Cardano founder and former Ethereum co-founder Charles Hoskinson revealed in a livestream called Red Days that his crypto holdings have lost over 3 billion dollars as Bitcoin fell below 66,000 and ADA dropped to 0.25, down 92 percent from its 2021 peak. Hoskinson stressed his commitment to blockchain technology over profit, saying money is not …
The Crypto Fear and Greed Index fell to extreme fear levels of 5-9, the lowest since the June 2022 Terra and FTX crashes, as Bitcoin briefly dropped below $65,000 before recovering. The cryptocurrency saw a single-day decline of over $10,000, wiping out significant market value and triggering widespread liquidations. U.S. spot Bitcoin ETFs recorded $434.1 …
Binance has boosted its Secure Asset Fund for Users by adding $233 million in Bitcoin, acquiring 3,600 BTC, and bringing total holdings to 6,230 BTC, worth approximately $404 million. This marks the third significant purchase in days, totaling nearly $430 million. The move is part of a strategy announced on January 30 to gradually convert …
Brazil’s congressional committee has approved Bill 4,308/2024 to strengthen stablecoin oversight. The law requires all stablecoins to be fully backed by reserves, banning unbacked tokens like Ethena’s USDe and Frax. Issuers of unbacked coins could face up to eight years in prison, and exchanges handling foreign stablecoins such as USDT and USDC must follow strict …
Bitcoin briefly dropped below the $70,000 mark for the first time since November 2024 and is now trading at $70,131, down 5.34% in the past 24 hours. Ethereum also faced heavy selling pressure, sliding to $2,095 after a sharp 6.96% daily decline. Market volatility triggered massive liquidations, with CoinGlass data showing $951 million wiped out …
On February 4, U.S. spot Bitcoin ETFs recorded total net outflows of $545 million, with BlackRock’s iShares Bitcoin Trust (IBIT) seeing the largest single‑day withdrawal at about $373 million. Spot Ethereum ETFs also saw net outflows of $79.48 million, reflecting continued selling pressure in major crypto funds. In contrast, XRP spot ETFs attracted net inflows …
Grant Cardone confirmed that his firm, Cardone Capital, has bought more Bitcoin at around $72,000 per coin, adding to its growing institutional crypto holdings as part of a hybrid strategy that blends real estate cash flow with long‑term BTC accumulation. He used recent announcements to challenge investors waiting for lower prices to buy, telling them …
BitMine Immersion Technologies, led by Tom Lee, is reporting over $7.4 billion in unrealized losses on its 4.285 million ETH holdings, bought at an average of $3,830 per coin, now worth below $2,100, while Ethereum has fallen below current levels. Despite these paper losses, the company continues its Ethereum treasury strategy, adding more ETH during …
U.S. Treasury Secretary Scott Bessent told Congress the government has no power to bail out Bitcoin or force private banks to buy it. In response to questioning by crypto critic Rep. Brad Sherman, Bessent stressed that interventions in Bitcoin markets are not part of the Treasury’s authority. He also confirmed that the U.S. will retain …
Over the past three days, Vitalik Buterin sold roughly 2,961.5 ETH, worth about $6.6 million, at an average price of $2,228 per coin, with selling still ongoing. On-chain data from his Gnosis Safe wallet shows repeated WETH outflows via CoW Protocol into tokens like USDC and GHO. The sales are a small portion of his …
XRP dropped 10.08% to $1.43, underperforming the broader crypto market’s 7.18% decline and falling 23.85% over the past seven days. The drop followed a break below the critical $1.60 support, triggering automated selling and hitting the lowest price since November 2024. Bitcoin’s 6% decline and a global tech sell-off added pressure. Despite this, social sentiment …
Economist Peter Schiff criticized former President Trump’s push for U.S. dominance in Bitcoin and digital assets, calling it misguided as China focuses on building factories and buying gold. While the U.S. holds around 198,000 BTC, China’s holdings from seizures are close to 190,000-194,000 BTC. Meanwhile, China continues expanding its gold reserves, reaching 2,306 tonnes valued …
Swiss banking giant UBS Group AG, which manages around $6.9 trillion in assets, is planning to offer cryptocurrency access to individual clients and tokenized deposit solutions for corporate customers as part of its digital asset strategy. CEO Sergio Ermotti described a cautious “fast follower” approach, focusing on building the right infrastructure and rolling out selective services while …
Binance’s Secure Asset Fund for Users (SAFU) has made another big move in its ongoing plan to shift its $1 billion emergency reserve from stablecoins into Bitcoin. The fund added 1,315 BTC worth about $100 million in its latest buy, boosting total two‑day accumulation to 2,630 Bitcoin valued at roughly $201 million. This purchase is …
Elon Musk has pulled far ahead as the world’s richest person after SpaceX acquired his AI startup xAI. Forbes’ real-time tracker now estimates Musk’s net worth at $852.5 billion. The deal merged SpaceX, xAI, and X, valuing the combined company at $1.25 trillion. Musk owns 42% of SpaceX, which now accounts for more than half …
