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Adolescenti Arrestati Dopo Tentativo di Furto Violento di CriptovalutaDue adolescenti della California stanno affrontando accuse di reato da adulti dopo che le autorità dicono che hanno compiuto un'invasione domestica violenta a Scottsdale, in Arizona, prendendo di mira una famiglia che credevano controllasse decine di milioni di dollari in criptovaluta. Punti Chiave Due adolescenti avrebbero preso di mira una casa a Scottsdale in un tentativo fallito di rubare 66 milioni di dollari in criptovaluta. I sospetti si sono spacciati per autisti di consegna, hanno aggredito i residenti e sono fuggiti prima di essere arrestati dopo un breve inseguimento da parte della polizia. Gli investigatori affermano che l'attacco potrebbe far parte di una crescente tendenza di "attacchi con chiave inglese" violenti legati al furto di criptovalute.

Adolescenti Arrestati Dopo Tentativo di Furto Violento di Criptovaluta

Due adolescenti della California stanno affrontando accuse di reato da adulti dopo che le autorità dicono che hanno compiuto un'invasione domestica violenta a Scottsdale, in Arizona, prendendo di mira una famiglia che credevano controllasse decine di milioni di dollari in criptovaluta.

Punti Chiave
Due adolescenti avrebbero preso di mira una casa a Scottsdale in un tentativo fallito di rubare 66 milioni di dollari in criptovaluta.
I sospetti si sono spacciati per autisti di consegna, hanno aggredito i residenti e sono fuggiti prima di essere arrestati dopo un breve inseguimento da parte della polizia.
Gli investigatori affermano che l'attacco potrebbe far parte di una crescente tendenza di "attacchi con chiave inglese" violenti legati al furto di criptovalute.
Vietnam Moves to Tax Crypto Trades Under New Draft RulesThe Vietnam Ministry of Finance has opened public consultations on a draft circular that would introduce a tax on cryptocurrency transactions, signaling a major step toward formal oversight of the country’s digital asset market. Key Takeaways Vietnam plans a 0.1% tax on every crypto transfer made through licensed platforms.The tax is based on transaction value, not profit, and applies even to losing trades.The proposal is part of a wider push to formally regulate and legalize the crypto market. Circulated in early February 2026, the proposal sets out a 0.1% personal income tax on the value of each crypto transfer conducted through licensed platforms, aligning digital assets with the existing tax framework used for securities trading. If implemented, the rules would mark one of the clearest attempts yet to bring crypto activity into Vietnam’s formal financial system. How the proposed tax would work Under the draft, individual investors, including both residents and non-residents, would pay a 0.1% tax on the gross value of every crypto transfer. Because the levy is based on transaction turnover rather than profit, it would apply regardless of whether a trade results in gains or losses. Domestic institutional investors would be treated differently. Companies established in Vietnam would be subject to a 20% corporate income tax on net profits from crypto trading, calculated after deducting purchase costs and related expenses. Foreign institutions transferring crypto through Vietnamese service providers would face the same 0.1% turnover tax applied to individuals. The proposal also confirms that cryptocurrency trading would remain exempt from value-added tax, reinforcing the view that digital assets are to be treated as financial instruments rather than consumer goods. Part of a wider regulatory overhaul The tax initiative fits into a broader effort to move crypto out of a long-standing legal gray area. It builds on a five-year pilot program launched in September 2025 that requires all crypto transactions during the trial phase to be settled exclusively in Vietnamese dong. As part of this push, the State Securities Commission began accepting license applications for digital asset exchanges in January 2026. Licensing requirements are strict, including a minimum charter capital of 10 trillion VND, roughly $408 million, and a foreign ownership cap of 49%, pointing to a preference for large, well-capitalized operators with strong local participation. Legal recognition sets the foundation These developments follow the Law on Digital Technology Industry, which came into force on January 1, 2026. The law provides Vietnam’s first formal legal definition of digital assets and recognizes them as a form of property, laying the groundwork for taxation, licensing, and enforcement. What comes next The Ministry of Finance is now gathering feedback on the draft circular before finalizing the rules. Once adopted, the framework is expected to bring long-awaited clarity to crypto activity in Vietnam, a country that consistently ranks among the world’s leaders in grassroots cryptocurrency adoption. #crypto

Vietnam Moves to Tax Crypto Trades Under New Draft Rules

The Vietnam Ministry of Finance has opened public consultations on a draft circular that would introduce a tax on cryptocurrency transactions, signaling a major step toward formal oversight of the country’s digital asset market.

Key Takeaways
Vietnam plans a 0.1% tax on every crypto transfer made through licensed platforms.The tax is based on transaction value, not profit, and applies even to losing trades.The proposal is part of a wider push to formally regulate and legalize the crypto market.
Circulated in early February 2026, the proposal sets out a 0.1% personal income tax on the value of each crypto transfer conducted through licensed platforms, aligning digital assets with the existing tax framework used for securities trading.
If implemented, the rules would mark one of the clearest attempts yet to bring crypto activity into Vietnam’s formal financial system.
How the proposed tax would work
Under the draft, individual investors, including both residents and non-residents, would pay a 0.1% tax on the gross value of every crypto transfer. Because the levy is based on transaction turnover rather than profit, it would apply regardless of whether a trade results in gains or losses.
Domestic institutional investors would be treated differently. Companies established in Vietnam would be subject to a 20% corporate income tax on net profits from crypto trading, calculated after deducting purchase costs and related expenses. Foreign institutions transferring crypto through Vietnamese service providers would face the same 0.1% turnover tax applied to individuals.
The proposal also confirms that cryptocurrency trading would remain exempt from value-added tax, reinforcing the view that digital assets are to be treated as financial instruments rather than consumer goods.
Part of a wider regulatory overhaul
The tax initiative fits into a broader effort to move crypto out of a long-standing legal gray area. It builds on a five-year pilot program launched in September 2025 that requires all crypto transactions during the trial phase to be settled exclusively in Vietnamese dong.
As part of this push, the State Securities Commission began accepting license applications for digital asset exchanges in January 2026. Licensing requirements are strict, including a minimum charter capital of 10 trillion VND, roughly $408 million, and a foreign ownership cap of 49%, pointing to a preference for large, well-capitalized operators with strong local participation.
Legal recognition sets the foundation
These developments follow the Law on Digital Technology Industry, which came into force on January 1, 2026. The law provides Vietnam’s first formal legal definition of digital assets and recognizes them as a form of property, laying the groundwork for taxation, licensing, and enforcement.
What comes next
The Ministry of Finance is now gathering feedback on the draft circular before finalizing the rules. Once adopted, the framework is expected to bring long-awaited clarity to crypto activity in Vietnam, a country that consistently ranks among the world’s leaders in grassroots cryptocurrency adoption.
#crypto
Hyperliquid Affronta Una Critica Severissima Da Parte Del Ex Capo Di Multicoin CapitalUna critica severa da uno degli investitori più conosciuti nel settore delle criptovalute ha riportato in primo piano l'exchange decentralizzato Hyperliquid, riaccendendo il dibattito sulla trasparenza, la regolamentazione e su cosa dovrebbe realmente significare la decentralizzazione nella pratica. Punti chiave Il presidente di Forward Industries ha criticato pubblicamente Hyperliquid, definendolo un simbolo di problemi strutturali ed etici nel settore delle criptovalute. Ha messo in discussione la trasparenza, la governance e la postura regolamentare della piattaforma. Nonostante le critiche, il token HYPE di Hyperliquid ha continuato a crescere grazie all'adozione istituzionale.

Hyperliquid Affronta Una Critica Severissima Da Parte Del Ex Capo Di Multicoin Capital

Una critica severa da uno degli investitori più conosciuti nel settore delle criptovalute ha riportato in primo piano l'exchange decentralizzato Hyperliquid, riaccendendo il dibattito sulla trasparenza, la regolamentazione e su cosa dovrebbe realmente significare la decentralizzazione nella pratica.

