Transaction Provides 100% Ownership of a Profitable Federal Reserve Member Bank and Simplifies Legacy Pre-DeSPAC Structure
TAMPA, Fla., February 10, 2026 – PRISM MediaWire (Press Release Service – Press Release Distribution) – AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear” or the “Company”), a financial technology holding company focused on building a modern, regulated financial services platform, today announced that it has entered into a definitive Share Purchase Agreement (“SPA”), replacing the previous merger agreement, to acquire all of the outstanding shares of Commercial Bancorp, a Wyoming corporation and the parent company of Farmers State Bank, a profitable, well-capitalized Federal Reserve member bank.
Under the terms of the SPA, AtlasClear will acquire 100% of the outstanding shares of Commercial Bancorp for consideration structured to be predominantly equity-based. The sellers have agreed to accept approximately 73% of the total sale consideration in shares of AtlasClear common stock, underscoring strong alignment with the Company’s long-term growth strategy, with the remainder payable in cash, subject to customary adjustments. Upon closing, Farmers State Bank will be fully consolidated and wholly owned by AtlasClear.
“This updated structure reflects where AtlasClear is today as a public company. The share purchase agreement streamlines the transaction for regulators, preserves cash, aligns incentives through equity ownership, and delivers full ownership of a profitable Federal Reserve member bank that we expect to be accretive and strategically transformative for AtlasClear.”
John Schaible, Executive Chairman of AtlasClear. “As we move forward with our regulatory filings, we believed it was important to modernize the transaction structure. The direct SPA cleans up the original pre-de-SPAC agreement, aligns all interests, and provides a clear path to 100% ownership. We believe this approach best positions the bank for long-term stability while maintaining the culture, discipline, and regulatory standards that have defined its success.”
Craig Ridenhour, President of AtlasClear The acquisition is expected to provide AtlasClear with access to a regulated banking infrastructure, including deposit capabilities, payment rails, and lending functionality, supporting the Company’s long-term strategy to build an integrated clearing, banking, and financial infrastructure platform.
Completion of the acquisition remains subject to customary closing conditions, including receipt of required regulatory approvals from the Federal Reserve Board and the Wyoming Division of Banking, as well as the effectiveness of a resale registration statement covering the shares to be issued in the transaction.
Additional details regarding the transaction will be included in the Company’s Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission.
About AtlasClear Holdings, Inc.
AtlasClear Holdings, Inc. (NYSE American: ATCH) is building a cutting-edge, technology-enabled financial services platform designed to modernize trading, clearing, settlement, and banking for emerging financial institutions and fintechs. Through its subsidiary Wilson-Davis & Co., Inc., a full-service correspondent broker-dealer registered with the SEC and FINRA, and its pending acquisition of Commercial Bancorp of Wyoming, AtlasClear seeks to deliver a vertically integrated suite of brokerage, clearing, risk management, regulatory, and commercial banking solutions. For more information, follow us on LinkedIn or X and visit www.atlasclear.com.
To stay up to date on AtlasClear’s platform strategy and market perspective, subscribe to the Company’s YouTube channel and watch the Clearing the View by AtlasClear video series.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings’ current views with respect to, among other things, its future operations and financial performance. Forward-looking statements in this communication may be identified by the use of words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “foreseeable,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “proposed,” “predict,” “project,” “seek,” “should,” “target,” “trends,” “will,” “would” and similar terms and phrases. Forward-looking statements contained in this communication include, but are not limited to, statements as to (i) the closing of the Company’s planned acquisition of Commercial Bancorp, including the ability to obtain required regulatory approvals, (ii) the Company’s expectations regarding planned future growth and financial results, (iii) AtlasClear Holdings’ expectations regarding future financings, (iv) AtlasClear Holdings’ expectations as to future operational results, (v) AtlasClear Holdings’ anticipated growth strategy, including its planned acquisition of Commercial Bancorp of Wyoming, and (vi) the financial technology of AtlasClear Holdings. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company’s control. Actual results may differ materially from those anticipated. For additional details regarding risks and uncertainties, please refer to AtlasClear Holdings’ filings with the SEC, including its Form 10-Q for the quarter ended September 30, 2025, and its Annual Report on Form 10-K filed September 29, 2025. AtlasClear Holdings undertakes no obligation to update or revise forward-looking statements, except as required by law.
Thunder Bay, Ontario--(Newsfile Corp. - February 10, 2026) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that further to its agreement with Lomiko Metals Inc. ("Lomiko") (see news release dated 22 January 2025) in regards to the Yellow Fox Property, the Company will be receiving the first anniversary payment of $23,125 and 889,423 shares of Lomiko Metals Inc. at a deemed price of $0.13 per share subject exchange approval. Lomiko has also paid the first-anniversary payment to the finder of $1,875 and 72,115 shares at a deemed price of $0.13 per share, subject to exchange approval.
In addition, the Company announces that it has signed two amendments with regards to extra claims being staked and added to the original property size.
The first amendment dated 30th April, 2025, increased the land package to include 30 additional units in Block 039252M for a total of 58 claims spanning 1,446 hectares; and
The second amendment dated 29th January, 2026, further increased the land package to include 51 additional units in the Block 040194M (43 units) and Block 040195M (8 units) for a total of 109 units spanning 2,725 hectares
The Yellow Fox Property is now comprised of 109 claim units in 5 licenses spanning 2,725 hectares. (see figure 1 below)
The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood Newfoundland, and south of the Trans-Canada Highway. The Property occurs within NTS map sheets 02D/14 and 15 with excellent access along several logging and skidder roads originating from Glenwood. The main Yellow Fox showing is located in the central part of License 027536M, 5km from the western end of Gander Lake. The property is centered at approximately UTM (NAD 27) grid coordinates are 5,419,400m North and 645,300m East.
Figure 1: Yellow Fox Property
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/283312_cfb70e0484e258e1_002full.jpg
Figure 2: Yellow Fox and Adjacent Properties
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/283312_cfb70e0484e258e1_003full.jpg
Definitive Agreement terms
Lomiko can acquire 100% of Metals Creeks's interest in all mineral rights forming part of the Property in consideration of:
Terms of Option
(a) The Optionee shall have the right to acquire 100% of the right, title and interest in and to the Option Interests with Metals Creek retaining a 2% NSR by making the following payments:
(b) (i) in cash totaling $64,750, according to the following schedule:
on the Closing Date, $18,500; (Paid)
on or before first anniversary of this Agreement, $23,125; (Paid)
on or before second anniversary of this Agreement, $23,125; and
(c) (ii) in common shares of the Optionee (the "LMR Shares") totaling $328,375, at a price per LMR Share equal to the Market Price (as such term is defined in the TSX Venture Exchange Corporate Finance Manual) on the date of the signature of this Agreement according to the following schedule:
on the Closing Date, $50,875 payable in LMR Shares; (Paid)
on or before first anniversary of this Agreement, $115,625 payable in LMR Shares; (Paid) and
on or before second anniversary of this Agreement, $161,875 payable in LMR Shares.
Yellow Fox is an early-stage exploration property prospective in antimony, Zinc, Lead, gold, silver and more recently REE's. Historic work has returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), gold (Au), and silver (Ag) which included trenching which exposed bedrock. Results included grab samples up to 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag, and 5.50% Pb in arsenopyrite-stibnite veins within altered monzogranite. (See Metals Creek assessment report https://gis.geosurv.gov.nl.ca/geofilePDFS/Batch2016/002D_0779.pdf
In a news release dated 14 January 2026, Lomiko announced assay results (See Table 1) regarding additional REE analysis from the recently completed Phase II soil sampling and prospecting program (See News Release September 23, 2025) on the Yellow Fox Antimony property.
Highlights:
7 soil samples were re-run for the Rare Earth Elements ("REE") specific test package for assays outlining the cerium anomaly and to check for other REE elements, including neodymium, praseodymium, gallium etc.Soil samples assaying from 1697ppm to 5176 ppm or (0.52%) REEs.NEW potential rare earth discovery.Highly anomalous LREEs Neodymium (Nd) from 186 to 890ppm and Praseodymium (Pr) at 46-192ppm, which are instrumental in the manufacturing of magnets. Elevated dysprosium (Dy) at 36 - 191ppm is also present.Identification of multiple highly anomalous REE soil anomalies (See Figure 3).REEs hosted within Mount Peyton monzogranite.REE anomalies roughly parallel to previously outlined Sb-Zn-Pb-Ag critical metal anomalies.Assay results for these seven soil samples indicated highly anomalous assays for both light rare earth elements (LREE) and heavy rare earth elements (HREE) (See Table 1). These new soil results indicate a strong potentially geologically significant REE soil anomaly, highlighting a fertile monzogranite. This anomaly exhibits strong LREE enrichment (La-Ce-Pr-Nd-Eu) accompanied by highly elevated HREE (Dy-Tb-Y), potentially indicating a mixed LREE and HREE mineralized system. TREE (Total Rare Earth Element) values range from 1,683 ppm to 5,176 ppm. Initial soil samples in this range for TREE are highly promising and warrant follow-up exploration work. Of particular interest in these results is the highly anomalous LREEs Neodymium (Nd) and Praseodymium (Pr), which are instrumental in the manufacturing of magnets. Elevated dysprosium (Dy) is also present, which is a HREE and enables magnets to perform at high temperatures. Thorium, which is often seen as a pathfinder for REE, is also present in elevated numbers.
Table 1 -Re-Run Soil Samples with Rare Earth Assay Package
Figure 3 - Yellow Fox REE Anomalies
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/283312_cfb70e0484e258e1_005full.jpg
Please note that the results on an adjacent or nearby property (Beaver Brook) are not necessarily what can be expected on the Yellow Fox project and that the results of surface or grab samples, by their nature, this type of sample is selective and that the assay results may not be indicative of underlying mineralization.
Qualified Person for technical content at Yellow Fox
The technical information in this press release has been prepared and approved by Gordana Slepcev, P.Eng, who is registered in Ontario as a qualified person as defined by NI 43-101 guidelines. QP relied on the information provided by Metals Creek. Metals Creek QP is Wayne Reid, P.Geo. is registered in Newfoundland.
All 851 initial soil samples from this past summer's programs were dried and then sent to Eastern Analytical Ltd., located in Springdale, Newfoundland, Canada. Samples are analyzed by the ICP34 method that delivers a 34-element package and analyzed by the ICP-OES analytical technique with blanks and standards inserted every 20-25 samples. The 7 samples in this press release were sent to Bureau Veritas, located in Vancouver, British Columbia, Canada. Samples are analyzed by ICP-OES utilizing a multi-acid digestion analytical technique. No standards or blanks were added to this batch of 7 samples.
About Metals Creek Resources Corp.
Metals Creek Resources Corp. is a junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol "MEK". Metals Creek has earned a 50% interest in the Ogden Gold Property, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor Fault (P-DF).
Metals Creek also has multiple quality projects available for option which can be viewed on the Company's website. Parties interested in seeking more information about properties available for option can contact the Company at the number below.
Additional information concerning the Company is contained in documents filed by the Company with securities regulators, available under its profile at www.sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283312
Source: Metals Creek Resources Corp.
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Contact Us
2026-02-10 13:091mo ago
2026-02-10 08:011mo ago
Kroger names former Walmart executive Greg Foran as its new CEO
Kroger named former Walmart executive Greg Foran as its chief executive officer on Monday, 11 months after the abrupt resignation of its previous CEO.
Foran has a reputation as a tech-savvy and detail-oriented leader. He led Walmart’s U.S. division from 2014 to 2019, where he focused on cleaning up stores, ensuring items were in stock, and improving the fresh produce selection. He also introduced online ordering and pickup, and accelerated Walmart’s digital capabilities.
Walmart has reshaped itself into a tech-powered retail giant that has leaned heavily into automation and artificial intelligence, and it’s one of the biggest competitive threats to Kroger, the largest stand-alone U.S. supermarket chain.
Shares of The Kroger Co. rose nearly 7% in early trading Monday after Kroger said Foran would lead the company.
Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day
Walmart has become a larger challenge to Kroger and other traditional grocers as Americans increasingly pick up their groceries along with other general goods that Walmart sells. Walmart currently controls around 21% of the U.S. grocery market, compared to 8.5% for Kroger, according to the market research company Numerator.
Kroger has also felt pressure from fast-growing discount chains like Aldi and Lidl and online behemoths like Amazon.
Kroger proposed a merger with Albertsons in 2022 as a way to better compete with its rivals. But the Federal Trade Commission and two states — Washington and Colorado — sued to block the merger in 2024, saying it would raise prices and lower workers’ wages by eliminating competition. Judges ultimately ruled that the merger should not proceed.
Explore TopicskrogerWalmart
2026-02-10 13:091mo ago
2026-02-10 08:021mo ago
InvestiFi Strengthens Multi-Custodian Strategy Through New Relationship with BitGo
Dover, DE, Feb. 10, 2026 (GLOBE NEWSWIRE) -- InvestiFi, the leading digital asset investing platform, purpose-built for credit unions and community financial institutions, announced the expansion of its custodial network and expansion of digital asset capabilities through a strategic relationship with BitGo Bank & Trust, National Association and its affiliates (“BitGo”), the digital asset infrastructure company, and wholly-owned subsidiaries of BitGo Holdings, Inc.
Utilizing BitGo’s Crypto-as-a-Service (CaaS) solution, InvestiFi’s addition of BitGo strengthens its multi-custodian model and enables full digital asset coverage in all 50 states, including previously restricted markets such as New York, Texas, and Idaho. This addresses a servicing gap for financial institutions seeking compliant ways to offer their account holders access to digital assets. This expanded custodial coverage directly addresses a challenge faced by financial institutions exploring digital assets, especially those located in heavily regulated states that have historically been difficult to serve, creating inconsistent state-level availability. By enabling access in high-demand states such as New York, InvestiFi removes a barrier for institutions with national or multi-state member bases.
This expansion reflects InvestiFi’s continued focus on flexibility, stability, and regulatory alignment, enabling partners to scale digital asset offerings while maintaining choice and resilience across custodial providers.
“We’re excited to work with BitGo as we expand our digital asset strategy to close critical coverage gaps and further support a multi-custodian approach designed to enable long-term growth, stability, and confidence for our partners,” said Kian Sarresheteh, CEO of InvestiFi. “From day one, our strategy has been to build a platform that adapts to the realities of regulation and geography, not one that forces institutions into a single path.”
“As banks and credit unions evaluate digital assets, they need a solution that scales across states without creating operational complexity for their teams or friction for their account holders,” said Sean Ristau, VP of Digital Assets at InvestiFi. “BitGo strengthens our ability to serve institutions with national footprints while maintaining the compliance and custody standards they expect.”
BitGo Trust Company, Inc. recently secured approval to convert to a federally chartered national bank from the Office of the Comptroller of the Currency (“OCC”), which now operates as BitGo Bank & Trust, National Association, and is one of the first few digital asset companies in U.S. history to secure this level of federal oversight. BitGo’s infrastructure supports a broad range of digital assets and operates across multiple global jurisdictions. Through this relationship, InvestiFi-partnered financial institutions can gain expanded access to BitGo’s capabilities without disrupting existing custody arrangements.
“This relationship reflects a shared commitment to security, compliance, and operational rigor, supporting financial institutions as they implement digital asset capabilities,” said Mike Belshe, CEO & Co-Founder at BitGo. “InvestiFi’s established network of U.S. financial institutions, along with its integrations into digital banking and core systems, made it a strong fit for BitGo’s Crypto-as-a-Service platform."
Importantly, the addition of BitGo complements InvestiFi’s existing custodial relationships and reflects a broader commitment to a diversified, multi-custodian framework. This approach enhances platform resilience while giving institutions greater optionality as the digital asset landscape continues to evolve.
About InvestiFi
InvestiFi, Inc. is the only InvestTech Platform designed to allow for trading to and from deposit accounts, enabling credit unions and community banks to retain more assets and attract new account holders. Through its exclusive funds flow and user-friendly interface, InvestiFi empowers every credit union and community bank to provide their account holders with the ability to navigate the complexities of financial markets with ease from within their current online banking experience. At the heart of InvestiFi's mission is the goal of democratizing investing and supporting community financial institutions, ensuring that wealth-building opportunities are accessible to everyone.
For more information about InvestiFi, visit www.investifi.coAbout BitGo
BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, a federally chartered digital asset bank. Today, BitGo serves thousands of institutions, including many of the industry's top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide.
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements include all statements that are not historical facts. These statements may include words such as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “foreseeable,” “guidance,” “intend,” “likely,” “may,” “objectives,” “outlook,” “plan,” “potentially,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” or variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under “Risk Factors” in BitGo Holdings, Inc.’’s registration statement on Form S-1, as amended, relating to the initial public offering. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the registration statement. Although BitGo believes that the expectations reflected in its forward-looking statements are reasonable, it cannot guarantee future results. BitGo undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
SummaryUber Technologies delivered strong gross bookings growth of 22% and 35% Adj. EBITDA growth, despite EPS missing expectations.I remain bullish as Uber's hybrid AV strategy drives 30% higher AV utilization versus standalone AV deployments, supporting superior economics.Uber's platform efficiently manages variable demand, leveraging both AVs and human drivers to minimize wait times and maximize trip completion.Uber's scale, customer data, and platform integration create a durable competitive advantage as AV adoption accelerates. Solomon C Thompson III/iStock Editorial via Getty Images
Uber Technologies, Inc. (UBER) released earnings last week, and while the bottom line results and guidance disappointed the market, management outlined a compelling AV strategy and story, leaving me even more bullish. Despite EPS
Analyst’s Disclosure: I/we have a beneficial long position in the shares of UBER either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-10 13:091mo ago
2026-02-10 08:051mo ago
OraSure to Launch OraQuick™ HIV Self-Test in Canada
February 10, 2026 08:05 ET | Source: OraSure Technologies, Inc.
