U.S. Treasury: U.S. Government Cannot Deploy Taxpayer Funds to ‘Bail Out’ Bitcoin

U.S. Treasury: U.S. Government Cannot Deploy Taxpayer Funds to ‘Bail Out’ Bitcoin

Bitcoin Magazine U.S. Treasury: U.S. Government Cannot Deploy Taxpayer Funds to ‘Bail Out’ Bitcoin As Treasury Secretary Scott Bessent testified before the House Financial Services Committee Wednesday morning, Rep. Brad Sherman pressed Bessent over whether the U.S. government could ever step in to “bail out” bitcoin.  Bessent was presenting over the Financial Stability Oversight Council’s […]

2026-02-05
Newly unsealed DOJ files link Jeffrey Epstein to a 2014 investment in Coinbase

Newly unsealed DOJ files link Jeffrey Epstein to a 2014 investment in Coinbase

Emails show Brock Pierce introduced Jeffrey Epstein to the Coinbase round, while Blockchain Capital later said its fund investment was never completed as Epstein invested independently.

2026-02-05
From ‘Ethereum’s sidekick’ to standalone stars: How Vitalik Buterin’s latest pivot is forcing Layer 2s to grow up

From ‘Ethereum’s sidekick’ to standalone stars: How Vitalik Buterin’s latest pivot is forcing Layer 2s to grow up

Leaders across the layer-2 space don’t see this moment as an existential threat, but rather that Ethereum’s progress is forcing them to clarify their purpose.

2026-02-05
Bitcoin Price Prediction: Wall Street Just Bet Half a Billion on BTC – And Ignored Ethereum and XRP Completely

Bitcoin Price Prediction: Wall Street Just Bet Half a Billion on BTC – And Ignored Ethereum and XRP Completely

Institutional capital in the cryptocurrency market is moving in different directions. While Bitcoin faces a tough 30-day drop, major Wall Street investors are buying the dip, putting more than $562 million into spot Bitcoin ETFs in just one day. This aggressive capital rotation comes at a time when Ethereum (ETH) and XRP are facing a […]

2026-02-05
Incognito Market Founder Rui-Siang Lin Sentenced to 30 Years for $105M Crypto Drug Operation

Incognito Market Founder Rui-Siang Lin Sentenced to 30 Years for $105M Crypto Drug Operation

The darknet marketplace processed 640,000 cryptocurrency transactions across more than 400,000 buyer accounts before an exit scam shut it down in March 2024. Rui-Siang Lin, the 24-year-old Taiwanese founder of darknet drug marketplace Incognito Market, has been sentenced to 30 years in federal prison for operating a $105 million crypto-powered narcotics operation, the U.S. Department […]

2026-02-05
Bitcoin Enters Bear Market Territory as Institutional Demand Reverses: CryptoQuant

Bitcoin Enters Bear Market Territory as Institutional Demand Reverses: CryptoQuant

Bitcoin may be entering a renewed bear market phase, according to new research from CryptoQuant, as on-chain indicators, weakening institutional flows and tightening liquidity conditions point to broad structural downside risk. In its latest Crypto Weekly Report, CryptoQuant said multiple on-chain metrics now confirm a bear market regime. The firm noted that Bitcoin peaked near […]

2026-02-05
Bitcoin Faces Key Weekly Test at $68.4K as ETF Redemptions Hit $2.8B

Bitcoin Faces Key Weekly Test at $68.4K as ETF Redemptions Hit $2.8B

Bitcoin (BTC) traded at $75,980 as U.S. desks opened on Feb. 4, 2026, with traders anchoring downside risk to the 200-week EMA near $68,400 after four straight red monthly candles. Nic Puckrin, CEO of Coin Bureau, framed the immediate trigger as $74,400 (the “April lows” referenced in his X post), then $70,000 as the next […]

2026-02-05
Nomura defends crypto strategy as it limits short-term volatility at Laser Digital

Nomura defends crypto strategy as it limits short-term volatility at Laser Digital

The Japanese bank said tighter positions and risk limits at Laser Digital are designed to reduce short-term volatility, not signal a pullback from crypto.

2026-02-05
Shiba Inu Near 3-Year Low at $0.0567 as Price Range Tightens Around Key Levels

Shiba Inu Near 3-Year Low at $0.0567 as Price Range Tightens Around Key Levels

Shiba Inu prolonged its recent downfall as prices remained close to the last periods in mid-2023. The token has fallen dramatically in many of the trackers with some of the extremes of about 13 percent loss. Nevertheless, the last session saw SHIB trade in a less volatile environment and this is an indication of a […]

2026-02-05
Bitcoin’s correlation with troubled software stock sector is growing

Bitcoin’s correlation with troubled software stock sector is growing

Software stocks are thought to be facing an existential threat from the rise of AI, and Bitcoin, noted one analyst, is just open-source software.

2026-02-05
Solana (SOL) Nosedives by 25% in a Week: Further 50% Collapse on the Way?

Solana (SOL) Nosedives by 25% in a Week: Further 50% Collapse on the Way?

The cryptocurrency market seems to can’t catch a break lately, and numerous digital assets continue to chart painful losses. Solana (SOL) is among the poorest performers, with its price plunging by 25% in the past week alone. According to some market observers, the bears might be just stepping in. Major Collapse on the Horizon? Just […]

2026-02-05
Indian investors are buying the bitcoin price dip, CoinDCX says

Indian investors are buying the bitcoin price dip, CoinDCX says

Indian crypto investors have been buyers of bitcoin and other layer 1 tokens, maintaining a well-diversified portfolio, CoinDCX told CoinDesk.

2026-02-04
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