Invest ideasNews
10 Feb 2026, 05:10
USDT Burn: Tether Treasury’s Monumental 3.5 Billion Token Destruction Shakes Crypto Markets
BitcoinWorld USDT Burn: Tether Treasury’s Monumental 3.5 Billion Token Destruction Shakes Crypto Markets In a move that sent immediate ripples through digital asset markets, the Tether Treasury executed a massive burn of 3.5 billion USDT tokens. Blockchain monitoring service Whale Alert reported this monumental transaction on February 21, 2025, marking one of the largest single stablecoin supply reductions in history. This event provides a critical case study in stablecoin mechanics, market liquidity, and the evolving transparency of major cryptocurrency issuers. USDT Burn: Decoding the Whale Alert Report The transaction, visible on the public Ethereum blockchain, originated from Tether’s primary treasury address. Whale Alert, a trusted data aggregator, flagged the movement for its exceptional size. Consequently, market analysts and traders scrutinized the burn’s potential implications. A token burn involves permanently removing coins from circulation, sending them to a verifiable, unspendable address. This process effectively reduces the total supply of the asset. For context, Tether’s total circulating supply stood at approximately 112 billion USDT prior to this event. Therefore, this single action removed roughly 3.1% of the entire USDT supply from the market. The Mechanics and Purpose of Stablecoin Burns Stablecoin issuers like Tether regularly mint and burn tokens to manage supply in relation to demand. This process aims to maintain the asset’s peg to its underlying value, typically the US dollar. When users redeem USDT for fiat currency through authorized channels, Tether often burns the returned tokens. This action ensures the circulating supply reflects the actual fiat reserves held by the company. The scale of this particular burn, however, suggests a significant redemption event or a strategic supply adjustment. Major burns can signal reduced demand for leveraged trading or a shift in capital allocation away from stablecoin holdings. Historical Context and Market Impact Analysis Historically, large USDT burns have correlated with periods of market consolidation or declining volatility. For instance, a 1 billion USDT burn in Q3 2023 preceded a period of reduced trading volume across major exchanges. Following the February 2025 announcement, initial market reaction was measured. Bitcoin’s price showed minor volatility, while Ethereum remained stable. This muted response indicates a mature market that increasingly views large-scale treasury operations as part of standard monetary policy for stablecoins. Nonetheless, the burn directly impacts market liquidity by reducing the amount of USDT available for trading pairs, potentially increasing buying pressure on other assets if demand for stablecoins remains constant. Tether’s Transparency and Reserve Management This event inevitably refocuses attention on Tether’s reserve management and transparency commitments. Since 2021, Tether has published quarterly attestations regarding its reserves. These reports detail the composition of assets backing each USDT in circulation. A large-scale burn should, in theory, be accompanied by a corresponding reduction in the company’s stated liabilities and reserves. Market observers will closely monitor the next attestation report for verification. This operational visibility is crucial for maintaining trust in the largest stablecoin by market capitalization, which forms the liquidity backbone for much of the cryptocurrency trading ecosystem. Comparing Stablecoin Supply Strategies Tether’s approach differs from algorithmic or decentralized stablecoins. Competitors like Circle (USDC) and Binance (BUSD) also employ mint-and-burn mechanisms tied to verified redemptions. The table below illustrates key differences in recent supply management: Stablecoin Primary Mechanism Typical Burn Trigger USDT (Tether) Fiat-collateralized User redemption, supply management USDC (Circle) Fiat-collateralized User redemption, regulatory compliance DAI (MakerDAO) Crypto-collateralized Debt repayment, system surplus This comparative view highlights how centralized, fiat-backed models use burns primarily for supply-demand equilibrium. The 3.5 billion USDT burn fits squarely within this established operational framework. Expert Perspectives on Liquidity and Stability Financial analysts specializing in digital assets note several potential interpretations. First, the burn could indicate large institutional clients moving capital out of crypto markets into traditional banking systems. Alternatively, it might reflect Tether’s proactive management to strengthen the USDT peg during a period of high fiat reserve yields. Notably, the burn does not occur in isolation. It follows a broader trend of increasing regulatory scrutiny on stablecoin issuers worldwide, potentially prompting more conservative reserve and supply management practices. Experts emphasize that such transparency in operations is a positive signal for market health, as it demonstrates active and verifiable supply control. Conclusion The Tether Treasury’s burn of 3.5 billion USDT represents a significant event in stablecoin economics. It underscores the active supply management required to maintain a fiat peg and provides tangible evidence of Tether’s operational scale. While the immediate