Analysts at Bernstein expect the current slump in crypto markets to give way to a recovery in the first half of 2026, The Block reported. They estimate the present bear phase will end when bitcoin revisits the previous cycle’s highs near $60,000. On February 2 the price of the leading cryptocurrency slipped below $75,000. At […]
Corporate holders of Ethereum have incurred hefty paper losses after the market correction. The largest holder, BitMine, has lost $6.95bn in unrealised value. The firm bought coins at an average of $3,883, while the price has slipped to $2,240. Source: BitMineTracker. Investor Ross Gerber commented on BitMine founder Tom Lee’s unrealised loss on Ethereum positions, […]
India has proposed zero taxes for foreign cloud service providers until 2047 on services sold outside the country. The mandatory condition is to perform workloads from Indian data centers. On February 1st, Finance Minister Nirmala Sitharaman proposed tax holidays—effectively zero taxes—on income from cloud services that firms earn abroad. Sales to Indian clients will be […]
Elon Musk’s SpaceX has submitted a request to the U.S. Federal Communications Commission for permission to launch a constellation of 1 million satellites for data processing centres. The company likely anticipates that regulators will not approve such an extensive network and is using the inflated figure as a starting point for negotiations. The project envisions […]
An investment fund linked to UAE Sheikh Tahnoon bin Zayed Al Nahyan has secretly acquired 49% of the crypto project World Liberty Financial (WLFI), according to The Wall Street Journal. The deal was signed by Eric Trump in January 2025, just four days before his father’s inauguration. The agreement was not publicly announced. The buyer […]
A CryptoQuant analyst using the handle Crazzyblockk says the market may be sliding into an ‘extremely bearish’ phase, judging by the behaviour of investors who have held the leading cryptocurrency for 12–18 months. Is Bitcoin Shifting Into an Extreme Bearish Market Regime? “Until Bitcoin reclaims this realized price level with renewed accumulation momentum, market structure […]
The crypto market suffered a deep correction, the Ethereum community moved to relaunch TheDAO, Trump floated a replacement for the chair of the Fed, and other events of the week. A deep slide The week began quietly, with bitcoin even heartening investors by rising towards $90,000. The second half brought several sharp sell-offs. On Thursday, […]
The hashrate of the leading cryptocurrency network has fallen to 970 EH/s, marking its lowest level since September 2025. Winter storms in the United States forced local miners to disconnect from the network, explained Glassnode. Source: X/Glassnode. The value has decreased by approximately 12% over the past four months. This correction is the most significant […]
On the evening of January 31, the leading cryptocurrency plunged below $80,000, shedding about 7% in 24 hours. 15-minute BTC/USDT chart on Binance. Source: TradingVIew. The local low was set just above $75,000—levels not seen since April 2025. At the time of writing the asset had recovered and was trading near $78,000. The drop coincided […]
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added digital asset platforms Zedcex and Zedxion to its sanctions list. Today, Treasury’s Office of Foreign Assets Control took additional action against Iranian officials responsible for the regime’s brutal crackdown on its own people. Today’s targets include Iran’s Minister of the Interior, […]