Binance Square

CryptoFrontNews

image
Верифицированный автор
CryptoFrontNews (CFN) delivers the latest in cryptocurrency with real-time updates, expert analyses, and in-depth articles on digital currencies and blockchain.
4 подписок(и/а)
11.3K+ подписчиков(а)
18.2K+ понравилось
1.8K+ поделились
Посты
·
--
XRP Price Action Strengthens as ETF Inflows Rise and AIcom Deal SurfacesXRP spot ETFs recorded $15.16 million in daily inflows, led by Bitwise and Franklin funds. Analyst charts show XRP trading within a long-term rising channel with defined retracement levels. AIcom’s $70 million crypto-paid acquisition reflects capital alignment between AI and digital assets. XRP sits at the center of renewed institutional focus as ETF inflows accelerate, while capital movement across crypto and AI signals broader market positioning shifts. AIcom Acquisition Reflects Capital Rotation Toward Emerging Technologies XRP market activity coincides with a major technology-focused crypto transaction reported by the Financial Times. Crypto.com co-founder and CEO Kris Marszalek acquired the AIcom domain for about $70 million. The transaction stands as the largest disclosed domain name deal on record and was settled entirely in cryptocurrency. Marszalek plans to launch a consumer-facing AI platform under the AIcom brand. https://twitter.com/Xfinancebull/status/2020060029961793737?s=20 The platform is expected to feature an AI agent capable of messaging, app usage, and stock trading. Promotion plans reportedly include a Super Bowl advertisement, signaling mainstream audience targeting. The deal reflects a long-term view that artificial intelligence represents a defining technological cycle. Capital allocation through cryptocurrency highlights confidence in blockchain-native settlement for high-value transactions. This transaction occurred as digital asset markets showed renewed institutional engagement across selected assets. XRP Price Structure Draws Attention From Technical Analysts XRP technical analysis gained visibility following a chart commentary shared by analyst Egrag Crypto on X. The chart tracks XRP price behavior from 2013 through projected levels extending toward 2030. https://twitter.com/egragcrypto/status/2019999272528220586?s=20 It presents price action within a rising channel defined by long-term support and resistance boundaries. A 21-period exponential moving average appears as a recurring reference point for price interaction. Historical movements show XRP repeatedly testing and rebounding around this EMA during trend shifts. Such behavior often reflects changing short- to medium-term market positioning rather than directional certainty. The chart also outlines projected price zones, including targets near $12 and $15. Retracement levels near $1.05 and $1.4587 are marked as potential consolidation areas. Percentage moves displayed reflect prior volatility cycles rather than forward-looking certainty. XRP ETF Inflows Signal Institutional Repositioning XRP spot ETFs recorded $15.16 million in net inflows within 24 hours. The Bitwise XRP ETF accounted for $8.29 million of that daily total. Its cumulative inflows reached $358 million, placing it among the largest XRP-focused funds. The Franklin XRP ETF followed with $3.94 million in single-day inflows. Its cumulative total now stands at $323 million, reflecting steady participation growth. Together, these funds contributed to rising aggregate exposure across regulated XRP investment vehicles. Total net asset value across XRP spot ETFs has surpassed $1.04 billion. The reported XRP net asset ratio reached 1.17 percent during the same period. Market participants note that capital movement often precedes broader sentiment alignment rather than following it. The post XRP Price Action Strengthens as ETF Inflows Rise and AIcom Deal Surfaces appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

XRP Price Action Strengthens as ETF Inflows Rise and AIcom Deal Surfaces

XRP spot ETFs recorded $15.16 million in daily inflows, led by Bitwise and Franklin funds.

Analyst charts show XRP trading within a long-term rising channel with defined retracement levels.

AIcom’s $70 million crypto-paid acquisition reflects capital alignment between AI and digital assets.

XRP sits at the center of renewed institutional focus as ETF inflows accelerate, while capital movement across crypto and AI signals broader market positioning shifts.

AIcom Acquisition Reflects Capital Rotation Toward Emerging Technologies

XRP market activity coincides with a major technology-focused crypto transaction reported by the Financial Times. Crypto.com co-founder and CEO Kris Marszalek acquired the AIcom domain for about $70 million.

The transaction stands as the largest disclosed domain name deal on record and was settled entirely in cryptocurrency. Marszalek plans to launch a consumer-facing AI platform under the AIcom brand.

https://twitter.com/Xfinancebull/status/2020060029961793737?s=20

The platform is expected to feature an AI agent capable of messaging, app usage, and stock trading. Promotion plans reportedly include a Super Bowl advertisement, signaling mainstream audience targeting.

The deal reflects a long-term view that artificial intelligence represents a defining technological cycle. Capital allocation through cryptocurrency highlights confidence in blockchain-native settlement for high-value transactions.

This transaction occurred as digital asset markets showed renewed institutional engagement across selected assets.

XRP Price Structure Draws Attention From Technical Analysts

XRP technical analysis gained visibility following a chart commentary shared by analyst Egrag Crypto on X. The chart tracks XRP price behavior from 2013 through projected levels extending toward 2030.

https://twitter.com/egragcrypto/status/2019999272528220586?s=20

It presents price action within a rising channel defined by long-term support and resistance boundaries. A 21-period exponential moving average appears as a recurring reference point for price interaction.

Historical movements show XRP repeatedly testing and rebounding around this EMA during trend shifts. Such behavior often reflects changing short- to medium-term market positioning rather than directional certainty.

The chart also outlines projected price zones, including targets near $12 and $15. Retracement levels near $1.05 and $1.4587 are marked as potential consolidation areas.

Percentage moves displayed reflect prior volatility cycles rather than forward-looking certainty.

XRP ETF Inflows Signal Institutional Repositioning

XRP spot ETFs recorded $15.16 million in net inflows within 24 hours. The Bitwise XRP ETF accounted for $8.29 million of that daily total.

Its cumulative inflows reached $358 million, placing it among the largest XRP-focused funds. The Franklin XRP ETF followed with $3.94 million in single-day inflows.

Its cumulative total now stands at $323 million, reflecting steady participation growth.
Together, these funds contributed to rising aggregate exposure across regulated XRP investment vehicles.

Total net asset value across XRP spot ETFs has surpassed $1.04 billion. The reported XRP net asset ratio reached 1.17 percent during the same period.

Market participants note that capital movement often precedes broader sentiment alignment rather than following it.

The post XRP Price Action Strengthens as ETF Inflows Rise and AIcom Deal Surfaces appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Enters Deep Bear Market Zone Despite a Google Search Trends Spike Google Trends data shows retail attention peaks during sharp Bitcoin price declines and rising uncertainty. Bitcoin trades far below long-term averages, reflecting a prolonged Bitcoin Bear Market Zone. Market commentary points to patience and stabilization rather than short-term recovery signals. Bitcoin Bear Market Zone conditions are drawing renewed attention as Google Trends data aligns with sharp price volatility and cautious investor behavior across global markets. Retail Search Activity Rises During Price Stress Bitcoin Bear Market Zone dynamics became visible as Google search interest surged to its highest level this year. Search scores reached 100 during a rapid price decline from roughly $81.5k to near $60k. This pattern reflects heightened retail attention during moments of sharp market stress. Retail investors often seek clarity when price movements accelerate within a short timeframe. Source: X Search activity suggests fear-driven information gathering rather than structured investment planning. Such behavior commonly appears during volatile phases across previous Bitcoin market cycles. Market observers on X noted that spikes in online interest frequently accompany uncertainty. These posts described rising searches as reactions to fear, uncertainty, and doubt. The commentary framed search behavior as a response to sudden price dislocation. Price Compression Signals Extended Bear Conditions The Bitcoin Bear Market Zone is further reflected through the Mayer Multiple Z-Score readings. Current levels sit below minus 0.9, placing Bitcoin well under its long-term average. Historically, similar conditions aligned with extended consolidation rather than immediate reversals. The chart structure shows muted price action following prior market peaks. This environment limits momentum and sustains hesitation among both new and experienced participants. Price compression tends to test conviction rather than reward early positioning. Several analysts referenced on X described this phase as slow and demanding. Their posts emphasized absorption and stabilization rather than rapid directional moves. Such observations align with prior prolonged bear market structures. Sentiment Remains Muted as Conviction Is Tested Within the Bitcoin Bear Market Zone, sentiment remains restrained across trading communities. Confidence appears limited as investors assess whether declines represent a correction or a continuation. https://twitter.com/CryptoBull009/status/2020019781685084202?s=20 This uncertainty keeps participation cautious and trading volumes selective. Historical data shows similar zones often preceded trend changes after extended stagnation. However, these periods rarely provide clear signals during early formation stages. As a result, many participants remain on the sidelines awaiting confirmation. Recent X commentary described this phase as uncomfortable and quiet. Such messaging reflects long-standing behavioral patterns seen during deep Bitcoin bear cycles. The post Bitcoin Enters Deep Bear Market Zone Despite a Google Search Trends Spike  appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Enters Deep Bear Market Zone Despite a Google Search Trends Spike 

Google Trends data shows retail attention peaks during sharp Bitcoin price declines and rising uncertainty.

Bitcoin trades far below long-term averages, reflecting a prolonged Bitcoin Bear Market Zone.

Market commentary points to patience and stabilization rather than short-term recovery signals.

Bitcoin Bear Market Zone conditions are drawing renewed attention as Google Trends data aligns with sharp price volatility and cautious investor behavior across global markets.

Retail Search Activity Rises During Price Stress

Bitcoin Bear Market Zone dynamics became visible as Google search interest surged to its highest level this year. Search scores reached 100 during a rapid price decline from roughly $81.5k to near $60k.

This pattern reflects heightened retail attention during moments of sharp market stress. Retail investors often seek clarity when price movements accelerate within a short timeframe.

Source: X

Search activity suggests fear-driven information gathering rather than structured investment planning. Such behavior commonly appears during volatile phases across previous Bitcoin market cycles.

Market observers on X noted that spikes in online interest frequently accompany uncertainty.
These posts described rising searches as reactions to fear, uncertainty, and doubt.

The commentary framed search behavior as a response to sudden price dislocation.

Price Compression Signals Extended Bear Conditions

The Bitcoin Bear Market Zone is further reflected through the Mayer Multiple Z-Score readings. Current levels sit below minus 0.9, placing Bitcoin well under its long-term average.

Historically, similar conditions aligned with extended consolidation rather than immediate reversals. The chart structure shows muted price action following prior market peaks.

This environment limits momentum and sustains hesitation among both new and experienced participants. Price compression tends to test conviction rather than reward early positioning.

Several analysts referenced on X described this phase as slow and demanding.
Their posts emphasized absorption and stabilization rather than rapid directional moves.
Such observations align with prior prolonged bear market structures.

Sentiment Remains Muted as Conviction Is Tested

Within the Bitcoin Bear Market Zone, sentiment remains restrained across trading communities. Confidence appears limited as investors assess whether declines represent a correction or a continuation.

https://twitter.com/CryptoBull009/status/2020019781685084202?s=20

This uncertainty keeps participation cautious and trading volumes selective. Historical data shows similar zones often preceded trend changes after extended stagnation.

However, these periods rarely provide clear signals during early formation stages. As a result, many participants remain on the sidelines awaiting confirmation.

Recent X commentary described this phase as uncomfortable and quiet. Such messaging reflects long-standing behavioral patterns seen during deep Bitcoin bear cycles.

