Crypto News

- South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin A South Korean crypto exchange accidentally credited users with billions of dollars’ worth of Bitcoin this week, triggering a flash crash in the platform’s listed value of the token. Instead of airdropping users 2,000 won (a sum worth $1.37 at writing), the exchange, Bithumb, reportedly sent 2,000 BTC apiece, users said. That massive sum was worth some $142 million at writing, with Bitcoin recently trading around $71,000. According to local reports, the accidental transfers were made as part of a “Random Box” giveaway, where 96% of recipients were poised to receive the lowest-value prize (presumably, the 2,000 won). Around 700 Bithumb users bought Random...

- 136-year-old investment firm predicts next Bitcoin crash I am pretty sure no crypto trader who experienced Oct. 10 ever imagined they would have to endure so many brutal sell-offs afterward. Fast-forward to today, and the crypto market resembles the landscape after a hurricane. Battered, scattered, and struggling to come back to normal. The Crypto Fear and Greed Index has plunged into single digits, flashing "Extreme Fear" at the score of 9. Bitcoin is down nearly 47% from its October peak and is changing hands around $66,900 at press time. And if there’s any truth to the saying that history repeats itself, the pain may not be over yet, at least according to analysts at Stifel. The Fed’s hawkish stance could be fueling Bitcoin’s...

- Bitcoin (BTC-USD) rebounded to $70,000 on Friday after prices fell as low as $61,000 following a 13% plunge on Thursday, the steepest one-day drop for the cryptocurrency since the FTX collapse in November 2022. The recovery reversed a wave of intense selling that surged through Thursday night, briefly pushing bitcoin’s decline to over 50% since its peak of $126,000 last October. "From a sentiment perspective, comparisons across cycles are always imperfect, but anecdotally there is an outsized sense of fear and fatigue among crypto-native participants,” Sean Farrell, head of digital assets at Fundstrat, wrote in a note on Thursday night. The strategist said he was increasing net long exposure to 80% in his portfolio, but "leaving...

- Bitcoin is Offensive, Gold is Defensive Gold and Bitcoin work most effectively when they're in the same portfolio, a Bitwise executive has argued. Speaking at the Digital Assets Forum in London, Bradley Duke, Managing Director and Head of Europe at the digital asset management firm, said that gold "is a better cushion" when markets are falling, while BTC offers greater upside during rebounds. "One is more to the upside risk and the other is more protecting against the downside of uncertainty," Duke said. The Bitwise exec discussed whether crypto's four-year cycles are dead. This discussion was held when Bitcoin experienced a significant drop. The analogy of Bitcoin as "digital gold" has faltered recently, with both assets on...

- 2026 hasn't been kind to cryptocurrency investors so far. Most of the top tokens declined as investors fretted over elevated interest rates, challenging macroeconomic headwinds, and competition from traditional commodities like gold and silver. However, instead of shunning the entire crypto industry, investors should probably just be more selective with the coins they buy. It's still smart to buy blue chip leaders like Bitcoin (CRYPTO: BTC), but it also might be better to avoid altcoins like Shiba Inu (CRYPTO: SHIB). The token to buy: Bitcoin Bitcoin's price has declined about 30% over the past 12 months, but it's still the world's most valuable cryptocurrency with a market cap of $1.4 trillion. It's also still up more than 70%...

- It's been a rough go for Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency by market cap, which is now down nearly 22% on the year, despite a strong rally on Feb. 6. Investors seem to be questioning whether Bitcoin is truly a form of digital Gold, with its finite supply of 21 million tokens, and whether it can therefore serve as a hedge against currency debasement and inflation. However, for those who follow Bitcoin and crypto, big sell-offs and steep bear markets should be nothing new, as they tend to occur every few years. Despite the big sell-off and investors asking serious questions, strategists at JPMorgan Chase see a compelling long-term opportunity that could make Bitcoin even more attractive than gold. Bitcoin has...

- Bitcoin Retakes $69,000 After Biggest Rout Since FTX Meltdown Bitcoin reclaimed almost all of the losses registered during Thursday’s crypto market meltdown, which was the largest since the collapse of Sam Bankman-Fried’s FTX exchange roiled the digital asset sector more than three years ago. The world’s largest cryptocurrency fell more than 13% yesterday, dragging the token down more than 50% from its October peak. Bitcoin rose as much as 10.6% to $69,778 on Friday. Earlier in the session, it came close to falling below $60,000 for the first time since October 2024. Other, smaller, less-liquid tokens also rebounded. Ether and Solana both rose 9%, while XRP surged more than 30%. Bitcoin accounts for almost 60% of the $2.3 trillion...

