Solana price fell to lows of $96 as cryptocurrencies crashed.Declines align with fresh outflows from digital asset investment products.SOL saw over $31 million in net outflows last week, the first in three weeks.Solana (SOL) fell below $100 for the first time since April 2025 as a sharp sell-off pushed Bitcoin under $75,000.As BTC dumped to its lowest level in nearly 10 months, Solana touched lows of $96.43.This happened as crypto markets experienced extreme volatility.Dips for all the top coins, including Ethereum and XRP, resulted in over $2.5 billion in liquidations in 24 hours.Per data from Coinglass, more than $4 billion in long positions have been liquidated across the crypto market over the past 4 days.Most of the bets wiped out were longs, with this coming amid Friday’s historic collapse in metals.Gold dumped from above $5,500 and silver plunged 39%, losses that cascaded across the crypto sector.The wipe-out is one of the largest liquidations in crypto, with the top of the ladder being the nearly $20 billion liquidated in October 2025.SOL sees $31.7 million in investment outflowsThe dramatic collapse in crypto prices coincided with a sharp surge in capital exit from digital asset investment products.According to asset manager CoinShares, the digital asset market recorded a second straight week of outflows, with over $1.7 billion exiting amid the panic selling.The outflows mean the sector has now reversed year-to-date inflows, pushing global year-to-date net flows to $1 billion.CoinShares head of research James Butterfill said the redemptions signal “a marked deterioration in investor sentiment towards the asset class.”“We believe this reflects a combination of factors, including the appointment of a more hawkish US Federal Reserve Chair, continued whale selling associated with the four-year cycle, and heightened geopolitical volatility,” Butterfill added.Notably, Solana saw over $31.7 million in net outflows last week, the altcoin’s first weekly outflow in three weeks.Solana price prediction: $100 remains the key levelBears have established dominance in the first weeks of 2026, continuing the trend witnessed in the last quarter of 2025.Macroeconomic conditions and geopolitical headwinds have contributed to this outlook, and analysts at QCP point to the ETF outflows and broader sentiment as likely negative catalysts for cryptocurrencies in the short term.SOL could nosedive under $100 amid this trend. A retest of the $96-$80 area will embolden bears further.Solana Price Chart Solana price chart by TradingViewHowever, a flip in sentiment portends a continuation above the psychological level.Solana price was above $102 at the time of writing, slightly up as other coins eye a rebound.If Bitcoin reclaims $82,000 and risk assets stabilise, SOL price could target the $120-$135 supply wall next.The post Solana price falls to 10-month low amid ETF outflows appeared first on CoinJournal.

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FinchTrade is a Swiss-based OTC liquidity provider, founded in 2021.Wert.io is a fintech company founded in 2020 that enables businesses to embed crypto purchasing.In the last 30 days alone, Wert processed $2.3 million in trading volume through FinchTrade.For digital platforms looking to onboard users into crypto, the challenge has always been the same: how to provide seamless fiat-to-crypto access without pushing customers to external exchanges.Wert set out to solve this problem by creating an embedded purchase widget that integrates directly into apps, wallets, and marketplaces, enabling retail users to buy small amounts of crypto instantly and compliantly.But building a smooth user experience requires more than just smart product design — it demands reliable liquidity, competitive pricing, and instant settlement.To achieve this, Wert partnered with FinchTrade, a Swiss-based OTC liquidity provider.Through FinchTrade’s non-custodial trading engine and aggregated liquidity pools, Wert can execute high-frequency transactions every second while keeping balances lean and risk exposure low.Founded by George Basiladze, Wert serves partners ranging from token sale projects to NFT marketplaces and Web3 wallets, helping them increase conversion, retain users, and unlock new revenue streams.Together with FinchTrade, Wert is scaling this model across Europe and preparing for new markets like Canada, while also expanding into crypto-to-fiat payout flows and GBP support.Solving liquidity and settlement challengesFor Wert, the biggest challenge in scaling its embedded widget was not only offering retail users a seamless front-end experience, but also managing liquidity and settlement efficiently behind the scenes.Handling thousands of small transactions each month meant finding a partner that could provide reliable execution, instant conversions, and competitive spreads — without forcing Wert to hold large balances or take on unnecessary risk.That’s where FinchTrade came in. Since 2022, Wert has leveraged FinchTrade’s non-custodial trading infrastructure and aggregated liquidity to deliver a frictionless back-end for its retail flows.Instant EUR settlement allows Wert to execute trades every few seconds while keeping reserves lean, ensuring end-users get their crypto on time, every time.“FinchTrade allows us to maintain smaller balances, benefit from instant settlement, and access deep liquidity in EUR pairs”, said George Basiladze, Founder & CEO of Wert. “The reliability of their trading infrastructure means we can focus on growing our product and partner network.” In the last 30 days alone, Wert processed $2.3 million in trading volume through FinchTrade — with the majority flowing through stablecoin pairs — proving the model’s efficiency and scalability.Driving results togetherThe collaboration between Wert and FinchTrade has already delivered tangible outcomes:Real-time execution: Retail users receive crypto instantly thanks to FinchTrade’s aggregated liquidity.Lower risk exposure: Instant EUR settlement eliminates the need for Wert to hold large reserves of BTC or fiat.High-frequency scalability: API-based integration supports Wert’s model of processing trades every few seconds.Product expansion: The partnership is evolving to cover new fiat pairs like GBP and reverse flows — enabling users to sell crypto and receive fiat payouts just as easily.Looking aheadWert is preparing for its next chapter: expanding into new markets like Canada, introducing collateralized lending products, and rolling out crypto-to-fiat solutions for its partners.Throughout this growth, FinchTrade will remain the liquidity backbone, ensuring flexibility, competitive pricing, and reliable settlement.“Wert represents the kind of forward-thinking partner we love to support,” said Nicola Boldrini, Growth Lead at FinchTrade. “By embedding our liquidity into their platform, they can scale confidently and deliver a seamless experience to retail users globally.” About FinchTradeFinchTrade is a Swiss-based OTC liquidity…

