Bitcoin extends decline, falling over 5% to below $64,000

Bitcoin tumbled more than 5% to fall below $64,000 on Tuesday as investors continued to grapple with escalating tariff tensions and broader geopolitical risks. The world’s largest cryptocurrency fell as low as $63,396 amid investor pressure to move away from risk assets. “The move lower in bitcoin looks less like a crypto‑specific shock and more…

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No bailout for crypto billionaires

Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing and Urban Affairs Committee, speaks during a hearing in Washington, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images Sen. Elizabeth Warren asked the Treasury Department and the Federal Reserve on Wednesday to confirm that they will not “use taxpayer…

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`Very, very important’ to have crypto rules

David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC Goldman Sachs CEO David Solomon said Wednesday “it is very, very important that we codify a rule-based system” for how cryptocurrency and related financial instruments will operate” in the…

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