Cointelegraph.com
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Cointelegraph.com - 14:51 Feb 08, 2026
Bitcoin price analysis stayed bearish on the outlook for BTC, predicting new macro lows in a repeat of the 2022 bear market. Bitcoin (BTC) gained up to 3% Sunday, but some traders refused to believe that the BTC price crash was over. Key points: Bitcoin price comparisons warn that new macro lows are due if the 2022 bear market continues to repeat. Read more -
Cointelegraph.com - 12:02 Feb 08, 2026
Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction. Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort. As much as 10% of Block’s workforce may be affected, Bloomberg reported on Sunday, citing people familiar with the matter. The company employed just under 11,000 people as of late November, an executive reportedly said at the time. The potential layoffs come as Block reshapes its operations following a reorganization launched in 2024 aimed at improving efficiency and aligning its product lines. The company is working to more closely link its peer-to-peer payments platform Cash App with its merchant services arm Square. Read more -
Cointelegraph.com - 09:14 Feb 08, 2026
Cathie Wood’s ARK Invest sold 134,472 Coinbase shares across three ETFs while buying over 393,000 shares of crypto platform Bullish. Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures, the firm sold 92,737 Coinbase Global shares from the ARK Innovation ETF (ARKK), 32,790 shares from the Next Generation Internet ETF (ARKW) and 8,945 shares from the Fintech Innovation ETF (ARKF). The combined transactions totaled 134,472 shares, worth around $22.1 million. The sale came as ARK Invest, led by Cathie Wood, has reversed course on Coinbase, selling 119,236 COIN worth about $17.4 million on Thursday after a brief purchase earlier in the week. The Thursday sale was the firm’s first Coinbase sale of 2026 and its first since August 2025. Read more -
Cointelegraph.com - 08:48 Feb 08, 2026
Bitcoin is in a bear market and is “getting swept up” with the rest of the macro assets, Bitwise CEO Hunter Horsley declared during a television interview. Bitcoin’s drop below $70,000 is being seen very differently by long-time holders and institutional investors, according to Bitwise CEO Hunter Horsley. “I think long-time holders are feeling unsure, and I think the new investor set, institutions are sort of getting a new crack at the apple,” Horsley said during an interview with CNBC on Friday. Horsley said that institutional buyers are “seeing prices they thought that they’d forever missed.” It was only in October that Standard Chartered's head of digital asset research, Geoff Kendrick, said he doesn’t expect Bitcoin to fall below $100,000 again. Read more -
Cointelegraph.com - 07:46 Feb 08, 2026
Bithumb says it has reclaimed most of the excess BTC credited during a promotional error and used company funds to cover 1,788 Bitcoin that had already been sold. South Korean cryptocurrency exchange Bithumb says it has resolved an incident in which a promotional reward error credited certain user accounts with excess Bitcoin. In a Sunday statement, the exchange confirmed it recovered 99.7% of the overpaid Bitcoin (BTC) on the same day the incident occurred. The remaining 0.3%, totaling 1,788 Bitcoin that had already been sold, was covered using company funds to ensure customer balances remained fully matched. “Bithumb's holdings of all virtual assets, including Bitcoin (BTC), are 100% equivalent to or exceeding user deposits,” the exchange wrote. Read more -
Cointelegraph.com - 05:08 Feb 08, 2026
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 -
Cointelegraph.com - 01:38 Feb 08, 2026
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 -
Cointelegraph.com - 22:09 Feb 07, 2026
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 -
Cointelegraph.com - 20:49 Feb 07, 2026
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 -
Cointelegraph.com - 18:57 Feb 07, 2026
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 -
Cointelegraph.com - 14:44 Feb 07, 2026
Hong Kong hedge funds’ leveraged BTC price bets are emerging as the main trigger behind Bitcoin’s sharp month-long sell-off. Bitcoin (BTC) experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low of $59,930 on Friday. It is now down over 50% from its October 2025 all-time high near $126,200. Key takeaways: Analysts are pointing to Hong Kong hedge funds and ETF-linked U.S. bank products as possible drivers of BTC’s crash. Read more -
Cointelegraph.com - 12:46 Feb 07, 2026
Tether claims it has helped law enforcement in over 1,800 cases across 62 countries, freezing $3.4 billion in USDT tied to suspected illicit activity. Tether has frozen more than half a billion dollars in cryptocurrency at the request of Turkish authorities, blocking funds tied to an alleged illegal online betting and money-laundering operation. Last week, prosecutors in Istanbul announced the seizure of approximately €460 million ($544 million) in assets belonging to Veysel Sahin, accused of operating unlawful betting platforms and laundering proceeds. Officials initially declined to identify the crypto firm involved, but the company was Tether Holdings SA, the issuer of the $185 billion USDt (USDT) stablecoin, CEO Paolo Ardoino told Bloomberg. “Law enforcement came to us, they provided some information, we looked at the information and we acted in respect of the laws of the country,” Ardoino reportedly said. “And that’s what we do when we work with the DOJ, when we work with the FBI, you name it,” he added.... -
Cointelegraph.com - 12:13 Feb 07, 2026
Bitcoin market participants diverged on the short-term BTC price outlook, with warnings of new macro lows contrasting with $84,000 targets. Bitcoin (BTC) failed to hold $69,000 as the weekend began amid predictions of fresh macro lows next. Key points: Bitcoin faces a lack of acceptance above $69,000, while traders see new lows to come. Read more -