SUI slid below $1.10 amid a broad crypto selloff, tracking weakness in bitcoin and major altcoins.Hong Kong’s HashKey Exchange will list SUI/USD for professional investors from Feb. 4.A potential bullish reversal could see Sui price target $1.20-$1.34.HashKey Exchange, Hong Kong’s largest licensed cryptocurrency platform, is set to list Sui, a development that comes as the token struggles amid a sharp downturn across digital asset markets.Sui’s native token, SUI, has come under heavy selling pressure in recent sessions, sliding below $1.10 as the broader crypto market sold off aggressively.The decline coincided with Bitcoin trading around the $78,000 level, triggering losses across major and mid-cap tokens.SUI, now ranked outside the top 20 cryptocurrencies by market value, was trading around $1.13 as of Feb. 3, 2026.Why did SUI plummet?SUI’s pullback has largely tracked the wider risk-off move in crypto markets.The token is down about 12% over the past week, reflecting volatility seen across high-beta digital assets.Solana, for example, dropped to a 10-month low below $100 during the same period.The selloff has been driven by a combination of macroeconomic uncertainty and profit-taking following earlier rallies.These pressures persisted despite US President Donald Trump nominating crypto-friendly Kevin Warsh as his pick for the next Federal Reserve chair, a move that had initially been viewed as supportive for digital assets.However, with SUI hovering around $1.13 as of February 3, 2026, bulls are likely to get a major boost from news of a fresh listing on Hong Kong’s largest crypto platform HashKey Exchange.HashKey Exchange to add SUI/USD tradingSentiment around SUI may find near-term support from a new exchange listing.HashKey Exchange announced on Feb. 3 that it will list the SUI/USD trading pair.According to the exchange, over-the-counter trading in SUI/USD will open at 16:00 Hong Kong time on Feb. 4, 2026.Deposits and withdrawals for SUI are already live, allowing qualified participants to prepare ahead of trading.Access to the product will be limited to professional investors, in line with Hong Kong’s regulatory framework.📣 New Listing: SUI is coming to HashKey Exchange! @SuiNetwork✅ Deposits & Withdrawals: Open
✅ Trading Pair (Spot) : SUI/USD
✅ Listing Time: 16:00 (UTC +8), Feb 4👤 Available to: Professional Investors🎯 First 1000 to complete these tasks share 20 HKD! (1000*20)
✅… pic.twitter.com/cWF7ubxrks— HashKey Exchange (@HashKeyExchange) February 3, 2026HashKey Exchange operates under the city’s Virtual Asset Service Provider regime and has positioned itself as a compliant venue focused on security and institutional-grade access to digital assets.The listing is expected to improve regional liquidity for SUI, particularly as interest grows in high-throughput Layer-1 blockchains used in decentralised finance and Web3 applications.Sui price predictionHistorically, listings on major Asian exchanges have often led to spikes in trading activity for altcoins, driven by institutional and regional participation.While HashKey’s OTC focus narrows the immediate investor base, broader market stabilisation could amplify the impact of the listing.From a technical perspective, SUI appears oversold following the recent decline.The relative strength index has moved deep into oversold territory, suggesting the potential for a short-term rebound.A recovery would likely see $1.12 acting as a key support level.SUI Price ChartSui price chart by TradingViewNear-term resistance is seen in the $1.20 to $1.34 range, with the upper end marking a previous area of demand.However, momentum indicators such as the MACD remain bearish, pointing to ongoing downside risks.If buying interest fails to build, SUI could face renewed pressure below the $1.00 level.As with the broader crypto market, the token’s direction is likely to remain closely tied to shifts in risk sentiment and bitcoin price action in the days ahead. The post SUI slides amid crypto selloff as HashKey Exchange confirms new listing…

Ripple’s XRP dropped nearly 5% in 24 hours and 20% in the past week.Bitcoin’s dip to $72,900 saw XRP come close to breaking below $1.50.XRP saw over $19 million in ETF inflows on February 3, 2026.XRP has fallen sharply, shedding about 20% over the past week to trade near the critical $1.50 level.The Ripple cryptocurrency, which has declined by about 5% over the past 24 hours amid a broader crypto market downturn, risks dipping below a key level despite witnessing a fresh uptick in exchange-traded fund inflows.Overall bearish pressure has led the cryptocurrency market cap to drop to $2.66 trillion, with the crash on “Black Sunday II” having plummeted Bitcoin to under $73,000 on Wednesday.Meanwhile, top altcoins such as Ethereum, BNB, and Solana have also sold off significantly.ETH, SOL and BNB dropped to $2,100, $91 and $727 respectively on Wednesday.Key triggers include President Trump’s tariff threats, panic sell-offs amid  a risk asset dip, and negative reaction to Federal Reserve policy fears and the recent nomination of Kevin Warsh as the next Fed chair.Institutional ETF inflows have failed to stem the downside action.XRP price slips towards $1.50XRP’s slide to near $1.53 across major exchanges amid risk-off sentiment means that another slip could push prices lower.Data shows Ripple futures open interest currently averages $2.53 billion, and aligns with the shrinking retail demand and trader caution.Per CoinGlass data, OI has shrunk from over $8.3 billion on October 10, when a bloodbath pushed XRP price from above $2.80 to under $2.30.Sellers have since seen prices hit lows under $1.55, with the downside accelerating since January 6, 2026, when prices retested the $2.30 level.A dip in OI points to a sustained decline in retail interest, which has previously impacted bulls.The trend holds despite digital asset investment products, including spot XRP ETFs, seeing notable cumulative inflows over the past week.Spot XRP ETFs also attracted net inflows on Tuesday, with about $19.4 million in net inflows.What’s next for the Ripple (XRP) price?Bitcoin’s drop to $72.8,000 exacerbates the bearish outlook, despite the swift bounce as investors reacted to developments that prevented a US government shutdown. However, bears are still in control.XRP Price ChartXRP price chart by TradingViewXRP has lost over 33% in the past month, hitting $1.53 on February 4 and extending declines from January highs around $2.35.Analysts say $1.53-$1.50 is a potential key reload zone, but buyers must absorb the likely pressure.Bearish risks persist amid macro caution, and another leg down might potentially see sellers test lows of $1.25. However, the upside amid a bullish divergence has $1.59 as a key pivot towards $2.00.The post XRP price risks drop below $1.50 amid crypto market crash appeared first on CoinJournal.

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Solana dropped to $90 amid massive liquidations across the crypto market.Bitcoin and Ethereum fell to under $73,000 and $2,150.Standard Chartered forecasts SOL rally to $250 in 2026 and $2,000 by 2030.Cryptocurrencies are bearish, and Solana’s price has experienced one of the sharpest declines among top altcoins. In the past 24 hours, the cryptocurrency has dropped nearly 10% to under $91, with many traders caught off guard amid heightened market volatility.As can be seen in the crypto heat map below, Solana’s plunge aligns with broader market pressure. Billions of dollars in leveraged positions have been wiped out in the past week as the sector faces massive unwinding.Crypto Heat MapSolana among cryptocurrencies in red. Source: Coin360Price dips 10% amid crypto liquidationsWith market sentiment in shambles for much of 2026, it is no surprise that Bitcoin tanked to its multi-month lows of $72,800. BTC and ETH’s latest dips mean Michael Saylor’s Strategy and Tom Lee’s BitMine currently sit on billions of dollars in unrealized losses. Digital asset treasury companies that flocked to Solana, BNB, Cardano, and others have similar trajectories.For Solana, the coin’s price under the psychological level of $100 has strengthened this. Sellers sustained this negative trend with another 10% push over the past 24 hours, hitting lows of $90.60.Onchain perpetual markets on Solana contributed significantly, with over $70 million in liquidations from Solana-based platforms in the past 24 hours. During the downturn, over $65 million of these were longs. The surge in forced selling exacerbated the decline, with high leverage amplifying losses for over 15,900 bullish traders.The liquidations reflect the rapid deleveraging that has also wiped billions of bullish bets from Bitcoin and Ethereum.Solana price predictionThe SOL dip is part of a broader market correction, but there’s a potential for recovery if bulls hold $90.However, liquidity contractions and liquidation overhangs, such as the $800 million in total liquidations in the past 24 hours, suggest a possible down leg as excess leverage clears. The technical picture also has Solana trading below its 50-day moving average around $132, which adds to the bearish outlook of the RSI and MACD.Solana Price ChartSolana price chart by TradingViewSOL could drop to $70 if markets continue to struggle.Despite the overall bearish picture, Standard Chartered has pointed out a bullish forecast for SOL.According to the bank, SOL could reach $2,000 by 2030 but has cut its 2026 forecast to from about $310 to $250. Catalysts include the macro picture and capital flows, as well as a fresh explosion in rotation from memecoins to top altcoins. Stablecoin adoption is another factor in the bank’s outlook.The post Solana price outlook: bears test $90 amid massive liquidations appeared first on CoinJournal.

