Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum (ETH) dropped decisively below the psychological $2,200 support, trading around $2,174 on Binance USDT at the time of reporting. The break came with elevated 24-hour volume and moderate exchange inflows, indicating conviction behind selling pressure. Correlated weakness in Bitcoin and broader macro risk sentiment contributed to the move. On-chain indicators—low gas fees, neutral-to-slightly-negative futures funding rates, and unchanged staking levels—suggest network activity and fundamentals remain intact despite the price pullback. Technical chartists identify near-term supports at $2,100 and $2,000, with $2,200 newly acting as resistance; resistance above that sits near $2,300–$2,400. Market sentiment shifted toward fear/uncertainty, and analysts point to leverage flushes in derivatives and possible regulatory or macro catalysts as drivers. Traders should monitor exchange flows, futures funding, Bitcoin correlation, and on-chain metrics to gauge whether the move is a short-term correction or the start of a deeper drawdown.

Major exchanges including Binance, Bybit and OKX reported a concentrated wave of crypto futures liquidations that peaked at about $144 million within a single hour and totaled roughly $659 million over 24 hours. Bitcoin accounted for roughly 65% of the liquidated value and Ethereum about 22%; altcoins made up the remainder. Approximately 85% of liquidations were long positions. The event occurred during Asian trading hours and was driven by a sharp downward price move amid elevated open interest and slightly positive funding rates, with perpetual swaps responsible for most forced closes. Analytics showed liquidation clusters for BTC futures around $58,000–$62,000. Exchanges’ risk engines, circuit breakers and insurance funds contained systemic risk, and the 24-hour total represented roughly 0.6% of typical daily derivatives volume. Compared with past mega-liquidation days, this episode is notable but not extreme. Key takeaways for traders: reduce leverage, tighten position sizing and stop-losses, monitor funding rates, open interest and margin ratios, and watch liquidation clusters that can widen order-book slippage. This episode signals heightened short-term volatility in derivatives markets rather than systemic failure, underscoring persistent derivatives risk as institutional and retail participation grows.

Bitcoin plunged below the critical $74,508 support level, hitting a nine‑month low and marking the steepest decline since April 2024. Real‑time exchange data showed BTC trading around $74,800 during a volatile session. Analysts cite a mix of technical and fundamental drivers: a decisive breach of multi-quarter support and the 200‑day moving average, oversold RSI, unwind of leveraged long positions, negative exchange net flows, reduced institutional liquidity, and heightened regulatory uncertainty. The drop dragged major altcoins lower (Ethereum, Solana, Cardano among others), pressured crypto miners and exchanges, and reinforced Bitcoin’s continued correlation with risk assets. Short‑term indicators point to potential for further downside or an oversold bounce; long‑term investors may view the decline as an accumulation opportunity, but trader focus remains on liquidity, on‑chain flows, derivatives funding rates, and macro risk sentiment. This development increases market volatility and could trigger further deleveraging unless buying interest reappears at key technical levels.

Ethereum (ETH) dropped below the $2,200 support level amid broad crypto weakness and Bitcoin pressure, triggering large-scale liquidations. On-chain and market-data trackers reported roughly $150–180 million in ETH positions liquidated over the past 24 hours, predominantly long leveraged trades. Forced liquidations amplified the sell-off and raised volatility. Bloomberg analyst Mike McGlone warned ETH could slip below $2,000 if current market conditions persist, citing macro uncertainty and high funding rates. On-chain activity shows limited movement from long-term wallets, suggesting the sell-off is largely driven by short-term, leveraged traders. Critical support clusters for traders are now around $2,000, $1,950 and down to $1,800; market participants will watch whether bulls defend these levels or if further cascade liquidations push prices lower. Short-term traders should expect elevated volatility and potential margin squeezes; long-term holders may be less active but face paper losses if deeper corrections materialize.