BETHLEHEM, Pa., Feb. 10, 2026 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (“OraSure”) (NASDAQ: OSUR), a leader in point-of-need and home diagnostic tests and sample management solutions, today announced its OraQuick™ HIV Self-Test has received a license from Health Canada for use in Canada.
The OraQuick™ HIV Self-Test is a point-of-care rapid antibody test. It is Canada’s first oral HIV self-test and detects antibodies for both HIV-1 and HIV-2, enabling individuals to find out their HIV status with a simple oral swab in as little as 20 minutes. The simplicity of the product makes it ideal for testing in a range of locations, including in the privacy of one’s home, at the pharmacy, or at community-based testing events.
Data from the Public Health Agency of Canada show there were 1,826 new HIV diagnoses in 2024 (not including Québec), for a national rate of 5.7 per 100,000 people. Some provinces continue to experience far higher rates. Manitoba and Saskatchewan reported rates three to four times the national average. In 2024, Manitoba recorded the highest HIV rate in Canada at 19.5 per 100,000 people, followed closely by Saskatchewan at 18.6 per 100,000.
“Expanding access to HIV testing options is a critical component in the global effort to end the HIV epidemic,” said Carrie Eglinton Manner, President and CEO of OraSure. “Early diagnosis and linkage to care remain essential for improving health outcomes. We are pleased that Health Canada has issued a license for the OraQuick HIV Self-Test, enabling individuals across Canada to know their HIV status at home in a private, convenient way using a simple oral fluid test. This milestone allows us to continue our commitment to advancing public health, reducing stigma, and ensuring that more people have access to the tools they need.”
The OraQuick HIV Self-Test has been available for direct-to-consumer purchase in the United States since 2012 and is now available in more than 60 countries worldwide. OraSure is committed to providing consumers with access to critical health information and connection to care. The packaging contains robust educational material and linkage to care information that individuals can use to make informed decisions, regardless of the test result.
“This oral fluids test presents the next major step forward in helping to democratize HIV self-testing and reach the more than 7,000+ people who are still undiagnosed in Canada - people who are living with HIV but don’t know their status, and are not benefitting from life-saving treatments,” said Dr. Sean B. Rourke, director of REACH Nexus housed at MAP Centre for Urban Health Solutions at St. Michael’s Hospital (Unity Health Toronto). “This gives people the freedom to test when and where it works best for them, right in their own community.”
St. Michael’s Hospital (Unity Health Toronto) is the exclusive distributor of the OraQuick HIV Self-Test in Canada. Through this role, St. Michael’s will ensure national access to the test, supporting timely, reliable, and equitable access to testing across healthcare and community settings nationwide. To order OraQuick tests or learn more contact [email protected].
About OraSure Technologies
OraSure Technologies, Inc. (“OraSure” and “OTI”) transforms health through actionable insight and decentralizes diagnostics to connect people to healthcare wherever they are. OTI improves access, quality, and value of healthcare with innovation in effortless tests and sample management solutions. Together with its wholly-owned subsidiaries, DNA Genotek Inc., Sherlock Biosciences, Inc., and BioMedomics, Inc., OTI is a leader in the development, manufacture, and distribution of rapid diagnostic tests and sample collection and stabilization devices designed to discover and detect critical medical conditions. OTI’s portfolio of products is sold globally to clinical laboratories, hospitals, physicians’ offices, clinics, public health and community-based organizations, research institutions, government agencies, pharmaceutical companies, and direct to consumers. For more information, please visit www.orasure.com.
Investor Contact:Media Contact: Jason PlagmanAmy KochVice President, Investor RelationsDirector, Corporate [email protected]@orasure.com REACH Nexus Media Contact:
Andrew Russell
Senior Communications Specialist, REACH Nexus [email protected]
Phone: 416-268-7642
OraQuick HIV Self-Test Canada Distribution Contact:
Sean B. Rourke, PhD; Scientist, MAP Centre for Urban Solutions
St Michael’s Hospital (Unity Health Toronto)
30 Bond Street, Toronto, ON M5B 1W8 [email protected]
Forward Looking Statements
This press release contains certain “forward-looking statements.” Forward-looking statements are based on current expectations of future events and are not guarantees of future performance or results. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from expectations and projections. Known and unknown factors that could cause actual performance or results to be materially different from those expressed or implied in these statements include, but are not limited to: uncertainty of commercial success; ability to manufacture or have manufactured products in accordance with applicable specifications, performance standards and quality requirements; unexpected safety, quality or manufacturing issues; government regulation and unexpected regulatory actions or delays; ability to comply with applicable regulatory requirements; uncertainty relating to patent protection and potential patent infringement claims; impact of competitors, competing products and technology changes and patents obtained by competitors; reduction or deferral of public funding available to customers; competition from new or better technology or lower cost products; impact of negative economic conditions; changes in behavior and spending patterns of purchasers; product efficacy or safety concerns resulting in product recalls or regulatory action; and changes to applicable laws and regulations. These and other factors that could affect our results are discussed more fully in our SEC filings, including our registration statements, Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q, and other filings with the SEC. Although forward-looking statements help to provide information about future prospects, readers should keep in mind that forward-looking statements may not be reliable. Readers are cautioned not to place undue reliance on the forward-looking statements. The forward-looking statements are made as of the date of this press release and OraSure undertakes no duty to update these statements.
2026-02-10 13:091mo ago
2026-02-10 08:051mo ago
Go Metals Provides Update on KM98, Announces Option Agreement on Monster Project and Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2026) - Go Metals Corp. (CSE: GOCO) ("Go Metals" or the "Company") is pleased to report results from Phase 1 metallurgical testing at its KM98 Project in Quebec and to announce that it has entered into an option agreement dated February 9, 2026 (the "Option Agreement") with Flow Metals Corp. ("Flow Metals"), pursuant to which Flow Metals has been granted the option to acquire a 100% interest in the Monster Yukon IOCG project (the "Monster Project"). KM98 Metallurgical Testing - Phase 1 preliminary results Go Metals is pleased to provide an update on Phase 1 metallurgical testing at KM98.
2026-02-10 13:091mo ago
2026-02-10 08:071mo ago
Volition Announces the Appointment of New Distributor for Nu.Q® Discover
, /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition"), a multi-national epigenetics company, announces the appointment of Medical & Biological Laboratories Co. Ltd (MBL) as a non-exclusive distributor of its Nu.Q® Discover assays in Japan.
Dr Jasmine Kway, Chief Executive Officer, Singapore Volition commented:
"We are delighted to be working with MBL, a leading provider of clinical research tools in Japan, with a particular focus and track record in autoimmune diseases.
"Through our Nu.Q® Discover pillar, we are now serving close to 100 clients worldwide, including many top pharma and diagnostic companies, accelerating disease research and drug development across multiple therapeutic areas. Some of these pharmaceutical companies have progressed to late stage clinical trials using our assays as pharmacodynamic biomarkers.
"We estimate the Total Accessible Market for relevant companion diagnostics to be a little under $1 billion1. In 2025 we delivered substantial revenue growth for Nu.Q® Discover and anticipate a similar trajectory in 2026.
"We are excited to continue to expand our collaborator network and extend the access to our nucleosome-based biomarkers to drug developers and researchers through this agreement with MBL.
"We believe that this collaboration will generate interest and data from using our Nu.Q® assays in research, which may lay the foundation for a possible future regulatory application for diagnostic status in Japan."
In 2025, Volition announced several "firsts" for its Nu.Q® Discover pillar:
The first commercial sale of Volition's High Throughput Synthetic Sepsis method that measures Neutrophil Extracellular Traps ("NETs") activation and inhibition in whole blood in real time, helping companies develop new therapeutics to combat sepsis and other NETs-related disease. The first agreement with a leading pharmaceutical company to utilize Volition's Nu.Q® Discover biomarkers in a longitudinal Phase 1/2b study, the first in-human clinical study. A co-marketing agreement with Hologic Diagenode, which has a large client base and international reach, providing tools to biotech and pharma companies and also to academic and government organizations. [1] Data on File: Volition TAM Model
About Nu.Q® Discover
Volition's Nu.Q® Discover program enables drug developers and scientists access to a range of state-of-the-art assays for rapid epigenetic profiling in disease model development, preclinical testing, and clinical studies from discovery to market ready.
Nu.Q® Discover is built on proprietary nucleosome quantification technology. It is a valuable research tool for R&D professionals working within the field of pharmaco-epigenetics, studying the epigenetic basis for variation in response to drugs.
About Medical & Biological Laboratories Co., Ltd
MBL was established in 1969 as the first antibody manufacturer in Japan, and researches, develops, manufactures, and sells reagents of in vitro diagnostics (IVD) and reagents for basic research. It has now expanded its business not only to the immunological field but also to the field of genetic diagnosis.
In the IVD business, they develop and sell IVD reagents for autoimmune diseases, cancer, infectious diseases etc. Particularly in the field of autoantibody diagnosis, they are expanding their product lineup as a leading manufacturer in Japan and contributing to medical care in this field where there are many intractable diseases. In the field of oncology, they are contributing to personalized medicine by developing companion diagnostics that predict the effect of drugs.
About Volition
Volition is a multi-national company focused on advancing the science of epigenetics. Volition is dedicated to saving lives and improving outcomes for people and animals with life-altering diseases through earlier detection, as well as disease and treatment monitoring.
Through its subsidiaries, Volition is developing and commercializing simple, easy to use, cost-effective blood tests to help detect and monitor a range of diseases, including some cancers and diseases associated with NETosis, such as sepsis. Early detection and monitoring have the potential not only to prolong the life of patients, but also to improve their quality of life.
Volition's research and development activities are centered in Belgium, with an innovation laboratory and office in the U.S. and an office in London.
The contents found at Volition's website address are not incorporated by reference into this document and should not be considered part of this document. Such website address is included in this document as an inactive textual reference only.
Media Enquiries: Louise Batchelor, Volition, [email protected] +44 (0)7557 774620
Safe Harbor Statement
Statements in this press release or associated video or link may be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that concern matters that involve risks and uncertainties that could cause actual results to differ materially from those anticipated or projected in the forward-looking statements. Words such as "expects," "anticipates," "intends," "plans," "aims," "targets," "believes," "seeks," "estimates," "optimizing," "potential," "goal," "suggests," "could," "would," "should," "may," "will" and similar expressions identify forward-looking statements. These forward-looking statements relate to, among other topics, Volition's expectations related to revenue opportunities and growth, the effectiveness and availability of Volition's blood-based diagnostic, prognostic and disease monitoring tests, Volition's ability to develop and successfully commercialize such test platforms for early detection of cancer and other diseases as well as serving as a diagnostic, prognostic or disease monitoring tools for such diseases, Volition's expectations regarding future publications, Volition's success in securing licensing and/or distribution agreements with third parties for its products, and Volition's expectations regarding the terms of such agreements. Volition's actual results may differ materially from those indicated in these forward-looking statements due to numerous risks and uncertainties, including, without limitation, results of studies testing the efficacy of its tests. For instance, if Volition fails to develop and commercialize diagnostic, prognostic or disease monitoring products, it may be unable to execute its plan of operations. Other risks and uncertainties include Volition's failure to obtain necessary regulatory clearances or approvals to distribute and market future products; a failure by the marketplace to accept the products in Volition's development pipeline or any other diagnostic, prognostic or disease monitoring products Volition might develop; Volition's failure to secure adequate intellectual property protection; Volition will face fierce competition and Volition's intended products may become obsolete due to the highly competitive nature of the diagnostics and disease monitoring market and its rapid technological change; downturns in domestic and foreign economies; and other risks, including those identified in Volition's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as other documents that Volition files with the Securities and Exchange Commission. These statements are based on current expectations, estimates and projections about Volition's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are made as of the date of this release, and, except as required by law, Volition does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
Nucleosomics™, Capture-PCR™, Capture-Seq™ and Nu.Q® and their respective logos are trademarks and/or service marks of VolitionRx Limited and its subsidiaries. All other trademarks, service marks and trade names referred to in this press release or associated video or link are the property of their respective owners. Additionally, unless otherwise specified, all references to "$" refer to the legal currency of the United States of America.
SOURCE VolitionRx Limited
2026-02-10 12:091mo ago
2026-02-10 06:331mo ago
Bitcoin Just Dropped 45%: Here's What I'd Do With $500 Right Now
A dollar-cost averaging (DCA) strategy makes sense for Bitcoin right now.
These are nervous times for Bitcoin (BTC +0.13%) investors. The world's most popular cryptocurrency is down a staggering 45% from its all-time high of $126,000 just a few months ago. It's now trading for just $70,000, and some think it might fall all the way to $50,000.
It's a stunning, epic collapse. But it's also nothing new for longtime Bitcoin investors. After every collapse, Bitcoin goes on to set a new all-time high. And that's what I think will happen this time as well. With that in mind, here are two ways to put $500 to work right now.
Image source: Getty Images.
Dollar-cost average into Bitcoin It's important to buy Bitcoin while it's trading at these deep discount prices. But I would be hesitant about putting all $500 to work at one time. Instead, I'd spread it out over a period of 10 months, investing $50 each month.
This is known as a dollar-cost averaging (DCA) strategy, and it can be an extremely effective way to benefit from falling asset prices. The lower that Bitcoin goes, the more that you can buy with your $50 each month. And conversely, the higher that Bitcoin goes, the less that you can buy with your $50 each month.
The strategy is effective because it takes all the emotion and drama out of investing in Bitcoin. You won't be watching the daily price chart for Bitcoin, and you won't get caught up in the wild volatility swings.
Invest $500 up front and hedge your position If you decide to invest all $500 up front, it's worth exploring how you can hedge your new Bitcoin position. That's because Bitcoin is simply too volatile right now to trust completely.
Today's Change
(
0.13
%) $
91.43
Current Price
$
68946.00
The good news is that you don't need to be a professional hedge fund manager to do this, and you don't need any advanced knowledge of financial derivatives. It's possible to do this by investing in prediction market event contracts.
For example, on the Robinhood Markets (HOOD +4.53%) trading platform, it's now possible to purchase Bitcoin event contracts based on the following question: "How low will Bitcoin get in 2026?" These event contracts are available at a number of price points, including $60,000, $50,000, and $40,000.
If Bitcoin falls from its current price of $70,000 to any of these price points in 2026, you make money. If Bitcoin falls only slightly or increases in value, the event contracts expire worthless. Obviously, you want Bitcoin to increase in value, but you won't be absolutely crushed if it does not.
Let's say Bitcoin falls from $70,000 to $50,000. You would lose 28.5% of your initial $500 investment, or $143. But if you own any event contracts based on Bitcoin hitting a price of $50,000, you would at least make back some of your loss. It's a very basic hedge, but it would at least give you some peace of mind.
What is the optimal strategy? With the price of Bitcoin so unpredictable right now, the safest strategy is to embrace a dollar-cost averaging strategy. If history is any guide, Bitcoin will soon rebound, and you'll be richly rewarded for your patience as a crypto investor.
US spot Bitcoin exchange-traded funds extended a tentative recovery last week and into early this week, as fresh inflows offered early signs that institutional demand may be stabilising after a prolonged period of heavy selling.
According to data from SoSoValue, spot Bitcoin ETFs attracted $371 million in net inflows last Friday.
The momentum continued on Monday, with a further $145 million added as Bitcoin traded near the $70,000 level.
Despite the improvement, the recent inflows have not yet reversed earlier losses.
Spot Bitcoin ETFs recorded $318 million in net outflows last week and around $1.9 billion in redemptions so far this year.
Bitcoin struggles to hold above $70,000 Copy link to section
Even as ETF flows improved, Bitcoin has struggled to maintain upward momentum.
The cryptocurrency traded below $70,000 during Asian hours on Tuesday, once again failing to hold recent gains after rebounding from lows near $60,000.
In recent sessions, prices have largely ranged between $68,000 and $72,000, following a volatile week in which Bitcoin briefly fell to levels last seen in October 2024 before staging a relief rally.
The earlier decline was driven in part by liquidation-led selling, as leveraged positions were unwound during sharp price drops.
Market participants said the consolidation reflects ongoing uncertainty, with buyers hesitant to commit aggressively ahead of major macroeconomic events.
Focus turns to US data and Fed outlook Copy link to section
Investors’ attention has shifted toward upcoming US economic releases that could shape expectations for monetary policy.
The monthly jobs report from the Bureau of Labor Statistics, delayed by a brief government shutdown, is scheduled for release on Wednesday.
Later in the week, the US Consumer Price Index is due on Friday, providing an updated view on inflation trends.
Both reports are expected to influence market expectations around interest rate cuts and broader liquidity conditions, which have become increasingly important drivers of crypto prices.
Markets are also monitoring changes at the Federal Reserve following President Donald Trump’s nomination of Kevin Warsh as the next Fed chair.
Traders are assessing how a potentially more hawkish leadership stance could affect liquidity and speculative assets such as Bitcoin.
Bernstein maintains bullish long-term view Copy link to section
Despite near-term volatility, analysts at Bernstein continue to hold a constructive long-term outlook.
The firm reiterated its forecast for Bitcoin to reach $150,000 by the end of 2026, describing the current downturn as the least threatening in the asset’s trading history.
Analysts led by Gautam Chhugani said in a note on Monday that recent weakness reflects shifts in sentiment rather than fundamental deterioration.
They highlighted the absence of major leverage collapses, exchange failures, or systemic breakdowns that have characterised previous severe sell-offs.
Bernstein said institutional participation remains intact through spot ETFs, corporate treasury strategies and involvement from major asset managers.
The firm also addressed concerns about Bitcoin’s recent underperformance relative to gold, arguing that the cryptocurrency functions primarily as a liquidity-sensitive asset rather than a traditional safe haven.
Tight financial conditions, it said, have favoured precious metals and AI-related stocks, but improved liquidity could eventually support Bitcoin through ETF inflows and corporate fundraising activity.
Item 1 of 2 Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration
[1/2]Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration Purchase Licensing Rights, opens new tab
Feb 10 - What matters in U.S. and global markets today
By Mike Dolan, opens new tab, Editor-At-Large, Finance and Markets
The Week in Breakingviews newsletter offers insights and ideas from Reuters' global financial commentary team. Sign up here.
