Crypto Market News Today: Galaxy Digital Authorizes $200M Buyback While Bitcoin and Ethereum Falter, but DeepSnitch AI Is Likely the Best Crypto to Buy Now

Crypto market news today is highlighted by Galaxy Digital Inc., which has authorized a massive share repurchase program of up to $200 million. This move suggests that institutional investors see deep value in their own equity, even as the crypto market bleeds. 

While Galaxy plays the long game, the immediate reality for Bitcoin and Ethereum holders is grim. So, retail investors are seeking aggressive growth to offset portfolio losses. DeepSnitch AI is the top choice, raising over $1,500,000. It is likely the best crypto to buy now for those seeking to maximize returns in 2026.

Galaxy Digital’s $200M confidence vote

Galaxy Digital is doubling down on itself. According to a company announcement, the firm has authorized a program to repurchase up to $200 million of its Class A common stock over the next 12 months. These repurchases may be conducted on the open market or through privately negotiated transactions, subject to securities laws.

This buyback program, which can be suspended at any time, serves as a powerful signal of corporate confidence. When a company buys its own stock, it often indicates that management believes the shares are undervalued. However, for the average crypto trader, a stock buyback offers little immediate relief from the crashing token prices in their wallets. 

Crypto market news today: Which top crypto to buy now?

DeepSnitch AI ($DSNT): Likely the best crypto to buy now

DeepSnitch AI is on the offensive in the crypto market news today. The project is smashing through its milestones, having successfully raised more than $1,500,000 in Stage 5 of its presale. With the price at $0.03830, early backers are already up by over 153%.

The project’s momentum is further increased by the strategic decision to implement a postponed launch. This delay creates a unique environment of positive asymmetry for holders. Those who are buying now get to have live access to the platform’s tools, while the rest of the market has none.

Moreover, the launch delay creates more internal feedback loops, ensuring better quality and higher demand when the token hits the market. And with rumors of launching on top crypto exchanges, the potential is massive. That’s why in the crypto market news today, investors are trying to accumulate DeepSnitch AI as much as they can, even in the market downturn.

Bitcoin crypto market news today

Crypto market updates today for Bitcoin show an outlook of extreme volatility. The Fear & Greed Index is in extreme fear, and the price is significantly below its moving averages. However, there is a glimmer of hope: Binance has stepped in to purchase approximately $235 million in BTC during the recent sell-off, converting part of its SAFU reserves into the asset.

Despite this massive buy, Bitcoin’s price remains suppressed, trading with high volatility and an oversold RSI of 16.52. Trading volume has spiked by 31% as of February 6th, indicating a fierce battle between bulls and bears. While Binance’s support is a good development, it has not been enough to trigger a reversal.

Ethereum price performance

Ethereum is facing negative global crypto headlines. The asset has declined 25% over the past seven days, within the same period as Bitcoin, underperforming the market. Two major events are driving this weakness: BlackRock transferring over 5,700 ETH ( about $11M) to Coinbase, potentially to sell, and Vitalik Buterin withdrawing over 16,000 ETH to fund open-source development.

These moves signal that both institutions and founders are liquidating positions, increasing short-term sell pressure. With 32% trading volume, the selling is intense. In this context, DeepSnitch AI stands out as the superior alternative.

Final thoughts

Galaxy is buying stocks, Binance is buying Bitcoin, but smart investors are buying intelligence. DeepSnitch AI is the likely best crypto to buy now because it solves the problems of a crashing market. Do not watch your portfolio bleed with legacy coins and secure your position in DeepSnitch AI today. You can use the promo code DSNTVIP300 for a 300% bonus.

Visit the official DeepSnitch AI website, join Telegram, and follow on X for more updates.

FAQs

What is the most important crypto market news today?

The top crypto market news today is Galaxy Digital authorizing a $200 million share repurchase program.

Why is Ethereum declining?

Ethereum is declining due to a sell pressure from institutional transfers (BlackRock) and development fund withdrawals (Vitalik Buterin), leading to negative digital asset news sentiment.

How does the Galaxy buyback affect global crypto headlines?

The Galaxy buyback is a positive headline in global crypto headlines, showing that infrastructure companies are financially healthy.

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