Binance’s CZ: Metals Drop Proves Any Asset Vulnerable To Swings, Bitcoin Is ‘Still Early’ – Gold.com (NYSE:GOLD)

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…

Read more on Benzinga

Investors Pull Nearly $818 Million From Bitcoin ETFs as Cryptocurrency Tanks – BlackRock (NYSE:BLK)

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…

Read more on Benzinga

Wintermute: “Everything Becomes Tradeable” In 2026—Prediction Markets To Replace Insurance

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…

Read more on Benzinga

Gold Crashes 12% As $1.68B Crypto Liquidations Spill Into Precious Metals

Gold Drops 12% as Overleveraged Crypto Positions Force $1B Metals Selloff

When gold nose-dived 12% and silver crashed 33% in just one trading session on Friday, market chatter focused almost entirely on Kevin Warsh’s Fed nomination and a stronger dollar. But that simple narrative misses what actually happened: 79% of the drop had absolutely nothing to do with monetary policy.

Instead, the crash was a mechanical chain reaction waiting to happen. It was set off by three connected forces that hardly anyone is reporting: a massive $1.68 billion wave of cryptocurrency margin calls, regulators quietly raising margin requirements across three continents, and trading algorithms that trapped the…

Read more on Benzinga

Plan B Network Launches CypherTank Bitcoin Pitch Series

The Plan ₿ Network just announced the global premiere of CypherTank, a Bitcoin-focused pitch series designed to highlight innovative builders, explore bold ideas, and bring the global Bitcoin community directly into the conversation.

The series blends live pitching, founder storytelling, and community-driven discussion, all framed around Bitcoin culture and values. 

Each episode gives viewers an inside look at how entrepreneurs think, build, and pitch in the Bitcoin ecosystem, offering both entertainment and insight for enthusiasts, investors, and fellow builders alike.

Episode 1 is scheduled to debut on January 31, 2026, during Plan ₿ Forum El Salvador, with a live…

Read more on BitcoinMagazine

Tennessee Lawmakers Weigh Strategic Bitcoin Reserve Bill

Tennessee lawmakers are considering legislation that would allow the state to hold bitcoin as part of its public financial reserves. 

If passed, the measure would place Tennessee among a small group of U.S. states that have moved to formalize bitcoin holdings through statute.

House Bill 1695, known as the Tennessee Strategic Bitcoin Reserve Act, was filed earlier this month by Rep. Jody Barrett (R–Dickson). The bill is scheduled for consideration during the current session of the 114th Tennessee General Assembly. 

It would grant the State Treasurer authority to invest a limited share of select state funds in bitcoin.

The bill’s findings cite inflation as a central…

Read more on BitcoinMagazine

JPMorgan’s Dimon Blasts Coinbase CEO :‘You’re Full Of Sh—’

Brian Armstrong, the CEO of Coinbase, found himself at the eye of a widening storm between Wall Street and the crypto industry last week at the World Economic Forum in Davos — and it got personal. 

During a chance encounter over coffee with former U.K. prime minister Tony Blair, JPMorgan Chase CEO Jamie Dimon abruptly cut in, pointing a finger and telling Armstrong bluntly, “You are full of s—,” according to reporting from The Wall Street Journal. The outburst underscored some of the raw tensions happening between traditional banks and crypto firms over the future of U.S. financial regulation.

The confrontation, described by some attendees as uncharacteristically heated…

Read more on BitcoinMagazine

Jamie Dimon Reportedly Blasted Brian Armstrong In Davos: ‘You Are Full Of…’ – Coinbase Global (NASDAQ:COIN)

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong reportedly faced harsh criticism from Wall Street’s biggest bank chiefs at the World Economic Forum in Davos.

The Davos Showdown

JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon interrupted Armstrong’s coffee meeting with former U.K. Prime Minister Tony Blair to confront him directly according to a Wall Street Journal feature published on Friday.

“You are full of s—,” Dimon said with his index finger pointed at Armstrong’s face, telling him to stop lying on television. 

Armstrong had appeared on business TV accusing banks of trying to sabotage crypto legislation.

Bank of America (NYSE:BAC) CEO Brian Moynihan gave Armstrong 30…

Read more on Benzinga