Crypto News

- Dogecoin founder sends harsh response to Elon Musk over X algorithm After taking over Twitter, Elon Musk has turned the social media platform into a different beast. First, he rebranded it to X, and then, algorithm updates every few weeks became a constant. Musk argues the goal of these algorithm updates is to offer the best experience to X users. But not everyone seems happy. Billy Markus, the software engineer who co-created Dogecoin (DOGE), expressed his displeasure that he really hates the current X algorithm. Musk acknowledged that he also doesn't like it and is working to improve it. Markus responded that any social app should show your content to your followers and you see the content from accounts you follow. Any algorithm...

- Dogecoin founder sends harsh response to Elon Musk over X algorithm After taking over Twitter, Elon Musk has turned the social media platform into a different beast. First, he rebranded it to X, and then, algorithm updates every few weeks became a constant. Musk argues the goal of these algorithm updates is to offer the best experience to X users. But not everyone seems happy. Billy Markus, the software engineer who co-created Dogecoin (DOGE), expressed his displeasure that he really hates the current X algorithm. Musk acknowledged that he also doesn't like it and is working to improve it. Markus responded that any social app should show your content to your followers and you see the content from accounts you follow. Any algorithm...

- Some Coinbase users are currently experiencing a temporary disruption, leaving them unable to buy, sell, or transfer digital assets on Coinbase.com. The issue, first reported by the platform on social media, has prompted concern among traders, though the company reassures customers that all funds remain secure. Temporary Service Disruption Leaves Coinbase Users Unable to Trade Coinbase, the largest US-based crypto exchange, confirmed the disruption in a statement on its official Twitter support channel. The company emphasized that the outage is temporary and that there is no indication of any long-term risk to user accounts or funds. Updates will be provided as the investigation progresses. Community trackers and crypto news...

- Coinbase Takes Fresh Blows with the Crypto Rout Deepening A drumbeat of bearish signals is building across the crypto industry, with Standard Chartered slashing its Bitcoin price target and Coinbase Global Inc. getting cut to sell as momentum traders struggle to push Bitcoin back toward its highs. Standard Chartered lowered its year-end 2026 Bitcoin forecast to $100,000 from $150,000 — and from $300,000 just months earlier — warning the cryptocurrency could drop to $50,000 before stabilizing. The bank pointed to weakening price momentum and a tougher macro backdrop while the token tumbled again Thursday, dropping as much as 4% to $65,079. “Bitcoin had a horrible year, and why do I think it happened?” Michael Novogratz, head of...

- In January 2024, the Securities and Exchange Commission (SEC) finally approved the first batch of spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). Unlike the earlier Bitcoin ETFs, which mainly tracked Bitcoin futures, these ETFs were directly backed by Bitcoin reserves and pegged to the cryptocurrency's market price. Retail and institutional investors could easily buy those ETFs to gain exposure to Bitcoin without using crypto wallets. A single Bitcoin is worth more than 1,700 shares of IBIT Each share of IBIT represents a claim on approximately 0.000568 Bitcoin held in the fund's custody. That ratio isn't fixed; it fluctuates daily based on the fund's holdings and deducted fees. It currently charges an expense ratio of...

- Bitcoin hovers near $65,000 as investor frustration grows over 'disconnect' with gold Bitcoin (BTC-USD) hovered near $65,000 on Thursday as strategists took stock of the divergence between the token and gold (GC=F). Despite a sharp drawdown in late January, bullion has climbed 16% year-to-date, building on a historic 65% rally in 2025. Meanwhile, bitcoin clocked its fourth consecutive month of losses in January and is currently down 22% since the start of the year. “A lot of folks I think are frustrated by the disconnect between bitcoin and gold," said Sean Farrell, head of digital assets at Fundstrat. Farrell pointed out that Bitcoin is about 17 years old whereas gold has existed for thousands of years. He also said he believes...

- Since peaking between July and October 2025, the prices of cryptocurrencies have been falling sharply. Since January 1, 2025, even the best performing digital currency, Bitcoin (BTC), is down by around 26% as of February 12, 2026. The worst performer among them, Cardano (ADA), has fallen by more than 70%. Macroeconomic Context What’s surprising about the selloff is the macroeconomic context. Investors often casually assume that crypto assets are (or at least should be): As we will see, the truth behind these assumptions is complicated. That said, over the past year, precious metals prices have risen substantially, despite their recent correction. Meanwhile, the U.S. dollar has weakened versus most other major currencies. Finally...

