<?xml version="1.0" encoding="utf-8"?> <rss version="2.0"> <channel> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <link>https://www.bitcointoday.app</link> <description>Get daily updates on Bitcoin's price, market trends, analysis, and breaking news curated and powered by AI - all digestible in minutes. Make BitcoinToday.app your one-stop shop for staying informed in the fast-paced world of Bitcoin.</description> <lastBuildDate>Wed, 04 Feb 2026 07:24:00 GMT</lastBuildDate> <docs>https://validator.w3.org/feed/docs/rss2.html</docs> <generator>https://github.com/jpmonette/feed</generator> <language>en</language> <image> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <url>https://www.bitcointoday.app/images/logo-512.png</url> <link>https://www.bitcointoday.app</link> </image> <copyright>All rights reserved 2024, BitcoinToday.app</copyright> <category>Bitcoin News</category> <item> <title><![CDATA[Bitcoin Plunges Below $73,000: Is This the Start of a Major Correction?]]></title> <link>https://www.bitcointoday.app/article/bitcoin-plunges-below-73-000-is-this-the-start-of-a-major-correction</link> <guid>bitcoin-plunges-below-73-000-is-this-the-start-of-a-major-correction</guid> <pubDate>Tue, 03 Feb 2026 21:01:26 GMT</pubDate> <description><![CDATA[## Bitcoin's Sharp Decline Bitcoin has taken a significant hit, **falling below the $73,000 mark** on Tuesday, reaching its lowest price in nearly 16 months. The world's oldest cryptocurrency sank as low as **$72,884.38**, dropping more than **6%** in a single day. This marks its lowest level since **November 6, 2024**, when Bitcoin traded at $68,898. ![Bitcoin price chart](https://image.cnbcfm.com/api/v1/image/108235234-1764690993224-gettyimages-2247341381-AFP_84UC93G.jpeg?v=1770145577&w=1858&h=1045&vtcrop=y) *Justin Tallis | Afp | Getty Images* ## Market Context and Performance Bitcoin has now fallen **16% year-to-date** as investors continue to rotate out of risk-on assets. This selling pressure comes amid **mounting geopolitical concerns** and uncertainty surrounding U.S. economic data, which has been delayed due to a partial government shutdown. ## Related Market Movements The broader cryptocurrency market has felt the impact of Bitcoin's decline. **MicroStrategy**, a prominent Bitcoin treasury firm, saw its stock price drop **9%** following the digital asset's pullback. This correlation highlights how traditional market players with significant Bitcoin exposure are affected by cryptocurrency volatility. ## Technical Analysis Perspective From a technical standpoint, breaking below the $73,000 level represents a **significant psychological barrier** for Bitcoin. The cryptocurrency now faces the challenge of finding support at lower levels, with traders watching closely to see if this decline represents a temporary correction or the beginning of a more sustained downtrend. ## Investor Sentiment Shift The current market environment reflects a **shift in investor sentiment** away from risk assets. With geopolitical tensions rising and economic uncertainty persisting, many investors are opting for safer havens, putting pressure on cryptocurrencies and other high-risk investments.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>cryptocurrency</category> <category>market</category> <category>price</category> <category>volatility</category> <enclosure url="https://image.cnbcfm.com/api/v1/image/108235234-1764690993224-gettyimages-2247341381-AFP_84UC93G.jpeg?v=1770145577&w=1920&h=1080" length="0" type="image/jpeg"/> </item> <item> <title><![CDATA[Ethereum's Brutal Stumble Mirrors Last Bull Run Start: Is a 300% Surge Against Bitcoin Imminent?]]></title> <link>https://www.bitcointoday.app/article/ethereums-brutal-stumble-mirrors-last-bull-run-start-is-a-300-surge-against-bitcoin-imminent</link> <guid>ethereums-brutal-stumble-mirrors-last-bull-run-start-is-a-300-surge-against-bitcoin-imminent</guid> <pubDate>Tue, 03 Feb 2026 08:01:09 GMT</pubDate> <description><![CDATA[## Good Morning, Asia: Crypto Markets Enter the Year of the Horse Crypto markets are entering the **"Year of the Horse"** looking less like a victory parade and more like a racehorse at the starting gate—muscles tense after a long stumble. The **ETH versus BTC chart** is drawing particular attention because it's beginning to resemble the same stride pattern seen before the last major crypto bull run. > The last time Gold topped, the following happened: > - $ETH bottomed 9 months prior. > - $ETH crashed by 30-40%. > This time: > - $ETH bottomed 9 months prior > - $ETH is down 31% already. > What happened after that? > A rise of 300%+ against #Bitcoin for Ethereum and the bull market… — Michaël van de Poppe (@CryptoMichNL) February 1, 2026 ### The Year of the Horse Metaphor The **Year of the Horse** metaphor is less about destiny and more about tempo. Horse years in market folklore are associated with speed, abrupt directional changes, and