XRP Price Prediction: Short-Term Bounce, Then Capitulation ContinuesRipple has now wicked below its descending wedge, but RSI is deep in oversold territory in the low 30s.
That usually sets the stage for a short-term relief bounce rather than an immediate straight dump. If that bounce happens, the first target is likely the $1.80 area, which lines up with old support turned resistance and the underside of the broken channel.
Source: XRPUSD / TradingViewThe real issue here is structure, not momentum. Unless price can reclaim the descending channel and hold above it on a daily close, any move toward $1.80 should be treated as corrective, not the start of a reversal.
If price gets rejected there, the broader dumping move likely continues, with downside pushing XRP toward the $1.40 level where the next demand sits.
This scenario fits with ongoing risk-off conditions, Bitcoin weakness, and thin liquidity across altcoins. These bounces are getting sold, not extended. Until sentiment improves or Bitcoin stabilizes, XRP rallies are likely to stay hopeful moves inside a larger bearish trend.
Dogecoin Price Prediction: Any DOGE Buyers Left Right Now?When Bitcoin itself is considered “risky” for investors in these conditions then of course memecoins is the ones that suffer the most.
Dogecoin is still stuck in a clear descending channel, with price continuing to print lower highs and lower lows after getting rejected at channel resistance again and again. Structurally, nothing has really changed.
The recent flush pushed RSI down to around 30, which puts DOGE in oversold territory and opens the door for a short-term bounce, similar to what we are seeing across other beaten-down alts like XRP.
Source: DOGEUSD / TradingViewIf that bounce plays out, it likely targets the $0.12 to $0.13 zone, which lines up with old support turned resistance and the upper edge of the channel. The key thing to watch is whether DOGE can actually break and hold above $0.13 on a daily close. If it cannot, any upside should be treated as corrective, not a trend reversal.
If price gets rejected again, downside risk remains toward the $0.09 area, where the next real support sits.
Memecoins are still underperforming in this risk-off environment, with capital rotating out aggressively. The total memecoin market cap has already dropped from around $50B to $33B since the start of 2026, which tells you speculative assets are getting hit the hardest.
Shiba Inu Price Prediction: No Signs Of Life YetShiba falls into the same narrative as Doge, as both are dog-themed memecoins, and it has historically followed DOGE’s price patterns.
Just like DOGE, SHIB is still trading inside a long-running descending channel that has been pushing price lower for months. Every rally keeps getting sold at the upper trendline, and each bounce has been making a lower high. Price is now sitting right on the lower edge of that channel again, which is why selling pressure is starting to slow.
Source: SHIBUSD / TradingViewSHIB’s short-term bounce is possible from here. That said, this would almost certainly be a relief move, not a real reversal. Any bounce is likely to run straight into resistance around the $0.0000088 to $0.0000090 zone, which lines up with old support turned resistance and the middle of the channel.
As long as SHIB stays below that area and remains inside the descending structure, the broader trend is still bearish. If current support fails, the risk shifts toward a continuation move down to around $0.0000060. Especially in a market that is still punishing high risk, speculative assets.
Bitcoin Hyper: One Of The Most Hyped Projects Amid The Bear MarketBitcoin flushes toward $74,000. High-risk assets like XRP, Dogecoin, and SHIB struggle to find real support. The market is being reminded that volatility exposes more than just weak hands. It exposes weak infrastructure.
Bitcoin Hyper is built around that reality. It is a Bitcoin-focused Layer 2 aiming to bring Solana-level speed and low-cost transactions to the Bitcoin ecosystem. All this without sacrificing Bitcoin’s security.
Instead of chasing short-term altcoin rotations. It focuses on extending Bitcoin itself with fast payments, smart contracts, and even meme coin creation, all anchored to BTC.
Despite the broader risk-off environment, interest in the project has continued to grow. The presale has raised over $31,1980,000 so far, with $HYPER priced at $0.013635 ahead of the next increase. Staking rewards of up to 38% are also being offered. This adds a yield component that Bitcoin still lacks during periods of stress.
Bitcoin Hyper has completed audits by Consult. It is building out a full ecosystem that includes wallets, bridges, staking, explorers, and on-chain tooling.
The underlying bet is simple. If this phase is late-stage capitulation, infrastructure that improves Bitcoin’s usability could matter much more.
In a market where relief bounces are getting sold, and speculative assets keep bleeding. Bitcoin Hyper is positioning itself around fixing Bitcoin’s limitations rather than betting on another quick rotation.
Visit the Official Bitcoin Hyper Website Here
2026-02-03 00:401mo ago
2026-02-02 18:001mo ago
XRP Price Found Support at $1.50 — But the Wrong Buyers Are in Control
XRP Price Found Support at $1.50 — But the Wrong Buyers Are in ControlShort-term holders now control 5.27% supply, raising early-sell and breakdown risk.Exchange outflows dropped nearly 70%, showing weak dip-buying support.Failure to reclaim $1.69 risks breakdown toward $1.25 and possibly $0.93.XRP price is trying to stabilize after a sharp market-wide sell-off. The token briefly dropped near $1.50 before rebounding toward $1.61, following the broader breakdown between January 31 and February 1. On the surface, this looks like a technical bounce and probably the start of something bigger.
But on-chain and flow data suggest this recovery is weak. The buyers supporting XRP right now are mostly short-term traders. Broader demand remains weak. Three indicators explain why this rebound could still fail.
Short-Term Holders Are Leading the Bounce — And That’s a RiskThe XRP price is still trading within a long-term falling channel that has been active since early July.
Sponsored
Sponsored
The recent bounce happened near the lower boundary of this channel, around $1.50. That level attracted buyers, who supported the price. But who bought matters more than where the price bounced.
XRP Still Leans Bearish: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
This is where HODL Waves become important. HODL Waves track how long investors have held their coins. They show which holding groups are increasing or reducing exposure.
Recent data show that the 1-week-to-1-month cohort, short-term traders, drove most of the buying. Their share of XRP supply jumped from about 1.99% to 5.27% between January 31 and February 1. A massive surge considering the two-day window.
That is a sharp rise in speculative ownership.
History shows why this is risky. When XRP peaked near $2.35 on January 5, this same group held around 4.83% of the supply. As the price stalled, they quickly reduced holdings to near 2.15%. That selling wave helped push the XRP price down toward $1.65 in the following weeks.
In simple terms, these traders tend to buy dips and sell early. They do not hold through uncertainty.
Now, they are once again leading the rebound. That means current support is built on fast-moving capital, not long-term conviction. If the XRP price struggles near resistance, this group could exit again and trigger fresh downside.
Exchange Outflows Are Falling as Broader Buying WeakensThe second warning comes from exchange flow data.
Exchange outflows track how many coins leave trading platforms. When coins move off exchanges, it usually signals buying or long-term holding. Inflows suggest selling pressure. Strong recoveries are often supported by rising outflows during pullbacks. That shows new demand is stepping in.
XRP is showing the opposite pattern.
On January 31, exchange outflows stood at 31.38 million XRP. By early February, they had dropped to around 9.81 million. That is a decline of nearly 70%. This happened while XRP fell about 14% from its late-January highs.
Sponsored
Sponsored
Exchange Outflows Decrease: SantimentInstead of accelerating during the dip, buying pressure weakened.
This matters because it shows that only a narrow group of traders is supporting the price, the speculative cohort highlighted earlier. Broader market participants are not increasing exposure. So if short-term holders start selling, there is limited fresh demand to absorb that supply.
That creates a fragile structure. Price may hold temporarily, but it lacks depth. Without stronger outflows, rebounds tend to fade.
Weak Conviction Buyers and Key Price Levels Keep XRP VulnerableThe final risk comes from the absence of long-term and “conviction” investors.
HODL Waves show that longer-term groups, especially the 2-year to 3-year cohort, have not returned. This group once held over 14% of the supply in late 2025. It has now fallen to near 5.7% and remains flat. No buying even when the price dipped aggressively.
Sponsored
Sponsored
These holders usually accumulate during major bottoms. Their absence suggests that the market does not yet consider current levels attractive for long-term entry. This lack of conviction aligns with the price structure.
