Bitcoin may be a more effective savings vehicle than gold, according to Fundstrat Chief Investment Officer Tom Lee. At the Consensus Hong Kong conference, he <a href="https://x.com/coinbureau/status/2021898325218181394">said</a> that the ineffectiveness of gold as a defense against inflation is confirmed by the statistics of returns over the past 50 years.

'No need to lose faith': why Fundstrat's Tom Lee is betting on bitcoin vs. gold

Coinbase Global, Inc.

Strategy Inc

Bitcoin <a href="https://finance.yahoo.com/quote/BTC-USD/">fell </a>sharply in price on February 11: the leading cryptocurrency lost almost $2500 of value. The price fell by 3.5%, Yahoo Finance shows. The second most capitalized cryptocurrency, Ethereum, <a href="https://www.marketwatch.com/investing/cryptocurrency/ethusd?mod=article_chiclet">collapsed </a>by about the same amount.

Bitcoin has lost more than $2000. Saxo analysts do not consider it a "massive capitulation"

Robinhood Markets, Inc.

The collapse of cryptocurrencies may also affect crypto exchange Coinbase, which will present its quarterly report on February 12

Robinhood's "cryptozyme" profits collapsed by a third. How did the stock react? 

Instead of 620,000 won, the company paid out the same amount of bitcoins

The Bithumb exchange mistakenly gave away $40 billion worth of bitcoins. It crashed the price for a while

Bernstein analysts reiterated their forecast for the price of the largest cryptocurrency to rise to $150,000 in 2026

Bitcoin continued its decline. Why Bernstein considers it "the weakest bear case"

Oninvest correspondent interviewed the digital twin of the legendary investor about the recent gold collapse, the AI hype and portfolios for different occasions 

Oninvest has been testing Ray Dalio's AI-clone for two weeks. Here's what came out of it 

NVIDIA Corporation

Hims & Hers Health, Inc.

Nexstar Media Group, Inc.

TEGNA Inc.

The Kroger Co.

BILL Holdings, Inc.

Roivant Sciences Ltd.

Under Armour, Inc.

Microchip Technology Incorporated

IREN Limited

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.<br>

Morning in New York: positive momentum looking for a foothold

Strategy, the largest corporate holder of bitcoin in the world, <a href="https://oninvest.com/article/strategy-zaavila-o-bumaznom-ubytke-v-12-mlrd-iz-za-bitkoina-pocemu-akcii-rastut">reported</a> a quarterly loss of more than $12 billion on February 5. The publication of the results <a href="https://oninvest.com/article/kriptorynok-v-faze-otcaania-pocemu-odin-strateg-verit-cto-bitkoin-upadet-do-nula">coincided</a> with the worst day for bitcoin in several years - it collapsed to almost $60,000. The same evening, Strategy held a conference call with crypto analysts and stock market experts. Oninvest selected questions about bitcoin and the crypto market, which were asked by analysts, and Strategy founder Michael Saylor's answers. The questions and answers are given in abbreviated form.

How Strategy is like Apple and how to pray to the crypto gods: 4 questions for Michael Saylor

On the night of February 6, bitcoin collapsed to the level of $60 thousand, falling to the level of September 2024. Rustam Botashev, Partner and Investment Director of Blockreign Fund, believes that the world's main cryptocurrency may have found a practical use - it may become a leading indicator that can be used to predict the movement of the stock market.

Bitcoin has collapsed. This could be a harbinger of a stock market crash

BTC Digital Ltd.

Immediately after the report quotations were falling by 5%, but then sharply changed direction

Strategy reported a $12 billion paper loss due to bitcoin. Why is the stock rising?

On the night of Feb. 6, the value of bitcoin briefly approached $60,000 for the first time since October 2024

The crypto market is in a "phase of despair". Why does one strategist believe bitcoin will fall to zero?

Amazon.com, Inc.

Roblox Corporation

The Boeing Company

Oil stabilized amid expectations of US-Iran talks, which reduced geopolitical risks and weakened the price premium. Bitcoin hit a 16-month low amid a sell-off in technology stocks and investors' risk aversion. These and other topics - in our review of key events for the morning of February 6.

Crypto