Punti chiave
Il presidente di Forward Industries ha criticato pubblicamente Hyperliquid, definendolo un simbolo di problemi strutturali ed etici nel settore delle criptovalute.
Ha messo in discussione la trasparenza, la governance e la postura regolamentare della piattaforma.
Nonostante le critiche, il token HYPE di Hyperliquid ha continuato a crescere grazie all'adozione istituzionale.
Massive BTC Transfer From Early Wallet Fuels Satoshi SpeculationReports circulating on social media claim that a wallet attributed to Satoshi Nakamoto has shown activity for the first time in roughly 15 years, with a transfer of 2,565 BTC flagged on-chain. Key takeaways A transfer of 2,565 BTC was detected from a wallet linked by some trackers to early Bitcoin miningThe wallet had reportedly been inactive for around 15 yearsThe transaction reignited speculation around Satoshi Nakamoto’s identityNo definitive proof confirms the wallet belongs to Satoshi The transaction immediately sparked intense speculation across crypto markets, reviving long-standing debates about dormant early Bitcoin wallets and their true ownership. What we actually know from the blockchain On-chain data confirms that a large, long-dormant Bitcoin address moved 2,565 BTC, a sum worth hundreds of millions of dollars at current prices. However, while some platforms label the address as “Satoshi Nakamoto,” this attribution is not officially verified. Early Bitcoin mining was distributed across many wallets in 2009–2010, and multiple addresses from that era remain inactive or loosely clustered under speculative labels. Importantly, the transfer does not prove that Satoshi Nakamoto is alive, active, or “buying Bitcoin.” It only confirms that coins mined in Bitcoin’s earliest days were moved. Similar events in the past have later been attributed to early miners, exchanges reorganizing cold storage, or wallet consolidations rather than Satoshi himself. Why this still matters for the market Even unverified, movements tied to early Bitcoin wallets tend to influence sentiment. Traders often associate these coins with extreme long-term conviction, so any activity can raise concerns about potential selling pressure or, conversely, signal confidence if funds are merely relocated. In this case, there is no evidence the BTC was sent to an exchange or prepared for sale. Historically, genuine Satoshi-linked wallets - estimated to hold around 1 million BTC - have never moved. Any confirmed activity from those addresses would be one of the most significant events in Bitcoin’s history, with profound psychological and market implications. For now, the episode serves as a reminder of how sensitive markets remain to early-era Bitcoin activity. Until clearer attribution emerges, the transfer is best viewed as an intriguing on-chain event - not confirmation that Bitcoin’s creator has returned. #satoshiNakamato

Massive BTC Transfer From Early Wallet Fuels Satoshi Speculation

Reports circulating on social media claim that a wallet attributed to Satoshi Nakamoto has shown activity for the first time in roughly 15 years, with a transfer of 2,565 BTC flagged on-chain.

Key takeaways
A transfer of 2,565 BTC was detected from a wallet linked by some trackers to early Bitcoin miningThe wallet had reportedly been inactive for around 15 yearsThe transaction reignited speculation around Satoshi Nakamoto’s identityNo definitive proof confirms the wallet belongs to Satoshi
The transaction immediately sparked intense speculation across crypto markets, reviving long-standing debates about dormant early Bitcoin wallets and their true ownership.
What we actually know from the blockchain
On-chain data confirms that a large, long-dormant Bitcoin address moved 2,565 BTC, a sum worth hundreds of millions of dollars at current prices. However, while some platforms label the address as “Satoshi Nakamoto,” this attribution is not officially verified. Early Bitcoin mining was distributed across many wallets in 2009–2010, and multiple addresses from that era remain inactive or loosely clustered under speculative labels.
Importantly, the transfer does not prove that Satoshi Nakamoto is alive, active, or “buying Bitcoin.” It only confirms that coins mined in Bitcoin’s earliest days were moved. Similar events in the past have later been attributed to early miners, exchanges reorganizing cold storage, or wallet consolidations rather than Satoshi himself.
Why this still matters for the market
Even unverified, movements tied to early Bitcoin wallets tend to influence sentiment. Traders often associate these coins with extreme long-term conviction, so any activity can raise concerns about potential selling pressure or, conversely, signal confidence if funds are merely relocated. In this case, there is no evidence the BTC was sent to an exchange or prepared for sale.
Historically, genuine Satoshi-linked wallets - estimated to hold around 1 million BTC - have never moved. Any confirmed activity from those addresses would be one of the most significant events in Bitcoin’s history, with profound psychological and market implications.
For now, the episode serves as a reminder of how sensitive markets remain to early-era Bitcoin activity. Until clearer attribution emerges, the transfer is best viewed as an intriguing on-chain event - not confirmation that Bitcoin’s creator has returned.
#satoshiNakamato
Saylor Suggerisce il Prossimo Passo di Strategy mentre Bitcoin Scambia Vicino a $71,000L'ultimo post di Michael Saylor - un semplice ma carico “I Punti Arancioni Contano” - viene ampiamente interpretato come un altro segnale sottile che punta alla tesi di accumulo a lungo termine di Bitcoin di Strategy piuttosto che al rumore di prezzo a breve termine. Punti chiave: Strategy detiene 713,502 BTC, una delle maggiori posizioni corporate in Bitcoin a livello globale Bitcoin è scambiato attorno a $71,206, valutando le partecipazioni in BTC di Strategy a oltre $50 miliardi L'attenzione rimane sull'accumulo a lungo termine, non sui movimenti di prezzo a breve termine Saylor continua a inquadrare Bitcoin come un asset fondamentale di bilancio, non come uno strumento di trading

Saylor Suggerisce il Prossimo Passo di Strategy mentre Bitcoin Scambia Vicino a $71,000

L'ultimo post di Michael Saylor - un semplice ma carico “I Punti Arancioni Contano” - viene ampiamente interpretato come un altro segnale sottile che punta alla tesi di accumulo a lungo termine di Bitcoin di Strategy piuttosto che al rumore di prezzo a breve termine.

Punti chiave:
Strategy detiene 713,502 BTC, una delle maggiori posizioni corporate in Bitcoin a livello globale
Bitcoin è scambiato attorno a $71,206, valutando le partecipazioni in BTC di Strategy a oltre $50 miliardi

L'attenzione rimane sull'accumulo a lungo termine, non sui movimenti di prezzo a breve termine
Saylor continua a inquadrare Bitcoin come un asset fondamentale di bilancio, non come uno strumento di trading
Why Quantum Fears Around Bitcoin Are PrematureQuantum computing is often framed as an existential threat to Bitcoin, but that framing skips over how far the technology still has to go. Key Takeaways Quantum computing is a long-term issue, not an immediate threat to Bitcoin.Current quantum hardware is far too weak to break Bitcoin’s security.Bitcoin can gradually upgrade its cryptography if the risk becomes real. An analysis from digital asset manager CoinShares suggests that the discussion is less about imminent danger and more about long-term preparation for a system that now safeguards trillions of dollars in value. Where Bitcoin’s defenses actually stand Bitcoin’s security model is more nuanced than many critics assume. Most coins sit in modern address types that keep public keys hidden until funds are spent. Without access to those public keys, even an advanced attacker would have nothing to exploit. Only a narrow slice of older addresses behaves differently, which naturally limits the scale of any potential vulnerability. The real constraint is not theory, but hardware. To threaten Bitcoin in practice, quantum computers would need millions of stable, error-corrected qubits. Today’s machines operate with a fraction of that capacity and struggle with reliability. Even optimistic projections place such capabilities well into the future, leaving a wide window for the Bitcoin ecosystem to adapt. Why time works in Bitcoin’s favor That extended timeline matters because Bitcoin is not frozen in place. Its open-source structure allows developers to introduce new cryptographic standards as threats evolve. If quantum computing advances to a meaningful level, quantum-resistant signature schemes can be rolled out through gradual network upgrades rather than emergency fixes. Even under a scenario where quantum progress accelerates, analysts expect no abrupt shock to the market. Any coins that could become exposed would do so slowly, giving holders time to move funds. As a result, liquidity effects would likely unfold over years, not days or weeks. The risk of moving too fast CoinShares also flags a different danger: acting prematurely. Forcing major protocol changes before they are necessary could introduce bugs, complexity, or network fragmentation. A cautious, phased approach allows Bitcoin to strengthen its defenses without creating new problems in the process. Quantum computing remains a topic worth monitoring, but not one that demands alarm. The technology is still distant, Bitcoin’s current exposure is limited, and the network is built to evolve. For now, quantum risk sits firmly in the category of long-term engineering challenges rather than immediate threats to Bitcoin’s security or credibility. #quantumcomputers

Why Quantum Fears Around Bitcoin Are Premature

Quantum computing is often framed as an existential threat to Bitcoin, but that framing skips over how far the technology still has to go.

