Here’s why PI could continue to chart big losses in the next few days.

The overall market-wide correction that took place in the past 12 hours or so has not been kind to many altcoins, but there’s one that stands out as perhaps the biggest victim of the brutal state of the industry.

Pi Network’s native token, which traded close to $3 less than a year ago, has been on a massive free-fall ride since then. The latest price crash from minutes ago meant a fresh all-time low of $0.132, according to data from CoinGecko. In fact, the chart below demonstrates a clear and painful pattern, showing a 95.6% decline in less than a year.

While this calamity is already bad enough, on-chain data suggests that it might not be the end of PI’s struggles.

PiScan is a website dedicated to increasing the project’s transparency, especially when it comes to the daily (and monthly) schedules for token unlocks. After all, a significant portion of PI has been locked, and investors are gradually receiving access to their holdings.

However, the next few days could intensify the selling pressure because the schedule does not show a “gradual” token unlock. On average, the number of coins to be released in the next month stands at just over 8.5 million, which is already a lot higher than the 4-5 million seen just a couple of months ago.

However, these numbers are significantly higher for February 12, 13, and 14. More precisely, 16.9 million tokens will be released on February 14, while the number for tomorrow will be 18.9 million. February 13, which, coincidentally (or not), is Friday the 13th, will be the record day, with 23.6 million PI unlocked.

It’s worth noting that once these tokens are released, they will be free for trading. Although this doesn’t guarantee they will be sold off immediately, it certainly raises such concerns given the overall market state, rising FUD, and the latest criticism of Pi Network and its team.

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STON.fi, one of the leading AMM protocols on The Open Network (TON), announced that TON-native representations of Bitcoin (BTC) and Ethereum (ETH) are now available within the ecosystem in a fully non-custodial DeFi format.

The integration gives TON users direct access to the two largest crypto assets, including the ability to swap them and provide liquidity, while maintaining full control over their funds.

BTC and ETH are represented on TON as wrapped assets issued in TON-native format, each fully backed 1:1 by the underlying tokens and managed through smart contracts. Ethereum is available as wrapped ETH (WETH), while Bitcoin is accessible via cbBTC, a Bitcoin-backed token issued by Coinbase and fully collateralized with BTC on a one-to-one basis. This structure allows both assets to be used across decentralized applications within TON ecosystem without interacting directly with their native blockchains.

Through STON.fi, users can deploy WETH and cbBTC across TON DeFi, including swapping and providing liquidity via WETH/USDt and cbBTC/USDt pools. At the same time, Omniston, STON.fi’s liquidity aggregation protocol, enables swaps to WETH and cbBTC from any TON-native token, routing liquidity across the ecosystem. Applications integrated with Omniston instantly gain access to WETH and cbBTC liquidity, enabling swaps across hundreds of TON-based dApps without additional integrations and expanding the range of available DeFi strategies within the ecosystem.

“Bringing BTC and ETH into TON DeFi is about expanding real utility, not just asset coverage,” said Slavik Baranov, CEO of STON.fi Dev. “This launch enables users to actively use Bitcoin and Ethereum inside TON ecosystem rather than holding them passively. By making these assets usable in TON-native DeFi, we’re strengthening the overall depth of the ecosystem.”

As TON continues to develop as a blockchain closely integrated with Telegram — a messenger used daily by hundreds of millions of people — access to major crypto assets directly within Telegram-native and TON-based applications has become a natural part of the ecosystem’s evolution. Bitcoin and Ethereum sit at the core of the global crypto economy, and their availability on TON allows users to access these assets directly within the apps they already use, without leaving the ecosystem, through decentralized and permissionless infrastructure.

To learn more about how WETH and cbBTC integration works on STON.fi, users can visit: https://ston.fi/eth-ton and https://ston.fi/btc-ton.   

About STON.fi

STON.fi is one of the leading non-custodial swap dApps and a suite of swap-enabling protocols within The Open Network (TON) ecosystem, known for its deep liquidity, wide token coverage, and dominance in total value locked (TVL) and trading volume. With over $6.8 billion in total trading volume and more than 31 million operations, STON.fi dominates TON DeFi ecosystem in token coverage, liquidity depth, and active user participation. Backed by top investors such as CoinFund, Delphi Ventures, The Open Platform, Karatage, TON Ventures, and others, STON.fi continues to advance decentralized finance through open development and innovations such as Omniston — a decentralized liquidity aggregation protocol.

Arkham Exchange, the cryptocurrency trading platform built by data analytics company Arkham Intelligence, is closing down, according to a person familiar with the matter.

Arkham, whose backers include OpenAI CEO Sam Altman, did not respond to requests for comment.

The company, which was founded in 2020 and now boasts over 3 million registered users, floated the idea of adding a crypto derivatives exchange back in October 2024. The plan was to compete with giants such as Binance for retail investors.

By early 2025, Arkham Exchange had added spot crypto trading in a number of U.S. states. But volumes appear to have been a challenge, despite the firm adding a mobile trading app in December.

Binance, the largest crypto exchange by volume, had almost $9 billion of daily trading, according to CoinGecko data. Coinbase (COIN), the No. 2, had $2 billion. Akrham recorded just under $620,000 in the past 24 hours.

In addition to Altman, Arkham’s backers include Draper Associates, Binance Labs and Bedrock.

Arkham hosts its own native crypto token, ARKM, which was trading at close to $0.12 at the time of writing.

Robinhood’s Q4 2025 earnings report triggered a sharp market reaction, with the company’s stock falling roughly 8% after revenue came in below expectations.

Yet the most striking takeaway from the call was not the drop in crypto trading revenue, but the growing prominence of prediction markets and automation as pillars of the platform’s future strategy.

Robinhood Earnings Show Prediction Markets Overtaking Crypto as Key Growth Driver

Nearly one-third of analyst questions during the earnings call focused on prediction markets, reflecting how quickly the sector is moving from experimental feature to potential core business line.

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“30% of $HOOD Q&A (6 of 20 questions) concerned prediction markets, by far the #1 topic,” stated Matthew Sigel, Head of Digital Assets Research at VanEck.

According to Sigel, the attention reflects fast-paced growth across the industry, with volumes now above $10 billion per month (approximately $300–400 million per day), roughly comparable to the average daily US sports betting handle.

Revenue Miss and Crypto Slowdown

Robinhood reported Q4 net revenue of $1.28 billion, below expectations of about $1.35 billion. Transaction-based revenue and crypto trading also missed forecasts, with crypto revenue coming in at approximately $221 million versus expectations closer to $248 million.

Analysts see the market reaction as largely tied to high expectations and slowing growth in key metrics rather than structural weakness in the business.

Christian Bolu, senior analyst at Autonomous Research, described the results as disappointing on the surface but constructive in outlook.

“I would say look at an expensive stock, and you know a topline miss is not helpful at all,” Bolu said, noting that some key metrics, including deposit growth, also slowed.

However, he emphasized that the longer-term outlook remains positive:

“The commentary from the management team is pretty constructive in terms of the pipeline for 2026 in terms of new business growth, and actually, transaction volumes have been very strong in January as well. So, the outlook here is actually pretty decent.”

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Prediction Markets Move to Center Stage

While crypto remains an important segment, analysts increasingly see prediction markets and event contracts becoming a larger share of the business over time.

“Over time, we think things like event contracts and prediction markets will be a bigger part of the business than crypto,” Bolu added in the interview with Yahoo Finance.

The opportunity is substantial. Despite rising competition from platforms like Kalshi and Polymarket, Robinhood’s distribution advantage could prove decisive.

“The good thing about Robinhood is their value prop from a business perspective is the distribution,” Bolu said. “There aren’t many folks that can distribute or have the distribution that they do.”

Regulation Remains the Key Constraint

Even as interest grows, regulatory uncertainty remains the biggest barrier to expansion. Sigel highlighted that the issue was directly addressed during the earnings call.

“Binary yes/no contracts … can fit under CFTC event contract authority… But contracts with continuous or formula-based payouts tied to a single issuer’s financial performance could be treated as SEC ‘security-based swaps’ under Dodd-Frank.”

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However, the Van Eck executive acknowledged that the lack of clarity is slowing progress:

“There’s no formal framework clarifying that boundary yet, which is why management referenced needing ‘regulatory relief.’”

AI Automation Quietly Reshaping the Business

Beyond new trading products, Robinhood is also transforming its internal operations through automation and artificial intelligence. Against this backdrop, Sigel shared one of the most striking disclosures from the call:

“AI support is really cranking. Now over 75% of our cases are solved by AI, including the complex cases that previously required licensed brokerage professionals,” he shared.

