Bitcoin Falls Over $59,000 in Largest Drawdown Ever, Down Nearly 47% From All-Time High

Bitcoin Falls Over $59,000 in Largest Drawdown Ever, Down Nearly 47% From All-Time High

Bitcoin Magazine Bitcoin Falls Over $59,000 in Largest Drawdown Ever, Down Nearly 47% From All-Time High Bitcoin’s price crashed sharply on Thursday, sliding through critical support and dipping near $66,000 in volatile trading — marking what appears to be the largest absolute dollar drawdown on record for the world’s largest cryptocurrency. The latest plunge comes […]

2026-02-06
Markets plunge as Bitcoin and silver just triggered a global margin call after inflation warnings made a recovery look impossible

Markets plunge as Bitcoin and silver just triggered a global margin call after inflation warnings made a recovery look impossible

Bitcoin is plummeting toward a dangerous $56,100 price floor as massive ETF outflows signal a demand crisis At some point every cycle has the same moment, the one where the story stops being about charts and starts being about cash. You can see it in the way traders talk, the jokes dry up, the group […]

2026-02-06
AI Price Stalls at $0.027 as Volume Drops and Consolidation Tightens

AI Price Stalls at $0.027 as Volume Drops and Consolidation Tightens

In the last session, AI was trading around or close to the price of $0.02690 since the price action was still within a narrow weekly form. It is worth noting that the token has been consolidating following a long period of decline, and the current trends may be considered as less volatile. Nevertheless, the gains […]

2026-02-06
Sovcombank says it’s the first Russian bank to offer bitcoin-backed loans to public

Sovcombank says it’s the first Russian bank to offer bitcoin-backed loans to public

Larger rival Sberbank beat Sovcombank to the punch, but it’s still running as a pilot program.

2026-02-06
Solana Foundation’s Liu: Focus on finance, not gaming ‘misadventures’

Solana Foundation’s Liu: Focus on finance, not gaming ‘misadventures’

Liu’s remarks come as cryptocurrencies plunge and other industry leaders are narrowing their own visions for blockchain utility.

2026-02-06
Tom Lee’s Bitmine may be buying ETH, but Vitalik Buterin and everyone else appears to be selling

Tom Lee’s Bitmine may be buying ETH, but Vitalik Buterin and everyone else appears to be selling

Ether has dropped below $2,000, underperforming other major cryptocurrencies as selling accelerates from leveraged traders, onchain liquidations and long-term holders.

2026-02-06
Roubini Predicts a ‘Crypto Apocalypse’ Amidst Bitcoin’s Plunge Under Trump-Era Policies

Roubini Predicts a ‘Crypto Apocalypse’ Amidst Bitcoin’s Plunge Under Trump-Era Policies

Economist Nouriel Roubini, who is known for his anti-crypto rhetoric, predicted a looming “crypto apocalypse.” He explained that the future of money and payments will evolve gradually rather than undergo the revolutionary transformation promised by cryptocurrency advocates. In a recent post, Roubini said Bitcoin and other cryptocurrencies’ latest price plunge demonstrates the extreme volatility of […]

2026-02-06
Crypto for Advisors: Rethinking crypto diversification

Crypto for Advisors: Rethinking crypto diversification

Beyond Bitcoin: How advisors use indices to broaden crypto exposure.

2026-02-06
South Korean Court Sends Crypto CEO to Prison for 3 Years Over Market Manipulation

South Korean Court Sends Crypto CEO to Prison for 3 Years Over Market Manipulation

A South Korean court has sentenced the CEO of a cryptocurrency company to three years in prison for manipulating crypto prices. The ruling marks the first prison sentence under the Virtual Asset User Protection Act, which came into effect in July 2024. It is also the country’s first conviction for virtual asset price manipulation under

2026-02-05
XRP Tests Key Support as 11% Triangle Pattern Signals Volatility Ahead

XRP Tests Key Support as 11% Triangle Pattern Signals Volatility Ahead

XRP is trading at $1.53, below major daily moving averages, reinforcing bearish pressure. A 15-minute triangle pattern suggests a possible 11% volatility expansion. Spot selling activity raises the risk of downside continuation

2026-02-05
FARTCOIN Tests $0.20 Support as Warning Targets Drop to $0.10

FARTCOIN Tests $0.20 Support as Warning Targets Drop to $0.10

FARTCOIN is currently testing a key long-term support level around $0.20, a price zone that has been highlighted as a downside risk by CryptoPulse in a market warning issued on February 5. The token’s ability to hold this price zone is now a key factor in determining short-term market sentiment. At the time of writing

2026-02-05
Bitcoin Faces Heavy Selling Stress as Realized Losses Hit $1.26 Billion Daily

Bitcoin Faces Heavy Selling Stress as Realized Losses Hit $1.26 Billion Daily

Bitcoin’s current bear phase is showing deeper cracks after the price failed to regain the short-term holder cost basis near $94,500. Glassnode noted on Feb. 4 that profitability has reset, spot demand remains weak, and leverage is now unwinding across derivatives markets. A major shift occurred as Bitcoin dropped below the True Market Mean, a

2026-02-05
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