Day: February 5, 2026

Polygon to Migrate Prediction Market Settlement to Circle-Issued USDC

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Circle Internet Group has partnered with Polymarket to transition the prediction market’s settlement infrastructure to native USDC, replacing bridged stablecoin collateral used for trading on its platform. According to Thursday’s announcement, Polymarket currently uses bridged USDC (USDC.e) on Polygon as trading collateral and plans to migrate to Circle-issued native USDC (USDC) over the next few months. Native USDC is issued by Circle’s regulated entities and can be redeemed one-for-one for US dollars, offering a “capital-efficient” and scalable alternative without relying on cross-chain bridges. Cross-chain bridges are protocols that transfer tokens…

Solo Mining Bitcoin Cash on My Own Node! (Umbrel OS)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I finally did it — I built my own Bitcoin Cash node using Umbrel OS and started SOLO mining directly to it with over 400 TH/s of Bitcoin Solo Mining ASICs. Huge thanks to @RetroMikeTech for his Umbrel OS one click videos. – RetroMikeTech’s One Click Node Install using Umbrel: 🔌 Sponsor Looking to earn profitably during your crypto mining journey? Check out 💰 Use code RPM for $100 off EACH ASIC No mining pool. No middleman. Just my hardware talking straight…

What Happens Now That The XRP Price Has Revisited The October 10 Lows?

XRP is back at a level traders remember all too well. The cryptocurrency suffered a sharp flash crash on October 10 that sent the price crashing down from $2.82 to $1.58 before an equally fast rebound toward $2.36. Months later, that same zone is back in play, but this time without the volatility spike or immediate recovery that characterized the earlier move.  At the time of writing, XRP is trading around $1.44, down 10.4% over the past 24 hours. This sustained selling pressure has pushed the XRP price back into…

‘Big Short’ Michael Burry Warns Bitcoin May Repeat 2022 Collapse Pattern

Key Notes Burry posted comparative charts showing structural similarities between Bitcoin’s current decline and the 2021-2022 crash. Bitcoin trades at $67,274 with technical indicators confirming bearish trends and descending channels since its $126,000 peak. Burry argues Bitcoin failed as an inflation hedge unlike gold, with institutional adoption insufficient to prevent severe corrections. Michael Burry, the investor who anticipated the 2008 mortgage crisis, issued a stark warning on February 5 about Bitcoin BTC $67 678 24h volatility: 7.5% Market cap: $1.35 T Vol. 24h: $114.68 B : the cryptocurrency could be…

Bitcoin Crashes Below $67,000 As Stifel Warns Of Potential Drop To $38,000

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Bitcoin (BTC) extended its sharp sell‑off on Thursday, briefly falling below the $67,000 level and marking its lowest price since November 2024.  The renewed pressure follows commentary from market analyst Hugo Crypto, who pointed to a recent report from investment bank Stifel outlining a notably bearish outlook for Bitcoin.  Deeper Bitcoin Drawdown Ahead? According to Stifel’s analysis, the leading cryptocurrency could continue declining toward $38,000. If reached, that target would represent an additional drop of roughly 43% from current levels and would place Bitcoin back at prices last seen in…

Bitcoin ETF Holders Have Diamond Hands Despite 44% BTC Crash

Key Notes Bloomberg’s Eric Balchunas said spot Bitcoin ETF outflows are much lower than gold ETF outflows, when GLD price crashed in the past. Spot Bitcoin ETFs are currently underwater, with an average cost basis near $84,099. Since October, the total outflows of roughly $7 billion remain small compared with the $63 billion in peak inflows. Spot Bitcoin ETFs in the US have seen major outflows throughout January 2026. Despite this, the overall drop in BTC held by these ETFs is just 6.6% since October 2025. During the same period,…

Gemini Slashes Staff, Exits Europe Amid Crypto Downturn

Key Notes Gemini exits UK, EU and Australia. It also reduces up to 200 employees (~25%). Gemini guided to ~$11,000,000 in pre-tax restructuring charges. Gemini Space Station Inc. approved a plan to exit the UK, the EU, and Australia and cut up to 200 jobs, equal to about 25% of global headcount, according to an official statement on Feb. 5, 2026. According to a recent SEC filing, Gemini informed regulators that it expects the wind-down plan to be completed in 1H 2026 and to book about $11,000,000 in pre-tax restructuring…

Life Changing Finance #88 – What Happens After You Make Life Changing Profits™? (2 of 2) -By Tai Zen

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io You can follow me on my new channel at www.KingsAndAllies.com Learn more at: 1. Follow us on Twitter: @heytaizen | @leoncfu 2. Subscribe To Our Newsletter at: 3. Get your copy of the Cryptocurrency Investing Blueprint™ at: 4. Attend the next Cryptocurrency Investing Bootcamp™ at: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Market on Edge as Strategy Set to Report Earnings, BTC Drops Below $70,000

Key Notes Strategy stock is trading at a huge discount as sentiment remains bearish. Wall Street still maintains a Strong Buy consensus on MSTR despite short-term pressure and expected unrealized losses. Strategy outlook comes as Bitcoin price dropped to its lowest level since November 2024. Strategy Inc. stock is facing a selloff in pre-market as investors are anticipating its earnings report and Bitcoin price trading below $70,000. This outlook has raised fresh questions about the value of the company’s large BTC BTC $67 084 24h volatility: 10.2% Market cap: $1.34…