Invest ideasNews
2 Feb 2026, 11:27
BNB price forecast: Will BNB reclaim the $800 level soon?
BNB, the native coin of the Binance ecosystem, has lost 5% of its value in the last 24 hours as the broader cryptocurrency market continues to suffer. The coin briefly dropped below $750 earlier today, but has slightly rebounded and is now trading at $764. The risk-averse conditions among traders lead to massive liquidations and a bearish shift in derivatives buildup. Technical indicators suggest that BNB’s support level at $735 could hold, which could see it rally higher in the near term. BNB derivatives market turns bearish BNB, similar to other leading cryptocurrencies, is experiencing a bearish derivatives market. According to CoinGlass , BNB’s futures Open Interest (OI) declined by over 6% in the last 24 hours, reaching $1.19 billion, indicating a steady decline in the value of outstanding contracts and consistent with risk-off sentiment in the market. Furthermore, long liquidations for BNB hit $4.65 million over the last 24 hours, compared with $313,090 for shorts, suggesting a larger wipeout of bullish positions. Its 15% decline in the last seven days makes BNB one of the worst performers among the top 10 cryptocurrencies by market cap. While it maintains its position as the 4th-largest cryptocurrency by market cap, its price is down 44% from the $1,370 all-time high it recorded in October 2025. BNB’s market cap of $104 billion is also significantly lower than the $190 billion it recorded four months ago. BNB’s funding rate has also flipped negative, indicating that the bears are currently in control of the market. Technical outlook: Will the $735 support level hold? The BNB/USD 4-hour chart, similar to other major cryptocurrencies, is bearish. It is down by more than 5% in the last 24 hours and is now trading at $764 per coin. The exchange token is currently significantly below the downward-sloping 50-day Exponential Moving Average (EMA) at $881 and the 200-day EMA at $880. The chart risks a Death Cross pattern as the two EMAs inch closer to each other. If the Death Cross happens, it would serve as a strong sell signal for traders. Currently, the 4-hour Moving Average Convergence Divergence (MACD) moves below the signal line, suggesting accelerating bearish momentum. Meanwhile, the RSI (Relative Strength Index) at 31 enters the oversold region, indicating heightened selling pressure. If the selloff continues and BNB fails to hold the $735 support level in the near term, BNB could revisit the February 2025 low at $500. However, the bulls would likely defend the $735 support, with another major support level at $620 also a possibility for a recovery. On the flipside, a reversal from the current $735 support level could see BNB rally towards the $829 resistance zone. However, the Transactional Liquidity (TLQ) at $788 could provide stiff resistance in the near term. The post BNB price forecast: Will BNB reclaim the $800 level soon? appeared first on Invezz
2 Feb 2026, 11:27
Alert: Bitcoin Sinks Below $75K Amid Gold Correction – Safe-Haven Shakeout or Buying Opportunity This Week?
Is the writing on the wall for Bitcoin, as it sinks ever closer to the top of the previous 2021 bull market? Is gold now leading the way down, or is this just a huge corrective move that is about to catapult both assets back to the upside? Gold bounces after falling like a stone Source: TradingView The most incredible corrective impulse for gold over such a short time frame has not been seen in modern history. From a $5,600 high, the gold price has fallen like a stone in only three days, to plunge down to $4,400 - a 21% cascade. While what could be a formidable bounce is now taking place, it has to be wondered how the gold price could have plummeted to such depths in such a short period of time? That said, it can be seen in the price chart above that the $4,400 horizontal support has held, and now the price is also receiving support from an ascending trendline. The gold price could well continue to go up from here, and given the current extreme global geopolitical uncertainty, a return to the highs may not take too long to happen. So what about Bitcoin? Could Bitcoin be about to take over from gold? Source: TradingView Although not directly correlated with gold, the general consensus among analysts is that the $BTC price will generally follow gold, but after a potential time lag of around 3 to 6 months. So far, this period only amounts to around 6 weeks, so we are potentially only half way through gold’s outperformance in relation to Bitcoin. That said, a ratio chart of BTC to gold might suggest that this outperformance could be coming to an end. At least in the short term chart for $BTC , a current rally may signal that things could change, although the price does not have far to go in order to gain the horizontal support line that runs across to the top of the 8-month bull flag that was in force for the greater part of 2024. Potential Wyckoff distribution reaches the ‘spring’ stage Source: @MartyParty X.com Marty Party, chart analyst on X, has the thesis that the $BTC price action over recent weeks is conforming to a Wyckoff distribution pattern. If his thesis is correct, the all-important ‘Spring’ has been triggered, and this should see Bitcoin begin its next rally. Whether or not this happens still remains to be seen. Positives in the daily chart Source: TradingView The daily time frame has some positives if one puts aside the breakdown out of the bear flag. Among these are that the $BTC price looks to be bouncing from the strong $73,600 horizontal support. Also, if one looks at the Stochastic RSI indicators, it can be seen that they are posturing for a move up from the bottom, and the RSI is signalling hidden bullish divergence, with the indicator line in an