The dollar is back on the slide this week, even as some confidence returns to the broader stocks universe, with tech shares rallying and MSCI's all-country index jumping to new records.
I’ll get into that and more below.
But first, check out my latest column on the one key signal being clouded by 2026's chaotic news flow.
And listen to the latest episode of the Morning Bid daily podcast. Subscribe to hear Reuters journalists discuss the biggest news in markets and finance seven days a week.
YEN LIFT, DOLLAR DRIFTThree factors seem to be weighing on the greenback once again - a post-election surge in the yen, accelerating gains in China's yuan to near three-year highs, and some market trepidation about a weak U.S. employment report tomorrow.
The yen's bounceback appears to be a case of 'sell the rumor, buy the fact' surrounding Prime Ministers Sanae Takaichi's fiscal plans. The currency had been floundering for months, but now it seems more comfortable with the growth and interest rate implications of fresh stimulus alongside a more stable political horizon.
The yuan surge comes ahead of the Lunar New Year holidays next week, and is likely being supported by reports that Chinese regulators have warned local banks and investors about over-concentrated holdings of U.S. Treasury bonds and the dollar. The U.S. currency is at its lowest point since May 2023, having fallen almost 6% against the renminbi over the past year.
The other big focus yesterday was the bounceback in U.S. mega-cap tech stocks after last week’s wobble over news of capex plans totalling more than $650 billion for 2026.
Some of that will, of course, be debt-financed. Alphabet announced on Monday that it would raise another $15 billion in high-grade bonds. This follows Oracle’s announcement of a new debt sale last week. The five major AI hyperscalers issued $121 billion in U.S. bonds last year, compared with an average of $28 billion per year in the previous four years.
Meantime, President Trump's administration plans to spare tech giants such as Amazon, Google and Microsoft from upcoming tariffs on chips as the hyperscalers build out their AI data centers, according to the Financial Times, opens new tab.
Elsewhere, UK markets had a nervy day on Monday as drama intensified around Prime Minister Keir Starmer’s appointment of Epstein-linked Lord Peter Mandelson as U.S. ambassador in 2025. But the ruling Labour Party backed Starmer late on Monday, calming both sterling and gilts.
Back on Wall Street, Wednesday's January employment report is coming into view, with White House economic adviser Kevin Hassett saying on Monday that people "shouldn't panic" if they see weak numbers. Before that, though, the December retail sales report will take center stage today.
Chart of the day
China's yuan climbs to 3-year highChina's yuan surged to its strongest in nearly three years against the dollar, underpinned by heavy corporate demand for the local currency ahead of China's biggest festival. But the move was also spurred by reports on Monday that Chinese regulators have advised financial institutions to trim holdings of U.S. Treasuries because of concerns over concentration risk and market volatility.
Today's events to watch
* U.S. December retail sales, Q4 employment costs, December import costs
* U.S. 3-year note auction
* New York Fed releases Q4 2025 Household Debt and Credit Report
* Dallas Fed President Lorie Logan and Cleveland Fed President Beth Hammack both speak
Want to receive the Morning Bid in your inbox every weekday morning? Sign up for the newsletter here. You can find ROI on the Reuters website, opens new tab, and you can follow us on LinkedIn, opens new tab and X., opens new tab
Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, opens new tab, is committed to integrity, independence, and freedom from bias.
By Mike Dolan
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Mike Dolan is Reuters Editor-at-Large for Finance & Markets and a regular columnist. He has worked as a correspondent, editor and columnist at Reuters for the past 30 years - specializing in global economics and policy and financial markets across G7 and emerging economies. Mike is based in London but has also worked in Washington DC and in Sarajevo and has covered news events from dozens of cities across the world. A graduate in economics and politics from Trinity College Dublin, Mike previously worked with Bloomberg and Euromoney and received Reuters awards for his work during the financial crisis in 2007/2008 and on Frontier Markets in 2010.
2026-02-10 12:091mo ago
2026-02-10 06:341mo ago
XRP on Solana: The Multi-Chain Catalyst Investors Are Watching
XRP’s integration with Solana is set to expand its real-world utility, enabling faster, lower-cost transactions and broader use across multiple blockchain ecosystems.
Brian Njuguna2 min read
10 February 2026, 11:34 AM
Source: ShutterstockXRP Expands Beyond XRPL: How Solana Integration Could Boost Utility and Organic DemandIntegrating XRP with Solana could significantly expand its cross-chain utility, positioning XRP for greater real-world use and potentially boosting organic demand beyond speculation.
Hex Trust and LayerZero have strengthened XRP’s cross-chain utility by launching a wrapped XRP (wXRP) token on Solana. Each wXRP is fully backed 1:1 by native XRP held in regulated, institutional-grade custody and can be redeemed for XRP on the XRPL at any time.
Simply put, every wXRP on Solana is a verifiable, securely custodied XRP, enabling XRP holders to tap into Solana’s DeFi ecosystem without sacrificing asset backing or security.
Well, deploying XRP on Solana unlocks access to a fast-growing DeFi ecosystem built for high throughput and low fees.
This integration gives XRP holders exposure to lending, borrowing, liquidity pools, and yield opportunities that are limited or less mature on the XRPL alone. As a result, XRP evolves beyond a payments token into a more versatile asset with broader utility across decentralized finance.
XRP Expands Into Solana: Unlocking DeFi Potential and Boosting LiquiditywXRP’s expansion onto Solana has meaningful liquidity implications. By moving across chains, it can tap into new venues, traders, and DeFi protocols, broadening XRP’s on-chain footprint.
Deeper liquidity typically translates to tighter spreads, more efficient price discovery, and greater practical utility for both retail and institutional participants.
If adoption accelerates, the long-term impact could be substantial. Instead of depending on hype, XRP would see demand driven by real cross-chain utility.
While wXRP’s success hinges on adoption, security, and market conditions, its launch highlights a key shift that leading digital assets are expanding beyond their native networks. Greater interoperability positions XRP to capture new liquidity, use cases, and relevance in an increasingly multi-chain ecosystem.
ConclusionXRP’s launch on Solana as a fully backed, regulated wrapped token marks a leap in cross-chain utility. By merging institutional-grade custody with Solana’s DeFi ecosystem, XRP is poised to capture demand from real use cases, boosting liquidity, relevance, and long-term value in a multi-chain crypto world.
ENRICH your inbox with our best storiesDon’t miss out and join our newsletter to get the latest,
well-curated news from the crypto world!
Brian Njuguna is a seasoned crypto journalist at Coinpaper, specializing in blockchain innovation, market trends, and regulatory developments. With a background in economics and years of experience covering the digital asset space, Brian delivers sharp, data-driven insights that cut through the hype. His reporting bridges global crypto narratives with emerging market perspectives, making complex topics accessible to a wide audience.
Russian lawmaker Anatoly Aksakov says Bitcoin will eventually collapse as Russia advances new crypto rules for 2026.
Tatevik Avetisyan1 min read
10 February 2026, 11:35 AM
Anatoly Aksakov, a senior Russian lawmaker who helped shape the country’s cryptocurrency rules, said Bitcoin is “destined to collapse sooner or later,” arguing it is not backed by anything tangible.
Speaking to Russia’s Parliamentary Gazette, Aksakov described Bitcoin as “a type of hype” and framed its value as driven by speculation rather than economic fundamentals.
His comments circulated widely on Tuesday, as crypto markets remained volatile after a sharp early 2026 selloff.
Volatility and forecasts in the backgroundAksakov’s remarks came as other figures quoted in the same reporting discussed downside scenarios for Bitcoin, including a view that prices could fall to about $40,000 next year.
He used the debate to repeat his long-running skepticism about Bitcoin’s role as money, while Russia continues to limit crypto’s use in everyday payments.
Still, his warning focused on Bitcoin’s long-term staying power, not on whether Russians will keep trading or holding crypto assets.
Regulation keeps moving, despite the criticismWhile Aksakov dismissed Bitcoin’s fundamentals, Russia is pushing forward with a broader legal framework for crypto activity, with officials pointing to a regulatory milestone set for July 1, 2026.
That work reflects a policy line that allows crypto buying and selling under oversight, while maintaining a domestic payments ban and treating crypto as a foreign-exchange style asset.
The shift also shows up in finance: Russia’s largest lender, Sberbank, told Reuters it plans crypto-backed loans for corporate clients and said it is ready to coordinate with the central bank as rules take shape.
ENRICH your inbox with our best storiesDon’t miss out and join our newsletter to get the latest,
well-curated news from the crypto world!
Read more about
Bitcoin
2026-02-10 12:091mo ago
2026-02-10 06:361mo ago
Solana treasuries sitting on over $1.5B in paper SOL losses
Publicly listed companies that hold Solana as a treasury asset are sitting on more than $1.5 billion in unrealized losses, based on disclosed acquisition costs and current market prices tracked by CoinGecko.
The losses are concentrated among a small group of United States-listed companies that collectively control over 12 million Solana (SOL) tokens, about 2% of the total supply. While losses remain unrealized, equity markets have already repriced the firms, with most trading well below the market value of their tokens.
CoinGecko data shows that Forward Industries, Sharps Technology, DeFi Development Corp and Upexi account for over $1.4 billion in disclosed unrealized losses. The total is likely understated, as Solana Company has not fully disclosed its acquisition costs.
The figures highlight a growing gap between paper losses and liquidity pressure. While none of the companies have been forced to sell their SOL, compressed net asset value (mNAV) multiples and falling share prices have constrained their ability to raise fresh capital.
Top five Solana treasury companies by holdings. Source: CoinGeckoAccumulation stalls across Solana treasuriesTransaction data compiled by CoinGecko shows that the bulk of SOL accumulation occurred between July and October 2025, when several companies made large, concentrated purchases.
Since then, none of the top five Solana treasury companies have disclosed meaningful new buys, and no onchain sales have been recorded.
Forward Industries, the largest holder, accumulated over 6.9 million SOL at an average cost of roughly $230. With SOL trading around $84, Forward has unrealized losses of over $1 billion.
Sharps Technology made a single $389 million purchase near the market peak. The company’s SOL is now worth about $169 million, down over 56% from its acquisition cost.
DeFi Development Corp followed a more gradual accumulation strategy and reports smaller losses, but its shares still trade below the value of its SOL holdings.
Solana Company, which built a 2.3 million SOL position over several tranches of purchases, has also paused accumulation since October, according to CoinGecko’s transaction history.
Equity markets signal a treasury winterEquity price data from Google Finance shows that the top five Solana treasury companies have suffered sharp drawdowns in the last six months, significantly underperforming SOL itself.
Forward Industries, DeFi Development Corp, Sharps Technology and Solana Company stock prices are down between 59% and 73% in the six-month charts.
Six-month price chart of Forward Industries. Source: Google FinanceCoinGecko data shows that Upexi has $130 million in unrealized losses on its SOL holdings. However, its shares have fallen more sharply than its peers.
Upexi shares are down more than 80% over the past six months, according to Google Finance. Like other Solana treasury firms, Upexi has paused new accumulation since September.
Magazine: Crypto loves Clawdbot/Moltbot, Uber ratings for AI agents: AI Eye
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-02-10 12:091mo ago
2026-02-10 06:391mo ago
Nitro backs execution-first Monad startups with up to $500k each
Nitro, a Monad-focused accelerator, offers up to $7.5M to execution-driven teams to turn already-funded crypto projects into products that actually ship.
2026-02-10 12:091mo ago
2026-02-10 06:431mo ago
ETH could dip below $2k as buying pressure reduces: Check forecast
The cryptocurrency market has been ranging over the past two days, with many coins and tokens currently in the red.
Bitcoin, the leading cryptocurrency by market cap, is stuck below the $69k level as it is up by less than 1% in the last 24 hours.
Meanwhile, Ether, the leading altcoin by market cap, is down by 1% and is now trading around $2,011 per coin.
BitMine adds more Ether to its treasury Copy link to section
The bearish performance comes despite Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) adding to its digital asset stash last week, acquiring 40,613 ETH.
BitMine is now closing in on its 5% total Ethereum supply target as it now holds 4.32 million ETH, worth about $8.9 billion at the time of publication.
In addition to that, the Nevada-based firm has staked 2.89 million ETH, about 67% of its entire stash.
This latest acquisition comes as Ether’s price has declined in recent days, aligning with the bearish trend in the broader cryptocurrency market.
Ether has lost 62% of its value since reaching a new all-time high last August.
However, Ethereum’s daily active addresses and transactions have surged to record levels.
While commenting on the current market conditions, BitMine’s Chairman Thomas Lee stated that drawdowns are annual for ETH, highlighting that the recent decline marks the eighth time ETH has seen a 50% decline or more from a recent high.
He added that,
“ETH sees V-shaped recoveries from major lows. This happened in each of the 8 prior declines of 50% or more. A similar recovery is expected in 2026. The best investment opportunities in crypto have presented themselves after declines. Think back to 2025, the single best entry points in crypto occurred after markets fell sharply due to tariff concerns.”
With its latest acquisition, BitMine is sitting on unrealized losses of over $7 billion on its ETH holdings.
The company also holds 193 Bitcoin (BTC), a $200 million stake in Beast Industries, a $19 million stake in Worldcoin (WLD) treasury, Eightco Holdings (ORBS), and total cash of $595 million.
ETH could dip below $2k Copy link to section
The ETH/USD 4-hour chart remains bearish as Ether has dropped below $2,100 following Monday’s rally. At press time, ETH is now trading at $2,011 per coin.
Failing to overcome the $2,195 resistance could see Ether face further selling pressure in the near term, with the support level at $1,770 a likely pull for the bears.
The RSI of 41 is below the neutral 50, indicating that the bearish trend is growing.
The MACD lines also remain below the neutral zone, adding further bearish confluence to the pair.
However, if the daily candle closes above $2,100 in the near term, Ether could rally towards the next daily resistance level at $2,388.
2026-02-10 12:091mo ago
2026-02-10 06:431mo ago
Hyperscale Data doubles down on Bitcoin as treasury hits 589 BTC
Hyperscale Data lifts its Bitcoin treasury to 589 BTC and targets $100m, using a strict dollar‑cost‑averaging plan as crypto remains a macro risk barometer.
Summary
Hyperscale Data now holds 589.4502 BTC worth about $41.4m, aiming to scale its Bitcoin balance‑sheet position to $100m over time. The firm deploys at least 5% of allocated cash weekly into BTC via a disciplined dollar‑cost‑averaging strategy run through Sentinum and Ault Capital Group. Bitcoin, Ethereum, and Solana prices underscore the risk‑asset backdrop as external analyses flag elevated BTC volatility and deep drawdowns from 2025 highs. Hyperscale Data tightens its grip on Bitcoin as treasury tops 589 BTC, sharpening a balance‑sheet bet on digital assets at a time when crypto remains the market’s rawest barometer of risk appetite.
Treasury milestone and $100m target Hyperscale Data, Inc. said in a press release published today its Bitcoin treasury reached 589.4502 BTC as of February 8, 2026, with an implied value of roughly $41.4m at a closing Bitcoin price of $70,264. The company reiterated that its goal is to accumulate $100m worth of Bitcoin on its balance sheet over time.
Executive chairman Milton “Todd” Ault III framed the move as deliberate and incremental, stressing discipline over bravado. “We continue to demonstrate our dedication to our dollar‑cost average strategy,” he said, arguing that this approach “has allowed us to continually lower our average cost per Bitcoin and further strengthen the balance sheet and long‑term future of the Company.”
How Hyperscale is accumulating BTC Through its subsidiaries Sentinum, Inc. and Ault Capital Group, Inc. (ACG), Hyperscale now holds 589.4502 BTC, with Sentinum controlling about 548.5903 BTC and ACG approximately 40.8994 BTC. Sentinum’s stack includes 108.3562 BTC mined in‑house and 440.2341 BTC bought in the open market, while ACG added 8.9000 BTC during the week ended February 8.
The firm plans to “fully deploy the cash allocated to its digital asset treasury (‘DAT’) strategy into Bitcoin purchases over time,” typically targeting at least 5% of allocated cash each week via daily buys, though actual deployment will flex with “market conditions and strategic considerations.” Management told investors to judge accumulation using multi‑week averages, consistent with first‑principles DCA practice common among institutional allocators.
Macro backdrop: crypto as risk gauge This parabolic move comes as digital assets continue to trade as the purest expression of macro risk appetite. Bitcoin (BTC) is hovering around $69,095, with a recent 24‑hour range between roughly $69,319 and $70,123 and turnover anchored in deep, multi‑billion‑dollar spot and derivatives flows. Ethereum (ETH) changes hands near $2,060, down just over 2% on the session, after trading between about $2,000 and $2,150 over the last day. Solana (SOL) trades close to $83.9, slipping around 0.4% in the past 24 hours as volumes consolidate after a sharp multi‑week advance.
For readers tracking the broader context of Bitcoin’s pullback and volatility, recent analyses from outlets such as Phemex on BTC’s drawdown from its October 2025 highs, Journal du Coin’s coverage of the latest 50% correction, and XTB’s breakdown of the latest slide toward the high‑$60,000 region provide additional color on the forces shaping Hyperscale’s high‑conviction treasury strategy.
2026-02-10 12:091mo ago
2026-02-10 06:441mo ago
Satoshi Nakamoto Bitcoin Wallet Address List Revealed
Bitcoin trades at $68,897 as of writing, keeping market attention firmly on long-term holders and historic addresses. Against this backdrop, renewed interest has emerged around Satoshi Nakamoto’s Bitcoin wallet addresses after a mysterious transfer sent 2.56 BTC, worth over $180,000, to the Bitcoin genesis address.
The event has revived discussion around the scale, structure, and long-standing dormancy of wallets widely linked to Bitcoin’s anonymous creator.
Mapping Satoshi Nakamoto’s Wallet AddressesBlockchain researchers estimate that Satoshi Nakamoto controls more than 20,000 Bitcoin wallet addresses. Most of these wallets received exactly 50 BTC, which matched the block reward during Bitcoin’s earliest mining era.