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Bitcoin temporarily fell below $70,000, erasing gains built over the past 15 months.Over $840 million in leveraged long positions were liquidated during the sell-off.Traders now watch $65,000 support and $72,000 resistance for direction.Bitcoin has suffered one of its sharpest corrections in recent years, wiping out roughly 15 months of bull market gains in a swift and brutal sell-off.The world’s largest cryptocurrency temporarily plunged below the psychologically important $70,000 level, shocking traders who had grown accustomed to sustained upside momentum.The move did not happen in isolation, as it was accompanied by heavy liquidations, weakening sentiment, and visible stress across centralised exchanges.What initially appeared to be a routine pullback quickly evolved into a deeper reset for the broader crypto market.Bitcoin price crash wipes out 15 months’ gainsBitcoin’s drop to the $69,000–$70,000 range marked its lowest level in around 15 months, effectively erasing much of the progress made during the previous bull cycle.This decline pushed BTC back toward price zones last seen before institutional inflows and ETF-driven optimism reshaped market expectations.As the price broke below the key support level at $70,000, selling pressure intensified, and confidence among short-term traders deteriorated rapidly.The correction also dragged down major altcoins, reinforcing the idea that this was a market-wide deleveraging event rather than a Bitcoin-only move.From a market structure perspective, the fall represented a decisive break from the higher-highs and higher-lows pattern that had defined Bitcoin’s uptrend.Liquidations accelerate the sell-offOne of the most significant drivers behind the crash was a massive wave of forced liquidations across crypto derivatives markets.CoinGlass data shows that more than $840 million worth of leveraged positions were wiped out in a short period, with long positions accounting for the majority of losses.As Bitcoin slipped below critical price thresholds, automated liquidation engines kicked in, amplifying downside momentum.This cascade effect turned a controlled decline into a sharp flush, catching overleveraged traders off guard.The liquidation-heavy nature of the drop suggests the move was driven more by market positioning than by a single fundamental catalyst.After months of elevated leverage and crowded long trades, the market finally reached a breaking point.Massive Bitcoin outflows from exchangesAt the same time, on-chain data from CryptoQuant shows notable Bitcoin outflows from major exchanges, particularly Binance.Net Bitcoin inflowsBitcoin exchange netflow | Source: CryptoQuantA community-driven withdrawal campaign contributed to a sharp net outflow of BTC, briefly reducing exchange reserves.In a recent press release, Binance publicly addressed speculation about these movements, denying claims of financial instability and emphasising that withdrawals were proceeding normally.The exchange also encouraged users to practice self-custody if they felt uncertain, which further highlighted shifting trust dynamics within the market.Despite the price crash, some analysts view sustained exchange outflows as a sign that long-term holders are not panic-selling.This divergence between short-term trader behaviour and longer-term investor positioning adds complexity to the current market narrative.Bitcoin price forecast – what to look at in the coming daysLooking ahead, traders should closely watch several key levels as Bitcoin attempts to stabilise after the sell-off.The $70,000 zone now acts as immediate support, and a break below this level could push the price towards the $65,000 area, which stands out as a major support zone, as it aligns with previous consolidation ranges.BTC price analysisBTC price chart | Source: TradingViewA deeper breakdown could expose Bitcoin to a move toward the $60,000 psychological level, where buyers may attempt a stronger defence.On the upside, a sustained recovery above $72,000 would be an early sign that selling…

Ethereum price drops to $2,127 amid market weakness and high volatility.Vitalik Buterin sells $6.6M ETH, part of planned funding moves.Key support at $2,007, with resistance targets at $2,133 and $2,274.Ethereum (ETH) is under pressure as the cryptocurrency continues to face a significant pullback.The price of ETH has dropped to $2,098.91, down 5.6% in the last 24 hours.ETH price chartEthereum price analysis | Source: TradingViewThis decline is part of a broader downtrend, with Ethereum losing around 28% over the past week and nearly 34% over the past three months.Trading volume, however, remained elevated at $54.5 billion in the last 24 hours, highlighting strong market activity despite the falling prices.Vitalik Buterin’s ETH tradesAdding to the market concerns, Ethereum co-founder Vitalik Buterin has sold millions in ETH.Reports indicate that wallets linked to Buterin moved roughly 2,961.5 ETH, valued at approximately $6.6 million at the time of sale.vitalik.eth(@VitalikButerin) is dumping $ETH fast!Over the past 3 days, Vitalik has sold 2,961.5 $ETH($6.6M) at an average price of $2,228 — and the selling is still ongoing.https://t.co/Q9G1lEsdiP pic.twitter.com/C1vBn5UimJ— Lookonchain (@lookonchain) February 5, 2026These transactions attracted attention due to the timing of the Ethereum downturn.Additional reports highlight a separate $29 million ETH transfer, part of a planned reallocation by Buterin.The movement included converting ETH to wrapped ETH (wETH) and sending smaller amounts to his Kanro charity, which focuses on biotechnology and infectious disease research.Analysts stress that these transfers are likely strategic funding moves, not panic selling.Nevertheless, the market has interpreted these large movements as bearish signals.ETH price analysisEthereum has been under pressure due to broader crypto market weakness.The 24-hour price range for ETH is currently $2,077.42 to $2,258.21, reflecting volatility and uncertainty.Ethereum’s market capitalisation stands at $257 billion, with a circulating supply of 120.6 million ETH.The cryptocurrency is still down 57% from its all-time high of $4,946.05 in August 2025.Despite the decline, Ethereum remains a major player in the crypto ecosystem, with investors closely monitoring large wallet movements.Ethereum price forecastTraders are watching key levels for signs of market direction.The first support level to monitor is $2,007.If ETH fails to hold this level, it could drop further to the next support at $1,800.On the upside, $2,133 is the initial resistance level.A sustained break above this could push Ethereum toward $2,274, with the third resistance at $2,396.Analysts like CoinLore suggest that maintaining a price above the $2,007 support is critical for any potential recovery.Conversely, breaking below this level could accelerate selling pressure and test lower price floors.In conclusion, Ethereum faces a challenging period as both founder wallet activity and broader market trends weigh on the price.Traders should pay close attention to the support and resistance levels, as these will likely guide short-term movements in ETH.The post Ethereum price slips further as Vitalik Buterin dumps $6.6M ETH appeared first on CoinJournal.

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Playnance unveils Web2-to-Web3 gaming infrastructure after years operating privately at scale.The platform processes 1.5 million daily on-chain transactions with over 10,000 active users.Playnance focuses on simplifying blockchain access through Web2-style onboarding systems.Playnance has made its first public announcement, revealing itself as a Web3 infrastructure and consumer platform company that has been operating a live ecosystem aimed at onboarding mainstream Web2 users into blockchain-based environments.The announcement was made on February 5, 2026, from Tel Aviv, marking the company’s first formal introduction after several years of developing and running its technology and platforms privately.Founded in 2020, Playnance has positioned itself as a Web2-to-Web3 gaming infrastructure layer.The company integrates with more than 30 game studios and enables the conversion of thousands of games into fully on-chain experiences, where all gameplay actions are executed and recorded directly on blockchain networks.Infrastructure built to simplify blockchain adoptionPlaynance’s core offering focuses on removing technical barriers commonly associated with blockchain usage.The company’s products are designed to allow users to interact with on-chain systems without needing direct knowledge of blockchain mechanics.Instead, users access platforms through familiar Web2-style interfaces, including standard account creation and login processes, while blockchain functionality operates in the background.The company stated that its live platforms currently process approximately 1.5 million on-chain transactions daily and support more than 10,000 daily active users.According to Playnance, a significant portion of its user base originates from traditional Web2 environments.These users are reportedly able to onboard and interact with blockchain-based systems without using external wallets or managing private keys, suggesting continued on-chain engagement from audiences outside the traditional crypto sector.The company’s ecosystem also includes the G Coin initiative, which is currently operating in pre-sale mode and is accessible through the Playnance official website.Consumer platforms showcase operational ecosystemPlaynance operates several consumer-facing platforms designed to demonstrate its infrastructure capabilities.Among these are PlayW3, Up vs Down, and other products that run on shared on-chain infrastructure and wallet systems.The integrated structure allows users to move between platforms without repeating onboarding procedures.All user interactions across these platforms are executed and recorded on-chain while remaining non-custodial, aligning with the company’s focus on user control and blockchain transparency.The shared wallet and infrastructure framework also supports cross-platform engagement within the broader Playnance ecosystem.“Our focus was on building systems that people could use without needing to understand blockchain mechanics,” said Pini Peter, CEO of Playnance. “We prioritized live operation and user behavior over public announcements, and this is the first time we are formally introducing the company after reaching scale.”Expansion strategy centred on user behaviourPlaynance stated that its infrastructure is designed to support high-volume consumer activity and continuous on-chain execution.The company’s approach reflects a broader industry shift toward practical blockchain applications targeting mainstream audiences.Looking ahead, Playnance indicated that its ecosystem expansion will be guided by observed user behaviour and platform performance.The company emphasised that its development roadmap will focus on real usage data rather than speculative adoption models.Playnance describes itself as a company focused on reducing friction between user behaviour and blockchain execution by operating consumer platforms at scale.The post Playnance unveils Web2-to-Web3 gaming ecosystem after years in stealth mode appeared first on CoinJournal.

