Crypto News

- Bitcoin Giant Strategy Records $12.4 Billion Q4 Loss as MSTR Shares Hit 18-Month Low Strategy announced fourth-quarter earnings against a precarious backdrop on Thursday, with losses mounting on paper for the Bitcoin-buying firm amid the asset’s latest slide. With Bitcoin changing hands around $63,000, the company faced an unrealized loss of nearly $9 billion on its holdings, which were worth around $45.4 billion. After spending $54.2 billion on Bitcoin since 2020, the asset’s price dipped below Strategy’s average purchase price of $76,000 earlier this week. Strategy generated a fourth-quarter net loss of $12.4 billion, or $42.93 per share, as Bitcoin tumbled from an all-time high above $126,000 in October. Throughout the...

- Earnings Live: Strategy Gets Caught in Bitcoin Crash, Amazon Stock Plunges, Roblox Surges The fourth quarter earnings season momentum continues this week, as results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighted the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate an 11.9% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the index and the fifth consecutive quarter of double-digit growth. Heading into the reporting period, analysts were expecting an 8.3% jump in...

- Bitcoin (BTC-USD) crashed over 13% on Thursday, sinking below $64,000 to touch its lowest levels since October 2024 as a steep sell-off accelerated. The token is down nearly 50% from last year's all-time high, erasing all of the gains made during President Trump's second term. Investors had been optimistic that the administration's crypto-friendly policies would lift digital asset prices. Despite the intense selling, some bitcoin strategists say the token may not have reached a bottom yet. "Bitcoin remains in a larger bear-market structure," 10X Research wrote in a note on Thursday. "In the absence of a strong catalyst and with positioning still stretched, downside risks remain elevated." Notably, the firm points to a significant...

- Earnings Live: Strategy Gets Caught in Bitcoin Crash, Amazon Stock Plunges, Roblox Surges The fourth quarter earnings season momentum continues this week, as results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighted the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, and Wall Street analysts estimate an 11.9% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the index and the fifth consecutive quarter of double-digit growth. Heading into the reporting period, analysts were expecting an 8.3% jump in earnings per share, down from...

- Cathie Wood buys crypto stocks aggressively as Bitcoin crashes When the market dips, Cathie Wood sees opportunity. The ARK Invest CEO is back at it, doubling down on her favorite crypto-linked stocks just as Bitcoin (BTC) slid to its lowest price since 2024. Last year, Wood made waves by buying aggressively through the market’s volatility. This year, she is wasting no time, scooping up shares in some of the same names that defined her high-conviction bets in previous cycles. Cathie Wood doubles down on two crypto stocks Since the weekend, the markets have been swinging wildly and Wood is buying the dip. On Feb. 3, ARK increased its exposure to several major crypto firms, including U.S. exchange Coinbase (NASDAQ: COIN), USDC...

Bitcoin (BTC-USD) crashed over 13% on Thursday, slinking below $64,000 to touch its lowest levels since October 2024 as a steep sell-off continued to accelerate. The token is down nearly 50% from last year's all-time high, erasing all of the gains made during President Trump's second term. Investors had been optimistic that the administration's crypto-friendly policies would lift digital-asset prices. And despite the intense selling, some bitcoin strategists say the token may not have reached a bottom yet. Bitcoin's Larger Bear-Market Structure "Bitcoin remains in a larger bear-market structure," 10X Research wrote in a note on Thursday. "In the absence of a strong catalyst and with positioning still stretched, downside risks remain...

- US stocks took sizable hits again on Thursday in a fruitless search for a reprieve from a building tech sell-off as investors awaited Amazon earnings, assessed Alphabet's big AI spending plans, and digested jobs data that signaled fresh weakness in the labor market. The S&P 500 (^GSPC) moved roughly 1.2% lower, while the Nasdaq Composite (^IXIC) shed 1.5%. The Dow Jones Industrial Average (^DJI) lost over 1.1%, or more than 500 points. The market is in the midst of a full-on tech wipeout, as investors weigh whether some software stocks took too big a beating. The losses have been spurred by worries about AI disruption to established software players — a risk that had been overlooked by investors focused on the fallout from massive...