oversold condition that rarely dips this far. Bear market, or heavy correction? Source: TradingView The double bottom that has been discussed in previous articles may have been surpassed. However, another much bigger double bottom has come into play instead. This corresponds to the price bottom of the falling wedge back in April 2025. If this is not enough, very strong horizontal support, at $73,600, and down to $69,000 , is likely to take a lot of downward pressure from the bears to make it give way. The Stochastic RSI indicators in the weekly time frame have also been mentioned frequently in past articles. It was thought that once these rolled over, which they are now doing, that would signal an entry into the bear market. This could be happening. That said, the indicators have crossed down extremely quickly, and may even be ready to cross back up as soon as next week. Is this a bear market, or is it perhaps a heavy correction that is still finding a bottom? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 Feb 2026, 11:25
Bitmine ETH Losses: Staggering $6.9B Unrealized Deficit Shakes Crypto Confidence
BitcoinWorld Bitmine ETH Losses: Staggering $6.9B Unrealized Deficit Shakes Crypto Confidence Institutional cryptocurrency giant Bitmine now confronts a staggering $6.9 billion unrealized loss on its Ethereum holdings, according to recent market analysis. This substantial deficit represents a critical moment for institutional crypto investment strategies. The company’s current ETH portfolio valuation stands at $9.2 billion, marking a dramatic 41% decline from its original $15.7 billion investment. This development emerges during a period of significant market recalibration across global digital asset markets. Bitmine ETH Losses: Analyzing the $6.9 Billion Deficit The reported $6.9 billion unrealized loss represents one of the largest institutional cryptocurrency paper losses in recent history. Unrealized losses differ fundamentally from realized losses because they reflect current market value versus acquisition cost without actual asset sales. Consequently, these figures indicate potential future financial impacts rather than immediate cash flow consequences. Market analysts consistently monitor such metrics to gauge institutional health and market sentiment. Bitmine’s Ethereum holdings currently total approximately $9.2 billion in market value. This valuation represents a substantial decline from the company’s total investment of roughly $15.7 billion. The 41% decrease highlights significant market volatility affecting even major institutional players. Several factors contribute to this situation including broader market trends, regulatory developments, and technological transitions within the Ethereum ecosystem itself. Market data reveals that institutional cryptocurrency investments face increasing scrutiny during market downturns. The CryptoPotato report provides crucial transparency about Bitmine’s position. Furthermore, similar patterns appear across other major institutional holders during the same period. This parallel movement suggests systemic factors rather than isolated portfolio management issues. Ethereum Market Context and Historical Performance Ethereum’s market performance directly influences Bitmine’s unrealized losses. The Ethereum network recently completed its transition to proof-of-stake consensus. This technological shift created both opportunities and uncertainties for large-scale holders. Market analysts observe that institutional investment timing significantly impacts unrealized gain or loss positions. The cryptocurrency market experienced substantial volatility throughout recent quarters. Several key events contributed to this environment: Regulatory developments in major economies created uncertainty Macroeconomic factors including interest rate adjustments affected risk assets Technological transitions within blockchain networks introduced new variables Market liquidity changes altered trading dynamics across exchanges Historical data shows that Ethereum has experienced similar percentage declines during previous market cycles. However, the absolute dollar amount of Bitmine’s unrealized loss represents unprecedented scale for institutional holdings. This magnitude draws particular attention from both traditional finance observers and cryptocurrency analysts. Institutional Cryptocurrency Investment Strategies Bitmine’s situation illustrates broader trends in institutional digital asset management. Major investment firms typically employ specific strategies for cryptocurrency exposure. These approaches often include dollar-cost averaging, portfolio diversification, and long-term holding patterns. The current unrealized loss suggests either strategic holding during market downturns or constrained exit options due to position size. Institutional investment in cryptocurrency follows different patterns than retail participation. Large holders must consider market impact costs, regulatory compliance, and custody solutions. These factors influence both entry and exit strategies. Consequently, unrealized losses for institutional players may persist longer than typical retail positions due to execution complexities. The table below illustrates key metrics of Bitmine’s Ethereum position: Metric Value Percentage Change Original Investment $15.7 billion N/A Current Market Value $9.2 billion -41% Unrealized Loss $6.9 billion N/A ETH Price Decline Needed Approximately 44% From acquisition average Market Impact and Broader Implications The scale of Bitmine’s unrealized losses carries significant implications for cryptocurrency markets. Large institutional positions influence market liquidity and price discovery mechanisms. When major holders face substantial paper losses, several market effects typically emerge. These