The post Bitcoin Enters Deep Bear Market Zone Despite a Google Search Trends Spike  appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Altcoin Market Shaken After October 10 BTC ShockBitcoin’s sudden drop rattled altcoins, but the full impact may take months to show. No major exchange collapses yet; better risk controls and automatic deleveraging help contain fallout. Rumors blame an overleveraged Asian trading firm, but altcoin losses aren’t tied to Wintermute. Crypto markets are bracing for aftershocks following last week’s abrupt Bitcoin-driven drop, which rattled the altcoin complex. According to Wintermute CEO Andy, while the immediate turmoil is visible, the full consequences will only surface in the coming months.  He explained, “People do dumb shit in peak bull mania. They always do. Last time we had FTX, Celsius, and others doing all sorts of unsophisticated lending. This time we have DATs buying $SOL above $225, $ETH above $4,000 and $BTC above $100K. Those guys are shaking in their boots right now.” Hence, the market could face delayed but significant repercussions from these risky moves. Crypto analyst Evgeny Gaevoy, known as wishful_cynic, urged caution regarding exchange collapse rumors. He highlighted that although it is possible “somebody blew up,” there is currently no evidence of broader market spillovers.  Gaevoy compared past incidents, noting that Three Arrows Capital’s collapse after the Terra crash spread quickly through private channels, while FTX’s troubles became evident through bailout talks with Binance. However, he sees no comparable signs in today’s ecosystem, as most leverage comes from derivatives and exchanges now enforce better risk controls, including automatic deleveraging. Rumors Point to Asian Trading Firm The rumor mill suggests the last week’s blow-up stemmed from an Asian trading firm overleveraged on precious metals. After a margin call, the firm reportedly liquidated substantial BTC positions via IBIT ETFs. Consequently, the October 10 crash severely impacted altcoins, leaving lingering uncertainty about which firms were most affected.  Despite this, Wintermute maintains that the firm itself was not responsible for the altcoin fallout. Andy stated, “The altcoin complex is fucked, but it’s not because of WM.” Unlike previous cycles, most exchanges now manage leverage more transparently, mitigating catastrophic risks. Additionally, derivative-based exposure provides clearer visibility into potential losses. Moreover, automatic deleveraging ensures that individual failures do not cascade into the broader market. The post Altcoin Market Shaken After October 10 BTC Shock appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Altcoin Market Shaken After October 10 BTC Shock

Bitcoin’s sudden drop rattled altcoins, but the full impact may take months to show.

No major exchange collapses yet; better risk controls and automatic deleveraging help contain fallout.

Rumors blame an overleveraged Asian trading firm, but altcoin losses aren’t tied to Wintermute.

Crypto markets are bracing for aftershocks following last week’s abrupt Bitcoin-driven drop, which rattled the altcoin complex. According to Wintermute CEO Andy, while the immediate turmoil is visible, the full consequences will only surface in the coming months. 

He explained, “People do dumb shit in peak bull mania. They always do. Last time we had FTX, Celsius, and others doing all sorts of unsophisticated lending. This time we have DATs buying $SOL above $225, $ETH above $4,000 and $BTC above $100K. Those guys are shaking in their boots right now.” Hence, the market could face delayed but significant repercussions from these risky moves.

Crypto analyst Evgeny Gaevoy, known as wishful_cynic, urged caution regarding exchange collapse rumors. He highlighted that although it is possible “somebody blew up,” there is currently no evidence of broader market spillovers. 

Gaevoy compared past incidents, noting that Three Arrows Capital’s collapse after the Terra crash spread quickly through private channels, while FTX’s troubles became evident through bailout talks with Binance. However, he sees no comparable signs in today’s ecosystem, as most leverage comes from derivatives and exchanges now enforce better risk controls, including automatic deleveraging.

Rumors Point to Asian Trading Firm

The rumor mill suggests the last week’s blow-up stemmed from an Asian trading firm overleveraged on precious metals. After a margin call, the firm reportedly liquidated substantial BTC positions via IBIT ETFs. Consequently, the October 10 crash severely impacted altcoins, leaving lingering uncertainty about which firms were most affected. 

Despite this, Wintermute maintains that the firm itself was not responsible for the altcoin fallout. Andy stated, “The altcoin complex is fucked, but it’s not because of WM.”

Unlike previous cycles, most exchanges now manage leverage more transparently, mitigating catastrophic risks. Additionally, derivative-based exposure provides clearer visibility into potential losses. Moreover, automatic deleveraging ensures that individual failures do not cascade into the broader market.

The post Altcoin Market Shaken After October 10 BTC Shock appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Quantum Computing Poses Manageable Risk to Bitcoin Security: CoinsharesOnly 8% of Bitcoin sits in legacy addresses that could be threatened by quantum tech decades from now. Breaking Bitcoin’s encryption needs millions of qubits—current tech is far from capable. Users can safely move coins to secure addresses; aggressive protocol changes aren’t needed yet. Bitcoin’s cryptographic security faces growing speculation around quantum computing, but experts stress the threat is manageable, not imminent. CoinShares highlights that while Shor’s algorithm could theoretically expose ECDSA and Schnorr signatures, practical risks remain decades away.  Approximately 1.6 million BTC, or 8% of total supply, reside in legacy P2PK addresses with visible public keys. However, only about 10,200 BTC sit in UTXOs large enough to disrupt the market if stolen. The rest remain in smaller amounts, making targeted attacks prohibitively expensive. The conversation revolves around differentiating hype and evidence-based analysis. Bitcoin uses elliptic curve digital signatures for transaction authorization and SHA-256 hashes for protecting addresses. Quantum computers cannot modify or eliminate the supply limit of 21 million or validation directness. Besides, modern addresses such as P2PKH and P2SH encrypt the public keys until the funds are spent. As such, the purported 25% of the Bitcoins that can be compromised in the long term are overstated, as best practices for behavioral responses can overcome temporary challenges. Timeline and Technical Feasibility Experts agree that breaking secp256k1 within a practical timeframe requires millions of logical qubits. “To break current asymmetric cryptography, one would need something in the order of millions of qubits. Willow, Google’s current computer, is 105 qubits,” said Ledger CTO Charles Guillemet.  Achieving this scale remains at least a decade away. Long-term attacks on dormant P2PK coins could take years, whereas short-term mempool attacks would require impossible <10-minute computations. Additionally, even under optimistic projections, stealing coins from 32,607 individual ~50 BTC UTXOs would take millennia. Caution Over Aggressive Interventions Proposals for soft forks or burning vulnerable coins carry risks. Prematurely introducing quantum-resistant addresses could create bugs, undermine decentralization, or waste developer resources.  Dr. Adam Back emphasized, “Bitcoin can adopt post-quantum signatures. Schnorr signatures paved the way for more upgrades, and Bitcoin can continue evolving defensively.” Users can voluntarily migrate funds as quantum technology progresses, making drastic interventions unnecessary. The post Quantum Computing Poses Manageable Risk to Bitcoin Security: Coinshares appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Quantum Computing Poses Manageable Risk to Bitcoin Security: Coinshares

Only 8% of Bitcoin sits in legacy addresses that could be threatened by quantum tech decades from now.

Breaking Bitcoin’s encryption needs millions of qubits—current tech is far from capable.

Users can safely move coins to secure addresses; aggressive protocol changes aren’t needed yet.

Bitcoin’s cryptographic security faces growing speculation around quantum computing, but experts stress the threat is manageable, not imminent. CoinShares highlights that while Shor’s algorithm could theoretically expose ECDSA and Schnorr signatures, practical risks remain decades away. 

Approximately 1.6 million BTC, or 8% of total supply, reside in legacy P2PK addresses with visible public keys. However, only about 10,200 BTC sit in UTXOs large enough to disrupt the market if stolen. The rest remain in smaller amounts, making targeted attacks prohibitively expensive.

The conversation revolves around differentiating hype and evidence-based analysis. Bitcoin uses elliptic curve digital signatures for transaction authorization and SHA-256 hashes for protecting addresses. Quantum computers cannot modify or eliminate the supply limit of 21 million or validation directness.

Besides, modern addresses such as P2PKH and P2SH encrypt the public keys until the funds are spent. As such, the purported 25% of the Bitcoins that can be compromised in the long term are overstated, as best practices for behavioral responses can overcome temporary challenges.

Timeline and Technical Feasibility

Experts agree that breaking secp256k1 within a practical timeframe requires millions of logical qubits. “To break current asymmetric cryptography, one would need something in the order of millions of qubits. Willow, Google’s current computer, is 105 qubits,” said Ledger CTO Charles Guillemet. 

Achieving this scale remains at least a decade away. Long-term attacks on dormant P2PK coins could take years, whereas short-term mempool attacks would require impossible <10-minute computations. Additionally, even under optimistic projections, stealing coins from 32,607 individual ~50 BTC UTXOs would take millennia.

Caution Over Aggressive Interventions

Proposals for soft forks or burning vulnerable coins carry risks. Prematurely introducing quantum-resistant addresses could create bugs, undermine decentralization, or waste developer resources. 

Dr. Adam Back emphasized, “Bitcoin can adopt post-quantum signatures. Schnorr signatures paved the way for more upgrades, and Bitcoin can continue evolving defensively.” Users can voluntarily migrate funds as quantum technology progresses, making drastic interventions unnecessary.

The post Quantum Computing Poses Manageable Risk to Bitcoin Security: Coinshares appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin OG Garrett Jin Withdraws 80,000 ETH From Binance Amid Market CrashBitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance as crypto markets weaken. The transfer occurred while Bitcoin fell below $71,000 and Ethereum traded under $2,100. Market Conditions Surround the Withdrawal Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance during a period of broad market stress. The transfer was valued at approximately $168 million, based on prevailing market prices. On-chain trackers reported the movement in real time. The crypto market declined sharply during the same session. Bitcoin slipped under $71,000, while Ethereum fell below $2,100.  CoinGecko data showed that the total market capitalization had dropped to nearly $2.4 trillion. Several traders noted Jin’s pattern of moving funds during extreme price swings.  Large withdrawals from exchanges often attract attention as potential positioning signals. Jin previously deposited large Ethereum holdings into Binance in late 2025, according to Lookonchain.  This earlier activity contrasts with the latest outflow. Observers viewed the shift as a change in exposure rather than a routine transaction. The trader remains widely followed for his timing during turbulent periods. His on-chain movements are frequently monitored by analysts and retail participants.  https://twitter.com/lookonchain/status/2019963993088217365?s=20 Each transaction becomes a data point in market sentiment discussions. Shared Binance Address Draws Attention Blockchain data shows Garrett Jin and Trend Research using the same Binance deposit address on the same day. Jin sent 10,000 ETH, worth about $20.4 million, to that address.  Trend Research transferred nearly 7.989 million USDT shortly after. Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance while activity is clustered around this single address.  Analysts described the pattern as unusual for separate entities managing large portfolios. Exchange routing systems may explain part of the overlap. The address balance rose from under $25 million to more than $30 million within a short period. This increase suggested coordinated asset movement rather than isolated deposits.  Some market participants viewed the activity as liquidity management during volatile trading hours. Others questioned whether the transfers reflected shared strategies.  No public confirmation of collaboration has been reported. The repeated use of the address kept attention on Ethereum flows.  Each new transaction was tracked closely by on-chain observers. The pattern added another layer to the ongoing market narrative. Losses Among Ethereum Bulls Provide Context Several high-profile Ethereum investors have reported heavy losses in recent months. Tom Lee of Bitmine bought more than 4.2 million ETH at an average cost of $3,854.  Falling prices reduced the value of that position by billions. Garrett Jin swapped about 35,991 BTC for Ethereum and recorded losses above $770 million.  He also opened a leveraged long position involving 223,340 ETH. That position was later liquidated for about $195 million. Jack Yi of Trend Research purchased 651,000 ETH for roughly $1.46 billion at an average price of $3,300. The decline in Ethereum pushed his unrealized loss close to $680 million.  These figures show the scale of exposure among large traders. Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance while still holding over 30,600 BTC.  His Bitcoin position remains valued above $2 billion despite market weakness. The contrast reflects diversified exposure across major assets. The post Bitcoin OG Garrett Jin Withdraws 80,000 ETH From Binance Amid Market Crash appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin OG Garrett Jin Withdraws 80,000 ETH From Binance Amid Market Crash

Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance as crypto markets weaken. The transfer occurred while Bitcoin fell below $71,000 and Ethereum traded under $2,100.

Market Conditions Surround the Withdrawal

Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance during a period of broad market stress. The transfer was valued at approximately $168 million, based on prevailing market prices. On-chain trackers reported the movement in real time.

The crypto market declined sharply during the same session. Bitcoin slipped under $71,000, while Ethereum fell below $2,100. 

CoinGecko data showed that the total market capitalization had dropped to nearly $2.4 trillion. Several traders noted Jin’s pattern of moving funds during extreme price swings. 

Large withdrawals from exchanges often attract attention as potential positioning signals. Jin previously deposited large Ethereum holdings into Binance in late 2025, according to Lookonchain. 

This earlier activity contrasts with the latest outflow. Observers viewed the shift as a change in exposure rather than a routine transaction.