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Tron (TRX) outperforms Bitcoin (BTC) despite recent market volatility.Tron Inc. keeps accumulating TRX, boosting token support.Key resistance for Tron sits at $0.2846 while the immediate support is at $0.2758.Of late, Tron (TRX) has demonstrated remarkable resilience in the volatile cryptocurrency market.Despite overall market weakness, TRX has outperformed Bitcoin over the past few weeks.The token has only seen a modest decline of around 2.3% in the past 24 hours, compared to Bitcoin’s sharper drop of 7.3%.At press time, TRX traded at approximately $0.2797, maintaining a stable position within its 24-hour range of $0.2799 to $0.2868.This strong performance is closely linked to the continued accumulation strategy by Tron Inc., the company behind the TRX ecosystem.Tron Inc.’s strategic TRX purchasesTron Inc., a Nasdaq-listed firm focused on crypto treasury strategies, has been actively increasing its TRX holdings in recent months.The company’s treasury currently holds nearly 680 million TRX tokens after recent purchases amounting to around 175,000 TRX (worth approximately $49,000).Notably, Justin Sun, the founder of Tron, has publicly endorsed the company’s buy-the-dip strategy, encouraging continued accumulation.Tron Inc.’s approach mirrors strategies seen in other corporate crypto treasuries, such as MicroStrategy’s Bitcoin holdings.By holding TRX as a core asset, Tron Inc. signals long-term confidence in the token and the broader Tron ecosystem.The accumulation also serves as a stabilizing factor, providing underlying support to TRX during periods of market volatility.TRX technical outlook and the key levels to watchFrom a technical perspective, TRX faces important resistance and support levels.The first major resistance, according to analysts, is at $0.2846, which, if broken, could push the token toward $0.2944.The third resistance level lies at $0.3012, offering a potential upside target for bullish traders.On the downside, TRX must maintain support at $0.2758 to avoid further decline.Technical indicators, however, signal a possible continuation of the current bearish trend with TRX currently below its 50-day and 200-day EMAs, reflecting short-term bearish momentum.The MACD also remains on the negative side, and the RSI is hovering near 35, indicating persistent selling pressure.A drop below this level could see the token fall to the next support near $0.2635.However, the strong accumulation by Tron Inc. provides a stabilizing force, which could help the token recover and surpass resistance levels.Market sentimentMarket sentiment for TRX remains cautiously optimistic.Even though the token has slipped for several consecutive days, the accumulation trend suggests institutional confidence.Derivatives data show negative funding rates, implying that traders are willing to pay to hold short positions.Tron funding rate chartSource: CoinglassFutures open interest has slightly declined, signaling reduced speculative activity.This environment may allow TRX to consolidate before attempting another upward move.Analysts suggest that maintaining above $0.2758 is critical for short-term momentum.Breaking above $0.2846 could reignite bullish sentiment, while failure to hold support may trigger deeper corrections.Overall, TRX’s relative outperformance against Bitcoin, combined with Tron Inc.’s treasury strategy, points to a token with strong institutional backing.The post TRX outperforms BTC as Tron Inc continues to accumulate the token appeared first on CoinJournal.

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Cardano price dropped to near $0.26 as cryptocurrencies continued to struggle.ADA bulls face further pain if the price breaks below $0.25.Bitcoin’s crash to under $70,000 amid bear cycle fears is a major trigger.Cardano price fell more than 9% to extend its downturn, with this coming as Bitcoin tumbled to below the $70,000 support level.With BTC dragging the broader crypto market into turmoil, Cardano (ADA) dropped to lows of $0.26, signaling prolonged downside risks in this bear cycle.Other altcoins had it even rougher, with XRP plummeting 14% to under $1.40 and Solana breaching support at $90.Altcoins slide as BTC tanks amid market panicBitcoin sank further on Thursday, with bears breaking below $70,000 to plunge the whole sector into fresh turmoil.The 8% drop from a retest of $73,000 came as Strategy, the world’s largest corporate holder of Bitcoin, sank into unrealized losses worth billions of dollars.Treasury Secretary Scott Bessent had also noted on Wednesday that the government would not “bail out” Bitcoin.However, despite confirmation that the US will not sell its BTC holdings, Cardano, alongside all the top altcoins, nosedived as BTC touched lows of $69,500.Analysts at Glassnode pointed out that forced selling is escalating.The $BTC capitulation metric has printed its second-largest spike in two years, highlighting a sharp escalation in forced selling.
These stress events typically coincide with accelerated de-risking and elevated volatility as market participants reset positioning.… pic.twitter.com/mcvVqXJcYq— glassnode (@glassnode) February 5, 2026Cardano ADA price dives to $0.26Cardano traded at $0.27 at the time of writing on February 5, 2026, down nearly 9% on the day.Recent declines mean Cardano price has dived 21% in the past week and 36% in the past month.The plunge from the $0.8 peak in October 2025 has only accelerated in the past month, with bulls failing to hold onto notable bounces above the $0.30 level.ADA’s move aligns with bear cycle indicators, including a Fear & Greed Index in extreme fear territory and negative funding rates across exchanges.Retail and institutional outflows have also amplified the slide, with macroeconomic conditions fueling further pain in a brutal start to the year for buyers.Given Bitcoin’s outlook, analysts see the current support level of $0.26 as a fragile one for Cardano.Bearish technicals signal further ADA downtrendADA’s daily chart gives a largely bearish outlook after the token’s dip below $0.30 and $0.28.The dump across risk assets saw buyers fail to hold the 50-day moving average mark, while daily RSI hovers near oversold but lacks bullish divergence.Cardano Price ChartCardano price chart by TradingViewData from Coinglass also shows a sharp decline in open interest, and negative funding rates reinforce the outlook.If the altcoin carnage accelerates amid a broader bear cycle crash, ADA could revisit $0.20 or lower.On the upside, a shift in macro conditions and regulatory tailwinds could spark bullish bets.Catalysts like network upgrades or ETF approvals also favour bulls, with short-term targets at $0.50 and $1.The post Cardano faces deeper plunge as Bitcoin breaches $70K amid bear-cycle fears appeared first on CoinJournal.