include reduced trading activity, increased hedging demand, and potential contagion effects across related assets. Market analysts note that unrealized losses of this magnitude may affect Bitmine’s operational decisions. The company might adjust its risk management protocols or portfolio rebalancing strategies. Additionally, regulatory scrutiny often increases when institutional losses reach notable thresholds. Financial authorities monitor such developments for systemic risk indicators. The cryptocurrency investment landscape continues evolving amid these developments. Institutional participants increasingly demand sophisticated risk management tools. They also seek clearer regulatory frameworks for digital asset holdings. These market participants typically advocate for improved transparency and reporting standards across the industry. Comparative Analysis with Traditional Finance Bitmine’s situation invites comparison with traditional financial market scenarios. Unrealized losses occur regularly across various asset classes including stocks, bonds, and commodities. However, cryptocurrency markets exhibit distinct characteristics including higher volatility and different market structure. These differences make direct comparisons challenging but provide valuable context. Traditional investment firms occasionally experience similar percentage declines in specific positions. The technology sector particularly demonstrates comparable volatility patterns historically. However, the absolute dollar magnitude of Bitmine’s unrealized loss places it among notable financial events. This scale attracts attention from both cryptocurrency specialists and traditional financial analysts. Several factors differentiate cryptocurrency unrealized losses from traditional market scenarios: Market hours : Cryptocurrency markets operate continuously without closures Regulatory frameworks : Digital assets face evolving rather than established regulations Valuation methodologies : Cryptocurrency valuation approaches continue developing Custody solutions : Digital asset security presents unique challenges Future Outlook and Market Recovery Scenarios Bitmine’s unrealized losses represent a snapshot rather than a final outcome. Cryptocurrency markets historically demonstrate cyclical recovery patterns following significant declines. Market analysts monitor several indicators for potential trend reversals. These include trading volume patterns, derivative market positioning, and macroeconomic factor alignment. The Ethereum network’s ongoing development provides fundamental support potential. Network upgrades continue enhancing scalability, security, and sustainability. These improvements may positively influence market valuation over extended periods. Additionally, growing adoption across decentralized applications and institutional use cases supports long-term valuation arguments. Market recovery scenarios depend on multiple converging factors. Regulatory clarity remains crucial for institutional participation. Technological advancements must continue delivering tangible improvements. Macroeconomic conditions need stabilization for risk asset appreciation. These elements collectively influence cryptocurrency market trajectories including Ethereum’s price recovery potential. Conclusion Bitmine’s $6.9 billion unrealized loss on Ethereum holdings represents a significant development for institutional cryptocurrency investment. The scale of these Bitmine ETH losses highlights both market volatility and position magnitude considerations. This situation demonstrates the inherent risks within digital asset markets even for sophisticated institutional participants. Market observers will monitor how Bitmine manages this position through potential recovery periods. The broader implications for institutional cryptocurrency adoption and risk management practices remain substantial. Ultimately, this development underscores the importance of robust risk frameworks within evolving digital asset markets. FAQs Q1: What exactly are unrealized losses in cryptocurrency investing? Unrealized losses represent the difference between an asset’s current market value and its original purchase price when the asset remains unsold. These are paper losses rather than actualized financial impacts, becoming realized only upon sale at current prices. Q2: How does Bitmine’s 41% decline compare to overall Ethereum market performance? Bitmine’s 41% decline from its investment basis roughly aligns with Ethereum’s peak-to-current performance during similar periods, though exact timing differences create variation. The $6.9 billion magnitude reflects both percentage decline and substantial initial investment scale. Q3: Can unrealized losses recover without selling the assets? Yes, unrealized losses can completely recover if asset prices rebound above purchase levels. Many institutional investors maintain positions through market cycles anticipating eventual recovery, though this strategy carries continued risk if prices decline further. Q4: What factors typically influence large institutional cryptocurrency positions? Major factors include regulatory developments, market liquidity conditions, portfolio rebalancing needs, risk management protocols, custody considerations, tax implications, and overall investment strategy alignment with market outlook. Q5: How might Bitmine’s situation affect other cryptocurrency investors? Bitmine’s substantial position and unrealized losses may influence market sentiment, liquidity conditions, and regulatory attention. However, individual investor situations vary significantly based on entry points, position sizes, and risk tolerance levels. This post Bitmine ETH Losses: Staggering $6.9B Unrealized Deficit Shakes Crypto Confidence first appeared on BitcoinWorld .
