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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, …

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 …

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. …

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 …

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 …