Invest ideasNews
3 Feb 2026, 10:27
Bitcoin (BTC) Stopped at $79K, Hyperliquid (HYPE) Rockets by Double Digits: Market Watch
After charting a new nine-month low beneath $75,000, bitcoin’s price rebounded in the past 24 hours but failed at $79,000, and now sits inches below it. Aside from HYPE and CC, both of which have posted notable gains within the same timeframe, most other larger-cap alts are quite sluggish. BTC Capped at $79K It has been a tough week for the primary cryptocurrency, and there were little to no indications by last Wednesday about how grim the situation could get. On Wednesday, the asset tapped $90,000 but was stopped there and began its gradual descent after the US Fed paused the interest rate cuts. The escalating tension in the Middle East was blamed for Thursday’s substantial crash when BTC slumped to a multi-month low of $81,000. It rebounded on Friday and early Saturday to $84,000, while the precious metal market crashed, but the situation worsened once again during the weekend. In a rather untypical manner for a Saturday afternoon and evening, bitcoin crumbled from $83,000 to $76,000. It regained some traction on Sunday but crashed again on Monday morning to under $75,000 – the lowest level since April last year. It bounced off in the following hours and challenged $79,000, where it was stopped and now sits below it. Its market cap is down to $1.560 trillion, while its dominance over the alts on CG is up to 57.7%. BTCUSD Feb 3. Source: TradingView HYPE on the Run Most larger-cap alts followed bitcoin on the way south over the past several days. Ethereum was hit very hard, dropping from over $3,000 toward $2,100. Despite rebounding since then, it still struggles below $2,300. XRP, TRX, and XLM are slightly in the red, while SOL, BNB, ADA, and BCH have posted insignificant gains. HYPE has stolen the show once again, surging by 19% to $37. CC is the other big gainer with a 8% pump to over $0.19. The total crypto market cap has regained $70 billion since yesterday’s low and is above $2.7 trillion on CG now. Cryptocurrency Market Overview Daily Feb 3. Source: QuantifyCrypto The post Bitcoin (BTC) Stopped at $79K, Hyperliquid (HYPE) Rockets by Double Digits: Market Watch appeared first on CryptoPotato .
3 Feb 2026, 10:26
ARK Invest buys $32.7M Robinhood shares as crypto stocks slide
Cathie Wood’s ARK Invest has increased its position in Robinhood Markets and invested $32.7 million into the stock across multiple funds during a market-wide downturn in crypto-related equities. According to Ark Invest Tracker, the firm purchased 235,077 shares of Robinhood, spread across its ARK Innovation ETF (ARKK) and ARK Fintech Innovation ETF (ARKF). The latest trade follows a pattern of accumulating Robinhood stock amid selloffs, reinforcing the company’s status as a core holding across ARK’s funds. As of Feb. 3, HOOD ranked as the eighth-largest holding in ARKK with a 3.96% weighting worth approximately $262.4 million, while it stands as the sixth-largest and seventh-largest holding in ARKW and ARKF with respective weightings of 4.4% and 4%. Altogether, ARK Invest deployed roughly $72 million on Thursday into crypto-linked stocks as digital asset prices extended their decline. Bitcoin briefly dipped below $75,000 during the session, triggering fresh losses across the sector and setting the stage for ARK’s dip-buying strategy. As of the latest reading, HOOD was trading 9.62% lower at $88.67, with BitMine, Circle, and Bullish also in the red—down 9.16%, 8%, and 4.47%, respectively. ARK has also acquried $14.6 million in CoreWeave, $9.4 million in Circle Internet, $6.3 million in Bitmine Immersion Technologies, $6 million in Bullish, $1.9 million in Block Inc., and $1.3 million in Coinbase. ARK continues buying the dip ARK’s continued rebalancing comes just a month after a similar set of buys. On Dec. 2, the firm added $7.5 million worth of Coinbase shares to ARKK, while also increasing positions in Robinhood and Bullish. This followed a $30 million deployment in November, which included $13.4 million in Block, $7.5 million in Circle, and nearly $4 million in Coinbase, coinciding with an earlier stretch of market weakness as crypto equities fell in response to macro pressures. ARK has maintained a consistent strategy of leaning into weakness, with Cathie Wood often citing bitcoin’s lower correlations to traditional asset classes as a long-term strength. ARK also limits any single position from exceeding 10% of a fund’s weighting, which means volatile stocks like Coinbase are subject to regular adjustment as their values fluctuate. ARK files for new ETF product Recently, the investment firm also filed with US regulators to launch two crypto index ETFs based on the CoinDesk 20 . Both funds would use futures contracts rather than hold crypto directly, with one offering broad exposure including Bitcoin, Ethereum, Solana, XRP, and Cardano, and the other excluding Bitcoin entirely by using offsetting futures positions. Both ETFs are expected to list on NYSE Arca, expanding ARK’s product lineup as competition intensifies in the crypto-linked ETF space. The post ARK Invest buys $32.7M Robinhood shares as crypto stocks slide appeared first on Invezz
3 Feb 2026, 10:25
Three New Cardano ETFs Coming to Wall Street: Details
More Cardano ETF products are coming to national exchanges through Volatility Shares.
