Bitwise Asset Management has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Uniswap ETF, marking a major step toward a regulated exchange-traded product tied directly to the UNI token. Uniswap ETF…

Just five days ago, the market watched as one of crypto’s most famous whales, who once made $190 million shorting the Trump tariff crash, saw his fortune collapse to just $53. A massive $250 milThe post OG whale who lost $250M last week is already buying ETH again - Here’s why appeared first on AMBCrypto.

The crypto market is facing renewed pressure as prices and investor confidence continue to weaken. The total cryptocurrency market capitalization has fallen by about $2 trillion from its October 2025 peak of $4.38 trillion, according to data from CoinGecko. As…

Santiment says the pattern of large holders selling while retail scoops up Bitcoin is “what historically creates bear cycles.”

• #bitcoin

Ripple CEO Brad Garlinghouse turns to the 'Oracle of Omaha' to display his confidence in XRP.

BitMEX has launched copy trading that enables users to replicate the strategies of top traders from Hyperliquid. Through a dedicated leaderboard, users can copy or reverse copy up to five traders with customizable risk controls. Bridging Centralized Reliability with Perp DEX Innovation BitMEX has announced the launch of Hyperliquid copy trading, a new feature that […]

Kalshi, the federally regulated prediction market platform, announced a major expansion of its market surveillance and enforcement framework aimed at preventing insider trading and market manipulation across its platform. The updates were shared on February 5, 2026, as part of…

Tether and Gold.com are exploring options to allow the use of Tether’s stablecoins to purchase physical gold.

US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill.

Meme coin launchpad Pump.fun has announced the acquisition of trading terminal Vyper, a move aimed at expanding its cross-chain trading capabilities. The deal was confirmed on February 5, 2026, though financial terms were not publicly disclosed. Vyper’s team and technology…

It is well-known that bullish interest in XRP often rises during major price moves. However, a new analysis suggests that Google search data shows that scam-related queries for the cryptocurrency also surge during periods of rapid growth. A crypto analyst has highlighted that this unique trend appears repeatedly across XRP’s major market rallies.  Google Trend […]

Stablecoin dominance is basically the first step to DeFi dominance. The logic is simple - Networks with more stablecoins locked on-chain have deeper liquidity, which enables smoother trading, lending,The post TRON takes the lead! What Ethereum’s slip in USDT dominance means for DeFi appeared first on AMBCrypto.

Strategy has told investors that Bitcoin would have to collapse to around $8,000 before its crypto holdings no longer cover the company’s net debt, even as paper losses continue to deepen. The Michael Saylor-led firm made the disclosure in investor…

• #bitcoin

Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday.

• #bitcoin

Vitalik Buterin warns copy-paste Layer 2s and generic EVM chains are stalling Ethereum’s long-term scaling vision.

The initiative highlights the need for proactive measures in the crypto industry to safeguard against future technological threats. The post Strategy plans to launch Bitcoin security program to address quantum threats appeared first on Crypto Briefing.

• #bitcoin

Crypto’s real trajectory is being missed by markets obsessed with volatility, as decentralized networks quietly position themselves to replace failing global institutions and reshape economics, governance, and coordination, according to Balaji Srinivasan. Why Balaji Srinivasan Says Crypto’s Future Is Bigger Than Price Charts Balaji Srinivasan shared on social media platform X on Feb. 5, 2026, […]

Introduction: The Hidden Emissions Crisis in Supply Chains Global supply chains power the world economy, but they also create massive environmental damage. Every product you buy—from clothes to electronics—travels through complex networks involving factories, ships, trucks, and warehouses. These journeys […] The post How Blockchain is Transforming Global Supply Chain Emissions Tracking and Reduction appeared first on Blockmanity.

