Andrey Grachev predicts the cryptocurrency market is approaching its bottom, with potential volatility of approximately 15% around current Bitcoin prices. While upward movement is not guaranteed, he suggests this environment could attract increased capital inflows. Additionally, merger and acquisition activity is reportedly active, with several projects and companies being acquired. Some revenue-generating firms are considering initial public offerings, reflecting a long-term outlook on cryptocurrency growth.

Bitcoin's fear and greed index drops to 14, signaling extreme fear in the market.

The Bitcoin fear and greed index has dropped to 14, signaling extreme fear among investors.

YALA declined 27%, while RVV fell 22% following their removal from Binance Futures.

YALA declined 27% and RVV fell 22% following their removal from Binance Futures.

For detailed charts, visit the RVV chart here and the YALA chart here.

The capitulation rate for Bitcoin experienced its second-largest increase in two years, according to Glassnode, signaling a substantial rise in forced selling. Such conditions typically prompt increased risk management measures and heighten market volatility as investors reassess their positions.

Ether ETHZilla Treasury enters real estate tokenization through a $4.7 million loan agreement. coindesk.com

JPMorgan Chase: When considering risk and return, BTC has become much more appealing than gold. Its volatility relative to gold has declined to record lows, suggesting significant long-term growth potential.

JPMorgan Chase: When considering risk and return, BTC has become much more appealing than gold. Its volatility compared to gold has dropped to record lows, indicating that BTC has considerable potential for growth in the long run.

Brazil advances towards banning algorithmic stablecoins following congressional committee approval of Bill 4308/2024. The legislation requires all stablecoins to be fully backed by designated reserves and prohibits uncollateralized models such as Ethena's USDe, FRAX, and others.

Initial jobless claims rose to 231,000 from 209,000 last week.

Robinhood US has added ZRO to its listings.

Huddle01 has launched the HUDL token sale, employing a CCA format without KYC requirements, scheduled to run until February 11, with a reservation deadline on February 24. The initial valuation is set at $20 million with 20 million tokens available, representing 10% of the total supply. Half of the tokens are allocated for community distribution. More details are available at x.com.

Huddle01 has launched the HUDL token sale, conducted via a community crowdfunding approach that does not require KYC, running until February 11, with a potential closing date of February 24. The offering is valued at a fully diluted valuation of $20 million, with 20 million tokens available, representing 10% of the total supply. Half of the tokens are allocated to the community. For further details, visit x.com.

U.S. job openings in December totaled 6.452 million, below the estimated 7.200 million and down from 7.146 million in the previous month.

Sberbank plans to provide crypto-backed loans to its corporate clients, signaling a move into digital asset financing. reuters

Tether has announced a $100 million strategic equity investment in Anchorage Digital.

Deutsche Bank notes that the recent Bitcoin sell-off signals waning investor confidence rather than a fundamental market collapse.

Markets experience sharp decline today amid widespread investor concerns.

# Market Declines Sharply Today

Deribit reports over $2.5 billion in cryptocurrency options set to expire tomorrow at 8:00 UTC (11:00 Moscow time). Open interest for Bitcoin is concentrated mainly in the $80,000 to $90,000 range. Increased put option activity suggests traders are adopting a more cautious stance. The upcoming expiration may serve as a short-term reset for dealer hedging activities, potentially reducing large strike position influence. Post-expiration price movements could differ from recent trends prior to 08:00 UTC.