Cointelegraph.com - 08:57 Feb 07, 2026
Vietnam’s Finance Ministry proposes a 0.1% tax on crypto transfers, 20% corporate tax on profits and tough licensing standards for digital asset exchanges. Vietnam is preparing to introduce a tax framework for cryptocurrency transactions that would align digital assets with securities trading, according to a draft policy circulated by the Ministry of Finance. Under the proposal, individuals transferring crypto assets through licensed service providers would face a 0.1% personal income tax on the value of each transaction, local outlet The Hanoi Times reported. The structure mirrors the levy currently applied to stock trades in the country. According to the report, the draft circular, released for public consultation, classifies crypto transfers and trading as exempt from value-added tax. However, the turnover-based tax would apply to investors regardless of residency status whenever a transfer is executed. Read more -
Cointelegraph.com - 07:48 Feb 07, 2026
BlackRock’s Bitcoin ETF posted inflows on Friday following a turbulent week for Bitcoin, marking only its 11th day of net inflows in 2026. BlackRock’s spot Bitcoin exchange-traded fund (ETF) saw $231.6 million in inflows on Friday, following two days of heavy outflows during a turbulent week for Bitcoin. The iShares Bitcoin (BTC) Trust ETF (IBIT) saw $548.7 million in total outflows on Wednesday and Thursday as crypto market sentiment declined to record-low levels, with Bitcoin’s price briefly dropping to $60,000 on Thursday, according to Farside. Preliminary Farside data show inflows across nine US-based spot Bitcoin ETF products totaling $330.7 million, following three days of collective outflows totaling $1.25 billion. Read more -
Cointelegraph.com - 06:54 Feb 07, 2026
Erebor doubled its valuation to $4 billion after a $350 million Lux Capital-led funding round late last year. The United States has approved a newly created national bank for the first time during President Donald Trump’s second term, granting a charter to crypto-friendly startup Erebor Bank. The Office of the Comptroller of the Currency (OCC) confirmed the approval on Friday, allowing the lender to operate nationwide, the Wall Street Journal reported, citing people familiar with the matter. The institution launches with about $635 million in capital and aims to serve startups, venture-backed companies and high-net-worth clients, a segment left underserved after the 2023 collapse of Silicon Valley Bank. Read more -
Cointelegraph.com - 05:30 Feb 07, 2026
The surge in Google search activity for "Bitcoin" led Bitwise’s head of Europe, André Dragosch, to claim that “retail is coming back.” Google search volume for the term “Bitcoin” surged over the past week as the asset’s price briefly fell to the $60,000 level for the first time since October 2024. Google Trends provisional data shows worldwide searches for “Bitcoin” reached a score of 100 for the week starting Feb. 1, the highest level in the past 12 months. The previous peak was a score of 95 in the week of Nov. 16–23, when Bitcoin (BTC) slipped below the psychological $100,000 level for the first time in nearly six months. Read more -
Cointelegraph.com - 03:11 Feb 07, 2026
Bitcoin reaching a point where its price keeps rising even as the US Federal Reserve hikes interest rates would be "the endgame," according to crypto executive Jeff Park. Bitcoin’s next major catalyst may come from the common assumption being flipped on its head that interest rates are bullish for Bitcoin only when they fall, according to a crypto analyst. “I think we should expect that having more accommodative policies may in fact actually not be the catalyst to help us go into a bull market,” ProCap Financial chief investment officer Jeff Park said during an interview with Anthony Pompliano on Thursday. “We have to accept that reality and possibility,” Park said. Accomodative policies, such as lowering interest rates, are employed by the US Federal Reserve to stimulate economic growth, reduce unemployment, and increase liquidity. Bitcoiners often see these conditions as more favorable for riskier assets such as Bitcoin (BTC), as traditional investments like bonds and term deposits become less attractive. R... -
Cointelegraph.com - 21:27 Feb 06, 2026
Bitcoin price soared back above $71,000, but BTC options data shows pro traders are still extremely cautious about the sustainability of the rebound rally. Is the sell-off really over? Key takeaways: Bitcoin's derivatives signal caution, with the options skew hitting 20% as traders fear another wave of fund liquidations. Bitcoin price recovered some of its Thursday losses, but it still struggles to match the gains of gold or tech stocks amid low leverage demand. Read more -
Cointelegraph.com - 21:00 Feb 06, 2026
Crypto’s downturn is rippling through treasuries, ETFs and mining infrastructure, exposing how digital asset volatility reshapes balance sheets and operations. Crypto’s latest sell-off isn’t just a price story. It’s showing up on balance sheets, inside spot exchange-traded funds (ETFs) and even in how infrastructure gets used when markets turn. This week, Ether’s (ETH) slide is leaving treasury-heavy companies nursing massive paper losses, while Bitcoin (BTC) ETFs are giving a new wave of investors their first real taste of downside volatility. At the same time, extreme weather is reminding miners that hash rate still depends on power grids, and a former crypto miner-turned-AI darling shows how yesterday’s mining infrastructure has quietly become today’s AI backbone. Read more
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