Crypto News

- One Bitcoin Chart Correctly Predicts the 5% Bounce — But 3 Metrics Now Question It The Bitcoin price saw a short-term rebound after slipping to recent lows, gaining nearly 5% from its late-January bottom to test the $76,980 zone. This BTC price move followed a bullish momentum setup on the 4-hour chart, where selling pressure appeared to weaken. At first glance, the BTC rebound looked technically justified. A familiar short-term pattern had played out before. But a closer look at on-chain and market structure data shows that three major metrics are now questioning whether this bounce can develop into a sustained recovery. Chart Setup That Pointed to a 5% Bounce On the 4-hour timeframe, Bitcoin formed a bullish divergence between...

- Canadian Regulator Sets Tighter Crypto Custody Standards to Curb Losses Canada’s top investment industry watchdog has introduced new rules to enhance the security of how crypto assets are managed, addressing risks like hacks, fraud, and governance deficiencies. Key Takeaways: The Canadian Investment Regulatory Organization (CIRO) recently released its Digital Asset Custody Framework, which sets specific expectations for dealer members operating crypto asset trading platforms. The framework serves as an interim measure and is enforced through membership terms and conditions, allowing CIRO to swiftly respond to emerging risks as longer-term regulations are developed. Canada Introduces Tiered Custody Rules CIRO's framework targets...

- Crypto.com has spun out its prediction markets business into a standalone platform called OG, marking a fresh push into one of the fastest-growing corners of digital finance and putting it in direct competition with Polymarket and Kalshi. Key Takeaways: OG, which went live this week, is powered by Crypto.com Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse affiliated with Crypto.com. The company said the platform is currently available only to users in the United States, underscoring its focus on operating within the country’s regulated market structure. Crypto.com Spins Out OG After Surge in Prediction Market Activity The decision to launch OG as a separate platform follows rapid growth in...

- Why Bitcoin’s Defense of $76,000 Matters for MicroStrategy’s Q4 Earnings Narrative Strategy (formerly MicroStrategy) is set to report Q4 2025 earnings after market close on February 5, making Bitcoin’s struggle to hold the $76,000 level more than a technical battle. Bitcoin’s price is now directly shaping the company’s earnings narrative, investor sentiment, and the credibility of its leveraged Bitcoin treasury model. Bitcoin’s $76,000 Technical Support Bears Balance-Sheet Consequences for Strategy As of this writing on February 4, Bitcoin is trading at $76,645 after briefly dipping to an intra-day low of $72,945 in the previous session. The move has pushed Bitcoin uncomfortably close to Strategy’s average acquisition cost of...

- Michael Burry, the legendary investor behind “The Big Short,” has predicted that Bitcoin’s deepening bear market could trigger a $1 billion impending catastrophic sell-off in gold and silver. “It looks like up to $1 billion in precious metals were liquidated at month’s very end as a result of falling crypto prices,” Burry said. In a Substack post on Monday, he argued that Bitcoin has been projected as a purely speculative asset. Further, the crypto correlation with precious metals has created what Michael Burry calls “sickening scenarios” that have now come within reach. Bitcoin has slipped 3.17% over the past 24 hours, extending a 14.44% weekly drop amid a broader crypto market decline. The largest crypto by market cap is trading...

- Cathie Wood’s Ark Invest kept buying into the crypto slump, adding to positions tied to digital assets as Bitcoin steadied in the mid $70,000s and sentiment stayed fragile. Trade disclosures showed the firm’s ETFs bought about $3.25M of Bitmine Immersion Technologies on Tuesday, adding exposure to a stock that has tracked the broader slide in crypto-linked names. The firm also added roughly $2.4M of Circle Internet Group through its funds, according to the same filings. Ark Steps Up Buying As Bitcoin Slips And Risk Appetite Weakens The purchases landed in a market still shaped by deleveraging and shaky risk appetite. Bitcoin had slipped below $80,000 earlier in the week, and the pullback kept pressure on crypto-related equities...

- "Is This a Crypto Winter? Burry Says $50K, Tiger Says No" Michael Burry, the investor who predicted the 2008 financial crisis, warned Monday that Bitcoin's sharp decline could trigger a cascade of forced selling across multiple asset classes. With Bitcoin down 40% from October highs and altcoins collapsing 20-40% since the January FOMC meeting, the question dominating crypto markets is whether a full-blown crypto winter has arrived. Michael Burry Warns BTC Could Hit $50K In a Substack post, the "Big Short" investor estimated that up to $1 billion in precious metals were liquidated at the end of January as institutional investors and corporate treasurers rushed to cover crypto losses. "There is no organic use case reason for...

