Justin Sun Swoops to Buy $100 Million of Bitcoin as Rest of the Market Bleeds
Tron founder Justin Sun announced plans to acquire between $50 million and $100 million of Bitcoin, entering the market as prices have slumped to a six‑month low. Bitcoin has fallen 21% since mid‑January, contrasting sharply with digital‑asset‑treasury firms that bought at peak levels and now sit on over‑30% losses. Binance recently committed $1 billion to Bitcoin for its user‑protection fund, underscoring institutional confidence. Meanwhile, TRX continues to outperform Bitcoin, trading above $0.284.
Bitcoin ETF Holders, Sitting on Paper Losses, May Throw in the Towel
Bitcoin’s spot price slipped to $76,540, leaving spot ETF investors with an average paper loss of roughly 15%, or about $13,400 per BTC. Since their U.S. debut two years ago, investors have paid around $90,200 per coin, creating a sizable...
Jupiter Brings Polymarket to Solana and Lands $35 Million Investment Deal
Jupiter, the Solana‑based decentralized exchange, announced the integration of Polymarket, bringing the leading crypto prediction market onto its platform. The move is paired with a $35 million strategic investment from ParaFi Capital, paid entirely in Jupiter’s JupUSD token and accompanied by...
India's 2026 Budget Keeps 30% Crypto Tax, Adds $545 Penalty for Missed Reports
India’s 2026‑27 Union Budget retained the 30 percent crypto gains tax and the 1 percent tax deducted at source, while introducing a new penalty framework for reporting failures. From April 1 2026, entities that miss crypto‑asset statements face a daily fine of ₹200 and...
Story Delays $IP Token Supply Unlock as Usage Lags and Dump Fears Grow
Story Protocol has pushed the first major release of its $IP team, investor and early‑contributor tokens from February 2026 to August 2026, extending the lock‑up by six months. The move comes as the token trades around $1.45‑$1.50, down roughly 32%...
Hong Kong Is Positioning Itself as Crypto’s Global Connector, Says Lawmaker Johnny Ng
Hong Kong legislator Johnny Ng is positioning the city as a global crypto connector, leveraging its common‑law system, open capital flows, and dense financial services ecosystem. Over the past two years he has driven stablecoin legislation and crypto‑exchange licensing, framing...
How Instant Gratification Is Sucking the Air Out of the Bitcoin Market
Bitcoin slipped more than 10% in the past month while gold rallied over 12% and the S&P 500 edged higher, highlighting a divergence not tied to fundamentals. NYDIG’s research chief Greg Cipolaro attributes the drop to "speculative cannibalization," where short‑term, instant‑gratification...
Bitcoin Drops to $78,000 as MicroStrategy-Fueled Rally Runs Out of Buyers, Traders Say
Bitcoin fell below $80,000 on Feb 1, 2026, reaching $78,000 – its first sub‑$80k level since April 2025 – after a 10% intraday drop to $75,710. The plunge erased about $111 billion in market capitalization and triggered $1.6 billion of leveraged liquidations. Analysts point...
Bitcoin Hashrate Drops 12% in Worst Drawdown Since China Mining Ban: CryptoQuant
A severe winter storm across key U.S. mining regions forced several large Bitcoin miners to curtail operations, driving the network hashrate down 12% since November 11. The hashpower now sits near 970 exahashes per second, the lowest level since September...
Retail Traders Are Running for the Exit Amid Bitcoin's Selloff, While 'Mega-Whales' Are Quietly Buying the Dip
Glassnode on‑chain data shows that mega‑whales holding 10,000 BTC or more are quietly buying Bitcoin as the price fell below $80,000, while all smaller cohorts, especially retail wallets under 10 BTC, have been net sellers for over a month. The Accumulation Trend...
Solana DeFi Platform Step Finance Hit by $27 Million Treasury Hack as Token Price Craters
Step Finance, a Solana‑based DeFi portfolio tracker, disclosed a treasury breach that saw 261,854 SOL—about $27 million—unstaked and transferred. The hack triggered an over‑80% plunge in its governance token STEP within 24 hours. The platform has engaged cybersecurity firms but has not...
How Decentralized AI Training Will Create a New Asset Class for Digital Intelligence
Decentralized AI training networks are linking heterogeneous GPUs worldwide to train frontier‑scale models, while issuing tokens that grant contributors ownership stakes. Prime Intellect has already delivered 10‑billion‑parameter and 32‑billion‑parameter models using this approach, and protocols like Gensyn and Pluralis prove...
