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Found 10245 news

  • Bitcoin’s price may have seen ‘deepest pullback’ at $77K: Analyst
    Cointelegraph.com - 04:29 Feb 01, 2026
    Bitcoin’s price may have seen ‘deepest pullback’ at $77K: AnalystBitcoin advocate and accountant Rajat Soni warned, “Never trust a weekend pump or dump,” as Bitcoin plunged and over $2 billion was wiped from the crypto market. Bitcoin’s fall of around 7% to $77,000 on Saturday might have marked the low of this cycle, according to Bitcoin analyst PlanC. It comes as other crypto analysts continue to call for further downside for Bitcoin (BTC) in the coming months. “Decent chance this will be the deepest pullback opportunity this Bitcoin bull run,” PlanC said in an X post on Saturday. Read more
  • SOL sinks to April 2025 lows as Bitcoin, AI stocks and metals unwind
    Cointelegraph.com - 02:33 Feb 01, 2026
    SOL sinks to April 2025 lows as Bitcoin, AI stocks and metals unwindSOL falls to lows not seen since April 2025, but Solana’s price-to-fundamentals gap and its wider correlation to macro markets may provide hope for investors. Key takeaways: SOL fell to 2026 lows as tech sector layoffs and artificial intelligence revenue concerns hit markets. Despite the bleak environment, Solana outpaced competitors with network fees jumping 81%, securing its vice-leadership. Read more
  • Bitcoin’s ‘miner exodus,’ UK bans some Coinbase crypto ads: Hodler’s Digest, Jan. 25 – 31
    Cointelegraph.com - 00:54 Feb 01, 2026
    Bitcoin’s ‘miner exodus’ could have an impact on BTC’s price, the UK watchdog clamps down on Coinbase crypto ads: Hodler’s Digest
  • Bitcoin’s ‘miner exodus,’ UK bans some Coinbase crypto ads: Hodler’s Digest, Jan. 25 – 31
    Cointelegraph.com - 00:54 Feb 01, 2026
    Bitcoin’s ‘miner exodus’ could have an impact on BTC’s price, the UK watchdog clamps down on Coinbase crypto ads: Hodler’s Digest
  • Bitcoin’s ‘miner exodus,’ UK bans some Coinbase crypto ads: Hodler’s Digest, Jan. 25 – 31
    Cointelegraph.com - 00:54 Feb 01, 2026
    Bitcoin’s ‘miner exodus’ could have an impact on BTC’s price, the UK watchdog clamps down on Coinbase crypto ads: Hodler’s Digest
  • Bitcoin crashes below $76K Strategy cost basis in $2B liquidation event
    Cointelegraph.com - 19:10 Jan 31, 2026
    Bitcoin crashes below $76K Strategy cost basis in $2B liquidation eventBitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low. Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse liquidated $800 million. Key points: Bitcoin drops to near its 2025 low as mass liquidations accelerate. Read more
  • BitMine Immersion faces $6B paper loss as Ether sell-off deepens
    Cointelegraph.com - 19:08 Jan 31, 2026
    BitMine Immersion faces $6B paper loss as Ether sell-off deepensBitMine’s growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns. BitMine Immersion Technologies, a publicly traded cryptocurrency treasury company linked to investor Tom Lee, is carrying significant unrealized losses on its Ether holdings following the latest wave of market liquidations, underscoring the risks facing crypto balance-sheet strategies during sharp downturns. After acquiring an additional 40,302 Ether (ETH) last week and increasing its total holdings to more than 4.24 million ETH, BitMine’s unrealized losses have grown to over $6 billion, according to data from Dropstab, a platform that tracks digital asset prices and portfolio valuations. Based on current market prices, BitMine’s Ether holdings are valued at roughly $9.6 billion, down from a peak of about $13.9 billion in October, reflecting the impact of the broader crypto sell-off. Read more
  • CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone
    Cointelegraph.com - 18:04 Jan 31, 2026
    CoreWeave shows how crypto-era infrastructure quietly became AI’s backboneFrom crypto mining to AI compute, former cryptocurrency miners are reshaping data center economics as Big Tech’s grip on infrastructure begins to loosen. CoreWeave’s transformation from a crypto-mining operator to a large-scale AI infrastructure provider highlights a broader shift in how computing resources are reused across technology cycles. In its latest newsletter, The Miner Mag outlined how Ethereum’s move away from proof-of-work reduced demand for GPU-based mining, pushing companies like CoreWeave to redeploy hardware toward AI training and other high-performance computing workloads as demand for compute began to rise. As Cointelegraph previously reported, CoreWeave began moving away from crypto mining as early as 2019, shifting first into cloud and high-performance computing before fully repositioning itself as a GPU infrastructure provider for AI workloads. Read more
  • VC Roundup: Crypto funding rebounds as institutions test onchain finance
    Cointelegraph.com - 16:05 Jan 31, 2026
