Today's Crypto Pulse
Bitcoin crashes below $65,000 amid $1.86B liquidations and Saylor sell‑off
Bitcoin slipped under the $65,000 psychological barrier on June 3, sparking a 12% weekly decline. The drop triggered roughly $1.86 billion in leveraged futures liquidations and a $2.97 billion outflow from spot Bitcoin ETFs over ten sessions. Michael Saylor added pressure by selling 32 BTC, valued at about $2.5 million.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
Crypto’s Wealthy Investors and Industry Leaders See IPO Hype Waning in 2026
The CfC St. Moritz report shows cryptocurrency IPO enthusiasm fading after a record 2025 that delivered 11 listings and $14.6 billion in capital. Investor confidence has slipped, with fewer respondents feeling as optimistic as last year. Over 100 of the 242 surveyed now believe traditional finance firms are increasingly dominating the sector, signaling a shift toward consolidation. Meanwhile, regulatory sentiment improves, especially in the United States, which rose to second‑most favorable jurisdiction, while the UAE retains the top spot.
Bitcoin Has Ended Its $1.5B Outflow Streak, yet the Trade Driving Inflows Could Vanish Under Pressure
US spot Bitcoin ETFs recorded a net $561.8 million inflow on Feb 2, ending a four‑day streak of roughly $1.5 billion in outflows. Analysts argue the inflow likely reflects mechanical ETF creations and delta‑neutral basis trades rather than genuine dip‑buying. Authorized participants can...
Turkish Police Shut Down Payments Firm in FX Fraud and Illegal Betting Probe, 38 Arrested
Turkish authorities shut down a centrally‑licensed payments platform accused of laundering proceeds from illegal betting and fraudulent forex trading. Police conducted coordinated raids across eight cities, arresting 38 suspects and seizing assets, while appointing a Deposit Insurance Fund administrator to...
Liquidity Drives Market Shifts: Gold Rises, Bitcoin Falters
"𝟵𝟱% 𝗼𝗳 𝗽𝗲𝗼𝗽𝗹𝗲 𝗱𝗼𝗻'𝘁 𝗼𝘄𝗻 𝗮𝘀𝘀𝗲𝘁𝘀. 𝗧𝗵𝗲𝘆'𝗿𝗲 𝗯𝗮𝘀𝗶𝗰𝗮𝗹𝗹𝘆 𝘀𝗶𝘁𝘁𝗶𝗻𝗴 𝘁𝗵𝗲𝗿𝗲 𝗶𝗺𝗽𝗼𝘃𝗲𝗿𝗶𝘀𝗵𝗲𝗱, 𝗼𝗻𝗹𝘆 𝗱𝗲𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝗼𝗻 𝘁𝗵𝗲𝗶𝗿 𝘄𝗮𝗴𝗲𝘀." This quote from liquidity expert Michael Howell stopped me in my tracks. I recently sat down with Michael for the New Era Finance podcast...
Are Banks Still the Best Option for Crypto Off-Ramps for Whales Amid CARF Regulations?
Dubai’s crypto‑friendly banks are tightening procedures as the Crypto‑Asset Reporting Framework (CARF) rolls out, demanding extensive KYC, source‑of‑funds documentation, and transaction reporting from large crypto holders. The regulatory timeline targets CARF implementation in 2027 with automatic data exchanges beginning in...
Major Milestone as Crypto Options Arrive on Bloomberg Terminal
Bloomberg Terminal now offers crypto options data from Block Scholes, bringing institutional‑grade derivatives analytics to its 300,000+ subscriber base. The integration provides real‑time implied volatility surfaces and forward curves for Bitcoin and Ether, accessible via Bloomberg analytics and enterprise APIs. Block Scholes’...
Bitcoin's 'RSI' Screams Oversold. Here Is What It Means
Bitcoin’s 14‑day relative strength index has slipped below the 30 threshold, flagging oversold conditions as the cryptocurrency trades around the $73,000‑$75,000 support zone. The RSI, a momentum tool invented by J. Welles Wilder Jr., suggests recent sell‑off momentum may be excessive,...
GCC Tokenisation Market Set to Hit $500bn by 2030
A Kearney‑Ctrl Alt report projects GCC real‑world asset tokenisation to unlock nearly $500 billion by 2030, as the global on‑chain RWA market surges from $1.1 billion in 2023 to $20 billion by early 2026. The study highlights rapid movement from pilots to regulated...