The trader remains widely followed for his timing during turbulent periods. His on-chain movements are frequently monitored by analysts and retail participants. 

https://twitter.com/lookonchain/status/2019963993088217365?s=20

Each transaction becomes a data point in market sentiment discussions.

Shared Binance Address Draws Attention

Blockchain data shows Garrett Jin and Trend Research using the same Binance deposit address on the same day. Jin sent 10,000 ETH, worth about $20.4 million, to that address. 

Trend Research transferred nearly 7.989 million USDT shortly after. Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance while activity is clustered around this single address. 

Analysts described the pattern as unusual for separate entities managing large portfolios. Exchange routing systems may explain part of the overlap.

The address balance rose from under $25 million to more than $30 million within a short period. This increase suggested coordinated asset movement rather than isolated deposits. 

Some market participants viewed the activity as liquidity management during volatile trading hours. Others questioned whether the transfers reflected shared strategies. 

No public confirmation of collaboration has been reported. The repeated use of the address kept attention on Ethereum flows. 

Each new transaction was tracked closely by on-chain observers. The pattern added another layer to the ongoing market narrative.

Losses Among Ethereum Bulls Provide Context

Several high-profile Ethereum investors have reported heavy losses in recent months. Tom Lee of Bitmine bought more than 4.2 million ETH at an average cost of $3,854. 

Falling prices reduced the value of that position by billions. Garrett Jin swapped about 35,991 BTC for Ethereum and recorded losses above $770 million. 

He also opened a leveraged long position involving 223,340 ETH. That position was later liquidated for about $195 million.

Jack Yi of Trend Research purchased 651,000 ETH for roughly $1.46 billion at an average price of $3,300. The decline in Ethereum pushed his unrealized loss close to $680 million. 

These figures show the scale of exposure among large traders. Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance while still holding over 30,600 BTC. 

His Bitcoin position remains valued above $2 billion despite market weakness. The contrast reflects diversified exposure across major assets.

The post Bitcoin OG Garrett Jin Withdraws 80,000 ETH From Binance Amid Market Crash appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bithumb Promises Full Compensation After $40B Bitcoin ErrorBithumb mistakenly airdropped ~620,000 BTC to 695 users, briefly crashing its BTC price to $55,000. Exchange recovered 99.7% of BTC and will reimburse losses at 110%, plus fee waivers and bonuses. Regulators launched probes as Bithumb adds stricter controls and a ₩100B customer protection fund. South Korean crypto exchange Bithumb confirmed it will compensate customers after accidentally distributing 620,000 Bitcoin. The error, occurring on February 6 during a promotional airdrop, affected 695 users and temporarily triggered a major Bitcoin price drop. According to Bithumb CEO Lee Jae-won, users who sold coins at a loss will receive full reimbursement plus an additional 10%. Details of the Airdrop Glitch and Market Impact The mistake happened when an employee intended to distribute 2,000 KRW in rewards but mistakenly credited Bitcoin instead. Each recipient received roughly 2,000 BTC, causing some to sell immediately.  As a result, Bithumb’s BTC price dropped to $55,000, impacting the broader market, though Bitcoin remained above $66,000 elsewhere. The company blocked accounts and halted withdrawals within 20 minutes, recovering 618,212 BTC or 99.7% of the total. Compensation and Customer Protection Measures Bithumb estimates total losses from panic selling at about 1 billion KRW ($680,000). The company will reimburse all affected users with 110% of losses, provide 20,000 KRW ($15) to users active during the incident, and waive trading fees for seven days. Additionally, Bithumb announced a permanent Customer Protection Fund of 100 billion KRW ($68 million) for future incidents. Regulatory Response and System Upgrades South Korea’s Financial Services Commission and Financial Supervisory Service are reviewing the incident. FSC Vice Chairman Kwon Dae-young led an emergency inspection on February 7, with officials from the Financial Intelligence Unit present.  Bithumb confirmed it will implement system improvements, including multi-step payment approvals, enhanced asset verification, and AI-powered monitoring for abnormal transactions, while coordinating closely with regulators to prevent similar errors. The post Bithumb Promises Full Compensation After $40B Bitcoin Error appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bithumb Promises Full Compensation After $40B Bitcoin Error

Bithumb mistakenly airdropped ~620,000 BTC to 695 users, briefly crashing its BTC price to $55,000.

Exchange recovered 99.7% of BTC and will reimburse losses at 110%, plus fee waivers and bonuses.

Regulators launched probes as Bithumb adds stricter controls and a ₩100B customer protection fund.

South Korean crypto exchange Bithumb confirmed it will compensate customers after accidentally distributing 620,000 Bitcoin. The error, occurring on February 6 during a promotional airdrop, affected 695 users and temporarily triggered a major Bitcoin price drop. According to Bithumb CEO Lee Jae-won, users who sold coins at a loss will receive full reimbursement plus an additional 10%.

Details of the Airdrop Glitch and Market Impact

The mistake happened when an employee intended to distribute 2,000 KRW in rewards but mistakenly credited Bitcoin instead. Each recipient received roughly 2,000 BTC, causing some to sell immediately. 

As a result, Bithumb’s BTC price dropped to $55,000, impacting the broader market, though Bitcoin remained above $66,000 elsewhere. The company blocked accounts and halted withdrawals within 20 minutes, recovering 618,212 BTC or 99.7% of the total.

Compensation and Customer Protection Measures

Bithumb estimates total losses from panic selling at about 1 billion KRW ($680,000). The company will reimburse all affected users with 110% of losses, provide 20,000 KRW ($15) to users active during the incident, and waive trading fees for seven days. Additionally, Bithumb announced a permanent Customer Protection Fund of 100 billion KRW ($68 million) for future incidents.

Regulatory Response and System Upgrades

South Korea’s Financial Services Commission and Financial Supervisory Service are reviewing the incident. FSC Vice Chairman Kwon Dae-young led an emergency inspection on February 7, with officials from the Financial Intelligence Unit present. 

Bithumb confirmed it will implement system improvements, including multi-step payment approvals, enhanced asset verification, and AI-powered monitoring for abnormal transactions, while coordinating closely with regulators to prevent similar errors.

The post Bithumb Promises Full Compensation After $40B Bitcoin Error appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Faces Turbulence Amid Synthetic Supply SurgeETFs, futures, and structured notes flood Bitcoin with synthetic supply, creating huge price swings. Banks’ delta hedging can amplify both upward and downward Bitcoin moves rapidly. Without stricter regulation, Bitcoin volatility may continue, risking another drop below $60K. Bitcoin traders are bracing for heightened volatility as synthetic supply from Wall Street floods the market. The recent price drop follows complex instruments tied to BlackRock’s $IBIT ETF, which forced banks into rapid hedging moves. Arthur Hayes, former CEO of BitMEX, explained, “When $BTC moves, banks have to quickly buy or sell to protect themselves, which can amplify big price swings.” This has intensified the disconnect between on-chain Bitcoin and market pricing influenced by paper assets. Besides ETFs, structured notes, futures, options, swaps, and lending products have introduced massive synthetic Bitcoin into circulation. Jim Bianco of Bianco Research warned, “Structured notes on $IBIT flooded $BTC with synthetic supply → forced liquidations turbocharged the dump.”  Consequently, real market demand struggles to keep pace with these financial derivatives. Moreover, the entry of institutional money has transformed Bitcoin into a pseudo-fractional reserve system. While the on-chain cap remains 21 million BTC, price discovery now largely reflects Wall Street’s synthetic printing rather than actual ownership. How Wall Street Drives Bitcoin Volatility Traditional finance’s involvement amplifies both downside and upside moves. Arthur Hayes noted, “Delta hedging also will amplify moves on the way up. The trend is your friend until it ain’t.” Essentially, banks create positions tied to ETFs and structured notes, then hedge dynamically, causing cascading buying or selling pressure.  This dynamic often overrides retail or on-chain fundamentals. Additionally, the synthetic nature of these products can cause exaggerated price swings when demand mismatches with real Bitcoin liquidity. Jim Bianco highlighted regulatory oversight as a potential stabilizer. “Wall Street's entry turned BTC into a pseudo-fractional reserve system. Fractional is inherently unstable. That’s why banks need heavy regs,” he said. However, without tighter regulation, volatility is likely to persist, and another bearish leg could push Bitcoin below $60,000, according to trader Guru. The post Bitcoin Faces Turbulence Amid Synthetic Supply Surge appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Faces Turbulence Amid Synthetic Supply Surge

ETFs, futures, and structured notes flood Bitcoin with synthetic supply, creating huge price swings.

Banks’ delta hedging can amplify both upward and downward Bitcoin moves rapidly.

Without stricter regulation, Bitcoin volatility may continue, risking another drop below $60K.

Bitcoin traders are bracing for heightened volatility as synthetic supply from Wall Street floods the market. The recent price drop follows complex instruments tied to BlackRock’s $IBIT ETF, which forced banks into rapid hedging moves.

Arthur Hayes, former CEO of BitMEX, explained, “When $BTC moves, banks have to quickly buy or sell to protect themselves, which can amplify big price swings.” This has intensified the disconnect between on-chain Bitcoin and market pricing influenced by paper assets.

Besides ETFs, structured notes, futures, options, swaps, and lending products have introduced massive synthetic Bitcoin into circulation. Jim Bianco of Bianco Research warned, “Structured notes on $IBIT flooded $BTC with synthetic supply → forced liquidations turbocharged the dump.” 

Consequently, real market demand struggles to keep pace with these financial derivatives. Moreover, the entry of institutional money has transformed Bitcoin into a pseudo-fractional reserve system. While the on-chain cap remains 21 million BTC, price discovery now largely reflects Wall Street’s synthetic printing rather than actual ownership.

How Wall Street Drives Bitcoin Volatility

Traditional finance’s involvement amplifies both downside and upside moves. Arthur Hayes noted, “Delta hedging also will amplify moves on the way up. The trend is your friend until it ain’t.” Essentially, banks create positions tied to ETFs and structured notes, then hedge dynamically, causing cascading buying or selling pressure. 

This dynamic often overrides retail or on-chain fundamentals. Additionally, the synthetic nature of these products can cause exaggerated price swings when demand mismatches with real Bitcoin liquidity.

Jim Bianco highlighted regulatory oversight as a potential stabilizer. “Wall Street's entry turned BTC into a pseudo-fractional reserve system. Fractional is inherently unstable. That’s why banks need heavy regs,” he said. However, without tighter regulation, volatility is likely to persist, and another bearish leg could push Bitcoin below $60,000, according to trader Guru.

The post Bitcoin Faces Turbulence Amid Synthetic Supply Surge appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Binance BNB Faces Key $615 Support as Oversold Conditions BuildKey Insights Binance Coin price faces critical support near $615, combining Fibonacci and VWAP support levels. Oversold conditions could trigger a short-term bounce, but confirmation is needed for a reversal. A rejection at $932 has reinforced the bearish trend, with $615 as a decisive support zone. Binance Coin (BNB) has entered a sharp corrective phase following a recent swing high, with bearish momentum picking up across multiple timeframes. After failing to maintain upside momentum, BNB reversed lower, indicating a clear shift in the short- to medium-term market structure. The focus is now on the $615 support zone, which is shaping up to be a pivotal technical level in the near term. The $615 region stands out as a major confluence support zone, marking a critical point for Binance Coin. This level aligns with the 0.618 Fibonacci retracement, VWAP support, and a prior value area high. Such technical factors suggest that this area could play a decisive role in determining BNB’s next major move. If the price holds at this level, it could signal a potential pause in the ongoing downtrend. Bearish Momentum Remains Intact Following a rejection at the $932 resistance level, the price has been under consistent bearish pressure. The failure to break above $932 has confirmed the bearish market structure, with lower highs and expanding downside candles showing aggressive selling. This behavior suggests that the current move lower is not just a minor pullback but part of a broader corrective phase within the prevailing market cycle. Source: TradingView BNB is now entering oversold territory, with momentum indicators reflecting extreme selling pressure. Although oversold conditions don’t guarantee a reversal, they increase the chances of a short-term bounce, especially with strong structural support around the $615 zone. If buyers step in to defend this area, the price could stabilize, forming a base for a possible rebound. Market Focus Shifts to $615 Support As Binance Coin continues to unwind recent gains, attention is squarely on the $615 level. A successful defense of this support could lead to a higher low, potentially initiating a rotation back towards higher price targets. Conversely, if the support fails to hold, the market may face deeper corrective levels, extending the current bearish trend. The post Binance BNB Faces Key $615 Support as Oversold Conditions Build appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Binance BNB Faces Key $615 Support as Oversold Conditions Build

Key Insights

Binance Coin price faces critical support near $615, combining Fibonacci and VWAP support levels.

