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Feb. 3, 2026, 11:05 p.m.

Mostly Bitcoin — Daily Digest (Feb 3, 2026)

Mostly Bitcoin Mostly Bitcoin

Mostly Bitcoin — Daily Digest

Last 24 hours of mainstream crypto coverage

February 3, 2026


Bitcoin’s Pain Trade Inflicts Maximum Punishment on Shareholders — bloomberg.com

David Pan reports on how the unwinding of Bitcoin’s record rally since the re-election of Donald Trump is weighing on the shareholders of the dozens of digital asset treasury companies that sprung up during the euphoria.


Watch Stocks Fall Ahead of Earnings as Bitcoin Sinks to Post-Election Low | Closing Bell — bloomberg.com

Watch Stocks Fall Ahead of Earnings as Bitcoin Sinks to Post-Election Low | Closing Bell Bloomberg


Cops address ‘possible ransom note’ in Savannah Guthrie’s mom’s disappearance — pagesix.com

The alleged note reportedly demanded an amount of Bitcoin in the millions and asked that the cryptocurrency be sent to a specific Bitcoin address.


Cops reveal they are aware of ‘possible ransom’ note for Savannah Guthrie’s mom, say ‘taking all leads very seriously’ — nypost.com

A purported ransom note for Savannah Guthrie's missing mom was sent to media outlet TMZ Tuesday — with the supposed kidnappers demanding millions of dollars in Bitcoin for her safe return.


Michael Burry Warns of Cascading Effects From Bitcoin Plunge — bloomberg.com

Famed investor Michael Burry warned that Bitcoin’s slump through some important thresholds could have cascading effects leading to massive value destruction.


TMZ Receives Alleged Ransom Note for Savannah Guthrie’s Mom Nancy Demanding ‘Millions’ in Bitcoin; Police ‘Taking All Tips Very Seriously’ — variety.com

TMZ reports it has received an alleged ransom note “demanding payment for the release of Nancy Guthrie,” the 84-year-old mother of “Today” anchor Savannah Guthrie. The media outlet claims the ransom note was sent on Tuesday, Feb. 3 and “demands a specific


Nancy Guthrie’s Alleged Abductors Demand Ransom From Media Outlet — dailycaller.com

An element of 'or else' existed in the message


Moltbook is scary—but not for the reasons so many headlines said — fortune.com

Hello and welcome to Eye on AI. In this edition…why you really should be worried about Moltbook…OpenAI eyes an IPO…Elon Musk merges SpaceX and xAI…Novices don’t benefit as much from AI as people think…and why we need AI regulation now. This week, everyone


Stocks and bitcoin sink as investors dump software company shares — nbcnews.com

Stocks and bitcoin sink as investors dump software company shares NBC News


‘Don Colossus’ — a 22-foot tall Golden statue of Trump — is set to rise where US will host world leaders for G20 — independent.co.uk

The bronze likeness of the 45th and 47th president was commissioned by a group of cryptocurrency investors


Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes — cnbc.com

Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes CNBC


CFTC chief says pending crypto bill will make US the 'gold standard' for digital asset regulation — foxbusiness.com

CFTC Chairman Michael Selig said the market structure bill moving through Congress would make the United States the "gold standard" for crypto regulation, arguing that clear rules are long overdue for digital asset markets. Selig said the U.S. has lacked


Bitcoin Drops to Lowest Price Since Trump’s Election Victory — bloomberg.com

Bitcoin dropped to its lowest price level since Donald Trump retook the White House a little more than a year ago, erasing the gains registered by the bellwether digital asset since the election victory of the crypto-friendly US president.


Trump’s War on History — motherjones.com

On a June afternoon in Washington, swarms of mosquitoes were feasting on thousands of Americans as they watched a military parade roll past the National Mall. It was the US Army’s 250th birthday, which also happened to be President Donald Trump’s 79th, and


One of the Dumbest Schemes on Wall Street Might Finally Be Falling Apart — slate.com

Crypto treasury companies quietly crept into index funds and retirement accounts. This collapse is good news for all of us.


