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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…
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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…
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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…
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The bitcoin price climbed back above $70,000 on Saturday, rebounding from a sharp drawdown earlier this month as cooler-than-expected U.S. inflation data helped revive risk appetite across markets. The recovery comes after a brutal stretch that saw billions in realized losses and persistent signs of investor anxiety.
Bitcoin was trading around $70,215 at press time, up roughly 2% over the past 24 hours, with daily volume near $43 billion. The move leaves the bitcoin price sitting just below its seven-day high of $70,434, according to market data, and pushes its global market capitalization back above $1.4 trillion.
The latest upside followed January’s Consumer Price Index report,…
Read more on BitcoinMagazine
Bitcoin (CRYPTO: BTC) may have been hammered in the ongoing slump, but is it enough to swap your digital fortune for a beachfront luxury pad? Well, real estate mogul Grant Cardone is making that exact offer.
Cardone Bets On BTC Over Fiat, Real Estate
Earlier this week, Cardone listed his 10,000 sq ft Golden Beach mansion for 700 BTC, worth $46.58 million at current prices. The mansion has 7 bedrooms, 6 garages and a private shoreline.
Cardone invited early Bitcoin holders, also referred to as OGs in cryptocurrency lingo, to make the move.
Cardane said that his neighbour listed their property for $88 million, significantly higher than his listing.
“Let the neighbor take more fiat. I’ll…
Read more on Benzinga