Bitcoin (BTC) dropped below the psychological $75,000 level on April 2, 2025, amid a market correction driven by profit-taking after a strong Q1, weakness in correlated tech equities, and rising exchange inflows. Perpetual futures on Binance showed BTC near $74,900, with 24‑hour crypto market cap down about 3.2%. On-chain metrics and derivatives signaled crowded long positioning before the move: weekly RSI near overbought, elevated positive funding rates on perpetual swaps, high MVRV for short-term holders, and growing exchange inflows (Glassnode). Short-term technical levels to watch are resistance around $78,500 and immediate support at $75,000, with deeper supports near $72,000 (50‑day MA) and $68,500–$68,000 (major volume/volume node). On-chain data also show long-term holders largely dormant and no large exchange reserve drain, suggesting a controlled deleveraging rather than panic selling. Market implications for traders: expect higher short-term volatility and altcoin beta risk, increased liquidation sensitivity due to crowded longs, and the need to monitor funding rates, open interest and exchange flows. Analysts view the drop as a healthy consolidation within a longer-term bullish trend; future direction will hinge on ETF inflows, halving dynamics, macro liquidity and derivatives positioning. Key SEO keywords: Bitcoin, BTC price, market correction, funding rates, exchange inflows.

Crypto markets opened Feb. 2 under pressure as Bitcoin slid below $75,000 and major altcoins posted deeper losses. Total crypto market cap fell about 2.8% to roughly $2.6 trillion. At press time Bitcoin traded near $75,501 (down ~5.2% 24h); XRP fell ~4.5% to $1.59; Chainlink dropped ~5.5% to $9.48; Monero tumbled ~12% to $405. Liquidations spiked — CoinGlass reported 24-hour liquidations rose 79% to $520 million while open interest increased ~4% to $108 billion, signalling sustained use of leverage. Market breadth and sentiment are weak: Crypto Fear & Greed Index sat at 14 (extreme fear) and average RSI was ~35. Analysts attribute the sell-off mainly to thin liquidity and leveraged liquidation waves rather than a single news event; external pressure came from hawkish Fed signals, a stronger US dollar and geopolitical uncertainty. Analysts are divided on whether this is a deeper correction or a range-bound pullback: some warn of further downside toward the mid-$70Ks if selling continues, while others note oversold conditions and historical seasonality that could favour short-term rebounds if ETF flows and macro conditions stabilise. Key trading takeaways: elevated liquidation risk, fragile liquidity, heightened volatility, and mixed analyst views — traders should use tighter risk controls, watch open interest and ETF flows, and monitor macro data (US jobs and inflation) that may trigger further moves.

A severe US winter storm forced multiple large Bitcoin mining operations to power down for grid management and equipment protection, triggering a sudden ~12% drop in global Bitcoin hashrate — the largest single-day decline since China’s 2021 mining ban. CryptoQuant data shows network hashrate fell to roughly 970 EH/s (the lowest since September 2025). Daily mining revenue plunged from about $45M on Jan 22 to a yearly low near $28M within two days, later recovering to roughly $34M but remaining below recent averages. Public miners’ reported daily BTC output fell from 77 to 28 BTC, while non-public miners’ output declined from 403 to 209 BTC; on a 30-day rolling basis, public miners lost 48 BTC and non-public miners lost 215 BTC — the largest declines since mid-2024. CryptoQuant’s Miner Profit & Loss Sustainability Index slid to 21, the weakest since Nov 2024, indicating many miners face financial stress despite recent difficulty drops. Continued suppressed hashrate could prompt further mining difficulty reductions, offering some relief to remaining miners but signaling near-term revenue and operational pressure. Key SEO keywords: Bitcoin, hashrate, mining revenue, CryptoQuant, mining difficulty, miners.

