Bitcoin fell below $73,000 for the second straight day, extending a volatile week in which it lost nearly 18% of its value and erased about $500 billion from its market cap since mid‑January. Bitcoin Erases Gains as Liquidations Mount For the second consecutive day, bitcoin slid below the $73,000 threshold, extending a volatile week that […] Original
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
Key Notes Rui-Siang Lin, the founder of Incognito Market, will now spend the next 30 years in jail. He was accused of operating a digital asset dark web marketplace that facilitated more than $105 million in illicit narcotics sales. Lin will also get another five years of supervised release. Incognito Market founder Rui-Siang Lin was recently sentenced to 30 years in prison by a United States judge. This judgment was issued as a consequence of operating a digital asset dark web marketplace that facilitated more than $105 million in illicit…
The Smarter Web Company joins the London Stock Exchange Main Market, highlighting its bitcoin‑backed balance sheet and growth ambitions. The Smarter Web Company announced its admission to trading on the London Stock Exchange Main Market on February 3, 2026 after uplisting from Aquis, marking the UK web‑design firm’s first Main Market listing and noting it […] Source
Bitwise Chief Investment Officer Matt Hougan has released a new analysis of the current state of the crypto market, arguing that the industry has been firmly entrenched in a bear market for over a year. In a report shared on social media, Hougan stated that his research indicates the current downturn began as early as January 2025, despite widespread optimism fueled by institutional adoption, regulatory progress, and Bitcoin’s (BTC) rally to new all-time highs. Deep Bear Market Driving Crypto? Posting on X, formerly Twitter, Hougan pushed back against the idea…
Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi. OG is powered by Crypto.com Derivatives North America (CDNA), a Commodity Futures Trading Commission-registered exchange and clearinghouse and affiliate of Crypto.com. OG said on Tuesday that it is only available in the United States for now. Entering a ‘deca-billion dollar’ industry Kris Marszalek, co-founder and CEO of Crypto.com, highlighted the firm’s growth in the prediction market space as the reason for launching a dedicated…
Two leading prediction market platforms, Polymarket and Kalshi, have both turned to giving away groceries amid a fight for dominance in the fast-growing prediction markets space. Kalshi offered a $50 grocery giveaway to over 1,000 people in Manhattan on Tuesday, while competitor Polymarket announced plans to open a free grocery store starting next week. Thousands have already picked up their free Kalshi groceries! We are being told we’ve already inspired other companies to keep up the initiative! 2 more hours to get yours Westside Market | 84 3rd Ave. NYC…
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 “OG,” a standalone prediction market platform aimed at sports enthusiasts. According to a Feb. 3…
This moment is quite precarious for Bitcoin. After rejecting the upper boundary of its long-standing ascending channel, Bitcoin has transitioned into a corrective phase, pulling back toward a critical support zone around $65,000. Summary Bitcoin corrected lower after rejecting the channel high resistance $65,000 aligns with POC, Fibonacci, channel low, and daily support Bullish volume is required to confirm a macro bottom and rotation higher The current Bitcoin (BTC) price is just above $73,000. Following a rejection at the upper boundary of a long-standing ascending channel, the largest digital asset…
Bitcoin extended its sharp weekly decline after more than $1.5 billion in leveraged long positions were liquidated, triggering a liquidity squeeze that pushed prices down over 13% and dragged institutional flows, market participation, and media attention lower across the crypto sector. Summary More than $1.5 billion in leveraged long positions were liquidated in late January, accelerating Bitcoin’s decline and deepening short-term market stress. Spot Bitcoin ETFs recorded roughly $509 million in net outflows, signaling a temporary pullback by institutional investors amid risk-off conditions. Prolonged drawdowns tend to reduce public interest…