Bitmine (BMNR) has faced criticism after reports showed an unrealized loss of about $6.6 billion on its Ethereum holdings amid a market downturn. Some traders warned that this could create future selling pressure and limit ETH’s price. Bitmine Chairman Tom Lee pushed back, saying these views misunderstand the purpose of an Ethereum treasury; it’s meant to …
Tether has pulled back its fundraising plans after investors raised concerns about a reported $500 billion valuation, the Financial Times reported. The company had earlier considered raising $15–20 billion, but advisers are now discussing a much smaller amount of about $5 billion. CEO Paolo Ardoino said the higher figure was only the maximum Tether was …
Arbitrum DAO has confirmed that its official X account has been compromised. The team warned users not to click on or interact with any posts or links from the hacked account. They are actively working to regain control. Importantly, the Arbitrum protocol and user funds remain completely safe, as the breach only affects the social …
Aster CEO Leonard has denied recent rumors that insiders engaged in token dumping or that Binance founder Changpeng “CZ” controls the project, calling such claims baseless. He emphasized that Aster operates independently with YZi Labs’ investment locked long-term and follows published tokenomics. The DeFi perpetual exchange has completed 254 million token buybacks and burned 78 million, with …
Aave founder Stani Kulechov has acquired a five-story Victorian mansion in London’s Notting Hill for £22 million (about $30 million), one of the few high-value property deals in the city’s luxury market over the past year. The purchase, completed in November, was roughly £2 million below earlier price guidance amid a slowdown in London’s high-end …
French authorities, including the Paris prosecutor’s cybercrime unit, CyberGEND, and Europol, raided Elon Musk’s X offices in Paris over alleged cybercrimes. The probe targets offenses such as distributing child sexual abuse material, pedophilic deepfakes, grooming minors, and data mishandling. The raid follows a 2025 investigation into Grok-generated non-consensual content. Elon Musk and X CEO Linda …
HashKey Exchange, Hong Kong’s largest regulated crypto trading platform, will launch the SUI/USD spot trading pair and open over‑the‑counter trading at 16:00 HKT on February 4, 2026. Both the spot and OTC markets will be available only to professional investors, with the OTC marketplace offering real‑time quotes from top liquidity providers. SUI token deposits and …
Elon Musk’s AI company xAI is hiring crypto specialists to train its AI on trading and digital asset strategies. The roles require expertise in on-chain analysis, DeFi, derivatives, arbitrage, MEV, quantitative methods, and risk management. These remote positions pay $45 to $100 per hour for US applicants outside Wyoming and Illinois and require a master’s, …
ING Deutschland, one of Germany’s largest retail brokers, has opened up new ways for ordinary investors to buy and sell crypto exchange‑traded products (ETPs) through its standard securities accounts. The bank’s Direct Depot now includes Bitcoin, Ethereum, and Solana ETPs, as well as crypto index products, all provided by major issuers such as 21Shares, Bitwise, …
Michael Saylor’s Strategy has continued buying Bitcoin steadily, adding 855 BTC in a recent purchase worth about $75.3 million at an average price of around $87,974 per coin. As of February 1, 2026, the company now holds a total of 713,502 Bitcoin. In total, Strategy has invested roughly $54.26 billion in Bitcoin, with an average …
JasmyChain’s ecosystem grows with the launch of Jasmy Swap, a third-party decentralized exchange protocol. Built on JasmyChain, it uses smart contracts to automatically execute digital asset swaps, serving as a technical proof-of-concept for blockchain-based trading. The launch has sparked positive market response, with JasmyCoin rising 3.64%. Jasmy Swap highlights the ecosystem’s innovation and potential, showing …
Russian Bitcoin mining giant BitRiver is on the brink of bankruptcy after a court launched insolvency proceedings over unpaid debts of more than 700 million rubles related to equipment and electricity costs. The company has shut down several facilities, faced management departures, and grappled with creditor lawsuits. Adding to its challenges, founder Igor Runets has been charged …
Ripple has officially received its full Electronic Money Institution (EMI) license from Luxembourg’s CSSF, marking a major step in its European growth. The approval allows Ripple to offer regulated blockchain-based payment solutions across the EU, supporting businesses in moving to modern, digital-first finance. This comes after recent UK approvals and adds to Ripple’s portfolio of …
A Nevada state court has issued a two-week temporary restraining order preventing Blockratize, the operator of the prediction market Polymarket, from offering sports and event contracts to residents, saying those activities likely violate Nevada’s gambling laws. The judge agreed with the Nevada Gaming Control Board’s civil complaint that Polymarket is operating without a state gaming …
Ethereum co-founder Vitalik Buterin says the future of on-chain system design will rely on a two-layer structure. The first layer focuses on open and accountable execution, such as prediction markets, where correct decisions are rewarded, and wrong ones face losses. The second layer handles preferences and judgment, using decentralized, anonymous, and non-token-based voting systems like …