Things Worth Reading: 4th February 2026
Chris Skinner’s roundup highlights a wave of regulatory turbulence and innovation. Peter Mandelson is accused of lobbying for weaker U.S. banking rules, while rising cryptocurrency activity in Iran has prompted tighter U.S. oversight. The UK FCA announced its first fintech...
Crypto Darknet Drug Kingpin Rui-Siang Lin Gets 30 Years
U.S. prosecutors sentenced Taiwanese national Rui‑Siang Lin, alleged operator of the Incognito Market darknet drug platform, to 30 years in federal prison. The marketplace moved over $105 million in illicit narcotics between October 2020 and March 2024, completing more than 640,000 transactions and...
Polymarket, Kalshi Clash over Groceries as Prediction Markets Boom
Prediction‑market leaders Polymarket and Kalshi are battling for market share by offering free groceries in Manhattan. Kalshi handed out $50 grocery packs to 1,795 participants, while Polymarket will open "The Polymarket," New York’s first free grocery store, next Thursday and...
BGEANX and Scam: How Impersonation Confuses Crypto Users
Impersonators are hijacking the BGEANX brand to create fake platforms and phishing campaigns, misleading crypto users who mistake these copies for the legitimate service. The fraudulent sites copy visual elements, request private keys, and use urgency to exploit market emotions....
Stablecoin ‘Dust’ Txs on Ethereum Triple Post-Fusaka: Coin Metrics
Coin Metrics reports that stablecoin dusting attacks now make up 11% of Ethereum transactions and 26% of active addresses, a sharp rise after the December Fusaka upgrade lowered gas costs. Daily transaction volume has surpassed 2 million, peaking near 2.9 million in...
CoinDesk Research: U.S. Leads Institutional Crypto, Asia Rules Trading Ahead of Consensus Miami
CoinDesk Research’s Global Digital Asset Adoption Index shows Asia leading in exchange trading volumes, stable‑coin transaction flows, and crypto ownership, while the United States dominates exchange‑traded products, custody infrastructure, and regulatory clarity. The report highlights a structural split: Asia’s retail‑focused,...
Senate Democrats Schedule First Crypto Market Structure Meeting
UPDATE: 🇺🇸 Senate Democrats will hold a meeting tomorrow on crypto market structure, their first since last month’s postponed markup. Source: Eleanor Terrett https://t.co/4bNkiJKA1X
Angelsta Unveils the Future of Startup Equity in MENA
Angelsta has launched the first regulated, AI‑powered exchange for tokenized startup equity in the Middle East and North Africa, creating a secondary market for pre‑IPO shares. By converting private‑company stock into blockchain‑based digital assets, the platform tackles the region’s chronic...
‘Big Short’ Investor Michael Burry Warns Bitcoin Plunge Could Trigger $1 Billion Gold, Silver Sell-Off
Michael Burry warned that Bitcoin’s drop below $73,000, a 40% decline, could trigger a cascade of losses across markets. He estimates up to $1 billion in gold and silver positions were liquidated as institutions covered crypto losses. Burry cautions that if...
BitGo and PicPay Go Public in 'Uncertain' Fintech IPO Market
Digital‑asset custodian BitGo and Brazilian payments firm PicPay launched their IPOs in January 2026, pricing shares at $18 and $19 respectively and raising $212.8 million and $434 million. Both stocks rose on debut but slipped in the days after as a partial...
TokenPocket Announced as Platinum Sponsor for Hong Kong Web3 Festival 2026
TokenPocket has been named a Platinum Sponsor of the Hong Kong Web3 Festival 2026, linking its multi‑chain wallet platform with Asia’s leading blockchain gathering. The partnership highlights TokenPocket’s zero‑gas, cross‑chain transfer capabilities and its broader push into enterprise‑grade security and...
Ex-PayPal Exec Breaks Silence, Warns of Ongoing Decline
I woke up this morning to dozens of messages from former PayPal colleagues. It pushed me to finally speak up. I never spoke publicly about the company after I left. Part of that was loyalty to John Donahoe, who gave...
Limitless Token Rallies as Monthly Volume Tops $200 Million
Limitless, a prediction‑market protocol on Coinbase’s Base L2, saw its native LMTS token surge 135% this week as January notional trading volume topped $200 million, a 56% jump from December. The platform processed $200 million in trades, while over 23 million LMTS tokens—about...
