Paradex confirmed a Token Generation Event (TGE) for its native token DIME targeting the last week of February or the first week of March (post–Chinese New Year); the Paradex Foundation will announce the exact date. At TGE, 25% of DIME’s total supply will be airdropped, fully unlocked, to all XP holders. Season 2 XP participants will receive 20% of supply (up from a prior 15%), while Pre‑Season and Season 1 holders retain a combined 5%—bringing total user‑focused allocations to 50%, with 45% tied directly to XP holders. Paradex said XP Season 2 drove major on‑chain growth: average daily trading volume rose from $68M to $2.1B, open interest from $28M to $679M, TVL from $25M to $218M, and users from 4.1k to 70.3k. During the final week (Jan 23–29) Paradex distributed 6 million XP and ran referral/affiliate rewards plus exclusive BadgerBox drops; a final waitlist snapshot is scheduled for Jan 31 00:00 UTC. XP Season 3 launches Feb 1 and expands XP accrual to spot trading, real‑world assets (RWA), perpetuals and options; XP accumulation resumes immediately but the first weekly XP distribution will occur after TGE to prioritise a smooth token launch. DIME will initially list on Paradex spot markets. Implications for traders: a large unlocked airdrop and heavy XP‑linked allocations signal potential immediate sell pressure at listing but also incentivise active trading and platform use; watch Paradex orderbooks, initial listing liquidity, and vesting/lockup communications for short‑term volatility and liquidity cues. Keywords: DIME, Paradex, TGE, airdrop, XP Season 2, listing, spot markets.
iShares by BlackRock added 750,000 units to its Bitcoin exchange-traded product (ETP) over the past week, reflecting growing institutional demand from Wall Street. The new allocation increases iShares’ holdings and signals renewed appetite for Bitcoin exposure through regulated investment vehicles. Market observers link the move to broader macro and regulatory developments that have made Bitcoin products more accessible to large investors.
Key points:
- iShares bought 750,000 Bitcoin ETP units in the last week.
- The purchase underscores rising institutional interest in Bitcoin via ETPs and ETFs.
- The development may boost liquidity and investor confidence in regulated Bitcoin products.
- Analysts note parallels with prior periods when large ETP/ETF inflows corresponded with upward price pressure on BTC.
Primary SEO keywords: Bitcoin, Bitcoin ETP, iShares, institutional demand. Secondary keywords: Bitcoin ETF, Wall Street appetite, BlackRock, crypto investment vehicles. The main keyword “Bitcoin” appears multiple times to aid discoverability. Short sentences and paragraphs are used for readability.
Cameron and Tyler Winklevoss transferred 188.4547 BTC to their Super PAC, the Digital Freedom Fund, in August 2025 when bitcoin traded near $114,000. The Super PAC disclosed the gift in Federal Election Commission filings and chose to hold the crypto rather than immediately convert it to cash. By December 31 the bitcoin price had fallen to below $88,000, reducing the USD valuation of the donation by roughly $5 million. The group raised over $22 million in the final five months of 2025, including a separate $1 million cash donation reported from Payward Inc. (Kraken’s operator), and had about $723,000 in cash on hand. Federal rules do not require immediate liquidation of cryptocurrency donations, so some political groups retain crypto and accept valuation risk. For traders, the case highlights how political acceptance and retention of large crypto donations can introduce meaningful sell pressure or volatility if recipients decide to convert holdings, and it underlines the valuation risk associated with holding large, non-cash crypto donations through volatile markets.
Crypto analytics firm Santiment reports that market sentiment has fallen to year-to-date lows, with social-media negativity and a high ratio of bearish to bullish comments. Santiment identifies this prolonged extreme fear as one of the few clear bullish signals currently visible, suggesting the persistent panic could presage a market reversal or rebound. The observation is positioned as market information only and not investment advice. Primary keywords: crypto sentiment, Santiment, market fear. Secondary/semantic keywords: social-media negativity, bearish ratio, market reversal, rebound. Santiment’s takeaway: extreme fear may provide a contrarian buying opportunity for traders watching for signs of sentiment-driven bottoms.
XRP’s recent rally turned a $10,000 stake at $0.50 (November 2024) into roughly $73,200 by the July 2025 peak at $3.66, a nine-month gain that traditional U.S. savings accounts would take decades to match. At prevailing rates, the FDIC national average (0.39% APY) would need ~511 years and the Bankrate average (0.61% APY) ~327 years to reach the same sum. Even high-yield online savings at ~5.0% APY would require about 40.7 years with annual compounding (≈39.8 years with monthly compounding). The story underscores the rapid upside potential of crypto rallies and the contrast with the safety and slow returns of bank savings, while reminding readers of XRP’s inherent volatility and downside risk. This content is informational and not financial advice.
The U.S. government entered a partial shutdown after the House of Representatives postponed a final vote on a continuing resolution that the Senate had already passed. The funding lapse took effect at midnight and affects federal agencies that lack full-year appropriations for fiscal 2025. Essential services tied to national security and public safety continue, often without immediate pay; non-essential employees are furloughed. Immediate disruptions include slowed passport and visa processing, restricted national park services, paused government-funded research, and suspended contractor work. The delay stems from intra-House disagreements over spending levels and policy riders; members left Washington and plan to reconvene on February 2. Historical context: U.S. funding gaps have occurred frequently, averaging about three days since 1980, though the 2018–2019 shutdown lasted 35 days and depressed GDP growth. Resolution requires a House majority vote on the pending bill and the President’s signature; furloughed staff have historically received backpay after resolution. Traders should note potential short-term market volatility and risk-off moves while the impasse persists, but debt-service and mandatory entitlement payments are unaffected.
Neutral
U.S. government shutdownfiscal policymarket volatilityfederal fundingtrader risk
XRP trades around $1.74 and is just 2.14% above its long liquidation "max pain" at $1.7224, while the short-side "max pain" sits at $2.0948—about 20.13% above current levels. Short positions outsize longs by roughly 10x, creating concentrated short exposure that could fuel a rapid squeeze if price momentum and funding rates turn positive. The token has held within a $1.72–$1.76 liquidity band after losing the $1.89 structural level and rejecting near $1.93, suggesting a stall that can precede sharp moves. If XRP reaches $2 (or re-tests $2.0947), it could trigger substantial short-covering and margin liquidations in February, especially once funding stabilizes and market sentiment improves. Key data source: CoinGlass; reported price levels and percentage proximity to max pain thresholds.
A large liquidation wave swept crypto perpetual futures on March 21, 2025, totaling roughly $269.01 million across major exchanges (Binance, Bybit, OKX and others). Ethereum (ETH) led the event with about $147.00M liquidated — roughly 83% were leveraged long positions — producing a concentrated ETH long squeeze. Bitcoin (BTC) experienced $87.71M in liquidations; unlike ETH, BTC liquidations showed a higher share of shorts (~62.6%), indicating mixed dynamics across assets. A silver token (XAG) accounted for $34.30M, primarily long liquidations. Aggregated data point to cascading automated closes triggered by perpetual mechanics: high leverage, funding-rate pressures, maintenance margin thresholds and liquidation engines. Contributing factors included elevated on-chain leverage, a rotation of volume from spot to derivatives, renewed macro uncertainty around interest rates, and speculation ahead of Ethereum’s Pectra upgrade. Exchanges reported no major outages; the event trimmed system-wide leverage, widened spreads and briefly increased fee revenue. Trader takeaways: reduce leverage, widen stop-loss buffers away from common liquidation clusters, monitor funding rates and liquidation heatmaps, and prefer exchanges with robust matching engines during spikes in volatility. The episode underscores the systemic risk of one-sided leverage in perpetuals and the need for disciplined risk management.