‘Don Colossus,’ a Golden Statue of President Trump, Waits for Its Home — nytimes.com

A group of cryptocurrency investors backing a memecoin hopes the statue will soon be installed at one of Mr. Trump’s golf courses in Florida.


The Coming Crypto Apocalypse — project-syndicate.org

The future of money and payments will feature gradual evolution, not the revolution that crypto-grifters promised. Bitcoin and other cryptocurrencies’ latest plunge further underscores the highly volatile nature of this pseudo-asset class; one only hopes


US probes crypto platforms over possible Iran sanctions evasion — jpost.com

US authorities are examining whether crypto platforms helped Iranian officials evade sanctions, as digital currency use in Iran surged to billions of dollars last year.


Famed startup incubator Y Combinator to let founders receive funds in stablecoins — fortune.com

In the latest sign of digital currencies going mainstream, Silicon Valley’s most prominent startup incubator will allow its spring cohort of entrepreneurs to receive their funding in stablecoins. YCombinator, whose alumni include the founders of Airbnb and


Trump family’s $4 billion graft shows no signs of stopping — salon.com

Donald Trump announced last week that he is suing the Internal Revenue Service for $10 billion because a contractor leaked his tax returns. This isn’t the first time the president has sued the federal government. He has already filed claims against the


Saudi traditional savings circles go digital — semafor.com

The Scene Saudi fintech Hakbah is pushing to formalize one of the region’s oldest financial habits, savings circle, as the kingdom prepares a new National Savings Strategy aimed at bringing more household money into the banking system. Founder Naif


Palantir’s blockbuster earnings fired a starting gun on a global rally in stocks — fortune.com

A huge global rally in stocks is underway today after Palantir delivered yet another blockbuster earnings call that blew through analysts’ expectations yesterday and—separately—a poll of manufacturers showed they were surprisingly optimistic about the


The Etiquette of AI in the Group Chat — theatlantic.com

My friend recently attended a funeral, and midway through the eulogy, he became convinced that it had been written by AI. There was the telltale proliferation of abstract nouns, a surfeit of assertions that the deceased was “not just X—he was Y” coupled


Why President Trump’s latest crypto scandal could spell disaster for the blockchain industry — fortune.com

Just over a year ago, I stood in a gilded Washington, D.C. ballroom during inauguration weekend, surrounded by the blockchain industry’s top executives and investors. They had traded in their hoodies for tuxedos and gowns, celebrating the ascension of the


Donald Trump set to welcome Colombian president to White House for talks – US politics live — theguardian.com

US president to meet with Gustavo Petro weeks after threatening military action in the country Bill and Hillary Clinton agreed on Monday to testify in a House investigation into the convicted sex offender Jeffrey Epstein, days before the chamber was


China targets global reserve currency status but capital controls push traders toward USDT and Bitcoin — cryptoslate

China targets global reserve currency status but capital controls push traders toward USDT and Bitcoin CryptoSlate


Warsh or Not, The Fed’s Next Chair Will Inherit Too Much Power — thedailyeconomy.org

President Trump has nominated Kevin Warsh to succeed Jerome Powell, whose term as Federal Reserve Chair expires in May 2026. Trump has made no secret of his desire to influence monetary policy. He has consistently called for “Too Late” Powell to bring


South Korea enlists AI to spot pump and dump schemes on social media, or in Spam — theregister.com

Main stock exchange targets shares, government agency looks for crypto crooks South Korea’s government and main stock exchange have developed and deployed AI-powered tools to detect schemes that aim to send the price of cryptocurrencies and shares soaring


Bitcoin Stalls After Weak Rebound as Options Signal Caution — bloomberg.com

Bitcoin remained under pressure Tuesday, stalling after a brief rebound from a 10-month low as trader caution persisted in options activity.


Is this the end of private equity? — unherd.com

The precious metal dealers of New York’s Diamond District have had a wild week. Last Thursday, as the price of gold and silver plunged after a spectacular rally, New Yorkers rushed to sell their jewellery. The Financial Times reported that at least three


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