Author: Kryptonews

An ether ETH$2,022.06 bull was caught leaning hard into the upside this week as the cryptocurrency tanked, turning the whale bet into a multi-million dollar horror story. That bull is Trend Research, a trading firm headed by Liquid Capital founder Jack Yi. The firm spent recent months building a bullish (long) bet worth $2 billion on ether by borrowing stablecoins from DeFi giant Aave, which were reportedly collateralized by ether.The position blew up this week, leaving the firm with a $686 million loss, according to Arkham. The blow up underscores the crypto market’s unchanged reality: Volatility can still make or…

Vietnam is preparing to introduce a tax framework for cryptocurrency transactions that would align digital assets with securities trading, according to a draft policy circulated by the Ministry of Finance.Under the proposal, individuals transferring crypto assets through licensed service providers would face a 0.1% personal income tax on the value of each transaction, local outlet The Hanoi Times reported. The structure mirrors the levy currently applied to stock trades in the country.According to the report, the draft circular, released for public consultation, classifies crypto transfers and trading as exempt from value-added tax. However, the turnover-based tax would apply to investors…

Despite the ongoing crypto downtrend, today, market analyst TIGER identified that the DIN (DIN) coin stands out in the larger market with strong upturns, capturing attention with a potential rally. The wider market continued its downturn today, February 6, 2026. Metrics from CoinMarketCap show that the total crypto market cap has been steadily falling over the past 30 days, currently standing at $2.33 trillion. As per the CoinMarketCap data, since January 14, last month, the market has lost a cumulative total of over $1 trillion over the past 22 days, indicating continuing bearishness and substantial selling activity in the crypto…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has slipped below the critical $2,000 level, reinforcing a broader bearish market structure as selling pressure intensifies across the crypto sector. The breakdown comes amid weakening macro sentiment, persistent outflows from risk assets, and declining confidence in short-term crypto demand. Together, these factors have pushed ETH into a defensive phase, with traders increasingly focused on downside liquidity zones rather than recovery signals. Recent data highlighted by Lookonchain points to three major on-chain liquidation clusters that could shape Ethereum’s next moves. These zones represent areas where leveraged…

Are you curious about what Zama is and how it’s shaping the future of blockchain technology? If you’ve ever wondered why public blockchains struggle with confidentiality, you’re not alone. Builders, businesses, and regulators all face the same tension between transparency and privacy, and that tension is driving growing attention toward encrypted computation and the ZAMA token that supports this emerging ecosystem.In this article, you will learn about Zama’s unique approach to solving privacy challenges, its torus fully homomorphic encryption (FHE) technology, and how it powers applications like private stablecoins, confidential DeFi, and privacy-preserving AI. We’ll also explore the ZAMA token’s…

The United States has approved a newly created national bank for the first time during President Donald Trump’s second term, granting a charter to crypto-friendly startup Erebor Bank.The Office of the Comptroller of the Currency (OCC) confirmed the approval on Friday, allowing the lender to operate nationwide, the Wall Street Journal reported, citing people familiar with the matter. The institution launches with about $635 million in capital and aims to serve startups, venture-backed companies and high-net-worth clients, a segment left underserved after the 2023 collapse of Silicon Valley Bank.Erebor is backed by a roster of prominent technology investors, including Andreessen…

Bitcoin exchange-traded funds (ETFs) continued to see outflows on Thursday, shedding almost $1 billion over the past two days as debate grows over their potential impact on the market.Data from SoSoValue shows that spot Bitcoin (BTC) ETFs recorded $434 million in net outflows on Thursday, following $545 million in redemptions the previous day.Monday’s $561 million in inflows was not enough to offset losses, leaving net weekly outflows at about $690 million as of Friday morning. Spot Bitcoin ETF flows since Monday. Source: SoSoValueThe latest withdrawals came amid a sharp drop in Bitcoin’s price, which briefly touched $60,000 for the first…

Key NotesLightning Network’s capacity reached over 5,600 BTC in December, up from 4,200 BTC earlier in 2025, signaling growing infrastructure strength.The protocol now processes roughly 15% of merchant Bitcoin payments, nearly double the 2023 rate, with major exchanges adding liquidity.SDM’s million-dollar pilot demonstrates Lightning’s potential shift from micropayments to institutional settlement infrastructure for high-value transfers. Secure Digital Markets sent $1 million to Kraken over Bitcoin’s Lightning Network on January 28, 2026, settling the transaction almost instantly with minimal fees—the first publicly disclosed seven-figure payment on the protocol. Lightning Network was built to handle small, everyday transactions, usually under $100. The…

Happy Friday! Qatar has unveiled ambitious details for its inaugural quadrennial contemporary art exhibition set to coincide with neighboring Frieze Abu Dhabi in November.   Fallout from the Epstein saga continues with new revelations of ties to SFMOMA. A small Michelangelo sketch of a foot just sold for a record $27.2 million. The Headlines QATAR’S NEXT MOVE. The first Art Basel Qatar comes to a close Saturday, but the Gulf emirate is already eyeing its next major art event: a new contemporary art quadrennial in Doha called Rubaiya Qatar , strategically timed to coincide with its neighbor’s launch of Frieze Abu Dhabi this November.…

Google search volume for the term “Bitcoin” surged over the past week as the asset’s price briefly fell to the $60,000 level for the first time since October 2024.Google Trends provisional data shows worldwide searches for “Bitcoin” reached a score of 100 for the week starting Feb. 1, the highest level in the past 12 months. The previous peak was a score of 95 in the week of Nov. 16–23, when Bitcoin (BTC) slipped below the psychological $100,000 level for the first time in nearly six months. Google search interest for the term “Bitcoin” surged since Feb. 1. Source: Google TrendsGoogle…