Crypto News

- Altcoins are starting February with mixed signals as selective tokens show strength despite broader market uncertainty. Key network upgrades, unique market positioning, and strong technical momentum are shaping short-term opportunities. BeInCrypto has analysed three such altcoins to keep on the radar during the first week of February. Zilliqa (ZIL) Zilliqa is a token to watch as its network prepares for a major upgrade this week. The Cancun upgrade will activate on the mainnet through a hard fork. The update aims to improve communication speed and offer finer-grained control, potentially boosting investor interest and short-term demand. ZIL price may benefit if the upgrade drives a demand surge. The altcoin is trading within a...

- Binance Initiates $100 Million Central Bank-Style Market Support As Bitcoin Bleeds Binance has executed the first Bitcoin purchase under its newly announced $1 billion SAFU conversion plan, acquiring 1,315 BTC, valued at approximately $100.7 million. The purchase comes as markets struggle through another bout of heavy selling pressure. Binance Makes a $100 Million Move That Looks a Lot Like Central Bank Intervention On February 2, on-chain data confirmed that the Binance SAFU Fund address received 1,315 BTC worth $100.7 million. It marks the first completed tranche of the exchange’s plan to convert its Secure Asset Fund for Users from stablecoins into Bitcoin over a 30-day period. Binance later confirmed the transaction, stating...

- Digital asset investment products recorded a second straight week of heavy outflows, shedding a combined $1.7 billion as investor sentiment toward the sector continued to deteriorate. Key Takeaways The latest withdrawals have fully reversed year-to-date inflows, pushing net global flows to a $1 billion outflow, according to a recent report from CoinShares. The renewed selling comes as markets adjust to a more hawkish U.S. Federal Reserve outlook, ongoing large-holder distribution linked to the four-year crypto cycle, and rising geopolitical uncertainty. Crypto Fund Assets Drop $73B Since Peak as US Leads Outflows Since peaking in October 2025, total assets under management across crypto investment products have fallen by roughly...

- Prediction market participants on Polymarket are assigning a 71% probability that Bitcoin will drop below $65,000 in 2026, as the crypto traded around $75,000 following a weekend sell-off that pushed it to nine-month lows. The bearish sentiment reflects a convergence of technical indicators, underwater ETF positions, and analyst warnings that the market has entered a sustained downturn rather than a temporary correction. Multiple analysts now point to support zones between $62,000 and $65,000 as critical tests for Bitcoin’s trajectory, with some warning that a break below these levels could trigger an extended bear phase reminiscent of previous cycle downturns. The prediction market data aligns with growing concerns from both...

- South Korea Deploys AI To Hunt Unfair Crypto Trades: Violators Risk Life Prison South Korea is moving deeper into algorithmic enforcement of its cryptocurrency markets as financial authorities roll out artificial intelligence tools to detect and act on unfair trading. A report by a local outlet stated that the Financial Supervisory Service has begun upgrading its virtual asset trading analysis platform, known as VISTA, to incorporate advanced AI capabilities aimed at identifying market manipulation more quickly and comprehensively. VISTA, which is already used as a core investigative tool, analyzes large volumes of trading data, automatically calculates abnormal indicators, and visualizes trading patterns to support enforcement...

- Five years ago, Polkadot (CRYPTO: DOT) was a high-flying cryptocurrency that ranked among the largest in the world. But how times have changed. Polkadot no longer ranks among the top 30 cryptocurrencies and has fallen off the radar of most crypto investors. So, is it worth taking a closer look at Polkadot? At a bargain price of just $1.84, surely Polkadot must be an underrated crypto, right? An ugly five-year chart The answer, unfortunately, is no. Just one look at Polkadot's five-year chart tells you all you need to know. After hitting an all-time high of $55 back in November 2021, Polkadot soon cratered in value. Over the past three years, the price of Polkadot has largely flatlined, with nary a recovery in sight. Polkadot now...

- Crypto markets are starting to see a new kind of participant. OpenClaw, an autonomous artificial intelligence (AI) agent platform, is moving from observation to execution, engaging directly with on-chain systems in ways that were previously reserved for human users. As activity from these agents expands across multiple networks, their role in the market is becoming harder to ignore. What Is OpenClaw? OpenClaw is an open-source autonomous AI assistant that emerged in late 2025. It has since captured the attention of both tech and crypto communities. Created by developer Peter Steinberger, the project was initially released under the name Clawdbot. As its popularity exploded on GitHub and social networks, the project underwent a...

