The digital asset market suffered a major blow this Thursday, February 5, 2026, as the Bitcoin price plummeted below the psychological barrier of $70,000. This crash, which saw the cryptocurrency touch lows of $69,100, represents the lowest level recorded since November 2024, effectively erasing fifteen months of gains accumulated by bullish investors in a single session.
Author: olivia
olivia
Olivia reports on regulation, compliance, and policy developments shaping the crypto industry. Her coverage examines how legal and regulatory decisions influence market structure, project development, and industry behavior.She also follows Web3 initiatives and altcoin markets when regulatory changes are a key factor.
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In a historic milestone for the digital finance ecosystem, USDT adoption has surpassed the 534 million user mark worldwide. According to Tether’s Q4 2025 market report, the company added more than 35 million new participants in just three months, maintaining a constant exponential growth pace for the past eight consecutive quarters despite broader market trends.
Ripple announced the integration of Ripple Prime with Hyperliquid, enabling it to provide its institutional customers with direct access to on-chain perpetual futures, access to new markets, and XRP collateralization.
Utexo, an emerging project that aims to enable native USDT transactions on Bitcoin, has joined the CTDG Dev Hub. This is a collaborative development center designed to foster research and innovation in blockchain infrastructure.
Solana staking surged 150%, and potential scenarios place the token at $65, even though its price dropped more than 8% in the last 24 hours. However, on-chain data suggests a positive outlook for price recovery.
TRM Labs raised $70 million in a Series C funding round, valuing the company at $1 billion and achieving unicorn status. The round included institutional participants such as Goldman Sachs, as well as other venture capital investors.
Pi fell 94% during February, and to support its value and prevent further declines, its team transferred a total of 500 million tokens to their own wallets. The token reached an all-time low near $0.1460 and was trading around $0.16 as unlocks that increased supply and low liquidity amplified selling pressure.
Mercado Bitcoin announced it has deployed over $20 million of tokenized private debt on Rootstock, marking a significant expansion of its real-world asset (RWA) strategy in Latin America. The move provides Bitcoin-anchored exposure to private debt and positions the firm to scale to $100 million in issuances by April 2026.
Bitcoin ETF assets slipped below the 100 billion dollar mark this Tuesday, following net outflows of 272 million dollars. According to SoSoValue data, this decline marks the first time that the total management of these financial vehicles has fallen below this level since April 2025, reflecting persistent volatility within today’s institutional digital market.
The financial firm Galaxy Digital losses amounted to 482 million dollars during the fourth quarter of the year 2025, according to official statements. Michael Novogratz, the organization’s CEO, attributed this outcome to the sharp depreciation of digital assets and exceptional costs totaling approximately 160 million dollars, marking a challenging period for the overall balance sheet.