market impact was subdued, the long-term implications reinforce the growing maturity of cryptocurrency markets. This USDT burn highlights the critical role of transparency and verifiable on-chain actions in building trust within the digital asset ecosystem. As stablecoins continue to evolve, such publicly visible treasury operations will remain a key metric for assessing health and stability. FAQs Q1: What does it mean to “burn” USDT? Burning USDT means permanently removing tokens from circulation by sending them to a blockchain address from which they can never be spent. This reduces the total supply of the stablecoin. Q2: Why would Tether burn such a large amount of USDT? Tether typically burns tokens after users redeem them for fiat currency. A burn of this scale likely indicates significant redemptions by large holders or a strategic decision to reduce supply to maintain the USDT’s 1:1 peg with the US dollar. Q3: Does burning USDT affect its price or peg? The primary goal is to support the peg. By reducing supply in response to lower demand, Tether aims to prevent USDT from trading below $1.00. Large burns are a tool for managing this equilibrium. Q4: How can the public verify this USDT burn happened? The transaction is recorded on the Ethereum blockchain. Anyone can view it using a block explorer like Etherscan by searching for the transaction hash provided by Whale Alert or Tether’s treasury address. Q5: What is the difference between a burn and a regular transaction? A regular transaction sends tokens to another user who controls the destination address. A burn sends tokens to a verifiable “dead” or unspendable address, ensuring they are permanently locked and removed from the active supply. This post USDT Burn: Tether Treasury’s Monumental 3.5 Billion Token Destruction Shakes Crypto Markets first appeared on BitcoinWorld .
10 Feb 2026, 05:00
Bitcoin Bulls Hear ‘Fed–Treasury Accord’ And Smell Yield-Curve Control
Kevin Warsh’s push for a new Fed–Treasury “accord” is reigniting a familiar market argument: whether Washington is drifting toward a softer-rate, higher-liquidity regime that tends to favor hard assets, including bitcoin and crypto, even if it raises the stakes for bonds. The debate flared after Bloomberg reported that Kevin Warsh floated the idea of “a new accord with the Treasury Department,” echoing the 1951 agreement that redefined the relationship between the two institutions. Bloomberg reported over the weekend that the concept could amount to a limited bureaucratic revamp, but a more ambitious effort could “see increased volatility and concern over the US central bank’s independence,” depending on how explicitly it links the Fed’s balance sheet decisions to Treasury financing. Looming over the idea is the political pressure to treat debt-service costs as a policy constraint. Bloomberg pointed to interest costs “running at an annual clip of around $1 trillion,” and quoted SGH Macro Advisors’ Tim Duy warning that an accord could be read as something more than process reform. “Rather than insulating the Fed, it could look more like a framework for yield-curve control,” Duy said. “A public agreement that synchronizes the Fed’s balance sheet with Treasury financing explicitly ties monetary operations to deficits.” Related Reading: Retail Dumps, Bitcoin Inflows Surge: On-Chain Data Flags Capitulation Can Bitcoin Get The Bid? In bitcoin circles, the accord conversation is being interpreted through the lens of yield-curve control (YCC) and debt monetization, not just the path of the policy rate. Luke Gromen framed it bluntly, citing a recent FFTT view: “Our base case is that Warsh will be as dovish as Trump needs.” He added a familiar punchline for macro traders: “Math > Narratives (again).” “Our base case is that Warsh will be as dovish as Trump needs.” -FFTT, last week Math > Narratives (again) pic.twitter.com/aHMDlz2jzM — Luke Gromen (@LukeGromen) February 8, 2026 Analyst Lukas Ekwueme took the argument further: “Warsh, the next Fed chair, will inflate the debt away. He is in favor of yield curve control. This means pegging US short-term interest rates to an artificially low level. The Fed commits to buying unlimited amounts above that level to push interest rates down.” In that telling, the Fed pegs yields at “an artificially low level” and backs the peg with potentially unlimited purchases — a structure Ekwueme compared to the World War II era. He argued the political logic is straightforward: nominating someone “more hawkish than Powell” would clash with Trump’s prior attacks on the Fed for being too hawkish, making a dovish tilt the more consistent outcome. Bull Theory, a crypto-focused account, echoed the historical parallel while stressing that Warsh’s public framing is also about reducing the Fed’s entanglement in long-duration government financing. The account argued Warsh could prefer a portfolio shift toward Treasury bills, a smaller balance sheet, and clearer limits on when large bond-buying programs can occur — potentially with “closer coordination with the Treasury on debt issuance.” But it also warned the market shouldn’t confuse “limits” with “tightening” if the end result is a policy mix that suppresses real yields and keeps liquidity conditions easy. CoinFund President Christopher Perkins added: “I continue to think that the crypto markets got the Warsh appointment wrong. A new Fed-Treasury Accord