Listen to today’s podcast: https://www.youtube.com/channel/UC-nqwUyvLDEvs7bV985k-gQ
Bitcoin/Crypto Daily Podcast 02/02/2026
Todays podcast episode was created from the following stories: a fast-moving selloff across majors, eye-opening liquidation data, security risks in DeFi, and institutional moves that could shape market structure and policy narratives ahead.
Bitcoin drops to $78,000 as MicroStrategy-fueled rally runs out of buyers, traders say
Read the full story • By Shaurya Malwa • Date: Feb 1, 2026
Bitcoin slid below $80,000 to its lowest levels since April 2025 as thinning liquidity, fading inflows, and profit-taking triggered a sharp move lower. More than $1.6 billion in leveraged positions were liquidated, while on-chain data shows realized cap flatlining, signaling a lack of new money. Analysts expect a period of broad, sideways consolidation rather than a quick rebound.
Tom Lee–Linked Bitmine Sits on $6B in Unrealized Losses on ETH Reserve
Read the full story • By Unknown • Date: Not provided
Bitmine Immersion Technologies, linked to investor Tom Lee, reportedly faces roughly $6 billion in unrealized losses after heavy ether accumulation before the latest downturn. The episode highlights how corporate crypto treasuries can amplify balance-sheet risk when markets fall and liquidity thins.
Single trader just lost $220 million as ether plunged 10%
Read the full story • By Shaurya Malwa • Date: Feb 1, 2026
A single ETH-USD position worth about $222.7 million on Hyperliquid was wiped out amid a wider liquidation wave that topped $2.5 billion across crypto. Longs bore the brunt as thin weekend liquidity exacerbated price moves. Traders are watching liquidation heatmaps for potential capitulation signals and reversal setups.
Bitcoin fällt auf tiefsten Stand seit April 2025
Read the full story • By red, ORF.at/Agenturen • Date: Feb 1, 2026
Bitcoin dropped to about $75,555 on Bitstamp, the lowest since April 2025, extending its year-to-date decline to roughly 10% and putting it nearly 40% below Novembers record high. Despite the pullback, BTC still dominates with about $1.6 trillion in market cap, far ahead of Ethereum and Tether.
Bitcoin’s price may have seen ‘deepest pullback’ at $77K: Analyst
Read the full story • By Ciaran Lyons • Date: Feb 1, 2026
Analyst PlanC suggests the weekend drop toward $77,000 could mark the deepest pullback of this cycle, while others warn of potential downside toward $60,000–$65,000 later this year. Weekend volatility remains a wildcard, with some urging caution against overreacting to sharp off-hours moves.
Step Finance treasury breach leads to $27M in losses, STEP crashes 90%
Read the full story • By Amin Haqshanas • Date: Feb 1, 2026
Step Finance disclosed a security breach of several treasury wallets, with on-chain data indicating about 261,854 SOL (~$27.2 million) moved from team-controlled addresses. STEP plunged over 90% as the team investigated the attack vector, underscoring how crisis response and communication often determine whether projects recover post-incident.
UAE firm bought 49% of Trump-linked crypto startup for $500M: WSJ
Read the full story • By Amin Haqshanas • Date: Feb 1, 2026
An Abu Dhabi vehicle backed by Sheikh Tahnoon bin Zayed reportedly purchased 49% of World Liberty Financial for $500 million in early 2025, with significant proceeds flowing to Trump family-linked entities. The deal, which included board seats, drew scrutiny amid overlapping AI, chip-access diplomacy, and allegations around token sales counterparties; parties deny wrongdoing.
Bitcoin Active Addresses Fall To 2020 Lows Following $83,000 Failure — What To Expect
Read the full story • By Semilore Faleti • Date: Feb 1, 2026
Active Bitcoin addresses have fallen to roughly 720,000, the lowest since April 2020, even as price remains far higher than back then. The divergence suggests weak organic demand, raising the risk of further downside unless on-chain user activity accelerates.
Here’s Why Bitcoin And The Crypto Market Are Crashing This Weekend — Details
Read the full story • By Opeyemi Sule • Date: Feb 1, 2026
Analysts cite choppy liquidity and extreme leverage as key drivers, with three distinct liquidation waves exceeding $1.3 billion. More than $2.5 billion in leveraged longs were flushed, including $1 billion in five minutes as BTC briefly touched ~$76,000, illustrating how herd sentiment can magnify swings.
Tom Lee’s BitMine sits on $6 billion loss from ether bets
Read the full story • By Shaurya Malwa • Date: Feb 1, 2026
BitMine Immersions 4.24 million ETH stash has slid in value to about $9.6 billion from nearly $14 billion, leaving over $6 billion in paper losses after additional buying last week. Staking revenue around $164 million per year offers limited cushion during fast drawdowns, and Chairman Tom Lee warns deleveraging could persist into early 2026, spotlighting the risks of large corporate crypto treasuries.
Conclusion: Across the board, the weekend underscored a market dictated by liquidity and leveragefrom bitcoins slide and record liquidations to falling on-chain activity and renewed scrutiny of corporate treasuries. Add in a high-profile DeFi breach and geopolitical-financial crosscurrents, and the throughline is clear: risk management, transparency, and patience are paramount as crypto works through a messy deleveraging phase.
