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Cena XRP dnes obchoduje poblíž 1,38 USD a vykazuje první známky stabilizace po týdnech slabosti. Na grafu se začal formovat známý vzor odrazu, podobný minulým nastavením, která vedla k silným rally. Ale on-chain a data z derivátů nepotvrzují optimismus.

Nákupní tlak se výrazně snížil, dlouhodobí držitelé se stahují a rizika pákového efektu zůstávají vysoká. To vytváří konflikt mezi tím, co graf naznačuje, a tím, jak se investoři skutečně chovají.

Cena XRP vytváří známý vzor odrazu

The Crypto Fear & Greed Index fell to 5 on Thursday, signaling a sharp deterioration in market sentiment as digital asset prices continue to slide.

The decline reflects intensifying panic among investors, with risk appetite eroding amid broader global market uncertainty.

Crypto Sentiment Sinks Deeper Into “Extreme Fear” 

The Crypto Fear & Greed Index measures the overall emotional state of the cryptocurrency market on a scale from 0 to 100. Readings between 0 and 24 indicate Extreme Fear, 25 to 49 signal Fear, 50 represents Neutral conditions, 51 to 74 reflect Greed, and 75 to 100 denote Extreme Greed.

At 5, the index places the market firmly in Extreme Fear territory. The latest drop comes amid a steady decline in sentiment over recent weeks. 

Extreme Fear in Crypto Markets. Source:Alternative.me

A month ago, the index stood at 26, already within the Fear range. It slid to 12 a week earlier and registered 11 just a day before reaching its current low. The rapid deterioration highlights how quickly confidence has unraveled as prices weakened.

The collapse in crypto sentiment coincides with a broader surge in global economic anxiety, as evidenced by the World Uncertainty Index. The index tracks how frequently the term “uncertainty” appears in Economist Intelligence Unit country reports. 

It covers more than 140 countries and provides a quarterly, cross-country indicator widely used in macroeconomic research and global risk analysis.

In the third quarter of 2025, the World Uncertainty Index surged to an all-time high above 100,000. In the fourth quarter, it was recorded at 94,947. 

Those levels are roughly double the peaks observed during previous major crises, including the COVID-19 pandemic, Brexit, and the Eurozone debt crisis.

“Rising geopolitical tensions, volatile markets, and policy uncertainty are driving the spike, as investors struggle to price in what comes next,” Coin Bureau wrote.

World Uncertainty Index. Source: Federal Reserve Bank of St. Louis

The elevated reading signals heightened anxiety across global markets as investors grapple with unpredictable economic and political conditions. Against this backdrop, the crypto market’s plunge into Extreme Fear reflects not only falling prices but also a broader retreat from risk assets worldwide.

Crypto Market Cap Falls 22% in 2026 as Bitcoin and Ethereum Extend Losses 

The collapse in sentiment comes as the broader crypto market continues to move downwards. In 2026, total market capitalization has fallen by more than 22%, reversing the optimism that defined the start of the year.

Bitcoin, which began January on a stronger footing, ended the month down by more than 10%. It has dropped another 14.6% so far in February.

Ethereum has also fallen 33.8% year to date. The sustained drawdown has weighed on market activity.

Analysts Weigh Crypto Market’s Next Move 

Amid these bear market conditions, the community remains uncertain about what comes next. Analyst Kyle Chassé pointed to historical precedents, noting that similarly depressed readings in the Crypto Fear & Greed Index were seen in 2018, March 2020, and in the aftermath of the FTX collapse in 2022.

“Every time, it marked a massive opportunity window. No, it doesn’t guarantee the bottom. But historically, peak fear is where asymmetry lives,” he said.

Other analysts argue the current downturn could represent a shakeout phase before a potential breakout. Still, it remains unclear when, or if, a broader crypto market recovery will follow. 

Ray Youssef, CEO of NoOnes, has forecasted that Bitcoin could trade sideways until summer 2026. He noted that the exact location of the Bitcoin bottom remains unclear and that current dynamics increasingly suggest the market has entered a protracted reassessment of risk.

Youssef pointed to several structural factors, including US political and monetary cycles, persistent inflation constraints, weakened retail capital flows, and cautious institutional demand following heavy losses.

“As a result, we are unlikely to see a V-shaped reversal before the summer of 2026. More likely, we will see regular rebounds, triggered by short-covering and short squeezes,” he told BeInCrypto.

According to Youssef, such rebounds could be strong, ranging between 20% and 30%, and potentially prolonged. However, he warned they may ultimately prove to be bull traps. 

He stated that crypto traditionally remains in a long accumulation phase within a single range before the start of a true bull market.

Uniswap price is up around 3% over the past 24 hours, trading near $3.40. But this small move hides what really happened on February 11. That day, UNI surged nearly 42% to a high near $4.57 after news linked Uniswap to BlackRock’s tokenized fund expansion.

Since then, sellers have erased about 26% of that rally. This raises a key question: was this institutional-driven breakout a real trend shift, or a trap for retail buyers?

Uniswap Price Breakout on February 11 Was Driven by Retail Momentum

The rally on February 11 did not happen randomly.

On the 12-hour chart, Uniswap price had been forming a bullish setup since mid-January. Between January 19 and February 11, UNI made lower lows while the Relative Strength Index, or RSI, made higher lows. RSI measures momentum by tracking buying and selling strength. When price falls, but RSI rises, it signals a bullish divergence, often warning that selling pressure is weakening.

Bullish Structure: TradingView

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This divergence suggested that a rebound was building.

That signal was confirmed on February 11. On that day, On-Balance Volume, or OBV, broke above a long-term descending trendline. OBV tracks whether volume is flowing into or out of an asset. When OBV breaks upward, it usually shows growing retail participation. The timing was important.

Retail Participation Behind The Rally: TradingView

RSI divergence had been in place for weeks. OBV only broke out on February 11, exactly when the BlackRock-linked news hit the market. This shows that retail traders reacted aggressively to the headline, rushing into UNI.

With momentum and volume aligned, the Uniswap price surged to around $4.57 in a single session. But the structure of that candle raised early warning signs.

On the 12-hour chart, the breakout candle formed with a very long upper wick and a small body. This means buyers pushed the price higher, but sellers absorbed most of the move before the close. It was the first sign that a strong supply existed near $4.50. The rally looked powerful. But distribution had already started.

