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Sen. Cynthia Lummis Tells Banks to Stop Fighting Stablecoins and Start Using Them

U.S. Sen. Cynthia Lummis urged American banks to embrace stablecoins and digital assets, arguing they represent a new financial product rather than a threat as Congress struggles to advance stalled crypto legislation. Banks should see stablecoins as a way to expand services, not defend turf, Lummis said during a Feb. 6 appearance on Fox Business, […] from Bitcoin News https://ift.tt/tlVKXg0
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Prediction Markets Price Patriots Loss Ahead of Super Bowl LX

Prediction markets across Kalshi, Polymarket, and Myriad are signaling a strong consensus that the New England Patriots will lose Super Bowl LX on Feb. 8, with pricing one day before kickoff historically among the most reliable signals these platforms produce. Kalshi, Polymarket, and Myriad Agree: Patriots Face Long Odds on Super Bowl Sunday As of […] from Bitcoin News https://ift.tt/Ue4tPQG
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Bitcoin Slips Deeper Into Bear Territory, Cryptoquant Analysis Shows

Bitcoin is entrenched in a bear market, according to new onchain research from Cryptoquant, which shows weakening demand, contracting liquidity, and deteriorating technical structure across the network. Cryptoquant Researchers See No Relief Yet for Bitcoin’s Bear Market In its February “ Bear Market Assessment” report, Cryptoquant researchers report that bitcoin peaked near $126,000 in early […] from Bitcoin News https://ift.tt/Wuj31Sn
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‘Mathematical Limit’ Reached? BTC Reclaims $71,000 as RSI Hits Oversold Levels

On Feb. 6, 2026, bitcoin rebounded 15% from the previous day of just below $60,000 to over $71,000, restoring its $1.4 trillion market cap after a sharp selloff. Liquidation Engine: The Mechanics of the Rebound On Feb. 6, 2026, bitcoin finally halted a harrowing freefall that had effectively neutralized the “Trump Bump,” erasing nearly all […] from Bitcoin News https://ift.tt/XCoLSOy
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Brazil Prepares to Tax Cryptocurrency Flows

The Ministry of Finance will put a decree that equates cryptocurrency transactions to foreign currency exchanges to public consultation, a move that would allow the government to tax these flows. The subject is expected to spark a fierce discussion in Congress and even legal actions. Brazil Aims to Tax Crypto Flows by Decree, Strong Opposition […] from Bitcoin News https://ift.tt/7RVPHgq
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From Safe Haven to Stress Test: Gold and Silver Prices Feel the Heat

Precious metals are tracking the sell-off in U.S. equities and crypto markets on Thursday, with bellwethers gold and silver continuing their downward march. Gold is down 1.35% on the day, while silver is taking the harder hit, shedding nearly 10% and making gold’s stumble look almost polite by comparison. Gold Drops, Silver Staggers as Market […] from Bitcoin News https://ift.tt/LVbUkoy
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Prediction Markets Price Bitcoin Stability, Not Explosive Upside, for Early 2026

Bitcoin prediction market contracts across multiple platforms are converging around a narrow price band for early 2026, with traders broadly assigning low probabilities to aggressive upside scenarios and treating six-figure outcomes as long-shot events. Prediction Markets Point to $65K as Bitcoin’s Most Likely February Outcome On Polymarket, the most actively traded contract asks what price […] from Bitcoin News https://ift.tt/2DtcRmP
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