Crypto News

Bitcoin price slumps after investors fast cash out of ETFs to avoid risk Bitcoin’s price is down nearly 7% over the past week after US investors cashed more than $1.3 billion out of exchange-traded funds giving exposure to the leading digital coin. The price of Bitcoin recently stood at $89,225, a drop of 1% over a 24-hour period. Investors cashed out every single day this week from US funds, according to Farside Investors data. Bitcoin traded higher last weekend — briefly touching $95,419 — before dropping hard on US President Donald Trump’s renewed tariff threats. The US leader reiterated the US’ claim on Greenland Wednesday and said he’d hit European allies with trade tariffs, spooking markets and spurring an immediate sell-off...

- These Crypto ETFs Offer High-Return Potential with Significant Risks Key Points Both the VanEck Bitcoin ETF (NYSEMKT:HODL) and Bitwise Crypto Industry Innovators ETF (NYSEMKT:BITQ) offer access to the crypto economy, but they approach it in fundamentally different ways. HODL provides direct Bitcoin (CRYPTO:BTC) price exposure, whereas BITQ invests in companies tied to the crypto ecosystem, from miners to exchanges. This comparison unpacks how their costs, returns, and risk features stack up for investors considering either route. Snapshot (Cost & Size) Beta measures price volatility relative to the S&P 500. BITQ charges a notably higher expense ratio than HODL, making HODL the more affordable option. Performance & Risk...

- Spacecoin launches SPACE token just days after partnering with Trump family-linked DeFi project Spacecoin, a decentralized physical infrastructure network (DePIN), has launched its SPACE token. This marks a key step in the company’s plan to create a decentralized satellite internet network, shortly after partnering with the Trump family-linked decentralized finance project, World Liberty Finance. The token is now live across centralized exchanges, including Binance, Kraken, and OKX, as well as on decentralized platforms such as PancakeSwap and Uniswap. The token’s price is down around 12.2% since its launch, with a fully diluted value of $357 million at the time of publication. Spacecoin's move follows its recent partnership with...

- Bitcoin Price to Hit $180,000 if It Overcomes This Hurdle, Analyst Says Fears of quantum computing breaking Bitcoin’s encryption continue to plague Bitcoin investors. Eliezer Ndinga, global head of research at 21Shares, suggests that unless developers address this concern, Bitcoin won’t enjoy a rally anytime soon. If developers act, it’s clear skies. “If we get past the quantum threat, then Bitcoin can go to $180,000,” Ndinga mentioned. For now, “it’s a cloud in the air.” More market watchers are pointing out quantum computing as Bitcoin’s most pressing threat. Sergio Ermotti, CEO of Swiss investment bank UBS, stated that Bitcoin needs to prove itself against quantum computing. Similar comments have been made by Ray Dalio and...

- Here's what bitcoin bulls are saying as price remains stuck during global rally It’s no secret that bitcoin (BTC) is currently failing its many narratives, including the claim that it can serve as an inflation hedge or a safe-haven asset amid uncertainty. While gold has climbed more than 80% during this period of high inflation, geopolitical skirmishes, and interest rate uncertainty, bitcoin has dropped 14% year over year. In theory, assets that protect against inflation should rise when the value of money falls. For gold and the rest of the precious metals complex, that theory has worked. For digital gold, not so much. That divergence has raised fresh questions: why would anyone buy bitcoin now when precious metals and equities...

- The Securities and Exchange Commission has dropped its lawsuit against Gemini, the crypto exchange founded by twins Cameron and Tyler Winklevoss. The Winklevoss twins were donors to Donald Trump’s re-election campaign and also backed his family’s business ventures. In a joint filing on Friday, the SEC and Gemini asked the court to dismiss the lawsuit, which centered on the collapse of an investment product called Gemini Earn, with some investors losing access to their money for 18 months. New York Attorney General Letitia James' Lawsuit New York Attorney General Letitia James sued Gemini in 2023 and accused the company of defrauding investors. To justify dismissing the SEC’s case, the new filing points to a 2024 settlement...

- GameStop's $420 million bitcoin move sparks speculation of selling Crypto watchers are speculating that video game retailer GameStop (GME) might be the latest firm to abandon its bitcoin (BTC) treasury after moving all its coins to Coinbase this week. Blockchain analytics firm CryptoQuant spotted on Friday that a wallet labeled GameStop had transferred all its stash – some 4,710 BTC, worth about $420 million at current prices – to Coinbase Prime, the U.S.-based crypto exchange's institutional arm. Blockchain data by Arkham Intelligence confirms the transfers. GameStop announced the bitcoin purchase in May. While the company did not disclose how much it spent on the stash, CryptoQuant estimated it invested roughly $504 million at...