Oversold conditions could trigger a short-term bounce, but confirmation is needed for a reversal.

A rejection at $932 has reinforced the bearish trend, with $615 as a decisive support zone.

Binance Coin (BNB) has entered a sharp corrective phase following a recent swing high, with bearish momentum picking up across multiple timeframes. After failing to maintain upside momentum, BNB reversed lower, indicating a clear shift in the short- to medium-term market structure. The focus is now on the $615 support zone, which is shaping up to be a pivotal technical level in the near term.

The $615 region stands out as a major confluence support zone, marking a critical point for Binance Coin. This level aligns with the 0.618 Fibonacci retracement, VWAP support, and a prior value area high. Such technical factors suggest that this area could play a decisive role in determining BNB’s next major move. If the price holds at this level, it could signal a potential pause in the ongoing downtrend.

Bearish Momentum Remains Intact

Following a rejection at the $932 resistance level, the price has been under consistent bearish pressure. The failure to break above $932 has confirmed the bearish market structure, with lower highs and expanding downside candles showing aggressive selling. This behavior suggests that the current move lower is not just a minor pullback but part of a broader corrective phase within the prevailing market cycle.

Source: TradingView

BNB is now entering oversold territory, with momentum indicators reflecting extreme selling pressure. Although oversold conditions don’t guarantee a reversal, they increase the chances of a short-term bounce, especially with strong structural support around the $615 zone. If buyers step in to defend this area, the price could stabilize, forming a base for a possible rebound.

Market Focus Shifts to $615 Support

As Binance Coin continues to unwind recent gains, attention is squarely on the $615 level. A successful defense of this support could lead to a higher low, potentially initiating a rotation back towards higher price targets. Conversely, if the support fails to hold, the market may face deeper corrective levels, extending the current bearish trend.

The post Binance BNB Faces Key $615 Support as Oversold Conditions Build appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Ondo Summit Delivers Five Major Moves for Onchain MarketsOndo launched Perps for stocks, ETFs, and commodities, offering capital-efficient onchain equity derivatives. Ondo Global Listing enables U.S. IPO stocks to be tokenized and traded onchain the same day they list. EU approval lets investors across 30 markets access tokenized U.S. stocks and ETFs under passporting rules. The Ondo Summit drew more than 200,000 viewers as global financial and policy leaders discussed onchain capital markets. The event featured speakers linked to BlackRock, the White House, Goldman Sachs, and Swift. According to Ondo Finance, the summit focused on expanding access to tokenized stocks, equity derivatives, and regulated onchain infrastructure across U.S. and European markets. Equity Perpetuals and Day-One IPO Tokenization At the center of the announcements was the launch of Ondo Perps. According to Ondo Finance, the platform introduces capital-efficient perpetual futures tied to U.S. stocks, ETFs, and commodities. The system relies on institutional-grade infrastructure to support execution, liquidity, and margin efficiency. Following that, Ondo unveiled Ondo Global Listing. The product allows U.S. IPO stocks to appear onchain the same day they list publicly. According to Ondo Finance, this structure targets investors who historically lacked access to U.S. IPOs. The tokens are designed to remain transferable and compatible across multiple blockchains. Wallet Access and a New Disclosure Framework Access formed the next theme. MetaMask added more than 200 Ondo tokenized stocks and ETFs to its self-custodial wallet. According to Ondo Finance, users can mint and redeem tokens during market hours and transfer them peer-to-peer at any time. Liquidity comes from traditional exchanges, while tokens remain composable within DeFi applications. Notably, Ondo Global Markets also filed a confidential registration statement with the U.S. Securities and Exchange Commission. According to the firm, the filing supports standardized disclosures for tokenized securities. Once effective, all investors would receive equal access to issuer information. European Approval Expands Market Reach The final announcement focused on Europe. Ondo received regulatory approval to list its first group of tokenized stocks and ETFs across the EU and EEA. According to Ondo Finance, the approval followed a previously cleared base prospectus by Liechtenstein’s Financial Market Authority. As a result, investors across 30 European markets can access tokenized versions of stocks such as Apple, Microsoft, Nvidia, Amazon, Tesla, Meta, Google, and the QQQ ETF. The listings operate under passporting rules recognized across the EU and EEA. The post Ondo Summit Delivers Five Major Moves for Onchain Markets appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Ondo Summit Delivers Five Major Moves for Onchain Markets

Ondo launched Perps for stocks, ETFs, and commodities, offering capital-efficient onchain equity derivatives.

Ondo Global Listing enables U.S. IPO stocks to be tokenized and traded onchain the same day they list.

EU approval lets investors across 30 markets access tokenized U.S. stocks and ETFs under passporting rules.

The Ondo Summit drew more than 200,000 viewers as global financial and policy leaders discussed onchain capital markets. The event featured speakers linked to BlackRock, the White House, Goldman Sachs, and Swift. According to Ondo Finance, the summit focused on expanding access to tokenized stocks, equity derivatives, and regulated onchain infrastructure across U.S. and European markets.

Equity Perpetuals and Day-One IPO Tokenization

At the center of the announcements was the launch of Ondo Perps. According to Ondo Finance, the platform introduces capital-efficient perpetual futures tied to U.S. stocks, ETFs, and commodities. The system relies on institutional-grade infrastructure to support execution, liquidity, and margin efficiency.

Following that, Ondo unveiled Ondo Global Listing. The product allows U.S. IPO stocks to appear onchain the same day they list publicly. According to Ondo Finance, this structure targets investors who historically lacked access to U.S. IPOs. The tokens are designed to remain transferable and compatible across multiple blockchains.

Wallet Access and a New Disclosure Framework

Access formed the next theme. MetaMask added more than 200 Ondo tokenized stocks and ETFs to its self-custodial wallet. According to Ondo Finance, users can mint and redeem tokens during market hours and transfer them peer-to-peer at any time. Liquidity comes from traditional exchanges, while tokens remain composable within DeFi applications.

Notably, Ondo Global Markets also filed a confidential registration statement with the U.S. Securities and Exchange Commission. According to the firm, the filing supports standardized disclosures for tokenized securities. Once effective, all investors would receive equal access to issuer information.

European Approval Expands Market Reach

The final announcement focused on Europe. Ondo received regulatory approval to list its first group of tokenized stocks and ETFs across the EU and EEA. According to Ondo Finance, the approval followed a previously cleared base prospectus by Liechtenstein’s Financial Market Authority.

As a result, investors across 30 European markets can access tokenized versions of stocks such as Apple, Microsoft, Nvidia, Amazon, Tesla, Meta, Google, and the QQQ ETF. The listings operate under passporting rules recognized across the EU and EEA.

The post Ondo Summit Delivers Five Major Moves for Onchain Markets appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Faces Extended Sideways Action Before Major DropBitcoin trades sideways now; Doctor Profit expects a bigger drop later toward $44k–$50k. Spot buys at $57k–$60k target short-term gains, while long-term shorts stay open. Sideways phase could reach $87k temporarily, offering trading opportunities before the next major dip. Bitcoin traders are bracing for a prolonged period of sideways movement as the cryptocurrency consolidates between $57,000 and $87,000. According to crypto analyst Doctor Profit, this phase is not bullish but a preparation for a significant decline toward the $44,000–$50,000 range.  He emphasizes that the current consolidation resembles the 2024 price box, where Bitcoin spent an entire year trading between $58,000 and $74,000 before surging to $100,000. Hence, he sees the present structure as a key reference for the upcoming bear market. Doctor Profit explained, “Bitcoin is currently trading in a zone where it previously consolidated for an entire year before breaking higher toward 100k. In a bear market context, this same zone is not support, it is structure, and structure eventually breaks.”  He believes that after the sideways phase has been completed, the market will have a higher probability of breakdown below the box. Thus, traders may begin preparing themselves for volatility during the next few months by trying to profit from minor bounces along the way. Current Strategy and Price Logic The analyst is buying spot Bitcoin between $57,000 and $60,000, labeling this area as a local bottom, not the macro bottom. He stated, “I buy 57k–60k for percentage gains, not for the long-term plan.” Meanwhile, he still holds an aggressive short position that was established between $115,000 and $125,000. Additionally, he expects to see the lower end of the current range to be tested by Bitcoin several times, which is the reason to hold spot buys and shorts. Furthermore, he highlights that the 87,000 level is the highest that the market can go, depending on its strength and how long it can sustain. The post Bitcoin Faces Extended Sideways Action Before Major Drop appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Faces Extended Sideways Action Before Major Drop

Bitcoin trades sideways now; Doctor Profit expects a bigger drop later toward $44k–$50k.

Spot buys at $57k–$60k target short-term gains, while long-term shorts stay open.

Sideways phase could reach $87k temporarily, offering trading opportunities before the next major dip.

Bitcoin traders are bracing for a prolonged period of sideways movement as the cryptocurrency consolidates between $57,000 and $87,000. According to crypto analyst Doctor Profit, this phase is not bullish but a preparation for a significant decline toward the $44,000–$50,000 range. 

He emphasizes that the current consolidation resembles the 2024 price box, where Bitcoin spent an entire year trading between $58,000 and $74,000 before surging to $100,000. Hence, he sees the present structure as a key reference for the upcoming bear market.

Doctor Profit explained, “Bitcoin is currently trading in a zone where it previously consolidated for an entire year before breaking higher toward 100k. In a bear market context, this same zone is not support, it is structure, and structure eventually breaks.” 

He believes that after the sideways phase has been completed, the market will have a higher probability of breakdown below the box. Thus, traders may begin preparing themselves for volatility during the next few months by trying to profit from minor bounces along the way.

Current Strategy and Price Logic

The analyst is buying spot Bitcoin between $57,000 and $60,000, labeling this area as a local bottom, not the macro bottom. He stated, “I buy 57k–60k for percentage gains, not for the long-term plan.” Meanwhile, he still holds an aggressive short position that was established between $115,000 and $125,000.

Additionally, he expects to see the lower end of the current range to be tested by Bitcoin several times, which is the reason to hold spot buys and shorts. Furthermore, he highlights that the 87,000 level is the highest that the market can go, depending on its strength and how long it can sustain.

The post Bitcoin Faces Extended Sideways Action Before Major Drop appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin ETF Turmoil Deepens After Feb. 5 Market ShockIBIT traded over $10B on Feb. 5 with record put activity as Bitcoin fell, yet ETF inflows topped $300M. Forced deleveraging and options hedging widened CME basis spreads, pointing to unwinds in market neutral trades. Bitcoin rebounded over 10% on Feb. 6 as CME open interest recovered faster than Binance amid ongoing deleveraging. Bitcoin fell 13.2% on February 5 during a broad market selloff that rippled through U.S. risk assets. The decline coincided with record trading in BlackRock’s IBIT ETF amid extreme volatility across equities. According to Jeff Park, ProCap CIO, the move came during one of the most severe capital markets sessions in recent years. Record IBIT Activity During Market Stress According to Jeff Park, IBIT posted record trading volume exceeding $10 billion on February 5. That figure doubled the ETF’s prior high since launch. Notably, options activity also reached a record contract count, led mainly by put trading rather than calls. At the same time, IBIT price action closely tracked software stocks and other risk assets. Goldman Sachs’ prime brokerage desk reported February 4 as one of the worst days for multi-strategy funds. The desk measured the event as a 3.5 z-score, marking an extremely rare performance shock. As risk managers reacted, funds moved to fast reduce exposure. According to Park, this process explains why February 5 turned into a widespread selloff. However, despite the sharp price decline, IBIT did not record large net redemptions. Instead, IBIT saw roughly six million new shares created, adding more than $230 million in assets. Across the broader Bitcoin ETF market, inflows exceeded $300 million, according to Park. Deleveraging, Basis Trades, and Options Pressure Park said the selloff likely hit multi-asset portfolios rather than crypto-only funds. These portfolios often rebalance automatically during extreme correlations. He also pointed to accelerated downside pressure from options markets. CME Bitcoin basis spreads widened sharply on February 6, jumping from 3.3% to about 9%. Park said this move suggests forced unwinding of basis trades, involving spot sales and futures purchases. As dealers adjusted hedges, short gamma exposure intensified selling pressure. Park added that market makers likely sold IBIT aggressively, creating inventory rather than triggering redemptions. Rebound Dynamics on February 6 Bitcoin rebounded more than 10% on February 6. During that session, CME open interest recovered faster than activity on Binance. According to Park, this shift indicates renewed positioning in market-neutral strategies. Meanwhile, Binance open interest continued to decline, reflecting ongoing deleveraging among crypto-native traders. Park said these combined flows explain why ETF creations remained balanced while prices stayed lower. The post Bitcoin ETF Turmoil Deepens After Feb. 5 Market Shock appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin ETF Turmoil Deepens After Feb. 5 Market Shock

IBIT traded over $10B on Feb. 5 with record put activity as Bitcoin fell, yet ETF inflows topped $300M.

