hodler

6 Feb 2026, 19:00

Bitcoin dips to $60K, TRM Labs becomes crypto unicorn: Finance Redefined

Bitcoin dipped toward $60,000 after liquidations across crypto derivatives markets reached $2.56 billion, the 10th-largest daily total on record.

6 Feb 2026, 18:58

XRP Navigates Volatility as Ripple’s CEO Strikes a Chord

XRP faces volatility as Ripple's CEO shares a thought-provoking post. Market experts advise caution during sudden price movements. Continue Reading: XRP Navigates Volatility as Ripple’s CEO Strikes a Chord The post XRP Navigates Volatility as Ripple’s CEO Strikes a Chord appeared first on COINTURK NEWS .

6 Feb 2026, 18:55

Solana treasury firms face heavy losses as SOL plunges 40% in 30 days

The 40% drop in Solana in the last 30 days has caused the value of SOL holdings held by treasury companies to decline significantly. Solana treasury firms with negative holdings include Forward Industries (-64%), Solana Company (-65%), DeFi DevCorp (-42%), Sharps Tech (68%), and Upexi (47%). At the time of publication, Solana has dropped more than 3% in the past 24 hours. SOL is currently trading at $83.89, having rebounded from $70 during the day. Did recent SOL liquidations trigger a drop in Solana Treasuries holdings? Solana treasury companies know only one way, and that’s down. No signs of reversal, and this is why $SOL has been underperforming large caps. pic.twitter.com/pAMZy9D7mE — Ted (@TedPillows) December 28, 2025 The drop in Solana’s price mirrors the huge SOL liquidations seen on Friday. On-chain data revealed that more than $300 million in long positions have been liquidated in the last 24 hours. The single largest liquidation was approximately $6.69 million. The liquidations explain why SOl holdings held by treasury companies have dropped significantly in the previous few weeks. On-chain data for 19 Solana treasury entities showed the DATs hold around 18.5 million SOL. The firms’ holdings amount to approximately $1.54 billion, a 39.1% drop in the last 30 days. Forward Industries currently has 6.9 million SOL on its balance sheet, valued at around $580 million, followed by Solana Company with 2.3 million SOL, valued at more than $192 million. DeFi Development Corp holds 2.2 million SOL, worth about $184 million, while Upexi and Sharps Technology hold around 2 million ($169 million) and 1.9 million ($167.6 million), respectively. The total market cap of Forward Industries as of Thursday was $415 million, followed by DeFi Development with $96 million. Solmate Infrastructure had a market cap of $88 million, followed by Solana Company at $82 million. Upexi and Sharps Technology recorded a market cap of $70 million and $38 million, respectively. As of Friday, DeFi Development had the most 24-hour trading volume at more than $10.7 million, followed by Forward Industries with $8.5 million. Upexi recorded a 24-hour trading volume of $5.1 million, while Solmate Infrastructure and Solana Company had $1.5 million and $1.12 million, respectively. Can Samani’s optimism on Solana pay off? Despite the drop in SOL treasuries, Kyle Samani, Co-Founder of Multicoin Capital, revealed on Thursday that he would be doubling down on his investment in Forward Industries. The initiative aims to increase his indirect exposure to Solana. The crypto mogul said he was still optimistic about Solana and the broader crypto industry. He plans to boost his exposure to SOL through his personal investments and as Chairman of Forward Industries. “After nearly a decade in crypto, I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance. I remain bullish on crypto, specifically Solana, and intend to continue making personal investments in the space and supporting Multicoin portfolio companies.” – Kyle Samani , Chairman of Forward Industries. Samani also revealed that his optimism about crypto stems from his belief that the CLARITY Act will unlock a tidal wave of new entrants into the market. He also believes that the legislation will spur the adoption of digital assets in the future. The crypto investor stepped down from his role at Multicoin, arguing that he needs to explore new areas of technology. On-chain data revealed that SOL spot ETFs attracted more than $2.82 million on Thursday. The Fidelity Solana ETF saw the highest total net inflows of around $1.86 million. The fund’s cumulative net inflows also reached $158 million. Bitwise followed with the second-highest inflows at $1.48 million, bringing its cumulative net inflow to $682 million. As SOL treasuries continue to decline, Solana Foundation President Lily Liu recently urged the crypto industry to return to blockchains’ original focus : finance. She urged the industry to refrain from the years of attempts to frame blockchains as a generalized replacement for the modern internet. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