momentum that builds quickly once it starts. Applied to crypto, this translates into an expectation of **sharper swings, faster capital rotation**, and the possibility that leadership shifts away from pure bitcoin dominance toward higher beta assets if liquidity conditions stabilize. ### Why the ETH vs. BTC Chart Is Getting Noticed The reason the **ETH versus BTC chart** is getting noticed is because of a sequence that occurred once before and now appears to be repeating. In the last major cycle, **ETH bottomed against bitcoin roughly 9 months before gold reached its peak**, then suffered another brutal 30%-40% relative decline that convinced many the trade was broken. Instead, that final stumble marked the bottom. As gold cooled and defensive positioning unwound, capital rotated back into higher beta crypto, sending **Ethereum more than 300% higher against bitcoin** and helping ignite the broader bull market. Today, the structure looks familiar rather than identical. The **ETH-to-BTC chart hit a relative low about 9 months before gold’s recent high** and is already down around 31%, putting it in the same historical drawdown range that preceded a violent reversal up. ### Market Sentiment and Analysis **QCP** said traders are still buying protection against further downside, but not with the same urgency seen during last year’s sharp selloff, suggesting caution rather than outright panic. At the same time, **J.P. Morgan Private Bank’s Yuxuan Tang** wrote in an email note that gold’s longer-term fundamentals remain intact despite recent pullbacks, arguing that central bank and institutional demand continue to provide a structural floor. That push-and-pull between resilient safe-haven demand and washed-out crypto positioning is what gives the **ETH-BTC ratio its intrigue**. In Horse-year terms, the market is not yet sprinting, but it may no longer be limping. However, the ratio is more a gauge of temperament than a prediction, suggesting that if liquidity steadies and bitcoin's dominance loosens, capital rotation could accelerate quickly. **Horses do not usually walk when they finally move. They gallop.** And that gallop, at least according to prediction markets, looks more like a run-up from current levels, not to a new record high. [Kalshi bettors](https://kalshi.com/markets/kxbtcmaxy/how-high-will-bitcoin-get-this-year/kxbtcmaxy-26dec31) say bitcoin will get to 105K in 2026, while on Polymarket, [punters assign](https://polymarket.com/event/bitcoin-all-time-high-by) only a 29% chance it breaks the magic number of $126,000. ### Market Movement **BTC:** Bitcoin is trading near **$78,800** as a brief liquidation-driven rebound runs into thin support above $70,000, leaving markets focused on the $60,000 to $65,000 long-term holder and 200-week average zone as the next major floor unless U.S. equities roll over. **ETH:** Ethereum is trading near **$2,345** after a short rebound from weekend selling, but with steeper weekly losses than bitcoin and weaker structural support, markets remain cautious that price could continue drifting lower unless broader risk appetite improves. **Gold:** Gold is trading near **$4,830** as prices attempt to stabilize after a margin-driven selloff, but elevated volatility and a firmer dollar are keeping the rebound fragile rather than signaling a clean return to the prior uptrend. **Nikkei 225:** The Nikkei 225 rose about **2.4%** to lead gains across Asia as optimism over a new U.S.–India trade deal lifted regional risk sentiment, with South Korea’s Kospi surging over 5% and broader markets tracking a rebound in U.S. equities despite ongoing volatility in gold, silver and crypto. ### Elsewhere in Crypto - CZ pushes back against Binance 'FUD' as blame game for crypto crash persists ([CoinDesk](https://www.coindesk.com/business/2026/02/02/cz-pushes-back-against-binance-fud-as-blame-game-for-crypto-crash-persists)) - Jeffrey Epstein Was an Early Investor in Coinbase, Emails Reveal ([Decrypt](https://decrypt.co/356620/jeffrey-epstein-early-investor-coinbase-emails-reveal))]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>ethereum</category> <category>bitcoin</category> <category>bullrun</category> <category>marketanalysis</category> <category>crypto</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/a8c02ede854570d966a13a45c2b60673bcc15ad6-1920x1080.jpg?auto=format" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[U.S. Inflation Crashes Below 1% in Real Time: A Bullish Signal for Bitcoin?]]