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Zcash price plunged to $217, hitting a four-month low amid a 20% dip.The privacy coin dumped as bears pushed Bitcoin under $70,000.ZEC traded around $228 at the time of writing, but risks breaching support at $200.Zcash (ZEC) has declined by more than 20% in the past 24 hours, accelerating its sharp descent amid an increasingly bearish cryptocurrency market.The privacy coin’s dip to below $220, the first time in four months, came as Bitcoin crashed to $69,500 and Ethereum fell to lows of $2,070.Among other top altcoin losers on the day was Cardano, which broke to $0.26.Monero, Dash, and Decred all tanked as privacy coins suffered the bearish flip, hurting cryptocurrencies.Notably, BTC’s dip has Michael Saylor’s Strategy sitting on approximately $4.5 billion of unrealised losses on the company’s 713,502 BTC.Meanwhile, BitMine’s 4.2 million ETH currently has about $7.5 billion in unrealised losses.Top privacy coin turns bearishZcash’s plunge stands out among privacy coins, especially after the ZEC price recently jumped to highs above $744 as Bitcoin struggled.Headwinds amid waning demand now see Zcash changing hands at lows of $217, just a few weeks after it topped $540.The more than 20% dip in the past 24 hours and 40% nosedive in the past week put Zcash at risk of further technical breakdown.Capitulation among holders has accelerated sell volumes, with a 36% spike to $538 million in the past day.Despite the losses, Zcash tops Bitcoin, Bitcoin Cash, and Monero in terms of overall performance over the past year.Bitwise CIO Matt Hougan shared this view via X.The relative returns of different monetary crypto assets since Jan. 1, 2025, is remarkable:Bitcoin (BTC): -22%
Bitcoin Cash (BCH): +23%
Monero (XRM): +97%
Zcash (ZEC): +347%Lots of confounding variables here, including that BTC holders were sitting on the biggest…— Matt Hougan (@Matt_Hougan) February 5, 2026Zcash risks plunge below $200Bears have relentlessly pressured ZEC bulls since the cryptocurrency’s 2025 peak above $740, when early privacy hype drove explosive growth.Now, after dipping to $217 on February 5, 2026, ZEC risks testing sub-$200 levels.On Feb. 5, the altcoin came close to the critical psychological support after failing to recover following Electric Coin Company’s core team exit.Continued regulatory scrutiny on privacy tokens and market-wide profit-taking amid Bitcoin’s latest price crash are key negative triggers.While ZEC has shattered its key trendline support at $250, a daily RSI deep in oversold territory suggests a rebound is likely.Zcash Price ChartZcash price chart by TradingViewHowever, the downturn highlights the privacy coin’s struggles amid broader market volatility, and breaching $200 might result in a new downtrend.Key support levels beneath this would be $173 and $125 – levels reached in October 2025 before the parabolic surge to the multi-year highs above $700.Per CoinMarketCap data, ZEC traded around $228 across major exchanges during the early US session on Thursday.This aligned with Bitcoin’s slight bounce above $70,500, and Monero looked to hold $345.The post Zcash price falls 20% to hit 4-month lows under $220 appeared first on CoinJournal.

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Bitcoin price plunged to $60,000, its biggest single-day fall since the FTX crash.Prices rose to above $66,000 as analysts forecast a potential dead cat bounce.Market sentiment remains in extreme fear.Bitcoin fell sharply on Friday, crashing to lows of $60,000, which ignited widespread selling before swiftly staging a dramatic recovery to around $67,100.The volatile swing has sent the cryptocurrency market sentiment into extreme fear, with top altcoins, including Ethereum, XRP, and Solana, hitting critical support levels below $1,900, $1.40, and $80, respectively.But after experiencing one of its most severe single-day plunges in history, can bulls sustain the flip?Bitcoin sees biggest 24-hour dip since FTX crashAs noted, Bitcoin plummeted more than $10,000 in a matter of hours on Thursday, briefly dipping to lows near $60,000.Bitcoin BTC Price ChartBitcoin price chart by TradingViewWhile Bitcoin has since recovered some ground and stabilised near $67,000 at the time of writing, the broader market remains under pressure following the cryptocurrency’s sharpest one-day decline since the collapse of FTX in November 2022.Unlike previous sell-offs triggered by clear catalysts such as regulatory actions or exchange failures, the latest downturn appears to have been driven largely by technical factors.Analysts have pointed to a wave of liquidations and forced unwinding of highly leveraged positions, as traders who had positioned for continued gains were caught off guard by the sudden reversal in momentum.Crypto analyst and investor Lark Davis shared the following on X:There's discussion that Bitcoin's dump is part of a bigger domino effect.People borrowed money to buy Bitcoin, gold, and silver. When prices dropped, lenders said "give us more money NOW or we'll sell your stuff."The problem: People didn't have cash, so they sold their OTHER…— Lark Davis (@LarkDavis) February 6, 2026Data from Coinglass showed that more than $2.6 billion worth of cryptocurrency positions were liquidated over the past 24 hours, with Bitcoin derivatives accounting for the largest share.The sell-off spread across major altcoins. Ethereum fell below $1,800 for the first time in more than a year, while Solana slid to around $67, its lowest level since December 2023.XRP also came under heavy pressure, touching lows near $1.13 and raising the risk of a move back below the $1 mark for the token linked to Ripple.Market participants noted that open interest in Bitcoin futures had climbed to record levels before the downturn, leaving heavily leveraged long positions exposed when prices reversed sharply.Bitcoin price outlook: dead cat bounce or sustained rally?As Bitcoin trades near $66,000, traders are weighing whether the rebound marks the start of a sustained recovery or represents a short-lived “dead cat bounce” that could give way to renewed losses.Bearish sentiment remains dominant, with market confidence sliding to extreme lows.The CoinMarketCap Fear and Greed Index is currently at 5 out of 100, signalling severe investor anxiety.Despite this, some analysts argue that supportive factors are still present.The scale of the recent sell-off, driven in part by heavy long liquidations, has raised the possibility of a short squeeze.If short sellers continue to cover positions, prices could extend their recovery.For bulls, a sustained move above $70,000 and a retest of $73,000 would be key technical milestones.However, if momentum weakens amid ongoing macroeconomic and geopolitical pressures, Bitcoin could slip toward $60,000, undermining the rebound.In that scenario, some market participants see $50,000 as the next potential downside target.The post Bitcoin price bounces to $67,000 after Thursday’s bloodbath appeared first on CoinJournal.

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Griffin AI received a second OpenAI milestone trophy after surpassing 20 billion tokens processed.Growth reflects rising reliance on AI agents for crypto research, workflows, and decision support.Company aims to convert high usage into durable, utility-driven value across Web3 ecosystems.User engagement with GriffinAI agents accelerates with 57% month-over-month growth in prompt-driven activity, reinforcing Griffin AI’s position among the most active OpenAI model users in the crypto sector.6 February 2026— Griffin AI, the AI agent builder for DeFi, today announced its partnership with OpenAI and confirmed it has received a milestone trophy from OpenAI recognizing Griffin AI’s continued high-volume usage of OpenAI models.Founder Oliver Feldmeier shared the milestone publicly during a recent AMA on X, noting that Griffin AI first received recognition after surpassing 10 billion tokens consumed via OpenAI’s platform, and has now received a second trophy after passing another 10 billion tokens—a sign of accelerating adoption and platform engagement.Oliver Feldmeier, Founder of Griffin AI said:In times like these, during the extreme market turmoil in the bear market phase, what counts is that users keep using our agents — and premium usage is paid in our native GAIN token. That organic demand, driven by real utility of our agents, is what matters beyond short-term market movements. This isn’t just a vanity metric. It’s evidence that real users are actively engaging with our agents—triggering prompts, running workflows, and using the platform at meaningful scale.Customer growth and engagement momentumGriffin AI has seen steady growth in user adoption and a material increase in usage intensity on the platform.In recent months, prompt-driven activity triggering Griffin AI agents grew by 57% month-over-month, reflecting a sharp rise in engagement as users increasingly rely on AI agents to support crypto research, decision support, and workflow automation.While much of today’s activity occurs within the platform—prior to being fully observable on-chain—Griffin AI views these engagement metrics as an early indicator of product-market fit for agent-led experiences in crypto.Why this mattersThis recognition from OpenAI reinforces Griffin AI’s focus on scaling reliable, production-grade AI agent experiences for crypto users. The token milestone trophies serve as external validation that Griffin AI is operating at top-tier usage levels—positioning the company among the most active OpenAI model consumers in the crypto space.Key milestones highlighted:20+ billion OpenAI model tokens processed across two recognized usage thresholdsSecond OpenAI milestone trophy received, signaling accelerating platform demand57% month-over-month growth in prompt-generated agent activity in recent monthsWhat’s next: converting demand into durable utilityGriffin AI’s next phase is centred on converting rising usage into measurable end-user value—through commercial-grade agents that can operate across the web, social platforms, and crypto workflows, with a roadmap that ties platform usage to broader ecosystem utility.Griffin AI also continues to operate a multi-model stack—leveraging OpenAI alongside additional leading models and self-hosted deployments—ensuring performance, resilience, and flexibility as the product scales.About Griffin AI
#1 AI Agent Builder for Web3
IGriffin AI is the leading AI agent builder for decentralized finance, enabling anyone to create, deploy, and scale autonomous crypto-native agents. Its flagship agents “Transaction Execution Agent” executes swaps, yields, and cross-chain operations through natural language, while multiple research agents help investors find Alpha.