Blockchain.com, Ondo Partner on Tokenized Securities, ETFs for Europe
Blockchain.com has teamed up with Ondo Finance to launch a tokenized securities platform across 30 European Economic Area countries. The service brings 200 NYSE‑listed stocks and ETFs into Blockchain.com’s self‑custody wallet, complying with the EU’s MiCA regulations. Ondo, which launched...
The Trillion Dollar Bitcoin Lottery You Can Play Now for Free – but Will Never Win
Keys.lol offers a free, web‑based "Bitcoin lottery" that generates fresh batches of private keys and addresses each time the page refreshes. The odds of any of the 90 keys per refresh matching one of the roughly 58 million funded Bitcoin addresses...
Canada’s Investment Watchdog Rolls Out Crypto Custody Rules to Avoid Another QuadrigaCX
Canada’s investment regulator CIRO introduced a Digital Asset Custody Framework to tighten crypto custody standards after the QuadrigaCX collapse. The rules require tiered, risk‑based custody arrangements and give CIRO authority to act quickly on hacking, fraud or insolvency risks. Platforms...
Trump's White House Won't Tolerate Attacks on the President in Crypto Bill, Adviser Says
President Donald Trump's White House, through digital‑assets adviser Patrick Witt, has rejected Senate‑drafted anti‑corruption provisions that would single out the president and his family in the pending crypto market‑structure bill. Witt described the proposals, especially those from Sen. Adam Schiff,...
Digital Wallets Will Hold 'Totality' Of People's Assets, Says Franklin Templeton
At the Ondo Summit, Franklin Templeton’s head of innovation Sandy Kaul announced that future asset management will be “wallet‑native,” with all financial assets tokenized in digital wallets. A panel of senior managers from Fidelity, State Street and WisdomTree confirmed that...
Ripple's $280M XRPL Move Amid Bitcoin Dip, Ethereum Refocuses
BITCOIN IS DUMPING BUT… Ripple makes $280M move on XRPL RWA Ethereum will focus on L1 ONLY 2/3/2026 #xrp #crypto #ethereum #bitcoin #finance
XRP Plunges 6% as Bitcoin Drops Under Support, Worsening Downtrend
XRP dropped 6.3% to about $1.54 as Bitcoin slipped below its $27,000 support, sparking a broad crypto sell‑off. The breach of the $1.60 technical floor triggered high‑volume forced selling, preventing a rebound above $1.56. Traders now view the $1.50 level...
Aave Consolidates Team, Drops Family Wallet for Mass DeFi
We are winding down the Family iOS wallet. Family Accounts will continue to power the Aave App as part of Aave’s infrastructure, helping bring millions of users into DeFi. In 2023, we partnered with the Family team because they were the...
Why a $9 Billion Bitcoin Sale by Single Galaxy Client Reignites Quantum Threat Debate
Galaxy Digital disclosed that a single client sold roughly $9 billion worth of Bitcoin, a move framed as estate‑planning and linked to concerns over quantum‑computing threats. The liquidation unfolded over weeks, adding downward pressure to an already volatile market and signaling...
Stripe’s Stablecoin Expansion Faces Sanctions Scrutiny
Stripe’s 2025 acquisition of Bridge was intended to power a dollar‑backed stablecoin layer for faster, cheaper cross‑border payments. The Information reports that Bridge’s APIs were used in transactions linked to online scams and U.S. sanctions‑listed parties, prompting fresh compliance scrutiny....
Bitcoin: Neutral Public Utility, Humanity’s Anti‑Corruption Solution
Bitcoin is a neutral, open-source public utility. Like fire, water, or the internet. It is not a person. It is not an institution. It has no secrets. Corrupt people do not get to rob humanity of our chance to fix the mess...
Logan Update Adds Cardano Monitoring, Custom Integration Offered
I'm going to update Logan- the exit liquidity lobster- to be aware of Cardano projects. If you want me to build a custom integration, then reply here with a link to your documentation, and you'll get integrated in the next...
KAI Exchanges Launches 2026 New Year Carnival to Reward Global Users with Multi-Task Incentives and Guaranteed Prizes
KAI Exchanges has launched the “KAI New Year Carnival: New Plans, Full Rewards Unlocked,” a month‑long promotion running from Jan 29 to Feb 28 2026. The campaign offers guaranteed‑reward draws for every qualified participation, covering Bitcoin, token prizes and USAD contract trial funds....
