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Helene Braun @ CoinDesk · 02/05/2026 10:18 EDT

Here is what industry veterans are saying as bitcoin tumbles below $70,000

"This drawdown feels horrible not because of the magnitude, but because it’s unfair," said longtime bitcoin maxi Samson Mow. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 02/05/2026 10:15 EDT

Bitcoin falls under $69,000, with retail traders betting on ever lower prices

Crypto liquidations crossed $1 billion over the past 24 hours, wiping out about $980 million million in bullish leveraged bets Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 02/05/2026 09:48 EDT

Tether invests $100 million in U.S.-regulated crypto bank Anchorage

Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market. Read more ›

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CoinDesk
Will Canny @ CoinDesk · 02/05/2026 09:13 EDT

Deutsche Bank says bitcoin’s selloff signals a loss of conviction, not a broken market

The German lender pointed to institutional outflows, fading liquidity and stalled regulation as the real drivers behind bitcoin’s slump. Read more ›

3

CoinDesk
Krisztian Sandor @ CoinDesk · 02/05/2026 09:00 EDT

EU at risk of falling behind the U.S. in tokenization rules, digital asset firms warn

The EU must fix its pilot regime now or watch capital markets shift permanently to the U.S., a group of blockchain firms warned policymakers on Thursday. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 02/05/2026 09:00 EDT

XRP DeFi opens to institutions as Hex Trust adds custodial FXRP access

Custodian Hex Trust will let clients mint and redeem FXRP and stake FLR through its platform, giving institutions a way to put XRP to work. Read more ›

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CoinDesk
Olivier Acuna @ CoinDesk · 02/05/2026 08:02 EDT

Institutions don't want more risk—they want bitcoin yield that works like TradFi, says GlobalStake co-founder

Collateralized, market-neutral strategies, not DeFi or smart contracts, are driving renewed institutional interest, says GlobalStake co-founder Thomas Chaffee. Read more ›

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CoinDesk
Oliver Knight @ CoinDesk · 02/05/2026 07:00 EDT

Bitcoin, ether slide 7% as market 'fear' increases, liquidations mount

Crypto markets extended losses amid heavy derivatives liquidations and macro headwinds, with traders bracing for further downside if bitcoin breaks key support. Read more ›

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CoinDesk
Francisco Rodrigues @ CoinDesk · 02/05/2026 06:58 EDT

Brazil moves to ban algorithmic stablecoins like Ethena’s USDe

New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked stablecoins. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 02/05/2026 06:44 EDT

'Big Short' Micheal Burry spots 2022 vibes in bitcoin crash

The ‘Big Short’ investor compared the current slide with a one-time past cycle breakdown that saw BTC lose nearly half its value before stabilizing. Read more ›

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CoinDesk
James Van Straten @ CoinDesk · 02/05/2026 06:36 EDT

Bitcoin drops below $70,000 as crypto selloff deepens before U.S. equity market opens

"Extreme fear" grips crypto and metals while U.S. equities show resilience ahead of key earnings Read more ›

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CoinDesk
James Van Straten @ CoinDesk · 02/05/2026 05:41 EDT

Miner capitulation is back as bitcoin’s $70,000 price fails to cover $87,000 production costs

Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 02/05/2026 05:31 EDT

Vitalik Buterin blasts Ethereum 'copypasta' L2 chains, says the rollup excuse is fading

Ethereum’s co-founder says the ecosystem has grown too comfortable shipping lookalike networks, arguing that scaling alone is no longer a compelling reason to exist. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 02/05/2026 05:15 EDT

Stifel predicts bitcoin crash to $38,000. Yes, you read it right.

Stifel analysts predict bitcoin could fall to $38,000 using an analogy of the movie "The Curious Case of Benjamin Button" to explain the bearish forecast. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 02/05/2026 03:52 EDT

Bitcoin climbs back above $71,000 as tech selloff pauses

Analysts say the move looks driven more by short covering than fresh buying, with spot demand soft and stablecoin balances on exchanges drifting lower. Read more ›

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19.03.2026 02:32
Last update: 02:25 EDT.
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