Author: Defx Intern

Amid extreme market volatility sparked by U.S. trade war fears, Solana (SOL) has showcased remarkable resilience. Despite a sharp 25% drop from its recent highs, SOL bounced back nearly 25% after holding key support levels. Top analyst Jelle’s technical analysis suggests that this may have been a failed breakdown attempt, setting the stage for another push toward new all-time highs if the crucial $205 level holds.

Solana’s ability to recover from deep pullbacks has solidified its position as a market leader. The blockchain’s expanding ecosystem, high-speed transactions, and thriving NFT and DeFi projects have contributed to its strong performance. If SOL reclaims and consolidates above the $220 level, it could signal another leg up. However, a break below $205 might lead to deeper consolidation or a correction toward $180.

Currently trading at $208, SOL faces resistance at the 4-hour 200 moving average around $221. Bulls must push the price above this level and establish it as support to confirm a trend reversal. The $200 mark remains a critical demand zone, and if held, could fuel a recovery toward $221 and beyond. Failure to maintain $200 could intensify selling pressure and lead to a drop toward $190.

As market sentiment remains mixed, investors are closely watching these key levels to determine Solana’s next move. The broader market trend and Bitcoin’s performance will also play a crucial role in SOL’s short-term direction. The coming days will be critical for Solana as it battles to reclaim lost ground and avoid deeper corrections.

Tags: Solana, SOL, Solana Price, Market Volatility, Technical Analysis, Cryptocurrency

Source: NewsBTC

In a groundbreaking revelation, blockchain analytics firm Arkham Intelligence has unmasked an astonishing $108 billion worth of Bitcoin (BTC) tied to the pseudonymous creator Satoshi Nakamoto. By employing cutting-edge forensic tools and the well-known Patoshi Pattern, Arkham traced these immense holdings to the earliest digital vaults associated with Satoshi.

This discovery sheds new light on the sheer magnitude of the dormant Bitcoin fortune amassed by the enigmatic figure behind the world’s first cryptocurrency. With Satoshi’s identity remaining a mystery, the existence of such a vast treasure trove is bound to fuel further speculation and intrigue within the crypto community.

The market implications of this finding are significant. Should even a fraction of these bitcoins move from their dormant state, it could potentially trigger immense volatility in the BTC market. The sheer value of Satoshi’s holdings underscores the importance of monitoring large wallet movements and their potential impact on price action.

Moreover, the revelation serves as a testament to the robustness and transparency of the Bitcoin blockchain. The ability to trace and attribute ownership, even in the case of an anonymous creator, reinforces the inherent strengths of the technology. It also highlights the growing sophistication of blockchain analytics tools in unraveling complex transaction histories.

As the crypto world digests this astonishing news, it remains to be seen how market sentiment and regulatory scrutiny may evolve in response. The existence of such a concentrated wealth in the hands of an unknown entity is likely to spark debates around wealth distribution, decentralization, and the long-term sustainability of the Bitcoin ecosystem.

Tags: Satoshi Nakamoto, Bitcoin, Blockchain Analytics, Crypto Market, Patoshi Pattern

Source: https://news.bitcoin.com/arkham-intelligence-data-unmasks-satoshis-108-billion-bitcoin-vault/

Ethereum (ETH) is currently at a critical juncture, with the $2,700 support level acting as a crucial determinant for the cryptocurrency’s potential to reach new all-time highs. Despite recent market corrections and regulatory tensions, analysts remain optimistic about Ethereum’s future prospects.

According to crypto analyst Ali Martinez, Ethereum must maintain the $2,750 level to establish a foundation for a potential surge to $6,760. Furthermore, if Ethereum forms a head-and-shoulders pattern and stays above $2,700, it could target $7,000, suggesting a possible 150% increase.

The Trump family’s recent support for Ethereum has also added to the optimistic sentiment. World Liberty Financial (WLFI) purchased an additional 1,826 ETH, amounting to approximately $5 million, and Trump’s crypto venture transferred significant amounts of ETH and WBTC to Coinbase Prime.