Key Takeaways
Quantum computing is a long-term issue, not an immediate threat to Bitcoin.Current quantum hardware is far too weak to break Bitcoin’s security.Bitcoin can gradually upgrade its cryptography if the risk becomes real.
An analysis from digital asset manager CoinShares suggests that the discussion is less about imminent danger and more about long-term preparation for a system that now safeguards trillions of dollars in value.
Where Bitcoin’s defenses actually stand
Bitcoin’s security model is more nuanced than many critics assume. Most coins sit in modern address types that keep public keys hidden until funds are spent. Without access to those public keys, even an advanced attacker would have nothing to exploit. Only a narrow slice of older addresses behaves differently, which naturally limits the scale of any potential vulnerability.
The real constraint is not theory, but hardware. To threaten Bitcoin in practice, quantum computers would need millions of stable, error-corrected qubits. Today’s machines operate with a fraction of that capacity and struggle with reliability. Even optimistic projections place such capabilities well into the future, leaving a wide window for the Bitcoin ecosystem to adapt.
Why time works in Bitcoin’s favor
That extended timeline matters because Bitcoin is not frozen in place. Its open-source structure allows developers to introduce new cryptographic standards as threats evolve. If quantum computing advances to a meaningful level, quantum-resistant signature schemes can be rolled out through gradual network upgrades rather than emergency fixes.
Even under a scenario where quantum progress accelerates, analysts expect no abrupt shock to the market. Any coins that could become exposed would do so slowly, giving holders time to move funds. As a result, liquidity effects would likely unfold over years, not days or weeks.
The risk of moving too fast
CoinShares also flags a different danger: acting prematurely. Forcing major protocol changes before they are necessary could introduce bugs, complexity, or network fragmentation. A cautious, phased approach allows Bitcoin to strengthen its defenses without creating new problems in the process.
Quantum computing remains a topic worth monitoring, but not one that demands alarm. The technology is still distant, Bitcoin’s current exposure is limited, and the network is built to evolve. For now, quantum risk sits firmly in the category of long-term engineering challenges rather than immediate threats to Bitcoin’s security or credibility.
#quantumcomputers
Gold Rally Often Comes Before Bitcoin’s Big Move, According to Cathie WoodGold continues to dominate global markets, climbing to around $4,966 at the time of writing and reinforcing its status as the preferred hedge amid persistent macro uncertainty. Key Takeaways Gold jumped to about $4,966 while Bitcoin is hovering just below $70,000.Cathie Wood says gold and Bitcoin have low correlation, with gold rallies often coming first.Gold ETF inflows remain strong, signaling sustained investor demand. Bitcoin, by contrast, is trading just below $70,000 after a period of sharp swings, leaving investors debating whether crypto is falling behind or simply consolidating. While both assets are often grouped together as alternatives to fiat currencies, their price behavior in recent years tells a more nuanced story. Cathie Wood: Gold and Bitcoin Don’t Move Together According to Cathie Wood, Bitcoin and gold have shown surprisingly little overlap in their price movements. Since 2019, the correlation between the two has hovered around just 0.14, suggesting they tend to respond to different market forces despite similar narratives around scarcity and protection against inflation. https://twitter.com/ArkkDaily/status/2020148974158598389 Wood also points to a recurring historical pattern - major gold rallies have often occurred before large Bitcoin advances, rather than alongside them. In past cycles, gold strength has acted as an early signal, with Bitcoin following later once risk appetite returned. ETF Inflows Highlight Strong Gold Demand Investor behavior appears to support that thesis. Holdings in the largest physically backed gold ETF, SPDR Gold Trust ($GLD), have risen to approximately 34.9 million troy ounces, the highest level since May 2022. Since June 2024, holdings have increased by around 8 million ounces, representing growth of roughly 30% in just a few months. Across the broader market, gold and precious-metal ETFs attracted more than $4.3 billion in inflows in January alone, marking the eighth consecutive month of net buying. Gold miner ETFs also saw strong interest, pulling in about $3.6 billion - the largest inflow since at least 2009. Bitcoin Consolidates as Gold Absorbs Defensive Capital The contrast between the two assets is becoming increasingly visible. Gold is benefiting from defensive positioning tied to inflation risks, geopolitical tensions, and uncertainty around global monetary policy. Bitcoin, meanwhile, has struggled to reclaim momentum near its highs, even as long-term narratives around scarcity and adoption remain intact. For some analysts, this divergence is not a warning sign but a familiar setup. If historical relationships repeat, sustained strength in gold could once again precede a renewed Bitcoin rally, rather than signal a lasting shift away from digital assets. As gold continues to attract capital at a record pace, Bitcoin’s consolidation below $70,000 may prove less a sign of weakness and more a pause before the next phase of the cycle. #bitcoin #gold

Gold Rally Often Comes Before Bitcoin’s Big Move, According to Cathie Wood

Gold continues to dominate global markets, climbing to around $4,966 at the time of writing and reinforcing its status as the preferred hedge amid persistent macro uncertainty.

Key Takeaways
Gold jumped to about $4,966 while Bitcoin is hovering just below $70,000.Cathie Wood says gold and Bitcoin have low correlation, with gold rallies often coming first.Gold ETF inflows remain strong, signaling sustained investor demand.
Bitcoin, by contrast, is trading just below $70,000 after a period of sharp swings, leaving investors debating whether crypto is falling behind or simply consolidating.
While both assets are often grouped together as alternatives to fiat currencies, their price behavior in recent years tells a more nuanced story.
Cathie Wood: Gold and Bitcoin Don’t Move Together
According to Cathie Wood, Bitcoin and gold have shown surprisingly little overlap in their price movements. Since 2019, the correlation between the two has hovered around just 0.14, suggesting they tend to respond to different market forces despite similar narratives around scarcity and protection against inflation.
https://twitter.com/ArkkDaily/status/2020148974158598389
Wood also points to a recurring historical pattern - major gold rallies have often occurred before large Bitcoin advances, rather than alongside them. In past cycles, gold strength has acted as an early signal, with Bitcoin following later once risk appetite returned.
ETF Inflows Highlight Strong Gold Demand
Investor behavior appears to support that thesis. Holdings in the largest physically backed gold ETF, SPDR Gold Trust ($GLD), have risen to approximately 34.9 million troy ounces, the highest level since May 2022. Since June 2024, holdings have increased by around 8 million ounces, representing growth of roughly 30% in just a few months.

Across the broader market, gold and precious-metal ETFs attracted more than $4.3 billion in inflows in January alone, marking the eighth consecutive month of net buying. Gold miner ETFs also saw strong interest, pulling in about $3.6 billion - the largest inflow since at least 2009.
Bitcoin Consolidates as Gold Absorbs Defensive Capital
The contrast between the two assets is becoming increasingly visible. Gold is benefiting from defensive positioning tied to inflation risks, geopolitical tensions, and uncertainty around global monetary policy. Bitcoin, meanwhile, has struggled to reclaim momentum near its highs, even as long-term narratives around scarcity and adoption remain intact.
For some analysts, this divergence is not a warning sign but a familiar setup. If historical relationships repeat, sustained strength in gold could once again precede a renewed Bitcoin rally, rather than signal a lasting shift away from digital assets.
As gold continues to attract capital at a record pace, Bitcoin’s consolidation below $70,000 may prove less a sign of weakness and more a pause before the next phase of the cycle.
#bitcoin #gold
This Isn’t Panic Selling: What’s Really Behind Bitcoin’s Latest DropBitcoin’s sharp price swings this week have pushed traders and analysts to look beyond simple narratives of fear or spot selling. Key Takeaways Recent Bitcoin volatility may be driven by dealer hedging tied to structured products linked to IBIT, rather than spot market selling.$64,000 has emerged as a key technical level, with a break below it potentially signaling a deeper market reset.Together, structural flows and macro pressures suggest Bitcoin remains vulnerable to sharp, mechanically driven moves. One explanation gaining traction centers on structured products and dealer hedging dynamics rather than organic shifts in demand. Arthur Hayes argued that the latest $BTC drop was likely driven by banks and dealers hedging exposure tied to structured notes linked to the iShares Bitcoin Trust (IBIT). These bank-issued products often embed complex payoff structures that require dealers to dynamically hedge their exposure as Bitcoin’s price rises or falls. When key thresholds are crossed, hedging activity can intensify abruptly, pushing prices lower or higher in a self-reinforcing loop. Hayes noted that as the “game changes,” market participants must adapt as well. He is now working to compile a comprehensive list of issued structured notes to better understand where hidden trigger points may lie. These levels, once breached, could mechanically force dealers to sell or buy Bitcoin-related exposure, accelerating volatility even in the absence of major news. https://twitter.com/cryptohayes/status/2019994102100865085?s=46 The growing influence of structured finance has raised concerns that Bitcoin’s short-term price action is becoming less reflective of spot market sentiment and more sensitive to derivative positioning and balance-sheet risk management. $64,000 Emerges as a Critical Technical Line While Hayes focuses on market structure, Bloomberg Intelligence strategist Mike McGlone is highlighting a clear technical level that could shape the next phase of Bitcoin’s trend. According to McGlone, the $64,000 area represents a key point where Bitcoin is reverting toward its historical mean following years of speculative excess. He describes this level as a potential “speed bump” rather than a guaranteed floor. If Bitcoin holds above it, the market may stabilize after a period of intense volatility. However, a decisive break below $64,000 could signal that a deeper reset is underway. McGlone also ties Bitcoin’s behavior to the broader macro environment. In his view, 2024 may have marked the late stages of a risk-asset inflation cycle, with crypto now unwinding alongside other speculative assets. If Bitcoin fails to hold support, equities could eventually follow, reinforcing its role as a leading indicator for risk appetite. Volatility Reflects a Market in Transition Taken together, the two perspectives point to a market undergoing structural change. On a short-term basis, dealer hedging linked to structured products may be amplifying moves, creating sharp drops and rebounds that appear disconnected from fundamentals. On a longer-term horizon, Bitcoin may be testing whether its post-election gains were sustainable or part of a broader speculative overshoot. With $64,000 now firmly in focus and structured flows influencing intraday price action, traders are bracing for continued turbulence. Whether Bitcoin stabilizes or breaks lower may depend as much on mechanical hedging flows as on macro sentiment - underscoring how complex the asset’s market structure has become. #bitcoin

This Isn’t Panic Selling: What’s Really Behind Bitcoin’s Latest Drop

Bitcoin’s sharp price swings this week have pushed traders and analysts to look beyond simple narratives of fear or spot selling.

