Bitcoin's value plummeted over 13% to $63.6K, marking a continued decline as it fell below $70K. This drop reflects growing investor sell-off of the cryptocurrency.
U.S. Treasury Secretary Scott Bessent called for the passage of the Digital Asset Market Clarity Act, highlighting delays in the Senate due to disagreements among lawmakers and industry stakeholders.
February has been challenging for cryptocurrencies, particularly Bitcoin, which has dropped about 45% from its peak in October, with other cryptocurrencies experiencing similar declines.
The U.S. stock market saw a recovery on Friday, but weekly gains remained in the red. Notably, the Dow Jones reached a significant milestone by surpassing the 50,000 level for the first time.
Hyperscale Data reports total assets of approximately $323M, valuing shares at $0.90 each. Pre-market shares rose 4.54% to $0.19, with net assets around $125M. The company holds about $97M in cash and bitcoin as of January 31, 2026.
Bitcoin's significant decline has sparked renewed discussions in prediction markets about its potential future movements, shifting from attempts to reach $100,000 to a more cautious outlook among traders.
Zscaler acquired SquareX to bolster its Zero Trust security features in standard browsers, allowing organizations to implement lightweight extensions for enhanced security in the AI era.
A recent tax and spending package is expected to increase refunds for many Americans this filing season, primarily benefiting higher-income households and active investors, according to the New York Times.
The essay discusses Seeking Alpha's Catalyst Watch, highlighting key upcoming events that could influence stock prices in the week ahead, starting with a volatility watch for February 9.
U.S. stocks rose on Friday, recovering from prior losses as investors reacted to Amazon's mixed earnings amid a week of significant declines in tech shares. Key stock movements were noted during this recovery.
Stock index futures climbed after Wall Street's decline, with investors reacting to Amazon's earnings. Bitcoin also saw recovery, indicating a potential positive shift in the market.
Bitcoin rebounded in U.S. premarket trading after a significant drop of approximately 13%, recovering from falling below $65K, though it continues to face volatility.
Crypto-related stocks surged on Friday as major cryptocurrencies like Bitcoin and Ethereum recovered from a significant drop the previous day, with MicroStrategy, the top corporate Bitcoin holder, seeing a 21% increase.
The Nasdaq Composite rebounded significantly after a major selloff triggered by turmoil in crypto markets, indicating renewed investor confidence in risk assets.
Market volatility escalated on Thursday, with the Cboe Volatility Index (VIX) rising above 20 and reaching 23.1, a nearly 11.3% increase, as investor concerns heightened.
Bitfarms is transitioning from bitcoin mining to AI infrastructure, planning to redomicile to the U.S. and rebrand as Keel Infrastructure. This shift led to a 17% surge in shares.