Whale Selling Near $4.57 Explains the Sharp Rejection

The long wick on February 11 was not driven by random selling. Whale data shows who was responsible.

On that day, supply held by large Uniswap holders dropped sharply from about 648.46 million UNI to 642.51 million UNI. That is a reduction of roughly 5.95 million tokens. At prices near $4.57, this represents selling pressure worth about $27 million.

This was not profit-taking by small traders. It was a coordinated distribution by large wallets.

Uniswap Whales In Action: Santiment

While retail buyers were chasing the breakout, whales were exiting into strength. This explains why the UNI price failed to hold above $4.50 and why the rally collapsed so quickly. Once large holders finished selling, buy-side momentum weakened. Without whale support, the market could not sustain elevated prices.

The result was a fast retracement. From the $4.57 peak, the Uniswap price fell about 26%. Most late buyers were possibly immediately pushed into losses. This confirms that the BlackRock-related surge became a liquidity event for large holders.

Retail provided the demand. Whales provided the supply.

4-Hour Chart Shows the Uniswap Price Rally Target Was Already Completed

The lower timeframe explains why the pullback started so quickly. On the 4-hour chart, Uniswap had been forming an inverse head-and-shoulders pattern inside a descending channel. This is a classic reversal structure that often signals a short-term breakout.

On February 11, UNI broke above the neckline of this pattern and quickly reached its projected target near $4.57. In technical terms, the setup had already completed its measured move.

Uniswap Price Structure: TradingView

At the same time, the 4-hour OBV divergence became clear. Between late January and February 11, UNI moved higher, but OBV continued trending lower. This shows that volume strength was weakening even as the price rose. This bearish OBV divergence warned that the breakout was not being supported by sustained retail demand. Plus, the OBV is currently trending down, showing retail offloading.

Retail traders focused on the price move. Whales focused on the structure. By the time most buyers entered, the rally was already mature. Now, price is drifting near $3.40 while volume continues to weaken. This suggests that speculative demand is fading.

Uniswap Price Analysis: TradingView

If UNI holds above $3.21, the market may attempt consolidation. But this support is fragile because it is built on short-term buying, not long-term accumulation.

A breakdown below $3.21 would likely trigger another sell wave. In that case, the next major level sits near $2.80, which marks the head of the prior reversal pattern. A move to this zone would erase all of the BlackRock-driven gains.

To regain strength, Uniswap price must reclaim the $3.68 to $3.96 region. This area now acts as a major obstacle after the failed breakout. Only a sustained move above it would reopen upside toward $4.57.

Strategy, formerly known as MicroStrategy, plans to issue additional perpetual preferred stock in a bid to ease investor concerns over the volatility of its common shares, according to its chief executive officer.

The announcement comes as Strategy’s stock, trading under the ticker MSTR, has fallen nearly 17% year to date.

CEO Says Preferred Shares Could Become Major Funding Tool for Strategy 

In a recent interview with Bloomberg, Strategy CEO Phong Le addressed Bitcoin’s price swings. He attributed its volatility to its digital characteristics. When BTC rises, Strategy’s digital asset treasury plan drives outsized gains in its common stock. 

Conversely, during downturns, the shares tend to decline more sharply. He noted that Digital Asset Treasuries (DATs), including Strategy, are engineered to follow the leading cryptocurrency.

To address this dynamic, the company is promoting its perpetual preferred shares, branded “Stretch.” 

“We’ve engineered something to protect investors who want access to digital capital without that volatility and that’s Stretch,” Le told Bloomberg.” To me, the story of the day is Stretch closes at $100 exactly how it was engineered to perform.”

The preferred shares offer a variable dividend, currently set at 11.25%, with the rate reset monthly to encourage trading near the $100 par value.

It’s worth noting that preferred stock has so far represented only a small portion of Strategy’s capital-raising activity. The company sold approximately $370 million in common stock and about $7 million in perpetual preferred shares to fund its previous three weekly Bitcoin purchases.

However, Le said, Strategy is actively educating investors about what preferred shares can do.

“It takes some seasoning. It takes some marketing,” he said. “This year, we have seen extremely high liquidity with our preferreds, about 150 times other preferreds, and as we go throughout the course of this year, we expect Stretch to be a big product for us. We will start to transition from equity capital to preferred capital.”

MicroStrategy’s Bitcoin Bet Under Pressure With Shares Trading Below Net Asset Value

The shift could prove important as Strategy’s traditional funding model faces pressure. Strategy continues to expand its Bitcoin holdings, purchasing more than 1,000 BTC earlier this week. As of the latest data, the firm holds 714,644 BTC.

However, the recent decline in Bitcoin’s price has weighed heavily on the company’s balance sheet. At current market prices of around $67,422 per coin, Bitcoin is trading well below Strategy’s average purchase price of approximately $76,056. As a result, the company’s holdings reflect an unrealized loss of roughly $6.1 billion.

The company’s common stock has mirrored that decline, falling 5% on Wednesday alone. MSTR is roughly down 17% so far this year. In comparison, Bitcoin has fallen more than 22% over the same period.

MSTR Stock Performance. Source: Google Finance

As mentioned before, Strategy’s Bitcoin accumulation strategy has relied more on equity issuance. A key metric in this model is its multiple to net asset value, or mNAV, which measures how the company’s stock trades relative to the value of its Bitcoin per share.

According to SaylorTracker data, Strategy’s diluted mNAV was approximately 0.95x, indicating the stock traded at a discount to the Bitcoin backing each share.

Micro (Strategy) mNAV. Source: SaylorTracker

That discount complicates the company’s approach. When shares trade above net asset value, Strategy can issue stock, purchase additional Bitcoin, and potentially create accretive value for shareholders. When shares trade below net asset value, new issuance risks diluting shareholders instead.

By increasing its reliance on perpetual preferred stock, Strategy appears to be adjusting its capital structure to sustain its Bitcoin acquisition strategy while attempting to address investor concerns over volatility and valuation pressure.

For MSTR shareholders, the shift toward perpetual preferred stock could reduce dilution risk. By relying less on common equity issuance, Strategy may preserve Bitcoin per share and limit pressure from discounted share sales. 