3 Feb 2026, 10:24
KLab Doubles Down on Digital and Physical Gold, Igniting ‘Dual Gold Treasury’: Is $SUBBD the Next Frontier?
Ripples came through both the traditional and digital asset markets. Tokyo Stock Exchange Prime-listed gaming giant KLab (KLab) announced its latest strategic acquisition : an additional 9.65 $BTC and 2,955 units of physical gold. This significant investment, totaling 200M yen, underscores KLab’s conviction in its ‘Dual Gold Treasury Strategy’, a forward-thinking approach blending the high-growth engine of Bitcoin with the anchor of stability that is physical gold. KLab’s recent purchase brings its total holdings to 22.45 BTC (valued at over 313 million yen) and 8,185 gold shares. By maintaining a strict 60:40 split between Bitcoin and gold, KLab is positioning itself to hedge against inflation while capturing the explosive upside of the digital era. As corporate giants like KLab validate the long-term scarcity of digital assets, the spotlight is shifting toward the next generation of utility-driven platforms. For investors looking to mirror this institutional foresight, the $SUBBD presale offers a ground-floor entry into the $85 billion creator economy. $SUBBD: The AI-Powered Evolution of the Creator Economy While KLab focuses on preserving corporate wealth, $SUBBD is focused on generating it for the next generation of creators and fans. Built on the Ethereum blockchain, $SUBBD isn’t just a token; it’s a comprehensive ecosystem designed to dismantle the high fees and algorithmic restrictions of Web2 platforms. By merging advanced AI tools with decentralized finance (DeFi), $SUBBD empowers creators to own their content, their audience, and their revenue streams. Its mission? To disrupt an $85B market, making everything better for creators and fans alike. Source: SUBBD At the heart of the platform is a suite of AI modules that allow creators to automate the ‘grind.’ From AI influencer avatars and voice cloning to automated video editing, the platform enables creators to scale their output without burnout. For fans, the $SUBBD token serves as the ultimate key to exclusive access. By using $SUBBD to tip, subscribe, or unlock ‘Pay-Per-View’ content, fans remove the banking middlemen, ensuring that more money goes directly to the artists they support. This ‘Patreon-meets-ChatGPT’ model has already attracted over 2,000 creators with a combined reach of 250 million followers, proving that the market is hungry for a decentralized alternative. Already love the sound of it and want in? Check out our ‘How to Buy SUBBD Token’ guide. Strategic Staking and Long-Term Utility: The $SUBBD Value Proposition The true strength of the $SUBBD ecosystem lies in its robust tokenomics and long-term utility. Much like KLab’s disciplined 60:40 strategy, $SUBBD is designed for sustainable growth rather than fleeting hype. The project features a fixed supply of 1B tokens, with a significant portion dedicated to marketing, product development, and, most importantly, staking rewards. Source: SUBBD Investors participating in the current $SUBBD presale can immediately put their tokens to work, earning a fixed 20% APY in staking rewards. This incentive is designed to reward early adopters and stabilize the ecosystem as it moves toward its highly anticipated Token Generation Event (TGE) in 2026. Beyond passive income, $SUBBD holders gain governance rights within a decentralized autonomous organization (DAO), allowing them to vote on platform features and decide which creators get highlighted. As the ‘Dual Gold’ strategy of KLab shows, the future belongs to those who recognize the value of digital scarcity and innovative utility. With its deep focus on the booming creator market and a pre-built audience in the hundreds of millions, $SUBBD is positioning itself as the ‘digital gold’ of social monetization. Our experts can see the potential and predict an end-of-year high of $0.438 . If you invested at today’s price of $0.05749, you could be looking at a potential ROI of 661.87%. Alone, that’s a good return, but you’d also have the benefit of changing an industry. The $SUBBD presale is moving quickly . Don’t miss your chance to secure your stake in the future of digital content.
