Crypto News

- Key Takeaways Bitcoin’s long-awaited rebound is failing to materialize — and Galaxy Digital is sounding the alarm. With BTC struggling to hold ground near $78,000, Galaxy Digital’s Head of Firmwide Research, Alex Thorn, says the market may not be done falling. In a recent assessment, Thorn warned that Bitcoin could drift lower toward the $58,000 region, a move that would represent a deep but historically familiar correction. Despite improving conditions in equities and commodities, Bitcoin has failed to regain bullish momentum. Instead, technical weakness and fragile investor sentiment are beginning to dominate the narrative. Bitcoin Could Crash to $58,000 According to Thorn, Bitcoin’s current drawdown fits a broader pattern of...

- So yesterday was just another manic Monday after all. Yesterday, we woke up to red candles, bad vibes, and a pit in our stomachs as the weekend chewed through liquidity. Yesterday was bad and sad. But today, we are happy, Bitcoin price clawed back 3% to the high $78K level while Ethereum jumped close to 5%. Why is crypto up today? Oversold conditions are likely the answer; it always snaps back. Look at it this way, after a heavy weekend of selling, buyers stepped in for a classic intervention, then the bounce draws retail inflows, always the same playbook. Whales accumulated into weakness as we panicked. Why is Crypto Up? Bitcoin Price and Ethereum Price Find Their Footing So what did happen from a technical standpoint? Bitcoin...

- Crypto’s Evolution and the Industry's Challenges For many, US President Donald Trump has been hugely beneficial to the crypto industry. He has issued several crypto-friendly executive orders, stacked the Securities and Exchange Commission with a handful of pro-business commissioners, and signed landmark stablecoin legislation into law. Equally, these developments have inspired large banks and fintech companies to expand into the space like never before. Still, suggests Friederike Ernst, a co-founder of Gnosis, the regulatory wins and merging with traditional financial institutions belie the technology’s true potential. Gnosis built and designed the Ethereum-based sidechain, Gnosis Chain; developed the multi-signature crypto...

- Bitcoin’s sharp late-January sell-off has intensified debate over whether the market is approaching a cyclical bottom—or merely entering the next leg lower. According to Galaxy Digital’s head of research, Alex Thorn, recent price action suggests downside risks remain elevated, with Bitcoin potentially drifting toward long-term technical support levels in the weeks or months ahead. Galaxy Digital Warns Bitcoin Could Drift Toward Long-Term Support Near $58,000 In a research note sent to Galaxy clients, Thorn said the Bitcoin price is likely to drift lower, towards $70,000, then potentially down to the 200w MA (approximately $60,000) over the next weeks or months. Bitcoin fell roughly 15% between January 28 and January 31, with a...

- German Bank ING Deutschland Opens Retail Access to Crypto-Linked ETNs ING Deutschland has opened retail access to cryptocurrency-linked exchange-traded notes (ETNs), allowing customers to gain exposure to Bitcoin, Ethereum, and Solana through its securities platform. Key Takeaways: The products are physically backed ETNs issued by established providers including 21Shares, Bitwise, and VanEck. The notes track the performance of individual cryptocurrencies and are traded on regulated exchanges via ING’s Direct Depot service, integrating crypto exposure into a traditional brokerage setup. ING Aims to Lower Barriers With Bank-Integrated Crypto ETNs ING said the offering is designed to reduce friction for retail investors by relying...

- Germans can now buy bitcoin, ether, solana products directly from their ING accounts ING Deutschland, Germany's largest retail bank, now lets customers buy crypto products tracking bitcoin (BTC), ether (ETH), and solana (SOL) right from their bank-linked securities accounts. These products are real crypto-backed exchange-traded products issued by heavyweights like 21Shares, Bitwise and VanEck, the bank's website says, adding that these alternative investment vehicles mirror coin moves and trade on legit exchanges via the bank's Direct Depot setup. The Depot is a securities account offered by ING-DiBa, allowing users to trade stocks, ETFs, and funds and designed for online, self-directed investors. The website describes these...

- Bitcoin got off to a rough start in February as negative sentiment persisted and market liquidity weakened. However, the latest data suggests that selling pressure is gradually easing, while early signs of recovery are emerging. These signs are not yet strong enough to confirm a reversal, but they remain some of the few positive signals in this phase. 3 Reasons Bitcoin Could Soon Recover From Below $80,000 A recent report noted that crypto funds saw $1.7 billion in outflows last week. This reversed year-to-date inflows into net losses. Still, early indicators suggest that selling pressure may be fading. This is evident in the Coinbase Premium Index, which measures the price difference between Bitcoin on Coinbase and other...

