Jane Street responds to the lawsuit filed by Terraform Labs' bankruptcy administrator, stating that the allegations are baseless and aimed at extorting money. Jane Street firmly defends its rights, pointing out that the losses stem from fraudulent actions by Terraform Labs' management.

Gate News Bot Message, February 24th, according to CoinMarketCap data, LUNA (Terra) is currently trading at $0.06, up 6.08% in the past 24 hours, reaching a high of $0.07 and a low of $0.06. The 24-hour trading volume is $19.6 million. The current market cap is approximately $45.4 million, an increase of $2.6 million from yesterday.

February 10 News, Ethereum (ETH) continues to fluctuate at low levels, with the latest price hovering around $2000 and failing to regain the $2100 level. As on-chain valuation metrics fall into historically sensitive zones, the market is beginning to reassess: Is ETH approaching a long-term bottom, or does it still face the risk of a secondary decline? Crypto analyst Michaël van de Poppe pointed out that Ethereum's current Market Value to Realized Value (MVRV) ratio has significantly deviated from its "fair range," a level that historically only appears at the end of major bear markets. He mentioned that during the COVID-19 crash in 2020, the 2018 bear market bottom, the Terra-Luna collapse in 2022, and the market plunge in April 2025, ETH's valuation all fell into similar ranges, followed by medium- to long-term rebounds.

Google global "crypto" search volume is at its annual low, reflecting investor sentiment is subdued. The total market capitalization has fallen from $4.2 trillion to approximately $2.4 trillion, with trading volume plummeting to $87.5 billion. The Crypto Fear and Greed Index also hit a historic low of 5, remaining in the extreme fear zone.

The MACD histogram on the XRP monthly chart has fallen to -0.1234, hitting a new all-time low, indicating that the bearish momentum has reached an unprecedented level. This signal appeared after XRP broke below the $1.60 support level, with market sentiment remaining under pressure. On January 29, XRP briefly rebounded to $1.91, but selling pressure quickly returned, and the price lost a key zone on January 30, hitting a new low since November 2024. After entering February 2026, XRP retreated again, declining 3.39% for the month, and it may record its first five consecutive months of decline since 2016. The continuously weakening price structure caused the monthly MACD histogram to plunge sharply, far below the previous low of -0.0822 in August 2022. At that time, the market was in a panic phase following the Terra collapse, and XRP subsequently experienced a staged rebound.

According to Foresight News, BAGS ecosystem tokens generally declined, with Gas market capitalization dropping from a peak of $66.3 million to $17.54 million, a decrease of 40.79%; RALPH market capitalization falling to $27.32 million, a decrease of 34.45%; TERRA market capitalization dropping to $699,900, a decrease of 83.1%; and CMEM market capitalization falling to $1.53 million, a decrease of 58.97%.

Gate News bot message, Gate market display, since launching Alpha, TERRA has increased by 7933.50%, now priced at 0.0041752 USDT.

Gate News bot message, Gate market display, since launching Alpha, TERRA has increased by 7621.64%, now priced at 0.0038825 USDT.

Gate News bot message, Gate market display, since launching Alpha, TERRA has increased by 6568.15%, now priced at 0.0034423 USDT.

Gate News bot message, Gate Market Display, since launching Alpha, TERRA has increased by 4913.92%, now priced at 0.0024893 USDT.