Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Senator Mark Warner warned lawmakers that cryptocurrency is a permanent part of the financial system and urged Congress to pass clear federal rules to escape the current regulatory impasse he called ‘crypto hell.’ Speaking at a meeting on the CLARITY Act attended by senators and Treasury Secretary Scott Bessent, Warner highlighted problems from jurisdictional ambiguity between the SEC and CFTC, risks to consumers, and national-security threats posed by decentralized finance (DeFi). The CLARITY Act aims to clarify whether digital assets are securities (SEC) or commodities (CFTC). Warner warned against overly broad exemptions that weaken enforcement and stressed the need to balance innovation with investor protection and law-enforcement tools. The article contrasts the U.S. enforcement-driven, multi-agency approach with the EU’s MiCA unified framework and notes that delays risk ceding regulatory leadership to other jurisdictions. Short-term legislative paths suggested include narrower, consensus bills (e.g., stablecoin rules, custody standards) to build momentum before pursuing comprehensive market-structure reform. Warner’s comments, plus Executive Branch engagement, increase pressure on Congress to deliver legal certainty for the roughly $2 trillion digital-asset industry while addressing fraud, market manipulation, and DeFi-related national-security concerns.

Bitcoin fell more than 10% within 24 hours, sliding below $66,000 to a session low around $65,156 and trading near $64k at the time of reporting. The move puts BTC on track for its largest one-day drawdown (about 10.5%) since the FTX collapse on Nov. 8, 2022. Market-wide selling spilled into other assets: silver plunged ~15%, gold dropped ~2.8%, U.S. tech and major indexes fell, and crypto equities and miners lost double digits. Analysts cited thin liquidity and cascading liquidations as drivers, and flagged the 200-day moving average — roughly $58,000–$60,000 and close to Bitcoin’s realized price — as a key support zone to watch. Altcoins were hit harder: most tokens and memecoins fell over 10%, with XRP down ~19%. Traders should monitor liquidation levels, order-book depth, the $58K–$60K 200-day MA support, and volatility in correlated assets for short-term positioning and risk management.

Veteran investor Michael Burry warned that Bitcoin’s recent plunge to about $65,850 — roughly a 50% drop from October peaks near $126,000 — could turn into a self‑reinforcing “death spiral.” In a Substack post he said weaker demand drivers (corporate treasuries and spot ETFs) do not provide a permanent price floor. Burry argued further declines — a 10% fall would heavily damage Strategy (formerly MicroStrategy), the largest corporate BTC holder — could force forced asset sales across the crypto ecosystem. He also outlined systemic spillovers: tokenized gold and silver futures have been sold to de‑risk, potentially distorting physical markets. Burry warned a drop to $50,000 could bankrupt miners and collapse tokenized metals into illiquid “black holes.” Key stats: BTC ~ $65.8k (at time of report), ~50% off all‑time highs (~$126k), downside scenarios highlighted at -10% and -24% (~$50k). For traders: the note signals elevated liquidation risk, potential correlated selling in tokenized commodities, and increased counterparty and miner solvency risk — suggesting heightened volatility and downside pressure in the short term, with broader systemic risk if prices breach major support levels.

XRP (Ripple) dropped ~22% in the past 24 hours, the worst performance among the top‑100 cryptocurrencies. The token has fallen ~32% over the last week and roughly 50% since trading at $2.40 on January 6; it is down about 67% from its July 2025 high of $3.65. The wider market also retraced — BTC, ETH and BNB fell about 10–11% — but XRP’s decline was notably steeper with no single clear catalyst reported. Prominent XRP supporter EGRAG CRYPTO announced a buy of XRP at $1.28 as a swing trade, planning to hold toward $2.20 if XRP reclaims $1.85; they will reassess on a confirmed close above $2.50. Open interest in XRP ETFs and recent ETF flows were referenced elsewhere as market context. Key data points for traders: 24‑hr drop ~22%, 7‑day drop ~32%, monthly decline ~50%, decline from ATH ~67%, buy level reported $1.28 with targets $1.85, $2.20 and watch for close above $2.50.