Raoul Pal, founder and CEO of Global Macro Investor, argues the recent $250bn crypto selloff is driven by a US liquidity drought rather than a crypto-specific collapse. He points to the tight correlation between Bitcoin (BTC) and SaaS stocks — both long-duration assets sensitive to liquidity and rates — as evidence that a macro liquidity shock is the common cause. Pal highlights factors draining liquidity: rebuilding of the US Treasury General Account (TGA), depleted Reverse Repo Facility (RRP) balances, recent temporary government shutdowns and US "plumbing" issues. He dismisses the idea that Fed Chair pick Kevin Warsh’s perceived hawkishness is the main driver, saying Warsh will follow a Greenspan-era approach and cuts will resume under the Trump administration’s broader liquidity strategy. Pal expects the liquidity drain to near its end and remains bullish on crypto into 2026. Secondary commentator Jeff Mei suggested markets reacted to concerns Warsh may delay or reduce rate cuts. Key keywords: Bitcoin, liquidity drought, Reverse Repo, TGA, Fed chair, SaaS correlation, macro risk. Traders should watch liquidity indicators (RRP balances, TGA flows), risk asset correlations, gold flows, and Fed signaling for potential short-term volatility and directional cues.

Igor Runets, founder and CEO of Russian Bitcoin-mining firm BitRiver, was detained on Jan. 30 and ordered to remain under house arrest by the Zamoskvoretsky Court in Moscow on Jan. 31, according to local reports. Runets faces three charges alleging he concealed assets to evade taxes. His legal team has a limited window to appeal before the house arrest becomes fully enforceable on Feb. 4; if no successful appeal is made, he will remain confined for the duration of the case. BitRiver, founded in 2017, operates large-scale crypto mining data centers in Siberia and was reported by Bloomberg in late 2024 to have made Runets’ net worth about $230 million. The company has faced operational and legal pressures since U.S. Treasury sanctions in mid-2022, including loss of major client SBI in 2023, reported cost cuts and delayed salaries in late 2024, and lawsuits from electricity provider Infrastructure of Siberia in early 2025 alleging undelivered equipment after payment. Traders should note potential operational disruption risks for Russian mining capacity and any short-term market sentiment effects tied to regulatory and legal scrutiny of large miners.

Bitcoin’s MVRV Z-score has fallen to its lowest level on a rolling two-year basis, signaling historically “undervalued” on-chain conditions that are deeper than the 2015, 2018, 2020 COVID crash and 2022 bear-market lows. Glassnode data highlighted by analysts James Easton and Michaël van de Poppe shows the metric sitting below prior green-zone readings. BTC/USD briefly tested roughly $81,040 amid a broad sell-off in risk assets and a sharp pullback in precious metals (gold and silver). Some traders and analysts interpret the record-low MVRV Z-score as a sign the bear market may be approaching its end and that current consolidation could be the setup for a sustainable bottom. However, short-term volatility remains, and this should not be treated as investment advice. Key keywords: Bitcoin, MVRV Z-score, Glassnode, BTC undervalued, bear market bottom, BTC price.

Bitcoin dropped below $76,000 (trading at $75,893 on Binance USDT during the Asian session), triggering heightened market volatility and a 4.2% decline in top-100 crypto market cap over 24 hours. Contributing factors cited include renewed regulatory scrutiny across jurisdictions, profit-taking after a prior rally, and technical resistance. Trading volume rose ~38% versus the previous day, and liquidity concentrated around $75,000–$76,000. Key technical levels: 50-day moving average near $74,500 (possible support) and psychological support at $75,000; other noted support around $72,000. On-chain fundamentals remain solid — hash rate at all-time highs and reduced exchange withdrawals. Derivatives show increased put activity while institutional flows are mixed. Short-term implications: increased caution, higher volatility, and active options hedging. Long-term fundamentals remain intact, suggesting potential consolidation before any renewed trend. (Main keywords: Bitcoin price, market volatility, BTC, support levels, trading volume.)

