Cryptonews

The stock markets opened with a dramatic plunge, as if each index were an actor tumbling into a pit of despair, continuing a multi-session retreat that weighed heavily on growth-oriented sectors. The tech-heavy Nasdaq Composite, like a beleaguered hero, faced the brunt of the storm, setting the stage for its worst three-day performance since the spring of 2025, as investors sought refuge in the arms of safer havens, bidding adieu to high-valuation stocks.

A momentous occasion unfolded today, dear readers, as RippleX, like a proud peacock strutting its feathers, launched the XRP Ledger mainnet Permissioned Domains. The illustrious RippleXDev, a bard of the digital age, announced this splendid feature is now operational! Oh, the jubilation!

Behold, the market, that fickle mistress, has turned her gaze elsewhere, leaving XRP to fend for itself. Yet, amidst the chaos, XRP stands like a stoic hero in a Bulgakov novel, its traders clinging to hope like a man clings to his last ruble in a Moscow winter. Bitcoin and Ethereum, those erstwhile titans, now wallow in bearish despair, their grandeur diminished by the whims of the crowd.

According to the blockchain seers at Lookonchain, our protagonist has parted with precisely 2,961.5 ETH, netting himself a rather tidy sum at an average price of around $2,228 per unit. And guess what? The drama continues to unfold as the selling spree appears far from over.

Now, if you’re wondering what Stacks is (aside from an incredibly mundane name for something that sounds oh-so-exciting), it’s a Bitcoin Layer 2 platform that has announced its strategy to integrate with Fireblocks. This magnificent collaboration aims to break the historical chains that have kept institutional investors at bay like a cat avoiding a bath, providing them enterprise-grade infrastructure so they can finally participate in the world of DeFi.

The stablecoin landscape now feels like a town where the rules were written yesterday and the ink still smells of opportunity.

The 4-hour chart, a tapestry of woe, revealeth the swift descent of $BTC once it broke free from its bearish flag. In but a week, the price hath tumbled 20%, a loss of $18,000! Alas, the falling wedge trendlines, like weary sentinels, stretch forth, offering feeble resistance. The upper trendline, nigh unto the current price, doth join forces with the horizontal support line. Yet, with such dire momentum, can aught halt this downward march?

A new development highlights expanding decentralized finance ( DeFi) options for XRP holders. Flare, a layer-1 blockchain focused on data interoperability, launched modular lending for XRP through an integration with Morpho and Mystic on Feb. 3, introducing permissionless lending markets designed for XRPFi.

With Vitalik cutting ETH and accumulation cooling, that $1,800 zone is suddenly the most dramatic plot twist in the near-term thriller called “Crypto Market.”

Mysten Labs, in its infinite wisdom, proclaims the birth of Tidehunter upon the Sui network, heralding an epoch of gasless and stable transfers. What a noble endeavor, indeed!