In a missive that sent ripples through the cryptosphere, the venerable Buterin declared that two specters haunt the rollup-centric roadmap: the sluggish march toward trustless rollups and Ethereum’s own L1 scaling, which gallops forward with fees as low as a serf’s wages and gas limits that would make a sultan blush. Ethereum, it seems, has outgrown its swaddling clothes.
The number of outstanding contracts are down for most cryptocurrencies, including XRP, according to data from CoinGlass. XRP’s open interest has dropped 3.93% in the last 24 hours to $2.66 billion.
Meanwhile, Ethereum is eyeing a possible 24.5% rally this February, despite starting the month down almost 8%. It’s like watching a turtle try to outrun a hare, but lo and behold, sometimes the tortoise wins the race! And speaking of races, Cardano (ADA) has made quite the comeback, leaping back into the CoinMarketCap top 10 and tossing both Hyperliquid (HYPE) and Bitcoin Cash (BCH) out on their ears after a brief tussle.
Now, bottom-fishing sounds glamorous, doesn’t it? But let me tell you, it’s as delightful as trying to catch a slippery eel! If you’re up for the challenge, this trusty on-chain metric could be your guiding light in the stormy seas of the bitcoin bear market.
In a move that surprised absolutely no one, MicroStrategy co-founder Michael Saylor took to social media to remind us all that Bitcoin’s volatility is not a flaw, but a feature. “Volatility is Satoshi’s gift to the faithful,” he quipped, because apparently, the faithful need a good shaking every now and then to prove their devotion.
But fear not, dear reader, for the ever-sage Tom Lee-crypto’s resident soothsayer-has chimed in via his trusty X posts to assure us this is all “by design.” Apparently, what looks like financial Armageddon to us mere mortals is just another Tuesday for the “smart money” crowd, who seem to be playing 4D chess while the rest of us are still trying to figure out how the bishop moves.
Hougan claims the “downturn” began in January 2025, which is either a time-travel paradox or he’s just really bad at math. He compares the current crypto winter to “Leonardo DiCaprio in The Revenant”-except Leo’s survival skills are better than your HODL strategy. Excessive leverage? More like excessive lemonade, right?
OG, powered by Crypto.com | Derivatives North America (CDNA), announced its U.S. launch on February 3, 2026. Now you can gamble on sports events and other stuff that’s already happened-but with more fees! Why watch the game when you can second-guess it for a cut of the house’s profits?
In his latest Substack musings, Burry warns of a potential Bitcoin tumble that could send shockwaves through the markets, triggering a whopping $1 billion sell-off in traditional safe havens like gold and silver. His theory, you see, is that Bitcoin’s volatility has become so entwined with global finance that a ‘crypto-crash’ would force the chaps in pinstripes to deleverage across the board. Rather a spot of bother, what?
Their grand design? To turn glistening rocks into digital confetti, where ownership is as secure as a bank vault with a side of blockchain. Ctrl Alt, the wizard in this tale, conjures up tokens from physical diamonds, while Ripple’s custody tech guards the treasure like a dragon with a PhD in cryptography. It’s a world where transparency isn’t just a buzzword-it’s a requirement, or so they claim.