US Treasury Secretary Bessent Confirms US Lacks Authority to Use Taxpayer Funds to Bail Out Bitcoin
The U.S. Treasury Secretary, Scott Bessent, informed legislators that federal legislation prohibits Bitcoin bailout. He tackled the matter at a House Financial Services Committee hearing this week. 🚨 UPDATE: Treasury Secretary Bessent says the US Treasury has no authority to use taxpayer funds to bail out Bitcoin. pic.twitter.com/N0SL023isg — Cointelegraph (@Cointelegraph) February 4, 2026 The […]
Bitcoin’s limited supply won’t help stop the selloff
Your day-ahead look for Feb. 5, 2026
Will XRP Plunge Below $1 in February? ChatGPT Reassesses After Ripple’s Crash
The price moves from precisely a month ago could hardly have anticipated what happened in the following 30 days. XRP, for example, skyrocketed by 30% at the time to $2.40 amid growing ETF inflows. The subsequent rejection and correction, though, were brutal. After several consecutive leg downs, the culmination, at least for now, transpired earlier […]
Bitcoin, ether slide 7% as market ‘fear’ increases, liquidations mount
Crypto markets extended losses amid heavy derivatives liquidations and macro headwinds, with traders bracing for further downside if bitcoin breaks key support.
Brazil moves to ban algorithmic stablecoins like Ethena’s USDe
New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked stablecoins.
Bitcoin (BTC) Bail-Out: U.S. Treasury not Authorised, Massive 2026 Break Through
The political world is now paying attention to Bitcoin (BTC) again. The current situation does not involve price charts and halving cycles but deals with power and policy and restraint. US Treasury Secretary Scott Bessent told Congress that the United States will keep Bitcoin seized through asset forfeiture. The government will not provide support to
MicroStrategy (MSTR) Slides $129.09 as Bitcoin Drop Sparks Leverage Concerns
MicroStrategy Inc. (MSTR) is facing increased pressure, with the stock closing at $129.09 on Thursday, February 5, 2026. This is mainly due to the decrease in the value of Bitcoin and the fact that the company has significant leverage. This shows the risks associated with MicroStrategy’s famous strategy of holding large quantities of Bitcoin on
Serious $50K Bitcoin Warning Rattles Market as Crash Fears Grow
Clearly, it is a rough day on the charts. Bitcoin, Ethereum, and most of the top 10 assets are in the red, extending losses from the end of 2025. Whether this state of affairs will continue remains to be seen. What’s evident, however, is that the Bitcoin price is dropping so fast and by so […]
Binance Pulls Far Ahead With $155B in Crypto Reserves
Binance reportedly holds more crypto reserves than every major rival combined, based on CoinMarketCap’s January 2026 Proof of Reserves data. The exchange controls about $155 billion in user-backed assets. For context, the closest competitor, OKX, held around $31.29 billion, followed by Bybit at approximately $14.17 billion. Other notable exchanges included Gate (~$7.86 billion), HTX (~$6.92 […]
Vitalik Buterin Pushes Ethereum Builders to Move Beyond Clone Chains
Vitalik Buterin has warned Ethereum developers against building “copy-paste” EVM chains and superficial layer-2 connections, arguing that the ecosystem risks stagnation if it continues prioritising convenience over genuine innovation. Have been following reactions to what I said about L2s about 1.5 days ago. One important thing that I believe is: “make yet another EVM chain […]
Bitcoin Trades 20% Below Production Cost as Miner Profitability Drops to 14-Month Low
Bitcoin has slipped to roughly $70,000 on February 5 — about 20% below the estimated $87,000 cost to produce a single coin — as hashrate declines, shrinking margins, and a broader market rout drag miner profitability to its lowest point in 14 months. Key Takeaways: – Bitcoin is trading near $71,000, roughly 20% below its […]
Why Is Crypto Down Today? – February 5, 2026
The crypto market is down today, posting a notable decrease. It fell 6.4% over the past 24 hours to $2.49 trillion. Moreover, 92 of the top 100 coins saw their prices drop. Also, the total crypto trading volume stands at $216 billion, higher than what we’ve been seeing over the past few days. TLDR: Crypto […]