PR Contact:
support@griffinai.ioNote: “Tokens” refer to AI model tokens processed through OpenAI model usage (not blockchain tokens). Forward-looking statements in this release are subject to risks and uncertainties.The post Griffin AI announces partnership with OpenAI and receives usage milestone trophy recognizing…

Ethereum price is trading inside a huge channel on the monthly chart.Bitcoin’s crash to $60,000  dragged ETH to its intraday lows.After falling to lows of $1,748, ETH risks another leg down.Ethereum’s price hovers above $1,960 as of writing on February 6, 2026.This follows a sharp downturn in the past 24 hours, with the top altcoin crashing to lows of $1,700 amid broader market turbulence.Bitcoin’s crash to $60,000, before rebounding to $67,000, dragged ETH to its intraday lows.All the top altcoins, including Solana, BNB and XRP, fell sharply amid the bloodbath.Ethereum price recapEthereum fell below $1,800 on Thursday, marking its weakest level since mid-2025 as heavy selling pressure intensified.The decline followed a sharp drop in Bitcoin to around $60,000, which sent shockwaves through the broader crypto market.Although prices have since recovered above $1,900, continued ETF outflows and a prevailing risk-off environment suggest bullish momentum remains fragile.Ethereum is down more than 29% over the past week and about 40% over the past month, underscoring the depth of the recent sell-off.ETH price prediction: could bears target $1,000 next?Although bulls are targeting a move back above $2,000, the monthly chart points to a fragile price structure.The chart paints a massive range with $4,900 forming the top established during the past bear cycle.At the lower end, the parallel channel suggests potential downside toward the $1,000–$1,200 zone.At present, the $1,800–$1,900 area aligns with support levels seen in April and May 2025, which were tested after ETH retraced from highs of around $4,100 in December 2024.This overlap reinforces the zone’s importance in determining near-term price direction.Ethereum Price ChartEthereum price chart by TradingViewAnalysts see this as a critical support zone, but if sellers breach it, it could give way to a downturn to levels untested since Ethereum’s 2022 bear market bottom.As such, bulls must eye a notable bounce above $2,000. If this happens, the next targets lie in the $2,250-$2,700 range.However, a breakdown below $1,800 risks testing $1,700 again.This week’s breakdown aligns with a similar breakdown in March-April 2025, which put prices beneath a key uptrend line formed since the bullish flip in April 2020 after the COVID crash.With bears having touched the mark already amid current bearish conditions, the picture isn’t in favour of bulls.A revisit could open up a path to the multi-year demand reload zone around $1,250-$1,000. This area represents untapped liquidity from the 2022 lows.The post Ethereum weakens after Bitcoin plunge, downside risks build appeared first on CoinJournal.

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ai.com lets users create a personal AI agent in about 60 seconds, with no coding required.Agents can execute tasks across apps and build new capabilities when needed.Improvements are shared across the network, boosting overall agent performance.The race to move artificial intelligence from conversation to execution is accelerating.ai.com, a new consumer AI platform founded by crypto executive Kris Marszalek, is entering the market with autonomous AI agents designed to act on users’ behalf, not just answer prompts.The company says its agents can organize work, execute tasks across apps and even build missing tools themselves, a step that could push AI deeper into everyday digital life.From crypto scale to consumer AI ambitionai.com is led by Kris Marszalek, best known as co-founder and CEO of Crypto.com, one of the world’s largest consumer crypto platforms.Marszalek will continue to lead both companies, positioning ai.com as a mass-market AI play rather than a niche developer tool.The platform allows users to generate a personal AI agent in about 60 seconds, with no coding or technical setup.Unlike standard chatbots, these agents are designed to carry out actions like sending messages, managing calendars, automating workflows or building simple projects.ai.com says agents can even create new capabilities on their own if a task requires functionality that does not yet exist.Those improvements, once validated, are shared across the wider agent network. In theory, that creates a flywheel effect: the more agents are used, the more capable all agents become.Marszalek has framed this as a decentralized system that could speed progress toward artificial general intelligence, or AGI: AI systems that can perform a wide range of tasks at a human-like level.“We are at a fundamental shift in AI’s evolution as we rapidly move beyond basic chats to AI agents actually getting things done for humans,” said Kris Marszalek, Founder and CEO of ai.com.Our vision is a decentralized network of billions of agents who self-improve and share these improvements with each other, vastly and rapidly expanding agentic capabilities and accelerating the advent of AGI.ai.com will officially launch its agent product on February 8, 2026, with a high-profile advertising debut during Super Bowl LX on NBC.Autonomy meets privacy and regulationWhile the promise is bold, autonomous agents raise immediate questions around safety, privacy and accountability.ai.com says each agent operates in a secure, isolated environment where user data is encrypted with individual keys and actions are limited strictly by user permissions.That architecture will be tested quickly if agents are allowed to trade stocks, handle payments or interact with third-party platforms.Financial regulators, in particular, are likely to scrutinize how responsibility is assigned when an AI agent makes a mistake or executes a harmful action.The company says users will retain full control, with all actions permission-based. Still, the real challenge will be proving that consumer-grade autonomy can scale without introducing new risks.ai.com is free to start, with paid subscription tiers offering more advanced capabilities.Additional features under exploration include financial integrations, agent marketplaces and social networks connecting humans, agents and agencies.For now, ai.com’s launch signals a shift in the consumer AI narrative, away from asking questions and toward getting things done.The post ai.com launches autonomous AI agents that act for users, not just chat appeared first on CoinJournal.