- Ark Invest, the firm of noted tech investor Cathie Wood, sold more than $19 million in shares of crypto exchange Coinbase (COIN) on Thursday—just days after buying more COIN—as Bitcoin’s price fell rapidly to a bottom of nearly $60,000. The firm sold 119,236 shares of COIN across three of its actively managed ETFs as shares of COIN fell to their lowest price since last March. Shares in the American crypto exchange have now fallen almost 48% over the last six months, despite a jump of nearly 9% on Friday to change hands around $159.13. The COIN sale comes just days after Wood’s firm had added to its Coinbase position, according to data from Cathie’s Ark. Coinbase represents Ark Invest’s seventh-largest investment, currently valued...

- What Is World Liberty Financial? The Trump Family DeFi Project Explained U.S. President Donald Trump has a long list of crypto ventures, profiting to the tune of some $1.4 billion as of January 2026. Of them, a DeFi project dubbed World Liberty Financial might be the biggest. The platform, which President Trump co-founded, according to its website, along with his three sons, wants to make finance "reliable, open, and made for how the world works today." World Liberty Financial was announced by President Trump's son Eric in August 2024. It is led by DeFi builders Chase Herro and Zak Folkman, along with other members of the Trump family and Zach Witkoff—son of longtime Trump ally Steve Witkoff. An Ethereum-based DeFi project Built...

- Bit Digital (BTBT) Moving Away from Bitcoin Mining, Focusing on AI, Ethereum Bit Digital Inc (NASDAQ:BTBT) is one of the best stocks under $3 to invest in. On January 29, Bit Digital Inc. (NASDAQ:BTBT) announced it will discontinue its Bitcoin mining operations and focus instead on artificial intelligence (AI) computing and Ethereum infrastructure. The company now believes that Bitcoin mining “became a less efficient use of capital relative to opportunities that allow for active participation, yield generation, and operational leverage,” as opined by Bit Digital Inc. (NASDAQ:BTBT) CEO Sam Tabar in a shareholder letter. This is an uncommon development, as publicly traded companies that deal with cryptocurrencies typically tend to...

- Stocks in the US surged on Friday, with markets recovering from a tech-centric downturn as Wall Street considerably reassessed the effects of AI technologies and Big Tech's substantial expenditures. The Dow Jones Industrial Average (^DJI) took the lead, climbing more than 1.5%, equivalent to over 700 points. Meanwhile, the S&P 500 (^GSPC) increased by 1%, and the Nasdaq Composite (^IXIC) gained about 0.9% as the indexes began to recover considerable losses. Tech Impact on Wall Street Wall Street seemed poised to end the week on a positive note, even as concerns about new AI tools affecting older technologies were downplayed by Big Tech CEOs and analysts. Despite this optimism, the S&P 500 and Nasdaq are still set for weekly losses...

- 3 Altcoins to Watch This Weekend | February 7 – 8 As the weekend approaches, select altcoins are flashing early signals that could define short-term price action. From renewed bullish momentum to deep drawdowns hinting at exhaustion, the market is offering a mixed technical outlook. Here are three tokens to watch: Decred (DCR) Decred has produced a strong bullish expansion, rallying sharply to $24.70 after reclaiming the $20.22 pivot. The impulsive candle confirms buyers regaining control following a higher-low structure above $17.45. This move shifts short-term momentum decisively bullish after a prolonged consolidation phase. Holding above $22.84 keeps upside momentum intact, with $25.94 as the next key resistance. A daily...

- Bitcoin Bloodbath Erases Trump Gains Bitcoin plunged below $64,000 on Thursday for the first time since 2024, wiping out all the gains it accrued after President Donald Trump’s election victory. Plunging prices, part of a wider sell-off across crypto and tech assets, have erased trillions of dollars of market value and reignited debate over the cryptocurrency’s resilience and role in investors’ portfolios. The cryptocurrency dropped almost 13%, marking its largest single-day decline in years as leveraged traders were forced to liquidate positions amid a broader de-risking in markets. Ether, the second-largest token, has suffered even larger percentage losses. While Bitcoin rebounded slightly Friday morning, hovering around...