However, the move also introduces higher fixed dividend obligations, increasing financial commitments that could weigh on the company if Bitcoin remains under pressure. Ultimately, the plan reshapes the risk profile rather than eliminating the underlying volatility tied to its Bitcoin treasury.

The Stellar Development Foundation (SDF) announced at Consensus Hong Kong that TopNod, a non-custodial wallet, will integrate with the Stellar network. The move is part of SDF’s broader push into Asia — a region where it faces stiff competition from Solana, TON, and XRP in the payments and tokenization markets.

TopNod’s wallet uses key sharding and Trusted Execution Environment (TEE) technology to eliminate the need for seed phrases. The platform focuses on tokenized real-world assets (RWAs) and stablecoins rather than speculative tokens, though it remains a relatively young project with limited brand recognition outside Web3 circles.

SDF Bets on Emerging Markets

In an exclusive interview with BeInCrypto, Stellar CBO Raja Chakravorti called Asia Pacific “a critical growth driver” and said SDF plans to build out anchor networks in Indonesia, the Philippines, and Vietnam over the coming year.

“We brought employees in the region focused on Singapore first, but we’ve really been focusing on expanding rapidly,” Chakravorti said, adding that more APAC financial institution partnerships would be announced over the next two quarters — though he declined to share specifics.

SDF has also partnered with MarketNode, a Singapore-based tokenization platform, and said it is in discussions with financial institutions about tokenizing money market funds in the region.

The ambition is clear, but execution remains the question. Stellar’s on-chain RWA value crossed $1 billion over the past year, and its DeFi TVL tripled. Yet XLM has fallen roughly 71% from its 2025 high of $0.52, underperforming both Bitcoin and Ethereum. Daily transaction volumes have held steady, but average transaction values have dropped, suggesting that core payment use cases persist while speculative and high-value capital flows have dried up.

2026: The Distribution Problem

Chakravorti acknowledged that tokenization alone is no longer the differentiator.

“Last year was really about proving that tokenized products can be built at scale. This next year is really going to be about focusing on finding the right distribution outcomes for these assets,” he told BeInCrypto.

This is arguably Stellar’s biggest challenge. Franklin Templeton’s tokenized money market fund remains the network’s flagship RWA product, and US Bank recently announced a stablecoin partnership. But competing chains are moving fast — Solana and Polygon are both founding members of the same Blockchain Payments Consortium (BPC) as Stellar, and networks like Ethereum and Avalanche continue to attract institutional tokenization projects.

Privacy vs. Compliance

Stellar’s recent X-Ray upgrade (Protocol 25) introduced native zero-knowledge cryptography. Chakravorti framed this as an institutional necessity rather than a privacy-maximalist play.

“Privacy elements may encompass send, receive, who is the holder — but importantly, these have to be auditable,” he said. “The privacy may look slightly different depending on who you’re talking to.”

Whether this configurable approach satisfies both regulators and privacy-conscious users in Asia’s diverse regulatory landscape remains to be seen.

What’s Next

SDF confirmed its annual Meridian conference will move to Abu Dhabi in October 2026. The TopNod integration is expected to go live across the Philippines, Singapore, Japan, and other Asian markets, though no specific timeline has been provided.

For Stellar, the formula is familiar: strong infrastructure, growing institutional interest, and a clear narrative. The missing piece — as Chakravorti himself admitted — is distribution at scale.

Crypto hackers are now moving stolen funds in as little as two seconds after an attack begins. In most cases, they shift assets before victims even disclose the breach. 

That is the clearest finding from Global Ledger’s 2025 analysis of 255 crypto hacks worth $4.04 billion.

Blink and It’s Gone: Crypto Laundering Now Starts Before Disclosure

The speed is striking. According to Global Ledger, 76% of hacks saw funds move before public disclosure, rising to 84.6% in the second half of the year. 

How Fast Crypto Hackers Move Stolen Funds. Source: Global Ledger

This means attackers often act before exchanges, analytics firms, or law enforcement can coordinate a response.

However, speed tells only part of the story.

While first transfers are now near-instant, full laundering takes longer. 

On average, hackers needed about 10.6 days in the second half of 2025 to reach final deposit points such as exchanges or mixers, up from roughly eight days earlier in the year. 

In short, the sprint is faster, but the marathon is slower.

This shift reflects improved monitoring after disclosure. Once incidents go public, exchanges and blockchain analytics firms label addresses and increase scrutiny. 

As a result, attackers break funds into smaller pieces and route them through multiple layers before attempting cash-out. 

Hacking Speed Increased, but Crypto Laundering Speed Became Slower. Source: Global Ledger

Bridges, Mixers, and the Long Road to Cash-Out

Bridges have become the main highway for that process. Nearly half of all stolen funds, about $2.01 billion, moved through cross-chain bridges. 

That is more than three times the amount routed via mixers or privacy protocols. In the Bybit case alone, 94.91% of stolen funds flowed through bridges.

At the same time, Tornado Cash regained prominence. The protocol appeared in 41.57% of hacks in 2025. Its usage share jumped sharply in the second half of the year, following sanctions changes cited in the report.

State of Crypto Theft and Money Laundering. Source: Global Ledger 

Meanwhile, direct cash-outs to centralized exchanges fell sharply in the second half. DeFi platforms received a rising share of stolen funds. Attackers appear to avoid obvious off-ramps until attention fades.

Notably, nearly half of all stolen funds remained unspent at the time of analysis. That leaves billions sitting in wallets, potentially waiting for future laundering attempts.

The scale of the problem remains severe. Ethereum accounted for $2.44 billion in losses, or 60.64% of the total. 

Overall, $4.04 billion was stolen across 255 incidents.

Yet recovery remains limited. Only about 9.52% of funds were frozen, and 6.52% were returned.

Taken together, the findings show a clear pattern. Attackers now operate at machine speed in the first seconds after a breach. 

Defenders respond later, forcing criminals into slower, staged laundering strategies. The race has not ended. It has simply entered a new phase—measured in seconds at the start, and days at the finish.

Berachain’s native token, BERA, surged over 150% on February 11, marking its sharpest single-day gain in months. The rally follows weeks of renewed activity after the project spent much of 2025 under pressure from falling prices, token unlock concerns, and investor uncertainty.