></title> <link>https://www.bitcointoday.app/article/us-inflation-crashes-below-1-in-real-time-a-bullish-signal-for-bitcoin</link> <guid>us-inflation-crashes-below-1-in-real-time-a-bullish-signal-for-bitcoin</guid> <pubDate>Tue, 03 Feb 2026 15:01:08 GMT</pubDate> <description><![CDATA[![A vacuum cleaner sucks up dollar bills](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F227184c4680bb091ec78d48c2ad307be0a2232df-1920x1080.jpg%3Fauto%3Dformat&w=3840&q=75) *(Unsplash modified by CoinDesk)* A real-time tracker of U.S. inflation is offering good news to crypto bulls as bearish forecasts continue to roll in. The **Truflation index**, an independent, real-time blockchain-based tracker of daily changes in the consumer price index (CPI), has dropped below 1% for the first time since at least early 2021. The index has fallen from 2.67% since mid-December, taking it well below the Federal Reserve's 2% inflation target. So while the official government reading stays 700 basis points above the Fed's target, the real-time level is showing fast disinflation, a scenario that supports the case for quick-fire interest-rate cuts by the bank. That's good news for liquidity-sensitive assets such as **bitcoin (BTC)**, especially since the cryptocurrency is now trading 38% below the record $126,000 price from early October. The Truflation reading also contrasts forecasts of inflation resurgence by some analysts. "As measured by Truflation, consumer price inflation has dropped to 0.86% on a year-over-year basis, breaking significantly below the 2-3% range in place for the past two years. In our view, inflation could turn negative, contrary to BlackRock and PIMCO forecasts," Cathie Wood, CEO of Ark Invest, said on X. The good news doesn't stop there. Robin Brooks, a senior fellow at the Brookings Institution, who correctly warned of a worsening fiscal situation for Japan last year, predicted President Donald's Trump's pick for Fed chairman, Kevin Warsh, could cut rates by 100 basis points this year. Let's see if these things offer relief to the crypto market. As of publication time, BTC is trading little changed around $78,000, with smaller tokens showing some recovery, as evidenced by the 2% gain in the CoinDesk 80 Index over 24 hours. Hyperliquid's HYPE and POL stand out as the only top-100 tokens with gains in excess of 10%. Analysts remain optimistic about long-term prospects. "In the near term, positioning in crypto does remain fragile. But structurally, ongoing institutional adoption, expanding use of stablecoins for cross-border settlement, and the rise of tokenized real-world assets should improve crypto market depth and interoperability," Emir Ibrahim, an analyst at digital asset trading firm Zerocap, told CoinDesk in an email. "Over time, these dynamics are expected to reinforce Bitcoin's debasement hedge characteristics, even if the market is not yet fully pricing that narrative today," Ibrahim added. In traditional markets, both the dollar index and Treasury yields are buoyant in the wake of Monday's strong manufacturing data. Stay alert! ## What to Watch For a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead". - **Crypto** - Feb. 3: Ondo Finance (ONDO) to share an update of its roadmap at the Ondo Summit. - Feb. 3: CHZ to share its Chiliz Vision 2030 roadmap. - **Macro** - Feb. 3 U.S. JOLTs data delayed over partial U.S. government shutdown. - **Earnings** (Estimates based on FactSet data) - Feb. 3: Galaxy Digital (GLXY), pre-market, -$0.95 - Feb. 3: PayPal Holdings (PYPL), pre-market, $1.29 ## Token Events For a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead". - **Governance votes & calls** - Feb. 3: Lido to host a community call on the Lido V3 mainnet launch. - Feb. 3: Axie Infinity to host a Lunacian Lounge. - **Unlocks** - No major unlocks. - **Token Launches** - Feb. 3: Conflux (CFX) to be listed on Kraken. - Feb. 3: Usualx’s unlock window closes. ## Conferences For a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead". - Day 3 of 4: Web Summit Qatar (Doha, Qatar) - Feb. 3: Ondo Summit (New York) ## Market Movements - BTC is down 0.1% from 4 p.m. ET Monday at $78,400.52 (24hrs: +0.9%) - ETH is down 2.03% at $2,292.99 (24hrs: +0.14%) - CoinDesk 20 is down 0.94% at at 2,278.33 (24hrs: +0.55%) - Ether CESR Composite Staking Rate is up 3 bps at 3% - BTC funding rate is at 0% (0.0372% annualized) on Binance ![CD20, Feb. 3 2026 (CoinDesk)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F0f5c0aac62610c8823f9fb1037cd6e23124031c5-1400x400.png%3Fauto%3Dformat&w=3840&q=75) - DXY is unchanged at 97.58 - Gold futures are up 6.13% at $4,938.00 - Silver futures are up 11.81% at $86.10 - Nikkei 225 closed up 3.92% at 54,720.66 - Hang Seng closed up 0.22% at 26,834.77 - FTSE is down 0.05% at 10,336.54 - Euro Stoxx 50 is up 0.56% at 6,041.35 - DJIA closed on Monday up 1.05% at 49,407.66 - S&P 500 closed up 0.54% at 6,976.44 - Nasdaq Composite closed up 0.56% at 23,592.11 - S&P/TSX Composite closed up 0.82% at 32,183.88 - S&P 40 Latin America closed up 0.91% at 3,656.11 - U.S. 10-Year Treasury rate is up 1.2 bps at 4.289% - E-mini S&P 500 futures are up 0.2% at 7,016.25 - E-mini Nasdaq-100 futures are up 0.51% at 25,981.00 - E-mini Dow Jones Industrial Average Index futures are unchanged at 49,522.00 ## Bitcoin Stats - BTC Dominance: 