Key Takeaways
Recent Bitcoin volatility may be driven by dealer hedging tied to structured products linked to IBIT, rather than spot market selling.$64,000 has emerged as a key technical level, with a break below it potentially signaling a deeper market reset.Together, structural flows and macro pressures suggest Bitcoin remains vulnerable to sharp, mechanically driven moves.
One explanation gaining traction centers on structured products and dealer hedging dynamics rather than organic shifts in demand.
Arthur Hayes argued that the latest $BTC drop was likely driven by banks and dealers hedging exposure tied to structured notes linked to the iShares Bitcoin Trust (IBIT). These bank-issued products often embed complex payoff structures that require dealers to dynamically hedge their exposure as Bitcoin’s price rises or falls. When key thresholds are crossed, hedging activity can intensify abruptly, pushing prices lower or higher in a self-reinforcing loop.
Hayes noted that as the “game changes,” market participants must adapt as well. He is now working to compile a comprehensive list of issued structured notes to better understand where hidden trigger points may lie. These levels, once breached, could mechanically force dealers to sell or buy Bitcoin-related exposure, accelerating volatility even in the absence of major news.
https://twitter.com/cryptohayes/status/2019994102100865085?s=46
The growing influence of structured finance has raised concerns that Bitcoin’s short-term price action is becoming less reflective of spot market sentiment and more sensitive to derivative positioning and balance-sheet risk management.
$64,000 Emerges as a Critical Technical Line
While Hayes focuses on market structure, Bloomberg Intelligence strategist Mike McGlone is highlighting a clear technical level that could shape the next phase of Bitcoin’s trend. According to McGlone, the $64,000 area represents a key point where Bitcoin is reverting toward its historical mean following years of speculative excess.
He describes this level as a potential “speed bump” rather than a guaranteed floor. If Bitcoin holds above it, the market may stabilize after a period of intense volatility. However, a decisive break below $64,000 could signal that a deeper reset is underway.
McGlone also ties Bitcoin’s behavior to the broader macro environment. In his view, 2024 may have marked the late stages of a risk-asset inflation cycle, with crypto now unwinding alongside other speculative assets. If Bitcoin fails to hold support, equities could eventually follow, reinforcing its role as a leading indicator for risk appetite.
Volatility Reflects a Market in Transition
Taken together, the two perspectives point to a market undergoing structural change. On a short-term basis, dealer hedging linked to structured products may be amplifying moves, creating sharp drops and rebounds that appear disconnected from fundamentals. On a longer-term horizon, Bitcoin may be testing whether its post-election gains were sustainable or part of a broader speculative overshoot.
With $64,000 now firmly in focus and structured flows influencing intraday price action, traders are bracing for continued turbulence. Whether Bitcoin stabilizes or breaks lower may depend as much on mechanical hedging flows as on macro sentiment - underscoring how complex the asset’s market structure has become.
#bitcoin
I Bitcoin ETF vedono nuovi afflussi mentre Ethereum e Solana rimangono sotto pressioneI flussi degli ETF crypto hanno mostrato una netta divergenza il 6 febbraio, con Bitcoin che ha attratto nuovi afflussi istituzionali mentre Ethereum e Solana hanno continuato a fronteggiare deflussi netti. Punti chiave: I Bitcoin ETF hanno registrato un forte afflusso netto di circa $331 milioni Gli ETF di Ethereum sono rimasti sotto pressione con deflussi netti di circa $21 milioni Anche gli ETF di Solana hanno registrato deflussi netti, riflettendo una domanda più debole Gli ETF spot di XRP si sono distinti con un notevole afflusso netto di $15.2 milioni I dati evidenziano un ritorno cauto dell'appetito per il rischio, concentrato quasi interamente attorno all'esposizione a Bitcoin piuttosto che a un'allocazione più ampia di altcoin.

I Bitcoin ETF vedono nuovi afflussi mentre Ethereum e Solana rimangono sotto pressione

I flussi degli ETF crypto hanno mostrato una netta divergenza il 6 febbraio, con Bitcoin che ha attratto nuovi afflussi istituzionali mentre Ethereum e Solana hanno continuato a fronteggiare deflussi netti.

Punti chiave:
I Bitcoin ETF hanno registrato un forte afflusso netto di circa $331 milioni
Gli ETF di Ethereum sono rimasti sotto pressione con deflussi netti di circa $21 milioni
Anche gli ETF di Solana hanno registrato deflussi netti, riflettendo una domanda più debole
Gli ETF spot di XRP si sono distinti con un notevole afflusso netto di $15.2 milioni
I dati evidenziano un ritorno cauto dell'appetito per il rischio, concentrato quasi interamente attorno all'esposizione a Bitcoin piuttosto che a un'allocazione più ampia di altcoin.
Polymarket si avvicina un passo di più al lancio del proprio token crittograficoI documenti legali legati a Polymarket stanno riaccendendo le speculazioni che il gigante dei mercati predittivi stia preparando le basi per un token crittografico nativo. Punti chiave: La società madre di Polymarket ha presentato domande di marchi negli Stati Uniti per “POLY” e “$POLY,” segnalando progressi verso un token nativo. Nessuna tempistica di lancio ancora, ma il movimento si allinea con i piani precedenti di token e airdrop. Blockratize Inc., la società dietro Polymarket, ha fatto domanda per registrare i marchi “POLY” e “$POLY” negli Stati Uniti, secondo i documenti dell'Ufficio Brevetti e Marchi degli Stati Uniti.

Polymarket si avvicina un passo di più al lancio del proprio token crittografico

I documenti legali legati a Polymarket stanno riaccendendo le speculazioni che il gigante dei mercati predittivi stia preparando le basi per un token crittografico nativo.

Punti chiave:
La società madre di Polymarket ha presentato domande di marchi negli Stati Uniti per “POLY” e “$POLY,” segnalando progressi verso un token nativo.
Nessuna tempistica di lancio ancora, ma il movimento si allinea con i piani precedenti di token e airdrop.
Blockratize Inc., la società dietro Polymarket, ha fatto domanda per registrare i marchi “POLY” e “$POLY” negli Stati Uniti, secondo i documenti dell'Ufficio Brevetti e Marchi degli Stati Uniti.
Why Bitcoin’s Price No Longer Follows Simple Supply and DemandBitcoin’s latest selloff is confusing a lot of investors because it does not look or behave like a classic supply-and-demand market move. Key Takeaways Bitcoin’s current drop is being driven by market structure rather than retail fear or on-chain selling pressure.Synthetic exposure from futures, options, ETFs, and lending has diluted the impact of Bitcoin’s fixed supply on price discovery.As derivatives dominate trading, price movements increasingly reflect liquidation flows and positioning instead of pure demand. Prices keep sliding even as long-term holders remain relatively inactive and there is no obvious surge in retail panic. That disconnect is exactly the point. What is playing out now is not a sentiment-driven correction, but the result of a deeper structural change in how Bitcoin’s price is formed. Why this selloff feels different The current decline did not begin with a single headline or sudden shock. It has been building quietly for months as trading activity increasingly shifted away from the blockchain itself and into layered financial instruments. In this environment, Bitcoin’s price is no longer primarily discovered through spot buying and selling. Instead, it is increasingly shaped by positioning, hedging strategies, and forced liquidations inside derivatives markets. From digital scarcity to synthetic supply Bitcoin’s original valuation logic rested on two pillars: a fixed supply of 21 million coins and the idea that each coin could not be duplicated or reused. That framework started to weaken once traditional financial infrastructure wrapped itself around the asset. Cash-settled futures, perpetual swaps, options, exchange-traded products, lending desks, and synthetic exposures all introduced ways to gain Bitcoin price exposure without owning actual coins. The result is a form of synthetic supply. While the number of coins on-chain remains capped, the number of price claims linked to Bitcoin is not. One real coin can now underpin multiple financial positions at the same time. In practical terms, scarcity still exists on the blockchain, but it no longer dominates price discovery. How derivatives now drive price action In markets dominated by derivatives, prices tend to react less to organic demand and more to flows created by leverage. When positioning becomes crowded, even small moves can trigger cascades of forced selling. This is why rallies often fade quickly and declines accelerate without a clear catalyst. The market is responding to margin pressure, hedging adjustments, and liquidation thresholds rather than to investors accumulating or distributing coins. This dynamic is familiar from other major markets such as gold, oil, and equities, where paper exposure vastly exceeds physical supply. Bitcoin is now operating under a similar playbook. The asset is no longer just traded; it is engineered through financial inventory. Why Wall Street has the advantage Large institutional players are not required to guess Bitcoin’s direction in this setup. By manufacturing exposure through derivatives, they can add supply during rallies, push price into liquidation zones, and then unwind positions at lower levels. This cycle can repeat regardless of whether long-term fundamentals change. The market becomes less about belief in Bitcoin’s future and more about managing leverage. What investors are seeing now is not the failure of Bitcoin as a technology, but the consequence of it maturing into a fully financialized asset. In that world, volatility does not disappear - it changes its source. #BTC

Why Bitcoin’s Price No Longer Follows Simple Supply and Demand

Bitcoin’s latest selloff is confusing a lot of investors because it does not look or behave like a classic supply-and-demand market move.

