Crypto News

Key Takeaways A $500 million crypto deal signed days before Donald Trump’s return to the White House is now under congressional scrutiny. House Democrats have launched a formal investigation into World Liberty Financial (WLFI), a cryptocurrency project tied to the Trump family, following revelations that a UAE-linked entity quietly acquired a major stake in the firm just days before Trump’s second inauguration. Lawmakers say the timing, structure, and beneficiaries of the transaction raise serious concerns about conflicts of interest and foreign influence. The probe, initiated on Feb. 4 by Rep. Ro Khanna, ranking member of the House Select Committee, follows a Wall Street Journal report that detailed the previously undisclosed...

- The Allegations Against Binance An X user, going by the pseudonym Lewsiphur, said they received a cease-and-desist notice from Binance, a day after accusing the world’s largest cryptocurrency exchange of insolvency and being “solely responsible” for the Oct. 10 event that triggered the cryptocurrency market’s largest-ever liquidation. “I really want to expose everything I was told from credible resources but I can't risk a legal battle,” Lewsiphur said. Binance denied sending the notice, calling the letter a “forgery with a very active imagination.” X users added a community note to Lewsiphur’s post, stating, “The author of the post fabricated a cease and desist letter to promote a false narrative about Binance and advance his...

- Nobody is too smart to get scammed. Just ask Jason Gewirtz, the vice president of news at CNBC. Gewirtz recently came close to handing access to his entire cryptocurrency portfolio over to someone posing as a Coinbase security representative. Business journalists are often trained to be skeptical and alert to financial fraud, yet this scam was so convincing that Gewirtz nearly fell for it. What saved him was having to suspend the call to attend a work meeting With the convincing voice no longer pressuring him to act, Gewirtz was able to take a beat and recognize a few red flags from the call. He even used artificial intelligence, as well as a contact of his who used to work at Coinbase, to figure out what was going on. While...

- For the year, every major cryptocurrency is getting hit hard. But some cryptocurrencies are getting hit harder than others. Ethereum (CRYPTO: ETH), for example, is down 35%, while Solana (CRYPTO: SOL) is down 34%. When to buy the dip Generally speaking, a strategy of buying the dip only works if a cryptocurrency is in the midst of a long-term uptrend. There will be pullbacks of 10% or more along the way, and this is when it can make sense to buy at a lower price. Think of each dip as an opportunity to buy your favorite cryptocurrency at a temporary 10% discount before it goes back to its regular price. This strategy has worked splendidly with cryptocurrencies such as Ethereum and Solana in the past, so it's no surprise that some...

- The US Commodity Futures Trading Commission (CFTC) expanded its digital asset collateral framework on February 6. This update explicitly authorizes futures commission merchants (FCMs) to accept stablecoins issued by national trust banks as margin. Bank-Issued Stablecoins Enter US Derivatives Margin The revision, detailed in Staff Letter 25-40, serves as a critical course correction to guidance issued in December. That earlier framework had inadvertently created a two-tiered system by restricting eligible payment stablecoins to those issued by state-regulated money transmitters or trust companies. The oversight effectively sidelined federally chartered national trust banks from participating in the burgeoning market for tokenized...

- Bitcoin (CRYPTO: BTC) has struggled since October when a wave of liquidations rattled investor confidence. On Feb. 5, it slipped below $63,000 and is down over 30% in the past three months. It has erased all the gains it made since President Donald Trump's election, when pro-crypto optimism ignited a spectacular 2025 rally. This year is a different story. Uncertainty rules in various forms, from crypto regulation to Bitcoin's long-term narrative and the broader economic outlook. If you've been looking for a reasonable entry point, the current climate of fear could represent an opportunity. Buy Bitcoin if you think institutional investment will continue Rising institutional investment was a significant driver behind Bitcoin's last...

- ANALYSIS - Bitcoin Loses Trump-Era Gains as Crypto Market Volatility Signals Uncertainty NEW YORK, Feb 7 (Reuters) - Bitcoin could drop further after wiping out all of its price gains since the election of U.S. President Donald Trump, as liquidity is expected to remain thin for the near future. Bitcoin's slump alongside other digital asset prices coincides with investor concerns about inflated tech valuations and the uncertain path of U.S. Federal Reserve rate cuts. "This contraction has been underway for several months and remains ongoing, suggesting it is likely to persist for some time," ‌said Thomas Probst, a research analyst at crypto data provider Kaiko. "Reduced liquidity translates into sharper and more erratic price...

