Bitcoin & Altcoins
Bitcoin stayed near $60,000 after falling from $62,500, as crypto prices weakened and U.S. spot bitcoin ETF outflows continued this week.
Bitcoin slipped under $60,000 for the first time since October 2024 as crypto stocks, ETFs and major tokens fell in a broad market retreat.
Bitcoin fell 4 percent to $64,721.39, extending a broad digital asset selloff marked by fund withdrawals and leveraged liquidations.
Crypto stocks advanced as Circle surged and bitcoin topped $80,000 intraday, while Senate progress on the CLARITY Act improved investor mood.
Bitcoin briefly topped $70,000 as Charles Schwab, Morgan Stanley, Franklin Templeton and BNY expanded crypto trading, funds and market rails.
Bitcoin neared an early February high as ETF inflows returned, Strategy expanded its holdings and crypto stocks including Coinbase and Robinhood climbed.
Trump backs crypto firms as banks fight stablecoin yield rules, complicating the CLARITY Act while regulators move to enforce GENIUS Act limits.
Bitcoin slid as much as 5% below $65,000 after Trump raised a temporary global tariff to 15%, following a Supreme Court ruling that voided prior duties.
A South Korean crypto exchange mistakenly sent over $40bn in bitcoin to customers before halting accounts and recovering nearly all assets, officials said.
Bitcoin rebounded above $70,000 after falling near $60,000 as volatility hit crypto markets, with heavy liquidations and derivatives activity in focus this week.
Bitcoin fell below $73,000 on Feb. 3, later rebounded above $76,000. CoinGlass data showed $2.56B liquidations as crypto stocks slid. It returned to 2024 levels.
Bitcoin held near $82,800 as gold fell from record highs and silver slid, while CME raised margins and the dollar strengthened after Fed nomination news Friday.
Ethereum & NFTs
Global fans can now mint ‘Unseen City Shirts’ as digital collectibles in collaboration between OKX and Manchester City.
Ethereum’s bullish momentum propels its price above $3,600, reflecting sustained interest despite market fluctuations and volatility.
Analysts project Ether’s surge post Bitcoin halving despite recent market dip, signaling optimism for its growth potential.
Ethereum tests $3k amid bearish sentiment; analysts warn of potential drop below critical mark, urging caution for investors.
Ethereum’s Optimism project pioneers efficiency, transforming the blockchain landscape with innovative solutions.
AI
News Corp. and OpenAI collaborate to enhance AI-generated content, setting new standards for integrity and accuracy in digital journalism.
AI, crypto fuel data centers, risking climate change. Urgent intervention essential, warn experts, demanding action.
Meta solidifies its position in the industry with a strategic AI expansion, driving sustained growth and value creation.
FinTech
Policy
The U.S. housing bill includes a CBDC ban through 2030, drawing attention to Circle, Coinbase, stablecoins and crypto-linked shares.
Beijing broadens digital asset rules to stablecoins and tokenized assets, reinforcing approval requirements and oversight for overseas digital finance activity.
Coinbase’s rejection of the U.S. crypto bill delays Senate action, deepening divisions over digital asset regulation and market oversight.