Deaton pointed to what he sees as an open clash between incumbents and upstarts, writing on X, “We see the old guard – JPMorgan and Jamie Dimon – publicly attacking the new guard – Coinbase and Brian Armstrong.”
FAQ Why is bitcoin below $70,000? Bitcoin has pulled back amid macro uncertainty, geopolitical tensions, and broader volatility across equities, bonds, and crypto markets. What is bitcoin’s price today? As of 10:20 a.m. EST on Feb. 5, bitcoin was trading below $68,000. What are analysts saying about the drop? Commentators are split, with some citing market pressure and others dismissing the move as short-term noise. Is this a bear market for bitcoin? Several industry figures argue the current downturn is mild compared with past cycles and does not invalidate the long-term thesis.Bitcoin’s $70,000 Line Breaks—and the Crypto Debate Erupts
Latest News

Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities
The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.Martha Grizzard
Hyperliquid Enables Permissionless Markets With HIP-4 Plan
Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.Christopher Smith
DTCC Launches Live Tokenized Asset Trading for Wall Street
The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.Cornell Rachel
South Korea Updates Asset Law to Include Cryptocurrency
The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.Martha Grizzard
New SEC Crypto Rule to Cut Red Tape for Startup Fundraising
The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.Martha Grizzard
Top
View more- 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
- 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
- 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
- 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better