- Congressman Ro Khanna Launches Investigation Into $500 Million UAE Investment In Trump Family Crypto Firm World Liberty Financial California Rep. Ro Khanna announced on Wednesday he has launched an investigation as ranking member of the Select Committee on China into a $500 million investment by Abu Dhabi’s ruling family in World Liberty Financial (CRYPTO: WLFI), a Trump-linked cryptocurrency company. The probe focuses on a January 2025 deal in which lieutenants to Sheikh Tahnoon bin Zayed Al Nahyan, the U.A.E. national security adviser, secretly signed an agreement to purchase a 49% stake in the firm. The arrangement would steer $187 million to Trump family entities and $31 million to entities tied to Steve Witkoff's family...

- Venture funding is continuing to flow into digital asset companies even as the broader crypto market struggles with heavy losses. Key Takeaways: Roughly $258 million was invested in crypto firms during the first week of February, according to data from DeFiLlama, underscoring that investors are still backing infrastructure and services tied to blockchain networks despite a market drawdown estimated at about $2 trillion. Decentralized finance projects led activity with four deals, followed by payments startups with three. Anchorage Digital Raises $100M in Tether-Led Funding Round The largest raise came from Anchorage Digital, which secured $100 million in strategic financing led by stablecoin issuer Tether. The federally...

- On any given day, you probably shouldn't bet on a stock market crash happening, and generally, it isn't worth losing sleep over whether a crash is about to happen. Nonetheless, it's worth planning ahead so that you'll know precisely what to do when one actually does happen someday. So, on that note, between Bitcoin (CRYPTO: BTC) or XRP (CRYPTO: XRP), which one is more likely to still have a reason to exist after the dust from a crash settles? Bitcoin's edge in a crash is structural As you probably remember, the Oct. 10, 2025 crypto sector crash erased more than $1 trillion of market value across cryptoassets. That means we have a very recent example in hand to guide how we think about how these assets perform and why. Take a look...

- Strategy Inc.’s (MSTR) Bitcoin Stockpile Now at 713,502 Strategy Inc (NASDAQ:MSTR) is one of the Best Cheap Stocks to Buy Right Now. Strategy, according to an SEC filing, acquired an additional 855 bitcoin (BTC) for $75.3 million (implying an average acquisition price of $87,974) between January 26 and February 1. Just the week prior, from January 20 to 25, Strategy already spent $264.1 million to purchase 2,932 BTC at an average price of $90,061. The company funded both of these purchases through the sale of STRC and MSTR stock in the same period. This latest batch of purchases would bring the company’s stockpile to 713,502 BTC, with an aggregate cost of $54.26 billion (an average acquisition price of $76,047). Analyst Ratings...

- Of the top 20 cryptocurrencies in the world, only a handful are in positive territory for the year. Market bellwethers Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are down more than 15% each, and more speculative altcoins are down as much as 25%. But amid this market mayhem, there's one cryptocurrency that has managed to soar in value by 30% to start the year: Hyperliquid (CRYPTO: HYPE). If the hype about HYPE is right, this cryptocurrency could soar 80% or higher in 2026. The hype about HYPE Last year, Hyperliquid exploded in popularity, amid all the hoopla about crypto perpetual futures ("perps"). Hyperliquid has quickly become one of the top decentralized exchanges for trading crypto perpetual futures, and trading volume...

- Crypto firms raise $258m despite $2 trillion market drawdown The $2 trillion crypto market wipeout isn’t stopping venture capitalists from shopping for deals. Investors poured in another $258 million into crypto companies in the first week of February, according to DefiLlama data. Popular sectors included decentralised finance with four deals, and payments with three. “VCs are starting to steer their resources towards later stage projects, particularly those with institutional partnerships in place and clear go-to-market strategies,” Charles Chong, vice-president of strategy at crypto advisory firm BlockSpaceForce, told DL News. “They’re trying to spot the most promising late-stage project before it achieves mainstream success.”...