The immediate catalyst appears to be the foundation’s strategic shift toward a new model called “Bera Builds Businesses.” 

Berachain’s Refund Fears to Revenue Ambitions: What Changed?

Announced in January, the initiative aims to back three to five revenue-generating applications designed to create sustainable demand for BERA. 

Instead of relying on heavy token incentives, the network now plans to focus on projects capable of producing real cash flow.

That pivot changed the narrative.

Throughout 2025, Berachain struggled as TVL (total value locked) collapsed from early highs, and the token fell more than 90% from its peak. Critics questioned whether its incentive-heavy growth model could survive a prolonged market downturn.

However, another major overhang also disappeared this month.

A controversial refund clause tied to Brevan Howard’s Nova Digital fund expired on February 6, 2026. The clause reportedly allowed the investor to request a $25 million refund if performance conditions were not met.

With the deadline passing, traders appear to view the removal of that risk as structurally positive.

Berachain Price Chart. Source: CoinGecko

At the same time, a large token unlock event also cleared without triggering heavy selling. That outcome fueled what analysts describe as a “relief rally.”

On-chain and derivatives data show rising trading volume and increasing open interest. 

Liquidation heatmaps indicate clustered short positions above key resistance levels, suggesting that short covering may have amplified upward momentum.

Still, risks remain.

Berachain faces continued token distribution pressure and must prove that its business-focused strategy can generate sustained demand. 

For now, however, the market appears to be rewarding clarity and the removal of uncertainty after a long period of silence.

BitMine Immersion Technologies vstupuje do vysoce rizikové fáze, protože papírové ztráty na svých drženích Ethereum nadále prohlubují. Akcie nedokázaly udržet nedávné oživení, zatímco jak technické, tak kryptoměnové signály naznačují slábnoucí přesvědčení.

K 10. únoru měla BitMine celkový investovaný kapitál téměř 15 miliard USD. Její aktuální hodnota portfolia klesla na přibližně 7,7 miliardy USD.

To znamená, že téměř 49 % jeho investiční hodnoty bylo na papíře ztraceno. Současně se Ethereum obchoduje blízko 1 950 USD, zatímco realizovaná cena BitMine se pohybuje kolem 3 850 USD. S cenou ETH téměř 50 % pod průměrnou nákupní úrovní většina držených aktiv zůstává hluboko v ztrátě.

Bitcoin faces renewed macro pressure after the latest US jobs report signaled a stronger-than-expected labor market, pushing Treasury yields higher and reducing the likelihood of near-term Federal Reserve rate cuts.

The US economy added 130,000 jobs in January, nearly double consensus expectations. At the same time, the unemployment rate fell to 4.3%, showing continued labor market resilience.

While strong employment is positive for the broader economy, it complicates the outlook for risk assets like Bitcoin.

Strong Jobs Data Delays Rate Cut Expectations

Markets had been anticipating potential rate cuts in the coming months amid slowing growth concerns. However, a resilient labor market reduces the urgency for monetary easing.

As a result, investors repriced expectations for Federal Reserve policy.

Bond markets reacted immediately. The US 10-year Treasury yield jumped toward the 4.2% level, rising several basis points after the report. The two-year yield also climbed, reflecting reduced probability of near-term cuts.

Higher yields tighten financial conditions. They increase borrowing costs across the economy and raise the discount rate used to value risk assets. 

Why Higher Yields Pressure Bitcoin

Bitcoin is highly sensitive to liquidity conditions. When Treasury yields rise, capital tends to rotate toward safer, yield-generating assets such as government bonds.

At the same time, a stronger dollar often accompanies rising yields. A firmer dollar reduces global liquidity and makes speculative assets less attractive.

Bitcoin Price Over the Past Week. Source: CoinGecko

This combination creates headwinds for crypto markets.

Although Bitcoin briefly stabilized near the $70,000 level earlier in the week, the jobs data increases the risk of renewed volatility. Without a clear signal that the Fed will ease policy, liquidity remains constrained.

“For Bitcoin, this report is a short-term headwind. A beat of this magnitude dampens the probability of a March rate cut and reinforces the Fed’s pause at 3.50%-3.75%. The cheaper money catalyst that risk assets need to mount a sustained recovery just got pushed further out. Expect the dollar to firm and yields to reprice higher, both of which pressure BTC into a range in the near term,” David Hernandez, Crypto Investment Specialist at 21shares told BeInCrypto. 

Market Structure Amplifies Macro Stress

The recent crash demonstrated how sensitive Bitcoin has become to macro shifts. Large ETF flows, institutional hedging, and leveraged positioning can accelerate moves when financial conditions tighten.

A stronger labor market does not guarantee Bitcoin will fall. However, it reduces one of the key bullish catalysts: expectations of easier monetary policy.

“In the short term, Bitcoin looks defensive. The key level to watch is $65,000. However, if this strong report turns out to be temporary rather than a sign the economy is heating up again, the Fed could still cut rates later this year. When that happens, Bitcoin’s limited supply becomes important again. Strong data today may delay a rally, but it doesn’t break the long-term bullish case,” Hernandez said.

Fed Rate Cut Probability for March 2026. Source: CME FedWatch The Bottom Line

The latest US jobs report reinforces a “higher-for-longer” rate environment.

For Bitcoin, that is not immediately catastrophic. But it does make sustained upside more difficult.

Unless liquidity improves or yields retreat, the macro backdrop now leans cautious rather than supportive for crypto markets.

Cena MYX Finance prudce klesla, klesla pod kritickou úroveň $5,00 a signalizuje rostoucí riziko poklesu.

Toto rozpadání následuje po několika sezeních klesajícího momenta. Prodejní tlak se zrychlil poté, co MYX nedokázal udržet klíčovou intradenní podporu. Struktura trhu nyní odráží medvědí posun.

Obchodníci MYX se stávají medvědími

Nedávný pokles vyvolal zvýšenou krátkou pozici mezi obchodníky MYX. Data o financování ukazují, že trh s futures je dominován krátkými kontrakty. Negativní financování odráží medvědí přesvědčení, protože obchodníci se připravují na další poklesy ceny MYX Finance.

Solana vstoupila do korektivní fáze poté, co se jí nepodařilo udržet nedávný odraz. Token dosáhl vrcholu poblíž 88 $ 8. února, než se dostal do stabilního poklesu. Od té doby cena Solany klesla téměř o 10 %, přičemž prodejní tlak se v posledních 24 hodinách zvyšoval.

Ačkoli tento pokles zatím nenaznačuje plný obrat trendu, technická a on-chain data naznačují, že současná korekce je formována slabou účastí na trhu. S tím, jak se krátkodobí obchodníci zapojují, Solana nyní silně spoléhá na kupující poblíž 75 $, aby předešla hlubším ztrátám. Otázkou je, zda spekulativní kapitál, který často rychle odchází, dokáže skutečně bránit klíčové úrovni podpory.

The Robinhood stock price has rebounded nearly 23% since its February 5 low near $71. On the surface, this looks like a strong recovery for HOOD. The company also just posted its best financial year on record.

But the bigger picture tells a different story. Weak crypto activity, fading money flows, and rising technical risks suggest this rebound may not last. For now, downside pressure remains the dominant force.

Earnings Strength and Crypto Drag Are Pulling in Opposite Directions

Robinhood delivered a strong financial performance in 2025. Full-year revenue reached about $4.5 billion, up more than 50% year over year. Net income hit nearly $1.9 billion. Q4 revenue rose 27%, and earnings per share beat expectations. Options trading, interest income, and Gold subscriptions all grew sharply.

These numbers show that the core business is improving. Robinhood is no longer dependent only on meme stocks and crypto trading. It is becoming more diversified and more stable.

The company also launched the public testnet for Robinhood Chain. This is an Ethereum Layer 2 network built on Arbitrum. It aims to support tokenized stocks, 24/7 trading, and DeFi tools. This is a long-term growth move, not a short-term price driver. But crypto remains a problem.

Crypto revenue fell 38% year over year to about $221 million. This drop was linked to Bitcoin’s pullback and weaker trading volumes. Because crypto still contributes a large share of activity, the slowdown hurt total revenue. Q4 sales missed analyst estimates by roughly $50 million.

Markets focused on that miss.

After earnings, the stock fell around 7% in extended trading. This showed that investors still see crypto as a major risk. Even strong profits and new products could not offset that weakness. Post that underwhelming crypto-specific performance, the Robinhood stock price seems to have rekindled the fears associated with a bearish pattern break.

HOOD price broke below the falling channel on February 2, triggering a near 30% breakdown. While $71 offered support, the crypto-led weakness could soon attempt to push the prices down.

HOOD Price Pattern: TradingView

That is why the rebound since February 5 looks fragile. It is happening inside a broader downtrend, not a new uptrend.

Weak Money Flow and Death Cross Risk Signal Fading Confidence

Price action alone does not explain everything. Money flow indicators show that big investors remain cautious.

One key tool is Chaikin Money Flow, or CMF. CMF combines price and volume to show whether large players are buying or selling. When it stays above zero, institutions are usually accumulating. When it stays below, they are exiting or staying away.

Right now, Robinhood’s CMF remains negative.

Even during the 23% rebound, CMF failed to reclaim the zero line. It also stayed below its falling trendline. This means that the rally lacked strong big-wallet backing.

Weak Money Flow: TradingView

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That makes rebounds unstable. Moving averages add another warning.

An Exponential Moving Average, or EMA, gives more weight to recent prices. Traders use them to judge trend strength. When short-term averages fall below long-term ones, momentum weakens.

Robinhood is now facing a “death cross” risk. This happens when the 50-day EMA drops below the 200-day EMA. It often signals longer-term weakness.

Two bearish crossovers already formed on January 30 and February 4. After the January signal, the stock fell nearly 30%. Now, the 50-day is again moving toward the 200-day. If this crossover confirms, downside pressure could intensify.

Crossover Risk: TradingView

There is only one mild positive.

On-Balance Volume, or OBV, compares volume on up days and down days. It shows whether buyers or sellers dominate. Between September and February, OBV formed higher lows, while HOOD made lower lows. This suggested that some retail investors were still accumulating.

Retail Participation: TradingView

If crypto weakness continues, even this support may fade. Without strong demand from big wallets, retail buying alone is rarely enough to reverse a trend.

New Falling Channel Points to Key Robinhood Stock Price Levels

The chart structure remains bearish.

Robinhood has been trading inside a falling channel since October. A falling channel forms when price makes lower highs and lower lows inside parallel trendlines. It signals controlled but persistent selling.

Now, a new parallel channel is forming based on recent price action. This updated structure points to a potential downside of more than 40% if the lower trendline breaks. The first key HOOD price level is $71, the last support zone.

As long as the price stays above it, the rebound has a chance to survive despite the crypto drag. A clean break below $71 would bring lower levels into the picture. If that happens, the next major zone sits near $55.

Robinhood Price Analysis: TradingView

On the upside, resistance remains heavy. The HOOD stock price needs to reclaim $87 and then $98 to improve short-term structure. Above that, $107 and $119 act as major barriers.

PIPPIN price has staged a powerful rally, pushing the meme coin closer to its all-time high. While momentum remains strong, continued investor selling could test the sustainability of this advance.

The question now is whether PIPPIN can sustain demand and convert resistance levels into lasting support.

PIPPIN Is Not Overheating

The Network Value to Transactions, or NVT, ratio remains relatively low despite the recent price spike. Historically, sharp rallies in speculative assets push the NVT ratio higher. A rising NVT often signals that market value is outpacing transaction activity, suggesting overheating conditions.

In PIPPIN’s case, the muted NVT reading indicates that network usage is expanding alongside price. Transaction volumes have kept pace with market capitalization growth. This alignment reduces the probability of an immediate correction driven purely by overvaluation concerns.

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PIPPIN NVT Ratio. Source: Glassnode

A low NVT ratio during a rally can signal healthy participation. It suggests that price gains reflect genuine user engagement rather than excessive speculation. For investors focused on on-chain fundamentals, this metric supports the view that PIPPIN’s recent breakout attempt rests on a stronger footing.

Will Investors’ Selling Affect PIPPIN?

Exchange data shows that holders have been actively selling over the past several days. Since the beginning of the month, approximately 41.95 million PIPPIN tokens have moved onto exchanges. At current prices, this represents more than $17 million in realized supply.

