Tuesday, February 10, 2026 at 7:00 PM
Wall Street's first public bitcoin-backed bond sale has encountered difficulties due to a significant decline in bitcoin's value, leading to forced liquidations of loans backing the bond.
Some of crypto’s biggest champions can’t put their finger on what went wrong.
The biggest U.S. crypto exchange reported a 22% drop in revenue for the fourth quarter, when prices of bitcoin and other digital assets fell sharply.
Futures pointed to another day of losses for U.S. stocks as fears over the scale of artificial-intelligence spending weighed on sentiment.
Shares of Strategy, Michael Saylor’s bitcoin-stockpiling company, have fallen sharply since crypto prices touched their all-time highs in October.
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