Day: February 6, 2026

Tether Invests $150M in Gold.com to expand gold tokenization

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The investment arm of stablecoin issuer Tether has acquired a $150 million stake in the precious metals platform Gold.com to expand access to tokenized gold. Tether said on Thursday that it acquired an approximately 12% stake in the company, which will integrate Tether Gold (XAUt), its gold-backed cryptocurrency, into Gold.com’s platform. Source: Tether Gold.com is a publicly listed online marketplace that sells gold and other precious metals, such as silver and platinum, to several markets, including the US. “Gold has played a central role in preserving value for centuries, particularly…

Dogecoin (DOGE) Sinks To $0.08 Amid Relentless Bear Pressure

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Banks Could Eventually Offer Crypto Products, Says Bessent

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US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill. US Treasury Secretary Scott Bessent has told Congress that traditional and crypto banking products and services may be more intertwined in the future.  Appearing before the Senate Banking Committee on Thursday, Bessent was asked by Republican Senator Cynthia Lummis whether there could come a time when conventional banks and crypto are offering the same types of products. “I think that can…

Strategy plans to launch Bitcoin security program to address quantum threats

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Strategy plans to launch a Bitcoin security program aimed at addressing threats posed by quantum computing and other future security vulnerabilities, said Executive Chairman Michael Saylor during the company’s earnings call on Thursday. According to Saylor, the program will work with “the global cybersecurity community, the global crypto security community, and the global Bitcoin security committee” to help coordinate research and responses to those emerging risks. “We think it’s reasonable and appropriate for us to do this, given our large responsibility as a Bitcoin holder. But we want to do…

XRP Price Snaps Back From $1.15 Collapse, Bulls Test The Waters

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Kalshi Boosts Surveillance Ahead of Super Bowl

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Kalshi says it’s expanding its surveillance on its prediction markets platform through an independent advisory committee and partnerships to detect insider trading and market manipulation, just days ahead of the Super Bowl. Kalshi said on Thursday that the committee would give a quarterly rundown to the company’s outside counsel and publish statistics on investigations into suspicious activity on the platform.  It is also teaming up with crypto trading surveillance platform Solidus Labs and Daniel Taylor, director of the Wharton Forensic Analytics Lab, “to detect, investigate, and address market abuse.” The…

Ethereum Price Closes Sub-$2,000 Support As Crypto Rout Intensifies

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Ethereum price extended its decline below $2,000 and $1,950. ETH is now attempting to recover from $1,750 but faces many hurdles near $2,200. Ethereum failed to stay above $2,000 and started a fresh decline. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 zone. Ethereum Price Dips Over 15% Ethereum price failed…

Crypto Fear and Greed Index sinks to 9 after $2.7B in leveraged erased

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Crypto traders faced one of the most brutal resets on Thursday after Bitcoin’s free fall wiped out roughly $2.7 billion in leverage positions in the last 24 hours. As the panic escalates, the Crypto Fear and Greed Index, which tracks investor sentiment using factors such as volatility, trading volume, and Bitcoin’s dominance, has fallen to 9, its lowest reading since June 2022. Bitcoin is trading above $65,000, reflecting a roughly 10% decline in the past day. Bitcoin has trimmed some of its losses after briefly testing the $60,000 level, but…

Bitcoin Crashes to $60K as Sentiment Hits 2022 Lows

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Crypto market sentiment has slumped to its lowest level in over three and a half years amid Bitcoin falling by double-digit percentage points to a low of around $60,000. The Crypto Fear & Greed Index fell to a score of 9 out of 100 on Friday, indicating “extreme fear” in the market and hitting its lowest point since June 2022, when sentiment and the market fell in the wake of the collapse of the Terra blockchain a month earlier. The index has been at a low for the last fortnight…

Bitcoin Price Dumps Hard To $60K, Triggering Market Shockwaves

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Bitcoin price extended its decline to $60,000. BTC is down over 10% and might struggle to recover easily above the $70,000 resistance. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $70,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $70,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $62,500 and $61,200 levels. Bitcoin Price Dips Sharply Bitcoin price failed to…