Forced deleveraging and options hedging widened CME basis spreads, pointing to unwinds in market neutral trades.

Bitcoin rebounded over 10% on Feb. 6 as CME open interest recovered faster than Binance amid ongoing deleveraging.

Bitcoin fell 13.2% on February 5 during a broad market selloff that rippled through U.S. risk assets. The decline coincided with record trading in BlackRock’s IBIT ETF amid extreme volatility across equities. According to Jeff Park, ProCap CIO, the move came during one of the most severe capital markets sessions in recent years.

Record IBIT Activity During Market Stress

According to Jeff Park, IBIT posted record trading volume exceeding $10 billion on February 5. That figure doubled the ETF’s prior high since launch. Notably, options activity also reached a record contract count, led mainly by put trading rather than calls.

At the same time, IBIT price action closely tracked software stocks and other risk assets. Goldman Sachs’ prime brokerage desk reported February 4 as one of the worst days for multi-strategy funds. The desk measured the event as a 3.5 z-score, marking an extremely rare performance shock.

As risk managers reacted, funds moved to fast reduce exposure. According to Park, this process explains why February 5 turned into a widespread selloff. However, despite the sharp price decline, IBIT did not record large net redemptions.

Instead, IBIT saw roughly six million new shares created, adding more than $230 million in assets. Across the broader Bitcoin ETF market, inflows exceeded $300 million, according to Park.

Deleveraging, Basis Trades, and Options Pressure

Park said the selloff likely hit multi-asset portfolios rather than crypto-only funds. These portfolios often rebalance automatically during extreme correlations. He also pointed to accelerated downside pressure from options markets.

CME Bitcoin basis spreads widened sharply on February 6, jumping from 3.3% to about 9%. Park said this move suggests forced unwinding of basis trades, involving spot sales and futures purchases.

As dealers adjusted hedges, short gamma exposure intensified selling pressure. Park added that market makers likely sold IBIT aggressively, creating inventory rather than triggering redemptions.

Rebound Dynamics on February 6

Bitcoin rebounded more than 10% on February 6. During that session, CME open interest recovered faster than activity on Binance. According to Park, this shift indicates renewed positioning in market-neutral strategies.

Meanwhile, Binance open interest continued to decline, reflecting ongoing deleveraging among crypto-native traders. Park said these combined flows explain why ETF creations remained balanced while prices stayed lower.

The post Bitcoin ETF Turmoil Deepens After Feb. 5 Market Shock appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Tether Accelerates Growth Amid Global Regulatory ScrutinyTether plans to hire 150 staff as CFO centralizes finance and governance amid growing global oversight. USDt wallets hit 24.8M, with $4.4T in transfers, showing strong demand despite crypto market turbulence. Tether froze $544M in Turkey-linked funds and has aided 1,800+ investigations worldwide, boosting compliance. Tether is moving aggressively to transform from a crypto infrastructure provider into a diversified financial group. The company now manages a portfolio of around 140 investments and employs roughly 300 staff.  It plans to add another 150 employees to help improve operations. Besides expansion, a new CFO is hired, Simon McWilliams, who is centralizing finance and governance in London. This is as the digital currency firm Tether is facing regulatory pressures. Recently, Tether froze over $544 million in cryptocurrency at the request of Turkish authorities. The funds were linked to Veysel Sahin, accused of illegal online betting and money laundering. CEO Paolo Ardoino told Bloomberg, “Law enforcement came to us, they provided some information, we looked at the information and we acted in respect of the laws of the country.” Ardoino emphasized that Tether cooperates consistently with authorities, including the DOJ and FBI. Consequently, the company’s compliance efforts have gained renewed attention. Surging USDt Growth Amid Oversight Notably, Tether's popular stablecoin, USDt, remains the market's most popular choice. This is because, in Q4 2025, the coin's market capitalization peaked at a historic high of $187.3 billion. For instance, this amount represents a $12.4 billion increase in the coin’s valuation at a time when the cryptocurrency market is experiencing instability.  In addition, there are 24.8 million monthly active wallets used to hold the coin, which equates to approximately 70% of the total addresses holding stablecoins. Meanwhile, the quarterly transaction volume hit a high of 2.2 billion, translating to $4.4 trillion in transactions. The regulatory attention continues to be high. The analytics firm Elliptic stated that Tether and Circle had been blacklisted by 5,700 addresses containing $2.5 billion by the end of 2025. Moreover, Tether has assisted in 1,800 investigations in 62 countries, freezing $3.4 billion in USDT related to potential criminal activities. However, the digital currency has been tied to high-risk transactions, such as sanctions evasion and recently, a $1 billion laundering scheme from a Venezuelan national. The post Tether Accelerates Growth Amid Global Regulatory Scrutiny appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Tether Accelerates Growth Amid Global Regulatory Scrutiny

Tether plans to hire 150 staff as CFO centralizes finance and governance amid growing global oversight.

USDt wallets hit 24.8M, with $4.4T in transfers, showing strong demand despite crypto market turbulence.

Tether froze $544M in Turkey-linked funds and has aided 1,800+ investigations worldwide, boosting compliance.

Tether is moving aggressively to transform from a crypto infrastructure provider into a diversified financial group. The company now manages a portfolio of around 140 investments and employs roughly 300 staff. 

It plans to add another 150 employees to help improve operations. Besides expansion, a new CFO is hired, Simon McWilliams, who is centralizing finance and governance in London. This is as the digital currency firm Tether is facing regulatory pressures.

Recently, Tether froze over $544 million in cryptocurrency at the request of Turkish authorities. The funds were linked to Veysel Sahin, accused of illegal online betting and money laundering. CEO Paolo Ardoino told Bloomberg, “Law enforcement came to us, they provided some information, we looked at the information and we acted in respect of the laws of the country.” Ardoino emphasized that Tether cooperates consistently with authorities, including the DOJ and FBI. Consequently, the company’s compliance efforts have gained renewed attention.

Surging USDt Growth Amid Oversight

Notably, Tether's popular stablecoin, USDt, remains the market's most popular choice. This is because, in Q4 2025, the coin's market capitalization peaked at a historic high of $187.3 billion. For instance, this amount represents a $12.4 billion increase in the coin’s valuation at a time when the cryptocurrency market is experiencing instability. 

In addition, there are 24.8 million monthly active wallets used to hold the coin, which equates to approximately 70% of the total addresses holding stablecoins. Meanwhile, the quarterly transaction volume hit a high of 2.2 billion, translating to $4.4 trillion in transactions.

The regulatory attention continues to be high. The analytics firm Elliptic stated that Tether and Circle had been blacklisted by 5,700 addresses containing $2.5 billion by the end of 2025. Moreover, Tether has assisted in 1,800 investigations in 62 countries, freezing $3.4 billion in USDT related to potential criminal activities. However, the digital currency has been tied to high-risk transactions, such as sanctions evasion and recently, a $1 billion laundering scheme from a Venezuelan national.

The post Tether Accelerates Growth Amid Global Regulatory Scrutiny appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
White House Schedules Second Stablecoin Yield Talks TuesdayWhite House holds second meeting Tuesday to resolve stablecoin yield rules with banks and crypto groups. Banks warn stablecoin yield could drain deposits, while crypto firms say limits would stall innovation. Yield dispute now central to the Clarity Act, with pressure to reach compromise by month’s end. The White House will host a second meeting Tuesday afternoon in Washington to address stablecoin yield payments. The talks involve crypto firms, banks, and policy staff, according to three sources who spoke to Crypto In America. Officials aim to narrow differences over whether crypto companies should pay interest on stablecoins, an issue now central to pending market structure legislation. Banks and Crypto Groups Return to the Table Following last week’s initial session, the upcoming meeting will again exclude company chief executives. Instead, senior policy staff from banks and industry groups are expected to attend. Sources said invitations have already gone to Bank of America, JPMorgan, and Wells Fargo. Notably, PNC, Citi, and U.S. Bank may also participate. Press representatives for several firms declined comment, while others did not respond. A White House spokesperson also declined to comment on the meeting. As before, crypto trade representatives are expected to attend. Banking groups likely include the Bank Policy Institute, the American Bankers Association, and the Independent Community Bankers of America. However, each side is expected to send fewer participants than last week. Yield Dispute and Legislative Stakes The main topic is whether crypto firms should offer yield on stablecoins. Banks argue that high-yield crypto accounts could pull deposits away, limiting lending capacity and increasing financial stress. Crypto firms counter that restrictions would protect banks while slowing innovation. However, Treasury Secretary Scott Bessent acknowledged bank concerns during Senate Banking Committee testimony last Thursday. He said deposit volatility remains undesirable, adding that officials will work to prevent instability linked to stablecoin yield. The dispute directly affects the Clarity Act, a crypto market structure bill awaiting action in the Senate Banking Committee. Chairman Tim Scott canceled a vote last month after Coinbase CEO Brian Armstrong publicly criticized provisions favoring banks. Pressure Builds for a Compromise According to Crypto In America, the White House now prioritizes resolving the yield issue over other regulatory debates. Blockchain Association CEO Summer Mersinger said the crypto industry meets almost daily to align on compromise proposals. Meanwhile, a banking industry representative said banks are coordinating internally while maintaining a productive approach. White House Crypto Council Executive Director Patrick Witt has urged both sides to reach an agreement by month’s end. The post White House Schedules Second Stablecoin Yield Talks Tuesday appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

White House Schedules Second Stablecoin Yield Talks Tuesday

White House holds second meeting Tuesday to resolve stablecoin yield rules with banks and crypto groups.

Banks warn stablecoin yield could drain deposits, while crypto firms say limits would stall innovation.

Yield dispute now central to the Clarity Act, with pressure to reach compromise by month’s end.

The White House will host a second meeting Tuesday afternoon in Washington to address stablecoin yield payments. The talks involve crypto firms, banks, and policy staff, according to three sources who spoke to Crypto In America. Officials aim to narrow differences over whether crypto companies should pay interest on stablecoins, an issue now central to pending market structure legislation.

Banks and Crypto Groups Return to the Table

Following last week’s initial session, the upcoming meeting will again exclude company chief executives. Instead, senior policy staff from banks and industry groups are expected to attend. Sources said invitations have already gone to Bank of America, JPMorgan, and Wells Fargo.

Notably, PNC, Citi, and U.S. Bank may also participate. Press representatives for several firms declined comment, while others did not respond. A White House spokesperson also declined to comment on the meeting.

As before, crypto trade representatives are expected to attend. Banking groups likely include the Bank Policy Institute, the American Bankers Association, and the Independent Community Bankers of America. However, each side is expected to send fewer participants than last week.

Yield Dispute and Legislative Stakes

The main topic is whether crypto firms should offer yield on stablecoins. Banks argue that high-yield crypto accounts could pull deposits away, limiting lending capacity and increasing financial stress. Crypto firms counter that restrictions would protect banks while slowing innovation.

However, Treasury Secretary Scott Bessent acknowledged bank concerns during Senate Banking Committee testimony last Thursday. He said deposit volatility remains undesirable, adding that officials will work to prevent instability linked to stablecoin yield.