60.08% (0.18%) - Ether-bitcoin ratio: 0.02919 (-2.09%) - Hashrate (seven-day moving average): 870 EH/s - Hashprice (spot): $35.10 - Total fees: 3.42 BTC / $266,100 - CME Futures Open Interest: 113,495 BTC - BTC priced in gold: 15.8 oz. - BTC vs gold market cap: 5.22% ## Technical Analysis ![SOL's weekly price swings in candlestick format. (TradingView)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fbbfcab263a06f1e8fd40356c3b514a6088bdba91-2854x1404.png%3Fauto%3Dformat&w=3840&q=75) *(SOL's price chart. (TradingView))* - The chart shows **solana (SOL)** price swings in candlestick format since 2022. - Prices dropped to support at $95.16 identified by the horizontal line connecting the low hit in April last year. - If this support breaks, Solana faces little backing until the mid-$30s. Bulls, therefore, need to hold $95.16 to avoid a deeper crash. ## Crypto Equities - Coinbase Global (COIN): closed on Monday at $187.86 (-3.53%), +0.90% at $189.55 in pre-market - Circle Internet (CRCL): closed at $58.86 (-7.93%), +1.95% at $60.01 - Galaxy Digital (GLXY): closed at $26.44 (-6.44%), +1.06% at $26.70 - Bullish (BLSH): closed at $28.77 (-4.74%), +2.57% at $29.51 - MARA Holdings (MARA): closed at $9.12 (-4.00%), +0.77% at $9.19 - Riot Platforms (RIOT): closed at $15.32 (-0.97%), +1.31% at $15.52 - Core Scientific (CORZ): closed at $17.87 (-0.67%) - CleanSpark (CLSK): closed at $11.04 (-6.76%), +1.36% at $11.19 - CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $44.44 (-1.38%) - Exodus Movement (EXOD): closed at $11.18 (-14.59%), -0.63% at $11.11 **Crypto Treasury Companies** - Strategy (MSTR): closed at $139.63 (-6.73%), +1.12% at $141.19 - Strive (ASST): closed at $0.72 (-11.94%), +2.32% at $0.74 - SharpLink Gaming (SBET): closed at $7.79 (-12.27%), +0.77% at $7.85 - Upexi (UPXI): closed at $1.62 (-8.99%), +2.47% at $1.66 - Lite Strategy (LITS): closed at $1.14 (-5.79%) ## ETF Flows **Spot BTC ETFs** - Daily net flows: $561.8 million - Cumulative net flows: $55.55 billion - Total BTC holdings ~1.28 million **Spot ETH ETFs** - Daily net flows: -$2.9 million - Cumulative net flows: $12 billion - Total ETH holdings ~5.9 million Source: Farside Investors ## While You Were Sleeping - **Bitcoin ETFs see cash rush as traders hunt bargains** (CoinDesk): Investors poured cash into the U.S.-listed bitcoin ETFs on Monday with total net inflow of $561.8 million, the largest single day of buying since Jan. 14. - **SpaceX, xAI Tie Up, Forming $1.25 Trillion Company** (The Wall Street Journal): Elon Musk said SpaceX acquired xAI, a deal that combines his rocket-and-satellite business with his artificial-intelligence startup that is facing steep competition. - **Gold rallies with silver as historic rout lures back dip buyers** (Bloomberg): Gold and silver rebounded after a historic collapse from all-time highs. Spot gold was up by 6.2% to near $4,950 an ounce. Silver rose more than 10% to top $87. - **India to ramp up purchases of US oil, arms, aircraft; open some farm access** (Reuters): India agreed to buy oil, defense goods and aircraft from the U.S., as President Donald Trump announced a trade deal with India slashing tariffs to 18% from 50% in exchange for halting Russian oil purchases.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>inflation</category> <category>bitcoin</category> <category>market</category> <category>etf</category> <category>analysis</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/227184c4680bb091ec78d48c2ad307be0a2232df-1920x1080.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Justin Sun's $100 Million Bitcoin Bet Amid Market Panic: A Strategic Move or a Signal?]]></title> <link>https://www.bitcointoday.app/article/justin-suns-100-million-bitcoin-bet-amid-market-panic-a-strategic-move-or-a-signal</link> <guid>justin-suns-100-million-bitcoin-bet-amid-market-panic-a-strategic-move-or-a-signal</guid> <pubDate>Mon, 02 Feb 2026 15:01:24 GMT</pubDate> <description><![CDATA[## Justin Sun Plans Major Bitcoin Purchase **Justin Sun**, the founder of Tron, has announced plans to add between **$50 million and $100 million worth of bitcoin (BTC)** to his holdings, as reported by CoinDesk. This move comes during a significant market downturn, with Bitcoin falling to as low as **$74,674** on Monday, marking its lowest point since last April and a **21% drop** since January 15. ### Market Context and Strategic Timing Sun's potential purchase is being viewed as an **astute investment** compared to many digital asset treasury (DAT) companies that raised funds to buy crypto at record highs last year. According to [bitcointreasuries.net](https://bitcointreasuries.net/), many of these companies are now facing losses of over **30%** on their holdings. This highlights Sun's strategy of buying during a selloff, potentially capitalizing on lower prices. ### Broader Institutional Moves In a related development, **Binance** announced last week that it