Crypto News

- Crypto Liquidations Hit $2.65 Billion in the Past 24 Hours, but Bears May Be Near Capitulation Trader losses intensified during the first week of February. Liquidation volume kept rising as the market repeatedly crushed recovery expectations, driven by consecutive red candles. However, several analyses point to light at the end of the tunnel, even though a rapid recovery remains unlikely. Over $2.6 Billion Liquidated in 24 Hours Reflects Structural Market Weakness CoinGlass reported that total crypto market liquidations reached $2.65 billion over the past 24 hours. Long positions accounted for more than $2.2 billion of that total. CoinGlass data also shows that the smallest event in the Top 10 Crypto Liquidation Events of All...

- Crypto Sentiment Sinks to Lowest Level in 3.5 Years Investor fear in the crypto market has intensified to a degree not seen since the collapse of the Terra Luna ecosystem in mid-2022, driven by a brutal, macro-led selloff. Bitcoin’s price fell to a 15-month low of $60,255 on Thursday, marking a 52.2% decline from its October 2025 all-time high of $126,080, according to CoinGecko. It comes as the Crypto Fear and Greed Index plummeted to 9 this week, squarely in "Extreme Fear" territory and at its lowest level in 42 months since Terra's downfall Terra Luna was a crypto ecosystem whose collapse in May 2022, after its algorithmic stablecoin lost its dollar peg, triggered one of the market’s sharpest confidence shocks on record...

- More than $2.6 billion worth of Bitcoin and Ethereum options are set to expire, a development that could reshape short-term price dynamics as traders unwind hedges and reposition. The event comes amid elevated volatility, defensive positioning, and growing evidence that institutional participants are actively hedging downside risk. Bitcoin and Ethereum Options Expiry Could Trigger Volatility as $2.6 Billion in Contracts Settle Data from derivatives markets shows Bitcoin accounts for the bulk of the expiry, with roughly $2.2 billion in notional value tied to contracts. Ethereum represents an additional $419 million, bringing the combined total to more than $2.6 billion. Bitcoin is currently trading near $64,686, significantly...

- Falling Cryptocurrency Prices and Concerns Surrounding Lower Prediction Market Activity Weighs on Robinhood Markets (HOOD) Robinhood Markets, Inc. (NASDAQ:HOOD) stands out as one of Cathie Wood’s 10 stock picks with huge upside potential. On February 2, 2026, falling cryptocurrency prices and concerns surrounding lower prediction market activity weighed on the stock, driving Robinhood Markets, Inc. (NASDAQ:HOOD) shares downward. The stock declined by more than 10% during the day, bringing the year-to-date decline to 20%. The stock closed at $89.91, down from $99.48 in the previous session. On the same day, Bitcoin fell to a 10-month low near $74,500, rattling digital-asset traders. However, Bitcoin recovered later in the day. This...

- Strategy Posts $12.4B Loss as Bitcoin Falls Below Cost Basis Michael Saylor’s Strategy reported a $12.4 billion net loss for the fourth quarter, driven largely by mark-to-market declines in its massive Bitcoin holdings. The loss coincided with Bitcoin briefly slipping below $60,000, pushing the firm’s stash beneath its cumulative cost basis for the first time since 2023 and wiping out gains made after last year’s U.S. election rally. For years, Strategy transformed itself from an enterprise software company into a leveraged Bitcoin proxy, exploiting a persistent premium in its stock price to raise capital and buy more BTC. That strategy is now faltering. The treasury company announced no new equity issuance or debt financing...

- Market Performance HONG KONG (AP) — U.S. futures and Asian shares traded mostly lower on Friday, tracking Wall Street's losses as technology stocks again dragged on markets. Bitcoin sank to roughly half its record price, giving back all it gained since U.S. President Donald Trump won the White House for his second term. Asian Markets Tokyo’s Nikkei 225 was up 0.5% to 54,073.52, recovering from losses earlier this week, with technology-related stocks leading gains. SoftBank Group rose 1.9% and chipmaker Tokyo Electron rose 3%. Japan will also be holding its general election on Sunday, in which Prime Minister Sanae Takaichi expects to win a stronger public mandate for her policies. South Korea’s Kospi lost 1.7% to 5,076.69...