Some of these addresses, especially the genesis address, hold more than the 50 BTC mining reward, as some Bitcoin users occasionally send small amounts of BTC to addresses belonging to Satoshi as a tribute.
AddressBalanceNotes1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa103.03 BTCGenesis address12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S18.44 BTCThe address used by Satoshi to send the first user-to-user Bitcoin transaction to Hal Finney12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX51.35 BTCn/a1HLoD9E4SDFFPDiYfNYnkBLQ85Y51J3Zb150.08 BTCn/a1FvzCLoTPGANNjWoUo6jUGuAG3wg1w4YjR50.01 BTCn/aAnalysts believe Satoshi mined blocks consistently in the network’s first year, accumulating holdings estimated between 600,000 BTC and 1.1 million BTC. Despite the enormous value tied to these addresses, none have shown any outgoing activity since their creation.
The Patoshi Pattern ExplainedMuch of the research around Satoshi’s wallets stems from work by Sergio Damian Lerner. Lerner identified a distinct mining signature known as the “Patoshi” pattern. This pattern revealed timing and technical traits that separated blocks likely mined by Satoshi from those mined by others.
Using this approach, Lerner concluded that Satoshi mined approximately 1.1 million BTC. The estimate carries a high degree of confidence within the blockchain research community, though absolute certainty remains impossible.
A Transfer To The Genesis AddressOn February 7, an unknown Bitcoin user sent 2.56 BTC to the Bitcoin genesis address. This address mined the first Bitcoin block in January 2009 and received the network’s original 50 BTC reward. The transaction quickly appeared across blockchain explorers and spread across crypto-focused platforms.
The address showed no outgoing movement after the deposit, reinforcing its long-standing inactivity. Observers confirmed that the transfer did not involve any action from Satoshi Nakamoto.
Why Genesis BTC Never MovesThe genesis address holds unique technical properties. While it displays a balance, the original 50 BTC block reward cannot be spent. Charles Hoskinson previously explained that Satoshi did not add the genesis block’s coinbase transaction to Bitcoin’s global transaction database.
As a result, those coins remain permanently unspendable. Whether this outcome occurred by design or accident remains unclear. Any BTC sent to this address effectively leaves circulation.
Symbolism Behind These TransfersTransfers to the genesis address have occurred multiple times over the years. Many in the crypto community view them as symbolic gestures or tributes to Bitcoin’s origins. Others interpret them as intentional burns that slightly reduce Bitcoin’s circulating supply.
In 2024, another anonymous user sent a large BTC sum to the same address, sparking similar debates. Despite the attention, these deposits carry no material market impact due to their small scale relative to total supply.
Dormant Coins And Market SpeculationAlthough the genesis BTC remains unspendable, most Bitcoin associated with Satoshi’s other wallets remains technically accessible. None of those coins have moved since the early mining period. This prolonged silence has fueled speculation ranging from lost private keys to deliberate inactivity. Some observers even question whether Satoshi remains alive. However, no on-chain evidence supports any conclusion.
For now, the latest transfer adds another chapter to Bitcoin’s history. The market continues to watch one event above all else. If any Satoshi-linked wallet ever sends BTC outward, the implications would ripple across the entire crypto ecosystem. Until then, the mystery remains intact.
2026-02-10 12:091mo ago
2026-02-10 06:451mo ago
SushiSwap moves to revive activity with Solana DEX expansion, Jupiter aggregator integration
Solana will add SushiSwap as another native DEX. The Jupiter aggregator will also integrate the new DEX version of SushiSwap.
Solana will add SushiSwap as one of its major DEXs, showing another sign that trading and token-based activity are not damaged by the crypto downturn.
SushiSwap was one of the major DEXs created during the previous bull market, proving a reliable platform for multiple tokens. However, in 2025, the DEX is trying to rebuild its volumes and value locked.
It’s time. Sushi is live on Solana.🍣💚
We are pleased to officially announce the long awaited expansion of Sushi to @solana today!
Powered by @JupiterExchange's Ultra API, users can now seamlessly swap on Solana right from Sushi, swap and bridge cross-chain is live as well. pic.twitter.com/2WkeCDGJCm
— Sushi.com (@SushiSwap) February 9, 2026
The DEX carries around $66M in value locked, still producing around $3M in fees annually. In comparison, one of Solana’s leading DEXs, Meteora, has nearly $1B in annualized fees. The inclusion of SushiSwap on Solana may revive the DEX and mark its return as a major player.
Solana remains one of the key venues for bot-based activity, with significant levels of token trading despite the market slowdown. The new DEX addition will also be integrated with the Jupiter aggregator and included in the best swap routes. The Solana-based swaps will be integrated into the SushiSwap interface.
Solana DEX activity hinges on meme tokens In 2026, Solana DEX activity was driven by PumpSwap, which carried tokens graduating from Pump.fun. The rise of PumpSwap followed a revival in Solana token generation.
Solana DEX activity is more competitive, though PumpSwap and Meteora remain leaders. | Source: Dune Analytics Meteora is the second most active DEX on the network, mostly due to its highly liquid USDC trading pairs. The DEX carries over $430M in liquidity, becoming one of the main venues for SOL and token trading.
Solana remains the most active among L1 and L2 chains in terms of app revenues. Despite the lower liquidity, small-scale, rapid meme activity continues. Solana’s DEX growth also seems more organic compared to EVM L2 chains.
Can SOL recover above $100? Despite the active app usage, SOL sank to $84.40 as crypto markets remain shaky. Despite the resilient DEX trading, SOL has not shown signs of a fast recovery.
SOL open interest is also close to a six-month low of $2.2B. At this price range, SOL is signaling a wait-and-see attitude, with predictions for a dip to a lower price range. A more lasting SOL recovery is seen as a potential only at prices above $95.
The SOL price weakness is also used to undermine the case for Solana as a network. However, general activity shows Solana retains a mindshare of 9.3%, remaining among the most influential platforms on social media.
Solana on-chain activity is the main competitor to Base as a venue for low-priced assets. Base has started to lag as some of its apps depend on campaigns, rather than organic meme creation. Solana remains the main venue for new tokens, despite the revival of memes on BNB Chain.
2026-02-10 12:091mo ago
2026-02-10 06:491mo ago
Saylor pushes “1.4% forever” Bitcoin play to Middle East wealth funds
Michael Saylor pitches a 1.4% credit‑funded balance‑sheet formula to Middle East capital, aiming to turn corporates into perpetual Bitcoin accumulators in a fragile market.
Summary
Saylor claims selling credit equal to 1.4% of capital assets can both fund stock dividends and grow a company’s Bitcoin stack indefinitely. He frames Bitcoin as “digital capital” and “digital gold,” arguing Bitcoin‑backed credit can deliver two to four times traditional fixed‑income yields. The pitch hits as Bitcoin trades near $70,345 and major alts like ETH, SOL, and XRP reflect a macro‑sensitive, drawdown‑scarred risk environment. Michael Saylor has found a way to turn balance‑sheet engineering into a perpetual Bitcoin (BTC) accumulator’s charter — and he is not whispering it, he is broadcasting it to the Middle East.
Speaking live on Middle Eastern television, Strategy’s executive chairman Michael Saylor distilled his pitch into a single, aggressive sentence: “If we sell credit instruments equal to 1.4% of our capital assets, we can pay the dividends funded in Bitcoin and we can increase the amount of BTC we have forever.”
Strategy's Michael Saylor said live on Middle Eastern TV, "If we sell credit instruments equal to 1.4% of our capital assets, we can pay the dividends funded in #Bitcoin and we can increase the amount of BTC we have forever." pic.twitter.com/IyE56eu9jn
— BitcoinTreasuries.NET (@BTCtreasuries) February 10, 2026 The logic is brutally simple: monetize a thin slice of the asset base via credit, recycle that into yield‑bearing Bitcoin exposure, and feed shareholders both cash flow and upside without, in his view, diluting the core capital stack. KuCoin’s summary of the framework put it starkly: selling 1.4% of capital assets as credit “could allow the company to boost Bitcoin holdings permanently” while still supporting stock dividends.
This approach extends a strategy he outlined at the Bitcoin MENA conference, where he told regional sovereign funds in the Middle East that “Bitcoin is digital capital, or digital gold, and digital credit builds on it by stripping out volatility to generate yield.”
Macro risk, meet corporate leverage Saylor’s formula lands in a market where Bitcoin itself has turned into the cleanest proxy for global risk appetite. At press time, Bitcoin (BTC) trades around $70,345, with a 24‑hour range between roughly $68,428 and $71,852 on about $59.3B in volume. Ethereum (ETH) changes hands near $2,012, with 24‑hour trading volume close to $28.7B and intraday prints between about $1,999 and $2,140. Solana (SOL) sits around $86, with roughly $3.9B traded over the last day as it grinds through a 2025–26 drawdown. XRP (XRP) hovers near $1.44, down about 1% over the last 24 hours as on‑chain data flags a “stop‑loss phase” after months of distribution.crypto+8
This parabolic move comes as digital assets continue to trade as the purest expression of macro risk appetite. Bitcoin (BTC) is hovering around $70,345, with a 24‑hour high near $71,852 and a low near $68,428, on roughly $59.3B in dollar volumes. Ethereum (ETH) changes hands close to $2,012, with about $28.7B in 24‑hour turnover and spot quotes clustered in the $2,000–$2,100 band on major exchanges earlier this week. Solana trades around $86, up modestly over the last 24 hours, with nearly $3.9B in volume.crypto+5
Middle Eastern capital in the crosshairs Saylor has been explicit about his target audience. In Abu Dhabi, he claimed to have met “every Middle East sovereign wealth fund” to pitch Bitcoin‑backed credit as a superior fixed‑income replacement, promising “two to four times” traditional yields while using corporate structures like Strategy as leverage amplifiers.
The sales pitch collides with a more fragile tape. Bitcoin has slipped below $70,000 amid what one analyst called an “unpumpable” market, with selling pressure overwhelming inflows after a 45% drawdown from the 2025 peak. Whether Saylor’s 1.4% rule becomes a template or a cautionary tale will be decided not in televised sound bites, but in the next macro stress test.
2026-02-10 12:091mo ago
2026-02-10 06:501mo ago
Miner Offloads $305M Bitcoin as Network Difficulty Sees Sharp Decline
Bitcoin mining stress deepened as difficulty fell 14% and Puell dipped below 0.8, even as Cango sold $305M in BTC.
Bitcoin mining conditions tightened sharply in late January and early February after network difficulty fell 14% over three weeks and publicly traded miner Cango disclosed a $305 million BTC sale over the weekend.
The combination of falling profitability metrics and selective balance sheet sales shows pressure spreading across the mining sector, even as broader on-chain data shows no signs of disorderly selling.
Difficulty Drops as Miners Cut Capacity According to a February 10 brief published by on-chain analyst Axel Adler Jr., Bitcoin’s network difficulty dropped by a combined 14.1% between January 22 and February 6, following two consecutive downward adjustments of 3.3% and 11.2%. Such back-to-back cuts usually occur when less efficient mining equipment is taken offline, often during periods of weak price action.
During the same window, the price of BTC fell about 25%, briefly touching $60,000 before rebounding toward $70,000. At the time of writing, the flagship cryptocurrency was trading at around $69,000, down nearly 1% in the last 24 hours and more than 12% over the past week, based on CoinGecko data.
The asset has also lost 24% of its value over the past month and about 29% year over year, underperforming earlier-cycle expectations and keeping mining margins tight.
Against this backdrop, Cango confirmed it sold 4,451 BTC for approximately $305 million, citing balance sheet strengthening. The sale, approved by the company’s board, drew an immediate reaction from equity investors, with Cango shares closing 8% lower on the first trading day after the disclosure.
Adler described the transaction as a point event rather than evidence of widespread forced liquidation, noting that aggregate miner flows to exchanges are still holding steady.
You may also like: Analysts Warn of Extended Downturn as Bitcoin Struggles at $68K Robert Kiyosaki Says Bitcoin Is a Better Investment Than Gold – Here’s Why Bitcoin Miner Activity Hits Highest Level Since 2024 with 90K BTC Sent to Binance Data from miner exchange inflows supports that view, with the 30-day moving average of daily miner transfers hovering near 82 BTC, only slightly lower than mid-January levels and well within recent norms, according to the market watcher. Furthermore, he reported that there have been no sustained spikes that would suggest broad reserve dumping.
Profitability Pressure and What Comes Next Profitability metrics still point to strain. For instance, Adler pointed out in his brief that the Puell Multiple, which compares daily miner revenue to its annual average, slipped to a 30-day average of 0.77 in early February, down from 0.86 in mid-January. He added that spot readings briefly fell to around 0.61, levels historically associated with miner stress and capacity exits.
The analyst noted that miners earning below their annual average tend to prioritize liquidity, increasing the chance of selective reserve sales rather than aggressive expansion. According to him, completion of this stress phase typically requires a reversal in difficulty adjustments and a recovery in the Puell Multiple toward the 0.85 to 0.90 range.
For now, the data suggests the adjustment is playing out mainly through hashrate reductions instead of heavy selling. The risk, in Adler’s opinion, is a renewed price drop below $60,000, which could push profitability metrics lower and prompt similar sales from other public miners.
Tags:
2026-02-10 12:091mo ago
2026-02-10 06:511mo ago
Ethereum Foundation Backs SEAL to Combat Crypto Drainers and Phishing Attacks
The wider perspective of SEAL includes protecting crypto market participants by offering collaborative tools for threat intelligence sharing. The Ethereum Foundation shared on X, replying to SEAL’s announcement that the security alliance has done significant work to fight attacks. The Ethereum Foundation has planned to sponsor crypto security nonprofit Security Alliance (SEAL) for tracking and neutralising crypto drainers along with social engineering attackers targeting Ethereum users.
On February 9, SEAL stated that it rolled out the “Trillion Dollar Security” initiative with EF to back these efforts after connecting with EF in 2025 regarding funding security engineers to more precisely trace drainer development and project against wide-scale attacks.
The EF has now sponsored a security engineer whose only mission is to operate with SEAL’s intelligence team to fight drainers aiming at Ethereum users, as per SEAL. The wider perspective of SEAL includes protecting crypto market participants by offering collaborative tools for threat intelligence sharing and incident response and also offering legal protection for its white-hat hackers.
The Strong Backing The Ethereum Foundation shared on X, replying to SEAL’s announcement that the security alliance has done significant work to fight attacks and the ecosystem has profited heavily. Phishing scammers and drainers mostly make fake websites or fraudulent emails that mimic legitimate crypto protocols, deceiving users into approving seemingly harmless wallet transactions that can lead to loss of funds.
Their strategy has become heavily sophisticated in the past few years, encouraging the need for advanced detection and prevention mechanisms. As per the estimations of ScamSniffer, these scammers have swept up around $1 billion in crypto in the past years.
Although efforts from SEAL and other crypto investigators aided in taking that tally down to $84 million in the last year, an all-time low. SEAL, along with the EF, made a trillion-dollar security dashboard to trace the security of Ethereum over six dimensions comprising user experience, smart contracts, infrastructure and cloud, consensus protocol, monitoring and incident response, social layer and governance.
Every dimension consists of 8 to 29 risk controls being keenly observed, with identified “priority work” that must be referred. SEAL also mentioned that the collaboration with the ED is the first of various planned initiatives having other forward-thinking ecosystems.
Highlighted Crypto News Today:
Bitcoin (BTC) Squeezed Between $65K and $70K: Will Support or Resistance Give Way in the Coming Move?
A passionate journalist with a strong foundation in content writing and an experience in the crypto industry. With a commitment to self-growth, Sharmistha aims to make a meaningful impact in the media and communications landscape.
2026-02-10 12:091mo ago
2026-02-10 06:541mo ago
Ethereum Foundation Partners With SEAL to Combat Wallet Drainers
The Ethereum Foundation has announced a formal partnership with the crypto security nonprofit Security Alliance (SEAL) to combat the persistent threat of wallet drainers targeting the ecosystem. Under this new initiative, the foundation is sponsoring a dedicated security engineer to work directly with SEAL’s threat intelligence team to track and neutralise social engineering attacks.
The fight against exploits is fundamental. In 2025 alone, over $3.4 billion was stolen, dominated by the $1.5 billion Bybit multi-signature exploit. North Korea’s Lazarus Group conducted record-breaking attacks totaling $2.02 billion.
While DeFi security improved, major losses shifted toward centralized service breaches, private key compromises, and AI-driven phishing scams.
Cryptocurrency hack volumes over time. Source: Chainalysis
DISCOVER: Next Crypto To Explode in 2026
The Fight Against Social Engineering: The Nightmare Of Wallet Drainers Wallet drainers, sophisticated phishing scripts that trick users into signing malicious transactions, have become a primary vector for crypto theft. These schemes have historically resulted in nearly $1 billion in user losses. The attacks often utilise fake websites and fraudulent emails that impersonate legitimate protocols, exploiting the trust of DeFi and NFT participants.
Huge thanks to the @ethereumfndn for sponsoring a security researcher to work with SEAL Intel and disrupt drainers targeting Ethereum users!https://t.co/qrlBwLI2fj
— Security Alliance (@_SEAL_Org) February 9, 2026
SEAL has been instrumental in mitigating these threats, offering a platform for white-hat hackers to share threat intelligence and coordinate incident responses. The Ethereum Foundation’s support builds on a legacy of security-focused initiatives, similar to Vitalik Buterin’s involvement in security funds, which have long prioritised protecting the network’s user base from systemic risks.
Partnership Targets Wallet Drainers Infrastructure – The “Trillion Dollar Security” The collaboration was formalised with the launch of the “Trillion Dollar Security” (1Ts) initiative, which aims to provide a comprehensive view of Ethereum’s security health. As part of the agreement, the Ethereum Foundation is funding an engineer whose “sole mission” is to monitor drainer development and prevent wide-scale attacks on the network.
