Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

XRP has entered a stop‑loss phase after on‑chain profitability metrics turned negative. The 7‑day EMA of the Spent Output Profit Ratio (SOPR) fell to 0.96 — the first sustained move below 1.0 since 2022 — indicating coins are being sold at a loss on average. XRP traded around $1.42–$1.45 at press time, down roughly 10% over the past week, 30% in the last month and about 60% from its July 2025 peak of $3.65. Spot volume rose 22% in 24 hours to $3.45bn while futures volume climbed 12% to $5.66bn; open interest slipped slightly to $2.50bn, implying traders are reducing leverage. On‑chain flows show whale selling is muted; selling pressure is concentrated among smaller holders. Technical indicators remain bearish: lower highs on the daily chart, declining 50‑ and 100‑day moving averages acting as resistance, the RSI below neutral, and price hugging the lower Bollinger Band. Key near‑term support sits at $1.35–$1.30, with a decisive daily close below $1.30 raising the probability of a drop toward $1.20. For traders, the setup signals continued downside risk and stop‑loss hunting, with potential short upward spikes that could attract whale selling. Primary keywords: XRP, SOPR, stop‑loss, on‑chain; secondary keywords: spot volume, futures open interest, whale flow, technical resistance.

Bitcoin has stabilized around $70,000 after a significant drawdown, with on-chain data and ETF flows sending mixed signals about near-term direction. Realized value sits near $54,000, meaning most holders remain profitable and broad capitulation is unlikely. However, realized value rising faster than market value points to ongoing selling pressure that could cap upside. Large investors and long-term holders registered sizable inflows—66,940 BTC were accumulated in key addresses on February 6—suggesting absorption of supply and potential downside support. U.S. spot Bitcoin ETFs saw heavy outflows during the sell-off but have recorded inflows as prices steadied in the $60,000–$65,000 range; ETF demand has normalized but is not yet strong enough to trigger a fresh rally. Combined, these factors indicate limited volatility ahead: downside risks are contained by accumulation, while persistent selling likely keeps Bitcoin rangebound near $70,000 in the short term. Traders should watch realized value vs. market value divergence, large-address accumulation, and ETF flow momentum for clues on a breakout or renewed decline.

Google Trends data indicates a notable decline in public interest for cryptocurrencies as the market experiences a pullback. Search volumes for key crypto-related terms have fallen compared with recent highs, reflecting reduced retail attention and engagement. Analysts link the drop in search interest to lower price momentum and fewer headline-driving events, which typically attract new or returning traders. The decline in Google search activity may signal weaker retail inflows and reduced market participation in the short term, potentially increasing volatility during price consolidation. Traders should watch on-chain activity, exchange flows, and order-book liquidity for confirmation of sustained reduced demand. Primary keywords: crypto interest, Google Trends, market pullback, retail sentiment.

Bitcoin rebounded above $71,000 after a sharp sell-off as market sentiment gauges plunged to record low readings. The crypto Fear & Greed Index fell to as low as 5 over the weekend, with a recorded 7 — the lowest on record. MN Capital founder Michaël van de Poppe highlighted deeply oversold signals: Bitcoin’s daily RSI dropped to about 15, levels last seen in the 2018 bear market and March 2020 crash. Derivatives data from CoinGlass shows asymmetric liquidation exposure — roughly $5.45 billion in potential short liquidations above current prices (if BTC rises ~ $10,000) versus about $2.4 billion near $60,000 — suggesting an upward move could trigger short squeezes and accelerate gains. However, structural risks remain: CryptoQuant shows BTC trading well below its 50- and 200-day moving averages and a negative Price Z-Score of -1.6, indicating downside-biased statistical positioning. Analyst Darkfost pointed to selling dominance in derivatives (negative monthly net taker volume), while investor Jelle warned that historical bear-market lows often form below the 0.618 Fibonacci retracement (near $57,000). Traders should weigh short-term relief-rally potential from extreme fear and forced short-covering against persistent technical weakness that could still allow further declines. (Primary keywords: Bitcoin, BTC price, Fear & Greed Index, RSI, liquidations; Secondary keywords: short squeeze, moving averages, Price Z-Score, CryptoQuant, CoinGlass.)