Coinbase Quietly Removes Kontigo After $20M Funding
Coinbase, which led Kontigo’s $20m funding round announced less than two months ago, appears to have quietly scrubbed the company from its website:
Aave Drives Stablecoin Adoption and Growth
A strong case study highlighting Aave’s role as a key growth driver for stablecoins. The Aave effect.
Crypto.com Launches Prediction Market Platform in US
Crypto.com unveiled OG, a CFTC‑registered prediction‑market platform for U.S. users, offering contracts on sports, elections, finance and entertainment events. The service, powered by Crypto.com Derivatives North America, introduces margin trading on prediction contracts—a first for a publicly launched market. Co‑founder...
User Spending Decides Platform Dominance over Competitors
Real users vote with their money. (Coingecko is sort of a "competitor" to one of our portfolio companies, Coinmarketcap. This is their report, unsolicited.)
HYPE Emerges as FalconX Clients' Preferred Safe‑Haven Asset
"HYPE has become one of the most traded assets among the FalconX client base" @joshua_j_lim "It's almost seen as a safe haven." https://t.co/d1Catj0zFh
VistaShares Launches Treasury ETF with Options-Based Bitcoin Exposure
VistaShares introduced BTYB, an actively managed ETF listed on the NYSE that blends U.S. Treasury securities with Bitcoin‑linked exposure. About 80% of assets are invested in Treasury instruments while the remaining 20% is generated through a synthetic covered‑call strategy using...
DATs Out of Dry Powder as mNAVs Dip Below 1
"DATs have no more dry powder. Because mNAVs are below 1, they can't sell equity to buy more tokens." https://t.co/d1Catj17uP
Bitcoin Dips Below $74K, Lowest Since Trump Win
Bitcoin just fell below $74,000 📉 That’s its lowest level since President Trump’s 2024 election victory. NOW: @joshua_j_lim (FalconX) on what’s driving the selloff and what to watch next 🔴 https://t.co/d1Catj0zFh
'You Are Not Scaling Ethereum': Vitalik Buterin Issues a Blunt Reality Check to the Biggest Crypto Networks
Vitalik Buterin announced that Ethereum’s original rollup‑centric roadmap no longer makes sense as the main chain’s scaling capabilities improve. He highlighted that layer‑2 networks such as Arbitrum, Optimism and Base have struggled to achieve deeper decentralization. With gas fees low...
Bitcoin Nearing 2021 All‑Time High Again
#BTC Can you believe Bitcoin is almost at the old All Time Highs from the 2021 cycle? $BTC #Crypto #Bitcoin
Bitcoin Enters Bearish Acceleration Phase
#BTC Bitcoin is transitioning into the Bearish Acceleration phase of the cycle $BTC #Crypto #Bitcoin
Earn Yield From These Market Neutral Strategies
Neutral is a DeFi platform that generates yield through market‑neutral strategies, balancing long and short positions via basis trading and funding‑rate arbitrage. The protocol operates on‑chain across both centralized exchanges like Binance and decentralized venues, offering eleven active strategies and...
Crypto Roundup: Market Dip, Policy Moves, Major Projects
Crypto things you might have missed: -Bitcoin bear market hits hard -Trump to sign crypto bill soon -$280M+ RWA tokenization on XRPL -@vechainofficial VeWorld 'Super App' -Vitalik says L2s no longer make sense -Elon to put a dogecoin on the moon -Government shutdown OVER?
Crypto Hoarding Strategy Cracks as Bitcoin Slides
The crypto hoarding playbook is starting to crack. Bitcoin below $76k has turned once celebrated treasury strategies into massive paper losses, with investors now fearing forced selling. What was pitched as conviction is beginning to look like leverage dressed up as belief....
Stripe's Stablecoin Gambit Risks a Heavy Hangover
This quote from The Information's latest story on Stripe's stablecoin infra subsidiary Bridge is interesting. Seems like Stripe drank the kool-aid. Now the question is, how bad will the hangover be? https://t.co/J2DnaC7z02
AI Bots Hype Memecoin, Surge to $93M, Then Crash
AI bots posting to other AI bots… and a memecoin launches 🤖🪙 Moltbook went viral. MOLT hit ~$93M. Then it crashed. https://t.co/d1Catj0zFh