Toward the U.S. market close, BTC first dropped 4.8% to around $60,033. The selling failed to deepen. Buyers stepped in. Price quickly climbed to $65,926.

The move came just one day after Thursday’s 13% plunge, Bitcoin’s steepest daily loss since November 2022.

$700 Million in Liquidations Rocked the Market

According to CoinGlass data, roughly $700 million in leveraged crypto positions were wiped out in just the last four hours.

Of that total:

• $530 million came from long positions

• $170 million from shorts

The mix shows traders were hit hard on the way down — then caught on the wrong side again during the rebound. In other words, market direction was driven less by conviction and more by aggressive leverage.

The $60,000 level acted as a psychological floor traders had been watching for weeks. Spot buyers stepped in around that zone, igniting the bounce.

Damien Loh, Chief Investment Officer at Ericsenz Capital, said the area signals strong technical support, but warned that overall market sentiment remains fragile.

Altcoins Followed — Solana Recovered Losses Within Hours

Bitcoin’s turbulence spread across the broader crypto market.

Solana, for example, fell as much as 14% intraday, only to erase those losses within hours. The rapid reversal highlighted how quickly risk appetite can shift when liquidity tightens.

Since October’s liquidation cascades, crypto markets have already been unstable. The latest drop intensified as global markets turned risk-off. Investors dumped speculative assets — and crypto was pulled into the same current.

Strategy Reports $12.4 Billion Quarterly Loss

Bitcoin’s pullback is now showing up on corporate balance sheets.

Michael Saylor–led Strategy said Thursday it posted a $12.4 billion net loss for Q4, driven by markdowns on its Bitcoin holdings.

Price volatility is no longer hitting just traders. It’s landing directly on institutions.

Fear Index Falls to 9: “Extreme Fear” Territory

Despite the rebound, psychology remains under pressure.

The Crypto Fear & Greed Index dropped to 9, flashing “extreme fear.” The index stood at 12 a day earlier, 16 last week, and 42 last month — a sharp slide that shows how quickly investors shifted from cautious to defensive.

The index blends volatility, volume, momentum, social media activity, Bitcoin dominance, and Google Trends data. It’s designed to measure sentiment, not predict price.

Right now, the signal is clear: the market is operating in “sell first, think later” mode.

Does Extreme Fear Signal a Bottom?

In past cycles, extreme fear often aligned with local bottoms, largely because panic flushes out leveraged traders and short-term speculators.

But it’s not a rule.

The index should be read as a snapshot of stress, not a timing tool.

While Bitcoin rebounded from near $60,000 to $65,000, current data suggests the market is still being driven by leverage rather than conviction — pointing to elevated volatility in the days ahead.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post $700M Liquidations Rock Bitcoin — BTC Back Above $65K appeared first on Coin Engineer.

At the time of writing, SOL is trading around $98-100, down 6.3% over the past 24 hours. The decline marks a clear shift in momentum, especially considering that Solana had only briefly dipped below $100 earlier this year before quickly recovering. This time, the sell-off appears more sustained.

Selling Pressure Accelerates

The recent price action has been sharp. Solana is down nearly 20% over the past week and approximately 25% over the last 30 days. Alongside the price decline, market activity has cooled. Daily trading volume has fallen 26% to $7.63 billion, suggesting that some of the intense weekend selling may be slowing rather than accelerating.

Derivatives data points in the same direction. Total derivatives volume has declined 21% to $19.26 billion, while open interest has dropped 5% to $6.15 billion. This pattern indicates that existing long positions are being closed, rather than aggressive new short positions entering the market.

Macro Headwinds Weigh on Sentiment

The weakness in Solana is not happening in isolation. The broader crypto market has been under pressure following a wave of liquidations driven by high leverage and thin liquidity. At the same time, expectations of tighter U.S. monetary policy have resurfaced after President Donald Trump nominated former Federal Reserve governor Kevin Warsh as the next Fed chair, a move widely interpreted as hawkish.

Geopolitical tensions, particularly rising concerns around U.S.–Iran relations, have further pushed investors toward safer assets, leaving crypto assets vulnerable in a risk-off environment.

Strong Network Activity Offers a Counterbalance

Despite the price decline, Solana’s underlying network metrics remain robust. In January, the network processed over 2.34 billion transactions, a 33% monthly increase, surpassing the combined activity of Ethereum, Base, and BNB Chain.

Institutional interest also shows resilience. While Bitcoin and Ethereum investment products recorded net outflows in January, U.S. spot Solana ETFs attracted $104 million in inflows, highlighting continued interest from traditional investors.

Key Price Levels to Watch

With $100 now broken, attention shifts to the $92–90 zone as the next area of potential support. Below that, $85 stands out as a previous consolidation area, while $80 represents a more significant long-term support level if selling pressure continues.

