“Big Short” investor Michael Burry warned that Bitcoin (CRYPTO: BTC) has been exposed as purely speculative with “no organic use case reason to slow or stop its descent,” as BTC wiped out all post-election gains.

Burry’s Cascade Warning

Burry argued on Monday that Bitcoin failed to establish itself as a debasement hedge similar to precious metals, contradicting the argument that its fixed supply makes it comparable to gold.

“Sickening scenarios have now come within reach,” Burry wrote, warning that if Bitcoin falls another 10% from Monday’s levels, Strategy (NASDAQ:MSTR) will be billions in the red with capital markets essentially closed.

Unlike gold and silver, which surged…

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Prediction market platforms are competing to distribute free groceries in New York City, in a move reminiscent of Mayor Zohran Mamdani’s proposal for municipality-owned stores.

Free Groceries For New Yorkers?

Polygon (CRYPTO: POL)-based Polymarket said Tuesday it will launch “The Polymarket,” a “fully-stocked” physical store where New Yorkers can get free groceries.

Polymarket said they have signed the lease after months of planning. The store is set for a “grand opening” on Feb. 12.

The Manhattan-based startup has not disclosed the new store’s address. According to Business Insider, it will operate for a limited period, from next Thursday through Sunday.

Polymarket didn’t…

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Stockholm, 4th of February 2026 – Virtune today announces the completion of the monthly rebalancing for the Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:Virtune Bitcoin ETPVirtune Stellar ETPVirtune Staked Ethereum ETPVirtune Staked Solana ETPVirtune Staked Polkadot ETPVirtune XRP ETPVirtune Avalanche ETPVirtune Litecoin ETPVirtune Chainlink ETPVirtune Arbitrum ETPVirtune Staked Polygon ETP Virtune Staked Cardano ETPVirtune Crypto…

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Economist Mohamed A. El-Erian noted on Tuesday that gold has delivered higher returns than Bitcoin (CRYPTO: BTC) over the last five years.

Gold Outshines Bitcoin

 El-Erian, the Chief Economic Advisor at Allianz, took to X, comparing the performance of the two marquee assets.

“This outperformance is playing out this year…and also today, as gold bounces while Bitcoin continues to languish,” El-Erian said

Spot gold has had the better of Bitcoin lately, leading over the past year and over a 5-year timeframe.

In fact, Bitcoin has crashed below $73,000, hitting levels last seen in November 2024. Meanwhile, the yellow metal is on a record-breaking tear, surging to all-time highs…

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Popular market commentator and TV personality Jim Cramer made a rather dramatic plea to Strategy Inc. (NASDAQ:MSTR) Chair Michael Saylor on Tuesday, urging him to act and stop Bitcoin’s (CRYPTO: BTC) decline.

Cramer’s Proposal To Saylor

In an X post, Cramer suggested Saylor issue a zero-coupon convertible bond to limit Bitcoin’s downside at $73,802, a level he described as the “line in the sand.”

“Strategy’s earnings depend upon it, and what will you talk about when you report on Thursday. Let’s get this done,” Cramer made a tongue-in-cheek remark.

An hour later, Cramer identified another key level at $73,820, saying it cannot be breached. He again asked Saylor to use…

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Galaxy Digital Inc. (NASDAQ: GLXY) CEO Mike Novogratz on Tuesday called quantum uncertainty a “big excuse” for Bitcoin (CRYPTO: BTC) whales and long-term holders selling off their positions, even though he downplayed its long-term industry impact.

Quantum Computing Fears: Overblown Or Justified?

During the company’s fourth-quarter earnings call, Novogratz argued that concerns about quantum computing’s impact on Bitcoin have been exaggerated.

“Quantum has been the big excuse for people,” the cryptocurrency billionaire said. “I think in the long run, quantum will not be a huge issue for crypto. It will be a big issue for the world, but Bitcoin, especially, will be able to…

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SkyBridge Capital CEO and vocal cryptocurrency advocate Anthony Scaramucci advised steady accumulation rather than speculative trading for Bitcoin (CRYPTO: BTC) on Tuesday amid the apex cryptocurrency’s ongoing decline.

Scaramucci Wants Investors To Buy BTC’s Dip

Scaramucci endorsed Strategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor’s HODL mantra, saying, “Accumulate, don’t speculate.”

Scaramucci, who has 70% of his wealth tied in Bitcoin-related investments, said over the weekend that he was buying the latest dip.

Scaramucci Got It Wrong Last Year

Notably, Scaramucci stayed bullish on Bitcoin through much of last year, holding a $150,000 year-end price target until September.

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Leading cryptocurrencies plunged deeper on Wednesday

Cryptocurrency24-Hour Gains +/-Price (Recorded at 8:30 p.m. ET)Bitcoin (CRYPTO: BTC)-3.16%$76,338.32Ethereum (CRYPTO: ETH)               -3.47%$2,267.32XRP (CRYPTO: XRP)                         -1.28%$1.59Solana (CRYPTO: SOL)                         -4.43%$99.23Dogecoin (CRYPTO: DOGE)             +0.05%$0.1076Post-Trump Rally Reversed

Bitcoin tumbled below $73,000 to touch its lowest level since November 2024, wiping nearly all of the gains since President Donald Trump assumed office.

Ethereum sank to a nine-month low of $2,100, while Dogecoin traded flat, helped by…

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VistaShares has rolled out a new ETF that combines U.S. Treasuries, Bitcoin exposure, and an active options strategy, in line with the rising interest in hybrid ETFs that aim to optimize income without forgoing a defensive approach.

The VistaShares BitBonds 5 Yr Enhanced Weekly Option Income ETF (NYSE:BTYB) began trading on Tuesday, offering a portfolio that combines intermediate-term Treasury investments with a synthetic covered call strategy based on Bitcoin price changes. The fund is actively managed and one-of-a-kind.

Treasury Core With Bitcoin Exposure

The ETF is organized so that about 80% of the portfolio is invested in U.S. Treasury securities, Treasury futures, and ETFs focused on…

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