Key Takeaways
Bitcoin’s current drop is being driven by market structure rather than retail fear or on-chain selling pressure.Synthetic exposure from futures, options, ETFs, and lending has diluted the impact of Bitcoin’s fixed supply on price discovery.As derivatives dominate trading, price movements increasingly reflect liquidation flows and positioning instead of pure demand.
Prices keep sliding even as long-term holders remain relatively inactive and there is no obvious surge in retail panic. That disconnect is exactly the point. What is playing out now is not a sentiment-driven correction, but the result of a deeper structural change in how Bitcoin’s price is formed.
Why this selloff feels different
The current decline did not begin with a single headline or sudden shock. It has been building quietly for months as trading activity increasingly shifted away from the blockchain itself and into layered financial instruments. In this environment, Bitcoin’s price is no longer primarily discovered through spot buying and selling. Instead, it is increasingly shaped by positioning, hedging strategies, and forced liquidations inside derivatives markets.
From digital scarcity to synthetic supply
Bitcoin’s original valuation logic rested on two pillars: a fixed supply of 21 million coins and the idea that each coin could not be duplicated or reused. That framework started to weaken once traditional financial infrastructure wrapped itself around the asset. Cash-settled futures, perpetual swaps, options, exchange-traded products, lending desks, and synthetic exposures all introduced ways to gain Bitcoin price exposure without owning actual coins.
The result is a form of synthetic supply. While the number of coins on-chain remains capped, the number of price claims linked to Bitcoin is not. One real coin can now underpin multiple financial positions at the same time. In practical terms, scarcity still exists on the blockchain, but it no longer dominates price discovery.
How derivatives now drive price action
In markets dominated by derivatives, prices tend to react less to organic demand and more to flows created by leverage. When positioning becomes crowded, even small moves can trigger cascades of forced selling. This is why rallies often fade quickly and declines accelerate without a clear catalyst. The market is responding to margin pressure, hedging adjustments, and liquidation thresholds rather than to investors accumulating or distributing coins.
This dynamic is familiar from other major markets such as gold, oil, and equities, where paper exposure vastly exceeds physical supply. Bitcoin is now operating under a similar playbook. The asset is no longer just traded; it is engineered through financial inventory.
Why Wall Street has the advantage
Large institutional players are not required to guess Bitcoin’s direction in this setup. By manufacturing exposure through derivatives, they can add supply during rallies, push price into liquidation zones, and then unwind positions at lower levels. This cycle can repeat regardless of whether long-term fundamentals change. The market becomes less about belief in Bitcoin’s future and more about managing leverage.
What investors are seeing now is not the failure of Bitcoin as a technology, but the consequence of it maturing into a fully financialized asset. In that world, volatility does not disappear - it changes its source.
#BTC
Metaplanet Riafferma il Piano di Accumulo di Bitcoin mentre il BTC Rimbalza verso i $72.000La società di investimento giapponese Metaplanet ha riaffermato la sua strategia a lungo termine sul Bitcoin dopo che il mercato delle criptovalute ha subito un forte sell-off che ha spinto brevemente i prezzi del Bitcoin a scendere intorno ai $60.000. Punti Chiave Metaplanet ha confermato che continuerà ad accumulare Bitcoin nonostante la recente volatilità dei prezzi. Il CEO Simon Gerovich ha riconosciuto la pressione degli azionisti ma ha escluso cambiamenti nella strategia. Il Bitcoin è rimbalzato intorno ai $72.000 dopo essere sceso brevemente vicino ai $60.000. I commenti provenivano dal CEO Simon Gerovich, che ha riconosciuto che l'azione recente dei prezzi è stata difficile per gli azionisti, in particolare poiché le azioni di Metaplanet hanno rispecchiato la più ampia volatilità nei mercati degli asset digitali.

Metaplanet Riafferma il Piano di Accumulo di Bitcoin mentre il BTC Rimbalza verso i $72.000

La società di investimento giapponese Metaplanet ha riaffermato la sua strategia a lungo termine sul Bitcoin dopo che il mercato delle criptovalute ha subito un forte sell-off che ha spinto brevemente i prezzi del Bitcoin a scendere intorno ai $60.000.

Punti Chiave
Metaplanet ha confermato che continuerà ad accumulare Bitcoin nonostante la recente volatilità dei prezzi.
Il CEO Simon Gerovich ha riconosciuto la pressione degli azionisti ma ha escluso cambiamenti nella strategia.
Il Bitcoin è rimbalzato intorno ai $72.000 dopo essere sceso brevemente vicino ai $60.000.
I commenti provenivano dal CEO Simon Gerovich, che ha riconosciuto che l'azione recente dei prezzi è stata difficile per gli azionisti, in particolare poiché le azioni di Metaplanet hanno rispecchiato la più ampia volatilità nei mercati degli asset digitali.
Ethereum Reclaims $2,000 as Active Addresses Hit Record HighEthereum pushed back above the $2,000 level after a sharp recovery across the crypto market, following Bitcoin’s surge toward the $70,000 area. Key Takeaways Ethereum moved back above $2,000 as Bitcoin rebounded toward $70,000.Heavy liquidations cleared leveraged positions, with ETH seeing over $400 million wiped out.On-chain activity hit a new all-time high, signaling strong network usage despite volatility. The rebound came after a volatile sell-off that briefly dragged Bitcoin down to around $60,000, triggering panic across derivatives markets and sending sentiment into extreme fear territory. Volatility Spike Follows Heavy Market Liquidations The move higher came after a significant liquidation event. Total crypto liquidations over the past 24 hours approached $2 billion, with long positions taking the brunt of the damage. Ethereum alone accounted for more than $418 million in liquidations, including roughly $287 million from longs, suggesting that excessive leverage was flushed out during the downturn. Ethereum Price Stabilizes After Steep Weekly Decline Despite the bounce, Ethereum remains under pressure on a weekly basis. ETH is up about 1.8% on the day and nearly 2% over 24 hours, but still down roughly 26% over the past seven days. Its market capitalization stands near $243 billion, while 24-hour trading volume has climbed above $72 billion, reflecting elevated trading activity as investors reposition. From a technical perspective, momentum indicators are beginning to improve. Ethereum’s RSI has rebounded toward the high-50s, moving away from oversold conditions, while the MACD has turned upward on lower timeframes. Price action shows ETH reclaiming the $2,000 psychological level after finding demand near the $1,900 zone. On-Chain Data Shows Record Network Activity On-chain metrics add a constructive backdrop to the recovery. Ethereum recently recorded a new all-time high in active addresses, with the 30-day moving average rising to around 693,000. Historically, periods where network activity expands during price weakness have often aligned with stronger medium-term recoveries. Ethereum’s ability to hold above $2,000 now depends heavily on Bitcoin maintaining strength near the $70,000 level. A sustained consolidation above former resistance could allow ETH to target higher levels, although volatility is likely to remain elevated as the market digests the recent liquidation-driven reset. #ETH

Ethereum Reclaims $2,000 as Active Addresses Hit Record High

Ethereum pushed back above the $2,000 level after a sharp recovery across the crypto market, following Bitcoin’s surge toward the $70,000 area.