- Bitcoin Miners Could Face Crisis After BTC Price Falls 50% From Peak The price of Bitcoin has plunged 50% from its October peak—and could soon sink below what it costs some miners to produce the asset, if it hasn't already. With Bitcoin down 14% over the last day to a recent price below $63,000, a chart from BTC analysis platform Checkonchain has been making the rounds on X. It illustrates the Bitcoin difficulty regression price, which was $86,000 at the time of writing—well above the current trading price. But using that as a stand-in for the average cost to mine a Bitcoin is a bit misleading, according to Julio Moreno, CryptoQuant's head of research. "That chart is an indirect estimation of mining costs based on a regression of...

- Andrew Tate Buys Bitcoin Dip After Crash Andrew Tate, the former kickboxing champion and controversial online personality, is notorious for his misogynistic and racist rants. He gained more infamy when he got accused of rape and human trafficking in Europe. But there is another aspect of his life that continues to grab media attention: an obsession with crypto trading. Tate, who built a sizable following through social media and business courses, has over the years promoted cryptocurrency as a means of financial independence. The journey has hardly been smooth. In the past, he has launched and promoted meme coins such as Daddy Tate (DADDY), Roost (ROOST), Germany Token (GER), and F*ck Tristan (FTRISTAN), which later collapsed amid...

- Crypto traders are hating 2026 so far, and Bitcoin (BTC) shows no signs of recovery. I remember it was only in early October last year that the leading cryptocurrency had hit an all-time high (ATH) of $126,080, and Bitcoin maximalists were all over the moon. Analysts were making bullish price predictions and the market was confident that Bitcoin could easily replace gold as the ultimate safe haven asset against inflation and dollar debasement. But then, President Donald Trump issued another tariff warning against China on Oct. 10, and the crypto market collapsed like a house of cards. The flash crash that began then is yet to come to an end, and given the way Bitcoin is sliding even further down, it doesn't seem that the recovery...

- Crypto prices have seen no relief of late, with Bitcoin falling to a 15-month low and Ethereum’s losses extending to more than 60% off its August all-time high. Nevertheless, predictors on Myriad are still adamant that there will be no crypto winter. But they are less certain that BTC or ETH will move substantially up anytime soon. Below, we’ll look at some of this week’s top markets on the prediction market platform, including those centered on the next stops for Bitcoin and Ethereum, along with America’s biggest sporting event, the Super Bowl. Bitcoin’s next move: Pump to $84K or dump to $55K? Crypto’s top asset by market cap plunged below $69,000 on Thursday morning, concluding Myriad’s long-standing pump-or-dump market that...

- Global markets sold off sharply this week, hitting cryptocurrencies, equities, and even traditional safe havens like gold and silver. The synchronized decline points to a broader liquidity shock rather than asset-specific weakness. Bitcoin led losses in risk assets, while gold and silver posted their steepest weekly drops in months. The unusual correlation signals forced de-risking across portfolios, not a shift in investor preference. A Liquidity Squeeze, Not a Rotation Normally, stress in crypto pushes capital toward gold or cash. This time, investors sold everything that could be sold. That pattern typically emerges when leverage unwinds. Traders facing margin calls liquidate liquid assets first, including Bitcoin, gold, and...

- Why Dogecoin is Getting Slammed This Week Since the close of trading last week, the price of Dogecoin (CRYPTO: DOGE) had crashed over 21%, as of 1:56 p.m. ET Thursday. The crypto sector has taken a beating all week, with few cryptocurrencies spared. Mounting pessimism While Dogecoin's network has never had much real-world utility, it is one of the original cryptocurrencies and to this day remains a top 10 cryptocurrency by market cap. Cryptocurrencies often move in tandem with the sector, which is heavily influenced by Bitcoin, the world's largest cryptocurrency by market cap. Bitcoin has been crushed as investors have begun to question whether the token is truly a hedge against currency debasement and inflation. Tech stocks have...

- Wall Street Discipline to Crypto M&A: AlphaTON Partner Yury Mitin, Live at Nasdaq Tech Edge hosted a fireside chat on Feb. 2 at Nasdaq MarketSite with Yury Mitin, partner and Chief Business Development Officer of AlphaTON Capital Corp. (Nasdaq: ATON). The in-person interview was joined by Editor-at-Large Jarrett Banks, and they discussed how the company is acquiring revenue-generating businesses and applying Wall Street discipline to the crypto M&A context, among other topics. About AlphaTON Capital Corp. (Nasdaq: ATON) AlphaTON is the world’s leading technology public company scaling the Telegram super app, with an addressable market of 1 billion monthly active users while managing a strategic reserve of digital assets. The...

