Crypto News

- Altcoin momentum is picking up as renewed buying pressure returns to select high-beta tokens. After a period of consolidation and volatility, several charts are now flashing continuation signals and reversal signals. BeInCrypto has analyzed three such altcoins that the investors should watch in the second week of February. Axie Infinity (AXS) AXS emerged as the best-performing altcoin today, surging 18% over the past 24 hours. The rally helped preserve the broader uptrend that began at the start of the year. Renewed buying interest suggests traders are regaining confidence after recent volatility weighed on momentum. A recent pullback delayed a potential Golden Cross that AXS was approaching in early February. If bullish momentum...

- A sharp pullback in the crypto market in recent days has cratered valuations for Bitcoin, Ethereum, and other cryptocurrencies; however, advisors’ caution in allocating to crypto has largely insulated them from the volatility. Advisors who allocate to crypto largely use ETFs. The crypto crash has prompted a surge in trading volume. BlackRock’s spot bitcoin ETF, IBIT, for example, saw a record of nearly 300 million shares traded last Thursday, over $10 billion in notional value. The market remains bearish on a recovery, despite Bitcoin's value seemingly stabilizing around $70,000 after dropping to a low of $60,000 from a 2026 peak of around $100,000. According to analysis, Bitcoin perpetual futures are flashing continued warning...

- "Bitcoin Stable at $70,000: Will BTC Pump or Dump From Here?" Bitcoin is holding firm around the $70,000 level after one of its sharpest sell-offs this cycle, leaving investors split on what comes next. On-chain data, ETF flows, and market structure signals now point in two opposing directions, raising a key question: is Bitcoin preparing for another leg up, or setting up for renewed downside? Selling Pressure Remains Elevated One of the clearest warning signals comes from Bitcoin’s growth rate difference between market cap and realized cap. The indicator remains in negative territory, historically associated with heavier selling pressure. When realized cap grows faster than market cap, it suggests coins are being...

- Publicly traded Bitcoin miner Cango (CANG) parted ways with 4,451 BTC this weekend, raising approximately $305 million as it aims to fuel its expansion into providing compute power for the artificial intelligence (AI) boom. The firm used all of the proceeds to repay a portion of a Bitcoin-collateralized loan. “The company is executing a strategic pivot by utilizing its globally accessed, grid-connected infrastructure to provide distributed compute capacity for the AI industry,” Cango said in a statement. In addition to the sale, the firm also announced Jack Jin, formerly of video conferencing software firm Zoom, as its new CTO to help build out its AI business line. Shares in the Dallas-based mining firm are down nearly 3%...

- Ethereum (ETH) ETH’s 7-day liquidation map shows that potential liquidations from short positions outweigh those from long positions. Many traders appear to expect further downside. ETH has already fallen about 40% since mid-January. This bearish expectation faces growing risk. On-chain data shows that only around 16 million ETH remain on exchanges. This level marks the lowest since 2024. Recent sell-offs have accelerated outflows from exchanges. Lower exchange balances reduce available supply. This dynamic can amplify price recoveries through supply–demand imbalances. Additionally, more than 4 million ETH also sit in the staking queue. This further constrains the market's liquid supply. If ETH’s recovery strengthens due to these...

- Elizabeth Warren warns crypto risks could cost workers 'big' in their 401(k)s. How to be safe if you decide to invest Amid recent volatility in the cryptocurrency market, U.S. Sen. Elizabeth Warren is sounding the alarm regarding the asset’s instability and how it might affect retirement accounts. The representative wrote a letter to Securities and Exchange Commission chair Paul Atkin asking how the agency will protect investors after President Donald Trump signed an executive order in August that opened the door for 401(k) plans to offer investments in alternative assets, including crypto like bitcoin. “For most Americans, their 401(k) represents a lifeline to retirement security rather than a playground for financial risk,”...

- Bitcoin (CRYPTO: BTC) broke below key support levels this week, prompting traders to reassess when, or if, the market might offer an attractive long-term entry. Trader Guarantees Buying Bitcoin In a recent post on X, trader DonAlt said he would go "100% guaranteed" into Bitcoin only if one of several major events occurs. Those potential scenarios include Bitcoin falling to $40,000, a level he views as deeply undervalued, or a dramatic shift in U.S. politics, such as Donald Trump exiting the political stage. He also cited a full unravelling of the Epstein case, with charges brought against powerful figures, as another potential trigger. Until then, DonAlt said he plans to trade short-term and "play day-by-day" rather than make a...