- Bitcoin's (BTC) price sell-off has paused in the last 24 hours. However, prospects for a long-lasting recovery look dimmer as the dollar index springs back to life, threatening to squeeze crypto prices. Prices for the leading cryptocurrency by market value have stabilized between $75,000 and $80,000 after a weekend decline that saw valuations drop from $85,000 to under $75,000. Some observers are pinning hopes on futures market dynamics to trigger a recovery above $80,000. While that's possible, sustainability is called into question as the dollar index, which tracks the greenback's value against major fiat currencies, is buoyant. Some experts expect the dollar to stay bid in the near term. A stronger dollar raises the opportunity...

- Bitcoin ETF Investors Face 8% Losses as $3 Billion Exits Market in Two Weeks US spot Bitcoin ETF buyers are essentially the very investors expected to provide a stable, long-term bid for the pioneer crypto. However, data shows that these players are now sitting on mounting unrealized losses, with little sign of fresh demand stepping in to reverse the trend. Against this backdrop, Bitcoin’s slow grind lower is exposing a fault line at the heart of its post-ETF era. ETF Investors Underwater as Bitcoin Slips Below the $84,000 Cost Basis According to on-chain data from Glassnode, the average entry price for US spot Bitcoin ETF investors stands at roughly $84,100 per BTC. With Bitcoin trading near $78,657 as of this writing, after...

- Asia Stocks, Gold Rebound; Bitcoin’s Weekly Loss Doubles Gold’s Asian equities and precious metals staged a sharp recovery on Tuesday after their steepest two-day drop since April, but Bitcoin continues to lag in its recovery. The divergence highlights a persistent trend since late 2025: traditional assets continue to attract capital while crypto struggles to keep pace. Asian Markets Post Strong Gains The MSCI Asia Pacific Index advanced 2.2%, erasing most of Monday's losses. South Korea's KOSPI led the region with a surge of over 5.63%, followed by Japan's Nikkei 225 at 3.90% and India's Sensex at 2.70%. South Korea, which market analysts describe as the world's best-performing stock index this year, saw its market rebound after...

- Bitcoin’s latest sell-off is sharpening a familiar market debate over whether the move reflects short-term positioning and liquidity stress, or signals a deeper erosion of Bitcoin’s thesis as a store of value. Analysts broadly agree the drawdown is cyclical rather than structural but diverge on what comes next and whether Bitcoin is still positioned to absorb capital rotating out of traditional refuges amid macro uncertainty and dollar strength. After Friday’s sharp reversal in metals, when gold slid, and silver posted one of its steepest single-day drops in decades, Bitcoin held relatively steady. Some observers began reassessing whether the recent metals trade had become crowded. Bitcoin has since found a temporary footing, up...

- Bitcoin traded near $78,000 early Tuesday as Asian markets regained their footing after a bruising stretch of volatility in precious metals, with traders taking some comfort from a sharp pickup in US factory activity overnight. Equities across the region pushed higher. Japan’s Nikkei jumped 2.5% to claw back Monday’s losses, South Korea’s KOSPI rose 4%, and futures pointed to a rebound in Hong Kong, as investors stepped back into risk after last week’s whipsaw. US markets also looked steadier at the open, with S&P 500 futures up 0.3% as traders lined up for a busy run of earnings in the next few sessions. Market snapshot Liquidations Mount As Sentiment Turns Against Leverage Crypto, though, still carried the scars of the recent...

- Crypto bear market is nearing end, with $60K as key bitcoin floor, Compass Point analysts say The crypto market may be closing in on the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk-off event to push bitcoin (BTC) significantly lower. “While near-term risk remains skewed to the downside, we believe we're approaching the final innings of the crypto bear market,” analysts wrote in a report Monday. “Further downside would likely require a U.S. equity bear market.” Their base case calls for bitcoin to bottom between $60,000 and $68,000, a zone where long-term holders have shown buying conviction in past cycles. “We see very strong support within this range and our base case assumes BTC...