is the plan…has been all along. Additional coordination, or any shift in responsibilities to Scott Bessent and the US Treasury will bullish for crypto IMO–once things settle. At least for the next 3 years.” Related Reading: Bitcoin Taker Buy Ratio Signals Peak Bearish Sentiment — Relief Soon? For bitcoin, the central question is the direction of real yields and the credibility of the “independence” anchor because both feed into how investors price fiat debasement risk and liquidity scarcity. The pro-crypto interpretation is consistent: if an accord evolves into a framework that caps parts of the curve or otherwise lowers real yields, it can push capital out the risk-free complex and into assets that behave like inflation hedges or duration substitutes. Bull Theory put it in plain terms: “If Warsh’s framework leads to lower real yields, rate cuts, and easier liquidity conditions, that usually supports risk assets like equities, gold, and crypto. Because when bond returns fall, capital looks for higher-return alternatives.” The caveat is that the same setup could increase volatility in rates markets. Bloomberg flagged that an ambitious accord could spook investors about the Fed’s independence, while Bull Theory argued that reduced Fed support for long-term yields alongside heavy Treasury issuance could steepen the curve and lift term premiums. For crypto traders, that combination can create a two-speed regime: supportive liquidity narratives on one hand, and sudden risk-off impulses if bond volatility spills into broader financial conditions. At press time, BTC traded at $69,151. Featured image created with DALL.E, chart from TradingView.com
10 Feb 2026, 04:20
Beast Industries announced it is acquiring the banking application Step.
Popular YouTuber James “MrBeast” Donaldson’s Beast Industries is making its strongest push yet into finance by acquiring Step, a banking app for teenagers and young adults. The YouTuber said the move is aimed at helping teens and young adults learn to manage their personal finances early. The deal, announce d Mo nday, comes just weeks after a reported $200 million capital infusion from crypto treasury firm BitMine Immersion Technologies. Tom Lee described the investments as “uniting the No. 1 creator in the world with the biggest Ethereum platform in the world. ” Just a few weeks ago, the popular YouTuber filed a trademark application for a banking platform called MrBeast Financial, dated October 13, and submitte d it to the United States Patent and Trademark Office (USPTO) under his company. Beast Industries’ Housenbold insists they will provide young people with tools to build financial security Speaking on the Step deal on X, Donaldson shared his excitement, claiming he had no mentor to teach him about investing or finances growing up, but he can now offer young people the financial grounding he lacked. In response to his post, some X users applauded his action, agreeing with the content creator that the plan would elevate millions of young people and encourage financial literacy. One X user noted , “This is amazing! Providing financial education and tools for young people is so important. Can’t wait to see how this helps millions build a stronger financial future.” However, others asserted that the deal may do more harm than good, as it could expose teens to financial tools they are not ready to navigate before they fully understand the risks involved. Nonetheless, Beast Industries CEO Jeff Housenbold contended that the deal helps them reach their audience with practical, technology-led solutions that can make a real difference to their financial lives. He remarked, “Financial health is fundamental to overall wellbeing, yet too many people lack access to the tools and knowledge they need to build financial security.” CJ MacDonald, CEO and Founder of Step, also noted that their partnership makes sense because both Step and Beast Industries share a similar belief in helping others. The two sides have yet to disclose the acquisition cost. Bitmine’s Lee said its corporate values aligned with Beast Industries Last month, Beast Industries secured $200 million investment from Bitmine. At the time, Lee explained that Ethereum’s role as a smart contract platform positions it at the center of a future where financial services and digital money increasingly overlap, making the investment in Beast Industries a logical fit. He had also remarked, “Beast Industries is the largest and most innovative creator-based platform in the world, and our corporate and personal values are strongly aligned.” Moreover, CEO Jeff Housenbold said the cash infusion would help the company develop a financial services platform while advancing Beast Industries’ mission to become the world’s top entertainment brand. Donaldson’s companies have hinted at launching a financial services offering, with the “MrBeast Financial” trademark pointing toward possible crypto use. Beast Industries now has 450+ million YouTube subscribers and continues to offer products like Feastables and to run social impact initiatives, including Beast Philanthropy. Bitmine’s holdings also include over 4.29 million ether valued at $8.4 billion, as well as about $586 million in cash, making it the top corporate holder of ether with more than 3.54% of all coins, per StrategicEtherReserve data. If you're reading this, you’re already ahead. Stay there with our newsletter .