For momentum to improve, Solana would need to reclaim $100 and hold above it. Until that happens, any price rebounds are likely to be viewed as temporary recoveries within a broader downward trend.

This content is for informational purposes only and does not constitute investment advice.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Solana Drops Below $100 for the First Time in Months! appeared first on Coin Engineer.

Crypto Market Remains Under Pressure

Major cryptocurrencies showed a weak performance this month. Bitcoin fell over 9%, dropping below the critical $100,000 on-chain support level. Ethereum, Solana, and DOGE also saw double-digit declines. XRP, however, showed more resilience with a smaller pullback. The U.S. Dollar Index lost momentum after hitting resistance above 100 earlier this month. Despite this, the crypto market failed to react positively, indicating cautious investor sentiment toward risk assets.

Liquidity Concerns Weigh on Digital Assets

The market’s fragile structure is further highlighted by rising credit risks affecting digital asset treasuries (DATs). These organizations heavily relied on debt instruments to finance crypto purchases over the past year. Tightening credit markets could make it harder for these firms to refinance obligations. In such a scenario, selling crypto reserves to meet debt payments may trigger a chain reaction of forced liquidations, especially affecting volatile altcoins. Even major assets like Bitcoin face cautious positioning from investors, reflecting overall risk aversion.

Why Gold and Silver Are Climbing

Precious metals gained momentum this month, with gold up nearly 4% and silver rising close to 9%. Investor demand for safe-haven assets is a key driver. Advanced economies show record-high government debt to GDP ratios—over 120% in the U.S., above 220% in Japan, and more than 110% in France and Italy.

Such fiscal pressures heighten concerns about financial stability, boosting gold prices. Historically, gold has led Bitcoin price movements by roughly 80 days, suggesting that when the gold rally stabilizes, a potential buying interest in cryptocurrencies could emerge.

Macro Outlook and Potential Market Impacts

Two key factors will shape the near-term landscape. First, liquidity conditions in credit markets: continued stress could extend crypto sell-offs. Second, the strength of safe-haven demand for gold and silver. Investor behavior is heavily influenced by perceived systemic risk, keeping precious metals in an advantageous position for now. A recovery in Bitcoin and other major cryptocurrencies would require both credit market normalization and renewed risk appetite.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Bitcoin and Altcoins Slide While Gold Gains Momentum appeared first on Coin Engineer.

$20 Billion in Liquidations Shake the Crypto Market

Friday’s massive sell-off led to over $20 billion in leveraged liquidations across centralized exchanges (CEXs) and hundreds of millions in DeFi protocols. Data from CoinGlass highlights how quickly the crash unfolded, forcing many traders out of their positions.

At the time of writing, Bitcoin trades around $111,825, Ether (ETH) at $3,829, and Solana (SOL) near $182.22. Experts note that the market may remain weak until CME Bitcoin and stock futures reopen on Sunday evening (U.S. time), which will likely dictate BTC’s next direction.

The steep decline in open interest also reflects a lack of trader confidence, as investors hesitate to re-enter a volatile market. The futures market opening will be a critical indicator of how TradFi (traditional finance) is positioning for the upcoming week.

Trump’s Tariff Decision Sparks Panic

Trump’s tweet announcing the 100% import tariff on China hit social media just two hours before U.S. markets closed on Friday, triggering a sharp reaction. Both stock and crypto markets saw a wave of panic selling, with low weekend liquidity amplifying price declines across CeFi platforms.

According to Ray Salmond, Head of Markets at Cointelegraph, Bitcoin remains in a vulnerable range:

“Based on Hyblock Capital’s liquidation heatmaps, there’s a liquidity pocket between $120,000 and $113,000. Long positions in that area are exposed and easily exploited.”

This range represents short-term support levels for Bitcoin, while technical indicators suggest that $110,000 acts as a key psychological zone.

When Could the Market Recover?

For Bitcoin to regain momentum, open interest must stabilize and investor confidence must return. The tone of Sunday’s CME futures opening will offer crucial insights into market sentiment heading into the week.

Possible short-term scenarios include:

• 1) A strong CME opening could trigger a relief rally.

• 2) A weak opening might lead to another test below $110,000.

• 3) A neutral opening may keep BTC trading sideways for days.

Meanwhile, analyst EndGame Macro pointed out that the current sell-off is deeply connected to broader macroeconomic stress and global liquidity tightening.

While traders await signals from traditional markets, crypto volatility is likely to remain elevated in the coming days. Investors are closely watching U.S. economic data and Federal Reserve comments for clues on the next move.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Why Are Bitcoin and Altcoins Falling? appeared first on Coin Engineer.

