Bitcoin and crypto bull Tom Lee is offering an explanation for why his predictions on the year-end price of BTC have not come to pass. In a new note to clients, the co-founder and head of research at Fundstrat says the market has severely undervalued Bitcoin throughout the year, largely due to a “meltdown” in …
Category archives: Trending Crypto news
Gemini announces exit from UK, EU, Australia, slashes workforce
Crypto exchange Gemini announced its exit from the United Kingdom, European Union and Australia markets on Thursday, as the company slashed its workforce by 25%. Gemini cited artificial intelligence automating labor and making engineers “100x” more efficient, and a more challenging business environment in the UK, EU and Australia, as reasons for the exit, according …
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Bitcoin slips under $64K as record-high selling intensifies: Where is the bottom?
Bitcoin (BTC) has fallen 13% over the past four days, sliding to $63,844 from $79,300. It is currently trading below $69,000, which is the 2021 bull market high, a level many see as a support level. The drop was matched by a sharp decline in futures activity, with BTC’s open interest falling by more than …
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Tether backs Anchorage Digital in $100M equity investment
Tether has made a $100 million strategic equity investment in Anchorage Digital, formalizing an existing relationship between the stablecoin issuer and the federally regulated US crypto bank. According to a post by Tether on Thursday, the investment builds on the companies’ prior collaboration, which includes Anchorage Digital’s role as the issuer of USAt, which launched …
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Wells Fargo Refuses To Reimburse Customer After $814,000 Abruptly Drained From Bank Account, Triggering Battle for Life Savings: Report
An elderly Wells Fargo customer suffering from multiple health issues says he lost hundreds of thousands of dollars after falling victim to a bank fraud scheme. Ninety-year-old Irving Rosenberg says he lost $814,000 to scammers who forged his signature on checks to drain his savings account, reports ABC7 Los Angeles. [adinserter block=”1″] But Rosenberg says …
$1,420,000,000 in Bitcoin and Crypto Liquidated As BTC Plummets To $66,800
Bitcoin’s price is in free fall as a cascade of liquidations hammer leveraged traders. BTC has dropped from $74,300 to a low of $66,800 in the last 24 hours, triggering a whopping $1.42 billion in liquidations, according to CoinGlass. Traders going long are suffering the most, recording $1.24 billion in liquidations. Most of the liquidations …
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Three signs that Bitcoin price could be near ‘full capitulation’
Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price dropped below $69,000, the lowest since Nov. 6, 2024. Analysts said that Bitcoin showed signs of “full capitulation” and a potential bottom forming, due to extreme market fear, panic selling by short-term holders and the relative strength index (RSI). Key takeaways: Short-term Bitcoin …
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Aster layer-1 blockchain testnet goes live, mainnet rollout targeted for Q1
The Aster decentralized crypto exchange (DEX) and perpetual futures platform announced on Thursday that its layer-1 blockchain testnet is now live for all users, with a potential rollout of the Aster layer-1 mainnet in Q1 2026. Several new features are slated for a Q1 launch, including fiat currency on-ramps, the release of the Aster code …
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Ether slips below $2K as ETH holder confidence faces major stress test
Ethereum’s native token, Ether (ETH), dropped to a year-to-date low of $1,927 on Thursday, and is currently down more than 60% from its all-time high of $4,950. Analysts said the decline is stress-testing holders’ conviction, and onchain and crypto exchange inflow data point to the start of a bear market. Despite the selling intensity, one …
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Polymarket, Circle partner in shift to native USDC settlement
Circle Internet Group has partnered with Polymarket to transition the prediction market’s settlement infrastructure to native USDC, replacing bridged stablecoin collateral used for trading on its platform. According to Thursday’s announcement, Polymarket currently uses bridged USDC (USDC.e) on Polygon as trading collateral and plans to migrate to Circle-issued native USDC (USDC) over the next few …
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Certora Awarded Ethereum Foundation Grant to Help Create a ZK Future for EVM
February 5th, 2026 – New York City, New York Certora, the full-stack security assurance platform trusted by the most advanced teams in Web3, has been awarded a research grant from the Ethereum Foundation to verify the correctness of autoprecompiles. Autoprecompiles are a key optimization in ZK computation developed by Powdr Labs for the Ethereum Foundation’s …
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Bitcoin price may drop below $64K as veteran raises ‘campaign selling’ alarm
Bitcoin (BTC) price dropped by more than 22.5% in the past week to $69,000 on Thursday, wiping out 15 months of gains entirely. However, the downtrend may not be over, according to veteran trader Peter Brandt. Key takeaways: Brandt says “campaign selling” is pressuring BTC, with miners and ETFs also cutting exposure. A potential bottom …
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Big questions: Should you sell your Bitcoin for nickels for a 43% profit?
Watch out Bitcoin, there’s a new inflation hedge in town. It’s no secret that when governments debase currencies, investors run to scarce, hard assets like gold, silver, real estate and Bitcoin. But investors occasionally share the idea online there’s an even harder money out there: the American five-cent coin, or at least, the metal that …
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Multiliquid, Metalayer launch instant redemption backstop for RWAs on Solana
Multiliquid and Metalayer Ventures have launched an institutional liquidity facility to provide instant redemptions for tokenized real-world assets (RWAs) on Solana. The facility allows holders of tokenized assets to convert positions into stablecoins instantly. The vehicle is raised and managed by Metalayer Ventures, with infrastructure and market support provided by Uniform Labs, the developer behind …
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ARK Invest Bets $60,900,000 on Seven Crypto-Related Stocks As Bitcoin Price Falters
Investor Cathie Wood is amassing crypto stocks amid a downturn that saw Bitcoin (BTC) plunge to its lowest price since 2024. Ark Invest’s trade disclosures show Wood’s funds bought additional shares in crypto-related firms as Bitcoin dips below $80,000. The company now holds $3.9 million of its exchange-traded fund (ETF) ARK Bitcoin Holding Company (ARKB), …