Bitcoin Falls Out of Global Top 10 Assets by Market Capitalization, Below Elon Musk's Tesla
Bitcoin’s market capitalization slipped to roughly $1.57 trillion, pushing it to the 13th‑largest asset worldwide, behind Saudi Aramco and Tesla. The cryptocurrency’s price dropped more than 11 % in a week, falling from about $90,000 to $78,500. The sell‑off was amplified by a...
The Market for Tokenized Equities Has Exploded by Almost 3,000% in a Single Year
Tokenized equities surged almost 3,000% in 2025, pushing the market close to the $1 billion milestone. The jump to $963 million was driven by new SEC guidance on broker‑dealer custody and a DTCC no‑action letter that legitimized token‑based settlement. Ondo Global Markets...
XRP Slides 7% as Rapid Selling Breaks Major $1.79 Support
XRP dropped roughly 6.7% on Jan 31, sliding from $1.88 to near $1.75 after a Bitcoin‑driven crypto sell‑off triggered massive long liquidations. More than $70 million of XRP futures long positions were wiped out as price broke the key $1.79 support on...
Bitcoin 'Fear' Sentiment Hits a 2026 High as Price Downtrends Toward $80,000
Bitcoin slipped to $84,200, its lowest level since November 21, pushing the Santiment fear index to a 2026 peak. The surge in negative social‑media commentary marks a shift from cautious optimism to outright fear, a pattern often seen near market capitulation....
NYSE's 24/7 Plan Could Fix Key Problem for Stock Tokens, Ondo's De Bode Says
Ondo Finance’s Ondo Global Markets platform has amassed over $500 million in total value locked and $7 billion in trading volume since its September 2025 launch, making it the largest tokenized‑stock provider. The broader market of tokenized equities is approaching $1 billion and grew...
Bitcoin, Ether Fall as Shutdown Clock Hits and Markets Brace for a Messy Monday
Bitcoin hovered around $83,559 on Friday, gaining 1% but still down 6.8% for the week, while ether slipped to $2,686, off 1.9% daily and 9% weekly. Prices remained under pressure as the United States entered a partial shutdown after missing...
Polymarket, Kalshi Contract Limits Demonstrated in Latest U.S. Government Shutdown Fight
The U.S. government is set to enter a partial shutdown at midnight Saturday after the Senate approved a funding package that still requires House approval. Prediction‑market platforms Polymarket and Kalshi have launched contracts betting on the shutdown, each defining the...
SpaceX-Tesla Merger Talks Puts Nearly 20,000 Bitcoin in Focus
Elon Musk’s exploratory merger talks involving SpaceX, Tesla, and possibly xAI have drawn attention to the combined bitcoin holdings of the two companies, which total nearly 20,000 BTC worth roughly $1.7 billion. Tesla reported a $239 million after‑tax loss on its digital...
Bitwise CIO Matt Hougan Says Bitcoin Could Hit $6.5 Million in 20 Years
Bitwise CIO Matt Hougan predicts Bitcoin could reach $6.5 million per coin within 20 years, basing the forecast on ongoing sovereign debt growth and fiat debasement. He sees 2026 as a consolidation period, with Bitcoin likely ranging between $75,000 and $100,000...
Visa and Mastercard Aren’t Buying the Stablecoin Hype for Everyday Payments
Visa and Mastercard remain skeptical about stablecoins for everyday payments, citing ample existing options for U.S. consumers. Both firms acknowledge blockchain experiments but see limited product‑market fit, especially in developed markets. Mastercard frames stablecoins as an additional currency it can...
Brian Armstrong Was Snubbed by Top Executives From the Biggest U.S. Banks in Davos
Coinbase CEO Brian Armstrong was rebuffed by the CEOs of JPMorgan, Bank of America, Wells Fargo and Citigroup during Davos meetings as he pushed back against the Senate’s CLARITY Act. The bill seeks to regulate stablecoin reward programs that offer up...
CoinDesk 20 Performance Update: Index Slides 1.9% as All Assets Trade Lower
CoinDesk’s daily 20‑asset index slipped 1.9% on Jan 30, settling at 2,510.59 points. Every constituent posted a loss, with the biggest drags coming from Cronos (CRO) down 4.2% and Aave (AAVE) off 3.7%. The modest leaders, Polkadot (POL) and Bitcoin Cash...
