Cryptocurrency News

February, 2026

• 9 February

  Why Is Crypto Crashing Today? What’s Behind the Feb 6 Selloff

  

  The cryptocurrency market endured intense selling pressure on February 6, 2026, as Bitcoin briefly plunged to around $60,000–$60,074 (its lowest since late 2024) before staging a dramatic rebound, closing the day near $70,555 (Yahoo Finance and CME data). This marked one of the sharpest intraday recoveries in recent memory, with BTC swinging over 11% higher after the low. The broader …
• 9 February

  Best Crypto to Buy Today (Feb 6): Top Picks – XRP, Solana & Bitcoin

  

  The cryptocurrency market remains highly volatile in early February 2026, following a sharp selloff that saw Bitcoin briefly dip near $60,000 on February 5 before a strong rebound. On February 6, Bitcoin opened around $62,700, plunged to a low of approximately $60,000–$60,074, but closed significantly higher at roughly $70,555 (per Yahoo Finance and CME data), marking an impressive intraday recovery …
• 9 February

  Crypto Bloodbath: Bitcoin Slips to $60K, $2.7B Liquidations Rock Market

  

  The cryptocurrency market experienced a severe downturn around February 5-6, 2026, with Bitcoin briefly dropping to just over $60,000—its lowest level since late 2024—sparking widespread liquidations and heightened fear among investors. Data from sources like CoinGlass confirmed over $2.7 billion in leveraged positions liquidated in a 24-hour period, with approximately 85% from long positions (bullish bets) being forcibly closed. More …
• 7 February

  Crypto Stocks Sink to Lead Weekly Losers as Asian Banks Advance

  

  Crypto-linked stocks led weekly financial losers for the period ending February 7, 2026, as digital asset volatility intensified, while Asian bank shares advanced amid sector rotation to defensives. Publicly listed crypto miners (e.g., Marathon Digital, IREN), exchanges, and related firms (e.g., Galaxy Digital proxies) sank sharply, tracking Bitcoin’s ~23-24% weekly plunge (from highs near $90,000+ to lows below $64,000-$70,000 before …
• 7 February

  crypto Chaos: Ripple Meets White House, Brandt Alleges Bitcoin Manipulation, Musk Cheers Doge

  

  Crypto markets navigated volatility this week (ending February 7, 2026), with key developments from regulatory talks to high-profile commentary and on-chain activity. Ripple joined a White House summit on February 2, hosted by the crypto council (adviser Patrick Witt). Representatives from Ripple, Coinbase, Circle, Kraken, and banking groups discussed stablecoin yield/rewards to resolve stalled market structure legislation. Insiders called it …
• 7 February

  Vietnam Proposes 0.1% Tax on Crypto Trades Under New Securities Law

  

  Vietnam’s Ministry of Finance has proposed a **0.1% personal income tax** on the value of each cryptocurrency transfer or trade executed through licensed service providers, as outlined in a draft circular released February 5, 2026, for public consultation. The levy mirrors the tax applied to securities trades and targets individual investors (regardless of residency). Institutional profits from crypto would incur …
• 7 February

  Wealthy Families Grow Cautious on Geopolitics but Shun AI, Crypto, and Gold

  

  Geopolitical tensions—cited as the top risk by **64%** of global family offices in J.P. Morgan Private Bank’s 2026 Global Family Office Report—are driving ultra-wealthy investors toward caution and capital preservation rather than aggressive bets. Surveying 333 single-family offices (average net worth $1.6 billion) across 30 countries, the report shows rising concerns over conflicts, trade disputes, tariffs, and fragmentation. Yet, instead …
• 7 February

  Trend Research Cuts Ether Holdings After Market Crash to Repay Debt

  

  Crypto treasury firm **Trend Research** has aggressively cut its **Ether (ETH)** holdings in early February 2026 to repay leveraged loans amid a severe market crash that pushed ETH prices sharply lower. On-chain analytics (Lookonchain, Arkham, Bubble Maps) reveal the firm transferred over **400,000 ETH** (valued at hundreds of millions USD) to Binance since the month began, using proceeds to service …
• 7 February

  China Moves to Block Unapproved Yuan-Pegged Stablecoins Overseas

  

  China has intensified its cryptocurrency crackdown with a February 6, 2026, joint notice from the People’s Bank of China (**PBOC**) and seven agencies, explicitly banning the unapproved issuance of yuan-pegged (RMB-linked) stablecoins overseas. The directive prohibits any entity—domestic, foreign, or offshore affiliates controlled by Chinese firms—from issuing such stablecoins without regulatory approval, citing threats to monetary sovereignty, capital controls, financial …
• 7 February

  Crypto Resilience: Investors Bet $258M on Startups After $2T Market Crash

  

  Despite a brutal **$2 trillion** wipeout in global crypto market capitalization since its October 2025 peak of ~$4.379 trillion (per CoinGecko), investor confidence in blockchain innovation endures. In the first week of February 2026, crypto startups secured **$258 million** in fresh venture funding (DeFiLlama data), signaling resilience amid sharp corrections—Bitcoin plunged from highs near $126,000 to lows around $60,000-$67,000, with …