Post-quantum Bitcoin wallets are already on sale, leaving investors to decide whether they’re buying insurance or paying up fear tax. Cryptocurrency wallet makers and security companies are pushing out post-quantum products even though large-scale quantum computers capable of breaking Bitcoin do not exist yet. The US National Institute of Standards and Technology (NIST) finalized its first post-quantum cryptography standards in 2024 and called for migrations before 2030. As standards bodies plan for a gradual cryptographic transition, parts of the wallet market are already monetizing that future. Read more
The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities. South Korean authorities are investigating after 22 Bitcoin seized in a 2021 case disappeared from a cold wallet at a Seoul police station, according to local media reports. The 22 Bitcoin (BTC), worth about $1.5 million at current prices, were held by the Gangnam Police Station and discovered missing during a nationwide audit of digital asset custody practices, the Seoul Economic Times reported Friday. Authorities reportedly said the 22 Bitcoin had been transferred externally, though the cold wallet storing the tokens was not stolen. Read more
Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC? Key takeaways: BTC open interest falls to $34 billion, but stable BTC-denominated volume suggests leverage demand remains unchanged. Weak US jobs data and Bitcoin options skew indicate a bearish shift, even as gold and stocks show relative strength. Read more
Bitcoin has seen record realized losses in one of the cryptocurrency’s largest-ever capitulation events as short-term holders sold at steep losses amid its decline. Bitcoin has posted $2.3 billion in realized losses in what one analyst says is one of the largest capitulation events in history, rivaling its crash in 2021. Bitcoin’s (BTC) seven-day average realized net losses hit $2.3 billion, analyst IT Tech said in a note on CryptoQuant on Thursday, which it called “one of the largest capitulation events in BTC history, rivaling the 2021 crash, 2022 Luna/FTX collapse, and mid-2024 correction.” “This puts us in the top 3-5 loss events ever recorded,” IT Tech added. “Only a handful of moments in Bitcoin's history have seen this level of capitulation.” Read more
Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics tease further downside. Will $40,000 mark the final price bottom? Bitcoin (BTC) sellers resumed their activity on Thursday as the Bitcoin price turned away from its intraday high of $68,300. Analysts said that Bitcoin remained in capitulation, which could push the price lower, potentially reaching a bottom during the last quarter of 2026. Key takeaways: Multiple onchain indicators suggest Bitcoin is in deep capitulation as downside risks remain. Read more
Bitcoin’s daily funding rate has been deeply negative for days, reflecting heavy short positioning, but historical data also suggests that a squeeze on bears could be brewing. Bitcoin (BTC) formed a new weekly low at $65,500 on Thursday, and the price has continued to trend lower over the past four days. Derivatives data also indicate that traders are heavily positioned to the downside. Analysts said that this setup may lead to a sharp move higher that forces sellers to close their positions, even as other indicators hint that the move may not be straightforward. Key takeaways: Read more
The funding follows a $305 million Bitcoin sale and increases a key investor’s voting power to nearly 50%, as the company restructures its balance sheet amid sector volatility. Bitcoin miner Cango said it closed a previously announced $10.5 million equity investment from Enduring Wealth Capital Limited and entered into agreements for an additional $65 million in equity financing from entities owned by Cango chairman Xin Jin and Chang-Wei Chiu, a director of the company. According to Thursday’s announcement, the $10.5 million investment was completed through the issuance of seven million Class B shares priced at $1.50 each. The shares carry 20 votes per share, increasing Enduring Wealth Capital’s voting power to 49.7% from 36.7%, while its economic ownership remains below 5% of outstanding shares. The additional $65 million would be raised through the issuance of about 49 million Class A shares, which carry one vote per share, at $1.32 each. The investments are being made through entities wholly owned by Jin a...
Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” and a prolonged consolidation period may lie ahead even if traders are actively buying dips to the range lows. Fresh data from Glassnode says Bitcoin (BTC) may be in for another “prolonged phase of range-bound” price action if key support levels are not reclaimed. Key takeaways: Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed. Read more
Bitcoin may continue to copy its 2022 bear market if bulls fail to reclaim the 200-week exponential moving average by the end of the week, new analysis said. Bitcoin (BTC) battled a key 200-week trend line around Thursday’s Wall Street open as “bearish acceleration” fears persisted. Key points: Bitcoin threatens to add the 200-week exponential moving average to its list of new resistance levels. Read more
A mistaken Bitcoin payout revealed how exchange ledgers work and why South Korea is rethinking internal controls for crypto platforms. A simple data-entry error allowed 620,000 nonexistent BTC to appear in user accounts for 20 minutes because trades update a private database first, with onchain settlement happening later. Around 1,788 BTC worth of trades were executed before the exchange locked everything down. What could have been dismissed as a harmless error turned into a serious operational and regulatory event. Regulatory filings showed Bithumb held only 175 BTC of its own in Q3 2025, while it held custody of over 42,000 BTC for customers. This highlights how heavily the system depends on accurate internal accounting. Read more
Bitcoin net taker volume flipped positive after a month of "aggressive" selling, but sentiment crashed to its lowest levels in crypto market history. Bitcoin (BTC) market sentiment has begun to recover as exchange traders reconsider selling. Key points: Bitcoin taker flow finally sees positive values after a month of seller dominance. Read more
The current market downswing could be driven by institutional investors exiting positions, as crypto still presents too much risk for them. Bitcoin market observers believe that the recent price slump may actually reflect the asset’s wider adoption by institutions, which still don’t see it as a risk-off asset. It’s been rough out there for crypto in recent months. Since October, when Bitcoin’s price reached a high of over $120,000, BTC has been gradually sliding. In recent weeks, it dropped sharply, down over 25% on the month. Amid the sell-off, market observers have been looking for explanations. Bitwise chief investment officer Matt Hougan attributed the fall to the notorious four-year cycles that have previously defined crypto market price swings. Read more
Onchain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation. Bitcoin miner outflows jumped to 28,605 BTC, worth about $1.8 billion, on Feb. 5, one of the largest single-day transfers since November 2024, as prices swung sharply during a volatile trading session. Another 20,169 Bitcoin (BTC), worth about $1.4 billion, left miner-linked wallets on Feb. 6, according to data from CryptoQuant. The last comparable spike occurred on Nov. 12, 2024, when outflows reached 30,187 BTC. The spike coincided with sharp price swings, with BTC trading at about $62,809 on Feb. 5 before rebounding to $70,544 a day later. Large miner wallet transfers during volatile sessions often draw scrutiny because they can signal potential selling pressure. Read more
Binance completed its $1 billion Bitcoin conversion for its emergency user fund as crypto sentiment hit record lows and smart money traders increased short exposure. Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset. Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1 billion in Bitcoin for its Secure Asset Fund for Users (SAFU) wallet, according to Arkham data. The fund now holds 15,000 Bitcoin, worth over $1 billion, acquired at an average aggregate cost basis of $67,000 per coin, Binance said in a Thursday X post. Read more
Cathie Wood’s ARK Invest bought nearly $50 million of Robinhood, Bullish and Circle shares as Bitcoin dipped and US spot BTC ETFs saw $276 million in outflows. ARK Invest, the investment firm led by Bitcoin bull Cathie Wood, snapped up a significant batch of crypto-linked stocks on Wednesday as BTC briefly dipped below $66,000. ARK purchased 433,806 shares of Robinhood (HOOD) for approximately $33.8 million, according to a trade notification reviewed by Cointelegraph. The asset manager also boosted its exposure to crypto exchange Bullish (BLSH) and USDC (USDC) issuer Circle (CRCL), acquiring 364,134 shares valued at $11.6 million and 75,559 shares worth $4.4 million, respectively. Read more