There Is No Bitcoin Conspiracy, Bitwise’s Matt Hougan Says: ‘Reality Is More Boring’

Bitwise Chief Investment Officer Matt Hougan dismissed conspiracy theories blaming Jane Street and others for Bitcoin’s (CRYPTO: BTC) decline, arguing “a bunch of people who were long Bitcoin sold their Bitcoin exposure” as BTC consolidates between key Fibonacci levels.

The Boring Reality

Hougan on X pushed back against escalating conspiracy theories targeting different firms each week. 

“First it was Binance and then it was Wintermute and then it was an unknown offshore macro hedge fund and then it was paper bitcoin and today it is Jane Street and next week it will be someone else,” Hougan wrote.

The actual reason is straightforward. People sold Bitcoin via spot, unwound…

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Binance Arbitration Push Denied By Judge In Crypto Loss Dispute Involving Changpeng Zhao

A federal judge on Thursday rejected a request by cryptocurrency exchange Binance (CRYPTO: BNB) for arbitration in a case involving customer claims over losses from unregistered tokens.

Customers Can Pursue Claims, Rules Judge

U.S. District Judge Andrew Carter of the Southern District of New York ruled that Binance failed to adequately inform its customers about changes to its terms of usage, reported Reuters. These changes included an arbitration requirement and a class-action waiver.

Carter deemed the alleged class-action waiver in Binance’s 2019 terms of use “ambiguous and unenforceable.”

A Binance spokesperson told Benzinga that the company would “vigorously defend the…

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Fred Thiel Says MARA Holdings Will Leverage Bitcoin Holdings For ‘Financial Flexibility’ As Firm Pivots Beyond Pure-Play Mining – MARA Holdings (NASDAQ:MARA)

MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel said Thursday the company plans to adopt an opportunistic approach, leveraging Bitcoin (CRYPTO: BTC) to enhance “financial flexibility” where appropriate.

MARA Records Paper Losses On Bitcoin

During MARA’s fourth-quarter earnings call, Thiel admitted that recent volatility in Bitcoin price has affected the sector’s sentiments and aspects of the company’s trading performance.

The company reported a fourth-quarter net loss of $1.7 billion, primarily due to a $1.5 billion hit from the fair value markdown on its Bitcoin holdings. The apex cryptocurrency tumbled 23% during the quarter.

“Historically, we retained the majority of the…

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Eric Trump Says He Believes In BTC ‘Long Term’ And American Bitcoin’s ‘Growth Metric’ Is To Increase Its Stash, Not Chase Exhashes Like Other Miners – American Bitcoin (NASDAQ:ABTC)

Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin Corp. (NASDAQ:ABTC), said Thursday that the company’s core long-term strategy is to increase Bitcoin (CRYPTO: BTC) on its balance sheet.

‘We Believe In Bitcoin In The Long Term’

During American Bitcoin’s fourth-quarter earnings call, Trump was asked about the company’s capital allocation between its mining segment and purchasing Bitcoin on the open market.

“We believe in Bitcoin in the long term, and when there are right and opportunistic moments where we believe that we can get a strong return on mining, we will do so,” he responded.

Trump said that the company will prioritize mining when it can secure a…

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Elizabeth Warren Says Trump’s Banking Regulator Looking Into His Family’s Crypto Bank Application: ‘The Public Deserves Transparency’

Sen. Elizabeth Warren (D-Mass.) pressed for details in a Senate hearing Thursday on the Trump family’s application to establish a stablecoin bank linked to their World Liberty Financial (CRYPTO: WLFI) platform.

Warren Demands Transparency On WLFI

Warren grilled Comptroller of the Currency Jonathan Gould on whether regulators obeyed the law on the bank charter application filed by World Liberty Financial—a firm co-founded by President Donald Trump’s sons.

Warren, Ranking Member of the Senate Banking Committee, said that OCC regulations require applicants to disclose all principal shareholders, who are persons with at least a 10% direct or indirect stake in the proposed bank, and…

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Bitcoin, Ethereum, XRP, Dogecoin Retreat As Nvidia Drags Down Tech Stocks: Analyst Highlights Historical ‘Sweet Spot’ Where BTC Bottomed – Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

Leading cryptocurrencies cooled down on Thursday amid uncertainty over potential market bottoms.

Crypto Market Takes U-Turn

Bitcoin reversed after Wednesday’s relief rally, while trading volume for the apex cryptocurrency dropped 22% over the past 24 hours. Ethereum fell sharply in the early trading hours but rallied to recover losses by afternoon.

Bitcoin’s market share narrowed to 58%, while Ethereum’s dominance fell to 10.5%.

Over $240 million was liquidated from the market in the last 24 hours, according to Coinglass, with bullish long traders bearing the brunt of the losses.

Bitcoin’s open interest fell 2.39% over the past 24 hours, aligning with the correction in spot price….

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TeraWulf Stock Slumps After Q4 Earnings: Here’s Why – TeraWulf (NASDAQ:WULF)

TeraWulf, Inc. (NASDAQ:WULF) shares dropped in Thursday’s extended trading after the company released its fourth-quarter earnings report, missing estimates on the top and bottom lines.

Here’s a look at the details from the report   

The Details: TeraWulf reported quarterly losses of 29 cents per share, which missed the Street estimate for a loss of 13 cents.

Quarterly revenue of $35.84 million missed the consensus estimate of $45.78 million by 21.73%, according to data from Benzinga Pro.

Digital asset revenue was $26.1 million for the three months ended Dec. 31, 2025, as compared to $43.4 million for the prior quarter, primarily driven by lower Bitcoin production and its price… Read more on Benzinga

MARA Holdings Stock Surges On Data Center Development Deal With Starwood – MARA Holdings (NASDAQ:MARA)

MARA Holdings Inc (NASDAQ:MARA) shares are rising in extended trading on Thursday after the company reported fourth-quarter results and announced an agreement to convert facilities into digital infrastructure sites.

MARA Misses Estimates In Q4

MARA said it mined 2,011 Bitcoin in the fourth quarter and purchased 1,670 as part of its broader Bitcoin treasury strategy.

MARA Partners With Starwood

MARA Holdings entered into a strategic agreement with Starwood Capital Group to enable the conversion and expansion of select MARA sites into digital infrastructure capable of meeting the growing demand from enterprise, hyperscale and AI customers.

The companies said they expect to deliver approximately…

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