Restaurants that deliberately design music programs can measurably improve guest experience, staff energy, and revenue. Research shows tempo, volume and genre affect dining behavior—slower tempos encourage longer meals and higher spend, while upbeat tracks speed turnover for lunch crowds. Matching playlists to brand identity (e.g., jazz/classical for fine dining, indie for trendy cafés, ambient/electronic for modern concepts) reinforces cohesion across locations. Practical steps include defining audience and ambiance, adjusting music by time of day, regularly updating playlists, and using properly licensed services to avoid legal risks. Case studies show fast-casual venues increase throughput with high-tempo playlists at peak times, while fine-dining sites benefit from curated jazz/classical to encourage lingering. Centralized playlist management tools support consistency for multi-location brands. For operators, music is a strategic, revenue-relevant tool—not merely background noise.

Visual collaboration tools are becoming central to business planning as teams convert complex data into actionable roadmaps. The article reviews four leading diagramming platforms for 2025: Miro (large user base, extensive templates, 3,000+ shapes, 250+ app integrations, strong automation), Lucidchart (enterprise-grade permissions, version control, SOC 2 compliance, deep Atlassian integration), Microsoft Visio (reliable for Windows/Office 365 environments, predictable legacy support), and Draw.io (free, browser-based, file ownership via Google Drive/local storage). Market context: diagramming software revenue is growing (projected from $1B in 2024 to $1.13B in 2025) as companies invest in automation and decision intelligence. Gartner and Deloitte forecasts cited predict rising AI/automation in business decisions, with Gartner estimating 50% of business decisions will be augmented or automated by 2027. The piece advises choosing a platform based on needs: collaboration and automation (Miro), security/compliance (Lucidchart), Microsoft ecosystem compatibility (Visio), or cost-conscious simplicity (Draw.io). No cryptocurrencies or investment advice are provided.

FET (FET/USDT) remains in a clear downtrend and is testing a critical support zone at $0.1558. Short-term indicators are bearish: price sits below EMA20 (≈$0.19), Supertrend resistance near $0.21, and RSI shows oversold conditions (~30–33). Earlier updates showed price around $0.19–$0.17 with strong supports at $0.1694–$0.1848 and correlation to Bitcoin; the latest update shows further weakness, with the spot level near $0.1666 and the $0.1558 support now the key pivot. Analysts identify primary support at $0.1558 and a secondary invalidation/breakdown level at $0.1340 (also aligned with weekly demand and EMA50). A confirmed break below $0.1340 would likely accelerate downside toward a lower target near $0.0453. Near-term resistance is $0.1611, with stronger resistance in the $0.19–$0.21 band; upside targets on a sustained breakout include $0.2971. Liquidity mapping highlights stop-hunt risk below $0.1558 and sell-side liquidity between $0.1611–$0.19, increasing the chance of swift moves from low-volume nodes around $0.16. FET’s price remains highly correlated with Bitcoin; further BTC weakness (key supports cited ~ $68,343 and $62,910) would heighten downside risk. Trading plan for traders: maintain a cautious bias — hold above $0.1558 to favor short-term longs (targets $0.1611–$0.19, stop ~$0.1540); below $0.1558 favors shorts (target $0.1340, stop ~$0.1620). Strict risk management and confirmation by volume are recommended. This is market commentary and not investment advice.

Federal Reserve governor Chris Waller said the post-election crypto enthusiasm driven by the Trump administration has faded, and cryptocurrency markets are increasingly integrated with traditional finance. Waller attributed recent selling pressure to traditional financial firms rebalancing risks amid delayed crypto market-structure legislation in Congress. Bitcoin has fallen from an October peak near $125,000 to trade around $69,000, briefly dropping under $60,000; indicators show a continued downtrend with RSI in oversold territory. Waller also announced the Fed will introduce “skinny master accounts” this year — limited payment accounts for fintech and crypto firms with caps and no interest — to support faster payments while preserving financial stability. The article highlights ETF inflows (Bitcoin ETFs +$144.9M, Ethereum ETFs +$57M on Feb 9) and Binance’s SAFU adding 4,225 BTC (about $300M) as accumulation signals during the decline. Key technical levels: immediate resistance near $70.9K and support near $62.9K–$68.3K. The commentary notes market volatility is inherent to crypto and recommends traders consider ETF flows and institutional balance-sheet moves when sizing positions.