Binance Research says the recent crypto sell-off — which pushed Bitcoin briefly below key supports and to intraday lows near $73,000 — was driven by market reaction to Kevin Warsh’s Fed chair nomination and an ensuing liquidity scramble. Traders reportedly sold liquid assets to meet margin calls after earnings disappointments and geopolitical concerns, treating crypto as an “end-of-liquidity-chain” asset. Binance Research argues markets are overstating the risk of aggressive Quantitative Tightening (QT). The report highlights technical constraints: the Fed’s reverse repo facility is near depletion, draining reserves via QT could push bank reserves toward regulatory minima and risk a repo-market stress similar to 2019, and the Treasury’s need to place roughly $2 trillion in annual debt issuance means the private sector would have to absorb more supply if the Fed retreats. Those plumbing limits make fast, deep balance-sheet shrinkage unlikely without regulatory changes, which would be slower to implement. The report also notes the U.S. government shutdown’s resolution on Feb 3 reduced near-term policy uncertainty. Key names and data: Kevin Warsh (Fed nominee), Binance Research analyst Michael JJ, Bitcoin lows ~ $73,000 on Feb 4, and indicators of elevated liquidations and gold/FX movements. Traders should weigh short-term deleveraging pressure against lower probability of immediate, severe QT when planning positions.

Bitcoin slid below $70,000 — the first time since 2024 — amid rushed selling, thin liquidity and mass liquidations. Around $1.46 billion of positions were liquidated in 24 hours, mostly long positions, while ETH, SOL, XRP and BNB fell between about 7% and 30% (ETH breached $2,000). On-chain data showed large transfers of BTC from big wallets to exchanges during the drop, indicating whale selling added supply into a fragile market. Traders are watching three key signals for stabilization: a slowdown in forced selling and liquidations, reduced BTC inflows from large wallets to exchanges, and steadier spot demand from buyers/ETFs. Additional items of interest: Sberbank plans crypto-backed loans for corporates; Vitalik Buterin questioned Layer-2s’ role in scaling; the US Treasury confirmed it’s holding seized BTC but isn’t directing purchases; Bitnomial launched US dollar–priced Tezos futures; and the CFTC dropped a ban on event-based markets. For traders, the immediate focus is whether selling pressure exhausts — if liquidation flow and whale exchange inflows subside, price may stabilize and present shorter-term buying opportunities; continued heavy selling and negative funding would widen downside risk.

Debate over yield-bearing stablecoins has frozen progress on US federal crypto legislation in the Senate. After the House passed its bill, negotiations stalled as traditional banks warned that stablecoins offering interest-like rewards could drain deposits from savings accounts. Crypto firms, according to Bloomberg, have proposed compromises to restart talks: expand the role of community banks in the stablecoin ecosystem, require issuers to hold reserves with community banks, or partner with them to issue stablecoins. A White House meeting on Feb. 2 between crypto and banking representatives produced no definitive outcome. Senate Banking Committee Chair Tim Scott indicated yield on crypto holdings might be permissible if issuers stop marketing themselves as banks and reassured there’s no systemic risk of deposit flight; he said further talks with consumer banks are planned. UK regulators are also reviewing stablecoin management in a House of Lords inquiry. Primary keywords: stablecoin regulation, community banks, Senate crypto bill. Secondary/semantic keywords: yield-bearing stablecoins, reserves, regulatory compromise, Tim Scott, White House meeting. Traders should watch legislative signals, bank lobbying, and any policy language on yields and reserve custody—these factors will influence stablecoin peg trust, on-chain liquidity and funding rates.

Ethereum (ETH) is trading under sustained bearish pressure after losing key value-area resistance, with price printing lower highs and lower lows across daily timeframes. The market remains inside a high-timeframe trading range, but downside momentum has increased as ETH approaches the point of control (POC) — a final structural support before a possible move to the range low near $900. Historical tests of the $900 area have triggered strong bullish reversals, so a drop there could be a capitulation event that shakes out weak hands before a rebound. Technical takeaways for traders: the loss of the value-area high confirms seller control; POC is being tested and a clean break raises the probability of a range-low test; $900 is a critical support with past reversal significance. If capitulation occurs near $900, expect heightened volatility and potential long-entries for range-rotation bounces toward higher value areas, including the multi-timeframe resistance near ~$4,700. Until the broader range is decisively broken, the current move reads as a range rotation rather than a full structural breakdown.