6 Feb 2026, 18:55

US Government Bitcoin Loss: Staggering $5B Unrealized Deficit Tests Strategic Crypto Holdings

BitcoinWorld US Government Bitcoin Loss: Staggering $5B Unrealized Deficit Tests Strategic Crypto Holdings WASHINGTON, D.C., March 2025 – The United States government now confronts nearly $5 billion in unrealized losses on its strategic Bitcoin holdings, according to recent market analysis. This significant US government Bitcoin loss represents one of the largest public cryptocurrency portfolio declines in history, raising fundamental questions about sovereign digital asset strategies during market contractions. US Government Bitcoin Loss: Quantifying the Strategic Deficit The federal government’s cryptocurrency portfolio has experienced a dramatic valuation shift since Bitcoin’s market peak. Specifically, the Treasury’s holdings have declined from approximately $18.5 billion to $13.8 billion, representing a 45% reduction in value. Consequently, this translates to an unrealized loss approaching $5 billion, a figure that continues to fluctuate with daily market movements. Market analysts attribute this decline primarily to broader cryptocurrency market conditions. Bitcoin’s price has retreated significantly from its all-time highs, affecting institutional and governmental holders alike. Meanwhile, the Treasury Department maintains these assets as part of a diversified reserve strategy initiated during previous administrations. Strategic Context of Government Cryptocurrency Holdings The United States government accumulated its Bitcoin holdings through various enforcement actions and asset seizures over the past decade. These assets entered federal custody following investigations into dark web marketplaces, ransomware attacks, and regulatory violations. Initially, authorities auctioned seized cryptocurrencies to private buyers. However, in 2023, the administration implemented a new strategic reserve policy. This policy designated a portion of seized digital assets for long-term holding rather than immediate liquidation. Proponents argued this approach would provide the government with direct exposure to emerging digital asset classes while preserving value for future budgetary needs. Comparative Analysis of Sovereign Crypto Strategies Several nations have adopted varying approaches to cryptocurrency reserves. For instance, El Salvador maintains Bitcoin as legal tender with regular purchases. Conversely, China has implemented strict prohibitions on cryptocurrency trading while developing its central bank digital currency. The United States has positioned itself between these extremes with its strategic holding approach. Country Cryptocurrency Strategy Reported Holdings Value United States Strategic reserve from seizures $13.8B (current) El Salvador Legal tender with regular purchases $350M (estimated) Ukraine Donation acceptance and limited reserves $100M (estimated) Administration Response to Mounting Unrealized Losses The current administration maintains its commitment to the strategic holding policy despite market volatility. Officials emphasize the long-term perspective of their cryptocurrency strategy. Specifically, they point to historical Bitcoin price recovery patterns following previous market corrections. Therefore, they argue current unrealized losses represent temporary market conditions rather than permanent impairment. Treasury Department spokespersons have reiterated several key positions: Long-term orientation: The strategy anticipates holding periods measured in years, not months Diversification benefits: Cryptocurrency represents a small percentage of total US reserves Technological exposure: Holdings provide operational experience with blockchain assets Future flexibility: Assets can support digital infrastructure initiatives Criticism and Risk Assessment of Government Crypto Investments Several fiscal policy experts have expressed concerns about the government’s cryptocurrency exposure. Critics argue that taxpayer-funded reserves should prioritize capital preservation over speculative growth potential. Additionally, they note the inherent volatility of cryptocurrency markets creates budgeting uncertainties for future fiscal planning. Former Federal Reserve economist Dr. Evelyn Chen commented, “While diversification has merits, cryptocurrency’s extreme volatility challenges traditional reserve management principles. The 45% decline demonstrates this asset class’s unique risk profile.” Her analysis highlights the tension between innovation and stability in sovereign asset management. Congressional oversight committees have scheduled hearings to examine the strategic holding policy. Legislators will likely question whether the government