Bitcoin (BTC) has dropped toward the $82,000–$83,000 area after a nearly 9% one‑day retrace and is attempting to turn that zone into support. Analysts warn the loss of weekly macro supports — notably the 100‑week EMA and the bottom of a multi‑month Macro Triangle — increases the risk of a deeper bear market. Chart analyst Ted Pillows highlighted historical precedents: previous weekly closes below the 100‑week EMA (2018 and 2022) preceded ~50% losses within weeks, and cycle tops then produced bear-market retracements of 77–83%, implying a possible BTC bottom near $30,000 if history repeats. Rekt Capital flagged a breakdown from the Macro Triangle bottom would “confirm bearish acceleration,” while noting an imminent EMA crossover is signalling weakness rather than directly predicting further falls. Bitcoin trades around $83,100 on the weekly chart. Key keywords: Bitcoin, BTC price, 100‑week EMA, Macro Triangle, $30,000 target, bearish acceleration.
Tether reported net profits exceeding $10 billion for 2025 alongside a record expansion of USDT supply and reserve assets. A BDO attestation for figures to Dec. 31, 2025, shows Tether issued nearly $50 billion of new USDT during the year (about $30 billion in H2), taking circulating USDT above $186 billion. Total reserve assets rose to roughly $193 billion, exceeding liabilities by around $6.3 billion in excess reserves. Management disclosed total assets of $192.88 billion and total liabilities of $186.54 billion (about $186.45 billion tied to issued tokens). Direct holdings of U.S. Treasuries reached $122+ billion and, including overnight reverse repos, total Treasury exposure exceeded $141 billion—placing Tether among the world’s largest holders of U.S. government debt. Tether also holds substantial gold (about $17.4 billion) and Bitcoin (about $8.4 billion). Separately, the company disclosed over $20 billion in private investments (not counted in backing reserves) across AI, energy, fintech, media, agriculture, land and digital-asset treasury companies, funded from excess capital and profits. CEO Paolo Ardoino cited structural dollar demand outside traditional banking rails and signalled plans for a regulated USAT stablecoin aimed at U.S. institutions. For traders: the report highlights continued USDT supply growth and increased allocation to high-grade liquidity (U.S. Treasuries) while maintaining crypto exposure via BTC and USDT — factors that can affect stablecoin liquidity, market confidence, and on‑chain flows. Key SEO keywords: Tether, USDT supply, stablecoin reserves, U.S. Treasuries, excess reserves.
Former Binance CEO Changpeng Zhao (CZ) denied that Binance materially caused the October 10–12 liquidation wave that wiped out roughly $19.1 billion of leveraged crypto positions. In a Binance social Q&A he called claims the exchange triggered the cascade “absurd,” noting Bitcoin fell over 15% in 48 hours and liquidations were spread across major venues. CZ cited analytics showing Binance’s share of liquidations matched its market share and said the exchange’s risk-management and insurance fund performed as intended; he also noted a completed ~$600 million compensation program for verified technical-loss cases. Industry responses were mixed: OKX CEO Star Xu blamed aggressive marketing and potential collateral reuse in Binance-linked products (USDe) for creating dangerous feedback loops, while Wintermute founder Evgeny Gaevoy and several analysts argued the crash resulted from market-wide excessive leverage, thin liquidity and macro shocks (notably stronger-than-expected U.S. inflation data and tariff-related news) that prompted cross-exchange deleveraging. The episode revived calls for stricter leverage caps, clearer risk disclosures, improvements in collateral design and better exchange operational resilience. For traders: monitor liquidation metrics, funding rates and cross-exchange liquidity; prioritize position sizing and leverage controls, and watch macro data and policy news that can trigger rapid, system-wide deleveraging.
Bitcoin monthly futures trading volume fell to about $1.09 trillion in January, the lowest level since 2024, signaling a notable slowdown in derivatives activity, according to CryptoQuant. Monthly volumes had frequently topped $2 trillion earlier in the cycle. Trading has become highly concentrated: Binance led with roughly $378 billion in futures volume, followed by OKX (~$169 billion) and Bybit (~$156 billion). Analysts interpret the drop as a consolidation phase—reduced speculative leverage and more cautious positioning—rather than forced deleveraging or market stress. Liquidity remains concentrated in a few deep venues, keeping markets orderly. Concurrently, BTC price action shows a corrective phase: BTC trading near $82,800, sitting just above the 100-week moving average after a pullback from highs above $120K; the 50-week MA is acting as resistance while the 200-week MA remains well below spot. Lower futures volume and compressed volatility indicate short-term speculative cooldown and consolidation, with potential for renewed activity if volatility and directional conviction return.