- Elon Musk said SpaceX will “maybe” put Dogecoin (CRYPTO: DOGE) on the literal moon next year, sparking an intraday rally on Tuesday, which was reversed to see DOGE and Shiba Inu (CRYPTO: SHIB) dump around 5% on the day. The Musk Tease That Didn’t Work The Tesla Owners Silicon Valley X account dug up Musk’s 2021 post that “SpaceX is going to put a literal Dogecoin on the literal moon” and asked “When?” Musk responded “Maybe next year,” then confirmed “Yes” when another user said “Doge on the moon is inevitable.” The initial reaction faded fast. DOGE briefly rallied over 4% in early Tuesday trading, outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). However, the gains evaporated as broader crypto weakness dragged meme...

- Bitcoin tumbled more than 10% toward $64,000, extending a brutal week for crypto as selling pressure spread across risk assets and shook markets from New York to Asia. The drop dragged Bitcoin to its weakest level since late 2024, reversing momentum that had built after Donald Trump’s election win, when he signaled a more supportive stance on crypto during the campaign trail. Crypto losses came as investors dumped tech stocks and even safe-haven trades turned jumpier. Volatility in precious metals also picked up, as leveraged bets and speculative flows amplified price swings. Market snapshot ETF Outflows Mount As Crypto Selloff Deepens Into February CoinGecko data showed the global crypto market has lost about $2 trillion in...

- Polymarket traders are pricing in a 27% probability that Donald Trump will launch a new cryptocurrency by year-end. The Implications Of Trump's Crypto Ambitions On Tuesday, Trump Media & Technology Group issued an official press release confirming the record date for its “Digital Token Initiative.” DJT Shareholders as of that date will be eligible to receive digital tokens tied to the Truth Social platform. The current tokens are described as non-transferable and cannot be exchanged for cash but don’t yet meet Polymarket’s criteria for a tradable coin. However, the announcement signals that TMTG is integrating blockchain technology into its corporate structure. This represents a significant shift from the company’s previous focus...

- Bitcoin Miners IREN and CleanSpark Slide After Earnings Misses Deepen Sector Pressure Publicly traded Bitcoin miners IREN and CleanSpark saw their share prices drop sharply on Thursday, as disappointing quarterly results coincided with a broader crash across cryptocurrency markets. CleanSpark shares closed sharply lower, falling $1.95, around 19%, on the session, and were trading at $7.55 in after-hours trading. IREN shares fell $5.11, or 11%, during the day and were trading at $32.42 after the close. The downturn underscores the ongoing financial volatility for miners and investors as they navigate fluctuating asset prices and infrastructure expenses. IREN reported $184.7 million in revenue for its fiscal second quarter ended...

- US equities rebounded as the S&P 500 climbed to $6,976, before correcting. Earlier in the week, the benchmark index closed just shy of its prior record before briefly moving higher in subsequent trading, while risk appetite in equities contrasted sharply with continued weakness across crypto markets. At the same time, Bitcoin continued to underperform, with selling pressure accelerating as broader capital flows favored traditional risk assets. The divergence has become more pronounced in recent sessions, reinforcing the growing split between equity and crypto sentiment. AI Stocks and Small Caps Drive Equity Momentum The latest leg higher in the S&P 500 was led by large-cap technology and semiconductor stocks, as investors rotated...

- Cathie Wood Loads Up On Coinbase, Circle, Robinhood As Crypto Market Gripped By 'Extreme Fear' Amid Bitcoin Crash On Tuesday, Cathie Wood-led Ark Invest executed significant trades, including purchases of Circle Internet Group Inc., Coinbase Global Inc., Robinhood Markets Inc., ARK 21Shares Bitcoin ETF, and Bitmine Immersion Technologies Inc. These trades occurred as the cryptocurrency market faced extreme volatility, with major cryptocurrencies like Bitcoin experiencing notable declines. Leading cryptocurrencies extended their selloff as Bitcoin slid below $73,000 to its lowest level since November 2024, triggering more than $750 million in liquidations amid "extreme fear" sentiment. The global crypto market cap fell to $2.59...

- Bitcoin’s sharp retreat from its late 2025 peak, capped by its worst single-day drop since the 2022 market crash, has reignited concerns that crypto has already entered a bear market under conventional definitions. Between February 4 and 5, Bitcoin logged one of its sharpest trading periods in more than three years, posting a roughly 14% single-day decline, the largest since a 14.19% drop on November 9, 2022, according to historical data on CoinGlass. Bitcoin’s price fell from around $73,100 to a low near $60,255 by Thursday evening, extending Bitcoin’s drawdown to more than 50% from its October 2025 all-time high of $126,080, and triggering more than $1.4 billion in liquidations over a 24-hour period, according to data from...