“The Security Alliance has done important work to combat attacks and the ecosystem has benefited tremendously.”
This initiative introduces a new dashboard tracking security across six key dimensions: user experience, smart contracts, infrastructure, consensus protocols, monitoring, and the social layer. The approach moves beyond reactive patching to proactive threat hunting. This evolution is critical, as recent events like the CrossCurve exploit demonstrate that despite improvements, sophisticated thefts continue to disrupt the market.
The partnership also reflects the growing maturity of the crypto security sector. It parallels the rise of intelligence firms like TRM Labs, which provide the infrastructure necessary to trace and analyze blockchain threats on an institutional scale.
DISCOVER: Upcoming Coinbase Listings in 2026
Proactive Security Bolsters Ecosystem, But It Is Still Not Enough While industry reports suggest that phishing losses dropped to $84 million in 2025 (a significant reduction attributed to efforts by SEAL and other sleuths), the threat landscape remains volatile. By securing the “social layer,” the Ethereum Foundation aims to reduce the efficacy of phishing campaigns that bypass technical smart contract defenses.
This security push complements broader regulatory efforts to clamp down on illicit finance, such as the DOJ’s recent forfeiture in the Helix case, which targeted the laundering tools often used by drug operators.
As the 1Ts dashboard rolls out, stakeholders will gain measurable insights into the ecosystem’s resilience against these evolving predatory tactics.
Ethereum Price Analysis: ETH Fails To Break Resistance Ethereum recently tested a key resistance zone around the $2,150 area but failed to hold above it. This suggests sellers are still active near the top, and the breakout attempt lacks strong follow-through. As long as ETH stays below this resistance, the structure looks range-bound, with downside risk toward the mid-range support.
A clean reclaim of the resistance would be needed to confirm a stronger bullish continuation.
EXPLORE: Best Solana Meme Coins
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
News
Neil is a professional cryptocurrency content writer with years of experience. He has written for various cryptocurrency websites to report on breaking news, and been hired by all sorts of cryptocurrency projects, to create content that would increase their exposure and attract more potential investors.
Neil Mathew on LinkedIn
2026-02-10 12:091mo ago
2026-02-10 06:541mo ago
XRP Ledger Reflects Ripple's Institutional Adoption Strategy as It Hits All-Time High in Key Metrics
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Even though there is still a lot of short-term selling pressure on XRP's market price, XRP Ledger is clearly indicating that network activity is accelerating. Even though price action recently fell toward the $1.40 region after a downward trend, on-chain metrics show a completely different story developing below the surface.
XRP Ledger keeps growingAccording to recent data, the number of successful transactions on the XRP Ledger, as well as the number of transactions executed, have both increased to all-time highs in recent months. One of the busiest times in the network's history has been marked by a steady increase in daily transaction counts, which have surpassed prior peaks and maintained levels above two million transactions daily.
XRP/USDT Chart by TradingViewRipple's continuous drive for institutional adoption is closely correlated with this spike in activity. The business recently improved its custody platform, adding integrated staking capabilities and improved security architecture tailored to banks and other financial institutions.
HOT Stories
How Ripple pushes infrastructural exposureThe objective is to facilitate the deployment of custody and staking services for institutions without requiring them to construct infrastructure from the ground up, or to manage their own validators. By lowering operational barriers, these upgrades enable traditional financial players to more quickly provide services and enter digital asset custody.
You Might Also Like
The current increase in transaction volumes seen across the XRP Ledger seems to be consistent with the idea that increased institutional participation usually translates into higher ledger usage.
Growing conjecture regarding ETF-related developments in the larger cryptocurrency market may also be a factor in the activity spike. Despite continued pressure on price performance, institutional positioning ahead of prospective ETF expansions or related financial products frequently result in increased asset movement and network utilization.
To put it briefly, the ledger itself is indicating increasing utility and adoption even though XRP's chart still shows bearish conditions. Despite temporary market weakness, rising transaction counts indicate that infrastructure-level growth is continuing. Network usage may remain robust if institutional adoption and ETF-related flows keep up, which could pave the way for future price stabilization when overall market sentiment improves.
2026-02-10 12:091mo ago
2026-02-10 06:551mo ago
UK regulator sues crypto exchange HTX over illegal promotions
Representation of Bitcoin cryptocurrency in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
LONDON, Feb 10 - Britain's Financial Conduct Authority said on Tuesday it had begun legal proceedings against global crypto exchange HTX, formerly known as Huobi, for illegally promoting cryptoasset services to British consumers.
The FCA said HTX had repeatedly issued illegal crypto promotions to British consumers despite prior warnings, including ads posted on its website and social media platforms.
Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here.
Reporting by Muvija M, writing by Sam Tabahriti, editing by William James
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-02-10 12:091mo ago
2026-02-10 06:571mo ago
Wintermute warns AI-fueled liquidity drain is suffocating Bitcoin
Wintermute says AI stocks are siphoning liquidity from crypto, leaving Bitcoin stuck in high‑volatility, low‑spot demand price discovery as U.S. selling and ETF outflows bite.
Summary
Wintermute flags a rotation into AI assets, with U.S. counterparties and ETF redemptions driving persistent structural Bitcoin selling. Thin spot volumes and elevated leverage leave BTC in “surrender‑style” swings, with $60,000 acting as key downside liquidity in recent price action. A real recovery needs spot demand, a positive Coinbase premium, and stabilizing ETF flows as BTC trades near $68,700 and AI‑linked tokens show mixed momentum. Bitcoin’s latest lurch lower is no mystery: liquidity is bleeding into the AI trade, and the crypto market is being left to dance on thinning ice.
Macro rotation and Wintermute’s warning Market maker Wintermute notes that Bitcoin “briefly fell to $60,000 last Monday, erasing all gains since Trump’s election,” as spot flows reveal “significant structural pressure.” The firm highlights that the “Coinbase premium has consistently been in a discount state… since last December, indicating ongoing selling pressure from the U.S.,” while internal OTC data shows “U.S. counterparties were the main sellers throughout the week,” a trend “amplified by continuous ETF fund redemptions.”
Wintermute argues that “over the past few months, AI‑related assets have been continuously absorbing available market funds, crowding out the allocation space for other asset classes,” with crypto underperformance largely explained by “the rotation of funds towards the AI sector.”
High‑volatility price discovery Last week’s action resembled a “surrender‑style clearing, with volatility soaring and buying support emerging at $60,000,” Wintermute observes, adding that “in an environment where spot trading remains relatively low, leverage has become the dominant factor in price fluctuations.” Without a rebound in open interest, “it will be difficult for the market to form sustained follow‑through on either the long or short side.”
A “true structural recovery” now hinges on “a return of spot demand,” a positive Coinbase premium, reversing ETF flows, and stabilizing basis, the firm says. Until then, Bitcoin is “entering a phase of high volatility and choppy price discovery,” with direction “increasingly dominated by institutional fund flows from ETFs and derivatives channels” as retail attention drifts elsewhere.
Related coverage on structural selling and ETF flows can be found via ChainCatcher’s analysis of Bitcoin slipping below key moving averages, BlackRock’s renewed transfers to Coinbase Prime, and Hyperscale Data’s growing BTC treasury holdings.
Spot benchmarks and AI‑crypto pulse At the time of writing, Bitcoin trades near $68,700, down less than 1% over 24 hours, on roughly $46B in volume, while total market value hovers around $1.37T. Ethereum’s market cap stands near $242B, with about $28.6B changing hands in the last day.
Within AI‑linked crypto, the Artificial Superintelligence Alliance’s FET token changes hands around $0.16, on roughly $39M in 24‑hour volume. Render (RENDER) trades close to $1.31, with about $35.8M in daily turnover. Akash Network (AKT) is near $0.32, with a market cap just under $92M and 24‑hour volume around $2.8M. SingularityNET (AGIX) sits near $0.07, on modest volume of around $41K.
Wintermute’s bottom line is blunt: “For crypto assets to outperform again, AI trading needs to cool down first.” Until that rotation snaps back, Bitcoin’s next act will be written in volatility, not in trend.
2026-02-10 12:091mo ago
2026-02-10 06:591mo ago
Ripple CEO: XRP Community Has Always Been Top Priority
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
In a recent tweet, Ripple CEO Brad Garlinghouse reiterates the company's commitment to the XRP community. Garlinghouse was reacting to an X user who pointed out that Ripple has stayed true to its word in utilizing XRP as a bridge asset.
This follows the recently updated institutional DeFi blueprint for the XRP Ledger, with a compliance-focused infrastructure positioning XRP as a settlement and bridge asset.
The Ripple CEO expressed joy that the message is finally even more clear, which is that the XRP community has always being top priority for the company.
HOT Stories
"Glad to see the message is (finally, even more) clear! XRP family has and always will be top of mind for Ripple," Garlinghouse stated.
Ripple is developing features to enhance XRP Ledger’s institutional utility, which strengthens the underlying demand and use cases for XRP.
Permissioned DEX, Permissioned Domains and Credentials with XRP as a bridge asset are expected to enhance XRP utility in auto-bridging, fee burn, reserve requirements, settlement and liquidity provision.
You Might Also Like
Native on-ledger credit markets through the Lending Protocol will allow XRP to both be borrowed and lent. XRP is also the default bridge asset in FX flows and settlement.
Features such as the MPT, Permissioned Domains, Lending Protocol and Confidential Transfers are expected to scale use cases for tokenized assets, FX and on-chain credit. Meanwhile, Credentials, Token Escrow and Batch Transactions will bring about use cases in compliance enhancing XRP's utility in governance and reserve box.
Important week arrivesOn Feb. 11 and 12, XRP holders, builders, institutions and Ripple leaders will come together for XRP Community Day 2026.
You Might Also Like
Three live X Spaces will be hosted by Ripple on these two days, covering EMEA, the Americas and APAC regions. Feb. 11 is specifically for EMEA and the Americas, while Feb. 12 will cover the APAC region.
The Americas XRP Innovation Spotlight at XRP Community Day will see Evernorth, Gemini and Wormhole showcase how they are using XRP today and what is coming next on their roadmaps.
The Segment "Growth of Regulated XRP Investment Products" will dive into ETF and ETP growth, public-market demand, and what broader access to XRP looks like next. Rayhaneh Sharif Askary, head of product and research at Grayscale, Michael Dunn from Bitnomial and Matt Hougan from Bitwise will be participating in this session.
2026-02-10 12:091mo ago
2026-02-10 07:001mo ago
How Solana's $117B DEX volume overtook Ethereum in 2026
Over the past two weeks, both Ethereum [ETH] and Solana [SOL] have declined in value. Recent data shows ETH trading at $2,039, down more than 12% in the past week, while SOL dropped over 17% during the same period, according to CoinMarketCap
Solana has been gaining ground in network activity, while Ethereum has experienced a less severe price crash. Transactions, capital flow, DEX volume, and payments data offer insights into how the Ethereum and Solana contest is going in 2026.
Capital flow from Solana to Ethereum First, Solana‘s daily transaction activity hit a new peak of 160 million this month, as per Blockworks data. The activity has been growing steadily since November 2021, a period when there was an altcoin season.
During this time, SOL was trading around $84. This did not reflect the strength in network activity. However, this weakness was market-wide.
Solana’s strength was not only in activity but also in capital inflows.
Over the last week, more than $100 million was bridged from other chains to SOL, with Ethereum contributing more than $50 million. This demonstrated Solana’s increasing dominance in transaction activity.
Source: deBridge
Other chains that significantly bridged to Solana were TRON [TRX], Base, Arbitrum [ARB], and BNB Chain, respectively.
Solana also surpassed Ethereum in decentralized exchange (DEX) volume. The data showed Solana at $117 billion, more than double Ethereum’s $52 billion, which ranked second.
The altcoin outperformed BNB Chain, Base, and Arbitrum, which ranked just behind it. This indicates that Solana is excelling not only in comparison to Ethereum but also across the broader crypto sector.
Source: CryptoRank
Such high trading volume emanated from projects running on the Solana blockchain. It harbors most of the memecoins, and now tokens in RWA and DePIN, among other sectors, are launching on SOL.
That explains why it has quickly caught up with ETH, which was a leader in most of the DeFi activities.
What about the battle in payments? Even in the new payment rails, Solana continues to dominate Ethereum, as per Artemis data.
Most of the volume is dominated by fintech like PayPal, which had $1.8 trillion as of writing. On the other hand, Solana and Ethereum had $6.5 billion and $68.2 billion, respectively.
However, in terms of growth percentage, blockchain leads. For instance, SOL grew by 755%, while ETH had 625%. PayPal only managed 6.3%. Another contest lost by ETH to SOL.
Source: Artemis
Is the battle over? Combining all this data showed that Solana was quickly growing to challenge Ethereum’s dominance in blockchain technology.
However, the battle was far from over. ETH dominated in Total Value Locked (TVL) with over $136 billion in assets. Solana only managed $17 billion. This suggested that ETH was still the bigger blockchain, as the TVL showed where confidence was.
Final Thoughts Solana transactions hit a new high as bridging to Solana intensifies. Ethereum loses a couple of contests against SOL, but TVL shows ETH is still the bigger chain.
2026-02-10 12:091mo ago
2026-02-10 07:011mo ago
ChatGPT picks 2 cryptocurrencies to buy during the February market crash
Late January and early February proved dramatic for the cryptocurrency market as heightened volatility first erased approximately $1 trillion before an upward correction rapidly added about $300 billion by press time on February 10.
Cryptocurrency market capitalization one-month chart. Source: TradingView The digital assets turmoil has left investors and experts divided, with prominent figures including the ‘Big Short’ investor Michael Burry predicting an even greater downside ahead, at the same time, analysts at Bernstein dismiss the bear case and are forecasting a 2026 Bitcoin (BTC) price target of some $150,000.
Given the conflicting outlooks, Finbold turned to the advanced artificial intelligence (AI) of ChatGPT to try to uncover which cryptocurrencies could prove the most lucrative buys in February amid the turmoil.
ChatGPT outlines its framework for cryptocurrency buy recommendations in February. Source: Finbold & ChatGPT Bitcoin (BTC) OpenAI’s premier large language model (LLM) swiftly proved orthodox in its thinking as it revealed that it considers Bitcoin as the top digital asset to buy in the wake of the February crash.
According to ChatGPT, BTC’s sheer size and popularity among institutional and retail investors alike ensure that long-term accumulation has persisted even through the downturn. Furthermore, the AI noted tends to be the first to rebound among its peers, thus potentially equally signaling incoming buying opportunities and generating profits.
ChatGPT, however, also noted that risks of continued selling remain, making buying BTC less than riskless. It also, on the other hand, revealed that dollar-cost averaging with purchases timed to coincide with Bitcoin’s price hitting critical support zones while having a long-term horizon in mind is the winning strategy.
ChatGPT outlines its case for buying Bitcoin in February. Source: Finbold & ChatGPT Polygon (POL) The AI also made a somewhat less common cryptocurrency pick for February: Polygon (POL).
ChatGPT’s argument, at its core, rests on POL being an infrastructure token whose wide use ensures long-term relevance. OpenAI’s flagship model also noted that Polygon’s sharp drawdown in the last 12 months positioned it as one of the most oversold cryptocurrencies and, by extension, one of the best-positioned for a strong rally.
POL price 12-month chart. Source: Finbold Still, the advanced AI noted that altcoins remain significantly more volatile than Bitcoin, making POL a riskier bet than BTC.
In terms of a long-term strategy, ChatGPT recommended pairing the bet with Bitcoin to diversify risk and using support and volume signals to ensure you are buying at the biggest discount possible.
ChatGPT outlines its case for buying Polygon in February. Source: Finbold & ChatGPT Lastly, it is worth noting that the flagship LLM’s closing statement makes it evident the model is not a believer in a swift recovery, as it highlighted its recommendations are for investors with a long and mid-term horizon.
Featured image via Shutterstock
2026-02-10 12:091mo ago
2026-02-10 07:011mo ago
XRP News Today: Bulls Defend $1.40 Support as Market Eyes a Reversal
XRP news today highlights a critical battle at the $1.40 support level. This price analysis explores if XRP can rebound to $2.00 or if a deeper crash is coming
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Cardano Foundation (CF) has announced the release of Cardano Rosetta Java v2.0.0. This is a major backend infrastructure upgrade to the Cardano (ADA) network, as it is a key tool for standardizing blockchain data access to the Rosetta API. The announcement was shared on the Cardano Foundation X page with the broader community.
Cardano upgrades for faster syncingNotably, the aim is to allow for seamless integrations for exchanges and wallets without custom coding. The upgrade delivers a faster synchronization time with exchanges, which dropped from approximately 52 hours to 37 hours.
This offers about 30% faster syncing, which will reduce the downtime experienced and guarantee faster recovery.
This faster speed matters when an exchange needs to onboard Cardano or a service needs to resync from scratch. With the Cardano Rosetta Java v2.0.0, when infrastructure goes down, and there is a need for faster recovery, this becomes very critical.
The Cardano Rosetta Java v2.0.0 offers more reliable and future-proof infrastructure. Some of the key upgrades include newer Cardano nodes (v10.5.x), with Ouroboros Genesis support to provide better security and long-term scalability. The Mithril upgrade offers faster, safer blockchain data verification and the goal is to prevent edge-case failures on the blockchain.
Cardano Rosetta Java v2.0.0 is now live. ⚙️
This release introduces major upgrades to Cardano’s exchange integration stack.
Robust foundation. More reliability. ~30% faster sync.
Explore the full release notes and docs to get started: https://t.co/OIFfwIf1JI?from=article-links
— Cardano Foundation (@Cardano_CF) February 10, 2026 Additionally, the upgrade guarantees a cleaner, more modular and easier-to-extend system. This is vital for future Cardano features and scaling plans for the blockchain.
The announcement serves as a reminder to developers to adjust their setup to meet the demanding requirements of the upgrade. A significant change requires that anyone upgrading must resync from "genesis." While this requirement appears painful in the short term, it should guarantee clean and consistent data.
