Crypto

Bitcoin retreated below the closely watched $70,000 threshold, leading a broad selloff in digital assets that has erased over $1 billion in trading positions. According to CryptoSlate's data, the world’s largest cryptocurrency fell to lows not seen since the November 2024 election, dragging the wider market into the red. Ethereum slid 7% to around $2065, […] The post Bitcoin sinks below the $70,000 critical support but XRP is hit hardest appeared first on CryptoSlate.

House Democrats probe $500 million UAE investment in Trump-linked WLFI, highlighting questions over dealings with the country's national security adviser. World Liberty Financial (WLFI), a crypto company linked to US President Donald Trump’s family, is facing scrutiny from House Democrats over a reported $500 million investment by an entity linked to an Abu Dhabi royal in the UAE. California Representative Ro Khanna, a Democrat who has criticized public officials’ exposure to the crypto market, said on X on Thursday that he has launched an investigation into the UAE investment in WLFI. “This is about public trust and transparency,” Khanna said, linking to a Wall Street Journal report detailing that he urged a US attorney to probe the deal as well. Read more

The last time we asked ChatGPT this question, it was rather dismissive. Now, its answers were significantly less optimistic.

The crypto market is down 6.4% today. BTC dropped 7% to $70,884, and ETH fell 1.7% to $2,281. “It’s clear the crypto market is now in full capitulation mode.” The post Why Is Crypto Down Today? – February 5, 2026 appeared first on Cryptonews.

A leveraged Ethereum position built by Jack Yi's Trend Research continues to unwind under pressure. The position, assembled through Aave's lending protocol and reported to have reached roughly $958 million in borrowed stablecoins at its peak, has been shrinking through repeated defensive sales as Ethereum's price declines. On Feb. 4, Trend deposited another 10,000 ETH […] The post Ethereum hit by billion dollar sell pressure as top crypto fund faces $862M high stakes liquidation risk appeared first on CryptoSlate.

Bitcoin is trading about 20% below costs to mine as hashrate slides 12% from October highs, daily revenue craters, and a 14% difficulty cut looms on February 8. CryptoQuant's Bull Score Index has fallen to zero. The post Bitcoin Trades 20% Below Production Cost as Miner Profitability Drops to 14-Month Low appeared first on Cryptonews.

Recent volatility reviews, new surveillance systems and a landmark court ruling show how South Korea is enforcing stricter oversight of crypto markets. South Korean regulators are stepping up oversight of the domestic cryptocurrency market, signaling a faster, more coordinated approach to detecting suspicious trading activity amid renewed volatility.  The heightened scrutiny was highlighted after South Korea's Financial Supervisory Service (FSS) said it was reviewing sharp price movements in the ZKsync token listed on Upbit, following extreme volatility concentrated around a system maintenance window, according to The Korea Economic Daily (Hankyung). The FSS said it was analyzing data and could escalate the review into a formal investigation, depending on the findings.  Read more

XRP is today's most substantial loser from the largest 100 alts, dumping below $1.40. ZEC and MORPHO follow suit.

Vitalik Buterin sold almost 3,000 ETH worth $6.6 million through a series of swaps days after saying withdrawals from his holdings were coming. Ethereum co-founder Vitalik Buterin sold about 2,961 Ether worth $6.6 million over a three-day period, after previously announcing plans to withdraw some of his holdings. Blockchain tracker Lookonchain said in a Thursday X post that the transactions were executed at an average price of about $2,228 per Ether (ETH). Ethereum’s native cryptocurrency traded at around $2,130 at the time of writing, down by more than 5% over the past day, according to CoinMarketCap. Arkham Intelligence data shows that the ETH sales were routed through CoW Protocol, with multiple small swaps rather than a single block trade. Such transactions are commonly used to reduce market impact. Read more

Toobit is an award-winning international cryptocurrency exchange, and it has just announced the launch of Stock Futures. This move is aimed at bridging the gap between traditional equity markets and the broader digital asset ecosystem. It allows traders to gain access to 10 high-demand US equities, including  Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL). A […]

Bitcoin slipped below $71,000, but one analyst says the cryptocurrency is trading about 41% below its long-term fair value.

Bitcoin’s latest drawdown is forcing a critical stress test on the “treasury company” trade. Over the past months, the model appeared simple, requiring companies to sell stock or low-cost convertible notes, buy Bitcoin, and rely on rising prices and a persistent equity premium to cover the remainder. However, with Bitcoin sliding towards $70,000, which is […] The post Bitcoin’s slides to $70,000 triggering structural crisis that could make FTX collapse look like child’s play appeared first on CryptoSlate.

Analysts see routine treasury management as Bhutan moves Bitcoin to a market maker while the crypto trades 44% below its all-time high.

Bitcoin ETFs saw $545 million in daily outflows as BTC neared $70,000, though analysts said most investors were holding positions despite market weakness. Bitcoin exchange-traded funds (ETFs) extended losses on Wednesday amid BTC price approaching the $70,000 mark, adding to mounting pressure across digital asset markets. According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $545 million in outflows on the day, pushing weekly flows into the negative with $255 million in net outflows. Year-to-date, the funds have attracted $3.5 billion in inflows but seen $5.4 billion in redemptions, leaving them net negative by $1.8 billion. Total assets under management stand at $93.5 billion. Read more

A Nevada judge declined to grant regulators’ bid to halt Coinbase’s event contract markets, as the exchange presses a CFTC preemption argument in federal court. A Nevada state court denied regulators’ request for an emergency temporary restraining order (TRO) to immediately halt Coinbase’s new prediction market offering. Instead, the court set a hearing for next week so the exchange can respond, according to Coinbase chief legal officer Paul Grewal. The Nevada Gaming Control Board (NGCB) filed a civil enforcement action in Carson City on Monday, accusing Coinbase of offering unlicensed wagers on sports event contracts and asking for a TRO and preliminary injunction to block the products for Nevada residents. Read more

USDt added $12.4 billion in Q4 to reach a $187.3 billion market cap, increasing users and onchain activity even as rival stablecoins declined after October’s liquidation event. Tether’s dollar-pegged stablecoin USDt expanded to a record $187.3 billion market capitalization in the fourth quarter of 2025, even as the broader crypto market slid following October’s liquidation cascade. According to its latest quarterly report, the USDt (USDT) market cap grew by $12.4 billion in Q4. Data shows that USDt has been widening its dominance while competitors retreated. Read more

Bitcoin selling pressure sparked a retreat below the 2021 bull market high, with lower BTC price targets still expected to be hit. Bitcoin (BTC) fell below $70,000 on Thursday as suspicions over coordinated selling boiled over. Key points: Bitcoin tumbles below 2021 highs for the first time since November 2024. Read more

On Feb. 4, the XRP Ledger (XRPL) activated the highly anticipated Permissioned Domains with 91% validator approval. At first glance, the approval appears contradictory, as it involves a public blockchain hosting “permissioned” zones. However, a deeper look at the mechanics shows how the upgrade operates. Permissioned Domains introduces an on-ledger access-control object that enables other […] The post Ripple prepares to dominate the $24 billion RWA market by integrating controversial new permissioned layer appeared first on CryptoSlate.

Let's have a look at some important PI price targets as the cryptocurrency continues to fall toward new all-time lows.

[PRESS RELEASE – Dubai, UAE, February 4th, 2026] BNB Chain today announced its support for ERC-8004, a new on-chain identity standard designed to give autonomous AI agents verifiable, portable identity across platforms. The development represents an important step toward an open and scalable agent economy, where software can operate independently with persistent reputation, accountability, and […]