- A severe sell-off over the weekend that wiped about $250 billion off the cryptocurrency market has rekindled speculation that the digital assets are in a structural failure or merely responding to macro stressors. Though all prices in the industry have tumbled ferociously, market analysts claim that it is a contraction of the U.S. liquidity situation and not a collapse of crypto markets. Raoul Pal, founder and CEO of Global Macro Investor, said that a temporary lack of U.S. dollar liquidity is triggered by a series of macro events, such as repeated government shutdowns, Treasury cash management dynamics, and a vacuum of risk capital. Bitcoin’s Drop Mirrors Tech Stocks as Liquidity Tightens, Pal Says In a post published on X over...

- Bitcoin Supercycle 2026 Cancelled! — Changpeng Zhao (CZ) Explains Why Key Takeaways Changpeng Zhao, widely known as CZ, who recently predicted a Bitcoin “supercycle” for 2026, has backtracked on this claim following growing criticism and market turbulence. During a weekend AMA session addressing widespread FUD (fear, uncertainty, and doubt), CZ explained that the crypto market may not experience a supercycle anytime soon. He pointed to the heavy influence of misinformation circulating across platforms like Crypto Twitter, which has amplified market fear and contributed to sudden liquidations. From Optimism to Caution Earlier, CZ had expressed strong confidence in a multi-year bull run driven by institutional adoption, clearer...

- Bitcoin slipped below the closely watched $80,000 level over the weekend after markets digested confirmation that Kevin Warsh will become the next chair of the Federal Reserve, triggering a wave of deleveraging across crypto markets, according to analysts at QCP Asia. Key Takeaways: In a Monday market note, QCP said bitcoin briefly fell to around $74,500 after breaking key technical support, while ether dropped below $2,170. The sell-off sparked more than $2.5 billion in liquidations of leveraged long positions, intensifying downside pressure at a time when sentiment was already fragile due to persistent outflows from US spot Bitcoin ETFs. Warsh Fed Pick Spurs Risk-Off Move Across Markets Risk aversion following the Warsh...

- No Relief For Crypto Investors As India Retains Current Crypto Tax In Budget 2026 India's crypto investors will get no respite from one of the world's harshest digital asset tax regimes, as Finance Minister Nirmala Sitharaman on Sunday left the punitive 30% tax rate and 1% Tax Deducted at Source (TDS) unchanged in her ninth consecutive Union Budget presentation. The decision to maintain the status quo on crypto taxation, first introduced in February 2022, dashes industry hopes for relief from a framework that has driven nearly three-quarters of India's $6.1 billion (₹51,252 crore) in crypto trading volume to offshore platforms. The 2022 regime imposed a flat 30% tax on virtual digital asset income with zero deductions except...

- SEC and CFTC Launch “Project Crypto” to Unite US Regulation The SEC and CFTC are turning “Project Crypto” into a single rulebook for how the United States polices digital-asset markets. The US Securities and Exchange Commission and the Commodity Futures Trading Commission have formally reshaped Project Crypto into a joint effort to align federal oversight of digital-asset trading. Agency chairs Paul S. Atkins and Michael S. Selig confirmed the shift this week in Washington, D.C. Both agencies outlined the plan in speeches on 29 January 2026, followed by a legal brief released on 30 January. How Will Project Crypto Change US Crypto Regulation? The goal is simple: cut down on overlapping rules and ease uncertainty as Congress...

- The recent Bitcoin price crash over the past week has caught institutional players off guard. Strategy, formerly MicroStrategy, the largest corporate Bitcoin treasury holder led by Michael Saylor, is now sitting on more than $1 billion in unrealized losses as BTC fell below $75,000. At the same time, spot Bitcoin ETFs have recorded heavy outflows, with BTC trading well below their average cost basis. Strategy Faces $1 Billion Loss on Bitcoin Holdings Amid the sharp Bitcoin price correction, Michael Saylor’s Strategy is sitting on over $1 billion in unrealized losses across its 712,647 BTC holdings. This has raised concerns among MSTR investors about potential volatility and liquidation risks ahead. As of now, Strategy’s average...

