Crypto winter
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Eric Trump Jibed For Old Ethereum Advocacy As Second-Largest Crypto Sinks Below $2,100
Yahoo Finance· 2026-02-07 03:31
Popular podcaster Ashley DCan revived her social media banter with Eric Trump on Wednesday amid Ethereum’s (CRYPTO: ETH) ongoing decline. The Back-And-Forth The feud dates back to June 2025, when Ashley mocked Trump’s advice to buy ETH at $2,900. In the months following that advice, the second-largest cryptocurrency had cratered to $1,472, and Ashley accused Trump for treating retail traders as “exit liquidity.” However, Trump got his moment in August, when ETH rebounded to $4,800. “You really ought to ...
UBS Says ‘Crypto Is Not an Asset’ as Bitcoin Whales and ETFs Pull Back
Yahoo Finance· 2026-02-06 18:21
UBS has taken a firm stance against digital assets, declaring that “crypto is not an asset” as Bitcoin whales and ETF investors begin pulling capital from the market. Bitcoin managed a bump to $70K this morning, but don’t pop the champagne just yet; the original cryptocurrency is still down 50% from its October highs. DISCOVER: Best New Cryptocurrencies to Invest in 2026 Why UBS’s Stance Matters for Bitcoin Investors When a banking giant like UBS says crypto is held by a “tiny portion of society,” it ...
Crypto in Spotlight: Navigating Bitcoin Slump With Alternative ETFs
ZACKS· 2026-02-06 15:30
Key Takeaways BTC plunged nearly 20% in a week, erasing over $1T in crypto market value amid a sharp sentiment shift.Hawkish Fed fears and the unwinding of the Trump-driven crypto rally accelerated Bitcoin's steep correction. SOL and XRP ETFs drew fresh inflows, signaling investor rotation toward alternative digital assets. The cryptocurrency market has been hit by a seismic jolt recently, with Bitcoin (BTC) plummeting to 16-month lows. In a staggering display of volatility, the "digital gold" fell nearly ...
Bullish analyst slashes Saylor's Strategy price target by 60%
Yahoo Finance· 2026-02-04 23:30
2026 has opened on a brutal note for crypto and even longtime Bitcoin believers are feeling the chill. On Feb. 3, Bitcoin (BTC) plunged below $73,000, marking its steepest decline since early November 2024 and deepening losses from the flash crash that rattled markets on Oct. 10 last year. For Michael Saylor's MicroStrategy, now known as Strategy (NASDAQ: MSTR), the timing couldn’t be worse. Related: MicroStrategy struggles ahead of earnings after latest Bitcoin crash The company’s average Bitcoin purc ...
Tom Lee's BitMine Immersion added 41,000 ether as paper losses rise to $6 billion
Yahoo Finance· 2026-02-02 14:43
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury firm, continued its weekly ether (ETH) purchase streak even as a sharp crypto sell-off deepened its unrealized losses and sent its stock to new 7-month lows. The firm said in a Monday update that it bought 41,788 ETH last week, its largest weekly token haul so far this year, worth around $96 million at current prices. The purchase lifted BitMine’s total ETH holdings to 4,285,125 tokens, or about 3.55% of Ethereum’s circulating su ...
Bitcoin bloodbath: Selloff sparks fears of new ‘crypto winter’ after weekend crash hits BTC, XRP, ETH, and others
Yahoo Finance· 2026-02-02 13:15
To say it’s been a bad few days for Bitcoin and other cryptocurrencies would be an understatement. Most Read from Fast Company As of the time of this writing, Bitcoin is trading in the range of $77,000 per coin—a price point not seen since last March, when the world was thrown into economic uncertainty by President Donald Trump’s tariffs. And Bitcoin isn’t the only crypto facing a bloodbath. Other major tokens, including Ethereum and BNB (Binance) are also in free-fall. XRP, the closely watched native ...
CLARITY Act Will End Crypto Winter as Bitcoin’s Four Year Cycle Ends, Says Bitwise Matt Hougan
Yahoo Finance· 2026-01-13 11:47
Will the CLARITY Act have a big impact on Bitcoin's price? | Source: Gemini Key Takeaways The CLARITY Act passing could drive a market surge for Bitcoin and crypto, according to Bitwise’s Matt Hougan. Hougan argues that Bitcoin’s cyclical patterns are less relevant in 2026. The CLARITY Act aims to define which digital assets fall under the SEC or CFTC. Industry leaders are increasingly focusing on the potential market impact of the upcoming CLARITY Act. Some suggest it could end the long-running ...
