BeInCrypto Brasil

The recent decline in the cryptocurrency market has raised concerns among investors, especially retail ones, who feel the immediate impact of price corrections. But Guilherme Nazar, regional vice president of Binance for the Americas, argues that market capitalization and token prices alone do not reflect the real health of the crypto ecosystem.

Bitcoin appreciated 7 times in six years

To contextualize recent movements, Nazar highlights the growth of Bitcoin over the last six years. In February 2020, the cryptocurrency was priced at approximately US$ 9,600. In February 2026 (6), the price was around US$ 65,000 – an increase of nearly 7 times.

The price of Ethereum reached its projected drop target of around $1,800 in early February. The coin managed to fall to $1,740 before recovering. Since then, ETH has advanced nearly 23%, leading some traders to believe that the worst may be over.

However, pullbacks in downtrends often appear strong initially. The real question is whether this movement actually has consistent buyers. At the moment, charts, on-chain data, and technical metrics indicate that support remains weakened. Various warning signs continue to indicate the risk of further declines.

XRP has suffered a strong wave of sales recently, bringing the price close to the level of $1.00, the lowest value in almost 15 months. The drop shook market confidence and caused fear among short-term investors.

However, the token avoided a sharper drop at the last moment. The central question now is whether the selling pressure will intensify again or if there will be stabilization.

XRP investors display mixed signals

Large XRP investors resumed accumulation during the downturn. Wallets with balances between 100 million and 1 billion acquired more than 1.6 billion tokens in the last week. At current prices, this movement amounts to over $2.24 billion, signaling renewed interest from significant participants.

Crypto analyst Alex Krüger claims that most tokens failed by design, arguing that outdated regulations force projects to launch assets without enforceable rights.

His comments coincide with a significant increase in token failures in the crypto market. Since 2021, more than 13.4 million tokens have 'died'.

Why do so many altcoins fail in the current market?

According to a survey by CoinGecko, 53.2% of all cryptocurrencies listed on GeckoTerminal had already failed by the end of 2025. 11.6 million tokens collapsed in 2025, representing 86.3% of all failures recorded since 2021, indicating unprecedented acceleration.

LATAM Blockchain Events, the organization responsible for the Peru Blockchain Conference, announced the launch of its regional circuit 2026 in Latin America. The initiative brings together three events focused on the adoption of cryptocurrencies, trading, and blockchain technology: the Bolivia Blockchain Week, on February 27 and 28, in Santa Cruz; the Mexico Blockchain Week, on March 27 and 28, in Mexico City; and the Peru Blockchain Conference, scheduled for June 19 and 20, in Lima.

With more than six years of experience in organizing in-person events and partnerships with exchanges and companies in the Web3 sector, the organization states that the circuit aims to broaden the debate on crypto and blockchain in the region. The proposal involves educational activities, workshops, trading sessions, as well as parallel events and networking spaces aimed at communities, opinion leaders, and institutional representatives.

Crypto markets may be showing initial signs of stabilization after weeks of intense selling, according to the latest report from CoinShares on digital assets.

Investment products recorded a sharp reduction in outflows: from more than US$ 1.7 billion observed for two consecutive weeks, the weekly volume fell to just US$ 187 million.

Crypto outflows decrease to US$ 187 million, CoinShares report indicates

The latest data from CoinShares indicates that the total assets under management fell to US$ 129.8 billion, the lowest level since March 2025, reflecting the effect of the recent drop in prices.

The total market capitalization of cryptocurrencies (TOTAL) and Bitcoin (BTC) recorded a good weekend close, with an increase of $30 billion in the last 24 hours. Bitcoin followed this upward trend, recording an appreciation of over 9% in the same period.

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Vitalik Buterin and the c-node analyst criticized much of the current DeFi as superficial, arguing that many yield strategies prioritize speculation over true decentralization. Buterin countered by outlining a framework for 'real' DeFi, highlighting algorithmic stablecoins with over-collateralization and risk minimization as genuinely decentralized use cases.

Concerns that quantum computing may, in the future, compromise Bitcoin's encryption have resurfaced. However, a new report from CoinShares indicates that quantum risks remain distant, with only a fraction of the currency supply potentially exposed.

The report presents quantum computing as a long-term engineering challenge. The analysis maintains that Bitcoin will have enough time to adapt before quantum machines reach a relevant scale to attack its cryptographic security.

The price of Bitcoin recovered nearly 20% after falling to around $60,000 on February 6. This movement rekindled expectations of 'buying the dip' and fueled discussions about a possible local bottom. At the same time, demand indicators from the United States began to show improvement after recent lows.

However, behind this scenario, signs of volume, on-chain data, and the price structure suggest that the recovery may be fragile. Various warning patterns now resemble configurations that preceded significant drops in this cycle.

Crypto investors faced a significant increase in so-called 'signature phishing' attacks in January, with losses soaring over 200%.

According to data from Scam Sniffer, a blockchain security company, signature phishing attacks drained about $6.3 million from user wallets in the first month of the year. Although the gross number of victims fell by 11%, the total amount stolen rose by 207% compared to December.

Signature phishing and address poisoning caused losses in January

The founder of Ethereum, Vitalik Buterin, made a donation to Shielded Labs, supporting the development of Crosslink, a consensus enhancement proposal for Zcash.