- Japan’s Largest Wealth Manager Scales Back Crypto After Q3 Losses Nomura Holdings is tightening risk controls at its European crypto subsidiary after recording third-quarter losses, marking a cautious retreat from digital assets amid mounting pressure from market volatility. The move comes as Bitcoin broke below $80,000 over the weekend and firms holding large digital asset reserves report billions in unrealized losses. According to Bloomberg, shares of the Tokyo-listed firm tumbled 6.7% on Monday, the biggest intraday decline in more than nine months, after net income dropped 9.7% year-over-year to ¥91.6 billion ($590 million) for the quarter ended December 31. However, Hideyasu Ban, a senior analyst at Bloomberg Intelligence...

- Is this just another manic Monday? Crypto today is far from a routine, market wobble, everyone pretending this was part of the plan, and bullish news everywhere still. From record-breaking crypto liquidation and some calling off the incoming supercycle, February opened with all the subtlety of a margin call at 3 a.m. As crypto liquidation stacks up and Ether USD flirts with a psychological cliff, traditional safe havens have started a bad downtrend, too. Gold faceplanted, dropping 4.5% today alone and more than 17% from its all-time high just a few days ago. Gold is now sitting at the $4,600 level per ounce, wiping close to $2 trillion off its implied market cap today. I mean, if an asset that’s been worshipped since Roman times...

- Why Is Crypto Down Today? – February 2, 2026 The crypto market is down today again. It started the week by falling 2.9% over the past 24 hours and pulling back to $2.65 trillion. Moreover, 91 of the top 100 coins saw their prices decrease in this period. The total crypto trading volume stands at $199 billion, a similar level seen in the previous days. Crypto Winners & Losers The week, and the month for that matter, began in the red. On Monday morning (UTC), all top 10 coins per market capitalization have seen their prices drop. Bitcoin (BTC) fell by 2.1%, currently trading at $76,472, while Ethereum (ETH) is down 7.2%, changing hands at $2,225. Lido Staked Ether (STETH) also saw a substantial drop of 7.7%, standing at $2,224. XRP...

- Dogecoin Founder Rejects Vitalik Buterin’s Creator Token Proposal Vitalik Buterin, the co-founder of Ethereum blockchain network, recently proposed a new creator token model that combines decentralized autonomous organizations (DAOs) with prediction market mechanisms. The model is designed to reward content that is likely to succeed, giving creators tools to engage their audience while making sure that backers have a stake in quality outcomes. The Dogecoin founder, Billy Markus, however, has countered Buterin’s proposal, calling the creator coins “dead tokens” and highlighting skepticism around their long-term viability. Vitalik Buterin Proposes a Shift in Creator Token Economy Ethereum co-founder Vitalik Buterin has proposed a...

- Average Bitcoin ETF Investor Turns Underwater After Heavy Outflows Bitcoin is trading below the average cost basis of US spot Bitcoin exchange-traded funds after the products recorded their second- and third-largest weekly outflows on record last month, according to research from Alex Thorn, head of research at Galaxy. Key Takeaways: US spot Bitcoin ETFs now manage roughly $113 billion in assets and collectively hold about 1.28 million BTC, according to BiTBO. That puts the average purchase price for ETF-held Bitcoin at approximately $87,830 per coin, well above current market levels. Bitcoin Slides to Nine-Month Low, Leaving ETF Buyers Underwater Bitcoin fell about 11% over the weekend, sliding from near $84,000 to a...

- The value of cryptocurrency stolen through exploits and scams surged to $370.3 million in January 2026, marking the highest monthly total in 11 months and a sharp increase from the same period a year earlier, according to data from blockchain security firm CertiK. Key Takeaways: CertiK said that while at least 40 exploit and scam incidents were recorded during the month, the bulk of the losses stemmed from a single case. One victim reportedly lost around $284 million in a large-scale social engineering attack, highlighting how individual incidents can heavily skew monthly figures. Phishing Drives $311M in Crypto Losses as January Theft Surges Phishing scams were the dominant vector overall, accounting for $311.3 million of the...

- Jim Cramer Explains the Hidden Forces Behind Bitcoin’s Tumult after $80,000 Broke CNBC host Jim Cramer has turned his attention to Bitcoin once again, raising questions about the pioneer crypto’s stability and the willingness of its supporters to defend key price levels. His remarks come after Bitcoin’s flash crash below the $80,000 psychological level over the weekend. Bitcoin’s $80,000 Breach Highlights Fragile Support and Price Volatility As of this writing, Bitcoin was trading at $76,511, down 2% over the last 24 hours. It follows a crypto market bloodbath over the weekend, with Ethereum and altcoins reflecting similar sentiment. In a series of posts on X (Twitter) over the weekend, Cramer highlighted Bitcoin’s recent drop...