The Crypto Headwind

Speaking in his weekly market commentary, Eisman underscored the renewed “decline” in crypto prices as a major factor hurting platforms like Robinhood and Coinbase Global Inc. (NASDAQ:COIN).

He noted that a “not insignificant portion” of Robinhood’s customers invest in crypto, and this slump is directly impacting its performance. The company recently missed on earnings, revenue, and net new assets – all critical metrics.

Eisman bluntly stated, “I doubt Robinhood will go up until at least crypto stabilizes.”

Valuation Disparity

A key point of contention for Eisman is Robinhood’s valuation compared to its established competitors.

This stark disparity means…

Read more on Benzinga

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong said on Sunday that retail users on the cryptocurrency exchange showed strong resilience in the ongoing market downturn, steadily purchasing Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) during the dips.

Coinbase Encountering Retail Accumulation

Armstrong highlighted on X a rise in native Bitcoin and Ethereum units held by retail users on the platform.

“They’ve been buying the dip,” he stated. “They have diamond hands – vast majority of customers had native unit balances in Feb equal to or greater than their balances in December.”

What Do Indicators Reveal?

It’s worth noting that Google search interest for Bitcoin…

Read more on Benzinga

BitMine Immersion Technologies Inc. (NYSE:BMNR) Chair Tom Lee said on Saturday that the ongoing “cryptocurrency winter” is nearing its end, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) close to hitting their lows.

Lee Says End Is Near

During an interview, Lee cited Tom DeMark, BitMine’s advisor on timing, who suggested that Bitcoin might find support at $60,000 and Ethereum could bottom out at around $1,890.

“I think it touched it to the penny. He thinks we just have to undercut it once more, and that’s the low. meaning we’re really close to the end,” the Fundstrat co-founder said.

Lee further stated that the crypto winter could end as soon as April if it hasn’t…

Read more on Benzinga

Strategy Inc. (NASDAQ:MSTR) founder Michael Saylor said on Sunday that the Bitcoin (CRYPTO: BTC)-hoarding company plans to convert its convertible debt into equity over the next three to six years.

Strategy Won’t Issue New Convertible Notes?

Saylor’s announcement came after Strategy declared that even if Bitcoin’s price dropped to $8,000, the company would still hold enough assets to cover its outstanding debt.

The firm highlighted its balance sheet, with $49 billion in BTC reserves against $6 billion in net debt—calculated as total outside debt minus cash reserves. In a downside scenario where Bitcoin’s price drops 88% to $8,000, the company said the reserves would shrink to…

Read more on Benzinga

The cryptocurrency sector is increasing its political spending ahead of the midterm elections, aiming to replicate the success it achieved during the 2024 federal races.

Crypto Industry Gears Up For Midterms

Fairshake, a super PAC focused on cryptocurrency policy, announced last month that it had raised $191 million for the 2026 midterm elections. The group brought in $132.83 million in 2025, according to FEC filings, and combined with unused funds from the 2024 cycle, its total war chest now exceeds $190 million.

Meanwhile, the Bitcoin Freedom PAC, another super PAC, entered 2026 with $78,667 in cash on hand.

The Areas Of Potential Conflict?

The crypto market structure bill—aimed at…

Read more on Benzinga

Leading cryptocurrencies fell on Sunday, but stock futures rose as consumer inflation eased to an 8-month low.

Crypto Market Faces Selling Pressure

Bitcoin slid into the $68,000 region, while the trading volume for the apex cryptocurrency jumped 11% over the past day.

Ethereum also faced significant selling pressure, as the second-largest cryptocurrency fell below $2,000 amid an 80% spike in 24-hour trading volume. Dogecoin plunged more than 8%.

Roughly $325 million was liquidated from the market in the last 24 hours, according to Coinglass, with $240 million in bullish long bets wiped out.

Bitcoin’s open interest fell 2.69% over the past 24 hours, aligning with the drop in spot price. That…

Read more on Benzinga

This week was a rollercoaster ride for the cryptocurrency market, with Bitcoin’s price surging and then falling, sparking a flurry of activity among traders and investors. Meanwhile, the world of non-fungible tokens (NFTs) saw a unique Valentine’s Day celebration.

Here’s a quick recap of the top stories.

Gemini Space Station Stock Rallies

Gemini Space Station saw its stock rally as Bitcoin’s price surged past $69,000. The company, which has a significant portion of its revenue tied to Bitcoin-related activities, is often seen as a leveraged play on the world’s largest cryptocurrency.

Read the full article here.

Peter Schiff Blasts Michael Saylor’s Bitcoin Plan

Gold advocate Peter…

Read more on Benzinga