Nifty Gateway, the non-fungible token (NFT) trading platform that was once central to the 2021 digital art boom, will shut down on Feb. 23, 2026. Starting immediately, the platform has entered withdrawal-only mode, giving users one month to move any NFTs or funds still on the site, according to an announcement from the company. The website also shows a notice of closing on its homepage. Users can withdraw their funds from the platform through a connected Gemini Exchange account or to their bank via Stripe. The Gemini-owned platform helped bring digital collectibles to a broader audience by simplifying NFT purchases. It was one of the oldest NFT trading platforms and hosted curated “drops” with artists like Beeple and Grimes, and...

- Nifty Gateway, one of the most recognizable platforms to emerge from the NFT boom, has announced it will officially shut down its marketplace on February 23, 2026. Gemini acquired Nifty Gateway in 2019. The Winklevoss-led exchange also provided the regulatory, custody, and security infrastructure that underpinned both the NFT marketplace and its later evolution into Nifty Gateway Studio as a Gemini-backed Web3 creative arm. Nifty Gateway Enters Withdrawal-Only Mode Immediately Effective immediately, the platform has entered “withdrawal-only mode,” urging users to withdraw funds and digital assets before the closure. Nifty Gateway Studio shared the news, confirming that no further trading or new activity will take place on the...

- Partisan concerns The Senate Agriculture Committee published its new draft crypto market structure bill last Wednesday. Why it matters This bill, like its Banking Committee counterpart, aims to reshape the federal regulatory framework to define how regulators like the Commodity Futures Trading Commission and Securities and Exchange Commission will oversee the crypto markets. The question is if it will survive the markup hearing, let alone the full Senate. Breaking it down The new draft is more focused on the CFTC and how it would regulate digital commodities. The Agriculture Committee was expected to produce a more bipartisan effort that would, if not easily sail through a markup, at least prove less contentious than the Banking...

- Key Points Meme coins aren't the place to keep your hard-earned cash when it looks like the market is about to get turbulent due to a toxic cocktail of geopolitical factors. If you hold a little Dogecoin (CRYPTO: DOGE) or Shiba Inu (CRYPTO: SHIB) for fun, that's fine. But, if you hold them with any appreciable amount of capital, it's been time to run for the door for a while now. Here's why. Dogecoin's issuance is a permanent headwind Dogecoin's supply has no ceiling, and new coins enter circulation continuously. Thus, long-term holders need a constant influx of fresh demand to offset this dilution. It's unclear what would generate that demand on a normal day, as the coin has no utility, and there is little hope of ever changing...

- BITGO RAISES $212.8M IN U.S. IPO Institutional demand for crypto custody is reaching the public markets as BitGo (BTGO) listed on the New York Stock Exchange. The firm priced its initial public offering at $18 per share on Thursday, exceeding the marketed range of $15-$17, in the first stock market debut by a digital asset company in 2026. The firm’s stock opened at $22.43 a share, with the listing raising $212.8M and bringing BitGo’s valuation to $2.59B. NYSE DEVELOPS TOKENIZED SECURITIES PLATFORM The New York Stock Exchange, part of Intercontinental Exchange (ICE), announced Monday its development of a platform for trading and on-chain settlement of tokenized securities, for which it will seek regulatory approvals. NYSE’s new...

- WGMI vs. HODL: Same Crypto, Wildly Different Results VanEck Bitcoin ETF (NYSEMKT:HODL) and CoinShares Bitcoin Mining ETF (NASDAQ:WGMI) both tap into Bitcoin's growth, but HODL offers direct exposure to the cryptocurrency while WGMI targets the broader Bitcoin mining ecosystem, with notable differences in cost, risk profile, and diversification. Both funds appeal to investors interested in the Bitcoin space, but their approaches diverge: HODL is a single-asset fund physically backed by Bitcoin, aiming to mirror its price, while WGMI holds a basket of companies generating revenue from Bitcoin mining or related services. This analysis compares their structure, performance, cost, and risk to help clarify which may fit different risk...

