Invest ideasNews
5 Feb 2026, 12:18
Tether Amplifies Growth to New Heights Despite Market Turbulence
USDT grew impressively in the final quarter of 2025 after a market downturn. Tether's reserve structure fortified trust with significant assets in place. Continue Reading: Tether Amplifies Growth to New Heights Despite Market Turbulence The post Tether Amplifies Growth to New Heights Despite Market Turbulence appeared first on COINTURK NEWS .
5 Feb 2026, 12:14
XLM dips below the October 10 low of $0.16: how low can it go?
Stellar Lumen’s XLM coin has recorded massive losses over the last seven days, mirroring the performance of the broader cryptocurrency market. At press time, it is trading at $0.159, down by more than 8% in the last 24 hours. The bearish performance comes after XLM was rejected at a key level, with further downward movement currently on the cards. The derivatives data show signs of weakness, with XLM’s short bets rising amid falling Open Interest (OI). Technical indicators also suggest that the bears remain in control and could push XLM’s price lower in the near term. Derivatives data show a strong bearish bias The bearish performance comes as derivatives data show weakening retail demand. According to CoinGlass’s data , XLM long-to-short ratio stands at 0.85 on Thursday, nearing the lowest value in a month. With the ratio below one, it suggests that the market sentiment is currently bearish and more traders are betting on the asset price to fall. Furthermore, Stellar’s futures Open Interest (OI) dropped to $97 million on Thursday, the lowest level since November 2024, and has been steadily falling since the start of this year. The declining OI indicates decreasing investor participation and projects a bearish outlook. XLM’s bearish performance mirrors BTC, ETH, XRP, SOL, and other leading cryptocurrencies. Bitcoin has dropped to the $70k region after losing 7% of its value since Wednesday. Ether risks dropping below the $2k psychological level, while XRP failed to defend the $1.44 support level, with the bulls now pushing it towards the $1.30 support. Stellar technical forecast: will XLM drop below the $0.15 psychological level? The XLM/USD 4-hour chart is extremely bearish after losing 22% of its value in the last seven days. The bearish performance comes after XLM’s price was rejected around the broken trendline of $0.1835 on Monday, resulting in over 13% loss in the last four days. At press time, XLM is trading at $0.159 per coin. XLM has dropped below the 2025 yearly low of $0.160, set on October 10, and could decline towards the $0.15 psychological level if the selloff persists. The Relative Strength Index (RSI) reads 36 on the 4-hour chart, an oversold condition, indicating strong bearish momentum. The Moving Average Convergence Divergence (MACD) also showed a bearish crossover three weeks ago, which remains intact, further supporting the negative outlook. However, if the bulls regain control in the near term, XLM could recover towards the $0.183 resistance level. An extended bullish scenario would see the bulls push XLM towards the January 28 high of $0.213. The post XLM dips below the October 10 low of $0.16: how low can it go? appeared first on Invezz
5 Feb 2026, 12:12
Trader publishes open letter after Binance lawsuit over ‘10/10’ crash allegations
An X user had accused Binance of allegedly manipulating a price wick in the SOL/USDT trading pair on October 11, blaming the exchange for wiping away “ten years of their heart and soul.” A cryptocurrency trader named Edison Zhang is facing legal action from Binance after publicly accusing the exchange of causing a market event that liquidated his leveraged positions. The trader, known on X as @edisonzz, published an open letter that also included evidence to back his claims. He also shared screenshots of his trades on the SOL/USDT pair on October 11, claiming that an unusual price movement, also known as a wick, led to the liquidation of his long positions. “Everything had been wiped out. My account was at zero. Ten years of heart and soul vanished into thin air,” Zhang lamented. Binance leverage market price wick caused liquidations, user claims A price wick, also called a shadow or tail, is the thin vertical line on a candlestick chart that represents the highest and lowest prices reached during a trading period, even if the price did not close there. The upper wick shows the highest level reached before an asset’s price pulls back and selling pressures intensify. On the flipside, the lower wick shows the lowest level reached before price rebounds and buying interest jumps in. Zhang says the disputed movement began from a downward wick in SOL trading on Binance. He states his liquidation price was $145, while the market low at the time was $141. According to his account, the move pushed the price below his liquidation threshold, commencing an automatic closure of his positions. “In 2025, I was working in Abu Dhabi, UAE. My strategy for the year was to be a steady, conservative player, aiming for