would purchase **$1 billion worth of bitcoin** to allocate to its user protection fund. This indicates a growing trend of major players in the crypto space increasing their Bitcoin exposure amid market volatility. ### Tron's Performance Meanwhile, **TRX (Tron)** is currently trading at **$0.284**, having outperformed Bitcoin in recent months. It remains above its December low of $0.27 and is in a macro uptrend since late 2022, suggesting resilience in the Tron ecosystem despite broader market challenges. ### Implications for the Market Sun's planned purchase could signal **confidence in Bitcoin's long-term value**, even as short-term prices fluctuate. It may also encourage other investors to consider accumulating Bitcoin during dips, potentially stabilizing the market. The combination of Sun's move and Binance's billion-dollar buy adds to the narrative of **institutional accumulation** during periods of retail panic.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>justinsun</category> <category>market</category> <category>investment</category> <category>tron</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/c49a4c157f2e911efa0828c0dab2cf22cde26f61-1920x1079.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin's Hidden Battle: Retail Panic vs. Whale Accumulation in the Selloff]]></title> <link>https://www.bitcointoday.app/article/bitcoins-hidden-battle-retail-panic-vs-whale-accumulation-in-the-selloff</link> <guid>bitcoins-hidden-battle-retail-panic-vs-whale-accumulation-in-the-selloff</guid> <pubDate>Sat, 31 Jan 2026 21:01:07 GMT</pubDate> <description><![CDATA[## Retail Traders Flee as Bitcoin Plummets, While 'Mega-Whales' Quietly Buy the Dip **Very large investors, known as whales**, holding 10,000 bitcoin or more, are currently the **only group buying** the largest cryptocurrency as prices plummet. All other holder groups are hitting the sell button, according to on-chain data. This divergence is highlighted by **Glassnode’s Accumulation Trend Score** by wallet cohort, which measures the relative behavior of different entity sizes based on both balance and the amount of bitcoin acquired over the past 15 days. Scores closer to 1 indicate buying, while values near 0 signal selling. ![Bitcoin accumulation trend (Glassnode)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fc549e019ace9eb96a4c14b22059339d56c2d87da-2300x998.png%3Fauto%3Dformat&w=3840&q=75) According to Glassnode data, the largest whales are in a **"light accumulation" phase** and have maintained a neutral-to-slightly-positive balance trend since bitcoin fell to $80,000 in late November. During this period, price has largely consolidated, trading within a **$80,000 to $97,000 range** through the end of January. Bitcoin is now trading near **$78,000**, according to CoinDesk data. In contrast, all smaller cohorts are net sellers, particularly **retail holders with less than 10 BTC**. This group has been in persistent selling for over a month, reflecting continued downside and risk aversion among smaller participants. At the same time, the number of unique entities holding at least 1,000 BTC has increased from 1,207 in October to 1,303. ![Number of Entities with balance 1k BTC (Glassnode)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F28b09ab66b69000154a066b9deed059d664d7726-3200x1800.png%3Fauto%3Dformat&w=3840&q=75) Since bitcoin’s October all-time high, growth in this cohort suggests that **larger holders have been buying into the correction**. Whales holding at least 1,000 BTC are now back at December 2024 highs, reinforcing the view that **large players are absorbing supply** while smaller holders continue to exit.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>whales</category> <category>marketanalysis</category> <category>glassnode</category> <category>selloff</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/c549e019ace9eb96a4c14b22059339d56c2d87da-2300x998.png?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/png"/> </item> <item> <title><![CDATA[Fed Nominee Kevin Warsh's Bitcoin Evolution: From 'Coolest Software' to Crypto Insights]]></title> <link>https://www.bitcointoday.app/article/fed-nominee-kevin-warshs-bitcoin-evolution-from-coolest-software-to-crypto-insights</link> <guid>fed-nominee-kevin-warshs-bitcoin-evolution-from-coolest-software-to-crypto-insights</guid> <pubDate>Sat, 31 Jan 2026 08:01:07 GMT</pubDate> <description><![CDATA[Kevin Warsh, a former Federal Reserve nominee, once described Bitcoin (BTC) as the 'newest, coolest software,' highlighting his early fascination with digital assets. Over the years, his views have evolved, reflecting broader shifts in how influential figures perceive cryptocurrency. **Kevin Warsh's Bitcoin Journey** Warsh's initial comments positioned Bitcoin as a technological innovation, emphasizing its software aspects rather than purely financial implications. This perspective aligns with many early