The initiative indicates a growing commitment from Buterin to infrastructures that preserve privacy, as well as demonstrating greater interest in strengthening finality and settlement guarantees in proof-of-work based blockchains.

Thank you to @VitalikButerin for supporting Shielded Labs and Crosslink! A portion of the funding will be used to spin up a persistent incentivized testnet, where users running finalizers or staking can earn small amounts of ZEC. We’re looking forward to broader community… https://t.co/a55ufBT3Wm

XRP experienced a remarkable recovery after a strong sell-off shook investors' confidence in the market. The asset had recorded significant losses, prompting fear-driven outflows among retail investors.

However, certain groups of investors saw the decline as an opportunity. Strategic accumulation has already begun to shift the landscape in favor of XRP.

XRP investors show significant support

Large XRP investors played a decisive role in the recent recovery. In the last two days, wallets holding between 100 million and 1 billion XRP have accumulated over 230 million coins. At current prices, this movement exceeds 335 million dollars, demonstrating great conviction among these agents.

The cryptocurrency market is facing strong turbulence. Bitcoin has dropped to below $70,000 in recent days. The other crypto assets followed this downward movement.

According to Binance's weekly report published yesterday (5), the decline is related to the appointment of Kevin Warsh as the next chairman of the Federal Reserve (Fed, the central bank of the USA). There are fears that Warsh might promote a tightening of liquidity, triggering a large-scale deleveraging.

Cryptocurrencies, positioned at the end of the liquidity chain, are suffering the strongest impact. Bitcoin has lost important support levels. Market sentiment has become cautious.

Economist Charles Mendlowicz, the Sincere Economist, points out that the correlation between Bitcoin and the technology sector has never been stronger; widespread declines open opportunities for the long term.

The digital asset market woke up in a 'bloodbath' yesterday (5). Bitcoin (BTC) recorded a sharp devaluation exceeding 10% in just a few hours.

The movement swept away more than $200 billion from the crypto market. According to economist Charles Mendlowicz, partner at Ticker Wealth and creator of the Sincere Economist channel, the phenomenon reflects deep nervousness affecting the tech giants.

The South Korean cryptocurrency exchange Bithumb faced a serious operational issue on February 6, 2026, which quickly led to a double-digit drop in the BTC/KRW trading pair.

The episode brings to light old controversies involving the exchange, such as instances of partial liability in data leaks.

According to reports, a team member mistakenly sent 2,000 Bitcoin (BTC) to hundreds of users, when in fact the prize was supposed to be 2,000 Korean won (KRW).

The South Korean crypto exchange Bithumb officially confirmed that an operational error resulted in an abnormal payment of Bitcoin during a promotion.

The incident caused a brief, yet intense, price distortion on the platform before the markets stabilized in a few minutes.

Bithumb confirms accidental payment in bitcoin

In a statement, Bithumb apologized to users and acknowledged that “… an abnormal amount of Bitcoin was paid to some clients…” during the action, which generated temporary volatility as the beneficiaries sold the asset.

The price of Ripple's XRP has started to show initial signs of stabilization after a sharp drop in the last 24 hours. The token recently broke its long-term downtrend channel and fell below its realized price, a level that indicates the average cost of all coins in circulation. After retreating to $1.11, XRP has recovered to the $1.30 region.

At first glance, the movement indicates a significant jump. In previous cycles, similar conditions arose close to inflection points. However, historical data indicates that XRP tends to consolidate for prolonged periods at these levels before starting a recovery. Current technical and on-chain indicators show that, although selling pressure is increasing, the market may not have undergone a complete adjustment yet.

Michael Burry, the investor who predicted the 2008 crisis, warned this Monday (2) about a possible even greater drop in Bitcoin. According to him, the cryptocurrency could enter a “death spiral” — a vicious cycle of sales that feeds on itself.

Bitcoin has fallen 40% since its peak last October. On Tuesday (3), it was worth less than $73,000. This Thursday (5), it plummeted to $61,000, before recovering to $64,000.

What is the “death spiral”?

Burry wrote in his Substack that Bitcoin has proven to be a purely speculative asset. It did not function as a hedge against currency devaluation, unlike gold and silver.

Traders' losses intensified in the first week of February. The volume of liquidations continued to grow while the crypto market repeatedly frustrated recovery expectations, driven by a sequence of red candles.

However, several analyses point to a possible improvement in the scenario, although a rapid recovery remains unlikely.

According to CoinGlass, the total liquidations in the crypto market reached $2.65 billion in the last 24 hours. Of this amount, over $2.2 billion refers to long positions.

The total market capitalization of cryptocurrencies (TOTAL) and Bitcoin (BTC) recorded their biggest drops in a single day this year, with the latter falling to $64,500. Bitcoin Stable (STABLE) followed the king of cryptocurrencies, dropping 23% in 24 hours and moving away from its all-time high.

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Strategy's shares faced renewed pressure after Bitcoin fell to $60,000, further reducing the company's large BTC reserves relative to its average purchase price. With Bitcoin about 21% below its acquisition cost, MicroStrategy's shares are now trading at a discount to their net asset value in Bitcoin, highlighting the growing risk to the balance sheet.