Crypto News

- Veteran Wall Street investor Jordi Visser weighed in on Bitcoin’s recent crash on Friday, stressing that the cryptocurrency remains inextricably linked to developments in traditional finance. Are Institutional Investors Losing Interest In Bitcoin? During an interview with entrepreneur and investor Anthony Pompliano, Visser was asked about the factors driving the ongoing Bitcoin crash. Visser said he was “losing money” like everyone else. “You cannot separate Bitcoin from the traditional finance world. You just can’t,” he stated. Bitcoin Lacks A ‘Fundamental Narrative’ He argued that if institutional investors, such as pension funds or sovereign wealth funds, could achieve similar or better returns from the world’s largest...

- Zcash, BNB, Sui Lead Altcoin Losses As Crypto Market Slides Altcoins continued to extend losses on Wednesday as the February selloff intensified, with Solana, XRP, BNB, and other major tokens shedding between 4% and 6% over 24 hours, according to CoinGecko data. Zcash is the largest loser among the top 30 altcoins, dropping 6.5% in the past 24 hours, per CoinGecko data. BNB, Sui, Hyperliquid and XRP followed, with losses of 6.1%, 5.8%, 4.3%, and 4.2% respectively. The downtrend that began after Bitcoin’s October peak gained momentum in early February, triggering multiple liquidation events. Even as Bitcoin attempts to stabilize around the $60,000 psychological level, altcoins appear weak, reflecting fearful investor sentiment...

- Franklin Templeton and Binance Launch Tokenized Fund Collateral Program — A Major Institutional Crypto Move Franklin Templeton, a leading global asset manager, has partnered with Binance to launch the Institutional Off-Exchange Collateral Program. This marks the first tangible product from their strategic partnership, initially announced in September 2025. It is designed to blend traditional finance expertise with crypto infrastructure for better institutional access to digital markets. How the Franklin Templeton, Binance Fund Works The program allows eligible institutional clients, including hedge funds and asset managers, to use tokenized shares of Franklin Templeton’s money market funds (MMFs) as collateral for trading on...

- Over the last century, no asset class has come close to matching the annualized return of stocks. But when the lens is narrowed to the past decade, Wall Street's major stock indexes haven't been able to hold a candle to cryptocurrency returns. In February 2016, the cumulative value of all digital currencies totaled less than $8 billion. As of this writing in the late evening on Feb. 7, the aggregate value of digital currencies is approximately $2.38 trillion, based on data from CoinMarketCap.com. Widely held digital tokens Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) have catapulted higher by 18,500% and 17,450%, respectively, over the trailing decade. Despite these life-altering gains, optimism for this highly popular...

- Robinhood’s New Arbitrum Chain Bridges the Gap Between DeFi and Traditional Finance Key Takeaways Robinhood, the U.S.-based trading powerhouse valued at around $76 billion, is launching its own blockchain, Robinhood Chain. This marks a shift toward bringing more operations in-house, allowing the company to integrate traditional finance (TradFi) with decentralized finance (DeFi) and enable users to trade assets like stocks and ETFs directly on its own platform. Robinhood’s RWA-Focused Layer 2 Blockchain Launch and Compatibility Announced on Feb. 10, Robinhood’s new L2 blockchain leverages Arbitrum’s technology and is fully compatible with Ethereum. Its public testnet allows developers to experiment with tokenized real-world...

- Key Takeaways Galaxy Digital CEO Mike Novogratz indicated that the era of speculation in crypto might be coming to a close as risk-averse institutions join the market, shifting focus to tokenized real-world assets (RWAs) with potentially lower returns. He shared these insights at the CNBC Digital Finance Forum in New York. Bitcoin has experienced a significant decrease in early 2026, with BTC falling over 21% year to date and nearly 50% from its peak in October 2025, recently settling around $60,062. No “Smoking Gun” This Time, Novogratz Says Comparing the current decline to the 2022 collapse following FTX's failure, which he termed a "breakdown in trust," Novogratz attributed the present situation to a market still recuperating...