Bitcoin (BTC) has entered a corrective phase as bearish momentum intensifies across weekly timeframes. The 21-week exponential moving average (EMA) is weakening—signaling loss of bullish trend support—and price is testing the 200-week EMA, a major long-term structural defense. BTC fell about 9–11% during the selloff to near $66,000, its lowest since October 2024. Key technical zone: $60,000–$54,000 (confluence of 0.618 Fibonacci and daily support). A weekly close below the 200-week EMA would heighten the likelihood of a capitulation-style drop toward $60,000 then $57,000–$54,000. Crypto-exposed equities and safe-haven metals also retraced amid a broad risk-off move. Traders should watch weekly closes, volume, and EMA behavior for confirmation; downside risk and volatility remain elevated until bullish structure is reclaimed.

APT (APT/USDT) is showing a bearish volume profile after an 11% price drop with 24h volume ~142M USD — about 20% below the 7-day average but concentrated on sell-side activity. Price has collapsed below the 1D Point of Control ($1.20–$1.30), indicating a Value Area Low breakdown. RSI is oversold (~24–28) but lacks volume divergence; down candles carry roughly twice the volume of up candles. Institutional footprints appear sell‑heavy, with high-volume resistance near $1.52 and price below EMA20 ($1.44) and bearish Supertrend. Correlation with Bitcoin is strong (≈0.85), amplifying downside if BTC breaks key supports. Key technicals: current price ~ $1.20, resistance $1.281–$1.48, supports $1.071 and $0.4076 target on confirmed breakdown. Outlook: short-term continuation of selling (distribution confirmed by volume); bullish reversal requires a decisive buyer volume spike around $1.13–$1.07. Traders should monitor volume delta, large-block trades, and BTC support levels for entries or further downside confirmation. This analysis highlights distribution risk and is not investment advice.

Bitcoin dropped to just above $65,000 on Feb 5, 2026, wiping out gains since the 2024 U.S. presidential election and erasing nearly $25,000 since last Wednesday. The move represents almost a 50% decline from the October 2025 all-time high. Analysts—most notably The Kobeissi Letter—attribute the fall to emotional, sentiment-driven selling rather than on-chain or ecosystem fundamentals. Popular crypto analysts differ on the bottom: Doctor Profit has open “big buy” orders at $57,000–$60,000 and plans to hold 2–3 months; MMCrypto calls this the final capitulation phase of a time-limited bear market and expects a near-term recovery. Altcoins also tumbled, with XRP the weakest, down ~20% in 24 hours and trading below $1.25. The crash triggered large liquidations across derivatives markets and renewed discussion about market positioning and short-term entry levels for traders.

Vietnam’s crypto market in 2026 is fast-growing and fragmented; users prioritize how VND is converted into crypto over a single “best exchange.” Vietnamese buyers follow three main VND-to-crypto paths: fiat on-ramps/third‑party payment providers, peer‑to‑peer (P2P) marketplaces, and region‑oriented platforms that simplify onboarding. Global exchanges (e.g., Binance, OKX) provide liquidity and broad markets but often depend on P2P or external payment channels for VND access, making them more suitable for experienced traders. Derivatives and execution-focused platforms like Bybit attract seasoned users. Beginner-focused, region-oriented exchanges (example given: HIBT) compete on clear onboarding, localized VND payments, simple spot trading, transparent fees, and security — features that appeal to first-time buyers in a regulatory grey area where crypto is not legal tender but trading is tolerated. Typical Vietnamese buying is a multi-step process: convert VND via on‑ramp or P2P, trade spot on an exchange aligned with skill level, then choose custody (on‑platform or self‑custody). As a result, many users adopt a multi-platform strategy: one platform for fiat access, another for liquidity and trading, plus external research/monitoring tools. For traders, the takeaway is that exchange choice in Vietnam is use‑case driven: fiat access and onboarding are primary for beginners, liquidity and advanced features matter for active traders, and region‑focused apps can accelerate new-user conversion. Transparency on fees, payment flows, and custody options remain critical given regulatory uncertainty.