- It's almost impossible to argue with the assumption that perhaps all investors would've loved to have owned Bitcoin (CRYPTO: BTC) over the past decade. That's because the leading digital asset's price has skyrocketed 19,300% during that time, even after a sharp pullback in recent weeks. However, Bitcoin still experiences periods of extreme volatility. This is exactly what's going on right now, as it trades 41% off its peak. While the so-called experts will always try to sound smart and act as if they know exactly what's going on, the reality is that pinpointing the reasons for the leading cryptocurrency's recent dip is extremely difficult. Ultimately, it's always important for investors to keep their focus on the long term. With...

- BlackRock bitcoin ETF options saw record activity during crash, sparking theories of hedge fund blowup BlackRock's spot bitcoin (BTC) exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to gauge how institutions are positioning in the market. Now they might have to do the same with options tied to the ETF, as activity exploded during Thursday's crash. According to one observer, the record activity stemmed from a hedge fund blowup, while others disagreed, citing routine market chaos as a catalyst. What really stood out On Friday, as the ETF...

- Eric Trump Jibed For Old Ethereum Advocacy As Second-Largest Crypto Sinks Below $2,100 Popular podcaster Ashley DCan revived her social media banter with Eric Trump on Wednesday amid Ethereum’s (CRYPTO: ETH) ongoing decline. The Back-And-Forth The feud dates back to June 2025, when Ashley mocked Trump’s advice to buy ETH at $2,900. In the months following that advice, the second-largest cryptocurrency had cratered to $1,472, and Ashley accused Trump of treating retail traders as “exit liquidity.” However, Trump got his moment in August, when ETH rebounded to $4,800. “You really ought to get out of this business…,” he told Ashley, feeling vindicated. But the tide has shifted again as ETH crashed below $2,100, hitting levels not...

- Crypto firm accidentally sends $44 billion in bitcoins to users SEOUL, Feb 7 (Reuters) - South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange. Bithumb apologised for the mistake, which took place on Friday, and said it had recovered 99.7% of the 620,000 bitcoins, worth about $44 billion at current prices. It had restricted trading and withdrawals for the 695 affected customers within 35 minutes of the erroneous distribution on Friday. The exchange had planned to distribute small cash rewards of 2,000 Korean won ($1.37) or more to each user as part of a promotional event...

- Trump's Crypto Competition With China Futile, Says Peter Schiff: 'Chinese Leadership Is Too Smart To Care About Bitcoin' China Not Bothered About Bitcoin, Says Schiff Economist Peter Schiff questioned President Donald Trump’s push to make the U.S. the “world capital” of Bitcoin, arguing that Beijing couldn’t care less about the leading cryptocurrency. In an X post, Schiff slammed Trump’s argument that the U.S. must dominate cryptocurrency and blockchain technology to stop China from getting ahead. “But Chinese leadership is too smart to care about Bitcoin,” Schiff said. “While we're wasting capital and resources, they're building factories and buying gold.” China Maintains Anti-Crypto Stance Trump claimed in November that China...

- Nouriel Roubini, a renowned economist, argued that the future of money won’t be shaped by cryptocurrency, highlighting the ongoing crash in Bitcoin and other leading tokens. Bitcoin Failed As ‘Digital Gold,’ Notes Roubini In a Project Syndicate op-ed titled “The Coming Crypto Apocalypse,” Roubini said that many people were upbeat after President Donald Trump took office, given his pro-cryptocurrency stance. They had anticipated Bitcoin to emerge as the “digital gold,” with its value hitting at least $200,000 by the end of 2025. “Moreover, crypto was supposed to benefit from various macro and geopolitical risks, such as the ballooning of U.S. and other advanced economies' debt and deficits; the debasement of the dollar and other...

- Robinhood Markets (NASDAQ:HOOD), a commission-free trading platform, closed Friday at $82.82, up 13.95% for the session. The stock moved higher as rebounding cryptocurrency prices lifted crypto-exposed brokers and helped shares recover from recent weakness ahead of Friday’s earnings report, while investors are watching how upcoming results reflect crypto activity and trading engagement. The company’s trading volume reached 53.8 million shares, approximately 97% higher than its three-month average of 27.4 million shares. Robinhood Markets went public in 2021 and has grown 138% since its IPO. How the markets moved today S&P 500 (SNPINDEX: ^GSPC) added 1.97% to finish at 6,930, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced...