Latest News

February, 2026

  • 5 February

    Ethereum Bloodbath: Analysts Say February Could Be a Lost Month for ETH

    Ethereum extended its steep decline on February 5, 2026, plunging to multi-week lows around $2,080–$2,110 amid intense selling pressure across the crypto market. The world’s second-largest cryptocurrency by market cap traded near $2,085–$2,130 in various reports, reflecting 24-hour losses of 5–7% or more, with some sources noting drops below key supports like $2,100. This downturn has fueled analyst warnings that …

  • 5 February

    Crypto Market in the Red: BTC & ETH Slide as CeFi Takes the Biggest Hit

    The cryptocurrency market plunged sharply on February 5, 2026, with major assets extending losses amid heightened risk aversion. Total market capitalization fell over 6% in the past 24 hours, driven by broad-based selling pressure. Bitcoin (BTC) led the decline, briefly dipping below $70,000—its lowest level since November 2024—before paring some losses to trade around $70,000–$71,000 in various reports. This marked …

  • 4 February

    Canada Tightens Crypto Custody Rules to Crack Down on Investor Losses

    The Canadian Investment Regulatory Organization (CIRO) released a new Digital Asset Custody Framework on February 3, 2026, imposing tougher standards on how crypto trading platforms and custodians safeguard client assets. The interim guidance targets Dealer Members running Crypto-Asset Trading Platforms (CTPs), aiming to mitigate risks from hacks, fraud, operational failures, and insolvencies that have caused significant investor losses in the …

  • 4 February

    Crypto.com Unveils Standalone US Prediction Markets Platform OG

    Crypto.com unveiled OG on February 3, 2026—a new, standalone prediction markets platform tailored for U.S. users—expanding beyond its core exchange into event-based trading on real-world outcomes. Powered by Crypto.com | Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse, OG enables users to trade contracts on events spanning sports (e.g., Super Bowl LX winners, March Madness), economic data, elections, entertainment, …

  • 4 February

    Cathie Wood Buys the Dip: Ark Invest Loads Up on Bitmine and Circle

    Cathie Wood’s Ark Invest capitalized on the ongoing cryptocurrency downturn by significantly increasing exposure to digital asset-linked equities, purchasing shares in Bitmine Immersion Technologies (BMNR) and Circle Internet Group (CRCL) across its ETFs. Trade disclosures show Ark acquired approximately $6.3 million in Bitmine (Ethereum treasury and mining firm) and $9.4 million in Circle (USDC stablecoin issuer) on February 2, 2026, …

  • 4 February

    Bitcoin Rebounds After $74K Crash — Is the $100K Dream Alive Again?

    Bitcoin stabilized around $76,000–$76,800 on February 4, 2026, following a volatile session that saw it briefly plunge to lows near $72,884–$74,000—its weakest level since late 2024. The drop extended a broader correction, with BTC down roughly 40% from its 2025 all-time high near $126,000, amid persistent risk-off pressure. The selloff intensified due to thin liquidity, heavy liquidations (over $700M in …

  • 4 February

    Nevada Targets Coinbase Prediction Markets After Polymarket Ban

    Nevada regulators escalated their crackdown on crypto-linked prediction markets on February 2, 2026, filing a civil enforcement action against Coinbase Financial Markets in Carson City District Court. The Nevada Gaming Control Board (NGCB) seeks a temporary restraining order and preliminary injunction to prevent Coinbase from offering event-based contracts—particularly those tied to sports outcomes—to state residents without a Nevada gaming license. …

  • 4 February

    Asia Market Open: Bitcoin Drops to $76K as Tech-Led Selloff Hits Stocks

    Bitcoin dropped sharply in early Asian trading on February 4, 2026, falling around 3% to trade near $76,000 (with lows dipping toward $75,300–$76,000), as risk-off sentiment from a U.S. tech-driven selloff carried over into global markets. The decline mirrored weakness in Asian equities, which opened lower following Wall Street’s February 3 session. The tech-heavy Nasdaq Composite fell about 1.4%, with …

  • 4 February

    Michael Burry Warns of $1B Precious Metals Disaster if Bitcoin Keeps Falling

    Michael Burry, the investor famed for predicting the 2008 housing crash in “The Big Short,” cautioned in a February 2, 2026 Substack post that Bitcoin’s sharp decline has spilled over into precious metals markets, with up to $1 billion in gold and silver positions liquidated at the end of January. Burry attributed recent weakness in gold and silver—despite their safe-haven …

  • 4 February

    Tom Lee Brushes Off ETH Treasury Losses, Questions ETF Double Standards

    BitMine Immersion Technologies (BMNR) Chairman Tom Lee has downplayed the company’s more than $6 billion in unrealized losses on its Ethereum (ETH) holdings, framing them as an intentional feature of its long-term treasury strategy rather than a misstep. In recent X posts and a CNBC Squawk Box appearance (February 3, 2026), Lee responded to sharp criticism—including claims of a $6.6 …