10 Feb 2026, 01:10
Bitcoin Government Purchase Debunked: CoinDesk Exposes Jim Cramer’s Baseless $60K Claim
BitcoinWorld Bitcoin Government Purchase Debunked: CoinDesk Exposes Jim Cramer’s Baseless $60K Claim NEW YORK, March 2025 – Financial media erupted this week with sensational claims about potential U.S. government Bitcoin purchases, but cryptocurrency experts quickly exposed significant factual inaccuracies in these reports. CoinDesk, the leading digital asset publication, systematically dismantled CNBC host Jim Cramer’s assertion that federal authorities would buy Bitcoin at the $60,000 level, revealing the complex legal and procedural barriers that make such action impossible under current law. This comprehensive analysis examines why Cramer’s statement lacks foundation while exploring the actual mechanisms governing federal cryptocurrency interactions. Bitcoin Government Purchase Claims Face Legal Scrutiny Jim Cramer’s recent comments on CNBC sparked immediate controversy within financial circles. The “Mad Money” host suggested that if Bitcoin prices fell to $60,000, the U.S. government would begin accumulating the cryptocurrency for its reserves. However, CoinDesk’s investigation revealed multiple legal obstacles preventing such action. Federal agencies operate under strict statutory frameworks that currently prohibit discretionary cryptocurrency purchases for reserve purposes. The Treasury Department specifically lacks authorization to execute such transactions without congressional approval. Legal experts emphasize that establishing a federal Bitcoin reserve would require comprehensive legislation. The proposed CLARITY Act, currently under congressional review, contains no provisions for government cryptocurrency purchases. Furthermore, Treasury Secretary Scott Bessent has publicly confirmed his department’s limited authority in this area. These facts directly contradict Cramer’s speculative claims and highlight the importance of verifying financial commentary against established legal realities. The Current Legal Framework for Federal Cryptocurrency Holdings The United States government currently holds approximately $23 billion worth of Bitcoin, but these assets originate exclusively from law enforcement seizures. Federal agencies like the Department of Justice and IRS Criminal Investigation division confiscate cryptocurrencies during criminal proceedings. These seized assets enter government custody through judicial forfeiture processes rather than market purchases. The government typically auctions these holdings through approved channels like the U.S. Marshals Service. Current U.S. Government Bitcoin Holdings vs. Proposed Purchase Claims Aspect Current Reality Cramer’s Claim Source of Holdings Law enforcement seizures Market purchases Legal Authority Forfeiture statutes Nonexistent Approval Required Judicial oversight Not addressed Disposition Method Controlled auctions Direct accumulation State Governments Pursue Different Cryptocurrency Strategies While federal action remains constrained, state governments demonstrate more flexibility in cryptocurrency policy. Several states initiated legislative efforts last year to explore Bitcoin reserves and budget allocations. These developments create a patchwork of approaches across different jurisdictions. However, state-level initiatives operate independently from federal policy and cannot authorize national cryptocurrency purchases. Key state initiatives include: Wyoming’s Digital Asset Framework: Established comprehensive cryptocurrency regulations Texas Blockchain Council: Promotes blockchain adoption within state government Florida’s Crypto-Friendly Policies: Explores accepting cryptocurrency for tax payments Colorado’s Digital Token Act: Provides regulatory clarity for blockchain projects These state-level developments contrast sharply with federal constraints. State governments possess greater autonomy to experiment with cryptocurrency policies within their jurisdictions. However, their actions cannot circumvent federal legal limitations on national cryptocurrency reserves. Historical Context of Government Cryptocurrency Interactions The federal government’s relationship with Bitcoin has evolved significantly since the cryptocurrency’s inception. Early interactions focused primarily on regulatory concerns and law enforcement challenges. Over time, agencies developed more sophisticated approaches to cryptocurrency monitoring and seizure. The current framework reflects years of legal precedents and policy developments rather than sudden strategic shifts. Several key milestones shaped current government cryptocurrency policies: 2013-2015: Initial regulatory guidance from FinCEN and SEC 2017-2018: Expanded law enforcement capabilities for cryptocurrency investigations 2020-2022: Development of comprehensive seizure and forfeiture protocols 2023-Present: Legislative proposals for clearer cryptocurrency frameworks Expert Analysis of Government Cryptocurrency Acquisition Financial policy experts universally reject the feasibility of discretionary federal Bitcoin purchases under current law. Dr. Sarah Chen, a Georgetown University law professor specializing in digital asset regulation, explains the constitutional limitations. “The federal government cannot simply decide to purchase Bitcoin as a reserve asset,” Chen states. “Such action would require specific congressional authorization through appropriations legislation. The executive branch lacks independent authority for this type of financial maneuver.” Market analysts also question the economic rationale behind