Crypto

The crypto market is down 8% today. BTC dropped 9.1% to $64,744, and ETH fell 1.7% to $2,281. “Bitcoin breaching the 2021 ATH of $69,000 is significant, but it doesn’t rule out further short-term downside.” The post Why Is Crypto Down Today? – February 6, 2026 appeared first on Cryptonews.

COIN lost 13.34% on the day to close at $146.12 amid ongoing tanking of the crypto market which has seen bitcoin fall as low as $60,000, its lowest since November 2024.

ARK Invest sold $17.4 million in Coinbase while buying $17.8 million of Bullish shares, signaling a major shift in strategy as crypto markets stumble. ARK Invest, the asset manager led by prominent Bitcoin bull Cathie Wood, has shifted from buying to selling Coinbase stock, as the shares dipped 13% and hit multi-month lows. On Thursday, ARK offloaded 119,236 Coinbase (COIN) shares, valued at roughly $17.4 million, according to a trade filing seen by Cointelegraph. The sale comes just a day after a modest 3,510-share ($630,000) purchase on Tuesday, following a series of buys at higher prices earlier in 2026. Read more

A brutal crypto selloff erased $2.6 billion in leveraged bets, sent bitcoin to $60,000 and left markets deeply oversold.

Earnings disappointments weigh on AI related tech, while crypto sentiment improves on bitcoin’s rebound.

The prediction market has filed trademark applications for POLY and $POLY tied to a digital token and crypto trading services.

Tokenised collateral is shifting from experimental pilots into core financial market infrastructure, according to comments from Keith Grose, UK CEO of Coinbase, as central banks and institutions accelerate real-world deployment. The post Coinbase UK CEO Says Tokenised Collateral Is Moving Into Market Mainstream appeared first on Cryptonews.

Millions and millions of PI tokens will be released in the following weeks, which could bring even more pain for the bulls.

Michael Saylor reinforces commitment to bitcoin and quantum security on Q4 earnings call.

The deal adds analytics and execution tools to Pump.fun’s ecosystem as Vyper winds down its standalone product and migrates users to Terminal. Pump.fun has acquired crypto trading terminal Vyper, which will wind down its standalone product and migrate its infrastructure into the Solana memecoin launchpad’s ecosystem. On Friday, Vyper said core parts of its product will begin shutting down on Tuesday, while limited functions will remain accessible. Users were directed to Pump.fun’s Terminal (formerly Padre) to continue using the tools. The move reflects a broader strategy by Pump.fun to consolidate more of the trading workflow, from token launches to execution and analytics, as memecoin activity cools from the speculative frenzy of late 2024 and early 2025. Read more

Bitcoin fell by more than $10,000 in a single day for the first time, with BTC price bear market analysis warning that a rebound could take several years. Bitcoin (BTC) liquidated billions of dollars going into Friday as BTC price action set bearish records. Key points: Bitcoin liquidates $2.6 billion as it sees its first red $10,000 daily candle ever. Read more

Industry leaders condemned a Democratic Party social media post mocking crypto market losses amid billions of dollars in liquidations.

Unofficial economic indicators suggest the Fed may need to ease policy, boosting riskier assets.

Bitcoin's (BTC) slide to as low as $60,233 overnight, before recovering somewhat to $65,443, has left most of the largest pure-play Bitcoin treasury companies deeply underwater on their holdings, with combined unrealized losses approaching $10 billion across eight entities that collectively control more than 850,000 BTC. The reckoning hits hardest at the top. Strategy, formerly […] The post Bitcoin slide to $60k puts treasuries $10B underwater as one major firm braces for a $27B disaster appeared first on CryptoSlate.

Stablecoin inflows have doubled to $98 billion from previous levels, surpassing the 90-day average of $89 billion. The post Stablecoin Inflows Have Doubled to $98B Amid Selling Pressure – Report appeared first on Cryptonews.

Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity. Bitcoin exchange-traded funds (ETFs) continued to see outflows on Thursday, shedding almost $1 billion over the past two days as debate grows over their potential impact on the market. Data from SoSoValue shows that spot Bitcoin (BTC) ETFs recorded $434 million in net outflows on Thursday, following $545 million in redemptions the previous day. Monday’s $561 million in inflows was not enough to offset losses, leaving net weekly outflows at about $690 million as of Friday morning. Read more

Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock and the wider crypto market. Metaplanet’s CEO Simon Gerovich doubled down on the company’s Bitcoin-first strategy as the wider crypto market suffered one of its harshest drawdowns since 2022. “[T]here is no change to Metaplanet’s strategy. We will steadily continue to accumulate Bitcoin, expand revenue and prepare for the next phase of growth,” Gerovich said Friday on X, according to a machine translation of his post. Metaplanet’s stock on the Tokyo Stock Exchange closed Friday down 5.56% at 340 yen (about $2.16). Read more

Analysts explain what took place in the crypto markets in the past 24 hours or so, and whether the worst is behind us.

XRP crashed 17% to $1.25 as $46M in leveraged positions were liquidated, marking the token's worst day since October 2025. ETF inflows remain resilient. The post XRP Plunges 17% in Steepest One-Day Drop Since 2025 as $46M in Leveraged Longs Get Wiped appeared first on Cryptonews.

Santiment says extreme fear after Bitcoin's $60K drop helped trigger a rebound, with a potential push toward $70K.