- Bitcoin on the cusp of $60,000 as investors flee risky bets SINGAPORE, Feb 6 (Reuters) - Bitcoin made a 16-month low and tested key $60,000 support on Friday, as a global selloff in technology stocks deepened and washed out risky bets across asset classes. The world's largest cryptocurrency was last up 1.64% at $64,153.24 in volatile trade, swinging between gains and losses after having hit a low of $60,008.52 earlier in the session. That marked its weakest since October 2024, a month before Donald Trump won the U.S. presidential election, having signaled his intention to support crypto on the campaign trail. "Bitcoin's been going down since October (2025), maybe you could ask if it was the canary in the coalmine, or a...

- Bitcoin ETFs barely flinch as BTC slides 40%, Bloomberg’s Eric Balchunas says Latest developments: ETF investors are proving more resilient than many expected during bitcoin’s latest drawdown. In an interview on CoinDesk’s Markets Outlook, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas highlighted several key data points demonstrating this stability: Why ETF holders are holding Balchunas argues ETF investors are structurally different from crypto-native traders. The contrast with crypto natives The same price drop can feel radically different depending on exposure. Lessons from gold ETFs Balchunas sees parallels between bitcoin and gold as ETF-wrapped assets. What comes next Volatility is likely to persist, but...

- Bitcoin Treasury Strategy Posts $12.4B Q4 Loss But Saylor Tells Investors Not to Panic Bitcoin juggernaut Strategy on Thursday posted a quarterly loss of $12.4 billion — but the firm’s bosses reassured investors and told them to “hold on” as crypto markets plunged. In an earnings call following the publicly traded company’s Q4 2025 results, co-founder Michael Saylor, CEO Phone Le, and executive vice president and chief financial officer Andrew Kang all told investors that Strategy was in the crypto accumulating game for the long-term. “The two words on the back of the Hitchhiker's Guide to the Galaxy: Don’t panic,” Saylor, the pioneer of the company’s crypto stacking pivot, said. Strategy’s quarterly results come as the price of...

- MicroStrategy is under renewed market pressure after Bitcoin slid to $60,000, pushing the company’s vast crypto treasury deeper below its average acquisition cost and reigniting concerns about balance-sheet risk. Shares of the company fell sharply as Bitcoin extended its sell-off, reflecting Strategy’s role as a leveraged proxy for the cryptocurrency. The stock’s decline also pushed its market valuation below the value of its underlying Bitcoin holdings, signaling stress for the firm’s treasury model. Bitcoin Price Crashes to a Yearly Low of $60,000 MicroStrategy holds approximately 713,500 Bitcoin, acquired at an average cost of about $76,000 per coin. With Bitcoin now trading near $60,000, the company’s holdings are roughly 21%...

- Retail Traders Lashed by Crypto Rout After Wall Street Bet Big Retail investors who piled into the Trump administration’s promised crypto paradise via Wall Street-approved funds are now learning an expensive lesson in market gravity. Bitcoin and a slew of newly minted altcoin exchange-traded funds have crashed, erasing all gains made since just before Donald Trump retook the White House and wiping out the speculative premium that had defined the era’s digital-asset boom. Market Plunge Despite the president’s pledge to make America the world’s crypto capital, Bitcoin has plunged 50% from its peak to trade around $63,000. Cryptocurrencies beyond Bitcoin have fared even worse, with a gauge tracking 50 smaller tokens tumbling 67%...

- Tether is deepening its presence in the United States with a new investment. The move marks a major step for Tether which has historically focused on offshore and emerging markets. Tether is the issuer of the world’s largest stablecoin USDT and is also a major gold holder. Strategic push into U.S. stablecoin infrastructure On Feb. 5, Tether announced its $100 million investment in Anchorage Digital, a federally chartered crypto bank in the U.S. Anchorage provides custody, staking, settlement, and stablecoin services for institutional clients. The two companies are already partners through USAT, Tether’s U.S.-compliant stablecoin built to meet domestic regulatory requirements. For Anchorage, the partnership brings both capital and...

- Bitcoin (BTC) is trading around $65,000 right now. In mid-January, Bitcoin was hovering near $75,000. Since then, it hasn’t fallen off a cliff; it's been slowly, uncomfortably bleeding lower. First $72K. Then $70K. Then $68K. And now, $65K. That kind of slow crash is often more unsettling than a sudden drop. There’s no single headline to blame, no obvious panic candle, just selling and fading confidence. Earlier, we had FTX, Luna, several reasons to blame. Today is one of the times when there are no real reasons to blame this crash. And analysts are starting to say the quiet part out loud. Some are warning Bitcoin could slip below $60,000. Others, including a Zacks Investment Research analyst, have floated scenarios where BTC could...