Such selling typically reflects short-term profit-taking following rapid price appreciation. However, distribution alone does not confirm a bearish reversal. In strong uptrends, elevated exchange balances can coincide with aggressive demand from new entrants absorbing available supply.

PIPPIN Balance on Exchanges. Source: Glassnode

The combination of rising prices, steady NVT readings, and exchange inflows may indicate absorption. Buyers appear willing to offset sell pressure without triggering a breakdown. This dynamic is often observed in early-to-mid bull market phases, when demand quietly outpaces distribution despite visible profit-taking.

PIPPIN Price Breakout Likely

PIPPIN price has surged 159% over the past five days, trading at $0.419 at publication. The meme coin stands out as the week’s top-performing digital asset. Technical charts show the token nearing a breakout from a descending broadening wedge pattern.

The wedge formation projects a potential 221% advance upon confirmation. A decisive move above $0.518, flipped into support, would validate the breakout structure. Even if PIPPIN falls short of the full projection, momentum could still drive price beyond its previous all-time high of $0.720 and toward $0.800.

Risk factors remain relevant for short-term traders. If the NVT ratio begins rising while exchange selling persists, transaction activity may weaken. A failed breakout could trigger a pullback toward $0.267 or even $0.186. Such a decline would invalidate the current bullish thesis and shift momentum decisively lower.

Strategy, dříve známá jako MicroStrategy, zůstává uzamčena v přetrvávajícím medvědím trhu. Společnost vedená Michaelem Saylorom se snažila znovu získat momentum, zatímco její akcie odrážejí pokles Bitcoinu.

Jak Bitcoin koriguje, akcie Strategy následují, posilují volatilitu a zvyšují citlivost na změny sentimentu digitálních aktiv.

MSTR proráží

Před asi týdnem se Chaikin Money Flow vytvořil býčí divergenci vůči ceně. Zatímco MSTR zaznamenal nižší minimum, CMF vykázal vyšší hodnotu. Tato divergence signalizovala zlepšující se kapitálové toky navzdory klesajícím cenám, což naznačuje selektivní akumulaci pod povrchem.

A Bitcoin (BTC) wallet referenced in the ransom note sent to media outlets after Nancy Guthrie’s disappearance has shown activity for the first time.

As new details continue to emerge, attention surrounding the case has expanded beyond law enforcement efforts. Traders have begun placing bets on the prediction market platform Polymarket related to the case. This prompts ethical concerns over speculation tied to an active investigation.

Nancy Guthrie Disappearance: Key Facts, Ransom Details, and FBI Developments

BeInCrypto reported that Nancy Guthrie, the mother of “Today” show host Savannah Guthrie, was abducted from her Catalina Foothills home in Tucson, Arizona. She was last seen on January 31 and reported missing on February 1. 

Authorities discovered blood spatter near the entrance of the residence. Guthrie’s phone, wallet, medication, and car were left behind. The FBI is assisting the Pima County Sheriff’s Department in the investigation.

Following the abduction, alleged ransom communications began to surface. People magazine reported that on the evening of February 2, Tucson’s CBS affiliate, KOLD, received an email containing a ransom note.

The message demanded $4 million in Bitcoin by February 5 for Nancy’s safe return and $6 million by February 9 if the initial payment was not made. According to sources, the note warned of severe consequences if the second deadline passed without payment.

Entertainment news outlet TMZ reportedly got the same email the following day. The FBI confirmed it is treating the ransom email sent to US media outlets, which referenced the Monday deadline, seriously.

On February 9, FBI Phoenix Spokesperson Connor Hagan shared that the agency was “not aware” of any continued communication between the Guthrie family and the alleged kidnappers.

FBI Director Kash Patel also released surveillance footage connected to the case, as authorities enter the second week of the search for Guthrie.

Bitcoin Wallet Linked to Nancy Guthrie Ransom Note Shows Activity 

Meanwhile, TMZ reported that the Bitcoin wallet in the ransom note showed recent activity. However, it did not disclose the exact amount.

“We’ve seen activity for the first time in the Bitcoin account listed in the first ransom note, which was sent to us here at TMZ, and also to 2 TV stations in Tucson. For various reasons, we are not going to reveal the amount,” TMZ wrote.

Citing a source, People reported that a small transaction, estimated to be in the “hundreds of dollars,” was reportedly transmitted to the Bitcoin wallet referenced in the ransom note.

Although Bitcoin transactions are publicly recorded on the blockchain, tracing ransom payments is not always simple. Identifying the person behind a wallet address typically requires additional investigative tools and cooperation from exchanges.

In some cases, attackers may move funds across multiple wallets, convert across platforms, or route through cryptocurrency mixers. This is done to design to obscure transaction trails. While blockchain transparency can aid investigators, efforts to layer or disguise transactions can make tracking and recovery significantly more complex.

Nancy Guthrie Arrest Bet Highlights Ethical Dilemma of Prediction Markets

The case has also surfaced on prediction market platform Polymarket, where users are speculating on a potential arrest deadline.

The market, titled “Nancy Guthrie kidnapper arrested by February 28?,” was created on February 10, 2026, at 1:04 PM ET. Traders are currently assigning roughly a 78% probability of an arrest by that date, with the odds fluctuating rapidly.

Nancy Guthrie-Linked Prediction Market on Polymarket. Source: Polymarket

The emergence of an active market tied to a real-time kidnapping investigation raises broader ethical concerns. Turning an ongoing and sensitive criminal case into a speculative financial instrument risks trivializing the severity of the situation. 

Furthermore, such markets may also risk incentivizing misinformation, amplifying rumors, or distorting public perception while law enforcement efforts are still underway.

While such platforms are often described as tools for aggregating expectations, their application to active criminal investigations remains subject to debate, particularly when the outcome directly affects victims and their families.

Cena XRP nedávno klesla pod 1,50 USD, čímž prodloužila svou korekci a obnovila signál dna, který byl naposledy vidět před téměř dvěma lety. Pokles posunul XRP pod jeho realizovanou cenu, což je klíčová metrika na řetězci.