High Conviction XRP Buyers Stay Out: GlassnodeSeveral levels now define XRP’s outlook.
On the upside, $1.69 is the first key barrier. Reclaiming it would signal improving confidence. Above that, $1.96 is critical. A sustained move over this level would challenge the falling channel and could shift the trend toward neutral.
On the downside, $1.47-$1.50 remains the vital support zone. If these levels fail, downside opens toward $1.25. That would confirm a channel breakdown and imply a roughly 27% further decline to as low as $0.93. As long as XRP trades between $1.47 and $1.69, uncertainty dominates.
XRP Price Analysis: TradingViewThe recent bounce shows selling pressure has slowed. But weak exchange flows, fragmented holder behavior, and absent conviction buyers limit upside potential.
Right now, the traders holding the XRP price up are the same group that has sold early in the past. Unless broader demand and long-term participation return, this support could become the reason the next sell-off accelerates.
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.
2026-02-03 00:401mo ago
2026-02-02 18:001mo ago
Solana Price Forecast Turns Bearish After $100 Breakdown, Can Next Support Stop the Slide?
The Solana price has entered the new month under pressure after losing a level that had acted as a psychological anchor for much of the past year. The token’s drop below $100 shifted market attention from recovery narratives to damage control.
Traders are now closely watching whether upcoming support levels can halt a decline that has accelerated amid overall weakness in the crypto market. Although network activity and institutional interest continue to draw attention, short-term price movements have clearly shifted into a bearish trend.
SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana Price Breaks $100 as Selling Pressure Builds Before bouncing back to the current $102 level, the Solana price dipped to around $98, marking its lowest point in nearly ten months and extending losses to nearly 20% over the past week and approximately 25% over the last month.
Trading activity has thinned as prices fell, with spot volume and derivatives participation both declining. Data from CoinGlass shows falling open interest, suggesting long positions are being unwound rather than a surge in aggressive short selling.
The move has not occurred in isolation. A wave of market-wide liquidations over the weekend, combined with thin liquidity, amplified downside moves across major cryptocurrencies.
Macroeconomic concerns have also weighed on sentiment after renewed expectations of tighter U.S. monetary policy following President Trump’s nomination of Kevin Warsh as the next Federal Reserve chair, a choice viewed as hawkish by markets.
Technical Outlook Points to Lower Support Levels From a technical perspective, Solana’s structure has weakened. The break below $100 confirmed a pattern of lower highs and lower lows, with the Solana price hovering well beneath its declining short-term moving averages.
Bollinger Bands are widening, and Solana price action remains near the lower band, suggesting downward momentum remains dominant rather than stabilizing.
Momentum indicators underline the pressure. The daily relative strength index is hovering near 25, placing SOL deep in oversold territory. While this increases the probability of short-term bounces, it does not, on its own, signal a trend reversal.
On the downside, traders are watching the $95 area closely, followed by a broader $92–90 zone. Below that, $85 and $80 stand out as larger historical support levels. Some on-chain and pattern analyses suggest that if selling accelerates, thinner support could expose deeper zones later in the year.
Fundamentals Remain Active Despite Weak Price Action Despite the bearish price forecast, Solana’s underlying network metrics remain comparatively strong. January transaction counts rose sharply, and recent data shows continued growth in on-chain activity and stablecoin usage.
Institutional interest has been mixed but not absent, with earlier January inflows offset by more recent Solana ETF outflows.
Currently, the technical picture dominates. Solana would need to reclaim $110 and hold above key moving averages to ease bearish pressure. Until that happens, rallies are likely to be viewed as corrective moves within a broader downtrend, leaving the next support levels as the market’s immediate test.
Cover image from ChatGPT, SOLUSD chart from Tradingview
2026-02-03 00:401mo ago
2026-02-02 18:001mo ago
Ethereum: Does creator vision matter more than ETH's chart? Vitalik Buterin says
Ethereum: Does creator vision matter more than ETH’s chart? Vitalik Buterin says…
Journalist
Posted: February 3, 2026
Samyukhtha L KM is a Financial Journalist and Market Analyst at AMBCrypto whose work is defined by one central question: Is the latest trend in blockchain hype, or history in the making? Her expertise is built on a strong academic foundation, with a Master’s in Journalism and Mass Communication from Amity University and a Bachelor’s in Commerce from the University of Madras. This dual qualification equips her with a unique skill set: the financial acumen to dissect market mechanics and the journalistic rigor to investigate and communicate complex subjects with clarity. Samyukhtha specializes in analyzing the socio-economic impact of blockchain adoption and assessing the viability of new market narratives. This includes a focus on high-velocity, community-driven assets such as memecoins, where she evaluates sentiment and fundamentals. She is dedicated to providing readers with insightful, well-researched commentary that looks beyond immediate market moves to understand the long-term implications of decentralized technology.
2026-02-03 00:401mo ago
2026-02-02 18:051mo ago
Bitcoin analysts debate market outlook amid price decline
Bitcoin’s recent price decline has prompted renewed discussion among market analysts about the potential for an extended downturn in cryptocurrency markets, according to statements from industry observers.
Summary
Bloomberg’s Mike McGlone predicts further declines for Bitcoin, comparing current conditions to the 2008 financial crisis. The cryptocurrency’s fundamentals remain strong, according to Dave Weisberger. James Lavish links Bitcoin’s performance to broader trends, and uncertainty about the U.S. economy. Bloomberg senior commodity strategist Mike McGlone has issued a bearish forecast for Bitcoin and other risk assets, comparing current market conditions to the 2008 financial crisis. McGlone stated that assets including Bitcoin, silver, and copper appear overvalued and that markets are entering a “clean-up” phase, according to his recent commentary.
The analyst predicted Bitcoin could experience substantial further declines and forecast significant retreats for silver prices. McGlone indicated that risky assets will remain under pressure as long as stock market volatility stays low, and characterized the current period as “the year to stay in Treasury bonds.”
CoinRoutes CEO Dave Weisberger offered a contrasting view, describing Bitcoin’s recent decline as a “time-based capitulation” while expressing confidence in the digital asset’s underlying fundamentals. Weisberger noted that Bitcoin’s continuous, transparent market structure operates more efficiently than physical commodity markets such as silver, which he characterized as exhibiting “altcoin-like movement.”
Weisberger stated that significant regulatory changes at the Federal Reserve could prove transformative for Bitcoin, suggesting that acceptance of the cryptocurrency as “clean collateral” would position it as central to the financial system over the long term.
Macroeconomic analyst James Lavish addressed the issue through what he termed the “prices of tomorrow” thesis, arguing that artificial intelligence-driven productivity gains create deflationary pressure while debt-laden economies require inflation for growth. Lavish stated that markets are pricing in uncertainty about the United States’ ability to refinance maturing debt at low interest rates.
Lavish characterized Bitcoin as the “tip of the risk spear” and suggested the cryptocurrency’s performance signals an approaching liquidity shortage in global markets.
The divergent views reflect ongoing debate within the cryptocurrency industry about whether recent price declines represent a temporary correction or the beginning of an extended bear market similar to previous “crypto winters.”
2026-02-03 00:401mo ago
2026-02-02 18:071mo ago
Why Nobody's Talking About the Bitwise Crypto Industry Innovators ETF (But They Should Be)
Investing in the crypto economy, rather than individual cryptocurrencies, could make sense in 2026.
When it comes to crypto exchange-traded funds (ETFs), investors now have plenty of options. The most popular ETFs are those that focus on a single cryptocurrency, such as Bitcoin (BTC +1.35%) and Ethereum (ETH +1.52%).
However, a growing number of high-upside crypto ETFs offer much broader diversification. For example, consider the Bitwise Crypto Industry Innovators ETF (BITQ 2.69%), which launched back in 2021. It offers exposure to companies leading the new crypto economy, but it does not invest directly in cryptocurrencies themselves.
Can any asset outperform Bitcoin? There's a good reason the Bitwise Crypto Industry Innovators ETF does not get the attention it deserves. Simply put, it's almost impossible to out-Bitcoin Bitcoin over an extended period.
Put another way, the returns for Bitcoin over the past five years have been so high that no single company -- with the possible exception of Bitcoin treasury company Strategy (MSTR 6.65%) -- can even come close.
