CEO Of BitRiver Reportedly On House Arrest Amid Tax Evasion Charges

A Moscow court has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest as investigators pursue tax evasion charges. The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion.  According to reports from local media outlets such as RBK…

Bitcoin Coinbase Premium Hits 12-month Low as Trader Sees Further Drop

Bitcoin (BTC) extended its weakness into the low-liquidity weekend trading session, with BTC slipping to a five-week low of $86,000 on Sunday. The cryptocurrency could potentially retest its macro low of $66,000 over the coming weeks, a key support level from November 2024. Key takeaways: Bitcoin dropped below $87,000 on Sunday as its momentum weakened….

Bitcoin ETF Investors Underwater After $2.8B Outflow Wave

Bitcoin is trading below the average cost basis of US spot Bitcoin ETFs after they recorded their second and third-biggest outflow weeks last month, according to Galaxy’s head of research, Alex Thorn. The total assets under management for US Bitcoin ETF products are approximately $113 billion, according to Coinglass, and they collectively hold around 1.28…

Crypto Bridge Protocol CrossCurve Exploited for $3M

Update (Feb. 2, 12:20 am UTC): This article has been updated to add a post by CrossCurve CEO Boris Povar. Crypto protocol CrossCurve said its cross-chain bridge has been attacked, with $3 million reportedly stolen across multiple networks. CrossCurve posted to X late on Sunday that its bridge was “under attack, involving the exploitation of…

Crypto PAC Reports $193M after Donations from Ripple, Coinbase, a16z

Crypto-backed political action committees (PACs) are gearing up for the 2026 US midterm elections, with industry-funded groups signaling plans to expand their influence as debates over digital asset regulation intensify on Capitol Hill. Fairshake, the cryptocurrency industry-backed PAC, disclosed on Wednesday holding $193 million in cash on hand ahead of this year’s US midterm elections….

Bitcoin-to-Gold Bottom Fractal is Breaking as BTC Looks for a Bottom

For years, Bitcoin (BTC) traders have watched its price relative to gold (XAU) for clues on when BTC bottoms in US dollar terms. But in 2026, that BTC-to-gold signal is starting to look less dependable. Key takeaways: Bitcoin hits undervaluation versus gold and has slipped below its Power Law trend. BTC/XAU is already under the…

Bitcoin’s ‘hopium’ for bulls is over and this weekend’s slide may be just the beginning

Bitcoin’s price sank sharply over the weekend, sliding below $78,000 — its lowest level since April — as profit-taking collided with thinning liquidity and a scarcity of fresh buyers. Traders told CoinDesk that a rally once backed by corporate demand, particularly from Strategy’s (MSTR) bitcoin purchases, has run out of steam, leaving markets vulnerable to…

US Winter Storm Hits Bitcoin Miner Production, Data Shows

New data is providing a clearer picture of how January’s US winter storm affected Bitcoin mining operations, showing that daily production among publicly traded miners dropped sharply during the disruption. The storm swept across large parts of the continental United States, prompting miners to curtail operations amid grid stress, snow, ice and extreme cold, and…

US Senators Challenge Deputy AG Over Crypto Taskforce Shutdown

Six US senators have challenged Deputy Attorney General Todd Blanche for shutting down the Department of Justice’s cryptocurrency enforcement team in April last year while holding substantial amounts of cryptocurrency at the time.  Blanche disbanded the DOJ’s National Cryptocurrency Enforcement Team in April 2025, several months after Donald Trump was inaugurated as US president following…

Improving ETH Fundamentals May Signal An Ether Price Recovery

Key takeaways: Ethereum reached 16.4 million weekly transactions, proving fees can stay below $0.20 during high demand. Decentralized exchange volume across the Ethereum ecosystem hit $26.8 billion, signaling a return of investor interest. Ether (ETH) experienced a 15.9% price correction during the seven days ending Sunday. This volatility triggered $910 million in liquidations for bullish…