Bitcoin (BTC/USDT) slipped sharply today, with the top crypto trading near ~$66,500, down roughly 3.3% on the day in a fresh bout of selling pressure. The 1-day candlestick chart now shows a persistent downtrend, with lower highs and lower lows continuing into mid-February. The session recorded a high of $69,954
Grayscale Investments released a research report highlighting Bitcoin’s recent correlation with technology stocks rather than precious metals. The firm said Bitcoin’s short-term price behavior resembles that of high-growth tech equities. Bitcoin’s decline below $60,000 on February 5 aligned with broader tech sector sell-offs. The research noted that Bitcoin’s peak above
U.S.-listed spot Bitcoin exchange-traded funds (ETFs) recorded inflows for two consecutive days this week, totaling $311.56 million, and actually marked a third continuous day of inflows as they neared surpassing last week’s outflows. Even Ethereum ETFs are positive since the week started. According to the SoSoValue data, the spot Bitcoin
An activity has been witnessed in a Bitcoin wallet associated with an alleged ransom demand in the high-profile vanishing of 84-year-old Nancy Guthrie, the mother of NBC Today co-anchor Savannah Guthrie. TMZ affirmed on February 10 that for the first time since the ransom note was received, there has been
Goldman Sachs had $2.36 billion of cryptocurrency ETFs in its Q4 2025 13F regulatory filing. The disclosure revealed that $1.1 billion was allocated to Bitcoin exchange-traded funds. At the end of the quarter, the bank held $1.0 billion of Ethereum ETF positions. For the first time, Goldman Sachs reported $153
Cash App, owned by Block Inc., introduces new bitcoin features on its platform to make it more accessible and usable, as Block Inc. is preparing to reduce its staff by up to 10% to reduce costs and to strengthen profits. On February 10, Cash App’s X post mentioned, “Cash App
The broader bearish crypto market is painted in red, with extreme fear sentiment enduring. As the bears are strong, most of the assets are losing momentum. Notably, the largest asset, Bitcoin (BTC), has been facing rejections back-to-back and slipped below $70K. Meanwhile, the asset has entered the extreme fear zone
The BlackRock, Fidelity and Grayscale crypto investment products have witnessed a sharp weakening in net weekly outflows, providing initial signs of stabilisation after a severe expansion of digital asset markets, as per the recent data shared by CoinShares. Global funds backed by cryptocurrencies listed $187 million in net outflows in
The Financial Supervisory Service (FSS) of South Korea released its business plan, which included aggressive measures to tighten crypto regulation by targeting risk practices that collapse the crypto market, as well as stronger IT and cybersecurity accountability for financial firms. According to South Korea’s Yonhap local news agency report, Financial
Bitcoin’s sharp decline of over 20% this past week took crypto liquid funds by surprise, despite the commodity later rallying back on certain fronts. According to fund managers, the impact of Bitcoin’s decline was less from any particular event and more so because of the swiftness of the shift in