4 Cryptocurrency Predictions for 2026
Yahoo Finance· 2025-12-31 09:26
Core Insights - The cryptocurrency market is facing a lack of major catalysts for the upcoming year, particularly affecting Bitcoin, which holds a significant market share [1][7] - Historical patterns indicate that significant downturns in the crypto market occur approximately every four years, with Bitcoin currently over 30% below its 52-week high [2][8] - Predictions for 2026 suggest a potential return of a "crypto winter," characterized by declining prices and poor investor sentiment [3][8] Market Performance - The cumulative value of all digital currencies has decreased by 9% to $2.97 trillion as of late December, contrasting with gains in major stock indices [5] - In 2025, cryptocurrencies underperformed compared to traditional stocks after previously outperforming them in 2024 [6][7] Bitcoin Treasury Strategy - The Bitcoin treasury strategy, popularized by companies like Michael Saylor's Strategy, may lose its appeal in 2026 as many companies pursuing this strategy are unproven and financially struggling [9][11] - Companies adopting this strategy have been trading at high multiples to their net asset value, which may not be sustainable given the rise of spot Bitcoin ETFs [12] XRP Outlook - Predictions indicate that XRP may fall back to $1 in 2026 due to a lack of strong catalysts and its limited adoption compared to traditional payment systems [14][16] - The utility of XRP is questioned, as it is not required for all transactions on Ripple's payment network, potentially diminishing its value [18] Spot Crypto ETFs - A significant number of cryptocurrency ETFs are awaiting regulatory approval, which could enhance investor access and interest in digital currencies [19] - Spot crypto ETFs are expected to facilitate easier investment in cryptocurrencies and may lead to increased cash inflows for altcoins, potentially allowing them to outperform Bitcoin [20][21]
Crypto winter looms in 2026, but Cantor sees institutional growth and onchain shifts
Yahoo Finance· 2025-12-29 15:38
Core Insights - Bitcoin (BTC) is likely entering a prolonged downturn, which may lead to a more stable, institutionally driven phase in the crypto industry [1] - The market is in the early phase of a crypto winter, with Bitcoin approximately 85 days past its peak, and prices may remain under pressure for months, potentially testing an average breakeven price near $75,000 [2] - Unlike previous downturns, this phase may not be characterized by mass liquidations or structural failures, as institutional participants are now shaping the market [3] Tokenization and Market Trends - The value of tokenized real-world assets (RWAs) has tripled to $18.5 billion over the year, with projections suggesting it could exceed $50 billion by 2026 as more financial institutions engage in onchain settlement [4] - Decentralized exchanges (DEXs) are gaining market share from centralized venues, and while trading volumes may decline in 2026, DEXs, particularly those trading perpetual futures, are expected to continue growing [5] Regulatory Developments - The passage of the Digital Asset Market Clarity Act (CLARITY) in the U.S. marks a significant turning point, defining digital assets as securities or commodities and assigning oversight of spot crypto markets to the Commodity Futures Trading Commission (CFTC) [6] - This legal framework could reduce headline risk and facilitate greater engagement from banks and asset managers in crypto markets, while also enhancing the legitimacy of decentralized protocols by providing compliance pathways [7] Emerging Trends - Onchain prediction markets, particularly in sports betting, have seen volumes exceed $5.9 billion, representing over 50% of DraftKings' handle in Q3, with companies like Robinhood, Coinbase, and Gemini entering the space [8]
Saylor’s Strategy raises cash reserve, pauses Bitcoin purchases
Yahoo Finance· 2025-12-22 16:01
Michael Saylor’s Strategy Inc. bolstered its cash reserve to $2.19 billion and paused purchases of Bitcoin over the past week as the largest digital asset treasury company appears to be settling in for a long crypto winter. The Tysons Corner, Virginia-based firm raised $748 million through the sale of common shares in the seven days ended Dec. 21, according to a filing Monday with the US Securities and Exchange Commission. It had purchased about $2 billion in Bitcoin over the previous two weeks, bringing ...