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Hedera and Stellar prices are up by 15% and 10% respectively as altcoin surge.HBAR and XLM eye key levels, helped by Bitcoin’s swift rebound to $70,000.Analysts warn that prices may yet dip after the latest relief rally.HBAR and XLM are up double digits as cryptocurrencies look for a swift rebound following Thursday’s steep crash that saw over $2.6 billion in leveraged positions wiped out.The altcoins are up as Bitcoin, which crashed to $60,000 amid the bloodbath, leads the recovery with a rebound to above $70,000.Gains for Hedera and Stellar mirror the sharp upticks for XRP, Flare, VeChain, and Kaspa. Ethereum, which dipped to near $1,700 on Thursday, was testing the resistance at $2,000.HBAR and XLM price gainsHedera’s token dropped to lows of $0.073 as top coins crashed late Thursday, but currently hovers above $0.093 as buyers eye the $0.10 mark given up this week.An uptick of over 15% in the past 24 hours amid a 65% surge in trading volume (to over $420 million) signals the strong buying that follows the latest dip.Bulls will eye year-to-date highs of $0.13, likely if market sentiment improves further.Stellar, which has tracked gains by XRP in the past, also jumped on Friday.The altcoin was up 10% at the time of writing, slightly off the mark seen with a 13% uptick during early US trading hours.XRP’s 18% spike as prices touched $1.52 following a dump to $1.13 pulled the closely related XLM higher.CoinMarketCap data showed Stellar traded around $0.17, sharply up from the lows of $0.13 reached earlier in the day.XLM was inching higher on increased volume, which details indicate stood at a 24-hour high of $426 million. Stellar bulls had helped push the daily volume up by more than 56% over this period.While sentiment remains well within the extreme fear territory, analysts say a break to $0.20 could allow for fresh bullish momentum.Bitcoin tops $70,000 as cryptocurrencies reboundBitcoin (BTC) is spearheading the crypto sector’s latest quest for a swift turnaround following a sharp crash.The huge leverage unwinding saw BTC fall to $60,000, with a $10,000 drop in 24 hours marking the biggest one-day rout since bears annihilated bulls during the FTX crash in 2022.Gains have come as open interest expands, with shorts covering positions and fueling the climb to the critical $70,000 support level. Daily RSI also shows a bullish divergence.Bitcoin Price ChartBitcoin price chart by TradingViewCoinShares says record ETP volumes, pause in whale selling, and BTC price moving below miners’ production costs are factors that have historically marked fresh accumulation “rather than the start of a new leg lower.”However, crypto analyst Rekt Capital says bulls may yet have to take on bears.The analyst shared his BTC price forecast as the cryptocurrency market bounced from Thursday’s crash.According to Rekt Capital, a potential bearish acceleration is likely after another relief rally, with this based on Bitcoin’s historical chart patterns.“History suggests there’s more downside to come,” he shared on X.Bitcoin traded around $71,190 at the time of writing.The post HBAR surges 15% and XLM gains 10% as Bitcoin reclaims $70K appeared first on CoinJournal.

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Infinite Possibilities has announced plans to launch iPDex, a multi-chain decentralized exchange aggregator.The project is also preparing to introduce its IP Membership NFT.iPDex is designed to route swaps across multiple blockchains, including Ethereum, Solana, BNB Chain, and Base.February 6, 2026 – Infinite Possibilities has announced plans to launch iPDex, a multi-chain decentralized exchange aggregator designed around on-chain activity rather than inflationary incentives.The project is also preparing to introduce its IP Membership NFT, which will provide early access to ecosystem features ahead of the platform’s broader rollout.iPDex is designed to route swaps across multiple blockchains, including Ethereum, Solana, BNB Chain, and Base.According to the team, the platform’s architecture focuses on aligning token issuance and reward distribution with verified trading activity, rather than relying on passive staking or liquidity provision models commonly used in decentralized finance.As part of the launch, Infinite Possibilities plans to introduce IP, a utility token intended to support platform functionality and participation mechanisms across the ecosystem.Token distribution is designed to be linked to on-chain activity recorded through iPDex, with supply growth tied to platform usage rather than predefined emissions schedules.IP Membership programAhead of the public launch of iPDex, Infinite Possibilities will open access to its IP Membership NFT program.The membership is designed to provide participants with early access to platform features, participation tracking, and ecosystem engagement mechanisms during the initial phase of development.Membership participation involves a contribution denominated in USD equivalent, with participation levels tracked through an internal, non-transferable metric used to measure verified activity within the ecosystem.Following the membership phase, eligible participants may receive IP tokens based on recorded participation, subject to the program’s published terms and conditions.The company notes that the membership program is intended to support early ecosystem development and community engagement, rather than serve as a speculative investment product.Platform development focusInfinite Possibilities states that iPDex is being developed with an emphasis on protocol-managed liquidity, automated execution mechanisms, and cross-chain trading infrastructure.The project aims to reduce reliance on user-supplied liquidity while enabling participation through on-chain activity and platform usage.Additional ecosystem tools, including market data and analytics products, are planned as part of the broader Infinite Possibilities roadmap.Looking aheadThe iPDex platform and IP Membership NFT program are expected to launch soon.Further details regarding participation mechanics, eligibility requirements, and platform features will be released through Infinite Possibilities’ official channels.More information is available at: IP Website | Twitter (X) | Telegram | NFT Membership Sale | BitMarketCap Website | Hacken ReportThe post Infinite Possibilities announces upcoming launch of Proof-of-Activity DEX and IP Membership program appeared first on CoinJournal.

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Bitcoin (BTC) is showing early buy signals amid an ongoing correction near $69,500.The key support levels at $65,800 and $60,100 attract dip buyers.A break above $74,500 could trigger renewed bullish momentum.Bitcoin has been in a volatile state over the past month, with prices hovering near $69,500.The cryptocurrency has faced a 23.2% drop over the last month, signalling a deeper correction in progress.Despite the decline, recent market activity suggests early buy signals are starting to emerge.Bitcoin price trapped in a sideways phaseBTC is currently trading in a sideways range between $62,800 and $78,900 over the past seven days.This range indicates indecision among traders, with neither bulls nor bears fully controlling the market.Analyst Doctor Profit warn that this sideways phase could be a trap, potentially leading to a deeper drop toward $44,000–$50,000.However, this view is balanced by macroeconomic developments that may provide temporary support for Bitcoin.The recent rebound above $70,000 came after a short squeeze pushed BTC higher, liquidating over $245 million in positions.This shows that buying pressure still exists, particularly from opportunistic traders looking to enter at perceived lows.Liquidity remains relatively strong, with 24-hour trading volume exceeding $46 billion, suggesting continued investor participation.Bitcoin technical outlook: the buy signalsFrom a technical standpoint, Bitcoin remains capped below key resistance at $69,000–$69,500.Breaking above this level is essential for bulls to regain control of short-term momentum.On the flip side, the support levels at $65,800 and $60,100 provide clear thresholds where buyers may step in.Recent dip buying indicates that some traders are accumulating Bitcoin during the correction.Notably, the reset of leveraged positions in derivatives markets points to reduced short-term selling pressure.Meanwhile, macro factors such as strong US economic data and Federal Reserve liquidity injections provide additional tailwinds.Political events like Japan’s election have also lifted global risk appetite, indirectly supporting BTC and other risk assets.Historical trends show that Bitcoin often experiences deep corrections after major rallies, making the current slump consistent with past market cycles.The all-time high of $126,080, reached in October 2025, remains distant, but the current consolidation may offer opportunities for medium-term accumulation.Analysts emphasise that patience is critical, as further volatility is expected before a sustained uptrend emerges.Bulls should watch these key technical zones carefully, knowing that a breakout above $74,500 could signal renewed upward momentum.Conversely, a fall below $65,800 could intensify selling and extend the correction phase.Overall, the market is balancing between lingering bearish pressure and emerging buying interest, creating a cautious but potentially rewarding environment.Investors with a longer-term perspective may view current prices as an entry point amid market-wide corrections.Short-term traders should remain alert to both upside breakouts and downside risks in the coming weeks.The post Bitcoin price outlook: buy signals appear amid deep BTC correction appeared first on CoinJournal.