- At $76K, Strategy’s Average Cost Meets Bitcoin’s Current Price Bitcoin's brief dip below $76,000 this week triggered a 7% drop in Strategy's stock price. It exposed a structural reality that markets can no longer ignore: the company's entire 713,502 BTC position now sits precisely at its cost basis. This stark reality transforms what was once a corporate treasury bet into a market-defining reference point. When Size Becomes Structure Strategy, formerly MicroStrategy, has accumulated approximately 3.57% of Bitcoin's total supply. This concentration means the company has evolved from being a large holder to becoming part of the market structure itself. The numbers underscore this transformation. As of February 1, Strategy holds...

- CZ pushes back against Binance 'FUD' as blame game for crypto crash persists Binance co-founder Changpeng "CZ" Zhao took to social media on Monday to counter a series of allegations he called "pretty imaginative FUD" aimed at himself and his former exchange as the main culprit for the dismal crypto price action. FUD — short for “fear, uncertainty, and doubt” — is a term widely used in crypto to describe the spread of false, misleading or exaggerated information that sows panic in the market. It has also been used to dismiss criticisms, even legitimate ones, that might affect companies. In a Monday X post, CZ addressed several narratives: speculation that Binance dumped bitcoin to trigger this weekend's selloff below $75,000...

- Why Nobody's Talking About the Bitwise Crypto Industry Innovators ETF (But They Should Be) When it comes to crypto exchange-traded funds (ETFs), investors now have plenty of options. The most popular ETFs are those that focus on a single cryptocurrency, such as Bitcoin and Ethereum. However, a growing number of high-upside crypto ETFs offer much broader diversification. For example, consider the Bitwise Crypto Industry Innovators ETF, which launched back in 2021. It offers exposure to companies leading the new crypto economy, but it does not invest directly in cryptocurrencies themselves. Can any asset outperform Bitcoin? There's a good reason the Bitwise Crypto Industry Innovators ETF does not get the attention it deserves...

- Will GameStop Dump Its Bitcoin? CEO Says ‘Way More Compelling’ Move Ahead GameStop’s love affair with Bitcoin may be coming to an end. On Friday, CEO Ryan Cohen said the company is pivoting the meme-stock pioneer toward a “transformative” acquisition, suggesting the company’s roughly $500 million Bitcoin treasury may no longer be a permanent fixture on the balance sheet. In a CNBC interview, Cohen declined to say whether GameStop plans to cash out its Bitcoin. Still, when asked how the company would fund future deals, Cohen described GameStop’s acquisition ambitions as “way more compelling than Bitcoin.” “It’s transformational. Not just for GameStop, but ultimately, within the capital markets,” Cohen told CNBC. “This is something...

- "Epstein Files Show Email Flagging Coinbase’s 2019 Crypto Controversy" Newly released Epstein files show that Jeffrey Epstein received an email in March 2019 highlighting what was described as a “massive controversy” surrounding Coinbase and its acquisition of blockchain analytics firm Neutrino. The email, dated March 12, 2019, was sent by Richard Kahn, a New York–based finance consultant who appears repeatedly in the files as a source of forwarded news and analysis. The subject line references claims attributed to the CEO of Kraken and mentions Ripple’s XRP alongside Neutrino. How a 2019 Crypto Crisis Landed in Epstein’s Inbox The timing of the message aligns with the widely reported backlash against Coinbase following its...

- Over the last three months, crypto exchange stocks have dropped massively due to the collapse in trading activity on centralized platforms, leaving questions about whether the industry is almost at the bottom of another decline or is just entering the most challenging phase yet. Stocks of large exchange operators are low by 40-60% since October, as the market traces a dramatic drop in spot trading volumes that has wiped out much of the historic gains made earlier last year. Newhedge data indicate that centralized exchange spot trade volumes were the highest in January 2025 and then in October, when the overall monthly activity rose to approximately $2.3 trillion. Crypto Spot Volume Falls Nearly 90% From October Peak Binance...

- Robinhood Markets (NASDAQ:HOOD), provides commission-free trading of stocks, ETFs, options, and cryptocurrencies. The stock closed Monday at $89.91, down 9.62%. The decline followed weakness in Bitcoin (CRYPTO:BTC) and other cryptocurrencies, raising concerns about softer crypto trading volumes and risk appetite among Robinhood’s retail users. Investors are watching how prolonged digital-asset volatility affects transaction-based revenue. Trading volume reached 59 million shares, coming in about 136% above its three-month average of 25 million shares. Robinhood Markets IPO'd in 2021 and has grown 158% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) added 0.54% to finish Monday at 6,976, while the Nasdaq...