Lido’s New stVaults Will Let L2s Create Their Own Rules for Ethereum Staking
On Jan 30, 2026 Lido Labs Foundation deployed stVaults on Ethereum mainnet, a modular extension that lets third‑party teams plug into Lido’s staking system. The new vaults provide isolated environments where builders can configure validators, optionally mint stETH, and still tap Lido’s...
Vitalik Buterin to Spend $43 Million on Ethereum Development
Ethereum co‑founder Vitalik Buterin announced he has withdrawn 16,384 ETH, roughly $43 million, to fund a broad open‑source, verifiable full‑stack development effort. The move signals a period of mild austerity for the Ethereum Foundation as it pursues an aggressive scaling roadmap...
Binance to Shift $1 Billion User Protection Fund Into Bitcoin Amid Market Rout
Binance announced it will convert the stablecoin assets in its $1 billion Secure Asset Fund for Users (SAFU) into Bitcoin over the next 30 days, with ongoing audits. The exchange pledged to top up the fund back to $1 billion if Bitcoin...
Plunge in Gold, Silver, and Copper Sparks $120 Million Rout in Blockchain Metal Clones
Tokenized metal derivatives suffered $120 million in liquidations after gold, silver and copper prices slumped. Copper futures on the LME dropped nearly 4%, while gold and silver fell 4% and 5.9% respectively, triggering steep losses in crypto‑linked contracts. Silver‑linked products led...
Bitcoin Is Going Nuts with Biggest Implied Volatility Spike Since November
Bitcoin’s volatility index (DVOL) surged to above 44 on Thursday, the highest reading since November, jumping from around 37 as traders scrambled for downside protection during a massive sell‑off. The spike coincided with heightened macro uncertainty, including U.S. government‑shutdown risk...
Rollercoaster Bitcoin Price Moves End up Liquidating $1.7 Billion in Bullish Crypto Bets
Over the past 24 hours the crypto market saw $1.68 billion in forced liquidations, with long positions absorbing roughly 93% of the damage. Bitcoin alone accounted for about $780 million of that total, while Ether contributed over $414 million. Perpetual‑heavy exchanges such as...
Bitcoin Pulls Back to as Low as $81,000 as Horrendous Day Continues
Bitcoin slumped to a low of $81,000 on Thursday, erasing roughly $10,000 of value in a single day. The plunge triggered more than $777 million in leveraged long liquidations within an hour, totaling $1.75 billion over 24 hours. Major altcoins fell 7‑9%, with...
El Salvador's Central Bank Buys $50 Million of Gold as Government Keeps Adding Bitcoin
El Salvador’s central bank announced a $50 million purchase of gold, adding 9,298 troy ounces to its reserves and bringing total gold holdings to about 67,403 ounces, valued near $360 million. The government also continued its daily bitcoin acquisition program, buying one...
Tokenization Firm Securitize Reports 841% Revenue Growth as It Prepares to Go Public
Tokenization platform Securitize filed a registration statement to go public through a SPAC merger with Cantor Equity Partners II. The company reported $55.6 million revenue for the first nine months of 2025, an 841 % jump from the same period a year...
Crypto Stocks Sink as Spot Volume Plunges and Bitcoin Tumbles Below $84,000
Bitcoin slipped below $84,000, a 6% drop that pulled crypto‑related equities lower across the board. Coinbase led the decline, falling 7% and extending its losing streak to eight sessions, its longest since September 2024, while other exchanges such as Gemini,...
Aero DEX Aims to Fix Liquidity Fragmentation and Dethrone the Incumbents
Aero, a unified decentralized exchange built by Dromos Labs, will launch on Ethereum mainnet in Q2 2026, merging the Aerodrome and Velodrome protocols. The rollout aims to challenge incumbents such as Uniswap and Curve by addressing liquidity fragmentation across layer‑2 networks....
Bitcoin’s Major Safety Net Just Snapped. Why a Drop Below $85,000 Might Risk More Selloff
Bitcoin breached its 100‑week simple moving average, slipping below $85,000 and ending a two‑month support pattern. The breakdown opens the path toward the next technical foothold around $75,000, with deeper support at the 200‑week average near $58,000. Traders note that...
SEC Chair Says 'Time Is Right' For Pension Funds to Include Crypto, CFTC Head Says Digital Assets Set to Flourish
SEC Chair Paul Atkins said the time is right for retirement plans, including 401(k)s, to add cryptocurrency, while CFTC Chair Mike Selig predicted digital assets will flourish once Congress passes a market‑structure bill. The Senate Agriculture Committee advanced the draft...
