Live Feed

According to CoinNess market monitoring, BTC has fallen below $76,000. BTC is trading at $75,893.22 on the Binance USDT market.

South Korea's Financial Supervisory Service (FSS) announced on Feb. 2 that it has developed its own trading analysis platform, VISTA, to investigate unfair virtual asset transactions and has upgraded it with an artificial intelligence (AI) algorithm. According to News1, the FSS has applied a "sliding window grid search" algorithm to the system. This algorithm automatically detects periods of suspected market manipulation, a task previously performed manually by investigators after data analysis. The FSS stated that this will allow it to identify all suspicious periods of market manipulation, regardless of their frequency or duration.

Jim Cramer, host of CNBC's Mad Money, predicted on X that Bitcoin will recover to $82,000 despite currently trading around $77,000. He anticipates a surge in buying pressure will drive the price up. Cramer suggested that Strategy (MSTR) founder Michael Saylor would act to boost BTC's price after reviewing MSTR's stock performance. He added that such a move would lead some investors to call a double bottom and buy in, disregarding that the price had temporarily fallen below $80,000. Cramer is widely known in the investment community as a contrarian indicator for his often inaccurate market forecasts.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $160 million liquidated (75.46% longs) - ETH: $186 million liquidated (71.24% longs) - SOL: $23.29 million liquidated (74.67% longs)

Only 0.1% of all U.S. dollar-pegged stablecoin transactions are used for retail payments, Munhwa Ilbo reported, citing a recent study by the Korea Institute of Finance. According to the report, titled "Trends and Implications of Stablecoin Utilization as a Payment Method," total transaction volume for dollar stablecoins reached $5.42 trillion as of November of last year. However, the vast majority of this activity, $4.21 trillion or 77.6%, was attributed to automated bots. Of the remaining $1.21 trillion in general transactions, retail payments amounted to just $7.5 billion.

Decentralized artificial intelligence (AI) and blockchain platform SaharaAI (SAHARA) has opened a waitlist for its upcoming application, Sorin, via its official website. Sorin is being developed to integrate processes such as market research, investment strategy development, and trade execution into a single conversational interface. The application will also provide 24-hour market monitoring, pre-trade audits, institutional-grade security, and one-click execution for swaps and staking. The SaharaAI team stated that Sorin will offer personalized insights based on user behavior and evolving market trends, aiming to address issues like information overload and fragmented workflows.

Bitcoin has entered a period of mild, range-bound correction rather than a distinct bull market or a panic-driven bear market, according to an analysis by XWIN Research Japan, a contributor to CryptoQuant. The firm noted that its Apparent Demand indicator, which measures the net balance between BTC supply and demand, registered -19,000 BTC in late January. This suggests new demand is nearly non-existent and supply pressure is outpacing market inflows. Additionally, the Realized Cap metric has stagnated. The analysis states that a structural divergence exists between the current price level and demand indicators, making it difficult to interpret the situation as bullish even if BTC remains in the high $70,000s. The research firm highlighted that current Apparent Demand figures are less extreme compared to the bear markets of 2014-2015, 2018-2019, and 2022. Intermittent price recoveries suggest that selling is primarily driven by profit-taking rather than fear-based capitulation. Slowing inflows into spot BTC ETFs and reduced buying from Strategy are impacting demand, with selling from early holders becoming more prominent. However, no large-scale selling at a loss by long-term holders has been observed. Consequently, a prolonged correction is considered more likely than a sharp decline, with range-bound trading expected to continue for the time being. The market outlook could shift, the analysis concludes, if Apparent Demand turns positive and the Realized Cap begins to increase.

Bitcoin has entered a downward trend that could last for several months, according to former NYSE Arca options trader Eric Crown. In an interview with CoinDesk, Crown stated that BTC could fall to the low $60,000s or even the mid-$50,000s. He diagnosed that the cryptocurrency has been in a sideways and declining phase since last October, pointing to technical indicators such as a death cross on the monthly MACD and bearish signals from the 21-day and 55-day weekly moving averages. Crown also noted that investors typically sell speculative assets first and that traders have become wary of re-entering positions following the largest-ever forced liquidation event last October. However, he added that the current market likely represents a potential value accumulation phase rather than the end of the entire crypto market cycle.

