Author: driver789

Bitcoin faced a dramatic market correction in early 2026, plunging 46% from its $126,000 all-time high and briefly dipping below $61,000 on February 6.  The drop erased over $1 trillion in market value and prompted headlines warning of a defining crypto moment. Social media feeds filled with reactions, yet most holders remained on the sidelines. A survey by Oobit of 1,006 American Bitcoin holders and sentiment analysis of 117,630 posts across 10 major crypto subreddits reveals that fear did not translate into widespread selling.  Anxiety and hope dominated emotional responses, with 39% of holders reporting anxiety and 38% hope.  Despite…

Ethereum has slipped into a valuation range that some on-chain analysts associate with major long-term bottoms, after ETH fell below its realized price for the first time in two years. Via X, renowned crypto analyst Ali Martinez argued on Thursday the setup now resembles prior cycle lows. Ethereum Drops Into MVRV Buy Zone In a post on X, the analyst wrote: “Ethereum has entered a generational ‘Buy Zone.’ The MVRV Ratio, which measures the gap between market price and average investor cost basis, has just dropped into the 0.8 – 1.0 range. Historically, this ‘fair value’ reset has been the…

Shares in crypto exchange Gemini surged after hours as stronger-than-expected fourth-quarter results showed revenue growth driven by credit card adoption and a reworked fee structure.Gemini reported on Thursday that its Q4 revenues rose 39% from the year-ago quarter to $60.3 million, reportedly beating analyst expectations of $51.7 million.It reported a net loss of $140.8 million for Q4, deepening from its $27 million loss from a year ago. Gemini posted a total 2025 loss of $585 million, ahead of its total 2024 losses of $156.6 million.Gemini co-founders Cameron and Tyler Winklevoss said in a shareholder letter that Q4 was the company’s…

Gauntlet, one of decentralized finance’s (DeFi) leading providers for risk management tools, has seen its total value locked (TVL), a measure of the assets deposited across its vaults, fall sharply over the past seven days, dropping 22.84% to $1.325 billion.That has erased roughly $380 million in dollar-denominated value from a week-ago peak of approximately $1.72 billion, according to DeFiLlama data. The decline accelerated Thursday with a single-day slide of 7.57%.The primary driver, according to Gauntlet, was the conclusion of OKX’s pre-deposit campaign on the DeFi-focused blockchain, Katana. Pre-deposit campaigns — where users are incentivized to park capital ahead of a…

Coinbase Asset Management’s Anthony Bassili says the Bitcoin Yield Fund’s tokenized share class checks “identity and eligibility at the token level” for compliance.Coinbase has brought its Bitcoin Yield Fund onto its Base blockchain, launching a tokenized share class for the fund in partnership with the financial services firm Apex Group.Apex said in a statement on Thursday that the tokenized share class of Coinbase Asset Management’s fund “is set up to interact with compatible platforms, wallets, and infrastructure without compromising compliance.”Coinbase Asset Management president Anthony Bassili said that the share class integrates “identity and eligibility at the token level” for regulatory…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

North Carolina lawmakers introduced legislation on Wednesday to create a state-controlled Bitcoin reserve.  Senate Bill 327, titled the North Carolina Bitcoin Reserve and Investment Act, would allow the Office of the State Treasurer to allocate up to 10% of public funds into BTC as part of the state’s long-term financial strategy. The bill, sponsored by Senators Johnson and Overcash, passed its first Senate reading and was referred to the Rules and Operations Committee. Its stated goals include establishing a Strategic Bitcoin Reserve, promoting BTC as a financial innovation, and positioning North Carolina as a leader in state-level crypto adoption. Under…

Bitcoin (BTC) dropped below $69,000 on Thursday, pulling the price back into its six-week range just days after tapping range highs above $76,000.The pullback coincides with an increase in selling from Bitcoin futures markets and stalling demand from US-based investors, but the chance for a rebound rally remains. A recurring chart setup indicates that BTC can return to its bullish pathway if the necessary conditions are met.Bitcoin futures set the trend as spot demand fadesThe latest pullback aligns with a visible shift in derivatives’ dominance over spot activity. The Coinbase premium gap turned negative after a period of steady demand,…

The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for weeks, and Republican lawmakers met on Thursday to figure out how to bridge the final gaps.The White House was expected to get some updated legislative language on Thursday, reflecting the ongoing work on the Digital Asset Market Clarity Act, according to people familiar with the situation. But the talks are still going, and even if the previously uncertain senators (such as Republican Thom Tillis) become satisfied with the bill’s stablecoin yield treatment, other distinct compromises (such as…

Bitcoin’s price dipped hard on Thursday as war in the Middle East escalated, sparking fears of an energy crisis, before rebounding. Iran hit Qatar’s main gas plant, Ras Laffan, causing billions of dollars in damage. The strike came after the Federal Reserve on Wednesday dampened investor hopes of interest rate cuts later this year. “We’re seeing a double-whammy for risk assets,” David Lawant, Anchorage Digital’s head of research, told DL News. “Crypto isn’t immune to these macro headwinds.”Bitcoin dropped to under $69,000 per coin before rising slightly. CoinGecko data shows it was recently priced at $70,473, down 1% over a…