The dispute directly affects the Clarity Act, a crypto market structure bill awaiting action in the Senate Banking Committee. Chairman Tim Scott canceled a vote last month after Coinbase CEO Brian Armstrong publicly criticized provisions favoring banks.

Pressure Builds for a Compromise

According to Crypto In America, the White House now prioritizes resolving the yield issue over other regulatory debates. Blockchain Association CEO Summer Mersinger said the crypto industry meets almost daily to align on compromise proposals.

Meanwhile, a banking industry representative said banks are coordinating internally while maintaining a productive approach. White House Crypto Council Executive Director Patrick Witt has urged both sides to reach an agreement by month’s end.

The post White House Schedules Second Stablecoin Yield Talks Tuesday appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Bitcoin Volatility Returns Despite ETF BoomETFs brought bigger investors, but OG holders selling caused Bitcoin’s sudden price swings. Long-term bulls may win as Bitcoin cycles between pumps and consolidations over time. Technical signals hint caution; traders should stay flexible and follow key price levels. Bitcoin traders are facing renewed turbulence as the once-hyped ETF effect struggles to stabilize markets. According to Bloomberg analyst Eric Balchunas, the initial expectation of reduced volatility following Bitcoin ETF adoption has not materialized.  He admitted, “I thought ETFs retail replaced dumdum pre-FTX retail = more stability but what I didn’t factor in was the OGs puking so much.” Balchunas highlighted that long-term holders, previously considered resilient, sold aggressively after rapid gains, emphasizing that the 450% increase over two years was a clear warning sign. Earlier, Balchunas praised ETFs for attracting bigger investors, noting, “Since BlackRock filing Bitcoin is up like 250% with much less volatility and no vomit-inducing drawdowns.” However, the promise of smooth gains collided with reality, as seasoned holders’ profit-taking triggered sudden swings. Besides, these developments suggest that Bitcoin’s behavior remains highly reactive, even with institutional backing. Differing Analyst Perspectives Other analysts offer contrasting interpretations. Mitchell Askew projects a longer-term bullish scenario, stating, “BTC is going to $1,000,000 over the next 10 years through a consistent oscillation between ‘pump’ and ‘consolidate.’”  He argues the post-ETF market will trade in predictable patterns, shaking out short-term speculators while rewarding long-term holders. Additionally, Askew predicts Bitcoin’s newfound stability may bore casual investors but ultimately support adoption. Meanwhile, TheGANNMan warns traders to remain cautious. He explains, “One count (via the EW Oscillator) pointed to a less-probable Expanded Flat, implying a sideways structure. The other suggested a larger 5-wave sequence, potentially completing Wave A of a broader ABC ZigZag correction to the downside.” Consequently, he emphasizes flexibility, advising traders to respect levels and react to market price movements. The post Bitcoin Volatility Returns Despite ETF Boom appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Volatility Returns Despite ETF Boom

ETFs brought bigger investors, but OG holders selling caused Bitcoin’s sudden price swings.

Long-term bulls may win as Bitcoin cycles between pumps and consolidations over time.

Technical signals hint caution; traders should stay flexible and follow key price levels.

Bitcoin traders are facing renewed turbulence as the once-hyped ETF effect struggles to stabilize markets. According to Bloomberg analyst Eric Balchunas, the initial expectation of reduced volatility following Bitcoin ETF adoption has not materialized. 

He admitted, “I thought ETFs retail replaced dumdum pre-FTX retail = more stability but what I didn’t factor in was the OGs puking so much.” Balchunas highlighted that long-term holders, previously considered resilient, sold aggressively after rapid gains, emphasizing that the 450% increase over two years was a clear warning sign.

Earlier, Balchunas praised ETFs for attracting bigger investors, noting, “Since BlackRock filing Bitcoin is up like 250% with much less volatility and no vomit-inducing drawdowns.” However, the promise of smooth gains collided with reality, as seasoned holders’ profit-taking triggered sudden swings. Besides, these developments suggest that Bitcoin’s behavior remains highly reactive, even with institutional backing.

Differing Analyst Perspectives

Other analysts offer contrasting interpretations. Mitchell Askew projects a longer-term bullish scenario, stating, “BTC is going to $1,000,000 over the next 10 years through a consistent oscillation between ‘pump’ and ‘consolidate.’” 

He argues the post-ETF market will trade in predictable patterns, shaking out short-term speculators while rewarding long-term holders. Additionally, Askew predicts Bitcoin’s newfound stability may bore casual investors but ultimately support adoption.

Meanwhile, TheGANNMan warns traders to remain cautious. He explains, “One count (via the EW Oscillator) pointed to a less-probable Expanded Flat, implying a sideways structure. The other suggested a larger 5-wave sequence, potentially completing Wave A of a broader ABC ZigZag correction to the downside.” Consequently, he emphasizes flexibility, advising traders to respect levels and react to market price movements.

The post Bitcoin Volatility Returns Despite ETF Boom appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
INVESTING YACHTS Launches RWA Yacht Charter ModelIbiza, Spain, February 8th, 2026, Chainwire Investing Yachts today introduced its real-world asset (RWA) yacht charter model, a blockchain-based approach designed to tokenize exposure to potential double-digit revenue generated by luxury yacht charter operations via their upcoming $YATE token. Being their ultimate goal to democratize access to all private equity sectors. Positioning itself at the intersection of yachting and on-chain finance, Investing Yachts is built to remove traditional barriers associated with yacht investing—such as high minimum capital requirements, illiquidity, and operational complexity—by offering a token-based structure intended to be tradable on markets and supported by a managed charter fleet. How the model is designed to work At the core of the Investing Yachts model, the $YATE ecosystem connects charter activity to tokenholder incentives through a rules-based framework: Charter profit distribution: Up to 65% of annual net charter profits is intended to be distributed to tokenholders who lock $YATE into protocol “vaults,” with different lock periods associated with different maximum shares of the profit pool. Buyback & burn: A defined portion of net profits, 10%, is earmarked for buying back tokens and burning them, aiming to reduce circulating supply over time. Asset-tied issuance: New tokens are being minted in connection with acquiring additional yachts or other real-world assets, using a NAV-based issuance framework designed to align token supply with the underlying asset base and charter activity. $YATE Token Pre-Sale Investing Yachts states that the $YATE pre-sale is scheduled to open on February 25, 2026, with the goal of expanding community participation ahead of broader exchange availability. As described on the website and in the whitepaper documentation, the pre-sale pricing is structured as follows: Initial price: 0.10 USDT per $YATE Dynamic increase: +0.75% price increase every 24 hours Duration: 9 months Target post–pre-sale listing price: 1.00 USDT The documentation also outlines vesting terms for pre-sale tokens, as well as other mechanisms aligned to provide sustainable growth stability for the project, rewarding long-term holders and early adopters. Broker Network and Market Positioning The global yacht charter and yachting services market represents a multi-billion-dollar industry, traditionally limited to a small group of high-capital participants. Investing Yachts aims to use its RWA structure to broaden access by enabling community participation through $YATE, bringing a token-based framework to a segment that has historically remained offline and illiquid. Investing Yachts has established relationships with experienced yacht brokers and industry intermediaries to support fleet sourcing and charter deployment. These connections are intended to strengthen the project’s ability to identify acquisition opportunities, negotiate terms, and access vessels aligned with demand in key charter regions.  Community and updates Investing Yachts is publishing updates via social channels and encourages supporters to follow the project for pre-sale announcements, documentation updates, and roadmap progress: X: https://x.com/Investingyachts Instagram: https://www.instagram.com/investing.yachts/ Telegram: https://t.me/+kLdobl6TM2kzYzJk About Investing Yachts Investing Yachts is a blockchain platform described as an RWA project focused on tokenizing exposure to luxury yacht charter economics through the $YATE token (Ethereum ERC-20).  Investing Yachts lists a management team and advisory group spanning technology, yacht operations, finance, media, and international legal expertise. It counts on leadership with backgrounds in algorithmic trading, yacht charter operations, and institutional markets, including experience at major international banks. Disclaimer: This press release is for informational purposes only and does not constitute investment advice. ContactMedia Manager Alvaro Reyes Investing Yachts info@investingyachts.com Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post INVESTING YACHTS Launches RWA Yacht Charter Model appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

INVESTING YACHTS Launches RWA Yacht Charter Model

Ibiza, Spain, February 8th, 2026, Chainwire

Investing Yachts today introduced its real-world asset (RWA) yacht charter model, a blockchain-based approach designed to tokenize exposure to potential double-digit revenue generated by luxury yacht charter operations via their upcoming $YATE token. Being their ultimate goal to democratize access to all private equity sectors.

Positioning itself at the intersection of yachting and on-chain finance, Investing Yachts is built to remove traditional barriers associated with yacht investing—such as high minimum capital requirements, illiquidity, and operational complexity—by offering a token-based structure intended to be tradable on markets and supported by a managed charter fleet.

How the model is designed to work

At the core of the Investing Yachts model, the $YATE ecosystem connects charter activity to tokenholder incentives through a rules-based framework:

Charter profit distribution: Up to 65% of annual net charter profits is intended to be distributed to tokenholders who lock $YATE into protocol “vaults,” with different lock periods associated with different maximum shares of the profit pool.

Buyback & burn: A defined portion of net profits, 10%, is earmarked for buying back tokens and burning them, aiming to reduce circulating supply over time.

Asset-tied issuance: New tokens are being minted in connection with acquiring additional yachts or other real-world assets, using a NAV-based issuance framework designed to align token supply with the underlying asset base and charter activity.

$YATE Token Pre-Sale

Investing Yachts states that the $YATE pre-sale is scheduled to open on February 25, 2026, with the goal of expanding community participation ahead of broader exchange availability.

As described on the website and in the whitepaper documentation, the pre-sale pricing is structured as follows:

Initial price: 0.10 USDT per $YATE

Dynamic increase: +0.75% price increase every 24 hours

Duration: 9 months

Target post–pre-sale listing price: 1.00 USDT

The documentation also outlines vesting terms for pre-sale tokens, as well as other mechanisms aligned to provide sustainable growth stability for the project, rewarding long-term holders and early adopters.

Broker Network and Market Positioning

The global yacht charter and yachting services market represents a multi-billion-dollar industry, traditionally limited to a small group of high-capital participants. Investing Yachts aims to use its RWA structure to broaden access by enabling community participation through $YATE, bringing a token-based framework to a segment that has historically remained offline and illiquid.

Investing Yachts has established relationships with experienced yacht brokers and industry intermediaries to support fleet sourcing and charter deployment. These connections are intended to strengthen the project’s ability to identify acquisition opportunities, negotiate terms, and access vessels aligned with demand in key charter regions. 

Community and updates

Investing Yachts is publishing updates via social channels and encourages supporters to follow the project for pre-sale announcements, documentation updates, and roadmap progress:

X: https://x.com/Investingyachts

Instagram: https://www.instagram.com/investing.yachts/

Telegram: https://t.me/+kLdobl6TM2kzYzJk

About Investing Yachts

Investing Yachts is a blockchain platform described as an RWA project focused on tokenizing exposure to luxury yacht charter economics through the $YATE token (Ethereum ERC-20). 

Investing Yachts lists a management team and advisory group spanning technology, yacht operations, finance, media, and international legal expertise. It counts on leadership with backgrounds in algorithmic trading, yacht charter operations, and institutional markets, including experience at major international banks.

Disclaimer: This press release is for informational purposes only and does not constitute investment advice.

ContactMedia Manager
Alvaro Reyes
Investing Yachts
info@investingyachts.com

Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page.

The post INVESTING YACHTS Launches RWA Yacht Charter Model appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
How Kyrgyzstan’s KGST Stablecoin Plans to Enter Daily UseKyrgyzstan launched KGST, a som-pegged stablecoin, backed by bank deposits and supported by state institutions and banks. Real time som to KGST conversion via local banks and QR payments through Binance Pay target everyday retail use. Education, low fees, and clear regulation aim to drive adoption while keeping wallets private and transactions transparent. Kyrgyzstan began advancing its national stablecoin agenda after launching KGST in late December in Bishkek. The project involves state institutions, banks, and Binance representatives working under a presidential blockchain council. According to Kirill Khomyakov, the effort aims to integrate KGST into daily payments through regulated infrastructure, education, and QR-based crypto payments. Building the KGST Infrastructure Kirill Khomyakov, Binance’s regional head and a member of Kyrgyzstan’s blockchain council, said the immediate focus remains infrastructure. According to him, the council approved a national blockchain strategy under the President of the Kyrgyz Republic. That plan prioritizes real-time conversion between the Kyrgyz som and KGST. Notably, Khomyakov said banks, the National Bank, and payment centers already support the framework. He added that retail and corporate users should soon convert som to KGST through any domestic bank. These tools, according to him, are expected within two months. KGST launched with a one-to-one peg to the som, with reserves held as bank deposits. Khomyakov said this structure avoids currency displacement risks. He also noted that no similar national stablecoin currently operates in Central Asia. Payments, Education, and Public Access Beyond infrastructure, authorities and partners are focusing on adoption channels. According to Khomyakov, Binance Pay is scheduled to launch in Kyrgyzstan by the end of February.  The service will allow QR-code payments directly from the Binance app. He said selected local partners will support low-fee transactions. This pricing approach matters because consumers compare costs with Visa and Mastercard payments. Education remains another priority. Khomyakov said Binance translated over 100 educational articles into Kyrgyz. He also confirmed a university tour that already reached 10 institutions, with plans to cover 36. Regulation, Banks, and Data Protection Khomyakov said Kyrgyz banks responded positively to crypto initiatives. He explained that regulatory clarity encourages cooperation. He also addressed data concerns, stating Binance does not share user data with tax authorities. According to him, Binance secured an ADGM license in Abu Dhabi on January 5. That license requires strict data protection. On blockchain transparency, Khomyakov said transactions remain visible, while wallet owners stay anonymous. The post How Kyrgyzstan’s KGST Stablecoin Plans to Enter Daily Use appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

How Kyrgyzstan’s KGST Stablecoin Plans to Enter Daily Use

Kyrgyzstan launched KGST, a som-pegged stablecoin, backed by bank deposits and supported by state institutions and banks.

Real time som to KGST conversion via local banks and QR payments through Binance Pay target everyday retail use.

Education, low fees, and clear regulation aim to drive adoption while keeping wallets private and transactions transparent.

Kyrgyzstan began advancing its national stablecoin agenda after launching KGST in late December in Bishkek. The project involves state institutions, banks, and Binance representatives working under a presidential blockchain council. According to Kirill Khomyakov, the effort aims to integrate KGST into daily payments through regulated infrastructure, education, and QR-based crypto payments.

Building the KGST Infrastructure

Kirill Khomyakov, Binance’s regional head and a member of Kyrgyzstan’s blockchain council, said the immediate focus remains infrastructure. According to him, the council approved a national blockchain strategy under the President of the Kyrgyz Republic. That plan prioritizes real-time conversion between the Kyrgyz som and KGST.

Notably, Khomyakov said banks, the National Bank, and payment centers already support the framework. He added that retail and corporate users should soon convert som to KGST through any domestic bank. These tools, according to him, are expected within two months.

KGST launched with a one-to-one peg to the som, with reserves held as bank deposits. Khomyakov said this structure avoids currency displacement risks. He also noted that no similar national stablecoin currently operates in Central Asia.

Payments, Education, and Public Access

Beyond infrastructure, authorities and partners are focusing on adoption channels. According to Khomyakov, Binance Pay is scheduled to launch in Kyrgyzstan by the end of February. 

The service will allow QR-code payments directly from the Binance app. He said selected local partners will support low-fee transactions. This pricing approach matters because consumers compare costs with Visa and Mastercard payments.

Education remains another priority. Khomyakov said Binance translated over 100 educational articles into Kyrgyz. He also confirmed a university tour that already reached 10 institutions, with plans to cover 36.

Regulation, Banks, and Data Protection

Khomyakov said Kyrgyz banks responded positively to crypto initiatives. He explained that regulatory clarity encourages cooperation. He also addressed data concerns, stating Binance does not share user data with tax authorities.

According to him, Binance secured an ADGM license in Abu Dhabi on January 5. That license requires strict data protection. On blockchain transparency, Khomyakov said transactions remain visible, while wallet owners stay anonymous.

The post How Kyrgyzstan’s KGST Stablecoin Plans to Enter Daily Use appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Forward Industries, Largest Solana Treasury, Under StrainForward holds nearly 7M SOL bought near $232, leaving close to $1B in unrealized losses as prices fell near $85. FWDI shares slid from about $40 to near $5, indicating pressure across crypto treasury firms as asset values decline. With no debt, Forward stakes SOL for 6–7% yield and may act opportunistically as peers cut exposure. Nasdaq-listed Forward Industries is facing a tricky time as crypto prices slide. The company, known for holding the largest publicly traded Solana treasury, disclosed steep unrealized losses as SOL fell near $85 in recent weeks. The decline has weighed on both its digital asset holdings and FWDI shares, which now trade near $5. Heavy Solana Exposure and Market Impact Forward Industries currently holds nearly 7 million SOL, more than its next three public competitors combined. Notably, the company acquired those tokens at an average price of about $232. At current market levels, the SOL stack is valued near $600 million, translating into an unrealized loss approaching $1 billion. At the same time, FWDI stock has fallen sharply. Shares dropped from nearly $40 during last year’s peak to just above $5. However, this decline mirrors broader pressure across digital asset treasury firms, which have seen balance sheets shrink as crypto prices retreated. Digital asset treasury companies, by design, concentrate crypto exposure on their balance sheets. As prices fall, asset values drop while leverage metrics worsen. Consequently, several firms have sold crypto holdings to manage debt obligations and liquidity needs. Forward Industries has not reported forced sales tied to debt servicing. Unlevered Balance Sheet and Consolidation Angle According to Ryan Navi, Forward Industries’ chief investment officer, the firm carries no corporate debt and remains fully unlevered. In an interview with CoinDesk, Navi said this structure allows flexibility while competitors reduce exposure. He added that scale and balance-sheet strength create room to act during market stress. Forward’s treasury strategy shifted in 2025 after raising roughly $1.65 billion through a private investment in public equity. Galaxy Digital, Jump Crypto, and Multicoin Capital led the round. Following the raise, the firm became the largest Solana-focused treasury company in public markets. Navi, who joined in December from KKR and ParaFi Capital, said equity prices across the sector remain dislocated. When valuations trade below net asset value, he noted, capital deployment can become more accretive. Staking, Structure, and Leadership Changes Forward stakes its SOL holdings, earning yields near 6% to 7%. Additionally, the firm partnered with Sanctum to issue a liquid staking token, fwdSOL. That token earns staking rewards while remaining usable within decentralized finance platforms. On Kamino, Forward can borrow against fwdSOL at rates below staking yields, according to Navi. Meanwhile, Multicoin Capital co-founder Kyle Samani recently stepped down as managing director. He remains chairman of Forward Industries and exited the Multicoin Master Fund using FWDI shares and warrants instead of cash. The post Forward Industries, Largest Solana Treasury, Under Strain appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Forward Industries, Largest Solana Treasury, Under Strain

Forward holds nearly 7M SOL bought near $232, leaving close to $1B in unrealized losses as prices fell near $85.

FWDI shares slid from about $40 to near $5, indicating pressure across crypto treasury firms as asset values decline.

With no debt, Forward stakes SOL for 6–7% yield and may act opportunistically as peers cut exposure.

Nasdaq-listed Forward Industries is facing a tricky time as crypto prices slide. The company, known for holding the largest publicly traded Solana treasury, disclosed steep unrealized losses as SOL fell near $85 in recent weeks. The decline has weighed on both its digital asset holdings and FWDI shares, which now trade near $5.

Heavy Solana Exposure and Market Impact

Forward Industries currently holds nearly 7 million SOL, more than its next three public competitors combined. Notably, the company acquired those tokens at an average price of about $232. At current market levels, the SOL stack is valued near $600 million, translating into an unrealized loss approaching $1 billion.

At the same time, FWDI stock has fallen sharply. Shares dropped from nearly $40 during last year’s peak to just above $5. However, this decline mirrors broader pressure across digital asset treasury firms, which have seen balance sheets shrink as crypto prices retreated.

Digital asset treasury companies, by design, concentrate crypto exposure on their balance sheets. As prices fall, asset values drop while leverage metrics worsen. Consequently, several firms have sold crypto holdings to manage debt obligations and liquidity needs. Forward Industries has not reported forced sales tied to debt servicing.

Unlevered Balance Sheet and Consolidation Angle

According to Ryan Navi, Forward Industries’ chief investment officer, the firm carries no corporate debt and remains fully unlevered. In an interview with CoinDesk, Navi said this structure allows flexibility while competitors reduce exposure. He added that scale and balance-sheet strength create room to act during market stress.

Forward’s treasury strategy shifted in 2025 after raising roughly $1.65 billion through a private investment in public equity. Galaxy Digital, Jump Crypto, and Multicoin Capital led the round. Following the raise, the firm became the largest Solana-focused treasury company in public markets.

Navi, who joined in December from KKR and ParaFi Capital, said equity prices across the sector remain dislocated. When valuations trade below net asset value, he noted, capital deployment can become more accretive.

Staking, Structure, and Leadership Changes

Forward stakes its SOL holdings, earning yields near 6% to 7%. Additionally, the firm partnered with Sanctum to issue a liquid staking token, fwdSOL. That token earns staking rewards while remaining usable within decentralized finance platforms.

On Kamino, Forward can borrow against fwdSOL at rates below staking yields, according to Navi. Meanwhile, Multicoin Capital co-founder Kyle Samani recently stepped down as managing director. He remains chairman of Forward Industries and exited the Multicoin Master Fund using FWDI shares and warrants instead of cash.

The post Forward Industries, Largest Solana Treasury, Under Strain appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
DOGE Faces Critical Support Test Amid Bearish MomentumKey Insights: Dogecoin’s price is testing major support levels, with $0.067–$0.070 seen as a critical area before further downside. The DOGE market remains active, with increasing transaction volume and addresses indicating potential market rotation. If DOGE holds above $0.094, it could attempt a recovery toward higher levels, but downside risks remain significant. Dogecoin's (DOGE) price has once again slipped into a dangerous territory, causing concern among traders. As the cryptocurrency drifts back into previously tested support zones, it faces a pivotal moment where a bounce or continued decline will determine its near-term trajectory. The market’s structure is becoming increasingly volatile, with the charts signaling bearish momentum while also hinting at the potential for sudden price reversals. The momentum surrounding Dogecoin remains firmly bearish. Recent price action has seen DOGE break through key levels of support, and the next significant floor sits much lower. Currently, the monthly chart indicates a major support area around $0.054, a zone that traders are closely watching.  While the price hovered around $0.102 in recent days, this level appears weak, with no clear signs of substantial buying support. The market seems to be stalling rather than reversing, suggesting that if sellers regain control, the next significant test could lead DOGE much lower. Active Network Despite Falling Prices Interestingly, even as Dogecoin’s price continues to fall, on-chain metrics show increased network activity. According to data from Glassnode, active addresses have spiked, and transaction volumes have picked up.  This could be indicative of traders repositioning themselves near key support levels, with some possibly rotating out of positions or preparing for a potential bounce. While this surge in network activity doesn’t definitively signal a bullish reversal, it suggests that the market remains engaged, and any shift in sentiment could lead to sharp movements. Struggling to Break Key Resistance On the daily chart, DOGE remains below its 100-day moving average, which is acting as a resistance level around $0.14. The lack of upward momentum means that any rallies are unlikely to be sustained unless this key level is reclaimed. For a trend reversal to materialize, Dogecoin would need to break through this resistance and hold its ground above $0.094, a crucial level that would give bulls a fighting chance. Without this breakout, the price could slide further into the red. Source: TradingView The 4-hour chart reveals a narrow trading range, with DOGE battling to maintain levels around $0.09. Overhead resistance at $0.115 is proving difficult to overcome, suggesting that the market remains heavy. If the price fails to regain $0.094, the next support area in the $0.067–$0.070 range could become the focus for traders.  Any further breakdown below these levels would shift attention toward $0.054 as the primary support zone. Consequently, DOGE faces a critical make-or-break moment in the coming days. The post DOGE Faces Critical Support Test Amid Bearish Momentum appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

DOGE Faces Critical Support Test Amid Bearish Momentum

Key Insights:

Dogecoin’s price is testing major support levels, with $0.067–$0.070 seen as a critical area before further downside.