- Will the End of the Rules-Based International Order Help Bitcoin or Hurt It? There's a famous quote, often attributed to Russian revolutionary Vladimir Lenin: "There are decades where nothing happens, and there are weeks where decades happen." The past few months have been chock-full of the latter sort of weeks. With that context in mind, Canadian Prime Minister Mark Carney argued at the World Economic Forum in Davos, Switzerland, on Tuesday that the U.S.-led "rules-based international order" created after World War II is now decisively ending, and that the world is moving into a more transactional (and somewhat anarchic) era of power politics. Carney's comments can be seen as marking a clean break with the past, and the globe's...

- Key Points Although Dogecoin (CRYPTO: DOGE) doesn't have much going for it as an investment, it has been one of the most successful cryptocurrencies. It's worth about $21 billion (as of Jan. 22), making it one of the 10 largest coins by market cap. This meme coin has also delivered staggering returns to those who got in early. Here's how much it has grown in the last five years. A Wild Ride for Dogecoin Fans Over the last five years, Dogecoin's value has increased by 1,380%. If you'd invested $1,000 in Dogecoin on Jan. 22, 2021, and held on until Jan. 21, 2026, your DOGE tokens would be worth $14,750. That's better than the return you would've gotten from Bitcoin, Ethereum, XRP, and even tech giant Nvidia. Despite that, you...

Key Points Cryptocurrency values have been falling lately as investors try to gauge geopolitical turmoil, the job market, and the Federal Reserve's independence. Cryptocurrencies are typically more volatile than stocks, so their responses to upheaval lead to even more drastic price swings than equities. Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) haven't been immune to the market's recent turmoil. Bitcoin's price is down 25%, and XRP has slid 46% during the past six months. Investors are looking for safe assets Cryptocurrencies generally thrive when economic conditions are good and interest rates are low. For example, during part of the COVID pandemic, when companies were on a hiring spree, the government was sending out stimulus...

- Las Vegas Valley businesses, from restaurant chains to small juice bars, are embracing Bitcoin payments as mainstream adoption accelerates, with companies avoiding credit card processing fees averaging 2.5% to 3.5% while tapping into a growing customer base actively seeking crypto-friendly merchants. The shift follows Square’s decision to enable roughly 4 million U.S. merchants to accept Bitcoin payments with zero processing fees for a limited time. At Cane Juice Bar and Cafe on Rainbow near Windmill, district manager Tyler Peterson serves fresh-pressed sugar cane juice that customers can pay for with cash, card, or Bitcoin after eight months of crypto implementation. “Bitcoin is getting very popular with mainstream people, not...

- Bitcoin Flat at $89,000, but Charts Warn Buyers Are Losing Ground Bitcoin price has barely moved over the past 24 hours. BTC is trading flat near $89,500, even as weekly losses still sit close to 6%. On the surface, this looks like calm consolidation. Underneath, charts suggest something else. Multiple technical and on-chain signals now point to a standoff. Buyers are trying to delay a larger breakdown, not push a fresh rally. The risk is building quietly, and a lesser-known adversary is starting to matter. Doji-Like Candles and EMA Loss Show BTC Buyers Defending, Not Advancing Over the past three daily sessions, Bitcoin has printed doji-like candles with thin bodies and long wicks. These candles reflect hesitation, not balance...

- Why SKY Is Surging +8% While The Rest of Crypto Bleeds Red? On January 22, Sky’s SKY token rose about +8% in 24 hours, moving against a softer crypto market. SKY, the governance token of Sky Protocol, traded between $0.066 and $0.067 across major exchanges, including Binance, Coinbase, and Kraken. Trading volume over the day ranged from roughly $20M to $40M, while the project’s market value stood close to $1.5Bn. Sky Protocol emerged from the rebrand of MakerDAO and supports the USDS stablecoin. The move came as broader conditions stayed weak. Total crypto market capitalization fell about 2% over the same period, with Bitcoin and Ethereum both trading slightly lower. What Does the $0.0778 Neckline Mean for SKY’s Next Move...

- More than $700M flowed out of US spot Bitcoin ETFs in a single day this week, marking the sharpest pullback in two months. Let’s dive into why is crypto crashing. According to Bloomberg's latest report on January 21, investors pulled roughly $709M from spot Bitcoin ETFs listed in the US. It was the biggest daily outflow since November 20. The exit followed a stretch of market tension sparked by President Donald Trump’s renewed tariff threats against Europe. His comments raised fresh fears of a broader trade conflict and pushed investors out of risk assets across global markets. What Does the Drop in Crypto Market Cap Say About Investor Sentiment? Bitcoin slipped below $88,000 during Tuesday’s sell-off before stabilizing in the...