A senior Bloomberg Intelligence strategist has warned that Bitcoin could face a severe collapse toward $10,000 as global markets show signs of stress similar to past financial crises. In recent social media posts in early Feb. 2026, Bloomberg Intelligence senior…

• #bitcoin

Reports say Vitalik Buterin moved a modest slice of his Ether over several days, and the trades drew quick attention. About $6.6 million in ETH changed hands across a short window. The way it was done mattered as much as the amount. Careful execution kept prices from being slammed by a single large trade. Related […]

Ripple’s XRP became a market standout after posting one of its sharpest rallies following progress in its long-running SEC case. Between November 2024 and July 2025, XRP surged from roughly $0.40The post XRP retraces 61% from its peak – But THIS signal hints at deeper trouble appeared first on AMBCrypto.

Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes as prediction markets come under scrutiny by regulators and Congress.

The Cardano price outlook is tilting further to the downside as weakening market structure, fading ETF optimism, and broader crypto risk-off sentiment weigh on ADA. Related Reading: Tether Scraps $20 Billion Funding Ambitions Due To Investor Opposition While much of the recent attention has been on sharp declines in large-cap tokens like XRP, the same […]

• #Cardano

XRP fundamentals are strengthening as institutional infrastructure expands, unlocking new onchain utility and regulated access that could reshape demand even while price action lags amid broader market pressure. XRP Pulls Back While Hex Trust and Flare Build Institutional Utility Layer XRP fundamentals remain increasingly bullish even as short-term price action stays subdued. Hex Trust, a […]

The plunge in investor sentiment highlights the volatility and uncertainty in crypto markets, potentially impacting future adoption and regulation. The post Crypto Fear and Greed Index sinks to 9 after $2.7B in leveraged erased appeared first on Crypto Briefing.

Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed.

• #bitcoin

A newly created wallet deposited $4 million in USDC into Hyperliquid, then opened a 3x leveraged SOL short, signaling clear downside conviction from fresh capital. Source: Onchain Lens This actThe post $4mln Hyperliquid whale opens 3x SOL short - Trouble ahead for Solana? appeared first on AMBCrypto.

How is Revolutionizing the Tracking and Reduction of Global Supply Chain Emissions Supply chains power the world economy, but they also create huge environmental problems. Global supply chains produce a large part of greenhouse gas emissions. Many companies struggle to […] The post How Blockchain is Revolutionizing the Tracking and Reduction of Global Supply Chain Emissions appeared first on Blockmanity.

The crypto market has been locked in a deep, prolonged winter since early 2025, but signs suggest the downturn may be closer to its end as institutional flows mask pain, retail capitulates and sentiment reaches classic late-stage extremes. Bitwise Predicts Crypto Winter Ending Soon, Setting up Next Bitcoin Rally Matt Hougan, chief investment officer at […]

A certified Elliott Wave analyst has released a 10-minute XRP price breakdown explaining why the current pullback does not invalidate his long-term bullish outlook. Posted on X alongside annotated TradingView charts, the video walks through downside targets, invalidation levels, and most importantly, how traders should interpret the ongoing volatility, manage expectations in the midst of […]

ZEC remained under strong bearish pressure as price continued printing lower highs and lower lows, with trendline resistance capping recovery attempts. At press time, Zcash traded near $245 after bThe post ZEC breaks $300 support as bears tighten grip – $200 next for Zcash IF… appeared first on AMBCrypto.

Traders were active in BlackRock’s iShares Bitcoin Trust ETF on Thursday as Bitcoin plummeted, falling 12% in the last 24 hours.

• #bitcoin

XRP just gained a new category of on-chain utility following the launch of modular lending on the Flare Network. According to a recent announcement by the blockchain network, modular lending for XRP has debuted on the network through an integration with Morpho and Mystic Finance. The new update makes it such that FXRP holders can […]

Treasury Secretary Bessent Slams Crypto Blocking U.S. Market Structure Bill In a heated Senate hearing, U.S. Treasury Secretary Scott Bessent took a strong stand against parts of the crypto industry. He called out what he sees as crypto who resist […] The post Treasury Secretary Bessent Slams Crypto Nihilists Blocking U.S. Market Structure Bill appeared first on Blockmanity.