Key Takeaways
Ethereum moved back above $2,000 as Bitcoin rebounded toward $70,000.Heavy liquidations cleared leveraged positions, with ETH seeing over $400 million wiped out.On-chain activity hit a new all-time high, signaling strong network usage despite volatility.
The rebound came after a volatile sell-off that briefly dragged Bitcoin down to around $60,000, triggering panic across derivatives markets and sending sentiment into extreme fear territory.
Volatility Spike Follows Heavy Market Liquidations
The move higher came after a significant liquidation event. Total crypto liquidations over the past 24 hours approached $2 billion, with long positions taking the brunt of the damage.
Ethereum alone accounted for more than $418 million in liquidations, including roughly $287 million from longs, suggesting that excessive leverage was flushed out during the downturn.
Ethereum Price Stabilizes After Steep Weekly Decline
Despite the bounce, Ethereum remains under pressure on a weekly basis. ETH is up about 1.8% on the day and nearly 2% over 24 hours, but still down roughly 26% over the past seven days.
Its market capitalization stands near $243 billion, while 24-hour trading volume has climbed above $72 billion, reflecting elevated trading activity as investors reposition.
From a technical perspective, momentum indicators are beginning to improve. Ethereum’s RSI has rebounded toward the high-50s, moving away from oversold conditions, while the MACD has turned upward on lower timeframes. Price action shows ETH reclaiming the $2,000 psychological level after finding demand near the $1,900 zone.
On-Chain Data Shows Record Network Activity
On-chain metrics add a constructive backdrop to the recovery. Ethereum recently recorded a new all-time high in active addresses, with the 30-day moving average rising to around 693,000. Historically, periods where network activity expands during price weakness have often aligned with stronger medium-term recoveries.

Ethereum’s ability to hold above $2,000 now depends heavily on Bitcoin maintaining strength near the $70,000 level. A sustained consolidation above former resistance could allow ETH to target higher levels, although volatility is likely to remain elevated as the market digests the recent liquidation-driven reset.
#ETH
Bitcoin Affronta il Crollo Più Violento degli Anni, Punta alla Stabilizzazione Vicino ai $70.000L'ultimo crollo di Bitcoin non è stata una correzione di routine, ma un evento statisticamente raro. Il 1 febbraio, Bitcoin ha registrato un movimento di -5,65 deviazioni standard basato su un'analisi di volatilità di 200 giorni, collocando il calo tra i più estremi shock di prezzo da quando il trading è iniziato nel 2010. Punti Chiave Il crollo di Bitcoin è stato un evento statisticamente estremo, classificandosi tra i movimenti di volatilità più rari nella sua storia. Il prezzo si è mantenuto sopra i $60.000, stabilizzandosi vicino al supporto critico di valutazione a lungo termine attorno ai $58.000-$60.000.

Bitcoin Affronta il Crollo Più Violento degli Anni, Punta alla Stabilizzazione Vicino ai $70.000

L'ultimo crollo di Bitcoin non è stata una correzione di routine, ma un evento statisticamente raro. Il 1 febbraio, Bitcoin ha registrato un movimento di -5,65 deviazioni standard basato su un'analisi di volatilità di 200 giorni, collocando il calo tra i più estremi shock di prezzo da quando il trading è iniziato nel 2010.

Punti Chiave
Il crollo di Bitcoin è stato un evento statisticamente estremo, classificandosi tra i movimenti di volatilità più rari nella sua storia.
Il prezzo si è mantenuto sopra i $60.000, stabilizzandosi vicino al supporto critico di valutazione a lungo termine attorno ai $58.000-$60.000.
Bitcoin Surges to $68K While Extreme Fear Still Dominates MarketsThe crypto market is attempting a cautious rebound, even as sentiment remains pinned at extreme fear. Key takeaways: Crypto market cap is hovering around $2.33 trillion, down slightly on the dayThe Fear & Greed Index has dropped to 5, marking a yearly low and extreme fearBitcoin is trading near $68,300, showing short-term stabilizationAltcoins remain mixed, with selective strength despite broader risk aversion Total market capitalization stands near $2.33 trillion, slightly lower on the day, while several major assets are posting modest short-term gains following a volatile sell-off earlier in the week. Despite the bounce, market conditions remain fragile. The average crypto relative strength index has recovered to around 44, suggesting selling pressure has eased compared to recent extremes, but momentum remains far from overbought territory. Bitcoin stabilizes as fear dominates sentiment Bitcoin is trading around $68,300, posting gains on the one-hour and daily timeframes, while still down more than 18% over the past seven days. Trading volume remains elevated, indicating active positioning as traders reassess risk following the sharp correction. Historically, readings of extreme fear have coincided with periods of heightened volatility and, in some cases, medium-term market bottoms. However, such conditions can also persist, particularly when macro uncertainty and deleveraging pressures remain unresolved. Ethereum and several large-cap altcoins are showing similar patterns - short-term relief rallies within a broader corrective structure. Notably, XRP has outperformed on the day, while Solana and BNB remain under pressure on higher timeframes. Overall, the market appears to be in a pause-and-assess phase rather than a confirmed recovery. With sentiment deeply pessimistic and positioning still cautious, the next directional move is likely to depend on whether buyers can sustain momentum—or whether renewed volatility tests confidence once again. #bitcoin

Bitcoin Surges to $68K While Extreme Fear Still Dominates Markets

The crypto market is attempting a cautious rebound, even as sentiment remains pinned at extreme fear.

Key takeaways:
Crypto market cap is hovering around $2.33 trillion, down slightly on the dayThe Fear & Greed Index has dropped to 5, marking a yearly low and extreme fearBitcoin is trading near $68,300, showing short-term stabilizationAltcoins remain mixed, with selective strength despite broader risk aversion
Total market capitalization stands near $2.33 trillion, slightly lower on the day, while several major assets are posting modest short-term gains following a volatile sell-off earlier in the week.
Despite the bounce, market conditions remain fragile. The average crypto relative strength index has recovered to around 44, suggesting selling pressure has eased compared to recent extremes, but momentum remains far from overbought territory.
Bitcoin stabilizes as fear dominates sentiment
Bitcoin is trading around $68,300, posting gains on the one-hour and daily timeframes, while still down more than 18% over the past seven days. Trading volume remains elevated, indicating active positioning as traders reassess risk following the sharp correction.
Historically, readings of extreme fear have coincided with periods of heightened volatility and, in some cases, medium-term market bottoms. However, such conditions can also persist, particularly when macro uncertainty and deleveraging pressures remain unresolved.
Ethereum and several large-cap altcoins are showing similar patterns - short-term relief rallies within a broader corrective structure. Notably, XRP has outperformed on the day, while Solana and BNB remain under pressure on higher timeframes.
Overall, the market appears to be in a pause-and-assess phase rather than a confirmed recovery. With sentiment deeply pessimistic and positioning still cautious, the next directional move is likely to depend on whether buyers can sustain momentum—or whether renewed volatility tests confidence once again.
#bitcoin
Stablecoins Attract Growing Inflows as Risk Appetite FadesStablecoin inflows have surged sharply, doubling in recent weeks even as the broader crypto market sells off, signaling that capital is not leaving the ecosystem but instead moving to the sidelines. Key takeaways: Weekly stablecoin inflows have jumped from roughly $51 billion in late December to about $102 billionCurrent inflows are well above the 90-day average of around $89 billionCapital appears to be rotating into stablecoins rather than leaving crypto entirelyRising stablecoin balances suggest growing sidelined liquidity On-chain data shows that investors are increasingly parking funds in stablecoins rather than exiting into fiat, a pattern often associated with periods of heightened uncertainty and defensive positioning. 🚨STABLECOIN INFLOWS JUST DOUBLEDEven as crypto sells off, money isn’t leaving crypto.Weekly stablecoin inflows jumped from about $51B in late December to roughly $102 BILLION now, well above the 90-day average of $89 BILLION.Sidelined capital is stacking up. 🔥 pic.twitter.com/w8EGIrnGqq— Coin Bureau (@coinbureau) February 6, 2026 The data, which tracks stablecoin inflows to exchanges on the Ethereum network, highlights a growing divergence between price action and capital movement. While Bitcoin and other cryptocurrencies have come under pressure, stablecoin inflows have accelerated, indicating that investors are choosing to wait in cash-like instruments within the crypto ecosystem instead of fully de-risking. Sidelined capital continues to build Historically, rising stablecoin inflows during market pullbacks have been interpreted as a sign of latent demand. Rather than signaling capitulation, this behavior often reflects caution, with market participants waiting for clearer signals before redeploying capital into risk assets. The fact that inflows have not only increased but surpassed recent averages suggests that sidelined liquidity is actively accumulating. This dynamic can act as a stabilizing factor over time, as large pools of stablecoins on exchanges provide potential buying power once sentiment improves. However, in the near term, it also underscores persistent uncertainty, with investors preferring optionality over immediate exposure. At the same time, stablecoin activity has become an increasingly important barometer of crypto market health. Elevated inflows during drawdowns point to a market that remains engaged, even if risk appetite is temporarily muted. Toward the end of the session, a separate development added a regional regulatory dimension to the stablecoin narrative. China announced a ban on the unapproved overseas issuance of yuan-linked stablecoins, reinforcing its restrictive stance on crypto-related financial instruments. While the move is geographically specific, it highlights how regulatory decisions can shape stablecoin growth and distribution across jurisdictions, even as global on-chain demand continues to rise. #Stablecoins

Stablecoins Attract Growing Inflows as Risk Appetite Fades

Stablecoin inflows have surged sharply, doubling in recent weeks even as the broader crypto market sells off, signaling that capital is not leaving the ecosystem but instead moving to the sidelines.