South Korean crypto exchange Bithumb has announced it will temporarily suspend deposits and withdrawals for two Iran-related exchanges, Zedxion and Zedcex. The exchange stated that the decision was made after confirming that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) had sanctioned the two entities for violating regulations related to Iran. Bithumb added that the measure is intended to comply with anti-money laundering laws and protect customer assets.

Laser Digital, the cryptocurrency trading firm backed by Nomura, reduced its crypto positions after recording investment losses in the third quarter of last year, DL News reported. The firm stated that Nomura's commitment to its crypto-related business remains unchanged and that it plans to expand these operations in the medium to long term. Laser Digital is responsible for Nomura's cryptocurrency trading business.

A Bitcoin OG, identified by wallets starting with 1011short and 0xb317d, has deposited a total of 121,185 ETH, worth $292 million, to Binance over the past two days, according to on-chain analyst ai_9684 xtpa. The most recent deposit of 15,001 ETH ($34.54 million) occurred seven hours ago. Deposits to exchanges are often interpreted as a precursor to selling. This activity follows a significant loss for the address, which was liquidated for $230 million yesterday on the decentralized perpetuals exchange Hyperliquid (HYPE). The wallet currently holds over $4.9 billion in cryptocurrencies, including 783,514 ETH and 39,604 BTC.

According to CoinNess market monitoring, BTC has fallen below $77,000. BTC is trading at $76,948.42 on the Binance USDT market.

Trend Research, a subsidiary of LD Capital that has been accumulating Ethereum (ETH) since November of last year, has an average purchase price of $3,180 and a liquidation price of around $1,830, according to a report from AmberCN. The firm currently holds approximately 618,000 ETH, valued at $1.43 billion. It recently sold 33,589 ETH ($79.12 million) to repay loans and lower its liquidation threshold. The sale resulted in a realized loss of $27.71 million, while the firm's unrealized losses stand at $534 million. Trend Research holds approximately $941 million in loans from crypto lending protocols, including Aave.

Prediction market trading volume reached a record high of $12 billion in January, generating over $11 million in on-chain fees, Wu Blockchain reported, citing data from Gate Research. Opinion Labs was the top platform, accounting for $6.14 million of the total fees.

An anonymous whale address beginning with 0xFB7 has withdrawn 15,642 ETH ($36.24 million) and 10 cbBTC ($77,750) from crypto market maker Wintermute and Coinbase, Onchain Lens reported. The address currently holds 135,822 ETH, valued at $313.55 million.

Following a sharp decline in Bitcoin's price last Saturday, the average return for investors in BlackRock's spot Bitcoin ETF (IBIT) has reportedly turned negative. According to Cointelegraph, Bob Elliott, a former executive at the major global hedge fund Bridgewater, explained that Bitcoin's recent drop to the mid-$70,000s fell below the average entry price for IBIT investors. He noted that this was due to capital inflows at Bitcoin's peak diluting the average return, meaning that while some early investors remain in profit, the overall cumulative return has shifted to a loss. The media outlet added that the dollar-weighted return for IBIT peaked at around $35 billion last October, when Bitcoin reached an all-time high, and has been declining since, increasing pressure on investor returns.

Bitcoin has officially entered a bear market phase, according to an analysis by well-known market analyst PlanB. He noted that the BTC/USD monthly candle for January closed at $78,635, a 38% decline from its all-time high. PlanB stated that the Relative Strength Index (RSI) has fallen below 50, which he identifies as a formal signal for a bear market. He also pointed out that the 200-week Exponential Moving Average (EMA) and the realized price are gradually declining to $58,000 and $55,000, respectively. Based on historical trends, PlanB suggested that Bitcoin could fall further to these levels. However, he added that since the recent bull market showed relatively weak bullish signals, the corresponding bear market might also be limited in scope.

