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Is China building gold-backed digital assets? Treasury Secretary thinks it’s possible

Senator Cynthia Lummis (R-Wyo.) wasted no time Thursday asking Treasury Secretary Scott Bessent the big question: Is China using blockchain…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

Bitcoin Falls Under $71,000 Amid AI-Powered Technology Market Downturn

During the early hours of Thursday in Asia, Bitcoin dipped below the $71,000 threshold as a fresh wave of sell-offs…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

CryptoQuant Warns Bitcoin Is in a Bear Market More Dangerous Than 2022 with a Specific Price Prediction

The cryptocurrency landscape, particularly Bitcoin ($BTC), has struggled to regain its footing following the significant downturn experienced in October. As…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

Deutsche Bank Indicates Bitcoin Selloff Reflects Declining Confidence Rather Than Market Breakdown

Deutsche Bank, a major German financial institution, has indicated that the recent decline in bitcoin’s value is not triggered by…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

Tom Lee’s Bitmine Might Be Acquiring ETH, Yet Vitalik Buterin and Others Seem to Be Offloading Their Holdings

Ether (ETH) has recently faced intense selling pressure, causing its price to fall below the $2,000 mark. This downturn is…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

Bloomberg Analysts Explain 10 Reasons Behind Bitcoin and Altcoin Declines During the Coldest Crypto Winter Ever

Joe Weisenthal and Tracy Alloway recently characterized the current downturn in Bitcoin (BTC) as “the harshest crypto winter ever witnessed.”…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

XRP Drops Significantly To Become The Worst-Performing Coin Among Top 100

The cryptocurrency market is currently experiencing a significant and intense correction phase. Among the top 100 cryptocurrencies, XRP has suffered…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

Bitcoin Experiences Historic Drop, Plummeting Over $59,000 and Nearly 47% Below Its All-Time High

Bitcoin Experiences a Significant Drop, Plummeting Over $59,000 in Its Largest Decline Ever, Nearly 47% Below Its Peak On Thursday,…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

Gold or Bitcoin (BTC) During Market Crashes? JPMorgan Reveals the Best Choice for Investors

Despite a recent pullback, gold experienced a notable surge last week. In contrast, Bitcoin did not keep up with gold’s…

byUS_admin_FinanceFebruary 5, 2026
Industry Analysis

Galaxy Digital Founder Mike Novogratz Predicts Bitcoin Price Could Be Approaching Its Lowest Point Soon

Mike Novogratz, the founder and CEO of Galaxy Digital, recently shared his perspective with Bloomberg, suggesting that Bitcoin might be…

byUS_admin_FinanceFebruary 5, 2026

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