CEO Joseph Chee stated, “It’s encouraging to receive support from Solana ecosystem stakeholders, including staking providers, DeFi protocols, and other investors, for our strategy.” 

Funding and Strategy Details 

Helius Medical’s Solana purchase followed a $1.25 billion funding round announced last week. The round included a $750 million private sale managed by Pantera Capital and Summer Capital, as well as potential PIPE proceeds exceeding $500 million. 

Cosmo Jiang, partner at Pantera Capital and observer on Helius’ board, said: “Making the initial accumulation at a lower cost while preserving most of the raised capital shows the team’s market awareness and commitment to maximizing shareholder value.” 

Helius Medical plans to continue acquiring SOL over a 12–24 month period. Tokens will be deployed in decentralized finance solutions and staking activities. The company holds over $335 million in cash reserves for its digital asset strategy. 

Market Reaction and SOL Price 

Despite Helius Medical’s $167 million Solana purchase, SOL fell more than 6% on Monday, trading at $220. Weekly losses reached 7%. Helius shares closed the day at $20 on Nasdaq, down 14%. 

Pantera Capital founder Dan Morehead previously noted that the firm holds $1.1 billion in SOL, making it the largest position. He also highlighted that Solana has outperformed Bitcoin over the last four years. 

Helius Medical’s Solana Objectives: 

• Strengthen total SOL treasury holdings 
• Deploy tokens in DeFi and staking 
• Monitor the market for strategic investment opportunities 

Helius Medical’s move demonstrates growing confidence in Solana and reflects an increasing trend of healthcare companies entering the digital asset space. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Helius Medical Spends $167M on Solana (SOL) Despite Price Drop appeared first on Coin Engineer.

According to Strategic Solana Reserve data, Forward Industries has accumulated 6.82 million SOL. Meanwhile, Sharps Technology collected 2.14 million SOL. Defi Development Corp and Upexi Inc hold roughly 2 million SOL each. 

In total, about 17 million SOL — valued at around $4.3 billion — has been accumulated. Additionally, Nasdaq-listed Helius Medical Technologies announced a $500 million treasury bond program focused on SOL. This strategy mirrors Michael Saylor’s corporate debt and equity issuance model for Bitcoin. 

Optimism in Options and Derivatives Markets 

Bullish expectations are rising in the SOL options market. The put-call premium ratio ranged between 14% and 57% last week, reflecting higher premiums for call options. 

Moreover, perpetual futures funding rates are around 8%. While leveraged buying remains limited, institutional accumulation lowers SOL’s risk profile, enabling investors to take safer positions. 

ETF Approval and Market Expectations 

The U.S. Securities and Exchange Commission (SEC) has introduced regulations that may accelerate spot crypto ETF approvals, boosting interest in potential Solana ETFs. 

Grayscale received approval to list its $930 million Digital Large Cap Fund, which primarily invests in Bitcoin and Ether but also includes smaller allocations to XRP, SOL, and Cardano. 

Currently, Solana ranks second with $14.6 billion in TVL and a staking yield of 6.8%, surpassing Ether’s 2.9%. In summary, if SEC approval is secured, SOL could reach $300. However, rival altcoin launches and broader market conditions may influence this outcome. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Where Can Solana (SOL) Price Go? Key Drivers of the Rally appeared first on Coin Engineer.

Stablecoins Paving the Way for Financial Innovation in Japan

This strategic partnership aims to assess the potential of blockchain technology in reshaping consumer finance across Japan. The research will cover use cases such as mobile-first payments, on-chain banking infrastructure, and enhanced user experiences tailored for digitally savvy consumers.

Minna Bank’s core audience—tech-oriented individuals aged 15 to 39—makes it an ideal testing ground for innovative solutions. As traditional banking services continue to fall short for this demographic, stablecoin-based models could usher in a new era of accessible finance.

Solana at the Core of Rising Institutional Interest

Stablecoins have now surpassed a total market cap of $250 billion, sparking increased attention from financial institutions aiming to revamp cross-border payments, deposits, and settlements. Fireblocks CEO Michael Shaulov has highlighted that this project could significantly improve the efficiency of value transfer in the digital economy.

While Solana (SOL) has recently faced short-term price volatility, partnerships like this showcase the platform’s strong appeal for enterprise and fintech innovation. The recent debut of the REX-Osprey Solana + Staking ETF, alongside growing investments from firms like DeFi Development Corp., reinforces long-term confidence in the Solana ecosystem.

Broader Implications for the Japanese Banking Sector

This initiative has the potential to extend beyond Minna Bank, signaling a larger transformation across Japan’s financial landscape. Stablecoin-powered solutions and Web3-native payment systems offer faster, cheaper, and more inclusive alternatives to legacy infrastructure.