XRP fell more than 17% in a single day, its sharpest one-day drop since October 2025, sliding below $1.25 and trimming its market cap to about $75 billion. The token is down roughly 45% from its January 2026 peak of $2.41 and has lost nearly 30% this week as the wider crypto market weakened (Bitcoin down ~9% toward $65k; Ethereum below $2k; Solana near $82). Despite the sell-off, XRP exchange-traded products have continued to see inflows: roughly $24 million added this week and about $1.2 billion in cumulative net inflows since their November 2025 launch (SoSoValue). Key metrics for traders: steep one-day volatility (–17%), weekly loss (~30%), market-cap contraction to ~$75B, and persistent ETF inflows that may provide structural demand.

Ether (ETH) plunged as much as 10% on Thursday to $1,911, marking its lowest intraday level since May as a broader cryptocurrency selloff intensified. ETH is down about 20% so far in February and has posted negative monthly returns since September, poised for six consecutive months of losses — the longest streak since Bloomberg began tracking the token in 2018. The token has lost roughly 60% from last year’s peak, wiping out about $345 billion of market value. The rout reflects sustained selling pressure across the crypto market and heightened bearish sentiment among traders.

Digital-asset treasuries (DATs) have incurred roughly $25 billion in unrealized losses after the recent market decline, driven mainly by drops in BTC, ETH and SOL. Bitmine — the largest ETH accumulator among DATs — recorded the heaviest hit (~$8.1B) as ETH fell below $2,000. Strategy (MSTR) saw roughly $6.2B of losses; all tracked treasuries are currently underwater. Market weakness pushed BTC under $67,000, ETH under $2,000, BNB below $700 and SOL toward $83, reducing the value of holdings and expanding unrealized losses. Of 196 companies that disclosed treasuries, only 18 follow the Strategy playbook; Bitmine is unique for large-scale ETH accumulation. Buying has largely paused over the past 30 days — no DAT has materially accumulated SOL and only Bitmine maintained purchases of ETH. A few BTC-based DATs (mainly legacy miners) sold small positions. Some treasuries benefit from staking or validator revenue, and others hold crypto acquired in-kind, which cushions immediate selling pressure. Public stocks tied to DATs have fallen too (e.g., MSTR and BMNR shares hit multi-month lows), tightening funding and sentiment. Traders should note concentrated unrealized exposure among treasury-managed firms, paused accumulation of ETH/SOL, and the potential for further downside if sentiment or liquidations worsen.

Whale Alert reported a single on-chain transfer of 209,600,000 USDT (≈$210M) from an untagged wallet to a known Bitfinex address. Earlier reports cited similar nine-figure USDT movements to Bitfinex (247.4M USDT in an earlier alert), but the latest confirmed figure is 209.6M USDT. The sender remains unidentified. Large stablecoin inflows to exchanges often precede significant market activity — possible uses include converting USDT into BTC, ETH or other spot assets, collateralizing margin positions or loans, settlement of OTC trades, or routine hot/cold wallet and market-making rebalancing. Immediate price impact was muted at the time of reporting, but such transfers increase on-exchange liquidity and are watched as a leading indicator of institutional demand and potential volatility. Traders should monitor order-book changes, on-exchange USDT balances, large buy/sell orders in BTC/ETH, and subsequent withdrawals or redistributions to assess intent and likely short-term price pressure.