Bitcoin has fallen to the $78,000 level due to a halt in new capital inflows and profit-taking by early holders, Coindesk analyzed. Ki Young Ju, CEO of CryptoQuant, noted that Bitcoin's realized capitalization has stagnated, indicating a lack of new capital. He explained that early holders, who have significant unrealized profits thanks to buying from spot ETFs and Strategy (MSTR), have been realizing gains since early last year. While fund inflows and Strategy's purchases were key drivers of the rally, that momentum has paused. Ki predicted that Bitcoin is unlikely to crash unless Strategy engages in a large-scale sell-off of its holdings. According to data from BitcoinTreasuries, Strategy holds 712,647 BTC at an average purchase price of $76,040 and is currently up approximately 2.35% on its investment. On Feb. 2, BTC briefly touched $75,700, dipping below Strategy's average price. It is currently trading at $77,900, up 1.19% from the previous trading day.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,052.01 on the Binance USDT market.

According to Tokenomist, the following major token unlocks are scheduled for this week: Feb. 2 - 7:00 a.m. UTC: ENA unlocks 40.63 million tokens ($5.55 million), 0.55% of circulating supply. Feb. 5 - 12:00 a.m. UTC: XDC unlocks 841 million tokens ($29 million), 5.00% of circulating supply. Feb. 6 - 12:00 a.m. UTC: HYPE unlocks 9.92 million tokens ($296 million), 2.79% of circulating supply. - 1:00 p.m. UTC: BERA unlocks 63.75 million tokens ($29.39 million), 41.70% of circulating supply.

Trend Research, an entity under LD Capital, sold 30,000 ETH ($70.18 million) on Binance to repay a loan, according to a report from Onchain Lens. Over the past 18 hours, the firm deposited a total of 40,000 ETH ($94.53 million) to the exchange and withdrew 6,412 ETH. Trend Research began accumulating ETH last November when the price was at $3,400, continuously borrowing USDT to fund the purchases. Prior to this sale, its holdings exceeded 650,000 ETH as of Jan. 21.

CME Bitcoin futures opened with a gap of approximately $6,830, the second-largest on record. The gap formed between the previous session's close of $84,560 and the current session's open of $77,730. This is second only to the record $10,350 gap recorded on March 3 of last year. Such gaps occur because the CME market closes for the weekend while the Bitcoin spot market operates continuously, allowing for price divergence. Consequently, traders are monitoring whether the futures price will move to close this price difference.

Feb. 2 - 2:45 p.m. UTC: U.S. January Manufacturing PMI. - 5:30 p.m. UTC: FOMC member Bostic speaks. Feb. 3 - 2:40 p.m. UTC: FOMC member Bowman speaks. - 3:00 p.m. UTC: U.S. Department of Labor December JOLTS report. Feb. 4 - 1:15 p.m. UTC: U.S. January ADP Non-Farm Employment Change. - 2:45 p.m. UTC: U.S. January Services PMI. Feb. 5 - 1:15 p.m. UTC: Eurozone interest rate decision. - 1:30 p.m. UTC: U.S. Initial Jobless Claims. - 1:45 p.m. UTC: European Central Bank press conference. - 3:50 p.m. UTC: FOMC member Bostic speaks. - 9:30 p.m. UTC: Federal Reserve Balance Sheet. Feb. 6 - 1:30 p.m. UTC: U.S. January Non-Farm Payrolls. - 1:30 p.m. UTC: U.S. January Unemployment Rate.

The Crypto Fear & Greed Index stands at 14, unchanged from yesterday, continuing a state of extreme fear, according to data from Alternative. The index measures market sentiment on a scale of 0 to 100, where 0 represents extreme fear and 100 signifies extreme optimism. It is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

Blockchain security firm CertiK reported that losses from exploits and hacks totaled $400 million in January, with phishing attacks accounting for over 70% of the figure. A significant portion of this came from a single phishing attack on Jan. 16 that targeted hardware wallet users, resulting in the theft of approximately $284 million. In that incident, an attacker impersonated customer support for hardware wallet manufacturer Trezor to obtain victims' recovery seed phrases, ultimately stealing 1,459 BTC and 2.05 million LTC.