Bitcoin Is Incredibly Oversold, Say Some Chartists | ETF TrendsETF Trends is now VettaFi. Read More --At this juncture, most investors know that bitcoin and other cryptocurrencies are being taken to task this year. As of midday Thursday, February 5, bitcoin's seven-day loss was in excess of 22%.The largest digital currency by market value is probing levels last seen in late 2024. It would need to nearly double to reclaim its all-time high. Understandably, factoids like that have even the most devoted HODLer ...

Bitcoin could fall to as low as $40,000, Zacks Investment Research Chief Equity Strategist John Blank says. "A Bitcoin winter is 12 to 18 months long," Blank told CNBC on Feb. 2. "These are well-understood technical features. So, at $76,000 from $125,000, which was the peak, we can get to $40,000." Blank said the $40,000 target was based on a megaphone chart pattern formed by the highs and lows of previous cycles. Don't Miss: Blank said Bitcoin could reach the level "very quickly" or "over the next six ...

Bitcoin's attempt at a rebound runs into gold's recapture of $5,000 - MarketWatch# Bitcoin's attempt at a rebound runs into gold's recapture of $5,000Published: Feb. 9, 2026 at 9:29 a.m. ETShareResize---Listen(2 min)Bitcoin has lost some of the strength it gained over the weekend. Blame gold. Photo: justin tallis/Agence France-Presse/Getty ImagesBitcoin's recovery run has been stifled somewhat at the start of the week by a bounce in gold that has taken the precious metal back over $5,000 an ounce.The price ...

Group 1: OpenAI and AI Sector - OpenAI is nearing a monumental $100 billion funding round, which would value the company at approximately $830 billion, driven by a resurgence in growth with ChatGPT exceeding 10% monthly growth [3][7] - Nvidia is reportedly close to investing about $20 billion in OpenAI as part of this funding initiative, highlighting strong investor confidence in the AI sector [3] Group 2: Alphabet's Financial Moves - Alphabet (GOOGL) plans to raise approximately $15 billion through a new US bond sale, aimed at general corporate purposes including debt repayment and investments in AI [4][7] Group 3: Uber's Strategic Acquisition - Uber Technologies Inc. (UBER) is acquiring Getir's food delivery business for $335 million and will invest an additional $100 million for a 15% stake in Getir's broader operations in Türkiye [5][7] Group 4: Offshore Drilling Consolidation - Transocean (RIG) announced its intention to acquire Valaris (VAL) in an all-stock transaction valued at approximately $5.8 billion, creating a combined entity with a pro forma enterprise value of around $17 billion [6][7] Group 5: Ferrari's Electric Vehicle Launch - Ferrari (RACE) has introduced "Ferrari Luce," its new full-electric sports car, with plans for its debut in October 2026, marking a significant entry into the electric vehicle market [8][7] Group 6: MicroStrategy's Bitcoin Strategy - MicroStrategy (MSTR) purchased an additional 1,142 Bitcoin for approximately $90 million, reinforcing its position as a leading corporate holder of Bitcoin [9] Group 7: Currency and Economic Insights - The IMF Chief has downplayed concerns regarding the dollar's short-term fluctuations, noting a 1.2% decline in January 2026, while contextualizing it within a broader historical perspective [10]

Core Insights - Early Bitcoin adopter Kristoffer Koch turned a $24 investment into $850,000 over four years, highlighting the potential for significant returns in cryptocurrency investments [1][3]. Group 1: Investment Journey - In 2009, Koch invested $24 in Bitcoin while working on his master's thesis on encryption, viewing it as a fun experiment [2]. - After years of forgetting about the investment, Koch rediscovered it in April 2013 when Bitcoin gained media attention, realizing he had 5,000 BTC valued at approximately $850,000 at that time [3]. Group 2: Potential Value of Bitcoin - If Koch had held onto his 5,000 BTC instead of selling some, the value would have skyrocketed to $353.54 million, illustrating the dramatic increase in Bitcoin's value over the years [5].

