Author: altcoinvest
Binance has completed the second batch of its Bitcoin conversion for the Secure Asset Fund for Users (SAFU), acquiring an additional $100 million in BTC. The crypto exchange announced the transaction via its official X account, providing the public wallet address and transaction ID for verification. #Binance SAFU Fund Asset Conversion progress update. Binance has completed the second batch of Bitcoin conversion for the SAFU Fund, amounting to 100M USD stablecoins. Our SAFU BTC address:1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD TXID: https://t.co/xm87A7Zd9T We’re continuing to… pic.twitter.com/i3H2cCYYB2 — Binance (@binance) February 4, 2026 Binance launched the conversion initiative in late January 2026, pledging to shift its…
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BitMine’s stock, BMNR, has continued to see a downturn in its price amid the crypto market crash. This comes as the Ethereum treasury firm now faces over $6 billion in unrealized losses. Bearish Pressure Builds on BMNR Stock After BitMine Losses According to Yahoo Finance data, the BitMine stock has fallen by nearly 2% at the close of trading on Tuesday. It also declined by nearly 1% during pre-market trading. Source: Yahoo Finance The continuous fall in the shares has been largely attributed to the fall in value of the firm’s Ethereum treasury. The firm has 3.5% of the circulating…
Stacks [STX] has rallied an incredible 20.8% in the past 24 hours. It was only up 5.8% in the past week, and its price charts revealed that the recent bounce came after a deep retracement. STX, like Bitcoin [BTC] and major altcoins, also experienced a rally at the start of 2026. AMBCrypto reported that this move almost broke a multi-month downtrend, falling just short of the former support level, now turned resistance, at $0.412. The rejection at this resistance came alongside a wider market sell-off as Bitcoin descended below $84.5k and went as low as $74,600 recently. The $566 million…
Key NotesGalaxy Digital’s Q4 2025 net loss of $482 million stands in stark contrast to Q3’s $505 million profit, demonstrating extreme sensitivity to market cycles.The cryptocurrency market capitalization halved from $4.4 trillion in October to $2.7 trillion by February 2026, directly pressuring the firm’s balance sheet.Galaxy’s digital asset holdings declined 22% quarter-over-quarter, while Bitcoin and Ethereum depreciated 23% and 28% respectively during Q4 2025. Galaxy Digital Inc. (Nasdaq: GLXY) shares crashed 20.65% on Tuesday, sliding to $21.32 after the crypto firm reported a staggering $482 million net loss for the fourth quarter of 2025. The loss exposes how crypto firms…
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Nouriel Roubini has warned about an impending cryptocurrency market “apocalypse.” According to Roubinin, even the most pro-crypto administration in history has failed to save a sector he claims offers no use cases beyond crime and corruption.The failing pro-crypto administration A year ago, the narrative was that the new pro-crypto administration was supposed to mark the dawn of a new golden age for cryptocurrency. The promise of deregulation prompted cryptocurrency evangelists to predict that the leading cryptocurrency could potentially surge to $200,000. ‘Dr. Doom’ Predicts Catastrophic End for Cryptocurrencies Crypto Market Review: Shiba Inu’s (SHIB) 1,000,000,000,000 Bull Market Trigger, Bitcoin (BTC) Crash Might…
By Arjun Sethi, Kraken co-CEO Kraken was founded 15 years ago as a high-performance crypto exchange built for professional traders. From the beginning, the company focused on deep liquidity, reliable execution, and infrastructure capable of operating through extreme market volatility. That operating philosophy shaped how the business evolved from exchange to financial infrastructure. Rather than expanding by layering independent products or systems, Kraken invested in shared infrastructure: unified liquidity, centralized risk management, and a global compliance framework that could support multiple asset classes and client segments simultaneously. Over time, this approach transformed the company from a single-product exchange into a…
Dogecoin started a recovery wave above the $0.1050 zone against the US Dollar. DOGE is now facing hurdles near $0.1120 and might struggle to continue higher. DOGE price started a recovery wave from $0.095 and climbed above $0.1050. The price is trading above the $0.1060 level and the 100-hourly simple moving average. There is a key rising channel forming with support at $0.1035 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1020. Dogecoin Price Aims Higher Dogecoin price started a recovery wave from the $0.0950…
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