Taiwan’s tech sector, led by semiconductors, pushed the island to a record $18.7 billion trade surplus in Q1 2025, a 24% year‑on‑year increase, according to Taiwan’s Ministry of Finance and ING analysis. Semiconductor exports comprised 42% of total exports and integrated circuits reached $48.2 billion (up 28% YoY). TSMC, which holds roughly 55% of the global foundry market and supplies clients such as Apple, NVIDIA and Qualcomm, is the primary driver. Key demand sources include AI infrastructure, 5G rollout, automotive electronics and data‑center expansion. Exports to Southeast Asia saw the fastest growth while China remains the largest destination. Structural advantages cited by ING include industrial clustering (Hsinchu Science Park), strong R&D and supportive policy measures. Taiwan’s manufacturing is near full capacity, employment in the sector exceeds 300,000 directly, and capital expenditure commitments reached $42 billion in 2025. Analysts expect continued growth through 2026 driven by AI, edge computing and advanced node demand, but flag risks from geopolitical tensions, environmental compliance and global competition. For traders, the tech‑led trade strength implies sustained demand for chipmakers and related suppliers, potential currency and equity impacts, and exposure to geopolitical risk premiums.

CryptoQuant CEO Ki Young Ju said that although roughly $30.8 billion flowed into Bitcoin in 2025, the inflows did not raise Bitcoin’s market value. He interprets this as evidence of unusually large selling pressure that has offset demand, causing the Digital Asset Treasury (DAT) strategy to underperform in the current market environment. Ki’s comment highlights a mismatch between on-chain capital inflows and price reaction, signaling that accumulation or treasury strategies may be ineffective when sustained sell-side supply dominates. The report is presented as market information and not investment advice.

DeGate released its January 2026 monthly update highlighting user-experience improvements across its multichain non-custodial wallet and trading platform. Key updates: 1) Turbo Range UI overhaul — clearer visualization of position, entry price, and current price within ranges to simplify position monitoring; 2) Out-of-Range Notifications — instant app alerts when Turbo Range positions move out of range to enable timely management and yield optimization; 3) Transaction Confirmation Timer — a countdown displayed during transaction confirmations to reduce failed transactions from signature timeouts; 4) External Wallet Login on Mobile — support for connecting third-party wallets to DeGate’s mobile app, increasing accessibility and flexibility. The update reiterates DeGate’s support for cross-chain token purchases without bridging or additional gas tokens and promotes features like Simple Earn and Turbo Range for on-chain yield. No new tokens, funding events, or protocol governance changes were announced.

Bitmine Immersion Technologies has expanded its Ethereum treasury to roughly 4.326 million ETH (~3.6% of circulating supply) after buying 40,000 ETH (~$83.4M) in a single day, per on-chain data flagged by Lookonchain. The single-day buys comprised two 20,000-ETH purchases from custody provider BitGo. Bitmine has staked about two-thirds of its holdings (roughly 2.9 million ETH), signalling a long-term staking-and-yield strategy tied to its Ethereum infrastructure buildout. Executive chairman Tom Lee described the accumulation as opportunistic, citing improving fundamentals and attractive staking returns despite recent market weakness. With Bitcoin and cash reserves included, Bitmine’s total crypto and cash assets are around $10 billion. On-chain metrics show the market-cap-weighted staking rate near ~2.7%; CoinGecko treasury data indicate the next-largest public corporate ETH holder controls under 1% of supply, highlighting a concentration gap. For traders: the large, concentrated corporate accumulation and heavy staking reduce immediate sell pressure and could tighten circulating supply and liquidity, but weak macro momentum and poor demand mean the purchases have not yet triggered a sustained price recovery. Key keywords: Bitmine, Ethereum, ETH buy, staking, institutional accumulation.

