Ether’s recent crash below $2,000 leaves $686 million gaping hole in trading firm’s book

Ether’s recent crash below $2,000 leaves $686 million gaping hole in trading firm’s book

The firm’s looped ETH long position unraveled this week as ether’s price crashed, resulting in an estimated $686 million loss.

2026-02-07
UBS Says ‘Crypto Is Not an Asset’ as Bitcoin Whales and ETFs Pull Back

UBS Says ‘Crypto Is Not an Asset’ as Bitcoin Whales and ETFs Pull Back

UBS has taken a firm stance against digital assets, declaring that “crypto is not an asset” as Bitcoin whales and ETF investors begin pulling capital from the market. Bitcoin managed a bump to $70K this morning, but don’t pop the champagne just yet; the original cryptocurrency is still down 50% from its October highs. Market […]

2026-02-07
China Reiterates Crypto Ban While Cracking Down on Tokenized Assets and Yuan Stablecoins

China Reiterates Crypto Ban While Cracking Down on Tokenized Assets and Yuan Stablecoins

Like clockwork, China FUD is back just as Bitcoin slips into bear-market territory. Beijing has widened the scope of its cryptocurrency ban, explicitly targeting the tokenization of real-world assets and unauthorized stablecoins linked to its currency. China just reminded the global market that its door to cryptocurrency remains firmly shut. In a coordinated move involving […]

2026-02-07
Official Trump Meme Coin Tumbles After World Liberty Financial Probe

Official Trump Meme Coin Tumbles After World Liberty Financial Probe

Trump-linked cryptocurrencies took a massive hit over the last 24 hours, reminding investors that political coins are just as volatile as the rest of the market. Official Trump Meme Coin (TRUMP) and World Liberty Financial (WLFI) plummeted 14.6% and 10.8% respectively, following news of a government probe into the project’s foreign dealings. As sentiment across […]

2026-02-07
Kevin Warsh Will Trigger Bitcoin Regime Shift, Jeff Park Says

Kevin Warsh Will Trigger Bitcoin Regime Shift, Jeff Park Says

Bitcoin’s roughly 50% drawdown has less to do with cycle déjà vu than a deeper break in the market’s old playbook, according to Jeff Park, partner and CIO at ProCap Financial, who argues a prospective Kevin Warsh-led Federal Reserve could catalyze a regime shift in how Bitcoin trades. In an conversation with Anthony Pompliano, Park […]

2026-02-07
SHIB Tests Historic Support, Traders Eye Possible Rally

SHIB Tests Historic Support, Traders Eye Possible Rally

Shiba Inu is nearing a critical support level after months of sideways movement. Traders and analysts are watching closely, as the $0.0000067 area has historically marked a major turning point. The token has steadily declined from recent highs, testing investor patience and market sentiment. This technical setup suggests potential upside if buyers step in. Momentum […]

2026-02-07
Injective Rebounds 8%, $3 Support Could Unlock $10 Upside

Injective Rebounds 8%, $3 Support Could Unlock $10 Upside

Injective (INJ) climbed 7.61% on Saturday, reaching $3.24 as the token tested a historically significant support level. Trading volume rose 6.27% over the past 24 hours to $105.31 million, reflecting renewed market interest amid broader cryptocurrency volatility. Despite the daily rebound, INJ remains down 18.34% over the past seven days, underscoring the continued impact of

2026-02-07
Bitcoin Sell-Off May Be Done, Analyst Flags Recovery Signs

Bitcoin Sell-Off May Be Done, Analyst Flags Recovery Signs

According to Matt Hougan, chief investment officer at Bitwise Asset Management, much of the crypto complex already went through a down cycle last year even though headline coins looked steadier. He points to heavy buying from ETFs and companies that kept Bitcoin, Ether, and XRP from showing the full brunt of those losses. Some tokens, […]

2026-02-07
Bitcoin Must Fall 90% For Years To Pressure Strategy’s Debt, CEO Says

Bitcoin Must Fall 90% For Years To Pressure Strategy’s Debt, CEO Says

Strategy’s leadership is pushing back against growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress as the cryptocurrency’s price continues to slide.  Speaking after the company released its fourth‑quarter results, CEO Phong Le sought to reassure investors that the firm remains well-positioned, even as Bitcoin fell close to […]

2026-02-07
PENGU Price Stalls Under Pressure — Is a Rebound Brewing?

PENGU Price Stalls Under Pressure — Is a Rebound Brewing?

Pudgy Penguins — PENGU, has gone quiet, but the silence feels heavy. Price keeps hugging the same zone, while traders wait for clarity. After weeks of selling, momentum has slowed near familiar ground. Some see exhaustion. Others see risk. With volume thinning and conviction fading, the token sits in limbo. This pause may mark recovery, […]

2026-02-07
Google search volume for ‘Bitcoin’ skyrockets amid BTC price swings

Google search volume for ‘Bitcoin’ skyrockets amid BTC price swings

The surge in Google search activity for “Bitcoin” led Bitwise’s head of Europe, André Dragosch, to claim that “retail is coming back.”

2026-02-07
How Low Can Pi Network’s PI Go? Shocking Bear-Market AI Scenarios After the Latest ATLs

How Low Can Pi Network’s PI Go? Shocking Bear-Market AI Scenarios After the Latest ATLs

It has been just under a year since the controversial project’s native token began trading on several exchanges. The journey so far has been quite underwhelming for investors, who saw the PI token rocket to an all-time high of $2.99 in late February 2025 and then experienced what can only be described as a massive […]

2026-02-07
مزید حاصل کریں