Bitcoin slipped below $70,000 on Monday following a roller-coaster ride at the end of last week. The original cryptocurrency — which had stabilized during the Asia day — fell around 3% to $68,540 at around 5:45 a.m. in New York. The move was still relatively tame compared with last week’s wild swings, when Bitcoin on Thursday plunged to $60,033, its lowest since October 2024, before rallying back above $70,000 on Friday. Most Read from Bloomberg Traders remain on edge. “Crypto markets have stabilized” ...

Core Viewpoint - A prominent Bitcoin critic, Peter Schiff, predicts that Bitcoin's long-term value will ultimately fall to zero, despite its current global adoption and trading activity [1][3]. Group 1: Bitcoin's Current Situation - Bitcoin recently experienced a significant decline, dropping below $63,000, which is nearly a 50% decrease from its peak of $124,000 in October of the previous year [2]. - As of the latest update, Bitcoin has shown signs of recovery, trading 4.4% higher at $70,915.99 [8]. Group 2: Schiff's Predictions and Analysis - Schiff believes that while Bitcoin may not disappear from trading screens in the near term, its price could decline to a point where the difference between "near-zero" and zero becomes irrelevant for most investors [4][6]. - He argues that even if Bitcoin trades at low levels like $100 or $1,000, it would still represent "a lot of value for basically nothing," as he views the asset as having no intrinsic worth [5]. - Schiff emphasizes that the critical issue for investors is not whether Bitcoin technically reaches zero, but whether it collapses enough to significantly wipe out invested capital [6]. - He suggests that if an investment of one million dollars in Bitcoin were to drop to a mere hundred dollars, the difference to zero would be negligible, indicating a substantial risk of decline [7]. - Over a long-term horizon, Schiff predicts that Bitcoin will be forgotten and will have no meaningful demand remaining [8].

Core Insights - The article compares two prominent crypto-focused ETFs: Fidelity Wise Origin Bitcoin Fund (FBTC) and Grayscale CoinDesk Crypto 5 ETF (GDLC), highlighting their differing cost structures, asset compositions, and liquidity profiles [2][3]. Cost Structure - FBTC has a lower expense ratio of 0.25%, while GDLC charges 0.59%, making FBTC the more affordable option [3][9]. - As of January 30, 2026, FBTC has an AUM of $16.08 billion compared to GDLC's $538.8 million, indicating FBTC's significantly larger scale [3][10]. Performance Metrics - Over a two-year period, FBTC experienced a max drawdown of 33.28%, while GDLC had a max drawdown of 36.94% [4]. - A $1,000 investment in FBTC would have grown to $1,961, whereas the same investment in GDLC would have grown to $2,794 over the same period [4]. Asset Composition - FBTC primarily offers direct exposure to Bitcoin, holding almost the entire portfolio in Bitcoin, with negligible allocations to other assets [5]. - GDLC, on the other hand, holds a diversified basket of five large-cap digital assets, with Bitcoin, Ethereum, and BNB making up 93.12% of its holdings [7][10]. Investor Considerations - Investors seeking direct Bitcoin exposure may prefer FBTC due to its lower fees and concentrated investment strategy [9]. - GDLC provides a more diversified approach, which may mitigate some volatility associated with Bitcoin, but it comes with a higher expense ratio [10].

With a trailing-10-year return of almost 40,000%, Dogecoin (CRYPTO: DOGE) makes even the best-performing stocks look like big losers. This is certainly a well-known cryptocurrency. However, the wisest investors are critical. Here are three reasons why I wouldn't touch this meme coin with a 10-foot pole. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Getty Images. 1. Lack ...

If you're thinking about investing in XRP (CRYPTO: XRP), there's good reason to be nervous. The world's fifth-largest cryptocurrency is down 22% to start the year and has declined a whopping 60% from its 52-week high of $3.65. Currently, XRP trades for just $1.47. If XRP is going to make a move higher, the time is now. Unfortunately, that doesn't appear likely, especially with market bellwether Bitcoin (CRYPTO: BTC) down big. Far more likely is the prospect of XRP dropping below the psychologically import ...