February 6, 2026 • Addison Wiggin
The most important moment in finance this week didn’t happen in a committee room or on cable television. It took place over coffee last week in Davos.
Brian Armstrong, the founder and CEO of Coinbase, was mid-conversation with former U.K. Prime Minister Tony Blair when Jamie Dimon stepped in, pointed a finger, and said, “You are full of s—.”
Dimon wasn’t debating crypto theory. He was defending deposits.
Armstrong had spent the week accusing large banks of leaning on lawmakers to kneecap digital-asset legislation that threatens their core franchise. Dimon, whose firm sits atop the U.S. deposit pile, heard enough. According to people familiar with the exchange, he told Armstrong to stop lying on television.
February 6, 2026 • Addison Wiggin
Bitcoin is now selling off at a pace last seen at bear-market bottoms in 2018 and 2022.
Our trading channel was buzzing yesterday. Traders are actively seeking the bottom and trying to plot a way back in!
Indeed, bitcoin is rebounding and back up to $68,000 in today’s trading. Nail-biting stuff.
February 5, 2026 • Addison Wiggin
As we’ve tracked since April 2, 2025, the early phase of the reset burned hot. Institutions weakened. Assumptions cracked.
This week supplied fresh evidence. Software buckled under pressure from artificial intelligence. Metals convulsed under leverage.
What follows looks colder and more deliberate. The metaphor shifts from bonfire to board game. The game isn’t chess. It’s Risk. Territory matters. Chokepoints matter. Supply lines matter.
Winning depends less on elegance and more on control.
February 5, 2026 • Addison Wiggin
Since peaking in early October, the market cap of all cryptocurrencies has slid from a $4.3 trillion peak to about $2.3 trillion today.