Ripple Prime expands institutional reach into onchain derivatives by integrating Hyperliquid, allowing firms to access decentralized liquidity while managing multi-asset exposures under a single, capital-efficient prime brokerage framework. Institutions Just Got New DeFi On-Ramp as Ripple Backs Hyperliquid Liquidity The expansion of institutional crypto infrastructure continues as platforms integrate decentralized markets. Ripple, a blockchain-based enterprise […]

The price of bitcoin sliced through the $61,000 mark on Thursday, sliding to an intraday low of $60,000 per coin on Binance as the day’s selling pressure refused to let up. The steep pullback has rattled investors across the board, with chatter everywhere centering on when—if ever—the pressure finally eases. Bitcoin Sinks 17% in a […]

• #bitcoin

The blockchain boom has accelerated, driving a sharp rise in active networks. DefiLlama now tracks more than 500 chains, highlighting the scale of this growth. While many new chains have launched, The post High market cap, few actual users: Which ghost chains should you look out for in 2026? appeared first on AMBCrypto.

Pantera Capital CEO Dan Morehead told attendees at Ondo’s conference that sovereign competition could become the next big driver of bitcoin demand, predicting what he called a “global arms race” for BTC “within the next two or three years” as countries rethink reserve strategy in a more fractured geopolitical environment. “I would say my one […]

• #bitcoin

Bitcoin and the broader crypto market now appear more violent than the 1929 U.S. stock crash, as extreme boom-and-bust cycles compress historic levels of risk into years, warns Bloomberg Intelligence strategist Mike McGlone. Strategist Says Bitcoin and Cryptos 2026 Make 1929 Stock Market Crash Look Tame Bloomberg Intelligence Senior Commodity Strategist Mike McGlone shared on […]

• #bitcoin

Retail credit withdrawals on NEXO [NEXO] opened in January 2025 at an elevated $136.63 million. This reflected aggressive leverage deployment during strong market conditions. As volatility rose, withThe post What NEXO’s 83% credit drop signals about risk appetite in crypto appeared first on AMBCrypto.

The market is being pushed toward even lower levels than we have witnessed before; unfortunately, it might fall through.

• #bitcoin

Arthur Hayes sent roughly 3.63 million ENA, valued near $487K, to Galaxy and Binance, pulling market attention toward centralized liquidity dynamics.  This transfer introduced tradable supply at aThe post Ethena absorbs Hayes’ 3.6mln transfer – Why ENA refuses to break down appeared first on AMBCrypto.

Amazon stock drops over 10% after unveiling $200B AI-related capex plans for 2026, despite strong Q4 earnings. The post Amazon stock sinks 10% despite earnings beat on $200B capex shock appeared first on Crypto Briefing.

Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being down 17.5% on its Bitcoin holdings.

• #bitcoin

This week, the crypto asset exchange Bullish reported a steep fourth-quarter net loss even as adjusted revenue, EBITDA, and activity in its bitcoin options market climbed sharply, pointing to a widening gap between headline results and underlying operating momentum. Bullish Earnings Reveal Options Growth Outpacing Accounting Pain On Thursday, Bullish said net income for the […]

• #bitcoin

Bitcoin Crashes 13% Under $64K: Sell-Off Accelerates as Crypto Doubts Mount Bitcoin has taken a sharp hit. The price dropped and broke below , shaking investor trust. Once called , Bitcoin now faces big questions about its real value. What […] The post Bitcoin Crashes 13% Under $64K: Sell-Off Accelerates as Crypto Doubts Mount appeared first on Blockmanity.

• #bitcoin

Tether acquires 12% of Gold.com as gold-backed XAUT surpasses $2.4B and leads $5.5B tokenized gold market after metal hit $5.5K in January. The post Tether acquires 12% stake in Gold.com in $150M strategic investment appeared first on Crypto Briefing.

Crypto market sentiment has slipped decisively into extreme fear, with the Crypto Fear and Greed Index falling to 11, one of its lowest readings since late 2023.  The sharp deterioration reflects The post Crypto market sentiment plunges to extreme fear appeared first on AMBCrypto.