Backpack Exchange, founded by former FTX and Alameda figures, is in talks to raise around $50 million at a pre-money valuation above $1 billion, potentially achieving unicorn status. CEO Armani Ferrante outlined a tokenomics plan intended to prevent founders, executives, employees and early investors from selling tokens to retail before the product reaches “escape velocity.” The proposal sets a 1 billion token supply at launch, with 25% allocated at the Token Generation Event (TGE) and a portion earmarked for active community members and points holders. Ferrante stressed aligning token incentives with long-term product growth and signalled ambitions to eventually pursue a U.S. public listing. The fundraising discussions come amid growing investor interest in fintech and crypto startups; the reported $50 million is a baseline and the round could expand. For traders, the key points are a potential valuation-driven funding event, a lockup-style tokenomics design that may limit early token circulation, and public-listing plans that could influence long-term token demand and perceived credibility.

Bitcoin faces renewed bearish pressure after closing a third consecutive week below the 100-week moving average and trading around $68–69K following a crash to $60K. Analysts including Coin Bureau CEO Nic Puckrin, MN Fund founder Michaël van de Poppe and CryptoQuant founder Ki Young Ju warn that historical patterns suggest extended periods below the 100-week MA (average ~267 days) and rising unrealized losses. Glasnode reports unrealized market loss at the $70K level is ~16% of market cap. High-volume sell periods — comparable to post-2022 bottom activity — and heavy selling pressure have reduced the market’s pumpability, according to on-chain and market analysts. Some see these conditions as accumulation opportunities (van de Poppe), while others caution that inflows and corporate treasury buys (e.g., MSTR, DATs) won’t spark rallies until selling pressure abates. Bitcoin is down ~44% from its peak and remains in bear-market territory, with the path of least resistance to the downside.

Bitso has integrated Ripple Payments, XRP and regulated stablecoin RLUSD to accelerate cross‑border business payments and remittances between the U.S. and Latin America. Bitso Business will use Ripple’s blockchain rails and XRP as a bridge asset for near‑real‑time settlement, reducing reliance on costly pre‑funded nostro/vostro accounts, lowering settlement costs and improving liquidity efficiency. RLUSD provides dollar‑denominated on‑chain settlement that mitigates local‑currency volatility and simplifies reconciliation for businesses and remittance recipients. Bitso will act as a regional payout partner, offering compliant, transparent stablecoin liquidity at institutional scale and positioning itself as a primary B2B payment rail across US–LATAM corridors. The move follows wider market adoption of RLUSD (including recent listings on major exchanges) and reflects growing institutional and banking interest in using the XRP Ledger for faster, lower‑cost international flows.

XION, a Circle-backed layer-1 blockchain, has launched on-chain Zero-Knowledge (ZK) and DKIM modules to enable scalable, privacy-preserving email verification. The announcement says XION is the first blockchain to store email verification keys on-chain and pairs that with protocol-level ZK proofs so users can prove claims about an email without revealing the email itself. XION already integrates with Gmail and Apple Mail, serves over 800,000 monthly active users, and claims access to a potential market of some 3.8 billion users. More than 150 brands — including Uber, Amazon and BMW — are reportedly building consumer apps on XION. The chain is backed by investors such as Circle, HashKey and Arrington Capital, with over $36 million raised. Key use cases highlighted include anonymous whistleblowing, verified anonymous workplace reviews, wallet recovery backup, private credential checks, trustless ticket resales and insurance claims verification. XION frames the launch as a response to growing trust and privacy challenges amplified by AI, and notes DKIM’s traditional reliance on centralized DNS as a vulnerability that on-chain storage mitigates. For traders: this infrastructure push may drive ecosystem adoption, partnerships and developer activity for XION while increasing interest in identity-linked on-chain utilities.

Bitmine Immersion Technologies bought about 40,600 ETH during a recent market sell-off, lifting total holdings to roughly 4.326 million ETH (≈3.6% of circulating supply) and placing its combined crypto, cash and strategic investments at about $10.0 billion (cash reserves ~$595 million as of Feb 8, 2026). The firm reports approximately 2.87 million ETH is staked, generating an annualized staking revenue near $202 million at a composite yield slightly above 3%. The aggressive accumulation produced large paper losses when ETH briefly fell to ~$1,700, but holdings were valued nearer $2,100–$2,125 in subsequent quotes. Bitmine named institutional backers including ARK Invest, Founders Fund, Pantera Capital and Galaxy Digital, and reaffirmed a long-term treasury strategy targeting up to 5% of ETH supply. The company also highlighted rising on-chain activity (daily transactions ~2.5M; daily active addresses ~1M) and plans to launch the MAVAN validator network to expand staking operations. For traders: the disclosure signals significant corporate demand for ETH, a sizable staking program that can lock up supply, and substantial balance-sheet exposure that may amplify volatility — all factors relevant to short-term liquidity and longer-term supply dynamics.