- Bitcoin (BTC-USD) hovered near $70,000 on Monday after last week's sharp sell-off and subsequent rebound. The cryptocurrency is down roughly 44% from its all-time high north of $126,000 set last October, when forced liquidations and whale sales triggered a crypto winter. Selling intensified last week when the token saw its worst daily drop since November 2022. "The current Bitcoin price action is a mere crisis of confidence. Nothing broke, no skeletons will show up," Bernstein analyst Gautam Chhugani said in a note on Monday morning. "In an AI world, Bitcoin and crypto are not interesting enough," Chhugani said, adding that the "Bitcoin bear case is the weakest in its history." He also pointed out that spot ETFs have seen only a...

- Bitcoin investment products saw $264.4 million in outflows over the past week, extending a three-week negative trend. An "inflection point" According to the latest CoinShares Digital Assets Funds Flows report, BTC funds posted their third consecutive week of outflows, yet altcoin funds attracted inflows for the first time since the middle of January. XRP funds brought in $63.1 million in inflows, while Ethereum and Solana funds saw their respective balance sheets grow by $5.3 million and $8.2 million. Overall, outflows from crypto funds have slowed significantly, from $1.695 billion last week (and $1.73 billion the week before) to $187 million. For the report’s author, this sharp slowdown could be significant, since “the...

- NYSE-listed firm dumps millions in Bitcoin to repay loan Cango (NYSE: CANG), a Bitcoin (BTC) mining company, said it sold 4,451 BTC over the weekend, generating net proceeds of about $305 million as it moves to reduce leverage tied to a bitcoin-collateralized loan. The company said on Feb. 9 the transaction was settled in Tether’s USDT stablecoin, with the full amount used to pay down debt backed by its Bitcoin holdings. The move comes as mining economics remain volatile and reflects what the company described as a balance-sheet adjustment rather than a retreat from mining operations. Cango said the sale followed a review of market conditions and was approved by its board of directors. The company added that it remains committed...

- Investigators Circle as Bithumb Reveals Compensation Plan for $43 Billion Bitcoin Error South Korean regulators have begun investigations into Bithumb, days after the crypto exchange accidentally sent some $43 billion worth of Bitcoin to hundreds of customer accounts. At a Monday press conference, the head of South Korea’s Financial Supervisory Service told reporters that the error “laid bare the structural problems of virtual asset exchanges’ ledger systems.” The regulator has begun onsite inspections of Bithumb’s operations, according to local reports. Late last week, Bithumb erroneously airdropped hundreds of customers as much as 2,000 BTC each (a sum worth $140 million at writing) instead of 2,000 Korean won ($1.37). The...

- As market volatility persists, select altcoins are showing signs of potential all-time highs despite broader uncertainty. Some remain close to record highs, while others are drawing attention through supportive on-chain signals. Canton (CC) CC is trading near $0.165 at the time of writing, sitting just 18.25% below its all-time high of $0.195. Despite broader market bearishness, the altcoin has shown relative resilience. Holding near recent highs keeps CC positioned for a potential continuation if conditions stabilize. CC is currently hovering below the $0.176 resistance while awaiting clearer recovery signals. Its negative correlation with Bitcoin, sitting near -0.50, creates a unique dynamic. If BTC weakens further, CC may avoid...

- Jim Cramer Drops Surprising Claim About President’s Strategic Bitcoin Reserve Speculation around U.S. Bitcoin policy resurfaced this week after a brief on-air exchange reignited questions about whether Washington could one day treat the cryptocurrency as a strategic asset. The comments did not come from a government official or policy document, but from a familiar voice on financial television. With Bitcoin prices already volatile and investors on edge for macro signals, even casual suggestions of government involvement were enough to spark jitters. CNBC host Jim Cramer sparked fresh debate around U.S. crypto policy after floating an unverified claim that the president could soon begin actively buying Bitcoin to fill a national...