A Korea Institute of Finance (KIF) study found that of $5.42 trillion in U.S. dollar-pegged stablecoin transactions tracked through November, just $7.5 billion — 0.1% — were retail payments for goods and services. Automated bot activity (arbitrage, liquidity provision, trading algorithms) accounted for $4.21 trillion (77.6%), while non-bot crypto trading made up roughly $1.21 trillion (22.3%). The report highlights that stablecoins mainly serve as a settlement layer within crypto and DeFi rather than replacing traditional payment rails. Key barriers to retail adoption include regulatory uncertainty, inferior consumer protections compared with cards/wallets, and poor user experience (gas fees, wallets, confirmations). The study suggests implications for policymakers — lower immediate systemic risk to fiat payments but a need for distinct regulatory approaches for settlement-focused versus consumer-focused stablecoins. Potential future drivers of retail uptake include clearer regulation, layer-2 scaling (lower costs, faster transactions), and improved merchant/payment integrations. Primary keywords: stablecoin, retail payments, DeFi, USDT, USDC, settlement. Secondary/semantic keywords included: arbitrage bots, liquidity providers, regulatory uncertainty, layer-2 scaling.

A Rabobank analysis argues dollar-backed stablecoins are spreading US dollar influence abroad without moving physical dollars overseas. When foreign firms demand dollar stablecoins from US issuers, those issuers can convert demand into purchases of US Treasury bills, returning real dollars to US government coffers while issuing digital dollars to the buyer. In cross-border trade, importers can pay exporters in stablecoins while underlying dollars remain parked in Treasuries — effectively exporting digital dollars (tokens) but retaining capital and fiscal benefits at home. Non-USD stablecoins are growing from a tiny base: supply of non-dollar stablecoins rose ~260% over the past year to a combined market cap near $1.55 billion. A practical channel accelerating this dynamic is crypto payment cards: the market is now about $18 billion in annualized volume, with monthly volumes rising from ~$100 million in early 2023 to over $1.5 billion today. These cards use stablecoins to fund transactions while leveraging Visa/Mastercard rails for acceptance, masking digital-dollar flows as ordinary card payments. For traders, the key takeaways are: (1) dollar-backed stablecoins can amplify dollar demand and Treasury demand, (2) growing non-USD stablecoins add diversification risk to dollar dominance, and (3) expanding on‑ramps like crypto cards increase real-world velocity of stablecoins — a structural trend that can affect liquidity and dollar-denominated crypto asset flows.

Over a 24‑hour period ending March 15, 2025, crypto perpetual futures experienced roughly $369 million in forced liquidations, driven predominantly by long positions — a broad long squeeze. Bitcoin (BTC) accounted for about $160 million of liquidations (≈75.5% longs), Ethereum (ETH) about $186 million (≈71.2% longs), and Solana (SOL) roughly $23.3 million (≈74.7% longs). Earlier, a separate 24‑hour snapshot (March 25, 2025) showed a much smaller $66 million cluster of liquidations dominated by shorts, indicating that liquidation dynamics can shift rapidly across sessions. The March 15 event reflects concentrated leverage among perp longs, clustered stop‑losses and automated margin calls that amplified a downward price move into cascading sells. Analysts note ETH’s larger liquidation total versus BTC suggests higher average leverage among ETH futures traders. Immediate market effects typically include increased volatility, temporary shifts in funding rates (often briefly favoring the side that was squeezed), liquidity flushes and potential short‑term buying opportunities as order books rebalance. While $369M is meaningful, it remains below prior extreme liquidation days in 2021–2022, suggesting a large but not systemic deleveraging. Traders should treat this as a heightened risk environment: reduce leverage, widen margin buffers, and monitor funding rates, open interest, liquidation heatmaps and exchange flows to judge whether the correction is transient or signals deeper weakness.

