Crypto News

- While people have been relying on artificial intelligence (AI) for daily tasks for years, it’s recently become much more prevalent in information gathering. Of course, AI tools aren’t perfect, and the information they produce isn’t always accurate. When it comes to topics like investing, you’ll want to take any advice with a grain of salt. You might also want to do your own research or consult a professional to see if any of AI’s proposed investing strategies are right for you. That being said, it is interesting to see how AI assistants differ in their answers — even when given the same prompt. GOBankingRates asked ChatGPT, Grok, Gemini, and Meta which cryptos to invest in for 2026. Here’s what each one said. ChatGPT: Blue Chips...

- Cathie Wood sends blunt message after Bitcoin crashes Every time the crypto market enters a dramatic phase, ARK Invest CEO Cathie Wood is one of the first investors I turn to in order to understand the changing dynamics on the charts. Wood is a veteran investor in the digital assets market. In fact, she claimed that ARK Invest was the first public asset manager to gain Bitcoin (BTC) exposure in 2015. Bitcoin hadn't reached even the $500 price mark in 2015, but it was a significant uptick since its launch in 2009. But Wood's pro-crypto move was met with sharp criticism. However, the confidence seems to have paid off over the years as Bitcoin kept hitting new highs. ARK Invest estimates the cryptocurrency's price will hit $1...

- The cryptocurrency market took a heavy hit on Jan. 31, with Bitcoin (BTC) tumbling below $80,000. At press time, King Crypto fell by 7% in 24 hours to trade at $77,934.46. This is the lowest it has dropped to since April 2025, when a selloff happened right after U.S. President Donald Trump’s “Liberation Day” tariffs. The wider market mirrored Bitcoin’s slump. The total cryptocurrency market capitalization dropped more than 7.9% in the same period to $2.7 trillion. Traders rushed to exit amid the cascade of losses. According to CoinGlass, nearly $2.51 billion in crypto positions were liquidated in 24 hours — including $2.41 billion in longs and $105.19 million in shorts. Solana’s Step Finance confirms $26M hack As if the market...

- El Salvador bought dips in both Bitcoin (CRYPTO: BTC) and gold on Thursday, doubling down on its unique strategy of building reserves in both assets simultaneously. El Salvador Stacks Up Yellow Metal El Salvador’s Central Reserve Bank said it purchased 9,298 ounces of gold worth $50 million, boosting total reserves to 67,403 ounces valued at $360 million. The Banco Central de Reserva said that the acquisition consolidates its “long-term equity” and helps maintain a “prudent balance” in the composition of its foreign reserves. President Nayib Bukele cheered the purchase, writing, “We just bought this other dip.” Bitcoin Buys Continue Uninterrupted The gold purchase coincided with the country’s ongoing accumulation of Bitcoin...

- Strategy Inc. (MSTR) Bolsters Bitcoin Holdings after Shares Sale Strategy Inc. (NASDAQ:MSTR) is one of the stocks with huge growth potential, according to the media. Between January 20 and 25, Strategy Inc. (NASDAQ:MSTR) sold 1,569 million shares of common stock. With the sale, the company generated $257 million in net proceeds. It also sold 70,201 shares of STRC stock, generating $7 million in net proceeds. It has already used the net proceeds to purchase 2,932 Bitcoin, taking advantage of the recent slump in the flagship crypto price. Strategy purchased Bitcoin at an average price of $90,061 for a total of $264.1 million. The company’s treasury has risen to 712,647 Bitcoin, valued at about $54.19 billion at an average price of...

- Fulfilling the Digital Gold Narrative On the morning of Jan. 26, Bitcoin's market cap was $1.7 trillion. It's realistic to imagine this figure could increase tenfold, elevating its market cap to $17 trillion in early 2036, which implies a Bitcoin price of about $880,000 in 2036. The prediction centers on Bitcoin being compared to gold. Gold's value is currently estimated at $35 trillion. It's plausible, in my opinion, that Bitcoin could reach half that value in 10 years. For this to happen, more institutions need to view Bitcoin as a valuable asset. This may be challenging given gold's recent strong performance. Yet, Ark Invest led by Cathie Wood believes Bitcoin will fulfill the digital gold narrative. Set Up for Success in an...