It's impossible not to be impressed by the following chart. Over the past five years, Bitcoin is up 154%. In contrast, the Bitwise ETF has barely managed to tread water.
Bitcoin / U.S. dollar chart by TradingView
Since it's almost impossible to out-Bitcoin Bitcoin over a long enough period, investors have sought out innovative ways to get exposure to it.
Until recently, that meant seeking out Bitcoin proxy stocks such as Strategy. But after the launch of the new spot Bitcoin ETFs in January 2024, it could also mean plowing money into exchange-traded funds. Today, over $100 billion has flowed into these Bitcoin ETFs, while only $450 million has flowed into the Bitwise Crypto Industry Innovators ETF.
Should you invest in crypto or in the crypto economy? However, high upside potential is just part of the investment equation. Diversification is another key part. And that's where the Bitwise Crypto Industry Innovators ETFs really shines.
It currently holds positions in 29 different companies, with no company accounting for more than 9% of the total portfolio. Top holdings include Strategy, Coinbase Global (COIN 3.58%), Circle Internet Group (CRCL 7.93%), and a handful of Bitcoin mining companies.
Image source: Getty Images.
Arguably, these companies give investors broader, more diversified exposure to the crypto economy than investing in Bitcoin itself. Strategy, for example, is the top Bitcoin treasury company in the world. Coinbase Global is the largest U.S.-based cryptocurrency exchange. Circle Internet Group is the second-largest stablecoin issuer in the world. And Bitcoin mining companies are increasingly moving some of their computing capacity to handle tasks like high-performance computing (HPC) and artificial intelligence (AI).
Crypto ETFs can outperform Bitcoin over the short term While Bitcoin has soundly defeated the Bitwise ETF over a five-year period, the Bitwise ETF is actually up 12% year to date and 27% over the past 12 months. Both are better than Bitcoin, which has crumbled in value by 30% after hitting a new all-time high in October.
NYSEMKT: BITQBitwise Funds Trust - Bitwise Crypto Industry Innovators ETF
Today's Change
(
-2.69
%) $
-0.57
Current Price
$
20.61
So perhaps investors shouldn't be so quick to overlook a crypto ETF that offers plenty of upside potential and much greater diversification than investing in a single cryptocurrency. If you are looking to diversify your crypto portfolio, the Bitwise Crypto Industry Innovators ETF could be worth a closer look.
2026-02-03 00:401mo ago
2026-02-02 18:101mo ago
Will GameStop Dump Its Bitcoin? CEO Says ‘Way More Compelling' Move Ahead
In brief GameStop transferred its entire 4,710 Bitcoin holding to Coinbase Prime, prompting questions about a potential sale. CEO Ryan Cohen said a major acquisition strategy is “way more compelling than Bitcoin.” The company has returned to profitability while building a roughly $500 million Bitcoin position. GameStop’s love affair with Bitcoin may be coming to an end.
On Friday, CEO Ryan Cohen said the company is pivoting the meme-stock pioneer toward a “transformative” acquisition, suggesting the company’s roughly $500 million Bitcoin treasury may no longer be a permanent fixture on the balance sheet.
In a CNBC interview, Cohen declined to say whether GameStop plans to cash out its Bitcoin. Still, when asked how the company would fund future deals, Cohen described GameStop’s acquisition ambitions as “way more compelling than Bitcoin.”
“It’s transformational. Not just for GameStop, but ultimately, within the capital markets,” Cohen told CNBC. “This is something that really has never been done before within the history of the capital markets.”
“If it works, it’s genius. If it doesn’t work, it will be totally foolish,” he added.
Following the announcement, GameStop shares were up about 8.25% on the day, trading around $25.85 after rising $1.97 from $23.88.
The shift in GameStop’s sentiment on Bitcoin follows on-chain data from CryptoQuant indicating that the games retailer had recently transferred its entire 4,710 BTC holdings to Coinbase Prime in January.
While such moves do not necessarily mean a sale, GameStop’s move led to speculation on X that the company is looking to liquidate its position as the value of its treasury currently hovers around $362.4 million. For now, GameStop’s Bitcoin holdings have not been sold.
In March, GameStop updated its investment policy to allow Bitcoin as a treasury reserve asset, joining a growing number of publicly traded companies that have treated the digital currency as a balance-sheet hedge.
According to Greg Magadini, director of derivatives at Amberdata, Bitcoin’s recent pullback has brought prices back near where many large institutional buyers entered the market in 2025.
“This means that there's an incentive for large corporations to protect themselves before others capitulate,” Magadini told Decrypt. “If GME finds a better use of capital, reallocating balance sheet away from Bitcoin into an alternative use (such as an acquisition) could make sense.”
According to Magadini, the bearish case for Bitcoin centers on the risk that the wave of corporate and institutional buying seen in late 2024 and 2025 could reverse, with former buyers turning into net sellers, flipping inflows into outflows, and potentially triggering a downward price spiral as falling prices force additional selling.
“Although this bearish scenario could happen, the market is likely aware of some of these dynamics, and this risk may already be priced into Bitcoin,” he said, adding that GME selling its Bitcoin doesn’t necessarily mean other large holders will as well.
“Companies like MSTR have financed their Bitcoin purchases with longer-term debt that isn't subject to margin liquidation like many exchange traders are accustomed to,” he said. “This means lower prices don't necessarily turn MSTR into a seller, even if GME selling Bitcoin brings prices down momentarily.”
GameStop did not immediately respond to Decrypt's request for comment.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-02-03 00:401mo ago
2026-02-02 18:161mo ago
XRP open interest drops to lowest level since 2024 as leverage unwinds
XRP’s derivatives market has experienced a structural shift as leveraged positions continue to decline across major cryptocurrency exchanges, according to market data.
Summary
XRP’s derivatives market has seen a sharp decline in open interest, falling to $902 million, its lowest level since 2024, as leveraged positions unwind across major exchanges like Binance. The reduction in leverage, which previously amplified price movements, signals a “clean-up” phase in the market, typically resulting in reduced price volatility and potential consolidation or price base formation. Analysts suggest two potential outcomes: a balanced market structure if open interest stays low and prices stabilize, or the beginning of a new trend if open interest rebounds alongside price momentum. Open interest across all exchanges has fallen to approximately 902 million, its lowest level since 2024, according to a new report citing CryptoQuant. The figure represents a substantial reduction from 2025 highs, when open interest consistently exceeded 2.5 billion to 3 billion.
On Binance, open interest in XRP contracts has declined to around 458 million. The simultaneous decline across multiple platforms indicates leverage is being removed from the system broadly rather than shifting between exchanges, according to market observers.
The contraction occurs while XRP’s price has remained relatively stable compared with earlier peaks, positioning data shows. The reduction in leveraged exposure marks a contrast with 2025 conditions, when leverage expansion played a larger role in price movements.
Market analysts note that such contractions typically reflect a leverage cleanup phase, where speculative positioning is reduced. These conditions often coincide with reduced price volatility, as fewer leveraged positions remain to amplify short-term price movements.
Historically, environments characterized by falling open interest have preceded either extended consolidation phases or the formation of new price bases, rather than immediate directional price expansion, according to market data.
Two potential scenarios exist for the market’s next phase. If open interest remains suppressed while price stabilizes, the market may be absorbing the leverage reset and transitioning into a more balanced structure. Alternatively, any future rebound in open interest, particularly if accompanied by improving price momentum, could signal that a new trend is beginning to form.
The current environment represents a structural reset in the XRP derivatives market, with future direction dependent on whether leverage returns alongside renewed price momentum, analysts said.
2026-02-03 00:401mo ago
2026-02-02 18:301mo ago
Bitcoin Weakness Points Lower as Galaxy's Head of Research Flags Risk of Deeper Pullback
Bitcoin's latest stumble has caught the attention of several crypto desks, with Galaxy Digital's Alex Thorn warning that mounting technical and onchain signals suggest prices may still have room to fall. Thorn Sees More Bitcoin Pain Before a Bottom As of Monday, Feb. 2, 2026, bitcoin was trading at $78,640 per coin, roughly 37.