    VC Roundup: Crypto funding rebounds as institutions test onchain financeFrom venture rounds to onchain credit, capital is moving cautiously back into crypto as institutions focus on infrastructure and real-world use cases. Venture capital and institutional money are flowing back into digital asset companies at the start of 2026, with industry data showing $1.4 billion committed across venture rounds and public market listings. The largest transactions included Visa-linked stablecoin issuer Rain, which reached a $1.9 billion valuation after raising $250 million, and crypto custodian BitGo’s $200 million-plus IPO on the New York Stock Exchange in January. While crypto markets remain under pressure following October’s broad-based liquidation that wiped out billions in leveraged positions across centralized and decentralized markets, institutional engagement in the sector continues to build. Read more
  • Bitcoin vs. gold: BTC is a 'better opportunity' than in 2017, data says
    Cointelegraph.com - 14:17 Jan 31, 2026
    Bitcoin vs. gold: BTC is a 'better opportunity' than in 2017, data saysBitcoin could start catching up to gold as soon as February, as traders anticipate BTC to recover from its record lows versus gold this year. Bitcoin (BTC) fell to a record low versus gold (XAU) in January, making it a better buying opportunity than what preceded the 2015–2017 bull market, analysts say. Key takeaways: BTC vs gold hit a record low, a level that has lined up with past major bottoms. Read more
    Tags: Bitcoin
  • Active Solana addresses spike 115%, four in 10 merchants take Bitcoin: Month in Charts
    Cointelegraph.com - 12:00 Jan 31, 2026
    Active Solana addresses spike 115%, four in 10 merchants take Bitcoin: Month in ChartsActivity on Solana has spiked as new AI tech makes it easier than ever to launch memecoins. Meanwhile, Ethereum is plugging away at future-proofing and bringing down fees. Activity on major altcoin networks, namely Solana and Ethereum, saw major milestones in January. Daily active addresses on Solana consistently topped 5 million in the second half of the month. Ethereum overtook major layer 2s in December in terms of daily active addresses after major upgrades to the network. In January, the network marked a 25% increase in daily active addresses amid efforts from developers to “future proof” Ethereum. Seven Bitcoin (BTC) miners in the US are in a critical storm zone and may need to temporarily scale back their mining activities as a winter storm rocked power grids and left thousands without electricity. Read more
  • US Treasury sanctions Iran-linked crypto exchanges for first time
    Cointelegraph.com - 10:51 Jan 31, 2026
    US Treasury sanctions Iran-linked crypto exchanges for first timeThe US Treasury has sanctioned two UK-registered crypto exchanges tied to Iran’s financial system, marking the first time Washington has targeted digital asset platforms. The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset platforms as part of its Iran sanctions program. In a statement on Friday, the Treasury Department’s Office of Foreign Assets Control (OFAC) said the sanctions are part of a wider move against Iranian officials and networks accused of violently suppressing people at home while using alternative financial channels to get around international sanctions. Among those sanctioned was Eskandar Momeni Kalagari, Iran’s minister of the interior, who oversees the country’s Law Enforcement Forces. “Treasury will continue to target Iranian networks and corrupt elites that enrich themselves at the expense of the Iranian people,” Treasury Secretary Scott Bessent said. Read more
  • Web3 games shuttered, Axie Infinity founder warns more will ‘die’: Web3 Gamer
    Cointelegraph.com - 09:43 Jan 31, 2026
    Axie Infinity founder issues a stern warning for Web3 gaming industry, Scottie Pippen to launch a new game, and more: Web3 Gamer
  • Web3 games shuttered, Axie Infinity founder warns more will ‘die’: Web3 Gamer
    Cointelegraph.com - 09:43 Jan 31, 2026
    Axie Infinity founder issues a stern warning for Web3 gaming industry, Scottie Pippen to launch a new game, and more: Web3 Gamer
  • Web3 games shuttered, Axie Infinity founder warns more will ‘die’: Web3 Gamer
    Cointelegraph.com - 09:43 Jan 31, 2026
    Axie Infinity founder issues a stern warning for Web3 gaming industry, Scottie Pippen to launch a new game, and more: Web3 Gamer
  • Crypto billionaires deploy $40M to fight California wealth tax and union power
    Cointelegraph.com - 09:32 Jan 31, 2026
