The post Cardano Price Shows Rebound Signals—Can a 10% Breakout Spark a 25% Surge in February? appeared first on Coinpedia Fintech News

Cardano (ADA) price is drawing renewed attention after rebounding from the $0.27 level, a zone last seen in October 2023. This area has historically acted as a strong demand pocket, triggering dip-buying and short-covering activity. The bounce indicates that sellers are losing momentum near these discounted levels. From a market structure perspective, ADA is attempting to stabilize above the recent lows as liquidity begins to rebuild. 

If price continues to hold above the $0.27–$0.28 range and momentum improves, traders may look for speculative long setups. A higher low or range expansion could act as confirmation for a potential breakout attempt in the near term.

Cardano (ADA) Price Enters Bullish Range

Cardano price is still stuck in a clear downtrend on the daily chart, moving inside a descending channel that’s been guiding price lower since the sharp October sell-off. Every bounce has been sold into, and the latest move toward the $0.27–0.28 zone shows that bears are still in control. For now, this channel defines the trend, and ADA needs to break out of it to change the broader narrative.

Looking at indicators, RSI is sitting near 32, which shows weak momentum and hints at exhaustion, but there’s no strong reversal signal yet. CMF hovering around neutral suggests buyers are hesitant, and capital inflows remain light. As long as ADA stays below $0.34–0.36, pressure likely persists toward $0.27, with $0.24–0.25 next if support breaks. A real trend shift starts only above $0.40.

What’s Next for Cardano Price?

Cardano is likely to remain under pressure in the coming week as long as it trades below the descending channel resistance. In the short term, price may attempt a relief bounce toward $0.32–0.34, but this zone is expected to act as strong resistance. If selling pressure persists, $0.27 remains the key support to watch, with a deeper move toward $0.24–0.25 possible on a breakdown. For the monthly outlook, a trend shift only comes into play if ADA reclaims $0.36–0.40 with volume; otherwise, the structure favors consolidation to a mild downside rather than a strong recovery.

The post Why Grayscale-Linked Firms Are Quietly Selling XRP and Solana appeared first on Coinpedia Fintech News

Grayscale-linked entities are quietly reducing their exposure to XRP and Solana as selling pressure builds across the crypto market. Recent US SEC filings show that insiders connected to Grayscale and its parent company, Digital Currency Group (DCG), have offloaded portions of their holdings in XRP and Solana-linked investment products amid a broader market pullback.

The disclosures come as the crypto market grapples with a sharp correction, wiping out nearly $5 billion in value and triggering sustained outflows from several spot and staking-based ETFs.

Insider Sales Signal Defensive Positioning

According to Form 144 filings, Digital Currency Group sold 15,000 shares of the Grayscale Solana Staking Trust (GSOL) on February 2, with the transaction valued at roughly $115,000. The sale was executed through Canaccord Genuity and involved shares initially acquired via a private cash transaction earlier this year.

This was not an isolated move. Over the past week, DCG is reported to have sold a total of 26,000 GSOL shares, signaling a cautious stance as Solana faced mounting downside pressure.

Solana’s price reflected this shift in sentiment, falling nearly 16% over the past week and slipping below the $100 mark, a psychologically important level for traders and long-term holders alike.

Solana ETF Outflows Add to the Pressure

The GSOL product has now recorded outflows for four consecutive trading sessions, with net redemptions totaling approximately $5.5 million. While spot Solana ETFs collectively saw modest inflows on Monday, GSOL itself failed to attract fresh capital, highlighting investor hesitation toward staking-linked exposure during heightened volatility.

The contrast between spot inflows and GSOL stagnation suggests institutions are becoming more selective about risk as price momentum weakens.

XRP Sees Even Sharper Institutional Pullback

A similar pattern has emerged in XRP-linked products. DCG International Investments Ltd disclosed the sale of 3,620 shares of the Grayscale XRP Trust (GXRP), worth around $115,000, also executed on February 2. The shares were originally acquired in September 2024 through a privately negotiated deal.

The move follows an even larger reduction last week, when the firm sold 15,000 GXRP shares as XRP dropped below the $1.60 level.

ETF flow data paints a bleak picture. Spot XRP ETFs recorded their largest daily outflow at nearly $93 million, with Grayscale’s XRP product accounting for the majority of redemptions. Additional withdrawals were seen from rival offerings, reinforcing the bearish institutional tone.

What This Means for the Market

While insider selling does not necessarily indicate long-term bearish conviction, the timing is notable. With ETF outflows accelerating and prices under pressure, Grayscale-linked firms appear to be de-risking amid uncertain near-term conditions. For XRP and Solana, institutional confidence may need a clear shift in market structure before meaningful recovery can begin.

The post Solana Price Faces Crucial Test at $100 as Downside Risk Builds Below $80—What’s Next? appeared first on Coinpedia Fintech News

Solana price is trading just above the critical $100 support after failing to sustain moves above the $118–$120 supply zone, placing the market at a critical turning point. Price has compressed into a narrow range between $100 and $108, reflecting indecision after the recent sell-off. With previous demand clustered near $92–$95 and no strong follow-through buying above $110, traders are now questioning whether $100 can continue to hold. 

Will dip buyers defend this level, or does a daily close below $98 open the door toward deeper downside? The next few sessions are likely to define Solana’s near-term trend.

The daily SOL chart shows Solana testing a critical demand zone after a prolonged downtrend, with price slipping to the $100–$103 region. This area has historically acted as a strong accumulation zone, making the current structure pivotal for the next medium-term move. While broader momentum remains weak, early signs suggest selling pressure may be nearing exhaustion, setting the stage for a potential relief bounce or base formation.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   Chainlink Price Nears a Critical Crossroad as Supply Builds Beneath the Surface
•   ,

From a price-action perspective, SOL has formed lower highs and lower lows since the October peak near $260, confirming a dominant bearish trend. The recent sharp sell-off resembles a capitulation move, as the price wicked close to the $95–$100 support band.

• RSI (14) is near 28–30, deep in oversold territory, hinting at a possible short-term rebound.
• OBV continues to trend lower, indicating weak accumulation and cautioning that any bounce may initially be corrective.
• The horizontal support zone between $95 and $103 is crucial; a sustained breakdown below this range would expose deeper downside.

Heading into February 2026, Solana’s price action remains at a make-or-break zone. As long as $100 holds on a daily closing basis, the market may attempt a relief rebound toward $108–$112, where supply has consistently capped upside. However, a confirmed close below $98 would weaken the structure and shift focus toward the $92–$95 demand band, followed by a deeper downside risk toward $85 if selling accelerates. Momentum remains fragile, and February is likely to be defined by range resolution rather than trend expansion, unless volume returns decisively on either side of the $100 level.

FAQs

The post When Will the Crypto Market Recover From This Downtrend? appeared first on Coinpedia Fintech News

The crypto market has seen a sharp sell-off, with total market value falling to $2.52 trillion, down by 6% in the last 24 hours. Bitcoin, the pioneer cryptocurrency, dropped heavily from $89,200 to a low of $74,561. 

Other major coins like ETH, XRP, SOL, BNB, and ADA also faced strong losses of around 8% to 15%.

Now the big question remains: Will the crypto market recover this week, or will prices fall even further?

Why Bitcoin and Crypto Prices Fell

Today, Bitcoin price slipped about 2.2%, falling to nearly $76,600, a level last seen in November 2024

The biggest reason behind the market drop is growing uncertainty around global interest rates. Market sentiment turned negative after President Donald Trump nominated Kevin Warsh as a possible Federal Reserve chair, which raised fears that interest rates could stay higher for longer.

Adding more pressure, India’s Union Budget 2026 kept crypto tax rules the same. No new taxes were added, but strict rules stayed in place. This left many crypto investors disappointed.

Key U.S. Economic Data To Impact the Crypto Market

Several major U.S. economic events this week could influence crypto prices. On February 5, the latest Initial Jobless Claims data will be released. Analysts expect claims to rise slightly to 212,000 from last week’s figure of 209,000. 

If the number comes higher than expected, it may signal weakness in the U.S. job market. This could increase hopes that the Federal Reserve might slow down rate hikes, which is usually positive for Bitcoin and crypto prices.

Further, on February 6, the U.S. unemployment rate and the monthly employment report will be announced. The unemployment rate is forecasted to rise to 4.5%, compared to 4.4% in December 2025. 

If economic data shows continued weakness, markets may price in future rate cuts, which could help crypto recover.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   Bitcoin Price Taps $75,000—Peter Brandt Warns of a Possible Drop to $54,000
•   ,

Bitcoin Price Outlook

Following this major event, Crypto trader Captain Faibik highlights that Bitcoin is losing a key long-term support level, the weekly EMA100, for the first time in over 840 days. This is seen as a warning sign on higher timeframes.

For now, all eyes are on the $68,000–$70,000 zone, which acted as strong resistance throughout 2024 and may now serve as critical support.

As of now, Bitcoin price is trading around $76,453, reflecting a drop of 2.2% seen in the last 24 hours.

FAQs

The post Raoul Pal Explains Why the Crypto Market Isn’t Broken Despite Recent Downturn appeared first on Coinpedia Fintech News

The ongoing crypto sell-off has rattled investor confidence, but macro investor Raoul Pal believes the narrative around crypto being “broken” is deeply flawed. According to Pal, the current downturn has little to do with crypto-specific issues and everything to do with a severe liquidity crunch in the United States, triggered by repeated government shutdowns and broader structural drains in the financial system.

U.S. Liquidity, Not Crypto, Is the Core Problem

In a recent X post, the Global Macro Investor founder explained that markets should be trending higher this cycle, but U.S. liquidity constraints are holding them back. Pal pointed to two U.S. government shutdowns as a major shock to liquidity, combined with issues in what he described as “U.S. plumbing.” Notably, the Reverse Repo facility drain was largely completed in 2024, removing a key source of excess liquidity that had previously supported risk assets.

The most recent shutdown began last Friday, despite the Senate reaching a funding deal. With the House not in session until later this week, liquidity conditions tightened further, creating what Pal described as a temporary “air pocket” for markets. Still, he remains optimistic that the shutdown could be resolved soon, removing what he believes is the final major hurdle for liquidity to return.

Debunking the Fed and Warsh Narrative

Pal also dismissed growing concerns around former Federal Reserve Governor Kevin Warsh, who has been nominated as the next Fed chair. Some market participants have labeled Warsh as hawkish, suggesting rate cuts may be delayed or avoided altogether. Pal called this narrative “baseless,” arguing that Warsh’s mandate aligns with a Greenspan-style playbook.

According to Pal, Warsh is expected to cut rates and largely stay out of the way while fiscal authorities and banks drive liquidity. He emphasized that balance sheet tightening is unlikely due to existing reserve constraints, warning that aggressive moves could destabilize lending markets.

Bitcoin Slides as ETF Outflows Accelerate

While macro pressures dominate, Bitcoin remains under pressure in the near term. BTC is down another 2%, trading near $76,000 at press time, marking a sharp reversal from the upward momentum seen earlier this month. Heavy spot Bitcoin ETF outflows have amplified the weakness.

Over the past two weeks alone, spot BTC ETFs recorded roughly $2.8 billion in net outflows, making January one of the worst months on record for institutional selling. Total assets under management across Bitcoin ETFs have now fallen about 31% from their October peak, dragging sentiment lower across the broader crypto market.

Looking Ahead: Patience Over Panic

Despite the brutal price action, Pal ended on a bullish note. He believes the forces suppressing liquidity are nearly exhausted and that markets are approaching a turning point. In his view, time, not short-term price moves, matters most in full-cycle investing. If liquidity begins to flow again as expected, Pal sees the groundwork being laid for a powerful bull phase heading into 2026.

FAQs

The post Ripple Expands in EU with Full Luxembourg EMI License appeared first on Coinpedia Fintech News

Ripple has officially received its full Electronic Money Institution (EMI) license from Luxembourg’s CSSF, marking a major step in its European growth. The approval allows Ripple to offer regulated blockchain-based payment solutions across the EU, supporting businesses in moving to modern, digital-first finance. This comes after recent UK approvals and adds to Ripple’s portfolio of 75+ global licenses, making it one of the most regulated and trusted players in the crypto and digital assets space.

The post Why is the Crypto Market Down Today? appeared first on Coinpedia Fintech News

The crypto market is once again under pressure today, falling about 2%, pulling back to a total value of $2.61 trillion. Interestingly, 87 out of the top 100 cryptocurrencies are currently trading in the red.

Bitcoin, the leading cryptocurrency, has dropped to its lowest level since April last year and is now trading around $77,324. Other major coins, including Ethereum, XRP, Solana, and DOGE, have also seen sharp declines today.

So, what is driving the crypto market lower today?

Kevin Warsh as New Fed Chair

One of the main reasons behind today’s drop is renewed fear around interest rates. Market sentiment turned negative after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair. 

Warsh is known for supporting tighter monetary policy, which has raised concerns that interest rates could stay higher for longer. Meaning investors usually move money away from risky assets like Bitcoin.

Adding to the uncertainty, investors are also concerned about the ongoing partial U.S. government shutdown. House Speaker Mike Johnson said the House is working to end the shutdown by today.

Such political uncertainty often pushes investors away from risky assets, which puts more pressure on crypto prices.

Bitcoin and Ethereum ETF Outflows Continue To Hurt

Another major factor dragging the market lower is continued outflows from crypto exchange-traded funds. Last week alone, Bitcoin ETFs saw nearly $1.5 billion in outflows, signaling that large institutions are reducing exposure. Major players like BlackRock, Fidelity, and Bitwise led the withdrawals.

Ethereum ETFs also faced pressure, recording close to $460 million in outflows over the same period. These exits have added selling pressure to the spot market.

Liquidation Add Fear In the market

The sell-off was made worse by heavy liquidations. More than $800 million worth of leveraged crypto positions were wiped out in the last 24 hours, mostly from long trades using high leverage. 

The largest single liquidation occurred on Hyperliquid, with a BTC-USD position worth $15.46 million.

As liquidations surged, fear increased. The Crypto Fear and Greed Index has now dropped to 15, signaling extreme fear.

How Low Could Bitcoin Price Go?

After the recent sharp fall, veteran trader Peter Brandt has lowered his Bitcoin price target from $58K to $54K. Bitcoin is now hovering near key support around $74,500, and if this level breaks, the next major drop could take BTC down to about $66,530.

Another crypto trader, Captain Faibik, warned that Bitcoin has lost a very important long-term support level, the weekly EMA100, for the first time in more than 840 days. This is seen as a negative signal on bigger timeframes.

For now, traders are closely watching the $68,000 to $70,000 range. 

FAQs

The post MYX Finance and River Defy Market Slump, Emerge as Top Gainers—Can the Bulls’ Momentum Prevail? appeared first on Coinpedia Fintech News

While Bitcoin and major altcoins remain under pressure, select assets have begun to decouple from the broader market trend. MYX Finance and River prices have emerged as the top gainers among the top 100 cryptocurrencies, posting outsized moves despite prevailing risk-off sentiment. Their relative strength stands out at a time when most tokens are struggling to hold key supports, prompting traders to closely assess whether these rallies are driven by short-term momentum or the early stages of a broader trend shift.

MYX Finance (MYX) Price Approaches Critical Resistance

The daily chart highlights a steady recovery phase following a sharp post-spike correction, with the price now consolidating around the $5.7 region. MYX price continues to trade within the upper half of a rising structure, suggesting that buyers are gradually regaining control. However, price remains capped below a clearly defined resistance band, making the current setup a crucial decision zone that could determine whether the ongoing uptrend extends or transitions into deeper consolidation.

The MYX price is trading inside a rising parallel channel, which usually reflects a healthy and controlled uptrend. However, the area between $6.3 and $6.8 has acted as a stubborn ceiling, rejecting the price multiple times and keeping MYX in consolidation. 

The RSI is pointing to mild bullish strength without any signs of exhaustion, while the MACD has started to flatten, suggesting the market is pausing rather than reversing. As long as MYX holds above the $5.2–$4.6 support zone, the upside structure remains intact. A clean breakout above $6.8 could push the price toward $7.9 and $9.5, while a breakdown below channel support would shift attention toward the $4.2 region.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   Solana Price Faces Crucial Test at $100 as Downside Risk Builds Below $80—What’s Next?
•   ,

River (RVR) Price Aims for a 30% Recovery

The chart shows the River price coming off a strong impulsive rally, followed by a sharp pullback as it reacts to a major resistance zone. After pushing aggressively higher within a rising channel, RIVER has cooled down and is now hovering around the $21 area, where buyers are attempting to stabilize the move. This phase looks less like panic selling and more like a natural reset after an overheated run.