2026-02-03 00:401mo ago
2026-02-02 18:301mo ago
Did Satoshi Nakamoto Sell 10,000 Bitcoin For $800 Million? Here's The Truth
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
A viral post on the social media platform X recently claimed that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, just sold 10,000 BTC. An attached screenshot purported to show on-chain data supporting the claim, and the rumor quickly garnered attention on the social media platform.
The ramifications of such a sale are huge because Nakamoto’s stash is untouched going back to the earliest days of Bitcoin mining. However, a closer look into blockchain records tells a very different story.
Investigating The Rumor Of Satoshi Nakamoto’s Bitcoin Sale According to a post on X by a crypto account with the username Discover, Satoshi Nakamoto recently moved 10,000 BTC from its long-dormant wallet. The report suggests that over $760 million worth of Bitcoin had been sold by its creator, a move that could cause further harm to its price action, which is already fragile and trading with prevailing bearish momentum.
The image shared with the rumor appears to be taken from Arkham Intelligence, a popular on-chain analytics platform. The screenshot, which is shown below, highlights the outflow of 10,000 BTC into account ‘bc1qcj,’ with the last transfer being 12 years ago.
However, the records in this screenshot do not align with the real ledger of Bitcoin transactions. Closer inspection of on-chain transactions on Arkham Intelligence shows there is no evidence of a single transfer of 10,000 BTC attributed to at least one known address linked to Nakamoto.
Source: Chart from Arkham The real data shows no outflow from Nakamoto’s wallets for over 12 years. Instead, small fractions of Bitcoin, almost negligible in the context of Satoshi’s holdings, have been flowing in. These tiny movements are likely dust or micro-transactions occurring as part of normal blockchain activity, with the last being an inflow of 0.0000329 six days ago.
Why The Rumor? The identity and actions of Satoshi Nakamoto have always been a source of speculation among crypto investors. Nakamoto is the largest holder of Bitcoin, believed to have mined somewhere around 1 million Bitcoin in the early years of the network, but he has been quiet since April 2011.
Therefore, any suggestion that those coins have suddenly started moving is enough to grab headlines and cause reactions. That context likely contributed to why this post attracted enough views quickly, even though the data was inaccurate. Data from Arkham Intelligence shows Nakamoto’s BTC wallets currently hold 1.096 million BTC, which are worth $84.3 billion.
Notably, Bitcoin’s price itself has been trending through significant volatility. Over the past few days, Bitcoin has dipped to levels near this cycle’s lows, trading around the mid-$70,000 range, close to the lowest levels since April 2025. At the time of writing, Bitcoin is trading at $76,872, having recently reached an intraday low of $74,591, according to data from CoinGecko.
BTC trading at $77,722 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pngtree, chart from Tradingview.com
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.
2026-02-03 00:401mo ago
2026-02-02 18:371mo ago
Pepe Coin Price Prediction: Price Looks Dead, But Smart Holders Are Taking Control Behind the Scenes
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Simon Chandler
Author
Simon Chandler
Part of the Team Since
Jan 2018
About Author
Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...
Has Also Written
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
February 2, 2026
The Pepe Coin price has dropped by 2% in the past 24 hours, with its fall to $0.000004118 coming after a weekend when the crypto market’s total cap fell to $2.66 trillion.
This amounts to an 11% drop in a matter of days, while PEPE’s current price means that it has declined by 14% in a week and by 31% in a month, while the meme token – currently the 57th-biggest coin in the market – has also suffered a 66% fall in the past year.
These are hugely disappointing drops, but indicators are increasingly suggesting that PEPE is close to bottoming out, and that it could rebound strongly soon.
This is evident with its MVRV long-short difference indicator, which is about to turn positive after several months in negative territory, as long-term holders begin to dominate its market once again.
Pepe’s MVRV long/short difference chart up until the start of January. Source: SantimentA level above 0 indicates that long-term holders predominate in terms of profits, while it also implies a shakeout from which the PEPE price could regain strongly once again.
When combined with the meme token’s enduring popularity and its other oversold indicators, the PEPE price prediction is starting to look very strong again.
Pepe Coin Price Prediction: Price Looks Dead, But Smart Holders Are Taking Control Behind the ScenesAs we can see from the PEPE price chart below, the coin has hit what looks like a real bottom, with its indicators having fallen more or less as low as they can go.
Its relative strength index (yellow) has dropped to 30 in the past few hours, and PEPE has begun to show signs of bouncing back up already, having gained by 1% in the past hour.
Source: TradingViewIts MACD (red, green) is also at a low point, while we can see from its actual price action that it’s testing its long-term support of $0.0000040.
There’s a very good chance that it could rebound from this level and make some quick gains, although further falls below this key area could predict a severe decline.
However, as the aforementioned MVRV long-short difference indicator suggests, the balance is shifting back to long-term holders and accumulators, so eventually the only direction will be up.
We could therefore see the PEPE price return to $0.00000450 within the next week, while its target for the end of Q1 is $0.0000070.
Longer term, we could see it reach $0.000010 by H2 and then end the year at $0.000020.
SUBBD Preps Game-Changing Platform Launch As It Raises Over $1.4 Million in PresaleIf some traders want to steer clear of PEPE at this moment in time, there are other alternatives to consider for the purposes of diversification, including several promising presale tokens.
One of these is SUBBD ($SUBBD), an Ethereum-based token that has now raised over $1.47 million in its ongoing sale.
What distinguishes SUBBD from the crowd is that it’s an AI-powered content creation platform for adult creators, one which offers a variety of AI tools to aid the creation process.
Its tools can help with the generation of ideas, images and videos, while they can also create AI agents from the ground up, making users more productive than ever before.
It already has over 38,000 followers on X, testifying to its future potential.
Investors can join its sale by going to the SUBBD website, where it currently costs $0.0574875.
TL;DR: BNB is experiencing a critical moment after retreating to test its support levels. This Monday, the asset returned to its July 2025 lows, positioning itself near $730, while selling pressure is clearly visible on high-timeframe charts.
2026-02-03 00:401mo ago
2026-02-02 19:001mo ago
Solana Rebounds After Sell-Off as Big Money Returns — Why $120 Matters Next
Solana Rebounds After Sell-Off as Big Money Returns — Why $120 Matters NextCMF divergence near $96 shows large buyers defended support despite 15% weekly decline.Falling liveliness signals long-term holders stayed calm, but short-term supply rose to 5.26%.SOL needs a daily close above $120 to target $128 and $148 zones.Solana is showing early signs of stabilization after a sharp market crash. Over the past seven days, SOL is down about 15.5%. The decline intensified during the broader market sell-off between January 31 and February 1.
At its lowest point, Solana dropped to $95.87 before finding support. Since then, the Solana price has rebounded nearly 8% and is now trading around $103.15.
That rebound has erased most of the recent daily losses. More importantly, it has been supported by improving capital flows and steady long-term holder behavior. These signals suggest that strong buyers are stepping in. But risks remain. Whether this recovery turns into a sustained rally now depends on one key level: $120.
Sponsored
Sponsored
Breakdown Target Hit as Big Money Steps In Near SupportSolana’s recent decline followed a clear technical pattern. On the daily chart, the SOL price completed a head-and-shoulders breakdown in late January. The downside target from this structure pointed toward the $95–$96 zone.
That target was reached almost perfectly at $95.87.
After hitting this level, selling pressure slowed, and buyers began stepping in. This shift is visible in the Chaikin Money Flow (CMF). CMF measures whether capital is flowing into or out of an asset using price and volume. When CMF rises, it suggests that large investors are accumulating.
Between January 27 and February 3, SOL’s price trended lower, but CMF moved higher. This is known as a bullish divergence. It means that even as the price weakened, money continued entering the market.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Solana Price Breakdown: TradingViewThis behavior is uncommon during sharp corrections. Normally, CMF falls alongside price. In this case, rising CMF suggests that whales or possibly institutions viewed the $95-$96 zone as attractive.
CMF is now moving back toward the zero line. If it crosses above zero, it would confirm that buying pressure is outweighing selling. That would strengthen the rebound case. So far, this data shows that Solana’s support near $96 was not accidental. It was defended by large capital.