Bitcoin crashes below $80K again as investors panic The cryptocurrency market suffered a massive blow on Jan. 31 as Bitcoin (BTC) crashed below $80,000. BTC fell 5% in a day to trade at $78,479.21 at the time of writing. It's Bitcoin's lowest price crash since April 2025, when the cryptocurrency crashed following U.S. President Donald Trump unleashing "Liberation Day" tariffs. To put things in perspective, Bitcoin's current price is only 5% above the average price at which Strategy (Nasdaq: MSTR), the world's largest Bitcoin treasury company, has purchased the coins, as per the onchain analytics platform Arkham Intelligence. Other cryptocurrencies also crashed following the king coin. Ethereum (ETH) fell around 12% to $2,395.58...

- Crypto Crash: Liquidations Top $2.5 Billion as Bitcoin, Ethereum and XRP Prices Plummet Crypto prices extended their recent decline Saturday, with top assets like Bitcoin, Ethereum, and XRP plunging to prices not seen in several months or more, with liquidations continuing to climb throughout the day. Bitcoin is down 8% over the last day at a recent price of $77,195, according to CoinGecko, marking the lowest price seen in nine months and extending its weekly slide to over 13%. The price of the top cryptocurrency has fallen nearly 39% since peaking above $126,000 in October. Meanwhile, Ethereum is showing a much harder hit, falling 13% on the day to a recent price of $2,362 and now down 20% over the last week. The second-largest...

Bitcoin Falls Below $80,000, Down 5% Over Past 24 Hours Bitcoin (CRYPTO: BTC) experienced a significant drop, falling below the $80,000 mark on Saturday. This sharp decline has triggered a widespread crash in the cryptocurrency market. On January 31, Bitcoin’s value plummeted by 5% within a span of 24 hours, trading at $78,479.21. This downfall had a domino effect on other cryptocurrencies as well. Ethereum (ETH) dropped around 12% to $2,395.58, BNB by 8% to $779.57, XRP by 11% to $1.56, and Solana (SOL) by 11% to $103.44. The total market cap of the crypto market also suffered, declining by over 6% to $2.73 trillion. In just five hours, over $100 billion of market cap disappeared. Data from CoinGlass revealed that crypto positions...

- There's one glorious cryptocurrency that has skyrocketed nearly 23,000% in the past 10 years. That gain surely isn't going to repeat in the future. But the digital asset is currently trading 28% below its all-time record from October last year, putting it in a bear market. Should you buy the dip? I believe the answer is a resounding, "Yes!" This crypto has dominated the industry since day one If you're new to the wild world of cryptocurrencies, or even a seasoned veteran looking to invest, the smart move is to look at the leading name in the industry. And that's Bitcoin (CRYPTO: BTC), especially since it's trading well off its peak. Its first-mover advantage gives it the strongest brand recognition. I bet if you ask 100 random...

- Binance's CZ: Metals Drop Proves Any Asset Vulnerable To Swings, Bitcoin Is 'Still Early' In the wake of a significant drop in gold and silver prices, Binance founder Changpeng Zhao has offered his insights on the future of Bitcoin (CRYPTO: BTC). On Friday, gold and silver saw a drastic decrease in their prices, with gold plummeting by approximately 15% and silver by nearly 38%. This resulted in a loss of around $15 trillion in combined market value. This unexpected price drop, referred to as a “black swan” event, has ignited conversations within the crypto community, with many speculating on Bitcoin’s long-term potential in comparison to these physical assets. Zhao joined the discussion, pointing out that such severe price...

- Bitcoin price has dropped below $80,000 for the first time since April 2025. Yet, its performance has still outpaced gold. While BTC dropped alongside broader risk assets, the losses were notably smaller than those seen in precious metals. This relative strength drew attention from new market participants. Many investors viewed the pullback as an opportunity to accumulate Bitcoin at discounted levels. Bitcoin Drops below $80K, But Beats Gold Gold faced a sharp sell-off as the week came to a close. Between Thursday and Friday, the precious metal plunged nearly 10%. During the same period, Bitcoin declined by about 5.6%. This contrast highlights shifting investor preferences during market stress. Although gold is traditionally seen...

- Bitcoin falls below $80,000, continuing decline Jan 31 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 1748 GMT on Saturday. On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, after former Federal Reserve Governor Kevin Warsh was selected as the next Fed chair. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/bitcoin-falls-below-80-000-180248860.html

- Binance Campaign Triggered October Crypto Collapse, Says OKX CEO Months after more than $19 billion was liquidated in crypto bets and the digital asset market is yet to really recover. Now, CEO of crypto exchange OKX, Star Xu, has said that Binance partly bears responsibility for the wipeout. “No complexity. No accident,” Xu wrote on X Friday. “10/10 was caused by irresponsible marketing campaigns by certain companies.” “As the largest global platform, Binance has outsized influence — and corresponding responsibility — as an industry leader,” he added, claiming that an attractive stablecoin yield offering from Binance led to the cascade of liquidations. Bitcoin and other digital assets have struggled to make gains since...