Grading America’s Progress Toward Becoming the Crypto Capital of the World
One year after an open letter urging the United States to become the crypto capital, U.S. policymakers have made notable strides across three priority areas. Market‑structure legislation is advancing, stablecoin rules under the Genius Act have been enacted, and regulators...
Crypto Custody Firm Copper in Early Talks for IPO as Crypto 'Plumbing' Becomes New Wall Street Favorite
London‑based crypto custodian Copper is in early discussions about a public listing, potentially partnering with Goldman Sachs, Citi and Deutsche Bank. The decision will depend on the firm’s near‑term revenue performance, even as it publicly downplays immediate IPO plans. Copper...
Russia Plans to Cap Retail Crypto Buys at $4,000 as It Brings Digital Assets Into the Legal Fold
Russia’s State Duma will finalize crypto regulations by June, with the rules taking effect on July 1, 2027. Retail investors will be limited to buying up to 300,000 rubles (about $4,000) in cryptocurrencies, while qualified investors must pass a risk‑assessment...
Robinhood Is Investing in Crypto Trading Platform Talos at $1.5 Billion Valuation
Robinhood is committing $45 million to Talos in an extended Series B round, pushing the crypto‑trading technology firm’s valuation to roughly $1.5 billion. The financing brings Talos’s total Series B capital to $150 million and adds strategic investors such as Sony Innovation Fund, IMC, QCP...
Crypto Payments Firm BCB Group Appoints Tim Renew as CEO in Leadership Reshuffle
BCB Group appointed Tim Renew as CEO, moving co‑founder Oliver Tonkin to a newly created president role. Renew, who joined as chief revenue officer in 2024 and later became deputy CEO, will steer the firm’s next growth phase after securing...
More than Half of Bitcoin Investors Are Officially Underwater as the $88,000 Price Level Fails to Hold
An on‑chain analysis shows 63 % of Bitcoin’s invested supply has a cost basis above $88,000, meaning most investors are underwater. The UTXO Realized Price Distribution indicates tens of billions of dollars sit between $85,000 and $90,000, creating selling pressure if...
UAE's Central Bank Has Approved a USD-Backed Stablecoin
The Central Bank of the United Arab Emirates has granted approval for USDU, the country’s first USD‑backed stablecoin, under its Payment Token Services Regulation. Issued by Universal Digital, the token is fully collateralized 1:1 with reserves held in on‑shore accounts...
First Gold and Silver, Now Oil's Starting to Rally and That's Bad News for Bitcoin
Oil prices surged in January, with West Texas Intermediate climbing 12% to $64.30 per barrel and Brent reaching $68.22, the highest levels since September. The rally stems from geopolitical tension over Iran, shrinking U.S. inventories, and broader supply concerns. Higher...
White House to Meet with Crypto, Banking Executives to Discuss Market Structure Bill
The White House’s internal crypto policy council will meet with executives from crypto firms and traditional banks to address stablecoin yield provisions in the pending market‑structure bill. The legislation, delayed after lawmakers objected to how it would regulate interest‑bearing stablecoins,...
Crypto's Political Power Supercharged with $193 Million in Fairshake, Thanks to New Cash
The crypto industry’s primary political action committee, Fairshake, announced a $193 million war chest, bolstered by a $25 million contribution from Ripple and $24 million from Andreessen Horowitz. This cash pool would place Fairshake among the nation’s top five PACs, eclipsing its 2024...
Coinbase Rolls Out Prediction Markets to All U.S. Customers
Coinbase has opened its prediction‑market platform to all U.S. customers, leveraging a partnership with regulated operator Kalshi, which was recently valued at $11 billion. The service lets users trade binary contracts on events such as elections, sports outcomes, collectibles and economic...
MegaETH Mainnet to Go Live Feb. 9 in Major Test of ‘Real-Time’ Ethereum Scaling
MegaETH, a high‑performance Ethereum layer‑2, announced its public mainnet will launch on February 9, 2026. The rollout follows a heavily oversubscribed $450 million token sale in October 2025 that sold 5 % of the 10 billion MEGA supply. Backed by Ethereum co‑founders Vitalik Buterin and Joe Lubin, the...
Wall Street Giants Push Back on Exemptions for Tokenized Securities in SEC Meeting
Wall Street firms—including SIFMA, Cahill Gordon & Reindel, Citadel and JPMorgan Chase—met with the SEC Crypto Task Force to argue against special exemptions for tokenized securities. They warned that blockchain‑based issuance should not create a separate regulatory track and urged...