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Solana's price plummets as meme coin mania wanes, with bearish indicators signaling further declines below $210. Can demand revive SOL’s rally?
Uniswap V4, the SUI token unlock, and key FOMC decisions headline this week’s top crypto stories. Ecosystem launches also set the tone.
HBAR struggles as bullish momentum fades, with a 17% correction likely. Can it reclaim $0.33 support and challenge $0.40 resistance?
Chinese AI startup DeepSeek sparks a crypto market sell-off, sending Bitcoin tumbling and AI tokens reeling amid growing market disruptions.
XRP’s price struggles under bearish pressure, fueled by $96M in spot outflows and technical indicators pointing to potential declines. Will demand rebound?
Jupiter’s JUP token surged 6% following the announcement of a $3 billion token burn and buyback plan. Bullish sentiment remains strong as open interest and demand for long positions increase.
The filing, submitted on January 24, seeks a rule change to allow authorized participants to use Bitcoin directly.
- 16:52Data: 100 million XRP unlocked from the custodial accountAccording to Whale Alert monitoring, at 22:20 Singapore time, 100 million XRP (worth $283.89 million) were unlocked from escrow. In 2017, Ripple Inc. locked up 55 billion XRP (representing 55% of the total supply) in an escrow account based on the XRP Ledger. These escrow accounts are controlled by smart contracts and automatically unlock one billion XRP each month (originally set at one billion per month before 2020, later adjusted to 450 million per month). Not all of the unlocked one billion XRP enter circulation each time; Ripple typically only uses a portion of the unlocked tokens (such as for market sales), with the remaining part being re-locked into escrow for future release. In 2020, Ripple extended its escrow contract from 55 months to 70 months to further slow down releases.
- 16:47CryptoQuant CEO: Meme coins with practical use and mature systems may emerge in the futureCryptoQuant CEO Ki Young Ju posted on platform X, stating that although he is not a fan of Meme coins, he still believes they have potential value. The current phenomenon of Meme coins is similar to the original collective consciousness. These communities operate in ways similar to shared belief systems and may evolve from "shamanic movements" into more structured belief systems. Harmful Meme communities should be rejected, while those promoting positive spiritual energy can receive support. Although the value of Meme coins is limited at this stage, in the long term, Meme coins with practical uses and mature systems may emerge. In the future, religious organizations, charities, and non-governmental organizations may issue socially valuable Meme coins to provide new social and economic models for internet communities.
- 16:42Data: The funding rate of mainstream exchanges has turned negativeAccording to Coinglass data, as the price of Bitcoin continues to probe lower, the funding rate of perpetual contracts on mainstream exchanges has turned negative, reflecting a bearish shift in market sentiment. Analysts point out that a brief negative turn in Bitcoin's funding rate often signals the formation of a "local bottom". Historical data shows that when the funding rate turns from positive to negative, it is often accompanied by leverage liquidation and changes in market sentiment. However, this signal needs to be combined with other technical indicators for comprehensive judgment and cannot simply be regarded as a market bottom signal.