Strategy suffers $12.4B Q4 loss as Bitcoin market downturn sinks BTC to $64K, stock down 17%, yet affirms its long-term Bitcoin strategy. The post Strategy posts $12.4B Q4 loss as Bitcoin sinks to $64K and stock tumbles 17% appeared first on Crypto Briefing.

• #bitcoin

Cardano, Chainlink, and Stellar are set to score new institutional milestones. From the 9th of February, the Chicago Mercantile Exchange (CME) will support Futures products for these altcoins, opeThe post CME to support Cardano, Chainlink, and Stellar - Potential impact on altcoins?  appeared first on AMBCrypto.

• #litecoin
• #Cardano

Out with crypto, in with gambling. Gemini is laying off employees and shifting focus to Gemini Predictions, a platform that has processed over $24 million in volume since December.

The Ethereum network and its price are moving in separate directions as the market faces continued bearish action. On-chain data are showing that the ETH network is performing at one of its most remarkable rates while its price action continues to lag behind due to the ongoing volatile landscape.  All-Time High Network Usage, But Flat […]

Lately, veteran trader Peter Brandt has been flashing a bearish read on bitcoin, leaning on old-school chart work, familiar technical formations in recent price action, and the kind of market scar tissue that only decades of trading can provide. On Thursday, when bitcoin sank awfully close to the $60,000 handle, Brandt cautioned that the move […]

• #bitcoin

Bitcoin's bearish reversal hints at a potential market low amid rising volatility and shifting sentiment. The post Katie Stockton: Bitcoin’s bearish reversal signals a market shift, Ethereum set to outperform in the long term, and the role of technical analysis in volatile conditions | Unchained appeared first on Crypto Briefing.

• #bitcoin

On Thursday, Feb. 5, 2026, XRP suffered one of its steepest declines of the year, plunging 15% in 24 hours to a low of $1.22. This crash wiped out nearly 45% of its value since its January peak and erased gains dating back to late 2024. Steep Losses and Derivatives Liquidations The bearish sentiment gripping […]

Why Spells Trouble for More Than Just Crypto Fans Bitcoin has taken a sharp turn. The king of cryptocurrencies just fell below $67,000, marking its lowest point in over a year. This drop is not just a blip for crypto […] The post Why Bitcoin’s Price Surprise Spells Trouble for More Than Just Crypto Fans appeared first on Blockmanity.

• #bitcoin

Dow Crashes as Bitcoin Plunges Below $67K: Crypto’s Risk-Off Reckoning in 2026 U.S. stock markets took a hard hit on Thursday, with the shedding . This drop pushed the into negative territory for 2026. Tech stocks led the rout, and […] The post Dow Crashes Nearly 600 Points as Bitcoin Plunges Below $67K: Crypto’s Risk-Off Reckoning in 2026 appeared first on Blockmanity.

• #bitcoin

Hong Kong's sandbox role allows China to explore new financial technologies, like a gold-backed digital asset. Why does it matter? It could potentially be a stable alternative to the dollar.

Bitcoin dropped under 63,000 as investors reacted to dismal US economic data, a weakening stock market and fears of an AI industry bubble. Does data forecast a return to $90,000 by March?

• #bitcoin

Crypto firms offered concessions on stablecoins, including reserve-sharing with banks, to ease tensions blocking a major digital asset bill.

For years, Michael Saylor’s Strategy has been seen as either brilliantly bold or dangerously reckless for its heavy bet on Bitcoin [BTC]. Now, that bet is under serious pressure. Recent data fromThe post $40B erased in 4 months: Is Strategy’s Bitcoin bet backfiring? appeared first on AMBCrypto.

