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In brief Bitcoin is holding above the $74,000 level, but analysts say momentum remains fragile and downside risks persist. QCP Capital is warning a break below could deepen losses, while relief likely requires a move back above $80,000. Macro uncertainty, policy risk, and leveraged positioning continue to weigh on confidence across crypto markets, Decrypt was told. Bitcoin has stabilized after a sharp selloff, but weakening momentum below key support levels has left it and the broader crypto market vulnerable to further downside, experts warn.The stable level finds Bitcoin “above $74,500,” but price action “remains fragile,” with momentum that “continues to…

Stablecoin-fueled dusting attacks are now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics. Ethereum is now seeing more than 2 million average daily transactions, spiking to almost 2.9 million in mid-January, along with 1.4 million daily active addresses — a 60% increase over prior averages.The Fusaka upgrade in December made using the network cheaper and easier by improving onchain data handling, reducing the cost of posting information from layer-2 networks back to Ethereum.Digging through the dust on EthereumCoin Metrics said…

The U.S. government has taken full legal ownership of more than $400 million in seized cryptocurrency, cash, and real estate tied to Helix, once one of the most widely used bitcoin mixing services on the darknet. A federal judge in Washington, D.C., entered a final order of forfeiture on Jan. 21, transferring the assets to the government following the conviction of Helix operator Larry Dean Harmon. The forfeiture includes thousands of bitcoin, hundreds of thousands of dollars in cash, and an Ohio mansion purchased during the peak of Helix’s operation. Helix functioned as a cryptocurrency mixer, pooling and rerouting bitcoin…

Meanwhile, the spot XRP ETFs were slightly in the red on February 2 again, but it was nothing compared to last week’s massive withdrawals. After nearly a week of almost consistent price losses, Ripple’s cross-border token has finally rebounded, marking a 4% increase since yesterday to just over $1.60. Analysts rushed to offer their views on the asset’s short-term price performance, with Ali Martinez outlining the next significant support lines if XRP’s current recovery is nothing more than a dead-cat bounce. 3 support levels for $XRP: • $1.42• $1.27• $1.06 pic.twitter.com/rXZCnhV7yC — Ali Charts (@alicharts) February 2, 2026 CryptoWZRD was…

Bitcoin’s BTC$78,443.11 price sell-off has paused in the last 24 hours. However, prospects for a long-lasting recovery look dimmer as the dollar index springs back to life, threatening to squeeze crypto prices.Prices for the leading cryptocurrency by market value have stabilized between $75,000 and $80,000 after a weekend decline that saw valuations drop from $85,000 to under $75,000. Some observers are pinning hopes on futures market dynamics to trigger a recovery above $80,000.While that’s possible, sustainability is called into question as the dollar index, which tracks the greenback’s value against major fiat currencies, is buoyant. Some experts expect the dollar…

In brief Arizona Attorney General Kris Mayes launched a fraud complaint form on Monday for victims to report losses within 30 days amid a nationwide surge in crypto ATM fraud. The scams frequently begin with unexpected calls or texts from impostors claiming to be law enforcement or loved ones, pressuring victims to deposit cash into crypto kiosks. Americans reported $246 million in losses linked to crypto ATMs in 2024, with 43% of victims over age 60, according to FBI data. Scammers are increasingly exploiting Arizona’s approximately 600 crypto ATMs to defraud consumers, particularly older adults, prompting Attorney General Kris Mayes…

XRP gained nearly 3% after Ripple reached a fresh regulatory breakthrough in Europe. The company confirmed that it has secured full approval of its Electronic Money Institution (EMI) license in Luxembourg.The milestone represents a key step in Ripple’s broader strategy to scale its digital assets solutions across European markets.Sponsored SponsoredRipple’s European Expansion Accelerates With EMI License ApprovalThe Commission de Surveillance du Secteur Financier (CSSF), Luxembourg’s financial supervisor, granted Ripple its full EMI license after the company met all regulatory conditions set out by the CSSF. The decision follows preliminary authorization given in January.For context, an EMI license permits companies to…

Bitcoin and major cryptocurrencies bounced in the past 24 hours after a brutal weekend sell-off that pushed prices to multi-month lows and triggered billions of dollars in liquidations across derivatives markets.Bitcoin was trading just under $79,000 during Asian morning hours, recovering from weekend lows near $74,000. Ether climbed above $2,340, while Solana, BNB, XRP and Cardano posted gains of between 3% and 6% over the past 24 hours, according to market data. Despite the rebound, most large-cap tokens remain down sharply on a seven-day basis with losses upto 20%.The move follows a broad capitulation that swept through crypto markets over…

BitMEX, one of the safest crypto exchanges, announced today the launch of the Grand Ascent campaign, allowing traders to win their share of a 100,000 USDT prize pool by completing a series of trading missions.  The campaign will run from 26 January 2026 at 12:00 PM (UTC) to 17 February 2026 at 11:59 AM (UTC). Users can participate at any time during the campaign period. Rewards will be distributed across 3 categories: For New Users: Users who complete their KYC verification during the campaign can win up to $5,050 in new trader quest rewards.  For Existing Users: Users that reach…

Solana-based decentralized excange Jupiter said it will bring Polymarket to the network for the first time, rolling out an integration that it pitched as a push to make Jupiter a fuller on-chain predictions hub.“For the first time, Polymarket is coming to Solana. On Jupiter,” the exchange posted on X, adding users will be able to trade prediction markets “on one onchain platform.” Jupiter called Polymarket “the biggest predictions market in crypto” and said the deal is “primed for making Jupiter the most innovative predictions platform on Solana.”The announcement came alongside a separate funding update: Jupiter said it has secured a…