The Council of Economic Advisers (CEA) Chair, Stephen Miran, has resigned from his White House position. He earlier came out in support of more rate cuts in 2026, something that aligns with the US President Donald Trump’s statement. Crypto prices have plunged over the last 24 hours; however, a statement
ARK Investment, an investment firm led by the investor Cathie Wood, had purchased more than $70 million worth of crypto-related stocks as the bitcoin price fell briefly below $75,000. They used the market weakness to increase the exposure to companies tied to crypto trading and stablecoins. How ARK spent $72
Spot crypto trading volumes on prominent exchanges have slipped from a record of $2 trillion in October 2025 to $1 trillion at the end of January, reflecting a clear fallback from investors and reduced demand, as per the analysts. The price of Bitcoin remains 37.5% down from its October peak
Stocks of companies in the AI sector surged on Monday, contributing to the highs of the overall US Stock Indexes. AI cryptocurrencies continue to mirror a similar sentiment. Tron DAO Founder Justin Sun published a post to express his support for the AI segment in general. AI Stocks Soar Stocks
Changpeng Zhao, co-founder and former CEO of Binance, has denied the claims that he or Binance played a role in the recent crypto price drop. He replied after the crypto community’s continuous acquisition of Bitcoin, which saw a sharp price decline below $75,000 over the weekend. Rumours on CZ and
Hyperliquid is planning to set its foot into prediction markets, rolling out a new product known as outcome trading that guarantees to open the door to event-based contracts without the leverage and liquidation mechanics that influence the crypto derivatives. On January 2, Hyperliquid posted on X, saying that its main
BitMine Immersion Technologies, one of the largest publicly recognized holders of Ethereum (ETH), is currently struggling with unrealized losses of almost $7 billion due to the recent crypto market downturn, which has pushed its Ethereum treasury significantly into the red. The company’s Ether position, acquired at an average price of
The crypto market has already lost about $400 billion in value over the last ten days, with roughly $800 million being liquidated in the last 24 hours, as the major cryptos, such as Bitcoin, Ethereum, and leading altcoins, have continued to suffer severe losses. In this market situation, Raoul Pal,
Crypto investment products witnessed a continued sell-off in the last week, followed by the weakening of investor sentiment. Due to this, the investors witnessed two consecutive weeks of outflows. Crypto exchange-traded products (ETPs) noted around $1.7 billion in outflows in the same week, as reported by CoinShares on February 2.
Ripple has officially secured an Electronic Money Institution (EMI) license from the Luxembourg financial regulator. This makes the major shift for Ripple to expand its regulated payment and digital asset service throughout Europe. The license was granted by the Commission de Surveillance du Secteur Financier, converting the preliminary approval issued
