Day: February 3, 2026

Bitcoin Traders Bet on Price Rebound as BTC Eyes $85K Liquidity Grab

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Bitcoin (BTC) traded 5.5% above its nine-month low of $74,500 reached on Monday amid hopes of a rebound toward $85,000. Key takeaways: A “squeeze” toward $85,000 is in play as Bitcoin rebounds from multimonth lows. The return of spot Bitcoin ETF inflows could fuel BTC price recovery in the short term. Can BTC price rebound toward $85,000? Bitcoin bulls fought to secure the recent recovery to $78,000 as traders hoped that further BTC price gains would follow. Bitcoin “created a massive CME gap this weekend,” analyst Daan Crypto Trades said…

Bitcoin ETFs Rebound $562M After $1.5B Outflows

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Bitcoin exchange-traded funds (ETF) experienced another recovery on Monday amid a challenging market environment for BTC and broader digital assets. Spot Bitcoin (BTC) ETFs drew about $562 million of inflows, breaking a four-day outflow streak. $1.5 billion of outflows were recorded last week, according to SoSoValue data. Despite the uptick, analysts cautioned that ETFs and broader markets are likely to face continued pressure from institutional selling and macro uncertainty, with near-term support potentially sticking around ETF cost basis levels of $84,000. The inflows came as Bitcoin rebounded on Monday after…

Elon Musk’s xAI Recruits Specialists to Train AI Models on Crypto

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Elon Musk’s artificial intelligence company xAI is hiring a crypto specialist to help train its AI systems on digital asset markets. According to a newly posted job listing, the company is recruiting a remote “Finance Expert – Crypto” to help teach xAI’s models how professional crypto traders analyze onchain data, evaluate token economics and manage risk in volatile, always-on markets. “This includes generating high-quality data in text, voice, and video formats: detailed annotations, model output critiques, step-by-step reasoning traces, audio explanations of strategies, and occasional structured video sessions,” the job…

AI Tops Family Office Investments as Crypto Lags: JPMorgan Report

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Artificial intelligence has emerged as the dominant investment theme for the world’s largest family offices, while cryptocurrencies continue to attract limited interest, according to a new report from JPMorgan Private Bank. The bank’s 2026 Global Family Office Report polled 333 single-family offices across 30 countries between May and July 2025. It shows that 65% of respondents, or 216 offices, are prioritizing artificial intelligence-related investments either now or in the future. By contrast, just 17% (56 offices) view crypto and digital assets as a key investment theme. Crypto remained largely absent…

Elon Musk says SpaceX may put Dogecoin on the moon next year

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Dogecoin (DOGE) might make it to the moon as early as 2027, according to Elon Musk. “Maybe next year,” Musk responded when asked by Tesla Owners Silicon Valley, one of the largest and most influential Tesla owners’ clubs, about when SpaceX would put “a literal Dogecoin on the literal moon,” the plan he first teased in April 2021. The 2021 announcement triggered a 30% price surge, pushing Dogecoin to nearly $0.6. DOGE is now trading above $0.1, up 1.5% in the past hour after Musk’s comment, per CoinGecko. The statement…

ING Germany Launches Crypto ETPs And ETNs For Retail Clients

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ING Germany, the retail banking unit of Dutch multinational ING Group, is expanding crypto investment access through new partnerships with US asset managers Bitwise and VanEck. The German bank is rolling out crypto exchange-traded products (ETPs) from Bitwise and crypto exchange-traded notes (ETNs) from VanEck, the companies announced separately on Monday. The new offerings join ING-listed investment vehicles from 21Shares, WisdomTree and BlackRock’s iShares. The launches come amid a challenging crypto market, with Bitcoin (BTC) trading 10% down year-to-date, reflecting adoption by traditional finance despite market turbulence. New offerings cover…

Crypto Spot Volumes Plunge To 2024 Lows Amid Weak Demand

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Spot crypto trading volumes on major exchanges have fallen from around $2 trillion in October to $1 trillion at the end of January, indicating “clear disengagement from investors” and weaker demand, according to analysts.  Bitcoin (BTC) is currently down 37.5% from its October peak amid a liquidity drought and a major bout of risk aversion, causing volumes to contract.   “Spot demand is drying up,” said CryptoQuant analyst Darkfost on Monday, adding that the correction “has been largely driven by the Oct. 10 liquidation event.”  Since October, crypto spot volumes on…

ARK Invest Upped Exposure To Crypto Stocks Amid Market Downturn

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Cathie Wood-founded asset manager ARK Invest revealed on Monday it had upped its exposure to crypto-linked stocks amid a stock slump this week. In a trade notification shared with Cointelegraph on Monday, ARK Invest indicated that it had bought shares in trading platform Robinhood, stablecoin issuer Circle, Jack Dorsey’s Block Inc, digital asset manager BitMine and crypto exchanges Coinbase and Bullish, among others.  The purchases were made primarily across two of the firm’s exchange-traded funds (ETFs),  including the ARK Innovation ETF (ARKK) and the ARK Blockchain & Fintech Innovation ETF…

Bitcoin May Continue to Fall as No Catalysts Appear: Galaxy

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Bitcoin could continue its downtrend as there are few catalysts to reverse the cryptocurrency’s fortunes, says Galaxy Digital research lead Alex Thorn. Thorn said in a note on Monday that there is a “significant chance” that over the coming weeks, Bitcoin (BTC) could fall to the bottom of a gap in supply at $70,000 before testing its realized price of $56,000, the average cost of all BTC in circulation. “Catalysts remain hard to find and narratives are also working against Bitcoin as it fails to trade along with gold and…

Google Cloud teams up with telecom giant Liberty Global to deploy Gemini AI across Europe

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Google Cloud, Alphabet’s cloud computing unit, and Liberty Global, one of Europe’s largest telecoms groups, have entered into a five-year strategic partnership to modernize the company’s European telecom and TV business using Google’s AI and cloud tech, Reuters reported Monday. The partnership will focus on deploying Google’s Gemini AI models and cloud tools to power Liberty Global’s European operations, which manage about 80 million fixed and mobile connections across the continent. The deal is expected to help Liberty Global cut costs, upgrade networks, and roll out smarter consumer services, including…