Sponsored
Sponsored
Long-Term Holders Stay Patient, but Short-Term Risk Is RisingStrong rebounds usually require support from long-term investors. In Solana’s case, that support is visible in liveliness data.
Liveliness measures how often long-held coins are being spent. When liveliness rises, long-term holders are selling. When it falls, they are holding.
Over the past month, Solana’s liveliness has been trending lower.
Even during the sharp drop from $127 to below $100, liveliness did not spike meaningfully. Aside from a brief rise around January 29–30, it continued falling. This suggests that long-term holders did not panic sell. Instead, they stayed patient.
Liveliness Drops: GlassnodeThis behavior supports the idea that the recent decline is seen as temporary rather than structural. However, not all holder groups are aligned.
Sponsored
Sponsored
HODL Waves show how long different investors have held their coins. They help identify which groups are buying or selling. Recent data shows that the 1-day to 1-week cohort increased holdings from about 4.38% to 5.26% between December 31 and February 1.
This group represents short-term, speculative traders.
They tend to buy dips and sell quickly into rebounds. Their growing presence increases volatility. It also raises the risk that rallies may fade as soon as prices move higher.
SOL HODL Waves: GlassnodeSo while long-term holders are showing conviction, short-term traders are becoming more active. This creates a mixed structure. It supports short-term rebounds, but limits how far they can run unless CMF, or rather institutional demand, surges or moves above the zero line.
Key Solana Price Levels and Why $120 Is the Real TestWith momentum improving but risks still present, the Solana price levels now matter more than indicators.
Sponsored
Sponsored
The first critical support remains the $95.87–$96.88 zone. This area marks the completed breakdown target. As long as SOL holds above it, the rebound structure stays intact. If this zone fails, downside risk opens toward $77. That would invalidate most bullish setups.
On the upside, the first near-term hurdle sits around $103.60. Solana is currently testing this area. A sustained daily close above it would signal short-term strength.
But the most important level is $120.88. This level is significant for three reasons.
First, it marks a major breakdown point from January 29. Second, it aligns closely with the 20-day exponential moving average (EMA). The EMA tracks recent price trends and acts as dynamic resistance in downtrends.
Solana Price Analysis: TradingViewThird, Solana’s last successful reclaim of this zone in early January led to a 17% rally. Reclaiming $120.88 on a daily close would signal that momentum is shifting back to buyers. It would also indicate that the correction phase is ending.
Above $120.88, the next Solana price resistance lies near $128.29. A break there could open the door toward $148.63 as part of a relief rally.
However, this upside scenario depends on continued capital inflows and stable long-term holding behavior. If short-term traders dominate volume, rallies may stall before reaching these targets.
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.
2026-02-03 00:401mo ago
2026-02-02 19:121mo ago
GameStop Eyes Transformational Acquisition as Bitcoin Strategy Faces Uncertain Future
GameStop (GME) is once again capturing market attention as the company explores a high-stakes acquisition that could fundamentally reshape its business and potentially mark the end of its brief but notable bitcoin experiment. In a recent CNBC interview, GameStop CEO Ryan Cohen revealed that the company is targeting a “very, very, very big” publicly traded consumer company, describing the potential deal as “transformational” not only for GameStop, but for the broader capital markets as well.
Cohen suggested that the acquisition could propel GameStop’s valuation into the hundreds of billions, a bold claim that immediately energized investors. Following the interview, GME shares jumped more than 8% on Monday, pushing the stock’s year-to-date gains to roughly 25%. This rally helped recover a significant portion of the losses GameStop suffered after disclosing in late May that it had purchased 4,710 bitcoin, a stash that was then valued at approximately $428 million.
The acquisition target remains undisclosed, but Cohen outlined clear criteria. He is seeking a consumer-sector company with a depressed stock price, solid underlying fundamentals, and what he described as a “sleepy management team.” According to Cohen, GameStop believes it can unlock value by applying its capital resources, tighter governance, and operational discipline to dramatically improve efficiency and performance at the acquired firm.
For crypto investors, the story carries an additional layer of intrigue. Blockchain data revealed last week that GameStop transferred its entire bitcoin holdings—now worth around $368 million—to Coinbase Prime. The move immediately sparked speculation that the company may be preparing to sell its bitcoin to help finance the acquisition.
When pressed on whether GameStop plans to liquidate its bitcoin reserves, Cohen declined to provide a definitive answer. However, he made it clear that the new acquisition strategy is “way more compelling than bitcoin,” signaling a possible shift away from digital assets.
If GameStop ultimately exits bitcoin to fund a massive consumer acquisition, it would mark a significant pivot in strategy—one that underscores Cohen’s ambition to reinvent the company and redefine its role in the public markets.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-02-03 00:401mo ago
2026-02-02 19:261mo ago
Opera Shares Jump as MiniPay Expands USDT and Tether Gold Support
Opera (OPRA) shares surged more than 15% after the opening bell following the company’s announcement that it is expanding support for Tether’s USDT stablecoin and Tether Gold (XAUT) in its self-custodial crypto wallet, MiniPay. The news sparked renewed investor interest after OPRA stock had slid to a recent low of $12.40 earlier in the week, before rebounding sharply to around $14.65.
The expansion gives millions of Opera users, particularly in emerging markets, easier access to both dollar-backed and gold-backed cryptocurrencies. According to the company, MiniPay now enables users to hold and transact USDT and XAUT without dealing directly with complex blockchain processes, making crypto payments and savings more accessible to everyday users.
Opera reports that MiniPay has reached 12.6 million activated wallets, with more than 3.64 million onchain users. In December alone, the wallet processed over $153 million in stablecoin transactions, highlighting the growing demand for digital dollars and alternative stores of value in regions facing currency volatility or limited banking access.
While MiniPay is not a financial service provider itself, it acts as a bridge between traditional finance and crypto by connecting users to on- and off-ramp partners such as Binance, Partna, and Fonbank. This approach allows users to move between fiat and cryptocurrencies seamlessly, supporting Opera’s broader goal of financial inclusion.
Last year, Opera introduced a “Pay like a local” feature that lets users make everyday payments using popular local systems, including Mercado Pago in Argentina and Pix in Brazil. The feature has since expanded to support instant SEPA payments across Europe and instant bank transfers in Nigeria, further strengthening MiniPay’s real-world utility.
The announcement also comes amid strong performance from Tether. Earlier this month, the company reported more than $10 billion in net profit for 2025, driven largely by the growth of its USDT stablecoin and significant U.S. Treasury holdings. Tether has also been aggressively increasing its gold exposure, reportedly buying up to $1 billion worth of gold per month, as it continues to diversify alongside bitcoin and other digital assets.
By integrating USDT and Tether Gold into MiniPay, Opera is positioning itself at the intersection of stablecoins, digital payments, and emerging market adoption, a move that appears to be resonating strongly with both users and investors.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-02-03 00:401mo ago
2026-02-02 19:301mo ago
Ripple Signals Massive European Expansion After Clearing EU Regulatory Barrier
Ripple has cleared a crucial regulatory hurdle in Europe, unlocking the ability to scale regulated blockchain payment services across the EU and deepen institutional adoption as digital finance rules tighten.
2026-02-03 00:401mo ago
2026-02-02 19:301mo ago
XRP Market Structure “Very Similar” To April 2022, Glassnode Says
As XRP slides below $1.60, on-chain analytics firm Glassnode has highlighted how the current structure is looking similar to that of April 2022.
XRP Is Fast Approaching Its Realized Price In a new post on X, Glassnode has talked about where XRP is currently trading with respect to its Realized Price. This on-chain indicator measures the cost basis or acquisition price of the average address on the blockchain. When the spot price of the cryptocurrency is trading above this metric, it means the investors as a whole can be assumed to be in a state of profit. On the other hand, it being below the indicator suggests the majority of the supply is underwater.
Now, here is the chart shared by Glassnode that shows the trend in the XRP Realized Price over the last several years:
The price of the coin seems to have declined toward the metric in recent days | Source: Glassnode on X As is visible in the above graph, the XRP spot price has been above the Realized Price since 2024, indicating that holders have been enjoying net unrealized gains. The degree of profitability, however, hasn’t been constant in this period. The asset’s price had the largest gap over the metric back in late 2024, owing to a fast bull rally. Then, over the first three quarters of 2025, profitability gradually dropped as tokens changed hands at higher levels, leading to an increase in the Realized Price.