adopters who saw Bitcoin's potential beyond traditional currency. **Evolution of Views on Digital Assets** As the crypto market matured, Warsh's understanding deepened, moving from casual interest to more nuanced insights. This evolution mirrors the growing acceptance of cryptocurrencies in mainstream finance, with figures like Warsh adapting their stances based on market developments and regulatory changes. **Impact on Federal Reserve and Policy** Warsh's background as a Fed nominee adds weight to his opinions, suggesting that even within conservative financial institutions, there's recognition of Bitcoin's significance. His evolving views could influence future policy discussions around digital currencies and blockchain technology. **Broader Implications for Crypto Adoption** This story underscores how **key opinion leaders** shape public perception and regulatory approaches. As more influential voices engage with crypto, it paves the way for **increased legitimacy and integration** into global economies.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>kevinwarsh</category> <category>federalreserve</category> <category>cryptoadoption</category> <category>regulation</category> <enclosure url="https://blog.tipranks.com/wp-content/uploads/2026/01/aaa-124-750x406.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Senators Expose DOJ Official's Crypto Conflict: $159K in Assets While Halting Investigations]]></title> <link>https://www.bitcointoday.app/article/senators-expose-doj-officials-crypto-conflict-159k-in-assets-while-halting-investigations</link> <guid>senators-expose-doj-officials-crypto-conflict-159k-in-assets-while-halting-investigations</guid> <pubDate>Sat, 31 Jan 2026 15:01:07 GMT</pubDate> <description><![CDATA[## Senators Accuse Deputy Attorney General of Crypto Conflict Six U.S. senators have accused **Deputy Attorney General Todd Blanche** of a **glaring conflict of interest** after an investigation revealed he owned at least **$159,000 in crypto-related assets** when he shut down probes into cryptocurrency companies and disbanded a key enforcement team. ### The Allegations and Evidence In a letter sent this week, Democratic Sens. Elizabeth Warren, Dick Durbin, Mazie Hirono, Sheldon Whitehouse, Christopher Coons, and Richard Blumenthal cited a ProPublica investigation. They stated that Blanche's actions appeared to violate **federal conflict of interest laws**, as he made decisions that could financially benefit his own investments. Blanche had signed an **ethics agreement** in February, promising to divest his cryptocurrency within 90 days of confirmation and avoid matters affecting his financial interests until sold. However, on April 7, before divesting, he issued a memo titled **"Ending Regulation by Prosecution"** that halted investigations launched under President Joe Biden and disbanded the **National Cryptocurrency Enforcement Team**. ### Impact and Consequences The senators argued that this policy shift has led to a **surge in illicit cryptocurrency activities** in 2025, including crimes tied to money laundering and human trafficking, as noted in an independent report. They also questioned whether Blanche's decisions were influenced by **President Donald Trump's financial interests** in cryptocurrency, given Trump's history of pardoning crypto-related criminals. A Justice Department spokesperson claimed Blanche's actions were "appropriately flagged, addressed and cleared in advance," but did not provide details. The senators have demanded answers by **February 11**, including written determinations on the legality of his actions and all related communications. ### Legal and Ethical Scrutiny Kedric Payne of the **Campaign Legal Center** filed a complaint with the Justice Department's inspector general, alleging Blanche's orders violated the law by broadly benefiting the crypto industry, including his investments. Payne estimated that Blanche's **bitcoin holdings alone rose by 34%** after the memo was issued. Under federal law, officials face penalties ranging from fines to **up to five years in prison** for willful violations of conflict-of-interest statutes. The senators emphasized that the public deserves transparency to ensure decisions are made in the **public's best interest**, not for personal gain. Blanche, a former federal prosecutor who defended Trump in high-profile cases, now faces expanded investigations into potential ethics violations and false statements on compliance forms. ![Deputy Attorney General Todd Blanche attends a news conference on November 19, 2025 in Washington, DC. (Andrew Harnik/Getty Images)](https://www.salon.com/app/uploads/2025/12/todd-blanche-2246893607.jpg)]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>crypto</category> <category>doj</category> <category>conflict</category> <category>investigation</category> <category>senators</category> <enclosure url="https://www.salon.com/app/uploads/2025/12/todd-blanche-2246893607.