The collaboration between Minna Bank, Fireblocks, Solana, and TIS represents a meaningful step toward merging traditional finance with blockchain technology. If successful, it could reshape not only Japan’s digital economy but also set a precedent for banks in other regions to follow.

What’s the Latest on Solana (SOL)?

Solana (SOL) is currently trading at $150.17, marking a 1.46% decline over the past 24 hours. This slight pullback aligns with broader market trends. Despite short-term price fluctuations, Solana continues to show strength in its fundamentals, backed by growing institutional partnerships and an expanding ecosystem.

The asset has seen significant gains in recent weeks but is now testing key resistance levels as the market consolidates.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Minna Bank Teams Up with Solana and Fireblocks for Stablecoin Integration in Japan appeared first on Coin Engineer.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Currently, Solana trades around 152$, maintaining a strong upward momentum. All eyes are now on the next key resistance at 161$, a potential breakout point that could push the rally even further.

Key Support Zone at 144$ – 140$ for Pullbacks

Of course, no uptrend is without pauses. If the price faces rejection at 161$, the first strong support zone is between 144$ and 140$. As long as SOL stays above this level, the bullish structure remains intact.

Congrats to everyone who has been tracking this move step by step. Let’s stay tuned and watch if 161$ will be broken soon!

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Solana Price Rally Continues: Is 161$ the Next Target? appeared first on Coin Engineer.

This transaction is part of a pattern in which the launchpad has offloaded 1,573,313 SOL this year alone. On January 2, Onchain Lens reported that the launchpad moved 120,000 SOL, worth approximately $22.88 million, to Kraken. Additionally, last month, another 148,759 SOL, valued at $28.22 million, were transferred. These frequent transactions often place Solana under intense selling pressure.

PumpFun and the PumpSwap Move

In a bid to repair its ecosystem reputation, PumpFun has launched PumpSwap. This new platform is a decentralized exchange (DEX) designed to provide traders and investors with a more direct and efficient way to trade meme coins.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

PumpSwap intends to reduce dependency on centralized exchanges like Kraken and hopes to improve liquidity within the Solana ecosystem.

Solana Price Outlook Amid Growing Consolidation

Despite PumpFun‘s frequent transactions, Solana‘s price has remained relatively stable. After the February 13 transfer of 148,759 SOL, CoinGape reported that SOL price dropped by 1.2% before recovering.

Many analysts have mixed opinions on whether the market will continue consolidating or if Solana will break out soon.
Some stakeholders, such as VanEck, see the coin soaring to $520 in the long term should market conditions be favorable. However, repeated large-scale transfers like those from PumpFun could serve as a headwind for the coin.

As of this publication, CoinMarketCap data shows that SOL price was trading at $143.99, up 1.60% in the last 24 hours.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post PumpFun Transfers Massive Solana! Will a Dip Occur? appeared first on Coin Engineer.

Emails sent to relevant users indicate that the first phase of the repayment process will cover FTX Bahamas creditors under the “convenience class”, which includes claims under $50,000.

FTX Collapse and Repayment Process

FTX filed for bankruptcy in November 2022 following a liquidity crisis, which led to CEO Sam Bankman-Fried misappropriating customer funds to cover multi-billion-dollar losses at Alameda Research, its sister company. This collapse caused significant turmoil in the crypto market, resulting in massive losses for investors.

Now, as part of the bankruptcy process, affected customers will receive approximately 119% of the cash value of their deposits from two years ago.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

However, the repayment plan is based on crypto prices from November 2022. As a result, customers who held Bitcoin (BTC) and Ethereum (ETH) at the time will receive compensation reflecting values of around $20,000 and $1,200, respectively.

Solana Investors Among the Biggest Losers

The FTX collapse has had a particularly harsh impact on Solana (SOL) investors. When FTX filed for bankruptcy, Solana was trading at just $17. Today, Solana is trading above $200, meaning that many investors have missed out on significant gains.

This has caused frustration among customers who lost their crypto holdings, as the FTX repayment plan is based on past prices rather than current market values.

How Will FTX Repayments Affect the Crypto Market?

FTX’s repayment process could have a major impact on the cryptocurrency market. Since most payments will be made in cash, some investors may reinvest these funds back into crypto. This could lead to positive momentum for major cryptocurrencies like Bitcoin, Ethereum, and Solana.

However, if large investors decide to cash out instead of reinvesting, it could create selling pressure in the market.

In the coming days, how FTX creditors choose to use these funds will be one of the key factors shaping the market’s direction!

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post FTX to Repay Creditors! Payment Date and Details Announced appeared first on Coin Engineer.