• #bitcoin

TLDR: BitMine’s ETH holdings drop to $8.4B, down $8B from the initial $16.4B investment.  BMNR stock plunges 88% since its July peak amid Ether price declines.  Over 2.9M ETH staked, generating 2.81% annual yield in staking rewards.  BitMine holds $538M cash with no debt, allowing it to maintain ETH positions.   BitMine ETH losses have [...] The post BitMine’s Ethereum Treasury Drops $8B as Ether Falls Below $2,000 appeared first on Blockonomi.

Crypto pundit Stern Drew has stated that permissioned domains were the last piece Ripple needed for institutions to deploy liquidity on the XRP Ledger (XRPL). This came as he alluded to an earlier statement by the firm’s former Chief Technology Officer (CTO), David Schwartz, in which he touched on these permissioned domains and how they […]

Finder’s latest January 2026 survey of crypto industry specialists paints a cautiously optimistic picture for bitcoin in 2026, with most panelists expecting higher prices even as volatility and institutional dominance reshape the market. Bitcoin Price Predictions Cool Slightly, Finder Experts Remain Bullish According to the 2026 predictions report from Finder, a panel of 21 industry […]

• #bitcoin

European tokenization companies urged EU lawmakers to quickly amend the DLT Pilot Regime, warning that current limits risk pushing onchain markets to the US.

Bitcoin Magazine Bitcoin Price Plunges Toward $60,000 as $1 Billion in Liquidations Hit in 24 Hours Bitcoin price has fallen roughly 50% from its all-time highs, with over $1 billion in liquidations recorded in the past 24 hours. This post Bitcoin Price Plunges Toward $60,000 as $1 Billion in Liquidations Hit in 24 Hours first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

• #bitcoin

TLDR: ETH declines nearly 48% from $3,700 to $1,928 in three months of corrective movement.  $2,000–$1,500 identified as the primary Fibonacci accumulation range for long-term investors.  $1,700 (0.618 Fib) and $1,300 (0.786 Fib) act as key retracement and reset levels.  Monthly charts confirm macro expansion remains intact despite mid-cycle ETH correction.   The price of [...] The post Ethereum Plunges 48% to $1,861: Why $2,000–$1,500 Is Now the Key Accumulation Zone appeared first on Blockonomi.

Dogecoin and Shiba Inu slid deeper into selloff territory even as on-chain activity spiked, underscoring a growing disconnect between network usage and price action across the meme-coin sector.

While prices crumble, the architectural future of the world’s second-largest blockchain is being radically rewritten.

TLDR: Wormhole processed $17.6B in 2025 volume, bringing cumulative transactions beyond $70B milestone.  BlackRock, Apollo Global, and VanEck deployed tokenized funds across chains via Wormhole infrastructure.  Over 100 tokens worth $170B in market cap launched using Wormhole’s NTT standard across 40+ blockchains.  Ripple’s RLUSD and Sky’s USDS adopted NTT for native multichain expansion without liquidity [...] The post Wormhole Records $17.6B in 2025 Volume as Institutions Drive Multichain Adoption appeared first on Blockonomi.

CleanSpark shares plummeted as investors wait for that earnings report, and with the volatility in the crypto sector, it’s anyone’s guess where the stock might land next.

The price of bitcoin sank to roughly $62,200 on Feb. 5, 2026, as a full-blown risk-off mood rippled through global markets, fueled by rising geopolitical strain, economic jitters, and a cascade of forced liquidations across the cryptocurrency sector. Bitcoin Breaches Key Support as Liquidations Snowball and Stocks Stumble Roughly $2.06 billion in crypto derivatives positions […]

• #bitcoin

TLDR LSEG shares rose by 7.4% on Thursday after a 19% drop in the previous two days. JPMorgan and Goldman Sachs reassured investors by downplaying AI risks to LSEG’s business. JPMorgan’s Enrico Bolzoni clarified that AI companies are working with LSEG, not replacing it. LSEG’s partnership with Anthropic provided AI access to the company’s financial [...] The post LSEG Shares Surge 7.4% After JPMorgan and Goldman Sachs Defend Stock appeared first on Blockonomi.