Meanwhile, operators are now required to use Docker Compose or Kubernetes/Helm charts and no longer "one-click" Docker containers.
Improvements and market implicationsWith this upgrade by Cardano, exchanges and custodians can be certain of faster onboarding. The network should also experience more stable deposits and withdrawals. Additionally, the process of maintenance will be less stressful.
You Might Also Like
Cardano developers are assured of a better foundation for building tools, a cleaner schema and documentation.
Hence, by making the ecosystem more reliable for integration with other large platforms, Cardano’s operation should be seamless with fewer headaches.
This could have an indirect positive impact on ADA. As more exchanges support Cardano with a lower risk of deposit or withdrawal halts, it might increase adoption and boost the price outlook.
As of this writing, Cardano exchanges hands at $0.2635, which represents a 1.42% increase in the last 24 hours. However, trading volume remains down by 40.21% at $471.13 million within the same time frame.
2026-02-10 12:091mo ago
2026-02-10 07:061mo ago
Harvard endowment tilts harder into Bitcoin ETFs than Google stock
Harvard’s endowment has quietly made Bitcoin ETFs a top public holding, surpassing Google and joining other elite universities in rotating long‑term capital into digital assets.
Summary
Filings show Harvard built and then tripled its BlackRock iShares Bitcoin Trust stake, lifting IBIT above Alphabet and other big‑tech names in its public portfolio. Brown, Emory, and other U.S. universities have also disclosed multi‑million‑dollar Bitcoin ETF and trust positions, signaling a broader endowment shift into crypto. The rotation comes as Bitcoin trades near $68,400, with Ethereum and Solana also rallying while digital assets again track global risk appetite.
Harvard University’s endowment is now leaning harder into Bitcoin (BTC) than into Silicon Valley’s most iconic search giant—and markets are taking note
Harvard’s Quiet Portfolio Pivot “FUN FACT: Harvard University holds more in Bitcoin ETFs than it holds shares in Google,” Bitcoin Magazine posted on X on February 10, distilling a shift years in the making.
Regulatory filings show Harvard built a roughly $116.7 million position in BlackRock’s iShares Bitcoin Trust in 2025, lifting its Bitcoin exposure above stakes in Alphabet and other big‑tech mainstays.
Subsequent disclosures indicate Harvard increased that wager, with some estimates putting its Bitcoin ETF holdings in the hundreds of millions and ranking the position among its single largest listed assets.
Commentary from the digital‑asset industry has been blunt. “Most people think Bitcoin is the gamble, but Harvard’s math clearly suggests that not owning enough of it is the bigger risk to their long‑term portfolio,” wrote SIG Labs.
Another bitcoiner framed it more simply: “Bitcoin is moving from theory to balance sheets.”
Endowments Move Into Crypto Harvard is not alone. Brown and Emory universities have both disclosed sizable Bitcoin ETF and trust positions, running into the tens of millions of dollars in IBIT and Grayscale’s Bitcoin Mini Trust. One crypto media noted that “several prominent U.S. university endowments have disclosed investments in cryptocurrency – including Emory, Brown, and Dartmouth Universities.”
Bitcoin, Google, and Macro Risk Harvard’s rotation comes as digital assets again trade as a pure expression of global risk appetite. Bitcoin (BTC) is hovering around $68,400, with intraday swings pulling it below $70,000 twice in the past 24 hours as traders digest a near‑50% drawdown from its 2025 peak near $126,000.
Ethereum (ETH) changes hands near $4,760, up roughly 2.5% over the last day, while Solana (SOL) trades close to $208 after a gain of just over 5%, on volumes above $12 billion.
“This is Harvard flipping tech for BTC ETFs,” one trader wrote, calling it “wild” and a sign that “institutional adoption is officially peaking right now.”
If that proves true, Bitcoin beating Google inside the world’s richest university endowment may be remembered as more than just a memeable “fun fact.”
2026-02-10 12:091mo ago
2026-02-10 07:071mo ago
Ethereum Foundation Backs SEAL to Combat Rising Crypto Scams
The Ethereum Foundation said it is backing SEAL in a new effort to counter widespread crypto scams, according to a statement shared by SEAL on X this week.
Huge thanks to the @ethereumfndn for sponsoring a security researcher to work with SEAL Intel and disrupt drainers targeting Ethereum users!https://t.co/qrlBwLI2fj
— Security Alliance (@_SEAL_Org) February 9, 2026
The initiative focuses on coordinating security research, intelligence sharing, and rapid response across the ecosystem to disrupt scam campaigns that increasingly target users through phishing, fake dApps, and social engineering. SEAL said the support strengthens its ability to work with developers, wallets, and infrastructure providers to identify threats earlier and reduce user exposure.
Scams have become a persistent issue across crypto networks, with attackers adapting quickly to new tooling and platforms. By supporting SEAL, the Ethereum Foundation is signaling a shift toward more structured, ecosystem-wide defenses rather than isolated responses. The effort aims to raise the cost of attacks while improving education and detection across commonly used interfaces.
Source: SEAL (X).
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
2026-02-10 11:091mo ago
2026-02-10 05:001mo ago
Bitcoin's Most Dangerous Setups Formed Days Before October 10 Crash: How to Spot it Next Time
Bitcoin’s Most Dangerous Setups Formed Days Before October 10 Crash: How to Spot it Next Time Prefer us on Google
Rising open interest with weak spot flows signals elevated liquidation cascade risk.Rapid STH-NUPL reversals often precede major long and short liquidations.One-sided funding and stalled momentum increase vulnerability to forced selling.Billion-dollar liquidation events are no longer rare in crypto markets. While these crashes often appear suddenly, on-chain data, leverage positioning, and technical signals usually reveal stress long before forced selling begins. This article examines whether reconstructing major historical events can help anticipate liquidation cascades.
Keep reading on for early signals and how to read them together. Throughout this piece, we analyze two major events: October 2025 (long liquidation cascade) and April 2025 (short squeeze), and trace the signals that appeared before both. The focus remains primarily on Bitcoin-specific metrics, as it still accounts for nearly 60% (59.21% at press time) of total market dominance.
October 10, 2025 — The Largest Long Liquidation Cascade Came With SignsOn October 10, 2025, more than $19 billion in leveraged positions were taken out, making it the largest liquidation event in crypto history. Although US–China tariff headlines are often cited as the trigger, market data show that structural weakness was around for weeks. The majority of these liquidations were long-biased, almost $17 billion.
"It is impossible to believe that China would have taken such an action, but they have, and the rest is History. Thank you for your attention to this matter!" – President Donald J. Trump pic.twitter.com/Kx6deI2voC
— The White House (@WhiteHouse) October 10, 2025 Price Extension and Leverage Expansion (Sep 27 → Oct 5)Between September 27 and October 5, Bitcoin rallied from around $109,000 to above $122,000, eventually testing the $126,000 area. This rapid move strengthened bullish sentiment and encouraged aggressive long positioning.
During the same period, open interest rose from roughly $38 billion to more than $47 billion. Leverage was expanding fast, indicating growing dependence on derivatives.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
October Crypto Crash Build Up: SantimentGracy Chen, the CEO of Bitget, said modern market structure makes leverage far more synchronized than in earlier cycles.
Sponsored
Sponsored
“Positions are built and unwound faster, across more venues… leverage behaves more synchronously… When stress hits, the unwind is sharper, more correlated, and less forgiving,” she added.
At the same time, exchange inflows fell from around 68,000 BTC to near 26,000 BTC. Holders were not selling into strength. Instead, supply stayed off exchanges while leveraged exposure increased.
October 5 Structure: SantimentThis combination reflected a late-stage rally structure.
At this stage of the cycle, rising leverage or open interest, for that matter, not only increases trader risk. It also raises balance-sheet and liquidity pressure on exchanges, which must ensure they can process liquidations, withdrawals, and margin calls smoothly during sudden volatility.
When asked how platforms prepare for such periods, Chen, said risk management starts long before volatility erupts:
“Holding a strong BTC reserve is a risk management decision before it’s a market view… prioritize balance-sheet resilience… avoid being forced into reactive moves when volatility spikes…,” she said
Profit-Taking Beneath the Surface (Late Sep → Early Oct)On-chain profit data showed that distribution had already begun.
From late September into early October, Spent Output Profit Ratio (SOPR), which tracks whether coins are sold at profit or loss, went up from around 1.00 to roughly 1.04, with repeated spikes. This indicated that more coins were being sold at a profit.
Importantly, this happened while exchange inflows remained low. Early buyers (possibly already exchange-held supply) were quietly locking in gains without triggering visible selling pressure. And BTC was already at an all-time high during that time.
Post-Peak SOPR: GlassnodeThis pattern suggests a gradual transfer from early participants to late entrants, often seen near local tops.
Short-Term Holders Flip From Capitulation to Optimism (September 27 → Oct 6)Short-term holder NUPL (Net Unrealized Profit/Loss), measuring paper profits or losses. provided one of the clearest warning signals. On September 27, STH-NUPL stood near -0.17, reflecting recent capitulation. By October 6, it had surged to around +0.09.
In less than ten days, recent buyers moved from heavy losses to clear profits.
NUPL Change During Uptrend Can Help Track Long Liquidations: GlassnodeSuch rapid transitions are dangerous. After emerging from losses, traders often become highly sensitive to pullbacks and eager to protect small gains, increasing the risk of sudden selling.
As sentiment improved, leverage continued rising. Open interest reached one of its highest levels on record while SOPR and NUPL began rolling over. BTC exchange inflows remained subdued, keeping risk concentrated in derivatives markets.
Instead of reducing exposure, traders increased it. This imbalance made the market structurally weak.
Momentum Weakens Ahead of the Breakdown (July → October)Technical momentum had been deteriorating for months. From mid-July to early October, Bitcoin formed a clear bearish RSI divergence. Price made higher highs, while the Relative Strength Index, a momentum indicator, made lower highs.
Bearish Divergence: TradingViewThis signaled weakening demand beneath the surface. By early October, the rally was increasingly sustained by leverage rather than organic buying, and the momentum indicator proved it.
Defense Phase and Structural Breakdown (Oct 6 → Oct 9)After October 6, price momentum faded, and support levels were tested. Despite this, open interest remained elevated, and funding rates, which reflect the cost of holding future positions, stayed positive. Traders were defending positions rather than exiting, possibly by adding margin.
Sponsored
Sponsored
Chen also mentioned that attempts to defend positions often amplify systemic risks:
“When positions approach liquidation, traders often add margin… Individually, that can make sense. Systemically, it increases fragility… Once those levels fail, the unwind is no longer gradual — it becomes a cascade,” she highlighted as the root cause for massive cascades.
Positive Funding Rate: SantimentMore margin eventually led to a deeper crash.
October 10 — Trigger and CascadeWhen tariff-related headlines emerged on October 10, the weak structure collapsed.
Price broke lower, leveraged positions moved into loss, and margin calls accelerated. Open interest fell sharply, and exchange inflows surged.
Rushing To Book Profits Or Cut Losses: SantimentForced short selling created a feedback loop, producing the largest liquidation cascade in crypto history.
Stephan Lutz, CEO of BitMEX, said liquidation cycles tend to appear repeatedly during periods of excessive risk-taking, in an exclusive quote to BeInCrypto:
“Normally, liquidations always come with cycles amid greedy times… they are good for market health…,” he mentioned.
Chen cautioned that liquidation data should not be mistaken for the root cause of crashes.
“Liquidations are… an accelerant, not the ignition… They tell you where risk was mispriced… how thin liquidity really was underneath, she said.”
Could This Long Liquidation Cascade Have Been Anticipated?By early October, several long squeeze warning signs were already visible:
Rapid price extension from late September Open interest near record levels Rising SOPR, indicating profit-taking STH-NUPL flipping positive in days Low exchange inflows concentrate risk in derivatives Long-term RSI divergence Individually, these signals were not decisive. Together, they showed a market that was overleveraged, emotionally unstable, and structurally weak.
Lutz added that recent cascades have also exposed weaknesses in risk management.
“This cycle’s criticism isn’t much on leverage itself, but risk management and the lack of rigorous approach…”
The October 2025 collapse followed a clear sequence:
April 23, 2025 — How a Major Short Liquidation Cascade Came With HintsOn April 23, 2025, Bitcoin surged sharply, triggering more than $600 million in short liquidations in a single session. While the rally appeared sudden, on-chain and derivatives data show that a fragile market structure had been forming for weeks after the early-April sell-off.
Early Technical Reversal Without Confirmation (Late Feb → Early April)Between late February and early April, Bitcoin continued making lower lows. However, on the 12-hour chart, the Relative Strength Index (RSI), a momentum indicator, formed a bullish divergence, with higher lows even as the price declined. This signaled that selling pressure was weakening.
Bullish Divergence: TradingViewDespite this, exchange outflows, which measure coins leaving exchanges for storage, continued falling. Outflows dropped from around 348,000 BTC in early March to near 285,000 BTC by April 8.
Weak Buying: SantimentThis showed that dip buyers were hesitant and that accumulation remained limited. The technical reversal was largely ignored.
Bearish Positioning After the April 8 Low (Early → Mid April)On April 8, Bitcoin formed a local bottom near $76,000. Instead of reducing risk, traders increased bearish exposure. Funding rates turned negative, indicating a strong short bias. At the same time, open interest, the total value of outstanding derivatives contracts, rose toward $4.16 billion (Bybit alone).
Negative Funding: SantimentThis showed that new leverage was being built primarily on the short side. Most traders expected the bounce to fail and prices to move lower.
Exchange outflows continued declining toward 227,000 BTC by mid-April, confirming that spot accumulation remained weak. Both retail and institutional participants stayed bearish.
Selling Exhaustion on Chain (April 8 → April 17)On-chain data showed that selling pressure was fading.
The Spent Output Profit Ratio (SOPR) was near or below 1 and failed to sustain profit/loss spikes. This indicated that loss-driven selling was slowing, even when buying was not picking pace. That’s a classic bottom sign.
SOPR During Short-Liquidation: GlassnodeShort-term holder Net Unrealized Profit/Loss (STH-NUPL), which measures whether recent buyers are in profit or loss, remained in negative territory. It stayed in the capitulation zone with only shallow rebounds, reflecting low confidence and limited optimism.
NUPL Changes To Track Liquidation Cascade: GlassnodeSponsored
Sponsored
Together, these signals showed exhaustion rather than renewed demand.
Compression and Structural Imbalance (Mid April)By mid-April, Bitcoin entered a narrow trading range. Volatility declined, while open interest remained elevated and funding stayed mostly negative. Shorts were crowded, yet prices failed to break lower and began stabilizing instead.
With selling pressure fading (SOPR stabilizing) but no meaningful spot accumulation emerging (weak outflows), the market became increasingly dependent on derivatives positioning. Buyers remained hesitant, while bearish leverage continued rising against weakening downside momentum. This imbalance made the market structurally unstable.
April 23 — Trigger and Short SqueezeBy April 22–23, STH-NUPL moved back toward positive territory (shown earlier), showing that recent buyers had returned to small profits. Some holders were now able to sell into strength, while many traders still treated the rebound as temporary and added short exposure.
Notably, a similar NUPL rebound had appeared before the October 2025 long flush. The difference was context. In October, short-term holders turning profitable encouraged more long positioning as traders expected further upside. In April, the same return to small profits encouraged more short positioning, as traders in a corrective market viewed the rebound as temporary and bet on another decline.
This combination tightened liquidity and increased bearish positioning. When prices pushed higher, stop losses were triggered, short covering accelerated, and open interest dropped sharply. Forced buying created a feedback loop, and a positive tariff-related tweet helped, producing one of the largest short liquidation events of 2025.
🚨 TRUMP MAY CUT CHINA TARIFFS TO EASE TENSIONS
The Trump administration is weighing major tariff cuts on Chinese imports—possibly by over 50%—to reduce trade tensions, sources say. No final decision has been made, and options remain open.
One idea is a tiered system:
🔸 35%…
— *Walter Bloomberg (@DeItaone) April 23, 2025 Could This Short Squeeze Have Been Anticipated?By mid-April, several warning signs were visible:
Bullish RSI divergence from late February Persistently negative funding rates Rising open interest after the April low Weak exchange outflows and limited accumulation SOPR stabilizing near 1 STH-NUPL stuck in capitulation Individually, these signals appeared inconclusive. Together, they showed a market where shorts were crowded, selling was exhausted, and downside momentum was fading.
Reflecting on repeated liquidation cycles, Chen said trader behavior remains remarkably consistent.
“Periods of low volatility trigger overconfidence… Liquidity is mistaken for stability… Volatility resets expectations… Each cycle clears excess leverage,” she added.
What These Case Studies Reveal About Future Liquidation Cascade RiskThe October 2025 and April 2025 events show that measurable changes in leverage and on-chain behavior led to the large liquidation cascades. Importantly, these cascades do not occur only at major market tops or bottoms. They form whenever leverage becomes concentrated and spot participation weakens, including during relief rallies and corrective bounces.
In both cases, these signals emerged 7–20 days before liquidation peaks.
In October 2025, Bitcoin rose from about $109,000 to $126,000 in nine days while open interest expanded from roughly $38 billion to over $47 billion. Exchange inflows fell below 30,000 BTC, SOPR rose above 1.04, and short-term holder NUPL moved from -0.17 to positive within ten days. This reflected rapid leverage growth and rising optimism near a local peak.
In April 2025, Bitcoin bottomed near $76,000 while funding stayed negative and open interest rebuilt toward $4.16 billion. Exchange outflows declined from around 348,000 BTC to near 227,000 BTC. SOPR remained near 1, and STH-NUPL stayed negative until just before the squeeze, showing selling exhaustion alongside growing short exposure.
Despite different market phases, both cascades shared three features. First, open interest increased while spot flows weakened. Second, funding remained strongly one-sided for several days. Third, short-term holder NUPL shifted rapidly shortly before forced liquidations. And finally, if a reversal or a bounce setup surfaces on the technical chart, the liquidation cascade tracking becomes clearer.