Jim Cramer, host of CNBC’s Mad Money, forecast on social media that Bitcoin could recover to $82,000 from around $77,000, citing expected buying pressure potentially triggered by MicroStrategy executive chairman Michael Saylor. Cramer suggested Saylor might review MicroStrategy (MSTR) stock performance and take actions—such as announcing purchases or bullish statements—that could catalyze a double-bottom-driven rally. The piece notes Cramer’s reputation as a contrarian indicator and frames the prediction within current technicals: support near $73K–$75K, resistance around $80K–$82K, and recent all-time highs above $83K. Analysts caution that single-voice forecasts are only one input amid institutional flows (spot-Bitcoin ETFs), macro factors (interest rates, inflation), on-chain metrics, and liquidity. Potential market effects include algorithmic buying if $80K is reclaimed, renewed institutional interest, and positive spillover to mining equities; failure to break resistance could extend consolidation. Traders are advised to treat the forecast as a sentiment signal, combine it with on-chain and macro data, and avoid relying solely on media-driven calls for execution decisions.

South Korea’s Financial Supervisory Service (FSS) has deployed VISTA, an AI-enhanced surveillance platform designed to detect and investigate unfair virtual asset trading. Built on a “sliding window grid search” algorithm, VISTA systematically analyzes trading windows of varying durations to spot volume anomalies, price correlations, order-book imbalances, wash trading, spoofing and layering across multiple exchanges. Developed from 2023 and refined throughout 2024 with historical exchange data, VISTA entered full operation in early 2025 and initially covers the five largest Korean exchanges (≈85% of domestic volume), with full exchange coverage planned by end-2025. The system produces detailed reports for human investigators (human-in-the-loop) rather than triggering automatic enforcement. Planned enhancements include cross-jurisdictional data sharing, predictive analytics and social sentiment analysis. Market reaction to the announcement showed higher volumes on regulated Korean exchanges and reduced volatility for some major tokens. Exchanges and institutional traders are assessing compliance and surveillance upgrades to integrate with VISTA’s data requirements. For traders: expect tighter detection of manipulation, potential narrowing of exploitable anomalies (especially short, low-volume schemes), increased exchange reporting, and a gradual shift toward greater market integrity — though surveillance does not eliminate all misconduct. Primary keywords: VISTA, market manipulation, AI surveillance, South Korea FSS. Secondary/semantic keywords: sliding window grid search, wash trading, spoofing, exchange compliance, regulatory technology.

iShares Bitcoin Trust ETF (IBIT) is recommended as a contrarian long after bitcoin plunged into the mid-$70,000s, suffering a 12% year-to-date decline and a 38.5% drawdown from its all-time highs. IBIT has outperformed smaller tokens in 2026 despite the selloff. Technical indicators show deeply oversold conditions; implied volatility for IBIT is expected to spike toward 60%, historically a signal that near-term bottoms and bullish reversals can follow. Seasonal patterns favor IBIT from February through Q2, and current bearish sentiment resembles prior setups that preceded strong rallies. The author discloses a personal long position in IBIT.

Ethereum (ETH) has broken the key $2,800 support after a >10% decline over three days and is trading near $2,700. Technical patterns — a broken descending triangle and a breached symmetrical triangle — converge on a measured target around $2,100, implying roughly 20–22% downside from current levels. The $2,500 area, which aligns with the 200‑week simple moving average (SMA), is the next meaningful support. Momentum is weakening: RSI fell from about 68 to ~34, and the 111‑day moving average has crossed below the 200‑day moving average, a bearish configuration that preceded major drawdowns in 2018 and 2022. On‑chain metrics also turned more negative: Net Unrealized Profit/Loss (NUPL) moved from the “anxiety” band into “fear,” historically associated with the start or deepening of bear phases. Veteran trader commentary (Peter Brandt) underscores that bears strengthened after the break and that bulls now bear the burden of proof to reclaim support. For traders: elevated short‑term downside risk suggests considering tightened stops, lower position sizing, and watching $2,500 then $2,100 as key support zones; this is market analysis, not investment advice. Primary keywords: Ethereum, ETH price, support break, descending triangle, NUPL, moving average death cross.