2 Feb 2026, 11:20
Bcon Global Launches Non-Custodial Crypto Payment Gateway for Direct Wallet Payments
New York, NY, USA — January 31, 2026 Bcon Global has launched a non-custodial crypto payment gateway that allows businesses to accept crypto payments directly to their own wallets. The platform enables companies to pay with cryptocurrency and receive payments crypto on-chain without custody, KYC, or third-party access to funds. Bcon is designed for businesses seeking full control over cryptocurrency payment flows without relying on banks or custodial processors. Non-Custodial Crypto Payment Infrastructure Bcon Global operates as a true non custodial gateway and crypto payment system. The platform does not store user funds, private keys, or balances. To accept cryptocurrency payments, merchants only need to connect a public wallet address. Every crypto payment is sent directly on-chain to the merchant’s wallet. This architecture removes intermediaries from the payment crypto process and reduces the risk of freezes, delays, or external restrictions. Businesses retain full ownership of their funds while accepting cryptocurrency globally. Accept Crypto Payments on Websites and Applications The gateway allows companies to accept crypto payments on websites, SaaS platforms, and custom applications. Businesses can accept cryptocurrencies using hot wallets, cold storage, or hardware wallets. Customers can pay in cryptocurrency using widely adopted wallets such as MetaMask, Trust Wallet, Ledger, Trezor, Exodus, and Electrum. This approach simplifies how to accept crypto payments while maintaining compatibility with existing wallet infrastructure. Crypto Payment API and Payment Automation Bcon Global provides a scalable crypto payment API and crypto payments API for developers and businesses. The API supports invoice creation, payment tracking, balance verification, and on-chain confirmations. Invoices can be issued in fiat currency, while the system automatically calculates the cryptocurrency payment amount using real-time exchange rates. Webhooks notify merchants about payment status updates, enabling seamless crypto integration with internal systems, accounting tools, and digital services. The platform also supports crypto payment links and cryptocurrency links for payment, allowing businesses to request payments via email, messengers, or invoices. E-commerce and CMS Integrations Bcon Global offers a crypto payment plugin for ecommerce platforms, enabling fast deployment without complex development. Available integrations include: WordPress crypto payment plugin Cryptocurrency plugins for Opencart Merchants can also accept crypto on WHMCS and Shopify using crypto payment integrations . These tools allow businesses to start accepting cryptocurrency payments with minimal setup. For advanced use cases, developers can build custom payment flows using the crypto payment gateway API. Multi-Blockchain and Stablecoin Support Bcon Global supports payments crypto across multiple blockchains, including Bitcoin, Ethereum, BNB Smart Chain, Solana, and TRON. Stablecoin transactions are supported for USDT, USDC, USDS, and TUSD. All cryptocurrency payment transactions are transparent and verifiable through public blockchain explorers, ensuring on-chain proof and auditability. Pricing Model The platform applies a flat 1% fee only to transactions processed through the API. Payments sent directly to the merchant wallet outside the system are not affected. There are no setup fees, monthly subscriptions, or minimum transaction volumes. This pricing structure allows businesses to scale their crypto payment solution without hidden costs. Use Cases and Availability Bcon Global is designed for businesses, freelancers, and developers looking to accept crypto payment and accept cryptocurrency payments globally. Common use cases include e-commerce, subscription services, digital products, marketplaces, and peer-to-peer payments. The service is available worldwide and supports international transactions without traditional banking infrastructure. About Bcon Global Bcon Global is a non-custodial crypto payment gateway that enables direct on-chain cryptocurrency payments to user-controlled wallets. The platform provides infrastructure for accepting crypto payments without intermediaries, custody, or identity verification. Media Contact:Kevin Palmer Email: [email protected] Social Media Links X | Facebook | Telegram Website: https://bcon.global/ Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 Feb 2026, 11:16
Kevin Warsh’s Impact Shakes Up Cryptocurrency Markets
Bitcoin fell to $74,604, deviating from the anticipated CME gap path. Kevin Warsh's potential Fed Chair role incurs risk market contraction. Continue Reading: Kevin Warsh’s Impact Shakes Up Cryptocurrency Markets The post Kevin Warsh’s Impact Shakes Up Cryptocurrency Markets appeared first on COINTURK NEWS .