These patterns also appear during mid-trend pullbacks and relief rallies. When leverage expands faster than spot conviction and emotional positioning becomes one-sided, liquidation risk rises regardless of price direction. Tracking open interest, funding, exchange flows, SOPR, and NUPL together provides a consistent framework for identifying these vulnerable zones in real time.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2026-02-10 11:091mo ago
2026-02-10 05:041mo ago
Ethereum To Make the Most Transformative Architectural Leap Since The Merge.
Ethereum To Make the Most Transformative Architectural Leap Since The Merge. Prefer us on Google
Ethereum may replace transaction re-execution with zero-knowledge proofs for block verification.EIP-8025 enables optional ZK-based validation without breaking existing nodes or consensus.Lower hardware requirements could bring full Ethereum validation back to consumer laptops.Tomorrow, February 11, 2026, the first L1-zkEVM workshop will give a first look at a new system that could make block validation faster, cheaper, and more accessible for everyone.
Instead of re-executing every transaction in a block, Ethereum may soon rely on zero-knowledge (ZK) proofs, enabling validators to verify correctness through cryptographic proofs.
Sponsored
Sponsored
Why Ethereum’s Shift to ZK Proofs Could Redefine Block ValidationEthereum Foundation researcher Ladislaus.eth called it “arguably one of the more consequential” upgrades in the network’s history.
The change is part of the L1-zkEVM 2026 roadmap and focuses on the EIP-8025 (Optional Execution Proofs) feature. This allows certain validators, called zkAttesters, to confirm blocks using cryptographic proofs instead of checking every transaction themselves.
The shift is optional, meaning no one is forced to upgrade, and all existing nodes continue to work as they do today. However, for those who adopt it, the benefits may be significant.
“The first L1-zkEVM breakout call is scheduled for February 11, 2026, 15:00 UTC,” wrote Ladislaus.eth.
Today, validating a block requires re-executing every transaction, which takes more time and resources as the network grows.
ZK proofs enable zkAttesters to verify a block almost instantly without storing the entire blockchain.
This is not just about speed. By lowering the hardware, storage, and bandwidth requirements, Ethereum becomes far more accessible.
Sponsored
Sponsored
Solo stakers and home validators can participate fully using regular consumer hardware. This keeps the network decentralized and true to the “don’t trust, verify” philosophy.
"Don't trust, verify" on consumer hardware.
That's the whole thesis. ZK proofs replacing re-execution means Ethereum can scale gas limits without pushing solo stakers out.
EIP-8025 being optional is the right move – upgrade paths that don't force forks are how you ship safely.
— The Book of Ethereum 📘 (@Bookof_Eth) February 9, 2026 Higher gas limits and faster execution can also be achieved without pushing smaller participants out of the system.
EIP-8025 emphasizes flexibility and security. Proofs from multiple clients are shared across the network, and validators accept a block once enough independent proofs have been verified (currently proposed to be three out of five).
This approach preserves diversity among client software while keeping the network safe, inclusive, and resistant to centralization.
Sponsored
Sponsored
Institutional Momentum and Tomorrow’s Workshop Signal a New Era for Ethereum ValidationThe timing could not be more relevant. Ethereum’s institutional adoption is surging in 2026, with Fidelity Digital Assets, Morgan Stanley, Grayscale, BlackRock, and Standard Chartered actively building or investing in the network.
“2026 is off to a fast start on Ethereum…One month in. Should be a fun year,” remarked David Walsh, head of enterprise at the Ethereum Foundation.
Tokenized assets, stablecoins, and staking products continue to expand, while projects like the Glamsterdam hard fork (featuring enshrined proposer-builder separation, ePBS) support the practical implementation of ZK proof generation on L1.
L1-zkEVM development also benefits Layer 2 rollups and zkVM vendors such as ZisK, openVM, and RISC Zero, who are already proving Ethereum blocks today. Standardizing the execution witness and ZK VM APIs creates shared infrastructure, enabling both L1 validators and L2 protocols to leverage the same proofs.
The February 11 workshop will cover six core sub-themes:
Sponsored
Sponsored
Execution witness and guest program standardization zkVM-guest API standardization Consensus layer integration Prover infrastructure Benchmarking, and Formal verification for security. It marks the official kickoff of Ethereum’s 2026 roadmap to make block validation optional, proof-driven, and far more efficient.
If adoption grows, EIP-8025 could make full-verifying nodes viable on laptops again and scale Ethereum’s base layer without sacrificing decentralization or security.
For validators, developers, and users alike, this may be the moment Ethereum’s block validation truly enters a new era.
Tomorrow’s L1-zkEVM workshop promises a first glimpse at what could become Ethereum’s most transformative architectural leap since The Merge.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2026-02-10 11:091mo ago
2026-02-10 05:131mo ago
XRP News: Ripple Taps Zand Bank to Boost RLUSD Stablecoin Use in UAE
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Ripple, issuer of XRP, has announced that they are adding to their existing agreement with Zand Bank as it aims to increase the usage of their RLUSD stablecoin. The initiative will also support the use of the Bank’s stablecoin, AEDZ.
XRP News: Ripple to Increase RLUSD Support in UAE Ripple said in a press release that it had expanded its partnership with Zand Bank in order to expand the use of its RLUSD stablecoin. This step is meant to mark the beginning of the phase that will see the two stablecoins connect.
The announcement was also made by Reece Merrick, managing director, who handles Ripple operations within the Middle East and Africa regions. He mentioned that they are planning to explore a number of projects that will incorporate two types of stablecoins as part of their new partnership.
Last year @Ripple agreed a payments partnership with UAE bank @Official_Zand
We’re now extending this partnership to explore a range of initiatives, from enabling support for Ripple’s RLUSD stablecoin within Zand’s regulated digital asset custody, to direct liquidity solutions… https://t.co/4o7nZ0z9oM
— Reece Merrick (@reece_merrick) February 10, 2026
The XRP issuer had entered into a partnership with Zand Bank initially in 2025. Through the deal, it attempted to make cross-border payments through the use of blockchain technology. They looked to ease settlements, thus reducing transactional costs.
Furthermore, in late 2025, Zand Bank also developed a stablecoin called AEDZ, which is backed by the UAE Dirham and is intended for public blockchains. This is also said to be among the very first regulated stablecoins that use the AED currency.
Michael Chan, the CEO of Zand, shared his enthusiasm regarding this new partnership with Ripple. He also highlighted what this means for the adoption of stablecoins and XRP transactions.
“Our partnership with Ripple represents a significant step forward in the growth of the digital asset ecosystem, and has the potential to revolutionize how both governments and businesses engage with trusted blockchain solutions in the UAE.”
RLUSD Sees Further Use Cases in World Economy The Ripple stablecoin has continued to see adoption across the digital economy space across different regions. In November last year, RLUSD gained official recognition as an Accepted Fiat Referenced Token in Abu Dhabi. This was approved by the Financial Services Regulatory Authority (FRSA) of the Global Market in Abu Dhabi. This followed its securing of a DFSA license in the region.
Also, the XRP issuer recently got a boost after the U.S. CFTC expanded its list of eligible tokenized collateral on the regulated futures markets. This means its stablecoin can now fall under the definitions of what the CFTC regards as a payment stablecoin that is eligible collateral for use on the derivatives markets.
Meanwhile, in other developments in its ecosystem, the firm recently expanded custody services for its clients. They added Solana and Ethereum staking capabilities for institutions on their platform.
2026-02-10 11:091mo ago
2026-02-10 05:141mo ago
Who's Really Selling Bitcoin? Bitwise CIO Reveals What ETF Flows Show
Bitcoin is down over 45% from its October 2025 peak, spot crypto fund AUM has dropped to $130 billion, and roughly 40% of spot Bitcoin ETF holders would need a 50% recovery just to break even.
But according to Bitwise CIO Matt Hougan and GraniteShares CEO Will Rhind in a recent CNBC interview, the people selling are not who most expect.
ETF Investors Are Not Driving the Bitcoin Sell-OffNet outflows from Bitcoin ETFs have been roughly $7 billion, a small number compared to total AUM. Most of the decline comes from price drops, not redemptions.
The primary sellers are long-term, original crypto holders who built positions over 15 years and are now trimming. On the other side, financial advisor channels have been buying the dip.
Hedge funds and short-term traders within the same ETFs are the ones creating outflows, which masks the advisor-side buying entirely.
Hougan described it as two different markets inside the same product: fast money trading the next month versus long-term allocators investing over 4-5 years.
Gold Puts Pressure on BitcoinGold breaking past $5,000 an ounce while Bitcoin falls has made things harder for crypto investors.
Rhind addressed it:
“It’s tough to be a Bitcoin investor or crypto investor right now when you look at the price of gold going through $5,000 an ounce… the precious metals thing has really caught crypto investors sort of off guard. This is not supposed to happen.”
This Bitcoin Bear Market Looks DifferentIn past bear markets, Bitcoin retraced 77-85%. This time, the drawdown sits at around 50-52%. Hougan said ETF-based long-term holders may be the reason for the shallower drop, acting as a price floor even if they have not prevented major losses.
Outflows have also slowed to just under $200 million despite heavy price pressure, which has historically signaled a possible turning point.
Wall Street Firms Open Doors to CryptoAll four major firms, Morgan Stanley, Merrill Lynch, Wells Fargo, and UBS, now allow exposure to crypto products. Morgan Stanley has filed to launch its own spot Bitcoin ETF after clearing its roughly 15,000 financial advisors to pitch existing products.
Hougan said a sharp recovery is unlikely.
“Usually these bear markets sort of die in exhaustion, not excitement. I would expect it to sort of bottom out slowly and then things like Morgan Stanley going all in on Bitcoin will be part of what accelerates us when we’re on the upside,” he said.
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2026-02-10 11:091mo ago
2026-02-10 05:161mo ago
Bitcoin steadies as ETF outflows flag U.S. selling pressure
U.S. selling and liquidity rotation drive Bitcoin’s price discovery phaseAccording to Wintermute, the AI sector is siphoning off crypto-market-liquidity/”>market liquidity while persistent U.S. selling pressure dominates, placing Bitcoin in a high‑volatility price discovery phase. The firm’s framing suggests flows, not headlines, are setting the tone, with U.S. activity exerting outsized influence on spot pricing and depth.
When capital rotates toward AI and equities, crypto bid depth thins and rallies rely on narrower pools of demand. In the U.S., ETF outflows and a negative Coinbase premium point to softer domestic spot appetite, raising the odds of abrupt range breaks as liquidity thins.
Why U.S. selling and Bitcoin ETF outflows matterU.S. spot Bitcoin ETFs translate share redemptions into underlying sell flow, making outflows a direct headwind for spot price formation. As reported by Bloomberg, multi‑billion‑dollar outflows have occurred at record pace in risk‑off stretches; the outlet cited more than $3.3 billion withdrawn in a single month and a $5.5 billion five‑week run in prior episodes, underscoring how quickly this channel can flip.
A negative Coinbase premium implies U.S. prices clearing below offshore venues, a classic sign of domestic selling. Combined with ETF redemptions, these signals help explain why upside follow‑through can fade when U.S. demand weakens.
Liquidity rotation into AI and equities concentrates what remains in Bitcoin and Ethereum while starving altcoins of incremental buyers. Market breadth narrows, and single catalysts can trigger outsized moves as resting liquidity steps back.
A negative Coinbase premium indicates U.S. offers are capping spot rebounds, especially during ETF redemption windows. Concurrently, derivatives activity consistent with deleveraging keeps implied volatility elevated, a hallmark of ongoing price discovery rather than trend completion.
At the time of this writing, Bitcoin trades near $69,152, and measured volatility is very high around 10.62%. This context aligns with a market adapting to thinner liquidity and shifting cross‑asset flows.
Signals and institutional context to watchETF net flows and the Coinbase premium turning positiveA decisive improvement in U.S. ETF net flows would remove a structural headwind and bolster spot liquidity. Sustained inflows would also broaden participation beyond short‑term dip‑buyers, improving the quality of bids.
A persistent move of the Coinbase premium back into positive territory would confirm the return of U.S. demand. In combination with ETF inflows, that shift would reduce the frequency of failed rallies and lower the probability of sharp downside breaks.
Derivatives signals and JPMorgan’s post‑deleveraging viewDerivative markets can validate stabilization: balanced funding, normalized basis, and options skew shifting from fear to neutral would indicate healthier positioning. Elevated implied volatility during cleansing phases typically reflects uncertainty rather than structural impairment.
Institutional research characterizes recent deleveraging as a reset that can improve forward risk‑taking on a volatility‑adjusted basis. That lens situates spot softness within a healthier leverage profile rather than a structural breakdown.
“After major deleveraging, Bitcoin looks more attractive than gold on a volatility‑adjusted basis,” said JPMorgan analysts.
FAQ about Bitcoin ETF outflowsWhat does a negative Coinbase premium indicate about U.S. demand for BTC?It shows U.S. spot prices trade below offshore venues, signaling net domestic selling and weaker U.S. bid depth.
Is Bitcoin entering a high-volatility price discovery phase and what signals confirm it?Yes, recent analysis highlights elevated implied volatility, U.S. ETF outflows, and a persistent negative Coinbase premium as confirmation.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
2026-02-10 11:091mo ago
2026-02-10 05:251mo ago
Ripple expands Zand Bank partnership to integrate RLUSD and AEDZ on XRPL
Ripple has expanded its relationship with UAE digital lender Zand Bank, connecting Zand’s dirham-backed token, AEDZ, with Ripple’s US dollar stablecoin, RLUSD, on the XRP Ledger.
According to a press statement published on Tuesday, Ripple and Zand Bank said the new initiative will support the adoption of digital asset infrastructure in the United Arab Emirates. The arrangement builds on an earlier payment collaboration between the companies signed in May last year.
The two financial firms will purportedly explore enabling RLUSD within Zand’s regulated digital asset custody framework. They will also assess direct liquidity channels between AEDZ and RLUSD, including issuing AEDZ on the XRP Ledger.
Ripple and AEDZ to use XRPL in the UAE-regulated environment According to Zand Bank’s press release, the partners are seeking to integrate regulated digital money into a banking structure that operates under UAE oversight. Zand is an AI- and blockchain-powered bank based in the Emirates.
“Leveraging stablecoins, blockchain technology, and tokenization can unlock powerful new use cases as traditional finance moves on-chain,” the Emirati-based bank’s official X account wrote.
AEDZ is the UAE’s first regulated, multi-chain stablecoin pegged to the dirham on public blockchains, and is backed one-to-one with reserves denominated in the UAE currency. Zand reiterated that the token uses independently audited smart contracts and regular reserve attestations.
Zand and @Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, are partnering to help advance and support the digital economy, with innovative solutions powered by the Zand AED (AEDZ) stablecoin and Ripple’s USD (RLUSD)… pic.twitter.com/8JXqjJgmTw
— Zand (@Official_Zand) February 10, 2026
The companies said the objective is to allow regulated institutions to use both currencies inside a compliant digital framework, on Ripple’s blockchain network. The focus includes custody, liquidity, and issuance mechanics under supervisory standards.
The UAE has included stablecoins as part of its Digital Economy Strategy, a program that aims to double the digital economy’s share of non-oil GDP by 2032. Market projections cited by the firms suggest the global stablecoin sector could grow to $4 trillion in the coming years. According to CoinGecko data, RLUSD has a current market capitalization of $1.5 billion.
“Our partnership with Ripple represents a significant step forward in the growth of the digital asset ecosystem, and has the potential to revolutionize how both governments and businesses engage with trusted blockchain solutions in the UAE.”
Zand’s chief executive, Michael Chan.
Ripple’s Middle East managing director, Reece Merrick, believes the two entities will provide the UAE with the most secure, transparent, and efficient blockchain-backed financial system.
“Our expanded partnership with Zand underscores our commitment to the UAE’s pioneering digital economy. We look forward to driving the adoption of stablecoins and tokenized assets in the region, creating a robust foundation for the next generation of financial services.”
Reece Merrick.
Ripple builds up custodial rights with Securosys collab The Zand announcement came alongside an update from Ripple on Monday, in which the company revealed a set of custody-focused collaborations. As reported by Cryptopolitan, Ripple has joined forces with Swiss-based cybersecurity platform Securosys and staking service provider Figment.
The RLUSD-issuer said the combined effort is meant to simplify procurement and shorten deployment timelines for institutions handling digital assets, with the help of hardware security modules, or HSMs.
“Institutions need cohesive systems in order to make the most of digital asset capabilities … We’re removing the friction of managing complex tech stacks and enabling our customers to go live faster and scale with confidence.”
Aaron Slettehaugh, Ripple SVP of Product.
The blockchain company now offers CyberVault HSM and CloudHSM capabilities from Securosys, which can be deployed on-premises or in the cloud. This will allow institutions to secure cryptographic keys without extended procurement processes or complex integrations.
Speaking on the partnership with Ripple, Securosys chief executive officer Robert Rogenmoser said: “Institutions require absolute confidence in how cryptographic keys are secured and managed. By integrating our CyberVault HSM with Ripple Custody, institutions gain an out-of-the-box, enterprise-grade solution that can be deployed quickly, without added complexity, while retaining full control over their cryptographic keys.”
2026-02-10 11:091mo ago
2026-02-10 05:301mo ago
Bitcoin ETFs Show Signs Of Life As Institutional Flows Improve
US spot Bitcoin ETFs showed tentative signs of stabilization after inflows resumed late last week and into Monday.
Danielle du Toit2 min read
10 February 2026, 10:30 AM
Analysts say the slowing pace of redemptions could be an early inflection point in institutional demand. Some also argue that long-term Bitcoin holders are largely committed, suggesting that the recent selling reflects profit-taking rather than a loss of conviction.
Bitcoin ETF Inflows Pick UpUS spot Bitcoin exchange-traded funds (ETFs) showed early signs of stabilization after weeks of sustained selling, as inflows picked up at the end of last week and into Monday. The ETFs attracted $371 million in net inflows on Friday, followed by another $145 million on Monday. This happened as Bitcoin hovered close to the $70,000 level.
