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Degens Deteriorating
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Today's high $67,030, with the latest ATH at $126,272.

It has been 136 days since the last ATH.

ATHs per year: 2010: 11, 2011: 28, 2013: 35, 2017: 67, 2020: 11, 2021: 23, 2024: 21, 2025: 12. bitcoin $BTC ATH BitcoinChartBot

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Karan Gupta, age 47, a Senior Director at Optum, a subsidiary of United Health Group, was found guilty after a six day trial on multiple counts, including fraud and money laundering conspiracy, for hiring an unqualified friend for a position where the friend did no work and paid half his unearned salary in kickbacks to Gupta, whose fraud totaled more than $1.2 million. DMNnews

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17-year-old Paralympic archer Sheetal Devi. No arms, all bullseyes

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Yet another wave of aerial-refueling tankers have departed bases in the United States and are preparing to cross the Atlantic towards Europe, including several KC-46A Pegasus from Travis Air Force Base in California

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JUST IN: OpenAI closes in on record-breaking $100B+ funding round that could push valuation past $850B, Bloomberg reports

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Kai Cenat has not streamed on Twitch in over 4 months

He is currently earning $250,000 per month from paid subscribers

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Former South Korean President Yoon Suk Yeol has been found guilty of β€œleading an insurrection” for which he will serve life in prison, despite the death penalty being requested by prosecutors, following a failed attempt at martial law by Yeol and senior members of the military in December 2024

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Bitcoin is plotting its 5th consecutive red candle for the 2nd time in history.

The first time we saw six consecutive red candles was in 2018–2019. After that, Bitcoin printed 5 consecutive green candles with 4x pump, 3 of which gained more than +25%.

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NOW - Greece's PM says banning social media for minors and adolescents "goes hand in hand with a democratic responsibility" to ensure "that technology strengthens the public square rather than overwhelms us with disinformation and hate," and that if dialogue with big tech fails, "regulation will be the only answer."

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JUST IN - Six unmarked police cars with plain clothed officers arrive at Andrew Mountbatten-Windsor's home on his 66th birthday

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THIS IS WHY YOUR CRYPTO BAGS ARE DUMPING

It's not due to quantum FUD.

It's not due to the Fed being hawkish.

The biggest reason is the liquidity crisis.

As of now, a massive amount of liquidity has been drained by the US Treasury to refill its TGA account.

In the past month, Treasury has sucked out almost $150 billion from the economy.

Now add an already weakening economy on top of a liquidity crisis, and we have a perfect recipe for risk-on asset underperformance.

And crypto is not the only thing that is being sold off.

All the Mag7 stocks have been down YTD in 2026, with a few of them down 12%-15% this year.

So, does that mean the dump will continue?

Well, the TGA balance is already at $922 billion, and this has been the ceiling since the 2020 pandemic ended.

So until a pandemic or WWIII starts, the next step will be the TGA balance going down, which will inject liquidity back into the market.

On top of that, $150 billion in tax refunds will hit the market by March, which will bring more dry powder and could bring a relief rally.

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