Bitcoin and ether ETFs remained under intense selling pressure, extending February’s sharp drawdown. XRP and solana ETFs, however, continued to attract fresh capital, offering rare pockets of strength. Another Heavy Selloff Hits Crypto ETFs Relentless selling defined another volatile session for crypto ETFs, with capital continuing to rotate away from bitcoin and ether while selectively […] Original
Bitcoin price has rebounded from a critical multi-year channel support near $62,500, raising the question of whether a high-timeframe bottom may be forming. Summary $62,500 marks multi-year channel support, active since March 2021 Confluence with value area high strengthens the bounce, increasing reaction probability Accumulation is required, to confirm a sustainable move toward the channel midpoint Bitcoin (BTC) price action has recently reacted from a major technical support zone that has defined market structure for several years. After an extended bearish expansion, BTC has revisited the lower boundary of a…
Bitcoin is holding at $67,312, with a market cap of $1.32 trillion and 24-hour trading volume clocking in at a thunderous $160 billion. The price range has swung dramatically between $60,000 and $70,546—classic whiplash territory for anyone with weak hands or slower reflexes. Bitcoin Chart Outlook Bitcoin’s technical landscape on Feb. 6, 2026, is a […] Original
Binance has bought another 3,600 BTC for its SAFU fund, lifting the stash to 6,230 BTC as it races to convert roughly $1B in user‑protection reserves into Bitcoin within 30 days. Summary Binance says it “completed the purchase of 3600 BTC for the SAFU Fund, amounting to 250M USD stablecoins,” and that its SAFU BTC address now holds 6,230 BTC as it works to finish the full $1B conversion window. The exchange first announced the pivot on Jan. 29, promising to move about $1B in SAFU reserves out of dollar‑pegged…
South Korean crypto exchange Bithumb was thrust into the spotlight on Friday after claims surfaced on social media that an internal error led to the accidental distribution of 2,000 Bitcoin to users, triggering a sharp price dislocation on the platform. Summary Bitcoin on Bithumb briefly traded more than 10% below other major exchanges following reports of an internal airdrop error. Social media claims, echoed by Lookonchain, allege a staff mistake sent 2,000 BTC ($133M) instead of a small KRW reward, triggering heavy sell pressure. Bithumb has not confirmed the incident,…
An analyst warns Bitcoin could revisit ~$38k if past 70% drawdown patterns repeat, while others argue deeper institutional flows may cap the correction nearer 55%–60%. Summary Analyst “Sherlock” maps past drawdowns of 93%, 86%, 84%, and 77% to project a roughly 70% drop this cycle, implying a Bitcoin bottom near $38,000. Critics on X counter that prior top‑to‑bottom moves versus bottom‑to‑top rallies suggest a shallower 55%–60% correction, arguing institutions could soften the downside. Sherlock replies that reflexivity can cut both ways, warning traders that trying to time a perfect bottom…
Bitcoin Core maintainer Gloria Zhao has revoked her signing PGP key and stepped down, ending a six-year run of mempool-focused work that reshaped transaction policy. Summary Zhao confirmed on GitHub on Feb. 5 that she revoked her maintainer PGP key, formally ending her role signing Bitcoin Core releases. She became the first known woman Bitcoin Core maintainer in July 2022, when her key was added to the trusted-keys file alongside Pieter Wuille’s departure. Backed by Brink, the Human Rights Foundation and Spiral, she specialized in mempool policy, package relay (BIP…
IBIT’s heavy Bitcoin flows and rising institutional demand collide with growing “harvest now, decrypt later” fears and BMIC’s push for post-quantum wallet security. Summary BlackRock’s iShares Bitcoin Trust now holds about 764,893 BTC, or roughly 3.64% of the eventual 21 million supply, intensifying focus on centralization and key management. Security researchers warn of “harvest now, decrypt later” attacks, where adversaries stockpile today’s encrypted blockchain data for future quantum decryption once ECC is broken. BMIC’s presale pitches a “Quantum Meta-Cloud” with ERC‑4337 smart accounts and signature‑hiding wallets that keep public keys…
Bitcoin treasury firm Strategy reported a massive Q4 2025 operating loss of $17.4B, a 17‑fold jump from the prior year, driven largely by unrealized losses on its BTC holdings. Bitcoin Holdings Slip Underwater Bitcoin treasury firm Strategy reported a staggering operating loss of $17.4 billion in the fourth quarter of 2025, a 17-fold increase from […] Original
Secure Digital Markets sent $1M in Bitcoin to Kraken over Lightning, showcasing near-instant, low-fee settlement for institutional-size payments. Summary Secure Digital Markets completed a $1M Bitcoin transaction to Kraken via Lightning on Jan. 28, the largest publicly reported Lightning payment so far. The pilot, powered by Voltage’s enterprise Lightning infrastructure, aimed to test high-value settlement between regulated counterparties with near-zero fees. SDM, Kraken, and Voltage executives say the transfer signals Lightning’s readiness for institutional treasury, venue-to-venue settlements, and faster exchange payments. Secure Digital Markets (SDM) completed a $1 million Bitcoin…