3 Feb 2026, 10:23
BTC ETFs see $562M in inflows as analysts warn downside risks persist
US spot Bitcoin exchange-traded funds recorded $561.9 million in net inflows on Monday, snapping a four-day run of outflows and marking their strongest single-day intake since mid-January. The reversal in flows came despite continued volatility in Bitcoin prices, underscoring a growing divergence between short-term price action and institutional allocation behaviour. Bitcoin fell to around $75,000 earlier on Monday before rebounding to roughly $78,500 later in the session, still well below levels seen prior to the recent sell-off. The cryptocurrency climbed about 3% on the day after touching a nine-month low, but remains down roughly 39% from its all-time peak of over $126,000 reached in early October, according to data from CoinGecko. ETF inflows led by Fidelity and BlackRock Among US-listed spot Bitcoin ETFs, Fidelity’s FBTC led Monday’s inflows with $153.4 million, followed by BlackRock’s IBIT, which attracted $142 million, according to Farside Investors data. Bitwise’s BITB added $96.5 million in net inflows, while products from Grayscale, Ark & 21Shares, VanEck, Invesco and WisdomTree also reported positive flows. The strong showing on Monday followed two consecutive weeks of net outflows for spot Bitcoin ETFs. The funds shed $1.49 billion last week and $1.33 billion the week before, reflecting heightened investor caution as Bitcoin prices weakened. In contrast to the rebound in Bitcoin ETF flows, spot Ethereum ETFs saw $2.86 million in net outflows on Monday, following outflows of $252.87 million last Friday. Galaxy Digital flags downside risks Despite the pickup in ETF inflows, analysts at Galaxy Digital cautioned that Bitcoin could continue its downtrend, citing a lack of clear catalysts to reverse recent losses. Alex Thorn, the firm’s research lead, said Bitcoin has historically traded below its realised price at the bottom of previous bear markets and has typically found support “around or slightly below” that level before moving higher. Thorn also pointed to the 200-week moving average as a key historical support level. He noted that in each of the last three bull markets, Bitcoin found support near that average after falling below its 50-week moving average. According to Thorn, Bitcoin lost support at its 50-week moving average in November, while the 200-week moving average currently sits near $58,000. “Those levels have historically marked cycle bottoms and made strong entry points for long-term investors,” Thorn said. In a note on Monday, Thorn said there is a “significant chance” that Bitcoin could fall toward $70,000, the bottom of a gap in supply, before potentially testing its realised price of around $56,000, which represents the average cost basis of all Bitcoin in circulation. He added that Bitcoin continues to struggle to trade alongside gold and silver as part of a broader “debasement hedge trade,” with narratives currently working against the asset. Bernstein sees potential bottom near cycle highs A more constructive medium-term view was outlined by analysts at Bernstein, who said Bitcoin could bottom around its prior cycle high in the $60,000 range before staging a recovery, potentially in the first half of the year. The analysts, led by Gautam Chhugani, said the recent downturn follows a period of strong outperformance by gold relative to Bitcoin, with the cryptocurrency’s market capitalisation versus gold approaching a two-year low as central banks ramp up gold purchases. However, Bernstein argued that the current weakness may represent a short-term correction rather than the start of a prolonged bearish cycle. The firm cited strong institutional participation through Bitcoin ETFs, which it said have amassed $165 billion in assets, as well as continued adoption by corporate treasuries. The analysts also pointed to the absence of miner-driven capitulation, a feature of past downturns. Instead, miners have diversified revenue streams toward AI-related data centre activity, reducing reliance on Bitcoin prices alone. Policy dynamics in the US were highlighted as a potential longer-term catalyst, with Bernstein noting the creation of a Strategic Bitcoin Reserve using seized government holdings and possible shifts in Federal Reserve leadership. “We just don’t see a passive US government if the digital asset markets keep sliding,” the analysts wrote. The post BTC ETFs see $562M in inflows as analysts warn downside risks persist appeared first on Invezz