The company is also automating its engineering workflow, optimizing the entire engineering pipeline from code writing through code review to deployment and testing.

Reportedly, this is already turning into real savings and efficiency gains, estimated at over $100 million in 2025 alone.

These cost reductions could help offset cyclical revenue swings in areas like crypto and options trading.

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A More Diversified Robinhood

Analysts say Robinhood today looks very different from the trading app that rose to prominence during earlier crypto and meme-stock cycles.

Bolu described the company as “a much more mature company a much more diversified company,” pointing to:

• Growing net interest income
• Retirement accounts
• Banking products, and
• Credit cards as additional revenue streams.

This diversification is one reason many analysts remain bullish despite short-term volatility. More than 80% of analysts still rate the stock a buy, according to market commentary following the results.

Robinhood’s latest earnings reinforced a key shift: crypto may no longer be the dominant narrative driving the platform.

Instead, the next phase of growth appears to be forming around prediction markets, options trading, subscriptions, and AI-driven efficiency. These segments could reduce reliance on highly cyclical crypto trading volumes.

If those trends continue, the earnings call may ultimately be remembered less for a revenue miss and more for revealing where the platform is heading next.

HONG KONG — Thomas Lee, chief investment officer of Fundstrat and chairman of ether treasury firm BitMine Immersion (BMNR), said that investors should focus less on timing the exact low and start looking for entries in a keynote speech at Consensus Hong Kong 2026 on Wednesday.

“You should be thinking about opportunities here instead of selling,” Lee said.

BTC has suffered a 50% drawdown from its October record highs, its worst correction since 2022.

On Wednesday, bitcoin fell back below $67,000, giving up some of the bounce from last week’s crash lows. After managing a rapid reversal above $72,000 from $60,000 over the weekend, BTC was down 2.8% over the past 24 hours. Ethereum’s ether ETH$1,948.79, meanwhile, slipped to $1,950, also around 3% lower.

‘Perfected bottom’

Lee attributed the recent weakness in crypto prices to the volatility in metals, which rippled across asset classes. Late January, gold’s market capitalization fluctuated by trillions of dollars in a single day, triggering margin calls and weighing on risk assets.

After bitcoin severely underperformed gold in 2025, he argued that the yellow metal likely has topped for this year and bitcoin is poised to outperform through 2026.

On ether ETH$1,948.79, Lee said repeated 50% drawdowns since 2018 have often been followed by sharp rebounds.

Citing market technician Tom DeMark, he said ETH may need to briefly dip below $1,800 to form a “perfected bottom” before a more sustained recovery.

Read more: SkyBridge’s Scaramucci is buying the bitcoin dip, calls Trump a crypto President

In its latest Market Byte research note, Grayscale Investments highlights a meaningful shift in Bitcoin’s price behavior. Recent BTC trading patterns resemble growth assets more closely than safe-haven commodities like gold, challenging the long-standing “digital gold” narrative.

According to the report’s key takeaways, Bitcoin’s (BTC) sharp move lower in early February — where the price dipped to around $60,000 on February 5 before a modest bounce — was driven by correlation with broader risk assets rather than traditional store-of-value flows.

Grayscale’s research shows Bitcoin’s price movements have tracked high-growth software stocks closely, especially since early 2024, with both falling in sync during recent sell-offs.

This behavior ushows Bitcoin’s sensitivity to market sentiment and cyclical risk appetite, similar to technology or growth equity performance during sell-offs.

What this means for Bitcoin traders

For traders, this means treating BTC more like a beta-driven risk asset in the near term. Rather than acting as a hedge during turbulent markets, Bitcoin has recently declined alongside broader speculative assets and failed to demonstrate the safe-haven characteristics typically associated with gold.

This shift has practical implications for portfolio construction and risk management. Traditional strategies that lean on Bitcoin as a hedge against macro uncertainty or inflation may be less effective when BTC behaves in sync with growth asset risk cycles.

Grayscale stresses that Bitcoin has not yet achieved gold-like status as a monetary asset, and that gap is central to the investment thesis.

However, in a future economy shaped by AI agents, humanoid robots, and tokenized capital markets, the firm argues a digital, blockchain-based commodity like Bitcoin is better suited to become the dominant store of value than physical assets such as gold or silver.