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AXS jumps over 15% after bouncing off $1.20 support amid rising trading activity.bAXS rollout and higher volume fuel rally, but broader market sentiment stays weak.Failure above $1.60 may signal a dead cat bounce, with downside risk toward $0.80.Gaming token Axie Infinity is up by more than 15% in the past 24 hours as bulls show a notable bounce off the $1.20 support level.The AXS price ticked up amid heightened trader activity, with the intraday surge pushing the cryptocurrency towards the top 100 by market capitalization.However, with sentiment across the market still fragile, the big question is whether the upward move signals renewed bullish momentum or merely a fleeting “dead cat bounce”.Why is Axie Infinity price up today?AXS is among the top altcoin gainers with double-digit advances on February 9, 2026, posting gains that outpace all top 10 coins by market cap.This outperformance coincides with Bitcoin’s steady hold above $70,000, bolstered by fresh institutional buying such as Binance’s acquisition of 4,225 BTC as it looks to convert its $1 billion SAFU Fund into BTC.While the buying, much like Strategy’s (formerly known as MicoStrategy) BTC purchase over the past weeks, has not triggered bulls, stability has benefited small altcoins.Notably, trader interest in AXS has also spiked following recent announcements from Sky Mavis, the developer behind Axie Infinity, regarding the rollout of bAXS.The token offers in-ecosystem utility as well as staking and gameplay rewards, and bulls have shown excitement since the news.What is bAXS and what can you do with it?bAXS will do the same things as AXS: Use it to ascend, evolve, and breed axies. Spend it in-game, forge new items on App.axie, and more. Over time, we’ll also distribute most rewards in bAXS. The difference between both tokens is… pic.twitter.com/X8kcpNTlGf— Axie Infinity (@AxieInfinity) February 5, 2026Axie Infinity price outlook: Momentum or dead cat bounce?AXS recently surged to highs near $3 earlier in the year, before plummeting sharply amid last week’s market bloodbath.The intraday gains of over 15% has therefore emboldened bulls, who targeted strength above $1.50.Accompanied by a 250% spike in trading volume, AXS rose to above $1.56 as of writing.The 4-hour chart shows a potential falling wedge breakout, with the RSI and MACD signaling room for more gains.Axie Infinity Price ChartAxie Infinity price chart by TradingViewHowever, the broader crypto market remains mired in bearish sentiment.Weakness, despite the impending bAXS airdrop, also saw bears retest the downtrend line from above $4.54.Losses may mean fleeting gains or what analysts call a “dead cat bounce” scenario.The outlook of the RSI on the 4-hour chart suggests fresh selling may strengthen this prospect.In this case, a breakdown below the pivotal $1.20 support could accelerate downside momentum, potentially driving AXS toward lows of $0.80.Prior accumulation zones sit here and might offer relief.On the downside, a decisive close above $1.60 could invalidate the short-term bearish setup and allow buyers to test horizontal resistance near $3.00.The post Axie Infinity price jumps 15% after bounce, dead cat bounce risk remains appeared first on CoinJournal.

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Ethereum (ETH) drops toward $2,000 amid continued market volatility and selling pressure.Whale moves, ETF activity, and Bitcoin weakness fuel the recent decline.MVRV suggests ETH may be near a historical bottom, signalling potential rebound.Ethereum’s recent rebound appears to be losing steam after the cryptocurrency reached a high of $2,136.The coin is now quickly slipping towards the $2,000 mark, marking a continuation of a downtrend that has persisted over the past month.Ethereum (ETH) is currently trading around $2,015, representing a 34.9% decline over the last month.The sharp monthly decline is part of a broader pattern of volatility in the crypto market this year.Trading volumes, however, remain elevated, with over $21.5 billion worth of tokens exchanged in the last 24 hours.Market factors driving the ETH price declineSeveral factors are contributing to Ethereum’s recent weakness.One of the main drivers is elevated volatility in the derivatives and ETF markets.Recent activity in Ethereum ETFs and Bitcoin-linked derivatives has amplified price swings.Whale movements have also added pressure.Large holders transferring ETH to exchanges can trigger panic selling, and reports indicate this has happened in recent weeks.Bitcoin’s recent weakness has further weighed on Ethereum, given the strong correlation between the two cryptocurrencies.Analysts also point to the breakdown of key support levels near $3,000 as a signal of continued downside risk.Ethereum’s 7-day range of $1,824 to $2,369 highlights just how volatile the market has been.But despite the downward pressure, Ethereum’s network activity remains robust.Daily transactions and active addresses have not declined, signalling that usage of the blockchain remains strong.This suggests that fundamentals may still support the network even if prices are under pressure.Could a market bottom be near?On-chain analysis offers a possible silver lining for Ethereum investors.The Market Value to Realised Value (MVRV) metric on Santiment indicates that ETH has approached historically significant levels.The coin recently traded below the 0.80 MVRV pricing band, a zone that historically corresponds with market bottoms.This level often signals that many investors are at a loss, creating conditions for accumulation.Previous dips below this band have been followed by sustained price recoveries over weeks and months.Current readings suggest Ethereum is undervalued relative to recent history, though the deepest bottom has not yet been confirmed.If ETH continues to hold near $2,000 and rebounds, it could mark the start of a longer-term recovery phase.Traders and long-term holders will be watching closely for confirmation of support around this level.Ultimately, the short-term trend is bearish, but on-chain indicators suggest that Ethereum’s decline may be nearing a turning point.The coming days will be critical in determining whether ETH stabilises or continues its descent toward lower support levels.The post Is the Ethereum rebound over? ETH price slips towards $2k after hitting $2,136 appeared first on CoinJournal.

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World Liberty Financial’s price traded to highs of $0.1145 in the early hours on Monday.The WLFI token could break to $0.14 or higher if bulls hold.Broader market conditions may derail the momentum.WLFI, the native token of the World Liberty Financial project, posted double-digit gains early on Monday, rebounding from losses that saw prices slide to lows near $0.09 on Friday.Data from CoinMarketCap showed WLFI climbing more than 12% to intraday highs of $0.1145, placing it among the day’s top performers alongside Axie Infinity.The rally was supported by a sharp rise in trading activity, with 24-hour volume surging 98% to more than $228 million.The move also coincided with Bitcoin and Ethereum hovering near $70,000 and $2,000, respectively.The rebound suggests the token is attempting to recover quickly from the lows recorded during last week’s broader market sell-off.WLFI price jumps to near $0.12WLFI’s upward momentum propelled the token close to $0.12, with likely bullish drivers being a confluence of whale accumulation and an upcoming high-profile event.Blockchain analytics firm Lookonchain reported that a new wallet had deployed $10 million in USDC to acquire 47.6 million WLFI tokens.The large purchase was at an average price of $0.109, and data showed the whale still held more than $4.8 million of dry powder ready for fresh buying.Adding to the bullish sentiment is the anticipation surrounding the World Liberty Forum.The event is slated for February 18 at Mar-a-Lago, and could feature investment heavyweights from Goldman Sachs, Franklin Templeton, and FIFA.These developments come despite the latest spotlight on World Liberty Financial from Democrats, largely around the $500 million investment into the project by the UAE.Investors defying the negative sentiment from this development look to have added to the buying pressure that pushed WLFI toward the $0.12 supply wall.World Liberty Financial price predictionTechnical indicators on WLFI’s four-hour chart point to a strengthening near-term outlook, with prices trading above the midline of a descending channel.Further upside could see the token test the upper boundary of the channel.From a technical perspective, this setup suggests the potential for a breakout, with a key supply zone located around $0.14.WLFI Price ChartWLFI price chart by TradingViewMomentum indicators are also supportive. The Moving Average Convergence Divergence (MACD) has registered a bullish crossover, while the Relative Strength Index (RSI) is hovering near 47, indicating neutral-to-bullish conditions as the market recovers from earlier overbought levels.Traders are now focused on $0.14 as the main resistance level.A sustained move above this zone could open the way toward $0.16, where the upper Bollinger Band and previous support levels converge.On the downside, a failure to hold support near $0.13 could trigger a pullback toward the lower end of the channel, around $0.10, underscoring the importance of strong volume confirmation for any further upside move.The post WLFI price outlook as bulls target key resistance at $0.14 appeared first on CoinJournal.

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