- Strategy (NASDAQ:MSTR) is now $630 million underwater on its Bitcoin (CRYPTO: BTC) holdings, wiping out $47 billion in unrealized profits from just four months ago as Bitcoin plunged below the company’s $76,037 average cost basis. The Profit Wipeout Bitcoin fell 15% in the first four days of February, pushing Strategy’s position underwater for the first time since the company began accumulating in August 2020. The company is down on its total Bitcoin holdings as long as the price stays below $76,000, despite BTC still being up 550% since Michael Saylor’s first purchase. Peter Schiff’s Attack Gold bug Peter Schiff argued Strategy’s buying drove Bitcoin’s 550% rise, but now that the company can’t keep buying as much, the price is...

- Bitcoin (BTC-USD) climbed to nearly $67,000 on Friday after a continued decline overnight sent prices as low as $61,000 following a 13% plunge on Thursday, the steepest one-day drop for the cryptocurrency since the FTX collapse in November 2022. Even with Friday's recovery, bitcoin remains on pace for its worst week since 2022. Selling this week cascaded into Thursday night's lows, making bitcoin's decline from its all-time high above $126,000 last October greater than 50%. "From a sentiment perspective, comparisons across cycles are always imperfect, but anecdotally there is an outsized sense of fear and fatigue among crypto-native participants,” Sean Farrell, head of digital assets at Fundstrat, wrote in a note on Thursday...

- Everything you need to know about Bitcoin and the Epstein Files The DOJ dropped the largest batch of the Epstein Files yet this week, and they revealed just how many things the notorious pedophile had his tentacles in – and that includes Bitcoin. Social media was awash with references to prominent Bitcoiners who were either mentioned in Epstein’s emails, took funding from the sex-offender financier, and/or had direct contact with him over the internet or in person. To get it out of the way: none of these emails necessarily prove any illegal acts by the people mentioned in this article, nor do they implicate them in any nefarious behavior. Jeffrey Epstein may be a nonce, but that doesn’t mean he has anything to do with Bitcoin’s...

Morning Minute: Bitcoin Erases Trump Pump, Falls to $60k Bitcoin crashed to $60,000 on Thursday. Erasing every gain since Trump’s election and completing a full 50% drawdown from October’s $126,000 all-time high. What Happened Bitcoin plunged 14% in a single day, triggering over $2B in crypto liquidations and sending the Fear & Greed Index to 5 “extreme fear” territory, a level not seen in several years. The selling accelerated through the session, with BTC briefly touching $60,000 before a modest bounce ($66,000 this morning). The carnage wasn’t contained to spot. Over $1.1B in Bitcoin derivatives alone were liquidated. Bitcoin Miners Could Face Crisis After BTC Price Falls 50% From Peak XRP led altcoin losses, down 20%+, while...

- BeInCrypto Wins ‘Best Crypto Publisher’ at Crypto Awards 2025 BeInCrypto has been named Best Crypto Publisher at The Crypto Awards 2025, Russia’s leading awards for cryptocurrency and blockchain technologies. The event recognized top projects across 24 categories with a festive ceremony, celebrating those making an impact on the Russian crypto market. A special shoutout goes to Evgeniya Likhodey, Managing Editor at BeInCrypto Russia, whose leadership helped the editorial team deliver in-depth analyses and news coverage that resonate with professionals and everyday readers alike. Evgeniya shared her perspective on the award: Since 2018, BeInCrypto has grown into a world-leading crypto news platform, reaching over 7 million monthly...

- Key Takeaways In 2026, the line between traditional finance (TradFi) and crypto is blurring. Institutional investors—once cautious about blockchain—are increasingly seeking strategies that blend Wall Street discipline with the efficiency of decentralized finance (DeFi). The tools leading this shift are DeFi vaults and tokenized real-world assets (RWAs). Together, they promise higher yields, more capital efficiency, and transparent operations—without forcing investors to navigate crypto themselves. DeFi Vaults: Simplifying Yield Generation DeFi vaults took the stage at Digital Assets Forum London this Friday. They are automated investment platforms that deploy stablecoins across multiple lending markets. These platforms are managed...

- Key Takeaways Bitcoin’s long-term appeal versus gold has strengthened, JPMorgan said. The bank argued that shifting volatility dynamics and a widening performance gap are making Bitcoin increasingly attractive for long-term investors. Bitcoin vs. Gold JPMorgan said Bitcoin’s attractiveness relative to gold has improved after gold’s recent rally and increased volatility. The bank said this has altered the risk-adjusted balance between the two assets. On Wednesday, it noted that Bitcoin’s volatility relative to gold fell to a record low. This development, the bank said, strengthens Bitcoin’s long-term risk-adjusted profile. While Bitcoin has struggled in recent weeks, JPMorgan said liquidation activity in crypto markets has...