Grayscale adds that if Bitcoin succeeds in this role over the long term, its return profile could eventually shift. Price behavior may begin to resemble gold rather than growth stocks, marked by lower volatility, weaker equity correlations, and more stable — though lower — expected returns.

Goldman Sachs has renewed institutional focus on XRP after disclosing a $153 million investment in XRP ETFs, alongside major allocations to Bitcoin, Ethereum, and Solana.

Goldman Sachs’ XRP exposure draws attention

The disclosure, highlighted by journalist Eleanor Terrett, places the Ripple token (XRP) among a select group of digital assets held at scale by one of Wall Street’s most influential banks.

The timing of the revelation is notable. Goldman has representation at a White House meeting centered on stablecoin yield policy, underscoring its role in shaping regulatory discussions.

CEO David Solomon is also scheduled to speak at the World Liberty Financial forum next week, reinforcing the firm’s growing public engagement with digital asset markets.

While ETF exposure does not directly translate into spot demand, the move adds credibility to XRP’s institutional narrative at a time when regulatory clarity remains a key market catalyst.

XRP price analysis and near-term outlook

XRP is currently trading near $1.37, reflecting continued consolidation after a sharp sell-off earlier this month.

TradingView data shows the token struggling to reclaim key short-term moving averages, indicating that bullish momentum remains fragile. The Relative Strength Index is still positioned below the neutral 50 level, signaling muted buying pressure and cautious trader sentiment.

Price action suggests that the $1.30–$1.32 region is acting as a critical support zone. A breakdown below this area could open the door to a deeper retracement toward $1.20, where buyers may attempt to re-enter.

On the upside, XRP would need a sustained move above $1.45–$1.50 to confirm a shift in market structure and pave the way for a recovery toward the $1.60–$1.65 range.

Until a clear breakout or breakdown occurs, XRP is likely to remain range-bound, with volatility driven by external catalysts.

Meanwhile, Bitcoin (BTC) seems to be consolidating following a volatile start to the year. The lack of a decisive move in Bitcoin has capped upside momentum across altcoins, keeping XRP’s recovery attempts limited.

A North Korea–nexus threat actor is enhancing its social engineering playbook. The group is integrating AI-enabled lures into crypto-focused hacks, according to a new report from Google’s Mandiant team.

The operation reflects a continued evolution in state-linked cyber activity targeting the digital asset sector, which saw a notable increase in 2025.

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Fake Zoom Call Triggers Malware Attack on Crypto Firm 

In its latest report, Mandiant detailed its investigation into an intrusion targeting a FinTech company in the cryptocurrency sector. The attack was attributed to UNC1069. It is a financially motivated threat group active since at least 2018, with links to North Korea.

“Mandiant has observed this threat actor evolve its tactics, techniques, and procedures (TTPs), tooling, and targeting. Since at least 2023, the group has shifted from spear-phishing techniques and traditional finance (TradFi) targeting towards the Web3 industry, such as centralized exchanges (CEX), software developers at financial institutions, high-technology companies, and individuals at venture capital funds,” the report read.

According to investigators, the intrusion began with a compromised Telegram account belonging to a crypto industry executive. The attackers used the hijacked profile to contact the victim. They gradually built trust before sending a Calendly invitation for a video meeting.

The meeting link directed the target to a fake Zoom domain hosted on infrastructure controlled by the threat actors. During the call, the victim reported seeing what appeared to be a deepfake video of a CEO from another cryptocurrency company. 

“While Mandiant was unable to recover forensic evidence to independently verify the use of AI models in this specific instance, the reported ruse is similar to a previously publicly reported incident with similar characteristics, where deepfakes were also allegedly used,” the report added.

The attackers created the impression of audio problems in the meeting to justify the next step. They instructed the victim to run troubleshooting commands on their device.

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Those commands, tailored for both macOS and Windows systems, secretly initiated the infection chain. This led to the deployment of multiple malware components.

Mandiant identified seven distinct malware families deployed during the intrusion. The tools were designed to steal Keychain credentials, extract browser cookies and login data, access Telegram session information, and collect other sensitive files. 

Investigators assessed that the objective was twofold: to enable potential cryptocurrency theft and harvest data that could support future social engineering attacks.

The investigation revealed an unusually large volume of tooling dropped onto a single host. This suggested a highly targeted effort to harvest as much data as possible from the compromised individual.