Následovalo panické prodávání, přesto nyní některé investiční skupiny považují tuto slabost za potenciální příležitost. Historické vzory však naznačují hlubší konsolidaci nebo vznikající hodnotovou zónu pro akumulaci.

Držitelé XRP prodávají

Skeptismus investorů roste, protože cena XRP se snaží o smysluplnou obnovu. Jak maloobchodní držitelé, tak velcí investoři snižují expozici. Nedostatek udržitelného vzestupného momentu oslabil důvěru a posílil obavy z dlouhodobého rizika poklesu v aktuálním cyklu kryptoměn.

Institutional investors now have a new way to trade crypto without depositing assets directly on an exchange. The milestone follows Binance and Franklin Templeton’s unveiling of an off-exchange collateral program built around tokenized money market funds (MMFs).

The initiative reflects a broader shift toward real-world asset (RWA) tokenization and infrastructure tailored to the needs of large financial players, but risks remain.

Binance and Franklin Templeton Launch Off-Exchange Crypto Collateral for Institutions

Binance co-CEO Richard Teng confirmed the launch, stating that institutional clients can now use tokenized MMF shares issued through Franklin Templeton’s Benji Technology Platform as collateral for trading on Binance.

“…improving efficiency and bringing TradFi and crypto closer,” said Teng.

Under the program, eligible institutions can use tokenized shares of Franklin Templeton’s regulated MMFs as collateral while keeping those assets in third-party custody.

Instead of transferring funds onto an exchange, the collateral’s value is mirrored within Binance’s trading environment using infrastructure provided by custody partner Ceffu.

This structure addresses a long-standing concern among institutional traders: counterparty risk. This is much like Bitcoin ETFs helped quell institutional concern about crypto exposure.

By keeping assets off-exchange, firms can reduce exposure to exchange failures while still accessing liquidity and trading opportunities.

The design also improves capital efficiency. Traditional collateral posted on exchanges often earns no yield. However, MMFs generate returns, allowing institutions to keep capital productive while supporting trading activity.

“Our off-exchange collateral program is just that: letting clients easily put their assets to work in third-party custody while safely earning yield in new ways,” read an excerpt in the announcement, citing Roger Bayston, Head of Digital Assets at Franklin Templeton.

Meanwhile, Catherine Chen, Head of VIP and Institutional at Binance, sees the move as part of a broader effort to integrate TradFi instruments into blockchain-based markets.

A milestone in the Binance–Franklin Templeton Partnership

The launch marks the first live product from a strategic collaboration announced in September 2025. It also highlights the accelerating role of tokenized RWA in crypto markets, particularly low-volatility instruments such as Treasury-backed funds and money market products.

Demand for yield-bearing collateral that can support 24/7 trading cycles is rising, according to industry participants.

“Institutions increasingly require trading models that prioritize risk management without sacrificing capital efficiency,” said Ian Loh, CEO of Ceffu.

Meanwhile, Binance community representatives emphasized that custody, yield, and operational safeguards remain top priorities for institutional investors.

This holds, particularly in a market still shaped by the memory of exchange failures and liquidity shocks in previous cycles.

Why Timing Matters In 2026

The launch comes at a moment when crypto markets are witnessing volatility and more cautious institutional sentiment.

Bitcoin and other major assets have experienced periods of deleveraging, and some institutional flows have slowed from the highs of 2025. BeInCrypto recently reported that Bitcoin ETF investors are facing 8% losses as $3 billion has exited the market in two weeks.

In this environment, infrastructure that reduces custody risk while preserving yield may make participation more attractive to:

Hedge funds

Asset managers, and

Corporate treasuries

However, this is contingent on these players remaining interested in digital assets but wary of operational exposure.

More broadly, the initiative aligns with a growing trend toward tokenization. Analysts widely expect RWAs to play a central role in the next phase of crypto adoption, providing stable collateral and bridging traditional financial markets with blockchain networks.

Centralization Concerns and Hidden Trade-Offs

Despite the enthusiasm, caution is key, as the new structure does not eliminate risk but redistributes it. While assets remain off-exchange, trading execution, valuation mirroring, and liquidity still depend heavily on Binance’s ecosystem and operational stability.

Such hybrid models may reinforce the dominance of large centralized platforms rather than advancing the decentralization ideals that originally defined crypto markets.

There are also operational and regulatory considerations:

Tokenized assets introduce blockchain-specific risks, and

Cross-border rules governing custody and tokenization continue to change.

As such, institutions participating in such programs must get past a complex web of compliance requirements that can vary by jurisdiction.

Notwithstanding the caveats, the Binance–Franklin Templeton initiative mirrors a key reality of crypto’s current phase of growth: institutional adoption is increasingly driven not by speculative excitement but by infrastructure.

Programs that address custody, capital efficiency, and risk management are becoming the foundation of institutional engagement. While retail traders may see little immediate impact, the long-term significance lies in how these tools reshape market structure.

In that sense, the new collateral program is less about a sudden revolution and more about a gradual transformation—one that brings digital assets closer to the operational standards of TradFi, even as debates over centralization and control continue to shape the industry’s future.

Pepe (PEPE), a large-cap meme coin on Ethereum, has entered its sixth consecutive week of decline. However, on-chain data shows that smart money accumulation remains intact.

As meme coins lose favor amid weakening market liquidity, questions are rising over whether PEPE can stage a recovery.

Top PEPE Whale Wallets Bet on a Bullish Reversal

Last month, James Wynn, a well-known trader on Hyperliquid with large PEPE long positions, predicted that PEPE’s market capitalization could reach $69 billion by 2026. This forecast came just before a sharp rally. Two weeks later, he confirmed that he had closed all positions and sold his entire PEPE holdings.

Despite this exit, other investors have continued to accumulate PEPE. On-chain data from Santiment shows a notable shift in behavior among the top 100 largest wallets. Over the past four months, following the broader market sell-off in October, these wallets have accumulated approximately 23.02 trillion PEPE.

Santiment noted that large wallets often play a decisive role in reversing altcoin trends and triggering strong price rallies.

“Smart money wallets play a huge part in altcoins eventually reversing course and going on major runs. Retail sentiment is very bearish at the moment toward Pepe and meme coins, but expect that coins with heavy accumulation will inevitably have another breakout once Bitcoin is able to see some sustained bullish momentum.” — Santiment reported.

