Core Insights - The crypto market is experiencing a battle between bulls and bears, with bears currently holding the advantage but bulls identifying potential opportunities, leading to increased price volatility and liquidation losses for both Long and Short positions [1] Group 1: Solana (SOL) - In early February, SOL briefly fell below $100 due to negative market pressure, with a 7-day liquidation heatmap indicating that Short positions dominate [2] - The price around $100 is a critical support level for SOL, and increased leverage at this level poses significant risks [3] - A surge in new Solana addresses, exceeding 10 million daily in January, indicates user growth, while several factors such as meme coin launchpads and the expansion of the USD1 stablecoin may support a recovery [3][4] - If SOL rebounds above $113, Short liquidations could reach $500 million, while a drop towards $86 could result in over $142 million in Long liquidations [5] Group 2: Hyperliquid (HYPE) - HYPE has maintained a 50% rally since the January 21 bottom, contrasting with most altcoins that are setting new lows [6] - The liquidation map for HYPE shows a balanced situation between Longs and Shorts, with potential Short liquidations of around $80 million if the price moves to $35.5, and similar Long liquidations if it drops to $26 [6] - HYPE's price resilience against broader market trends indicates risk, compounded by strong capital outflows and insufficient market liquidity [8] - Catalysts for HYPE include a 90% reduction in monthly team allocations and demand for trading metal pairs, which have supported the token's price [8]

While other crypto enthusiasts are perturbed by Bitcoin price decline, Justin Sun is planning to invest around $100 million in the asset. Notably, Bitcoin price has now fallen to around $77,000, down by 14% within the last 30 days. Sun’s move comes at a time when Bitcoin treasury companies are counting their losses. Justin Sun to Buy the Bitcoin Dip Sun said that he is adding about between $50 million and $100 million worth of Bitcoin to Tron’s holdings. Coincidentally, Bitcoin price fell below $75,000 ...

Core Insights - The cryptocurrency market experienced nearly $1.7 billion in liquidations within 24 hours, with a total market capitalization decline of 6% [1][2][6] Group 1: Liquidation Data - A total of 270,438 traders were liquidated during the recent market downturn, with long positions accounting for the majority of losses at $1.57 billion, while short positions totaled $107.74 million [2] - Bitcoin liquidations reached $768.69 million, predominantly from long positions at $745.3 million, while Ethereum saw total liquidations of $417.43 million, with $390.5 million from long positions [3] - Hyperliquid recorded the highest liquidation volumes at $567.2 million in long liquidations, followed by Bybit at $329 million and Binance at $152.3 million in long liquidations [4] Group 2: Market Conditions - Bitcoin and Ethereum dropped to two-month lows of $80,815 and $2,687, respectively, during early Asian trading hours [6] - By the time of reporting, Bitcoin had slightly recovered to $82,023 and Ethereum to $2,737, while Solana experienced the largest decline among the top 10 cryptocurrencies, falling 7.7% [7] - The market crash affected not only cryptocurrencies but also precious metals and equities, indicating a broader market impact [7]

Robinhood (HOOD) is investing in Talos, an institutional trading technology provider for digital assets, in an extended Series B funding round that values the New York-based company at around $1.5 billion. Talos originally raised $105 million in a Series B funding round in May 2022, valuing the firm at $1.25 billion. The new extension brings the firm's total amount raised in its Series B to $150 million, the company said in a press release on Thursday. "We extended our series B round to accommodate inter ...

Core Insights - Hyperliquid (HYPE) has emerged as the top daily gainer among the 100 largest cryptocurrencies, experiencing a price increase of 22.44% over the past day, reaching $33.36 [2][4] - The overall cryptocurrency market capitalization has seen a nearly 1% increase, contributing to HYPE's price surge [1] - A significant factor driving HYPE's price is the spike in trading activity related to silver, with the Silver-USDC market recording approximately $1.1 billion in trading volume [3][5] Price Performance - HYPE surged to $34, marking its highest price since early December, with a daily trading volume rising by 93% to over $800 million [2][3] - Open interest across Hyperliquid Improvement Proposal 3 (HIP-3) markets reached a new all-time high of over $900 million, indicating increased market activity [5] Structural Upgrades - The price increase is linked to the recent structural upgrade, HIP-3, which allows users to create perpetual futures markets by staking at least 500,000 HYPE tokens [4] - Since the rollout of HIP-3, silver has become the most actively traded asset, accounting for the majority of daily trading volume in these markets [5] Trading Activity and Tokenomics - The trading activity in the SILVER-USDC market has been significant, with $1.15 billion executed, comparable to the daily volume on the ETH-USDC market [6] - Under HIP-3, fees generated from trading are split evenly, with 50% going to the market deployer and 50% to the protocol, impacting HYPE's tokenomics positively [6]

The native token of the BNB Chain, BNB, extended its recent advance, climbing more than 5% to $893 as it nears the $900 resistance level. The rally comes amid the debut of a physically backed BNB exchange-traded product (ETP) by crypto asset manager Virtune on Nasdaq Stockholm. The new product offers direct exposure to BNB with Coinbase as custodian and charges a 1.95% annual fee, further adding ways for investors to gain exposure to the cryptocurrency. The launch adds to a growing list of products tied ...

