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Deribit Leaves Russia Under New EU Sanctions

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Crypto exchange Deribit is banning Russian nationals and residents due to new EU sanctions. Although the exchange is based in Dubai, its Dutch parent company requires compliance with EU economic restrictions.

Russians make up the second-largest demographic on the exchange, but several competitors are more popular within the country. These sanctions may actually harm Deribit more than Russia’s crypto community.

Deribit To Exit Russia

According to TASS, the crypto derivatives exchange Deribit is completely withdrawing from Russia. This is due to new EU sanctions placed on Russia, but this also leaves a few exceptions.

For example, if a Russian-born person has citizenship or a permanent residence within the European Economic Area, they can continue. All Russian firms, however, are banned.

“Due to EU sanctions against Russia, Deribit is no longer able to accept Russian nationals and Russian residents as its clients, unless an exception applies. Since Deribit’s parent company is Dutch, these EU sanctions are relevant to us,” Deribit claimed in a statement.

Sanctions have become a defining part of Russia’s cryptocurrency ecosystem. Digital assets have seen wide adoption in Russia due to their ability to bypass sanctions, and government officials even espoused this practice at last year’s BRICS Summit.

However, the US Treasury is aware of the practice and keeps piling sanctions on the industry. Deribit continued to operate in Russia despite US sanctions, but new ones from the EU changed the equation.

Over the years, the exchange has faced significant regulatory challenges. This was one of the reasons why Deibit relocated to Dubai in 2023. However, even Russians living in Dubai are banned from registering on the exchange.

This isn’t the exchange’s only recent setback. Last month, it considered a buyout from Kraken. Additionally, data shows that Deribit is a popular exchange within Russia but nowhere near as popular as several other competitors. Meanwhile, Russian citizens are the second-largest demographic of users by country on Deribit’s end.

In other words, these sanctions might actually harm Deribit more than the broader crypto community in Russia. If nothing else, this incident proves the importance of decentralized institutions within crypto.

These international sanctions are still somewhat limited in their reach, and DeFi provides many tools to circumvent them.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Crypto AI Agents Tokens Drop 13% as New Launches Slow Down

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Crypto AI Agents have seen a sharp decline, with their total market cap dropping 13% in the last 24 hours to $6.42 billion. The sector’s biggest coins are struggling, with VIRTUAL, AI16Z, and FARTCOIN all posting significant losses over the past week.

Meanwhile, growth in new crypto AI agents has slowed dramatically, and engagement within the ecosystem has plummeted by 60% in just a few weeks. With both investor interest and market activity fading, the sector faces an uphill battle to regain momentum unless a strong catalyst reignites demand.

Crypto AI Agents Coins Market Cap Is Down

The crypto AI agents market has taken a significant hit, with its total market cap dropping 13% in the last 24 hours to $6.65 billion.

All of the top 10 crypto AI agents cryptos have posted losses over the past seven days, with FARTCOIN plummeting 61%, AI16Z down 59%, and the largest one, VIRTUAL, losing 40% of its value.

This broad sell-off highlights the ongoing weakness in the AI crypto sector, as investors continue to exit positions amid the correction, a movement that has been happening and intensifying since DeepSeek’s launch.

Top Crypto AI Agents and Their Weekly Price Changes
Top Crypto AI Agents and Their Weekly Price Changes. Source: CoinGecko

VIRTUAL, once the dominant artificial intelligence protocol, briefly surpassed major players like TAO, FET, and RENDER when its market cap peaked at $4.6 billion on January 1.

However, since then, it has faced a steep decline, with its valuation now sitting at just $811 million. With this downturn, only five crypto AI agents cryptos still hold a market cap above $300 million, and just 15 remain above the $100 million mark, showing how deep the correction has been across the sector.

Solana Is Still the Leader in Crypto AI Agents

Solana remains the most dominant chain in the crypto AI agents sector, with its AI-related coins holding a combined market cap of $3.2 billion.

However, this dominance has taken a hit, with the total value dropping 18.6% in the last 24 hours as the sector experiences a broad correction.

Crypto AI Agents Dominance by Blockchain
Crypto AI Agents Dominance by Blockchain. Source: Cookie.fun

Base chain follows as the second-largest player, with its crypto AI agents coins collectively valued at $2.74 billion. Coins like VIRTUAL, TOSHI, FAI, and AIXBT have been key drivers of its growth in the sector.

Interestingly, Ethereum is notably absent from the top ranks, while other chains collectively account for just $1.19 billion in market cap.

Only two of the top 15 coins are outside of Solana and Base: ChainGPT (CGPT), which operates on BNB and currently holds a market cap of $118 million, and TURBO, which operates on Ethereum and has a market cap of $265 million.

Can Crypto AI Agents Regain Their Strong Momentum?

The growth of crypto AI agents has significantly slowed down after a surge in January. Between January 7 and January 24, their number increased from 1,250 to 1,387, marking an 11% rise.

However, since then, growth has nearly stalled, with only 13 new AI agents added, representing less than a 1% increase. This slowdown suggests that interest in launching new crypto AI agents are fading, potentially signaling a cooling phase in the sector.

Crypto AI Agents Count, Market Cap, and Smart Engagement.
Crypto AI Agents Count, Market Cap, and Smart Engagement. Source: cookie.fun.

At the same time, engagement within the ecosystem has dropped sharply, with the number of smart accounts interacting with these projects falling from 19,069 on January 17 to just 7,541 now – a staggering 60% decline.

This drop in activity highlights weakening enthusiasm, as fewer users appear to be trading or utilizing these agents.

With both new project creation and user participation declining, regaining strong momentum in the near term appears challenging unless renewed interest or market catalysts emerge.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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HBAR Price Struggles Under $0.25 as Bears Dominate

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Hedera (HBAR) price has been struggling to break above $0.25, reinforcing the ongoing bearish momentum. Its market cap now stands at $8.7 billion, with technical indicators pointing to continued downside risks.