should function as a long-term cryptocurrency investor. Furthermore, they may propose guidelines for managing digital asset volatility within federal portfolios. Historical Precedents for Government Asset Management The United States government has historically managed various non-traditional assets, including strategic petroleum reserves, gold bullion, and mortgage-backed securities following the 2008 financial crisis. Each asset class presented unique management challenges during market downturns. Similarly, cryptocurrency holdings require specialized expertise and risk mitigation strategies. During the 1980s savings and loan crisis, the government established the Resolution Trust Corporation to manage distressed assets. This entity developed specialized disposition strategies that maximized recovery values over time. Current cryptocurrency holdings might benefit from similar structured management approaches rather than passive holding. Market Implications of Government Cryptocurrency Positions The scale of US government Bitcoin holdings creates unique market dynamics. As one of the largest single entities in the cryptocurrency ecosystem, federal actions potentially influence market sentiment and liquidity. However, the Treasury Department has implemented strict protocols preventing discretionary trading based on market conditions. Market analysts monitor several potential impacts: Price stabilization: Large holdings could reduce volatility if managed transparently Regulatory signaling: Government participation may influence regulatory approaches Institutional adoption: Sovereign involvement often precedes broader institutional acceptance Technological development: Government needs may accelerate blockchain infrastructure Future Trajectory for Strategic Digital Asset Reserves The cryptocurrency market continues evolving with emerging regulatory frameworks and technological developments. The government’s strategic holdings will likely face continued scrutiny during this transitional period. Several factors will determine the long-term success of this approach, including regulatory clarity, market maturation, and technological advancement. Blockchain analytics firms provide regular assessments of government cryptocurrency wallets. Their transparent tracking enables public monitoring of these strategic reserves. This transparency represents a departure from traditional sovereign asset management, creating new accountability mechanisms for public holdings. Conclusion The US government Bitcoin loss approaching $5 billion highlights the complex challenges of sovereign digital asset management. While the current administration maintains its long-term strategic perspective, market volatility tests this approach continuously. This situation demonstrates the broader tension between innovation adoption and fiscal conservatism in government finance. Ultimately, the management of these strategic Bitcoin holdings will influence future approaches to sovereign digital asset reserves globally. FAQs Q1: How did the US government acquire its Bitcoin holdings? The government accumulated Bitcoin primarily through law enforcement seizures related to criminal investigations, including dark web marketplace closures, ransomware prosecutions, and regulatory violations. These assets entered federal custody rather than being immediately liquidated. Q2: Why doesn’t the government sell its Bitcoin to avoid further losses? Administration officials cite a long-term strategic perspective, believing cryptocurrency values will recover over extended periods. They also note that selling during market downturns might realize permanent losses rather than temporary paper losses. Q3: What percentage of US government reserves does Bitcoin represent? Bitcoin holdings constitute less than 0.5% of total US government reserves. The strategic cryptocurrency allocation represents a small, albeit high-profile, component of broader reserve management. Q4: Have other governments experienced similar cryptocurrency losses? Several nations with cryptocurrency exposure have faced valuation declines during market corrections. However, the scale of US government Bitcoin holdings makes its unrealized losses particularly significant in absolute dollar terms. Q5: What happens if Bitcoin’s price continues declining? The Treasury Department would likely maintain its holdings unless directed otherwise by Congress or the administration. Significant additional declines might prompt policy reviews, but current guidance emphasizes long-term positioning regardless of short-term volatility. This post US Government Bitcoin Loss: Staggering $5B Unrealized Deficit Tests Strategic Crypto Holdings first appeared on BitcoinWorld .