Core Insights - Binance Alpha maintained a market cap of $15.98 billion while the overall crypto market experienced a decline of nearly 1% [1][7] - New token launches, HeyElsa (ELSA) and FIGHT, tested updated airdrop mechanics, indicating innovation in token distribution strategies [1][7] - Despite Bitcoin's drop below $90,000 and significant institutional ETF outflows, certain micro-cap tokens showed remarkable gains, highlighting pockets of strength within the market [1][4] Market Overview - The crypto market cap decreased by 0.94% to $3.01 trillion, with trading volume collapsing by 21.10% to $102.57 billion [3][7] - The CMC Fear & Greed Index is at 34, indicating a state of fear among traders as they reduce leverage ahead of the Federal Reserve's policy meeting [3][4] Bitcoin and Institutional Demand - Bitcoin faced selling pressure with approximately 17,000 BTC entering exchanges as it fell below $90,000, reflecting weak institutional demand [4] - Spot Bitcoin ETFs experienced outflows of $32 million, while Ethereum ETFs saw $42 million in losses, with BlackRock selling $44.4 million worth of ETH [4] Performance of Tokens - Notable performers included Solana Mobile Seeker (SKR) with a 246% increase, Kyuzo's Friends (KO) rising by 230%, and River (RIVER) climbing 55% [1][8] - The volume-to-market-cap ratio for Solana Mobile Seeker was 1.19, indicating high turnover and active speculation [9] - Kyuzo's Friends recorded a trading volume of $44.5 million following its Binance Alpha listing, showcasing strong market interest [9]

Core Viewpoint - DeFi Development Corp. launched its meme coin DisclaimerCoin (DONT) and faced insider trading allegations shortly after the launch due to suspicious trading activity by an early investor. Group 1: Launch Details - DeFi Development Corp. launched the DONT meme coin on Thursday, with a public announcement made at 8:30 a.m. ET [4][5] - The firm holds over 2.2 million SOL, valued at approximately $283 million [4] Group 2: Trading Activity - An early trader, identified as "8FziB," purchased $4,000 worth of DONT tokens shortly after the token's creation, acquiring around 29 billion tokens, which is nearly 7% of the total supply of 420 billion tokens [2][3] - The trader's investment quickly appreciated to over $1 million as the price surged following the firm's promotional activities [2][6] Group 3: Allegations of Insider Trading - Blockchain data indicated that the trader began purchasing DONT tokens about 25 minutes after the token was created, before the public announcement [3][5] - Observers noted potential connections between the trader's wallet and another Solana address linked to DeFi Development Corp.'s liquid staking token, raising suspicions of insider trading [7][8]

Core Insights - Major cryptocurrency holders are strategically accumulating positions in Ethereum, Chainlink, and Bitcoin, contrasting with retail-driven selling pressure [1] - Ethereum's staking ratio has reached a new milestone of 30%, locking over $120 billion worth of ETH, indicating growing institutional confidence [1] - Bitmine Immersion staked an additional 86,848 ETH, bringing its total to 1.77 million ETH valued at $5.65 billion, signaling high-conviction accumulation [2] Institutional Accumulation - Institutions are locking funds to reduce liquidity on exchanges, altering the supply-demand balance and amplifying market impact [3] - Acquiring significant stakes allows institutions to participate in network governance, securing influence over future protocol upgrades [3] - Bitcoin has seen a significant uptick in institutional demand, with 577,000 Bitcoin worth $53 billion added over the past year [7] Altcoin Trends - The accumulation trend extends to altcoins, with the top 100 Chainlink whales accumulating 16.1 million LINK since mid-November 2025 [4] - Retail selling due to impatience and fear, uncertainty, and doubt (FUD) contrasts with smart money accumulating LINK in preparation for potential price increases [5] - Whale activity has dominated spot market average order sizes, while retail traders maintain dominance in the futures market [5][6]

Core Insights - Genius Terminal, a crypto trading platform backed by YZi Labs and advised by Binance co-founder Changpeng Zhao, is experiencing significant growth ahead of a potential airdrop [1][3] - The platform recently achieved its highest single-day trading volume of $787 million, with $728 million coming from Ethereum Virtual Machine-compatible networks [1] - Weekly trading volume has surged to over $2 billion, up from approximately $85 million the previous week, indicating a dramatic increase in user activity [2] User Engagement and Airdrop Expectations - The surge in trading activity is attributed to traders anticipating a potential airdrop, which incentivizes users to engage with the platform for early token allocations [3] - Airdrop farming has become a popular strategy among crypto users, allowing them to earn tokens from early-stage projects and sell them for profit once they are listed on exchanges [3] - Genius Terminal has not confirmed an airdrop date but has teased the possibility through social media, hinting at rewards connected to its points system, Genius Points (GP) [5] Points System and User Incentives - The Genius Points program rewards users based on their trading activity, with tiered bonuses that escalate from "Smart" to "God" status [6] - The more a user trades, the more points they earn, which could potentially make them eligible for future perks, including possible token airdrops [6]