[LIVE] Crypto News Today: Latest Updates for Feb. 06, 2026 – Bitcoin Briefly Drops Below $60K as Market Rout Deepens, $2.7B Liquidated in 24 Hours

[LIVE] Crypto News Today: Latest Updates for Feb. 06, 2026 – Bitcoin Briefly Drops Below $60K as Market Rout Deepens, $2.7B Liquidated in 24 Hours

The crypto market suffered a sharp, broad-based sell-off on February 6, with Bitcoin briefly slipping below the $60,000 mark as the entire crypto market cap slipped around 9%. According to SoSoValue data, most crypto assets fell between 7% and 14% over the past 24 hours, led by the PayFi sector’s nearly 14% decline. Ethereum is […]

2026-02-06
Bitwise Files S-1 With SEC to Launch Uniswap-Focused ETF, UNI Token Slumps 16%

Bitwise Files S-1 With SEC to Launch Uniswap-Focused ETF, UNI Token Slumps 16%

Crypto asset manager Bitwise has become the first to file with the US regulator to launch an exchange-traded fund (ETF) dedicated to Uniswap. The fund targets exposure to Uniswap (UNI), the governance token of the leading decentralized exchange protocol. The ETF filing marks one of the pivotal moments for DeFi. “The Trust’s investment objective is […]

2026-02-06
Bitcoin miners IREN, CleanSpark shares plunge as earnings fall short

Bitcoin miners IREN, CleanSpark shares plunge as earnings fall short

Crypto mining stocks have declined across the board the value of the entire crypto market fell almost 9% on Thursday.

2026-02-06
Bitcoin miner MARA moves $87 million BTC to various trading desks and exchanges: Arkham

Bitcoin miner MARA moves $87 million BTC to various trading desks and exchanges: Arkham

The largest transfers went to credit and trading firm Two Prime, which received more than 660 BTC, while additional chunks were sent to a BitGo address and a fresh wallet.

2026-02-06
Vitalik Buterin: Copy-Paste L2s Are Hurting Ethereum’s Progress

Vitalik Buterin: Copy-Paste L2s Are Hurting Ethereum’s Progress

Ethereum co-founder Vitalik Buterin has said that many new Layer 2 (L2) networks are repeating shallow design patterns, and warned that generic EVM chains with optimistic bridges are holding back meaningful progress. His comments extend the public debate over whether today’s L2 ecosystem still aligns with Ethereum’s original scaling goals. No More “Copypasta” EVM Chains […]

2026-02-06
Crypto sentiment gauge hits FTX-era lows as ‘extreme fear’ reaches a 9 reading

Crypto sentiment gauge hits FTX-era lows as ‘extreme fear’ reaches a 9 reading

A sharp rise in volatility, a spike in defensive positioning and an increase in fear-driven search interest typically push the index lower.

2026-02-06
Solana Slides 12% as Market Selloff Breaks Key Pattern, $70 Target in Focus

Solana Slides 12% as Market Selloff Breaks Key Pattern, $70 Target in Focus

Solana (SOL) continued to decline on Thursday, February 5, 2026, as the broader crypto market remained in a pullback phase. The token is under pressure, with key support levels now coming into focus amid persistent bearish market conditions. At the time of writing, Solana is trading at $81.55 with a 24-hour trading volume of $16.53

2026-02-06
Chainlink (LINK) Holds Near $8.47 as Lombard Integration Boosts Market Confidence

Chainlink (LINK) Holds Near $8.47 as Lombard Integration Boosts Market Confidence

LINK trades near $8.47, testing a key support zone amid broader market weakness

Lombard Finance integrates Chainlink Proof of Reserve, strengthening fundamentals

Technical indicators suggest selling pressure may be easing near current levels

2026-02-06
Will Quantum Computers Break Bitcoin? Experts Say Not Yet

Will Quantum Computers Break Bitcoin? Experts Say Not Yet

While most crypto investors stay focused on halving cycles, ETF demand, and global liquidity trends, one long-term issue is quietly developing in the background: quantum computing.  On Feb 4, market researcher BATMAN highlighted this overlooked threat, explaining why it deserves awareness, even if it is not an immediate danger. The security of Bitcoin is based

2026-02-06
Ethereum Transfer Spike Hits 1.17 Million, ETH Price Faces $1,770 Risk

Ethereum Transfer Spike Hits 1.17 Million, ETH Price Faces $1,770 Risk

Ethereum is facing a tense moment as on-chain activity and price action send the same warning: the market may be entering a high-risk zone. A new report from CryptoQuant on February 5 points to a sharp spike in Ethereum’s transfer count, a metric that has historically appeared near major market peaks.  At the same time,

2026-02-06
Bitcoin Prints Second-Largest Capitulation Spike in 2 Years

Bitcoin Prints Second-Largest Capitulation Spike in 2 Years

Forced selling and long liquidations of nearly $1 billion in Bitcoin led to massive volatility alongside the decreasing institution ETF purchase.

2026-02-06
Asia Market Open: Bitcoin Plunge to $64K Rattles Risk Assets as Tech Slump Ripples Through Asia

Asia Market Open: Bitcoin Plunge to $64K Rattles Risk Assets as Tech Slump Ripples Through Asia

Bitcoin tumbled more than 10% toward $64,000, extending a brutal week for crypto as selling pressure spread across risk assets and shook markets from New York to Asia. The drop dragged Bitcoin to its weakest level since late 2024, reversing momentum that had built after Donald Trump’s election win, when he signalled a more supportive […]

2026-02-06
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