- Bitcoin Risks Further Slide as Momentum Weakens Below Key Support Bitcoin has stabilized after a sharp selloff, but weakening momentum below key support levels has left it and the broader crypto market vulnerable to further downside, experts warn. The stable level finds Bitcoin “above $74,500,” but price action “remains fragile,” with momentum that “continues to point lower,” analysts at crypto trading firm QCP Capital noted this week. The desk added that “upside remains constrained near recent resistance levels,” leaving broader markets “exposed to further liquidation-driven moves.” QCP said the next few sessions will be key, warning that a sustained drop below $74,000 could open the door to a deeper slide across crypto, while a...

- Asia Market Open: Bitcoin Slips 3% To $76K As Asian Stocks Track US Tech-Led Selloff Bitcoin slipped 3% on Wednesday to $76,000 as investors carried a sour mood into the Asia session after a tech-led sell-off hit US benchmarks and encouraged a shift toward more economically sensitive industries. In early trade, Japan and Australia opened lower, and futures pointed to losses in Hong Kong. Market Snapshot Software Rout Drags US Indexes Lower As Rotation Away From Big Tech Deepens Overnight, falling software names pulled down the S&P 500 and the Nasdaq 100, even as most stocks in the S&P 500 finished higher and value shares continued to outpace growth in 2026 amid a broader rotation away from the “Magnificent Seven”. The damage...

- WisdomTree, a firm with $150 billion in assets, says crypto is now a core business New York — WisdomTree’s crypto business is no longer an experiment but core to the firm’s strategy and on the verge of turning profitable, CEO Jonathan Steinberg said in a fireside chat at the Ondo Summit in New York on Tuesday. “We want to continue to scale,” Steinberg said. “Last year, we went from like $30 million in assets to about $750 million in assets," adding that the firm doesn't currently make money on its digital asset efforts but is "in line of sight of taking this to a profitable business.” The firm, with $150 billion in assets under management, has been investing heavily in blockchain infrastructure, launching tokenized funds, and...

- Cathie Wood Notes Bullish Moves In Gold Led Bitcoin Bounces In Last 2 Major Cycles, Calls These Cryptos 'Good Diversifiers' Ark Invest founder Cathie Wood pitched cryptocurrencies as “diversifiers” in the current market, pointing to historical data showing gold price rallies before Bitcoin’s (CRYPTO: BTC) bull run. What Do Gold Trends Signal For Bitcoin? In a post, Wood noted Bitcoin’s low correlation with gold returns since early 2020, citing research from her firm. She also highlighted that gold price movements preceded the last two “significant bull moves” in Bitcoin’s price. Wood Says Cryptos Are ‘Good Diversifiers’ In response to inquiries about where to invest in the current market, Wood suggested Bitcoin, Ethereum...

- MicroStrategy struggles ahead of earnings after latest Bitcoin crash 2026 has brought the crypto market to its knees, which was already under pressure since the flash crash on Oct. 10 last year. Bitcoin (BTC) crashed below $73,000 on Feb. 3, and it is the king coin's worst crash since early November 2024. As per the onchain analytics platform CoinGlass, over $660 million worth of crypto positions have been liquidated within the last 24 hours. It includes $526.5 million in long and $135 million in short positions. Bitcoin, with $112.7 million, led the crypto liquidations, followed by $96.5 million in Ethereum (ETH) positions. In the past 24 hours, 161,033 traders were liquidated. An ETH/USDT liquidation order worth $6 million on...

- Bitcoin, Ethereum and other major cryptocurrencies have continued their plunge — and experts have warned that more pain could follow. The leading digital coin by market value dropped as low as $73,112 on Tuesday but has since recovered slightly. Over a seven-day period, the asset has dipped by nearly 16% and is now more than 40% below its October all-time high of $126,080. Ethereum has been hit harder: the second biggest digital asset has dropped 26% over the past week to $2,184 — well below the $4,946 record it hit last year. Experts have since said that more pain could follow — traders could begin selling en masse again if they see Bitcoin touch even lower prices. ‘Very bearish’ signals Bitcoin is now trading significantly...

