February 4, 2026 12:54:58 UTC
Cathie Wood Blames Binance Glitch for 2025 Crypto Crash
ARK Invest CEO Cathie Wood has blamed a Binance software issue for last year’s crypto flash crash, which saw Bitcoin fall from $122K to $105K, triggering $28 billion in forced margin calls and wiping out $19 billion in leveraged positions. The crash coincided with U.S. stocks losing $1.5 trillion amid China tariff fears. Binance founder Changpeng Zhao refuted the claim, citing that investigations found no core system outage. Binance has provided full compensation and established a $400 million relief fund for affected users. The debate highlights ongoing scrutiny over crypto platform stability during market turbulence.
February 4, 2026 12:46:19 UTC
Bitcoin Supply in Profit Plummets, Smart Money Eyes Opportunity
The number of Bitcoin ($BTC) coins in profit has dropped sharply from 19.8M to 11.2M, signaling that high-entry holders are selling at a loss. Long-term metrics suggest the market is entering a stress zone, historically a point where smart money starts accumulating. Analysts note that as weaker hands exit, stronger hands step in, making this a potential buying opportunity for institutional and long-term investors.
February 4, 2026 12:38:48 UTC
Bank of America Holds 13,000 Shares in XRP ETF
Bank of America (BofA) has disclosed owning 13,000 shares of the Volatility Shares XRP ETF, worth around $224,640, according to a Feb 3 SEC filing. The move shows BofA’s growing engagement with XRP, complementing its ongoing work with Ripple on cross-border payments and the RLUSD stablecoin. Spot XRP ETFs also saw $19.46M in inflows recently, though XRP remains under $1.60 amid market pressure. BofA continues to explore regulated crypto exposure for its clients.
February 4, 2026 11:45:23 UTC
Bitcoin Hits $72.9K Before Rebounding to $75K
According to QCP analysis, Bitcoin ($BTC) dipped to a post-election low of $72.9K before bouncing back to test $75K. The move saw falling futures open interest and negative funding, signaling deleveraging. Options data shows high short-term volatility and steeper downside risk, hinting at potential near-term weakness. Analysts say $75K is a key level: holding it encourages buying, while a break could trigger a more defensive market stance.
February 4, 2026 11:45:23 UTC
Bitcoin Price Today
Bitcoin ($BTC) saw wild price swings in under an hour, dropping below $73,000 and liquidating $285M, before quickly rebounding to $76,000, triggering another $100M in liquidations. Analysts note strong liquidity around $72,000–$74,000, which could be tested again, while the $78,000–$82,000 zone has significant liquidity, making it a likely target for the next move. Traders are closely watching these levels for short-term opportunities.
February 4, 2026 11:43:58 UTC
XRP Ledger Adds Permissioned Domains for Safer Institutional Use
The XRP Ledger has activated its Permissioned Domains feature, allowing accounts with proper KYC and AML credentials to access certain zones. Approved by over 80% of validators, this change lets banks set up safe transactions with up to 10 approved issuer pairs. Ripple CTO David Schwartz said it helps institutions, including Ripple’s 300+ partners, use the ledger confidently. A related Permissioned DEX upgrade is close to activation, further supporting compliant institutional adoption.
February 4, 2026 11:14:29 UTC
TRM Labs Raises $70M, Hits $1B Valuation
Blockchain analytics firm TRM Labs has closed a $70 million Series C funding round led by Blockchain Capital, with participation from Goldman Sachs, Bessemer, Brevan Howard, Thoma Bravo, and Citi Ventures, pushing its valuation to $1 billion. The firm provides blockchain intelligence software that helps track crypto-related crime, serving law enforcement agencies and private clients worldwide. This funding will accelerate TRM Labs’ growth and expand its global compliance and investigation solutions.