consistent growth. Betting on the positive outlook for the U.S. ETFs, I opened a long position on SOL at over $240, expecting approval within the next 1–2 weeks,” he narrated. On the morning of October 11, at nearly 2:00 AM, I woke up with a jolt. I checked the price—it was around $180. I had received absolutely no SMS or email notifications regarding a margin call. But, feeling uneasy, I opened the app anyway, only to find that everything had been wiped out. My account was at zero. Zhang. After the incident, Zhang says he attempted to resolve the matter through Binance customer support, but the conversations went nowhere, support tickets were rejected, and he was repeatedly directed to official announcements. Zhang initially considered seeking recourse through the Financial Services Regulatory Authority, or FSRA, in Abu Dhabi. He says he later learned FSRA regulates Binance FZE, a different legal entity from the one serving global users, so he had to abandon that path. In December, the bereft trader discovered that Binance Global had changed its registered address to the Abu Dhabi Global Market (ADGM). Because ADGM falls under the same jurisdiction as his workplace and is physically close, he believed it could be his chance at getting compensation. According to Zhang, he made several public posts about his ADGM pursuit, which prompted a cease-and-desist notice dated February 3 from Al Tamimi & Company, a law firm he claimed represents Binance . Per the email shared in the X article, the firm is the legal counsel to Nest Exchange Limited, the entity responsible for Binance[dot]com. Nest Exchange email to Zhang. Source: X. Zhang says Binance’s representatives cited his customer service chat records and insisted that seeking recourse through FSRA would be “illegal.” He says they insisted disputes must go through arbitration at the Hong Kong International Arbitration Centre or the International Chamber of Commerce. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
5 Feb 2026, 12:11
XRP Optimism Remains Strong Despite Market Crash
XRP remains optimistic by surpassing Bitcoin and Ethereum on social media. Even though market fear is at its peak, the RSI 20.40 oversold signal and strong support levels provide hope for recovery....
5 Feb 2026, 12:11
Sharps Technology partners with BitGo for Solana treasury management
5 Feb 2026, 12:10
Will XRP Plunge Below $1 in February? ChatGPT Reassesses After Ripple’s Crash
The price moves from precisely a month ago could hardly have anticipated what happened in the following 30 days. XRP, for example, skyrocketed by 30% at the time to $2.40 amid growing ETF inflows. The subsequent rejection and correction, though, were brutal. After several consecutive leg downs, the culmination, at least for now, transpired earlier today when it plunged below $1.40 and now struggles at $1.35. As such, we decided to revisit a painful question for ChatGPT. Below $1 Now? CryptoPotato first asked this question over the weekend when the landscape around Ripple and its native token was not as grim. XRP traded at around $1.60 after its most recent crash, but it seemed as if it had bottomed. Perhaps that’s why most AIs agreed that the chances for a drop beneath $1.00 in February were quite slim at the time. However, that perceived bottom gave in during the current trading week, as mentioned above. Consequently, we asked ChatGPT whether its view on the matter will change now. The AI’s short answer was yes, as the probability of such a drop is “meaningfully higher now than it was when XRP was at $1.60-$1.70.” At the time, the token still traded above major structural support, and the broader market hadn’t rolled over so decisively. There was no confirmed breakdown of higher-timeframe levels, and the sentiment wasn’t entirely bearish. A lot changed in the following several days, though. Momentum has accelerated to the downside as XRP sold off aggressively, “slicing through intermediate supports and failing to hold rebounds.” Additionally, February has just started, and there’s too much time for such a drop to occur if the overall conditions do not improve rapidly. Dip or Breakdown? Given the current circumstances, ChatGPT believes that the probability of XRP remaining above $1.00 in February is around 40%. It expects that there will be some consolidation and choppy trading after such heightened volatility and declines. However, it also noted that there’s a 35-40% chance of a liquidity sweep to just under $1.00 in the next few weeks. It would be prompted by a fast sell-off, resulting in a panic wick, before a sharp rebound. This scenario, it added now, has become “very real.” It still dismissed the possibility of a full-on breakdown below $1.00, saying the percentages are around 15-20% now. Although this scenario appears least likely for ChatGPT, it still acknowledged that it had gone from negligible (over the weekend) to quite possible (now). The post Will XRP Plunge Below $1 in February? ChatGPT Reassesses After Ripple’s Crash appeared first on CryptoPotato .
