Daily Crypto News

Coinbase has adopted the Sui token standard, enhancing trading and custody services for Sui alongside Ethereum and Solana. This partnership aims to simplify asset management for institutions and developers, reflecting growing interest in Sui-based investment products.

Goldman Sachs warns of a potential $80 billion sell-off in US stocks, which could negatively impact BTC prices. Meanwhile, gold and silver prices have eased, prompting investor interest despite economic uncertainties.

Cash App, owned by Block Inc., has launched new bitcoin features, including zero-to-low fees, higher withdrawal limits, and 24/7 access, aimed at enhancing accessibility. This follows Block Inc.'s plan to cut up to 10% of its workforce to reduce costs.

On February 10th, Sam Bankman-Fried, who has been sentenced to 25 years in prison on multiple charges of fraud and conspiracy, spoke out again through his verified X account, claiming "FTX has never gone bankrupt," and accused the company's lawyers of submitting a "false bankruptcy petition." This statement starkly contrasts with the U.S. court rulings, regulatory documents, and financial audit results, and has quickly attracted attention within the crypto community. According to judicial records, SBF was involved in embezzling over $8 billion of customer assets, leading the platform to become insolvent by the end of 2022. The massive losses of his affiliated trading firm Alameda Research were the direct cause of the collapse. Although subsequent asset recoveries and market rebounds have improved creditor expectations in some cases, prosecutors and judges both emphasized that this does not change the established facts of fraud.

Bullish listed VET/USDC and VTHO/USDC, with deposits, withdrawals, trading, and AMM support going live on February 5 at 1:00 p.m. VeChain said the listing expands regulated access for institutional participants seeking exposure to VET. VeChain’s VET token has been added to Bullish, a regulat

XRP has risen for two consecutive days, with the focus shifting to the White House Market Structure Bill meeting on February 10. It is expected that a consensus on stablecoin yields will boost demand. XRP ETF inflows are strong, but Bitcoin ETF funds are flowing out. In the short term of February, the outlook remains bearish, but the medium term is bullish.

Bitcoin (BTC) continues its sluggish trend, temporarily trading around $70,050 on February 10. Jump Trading will provide liquidity in exchange for a small stake in Kalshi and Polymarket; such market-making agreements are similar to venture capital arrangements. MicroStrategy increased its holdings by 1,142 Bitcoins last week, and BitMine has accumulated a total of 40,000 ETH.

Bitcoin reported $70,000 on February 10, and remains in a sluggish trend. Long-term holders' net positions decreased by 245,000 BTC, but the total supply increased from 13.63 million to 13.81 million, indicating reallocation. On February 6, 66,940 BTC flowed into accumulated addresses, reaching the weekly maximum, indicating whale accumulation. The Sharpe ratio of -10 hits a new low, consistent with the late bear market.

Bitcoin (BTC) rebounds and pauses its downward trend, currently around $70,310 as of February 9. MicroStrategy Bitcoin strategy manager emphasized that the company will never stop buying Bitcoin, with Michael Saylor hinting at additional purchases. Cathie Wood's ARK Invest continues to reduce its holdings of COIN stock and sold $22 million worth of ETF shares.

Why did Bitcoin rise today? BTC/USD broke through $71,000 on Sunday, temporarily reversing last week's sluggish trend. The Financial Times published a bearish article claiming that Bitcoin is "destined to hit rock bottom," but this has become a contrarian indicator for bottom-fishing. The 200-week moving average cloud provides support between $58,000 and $68,000, but analysts warn of a potential repeat of the 2022 bear market.

Bitcoin (BTC) further deepened its correction, temporarily reporting around $64,300 on February 6, with a low of once dropping below the $60,000 mark. U.S. stocks, gold, and silver experienced a rare simultaneous plunge, and the market was extremely panicked. The World Liberty Financial team under the Trump family once again sold 100 WBTC to exchange for 6.71 million USDC.

Bitcoin falls below $61,000, erasing the gains since Trump's election, down 51% from the all-time high. iShares IBIT, with a trading volume of $10 billion, drops 13%, and ETFs saw outflows of $5 billion in March. Mining costs at $87,000 are well above the market price, Luxor hash price hits a new low, and large-scale hash power is shutting down. The weekly RSI drops below 30 for the fifth time in history, and aNUPL turns negative, indicating holders are at a loss.

Bitcoin (BTC) continues to decline, temporarily reported at around $73,050 on February 5. The "small non-farm" ADP employment change added only 22,000 jobs, indicating a slowdown in the employment market. The non-farm payroll report was delayed, causing volatility in risk assets. Ripple has integrated Hyperliquid into its main broker platform, marking its first integration with a DeFi platform.

Bitcoin drops to $72,096, hitting a 16-month low, down 42% from the high of $126,000. Four major bearish factors: Trump-Greenland dispute causing US-Europe tensions, government shutdown delays, Warsh nomination sparking hawkish expectations, slow regulatory legislation. Bitcoin ETF saw a net outflow of $12 billion in March. MicroStrategy fell 5%, Riot and MARA dropped 11%.

Bitcoin (BTC) experienced a slight rebound after a deep decline, currently around $76,220 as of February 4. Donald Trump signed a funding bill, ending the partial government "shutdown." Ondo Finance launched a "Global Listing" service, allowing IPO stocks to be tokenized on their first day. Aave's founder announced the closure of the Family wallet and the deactivation of the Avara brand, fully returning to Aave.

Bitcoin fell below 73,000 on Tuesday, hitting a new low since Trump's election. The U.S. shooting down an Iranian drone triggered risk-off sentiment, with gold rising 6.7% and silver surging 10%. Glassnode shows that 44% of Bitcoin supply is in loss, with liquidations of 663 million. RSI hit 30, referencing a potential 20% drop in 2022 to test 60,000.

Bitcoin (BTC) has experienced a strong rebound, currently around $78,960 as of February 3. Major derivatives exchange CBOE is targeting the prediction market and plans to relaunch the "all or nothing" options product. After investors withdrew $2.8 billion within two weeks, the average purchase price of Bitcoin ETFs has decreased. White House officials met with representatives from the cryptocurrency and banking industries to discuss stablecoin issues.

Bitcoin rebounded on Monday by 2.05% to around $79,000, with RSI dropping to 28 indicating extreme oversold conditions. MicroStrategy purchased 855 BTC, bringing the total holdings to 713,502 BTC. The White House convened a stablecoin summit, injecting policy expectations. Previously, uncertainty was triggered by Trump's nomination of Kevin Warsh as Federal Reserve Chair, causing BTC to drop to $74,532.

Bitcoin (BTC) experienced a slight rebound after a weekend crash, currently around $77,400 as of February 2. After U.S. President Trump announced the nomination of Kevin Waugh as the next Federal Reserve Chair, risk assets fluctuated and declined. The Bitcoin sell-off caused the dollar-weighted yield of BlackRock IBIT to turn negative. FTX stated that the next round of fund distribution is expected on March 31, with total claims amounting to approximately $9.6 billion.

Bitcoin rebounded after falling to around $76,000. The RSI broke below 30 into the oversold zone. MicroStrategy's Michael Saylor posted "More Orange" implying continued buying. The $1 billion liquidation was completed, releasing selling pressure. Bitcoin held the $78,000 support, with short-term targets of $84,000 to $86,000.