CNBC host Jim Cramer said on Feb 2 that Bitcoin (BTC), trading around $77,000 at the time, could see a concentrated influx of buyers that would push the price back up to $82,000. The comment is a market view rather than investment advice. The report provides no new on-chain data or institutional flows, and cites only Cramer’s expectation of buyer interest. Primary keywords: Bitcoin, BTC, price rebound. Secondary/semantic keywords: CNBC, Jim Cramer, buy-side influx, market sentiment, crypto trading. For traders: this is a sentiment-driven remark that could spark short-term buying interest or media-driven volatility; verify with order books, volume and institutional flow data before trading.

CME Bitcoin futures reopened Monday about $6,800 below Friday’s close — the second‑largest gap on record — as weekend selling and thin liquidity extended January’s losses. CME front‑month futures opened near $77,730 versus a prior close around $84,560; spot BTC traded in the high $77k range after a near‑10% monthly decline that finished January near $78,621. Elevated futures turnover accompanied lower leverage following over $1.3 billion in forced liquidations across late‑January volatility. Technicals are bearish in the short term: BTC failed to hold the $80k–$82k zone, trades below key moving averages, and faces resistance around $84k–$85k with support clustered at $77k–$78k; a breakdown could open the low $70k area, while recovery requires daily closes back into the mid‑$80k range. Market commentary attributes the sell‑off mainly to shrinking liquidity and excessive leverage rather than new macro data. Notable commentary included PlanB noting a bearish monthly RSI below 50, and Robert Kiyosaki calling the dip a buying opportunity. For traders: expect elevated volatility from the CME gap (which can attract gap‑fill moves), continued defensive positioning in futures, and increased sensitivity to liquidation cascades until liquidity improves and price reclaims mid‑$80k levels.

Bitcoin is trading in a mild, range-bound correction in the high $70,000s, driven by a divergence between price and on-chain demand metrics. Analysis from XWIN Research (via CryptoQuant) highlights two key indicators: Apparent Demand (net inflows vs outflows) fell to about -19,000 BTC in late January, showing supply currently outpaces new demand; Realized Cap has flattened, indicating the network’s aggregate cost basis is not rising. Unlike past bear markets (2014–15, 2018–19, 2022), which saw deep capitulation and extreme negative Apparent Demand readings, current selling appears mainly profit-taking by long-term holders rather than fear-driven liquidation. The post‑2023 introduction of spot Bitcoin ETFs altered demand dynamics—initial strong inflows have slowed, reducing the ETF channel’s ability to absorb sell-side pressure. XWIN forecasts a prolonged consolidation until two conditions are met: Apparent Demand turns persistently positive and Realized Cap resumes upward movement, signaling fresh capital entry. For traders, this implies continued range trading and lower short-term breakout probability; monitor ETF flows, Apparent Demand, and Realized Cap for signs of resumed bullish momentum. This is market analysis, not trading advice.

Bitcoin fell from the mid-$80Ks toward $77,000 as waves of futures liquidations and intensified selling pressure hit crypto markets. The move was driven by growing concern over cautious, relatively hawkish Federal Reserve communications and mixed US inflation signals that left traders uncertain about the timing of rate cuts. Forced deleveraging in perpetual and futures markets amplified intraday swings, raised funding rates, and pushed some leveraged positions into liquidation. The decline coincided with broader risk-off flows in equities and crypto, reducing on-chain activity tied to speculative positions and prompting some investors to seek stablecoins and safer assets. Short-term indicators point to elevated volatility, higher funding costs and unwinding open interest — increasing liquidation risk for traders using leverage. Analysts say macro cues, notably US monetary policy and liquidity conditions, are currently the primary drivers of BTC price action, while longer-term fundamentals such as institutional adoption and supply dynamics remain supportive. For traders: reduce leverage, widen or respect stop levels, monitor Fed commentary and key macro prints closely, and watch funding rates and open interest for signs of further churn.