TLDR Bitcoin has dropped to $65,000, erasing all gains since Donald Trump’s reelection in 2024. The cryptocurrency has lost nearly $25,000 since last Wednesday and is now almost 50% off its all-time high. Analysts suggest that the recent BTC crash is primarily driven by emotional selling and market sentiment. Experts from the Kobeissi Letter attribute [...] The post BTC Crash to $65K: Analysts Explain Emotional Selling Behind Drop appeared first on Blockonomi.

A governance dispute has emerged between CEA Industries and YZi Labs. This raises uncertainty over the execution and cost structure of CEA’s BNB-focused corporate treasury strategy. The disagreemThe post CEA Industries, YZi Labs clash over BNB treasury fees and control appeared first on AMBCrypto.

Crypto stocks continued their strong downward momentum, erasing billions of dollars, as Bitcoin and other altcoins slumped.

XRP’s online mood is holding up even as prices slide, creating a split between what traders say and what markets are doing. Related Reading: Coinbase Escalates Fight With Australian Banks Over Crypto Bans XRP Social Mood Outpaces Peers According to Santiment, social chatter around XRP has a far higher positive-to-negative ratio than the big two […]

• #bitcoin

As demand for dollar-pegged liquidity continues to rise, Tether's [USDT] footprint is beginning to compete with Ethereum [ETH] for the market's #2 spot. Things are heating up! Tether closes in on The post How USDT’s $185B growth could challenge Ethereum’s position appeared first on AMBCrypto.

TLDR Aster’s layer-1 blockchain testnet is now live for all users, marking a key milestone for the platform. The Aster team plans to launch the mainnet in the first quarter of 2026. New features, including fiat currency on-ramps, will be introduced in Q1 2026. Aster will release its code for developers, fostering ecosystem growth and [...] The post Aster Testnet Launches; Mainnet Rollout and New Features Coming in Q1 appeared first on Blockonomi.

Bitcoin Magazine Paystand: The Payments Giants Quietly Supporting Bitcoin Circular Economies Paystand CEO Jeremy Almond revealed massive Bitcoin mining operation, teases B2B layer two protocol and his strategy to orange pill corporate America. This post Paystand: The Payments Giants Quietly Supporting Bitcoin Circular Economies first appeared on Bitcoin Magazine and is written by Juan Galt.

• #bitcoin

TLDR: Ethereum state grows 100 GB yearly; 20x scaling would create 8 TB state in four years for builders.  Strong statelessness and state expiry solutions face backwards compatibility issues with existing apps.  New temporary storage resets monthly while UTXO systems enable zero-duration expiry for cost savings.  Developers can keep using permanent storage initially, then migrate [...] The post Vitalik Buterin Proposes Multi-Tiered State Design to Achieve 1000x Ethereum Scaling appeared first on Blockonomi.

TLDR: Bitcoin slipping below $70K triggers renewed selling pressure as sentiment moves into extreme fear.  Crypto Fear & Greed Index drops near its lowest levels this year, reflecting intense market anxiety.  BTC hits a low near $67,000, the weakest level since late 2024, deepening the downtrend.  Broader risk asset sell‑offs contribute to crypto market losses [...] The post Bitcoin Slips Below $70K as Extreme Fear Grips Crypto Markets appeared first on Blockonomi.

• #bitcoin

TLDR IQVIA’s stock dropped 8.5% following the company’s weaker-than-expected 2026 profit forecast. The company’s adjusted earnings forecast for 2026 ranged from $12.55 to $12.85 per share, missing Wall Street’s estimate of $12.95. Despite strong fourth-quarter results, IQVIA’s revenue of $4.36 billion and adjusted profit of $3.42 per share were overshadowed by the weak outlook. Investors [...] The post IQVIA Stock Drops as 2026 Outlook Misses Wall Street Expectations appeared first on Blockonomi.

