Crypto bear market is nearing end, with $60K as key bitcoin floor, Compass Point analysts say

admin February 3, 2026 Leave a Comment

Further downside would likely require a U.S. equity bear market, analysts say, as bitcoin tests weak support.

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author: admin

Trump faces criticism as ‘beyond unprecedented’ UAE crypto deal raises conflict of interest fears February 2, 2026
The White House says the president is ‘not involved’ in running his businesses. Ethics experts remain concernedDonald Trump has been accused of “corruption, plain and simple” after it was revealed that a member of the Emirati royal family was behind a $500m investment into the Trump family’s cryptocurrency company.Ethics experts say the deal – struck […]
Gold and silver prices seesaw as FTSE 100 hits record high February 2, 2026
Trump’s pick of ‘respected central banker’ Kevin Warsh as Fed chair prompts investors to sell safe haven assetsGold and silver prices seesawed on Monday, after a “meltdown” in the metals market deepened and rattled investors around the world.Gold prices tumbled by as much as 8% to $4,465 an ounce on Monday, ending a run of […]
Coinbase adverts banned in UK for suggesting crypto could ease cost of living crisis January 28, 2026
Advertising Standards Authority says firm advised by George Osborne ‘trivialised risks of cryptocurrency’A cryptocurrency company advised by George Osborne has been banned from showing a set of adverts that suggested using its services could be a solution to the cost of living crisis.Coinbase, which appointed the former Conservative chancellor to chair its global advisory council […]
SEC drops lawsuit against Winklevoss twins’ crypto firm January 26, 2026
Move comes as the SEC has taken a series of friendly stances towards the cryptocurrency industry under TrumpThe US Securities and Exchange Commission (SEC) on Friday agreed to dismiss its enforcement case against a cryptocurrency exchange founded by the billionaire twins Tyler and Cameron Winklevoss, after investors in its lending program recovered their assets in […]
Former FTX crypto executive Caroline Ellison released from federal custody January 22, 2026
Ellison testified against Sam Bankman-Fried, FTX’s founder and her ex-partner who was sentenced to 25 years in prisonThe Disgraced former cryptocurrency executive Caroline Ellison has been released from federal custody after serving about 14 months for her involvement in the multibillion-dollar FTX fraud scandal. Ellison was previously head of FTX’s associated trading arm and the […]

Leave a Reply Cancel reply

Elon Musk Merges SpaceX With His A.I. Start-Up xAI February 3, 2026
The deal further intermingles Mr. Musk’s companies and creates the most valuable private company on earth.
Waymo Raises $16 Billion to Fuel Global Ambitions February 3, 2026
The self-driving car company, an arm of Google’s parent company, is rapidly expanding its service beyond a handful of cities.
Energy Bills Have Soared Recently. How Can States Bring Costs Down? February 2, 2026
Energy experts said governors and legislatures had tools to keep electricity prices from rising further, and might even be able to lower them.
A Social Network for A.I. Bots Only. No Humans Allowed. February 2, 2026
A new website called Moltbook has become the talk of Silicon Valley and a Rorschach test for belief in the state of artificial intelligence.
Jeff Bezos’s Rocket Company Blue Origin Pauses Space Tourism to Focus on the Moon February 2, 2026
The New Shepard rocket from Blue Origin, which brought 92 people on trips to the edge of space, will cease flying for at least two years as the company prioritizes NASA contracts.
Microsoft Pledged to Save Water. In the A.I. Era, It Expects Water Use to Soar. February 1, 2026
Driven by the artificial intelligence frenzy, Microsoft is internally projecting that water use at its data centers will more than double by 2030 from 2020, including in places that face shortages.
The Social Media Addiction Trials: What to Know February 1, 2026
Landmark trials beginning this week will test a new legal strategy claiming that Meta, TikTok, Snap and YouTube caused personal injury through addictive products.
The Tech Arsenal That ICE Has Deployed in Minneapolis January 31, 2026
Agents use facial recognition, social media monitoring and other tech tools not only to identify undocumented immigrants but also to track protesters, current and former officials said.
Tesla’s Model S, Soon to Be History, Changed the Auto Industry January 30, 2026
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
Tech Grapples With ICE + Casey Tries Clawdbot, a Risky New A.I. Assistant + HatGPT January 30, 2026
In Minneapolis, it has become a battle of phone versus phone.
With AlphaGenome, Researchers Are Using A.I. to Decode the Human Blueprint January 30, 2026
AlphaGenome is a leap forward in the ability to study the human blueprint. But the fine workings of our DNA are still largely a mystery.
Meta Forecasts Spending of at Least $115 Billion This Year January 30, 2026
That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.
Apple Reports Record iPhone Sales Amid Holiday Bump January 30, 2026
New phone designs, coupled with robust holiday spending, continued to lift iPhone sales in the quarter and drove the company to record profits.
OpenAI in Talks to Raise as Much as $100 Billion January 29, 2026
OpenAI’s discussions with Microsoft, Nvidia, Middle Eastern sovereign wealth funds and others could value it at $750 billion or more.
Tesla Profit Slumps, but Investors May Not Care January 29, 2026
The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup.
Microsoft Continues to Spend Big on A.I. While Profit Jumps 60% January 29, 2026
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 7 percent in after-hours trading.
How the A.I. Boom Could Push Up the Price of Your Next PC January 29, 2026
A.I. companies are buying up memory chips, causing the prices of those components — which are also used in laptops and smartphones — to soar.
Amazon and Google Eat Into Nvidia’s A.I. Chip Supremacy January 29, 2026
The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn’t the only game in town.
Amazon to Cut 16,000 Jobs in Latest Round of Layoffs January 28, 2026
The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence.
Meta Campaigns to Change Opinions on Data Centers January 27, 2026
The tech giant has spent more than $6 million on TV ads in state capitals and Washington, with the message that data centers create jobs.

Crypto bear market is nearing end, with $60K as key bitcoin floor, Compass Point analysts say

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a Reply Cancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories