The post Bitcoin Price Slides to $70,000 as Glassnode Says ‘BTC Bears Are in Control’—$50,000 at Risk? appeared first on Coinpedia Fintech News Bitcoin is printing massive bearish candles for the third consecutive day, dragging the price down by more than 10% this week. The BTC price hit an intraday low very close to $70,000, but it did not attract strong buying volume. This raises the possibility of the start of the bearish phase, and the data from …

The post Why Is the Crypto Market Crashing Today? appeared first on Coinpedia Fintech News The crypto market is going through a sharp downturn. The total value of all cryptocurrencies has fallen close to $2.31 trillion, a level last seen in April 2025. In just 22 days, the market has lost more than $900 billion, showing how fast prices have dropped. Bitcoin and Ethereum Price Crash Are Dragging the Market …

The post Trump-Linked World Liberty Financial Under Fire After UAE Investment appeared first on Coinpedia Fintech News A new crypto-linked political controversy has erupted in Washington after a reported $500 million investment from a UAE royal–connected group in World Liberty Financial, a project tied to the Trump family. Following this, U.S. Representative Ro Khanna has launched an investigation, raising concerns over possible conflicts of interest and national security risks. Rep. Ro Khanna …

The post Bitcoin ETFs See $545M Outflows While XRP Gains $4.83M appeared first on Coinpedia Fintech News On February 4, U.S. spot Bitcoin ETFs recorded total net outflows of $545 million, with BlackRock’s iShares Bitcoin Trust (IBIT) seeing the largest single‑day withdrawal at about $373 million. Spot Ethereum ETFs also saw net outflows of $79.48 million, reflecting continued selling pressure in major crypto funds. In contrast, XRP spot ETFs attracted net inflows …

The post Grant Cardone Buys More Bitcoin at $72K appeared first on Coinpedia Fintech News Grant Cardone confirmed that his firm, Cardone Capital, has bought more Bitcoin at around $72,000 per coin, adding to its growing institutional crypto holdings as part of a hybrid strategy that blends real estate cash flow with long‑term BTC accumulation. He used recent announcements to challenge investors waiting for lower prices to buy, telling them …

The post BitMine Faces $7.4 Billion Ethereum Losses appeared first on Coinpedia Fintech News BitMine Immersion Technologies, led by Tom Lee, is reporting over $7.4 billion in unrealized losses on its 4.285 million ETH holdings, bought at an average of $3,830 per coin, now worth below $2,100, while Ethereum has fallen below current levels. Despite these paper losses, the company continues its Ethereum treasury strategy, adding more ETH during …

The post XRP Price Drops 10% as Leverage Dries Up and Whale Activity Remains Absent appeared first on Coinpedia Fintech News XRP price saw a sharp downside pressure during the latest session, dropping close to 10% before stabilizing near intraday lows. The move unfolded alongside broader market weakness, but on-chain data shows XRP’s decline is being driven less by panic selling and more by a structural reset in positioning. As price slipped, leverage exited aggressively, and …

The post Scott Bessent: Treasury Won’t Bail Out Bitcoin appeared first on Coinpedia Fintech News U.S. Treasury Secretary Scott Bessent told Congress the government has no power to bail out Bitcoin or force private banks to buy it. In response to questioning by crypto critic Rep. Brad Sherman, Bessent stressed that interventions in Bitcoin markets are not part of the Treasury’s authority. He also confirmed that the U.S. will retain …

The post Vitalik Buterin Sells 3,000 ETH Amid Market Dip appeared first on Coinpedia Fintech News Over the past three days, Vitalik Buterin sold roughly 2,961.5 ETH, worth about $6.6 million, at an average price of $2,228 per coin, with selling still ongoing. On-chain data from his Gnosis Safe wallet shows repeated WETH outflows via CoW Protocol into tokens like USDC and GHO. The sales are a small portion of his …

The post XRP Drops 10% After Breaking Key Support appeared first on Coinpedia Fintech News XRP dropped 10.08% to $1.43, underperforming the broader crypto market’s 7.18% decline and falling 23.85% over the past seven days. The drop followed a break below the critical $1.60 support, triggering automated selling and hitting the lowest price since November 2024. Bitcoin’s 6% decline and a global tech sell-off added pressure. Despite this, social sentiment …