- Brian Armstrong’s Wealth Plummets as Coinbase Shares and Bitcoin Price Slide The latest slide comes after JPMorgan Chase & Co. cut its price target for Coinbase stock by 27% on February 10, citing “softness in crypto prices,” declining trading volumes, and slower stablecoin adoption. Coinbase shares have mirrored Bitcoin’s volatility, falling 60% from a July 18 high, while Bitcoin itself has dropped nearly 50% from its early October 2025 all-time high of around $126,000 to below $63,000 as of early February 2026. Armstrong’s wealth is closely tied to his 14% stake in Coinbase, the New York-based crypto trading platform he co-founded with Fred Ehrsam in 2012. He also holds investments in NewLimit, a biotech startup focused on...

- Bitcoin Price Slides After Bear Flag Failure — Is $63,000 the Last Line of Defense? The Bitcoin price is sliding again after a failed rebound following February 6. The BTC price is down nearly 3% in 24 hours and about 38% since mid-January. After bouncing from $60,100 to $72,100, buyers lost control, and the rebound faded. Technical signals had warned early, and on-chain data now confirms growing selling pressure. The key question is simple: can $63,000 stop the next leg lower, or is a deeper reset coming? Bear Flag Failure and RSI Divergence Confirm Downtrend After the January sell-off, Bitcoin formed a bear flag on the daily chart. A bear flag happens when the price drops sharply and then rebounds weakly inside a narrow range...

- Bithumb’s Bitcoin Blunder Puts Burden on Users as Legal Case Favors Civil Recovery Just days after mistakenly crediting users with billions of dollars worth of Bitcoin during a promotional event, South Korean crypto exchange Bithumb is weighing its options to recover the remaining funds. The company is reportedly “in contact with customers who received Bitcoin,” particularly those who “disposed of it immediately,” in hopes of persuading them “to return and coordinate the method,” according to a rough translation of a report from state news agency Yonhap. The incident stems from a promotional compensation event in which reward amounts were mistakenly entered in Bitcoin rather than Korean won, resulting in the distribution of...

- South Korea crypto exchange Bithumb says system flaws led to $40 billion error SEOUL, Feb 11 (Reuters) - South Korea's Bithumb said on Wednesday that serious flaws had left the crypto exchange's internal system susceptible to potential sabotage and failed to prevent an erroneous transfer of more than $40 billion in assets last week. The country's second-largest virtual asset exchange said it accidentally gave away about 620,000 bitcoin (BTC-USD) to customers during a promotional event, instead of 620,000 won ($426), triggering a 17% slump in bitcoin's price. Bithumb CEO Lee Jae-won said the giveaway amounted to 15 times the exchange's holding of 42,000 bitcoins, largely because a lag of about 24 hours in processing transactions...

- 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 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. According to Sigel, the attention reflects fast-paced growth across the industry, with volumes now above $10 billion per month (approximately...

- LayerZero’s native token, ZRO, has bucked the broader market downturn, posting double-digit gains to reach a four-month high. The rally follows the LayerZero’s unveiling of a new blockchain, backed by Citadel Securities and ARK Invest. Both firms made strategic investments through ZRO purchases. Institutional Backing Fuels ZRO Rally While Crypto Market Slides BeInCrypto Markets data shows the crypto market extended its decline today, following yesterday's $19 billion in losses. Over the past 24 hours, total market capitalization has fallen by more than 2%, reflecting continued risk-off sentiment across major digital assets. Despite the broader pullback, select altcoins have managed to post outsized gains, with ZRO being one of...

- Is Satoshi Really Still Active In Crypto? A transaction involving 2.5 BTC, worth over $174,405 at the current price, was detected by the on-chain analytics firm Arkham. The BTC landed up in the so-called “Genesis” wallet, i.e., the address that mined the first block on the Bitcoin blockchain. The wallet has received BTC before. About two years ago, someone sent Satoshi 26.917 BTC, worth more than $1 million. An X user called Goaty questioned the "Satoshi is alive" narrative pushed by some corners, arguing that funds sent to an address is not the same as funds moved from the address. Meanwhile, the odds that Satoshi moves any BTC from the wallet this year remain subdued, pricing at just 8% on Polymarket. Mysterious Wallet That...

