Author: 行政
Bitcoin faces a brutal irony as the Treasury refuses to save BTC from its own political success
Treasury Secretary Scott Bessent told Congress he has no authority to bail out Bitcoin. The exchange came during a Senate Banking Committee hearing, when Senator Brad Sherman asked whether the Treasury could intervene to support cryptocurrency prices.Bessent’s answer was direct: he cannot use taxpayer dollars to buy Bitcoin, and the question falls outside his mandate as chair of the Financial Stability Oversight Council.Sherman’s question was a challenge, not a policy proposal. Could the President Donald Trump administration use taxpayer money to prop up assets aligned with the president’s interests?Bitcoin, along with Trump-branded tokens, sat at the center of that concern.The…
Playnance unveils Web2-to-Web3 gaming infrastructure after years operating privately at scale. The platform processes 1.5 million daily on-chain transactions with over 10,000 active users. Playnance focuses on simplifying blockchain access through Web2-style onboarding systems. Playnance has made its first public announcement, revealing itself as a Web3 infrastructure and consumer platform company that has been operating a live ecosystem aimed at onboarding mainstream Web2 users into blockchain-based environments. The announcement was made on February 5, 2026, from Tel Aviv, marking the company’s first formal introduction after several years of developing and running its technology and platforms privately. Founded in 2020, Playnance…
Rolls and bags of the new 2026 Mayflower Compact quarter go on sale today at noon ET through the United States Mint, launching a five-coin, yearlong series celebrating the 250th anniversary of American independence. U.S. Mint image shows a 2026 Semiquincentennial Mayflower Compact quarter alongside rolls struck at the Philadelphia and Denver Mints U.S. Mint image shows a 2026 Semiquincentennial Mayflower Compact quarter alongside a bag of coins struck at the Philadelphia Mint Collectors can purchase circulation-quality coins struck at the Philadelphia or Denver Mints in either a two-roll set or 100-coin bags. No San Francisco Mint roll option is…
Bitcoin flashes critical $40k warning, signaling another 42% drop before the new bull run can start
Bitcoin is back in that familiar place where the chart looks ugly, the timeline feels loud, and everyone is trying to guess whether the next move is the one that finally breaks the mood.Today, Bitcoin fell below $70,000 for the first time in well over a year.Historically, that price still looks strong, especially if you zoom out to any point before 2024. A Bitcoin investor in 2020 would have salivated at the sight of a $69,000 BTC price.Bitcoin price chart 2024 to present (Source: TradingView)In context, it feels different because this part of the cycle is less about “price is…
Tron (TRX) outperforms Bitcoin (BTC) despite recent market volatility. Tron Inc. keeps accumulating TRX, boosting token support. Key resistance for Tron sits at $0.2846 while the immediate support is at $0.2758. Of late, Tron (TRX) has demonstrated remarkable resilience in the volatile cryptocurrency market. Despite overall market weakness, TRX has outperformed Bitcoin over the past few weeks. The token has only seen a modest decline of around 2.3% in the past 24 hours, compared to Bitcoin’s sharper drop of 7.3%. At press time, TRX traded at approximately $0.2797, maintaining a stable position within its 24-hour range of $0.2799 to $0.2868.…
Bitcoin, Ethereum, and XRP have all retreated to deep cycle lows, dragging the broader crypto market back to valuation levels not seen since late 2024, according to CryptoSlate’s data.While price action across the board appears uniformly grim, with BTC heading below $70,000 and XRP recently trading around $1.35, sentiment toward the Ripple-linked token is noticeably less pessimistic than that surrounding the two largest cryptocurrencies.That relative optimism is not derived from immediate spot price performance, as XRP has reached its lowest price since November 2024, but rather from a cluster of near-term, adjacent ecosystems catalysts that traders can trade around.Bitcoin, Ethereum,…
Ethereum faces billion dollar sell pressure as top crypto fund faces $862M high stakes liquidation risk
A leveraged Ethereum position built by Jack Yi’s Trend Research continues to unwind under pressure.The position, assembled through Aave’s lending protocol and reported to have reached roughly $958 million in borrowed stablecoins at its peak, has been shrinking through repeated defensive sales as Ethereum’s price declines.On Feb. 4, Trend deposited another 10,000 ETH (approximately $21.2 million) to Binance to sell and repay loans, according to on-chain tracking profile Lookonchain.The position now holds 488,172 ETH, valued at roughly $1.05 billion at current prices.The deleveraging began in early February, when Trend sold 33,589 ETH (roughly $79 million) and used $77.5 million in…
Ethereum price drops to $2,127 amid market weakness and high volatility. Vitalik Buterin sells $6.6M ETH, part of planned funding moves. Key support at $2,007, with resistance targets at $2,133 and $2,274. Ethereum (ETH) is under pressure as the cryptocurrency continues to face a significant pullback. The price of ETH has dropped to $2,098.91, down 5.6% in the last 24 hours. Ethereum price analysis | Source: TradingView This decline is part of a broader downtrend, with Ethereum losing around 28% over the past week and nearly 34% over the past three months. Trading volume, however, remained elevated at $54.5 billion…
Bitcoin’s latest drawdown is forcing a critical stress test on the “treasury company” trade.Over the past months, the model appeared simple, requiring companies to sell stock or low-cost convertible notes, buy Bitcoin, and rely on rising prices and a persistent equity premium to cover the remainder.However, with Bitcoin sliding towards $70,000, which is significantly lower than the cost basis for most corporate holders, the mechanics of that trade are facing a potential reversal. Market Cap $1.41T 24h Volume $86.43B All-Time High $126,173.18 On Feb. 2, Michael Burry, the investor made famous by The Big Short, issued a warning about this…
Bitcoin temporarily fell below $70,000, erasing gains built over the past 15 months. Over $840 million in leveraged long positions were liquidated during the sell-off. Traders now watch $65,000 support and $72,000 resistance for direction. Bitcoin has suffered one of its sharpest corrections in recent years, wiping out roughly 15 months of bull market gains in a swift and brutal sell-off. The world’s largest cryptocurrency temporarily plunged below the psychologically important $70,000 level, shocking traders who had grown accustomed to sustained upside momentum. The move did not happen in isolation, as it was accompanied by heavy liquidations, weakening sentiment, and…