The indicator hit a plateau in the last quarter of the year, but the bearish shift in the asset meant that it was now the price’s turn to approach the line, cutting back on average investor profits further. This trend has deepened recently. Following the sector-wide crash during the past week, XRP has come dangerously close to the Realized Price, which now sits at $1.48.
“The current market structure is very similar to that of April 2022,” noted the analytics firm. Back then, the asset was transitioning to a bear market and its price fell to the Realized Price. That retest failed, and what followed was a steep move down that eventually led to the cycle low.
Given the proximity that the current XRP price has to the indicator, it now remains to be seen whether a retest will occur in the near future and if it would lead to further bearish action like in 2022.
In the scenario that the cryptocurrency’s decline continues, technical support levels pointed out by analyst Ali Martinez may come into play.
Looks like the asset has broken below a parallel channel recently | Source: @alicharts on X As displayed in the chart, Martinez has drawn levels based on a parallel channel pattern. “For XRP, resistance sits at $1.86, while support is at $1.38 and $1.02,” noted the analyst.
XRP Price At the time of writing, XRP is trading around $1.60, down nearly 15% over the last week.
The cryptocurrency appears to have plunged over the last few days | Source: XRPUSDT on TradingView Featured image from Dall-E, chart from TradingView.com
2026-02-02 23:391mo ago
2026-02-02 18:081mo ago
Stock Market Today, Feb. 2: Palantir Technologies Rises on William Blair Upgrade and Subsequent Earnings Beat
The market digests an upgrade from William Blair on Palantir's stock as the company reports earnings after hours, today, Feb. 2, 2026.
Today's Change
(
1.03
%) $
1.51
Current Price
$
148.10
Palantir Technologies (PLTR +1.03%), which develops data integration and analytics platforms for government and commercial clients, closed Monday at $147.78, up 0.81%. Shares initially moved higher following a William Blair upgrade before earnings. After hours, Palantir reported Q4 earnings that surpassed expectations, lending credence to this positive outlook.
Trading volume reached 54.3 million shares, nearly 2% above its three-month average of 45.2 million. Palantir IPO'd in 2020 and has grown 1,456% since going public.
How the markets moved todayThe S&P 500 rose 0.54% to 6,976, while the Nasdaq Composite added 0.55% to finish at 23,592. Among software infrastructure peers, Snowflake closed at $190.68 (-1.05%), highlighting divergent sentiment.
What this means for investorsPrior to Palantir’s earnings after hours, William Blair upgraded the stock to “outperform,” placing a $200 price target on the AI stock. An analyst at the firm projects that Palantir will generate $7 billion in free cash flow by 2030 as its solutions continue to be rapidly adopted by government and commercial customers alike.
Hours after this pre-earnings analysis, Palantir beat Q4 earnings expectations and rocketed past Q1 2026 and full-year 2026 guidance, reinforcing the idea that Wall Street’s lofty hopes may not be that outlandish. Palantir grew sales by 69% in Q4 and expects 61% revenue growth in 2026. Total contract value in Q4 rose 138%. Valued at around 100 times next year’s free cash flow, Palantir is as expensive as ever, yet remains one of the most powerful stocks of the nascent AI era.
Josh Kohn-Lindquist has positions in Palantir Technologies and Snowflake. The Motley Fool has positions in and recommends Palantir Technologies and Snowflake. The Motley Fool has a disclosure policy.
Kforce (KFRC - Free Report) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.6 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -8.51%. A quarter ago, it was expected that this staffing company would post earnings of $0.57 per share when it actually produced earnings of $0.63, delivering a surprise of +10.53%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Kforce, which belongs to the Zacks Staffing Firms industry, posted revenues of $332.02 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.65%. This compares to year-ago revenues of $343.78 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Kforce shares have added about 14.3% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for Kforce?While Kforce has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Kforce was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.41 on $319.77 million in revenues for the coming quarter and $2.28 on $1.32 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Staffing Firms is currently in the bottom 14% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Insperity, Inc. (NSP - Free Report) , has yet to report results for the quarter ended December 2025.
This company is expected to post quarterly loss of $0.49 per share in its upcoming report, which represents a year-over-year change of -1080%. The consensus EPS estimate for the quarter has been revised 4.1% lower over the last 30 days to the current level.
Insperity, Inc.'s revenues are expected to be $1.68 billion, up 3.9% from the year-ago quarter.
2026-02-02 23:391mo ago
2026-02-02 18:111mo ago
Woodward (WWD) Q1 Earnings and Revenues Surpass Estimates
Woodward (WWD - Free Report) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +31.35%. A quarter ago, it was expected that this maker of cockpit controls and other equipment for the defense and aerospace markets would post earnings of $1.83 per share when it actually produced earnings of $2.09, delivering a surprise of +14.21%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Woodward, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $996.45 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 10.11%. This compares to year-ago revenues of $772.72 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Woodward shares have added about 5.1% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for Woodward?While Woodward has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Woodward was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.94 on $981.53 million in revenues for the coming quarter and $7.85 on $3.97 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 26% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
TransDigm Group (TDG - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025. The results are expected to be released on February 3.
This aircraft components maker is expected to post quarterly earnings of $8.02 per share in its upcoming report, which represents a year-over-year change of +2.4%. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level.
TransDigm Group's revenues are expected to be $2.25 billion, up 12.4% from the year-ago quarter.
2026-02-02 23:391mo ago
2026-02-02 18:111mo ago
Capital Southwest (CSWC) Q3 Earnings Match Estimates
Capital Southwest (CSWC - Free Report) came out with quarterly earnings of $0.64 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this business development company would post earnings of $0.58 per share when it actually produced earnings of $0.57, delivering a surprise of -1.72%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Capital Southwest, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $61.45 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 6.83%. This compares to year-ago revenues of $51.97 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Capital Southwest shares have added about 5.8% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for Capital Southwest?While Capital Southwest has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Capital Southwest was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.56 on $57.9 million in revenues for the coming quarter and $2.29 on $228.24 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Management is currently in the bottom 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Artisan Partners Asset Management (APAM - Free Report) , has yet to report results for the quarter ended December 2025. The results are expected to be released on February 3.
This investment management firm is expected to post quarterly earnings of $1.11 per share in its upcoming report, which represents a year-over-year change of +5.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Artisan Partners Asset Management's revenues are expected to be $322.77 million, up 8.7% from the year-ago quarter.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Alphabet's self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion “post-money.” The new funding is the latest move by Alphabet to fund Waymo's continued expansion to more markets.
2026-02-02 23:391mo ago
2026-02-02 18:151mo ago
Palantir Technologies Inc. (PLTR) Q4 Earnings and Revenues Beat Estimates
Palantir Technologies Inc. (PLTR - Free Report) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +8.18%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.21, delivering a surprise of +23.53%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Palantir Technologies, which belongs to the Zacks Internet - Software industry, posted revenues of $1.41 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.46%. This compares to year-ago revenues of $827.52 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Palantir Technologies shares have lost about 17.5% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for Palantir Technologies?While Palantir Technologies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Palantir Technologies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.21 on $1.31 billion in revenues for the coming quarter and $1.04 on $6.23 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
BILL Holdings (BILL - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025. The results are expected to be released on February 5.
This payment processing software company is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
BILL Holdings' revenues are expected to be $399.75 million, up 10.3% from the year-ago quarter.
2026-02-02 23:391mo ago
2026-02-02 18:151mo ago
Simon Property (SPG) Q4 FFO and Revenues Surpass Estimates
Simon Property (SPG - Free Report) came out with quarterly funds from operations (FFO) of $3.49 per share, beating the Zacks Consensus Estimate of $3.47 per share. This compares to FFO of $3.68 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of +0.58%. A quarter ago, it was expected that this shopping mall real estate investment trust would post FFO of $3.09 per share when it actually produced FFO of $3.22, delivering a surprise of +4.21%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.