- Key Takeaways Crypto can't catch a break. Bitcoin hit new lows for the year on Tuesday, briefly breaking below $73,000 to levels not seen since November 2024, according to data firm Messari. Crypto-linked stocks including Coinbase (COIN), Strategy (MSTR), Circle (CRCL), and Gemini (GEMI) swooned alongside the cryptocurrency, each of them notching declines of at least 15% over the past five trading days. When the crypto complex will get a reprieve is anybody's guess. Some experts thought there might be a "value zone" in the mid-$70,000s; the coin recently changed hands above $76,000. Tuesday's swoon coincided with a sell-off in risk assets, with big U.S. tech stocks diving, weighing on major broad market indexes. Meanwhile, gold...

- Galaxy Digital reports $482m loss as Bitcoin price takes a beating Galaxy Digital posted a near half-billion net loss for 2025 as falling crypto prices hammered the company’s digital asset holdings. The New York-based firm reported a $241 million net loss for the fourth quarter alone, when Bitcoin fell nearly 25%. For the full year, Galaxy’s losses reached $482 million. “If you had told me a year ago, with gold at the highs and NASDAQ at the highs, and a very friendly administration, that we would be lower, I’d have said no way,” CEO Mike Novogratz said on the company’s earnings call Tuesday. Galaxy’s results highlight the brutal reality facing crypto-focused companies. Despite the acceleration of institutional adoption and...

- Bitcoin Drops to Lowest Price Since Trump’s Election Victory (Bloomberg) -- Bitcoin dropped to its lowest since President Donald Trump retook the White House a little more than a year ago, erasing the gains registered by the bellwether digital asset since the election victory of the crypto-friendly US president. The largest cryptocurrency extended its almost four-month slide, falling below $74,424.95, the lowest price of 2025. That level was seen on April 7 after Trump’s initial tariff plan upended financial markets worldwide. “A lot of the traders were trying to buy the dip, betting on a rebound above $80,000,” said Bohan Jiang, senior derivatives trader at FalconX. “As Bitcon drifts lower, a lot of those positions have been...

- A woman claiming to be Justin Sun’s ex-girlfriend alleged on Sunday that the cryptocurrency billionaire manipulated the market to pump the price of his Tron (CRYPTO: TRX) token. Serious Allegations Against Tron Founder Zeng Ying, describing herself as a finance blogger and a “Crypto OG,” said she was in a relationship with Sun back in the early days of Tron, the Layer-1 blockchain he founded in July 2017. Zeng said Sun used the identities and mobile phones of multiple employees in Beijing to operate several accounts on the Binance (CRYPTO: BNB) exchange. Through this, he conducted “coordinated buying and selling” on the exchange to artificially inflate TRX’s price, she added. “I am willing to fully cooperate with an SEC...

- Coinbase's (NASDAQ: COIN) stock has declined nearly 40% over the past 12 months. The largest cryptocurrency exchange in the U.S. lost its luster as the top tokens struggled to attract new investors. But at $176, Coinbase looks reasonably valued at 25 times next year's earnings -- and it could be a great buying opportunity for long-term investors. Why will Coinbase keep growing? From 2020 to 2024, Coinbase's annual revenue rose more than fivefold to $6.6 billion, even though its growth was temporarily chilled by the "crypto winter" of 2022 to 2023. From 2024 to 2027, analysts expect its revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at CAGRs of 12% and 6%, respectively...

- Gold bars, crypto, and cash are fueling new scams. What to watch for. It's easy to believe that we are smart enough to avoid being scammed. But an FBI investigation just helped shut down an international scheme that has been in the works for years, with hundreds of victims losing millions of dollars in gold bars, crypto, and cash. Three call centers in India, believed to be part of the scheme, have been shut down, and six suspects have been arrested and accused of defrauding 660 people in the U.S. of more than $48 million. The operation launched in 2022, with fraudsters impersonating government officials — and yes, of course, tech support. 'They told me they were watching me' Many of the victims who lost their life savings in...

- Jeffrey Epstein Invested in Bitcoin Firm Blockstream, Invited Founder Adam Back to Island Convicted sex offender and financier Jeffrey Epstein invited longtime Bitcoiner Adam Back and his co-founder Austin Hill to visit his island after investing in their Bitcoin technology company Blockstream in 2014, according to newly released files from the U.S. Department of Justice. Back is a British cryptographer best known for inventing Hashcash, a proof-of-work system that later became a core building block of Bitcoin. He's also co-founder and CEO of Blockstream, where he works on Bitcoin infrastructure, cryptography, and scaling technologies. The email exchange began with Epstein asking Hill to call him on April 15, 2014, and providing a...