3 Feb 2026, 10:20
FTX users reach settlement with Fenwick over exchange fraud claims
In a major legal shift tied to the collapse of the cryptocurrency exchange FTX, users of the failed platform and Silicon Valley law firm Fenwick & West LLP have agreed to a proposed settlement in a long‑running lawsuit accusing the firm of helping to facilitate the massive fraud that led to the exchange’s downfall. Filed in federal court in Florida, the class‑action lawsuit alleges that Fenwick played a central role in advising FTX in structuring aspects of its business that later enable d the mi suse of customer funds and helped avoid certain regulatory requirements. Plaintiffs said the firm’s “substantial assistance” was integral to the fraud that left millions of users unable to access their assets after FTX collapsed in late 2022. Althoug h the te rms of the settlement have not been publicly disclosed, both sides confirmed in a joint filing that they intend to submit the deal to the court for approval on February 27, 2026. Several individuals raised concerns about the FTX fraud Concerning the proposed settlement, sources with knowledge of the matter, who wished to remain anonymous due to its confidential nature, noted that the filing did not disclose specific details. What was uncovered was that both sides jointly asked the court to freeze all deadlines and pending motions in the class-action lawsuit until the settlement is submitted. Meanwhile, it is worth noting that the lawsuit against Fenwick is part of a larger class-action suit submitted after the collapse of FTX in late 2022. Following this collapse, users have initiated legal proceedings against the exchange, famous figures have faced allegations of promoting it, and several firms have partnered with it. Initially filed in 2023 and updated in August, the lawsuit claims Fenwick was instrumental in facilitating FTX’s fraud by providing substantial support to its operations. This allegation prompted analysts to implement thorough investigations into FTX’s fraud. After the analysts’ intentions became public, sources sought to explain that Fenwick’s substantial assistance was the sole reason the fraud was possible. His efforts facilitated the establishment and approval of structures that promote various fraudulent activities. Moreover, the lawsuit alleged that Fenwick provided guidance on navigating money transmitter licensing, understood how funds were being bounced, and had unclear boundaries between FTX and Alameda Research . Fenwick denies involvement with the massive FTX fraud At first, Fenwick attempted to get the case withdrawn, alleging that it could not be held responsible for a fraud of which it was unaware. The company acknowledged that it provides standard and lawful legal services. In the meantime, after several considerations, the court decided to permit the amended FTX user complaint to proceed, denying Fenwick’s motion to dismiss the lawsuit. When reporters reached out to Fenwick & West and the Moskowitz Law Firm representing FTX users for clarity on the situation, the firms declined to respond. Reports uncovered that this is not the first time FTX users have filed a lawsuit. In February 2024, they initiated legal action against Sullivan & Cromwell, FTX’s former outside legal advisors. In this case, they accused the firm of playing a crucial role in the massive FTX fraud; however, eight months later, they dropped the lawsuit because they lacked adequate evidence. The SEC seeks to withdraw a legal case against Gemini Separately, the US Securities and Exchange Commission (SEC) made clear its intention to resolve its 2023 lawsuit against Gemini Trust Co . In this case, the agency alleged that the firm secured billions in funding through an unregistered crypto-lending program. To demonstrate their commitment to dropping the case, both the federal agency and Gemini’s lawyers requested that a federal judge in New York dismiss it. According to the SEC, it adopted this decision after Gemini announced that it had settled with the New York State Department of Financial Services. Moreover, the regulated cryptocurrency exchange and custodian pledged to ensure that clients would receive a full recovery of their crypto assets. As in previous instances, the SEC indicated that the dismissal was exercised in its discretion. Meanwhile, neither the SEC nor Gemini’s lawyer chose to respond to reporters’ requests for comment on the matter. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