Fidelity Investments has launched FIDD, a US dollar‑backed stablecoin issued by Fidelity Digital Assets, National Association on Ethereum. FIDD is redeemable 1:1 for USD directly through Fidelity Digital Assets, Fidelity Crypto, and Fidelity Crypto for Wealth Managers, and can be transferred to any Ethereum mainnet address. Fidelity Management & Research will manage the reserve assets. The token is available to retail and institutional users and will trade on external exchanges where listed. Separately, CME Group is exploring its own token initiative following comments from CEO Terry Duffy; the firm is working with Google on a tokenized cash project slated for later this year and considers creating a “CME” token tied to tokenized collateral and more efficient margining. Network dynamics are shifting: January data from Token Terminal showed Base surpassed Ethereum in monthly stablecoin transfer volume, reflecting user preference for lower fees and faster execution. Competing chains such as Solana and Tron are also vying for stablecoin activity. Implication: the stablecoin sector is becoming more competitive, faster and more institutional — factors likely to affect liquidity, on‑chain flows, and trading venues.

Crypto commentator XRP CAPTAIN asked the XRP community whether holders would sell or keep XRP if the price reached $1,000. Responses showed a split between pragmatic risk-management strategies and unconditional holding. Some responders recommended partial sales to diversify into assets like gold and real estate or to generate passive income via staking/lending; others vowed to HODL almost all of their holdings indefinitely. A few said they had already sold most of their positions, keeping minimal exposure. The debate highlights how the XRP Army balances conviction with portfolio strategy, treating XRP as part of broader financial planning rather than pure speculation. While $1,000 remains highly speculative, the discussion underscores strong community conviction, diverse exit strategies, and the social dynamics that can support XRP through volatility and adoption phases. Disclaimer: this is not financial advice.

Tom Lee-backed BitMine Mining (BitMine) saw its stock fall to a seven-month low after markets reacted to large unrealized losses tied to its Ethereum holdings. The company’s paper losses on ETH positions are reported at roughly $8 billion, weighing on investor sentiment. The story highlights concerns about concentrated exposure to Ethereum and the mark-to-market impact on mining and crypto-focused firms. Key figures: BitMine (public miner backed by Tom Lee), Ethereum (ETH) — reported $8B unrealized loss. Market impact: weaker equity performance for BitMine and heightened risk perception for miners and firms holding large ETH positions. Primary keywords: BitMine, Ethereum, ETH losses, Tom Lee. Secondary/semantic keywords: mining stocks, unrealized losses, mark-to-market, crypto market volatility. Traders should watch BitMine equity volumes, ETH price action, and any disclosure or hedging announcements from miners that could affect liquidation risk or forced selling. This news is relevant for short-term trade setups (potential further downside in BitMine stock and correlated miner equities) and for volatility in ETH if holders are forced to rebalance holdings.

Bitcoin faces renewed pressure after a prolonged period of range-bound trading and a sharp correction that ended a 78-day sideways phase. Liquidity has dried up following extensive leverage unwinding since October, with investor interest shifting toward safe-havens (gold, silver), AI and tech equities—notably in South Korea where volumes reportedly fell ~80% as retail capital rotated into firms like SK hynix and Samsung. Despite a strong 86% BTC rally over 336 days driven by narratives such as institutional adoption, altcoin ETFs and US crypto reserve accumulation, the market now contends with competing narratives (AI bubble) and reduced crypto-specific liquidity. Analysts expect further deleveraging into mid-2025; traders are advised to emphasize diversified, research-backed positions, avoid high-leverage and speculative tokens, and consider hedges. The article stresses that Bitcoin’s valuation perception changes across cycles and that many meme coins and weakly supported altcoins remain at high risk of devaluation.

ASTER (ASTER) is trading under pressure inside a clear downtrend, currently near $0.49 after a ~10% 24-hour drop. Key technical levels: primary support at $0.4800 (strength 77/100) with weekly and multi-timeframe confluence (1D/3D/1W), near-term resistance at $0.5157 (score 72/100), and a main resistance cluster around $0.69. Price sits below EMA20 (~$0.61), RSI is near oversold (~32), and Supertrend remains bearish. Volume and order-flow data show a high-volume node and smart-money interest around $0.48; analysts warn of stop-loss liquidity hunts if $0.4800 breaks. Trading plan: long bias only if $0.4800 holds (target $0.5157, stop $0.47); short on confirmed break below $0.4800 targeting $0.45/$0.40 (stop $0.50). BTC correlation is strong (correlation ~0.85); BTC breaking $66,190 support would likely accelerate ASTER downside, while BTC strength above $68,585 could support an ASTER breakout. Risk management (1–2% position risk) and multi-timeframe rejection + volume confirmation are recommended. This analysis is informational and not investment advice.

