Crypto market brightens after selloff that sent bitcoin to lowest since October 2024
A brutal crypto selloff erased $2.6 billion in leveraged bets, sent bitcoin to $60,000 and left markets deeply oversold.
Weak earnings drag IREN, Amazon; bitcoin stocks rebound in pre-market
Earnings disappointments weigh on AI related tech, while crypto sentiment improves on bitcoin’s rebound.
Michael Saylor Says MSTR Will Launch Bitcoin Security Program to Address Quantum Risks
Michael Saylor has announced that $MSTR will launch a Bitcoin Security Program focused on quantum computing risks. The update places Bitcoin security at the center of Strategy’s long term planning. The program will involve coordination with global cybersecurity and crypto communities. Moreover, the initiative reflects Strategy’s responsibility as one of Bitcoin’s largest corporate holders. 🔥LATEST: […]
IBIT Crashes 48% as Bitcoin Bloodbath Deepens
Traders reacted to a Bitcoin market crash, which brought BlackRock’s iShares Bitcoin Trust (IBIT) to its highest trading volume day. The market experienced increased volatility after Bitcoin dropped 12% within 24 hours, which resulted in IBIT becoming one of the most actively traded exchange-traded funds throughout global financial markets. The daily trading record of IBIT
Hyperliquid Shows Strength Amid Market Downturn, Eyes $40 Target
Hyperliquid (HYPE) is currently showing signs of strength despite the overall downturn in the crypto market, indicating a potential gain for its investors. The technical analysis of the cryptocurrency indicates that it is currently entering a stronger bullish trend. Hyperliquid is holding its ground despite the overall downturn in the crypto market, trading at $35.06
Hedera Hashgraph (HBAR) Selling Pressure Hits Support and $0.126–$0.177 Resistance Zone
Hedera Hashgraph (HBAR) declined on February 6 as selling pressure increased, causing the asset to fall to a major technical support level. This has increased the possibility of the asset declining further. This comes as the altcoin market has declined, and investors are waiting to see whether the asset can stabilize or continue declining. At
Cardano (ADA) Eyes $0.40–$1.32 Rally as Key Support Zone Sparks Accumulation
Cardano (ADA) is currently testing a major support zone, which is a price level that has historically seen significant rallies. At press time, Cardano is trading at $0.2499 as of February 6, with a trading volume of $2.93 billion within the last 24 hours and a market capitalization of $9.09 billion, having experienced a 11.28%
MARA Digital Moves $87M in Bitcoin BTC as Miner Treasuries Shift
Balls of steel; that’s what those who HODLed Bitcoin yesterday needed when prices plunged by more than $10,000. As the digital gold acts more like a volatile Solana meme coin, institutions are recalibrating. True, some like MicroStrategy, or Strategy now, might be smiling, but they remain under immense pressure. However, looking at on-chain data, there […]
Kalshi Tightens Surveillance as Super Bowl Bets Hit $170M
Kalshi just tightened its trading surveillance days before the Super Bowl, adding an independent oversight committee and new data partners. Nearly $170 million has already flowed into Kalshi Super Bowl bets, putting unusual attention on how fair those markets really are. Prediction markets are expanding fast in the US, while states and federal agencies question […]
Over $1T Wiped From The Market But Bitwise Says Crypto Winter Is Near Its End
Bitwise CIO Matt Hougan recently described the crypto market as locked in a full-blown winter since January 2025. A brutal, 2022-style downturn driven by excess leverage, widespread profit-taking by early holders, and sustained price pressure across the board. He likens it to “Leonardo DiCaprio in The Revenant”: harsh, prolonged, and not just a routine pullback. […]
Lummis Wants Banks to Embrace Stablecoins, CLARITY Act Stalls
Billionaires managing multi-trillion-dollar portfolios are bullish on a future that is tokenized. They expect real estate, bonds, currencies, and pretty much everything of value to float on public ledgers like Ethereum and Solana in the coming months. Tokenization of fiat, like the USD and Euro, has been a huge success. As of February 6, over […]
Crypto News Today, February 6: Supercycle They Say! Sentiment Hit Rock Bottom, BTC USD Touched $60K, ETH Under $2K
Supercycle narrative, once treated like gospel, took a serious hit as BTC USD slid all the way to $60,000 and ETH USD cracked below $2,000. Is this just another brutal shakeout or the moment the supercycle myth finally broke? Either way, BTC USD and ETH USD are now inseparable from rock bottom sentiment. Crypto Fear […]