Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff

Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff

Bitcoin Magazine Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff South Korea-based cryptocurrency exchange Bithumb reportedly made an operational mistake that led to the accidental deposit of large amounts of Bitcoin to user accounts during a promotional event. The exchange had planned to distribute small cash rewards through […]

2026-02-07
TREE Consolidates Below $0.234 After Weekly Stabilization Near Lows

TREE Consolidates Below $0.234 After Weekly Stabilization Near Lows

TREE traded within mixed technical conditions as traders balanced short-term volatility against broader price recovery attempts across spot and derivatives markets. Recent data shows TREE at $0.228, down 2.4% on the day.  At the same time, the weekly perpetual chart highlights a much lower historical trading range. That chart shows TREE last priced near $0.0733, […]

2026-02-07
Bitcoin crashed to $55,000 on Bithumb after exchange accidentally airdropped users 2,000 BTC

Bitcoin crashed to $55,000 on Bithumb after exchange accidentally airdropped users 2,000 BTC

An internal reward distribution mistake briefly sent bitcoin prices sharply lower on South Korea’s Bithumb exchange after users were mistakenly credited with large phantom balances.

2026-02-07
China expands crypto crackdown to stablecoins, asset tokenization

China expands crypto crackdown to stablecoins, asset tokenization

The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.

2026-02-07
Bitwise says peak anxiety signals crypto market is nearing a bottom

Bitwise says peak anxiety signals crypto market is nearing a bottom

The crypto asset manager argued that while the current drawdown mirrors the anxiety of 2018 and 2022, long-term upside catalysts remain intact.

2026-02-06
Bitcoin beats FTX, COVID-19 crash with record dive below 200-day trend line

Bitcoin beats FTX, COVID-19 crash with record dive below 200-day trend line

Bitcoin bear market momentum sparked a record crash below the 200-day simple moving average as analysis expected BTC price “mean reversion” next.

2026-02-06
Hedera (HBAR) Rebounds from $0.074 Low as Trading Activity Surges to $415M

Hedera (HBAR) Rebounds from $0.074 Low as Trading Activity Surges to $415M

Hedera (HBAR) surged by 1.92% to $0.08628 after hitting its recent low at $0.07436, as of February 6, 2026, its trading volume rises by 72% to $415 million. Despite this, over the past seven days, HBAR has declined nearly 18.3%, reflecting persistent selling pressure in the market. HBAR Breaks Key Weekly Support Level In X

2026-02-06
Bitcoin Whales Holdings Hit 9-Month Low as BTC Slides

Bitcoin Whales Holdings Hit 9-Month Low as BTC Slides

BTC price falls and the holdings of Bitcoin whales decreased to a new 9-month low. Despite the extreme fear levels, retail investors keep buying.

2026-02-06
Ethereum (ETH) Tests Critical Support: Long-Term Rally Could Hit $10K–$20K

Ethereum (ETH) Tests Critical Support: Long-Term Rally Could Hit $10K–$20K

Ethereum (ETH) fell below $2,000 on Friday, February 6, extending its sell-off after breaking the critical $3,700–$3,600 support zone earlier this month.  According to crypto analyst Crypto Patel, the breakdown confirmed a broader bearish structure, signaling a shift from distribution into a corrective phase. Since then, ETH has dropped more than 50% and is now

2026-02-06
Bitcoin (BTC) Pumps to $66,845 Amidst Bearish Trend

Bitcoin (BTC) Pumps to $66,845 Amidst Bearish Trend

Bitcoin’s price has recovered to over $65,000, a rise of 11% from 15-month lows that were below $60,000, where institutional investors are taking advantage of the dip to buy. The crypto market lost more than $2.6 billion, with Bitcoin alone responsible for $1.1 billion in long liquidations. Institutional Dip, Buyers Emerge Binance’s Secure Asset Fund

2026-02-06
ARK Invest’s Strategic Shift: Sells $17M in Coinbase, Bets Big on Bullish

ARK Invest’s Strategic Shift: Sells $17M in Coinbase, Bets Big on Bullish

Cathie Wood’s ARK Invest has been active in the crypto industry, partly selling 17.4 million in Coinbase (COIN) shares while also investing $17.8 million into Bullish (BLSH), a digital asset platform geared towards institutional investors. This move aligns with the crypto industry, which is stumbling, wherein Coinbase’s share price has dropped 37% on a year-to-date

2026-02-06
NFT Market Cap Plumps to 2021 Levels, Dips Below $1.5B Amidst Bearish Trend

NFT Market Cap Plumps to 2021 Levels, Dips Below $1.5B Amidst Bearish Trend

The non-fungible token (NFT) market has significantly dropped, with its total market capitalization shrinking to under $1.5 billion, which is about the level before the sector experienced a rapid expansion in 2021. The decline in the NFT market is in line with the overall downturn of the crypto market, as top assets such as Bitcoin

2026-02-06
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