Key takeaways:
Weekly stablecoin inflows have jumped from roughly $51 billion in late December to about $102 billionCurrent inflows are well above the 90-day average of around $89 billionCapital appears to be rotating into stablecoins rather than leaving crypto entirelyRising stablecoin balances suggest growing sidelined liquidity
On-chain data shows that investors are increasingly parking funds in stablecoins rather than exiting into fiat, a pattern often associated with periods of heightened uncertainty and defensive positioning.
🚨STABLECOIN INFLOWS JUST DOUBLEDEven as crypto sells off, money isn’t leaving crypto.Weekly stablecoin inflows jumped from about $51B in late December to roughly $102 BILLION now, well above the 90-day average of $89 BILLION.Sidelined capital is stacking up. 🔥 pic.twitter.com/w8EGIrnGqq— Coin Bureau (@coinbureau) February 6, 2026

The data, which tracks stablecoin inflows to exchanges on the Ethereum network, highlights a growing divergence between price action and capital movement. While Bitcoin and other cryptocurrencies have come under pressure, stablecoin inflows have accelerated, indicating that investors are choosing to wait in cash-like instruments within the crypto ecosystem instead of fully de-risking.
Sidelined capital continues to build
Historically, rising stablecoin inflows during market pullbacks have been interpreted as a sign of latent demand. Rather than signaling capitulation, this behavior often reflects caution, with market participants waiting for clearer signals before redeploying capital into risk assets. The fact that inflows have not only increased but surpassed recent averages suggests that sidelined liquidity is actively accumulating.
This dynamic can act as a stabilizing factor over time, as large pools of stablecoins on exchanges provide potential buying power once sentiment improves. However, in the near term, it also underscores persistent uncertainty, with investors preferring optionality over immediate exposure.
At the same time, stablecoin activity has become an increasingly important barometer of crypto market health. Elevated inflows during drawdowns point to a market that remains engaged, even if risk appetite is temporarily muted.
Toward the end of the session, a separate development added a regional regulatory dimension to the stablecoin narrative. China announced a ban on the unapproved overseas issuance of yuan-linked stablecoins, reinforcing its restrictive stance on crypto-related financial instruments. While the move is geographically specific, it highlights how regulatory decisions can shape stablecoin growth and distribution across jurisdictions, even as global on-chain demand continues to rise.
#Stablecoins
I Memecoins Colpiti Duro Dopo il Improvviso Flush di Bitcoin a $60,000I Memecoins stanno negoziando con uno slancio ridotto mentre il mercato crypto più ampio rimane sensibile ai cambiamenti nella liquidità e nell'appetito per il rischio. Bitcoin è recentemente stato scambiato intorno ai $67,000, continuando a fungere da principale ancora per il sentiment in tutto il mercato. Punti Chiave I Memecoins hanno registrato cali significativi poiché la domanda speculativa sta diminuendo. La liquidità si è assottigliata, aumentando la volatilità e accorciando i rally. La consolidazione di Bitcoin continua a plasmare l'appetito per il rischio tra i token ad alta beta. I Memecoins Perdono Slancio Mentre la Speculazione Si Raffredda

I Memecoins Colpiti Duro Dopo il Improvviso Flush di Bitcoin a $60,000

I Memecoins stanno negoziando con uno slancio ridotto mentre il mercato crypto più ampio rimane sensibile ai cambiamenti nella liquidità e nell'appetito per il rischio. Bitcoin è recentemente stato scambiato intorno ai $67,000, continuando a fungere da principale ancora per il sentiment in tutto il mercato.

Punti Chiave
I Memecoins hanno registrato cali significativi poiché la domanda speculativa sta diminuendo.
La liquidità si è assottigliata, aumentando la volatilità e accorciando i rally.
La consolidazione di Bitcoin continua a plasmare l'appetito per il rischio tra i token ad alta beta.
I Memecoins Perdono Slancio Mentre la Speculazione Si Raffredda
Tether Announces $150M Investment in Gold.com After Major Anchorage DealGold.com announced a strategic equity investment from Tether, with the stablecoin giant committing $150 million to the precious metals platform. Key Takeaways Gold.com received a $150 million strategic investment from Tether, including a board nomination right.The deal links physical gold with digital finance, combining Gold.com’s bullion infrastructure with Tether’s stablecoin ecosystem.Tether continues to expand beyond stablecoins, following recent investments and strong profitability despite lower 2025 earnings. The deal involves the purchase of Gold.com common shares and establishes a long-term partnership focused on linking physical gold with digital finance. Tether will initially buy around $125 million worth of shares, followed by an additional $25 million after regulatory approvals. In total, the company will acquire 3.371 million shares at $44.50 each, an 11.9% discount to the recent 10-day volume-weighted average price on the NYSE. As part of the agreement, Tether gains the right to nominate one member to Gold.com’s board of directors. Building a bridge between physical gold and digital assets The investment is designed to combine Gold.com’s physical gold sourcing, custody, and logistics with Tether’s global stablecoin infrastructure. Together, the companies aim to create a vertically integrated gold ecosystem that connects traditional bullion markets with blockchain-based products. The partnership is expected to support wider distribution and credibility for Tether’s gold-backed XAU₮ stablecoin, expand Gold.com’s digital and retail offerings, and introduce new services such as gold leasing for consumers and institutions. Commercial agreements and stablecoin integration Alongside the equity deal, the two firms plan to pursue additional commercial agreements, subject to due diligence and regulatory approval. These include a gold leasing facility from Tether to Gold.com of at least $100 million and the option for Gold.com to accept Tether stablecoins such as USDT and USAT as payment. Gold.com also plans to promote Tether stablecoins across its platforms, while committing $20 million of the investment proceeds into Tether’s XAU₮ stablecoin, further aligning the two businesses. Executives highlight strategic value Gold.com CEO Greg Roberts said the investment validates the company’s strategy to become a vertically integrated leader in the precious metals industry, while expanding into digital gold and stablecoins. Tether described the deal as another step toward merging trusted real-world assets with blockchain-based financial infrastructure. Tether’s broader investment push The Gold.com deal follows another major move by Tether Investments, which recently announced a $100 million strategic equity investment in Anchorage Digital. That investment deepens an existing partnership focused on secure, regulated digital asset infrastructure. Strong profits despite a pullback in 2025 Tether ended 2025 with roughly $10 billion in profit, down from about $13 billion in 2024. While the year-over-year decline marked a pullback from record results, the figures underline Tether’s continued profitability at scale as it expands into real-world assets, gold-backed products, and regulated financial services. #Tether #GOLD

Tether Announces $150M Investment in Gold.com After Major Anchorage Deal

Gold.com announced a strategic equity investment from Tether, with the stablecoin giant committing $150 million to the precious metals platform.