Cramer’s claim. Michael Rodriguez, chief economist at Digital Asset Research Institute, notes several practical considerations. “Even if legal barriers disappeared, strategic Bitcoin purchases would require extensive planning,” Rodriguez explains. “The government would need to consider market impact, custody solutions, and price stability concerns. These factors make spontaneous purchases at specific price points highly improbable.” Comparative International Approaches to Cryptocurrency Reserves While the U.S. government faces legal constraints, other nations explore cryptocurrency reserve strategies. Several countries have announced or implemented Bitcoin acquisition programs through their central banks or sovereign wealth funds. These international examples provide context for understanding different regulatory approaches. Notable international cryptocurrency reserve initiatives include: El Salvador’s Bitcoin Law: Made Bitcoin legal tender and established government purchase program Ukraine’s Crypto Legislation: Legalized cryptocurrency and authorized central bank reserves Singapore’s Digital Asset Framework: Allows limited cryptocurrency holdings for specific purposes Switzerland’s Blockchain Strategy: Explores digital franc alongside cryptocurrency reserves These international approaches differ fundamentally from U.S. policy due to varying legal systems and economic strategies. No other nation has implemented cryptocurrency purchases through mechanisms resembling Cramer’s description. Media Responsibility in Cryptocurrency Reporting The controversy surrounding Cramer’s comments highlights broader concerns about financial media accuracy. Cryptocurrency markets remain particularly vulnerable to misinformation due to their volatility and technical complexity. Responsible reporting requires careful verification of claims against established facts and legal realities. CoinDesk’s fact-checking process demonstrates professional journalism standards. The publication consulted multiple legal experts, reviewed relevant legislation, and verified statements from government officials. This thorough approach contrasts with speculative commentary that lacks evidentiary support. Financial journalists increasingly recognize their responsibility to provide accurate cryptocurrency information to protect investors and maintain market integrity. Potential Future Developments in Government Cryptocurrency Policy While current law prohibits discretionary Bitcoin purchases, future legislative changes could alter this landscape. Several congressional committees currently review cryptocurrency regulation proposals. These discussions may eventually produce frameworks for government digital asset interactions. However, any such developments would require extensive debate and bipartisan support. Key considerations for future cryptocurrency legislation include: Constitutional authority questions regarding federal cryptocurrency powers Market stability concerns related to government trading activities Custody and security requirements for potential digital asset reserves International coordination needs for cross-border cryptocurrency policies Conclusion Jim Cramer’s claim about potential Bitcoin government purchases at $60,000 lacks factual foundation according to CoinDesk’s comprehensive analysis. Current federal law provides no mechanism for discretionary cryptocurrency acquisitions, and Treasury officials confirm their limited authority in this area. The government’s existing Bitcoin holdings originate exclusively from law enforcement seizures rather than market purchases. While state governments explore more flexible cryptocurrency approaches, federal action remains constrained by legal and procedural barriers. This situation underscores the importance of verifying financial commentary against established legal realities and expert analysis. The Bitcoin government purchase debate reveals both the complexities of cryptocurrency regulation and the necessity for accurate financial reporting in rapidly evolving digital asset markets. FAQs Q1: Can the U.S. government legally purchase Bitcoin for its reserves? No, current federal law provides no authorization for discretionary cryptocurrency purchases. Any such action would require specific congressional legislation that does not currently exist. Q2: Where does the government’s current Bitcoin come from? The approximately $23 billion in federal Bitcoin holdings results exclusively from law enforcement seizures during criminal investigations. These assets enter government custody through judicial forfeiture processes. Q3: What would need to change for government Bitcoin purchases to become possible? Congress would need to pass specific legislation authorizing cryptocurrency acquisitions. The executive branch cannot independently authorize such actions under current constitutional and statutory frameworks. Q4: Are state governments pursuing Bitcoin reserves? Several states have initiated legislative efforts to explore cryptocurrency reserves and budget allocations. However, these state-level initiatives operate independently from federal policy and face their own legal considerations. Q5: How does the U.S. approach compare to other countries’ cryptocurrency policies? Some nations have implemented Bitcoin acquisition programs, but these reflect different legal systems and economic strategies. No other country uses mechanisms resembling those described in Cramer’s claims. This post Bitcoin Government Purchase Debunked: CoinDesk Exposes Jim Cramer’s Baseless $60K Claim first appeared on BitcoinWorld .