The DOGE market remains active, with increasing transaction volume and addresses indicating potential market rotation.

If DOGE holds above $0.094, it could attempt a recovery toward higher levels, but downside risks remain significant.

Dogecoin's (DOGE) price has once again slipped into a dangerous territory, causing concern among traders. As the cryptocurrency drifts back into previously tested support zones, it faces a pivotal moment where a bounce or continued decline will determine its near-term trajectory. The market’s structure is becoming increasingly volatile, with the charts signaling bearish momentum while also hinting at the potential for sudden price reversals.

The momentum surrounding Dogecoin remains firmly bearish. Recent price action has seen DOGE break through key levels of support, and the next significant floor sits much lower. Currently, the monthly chart indicates a major support area around $0.054, a zone that traders are closely watching. 

While the price hovered around $0.102 in recent days, this level appears weak, with no clear signs of substantial buying support. The market seems to be stalling rather than reversing, suggesting that if sellers regain control, the next significant test could lead DOGE much lower.

Active Network Despite Falling Prices

Interestingly, even as Dogecoin’s price continues to fall, on-chain metrics show increased network activity. According to data from Glassnode, active addresses have spiked, and transaction volumes have picked up. 

This could be indicative of traders repositioning themselves near key support levels, with some possibly rotating out of positions or preparing for a potential bounce. While this surge in network activity doesn’t definitively signal a bullish reversal, it suggests that the market remains engaged, and any shift in sentiment could lead to sharp movements.

Struggling to Break Key Resistance

On the daily chart, DOGE remains below its 100-day moving average, which is acting as a resistance level around $0.14. The lack of upward momentum means that any rallies are unlikely to be sustained unless this key level is reclaimed. For a trend reversal to materialize, Dogecoin would need to break through this resistance and hold its ground above $0.094, a crucial level that would give bulls a fighting chance. Without this breakout, the price could slide further into the red.

Source: TradingView

The 4-hour chart reveals a narrow trading range, with DOGE battling to maintain levels around $0.09. Overhead resistance at $0.115 is proving difficult to overcome, suggesting that the market remains heavy. If the price fails to regain $0.094, the next support area in the $0.067–$0.070 range could become the focus for traders.

 Any further breakdown below these levels would shift attention toward $0.054 as the primary support zone. Consequently, DOGE faces a critical make-or-break moment in the coming days.

The post DOGE Faces Critical Support Test Amid Bearish Momentum appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
XRP Leads Cryptocurrency Decline as Market Faces Intense PressureKey Insights: XRP falls to $1.30, marking its lowest price since November 2024 amidst a market-wide sell-off. Peter Brandt predicts Bitcoin may crash to $42k, a critical support level for the wider crypto market. Despite market volatility, XRP records a positive net inflow of $4.83 million while other assets face outflows. XRP price took a sharp dive on Friday, leading cryptocurrency losses with a 10% plunge within 24 hours. The token traded below $1.30, its lowest price since November 2024, as broader market volatility continued to affect prices across the board. Other major cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and Cardano, also recorded losses, reflecting the intense sell-off pressure that has gripped the market recently. Veteran trader Peter Brandt has shared a concerning outlook for Bitcoin, forecasting a possible drop to $42,000 in the near future. Brandt described the current market correction as a “banana peel” drop, a term used to refer to sudden and unexpected price changes that take traders by surprise. While the market correction has led to significant price declines, Brandt believes Bitcoin’s price will find strong support around the $42,000 level, potentially preventing further major losses. Wide-Ranging Crypto Market Declines The downturn in the cryptocurrency market has seen Bitcoin’s price fall to approximately $60,074, while Ethereum also experienced a drop to $1,748. XRP, on the other hand, has fallen to the $1.13 support level, erasing the gains seen since November 2024. The broader market remains uncertain, especially with Peter Brandt’s prediction hanging over Bitcoin’s future trajectory. Should Bitcoin continue its correction, it could drag other cryptocurrencies like XRP down further. In the world of cryptocurrency exchange-traded funds (ETFs), there was a clear divide in inflows and outflows. On February 5, U.S. Bitcoin ETFs experienced a substantial $434 million in net outflows, with BlackRock’s Bitcoin ETF (IBIT) leading the charge at $175 million in withdrawals. Ethereum ETFs saw outflows of $80.79 million as well.  Source: TradingView However, Solana and XRP ETFs recorded minor inflows, with Solana’s spot ETFs seeing $2.82 million and XRP showing a stronger $4.83 million inflow, signaling some investor confidence amid the broader market uncertainty. XRP Price Targets and Technical Indicators XRP’s immediate downside price target is currently at $1.20, with a possible drop to the $1.10 area if bearish momentum persists. The Relative Strength Index (RSI) has also fallen to 33, indicating that XRP is nearing oversold conditions. On the other hand, a price rebound above $1.40 could shift the market sentiment and provide a more optimistic outlook for the cryptocurrency. Despite the recent price declines, XRP's relative stability compared to other cryptocurrencies indicates that it could recover faster, depending on the broader market conditions and Bitcoin's price movement in the coming days. The post XRP Leads Cryptocurrency Decline as Market Faces Intense Pressure appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

XRP Leads Cryptocurrency Decline as Market Faces Intense Pressure

Key Insights:

XRP falls to $1.30, marking its lowest price since November 2024 amidst a market-wide sell-off.

Peter Brandt predicts Bitcoin may crash to $42k, a critical support level for the wider crypto market.

Despite market volatility, XRP records a positive net inflow of $4.83 million while other assets face outflows.

XRP price took a sharp dive on Friday, leading cryptocurrency losses with a 10% plunge within 24 hours. The token traded below $1.30, its lowest price since November 2024, as broader market volatility continued to affect prices across the board. Other major cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and Cardano, also recorded losses, reflecting the intense sell-off pressure that has gripped the market recently.

Veteran trader Peter Brandt has shared a concerning outlook for Bitcoin, forecasting a possible drop to $42,000 in the near future. Brandt described the current market correction as a “banana peel” drop, a term used to refer to sudden and unexpected price changes that take traders by surprise. While the market correction has led to significant price declines, Brandt believes Bitcoin’s price will find strong support around the $42,000 level, potentially preventing further major losses.

Wide-Ranging Crypto Market Declines

The downturn in the cryptocurrency market has seen Bitcoin’s price fall to approximately $60,074, while Ethereum also experienced a drop to $1,748. XRP, on the other hand, has fallen to the $1.13 support level, erasing the gains seen since November 2024. The broader market remains uncertain, especially with Peter Brandt’s prediction hanging over Bitcoin’s future trajectory. Should Bitcoin continue its correction, it could drag other cryptocurrencies like XRP down further.

In the world of cryptocurrency exchange-traded funds (ETFs), there was a clear divide in inflows and outflows. On February 5, U.S. Bitcoin ETFs experienced a substantial $434 million in net outflows, with BlackRock’s Bitcoin ETF (IBIT) leading the charge at $175 million in withdrawals. Ethereum ETFs saw outflows of $80.79 million as well. 

Source: TradingView

However, Solana and XRP ETFs recorded minor inflows, with Solana’s spot ETFs seeing $2.82 million and XRP showing a stronger $4.83 million inflow, signaling some investor confidence amid the broader market uncertainty.

XRP Price Targets and Technical Indicators

XRP’s immediate downside price target is currently at $1.20, with a possible drop to the $1.10 area if bearish momentum persists. The Relative Strength Index (RSI) has also fallen to 33, indicating that XRP is nearing oversold conditions. On the other hand, a price rebound above $1.40 could shift the market sentiment and provide a more optimistic outlook for the cryptocurrency.

Despite the recent price declines, XRP's relative stability compared to other cryptocurrencies indicates that it could recover faster, depending on the broader market conditions and Bitcoin's price movement in the coming days.

The post XRP Leads Cryptocurrency Decline as Market Faces Intense Pressure appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Binance Faces Scrutiny Over Deep On-Chain ConnectionsBinance helped fund major exchanges like Coinbase & Huobi, showing a centralized flow of crypto funds. Connections span FTX affiliates, leveraged tokens, and risky devs, hinting at potential market vulnerabilities. Shared wallets and cross-platform ties suggest complex, sometimes opaque networks with financial and geopolitical risks. Worlds largest exchange Binance finds itself under intense scrutiny as the exchange confronts the U.S. Securities and Exchange Commission (SEC) in court. Analysts warn that the platform’s opaque history may signal broader risks for the crypto market.  Tyler Reed, a founder at TruthLabs, noted a set of concerning on-chain links that featured Binance and created a connection to other exchanges and prominent figures in the crypto world. According to Reed, these relationships indicate potential liquidity compression for the system as a whole. Reed emphasizes that Binance has historically funded and set up several major exchanges, including Coinbase and Huobi. "Did you know that all of @coinbase public exchange address' were originally funded/setup thru #binance and #crypto.com?" he tweeted.  These links suggest a centralized flow of funds that could eventually influence market stability. Furthermore, Binance’s connections extend to former FTX affiliates, leveraged token deployers, and notable developers, raising questions about transparency. Binance’s Network and Market Influence Research shows Binance often served as a primary funder for emerging exchanges. Reed documents that Huobi’s initial exchange addresses were funded by Binance, while Binance also supported TUSD’s deployer wallet.  Additionally, connections with Multichain’s development team indicate ties to large-scale rug pulls. Reed states, "If you follow my research, you will recognize that Multichain's Dev (and Binance) are connected to some of the most prolific rugs in Crypto." These revelations imply a network where funds move freely, often bypassing standard oversight. Furthermore, Binance and Crypto.com also seem to share Ethereum addresses. It is also important to note that the previous Binance CEO for Turkey also owns equity in FTX Turkey, pointing to further connections. However, Reed also indicates that such connections can result in affiliated members of the Chinese Communist Party. The post Binance Faces Scrutiny Over Deep On-Chain Connections appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Binance Faces Scrutiny Over Deep On-Chain Connections

Binance helped fund major exchanges like Coinbase & Huobi, showing a centralized flow of crypto funds.

Connections span FTX affiliates, leveraged tokens, and risky devs, hinting at potential market vulnerabilities.

Shared wallets and cross-platform ties suggest complex, sometimes opaque networks with financial and geopolitical risks.

Worlds largest exchange Binance finds itself under intense scrutiny as the exchange confronts the U.S. Securities and Exchange Commission (SEC) in court. Analysts warn that the platform’s opaque history may signal broader risks for the crypto market. 

Tyler Reed, a founder at TruthLabs, noted a set of concerning on-chain links that featured Binance and created a connection to other exchanges and prominent figures in the crypto world. According to Reed, these relationships indicate potential liquidity compression for the system as a whole.

Reed emphasizes that Binance has historically funded and set up several major exchanges, including Coinbase and Huobi. "Did you know that all of @coinbase public exchange address' were originally funded/setup thru #binance and #crypto.com?" he tweeted. 

These links suggest a centralized flow of funds that could eventually influence market stability. Furthermore, Binance’s connections extend to former FTX affiliates, leveraged token deployers, and notable developers, raising questions about transparency.

Binance’s Network and Market Influence

Research shows Binance often served as a primary funder for emerging exchanges. Reed documents that Huobi’s initial exchange addresses were funded by Binance, while Binance also supported TUSD’s deployer wallet. 

Additionally, connections with Multichain’s development team indicate ties to large-scale rug pulls. Reed states, "If you follow my research, you will recognize that Multichain's Dev (and Binance) are connected to some of the most prolific rugs in Crypto." These revelations imply a network where funds move freely, often bypassing standard oversight.

Furthermore, Binance and Crypto.com also seem to share Ethereum addresses. It is also important to note that the previous Binance CEO for Turkey also owns equity in FTX Turkey, pointing to further connections. However, Reed also indicates that such connections can result in affiliated members of the Chinese Communist Party.

The post Binance Faces Scrutiny Over Deep On-Chain Connections appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
Войдите, чтобы посмотреть больше материала
Последние новости криптовалют
⚡️ Участвуйте в последних обсуждениях в криптомире
💬 Общайтесь с любимыми авторами
👍 Изучайте темы, которые вам интересны
Эл. почта/номер телефона
Структура веб-страницы
Настройки cookie
Правила и условия платформы