The incident is part of a broader pattern rather than a standalone case. In December 2025, BeInCrypto reported that North Korean-linked actors siphoned more than $300 million by posing as trusted industry figures during fraudulent Zoom and Microsoft Teams meetings.

The scale of activity throughout the year was even more striking. In total, North Korean threat groups were responsible for $2.02 billion in stolen digital assets in 2025, a 51% increase from the previous year.

Chainalysis also revealed that scam clusters tied on-chain to AI service providers show significantly higher operational efficiency than those without such links. According to the firm, this trend suggests a future in which AI becomes a standard component of most scam operations.

With AI tools growing more accessible and advanced, creating convincing deepfakes is easier than ever. The coming time will test whether the crypto sector can adapt its security fast enough to confront these advanced threats.

ZRO has entered the top 100 alts after a massive surge, while most other altcoins have plunged hard yet again.

After several consecutive days of trading sideways between $68,000 and $72,000, bitcoin’s floor gave in hours ago and the asset dipped below $67,000 for the first time since Friday.

Most altcoins have joined the ride south, with ETH dumping beneath $2,000, XRP trading below $1.40, and BNB struggling to remain above $600.

BTC Slips Below $67K

It’s safe to say that the past couple of weeks have been highly unfavorable for the crypto bulls. On January 28, exactly two weeks ago, bitcoin stood tall at $90,000. However, it charted a notable price correction since then that lasted days and culminated, at least for now, last Friday.

At the time, the cryptocurrency plunged by approximately $17,000 in just over 24 hours and dumped to $60,000 on Friday morning. This became its lowest price point since before the US presidential elections in November 2024. The bulls were quick to intervene at this point and helped BTC rebound to $72,000 on that same day.

The weekend was calmer, with bitcoin trading sideways between $68,000 and $72,000. It tried to take down the upper boundary but failed on Monday and Tuesday and the subsequent rejection drove it south to under $67,000 where it currently struggles as well.

Its market capitalization has declined to $1.340 trillion on CG, while its dominance over the alts has dropped below 57%.

Alts Back in Red

Most alts have suffered even more over the past day. Ethereum has lost the $2,000 support after a 3.2% decline. A 4.1% drop from XRP has driven it to well below $1.40, while BNB is down to $600 after a 5% decrease.

SOL, ADA, HYPE, DOGE, LINK, LTC, and many other larger-cap alts are also in the red, while XMR has defied the trend today with a 3% increase to over $340.

Pi Network’s native token has charted another all-time low, while MYX is down by over 12%. BGB is next in terms of daily losses with a 9% drop. In contrast, ZRO has entered the top 100 alts after skyrocketing by 20%.

The total crypto market cap has shed over $50 billion daily and is down to $2.350 trillion on CG.

The timeframe might be shorter than you expect.

The cryptocurrency market is bleeding out once again, led by bitcoin’s decline to under $67,000 for the first time since last Friday’s calamity.

However, one analyst believes there’s finally good news for BTC and XRP, and he even provided a more precise timing for the potential rebound.

The primary cryptocurrency has been in a free-fall state for weeks. It stood over $90,000 on January 28, but dumped by $30,000 since then to bottom out, at least for now, at $60,000 last Friday.

It tried to recover some ground since then and tapped $72,000 on a couple of occasions, but was stopped yesterday again and driven to under $67,000 as of press time.

Approximately at the time when the latest correction took place, popular analyst Ali Martinez said on X that the early TD Sequential buy signal had flashed for BTC. Moreover, he was precise with the timing of the potential rebound, claiming that it could be in the next 3-9 days.

Early TD Sequential buy signal on Bitcoin $BTC, suggesting a potential rebound could take shape over the next 3–9 days. pic.twitter.com/E1poXoOcNI

— Ali Charts (@alicharts) February 10, 2026

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The metric, developed by Tom DeMark, identifies potential market reversal points, usually after a strong move in either direction. Martinez has frequently posted about the TD Sequential for several cryptocurrencies, and the indicator’s success rate has been rather impressive, especially for Ripple’s XRP.

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Before the latest drop, the cross-border token also flashed a buy signal. Although it has since retraced by 3-4%, Martinez reminded that the TD Sequential has “perfectly timed” the local top for XRP in the past, and could signal a rapid rebound now.

The TD Sequential perfectly timed the local top on $XRP, and now it’s flashing a buy signal. pic.twitter.com/5FI3Pepsnz

— Ali Charts (@alicharts) February 10, 2026