Metaplanet stock edged up just about 3% on the daily chart following the earnings release, but the broader trend remains under pressure. Despite the short-term bounce, the stock is still down roughly 37% over the past month, highlighting investor concerns over the company’s aggressive Bitcoin accumulation strategy and volatile earnings profile.

The Tokyo-listed Metaplanet’s stock dropped from around ¥540–¥550 levels to approximately ¥338, according to the latest monthly chart data. The sharp decline reflects market reaction to the company’s latest fiscal year results and the risks tied to its sizable Bitcoin exposure.

Metaplanet stock reacts to FY results amid Bitcoin volatility risk

In its latest full-year results, Metaplanet reported a dramatic surge in revenue, driven largely by its Bitcoin (BTC) focused operations.

For the year ending December 31, 2025, the company recorded ¥8.905 billion (about $58 million) in revenue, a 738% increase year-over-year, and reported an operating profit of ¥6.287 billion (around $41 million), up nearly 1,700% from the prior year.

Despite the strong operational performance, Metaplanet posted a net loss of roughly ¥95 billion (about $619 million), largely due to a non-cash valuation loss of approximately ¥102.2 billion (about $660 million) on its Bitcoin holdings as prices declined during the reporting period.

As accounting rules require digital asset holdings to reflect market value changes, swings in BTC prices can heavily distort bottom-line results.

Bitcoin-heavy strategy amplifies volatility

Metaplanet has rapidly scaled its crypto treasury, ending 2025 with 35,102 Bitcoin, up from just 1,762 BTC the year before, a roughly 1,892% increase, making it one of the largest corporate holders globally and the largest in Japan.

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That Bitcoin stack now represents a core part of its balance sheet and revenue model, with much of its income tied to Bitcoin-related trading and yield activities.

However, the sharp correction in Bitcoin prices over recent months has turned what once were unrealized gains into deep paper losses, eroding investor confidence and weighing on the share price.

Metaplanet’s approach effectively makes the stock a leveraged play on Bitcoin itself, which has heightened market sensitivity as the crypto asset swings.

For traders and shareholders, the near-38% monthly drop underscores the risk of coupling equity valuation tightly to a volatile crypto asset, even when underlying operations are growing. Until Bitcoin stabilizes, Metaplanet’s share performance will likely continue to track broader crypto market sentiment.

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Monero price confirmed a bullish reversal pattern as dip buyers capitalized on a recent drop. XMR now eyes a potential rally to as high as $420 over the coming weeks, as demand for privacy solutions is on the rise.

According to data from crypto.news, Monero (XMR) price rose nearly 9% to an intraday high of $344 on Tuesday, Feb. 17, while its market cap moved back above $6.3 billion.

Dip buyers took an interest in the token after it fell to a yearly low of $284 earlier this month. While it has retraced some of the losses, XMR still lies 57% below its yearly high of $788.50.

Now, on the daily chart, Monero price has confirmed a breakout from a falling wedge pattern, one of the most popular bullish reversal patterns formed by two converging and descending lines. Historically, a breakout from such patterns has been followed by days of consistent uptrend before losing momentum.

The technical breakout gains strength from a bullish MACD crossover and an RSI that is trending close to oversold levels.

Hence, the next key resistance level for Monero lies at $381, the 200-day EMA, which would serve as the final hurdle to validate a long-term trend reversal.

Breaking above this level could offer bulls the support needed to test the psychological resistance level at $420.  XMR price breakouts have stalled around this area in past market cycles.

There are multiple catalysts that are driving the Monero rebound today and could continue to act as a tailwind in the days ahead.

First, investors seem to be rotating capital from other privacy-centric tokens such as Zcash (ZEC) and Dash (DASH) as they rebalance their portfolios. Zcash, for instance, has lost much of its investor appeal after its core development team resigned last month.

Second, Monero is also benefiting from a renewed demand for privacy tokens, especially as regulators across the globe are tightening oversight. New reporting standards across many jurisdictions now require platforms to share user identities and transaction histories with authorities, which has sparked concerns over the sector’s privacy ethos. 

At the same time, recent reports suggest XMR has become a popular means of payment across darknet marketplaces, where large-scale transactions are creating an additional source of demand. 

