Crypto

Analysts say Ether’s MVRV Z-Score has entered capitulation territory at -0.42 after falling 30% in a fortnight, though it is still far from its worst score. Ethereum has hit a zone typically associated with mass selling, with an MVRV Z-Score returning a score of -0.42 — though analysts are split on whether the price of Ether is close to bottoming out.  The MVRV Z-Score is a metric used to assess whether a crypto asset is overvalued or undervalued by comparing its market value to its realized value, which reflects the total value of Ether based on the price at which it was last transacted.  The metric was created to identify periods of market euphoria or capitulation when market value was considerably higher or lower than realized value. Read more

The Ethereum co-founder has outlined a four-quadrant Ethereum-AI buildout spanning private AI use, agent markets, and governance.

The crypto market’s volatility is just “part of the game,” says Federal Reserve governor Chris Waller, who adds that traditional finance may have added to the recent market drop. Federal Reserve governor Chris Waller says the crypto hype that accompanied US President Donald Trump’s election victory has begun to wane as the market has become more entwined with traditional finance. “I think some of the euphoria that came into the crypto world with the current administration, some of that's kind of fading,” Waller said at a conference on Monday. “A lot of it has been brought into the mainstream finance,” Waller said. “Then, you know, things have to happen there, so I think there was a lot of sell-off just because firms that got into it from mainstream finance had to adjust their risk positions.” Read more

Crypto market analysts have become increasingly bearish, with technical signals favoring further downside before any meaningful recovery. 

The sentence was handed down in absentia after prosecutors said the defendant cut off an ankle monitor and fled supervision.

Chainlink co-founder Sergey Nazarov says the recent crypto market downturn has inadvertently shown “how far the industry has progressed.” Chainlink co-founder Sergey Nazarov argues the recent crypto market downturn is unlike any previous bear market — there have been no major FTX-style collapses, and tokenized real-world asset (RWA) growth remains substantial. Market cycles are normal, “but what is important is what those cycles reveal about how far the industry has progressed,” said Nazarov on X on Tuesday.  Crypto market capitalization has fallen 44% from its October all-time high of $4.4 trillion, with almost $2 trillion exiting the space in just four months.   Read more

Bitcoin’s sell-off shows signs of easing as large buyers step in, though analysts say any rebound still depends on institutional demand.

SEAL and the Ethereum Foundation created a Trillion Dollar Security dashboard to track Ethereum security as part of efforts to fight wallet drainers. The Ethereum Foundation is sponsoring crypto security nonprofit Security Alliance (SEAL) to “track and neutralize” crypto drainers and other social engineering attackers targeting Ethereum users. SEAL said on Monday that it launched the “Trillion Dollar Security” initiative with EF to support these efforts after reaching out to EF late last year about funding security engineers to more closely track drainer development and protect against wide-scale attacks. The EF is now sponsoring a security engineer whose “sole mission” is to work with SEAL’s intelligence team to combat drainers targeting Ethereum users, said SEAL. Read more

Buterin criticized modern DeFi as centralized in disguise, arguing USDC yield farming misses core principles.

Backpack founder Armani Ferrante says the company’s staff and investors won’t get an allocation at its upcoming token launch to avoid insiders “dumping on retail.” Backpack, a crypto exchange founded by former employees of FTX, says it will launch a 1-billion-supply token in the future, with its distribution schedule tied to its goal of going public in the US. Backpack posted to X on Monday that its token launch will begin with 25% of the intended supply, or 250 million tokens, to become available on a yet-to-be-disclosed launch date. Another 37.5% of the total supply, or 375 million pre-IPO tokens, will be made available “upon achievement of key milestones,” which Ferrante said would include opening in a new region or launching a new product. Read more

Fintech groups are pressing the Fed to loosen payment access for non-banks, setting up a clash with banks over risk and crypto exposure.

Bitcoin’s Fear & Greed sentiment indicator fell to its lowest ever level, leading some analysts to suggest that $60,000 was the bottom for BTC. Does historical data agree? Bitcoin (BTC) pushed back above $71,000 on Monday, after market sentiment indicators across the crypto market dropped to new lows. Some analysts believed that “extreme fear” and upside liquidity may help Bitcoin hold above its yearly-low at $60,000, but others warned that weak market conditions and bearish futures volume may push prices even lower. Key takeaways: Read more

The banking acquisition follows a trademark filing for “MrBeast Financial” in October, which specifically mentioned “cryptocurrency exchange services.” Beast Industries, the entertainment company founded by YouTuber Jimmy “MrBeast” Donaldson, is acquiring Step, a mobile banking app focused on teenagers and young adults, marking its most significant push into finance to date. In a post to X on Monday, Donaldson said the motivation behind the acquisition was to equip young people with the tools and guidance needed to navigate personal finance from an early age. Beast Industries CEO Jeff Housenbold said, "Financial health is fundamental to overall wellbeing, yet too many people lack access to the tools and knowledge they need to build financial security.” Read more

The Solana price ($SOL) has pulled off a stunning 12% rally from the bottom, but one critical signal threatens to crash the party.The bounce came fast, pushing SOL away from dangerous levels. Yet, seasoned analysts are still bearish, adding doubts to bullish Solana price predictions.There is one lurking indicator could send everything spiraling back down. […] The post Solana Price Prediction: SOL Bounces 12% Overnight – But This One Signal Could Ruin Everything appeared first on Cryptonews.

Patrick McHenry and Patrick Witt told CoinDesk Live at Ondo Summit that crypto law momentum grows, even as disputes over yield and ethics continue to sharpen.

ETH price moved above $2,150 as Bitcoin and US stock markets rallied, but does data show whether derivatives traders have turned bullish yet? Key takeaways: Ethereum maintains dominance in its total value locked metric, yet faces scrutiny over layer-2 scaling. ETH inflation rose to 0.8% as onchain activity slowed, while US macroeconomic fears kept the derivatives markets in bearish territory. Read more

Two crypto users lost $12.25 million and $50 million after copying incorrect wallet addresses.

A protracted selloff across crypto has pulled Bitcoin down to the sub-$70,000 level today, but there are signs that the industry is rearranging itself for the next explosive bull run.One of the first targets in the industry’s crosshairs is the US Clarity Act, a piece of legislation that will establish clear guidelines for US crypto […] The post Best Crypto to Buy Now February 9 – XRP, Bitcoin, Ethereum appeared first on Cryptonews.

Remember when people used to call Ripple — Ripple, not XRP? Ever since those early days, there’s been a running debate about how XRP really stacked up against Bitcoin. Now, Bill Morgan is arguing that XRP didn’t just lose the crypto popularity race naturally, it was pushed out of the spotlight on purpose.So… Was Ripple […] The post XRP Price Prediction: 13-Year-Old Article Proves XRP Was Always Better Than Bitcoin – Why Was It Hidden? appeared first on Cryptonews.

UC-Berkeley and Yale researchers found that AI tools don't reduce work; they intensify it by creating workload creep and widespread burnout.