Bitcoin (BTC) has fallen below the realized price for large investors holding 100–1,000 BTC — an average cost near $69,000 — according to on-chain analytics. This metric reflects the average price at which that cohort last moved their coins (wallets valued roughly $7M–$70M). Trading beneath this level puts those wallets at unrealized losses and historically has correlated with extended stabilization or weakness rather than immediate rebounds. A comparable event occurred after the 2021 all-time high when it took about seven months for BTC to recover above large-investor realized cost. Analysts view the signal as uncommon and noteworthy: while it does not determine market direction alone, it suggests rising stress among large holders and a broader shift toward risk reduction. Despite the recent dip, the long-term trend in realized cost for large investors remains upward, indicating continued accumulation at higher average prices across cycles. Investors are reminded this is not investment advice; crypto markets are highly volatile.

Binance completed a $299.6 million purchase of 4,225 BTC on Feb 9, 2026, bringing its Secure Asset Fund for Users (SAFU) to 10,455 BTC (about $734 million). The exchange is converting its $1 billion SAFU — previously held mostly in stablecoins — into Bitcoin and has completed roughly 73.4% of the planned migration. Binance says it is executing staged buys to limit market impact and pledged to top up SAFU back to $1 billion if the fund’s value falls below $800 million, providing explicit downside support. The move is more concentrated in Bitcoin than prior 2023 reallocations that used a multi-asset approach. Market context at the time: BTC trading near $68,972 (down ~2.7%) and BNB near $625. Traders should note this increases institutional-backed BTC reserve demand and may reduce stablecoin sell pressure; however, it also raises SAFU’s exposure to BTC volatility, which could compress the fund’s dollar value during sharp drawdowns. For traders, the staged accumulation may reduce immediate sell-side liquidity and offer episodic price support, while the downside top-up pledge acts as a backstop that could limit severe downside during stress events.

A social-media post claims Ripple has reached an estimated $50 billion valuation, placing the company roughly ninth among the world’s most valuable privately held firms. The ranking, shared by crypto commentator Xaif Crypto, compared Ripple with major unicorns such as OpenAI, ByteDance, SpaceX, Anthropic and Stripe. The post emphasized symbolic significance for Ripple’s corporate standing and suggested growing institutional recognition. Community responses were mixed: some users said a ~$50B valuation strengthens Ripple’s position and could presage future IPO or funding upside; others cautioned that company valuations do not directly translate into XRP price gains and noted many Ripple partnerships do not use the XRP token. The article notes private-company valuations derive from funding rounds, investor estimates or secondary trades and can vary by source; no official confirmation from Ripple was provided. For traders, the claim is notable for sentiment and narrative — it could support bullish sentiment around Ripple-related newsflow but lacks direct on-chain or fundamentals linkage to XRP token metrics.

XRP has plunged into extreme oversold territory after a Feb. 5, 2026 crash, with the daily Relative Strength Index (RSI) falling to the mid-teens (around 17). Since Q4 2025 the token has lost roughly 50%, sliding from $2.84 in October 2025 to about $1.43. Crypto researcher Ripple Bull Winkle highlighted that prior occasions when XRP’s daily RSI moved into similarly extreme readings (below ~30 and into the mid-teens) preceded rapid recoveries: notable examples include Oct. 10, 2025 (RSI ~26.4) — ~70% rebound to $2.69 in 13 days; July 5, 2024 (RSI ~26.1) — ~65% rise in 12 days; April 13, 2024 (RSI ~28.2) — ~35% gain in nine days. Based on these historical setups, the technical projection is a probable short-term relief bounce of roughly 15–40% within about two weeks, which would target approximately $2.20–$2.50. The analysis is purely technical (daily RSI and horizontal support/resistance) and does not factor in macro drivers or fundamentals. Reactions on social media were mixed: some traders flagged that oversold conditions can persist and cautioned against assuming a guaranteed rapid recovery. This is a speculative signal, not financial advice — traders should manage risk, confirm with additional indicators (volume, intraday structure, macro flow) and size positions accordingly.

