Author: WebDesk

Bitcoin touched 60k yesterday, and the move down was fast. Way faster than most traders expected. I personally thought we would see much more support at 69k, not just because it was the 2021 ATH, but also because it acted as resistance during the 2024 run-up. There was a ton of volume traded around that level.This time we sliced through it like it wasn’t even there.I tried a few longs between 65k and 63k. Tight stops, because nobody wants to get nuked by a random liquidation candle. It didn’t play out. A few small losses, a few small wins, and…

Key Highlights: Strategy announces that Bitcoin (BTC) would need to fall to $8,000 and stay there for five years to seriously affect its finance. The company has also set aside $2.25 billion in cash in case of emergencies. The company holds 713,502 BTC as of February 1, 2026. Strategy Inc., a company that holds a large amount of Bitcoin, shared its Q4 2025 results and also a few bold statements that indicate their unwavering confidence in BTC. During this earnings announcement, the CEO of the firm, Phong Lee, stated that Bitcoin will have to drop all the way to $8,000…

Tony Kim Feb 06, 2026 09:03 Hong Kong Monetary Authority announces 2-year Exchange Fund Notes tender offering HK$1.2 billion at 2.23% interest rate, with settlement on February 23, 2026. The Hong Kong Monetary Authority will hold a HK$1.2 billion tender for 2-year Exchange Fund Notes on February 20, 2026, rolling over a maturing issue of the same tenor. The notes carry a fixed interest rate of 2.23% annually, paid semi-annually, with settlement scheduled for February 23.Of the total offering, HK$1.195 billion has been allocated for competitive tender through Eligible Market Makers, while HK$5…

Ripple’s XRP token fell to $1.22 earlier today, Feb. 6, 2026. The token last traded at this price level in November 2024, when XRP’s price was just pick up steam. 2025 was rather bullish for XRP, with prices hitting a new peak of $3.65 in July. However, the asset has been on a downtrend since its 2025 peak, especially after the October market crash. According to CoinGecko data, XRP’s price is down 7.4% in the last 24 hours, 25% in the last week, 30.6% in the 14-day charts, and 41.2% over the previous month. The current trajectory has ignited fears…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. After permissioned domains went live on the XRP Ledger (XRPL), Permissioned DEX has achieved consensus from validators to launch in the next two weeks. RippleX says that it will soon provide the entire permissioning stack to institutional users for regulated access to liquidity pools on XRPL. On Wednesday, the XRP Ledger (XRPL) activated Permissioned Domains as part of XLS-80, with 91% of the validators in support, as we reported. Next comes the Permissioned DEX, which core developers at RippleX say has received the required support…

Key Highlights: Bitcoin (BTC) drops down to the $65,000 mark today, February 6, 2026. According to Glassnode, more than 9.3 million BTC are currently trading below the price at which they were purchased at. Bitcoin Fear and Greed Index has dropped down to 9. Glassnode’s latest on-chain data shows that Bitcoin holders are currently under immense pressure. While BTC was hovering around $67,400, more than 9.3 million BTC were trading below their purchase price. According to the studies carried out by the crypto analytics company, this has been the largest loss level since January 2023. This number also highlights how…

Bitcoin is struggling to hold the $70,000 level as persistent selling pressure weighs on market sentiment and momentum. After months of volatility, recent price action suggests a fragile structure, with buyers repeatedly failing to reclaim higher resistance zones. Analysts increasingly warn that downside risks remain elevated as short-term investors continue to absorb losses rather than stepping in aggressively to accumulate. Related Reading A recent report from analyst Axel Adler highlights mounting stress among short-term holders. Data from the Bitcoin Short-Term Holders SOPR indicator shows that many participants are now realizing losses, with this cohort sitting roughly 25% below their average…

It’s a complete bloodbath for Ripple’s native token XRP as prices plunged double-digits early Friday. It plummeted more than 20% in the day’s trading session, sparking concerns among the investor community. Its price is now at the $1.20 level and is flirting with falling below the $1 mark.Source: CoingeckoIf Ripple’s XRP goes below $1, it could take months, if not years, to get back to its previous highs. For context, the altcoin climbed above $3 in 2018 and fell below $1 for nearly seven years. If the cycle repeats, it could reclaim $3 only after this decade. The move could…

The Chainlink price gives a decisive breakdown below the support trendline of a falling wedge pattern, signalling the risk of prolonged correction ahead. Capital rotation on the network has leaned outward, signaling redistribution rather than reinvestment. Oversold RSI hints that the LINK could witness a temporary pullback to $9 and recoup its exhausted bearish momentum. On Thursday, February 5th, the crypto market witnessed a flash crash which extended correction in the majority of major cryptocurrencies including LINK. The Chainlink price plunged over 14% and lost its double-digit value to reach $8.1. The coin price also breaks below key on-chain level,…

Crypto’s real trajectory is being missed by markets obsessed with volatility, as decentralized networks quietly position themselves to replace failing global institutions and reshape economics, governance, and coordination, according to Balaji Srinivasan. Why Balaji Srinivasan Says Crypto’s Future Is Bigger Than Price Charts Balaji Srinivasan shared on social media platform X on Feb. 5, 2026, […] Credit: Source link