Simon Property, which belongs to the Zacks REIT and Equity Trust - Retail industry, posted revenues of $1.79 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 10.10%. This compares to year-ago revenues of $1.58 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Simon Property shares have added about 3.4% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for Simon Property?While Simon Property has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Simon Property was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $2.97 on $1.55 billion in revenues for the coming quarter and $13.02 on $6.42 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Retail is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, American Assets Trust (AAT - Free Report) , has yet to report results for the quarter ended December 2025. The results are expected to be released on February 3.
This real estate investment trust is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of -12.7%. The consensus EPS estimate for the quarter has been revised 2% higher over the last 30 days to the current level.
American Assets Trust's revenues are expected to be $106.36 million, down 6.3% from the year-ago quarter.
2026-02-02 23:391mo ago
2026-02-02 18:161mo ago
FRMI ALERT: Hagens Berman Scrutinizing Suit Against Fermi (FRMI) Over Alleged $150M Anchor Tenant Exit
FRMI Investors with Losses Encouraged to Contact the Firm
, /PRNewswire/ -- National shareholder rights law firm Hagens Berman is issuing an updated notice to investors in Fermi Inc. (NASDAQ: FRMI) regarding the March 6, 2026, lead plaintiff deadline in a pending securities class action against Fermi, certain of Fermi's top executives and directors, and underwriters of Fermi's Initial Public Offering (IPO).
CLICK HERE TO SUBMIT YOUR FRMI LOSSES
The litigation alleges that Fermi misrepresented the demand for its flagship "Project Matador"—a massive AI data center campus—and the stability of its primary anchor tenant. The complaint alleges that Defendants' misstatements were allegedly revealed on Dec. 12, 2025, when Fermi disclosed that the first tenant for its anticipated Project Matador AI campus had terminated its $150 million Advance in Aid of Construction Agreement (AICA), which would have supplied construction costs for the facility. On this news, the price of Fermi stock fell nearly 34%, according to the complaint.
Click here to visit Hagens Berman's FRMI Case Page
Click here to view Hagens Berman's video summarizing Hagens Berman's investigation.
"We are investigating whether Fermi's IPO materials painted an artificial picture of demand to secure financing from investors," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the alleged claims.
The Fermi Inc. (FRMI) Securities Class Action's Allegations: The Project Matador Illusion and Anchor Tenant Risk
The pending litigation alleges that Fermi and its executives issued misleading statements regarding the viability of its core infrastructure project:
Overstated Tenant Demand: The complaint alleges that Fermi's IPO registration statement inflated the actual demand for Project Matador's multi-gigawatt capacity to attract high-valuation multiples. Concealed Tenant Risks: The complaint alleges that Defendants misrepresented and omitted to disclose the extent to which Project Matador would rely on a single tenant's funding commitment to finance the construction of Project Matador, and that there was a significant risk that the tenant would terminate its funding commitment. The $150M AICA Termination: On Dec. 12, 2025, Fermi stunned the market by announcing that the First Tenant had terminated the AICA agreement after the exclusivity period expired. Following this announcement, Fermi's stock price plummeted 33.8% in a single day. By the commencement of the Fermi class action lawsuit, the price of Fermi stock has traded as low as $8.59 per share, a 59% decline from the $21.00 per share IPO price. Dual Pronged Class: The Fermi class action lawsuit seeks to represent purchasers or acquirers of Fermi Inc. (NASDAQ: FRMI): (i) common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with Fermi's Oct. 2025 IPO; and/or (ii) securities between Oct. 1, 2025 and Dec. 11, 2025, inclusive (the "Class Period"). Next Steps: Contact Partner Reed Kathrein Today
Hagens Berman is a top-tier plaintiff litigation firm recognized for prosecuting complex securities fraud class actions.
Mr. Kathrein is actively advising investors who purchased FRMI shares pursuant and/or traceable to the October 2025 IPO, or on the open market between Oct. 1, 2025 – Dec. 11, 2025.
The Lead Plaintiff Deadline is March 6, 2026.
TO SUBMIT YOUR FERMI (FRMI) LOSSES NOW, PLEASE USE THE SECURE FORM BELOW:
Click Here to Report Your FRMI Investment Losses to Hagens Berman Contact: Reed Kathrein at 844-916-0895 or email [email protected] Whistleblowers: Persons with non-public information regarding Fermi should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
SOURCE Hagens Berman Sobol Shapiro LLP
2026-02-02 23:391mo ago
2026-02-02 18:181mo ago
Gold Resource Corporation Announces Resumption of Operations as Illegal Blockade Lifted at Its Don David Gold Mine
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces that the illegal blockade previously restricting access to its mine in Oaxaca, Mexico has been lifted, allowing mining and processing operations to safely resume.
The blockade, which was reported in the Company’s news release dated January 22, 2026, was initiated by approximately 20 employees of four contractors whose agreements were terminated following notice from the CTM union. The blockade was resolved without incident.
Gold Resource Corporation reiterates that the dispute was an internal matter between union factions and the contractors formerly affiliated with the CTM union and did not directly involve the Company. The Company remained neutral throughout the process.
Gold Resource Corporation extends its gratitude to employees, union members, community stakeholders, and governmental partners for their patience and assistance in resolving the situation.
About GRC:
Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. Under the direction of an experienced board and senior leadership team, the Company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico and to develop the Back Forty Project in Michigan, USA. For more information, please visit the Company’s website, located at www.goldresourcecorp.com.
More News From Gold Resource Corporation
Back to Newsroom
2026-02-02 23:391mo ago
2026-02-02 18:201mo ago
Quantum Computing Inc. Completes Acquisition of Luminar Semiconductor, Inc.
Transaction strengthens QCi's technology roadmap and advances QCi toward becoming a vertically integrated, domestic provider of photonics and quantum platforms , /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and integrated photonics technology company, today announced the completion of acquiring Luminar Semiconductor, Inc. ("LSI"), a wholly owned subsidiary of Luminar Technologies, Inc. ("Luminar") (Nasdaq: LAZR), in an all-cash transaction valued at $110 million (the "Transaction").
The acquisition represents a significant milestone in QCi's strategy to build a vertically integrated, product-driven photonics and quantum technology platform. The acquisition supports the Company's long-term strategic roadmap and is expected to add annual revenue to QCi's financial profile.
"This acquisition allows us to move forward with a combination that is highly strategic for QCi," said Yuping Huang, CEO and Chairman of the Board of QCi. "LSI is important to our technology roadmap, and the deep technical expertise of the LSI team will be key to our joint success. While much of the industry remains tethered to large-size, cryogenic systems, QCi now owns the architecture required to deliver chip-scale quantum hardware that operates at room temperature. By integrating our thin-film lithium niobate (TFLN) platform with LSI's lasers, detectors, packaging, and manufacturing capabilities, we gain ownership of the photonics signal chain from light generation through detection and processing, enabling us to shrink complex quantum systems into high-performance, compact products that are mass producible. This acquisition accelerates our transition from technology innovation to scalable manufacturing, reinforcing our mission to put quantum-enabled solutions into the hands of people."
LSI brings established capabilities in lasers, detectors, advanced packaging, and manufacturing, complementing QCI's leadership in TFLN integrated photonics. Together, the combined platform enables end-to-end control of photonic system design and manufacturing, positioning QCi as a vertically integrated photonics leader.
The transaction is expected to be supported by a fully domestic manufacturing platform, aligning with demand for U.S.-based technology solutions and reshoring initiatives. This positioning can enhance QCi's ability to serve government and defense-related customers, including aerospace and national security applications.
LSI will operate as a wholly owned subsidiary of QCi, maintaining its long-standing commercial relationships in aerospace, defense and industrial markets. These programs provide near-term revenue visibility and a strategic foothold for QCi to expand its offerings into established markets over time. Leveraging LSI's experience developing and deploying mission-critical hardware, its veteran engineering team and extensive patent portfolio add the industrial depth needed to advance QCi's quantum innovations from technology to scalable manufacturing.
On January 12, 2026, the Company announced that it had also submitted a stalking horse bid for certain of Luminar Technologies' LiDAR assets. The Company ultimately elected not to pursue the acquisition of these assets consistent with its disciplined approach to capital allocation and long-term value creation.
