ISM Manufacturing PMI at 40-month high: Analysts say BTC could benefit
The rise and fall of the manufacturing index from mid-2020 through 2023 closely mirrored Bitcoin and the broader crypto market’s price movements over the same timeframe.
BitRiver Faces Bankruptcy Amid $9.2 Million Debt and Data Center Shutdowns
Russia’s largest Bitcoin miner, BitRiver, is on the brink of bankruptcy after a court launched insolvency proceedings over unpaid debts totaling $9.2 million (700 million rubles). According to the report from Feb 2, the Sverdlovsk Regional Arbitration Court initiated observation proceedings against Fox Group of Companies LLC, which owns 98% of BitRiver Management Company, following
Dogecoin Rally Alert: $0.109 Base Holds as Institutional ETF Arrives
Dogecoin (DOGE) climbed 5.19% to $0.1093 on Monday, with a 24-hour trading volume of $2.29 billion, down 5.03% from the previous session, according to CoinMarketCap data. Over the past week, DOGE has declined 10.75%, reflecting ongoing market pressure. The cryptocurrency has been trading within a defined price range, holding critical support levels that have repeatedly
Bitcoin Slides 16% As Retail Fear Hits Critical Post-November Lows
Bitcoin failed to regain strength on February 2 as weak sentiment lingered after last month’s sharp sell-off. The asset fell nearly 16% since January 28, briefly touching $74,600 before stabilizing around the $78,000–$78,500 range, driven largely by retail-led panic selling. According to Santiment data from February 2, the negative sentiment of Bitcoin reached its peak
Crypto bear market is nearing end, with $60K as key bitcoin floor, Compass Point analysts say
Further downside would likely require a U.S. equity bear market, analysts say, as bitcoin tests weak support.
Only Final BDAG Coins Remain at $0.0005, and the 10,000x Opportunity is Still there!
BlockDAG no longer needs to promote a future vision. It has already raised over $453 million, confirmed its exchange roadmap, and set a clear end point for its presale. What remains is straightforward. The final BDAG coins are available at $0.0005, marking the last opening before this phase closes permanently. There is no added supply […]
ZKP Crypto Surges Toward 10,000x Potential as Stage 2 Presale Auction Sees Massive Early Backing
Zero Knowledge Proof (ZKP) has officially entered its stage 2 of presale auction. This milestone signals more than simple progress; it introduces a new phase in how the token economy evolves under real market pressure. Unlike most token sales, where each stage only raises the price, this transition brings a structural change. The daily distribution […]
Crypto Funds Record $1.7B Outflows as Bitcoin Slide Deepens
Crypto fund outflows reached $1.7 billion this past week with Bitcoin weakness and macro uncertainty conditions driving market sentiment into extreme fear.
Ethereum Surges: Could ETH Reach $2,761 After BitMine’s Strategic Buy?
Ethereum (ETH) is currently trading at $2,361.73 on Monday, up 2.89%, with 24-hour trading volume reaching $56.91 billion, marking a 17.2% increase, according to CoinMarketCap data. Despite this intraday gain, the cryptocurrency has declined 18.2% over the past week, having traded near $2,372.40. Analysts note that ETH is attempting to stabilize after a steep drop,
Hyperliquid HIP-4 Outcome Trading Goes Live on Testnet
Hyperliquid announced on February 2 that its HyperCore trading engine will add outcome-based contracts under a proposal known as HIP-4, introducing a new way to trade derivatives without leverage or liquidations. The feature is currently live on testnet and is aimed at supporting use cases such as prediction markets and range-bound trading strategies. The update
Gold Falls 20% From Peak as Market Value Drops Significantly
Gold price has seen a sharp decline from recent record highs, representing a dramatic drop among the sharpest seen over the past few years. The drop has wiped out trillions of dollars in market value, sparking new questions regarding the place of gold during a time of increased volatility. The drop comes amidst a time
NY Prosecutors Raise Fraud Concerns Over GENIUS Act Enforcement Rules
The New York prosecutors have issued a warning on Monday regarding the federal stablecoin law referred to as the GENIUS Act. Critics have pointed out that this law fails to provide robust safeguards against fraud. According to a CNN report, the framework of the law may offer issuers legal protection while victims are unable to