Tom Lee’s Bitmine now $8 billion underwater as ether tumbles below $2,000

Tom Lee’s Bitmine now $8 billion underwater as ether tumbles below $2,000

Despite its mounting losses and plunging share price, the ether treasury firm says it’s under no pressure to sell its holdings.

2026-02-06
Senator Lummis to Work With Treasury on Bitcoin Tax Guidance, Hints At Potential Exemption 

Senator Lummis to Work With Treasury on Bitcoin Tax Guidance, Hints At Potential Exemption 

Bitcoin Magazine Senator Lummis to Work With Treasury on Bitcoin Tax Guidance, Hints At Potential Exemption  Senator Cynthia Lummis (R-Wyo.) signaled that she would be open to meet with Treasury Secretary Scott Bessent’s office to explore potential clarity on Bitcoin taxation, including a de minimis exemption for small transactions and guidance on calculating capital gains. […]

2026-02-06
Gemini to exit U.K., EU and Australia, reduce staff by 25%, and focus on U.S. and prediction markets

Gemini to exit U.K., EU and Australia, reduce staff by 25%, and focus on U.S. and prediction markets

The crypto exchange has instructed affected customers to sign up with eToro by the end of March for withdrawals, while deposits and new accounts have been suspended.

2026-02-06
Summer of Bitcoin 2026 Opens Applications for University Students Worldwide

Summer of Bitcoin 2026 Opens Applications for University Students Worldwide

Bitcoin Magazine Summer of Bitcoin 2026 Opens Applications for University Students Worldwide Summer of Bitcoin (SoB), a global, remote program designed to train university students as contributors to Bitcoin open-source projects, has opened applications for its 2026 cohort.  The program provides mentorship, real-world development experience, and a stipend paid in Bitcoin.  Applications will remain open […]

2026-02-06
The New Era of Betting: Here’s How Spartans’ Jesko Giveaway Outclasses BetMGM & Caesar

The New Era of Betting: Here’s How Spartans’ Jesko Giveaway Outclasses BetMGM & Caesar

The online betting world is evolving rapidly, leaving standard platforms behind. While BetMGM and Caesar maintain their status by providing dependable gaming and sports wagering for traditionalists, a fresh wave of operators is elevating the industry with innovative mechanics and massive rewards. Specifically, Spartans has captured the market’s focus with its unique one-of-one Jesko Giveaway, […]

2026-02-06
Hyperliquid (HYPE) Soars by 50% in 2 Weeks: Can It Pump Even More?

Hyperliquid (HYPE) Soars by 50% in 2 Weeks: Can It Pump Even More?

It’s quite difficult to spot a popular cryptocurrency whose price hasn’t tumbled by 20% or even more in the last few weeks. Hyperliquid (HYPE), though, is an evident exception, and its solid performance has caused analysts to envision further gains in the near future. The Lone Survivor Bitcoin (BTC) has crashed to a 14-month low […]

2026-02-06
Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets

Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets

Ahead of the fourth-quarter earnings report tonight, shares are down another 13% as bitcoin falls back to $68,000.

2026-02-06
CFTC Withdraws Political Event Contract Rule, Easing Market Concerns

CFTC Withdraws Political Event Contract Rule, Easing Market Concerns

The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn a proposed rule that aimed to restrict political prediction market contracts. According to the agency’s official announcement, the withdrawal removes uncertainty that has weighed on event-based trading platforms since 2024. The proposal had sought to classify political event contracts alongside markets tied to unlawful or extreme

2026-02-06
$500M UAE Deal: Trump World Liberty Financial Faces Probe

$500M UAE Deal: Trump World Liberty Financial Faces Probe

An investigation by the U.S. house analyzes a $500 million investment of UAE into World Liberty Financial, a crypto project associated with Trump due to the possibility of violating national security.

2026-02-06
Bitcoin Price Prediction: Trillion-Dollar Giant Vanguard Quietly Buys Into BTC Treasury – Is Wall Street Preparing for $250K BTC?

Bitcoin Price Prediction: Trillion-Dollar Giant Vanguard Quietly Buys Into BTC Treasury – Is Wall Street Preparing for $250K BTC?

Vanguard Group, the world’s second-largest asset manager, has often expressed doubts about cryptocurrency. Still, new data shows that this $12 trillion firm has quietly increased its exposure to Bitcoin in an indirect way. Vanguard has increased its investment in Strive ($ASST), a company that recently rebranded as a “Bitcoin Treasury Company.” As a result, Vanguard […]

2026-02-06
Gemini to Exit UK Market, Shifts Accounts to Withdrawal-Only From March 5

Gemini to Exit UK Market, Shifts Accounts to Withdrawal-Only From March 5

Gemini has announced that it will cease operations in the United Kingdom, marking another high-profile exit as the country transitions to a stricter regulatory regime for digital asset firms. The exchange will also be winding down operations in the European Union and Australia. In a notice sent to customers, Gemini said UK operations will formally […]

2026-02-06
Bitcoin Crashes Below $67,000 As Stifel Warns Of Potential Drop To $38,000

Bitcoin Crashes Below $67,000 As Stifel Warns Of Potential Drop To $38,000

Bitcoin (BTC) extended its sharp sell‑off on Thursday, briefly falling below the $67,000 level and marking its lowest price since November 2024.  The renewed pressure follows commentary from market analyst Hugo Crypto, who pointed to a recent report from investment bank Stifel outlining a notably bearish outlook for Bitcoin.  Deeper Bitcoin Drawdown Ahead? According to […]

2026-02-06
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