2 Feb 2026, 11:16
Binance moves 1,315 BTC in internal reserve reclassification into SAFU Fund
Crypto exchange Binance has transferred roughly $100 million in Bitcoin to its Secure Asset Fund for Users (SAFU). On-chain data indicates that approximately 1,315 BTC was transferred in one transaction from a Binance-labeled hot wallet to a known SAFU address early Monday. The transfer appeared internal, with no interaction with external wallets. This suggests a reclassification of the treasury fund rather than a market trade. The movement puts the SAFU Fund back in the spotlight as participants in the market monitor wallets linked to the exchange. While the transaction does not confirm the purchase of new Bitcoin, it is a sign that Binance has started allocating existing BTC holdings to the user protection reserve. According to blockchain records , just before the Bitcoin transfer, the wallet labeled as the Binance SAFU Fund changed the authorization at 07:13 UTC. The transaction added two new addresses to the approved recipient whitelist. Bitcoin allocation signals internal capital reclassification At 08:06 UTC, the SAFU Fund address received about 1,315 BTC, worth about $100.7 million at the time. The direct transfer implies that Binance is allocating Bitcoin that it already holds, effectively ring-fencing some of its reserves as designated user protection capital. Binance SAFU Fund just bought 1,315 $BTC ($100.7M). https://t.co/WwuOOWlMjj pic.twitter.com/jyGjUtY9bd — Lookonchain (@lookonchain) February 2, 2026 Importantly, on-chain data does not reveal stablecoin sales associated with this transaction. That detail debunks speculation that Binance will move immediately as a massive buyer of Bitcoin on the spot in its wake. Instead, the exchange seems to concentrate on internal accounting changes before any external market activity. The company did not mention customer withdrawals or yield generation and placed SAFU strictly as an internal safety buffer. Historically, the SAFU Fund was launched in 2018 after security issues. Reserve plan sets threshold Binance confirmed on January 30 that it plans to convert the SAFU Fund into a Bitcoin reserve within 30 days. The exchange stated in the move that it is doing so to swap stablecoin holdings for Bitcoin to provide additional protection for users during volatility periods. The plan sets a floor valuation of $800 million, with Binance pledging to add some Bitcoin if reserves drop below the level. The exchange noted, “Guided by our belief that BTC serves as the core asset in the crypto ecosystem and represents long-term value, Binance will continue to stand alongside our industry through market cycles and uncertainty, continuously investing resources into the crypto ecosystem.” Notably, the exchange is pegged to proof of reserves, implying that there are approximately 162.8 billion fully supported user assets among 45 cryptoassets. Besides this, Binance announced operational actions to protect users and risk management. The exchange has settled 38,648 incorrect deposit recoveries totaling $48 million, cumulatively recovering over $1 billion. Binance also stated that risk controls supported 5.4 million users and prevented around $6.69 billion of scam-related losses. The exchange also reported that cooperation with global law enforcement led to the seizure of $131 million in illicit funds. If you're reading this, you’re already ahead. Stay there with our newsletter .
