Crypto Liquidations Hit $1.4 Billion in 24 Hours, Fourth-Largest 90-Day Flush

Key Notes Bitcoin accounts for $738.83 million in liquidations, double Ethereum’s losses, marking the fourth-worst day in three months. Long positions bore the brunt with $1.24 billion wiped out as traders faced margin calls across major exchanges. Analysts including Michael Burry warn Bitcoin could drop to $50,000, replicating its 2021-2022 collapse pattern. The cryptocurrency market is in a downfall and crypto liquidations have already surpassed $1.45 billion in the last 24 hours, making it the fourth-worst day in the past three months by 24-hour liquidation size. As of this writing,…

Circle Partners Polymarket to Integrate Native USDC, Eliminating Bridge Risk

Key Notes The platform transitions from Polygon-bridged USDC.e to Circle’s native stablecoin for direct dollar redemption. Native integration removes vulnerabilities associated with cross-chain bridges, crypto’s most exploited infrastructure weakness. Polymarket processed $22 billion in 2025 volume, positioning itself as the second-largest prediction market globally. Circle and Polymarket announced a partnership today that will bring native USDC to the prediction market over the next few months, replacing the bridged stablecoin version traders currently use. Polymarket runs entirely on Bridged USDC (USDC.e) through Polygon right now. Native USDC comes directly from Circle’s regulated…

Tether Invests $100M in Anchorage Digital to Expand US Stablecoin Presence

Key Notes Tether secured equity in Anchorage Digital Bank, America’s first federally chartered crypto institution. The partnership enables compliant stablecoin operations within US regulatory frameworks under federal supervision. This strategic move contrasts with previous attempts to enter American markets without traditional banking partnerships. Tether Investments announced on February 05 that it invested $100 million in Anchorage Digital, backing the federally chartered bank that issues its USA₮ stablecoin for the American market. This equity stake builds on an existing relationship between the companies as Tether pursues a significant foothold in the…

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 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…

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…

Vitalik Buterin Says No More Copy-Paste EVM Projects Needed

Key Notes Vitalik Buterin stated that launching near-identical Layer-2s and standalone networks brings little value to the Ethereum ecosystem. Buterin noted that increasing EVM-compatible blockspace reduces the need for redundant chains. He urged developers to pursue real innovation, highlighting privacy-focused designs. Ethereum co-founder Vitalik Buterin has recently criticized the lack of originality across the Layer-2 and blockchain scaling ecosystem. In his latest blog post, Buterin argued that the space has become overly reliant on launching near-identical, EVM-based networks. He stressed the need for meaningful innovation in new and upcoming chains.…

Tether Hits ATH in Circulating Supply, but Is USDT Depegging Imminent?

Key Notes USDT recorded an expansion in circulating supply to a record $187.3 billion in Q4 2025. Tether is still the most dominant among all the stablecoins in the market. USDT depegged to $0.9980, its weakest peg in more than 5 years. Largest stablecoin Tether has hit an All-time High (ATH) on its circulating supply. The dollar-pegged stablecoin USDT recorded expansion to a record $187.3 billion in market capitalization in Q4, 2025. This is notable, given the bearish conditions in the broader crypto market following October’s liquidation season. There are…