STX (STX/USDT) trades weak amid bearish momentum on February 10, 2026. Price near $0.2745, daily range $0.2649–$0.2886 and 24h volume around $14–39M (platform reports vary). Key technicals: RSI(14) ~40–45 (neutral to bearish), MACD with expanding negative histogram, price below EMA20/50/200 and Supertrend bearish. Multi-timeframe analysis identifies 13 significant levels; primary supports at $0.2527 (score 76/100) and $0.2208 (76/100); resistances at $0.2704, $0.2984 and $0.3368. Correlation with Bitcoin is high (~0.85); BTC weakness around $69k increases downside risk for STX. Short-to-medium-term outlook: cautious bearish — breakdown under $0.2527 targets $0.2208; bullish case requires reclaiming $0.2704–$0.2984 and MACD/RSI recovery. Volume decline and distribution patterns reduce confidence in longs. Analysts note strategy risk: avoid long positions unless RSI falls below 30 with volume-confirmed reversal or MACD histogram contracts toward zero. Not investment advice.

U.S. spot Bitcoin ETFs logged $144.9 million in net inflows on Feb. 9, marking a second consecutive day of positive capital flows and signalling renewed investor demand for regulated bitcoin exposure since the SEC approved spot ETFs in January 2024. Fund-level data from Farside Investors shows Grayscale’s Bitcoin Mini Trust led inflows with $130.5 million, while ARK/21Shares’ ARKB and VanEck’s HODL added $14.1 million and $12 million respectively. Smaller positive flows were recorded for Franklin’s EZBC and Fidelity’s FBTC; BlackRock’s iShares Bitcoin Trust (IBIT) saw a $20.9 million outflow. Earlier (Feb. 6) reports showed a separate intraday inflow of about $330 million led by BlackRock’s IBIT, tied to a brief rally in Bitcoin above $70,000 and a positive Coinbase premium, though weekly flows that week remained negative. Traders should watch ETF flows (particularly concentrated moves such as Grayscale’s Mini BTC), issuer-level differences, the Coinbase premium, and price reaction around key levels like $70k. Sustained ETF buying can tighten exchange BTC supply and add near-term buying pressure and intraday liquidity, but short streaks of inflows are not definitive trend reversals.

SEC Commissioner Mark T. Uyeda said the U.S. Securities and Exchange Commission should avoid imposing unnecessary regulatory barriers as tokenization technology evolves. Speaking at an asset management derivatives forum, Uyeda noted tokenized securities have moved from theory to early practice, with market participants testing issuance, custody and transfer of traditional securities on-chain. He emphasized that tokenized securities remain subject to securities laws — disclosure, custody and investor protections still apply — and that the SEC’s role is to adapt existing rules to a blockchain environment rather than create parallel rules for crypto-native assets. Uyeda reiterated a technology-neutral stance focused on regulatory outcomes over specific processes and cited a recent exemption request under the Investment Company Act as evidence that tokenization is becoming real-world practice. Keywords: SEC, tokenization, securities law, custody, disclosure, technology-neutral.

Research on multi-agent systems (MAS) surged from ~820 papers in 2024 to over 2,500 in 2025, but many agentic systems still fail in production because teams focus on prompts rather than architecture. The author identifies a “prompting fallacy”: model and prompt tweaks alone cannot fix system-level coordination failures. Common collaboration topologies are reviewed—supervisor-based (centralized control, good for sequential tasks but a bottleneck), blackboard-style (shared memory for creative iteration), peer-to-peer (direct exchange, good for exploration but prone to drift), and swarms (parallel coverage, useful for research and creative tasks but can cause token-cost explosion and require consolidation). Hybrid patterns—fast specialists in parallel with a slower aggregator—often work best. Models should be “hired” into roles: decoder-only models for generation and planning, encoder-only for analysis and retrieval, mixture-of-experts for selective high capability, and reasoning models for deliberate checking. The article stresses that collaborative scaling differs from neural scaling: adding agents increases coordination costs and can plateau or collapse performance depending on topology, communication overhead, and memory. The key takeaway for practitioners: prioritize organizational design—patterns, role assignment, and scaling limits—over chasing better prompts. Agentic performance is an architectural outcome, not a prompting problem.