- Major crypto exchange announces major layoff amid market exit Gemini Space Station (NASDAQ: GEMI), the crypto trading exchange led by the Winklevoss twins, announced a major layoff in its global workforce as it retreats from several international markets, including the United Kingdom, Europe, and Australia. The move, Gemini said, is designed to “support a path to profitability” following continued financial strain. According to its latest report, Gemini posted a $159.5 million loss for the quarter ended Sept. 3, 2025. The exchange expects to incur roughly $11 million in pretax restructuring costs during the first quarter of 2026, with the overhaul set to be “substantially completed” in the first half of the year. Gemini winds down...

- The cryptocurrency market is in a downfall and crypto liquidations have already surpassed $1.45 billion in the last 24 hours, making it the fourth-worst day in the past three months by 24-hour liquidation size. As of this writing, over 311,000 traders saw their positions being flushed out, with the largest single liquidation coming from the BTC/USDT pair on Hyperliquid’s competitor, Aster, for $11.36 million in nominal value. Data from CoinGlass on February 5 at 5:30 p.m. UTC reveals this information. Long positions were the most affected ones, accounting for $1.24 billion out of the $1.45 billion recorded so far. Bitcoin leads the liquidations by a large margin, totaling $738.83 million—two times more than Ethereum at $337.45...

- Bitcoin Crash Could Deepen to $38K, Say Analysts—Here's Why Bitcoin has already tumbled far from its all-time high of $126,000 in October, but history suggests the rout could deepen before momentum shifts, according to analysts at Stifel. In a note, analysts at the 136-year-old financial services firm predicted that Bitcoin could fall as low as $38,000 in the coming months. With Bitcoin recently changing hands at $65,433, that would represent a 42% decrease from Thursday’s prices. The analysts cited the extent to which Bitcoin has fallen from its all-time highs amid previous “super-bears” in 2011 (93%), 2014 (84%), 2018 (83%), and 2022 (76%). Based on the ascending nature of those lows, the analysts penciled in a 70% drawdown this...

- U.S. Treasury Secretary Scott Bessent issued stern words Thursday to crypto stakeholders who think they can live without a market structure bill, stating it’s “impossible to proceed” with regulating crypto in the United States if the legislation does not pass Congress. “There seems to be a nihilist group in the industry who would prefer no regulation over this very good regulation,” Bessent said during testimony today before the Senate Banking Committee. “We have to get this Clarity Act across the finish line,” the Treasury Secretary added a few minutes later. “Any market participants who don’t want it should move to El Salvador.” Bessent’s comments came weeks after Coinbase, America’s top crypto company, abruptly pulled support...

- Bitcoin collapsed below the psychological $70,000 support level Thursday, marking a 15-month low as markets aggressively repriced the liquidity outlook under incoming Federal Reserve Chair Kevin Warsh. The world’s largest cryptocurrency fell as low as $67,619. The rout erased $40 billion from open interest in under 48 hours, showing a capitulation of leveraged longs. The catalyst? The market’s digestion of President Trump’s nomination of Kevin Warsh. While Warsh is historically pro-crypto, calling Bitcoin “new gold,” traders are fleeing his well-known stance on balance sheet reduction. The Liquidity Vacuum Spot ETF flows exacerbated the decline, with total assets under management sinking below $100 billion for the first time in...

- Stock Market Today: Bonds and Bitcoin Sell Off on AI, Economic Fears Financial markets tumbled Feb. 5 as concerns about the economy and overheated assets galvanized investors. Just before noon on Wall Street, the broad S&P 500 was down more than 1%, near 6,810, while the Dow Jones Industrial Average was 1% lower, near 49,025. The tech-heavy Nasdaq Composite lost 1.2% to trade near 22,636. All three major indices were off earlier lows, however. Stocks have been battered by back-and-forth signals from earnings reports about the impact of AI on corporate bottom lines. On Feb. 4, Google parent Alphabet said it was planning to spend as much as $185 billion on capital investments to accommodate new technology. The stock was down more...