- Bitcoin Treasuries Added $3.5 Billion in January—Almost All By Strategy Bitcoin-buying firms were viewed as an emerging source of demand last year, but they are struggling to keep up with market leader Strategy as the digital asset’s price slides. Last month, the Tysons Corner, Virginia-based firm accounted for 93% of Bitcoin purchased among publicly traded firms, according to a report from Bitcoin Treasuries. Strategy acquired 40,150 Bitcoin during the period compared to 3,080 Bitcoin among competitors. In total, digital asset treasuries added nearly 43,230 Bitcoin worth $3.5 billion last month. That marked an acceleration from 28,900 Bitcoin in December, but it was far less than the 147,000 Bitcoin acquired in November 2024 amid...

- Bitcoin to $50,000? Standard Chartered predicts ‘more pain’ for price Bitcoin investors better brace for “more pain” as the price of the top cryptocurrency is set to plunge to $50,000 or even lower over the next few months, according to Standard Chartered. The British bank’s global head of digital assets research, Geoffrey Kendrick, offered that forecast in a note to investors. “We are going to see more pain and a final capitulation period for digital asset prices in the next few months,” Kendrick wrote. Not only did he forecast that Bitcoin would plunge 26% to $50,000, but he also said Ethereum is set to shed almost 30% of its current value and drop to $1,400 over the next few months. Standard Chartered also lowered its...

- Robinhood Shares Dip on Revenue Miss While Bernstein Sees Upside Shares of Robinhood (HOOD) fell approximately 8% in after-hours trading Tuesday following a fourth-quarter revenue miss. The trading platform reported record net revenues of $1.28 billion, which fell short of Wall Street’s $1.34 billion expectation. The shortfall was driven largely by a 38% year-over-year decline in crypto transaction revenue to $221 million, as trading volumes on the core app dropped 52%. Despite the immediate sell-off, analysts at Bernstein maintained an Outperform rating with a $160 price target, characterizing the weakness as temporary “crypto jitters.” The analysts highlighted that Robinhood’s prediction markets reached new records and noted the...

- Crypto OTC Desks ‘Tool for Tax Evaders and Money Launderers’: J5 The Joint Chiefs of Global Tax Enforcement (J5) published two advisories on Thursday warning that over the counter (OTC) crypto trading desks and payment processors are being used to obfuscate and move funds tied to criminal activity. The group, which is made up of tax bodies from Australia, Canada, the Netherlands, the U.S., and the UK, said that average daily trading volume for OTC desks totalled $1.44 billion—far higher than its $74.5 million estimated volume for exchanges. “These desks provide clients with anonymity and reliability when moving large sums of money or cryptocurrency, thus potentially functioning as an obfuscation tool for tax evaders and money...

- Bitcoin Will Fall to $50K and Ethereum Will Hit $1,400 Before Rebound: Standard Chartered Bitcoin will reclaim $100,000 and Ethereum will see $4,000 by the end of 2026—but they'll first sink to $50,000 and $1,400 on their way there, according to a new forecast from Standard Chartered. Geoff Kendrick, the bank's head of digital asset research, said that although the current market has been challenging for digital assets, it's a sign that the class is maturing and becoming more resilient. "Near-term, we see potential for further price downside in the coming months," he wrote in a note. "Holdings of digital asset ETFs have fallen (albeit in an orderly manner), and the average Bitcoin (BTC) ETF holding is now down around 25%." Total...

- Hedera’s HBAR is outperforming the broader crypto market. While Bitcoin and Ethereum are up around 2% over the past day, HBAR price today has gained nearly 10% over the past week and about 8% in the last 24 hours, trading near $0.096 at press time. The rally has raised expectations of a breakout. But momentum, volume, and derivatives data suggest risk is rising faster than conviction. Falling Wedge Breakout Hopes Build, But With A Risk HBAR has been trading inside a falling wedge pattern since late 2025. Since early February, HBAR has rebounded from close to the lower boundary of this structure and climbed toward the upper trendline near $0.098. This level has capped the price multiple times and now acts as key resistance. If...