- Goldman Sachs’ Bitcoin holdings reveal 45% unrealized loss Goldman Sachs’ reported Bitcoin holdings have fallen by 45% since its last regulatory filing, a decline driven almost entirely by Bitcoin’s price drop. Based on fourth-quarter 2025 Form 13F disclosures, Goldman Sachs holds indirect exposure to approximately 13,741 Bitcoin through spot Bitcoin exchange-traded funds (ETFs). At the time of the filing, those holdings were valued at about $1.71 billion, reflecting Bitcoin prices near cycle highs late last year. At today’s Bitcoin price of roughly $68,700, the same exposure is now worth about $944 million, implying a decline of approximately $766 million, or around 45%, purely due to market movement. The math behind the 45%...

- Bitcoin has just drawn fresh support from some of its largest holders, though the return of demand remains narrow enough to raise doubts about whether it marks a recovery or mere damage control. So-called whale wallets accumulated about 53,000 coins in the past week, their biggest buying spree since November, after weeks of heavy selling. Those kinds of purchases helped steady prices after a steep drawdown, even as most other investors stayed on the sidelines. Data from industry research firm Glassnode show that wallets holding more than 1,000 Bitcoin added more than $4 billion worth of the token over the period, interrupting months of divestment that have left Bitcoin roughly 40% below its October peak. “It does slow down any...

- Crypto's banker adversaries didn't want to deal in latest White House meeting on bill Crypto industry negotiators arrived at the White House on Tuesday ready to talk about a legislative deal on stablecoin yields, but their banking counterparts brought further demands for a ban on such rewards in the Senate's crypto market structure bill, according to people familiar with the talks. The fight over whether stablecoins should be able to offer rewards — a lobbying battle between Wall Street bankers and crypto insiders — is one of the chief headwinds keeping the Senate Banking Committee from advancing the Digital Asset Market Clarity Act. It's now been a sticking point for months, and the banking side held their ground on prohibiting...

- Robinhood reported record quarterly revenue on Tuesday — but the crypto side of the business weighed down on the company’s results and stock price. Overall, total revenue was up 27% year-over-year for the last quarter of 2025, surging to $1.28 billion. For the entire year, revenue hit a record $4.5 billion. But crypto trading revenue fell 38% year-over-year to $221 million. Transaction revenues on the whole rose thanks to options and stock trading. Profits for the quarter also slid to $605 million, or 66 cents per share, from $916 million, or $1.01 per share, the year before, but still beat analysts’ expectations. “We’re moving into a world where crypto is more than an asset class,” Robinhood CEO Vlad Tenev said in an earnings...

- Robinhood (HOOD) reported that revenue from crypto-related transactions fell 38% year over year in the fourth quarter, highlighting how lower digital asset prices continue to curb trading activity even as platforms push deeper into the sector. The trading app reported $221 million in revenue from crypto trades, down from $358 million a year earlier, according to its latest earnings report. The decline came despite Robinhood’s efforts to make crypto a bigger part of its business. Over the past year, the company has rolled out new crypto features and expanded its offerings. Robinhood launched crypto transfers across more regions, allowing users to move assets on and off the platform. It also added a large slate of new trading tokens...

- Michael Saylor predicts Bitcoin will beat S&P 500 I remember the excitement in the crypto market when Bitcoin (BTC) hit north of $126,000 in early October last year to hit its all-time high (ATH). But the flash crash on Oct. 10 has led to the king coin plummeting below $70,000. In fact, Bitcoin is down 28.6% over the last year. Worse, the stock of Strategy (Nasdaq: MSTR), the largest Bitcoin treasury company, is down 58.82% over the last year. Due to the ongoing Bitcoin crash, the company reported a net loss of $12.4 billion, or $42.93 per common share, in Q3 2025. Yet Strategy co-founder and executive chairman Michael Saylor is bullish on Bitcoin. Strategy's Bitcoin holdings drag stock down Saylor co-founded MicroStrategy as...

- Robinhood disclosed $1.28 billion in fourth-quarter revenue on Thursday, snapping a streak of earnings beats amid a recent downturn in crypto markets. The company posted a 27% increase in revenue compared to the same period a year ago, but below analysts’ expectations of $1.35 billion.  Net income fell 33% year-over-year to $605 million, or 66 cents per share. Wall Street analysts expected the retail brokerage to report an earnings per share of 67 cents. “Our vision hasn’t changed: we are building the financial superapp,” Robinhood CEO Vlad Tenev said in a statement. In after-hours trading, Robinhood’s stock price dropped 6.5% to $80, according to Yahoo Finance. In October, the company’s stock price began sliding from an all-time...