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Plunges to 2026 Low: Is a $70,000 Drop Next as Fed Uncertainty Rocks Markets?]]></title> <link>https://www.bitcointoday.app/article/bitcoin-plunges-to-2026-low-is-a-70-000-drop-next-as-fed-uncertainty-rocks-markets</link> <guid>bitcoin-plunges-to-2026-low-is-a-70-000-drop-next-as-fed-uncertainty-rocks-markets</guid> <pubDate>Fri, 30 Jan 2026 08:01:25 GMT</pubDate> <description><![CDATA[## Bitcoin's Sharp Decline Continues Bitcoin's price has taken a significant hit, dropping to as low as **$81,000** in late Thursday evening U.S. hours before bouncing back slightly to around **$82,000**. This marks a fresh low for 2026, with the cryptocurrency shedding nearly **$10,000** over the past 24 hours alone. ### Market-Wide Carnage The broader cryptocurrency market has not been spared, with prices tanking by **7% to 9%** over the same period. Key altcoins like **Ether (ETH)** are hovering around **$2,700**, **BNB** around **$843**, and **XRP** around **$1.74**. ### Liquidation Surge More than **$777 million** in crypto long positions were liquidated in just the past hour, bringing the total to a staggering **$1.75 billion** over the past 24 hours, according to data from **CoinGlass**. ### Technical Support Levels at Risk At current levels, Bitcoin is barely holding above its **November low of just under $81,000**. If this support fails, the next critical level could be the **April 2025 low of $75,000**, which was related to tariff concerns. Analysts warn that a drop below **$85,000** could signal a further collapse, potentially pushing Bitcoin down to **$70,000**. ### Fed Chair Speculation Fuels Volatility Traders are reacting to reports that U.S. President Donald Trump plans to nominate former Federal Reserve Board member **Kevin Warsh** to replace current Fed Chair Jerome Powell. Trump announced he would name his nominee on Friday morning, following criticism of Powell and the Fed for not reducing rates. **Polymarket odds** on Warsh being the nominee have soared to **87%**, up from just **37%** two hours ago. Previously, **Rick Rieder**, BlackRock's fixed-income chief and seen as a more dovish candidate, was considered a frontrunner. Warsh was reportedly at the White House on Thursday, adding to the speculation. This uncertainty around Federal Reserve leadership is contributing to market jitters, as investors assess the potential impact on monetary policy and, by extension, cryptocurrency valuations.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>marketcrash</category> <category>fed</category> <category>liquidation</category> <category>volatility</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/80f2f833ba0f2c369edfb8875c4b8cbd636e7e6e-1440x1080.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[AI Spending Boom: How Bitcoin Miners Like IREN, CIFR, and HUT Are Cashing In]]></title> <link>https://www.bitcointoday.app/article/ai-spending-boom-how-bitcoin-miners-like-iren-cifr-and-hut-are-cashing-in</link> <guid>ai-spending-boom-how-bitcoin-miners-like-iren-cifr-and-hut-are-cashing-in</guid> <pubDate>Thu, 29 Jan 2026 08:01:26 GMT</pubDate> <description><![CDATA[## The AI Infrastructure Gold Rush: Bitcoin Miners' Strategic Pivot Shares of **bitcoin mining companies** that have shifted their business models to cater to **artificial intelligence (AI) infrastructure** were big winners in 2025, and this momentum has carried into the new year. If recent earnings from tech giants are any indication, these miners could continue to reap significant benefits from this strategic pivot. ### Big Tech's Massive AI Investment Plans Fourth-quarter results and 2026 outlooks from **Meta (META)** and **Microsoft (MSFT)**—both placing AI investment at the center of their growth strategies—suggest no slowdown in the AI spending binge. Meta forecasted 2026 capital spending of **$115-$135 billion**, well ahead of consensus forecasts of $110 billion. Microsoft CEO Satya Nadella emphasized, "We are only at the beginning phases of AI diffusion, and already Microsoft has built an AI business that is larger than some of our biggest franchises." ### Why Bitcoin Miners Are Pivoting to AI Facing a profit squeeze from **bitcoin's last halving event** (which cut miners' rewards by half), higher competition, and rising power costs, mining firms have pivoted to use their data centers to host **AI and cloud computing machines**. This move has saved many miners from going under by allowing them to diversify revenue sources beyond bitcoin mining and capitalize on the ongoing AI hype. ### Key Deals and Performance Metrics - **Iren (IREN)**: Announced a multiyear cloud-services contract with Microsoft to support AI workloads using advanced Nvidia chips. IREN was up 4.9% on Wednesday, bringing its year-to-date gain to 47% and year-over-year advance to 524%. - **Cipher Mining (CIFR)**: Signed a deal with Amazon to deliver 300 megawatts of capacity to Amazon Web Services (AWS)—one of the largest infrastructure commitments from a bitcoin miner tapping into the AI boom. CIFR is up 17% in 2026 and 322% year-over-year. - **Hut 8 (HUT)**: Another miner successfully pivoting to AI infrastructure and high-performance computing, up 26% year-to-date and 230% year-over-year. ### What's Next: Nvidia's Upcoming Report The sustainability of AI- and cloud-computing-related optimism will face its next test with **Nvidia's report on February 25**. As the leading provider of AI chips, Nvidia's performance and outlook will be crucial for miners leveraging AI infrastructure. **Read more:** [GPU Gold Rush: Why Bitcoin Miners Are Powering AI's Expansion](https://www.coindesk.com/markets/2025/09/14/ai-mining-news-gpu-gold-rush-why-bitcoin-miners-are-powering-ai-s-expansion) **Read more:** [Bitcoin Miners Chase AI Demand as Nvidia Says Rubin Is Already in Production](https://www.coindesk.com/markets/2026/01/07/bitcoin-miners-chase-ai-demand-as-nvidia-says-rubin-is-already-in-production)]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoinmining</category> <category>artificialintelligence</category> <category>cryptomining</category> <category>techstocks</category> <category>infrastructure</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/56453a2e6db3c22213e237056935b08c68f8e043-612x396.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Metaplanet's Bold $137 Million Bitcoin Bet: Can Japan's Top Treasury Firm Recover After an 81% Stock Plunge?]]></title> <link>https://www.bitcointoday.app/article/metaplanets-bold-137-million-bitcoin-bet-can-japans-top-treasury-firm-recover-after-an-81-stock-plunge</link> <guid>metaplanets-bold-137-million-bitcoin-bet-can-japans-top-treasury-firm-recover-after-an-81-stock-plunge</guid> <pubDate>Thu, 29 Jan 2026 21:01:08 GMT</pubDate> <description><![CDATA[Japanese Bitcoin treasury firm **Metaplanet** has just secured a massive $137 million raise to purchase more Bitcoin, signaling a strong commitment to its crypto strategy despite recent stock volatility. ### Key Details of the Raise Metaplanet closed the raise through the sale of **24.5 million newly issued common shares** and one-year warrants to overseas buyers. The company opted for this structure to **distribute dilution over time**, with warrant exercise prices set above current trading levels. In its filing, Metaplanet stated that while this fundraising will dilute ordinary shares, allocating proceeds primarily to Bitcoin acquisition is expected to **increase BTC holdings per share**. The firm has until **February 16, 2026**, to utilize the funds. Currently, Metaplanet holds approximately **35,102 BTC**, valued at just under $3 billion. ### Stock Performance and Challenges Metaplanet's journey hasn't been without hurdles. In 2025, its share price peaked at **$15.35 in May** but plummeted to **$2.50 by year-end**, marking an **81% drop**. However, the stock has shown signs of recovery in 2026, climbing **7%** since the start of the year and trading at **$2.77** at the time of writing. The stock trades under the ticker **MTPLF** on the OTC Markets OTCQX. This raise follows a previous move in November 2025, when Metaplanet **borrowed $100 million against its Bitcoin holdings** to fund additional BTC purchases. ### Market Context and Analyst Insights Bitcoin's price has been volatile, recently dropping over **6% in a day** to **$83,541**, hitting its lowest level since November. Equities have also faced pressure, with the **S&P 500 down 0.53%** and the **Nasdaq dropping 1.27%** on Thursday, amid political gridlock in Washington D.C. over a potential government shutdown. The rise of digital asset treasuries, pioneered by firms like **Strategy** (which holds nearly $60 billion in Bitcoin), led to a surge in similar companies last year. However, this proliferation has created challenges. **Ram Ahluwalia**, CEO of Lumida Wealth, notes that the explosion of crypto treasury firms has resulted in **attention fragmentation and liquidity fragmentation**. He predicts potential mergers and acquisitions in the category but emphasizes it's still early to determine the long-term players. ### The Bigger Picture As Bitcoin treasury firms become more common, questions arise about their sustainability. Are they destined to become a **pillar of Wall Street**, or will they fade as a market fad? With Metaplanet's aggressive funding move, the firm aims to strengthen its position in a crowded and evolving market.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>metaplanet</category> <category>bitcoin</category> <category>treasury</category> <category>funding</category> <category>stocks</category> <enclosure url="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2026/01/bitcoin-yen-decrypt-style-new-gID_7.jpg" length="0" type="image/jpg"/> </item> </channel> </rss>