Blinkex, a new crypto exchange backed by a $5,000,000 Singapore-based venture fund, will enter invite-only Early Access in Q1 2026 with a focused, reliability-first spot trading product. The initial launch targets a curated set of spot assets and pairs with a simple buy/sell interface, low-latency matching, and operational monitoring live from day one. Key product principles are “safety-by-default” and infrastructure-first scaling. BlinkGuard, Blinkex’s real-time risk layer, provides behavioral anomaly detection, adaptive withdrawal safeguards, account protection signals, and automated throttling to limit exposure during suspicious events. Listings will follow clear standards for liquidity, technical maturity and transparency to protect market integrity. Year 1 priorities include broader spot coverage, core order types (market, limit, stop-limit), security activity logs and structured surveillance; years 2–4 will expand APIs, pro features, mobile apps and institutional connectivity, introduced progressively and jurisdiction-aware. For traders, the exchange promises predictable execution, reduced slippage risk through consistent matching, account-level protective defaults to prevent common errors, and live monitoring/support. The staged rollout and funding disclosure are intended to signal disciplined execution; Blinkex emphasizes that sustained operational integrity and risk controls drive profit potential more than early feature breadth. This is a sponsored informational article and not investment advice.

EverValue (EVA) announced the launch of Burn Vault Boost on February 6, 2026 — an upgrade to its on-chain BTC backing and burn framework. The Boost adds a separate smart-contract vault that applies wrapped-Bitcoin (wBTC) backing to a predefined subset of the fixed EVA token supply, while the original Burn Vault Core continues to back the full circulating supply. By concentrating backing on fewer eligible tokens, the Boost increases the sensitivity of the protocol’s BTC-denominated reference burn value for that subset when BTC deposits occur. The mechanism is fully on-chain, publicly verifiable (backing levels, eligible token counts and reference burn values), requires no action from token holders beyond possession, and does not directly alter market exchange prices. EverValue says burns executed through the Boost still reduce total supply. The Boost underwent a CertiK security audit. EverValue integrates Bitcoin mining-generated BTC reserves into its backing model; more details are at boost.evervaluecoin.com. Media contact: Flor Ayala, CEO (marketing@evervaluecoin.com).

Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) fell sharply amid a broader risk-off move: the crypto market dropped ~6.2% today, taking total market cap to about $2.43 trillion. BTC led losses (~7%) and has slid over 42% from its October 2025 peak above $126,000, trading near $71,000–$80,000 during the recent selloff. ETH fell ~7% to around $2,100 and DOGE lost ~6% to about $0.10. Market-cap estimates: Bitcoin ~$1.43T, Ethereum ~$257.9B, Dogecoin ~$17.2B. Drivers cited include macroeconomic pressure, US fiscal/political uncertainty, speculation over a new Fed chair (Kevin Warsh), liquidity/rate-driven deleveraging and significant spot Bitcoin ETF outflows that cut institutional demand. The move triggered liquidation of leveraged positions and increased volatility. For traders: expect heightened short-term downside and volatility correlated with equities and macro data; monitor ETF flows, US policy headlines, and BTC support near $70–80k for potential stabilization or further downside.

Around 8.94 million BTC — roughly 45% of circulating supply — is currently sitting at a loss, the highest share since January 2023, according to CryptoQuant analyst J.A. Maartun. He warned that a spike in supply in loss raises capitulation risk. Bitcoin fell about 10% in the past 24 hours, sliding below $65,500 after breaking under $67,000, per TradingView. US spot Bitcoin ETFs saw net outflows in late January 2026, recording the second- and third-worst weeks in ETF history; cumulative ETF inflows have declined about 12.4% from their October 2025 peak. Key implications for traders include elevated volatility risk, increased probability of forced selling by underwater holders, and sensitivity to ETF flows and macro events. Primary keywords: Bitcoin, BTC supply underwater, capitulation risk, ETF outflows. Secondary/semantic keywords: market volatility, spot Bitcoin ETFs, TradingView, CryptoQuant.

