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Author: James Wilson
Pi Network price continued its strong downward trend this week and is nearing its lowest level on record as traders anticipated a big token unlock this week. Summary Pi Network price continued its strong downward trend last week. The network will unlock 82 million tokens in the next seven days. A potential catalyst for the coin is Kraken listing. Pi Coin (PI) token was trading at $0.1450 on Sunday, a few points above the all-time low of $0.1305. It has dropped by over 90% from its all-time high, erasing billions of dollars in value. Pi token may come under pressure…
Tether has built a portfolio of 140 investments spanning sectors from South American agriculture to a stake in Italian football club Juventus, according to a Financial Times report. Summary Tether holds 140 investments, from agriculture to Juventus, funded by USDT profits. The stablecoin giant plans 150 new hires as it builds a global “freedom tech stack.” Political ties and a $500B valuation push raise scrutiny over transparency and audits. The world’s largest stablecoin issuer expanded its workforce to 300 employees and plans to add another 150 staff over the next 18 months, mostly engineers. CEO Paolo Ardoino presented Tether’s vision…
Bitwise advisor Jeff Park attributed the February 5 crypto selloff to multi-asset portfolio deleveraging rather than crypto-specific factors. Summary February 5 selling was driven by multi-asset fund deleveraging, not crypto-native fear. CME basis trades unwound violently as pod shops de-grossed across portfolios. Short gamma and structured product hedging amplified downside despite ETF inflows. IBIT recorded 10 billion in trading volume, doubling its previous high, while options activity hit historic levels led by put contracts rather than calls. The crash saw Bitcoin (BTC) fall 13.2% yet IBIT posted $230 million in net creations with 6 million new shares, bringing total ETF…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Revolut’s fintech expansion across Europe and globally is severely constraining the playing field for European fintech founders. Attempting to build a European-scale fintech — which means competing directly with Revolut — has become extremely challenging, both from a product and marketing perspective. Summary Revolut closed the fintech door — crypto opens a new one: Competing head-on with a 65M-user super-app is a losing game, but Revolut’s relative neglect of crypto creates a rare, defensible opening. MiCA turned…
BlockDag presale finally ends while Remittix sees thousands of holders join its new 300% bonus offer
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockDag closes $453m presale ahead of Feb 16 listing as Remittix surges with 300% bonus and growing investor demand. Summary Remittix raises $28.9m and launches its crypto-to-fiat platform Feb. 9, drawing strong investor attention in 2026. CertiK-audited Remittix gains traction with live wallet access, real-world utility, and a limited 300% bonus offer. Over 703m tokens sold as Remittix positions itself as a leading PayFi project bridging crypto and fiat payments. The crypto market is buzzing, especially with the recent…
Bitcoin price entered Friday under pressure as $2.1 billion in options contracts approach expiry. Summary A large Bitcoin options expiry is approaching with limited upside support. Most call positions sit far above current prices, reducing hedging demand. Traders are watching whether $60K can hold after the contracts settle. Bitcoin is facing another key test as a large batch of derivatives contracts reaches maturity. Bitcoin options worth about $2.1 billion are set to expire at 8:00 a.m. UTC on Feb. 6, according to data from Deribit. About 34,000 contracts are covered by the expiry, which comes at a time when market…
In a sign of the times, Gemini, the crypto exchange founded by billionaires Tyler and Cameron Winklevoss, is making significant cutbacks. Summary Gemini will lay off up to 200 employees and shut down services in the UK, EU, and Australia amid a downturn in the crypto market and ongoing struggles to gain market share. Despite the challenges, Gemini is focusing on gambling: Gemini Predictions. The new prediction market platform has processed over $24 million in volume since its launch in December 2025, aiming for future growth. The company is reportedly slashing up to 25% of its workforce and shutting down…
In a sign of the times, Gemini, the crypto exchange founded by billionaires Tyler and Cameron Winklevoss, is making significant cutbacks. Summary Gemini will lay off up to 200 employees and shut down services in the UK, EU, and Australia amid a downturn in the crypto market and ongoing struggles to gain market share. Despite the challenges, Gemini is focusing on gambling: Gemini Predictions. The new prediction market platform has processed over $24 million in volume since its launch in December 2025, aiming for future growth. The company is reportedly slashing up to 25% of its workforce and shutting down…
The Trump family isn’t done with memes. The U.S. president’s media group, Trump Media & Technology Group (TMTG), announced its “Digital Token Initiative” this week. Shareholders of TMTG, according to the release, will soon be eligible to receive a digital token linked to the MAGA-focused Truth Social platform. These tokens can’t be transferred, exchanged for cash, or traded on Polymarket—yet. Still, Polymarket traders are betting a 27% chance Trump will launch a full-fledged cryptocurrency before the year is out. Summary Shareholders of TMTG will soon be eligible to receive a digital token linked to the MAGA-focused Truth Social platform. These…
Solana price has broken below the $100 level for the first time in ten months, putting the market’s focus squarely on whether the next layer of support can hold. Summary Solana fell to $98, its lowest price since April 2025, extending a sharp multi-week downtrend. Weak volume, falling open interest, and oversold indicators suggest capitulation rather than aggressive shorting. Technical structure remains bearish unless bulls reclaim $100 and short-term moving averages. As selling pressure continues to build throughout the crypto market, Solana has fallen below $100, bringing the token to its lowest level in about ten months. SOL was trading…