Key Takeaways
Gold.com received a $150 million strategic investment from Tether, including a board nomination right.The deal links physical gold with digital finance, combining Gold.com’s bullion infrastructure with Tether’s stablecoin ecosystem.Tether continues to expand beyond stablecoins, following recent investments and strong profitability despite lower 2025 earnings.
The deal involves the purchase of Gold.com common shares and establishes a long-term partnership focused on linking physical gold with digital finance.
Tether will initially buy around $125 million worth of shares, followed by an additional $25 million after regulatory approvals. In total, the company will acquire 3.371 million shares at $44.50 each, an 11.9% discount to the recent 10-day volume-weighted average price on the NYSE. As part of the agreement, Tether gains the right to nominate one member to Gold.com’s board of directors.
Building a bridge between physical gold and digital assets
The investment is designed to combine Gold.com’s physical gold sourcing, custody, and logistics with Tether’s global stablecoin infrastructure. Together, the companies aim to create a vertically integrated gold ecosystem that connects traditional bullion markets with blockchain-based products.
The partnership is expected to support wider distribution and credibility for Tether’s gold-backed XAU₮ stablecoin, expand Gold.com’s digital and retail offerings, and introduce new services such as gold leasing for consumers and institutions.
Commercial agreements and stablecoin integration
Alongside the equity deal, the two firms plan to pursue additional commercial agreements, subject to due diligence and regulatory approval. These include a gold leasing facility from Tether to Gold.com of at least $100 million and the option for Gold.com to accept Tether stablecoins such as USDT and USAT as payment.
Gold.com also plans to promote Tether stablecoins across its platforms, while committing $20 million of the investment proceeds into Tether’s XAU₮ stablecoin, further aligning the two businesses.
Executives highlight strategic value
Gold.com CEO Greg Roberts said the investment validates the company’s strategy to become a vertically integrated leader in the precious metals industry, while expanding into digital gold and stablecoins. Tether described the deal as another step toward merging trusted real-world assets with blockchain-based financial infrastructure.
Tether’s broader investment push
The Gold.com deal follows another major move by Tether Investments, which recently announced a $100 million strategic equity investment in Anchorage Digital. That investment deepens an existing partnership focused on secure, regulated digital asset infrastructure.
Strong profits despite a pullback in 2025
Tether ended 2025 with roughly $10 billion in profit, down from about $13 billion in 2024. While the year-over-year decline marked a pullback from record results, the figures underline Tether’s continued profitability at scale as it expands into real-world assets, gold-backed products, and regulated financial services.
#Tether #GOLD
Cardano Under Pressure as Founder Acknowledges Over $3B Unrealized LossAs Cardano’s price continues to struggle alongside the wider crypto market, its creator Charles Hoskinson has addressed the downturn in unusually blunt terms, revealing that his personal exposure to ADA has been hit far harder than most retail investors realize. Key Takeaways Hoskinson says his ADA holdings are down over $3B on paper, with no intention to sell.Cardano trades near $0.263, down almost 19% over the past week amid heavy market pressure.RSI and MACD remain bearish, suggesting weakness persists despite early signs of stabilization. Rather than downplaying the damage, Hoskinson openly acknowledged that the market collapse has wiped out more than $3 billion from the paper value of his crypto holdings. He emphasized that the losses remain unrealized and said selling was never on the table, despite the scale of the drawdown. The comments were made during a livestream from Japan, where Hoskinson used his own situation as an example to challenge the idea that project founders are insulated from prolonged bear markets. According to him, the current phase is less about financial comfort and more about conviction, particularly as sentiment across the crypto space continues to deteriorate. Instead of offering optimism tied to short-term price recovery, Hoskinson struck a more pragmatic tone. He suggested that market conditions could still worsen and warned participants to mentally prepare for deeper red days ahead. His message, however, was not framed as defeatist. Rather, he portrayed the downturn as a stress test for builders and long-term believers, arguing that meaningful innovation often happens far from bull-market hype. Link (X): https://twitter.com/IOHK_Charles/status/2019558006258794567 Cardano under pressure as selling persists That broader market stress is clearly reflected in Cardano’s price action. ADA is currently trading around $0.2631, showing a small intraday rebound but remaining locked in a well-defined downtrend. On a daily basis, ADA is down 2.82%, while losses over the past week have reached 18.55%, underperforming several large-cap peers. Despite the decline, trading activity remains strong, with roughly $2.06 billion in volume recorded over the last 24 hours. This suggests active distribution and repositioning rather than investor apathy. Cardano’s market capitalization stands near $9.49 billion, keeping it within the top tier of crypto assets, though its valuation has compressed sharply compared to previous cycles. Technical picture shows weak but stabilizing momentum From a technical standpoint, the 4-hour chart continues to favor bears. ADA remains below key resistance zones, and recent rebounds have failed to break the pattern of lower highs. Momentum indicators reinforce this cautious outlook. The Relative Strength Index (RSI) is sitting near 38, well below neutral territory, indicating that bearish pressure still dominates. However, the RSI has edged higher from recent lows, hinting that aggressive selling may be losing some force. The MACD remains in negative territory, with both lines below zero. While the histogram has started to contract, signaling that downside momentum is slowing, there is no confirmed bullish crossover yet. This places ADA in a consolidation phase rather than a clear reversal setup. What comes next Hoskinson’s remarks reflect a broader reality facing the crypto industry: price pain is no longer theoretical, even for those who helped build the ecosystem. For Cardano, the market appears to be in a waiting phase, balancing weakening momentum against the absence of a strong bullish catalyst. Until technical indicators improve and broader risk sentiment stabilizes, ADA is likely to remain volatile, with short-term recoveries vulnerable to renewed selling. The message from Cardano’s founder, however, is clear – endurance, not price, is the real test of this market phase. #Cardano

Cardano Under Pressure as Founder Acknowledges Over $3B Unrealized Loss

As Cardano’s price continues to struggle alongside the wider crypto market, its creator Charles Hoskinson has addressed the downturn in unusually blunt terms, revealing that his personal exposure to ADA has been hit far harder than most retail investors realize.

Key Takeaways
Hoskinson says his ADA holdings are down over $3B on paper, with no intention to sell.Cardano trades near $0.263, down almost 19% over the past week amid heavy market pressure.RSI and MACD remain bearish, suggesting weakness persists despite early signs of stabilization.
Rather than downplaying the damage, Hoskinson openly acknowledged that the market collapse has wiped out more than $3 billion from the paper value of his crypto holdings. He emphasized that the losses remain unrealized and said selling was never on the table, despite the scale of the drawdown.
The comments were made during a livestream from Japan, where Hoskinson used his own situation as an example to challenge the idea that project founders are insulated from prolonged bear markets. According to him, the current phase is less about financial comfort and more about conviction, particularly as sentiment across the crypto space continues to deteriorate.
Instead of offering optimism tied to short-term price recovery, Hoskinson struck a more pragmatic tone. He suggested that market conditions could still worsen and warned participants to mentally prepare for deeper red days ahead. His message, however, was not framed as defeatist. Rather, he portrayed the downturn as a stress test for builders and long-term believers, arguing that meaningful innovation often happens far from bull-market hype.

Link (X): https://twitter.com/IOHK_Charles/status/2019558006258794567
Cardano under pressure as selling persists
That broader market stress is clearly reflected in Cardano’s price action. ADA is currently trading around $0.2631, showing a small intraday rebound but remaining locked in a well-defined downtrend.
On a daily basis, ADA is down 2.82%, while losses over the past week have reached 18.55%, underperforming several large-cap peers. Despite the decline, trading activity remains strong, with roughly $2.06 billion in volume recorded over the last 24 hours. This suggests active distribution and repositioning rather than investor apathy.
Cardano’s market capitalization stands near $9.49 billion, keeping it within the top tier of crypto assets, though its valuation has compressed sharply compared to previous cycles.
Technical picture shows weak but stabilizing momentum
From a technical standpoint, the 4-hour chart continues to favor bears. ADA remains below key resistance zones, and recent rebounds have failed to break the pattern of lower highs.
Momentum indicators reinforce this cautious outlook. The Relative Strength Index (RSI) is sitting near 38, well below neutral territory, indicating that bearish pressure still dominates. However, the RSI has edged higher from recent lows, hinting that aggressive selling may be losing some force.

The MACD remains in negative territory, with both lines below zero. While the histogram has started to contract, signaling that downside momentum is slowing, there is no confirmed bullish crossover yet. This places ADA in a consolidation phase rather than a clear reversal setup.
What comes next
Hoskinson’s remarks reflect a broader reality facing the crypto industry: price pain is no longer theoretical, even for those who helped build the ecosystem. For Cardano, the market appears to be in a waiting phase, balancing weakening momentum against the absence of a strong bullish catalyst.
Until technical indicators improve and broader risk sentiment stabilizes, ADA is likely to remain volatile, with short-term recoveries vulnerable to renewed selling. The message from Cardano’s founder, however, is clear – endurance, not price, is the real test of this market phase.
#Cardano
Bitwise presenta domanda per un ETF Uniswap spot mentre UNI affronta pressioni di mercatoBitwise ha presentato una dichiarazione di registrazione S-1 alla U.S. Securities and Exchange Commission per un ETF Uniswap spot, segnando il primo tentativo formale di portare il token nativo di Uniswap in una struttura di fondo negoziato in borsa. Punti chiave: Bitwise ha presentato una domanda S-1 per un ETF Uniswap (UNI) spot Il fondo proposto seguirà UNI direttamente, senza derivati Lo staking non sarà abilitato al lancio, anche se questo potrebbe cambiare in seguito Coinbase Custody è elencata come custode se l'ETF viene approvato

Bitwise presenta domanda per un ETF Uniswap spot mentre UNI affronta pressioni di mercato

Bitwise ha presentato una dichiarazione di registrazione S-1 alla U.S. Securities and Exchange Commission per un ETF Uniswap spot, segnando il primo tentativo formale di portare il token nativo di Uniswap in una struttura di fondo negoziato in borsa.

Punti chiave:
Bitwise ha presentato una domanda S-1 per un ETF Uniswap (UNI) spot
Il fondo proposto seguirà UNI direttamente, senza derivati
Lo staking non sarà abilitato al lancio, anche se questo potrebbe cambiare in seguito
Coinbase Custody è elencata come custode se l'ETF viene approvato
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