The ADX confirms that the current downward trend remains strong, while the Ichimoku Cloud and EMA structures suggest further weakness. Unless key resistance levels are broken, HBAR remains in a vulnerable position, with the potential for deeper corrections ahead.

Hedera DMI Suggests Selling Pressure Is Easing

Hedera ADX is currently at 41.1, having remained above 40 for the past three days and peaking at 44.1 on February 3. The Average Directional Index (ADX) measures trend strength, with readings above 25 indicating a strong trend and lower values suggesting weakness.

While it does not indicate direction, HBAR’s high ADX confirms that its ongoing bearish trend has been strong over recent days.

HBAR DMI.
HBAR DMI. Source: TradingView.

The +DI has climbed to 12.8 from 3.9 three days ago, stabilizing between 11 and 14, while the -DI has dropped to 28 from 44.7, hovering between 28 and 33.

This shift suggests selling pressure is easing slightly, but Hedera buyers have not gained enough strength to reverse the trend. With ADX still above 40, the downtrend remains intact, though the slowing momentum could indicate a potential consolidation phase before the next move.

HBAR Ichimoku Cloud Shows a Bearish Setup

The Ichimoku Cloud chart for HBAR shows a bearish outlook, with the price trading below the cloud. The red cloud ahead suggests continued downward pressure, as it indicates that future resistance remains strong.

The conversion line (blue) is slightly below the baseline (red), reinforcing short-term weakness and signaling that bearish momentum is still in control.

HBAR Ichimoku Cloud.
HBAR Ichimoku Cloud. Source: TradingView.

Additionally, the lagging span (green) is positioned below the price, confirming that the downtrend remains intact. The price has also been moving sideways within a tight range, struggling to gain upward momentum.

If the cloud continues expanding downward, it could indicate further bearish continuation, while a flattening baseline could suggest a potential slowdown in the current trend.

HBAR Price Prediction: Can Hedera Correct by 78% In February?

Hedera EMA lines show a clear bearish setup. Four days ago, a death cross formed as short-term EMAs remained below long-term ones. This indicates that the downtrend is still in play, and if it continues, Hedera price could test the $0.17 support.

A breakdown below this level could open the door for further declines to $0.12, and if bearish momentum persists, it could drop as low as $0.05, marking a 78% correction and its lowest level since November 12.

HBAR Price Analysis.
HBAR Price Analysis. Source: TradingView.

On the other hand, if the trend reverses, HBAR price could test the $0.29 resistance, which would be the first sign of a potential recovery.

A breakout above this level could push the price toward $0.35. If bullish momentum strengthens, HBAR could climb as high as $0.40, a possible 65% upside. However, until the EMAs shift to a more bullish alignment, the prevailing trend remains bearish.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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ADA Price Drops 25% in a Week

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Cardano (ADA) price has dropped over 25% in the last seven days, bringing its market cap down to $26 billion. Trading volume has also fallen 35% in the past 24 hours, now sitting at $766 million, signaling decreased market activity.

Meanwhile, whale addresses have stabilized after a brief surge, suggesting a period of balance as large holders await clearer market signals.

Cardano ADX Shows the Current Downtrend Is Still Strong

Within five days, Cardano’s Average Directional Index (ADX) climbed from 11.2 to 41.6, indicating a strong trend that coincided with a 20% price correction.

ADX measures trend strength, not direction, with readings above 25 indicating a strong trend and below suggesting weakness. Given ADA’s high ADX, the recent downtrend has been powerful, reinforcing bearish momentum.

ADA ADX.
ADA ADX. Source: TradingView.

Despite still being in a downtrend, ADA’s ADX has remained stable around 41 and 42 for two days and slightly declined between yesterday and today.

This suggests the trend may be losing intensity, though it hasn’t reversed and is still very strong. If ADX continues to drop while ADA price steadies, sellers could be weakening, possibly leading to consolidation.

However, with no clear reversal, downside risks remain.

Cardano Whales Has Been Stable For Three Weeks

The number of Cardano whale addresses, holding between 1,000,000 and 10,000,000 ADA, jumped from 2,453 to 2,483 between January 9 and January 14. However, after that spike, the number declined slightly and has remained stable over the past few weeks.

Tracking these whales is important because their accumulation or distribution can signal shifts in the market. A rising number of whale addresses often suggests confidence and potential price support, while a decline may indicate selling pressure.

Addresses Holding Between 1 Million and 10 Million ADA.
Addresses Holding Between 1 Million and 10 Million ADA. Source: Santiment.

Currently, ADA whale addresses are at 2,469, hovering around this level with minor fluctuations for the past three weeks. This suggests a period of balance. Large holders are neither aggressively accumulating nor selling, possibly focusing their investments on other coins for possible gains in February.

If stability continues, it could mean ADA price is in a consolidation phase, with whales waiting for clearer market direction before making major moves.

ADA Price Prediction: A 55% Upside or Downside?

Cardano price is currently trading between support at $0.65 and resistance at $0.82, with its EMA lines showing a bearish setup—short-term EMAs are positioned below long-term ones.

This suggests that downward momentum remains dominant, reinforcing the idea that ADA is still in a downtrend.

ADA Price Analysis.
ADA Price Analysis. Source: TradingView.

If an uptrend emerges, ADA could test the $0.82 resistance, and a breakout above it could open the door for a move toward $1.03 or even $1.16, a potential 55% upside.

However, if the downtrend continues and ADA price loses the $0.65 support, it could drop further to $0.51 or even $0.32, marking a 55% decline and reaching its lowest levels since December 10, 2024.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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