Additional details regarding integration plans and future milestones will be shared in the coming months.
About Quantum Computing Inc.
Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, quantum optics and integrated photonics technology company that provides accessible and affordable quantum machines and foundry services for the production of photonic chips based on thin-film lithium niobate. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications.
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements and forecasts, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "enhance," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of QCi and members of its management as well as the assumptions on which such statements are based. Any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the occurrence of any event, change or other circumstances under which the anticipated benefits of the Transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of LSI, diversion of management's attention from ongoing business operations and opportunities, operating costs and business disruption following the Transaction, exposure to potential litigation, the integration of Luminar Semiconductor's products and technologies with QCi, and the acceleration of QCi's development roadmap, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, QCi undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
SOURCE Quantum Computing Inc.
2026-02-02 23:391mo ago
2026-02-02 18:211mo ago
Wall Street hotshot's downfall deepens as bankruptcy filing lists guinea pigs, Apple watch among assets
A hot-shot hedge fund manager admitted last month that the once-wealthy entrepreneur has just $240,000 left in assets, following a cascade of financial setbacks, including defaulting on a mortgage placed on his family’s $13 million home, being sued by his mother and leading a failed multibillion-dollar casino takeover.
Jason Ader, a former Wall Street activist investor known for unseating Marissa Mayer as CEO of Yahoo in 2017, disclosed $1,700 in cash, a Tesla Cybertruck, a Glock G26, an Apple Watch valued at $250 and two guinea pigs worth $25 each, according to court filings dated Jan. 16.
The 59-year-old owes roughly $2 million to creditors, including his estranged wife and mother, according to court filings and a court-ordered call with creditors last week, the New York Post reported. Of that total, about $101,000 is owed to non-insider creditors, documents show.
The latest court appearance comes after Ader appeared to maintain a lavish lifestyle despite mounting financial troubles. During the telephone conference, he reportedly acknowledged being able to maintain a $6 million, four-bedroom Miami condo in the same building where English soccer star David Beckham, co-owner of MLS team Inter Miami, also owns a property.
RESTAURANT GIANT FILES FOR BANKRUPTCY UNDER MASSIVE DEBT SHORTLY AFTER TOUTING MAJOR EXPANSION
Jason Ader, co-chief executive officer at Owl Spring Asset Management, speaks at the Reuters Global Investment Outlook summit at the Thomson Reuters building in New York, November 20, 2013. (REUTERS/Mike Segar)
Ader told creditors that the condo is owned by one of his companies, 826 Capital Holdings LLC, which places it outside his personal bankruptcy proceedings, the NYP said.
In 2024, he also spent roughly $370,000 during a spending spree in the south of France, just months before his 82-year-old mother, Pamela, sued him for leaving his late father’s Upper East Side estate liable for the debt, the outlet added.
Ader, who reportedly filed for personal bankruptcy in Florida in December, earns roughly $25,000 a month from the Israeli-based cybersecurity firm Qyprotnic LLC, according to documents.
NEARLY 100-YEAR-OLD CANDY COMPANY FILES FOR BANKRUPTCY AMID RISING COSTS, HEAVY DEBT: REPORT
Jason Ader and Hana Ader attend the Pérez Art Museum Miami Art of the Party at Perez Art Museum Miami on March 12, 2022 in Miami, Florida. (Jason Koerner/Getty Images for PAMM)
He pleaded with the Miami court, which is still deliberating the case, not to seize his wardrobe, estimated at $10,000, and his 2024 Tesla Cybertruck, which he values at $70,000, according to the NYPost.
The outlet added that when asked how he ended up in financial trouble, Ader said: "It’s a combination of the divorce proceedings, a long-standing family dispute, which relates to the activity around the townhouse, and an unexpected IRS liability that I am working through. I am looking to reorganize my debts and then emerge with a plan."
MOST SAKS OFF 5TH LOCATIONS NATIONWIDE TO CLOSE AMID BANKRUPTCY PROCEEDINGS
Jason Ader, chief executive officer and chief investment officer at Ader Investment Management LLC, participates in a panel discussion in New York on Dec. 5, 2012. (Michael Nagle/Bloomberg via Getty Images / Getty Images)
Ader also emphasized that he has paid roughly $1 million in housing support for his estranged wife, Julie Ader, and up to $3 million for his five children, the outlet said. Despite the reported payments, a New York court ruled in 2023 that he failed to pay the agreed child support for four of his children, in violation of court orders and his prenuptial agreement, according to the NYPost.
CLICK HERE TO READ MORE ON FOX BUSINESS
In 2021, Ader also entered an agreement to buy the Okada Manila casino in the Philippines for $2.6 billion. In the failed takeover, Austrian billionaire Harald McPike reportedly alleged that Ader scammed him out of $25 million in the deal.
2026-02-02 23:391mo ago
2026-02-02 18:211mo ago
NXP Semiconductors (NXPI) Q4 Earnings and Revenues Surpass Estimates
NXP Semiconductors (NXPI - Free Report) came out with quarterly earnings of $3.35 per share, beating the Zacks Consensus Estimate of $3.3 per share. This compares to earnings of $3.18 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.41%. A quarter ago, it was expected that this chipmaker would post earnings of $3.11 per share when it actually produced earnings of $3.11, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
NXP, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $3.34 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.97%. This compares to year-ago revenues of $3.11 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
NXP shares have added about 4.2% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for NXP?While NXP has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for NXP was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.99 on $3.09 billion in revenues for the coming quarter and $13.73 on $13.32 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Semiconductor - Analog and Mixed is currently in the top 11% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
M/A-Com (MTSI - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025. The results are expected to be released on February 5.
This chipmaker is expected to post quarterly earnings of $0.99 per share in its upcoming report, which represents a year-over-year change of +25.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
M/A-Com's revenues are expected to be $268.91 million, up 23.3% from the year-ago quarter.
2026-02-02 23:391mo ago
2026-02-02 18:211mo ago
DaVita HealthCare (DVA) Q4 Earnings and Revenues Surpass Estimates
DaVita HealthCare (DVA - Free Report) came out with quarterly earnings of $3.4 per share, beating the Zacks Consensus Estimate of $3.24 per share. This compares to earnings of $2.24 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.08%. A quarter ago, it was expected that this kidney dialysis provider would post earnings of $3.29 per share when it actually produced earnings of $2.51, delivering a surprise of -23.71%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
DaVita HealthCare, which belongs to the Zacks Medical - Outpatient and Home Healthcare industry, posted revenues of $3.62 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.69%. This compares to year-ago revenues of $3.29 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
DaVita HealthCare shares have lost about 3.8% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for DaVita HealthCare?While DaVita HealthCare has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for DaVita HealthCare was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.47 on $3.32 billion in revenues for the coming quarter and $12.89 on $13.9 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Outpatient and Home Healthcare is currently in the bottom 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, LifeStance Health Group (LFST - Free Report) , has yet to report results for the quarter ended December 2025.
This outpatient mental health services provider is expected to post quarterly loss of $0.00 per share in its upcoming report, which represents a year-over-year change of +100%. The consensus EPS estimate for the quarter has been revised 25% lower over the last 30 days to the current level.
LifeStance Health Group's revenues are expected to be $377.35 million, up 15.9% from the year-ago quarter.
MGIC Investment (MTG - Free Report) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.21%. A quarter ago, it was expected that this mortgage insurance company would post earnings of $0.72 per share when it actually produced earnings of $0.83, delivering a surprise of +15.28%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
MGIC, which belongs to the Zacks Insurance - Multi line industry, posted revenues of $297.8 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2.89%. This compares to year-ago revenues of $303.09 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
MGIC shares have lost about 7.9% since the beginning of the year versus the S&P 500's gain of 1.4%.
What's Next for MGIC?While MGIC has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for MGIC was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $309.65 million in revenues for the coming quarter and $3.14 on $1.26 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Multi line is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
MBIA (MBI - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025.
This insurance and reinsurance company is expected to post quarterly loss of $0.05 per share in its upcoming report, which represents a year-over-year change of +89.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
MBIA's revenues are expected to be $20 million, down 31% from the year-ago quarter.