Day: February 8, 2026

Get Ready for the Federal Reserve’s ‘Gradual Print’

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Whether the Federal Reserve is engaging in quantitative easing is purely semantic, according to Alden, who says all roads lead to debasement. The US Federal Reserve is entering into a “gradual” era of money printing that will stimulate asset prices “mildly” but will not be as dramatic as the “big print” that many in the Bitcoin (BTC) community anticipated, according to economist and Bitcoin advocate Lyn Alden. “My base case is roughly in line with what the Fed expects: to grow its balance sheet approximately at the same proportional pace…

Are Non-Financial Use Cases in Blockchain Dead?

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Prominent crypto venture capitalists are clashing online about whether non-financial use cases in crypto, Web3, and blockchain have failed due to a lack of investor demand and product-market fit or if the best days for non-financial applications still lay ahead. The debate started on Friday when Chris Dixon, a managing partner at venture capital firm a16z crypto, published an article arguing that years of “scams, extractive behavior and regulatory attacks” were the reason that non-financial use cases in crypto have not taken off. These use cases include decentralized social media,…

Paolo Ardoino: Stablecoins are core financial infrastructure, Tether’s USAT enhances liquidity for US users, and the inevitability of stablecoin adoption

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Tether’s new stablecoin aims to transform liquidity and bridge the gap between crypto and traditional finance. Key Takeaways Stablecoins are transitioning from niche crypto experiments to core financial infrastructure. Tether is launching USAT, a new stablecoin aimed at enhancing liquidity for US users. The future of finance may see tokenized deposits and transactions moving through stablecoins. Tether is evolving into a technology company focused on societal empowerment. USDT is expected to gain reciprocity as legislation evolves. Tether is a pivotal player in the crypto ecosystem, bridging traditional finance and crypto.…

Google Search Interest in ‘Crypto’ Near 1-Year Lows Amid Market Crash

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Google worldwide search volume for “crypto” is hovering near one-year lows, reflecting weak investor sentiment amid a broad market downturn that reduced the total market capitalization of crypto from an all-time high of more than $4.2 trillion to about $2.4 trillion. Worldwide search volume for “crypto” is 30 out of 100 at the time of this writing, with a reading of 100 indicating the highest level of search interest, which was last reached in August 2025 in parallel with the market capitalization high. The 12-month low is 24, according to…

Jack Dorsey’s Block may cut workforce by 10%: Report

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Block, the fintech firm behind payment tools and blockchain-based financial services led by Bitcoin advocate Jack Dorsey, is carrying out performance-based job cuts that could affect up to 10% of its workforce, Bloomberg reported Sunday, citing people with knowledge of the situation. Block has over 10,000 employees, according to the company’s LinkedIn page. The potential reductions could affect over 1,000 employees by late February, continuing a restructuring effort that began in 2024 under Dorsey. In March 2025, the company eliminated 931 jobs, cutting about 8% of its workforce of approximately…

Bitcoin Bear Market Comparison Sparks New $50,000 BTC Price Prediction

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Bitcoin (BTC) gained up to 3% Sunday, but some traders refused to believe that the BTC price crash was over. Key points: Bitcoin price comparisons warn that new macro lows are due if the 2022 bear market continues to repeat. Moving averages and the cost basis of the US spot Bitcoin ETFs are in focus. Analysis says that a carbon copy of 2022 is not a certainty. Bitcoin capitulation “hasn’t happened yet” Data from TradingView showed BTC/USD crossing $71,000, now up 20% versus Friday’s 15-month lows. BTC/USD one-hour chart. Source:…

Jack Dorsey’s Block May Slash Up To 10% of Staff: Report

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Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort. As much as 10% of Block’s workforce may be affected, Bloomberg reported on Sunday, citing people familiar with the matter. The company employed just under 11,000 people as of late November, an executive reportedly said at the time. The potential layoffs come as Block reshapes its operations following a reorganization launched in 2024 aimed at improving efficiency and aligning its…

ARK Sells $22M in Coinbase Shares, Buys Bullish Across ETFs

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Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures, the firm sold 92,737 Coinbase Global shares from the ARK Innovation ETF (ARKK), 32,790 shares from the Next Generation Internet ETF (ARKW) and 8,945 shares from the Fintech Innovation ETF (ARKF). The combined transactions totaled 134,472 shares, worth around $22.1 million. The sale came as ARK Invest, led by Cathie…

Bitcoin Is Offering ‘New Crack Of The Apple’ To Institutions: Bitwise CEO

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Bitcoin’s drop below $70,000 is being seen very differently by long-time holders and institutional investors, according to Bitwise CEO Hunter Horsley. “I think long-time holders are feeling unsure, and I think the new investor set, institutions are sort of getting a new crack at the apple,” Horsley said during an interview with CNBC on Friday. Horsley said that institutional buyers are “seeing prices they thought that they’d forever missed.”  It was only in October that Standard Chartered’s head of digital asset research, Geoff Kendrick, said he doesn’t expect Bitcoin to…

Bithumb Recovers Overpaid Bitcoin, Covers 1,788 BTC Shortfall

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South Korean cryptocurrency exchange Bithumb says it has resolved an incident in which a promotional reward error credited certain user accounts with excess Bitcoin. In a Sunday statement, the exchange confirmed it recovered 99.7% of the overpaid Bitcoin (BTC) on the same day the incident occurred. The remaining 0.3%, totaling 1,788 Bitcoin that had already been sold, was covered using company funds to ensure customer balances remained fully matched. “Bithumb’s holdings of all virtual assets, including Bitcoin (BTC), are 100% equivalent to or exceeding user deposits,” the exchange wrote. According…