Hyperliquid price has remained in a downtrend over the past two weeks, dropping nearly 20% since its yearly high as network revenues have slumped. Will the token crash now that it has confirmed a bearish crossover?

According to data from crypto.news, Hyperliquid (HYPE) price fell 25% to a monthly low of $28.5 on Wednesday last week after it hit a yearly high of $37.8. It has since managed to retrace some of its losses, exchanging hands at $30.2 when writing.

Hyperliquid price has been in a downtrend due to lingering bearish sentiment in the crypto market after Bitcoin (BTC), the bellwether crypto asset, fell through multiple key psychological resistance levels one after the other, dampening investor appetite for other major cryptocurrencies.

The token’s price has fallen amid weakness in key fundamental metrics. Data from DeFiLlama shows that the weekly revenue generated by the network has dropped 55% to $11.8 million last week, while the total value locked in the platform has dropped from its yearly high of $4.7 billion to $4.24 billion.

A drop in TVL and revenue generated on the network suggests that trading activity on the exchange is cooling off. Specifically, a drop in revenue generated by the platform also lowers the total amount of capital the platform gets to buy back and burn tokens from the market. This reduction in deflationary pressure makes it harder for the price to recover while sell-side pressure remains high.

The short-term outlook for Hyperliquid price also appears to be bearish when looking at its daily chart. Notably, the MACD lines have confirmed a bearish crossover with growing red histograms signaling that selling pressure seems to overwhelm buyers.

HYPE’s daily RSI has also entered into a descending channel formation and was close to dropping below the neutral threshold. Furthermore, HYPE price was drawing closer towards the 38.2% Fibonacci retracement level at $28.4, drawn from last year’s April low to September high.

A break below this key psychological level risks a move toward $21.10. Between the bearish technical crossover and underwhelming weekly revenue, the token is trending toward the target nearly 20% lower than current prices.

On the contrary, if HYPE manages to bottom and rebound from $28.4, it could retrace back toward its yearly high of $37.8. This would likely require a broader recovery in the crypto market as well, alongside a resurgence in trading volumes on the Hyperliquid platform to drive the necessary demand.

Decentralized lending protocol ZeroLend says it is shutting down completely after the blockchains it operates on have suffered from low user numbers and liquidity.

“After three years of building and operating the protocol, we have made the difficult decision to wind down operations,” ZeroLend’s founder, known only as “Ryker,” said in a post the protocol shared to X on Monday.

“Despite the team’s continued efforts, it has become clear that the protocol is no longer sustainable in its current form,” he added.

ZeroLend focused its services on Ethereum layer-2 blockchains, once touted by Ethereum co-founder Vitalik Buterin as a central part of the network’s plan to scale and remain competitive.

However, Buterin said earlier this month that his vision for scaling with layer 2s “no longer makes sense,” that many have failed to properly adopt Ethereum’s security, and that scaling should increasingly come from the mainnet and native rollups.

ZeroLend operated at loss due to illiquid chains, says Ryker

ZeroLend’s Ryker said the reason for the shutdown is that several blockchains the protocol supported “have become inactive or significantly less liquid.”

He added that in some cases, oracle providers — services that fetch data and are often crucial to running protocols — have stopped support on some networks, making it “increasingly difficult to operate markets reliably or generate sustainable revenue.”

“At the same time, as the protocol grew, it attracted greater attention from malicious actors, including hackers and scammers,” Ryker said. “Combined with the inherently thin margins and high risk profile of lending protocols, this resulted in prolonged periods where the protocol operated at a loss.”

He added that the protocol will ensure users can withdraw their assets, adding, “We strongly encourage all users to withdraw any remaining funds from the platform.”

Ryker said some user funds may be locked on blockchains that have seen “significantly deteriorated” liquidity, and ZeroLend will upgrade the protocol’s smart contracts with the aim of redistributing stuck assets.

Related: TradFi giant Apollo enters crypto lending arena via Morpho deal

He added that ZeroLend has also been working to trace and recover funds tied to an exploit in February last year, where protocol users of a Bitcoin (BTC) product on the Base blockchain were exploited after an attacker drained lending pools.