The crypto industry is about to get a wakeup call, as many companies will realize "they don’t have businesses, they have products," says Bullish CEO Tom Farley. The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley. “I was in the exchange sector during continual massive consolidation…the same thing is going to happen starting right now in crypto,” Farley said during an interview on CNBC on Friday. Farley, who served as president of the New York Stock Exchange (NYSE) until 2018, said the recent drop in the crypto market will be a key catalyst, with Bitcoin (BTC) down nearly 45% from its October all-time high of $126,100 and trading at $69,405 at the time of publication, according to CoinMarketCap Read more
Santiment said the increased use of “capitulation” among crypto users on social media could suggest the market bottom has already happened. Retail investors are scrutinizing the crypto market for signs that it may have bottomed out to gauge when to buy more crypto assets, according to crypto sentiment platform Santiment. “Retail traders are trying to meta-analyze the market, looking for signs of others quitting to time their own entries, which often happens near bottoms,” Santiment said in a report on Saturday. Santiment has linked this to the word “capitulation,” which has become a top-trending crypto term on social media, according to the platform’s data. Read more
The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee. The number of traders expecting an interest rate cut at the March Federal Open Market Committee (FOMC) meeting has risen to 23%, following investor fears of a hawkish stance from Kevin Warsh, US President Donald Trump’s Federal Reserve chair nominee. Investors and traders forecasting a rate cut surged by nearly 5% from Friday, when only 18.4% signaled they were expecting an interest rate cut, according to data from the Chicago Mercantile Exchange (CME) Group. Those anticipating a rate cut in March forecast a 25 basis point (BPS) cut, with no investors expecting a rate cut of 50 BPS or more. Read more
The Commodity Futures Trading Commission (CFTC) revised a previous staff letter to reflect the regulations in the GENIUS stablecoin framework. The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged tokens. The CFTC amended Staff Letter 25-40, which was issued on December 8, 2025, to include national trust banks, financial institutions allowed to function in all 50 US states. National Trust Banks typically do not provide retail banking services like lending or checking accounts. Instead, they offer custodial services, act as executors on behalf of clients and provide asset management services. The CFTC letter said: Read more
The Bitcoin network's mining difficulty dropped by as much as 27% within a single adjustment period during China's 2021 crypto mining ban. Update (2-7-2026) This article has been updated to provide the latest projections for the next Bitcoin mining difficulty adjustment The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16% in the last 24 hours, the worst drop in a single adjustment period since China’s 2021 ban on crypto mining. Bitcoin mining difficulty is at 125.86 T and took effect at block 935,429, data from CoinWarz shows. The average block time is about 9.47 minutes, slightly under the 10-minute target. Read more