Strategy, the largest corporate holder of Bitcoin, faces an estimated $7.5 billion unrealized loss as BTC falls toward $65,000. The firm holds about 713,000 BTC bought at an average cost of $76,000; with spot around $65,500, the drawdown is roughly 14%. A recent SEC filing also showed a purchase of 855 BTC. Strategy shares plunged about 14% to near $110 — levels not seen since August 2024 — as investors brace for the company’s Q4 2025 earnings report due after market close. Analysts expect EPS of -$0.08 on $118.81M revenue, down sharply from prior quarter’s $8.42 EPS and $128.69M revenue, underscoring Strategy’s tight correlation with Bitcoin price moves. The company funds Bitcoin accumulation primarily by issuing equity; despite the decline it still trades at a modest premium to net asset value (mNAV ~1.09), suggesting it can raise capital without immediate dilution. However, scrutiny grows over the viability of an equity-funded BTC accumulation strategy during drawdowns. Market participants are focused on comments from Michael Saylor on the upcoming earnings call for guidance on strategy and capital plans.

Over the past 24 hours more than $1.45 billion of crypto positions were liquidated, making it the fourth-largest single-day liquidation event in the last 90 days. CoinGlass data (collected Feb 5, 2026) shows 311,000+ traders were wiped out, with long positions accounting for roughly $1.24 billion of the total. Bitcoin (BTC) led losses with about $738.8 million liquidated — roughly twice Ethereum’s (ETH) $337.5 million — while Solana (SOL) saw roughly $77.3 million in liquidations. The biggest single trade liquidation reported was a $11.36 million BTC/USDT position on Aster. Most liquidations occurred in the prior 12 hours, including $646 million in the last four hours and $85 million in the last hour at time of reporting. Prices dropped below key supports, pushing BTC, ETH and SOL into bear-market territory; BTC traded around $66.6k, ETH near $1.96k and SOL near $83 at the time. Analysts cited include Michael Burry, who warned BTC could revisit lows near $50k, and PlanB, who outlined multiple bear scenarios. For traders: the event was driven by a long squeeze, concentrated BTC liquidation exposure, and rapid intraday volatility — factors that increase funding-rate swings, margin calls and potential short-term overshoot before any recovery.

WPA Hash is promoting cloud-mining contracts in 2026 that let Bitcoin (BTC) holders convert price exposure into steadier, contract-based daily BTC payouts without owning or operating hardware. Users register, deposit supported crypto, choose from tiered hashrate contracts (examples range from low-cost short trials to high-value multi-week plans), and receive automated daily BTC settlements while WPA Hash manages hashrate, scheduling, maintenance and payouts. The service markets benefits for traders and long-term holders: lower entry barriers, centralized hashrate allocation, predictable cash flow, multi-currency support for deposits, and clearer profit structures. Sample tiers cited in coverage include small $100/2-day trials (~$3/day) up to large $58,000/38-day plans (~$1,131/day). The articles frame cloud mining as a risk-management tool to smooth returns and reduce operational and emotional burdens, but they emphasize this is not a guaranteed get-rich-quick solution and advise users to perform due diligence. Disclosure: content is promotional/partner material and not investment advice.

Analysts caution that Bitcoin could fall further toward $38,000 after recent weakness that pushed prices below key support. The piece highlights deteriorating risk sentiment, liquidation of leveraged long positions, and technical indicators signaling increased downside — notably breach of important moving averages and support zones. Market drivers cited include strong US macro data and higher bond yields that favor the dollar and weigh on risky assets, plus rising short interest and options positioning that amplify downside risk. Traders are advised to watch $38K as a potential target and a critical support zone, monitor on‑chain metrics and derivatives (funding rates, open interest, options skew), and manage leverage and stop levels. The analysis frames the move as a technical and sentiment-driven correction with potential for short-term volatility; longer-term holders may view dips as accumulation opportunities if macro conditions stabilize.