Institutional investors’ confidence in Ethereum is evident from recent ETF flows, with ETH exchange-traded funds seeing net inflows of $83.6 million, in contrast to the $234.4 million in net outflows from Bitcoin ETFs.

While Ethereum is currently trading at $2,819, down 21% on a monthly basis and 42% from its all-time high, the critical support levels and institutional backing suggest that the cryptocurrency is poised for a potential breakout. As the market awaits further developments, all eyes are on Ethereum to see if it can overcome the current challenges and reach new heights.

Tags: Ethereum, ETH, Ethereum price, Ethereum analysis, crypto market

Source: https://www.newsbtc.com/ethereum-news/ethereum-make-or-break-moment-this-key-level-determines-path-to-reach-7000/

Sol Strategies Inc., a publicly traded Canadian firm focused on the Solana blockchain, has significantly expanded its validator operations and SOL holdings. The company acquired an additional 40,300 SOL worth $9.93 million between January 19-31, 2025, demonstrating its strong commitment to the Solana ecosystem.

This strategic move by Sol Strategies not only strengthens its position as a key player in the Solana network but also signals confidence in the long-term growth potential of SOL. The acquisition of such a substantial amount of SOL is likely to have a positive impact on the token’s market sentiment and could potentially drive increased interest from other institutional investors.

As Sol Strategies continues to expand its validator operations, it contributes to the overall decentralization and security of the Solana network. This, in turn, enhances the stability and reliability of the blockchain, making it more attractive for developers and users alike. The company’s focus on validator growth and SOL accumulation suggests a long-term vision for the Solana ecosystem and its role in the future of decentralized finance (DeFi) and blockchain technology.

The Solana network has been gaining significant traction in recent months, with its high-speed, low-cost transactions attracting a growing number of projects and users. Sol Strategies’ increased investment in the network is a testament to the blockchain’s potential and could further fuel its adoption and growth in the coming years.

Tags: Solana, SOL, Sol Strategies, Validator, Acquisition

Source: https://news.bitcoin.com/sol-strategies-expands-sol-holdings-with-40300-sol-acquisition/

The recent release of DeepSeek-R1, an open-source reasoning model, has sent shockwaves through the AI community. Built using a remarkably low training budget and novel post-training techniques, DeepSeek-R1 matches the performance of top foundation models while challenging conventional wisdom surrounding scaling laws. Unlike most advancements in generative AI, which seem to widen the gap between Web2 and Web3, DeepSeek-R1 presents intriguing opportunities for Web3-AI.

The key innovations behind DeepSeek-R1 lie in its pretraining process, which leverages an intermediate model called R1-Zero, specialized in reasoning tasks and trained using reinforcement learning. R1-Zero played a crucial role in generating synthetic reasoning datasets used to fine-tune the final DeepSeek-R1 model. This approach resulted in a model that matched the reasoning capabilities of GPT-o1 while being built using a simpler and likely significantly cheaper pretraining process.

The release of DeepSeek-R1 highlights several opportunities that align naturally with Web3-AI architectures. These include reinforcement learning fine-tuning networks, synthetic reasoning dataset generation, decentralized inference for small distilled reasoning models, and reasoning data provenance. The post-R1 reasoning era may present the best opportunity yet for Web3 to play a more significant role in the future of AI.

As the AI landscape continues to evolve, it will be fascinating to observe how DeepSeek-R1 and similar innovations shape the development of foundation models and their integration with Web3 technologies. The potential for decentralized networks to contribute to the creation and utilization of AI models opens up new possibilities for collaboration, transparency, and accessibility in the field.

Tags: DeepSeek-R1, Web3-AI, reasoning models, reinforcement learning, decentralized AI

Source: https://www.coindesk.com/opinion/2025/02/04/the-deepseek-r1-effect-and-web3-ai

The recent launch of US President Donald Trump’s official meme coin on the Solana blockchain has sparked both criticism and optimism in the cryptocurrency market. Despite facing a significant backlash and a steep price drop from its all-time high, the TRUMP token has found an unlikely supporter in Ark Investment’s CEO, Cathie Wood.