RIVER had been trending cleanly higher inside a rising wedge, signaling strong bullish momentum and experienced a breakdown. The pullback has now brought RIVER back into a key demand area around $14–$18, which previously acted as resistance and is now being retested as support. Momentum indicators reflect this cooldown: RSI has dropped toward the mid-40s, suggesting momentum has reset from overbought levels, while CMF, hovering slightly below zero, points to short-term capital outflows but not heavy distribution. If RIVER holds above the $14 support zone, a relief bounce toward $26 looks likely, followed by a retest of $35–$45 if buying strength returns. 

The Bottom Line

Even as Bitcoin and most large-cap altcoins lose momentum, MYX and RIVER are quietly holding up well, which is hard to ignore. MYX is respecting its rising structure, and RIVER is trying to stabilize after a strong run and a healthy pullback. This kind of price action usually points to selective buying rather than risk-off panic. If Bitcoin continues to drift without a sharp breakdown, these two could keep outperforming in the near term. That said, broader market sentiment still matters, so BTC’s next move will likely decide whether this relative strength turns into a sustained rally or fades.

FAQs

The post Russian Bitcoin Miner BitRiver Faces Bankruptcy appeared first on Coinpedia Fintech News

Russian Bitcoin mining giant BitRiver is on the brink of bankruptcy after a court launched insolvency proceedings over unpaid debts of more than 700 million rubles related to equipment and electricity costs. The company has shut down several facilities, faced management departures, and grappled with creditor lawsuits. Adding to its challenges, founder Igor Runets has been charged with tax evasion and placed under house arrest, intensifying the financial and legal pressures on the once‑leading mining firm.

The post Ripple News Today: Ripple Secures Full EMI License in Europe, Unlocks EU-Wide Payments appeared first on Coinpedia Fintech News

Ripple has reached a major regulatory milestone in Europe after obtaining full approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). This authorization upgrades Ripple’s status from “in-principle” approval to a fully operational license, allowing the company to legally provide regulated payment services across the European Union. The move places Ripple under a unified regulatory framework, enabling it to serve clients across multiple EU member states through passporting rights.

From Conditional Approval to Full Authorization

Ripple first revealed its preliminary approval for the Luxembourg EMI license last month. Since then, the company has satisfied all regulatory, operational, and compliance requirements set by the CSSF, clearing the final hurdle for full authorization. With this approval, Ripple is permitted to issue electronic money and deliver payment services throughout the EU without needing separate licenses in each jurisdiction.

Cassie Craddock, Ripple’s Managing Director for the UK and Europe, described the approval as a key step in strengthening Ripple’s role within European finance. She emphasized that Europe remains central to Ripple’s long-term strategy and that the license enhances the firm’s ability to provide compliant, blockchain-powered financial infrastructure to businesses transitioning toward digital-first payments.

Expanding Ripple Payments Across the EU

The Luxembourg EMI license is expected to accelerate the rollout of Ripple Payments, the company’s cross-border payments solution built for banks, fintech firms, and enterprise clients. Ripple Payments aims to modernize international transfers by improving settlement speed, lowering transaction costs, and increasing transparency compared to traditional correspondent banking systems.

Luxembourg’s status as a preferred hub for regulated financial services makes it a strategic base for Ripple’s EU expansion. While the company has not outlined a specific timeline or named initial markets, the license gives Ripple flexibility to scale its payment services across the bloc as demand grows.

.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}

.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}

.entry ul.article-inside-link li:last-child {
display: none;
}

• Also Read :
•   XRP Price Prediction: Why the $7 Target Is Still Alive After the Crash
•   ,

A Growing Regulatory Footprint

Ripple’s European progress comes alongside recent regulatory wins in the United Kingdom, where the company secured both an EMI license and cryptoasset registration from the Financial Conduct Authority. With the Luxembourg approval included, Ripple now holds more than 75 regulatory licenses and registrations worldwide, positioning it as one of the most heavily regulated firms in the digital asset industry.

Rather than viewing regulation as a barrier, Ripple sees compliance as a competitive advantage as institutional adoption of blockchain-based payments accelerates.

Unlocking Institutional-Scale Capital Flows

Commenting on the broader implications, X user Nzheo highlighted that infrastructure developments like this could unlock as much as $2 trillion in USD and EUR value moving daily. The focus on instant settlement, no pre-funding, and lower costs marks a significant improvement over legacy payment rails. Nzheo added that once a permissioned decentralized exchange becomes operational, real-world assets could begin moving on-chain quickly, potentially opening the door to large-scale institutional capital flows across regulated blockchain networks.

FAQs