Crypto analytics firm Santiment says extreme negative social media sentiment — reflected by the Crypto Fear & Greed Index at “Extreme Fear” (score ~16–20) — is one of the few strong bullish signals in the current market. Santiment notes the bearish-to-bullish comment ratio is heavily skewed toward fear, and historically contrarian crowd sentiment often precedes rebounds. Bitcoin has fallen nearly 7% over the past seven days and is down ~4.1% over 30 days, trading near $83,950; Ether is down over 9%, trading near $2,690. Analysts differ on whether this forebodes a sustained rotation from gold/precious metals into crypto; Benjamin Cowen warned a near-term rotation to Bitcoin is unlikely, while Coinbase and Bitwise executives said low sentiment may be a temporary “blip” as legacy finance firms hire for crypto roles. For traders: extreme fear readings can indicate high risk but also potential buying opportunities if other technical and on-chain indicators align.
Lighter has partnered with Axiom to launch Lighter EVM, an EVM-equivalent rollup designed to interoperate natively with the Lighter ecosystem. The Lighter EVM enables general-purpose applications to combine low-latency access to Lighter’s marketplace and liquidity. It will operate as a general-purpose rollup secured by the OpenVM zkVM while remaining compatible with Lighter’s core financial engine that supports trading platforms and spot markets. The integration aims to let developers deploy EVM-style dApps that directly leverage Lighter’s liquidity and market features with minimal latency. No launch date, token changes, or financial metrics were disclosed.
Santiment on-chain analytics show addresses holding 100,000–100,000,000 ADA increased collective holdings by about 455 million ADA between March and April 2025. The accumulation occurred as smaller retail wallets trimmed positions, moving supply from weak hands to stronger wallets. Supporting metrics include net outflows from exchanges to private wallets, rising non-zero address counts, and large transfers among whale addresses. Analysts note this pattern—whale accumulation during market downtimes—has historically preceded price rebounds because reduced exchange liquidity and concentrated holdings can support price floors and signal institutional conviction in Cardano’s fundamentals (smart-contract upgrades, expanding DeFi activity and rising TVL). However, experts caution whale activity is only one indicator: concentrated holdings raise liquidity and sell-pressure risks if large holders decide to exit. Traders should monitor exchange flows, on-chain holder distribution, whale accumulation levels and macro/regulatory developments for confirmation. Primary keywords: Cardano, ADA, whale accumulation, on-chain data. Secondary/semantic keywords: retail sell-off, circulating supply, Santiment, market correction, price support.
US regulators have taken a notable step toward coordinated oversight of crypto markets as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) move to align regulatory approaches. The development follows months of enforcement actions, legal disputes and policy debates that left market participants seeking clarity. Key elements include increased inter-agency cooperation, clearer jurisdictional boundaries for securities vs. commodities, and steps to streamline registration and compliance for exchanges and token projects. Senior officials from both agencies signalled willingness to share data, harmonise enforcement priorities and reduce duplicative processes. Market participants can expect more predictable rule-making, faster resolution of jurisdictional disputes and potentially new guidelines for token classification and custody standards. This shift aims to reduce legal uncertainty that has contributed to volatility and hampered institutional participation. Traders should watch for forthcoming joint guidance, rule proposals, and enforcement memoranda that could affect listings, on‑chain compliance, derivatives approvals, and capital inflows. Primary keywords: crypto regulation, SEC, CFTC. Secondary/semantic keywords: jurisdiction, token classification, custody standards, market clarity, enforcement coordination.