In an interview with Bloomberg, Wood expressed her belief that the launch of Trump’s meme coin is a positive development for the crypto industry, signaling a paradigm shift and helping to establish the legitimacy of digital assets. She drew parallels between the TRUMP token’s launch and the initial coin offering (ICO) campaigns of 2017, which paved the way for the creation of successful projects like Chainlink, EOS, and Ethereum.

However, the TRUMP token’s lack of clear use cases beyond its association with the current US president has raised concerns among investors. The token’s price has plummeted from its all-time high of $77 to around $17, putting its long-term viability into question. While Wood acknowledged the potential value of the TRUMP token in ushering in a new era for crypto, she maintained that her company, Ark Investment, would not invest in meme coins due to their lack of real-world applications.

Instead, Ark Investment remains focused on top cryptocurrencies like Bitcoin, as well as Solana and Ethereum, which have demonstrated their value in powering decentralized finance (DeFi) projects and smart contracts. These established cryptocurrencies are expected to have numerous use cases in the future, making them more attractive investment options for institutional investors like Ark Investment.

As the crypto market continues to evolve, the launch of high-profile meme coins like the TRUMP token is likely to generate both excitement and skepticism. While some investors may be drawn to the hype surrounding these tokens, others will remain cautious, prioritizing cryptocurrencies with proven track records and clear use cases. The long-term impact of Trump’s meme coin on the crypto market remains to be seen, but it has certainly sparked a conversation about the role of celebrity-endorsed tokens in the industry’s growth and legitimacy.

Tags: Trump meme coin, Cathie Wood, Ark Investment, Solana, crypto market, Bitcoin

Source: https://www.newsbtc.com/news/trump-meme-coin-faces-criticism-but-cathie-wood-sees-a-bold-future/

Dogecoin (DOGE) may be on the verge of another massive rally, according to technical analyst Kevin (@Kev_Capital_TA). He believes the current correction in DOGE’s price closely resembles the pattern that preceded the meme coin’s explosive gains during its previous bull cycle. The recent 40% drop in DOGE’s price, he argues, is strikingly similar to the corrections seen in the last run, suggesting that the stage is set for the next major leg up if Bitcoin (BTC) remains stable.

Kevin’s analysis highlights specific Fibonacci extension levels that could serve as future targets for DOGE if it follows a trajectory similar to its last bull run. He identifies $0.93 as a region of immediate resistance and $3.95 as the ultimate upside objective, which would represent a staggering 1,400% increase from current levels. The emphasis on repeating historical patterns suggests that the recent market turbulence may have concluded DOGE’s second major correction, positioning it for a significant run if macro conditions remain favorable.

While it remains to be seen whether the price action will unfold exactly as Kevin’s chart suggests, the swift bounce from the recent lows has given traders hope that DOGE may indeed be mirroring its last bull run. The coming weeks could prove pivotal, particularly if the coin manages to push above the first major resistance levels. If DOGE can maintain its momentum and Bitcoin remains stable, the meme coin could be poised for a rally that echoes its previous impressive gains.

As always, it’s crucial to approach such predictions with caution and conduct thorough research before making any investment decisions. The cryptocurrency market is known for its volatility, and past performance does not guarantee future results. However, for those who believe in the power of historical patterns and technical analysis, Kevin’s insights provide an intriguing perspective on DOGE’s potential path forward.

Tags: Dogecoin, DOGE, price prediction, technical analysis, crypto market

Source: https://bitcoinist.com/dogecoin-1400-surge-history-repeating/

Amid Ethereum’s identity crisis and internal disputes, a new project called Etherealize aims to bring ETH to Wall Street. Founded by former banker Vivek Raman, Etherealize seeks to position ETH as a serious asset class and bridge the gap between traditional finance and the Ethereum ecosystem.

