Ethereum price extended its decline below $2,000 and $1,950. ETH is now attempting to recover from $1,750 but faces many hurdles near $2,200. Ethereum failed to stay above $2,000 and started a fresh decline. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 zone. Ethereum Price Dips Over 15% Ethereum price failed…
Tag: Crypto
Polygon Hits $3.57 Billion In Payments As Crypto Activity Expands
Reports have disclosed that Polygon closed the final quarter of 2025 with higher on-chain usage, driven by payments, stablecoin transfers, and tokenized assets. Related Reading While traders watched MATIC drift inside a narrow range, activity on the chain told a different story, one focused on payments, stablecoins, and quiet institutional adoption rather than price momentum. Polygon Payments Use Grows Faster Than Prices According to Messariโs Q4 network review released on January 4, Polygon processed heavy payment traffic as fees stayed low and settlement times remained short. More than 50 apps…
Crypto Capitulation Day: Bitcoin Slumps to $62.2K While Wall Street Bleeds
The price of bitcoin sank to roughly $62,200 on Feb. 5, 2026, as a full-blown risk-off mood rippled through global markets, fueled by rising geopolitical strain, economic jitters, and a cascade of forced liquidations across the cryptocurrency sector. Bitcoin Breaches Key Support as Liquidations Snowball and Stocks Stumble Roughly $2.06 billion in crypto derivatives positions […] Original
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Bitcoin Trap Is Almost Fully Set! [Positioning Matters NOW]
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Crypto Bleeds For A 3rd Straight Month, A First In History: Analyst
Reports say an on-chain analytics account called Rand flagged a new milestone: crypto funds have recorded three straight months of outflows for the first time on record. Related Reading That streak stands out because it breaks the pattern of sporadic withdrawals and inflows that marked earlier market cycles. Many investors are watching closely. Outflows Reach A Historic Turning Point According to market watchers, the run of withdrawals covers both retail and institutional flows. Spot Bitcoin exchange-traded funds (ETFs) in the US have been a major focus, with inflows that were…
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,…
$37 Trillion Crypto Reset Plan by Trump?
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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…
Bitcoinโs $70,000 Line Breaksโand the Crypto Debate Erupts
The price of bitcoin has slipped beneath the $70,000 threshold and, over the past 30 days, has given up 26% against the U.S. dollar. This retreat has sent both crypto cheerleaders and critics racing to social media, each eager to offer their own take on whatโs driving bitcoinโs latest pullback. Bitcoin Stumbles Again as Macro […] Original