- Strategy, the world's largest Bitcoin treasury company, announced Monday that it bought even more BTC last week even as its nearly $50 billion stash remains underwater following last week's crypto market plunge. The firm purchased an additional 1,142 Bitcoin last week, currently valued around $79.3 million worth—though that purchase has already lost value. Strategy purchased the coins for approximately $90 million in total, with a cost basis of $78,815 per coin. Bitcoin was recently trading at $69,193, per data from CoinGecko. Strategy—formerly MicroStrategy—sold $89.5 million worth of Class A Common Shares (MSTR) to fund the purchase, and issued no preferred shares during the week. Now the company holds 714,644 BTC, or about 3.4%...

- 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 and take a step back from the daily price charts. Beneath the noise, some analysts believe Bitcoin’s latest downturn may be telling a very different story—one less about collapse and more about how the market itself is changing. Crypto News of the Day: Bernstein Maintains $150,000 BTC Prediction Bitcoin’s latest correction may feel familiar to crypto analysts, but experts at research and brokerage firm Bernstein argue that this cycle is fundamentally different from past downturns. In a recent note to clients, the firm described the current environment as the “weakest bitcoin bear case...

- The cryptocurrency market is really taking it to the shins right now. Just a little over a month into 2026, popular assets such as Bitcoin, Ethereum, and XRP, as well as mainstream cryptocurrency stocks Robinhood Markets and Coinbase, are all lagging the broader market. While this may be disorienting for some investors, I remain confident in each of the names above. By contrast, another plummeting member of the crypto realm, Dogecoin, may not fare as well as its peers. Let's explore what makes Dogecoin different than the companies and tokens referenced above and assess why it could be headed for further selling pressure. What is Dogecoin? Back in 2013, software engineers Billy Markus and Jackson Palmer created Dogecoin. Unlike...

- Bitcoin Can Crash To $40K In The Next 6 To 8 Months, Strategist Warns Bitcoin could fall to as low as $40,000, according to Zacks Investment Research Chief Equity Strategist, John Blank. "A Bitcoin winter is 12 to 18 months long," Blank told CNBC on Feb. 2. "These are well-understood technical features. So, at $76,000 from $125,000, which was the peak, we can get to $40,000." Blank said the $40,000 target was based on a megaphone chart pattern formed by the highs and lows of previous cycles. Blank said Bitcoin could reach the level "very quickly" or "over the next six to eight months," depending on when large players such as Strategy (NASDAQ:MSTR) are forced to sell. Blank’s remarks come as Bitcoin has had a painful start to the...

- Last week, Bitcoin (CRYPTO: BTC) experienced a significant drop, plummeting to a low of $60,000, marking a 19% decline. The downturn is attributed to multiple factors, including massive deleveraging and miners being forced to sell, rather than a single catastrophic event. According to reports, futures open interest has dropped from $61 billion to $49 billion within a week, indicating a more than 20% decline in borrowed bets against Bitcoin. This drop in leverage parallels the decline in Bitcoin’s price, suggesting a simultaneous fall rather than a chaotic forced selling scenario. What The Latest Bitcoin Drop Reveals According to Matthew Sigel, head of digital asset research at VanEck, the selloff isn’t driven by a single trigger...

- Crypto Crashes Rattle Venture Capitalists After $19 Billion Haul Crypto venture capital funds are confronting an identity crisis. Plummeting digital-asset prices and a wave of market consolidations are exposing the fragility of an industry that boomed on speculation but has struggled to build sustainable, revenue-generating businesses. Retail traders have continued to drift away from digital art and memecoins, while token prices have crashed — a casualty of the rug pulls and day-trader blowups that followed last year’s market crash. Now crypto VCs are being pulled toward a more traditional startup playbook: product-market fit, monetization, and long-term user retention. The pressure is mounting as the broader market sours. Bitcoin...

- If you invest in bitcoin or any other digital asset, Trump’s second term could impact your holdings more than you think. According to crypto expert Bobby Lee, Ballet CEO, new digital-asset orders made Washington a market driver rather than a distant referee. In 2026, your returns will hinge as much on White House policy and Congress as on the charts. Galaxy Research noted the administration is trying to make America the “crypto capital of the world” through coordinated regulation and legislation. It describes a “clean break” from the enforcement-first Biden era, with a new federal framework for markets, stablecoins and banks. So how exactly could Trump impact your holdings? Here’s what the expert had to say. Stablecoin Yield...