Pepe Top Wallet Accumulation. Source: Santiment

Analysts expect PEPE’s price to rebound in the near term. However, caution remains, as a potential new local bottom could form before any sustained recovery.

PEPE’s recovery appears to have some fundamental support. Still, investors remain hesitant to allocate capital to meme coins under current market conditions.

Market analyst Benjamin Cowen warned that, in a tightening liquidity environment, meme coins are likely to suffer the most severe impact. Some may even disappear entirely.

Data on meme coin dominance in the altcoin market, which measures meme coin market capitalization as a share of total altcoin capitalization, remains low.

Meme coin Dominance Ratio. Source: CryptoQuant

A sustained rebound in this dominance ratio would provide a clearer signal of a broader recovery for PEPE and the meme coin sector as a whole.

The Ethereum price is down more than 5% over the past few days and has now slipped below a key short-term structure. On February 10, ETH fell under $1,980 after failing to hold a narrow rebound channel. This move followed a sharp decline in DeFi activity and weakening institutional flows. Yet, despite the pressure, large holders have started adding again.

The question is simple: is this early accumulation, or just a temporary pause before another leg lower?

Pattern Break Confirms Weak ‘Big Money’ Support

Ethereum’s recent rebound from early February formed inside a bear flag. This structure acted like a short-term recovery attempt, not a trend reversal. On February 10, the price slipped below the lower boundary of the flag, triggering a pattern break with over 50% crash potential, as predicted in a previous Ethereum analysis.

This move mattered because it happened alongside weak money flow.

The Chaikin Money Flow, or CMF, measures whether capital is entering or leaving an asset using price and volume. When CMF moves above zero, it often shows large-scale institutional-style buying. When it stays below, it signals weak participation.

Between February 6 and February 9, ETH bounced, but CMF never crossed above zero. It also failed to break its descending trendline. This meant the rebound lacked strong backing from large investors.

Breakdown Structure Activated: TradingView

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In simple terms, the price moved up, but serious money did not follow strongly enough. When rebounds happen without strong CMF backing, they tend to fail. That is exactly what happened here. Once buying momentum stalled, sellers regained control and pushed ETH lower.

This confirms that the pattern break was not random. It was possibly supported by fading big money flows. But technical weakness alone does not explain the full picture.

DeFi TVL and Exchange Flows Reveal a Structural Problem

A deeper issue sits inside Ethereum’s DeFi activity.

Total Value Locked, or TVL, measures how much money is stored inside decentralized finance platforms. It reflects real usage, capital commitment, and long-term confidence. When TVL rises, users are locking funds. When it falls, capital is leaving.

BeInCrypto analysts combined the TVL and exchange flow dashboards to show a clear pattern.

On November 13, DeFi TVL stood at $75.6 billion. At the same time, ETH traded around $3,232. The exchange net position change was strongly negative, indicating more coins were leaving exchanges than entering. Investors were possibly moving ETH into self-custody.

TVL Impacts Exchange Flows And Price: Glassnode

That was a healthy setup.

By December 31, TVL had dropped to about $67.4 billion. ETH fell to $2,968. Exchange flows flipped positive. Around 1.5 million ETH moved onto exchanges. Selling pressure increased. Now look at February.

TVL History And Rising Exchange Flow: Glassnode

On February 6, DeFi TVL touched a three-month low of $51.7 billion. ETH was near $2,060. Exchange outflows weakened sharply (the Net Position line reached a local peak). Even though net flows stayed slightly negative, buying pressure collapsed, as explained by the February 6 peak. This shows a repeating relationship.

When TVL falls, exchange inflows rise or outflows weaken. That means capital is shifting from long-term use toward potential selling.

As of February 10, TVL has only recovered to around $55.5 billion, down almost $20 billion from the mid-November levels. That is still close to the three-month low. Without a stronger recovery, exchange-side pressure is likely to return. So the pattern break is happening while Ethereum’s core usage remains weak.

That is a structural problem, not just a chart issue.

Whale Accumulation and Cost Basis Explain the Ethereum Price Support

Despite weak technicals and falling TVL, whales have not fully exited.

Whale supply tracks how much ETH is held by large wallets, excluding exchanges. Since February 6, whale holdings fell from about 113.91 million ETH to nearly 113.56 million. That confirmed the distribution during the breakdown. But over the past 24 hours, this trend paused.

Ethereum Whales: Santiment

Holdings edged back up slightly, from 113.56 million ETH to 113.62 million, showing small-scale accumulation. This suggests that whales are testing support rather than committing fully.

The reason becomes clear when looking at cost basis data.

Cost basis heat maps show where large groups of investors bought their coins. These zones often act as support because holders defend their entry prices. For Ethereum, a major cluster sits between $1,879 and $1,898. Around 1.36 million ETH were accumulated in this range. That makes it a strong demand zone.

Cost Basis Heatmap: Glassnode

The current price is hovering just above this area.

As long as ETH stays above this band, whales have an incentive to defend it. Falling below would push many holders into losses and likely trigger heavier selling. This explains the cautious buying.

Whales are not betting on a rally. They are possibly protecting a critical cost zone.

From here, the Ethereum price structure becomes clear.

Support sits near $1,960 and then $1,845. A daily close below $1,845 would break the main cost cluster and confirm deeper downside risk. If that happens, the next major downside zones sit near $1,650 and $1,500.

Ethereum Price Analysis: TradingView

On the upside, ETH must reclaim $2,150 to stabilize. Only above $2,780 would the broader bearish structure weaken. Until then, rebounds remain weak.

Erik Voorhees, raný zastánce Bitcoinu a zakladatel ShapeShift, dělá odvážný obrat k zlatu.

Tento krok přichází, když zlato po 21% pádu opět roste, s perspektivami pro další zisky, pokud jsou projekce analytiků jakýmikoliv vodítkem.

Zlatý krok Erika Voorheese naznačuje posun za hranice Bitcoinu

Lookonchain hlásí, že Voorhees vytvořil devět nových peněženek a utratil 6,81 milionu dolarů v USDC. Bitcoin OG zakoupil 1 382 uncí PAXG, token krytý zlatem, stejně jako Tether Gold, za průměrnou cenu 4 926 USD za unci.