XRP traded around $1.59–$1.61 on February 2, 2026, falling 3–4% in 24 hours and 12–16% over the past week — its lowest level in nearly nine months and about 19% below January highs. One-day volume remained heavy at roughly $4 billion, indicating active trading despite the pullback. XRP’s recent weakness largely mirrors Bitcoin correlations (about 87% directional correlation), alongside macroeconomic concerns tied to potential prolonged high US interest rates after Federal Reserve leadership changes. Despite the sell-off, XRP ETFs recorded net inflows of $16.79 million on January 30, led by 21Shares (TOXR, $8.19M), Bitwise ($3.91M), Canary ($2.79M) and Franklin (XRPZ, $1.90M), suggesting institutional buying interest. Technicals are short-term bearish: resistance sits near $1.65–$1.68, critical support at $1.55, and an RSI approaching 30 signalling easing selling pressure but no confirmed reversal. A breach below $1.55 could target $1.48; a clear move above $1.68 would be the first sign of renewed momentum toward $1.75–$1.82. Key takeaways for traders: high volume confirms participation during the dip, ETF inflows indicate buyers stepping in, watch $1.55 support for short-term risk management and $1.68 for momentum confirmation.

SaharaAI has opened the waitlist for Sorin, an AI-driven crypto trading assistant that consolidates market research, strategy development and trade execution into a single conversational interface. Announced January 15, 2025, Sorin offers 24/7 market monitoring across multiple exchanges and blockchains, pre-trade audits, one-click swaps and staking, and personalization through adaptive machine learning. The platform emphasizes institutional-grade security — multi-signature authentication, hardware security module (HSM) integration and zero-knowledge proofs — and plans a phased beta rollout for early waitlist participants. SaharaAI positions Sorin to address information overload (investors use 3–7 apps on average) and to capture demand for AI-enhanced trading; industry data cited shows AI platform adoption up ~300% since 2023 and a projected $61.3bn AI-in-fintech market by 2028. Roadmap items include cross-chain interoperability, advanced predictive analytics, compliance modules and institutional dashboards. SaharaAI’s waitlist launch aims to validate demand and iterate features from user feedback; no public release date has been set. This development is notable for traders because it could centralize workflow, speed execution, and change access to automated, personalized trading signals while placing renewed focus on platform security and regulatory compliance.

Polymarket’s prediction market is pricing a significant chance that the U.S. government will collect between $500 billion and $1 trillion in revenue in 2025. Current market odds imply a roughly even probability: a $1,000 back bet would pay $1,850 if the outcome occurs, while betting against it would pay $1,950. Traders on Polymarket cite factors supporting the outcome, including post-pandemic economic recovery, potential tax reforms, and sector growth, alongside current fiscal policy discussions. The market’s odds reflect sentiment around macroeconomic trends rather than direct cryptocurrency fundamentals, but shifts in fiscal outlook and policy can influence crypto markets via liquidity and risk appetite. Primary keywords: Polymarket, US revenue 2025, prediction market. Secondary/semantic keywords: fiscal policy, tax reforms, economic recovery, trading odds, market sentiment.

A large wave of leveraged liquidations erased hundreds of billions in value and knocked Bitcoin (BTC) out of the world’s top 10 investable assets by market capitalization. BTC fell from near $90,000 to around $83,000 after roughly $1.6 billion in long liquidations, cutting its market cap to about $1.65 trillion and placing it 11th globally behind Saudi Aramco and TSMC. The sell-off revived discussion that Bitcoin may be entering an early-stage bear market after peaking near $2.5 trillion in October when prices briefly topped $126,000. Macro and regulatory developments added to the downside: market attention turned to the confirmed presidential nomination of Kevin Warsh to replace Jerome Powell as Fed chair (pending Senate confirmation), a shift traders worried could alter policy expectations. Gold outperformed during the move, seeing record futures activity, and corporate/institutional flows remain the key, longer-term driver cited by market makers such as Wintermute. Wintermute warned 2025 could break Bitcoin’s historical four-year cycle and said a durable recovery likely depends on structural inflows — expanded ETF mandates, custodial growth, and sustained net inflows into BTC and ETH — rather than transient rallies. Trading takeaways: elevated liquidation risk, higher intraday volatility, stronger sensitivity to macro and institutional flow narratives, and increased downside price pressure until clear, sustained inflows reappear.