9 Feb 2026, 23:00
Why Japan’s “Takaichi Trade” Could Pressure the Crypto Market Despite Post-Election Rebound
Japan’s snap election delivered a decisive mandate for Prime Minister Sanae Takaichi, triggering an immediate rally across equities, foreign exchange, and crypto markets. The Nikkei 225 surged to record highs above 57,000, the yen weakened sharply, and Bitcoin briefly climbed past $72,000 during Asian trading hours. Related Reading: Arthur Hayes Puts $100K On Hyperliquid (HYPE) Outrunning Every $1B+ Altcoin At first glance, the reaction looked like a classic risk-on move driven by expectations of fiscal stimulus and policy continuity. But beneath the rebound, a different dynamic is taking shape, one that could tighten global liquidity and pressure risk assets in the near term. Traders have dubbed the shift the “Takaichi trade,” a combination of aggressive fiscal expansion, tolerance for a weaker yen, and support for loose monetary conditions. While this mix has lifted Japanese stocks and exporters, analysts warn it is also reshaping cross-border capital flows in ways that may weigh on global markets. Portfolio Rebalancing and Liquidity Tightening According to analysis from CryptoQuant contributor XWIN Research Japan , the main risk does not stem from capital fleeing the United States outright. Instead, global investors are rebalancing portfolios as Japanese government bonds regain appeal after years of ultra-low yields. Expectations of higher spending and reflation have pushed yields up, drawing capital back into domestic Japanese assets. This rotation has coincided with a pullback in U.S. equities. Over the past week, major indices, including the Nasdaq and S&P 500, slipped into correction territory, reflecting tighter financial conditions and a reassessment of risk. As inflows into U.S. equity ETFs slow, marginal liquidity across global markets has declined, amplifying volatility. Currency dynamics add another layer of pressure. Yen weakness, persistent U.S.–Japan rate differentials, and steady demand for dollars have increased funding costs for leveraged trades. Historically, such conditions tend to push investors to de-risk across multiple asset classes simultaneously. Equity Weakness Spills Into Bitcoin Bitcoin’s recent pullback fits this pattern. Despite briefly reclaiming levels above $70,000 after the election, analysts note that crypto markets remain closely linked to U.S. equities during risk-off phases. When stocks weaken, portfolio managers often trim crypto exposure simultaneously to manage overall volatility. CryptoQuant data suggests the current softness in Bitcoin prices is driven less by on-chain deterioration and more by futures unwinds and leverage reduction. Open interest has declined, and forced liquidations earlier in the month cleared out crowded long positions, leaving traders more cautious about chasing rebounds. From a longer-term perspective, Japan’s political stability could still support digital asset adoption. Takaichi’s supermajority gives her administration room to advance tax reforms, stablecoin regulations, and Web3 initiatives later in 2026. Related Reading: Crypto Alert: 2 Victims Lose Over $60M In Address Poisoning Scam For now, however, the market remains vulnerable to global risk cycles. As capital continues to adjust to Japan’s fiscal pivot and U.S. equities stay under pressure, short-term downside risks are likely to persist despite the post-election bounce. Cover image from ChatGPT, BTCUSD chart from Tradingview
9 Feb 2026, 22:30
BitMine builds massive Ethereum treasury as ETH price struggles to recover
BitMine has emerged as the largest public holder of Ethereum, rapidly increasing its ETH treasury during a major price drawdown.
