Author: James Wilson
Social media mentions of crypto “crash” spiked when Bitcoin fell to $60,000 on February 5, causing an immediate price rebound according to Santiment data. Summary Santiment data shows “crash” mentions spiked as Bitcoin hit $60K on Feb. 5. BTC rebounded 13% to $67K as panic selling marked a local bottom. Arthur Hayes links the selloff to IBIT structured product hedging, not fundamentals. The sentiment analytics platform found that when traders declare a crash has happened rather than simply observing a dip, prices typically bottom and reverse course. Bitcoin (BTC) recovered 13% from the $60,000 low to reach $67,000 today. However,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockDag closes $453m presale ahead of Feb 16 listing as Remittix surges with 300% bonus and growing investor demand. Summary Remittix raises $28.9m and launches its crypto-to-fiat platform Feb. 9, drawing strong investor attention in 2026. CertiK-audited Remittix gains traction with live wallet access, real-world utility, and a limited 300% bonus offer. Over 703m tokens sold as Remittix positions itself as a leading PayFi project bridging crypto and fiat payments. The crypto market is buzzing, especially with the recent…
The NFT market recorded $58.34 million in sales volume over the past week, falling 20.34% from the previous period. Summary NFT sales hit $58.34M, down 20%, despite buyers and sellers both rising over 20%. Ethereum led with $34.9M in sales, while Bitcoin NFT volume fell 33% week-over-week. CryptoPunks rebounded sharply, surging 147% and dominating high-value NFT sales. NFT buyers climbed 21.97% to 296,018, while sellers jumped 24.63% to 270,495. Transaction volume decreased 4.33% to 660,674. The overall crypto market has taken a notable hit as Bitcoin (BTC) has dropped to the $70,000 level, while Ethereum (ETH) hovers around $2,000. The…
Bitcoin price entered Friday under pressure as $2.1 billion in options contracts approach expiry. Summary A large Bitcoin options expiry is approaching with limited upside support. Most call positions sit far above current prices, reducing hedging demand. Traders are watching whether $60K can hold after the contracts settle. Bitcoin is facing another key test as a large batch of derivatives contracts reaches maturity. Bitcoin options worth about $2.1 billion are set to expire at 8:00 a.m. UTC on Feb. 6, according to data from Deribit. About 34,000 contracts are covered by the expiry, which comes at a time when market…
In a sign of the times, Gemini, the crypto exchange founded by billionaires Tyler and Cameron Winklevoss, is making significant cutbacks. Summary Gemini will lay off up to 200 employees and shut down services in the UK, EU, and Australia amid a downturn in the crypto market and ongoing struggles to gain market share. Despite the challenges, Gemini is focusing on gambling: Gemini Predictions. The new prediction market platform has processed over $24 million in volume since its launch in December 2025, aiming for future growth. The company is reportedly slashing up to 25% of its workforce and shutting down…
Zcash price fell to a three-month low on Thursday as key metrics that supported the token declined. The privacy token now risks a drop towards $200 as it approaches a breakdown from a key ascending trendline that had been serving as critical support. Summary Zcash price fell nearly 40% over the past week. Souring investor sentiment over risk assets and global scrutiny on privacy coins have kept ZEC price in check. ZEC is close to a breakdown from a descending trendline that had been supporting its price action for several months. According to data from crypto.news, Zcash (ZEC) price fell…
MicroStrategy’s Michael Saylor frames Bitcoin’s sharp drawdowns as “Satoshi’s gift,” arguing volatility rewards long-term holders, not short-term traders. Summary Saylor says Bitcoin volatility is “Satoshi’s gift to the faithful,” casting sharp price swings as a feature that rewards long-term conviction over trading. He reiterates his “Rules of Bitcoin” — “Buy Bitcoin. Don’t sell the Bitcoin.” — stressing that drawdowns are structural, not a sign of market failure. With MicroStrategy holding large BTC reserves through multiple cycles, his comments echo narratives that typically resurface MicroStrategy co-founder Michael Saylor addressed Bitcoin’s (BTC) recent volatility with remarks positioning price instability as an inherent…
BitRiver, Russia’s largest bitcoin mining operator, is facing bankruptcy after a court initiated insolvency proceedings over unpaid debts. Summary BitRiver is undergoing bankruptcy proceedings after a court-initiated insolvency due to unpaid service fees. Russia’s largest bitcoin mining operator has been severely impacted by mounting power-related debts. The company’s future remains uncertain as energy suppliers suspend electricity delivery, leading to reduced mining output. A Russian arbitration court opened insolvency proceedings after creditors filed claims relating to unpaid service fees, power supply contracts, and data center operations. Creditors argued that repeated payment delays left them with limited recovery options, according to reports…
Pi Network has announced a series of technical updates aimed at expanding participation in its Mainnet ecosystem. With over 16 million users now migrated to Mainnet, the network is pushing forward with key improvements that will unblock millions more for migration and KYC (Know Your Customer) submissions. Summary Nearly 2.5 million Pi Network users were previously blocked due to additional security and compliance checks; they’re now able to complete their Mainnet migration. Pi is also exploring a new palm print authentication feature during the KYC process. Pi aims to make it easier to join the ecosystem while bolstering security and…
Jupiter has integrated Polymarket into its platform, bringing crypto’s largest prediction market to Solana for the first time and giving users direct access to event-based trading without leaving the Jupiter app. Summary Jupiter added Polymarket through a native Solana integration. Users can now trade prediction markets without leaving the app. The move strengthens Solana’s position in consumer decentralized finance. The decentralized exchange announced the partnership on Feb. 1, saying Polymarket is now available through a dedicated “Prediction” tab inside Jupiter. Users can trade prediction markets directly on-chain, without bridging stablecoins or switching platforms. In a post on X, Jupiter (JUP)…