KRAKacquisition Corp, a SPAC backed by crypto exchange Kraken with support from Tribe Capital and Natural Capital, completed an upsized Nasdaq IPO raising $345 million by selling 34.5 million units at $10 each (including full exercise of the underwriters’ overallotment). Units began trading on the Nasdaq Global Market under ticker KRAQU; each unit comprises one Class A common share and a one-quarter redeemable warrant exercisable at $11.50. The SPAC filed originally to raise $250 million and increased size during pricing; the registration statement became effective Jan. 27, 2026. Sponsors include affiliates of Payward Inc. (Kraken’s parent), Natural Capital and Tribe Capital. KRAKacquisition will target companies in the digital-asset ecosystem — payment networks, tokenization platforms, blockchain infrastructure and compliance solutions — but has not yet identified or contacted acquisition candidates. Gross proceeds of $345 million will be held in trust pending a business combination within the SPAC’s prescribed timeframe. The deal reflects renewed appetite for crypto IPOs and SPACs amid a more pro-crypto U.S. policy stance and follows broader 2025–26 momentum of crypto firms exploring public listings (reports cite Ledger, Copper and Securitize among those considering listings). Key stats for traders: $345M raised, 34.5M units, $10 per unit, $11.50 warrant strike, Nasdaq ticker KRAQU. Primary keywords: Kraken, SPAC, Nasdaq IPO, crypto IPOs, digital asset M&A.

Bitcoin plunged to $75,678 in an early-morning flash drop before rebounding toward $78,000, triggering about $510 million in derivatives liquidations over 24 hours. Coinglass data show large losses concentrated in leveraged long positions (notably Hyperliquid at $128M). On-chain monitors flagged a high-profile address dubbed the “1011 insider whale” that deposited 106,183.97 ETH (~$257M at an average $2,427.88) into Binance; the same entity still holds ~469,643 ETH (~$1.11B). Large exchange deposits by whales are typically viewed as potential sell signals, amplifying market fear. Offsetting that, several whales are buying the dip: address 0xFB7 bought ~15,642 ETH (~$36.24M) and other entities (e.g., “7 Siblings”) acquired thousands of ETH across recent days, though some use leverage (7 Siblings holds ~596,800 ETH on margin), posing liquidation risk if prices fall further. Net result: intense short-term volatility with over $2.58B reported liquidations across the network and ~420,000 accounts affected; crypto market cap erased roughly $111 billion. Macroeconomic and geopolitical uncertainties (e.g., Middle East tensions, commodity market stress, BTC spot ETF outflows) may exacerbate downside. Traders should note: heightened liquidation cascades, large exchange inflows from known profitable whales, and mixed on-chain buying create asymmetric risk—short-term momentum is fragile while opportunistic accumulation by large players could support a medium-term base if macro risks ease. Key trade considerations: tighten risk controls, reduce leverage, watch whale-to-exchange flows, monitor BTC $76K–$78K bands and ETH margin exposure.

Crypto market sectors fell broadly on 24-hour data from SoSoValue. Ethereum (ETH) led losses, dropping 6.15% to below $2,300. Bitcoin (BTC) fell 1.21%, slipping under $78,000. Most sectors declined: Layer1 -1.77%, Layer2 -1.36%, DeFi -1.93%, CeFi -2.24%, PayFi -2.92%, Meme -0.12%. SocialFi was the lone resilient sector, up 0.58%. Notable token movers: zkSync (ZK) surged 13.62%, Zora (ZORA) +4.73%, Chiliz (CHZ) +4.02%, Toncoin (TON) +0.52%, MemeCore (M) +4.79%, MYX Finance (MYX) +14.41%, Ultima (ULTIMA) +19.93%, Binance Coin (BNB) down 2.49%, Canton Network (CC) +4.73%. Sector indices showing gains included ssiSocialFi (+1.20%), ssiMeme (+1.14%), and ssiRWA (+0.17%). The report is market information and not investment advice.