Raman, who spent a decade trading on Wall Street before discovering crypto, believes his traditional finance background gives him a unique perspective on marketing Ethereum to big banks. He sees layer-2 networks as a key opportunity for Wall Street to make money by building customized ecosystems and tokenizing assets on Ethereum.

The launch of Etherealize comes at a critical time for Ethereum, as rival ecosystems like Solana are capitalizing on the uncertainty and attracting top talent. Raman believes that while the Ethereum Foundation and Vitalik Buterin should focus on research and development, it’s up to institutions like Etherealize to act as a conduit between the Ethereum ecosystem and Wall Street.

With regulatory clarity improving and the expansion of layer-2 technology, Wall Street is starting to smell opportunity in the Ethereum space. Banks like Deutsche Bank and UBS have already expressed interest in launching layer-2 networks. As more institutions follow suit, Etherealize could play a crucial role in driving adoption and unlocking the full potential of Ethereum’s financial ecosystem.

Tags: Ethereum, Wall Street, layer-2 networks, Etherealize, ETH adoption

Source: https://www.coindesk.com/tech/2025/02/03/ethereum-s-new-cheerleader-on-wall-street-a-q-and-a-with-vivek-raman

Crypto analyst Merlijn has labeled the recent Bitcoin price crash to $91,000 as the biggest bear trap of the 2025 bull cycle. The drop, sparked by concerns over trade tariffs, was quickly reversed as Bitcoin reclaimed the crucial $100,000 level.

This bear trap is reminiscent of similar events in the 2017 and 2021 bull runs, suggesting that Bitcoin and other cryptocurrencies are primed for further upside. The recovery above $100,000 has reignited optimism in the market, with altcoins following Bitcoin’s lead.

Technical analysis indicates that a successful daily close and retest of the $101,000 level could pave the way for a rally to $103,000 and beyond. The next major resistance lies around $106,148. Additionally, a continuation pattern highlighted by analyst Titan of Crypto points to a potential move as high as $117,000 in the short term.

The bullish trend remains intact as long as Bitcoin maintains a monthly close above the 38.2% Fibonacci retracement level. With renewed optimism, FOMO, and euphoria still on the horizon, this bull cycle appears far from over.

As the cryptocurrency market digests the implications of the recent bear trap and subsequent recovery, investors and traders should remain vigilant for further volatility. However, the overall sentiment remains positive, with many analysts anticipating significant upside potential in the coming weeks and months.

Tags: Bitcoin price, bull cycle, bear trap, market optimism, technical analysis

Source: https://www.newsbtc.com/news/bitcoin/bitcoin-price-crash-to-91000/

Dogecoin’s recent sharp decline amid a broader crypto market selloff has left many investors concerned. However, crypto analyst ÐOGECAPITAL (@DimaPotts36) suggests that this downturn is part of a larger bullish setup that could propel Dogecoin to new all-time highs between $1.50 and $2.10.

The analyst points to historical price behavior, noting that Dogecoin’s recent crash aligns with previous market cycles. In the past, significant corrections followed by massive rallies have occurred after DOGE reached the 78.6% Fibonacci level. With the meme coin now undergoing a similar retracement, ÐOGECAPITAL believes the conditions are ripe for the next leg of the rally.

Once the pullback is over, the analyst expects Dogecoin to resume its upward trajectory, potentially pushing the price above multi-year resistance levels. Fibonacci extension analysis from the 2022 bear market low suggests that DOGE could reach a peak of at least $1.50, with an upper end target of $2.10 or even $3.94 in the current cycle.

Despite the recent bearish sentiment, ÐOGECAPITAL’s analysis provides a bullish outlook for Dogecoin. For the meme coin to reach these lofty targets, it will need to regain support at $0.31, break above resistance at $0.50, and eventually surpass its current all-time high of $0.73. While the road ahead may be challenging, the potential rewards for Dogecoin investors could be significant if the analyst’s predictions come to fruition.

Tags: Dogecoin, DOGE, crypto market, price prediction, technical analysis

Source: https://bitcoinist.com/dogecoin-rally-to-ath-above-1-5/