Precious metals are tracking the sell-off in U.S. equities and crypto markets on Thursday, with bellwethers gold and silver continuing their downward march. Gold is down 1.35% on the day, while silver is taking the harder hit, shedding nearly 10% and making gold’s stumble look almost polite by comparison. Gold Drops, Silver Staggers as Market […]

Gemini, a US-based cryptocurrency exchange founded in 2015, will focus on growth in the United States due to its deep capital markets.

XRP has plummeted over 20%, leading a catastrophic altcoin rout that has wiped out nearly $1 trillion in market value.

TLDR Barrick Gold’s fourth-quarter net earnings increased by 151% year-on-year, reaching $1.43 per share. The company’s operating cash flow rose by 96%, reaching $2.73 billion, while free cash flow tripled to $1.62 billion. Barrick confirmed plans to spin off its North American gold assets through an IPO expected to be completed by late 2026. Despite [...] The post Barrick Shares Dip Despite Strong Q4 Earnings, IPO Announcement appeared first on Blockonomi.

Nvidia shares slid to their lowest level since December, falling roughly 20% from record highs as an accelerating rotation from growth to value pushed the world’s most valuable company into bear-market territory.

Bitcoin touched new lows under $64,000 as market selling reached a historic level, and analysts warn that the bottom is not in. Does data support analysts’ sub-$60,000 prediction?

• #bitcoin

Markets sold Bitcoin after Warsh nomination, but Binance Research argues liquidity and structural limits make severe QT unlikely.

TLDR BitMine holds 4.29 million ETH, now worth $8 billion less than its initial investment. Ethereum’s price drop to below $2,000 has caused significant unrealized losses for the company. BitMine’s stock has fallen 88% from its peak in July, reflecting investor concerns over Ethereum exposure. The company continues to accumulate Ethereum and generates income through [...] The post BitMine Faces $8 Billion Loss as Ethereum Drops Below $2,000 appeared first on Blockonomi.

The question now is whether a price dump below $1.00 is inevitable at this point.

The investment extends an existing partnership with Anchorage and comes as the federally regulated crypto bank explores a major capital raise ahead of a potential IPO.

TLDR COIN stock dropped more than 8% on Thursday due to the ongoing weakness in Bitcoin prices. Investors are focusing on Coinbase’s upcoming fourth-quarter earnings report scheduled for February 12. Analysts predict flat revenue for Coinbase in Q4 with a projected $1.86 billion, similar to last year. Coinbase is expected to report a 50% drop [...] The post COIN Stock Falls 8% with Investors Eyeing Flat Revenue for Q4 appeared first on Blockonomi.

Meanwhile, XRP continues to be the poorest performing altcoin today.

• #bitcoin

The XRP Ledger is currently operating at a rapid level as transactions and usage continue to climb, pointing to growing demand for block space and network utility beneath the surface. With this significant usage, the Ledger’s transaction velocity has spiked to record levels. Transaction Velocity On The XRP Ledger climbs While prices are trending downward […]

Only days after issuing a fresh warning to the Bitcoin (BTC) community, Michael Burry — the Wall Street investor made famous by his bet against the US housing market ahead of the 2008 financial crisis — appears, at least so far, to be proven right.  As of Thursday, Bitcoin was trading near $65,850, extending losses […]

• #bitcoin

As the big caps keep breaking support and major unwinds hit, investors are rushing to hedge their risk. Historically, moves like this often push capital into altcoins as a safety valve against volatilThe post Ethereum at 3-year low against Bitcoin? – History says THIS comes next… appeared first on AMBCrypto.

• #bitcoin

TLDR Arm stock rose 5% following fiscal third-quarter results that surpassed analyst expectations. The company reported strong royalty revenue driven by high-end smartphone chips. Analysts believe concerns over slowing smartphone demand may be overstated. Arm’s licensing revenue came in below expectations, raising concerns about future growth. Jefferies maintained a Buy rating on Arm, lowering its [...] The post Arm StocksJump 5% as Analysts Downplay Smartphone Demand Issues appeared first on Blockonomi.

Ethereum price remains under bearish pressure, with price rotating lower within a high-timeframe range and downside risk building toward the $900 support zone.