crtypto & forex news

XRP’s price action took a bearish turn last week, but not everyone is viewing the decline as a negative development. A technical outlook shared by crypto analyst Diana asserts that the current move may represent a decisive moment in XRP’s broader market structure. According to the technical outlook, the ongoing selloff is now in a final shakeout zone , which is creating a deep undervaluation before expansion. XRP Is In A Shakeout Phase Technical analysis of XRP’s price action shows that the cryptocurrency is currently behaving exactly as it tends to during periods when market sentiment turns excessively pessimistic. Price is moving lower even as fundamentals continue to strengthen in the background, a divergence that historically preceded deep undervaluation phases.  In terms of a structural perspective, XRP is trading inside a bearish corrective channel. These moves usually end with a liquidity sweep that is designed to force weak holders out of their positions. According t...

Sam Bankman‑Fried, the co-founder and former chief executive of collapsed cryptocurrency exchange FTX, has filed a request for a new trial in New York on Tuesday, arguing that fresh witness testimony could undermine the government’s case against him.  Bid To Revive FTX Trial As reported by Bloomberg, the motion, dated February 5 and entered into the docket on Tuesday in Manhattan federal court, was submitted pro se, meaning Bankman‑Fried is acting on his own behalf rather than through legal counsel.  In the filing, Bankman‑Fried contends that testimony from new witnesses could challenge key aspects of the prosecution’s narrative and potentially cast doubt on the verdict. He argues that this evidence was not previously presented and could materially affect the outcome of the case.  The motion does not replace his ongoing appeal but represents an additional attempt to reopen the proceedings. The request follows comments Bankman‑Fried made earlier on Tuesday on social ...

Since the broader cryptocurrency market correction began, the price of Cardano (ADA) has steadily declined, reaching as low as $0.22. While prices are experiencing a steady downward trend, Cardano is starting to see a drop in multiple critical areas, such as its derivatives market, as Open Interest declines. Derivatives Cool Off As Cardano Open Interest Plunges Cardano ’s ongoing decline has intensified and is beginning to reflect on its derivatives market as its Open Interest (OI) undergoes a sharp decrease. Its open interest has collapsed following a sudden unwind of leveraged positions, as shown in a report from Joao Wedson, a market expert and founder of Alphractal. The sharp drop implies that traders have been driven out or have closed positions due to increased volatility, flushing out speculative exposure. By removing extra leverage from the system, these resets frequently signal a move away from overheated situations. According to the expert, ADA open interest fell from a...

Even after reclaiming the $70,000 price level following a relief bounce, Bitcoin short-term investors remain bearish about the cryptocurrency’s trajectory in the near term. With the price of BTC facing downside pressure , these investors are reducing exposure by offloading their holdings. Short-Term Holders Quietly Shed Bitcoin Holdings Investors’ activity and sentiment are starting to flip as the Bitcoin price battles with the ongoing volatile market state, bringing it back to downside levels not seen since 2024. Given the persistent downward movement, the supply held by short-term BTC holders is declining, marking a shift in supply and market dynamics. Related Reading: Bitcoin Short-Term Holders Deep In Loss: MVRV Signals Capitulation Phase Alphractal, an advanced investment and on-chain data analytics platform, reported that changing sentiment among short-term holders after examining their Net Position Change and Supply. This pattern implies that weaker hands are lowering thei...

Rumors of a possible US Securities and Exchange Commission (SEC) investigation into Binance have resurfaced long‑running questions about the October 10, 2025 liquidation event , the largest market wipeout in crypto history.  October 10 Crash Back In Focus For context, during the October 10 event, roughly $19 billion in leveraged positions were liquidated, with $3.21 billion erased in a single minute. Around 1.6 million traders were forced out of their positions as Bitcoin plunged from about $122,000 to $104,000. Speculation around Binance’s role in the crash has intensified following a post on X (previously Twitter) by market expert Hugo Crypto. In his message, he cautioned that he could not independently confirm reports of an SEC probe into Binance, stressing that the claim remains a rumor.  However, he argued that the broader story surrounding the October 10 collapse warrants serious attention regardless of whether a formal investigation is underway. Since the crash, a...

A recent major Ethereum sell-off is sharply taking over the spotlight in the broader cryptocurrency community. Given the prolonged volatile state of the market over the past few months, Trend Research has officially concluded its massive ETH unwinding, offloading thousands of the leading altcoin. Massive Trend Research’s Ethereum Unwind Concludes Ethereum’s price is facing heightened bearish pressure, and several big institutions appear to be dumping their ETH holdings, which is likely to extend the ongoing volatility. The most recent and popular sell-off swelling across the community is that of Trend Research, an Edmonton-based marketing research data collection firm. Trend Research is marking a significant turning point for Ethereum, with the announcement that the protracted tale of strong selling and position unwinding has finally ended. MartyParty, a crypto commentator and the host of The Office Space, shared this update on the X platform, attracting community attention. Lo...

Quick Facts: The ‘Everybody Coinbase’ Karaoke Ad Signals Crypto’s Shift From Niche Speculation To Mainstream Utility. Coinbase Utilized High-Energy Shared Experiences To Prove That Digital Assets Are Now Accessible To Everyone. SUBBD Token differentiates itself by combining crypto payments with proprietary AI tools like voice cloning and automated personal assistants. With over $1.47M raised and a 20% APY staking incentive, the project demonstrates strong early validation from value-focused investors. The trajectory of crypto adoption is often mapped by the audacity of its marketing, and few metrics tell that story better than the sentiment surrounding Coinbase’s Super Bowl advertising strategy. On February 8, 2026, Coinbase unveiled its ‘Everybody Coinbase’ campaign, a karaoke-style singalong to ‘Everybody (Backstreet’s Back)’ that replaced the viral minimalism of the 2022 bouncing QR code with a high-energy call for mainstream inclusion. While the 2022 ad crashed servers...