- Investors Pull Nearly $818 Million From Bitcoin ETFs as Cryptocurrency Tanks Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) experienced a substantial one-day reversal last week, with investors pulling out nearly $818 million as Bitcoin’s price plummeted to a nine-month low. Data indicated that Bitcoin ETFs registered net daily outflows of $817.87 million on January 29, pushing January into an overall negative zone. However, the cumulative net inflows since the inception of Bitcoin ETFs remained significant at $55.52 billion. The largest product by assets, BlackRock’s iShares Bitcoin Trust (NYSE:BLK), led the day’s withdrawals with $317.81 million in net outflows. Other notable outflows included Fidelity’s FBTC (NYSE:FNF) with...

- India Faces Pressure to Rethink Crypto Taxes Ahead of Union Budget as Trading Shifts Offshore As India approaches this year's Union Budget, policymakers are under pressure to reassess the country’s punitive crypto tax framework amid capital flight to offshore platforms, raising questions about lost tax revenue and weakened regulatory oversight. Indian crypto users execute nearly three-quarters of their crypto volume offshore, around $6.1 billion (₹51,252 crore), with just 27.33% remaining on domestic platforms, according to a report from crypto tax platform KoinX. Finance Minister Nirmala Sitharaman is set to present her ninth consecutive budget on Sunday, a first in over two decades, with the crypto industry watching for relief...

Trump’s New Pro-Bitcoin Fed Chair Named in Latest Epstein Files Kevin Warsh, President Donald Trump’s newly nominated pick to lead the US Federal Reserve, has appeared in the latest batch of Jeffrey Epstein-related documents released by the Department of Justice this week. The disclosure comes just one day after Trump confirmed Warsh as his choice to replace Jerome Powell as Fed chair in May, setting off political backlash and renewed scrutiny of elite figures named in the long-running Epstein case. Warsh Named in Epstein Email, No Allegation of Wrongdoing According to multiple confirmed reports, Warsh’s name appears in a single email from a publicist to Epstein, listing 43 people invited to a Christmas gathering. The email includes...

- Investing in new technologies, like Bitcoin (CRYPTO: BTC), introduces a huge amount of risk and uncertainty. But betting on this cryptocurrency has clearly worked out well, with the price up an unbelievable 21,810% in the past 10 years (as of Jan. 26). It's still a smart idea to understand the bear case. If you're a current or prospective Bitcoin "HODLer," here are the five biggest risks you can't afford to ignore. Even after knowing them, I remain bullish on the digital asset. Regulatory While this risk seems mitigated since the U.S. is fully embracing Bitcoin, stringent government actions, like heavily taxing Bitcoin transactions, can make it less appealing of an asset to own. And regulators, who support traditional banking...

- President Trump on Friday announced Kevin Warsh as his nominee to succeed Jerome Powell as Chair of the Federal Reserve, yet Bitcoin (CRYPTO: BTC) plunged below $83,000 on the news. Warsh Nomination Shifts Macro Interpretation Technical analyst Kyledoops said a Warsh-led Fed would fundamentally change how markets interpret policy signals, given his reputation as an inflation hawk and strong-dollar advocate. "If Warsh even hints at easing, it would be taken as genuinely meaningful," Kyledoops noted, adding that such signals could reprice the dollar, yields, risk assets and Bitcoin. He emphasized that markets trade perception as much as policy, and leadership often shapes that narrative. Trump's announcement appeared to cool...

A cryptocurrency investor has lost 4,556 Ethereum, valued at approximately $12.4 million, after falling victim to a sophisticated "address poisoning" attack. Specter, a pseudonymous blockchain analyst, reported that the theft occurred roughly 32 hours after the attacker "dusted" the victim's wallet with a nominal transaction. How a Fake Look-Alike Address Cost an Ethereum Holder Millions According to Specter's on-chain analysis, the attacker spent two months monitoring the victim's transaction activity. During this period, the hacker specifically identified a deposit address used for OTC settlements. The attacker employed vanity address generation software to engineer a look-alike wallet. This fraudulent address shared the exact...