    Crypto billionaires deploy $40M to fight California wealth tax and union powerRipple co-founder Chris Larsen and venture capitalist Tim Draper are backing Grow California, a new political effort aimed at countering union-backed wealth tax proposals. Two high-profile crypto figures are preparing to pour tens of millions of dollars into California politics, aiming to reshape the state Legislature by backing moderate, business-friendly candidates and countering the influence of labor unions. The effort, operating under the banner of Grow California, is backed by Chris Larsen, a longtime Democratic donor and co-founder of Ripple, and Tim Draper, a venture capitalist known for his support of Bitcoin (BTC), according to The New York Times. “The government unions do a great job,” Larsen reportedly told the outlet. “But that’s going to clash with a lot of the things that are going to make California successful if there’s no counterforce,” he added. Read more
  • $1.82B pulled from spot Bitcoin and Ether ETFs amid metals rally
    Cointelegraph.com - 08:59 Jan 31, 2026
    $1.82B pulled from spot Bitcoin and Ether ETFs amid metals rallyETF analyst Eric Balchunas said many people seem to be forgetting that Bitcoin “spanked everything so bad” in 2023 and 2024, while other asset classes “still haven’t caught up.” Investors pulled around $1.82 billion from US-based spot Bitcoin and Ether exchange-traded funds (ETFs) over the past five trading days, as market sentiment continued to weaken after the precious metals rally. Between Monday and Friday, US-based spot Bitcoin (BTC) ETFs lost $1.49 billion, while spot Ether (ETH) ETFs saw $327.10 million in net outflows, according to Farside. The outflows come as the spot price of both cryptocurrencies continued to decline, despite recent signs of a recovery. Over the past seven days, Bitcoin and Ether have fallen 6.55% and 8.99% respectively, trading at $83,400 and $2,685, according to CoinMarketCap. Bitcoin rose 7% over the two days leading to Jan. 15 amid speculation about the US CLARITY Act, but the rally was short-lived. Read more
  • Coinbase insider trading lawsuit against Armstrong, directors moves forward
    Cointelegraph.com - 07:06 Jan 31, 2026
    Coinbase insider trading lawsuit against Armstrong, directors moves forwardThe lawsuit alleges Marc Andreessen sold $118.7 million in Coinbase shares through Andreessen Horowitz, while CEO Brian Armstrong offloaded about $291.8 million. A Delaware judge has allowed a shareholder lawsuit accusing several Coinbase directors of insider trading to proceed, despite an internal investigation that cleared the executives of wrongdoing. The case, filed by a Coinbase shareholder in 2023, alleges that company directors, including CEO Brian Armstrong and board member Marc Andreessen, used confidential information to sidestep more than $1 billion in losses by selling shares around the company’s public debut in 2021. According to the complaint, insiders sold more than $2.9 billion worth of stock, with Armstrong personally offloading about $291.8 million. On Friday, Delaware Chancery Court Judge Kathaleen St. J. McCormick rejected a request to dismiss the suit following a probe by a special litigation committee formed by Coinbase, Bloomberg Law reported. While the judge noted that the committee’s ...
  • Lingering extreme fear in crypto is a 'strong bullish' sign: Santiment
    Cointelegraph.com - 05:53 Jan 31, 2026
    Lingering extreme fear in crypto is a 'strong bullish' sign: SantimentCrypto sentiment platform Santiment said the “silver lining” in the current crypto market is the “extreme negativity” seen on social media. Crypto market sentiment reaching a year-low could be one of the few signs of a potential rebound, according to crypto analytics platform Santiment. “This sentiment data is currently one of the few strong bullish signals available,” Santiment said in a report on Friday. “A silver lining is the extreme negativity on social media. The ratio of bearish to bullish comments is heavily skewed toward fear,” Santiment said. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, posted an “Extreme Fear” score of 20 on Saturday, indicating that investors are cautious about the crypto market. On Friday, the index recorded an “Extreme Fear” score of 16, the lowest in 2026 and the first time it had reached that level since Dec. 19. Read more
  • Tether US treasury holdings reach record highs; profits fall 23% year-on-year
    Cointelegraph.com - 03:58 Jan 31, 2026
    Tether US treasury holdings reach record highs; profits fall 23% year-on-yearTether CEO Paolo Ardoino said the “structure behind” the company’s growth mattered more than its “scale” in 2025, as US Treasury holdings surpassed $122 billion. Tether, the issuer of USDt, the world’s largest stablecoin, reported around $3 billion less in net profits in 2025, while its US Treasury holdings reached new all-time highs. In a report published on Friday and prepared by accounting firm BDO, Tether said it posted net profits of more than $10 billion in 2025, which is down around 23% from the $13 billion it reported in 2024. Meanwhile, Tether said its direct US Treasury holdings climbed above $122 billion in 2025, marking “the highest level ever.” The company said this shows the “ongoing shift toward highly liquid, low-risk assets.” Read more
    Tags: Tether

10245 items