Key XRPL stakeholders, led by XRP treasury firm Evernorth, are positioning the Ripple-backed ledger for “institutional DeFi” by adopting a native XRP lending protocol (XLS-66) currently on testnet. Evernorth said the protocol will be its core digital-asset strategy and aims to enable single-asset vaults and fixed-rate loans, which the firm describes as a potential multi-billion-dollar annual yield opportunity for the XRP ecosystem. XRPL’s DeFi TVL has fallen from roughly $100 million to $60 million, trailing rivals like BNB Chain ($6.5B TVL) and Solana ($9.3B TVL). Ripple’s stablecoin RLUSD recently surpassed $1 billion in supply, signaling some institutional traction. On-chain metrics show mixed signals: 42 wallets holding 1M+ XRP resumed accumulation for the first time since September, per Santiment, but 30-day whale flow remains net-seller according to CryptoQuant, though selling pressure eased in January. XRP price was consolidating near $1.70 at publication. For traders: the XLS-66 lending upgrade could materially increase on-chain liquidity and yield products for XRP if adopted by institutions, but current low TVL and mixed whale flows mean short-term volatility and limited automatic upside until adoption and TVL growth are proven.
U.S. spot Ethereum ETFs have experienced notable redemption pressure across late December 2024 and into January 2025. Initial year‑end flows showed modest four‑day net outflows (~$30M) attributed to portfolio rebalancing and macro uncertainty; on January 30, 2025, Farside Investors reported a much larger combined net outflow of $252.9 million. BlackRock’s iShares Ethereum Trust (ETHA) led withdrawals on Jan 30 with $157.2M redeemed, while Fidelity’s Wise Origin Ethereum Fund (FETH) saw $95.7M exit. Analysts say these moves likely reflect short‑term profit‑taking, client rebalancing and reaction to macro signals rather than structural product failure. Because spot ETH ETFs hold physical ETH, large authorized‑participant redemptions can force sales of ETH in the spot market, creating downward price pressure if sustained. Traders should watch whether outflows continue into January and Q1 2025 — persistent redemptions would signal broader negative sentiment, while a quick reversal would indicate a temporary correction. Key drivers to monitor: ETF flows, market volatility, interest‑rate expectations, regulatory updates and technical price levels. Historical Bitcoin ETF experience suggests initial flow volatility can settle as products mature; the decisive metric is cumulative net flows over weeks and quarters rather than single‑day changes.
Lighter has launched Lighter EVM, a general-purpose optimistic rollup fully compatible with the Ethereum Virtual Machine (EVM). Announced April 15, 2025, the rollup moves Lighter beyond its perpetual futures DEX roots into a broader Layer‑2 ecosystem. Lighter EVM executes transactions off‑chain and posts compressed proofs on Ethereum, lowering gas costs and increasing throughput while preserving Layer‑1 security. EVM compatibility allows developers to port Solidity contracts and use common tooling (Hardhat, Remix) with minimal changes. The rollup uses optimistic fraud proofs and batches transactions to reduce fees, positioning it against established optimistic rollups such as Arbitrum and Optimism and zk alternatives like zkSync. Lighter aims to leverage existing user liquidity from its perpetuals exchange to bootstrap activity and has outlined plans to integrate major DeFi primitives (citing ambitions to host Uniswap and Aave). Key trader implications: potential increase in transaction capacity and lower fees for on‑chain DeFi actions, improved capital efficiency if trading and lending are integrated, and possible short‑term TVL inflows driven by incentives. Risks include fierce Layer‑2 competition, reliance on security audits, bridge reliability, and the need to attract independent developers for sustained growth. This announcement is strategically significant for developers and DeFi users seeking lower‑cost EVM environments, but market impact will depend on execution, incentives, and adoption.
Bitcoin spot ETFs experienced a net outflow of $510 million on January 30 (US ET), marking the fourth consecutive day of withdrawals, according to SoSoValue. BlackRock’s IBIT led outflows with $528 million redeemed in a single day, though IBIT retains large cumulative inflows (~$61.96 billion). Meanwhile, ARK Invest / 21Shares’ ARKB posted the largest single-day inflow among ETFs with $8.34 million, and Fidelity’s FBTC added $7.30 million on the day. Total assets under management for Bitcoin spot ETFs stood at $106.96 billion, about 6.38% of Bitcoin’s market cap, with cumulative net inflows since launch near $55.01 billion. Compared with earlier reports showing smaller daily flows and a higher AUM (~$113.54B on Jan 26), the latest data indicate renewed and concentrated outflows driven mainly by the flagship IBIT product. Traders should note that large, concentrated redemptions from major ETFs can reduce market liquidity and amplify short-term price pressure on BTC, while smaller inflows into alternative ETFs (ARKB, FBTC) suggest some rotation within ETF allocations.
