Mark Cuban, a billionaire investor and popular television personality, said after Kamala Harris’ 2024 electoral defeat that young male cryptocurrency voters turned against her due to Gary Gensler’s policies.

Cuban Stressed On Crypto Cohort Of Young Men

In a podcast with Jon Stewart dated Dec. 13, 2024, the “Shark Tank” star was asked about his influence on Harris’ campaign during the presidential elections.

Cuban, who backed Harris’ candidacy and joined the “Crypto for Harris” campaign, said he “explained” to her team the importance of reaching out to the growing cryptocurrency demographic.

He cited Pew Research data — which said atleast 40% of young men are invested in…

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This week in the world of cryptocurrency was a mixed bag. While Tesla Inc. reported significant paper losses on its Bitcoin holdings, the U.S. Senate Committee took a step forward in establishing federal regulations for digital assets.

Meanwhile, Bitcoin’s price took a hit, and analysts predict further downside. Let’s dive into the details.

Tesla’s Bitcoin Woes

Despite not selling any Bitcoin in Q4, Tesla Inc. reported substantial paper losses. The company’s earnings report revealed that it held $1.008 billion in digital assets as of Dec. 31, marking a 23% decrease from the previous quarter.

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US Moves Closer To ‘Crypto Capital’

The U.S. Senate…

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Bitcoin (CRYPTO: BTC) experienced a significant drop, falling below the $80,000 mark on Saturday. This sharp decline has triggered a widespread crash in the cryptocurrency market.

On January 31, Bitcoin’s value plummeted by 5% within a span of 24 hours, trading at $78,479.21. This downfall had a domino effect on other cryptocurrencies as well. Ethereum (ETH) dropped around 12% to $2,395.58, BNB by 8% to $779.57, XRP by 11% to $1.56, and Solana (SOL) by 11% to $103.44.

The total market cap of the crypto market also suffered, declining by over 6% to $2.73 trillion. In just five hours, over $100 billion of market cap disappeared.

Data from CoinGlass revealed that crypto positions worth…

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In the wake of a significant drop in gold and silver prices, Binance founder Changpeng Zhao has offered his insights on the future of Bitcoin (CRYPTO: BTC).

On Friday, gold and silver saw a drastic decrease in their prices, with gold plummeting by approximately 15% and silver by nearly 38%. This resulted in a loss of around $15 trillion in combined market value.

This unexpected price drop, referred to as a “black swan” event, has ignited conversations within the crypto community, with many speculating on Bitcoin’s long-term potential in comparison to these physical assets.

Zhao joined the discussion, pointing out that such severe price fluctuations can happen “even with a…

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Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) experienced a substantial one-day reversal last week. Investors pulled out nearly $818 million as Bitcoin’s price plummeted to a nine-month low.

Data indicated that Bitcoin ETFs registered net daily outflows of $817.87 million on January 29. This pushed January into an overall negative zone. However, the cumulative net inflows since the inception of Bitcoin ETFs remained significant at $55.52 billion.

The report also underscored that this hefty daily pullback followed a volatile period throughout January. The month concluded with net outflows estimated to be $1.1 billion, a trend that was also seen in December 2025.

The sell-off…

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Wintermute Ventures says crypto is becoming the clearing layer for the internet economy in 2026, with prediction markets set to replace traditional insurance by pricing specific risks that were previously untradeable.

Prediction Markets Replace Insurance

Prediction markets are moving beyond consumer products into financial tools that replace legacy insurance, according to Wintermute’s 2026 outlook.

Instead of buying broad hurricane insurance for an entire region, users can now hedge against specific wind speeds in exact locations during defined timeframes. 

These markets price individual risks directly rather than bundling them into expensive policies.

Wintermute expects new markets to…

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