Congress Asks If Treasury Will “Bail Out Bitcoin”—Bizarre Exchange Highlights Crypto’s Federal Immunity
NewsBeInCrypto2026-02-05 09:20
US Treasury Secretary Scott Bessent faced an unusual line of questioning on Capitol Hill on Wednesday. Rep. Brad Sherman (D-CA) pressed him on whether...
US Treasury Secretary Scott Bessent faced an unusual line of questioning on Capitol Hill on Wednesday. Rep. Brad Sherman (D-CA) pressed him on whether the federal government could step in to “bail out Bitcoin” during a downturn. It comes as Bitcoin and the broader digital asset market bleed, with the pioneer crypto down by over
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Ethereum Whales And HODLers Follow Vitalik’s Cue As $1,800 Risk Grows
NewsBeInCrypto2026-02-05 09:20
Ethereum price remains under pressure in early February as selling momentum builds across both on-chain and technical indicators. The token has slippe...
Ethereum price remains under pressure in early February as selling momentum builds across both on-chain and technical indicators. The token has slipped below key support levels following a confirmed chart breakdown, while fresh data shows large holders and long-term investors beginning to reduce exposure. With Vitalik Buterin selling ETH and accumulation slowing, the $1,800 zone
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Coinbase Premium Hits Yearly Lows Signaling Institutional Exit, While AI Project SUBBD Surges Past $1.4M
AnalysisNewsBTC2026-02-05 09:00
What to Know: The Coinbase Premium Index has hit yearly lows, indicating that US institutions and ETFs are selling Bitcoin while global retail keeps b...
What to Know: The Coinbase Premium Index has hit yearly lows, indicating that US institutions and ETFs are selling Bitcoin while global retail keeps buying. Institutional selling often triggers a capital rotation into high-growth sectors like Artificial Intelligence rather than a complete market exit. SUBBD Token utilizes Web3 and AI voice cloning to disrupt the creator economy, offering a decentralized alternative to high-fee platforms. Despite macro headwinds, the project has raised over $1.47 million, driven by a 20% staking APY and strong utility narratives. The ‘Coinbase Premium’ has long been the crypto market’s favorite fever thermometer. It measures the spread between Bitcoin prices on Coinbase Pro, the playground for US institutions, and Binance, which is do...
Bitcoin’s Crash to $70K Wipes Out $775M in Leverage, Yet BMIC Defies Gravity
AnalysisNewsBTC2026-02-05 08:40
What to Know: Bitcoin’s correction to $70,000 triggered a $775M liquidation cascade, flushing out over-leveraged long positions and resetting market o...
What to Know: Bitcoin’s correction to $70,000 triggered a $775M liquidation cascade, flushing out over-leveraged long positions and resetting market open interest Market sentiment has shifted from aggressive speculation to defensive infrastructure, favoring projects with tangible utility over high-beta trading assets. BMIC is defying the downturn by addressing the “harvest now, decrypt later” quantum threat, securing $432,976.78 in early funding. The divergence between Bitcoin’s price action and presale inflows suggests smart money is hedging volatility with early-stage tech plays. The crypto market delivered a harsh reality check this morning. In a violent flush that caught leverage traders off guard, Bitcoin plummeted back to the $70,000 support level. That move tr...
Strategy Bettors Lose 60% as Bitcoin Crashes, But $HYPER Keeps Pumping
AnalysisNewsBTC2026-02-05 08:40
What to Know: Corporate Bitcoin proxies and Strategy bets have suffered 60% drawdowns due to premium contraction during the recent market correction. ...
What to Know: Corporate Bitcoin proxies and Strategy bets have suffered 60% drawdowns due to premium contraction during the recent market correction. Capital is rotating from passive holding vehicles into active infrastructure protocols that solve fundamental blockchain limitations. Bitcoin Hyper ($HYPER) uses the Solana Virtual Machine (SVM) to bring high-speed smart contracts and sub-second finality to the Bitcoin network. Whale activity remains robust despite the market crash, with over $31 million raised and significant large-wallet accumulation recorded in January. The recent market correction has been particularly brutal for proxy bettors. While the underlying asset pulled back, leverage and premium contraction caused ‘Strategy’ investors, specifically those ex...
CFTC Formally Withdraws Biden-Era Proposal to Ban Sports and Political Prediction Markets
NewsCrypto News2026-02-05 08:40
The CFTC has scrapped a Biden-era proposal that would have banned sports and political prediction markets, with Chairman Selig pledging a fresh rulema...
The CFTC has scrapped a Biden-era proposal that would have banned sports and political prediction markets, with Chairman Selig pledging a fresh rulemaking effort as platforms like Kalshi, Polymarket and Coinbase battle state regulators over jurisdiction.
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