Jupiter has launched Offerbook, a permissionless peer-to-peer (P2P) lending marketplace on Solana that allows users to lend and borrow any on‑chain asset without centralized permissioning. Offerbook supports time‑based P2P loans and deliberately avoids price‑based liquidations. Lenders and borrowers can use tokens, real‑world assets (RWA) and NFTs as collateral or loanable assets. The product targets greater composability and flexible credit arrangements within Solana’s ecosystem, enabling traders and institutions to create bespoke lending offers directly on‑chain. No specific launch metrics, TVL or partner integrations were disclosed in the announcement. Jupiter framed the release as a market infrastructure move to expand asset access and decentralized credit on Solana.
The U.S. federal government entered a partial shutdown on Jan. 31 after funding for multiple agencies ran out because a new budget had not been approved. The lapse comes less than three months after the 43-day shutdown last year. Even if the budget currently under congressional consideration passes, some departments would receive only two-week funding extensions, creating a risk of another short stopgap shutdown in about two weeks. The development increases political and fiscal uncertainty that could affect market sentiment and short-term liquidity.
Neutral
US government shutdownfiscal uncertaintybudget stalematemarket sentimentshort-term risk
Nomura Holdings has tightened risk controls for its crypto business after reporting losses in its European operations partly linked to digital-asset market setbacks. CFO Hiroyuki Moriuchi said measures aim to limit short-term earnings volatility while the firm reduces near-term exposure to digital assets. Despite a quarterly profit decline driven by European losses and one-off costs from the $1.8 billion acquisition of Macquarie Group’s US and European public asset management unit, Nomura reiterated a long-term commitment to crypto. The bank is the parent company of Laser Digital, its digital-asset arm, which is seeking approval to operate as a federally chartered bank in the US. The changes are positioned as risk-management adjustments to stabilize earnings rather than an exit from the crypto sector.
Tennessee state representative Jody Barrett has introduced a bill to establish a "Tennessee Strategic Bitcoin Reserve." The proposal would create a state-held reserve of bitcoin, positioning Tennessee among U.S. jurisdictions exploring public-sector holdings of cryptocurrency. Details on funding sources, acquisition methods, custody arrangements, and the bill’s legislative timeline were not provided in the initial report. The move reflects growing interest by some U.S. policymakers in using bitcoin as a state asset or hedge. Traders should note that public proposals to create government bitcoin reserves can influence market sentiment and institutional adoption narratives.
Ethereum spot ETFs recorded a combined net outflow of $253 million on January 30 (EST), according to SoSoValue. BlackRock’s iShares Ethereum Trust (ETHA) led the day with a $157 million withdrawal, while Fidelity’s Fidelity Ethereum Fund (FETH) saw $95.7 million pulled. Despite the outflows, ETHA’s cumulative net inflows remain large at $12.242 billion and total spot-ETF assets under management (AUM) stand at $15.857 billion (about 4.9% of Ethereum’s market cap); cumulative historical net inflows equal $11.975 billion. Earlier reporting (TraderT, Jan 29) showed a $178 million single-day outflow led by FETH ($59.2M) and ETHA ($55.2M), indicating a renewed withdrawal pattern after a brief pause. Analysts attribute the moves to sentiment-driven rebalancing — profit-taking, rotation between crypto products, macro factors (interest-rate expectations), and technical flows (options expiries) — rather than a single news shock. For traders: monitor daily ETF flows, ETF NAV premium/discounts, on-chain exchange balances, AUM trends and upcoming macro or protocol events to judge whether flows are an isolated rebalance or the start of a sustained trend.