- Michael Burry is a highly respected figure in the investing world. While he boasted a strong reputation prior to the Great Recession, his real claim to fame came after successfully shorting the 2008 housing crash, earning him the nickname “The Big Short.” Last week, he sounded the alarm to his Substack subscribers, predicting more headwind for the world’s biggest and most popular cryptocurrency, bitcoin. For context, bitcoin has shed $1 trillion over the last several months, with its price plunging almost 50% from its peak four months ago. Burry sees parallels between the selloff and previous downturns, contending that investors have not seen the worst of it yet and warns of a potential “death spiral.” Here’s what investors should...

- Coinbase Global, Inc. (COIN) and Crypto ISAC Deepen their Partnership Coinbase Global, Inc. (NASDAQ:COIN) is among the 12 Best Digital Currency and Payments Stocks to Buy Right Now. According to TheFly, on January 28, 2026, Coinbase Global, Inc. (NASDAQ:COIN) and Crypto ISAC announced an expanded integration. It will enable the firm to communicate specific, high-confidence threat intelligence with the Crypto ISAC member community continuously. Shared data contains patterns and indicators from the company that are used to combat more complex threats, including state-sponsored initiatives. The goal of the integration is to facilitate cooperation with law enforcement when necessary and speed up the dissemination of actionable...

- H.C. Wainwright Highlights Steady Bitcoin-Per-Share Growth Driving Strategy Inc (MSTR) We recently compiled a list of the 15 Best Strong Buy Tech Stocks to Invest In. Strategy Inc holds the seventh position on our list of best tech stocks. TheFly reported on February 6 that H.C. Wainwright raised its price target on MSTR to $540 from $500 and maintained a Buy rating. Despite poor investor sentiment and market volatility, the firm highlighted MSTR as its top stock pick for 2026 and cited the company’s steady Bitcoin-per-share increases and solid execution, including raising $3.9 billion to buy an additional 41,002 Bitcoin in January. In contrast, on the same day, BTIG lowered its price target on Strategy Inc (NASDAQ:MSTR) to $250...

- US Crypto News Morning Briefing Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee as the crypto market may be heading into another turbulent stretch. Analysts are warning that more volatility could lie ahead as macro uncertainty builds and investor sentiment weakens, setting the stage for a potentially decisive moment before any meaningful recovery begins. Crypto News of the Day: Standard Chartered Warns of Final Capitulation, Sees Bitcoin Falling to $50,000 Before Recovery Standard Chartered is warning that crypto markets may face one final wave of selling pressure before staging a broader recovery. According to the bank, Bitcoin...

- Key Takeaways Coinbase CEO Brian Armstrong has sold another large block of company stock, COIN. The sale, flagged in recent filings and highlighted by market observers, adds to a steady pattern of divestments by Armstrong over the past year. For investors already navigating a volatile crypto cycle, insider selling at this scale inevitably raises questions about sentiment at the top. Armstrong Dumps COIN at its Low Over the past year, Armstrong’s cumulative sell-offs have amounted to around $550 million, marking an extended streak of liquidating holdings. This trend began in previous quarters, during which Armstrong periodically reduced his stake in Coinbase Global Inc., the U.S.-based cryptocurrency exchange he co-founded and...

- Bitcoin shakes off $60,000 price plunge as miners come back online The Bitcoin network is bouncing back after winter storms and ongoing regulatory crackdowns knocked miners offline. Over the past two weeks, the network’s hashrate — a measure of its combined computing power — jumped more than 20% and is approaching the level it was at before the disruptions. That’s despite Bitcoin plummeting to a low of $60,000 during the worst market rout in almost four years. “We’ve seen this cycle repeat so many times in the past and it demonstrates once again that Bitcoin mining is a uniquely flexible load,” Leo Wang, a vice president at Canaan, a Singapore-based Bitcoin miner manufacturer, said. “When you zoom out, the network remains very...

- Former Ripple CTO Claims Bitcoin Is a ‘Technological Dead End,’ as JP Morgan Turns Bullish Despite ‘Extreme Fear’ Fall David Schwartz, former Ripple chief technology officer and one of the architects of the XRP Ledger, has sparked controversy by describing Bitcoin as a “technological dead end” akin to the dollar. The renewed criticism of Bitcoin comes as Wall Street shows signs of warming to the sector again, with JPMorgan projecting a more optimistic outlook for digital assets in 2026 despite a sharp market downturn that has pushed sentiment into “extreme fear.” Schwartz: Bitcoin’s Technology Has Stopped Mattering Schwartz was responding to a user who asked whether he had considered working on Bitcoin again after co-creating the...