Crypto winter fears rise as Bitcoin slides
Bitcoin’s sharp decline has reignited debate over whether the market has entered a new crypto winter, with veteran investor Michael Burry warning prices could fall as low as $50,000.

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
Bitcoin’s sharp decline has reignited debate over whether the market has entered a new crypto winter, with veteran investor Michael Burry warning prices could fall as low as $50,000.
MetaMask has launched access to tokenised US stocks, exchange-traded funds and commodities for non-US users through a partnership with Ondo Finance.
Russia has used its central bank digital currency for the first time to fund construction linked to the Moscow Metro, ahead of a nationwide digital ruble rollout on September 1.
Trump Media & Technology Group has launched a Digital Token Initiative that will allow eligible shareholders to receive non-transferable digital tokens linked to its Truth Social platform.
Queensland-based Graphinex has finalised a major agreement to supply graphite to a new Japanese refinery.
Elanor Investors Group (ASX:ENN) has terminated its management and property agreements with the Elanor Commercial Property Fund.
ASIC urges superannuation trustees to bolster anti-scam measures after a review revealed funds lag significantly behind banks in protecting $4.3 trillion in retirement savings.
Pinnacle Investment Management (ASX:PNI) reported an 11% decline in first-half net profit and signed a definitive agreement to acquire the remaining 79.2% stake in Pacific Asset Management.
Cango (NYSE:CANG) reported a slowdown in Bitcoin production for January as extreme winter weather hampered operations, prompting the company to break its long-standing "HODL" strategy to fund a pivot into artificial intelligence infrastructure.
Eaton (NYSE:ETN) shares tumbled Tuesday after the power management leader issued a fiscal 2026 forecast that trailed analyst expectations, despite delivering record-breaking fourth-quarter results fueled by the global energy transition.