BingX announced integration of its TradFi suite into BingX AI Bingo, allowing users to access global market data and AI-powered trading-signal interpretation for commodities, forex, stocks, indices and crypto within the BingX platform. The move extends BingX’s AI tools from crypto-only decision support to multi-asset trading workflows, aiming to combine broader market access with real-time, contextual AI analysis. BingX says its TradFi suite has broad adoption and AI Bingo has supported millions of users; Vivien Lin, Chief Product Officer, said the integration unites TradFi opportunities with AI interpretation to simplify multi-market trading. Founded in 2018, BingX serves over 40 million users and offers futures, spot, copy trading and TradFi products. The announcement positions BingX to offer unified AI-driven, multi-asset trading capabilities directly in the exchange experience.
MicroStrategy (MSTR) — long known for using equity issuance and convertible/preferred securities to fund large Bitcoin (BTC) purchases — is under growing stress after a steep share-price decline. Over the past 12 months MSTR fell roughly 58%, pushing its market-adjusted net asset value (mNAV) down to about 1.05–1.07x. That compression reduces the premium that previously made equity issuance accretive to increasing BTC per share. As a result, further Bitcoin buys funded by dilutive share issuance are now more costly to existing shareholders and less attractive for the company. The firm carries significant leverage and obligations (including substantial debt and roughly $876m annualized preferred dividends referenced in earlier reporting), and instruments tied to MSTR equity — notably the 10% Series A Perpetual Preferred (STRD) — may see higher volatility and repricing risk. For traders: MSTR’s ability to act as a leveraged BTC proxy is weakening; the pace of on‑balance‑sheet BTC accumulation may slow; equity and preferred tranches tied to MicroStrategy are likely to show increased downside sensitivity to BTC moves and firm-specific financing decisions. Primary keywords: MicroStrategy, Bitcoin, BTC, mNAV, equity issuance. Secondary keywords: dilution, preferred shares, STRD, debt, accumulation, market premium.
On-chain data shows roughly 101 billion Shiba Inu (SHIB) tokens were withdrawn from centralized exchanges in the past 24 hours, signaling a significant reduction in immediate sell pressure. Large holders appear to be moving tokens to private wallets after months of distribution since late 2024, suggesting accumulation or longer-term holding. SHIB’s price is consolidating inside a tightening triangle (lower highs, slightly higher lows), a pattern that can precede a sharp move in either direction. Short-term downside momentum has eased, with dips seeing increased buying absorption, but longer timeframes remain bearish as moving averages slope down and form overhead resistance. Exchange reserves are declining while inflows and outflows remain high, consistent with active portfolio repositioning rather than market inactivity. For traders, continued net outflows would tighten exchange liquidity, reducing immediate sell capacity and increasing the potential for sharper moves if demand returns; however, falling moving averages and nearby resistance could limit upside. Key points: ~101,000,000,000 SHIB net outflow in 24h; exchange reserves decreasing; price consolidating in a triangle; short-term selling pressure easing but longer-term indicators still bearish.
Pi Network’s PI token plunged to a fresh all-time low of $0.1589 on Jan 29, 2026, down about 94.5% from its $2.99 peak in Feb 2025. Gemini analyzed on-chain and volume data and attributed the crash to a mix of market weakness and loss of investor confidence—noting whales and long-term supporters have stopped defending the price and trading volume has dried up. Gemini warned that with no visible support levels left, PI could drop further to $0.12–$0.14. A short-lived rebound to around $0.18 is possible due to oversold RSI, but Gemini called this likely a “dead cat bounce” that would allow bears to short and push price back down to test $0.14 by week’s end. Traders are advised to wait for consolidation—possible short-term support near $0.16—before considering dip buys. Key metrics: latest ATL $0.1589, ATH $2.99 (Feb 2025), potential downside $0.12–$0.14, possible dead-cat bounce to ~$0.18. Primary keyword: Pi Network; secondary keywords: PI token, all-time low, dead cat bounce, on-chain volume, whales.
Bearish
Pi NetworkPI tokenall-time lowon-chain analysismarket outlook