Binance has begun shifting its $1 billion user protection fund into bitcoin, 
converting stablecoin reserves as part of a broader move to anchor SAFU in 
what it calls crypto’s most durable asset. Binance Begins $1B Bitcoin 
Accumulation Plan With First $100M Allocation Crypto exchange Binance shared 
on social media platform X on Feb. 2 that […]

First Batch Complete: Binance Starts Executing a $1B Bitcoin Buying Plan

Crypto prices today saw modest gains after a violent weekend sell-off cooled, 
offering the first signs of stabilization following days of forced 
deleveraging. Bitcoin was trading at $78,465 at press time, up 5.2% over the 
past 24 hours. The broader…

Crypto prices today (Feb. 3): BTC, BNB, ADA, AVAX rebound as liquidations ease

XRP price extended losses and traded below $1.550. The price is now attempting 
to recover but faces hurdles near $1.650 and $1.70. XRP price started a 
recovery wave from the $1.50 zone. The price is now trading below $1.620 and 
the 100-hourly Simple Moving Average. There is a key bearish trend line 
forming with resistance at $1.6150 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move down if it stays 
below $1.650. XRP Price Faces Resistance XRP price failed to stay above $1.650 
and extended its decline, like Bitcoin and Ethereum. The price declined below 
$1.620 and $1.60 to enter a short-term bearish zone. The price even spiked 
below $1.520. A low was formed at $1.50, and the price is now attempting to 
recover. There was a move above the $1.5750 level. The price surpassed the 
23.6% Fib retracement level of the downward move from the $1.9388 swing high 
to the $1.50 low. The price is now trading below $1.620 and the 100-hourly 
Simple Moving Average. If there is a fresh upward move, the price might face 
resistance near the $1.620 level. There is also a key bearish trend line 
forming with resistance at $1.6150 on the hourly chart of the XRP/USD pair. 
The first major resistance is near the $1.650 level. A close above $1.650 
could send the price to $1.720 or the 50% Fib retracement level of the 
downward move from the $1.9388 swing high to the $1.50 low. The next hurdle 
sits at $1.750. A clear move above the $1.750 resistance might send the price 
toward the $1.780 resistance. Any more gains might send the price toward the 
$1.80 resistance. The next major hurdle for the bulls might be near $1.825. 
Another Drop? If XRP fails to clear the $1.650 resistance zone, it could start 
a fresh decline. Initial support on the downside is near the $1.5760 level. 
The next major support is near the $1.550 level. If there is a downside break 
and a close below the $1.550 level, the price might continue to decline toward 
$1.5250. The next major support sits near the $1.50 zone, below which the 
price could continue lower toward $1.4650. Technical Indicators Hourly MACD – 
The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI 
(Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. 
Major Support Levels – $1.5760 and $1.550. Major Resistance Levels – $1.6150 
and $1.650.

XRP Price Weakness Persists With Bears Eyeing A New Leg Lower

Bitcoin’s latest drawdown is being framed less as a technical breakdown and 
more as a liquidity problem, with Ki Young Ju arguing that the key inputs that 
sustained the rally fresh capital inflows have stalled. In that setup, he 
says, calls for a full-cycle, -70% style capitulation hinge on a single 
variable: whether Strategy turns from buyer to meaningful seller. Will Bitcoin 
Experience Another -70% Bear Market? In a Feb. 1 post, Ki said “Bitcoin is 
dropping as selling pressure persists, with no fresh capital coming in.” He 
pointed to a flatlining Realized Cap as evidence that incremental money is no 
longer entering the market, and tied that directly to market structure. 
“Realized Cap&#8221; has flatlined, meaning no fresh capital. When market cap falls 
in that environment, it&#8217;s not a bull market.” His read is that the profit- 
taking has been there for a while, it was simply absorbed. Early holders, he 
wrote, were “sitting on big unrealized gains thanks to ETFs and MSTR buying,” 
and “have been taking profits since early last year, but strong inflows kept 
Bitcoin near 100K.” The change now, in his telling, is that the bid that 
mattered most has faded: “Now those inflows have dried up.” Related Reading: 
Bitcoin LTH Supply Rises Again Amid Bearish Market Dynamics That’s where the 
crash math changes. Ki described Strategy (MSTR) as “a major driver of this 
rally,” but argued the reflexive downside seen in prior cycles is unlikely 
without a decisive reversal from the company’s balance sheet strategy. “Unless 
Saylor significantly dumps his stack, we won&#8217;t see a -70% crash like previous 
cycles,” he wrote, carving out an explicit condition rather than presenting 
the drawdown as inevitable. Even so, he didn’t claim the market has found a 
floor. “Selling pressure is still ongoing, so the bottom isn&#8217;t clear yet,” Ki 
said, adding that the more probable path is time, not a straight-line 
liquidation. His base case is “a wide-ranging sideways consolidation,” a 
regime where volatility can persist but direction becomes harder to sustain 
without new marginal buyers. Stablecoin Liquidity Dries Up CryptoQuant 
contributor Darkfost added color on what “no fresh capital” looks like in the 
plumbing. He argued stablecoin activity, often treated as a near-term proxy 
for deployable crypto liquidity, has rolled over sharply as uncertainty stays 
elevated. Related Reading: Is The Bitcoin Bottom In? CMT Reveals What 
Investors Need To See Now “The crypto market is currently going through a 
delicate phase, marked by a structural lack of liquidity in a context of 
persistently high uncertainty,” he wrote, calling it an environment “not 
conducive to risk taking,” especially relative to assets like precious metals 
and equities that are still drawing flows. Darkfost said the stablecoin market 
had expanded by more than $140 billion since 2023, but that total stablecoin 
market capitalization began declining in December, “putting an end to this 
sustained growth trend.” The more actionable signal, he argued, is exchange 
flows: “Strong inflows generally indicate a willingness to gain exposure to 
the market, while outflows instead suggest capital preservation and a 
reduction in risk.” He highlighted October as the last clear liquidity-heavy 
month, when “average monthly stablecoin netflows exceeded $9.7B,” with nearly 
$8.8B concentrated on Binance alone—conditions that “supported Bitcoin’s rally 
toward a new all time high.” Since November, he said, those inflows have been 
“largely wiped out,” with an initial $9.6 billion drop, then a brief 
stabilization, followed by renewed net outflows of more than $4 billion, 
including $3.1 billion from Binance. At press time, BTC traded at $78,280. 
Featured image created with DALL.E, chart from TradingView.com

70% Bitcoin Crash Incoming? CryptoQuant CEO Says It Depends On This

Rising Bitcoin supply in loss suggests structural market weakening, indicating 
potential prolonged bearish conditions and unresolved downside risks.
The post Bitcoin supply in loss signals early bear market conditions: 
CryptoQuant appeared first on Crypto Briefing.

Cryptocurrency price in ARS