Hyperliquid, a decentralized perpetual futures exchange built on its own Layer 1, processed about $2.6 trillion in notional trading volume in 2025 — nearly double Coinbase’s roughly $1.4 trillion for the year, according to on-chain analytics firm Artemis. Hyperliquid’s growth was driven by high-frequency derivatives trading on-chain: daily peaks near $30 billion, monthly volumes in the hundreds of billions, TVL approaching $6 billion and open interest peaking around $16 billion. Active users rose from ~300,000 to 1.4 million in a year. The platform’s low fees, fast execution, on-chain settlement, UX similar to centralized platforms, and HYPE token buyback/burn mechanics supported adoption. Notable market figures have increased HYPE holdings, and Hyperliquid is testing products such as outcome-based contracts and limited-risk options. By contrast, Coinbase remains a major centralized entry point with higher fees and stricter compliance; its stock is down ~27% year-to-date. Risks include rising competition among on-chain derivatives DEXs, regulatory scrutiny, and execution or smart-contract vulnerabilities. For traders: the shift signals growing liquidity and choice in on-chain derivatives, potential fee and spread compression across derivatives markets, and increased attention on HYPE and related derivatives — factors that may affect short-term volatility and longer-term market structure for professional traders.

Tether’s treasury executed a 3.5 billion USDT burn on February 21, 2025, according to Whale Alert and on-chain records. The tokens were sent from Tether’s primary treasury address to an unspendable address, removing roughly 3.1% of the prior circulating supply (~112 billion USDT). Tether regularly mints and burns USDT to match fiat redemptions and manage peg stability; this unusually large burn likely reflects significant redemptions or a strategic supply adjustment. Immediate market reaction was muted: Bitcoin and Ethereum showed only minor price movement. Analysts note the burn reduces stablecoin liquidity available for trading pairs, which can increase buying pressure on other assets if demand for USDT remains unchanged. The event renews focus on Tether’s reserve management and forthcoming attestations that should show corresponding liability reductions. Historical precedent shows large USDT burns often precede consolidation or lower volatility; traders should monitor on-chain flows, exchange USDT balances, and Tether’s next attestation for confirmation. Primary keywords: USDT burn, Tether burn, stablecoin supply. Secondary/semantic keywords: stablecoin liquidity, reserve attestations, fiat redemptions, market impact.

Binance has scheduled a planned maintenance window for Tron (TRX) wallet services on Feb 11, 2025, pausing TRX deposits and withdrawals from 06:55 UTC for approximately one hour. Trading of TRX pairs on spot, margin and futures markets will remain active during the maintenance. Binance says the update is an exchange-side wallet/node maintenance—part of routine infrastructure work to update node software, run security checks and sync hot/cold wallets—and is not related to a Tron network upgrade or vulnerability. Users are advised that TRX balances remain secure; deposits sent during the suspension will be processed after services resume. The brief, communicated downtime aligns with industry practice and aims to improve security and operational reliability with minimal disruption to traders.

Ripple has expanded its institutional custody offering, Ripple Custody, through strategic partnerships with Figment and Securosys. The Figment integration enables banks, custodians and regulated entities to offer staking services on major networks (including Ethereum and Solana) without running their own validators, preserving institutional security and governance. Securosys brings hardware-based key management via CyberVault HSM and CloudHSM support, allowing flexible on-premises or cloud deployment and broadening HSM vendor options to reduce cost, complexity and procurement delays. Ripple’s recent acquisition activity (e.g., Palisade) complements these moves to broaden enterprise services. On-chain activity on the XRP Ledger remains muted: total locked value fell from about $80M early in the year to $49.6M, while stablecoins on the network are roughly $415.85M. XRP’s price has declined ~32% over the past month to around $1.44 at the time of reporting. The partnerships primarily strengthen Ripple’s institutional custody and settlement capabilities but have not yet materially affected XRP on-chain metrics or price.