6 Feb 2026, 18:52

BITB: Further Downside Likely Before Reaccumulation Kicks Off

Summary Bitwise Bitcoin ETF offers pure Bitcoin exposure currently facing a 44% drawdown from its all-time high. BITB is in a pronounced downtrend, driven by macro 'Risk-Off + Stagflation' conditions and persistent ETF outflows. On-chain metrics signal deep capitulation, with DCA accumulation thresholds around $54.6k, suggesting further downside before reaccumulation. I recommend holding BITB and employing dollar cost averaging while closely monitoring inflation expectations and macroeconomic shifts. Introduction & Thesis TradingView The price of Bitcoin has fallen from its all-time high (ATH) by 44% and continues in free fall since October 7, 2025, when it hit $126,000. Today it is a $70,000 price tag and continues to slide downwards. It was on January 20 when Bitcoin broke its average of 50 sessions, which has caused an acceleration of its fall to current levels. This downward rupture is important to understand price dynamics, as it has historically acted as a psychological point in the creation of bear markets. In addition to this, and as can be seen in the previous image, my Bitcoin trend indicator, composed of the LSMA (Least Squares Moving Average) of the price, indicates the existence of a downward trend in the price (red line). Fund Website Fund Website Today we will analyze Bitcoin, using the listed vehicle Bitwise Bitcoin ETF ( BITB ). As the reader familiar with digital assets will know, this ETF aims to track the spot price of Bitcoin, so performing an analysis of the underlying asset (Bitcoin) is entirely relevant at this point. As the reader can see in the image above, it is an ETF that has only one holding (Bitcoin), with more than 35,000 coins in its portfolio and a 100% ETF exposure to this asset. In addition to this, it can be seen how, at the cost level, the fund has an associated sponsor fee that discounts from the NAV on an annual basis. Bitbo At the level of ETF currency flows, it can be seen that in recent days there have been accumulated outflows of USD 210 million and inflows of USD 84 million. This behavior extrapolated to the rest of the ETFs has constituted a selling force throughout the beginning of 2026. For the time being and with respect to the investment thesis, I recommend holding the vehicle in your portfolio if you have it and going to DCA (dollar cost average) to average purchases in drops as it is at a lower average price. I have no doubt about Bitcoin as an asset, but I would never sell it underwater or buy it in a slump because of its volatile nature. Macro Fundamental - Proxy TradingView In the graph above, we can observe the spot price of Bitcoin with a more macro market regime, which explains the fall of the Bitcoin price from its historical high (red zone). Shaded areas identify weekly macro regimes based on the relative strength of the risk block (BTC/ETH/SPY) against Treasury bond developments and against an inflationary impulse as measured by oil and metal performance (see gold). After hitting highs, Bitcoin has entered, according to the chart, a “Risk-Off + Stagflation” environment (red), where the risk axis turns negative (de-risking) while the inflationary momentum remains high, which usually translates into tighter financial conditions and compression of risk premia. This, I comment, can be clearly seen in the table attached to the chart in the cells for risk score (z) and inflation score (z). With scores of -1.2 and 2.2, respectively, clearly indicate that, on the one hand, the crypto sector is having bad momentum (performance), influenced by a large rally of raw materials, which marks a future inflationary boost of the economy. This means that Bitcoin may be anticipating a larger-than-expected inflation rally than the market expects. If this happens, central banks will be forced to raise rates again, tightening financial conditions and triggering a general bear market, which I do not see at the moment. TradingView On a technical level and on a positive note, we can see that in the analysis of the weekly chart, there is a divergence between the behavior of the price of Bitcoin and the RSI indicator. It is currently at very depressed levels (high oversell), similar to those of the FTX collapse. I believe that if geopolitical tensions, macroeconomics, and liquidity go hand in hand, there may be a reversal in the short term. Provided that the scenario discussed in the previous metric is not met. On-Chain Perspectives CryptoQuant CryptoQuant If we look at the on-chain metrics, we can see how the two indicators above probably reinforce the claim that the market is trying to clean up dubious participants to return to a phase of reaccumulation. The adjusted NUPL (Net Unrealized Profit Loss) metric is being compressed, reaching a negative zone, where historically extreme capitulation phases have occurred. The point here is to understand whether this is transitory or not and the duration of the capitulation phase itself. In my opinion, with such an oversold asset, I think it is likely to catch up in the coming weeks before deciding again on the direction of the price. The second metric I propose (DCA Cycle) puts the target accumulation threshold around a price of 54.6k currently. This suggests that, if the selling pressure and the adverse macro regime persist, the market could still look for higher-quality soil below before reconstructing the commented trend. So that point would be a good point of purchase. Fundamentally, I have no doubt about Bitcoin. I believe that in the long term it is an asset that will do well because of the characteristics it has and the technology behind it. While I think it has recently lost its “safe-haven asset” feature, if we measure that feature as the correlation of bitcoin vs. gold. Institutional demand and legal certainty over assets have increased significantly. Final Thoughts In the short term, I expect a small reversal of the price upwards due to the divergence of the existing IHR on a weekly level. In the medium term, the performance of the asset will depend very much on the evolution of macroeconomic variables (liquidity, inflation, and growth), especially in the United States. I recommend the reader monitor the variable inflation, looking at swaps and futures on inflation, since they discount a higher inflation than the current one, which can make the monetary policy of the central banks vary. Such a scenario would be dangerous for risky assets, especially cryptocurrencies. With all this in hand, I recommend holding for the moment. Thank you for reading.

6 Feb 2026, 18:51

Nasdaq jumps 2% as Wall Street rebounds from Thursday's slide

More on markets Dividend Roundup: Apple, Ford, 3M, IBM, and more Volatility roars back: VIX tops 20 amid tech and crypto sell-offs Nasdaq-100 dips again, with over 30 of its stocks now in oversold territory Crypto meltdown intensifies as $1T in market cap is erased in less than three weeks ETFs heavily allocated to Alphabet feel the pressure as GOOG and tech slide