Category: Analysis

Crypto Winter Started Early 2025, Says Bitwiseโ€™s Hougan

Key Notes Hougan says strong institutional flows delayed recognition of the crypto winter that began in January 2025. He noted that the market may be closer to the end of this bear phase. Bitcoin dipped near $73,000 on February 3 before rebounding above $76,000. Bitwise CIO Matt Hougan says the current crypto winter started far earlier than most market participants realized. In a recent article on X, Hougan argued that the drop effectively started in January 2025, even though strong institutional flows hid the damage across much of the market.…

Bitcoin Dips Below $73K Amid 50,000 BTC Whale Sell-Off

Key Notes In the last two weeks, whales have sold more than 50,000 Bitcoin, leading to major selling pressure. Large holders reduced exposure while small wallets accumulated, highlighting a divergence in market behavior. Sentiment improved after the US ended its government shutdown with a $1.2 trillion funding bill. Bitcoinโ€™s BTC $76 148 24h volatility: 2.8% Market cap: $1.52 T Vol. 24h: $74.78 B price dipped below $73,000 earlier on February 4 before rebounding following news that the US Congress passed a $1.2 trillion spending bill, effectively ending the government shutdown.…

Tether Scales Back on Planned $15B Fundraising: Report

Key Notes Tether scaled back its planned $15B-$20B raise to as little as $5B. The company generated about $10B in profit last year and holds over $30B in excess reserves. Tether now holds more than $141B in US Treasury exposure and 80-116 metric tons of gold. Tether has scaled back plans for a large funding round after investors pushed back on its $500 billion valuation target. The company had previously explored raising $15 billion to $20 billion, which would have placed it among the most valuable private firms globally. Advisers…

Bitcoin Price Bounce Looks Hollow, Downtrend May Resume

Bitcoin price extended its decline below $75,000. BTC is now attempting to recover from $72,850 but faces many hurdles near $76,500. Bitcoin is attempting to recover above $74,000 and $75,000. The price is trading below $79,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $75,000 and $74,000 levels. Bitcoin Price Faces Hurdles Bitcoin price failed to remain stable…

Galaxy Digital Shares Plunge 20% Following $482M Q4 Loss Report

Key Notes Galaxy Digital’s Q4 2025 net loss of $482 million stands in stark contrast to Q3’s $505 million profit, demonstrating extreme sensitivity to market cycles. The cryptocurrency market capitalization halved from $4.4 trillion in October to $2.7 trillion by February 2026, directly pressuring the firm’s balance sheet. Galaxy’s digital asset holdings declined 22% quarter-over-quarter, while Bitcoin and Ethereum depreciated 23% and 28% respectively during Q4 2025. Galaxy Digital Inc. (Nasdaq: GLXY) shares crashed 20.65% on Tuesday, sliding to $21.32 after the crypto firm reported a staggering $482 million net…

Ethereum Price Down 10% Since Vitalik Sold $500K of ETH, Questions L2s Role

Key Notes Vitalik Buterin sold 211.84 ETH ($500k) to the Kanro Fund, a charity supporting health, AI safety, and open-source research. ETH declined nearly 10% post-announcement, trading at $2,117 with 31% lower trading volume indicating low-liquidity volatility. Buterin’s post argued the “rollup-centric” L2 vision no longer aligns with current realities, proposing instead a spectrum of solutions with differentiated value beyond pure scaling. The price of Ethereumโ€™s native token, Ether, is down 7% in a 24-hour time frame, happening after Vitalik Buterin sold $500,000 worth of ETH and made a post…

Crypto.com Launches โ€˜OGโ€™ Sports Predictions Market Offering Leveraged, Margin Trading

Key Notes OG operates as a fully-regulated trading platform combining prediction markets with social media experience, led by Crypto.com’s former chief legal officer Nick Lundgren as CEO. The platform will be the first prediction markets platform to offer margin trading through CDNA’s margin prediction contracts product. Crypto.com’s prediction market business achieved 40x weekly growth over six months, with the company holding full-stack CFTC approval positioning it alongside market leaders Kalshi and Polymarket. Crypto.com has launched โ€œOG,โ€ a standalone prediction market platform aimed at sports enthusiasts. According to a Feb. 3…

Kraken Parent Company Payward, Reports Revenue Jump to $2.2 Billion in 2025

Key Notes Asset-based operations now represent 53% of Payward’s revenue, surpassing trading at 47% and providing stability against market volatility. Payward’s infrastructure demonstrated resilience during October’s 1.5% crypto market capitalization loss, maintaining platform stability. Kraken secured EU MiCA and UK EMI licenses while preparing for an IPO, signaling expansion into regulated markets. Payward, Krakenโ€˜s parent company, pulled in $2.2 billion in adjusted revenue during 2025โ€”a 33% jump from the previous year as the exchange branched into traditional assets and proprietary trading. The numbers show in their announcement how far Payward…

MetaMask Partners Ondo Finance to Integrate Tokenized US Stocks, ETFs, Commodities

Key Notes MetaMask now offers 200+ tokenized US securities including Apple, Amazon, Microsoft, Nvidia, and Tesla plus commodity ETFs through Ondo Global Markets integration. The integration represents one of the first native tokenized stock and ETF access options in a major self-custodial wallet for non-US users. Tokenized assets enable 24/7 blockchain transactions and address infrastructure limitations that caused trading freezes like the 2021 GameStop incident. MetaMask and Ondo Finance have announced an integration bringing tokenized US stocks, ETFs, and commodities directly into MetaMask wallet via Ondo Global Markets. The integration…

Is Dogecoin Price Preparing 17,000% Pump after Another Elon Musk DOGE Tweet?

Key Notes Elon Musk has reignited interest in the long-delayed DOGE-1 lunar mission being developed by SpaceX. Crypto analyst Crypto Patel said DOGE is holding a macro demand zone between $0.10 and $0.06. Citing historical chart patterns from 2021 and 2024, the analyst predicts a 17000% upside. Dogecoin DOGE $0.11 24h volatility: 2.6% Market cap: $17.90 B Vol. 24h: $1.22 B has been on investorsโ€™ radar once again with Elon Muskโ€™s latest tweet on the meme coin. Other market analysts believe that, according to the historical charts, Dogecoin price is…