Bitcoin ETF flows (Source: Farside Investors)
While these gains have not yet offset last week’s outflows or the roughly $1.9 billion in redemptions that were recorded year-to-date, analysts say the slowing pace of losses could signal a potential turning point for institutional crypto investment products.
According to CoinShares, total outflows across crypto funds slowed sharply to $187 million despite continued price pressure. This pattern has historically preceded market inflection points.
CoinShares head of research James Butterfill said the deceleration in flows suggests that selling pressure may be easing, even though the broader market sentiment is still a bit cautious. Analysts at Bernstein eleven characterized the recent pullback as the “weakest bear case” in Bitcoin’s history due to the absence of major industry failures that typically accompany deeper downturns.
Concerns that Bitcoin’s growing institutionalization through ETFs could alienate early adopters have also been overstated, according to Bitwise. Chief investment officer Matt Hougan said long-time Bitcoin holders have largely stayed invested, even as ETFs experienced heavy redemptions during the latest sell-off. While some early investors have taken partial profits after outsized gains, Hougan pointed out that most continue to hold their positions and are now being joined by new institutional buyers.
In line with the modest rebound in Bitcoin ETFs, spot altcoin ETFs also saw inflows on Monday, with Ethereum and XRP products attracting $57 million and $6.3 million respectively.
ENRICH your inbox with our best storiesDon’t miss out and join our newsletter to get the latest,
well-curated news from the crypto world!
Danielle du Toit, a criminology honors graduate, has channeled her curiosity and analytical mindset into exploring the fascinating and ever-evolving world of cryptocurrency. Drawn to the dynamic nature of blockchain technology and its impact on global markets, Danielle thrives on uncovering insights in this complex industry. As a crypto journalist, Danielle is passionate about learning and sharing her knowledge with fellow enthusiasts. Her work combines a keen investigative eye with a love for storytelling, making even the most intricate aspects of crypto accessible and engaging. Through her writing, Danielle aims to inspire readers to delve deeper into the weird and wonderful realm of digital finance.
With its price down by 31% during the past week, and crashing by 21% on Feb. 5 alone, XRP (XRP +2.90%) is obviously getting hit incredibly hard, along with everything else in the crypto sector at the moment.
Is this still one of the best fintech coins to buy, or is it wiser to hold off for now?
Image source: Getty Images.
Why the price is going down Despite its abysmal price performance, investors can take heart in the fact that nothing is wrong with XRP itself, nor is its blockchain malfunctioning, nor is there any serious problem with its issuer, Ripple.
Its price is getting hammered as a result of some intense crypto market malaise, which has itself coincided with an incredibly chaotic market that now appears to be turning over as investors pull back from some of the winning trades of the past 12 months, specifically AI stocks and precious metals like gold. Geopolitical and macroeconomic problems are likely making this downturn a bit worse and more widespread than it might be otherwise, but again, cryptocurrencies were in poor condition even before this.
Today's Change
(
2.90
%) $
0.04
Current Price
$
1.42
So, in other words, cryptos with perfectly fine long-term narratives, including XRP, are getting crushed as investors avoid riskier assets across the board. But that doesn't make XRP's investment thesis invalid.
Patience is the best course of action The bullish case for XRP is still intact, and it's as strong as ever.
In short, Ripple, the company that created XRP, is building the XRP Ledger (XRPL) to market it as a platform and tool for financial institutions by making it a highly efficient and low-cost piece of plumbing for institutional users. The idea is that by making an integrated system where users can manage their on-chain capital, access liquidity, hold their crypto in custody, and park their collateral for use in leveraged trading, the XRPL will be an obvious place to do business. And, when users want to take any action that touches the XRPL, they will need to fund accounts with XRP and spend XRP, thereby encouraging its price to rise as they purchase it.
As good as it sounds, nothing in the bull thesis guarantees that the next few weeks will be kind for holders. If macro sentiment continues to worsen, XRP can and probably will fall further, even as its product narrative continues to improve.
If seeing your investment underwater in the near term would push you into panic selling, definitely wait out the storm before buying.
On the other hand, even if you're a more risk-tolerant investor, recognize that the conditions are very poor now -- there probably isn't much to lose by holding off on your purchases for a little while. The long-term picture for this asset is still quite good, but you have a much higher chance of being able to hold it for long enough if you accept that your own psychology might end up fighting you along the way if you buy the coin right now.
2026-02-10 11:091mo ago
2026-02-10 05:301mo ago
Important Bitcoin Macro Cycle Durations You Should Know About
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
A crypto analyst argues that Bitcoin (BTC) price history reveals a consistent macro cycle pattern characterized by long bull markets followed by shorter bear markets. This repeating structure has appeared across multiple market cycles and is now being used to frame expectations for Bitcoin’s current and future price movements.
Bitcoin Macro Cycles Reveal Recurrent Pattern Bitcoin’s macro cycles have often served as a historical blueprint for a typical 4-year cycle. Over the years, BTC has formed key patterns and cyclical movements that serve as a foundation for interpreting current market conditions and, to some degree, tracking future price action. Against this backdrop, pseudonymous crypto analyst Rekt Fencer has unveiled a chart analysis, highlighting historical Bitcoin macro durations that reveal a consistent repeating structure that could help anticipate the cryptocurrency’s next major move.
Rekt Fencer’s analysis dates back to the 2015-2017 bull cycle, when Bitcoin experienced its first major expansion phase, driven by global awareness and growing participation among early investors. The chart showed prices accelerating steadily over 1,064 days from January 12, 2015, before reaching a euphoric peak on December 11, 2017. Bitcoin had risen from roughly $160 to over $12,500 at the time, setting the stage for the market’s first large-scale bear trend.
The 2017- 2018 bear market reflected the aftermath of speculative excess, as investor sentiment shifted rapidly from optimism to caution. Over roughly 364 days, Bitcoin retraced much of its gains, dropping below $3,950 and hitting a bottom.
Source: Chart from Rekt Fencer on X During the 2018 to 2021 bull cycle, Bitcoin experienced a more mature, institutionally driven rally lasting approximately 1,064 days. This period saw the leading cryptocurrency gain mainstream financial recognition and widespread adoption. The hype during this cycle had pushed BTC’s price from under $3,950 on December 10, 2018, to a former ATH of over $60,000 on 8, November 2021.
The bear market that followed this cycle lasted approximately 364 days, from November 8, 2021, to November 7, 2022. This downturn followed a series of high-profile crypto company failures and a shift in sentiment that led to Bitcoin declining below $18,500 from its ATH.
The major factor that stands out in Rekt Fencer’s analysis is the consistency in the duration of Bitcoin’s market phases. Each bull cycle ran for 1,064 days, followed by a 364-day correction. Building on this pattern, the analyst suggests that the current cycle may unfold along a similar timeline.
Where The Market Is In The Current Cycle Based on Rekt Fencer’s chart, the 2022 to 2025 bull cycle has officially ended and is now in its bear market phase. The cycle also lasted 1,064 days, with the BTC price crossing $126,000 on October 6, 2025. Now that the cryptocurrency is in a bear market, Rekt Fencer predicts it could also run for 364 days from October 6, 2025, to October 5, 2026. During that time, BTC is projected to reach a bottom near $38,500, marking a roughly 40% decline from current levels above $69,000.
BTC trading at $68,785 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured Image from Getty Images, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2026-02-10 11:091mo ago
2026-02-10 05:301mo ago
Cardano Founder Reveals Leios Solves The Blockchain Trilemma
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Cardano is preparing a layer-1 upgrade it says will push mainnet throughput from roughly 10–15 transactions per second to hundreds, while keeping the network’s decentralization and security profile intact. At a Tokyo community event on the Midnight Japan Tour, Input Output’s Michael Smolenski and Cardano founder Charles Hoskinson framed Ouroboros Leios as both a scaling step and a broader consensus breakthrough.
Smolenski, Cardano Core product manager at Input Output, told attendees Leios is “an upgrade to layer 1 to make Cardano faster,” with active development underway and a target release “this year in 2026.” He described the current throughput ceiling as suitable for proving out Ouroboros’ design, but insufficient for the next phase of adoption and for the economics of stake pool operators (SPOs).
Cardano’s Leios Eyes 50x Speed Boost In 2026 “Up until now the speed of the network has been around […] 10 to 15 transactions per second,” Smolenski said. “But now we need to move on to higher transaction throughput in order to compete and drive further adoption. Another factor, SPOs, they in the long term need to support the cost of their operations from transaction fees instead of from block rewards […] they need to see network usage of around 50 transactions per second.”
The initial Leios mainnet release is pitched as a “50 times improvement,” with Smolenski translating that into an early move from roughly 10 TPS to around 500 TPS. Rather than sticking to transactions-per-second as the headline metric, he emphasized “transaction kilobytes per second” to account for varied transaction sizes, calling out a target of “300 transaction kilobytes per second” and a confirmation window “between 20 to 80 seconds,” based on prototype results.
Smolenski described Leios as Cardano’s “next generation consensus protocol,” built around additional block types. “There’s a new block. It’s called an endorser block,” he said, adding that existing blocks would be referred to as “ranking blocks.” The practical consequence, in his telling, is the ability to “pack a whole lot more transactions” by bundling them into endorser blocks, alongside other prioritization mechanics he did not detail on stage.
He also stressed that scaling will be incremental to avoid overburdening node operators. The team plans to demonstrate higher throughput in steps, first targeting 500 TPS on mainnet, then proving 1,000 TPS in the near term, with an eventual ambition of 10,000 TPS. “We can’t just go from where we are […] and go up to 10,000 transactions per second because this needs to be done in a strategic manner,” Smolenski said, repeatedly pointing to the need to “bring the SPOs along with us.”
On timeline, he said a first public Leios testnet is targeted “at the end of Q2 this year,” ahead of a mainnet hard fork.
Hoskinson: ‘Not Just TPS’ But The Trilemma Hoskinson widened the frame, positioning Leios as the culmination of a decade-long research and engineering pipeline. “Ouroboros Leios didn’t begin in 2026 […] Leios actually began in 2016, 10 years ago,” he said, describing “more than two dozen papers,” “dozens of protocols,” and contributions spanning “more than 15 engineering firms” and “168 scientists over a 10-year period.”
“Why Leios is special is it’s not TPS,” Hoskinson said. “It’s actually a resolution of the hardest problem in consensus and blockchain, the blockchain trilemma […] you have decentralization, you have security, and you have scalability […] we’re told you can only pick two.” He then made the core claim: “This protocol is decentralized, secure, and fast.”
Notably, Ethereum co-founder Vitalik Buterin also said the blockchain trilemma has effectively been solved, comments he made just a few weeks ago.
Hoskinson also argued the design is engineered to degrade safely. “If the protocol fails, the protocol fails to what we have today. It collapses to Ouroboros Praos,” he said, referencing a prior network incident he characterized as a soft fork in which “Cardano split into two networks” and later “came back together by itself.”
In the same remarks, Hoskinson repeatedly returned to governance capacity as the longer-horizon advantage, suggesting pure technical differentiation is transient. He pointed to Cardano’s on-chain governance and treasury — “a billion dollars in it […] that you control […] the ADA holders,” he said — as the mechanism to fund upgrades and coordinate change over time.
At press time, ADA traded at $0.2638.
ADA hovers above key support, 1-week chart | Source: ADAUSDT on TradingView.com Featured image from YouTube, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2026-02-10 11:091mo ago
2026-02-10 05:391mo ago
Which way for SUI crypto? This pattern signals a possible breakdown
SUI crypto has been under growing pressure in recent weeks as price action continues to reflect a weakening market structure.
After a brief bounce at the beginning of February, the cryptocurrency failed to sustain momentum above the key resistance zone around the psychologically important $1.02 level, which has since become a defining point for the current trend.
From that point onward, SUI began printing a sequence of lower highs and lower lows.
This pattern is widely viewed by traders as a textbook bearish structure.
SUI crypto chart | Source: CoingeckoLower highs indicate sellers are stepping in earlier on each rally, while lower lows confirm that buyers are struggling to defend previous support levels.
Together, these signals suggest that bearish control remains intact.
But despite this weakness, SUI has not moved aggressively lower in recent sessions.
Instead, price action has compressed into a narrow range.
This period of sideways movement may appear neutral at first glance, but when consolidation forms within a downtrend, it often carries a bearish implication.
Such consolidation phases are frequently interpreted as distribution rather than accumulation.
This means large participants may be selling into short-term strength rather than preparing for a sustained recovery.
SUI crypto is currently trading around $0.94 after posting notable losses across multiple timeframes.
Over the past week, the token has declined nearly 18%, while monthly and yearly performance remains deeply negative at 48% and 69% declines, respectively.
Bearish structure keeps pressure on SUI Copy link to section
The rejection at $1.02 was not just another failed rally.
It marked the continuation of a broader bearish trend that has persisted for weeks.
Each attempt to recover since then has resulted in a lower peak.
This shows that bullish momentum has been steadily fading.
Even short-term rebounds have failed to change the overall structure.
As long as the price remains capped below prior highs, the bearish narrative stays valid.
Consolidation under resistance often acts as a pause before the next directional move.
In downtrends, that move frequently resolves to the downside.
This is why traders are treating the current range with caution rather than optimism.
A breakdown from consolidation would confirm that sellers remain firmly in control.
Such a move could accelerate losses as stop orders are triggered below support.
SUI crypto price forecast Copy link to section
According to analysts, the most important level traders are watching is $0.9171.
This price level acts as both a key support and a pivotal decision point for the trend.
As long as SUI holds above $0.9171, a relief move remains technically possible.
A successful defence of this level could allow price to push toward the first major resistance at $1.28.
If bullish momentum strengthens and $1.28 is broken, the next upside target sits near $1.64.
Beyond that, the third resistance level to watch is $1.97.
However, these upside scenarios depend entirely on a shift in the broader crypto market structure.
Without a break in the pattern of lower highs, rallies may remain corrective.
On the downside, a failure to hold $0.9171 would be a significant bearish signal.
Such a breakdown could open the door for a deeper move toward the next major support at $0.7271.
That level would likely act as a critical test for longer-term buyers.
Until clarity emerges, SUI crypto remains in a fragile position.
The coming trading sessions may determine whether consolidation turns into recovery or confirms a broader breakdown.
2026-02-10 11:091mo ago
2026-02-10 05:411mo ago
JPMorgan Sees Bitcoin Hitting $266K, Beating Gold Long-Term
JPMorgan just dropped a bombshell. The Wall Street giant thinks Bitcoin could hit $266,000 and basically crush gold as the go-to store of value over the long haul.
The bank’s February 6 report paints a pretty wild picture for crypto’s biggest name. Bitcoin’s been all over the map lately, bouncing around like a pinball with all the macro stuff and regulatory noise hitting markets. But JPMorgan’s analysts see something bigger brewing here. They’re betting that Bitcoin’s appeal as a wealth protector will grow massively over time, even though the short-term ride stays bumpy as hell. The digital asset keeps fighting through price swings that would make most investors dizzy, yet institutional money keeps flowing in anyway.
Gold’s reign looks shaky.
Bitcoin’s finite supply cap of 21 million coins creates the same scarcity dynamic that made gold valuable for thousands of years. And major firms can’t stop adding crypto to their playbooks these days. JPMorgan sees Bitcoin challenging gold’s traditional safe-haven status in a big way. The bank’s report argues that growing institutional adoption plus that hard supply limit positions Bitcoin as gold’s main rival for wealth preservation going forward.
Regulatory headaches still loom large though. Crypto faces a patchwork of rules across different countries, and that uncertainty keeps markets on edge. JPMorgan admits stricter regulations could slam the brakes on Bitcoin adoption and mainstream integration. But they’re not backing down from their bullish long-term call despite these risks hanging over the space.
Bitcoin’s price path stays murky for now. The bank loves Bitcoin’s long-term story but won’t make bold short-term predictions. Market players keep wrestling with Bitcoin’s wild volatility – price swings that can move 10% or more in a single day remain pretty standard. That’s just how this market works.
A major shift in investor thinking might be starting. As Bitcoin gains more credibility, traditional assets like gold could see demand dry up. Investment strategies across the board might need major overhauls, with digital assets grabbing a much bigger slice of portfolios. JPMorgan thinks this transition could reshape how people think about storing wealth entirely. For more details, see Bitcoin Jumps 12% as Coinbase Premium.
The bank’s analysis stands out from the crowd right now. More investors are seriously weighing digital currencies against conventional assets these days. That growing interest shows how perceptions around financial stability and asset security keep evolving. Bitcoin’s not just some speculative toy anymore – it’s becoming a legitimate portfolio component for serious money.
Several factors will determine Bitcoin’s ultimate fate. Tech improvements, regulatory changes, and shifting market demands all play crucial roles in where this goes. Financial institutions are watching these moving pieces closely as they figure out Bitcoin’s real investment potential. Jamie Dimon, JPMorgan’s CEO, famously called Bitcoin a fraud years ago, but the bank’s latest stance shows a more nuanced view emerging.
Some analysts still pump the brakes on crypto enthusiasm. Volatility concerns and regulatory risks haven’t disappeared, and investors need to weigh these factors carefully when considering Bitcoin allocations. The asset’s track record includes massive bull runs followed by brutal bear markets that wiped out fortunes.
Institutional involvement keeps accelerating anyway. Bitcoin’s popularity among big-money players highlights this trend perfectly. Their participation could drive even more adoption and acceptance in mainstream finance circles. Central bank policies also factor into Bitcoin’s valuation equation – when the Federal Reserve and other central banks navigate economic challenges, their moves indirectly affect crypto sentiment.
JPMorgan’s report suggests a fundamental paradigm shift coming. If Bitcoin actually eclipses gold, traditional asset allocations would change dramatically. The global financial landscape could look completely different in a decade or two. For more details, see Bitcoin Analysts Hold 0K Target Despite.
The report doesn’t spell out a timeline for reaching that $266,000 target though. Specific market conditions that would trigger such massive growth also remain unclear. These gaps leave plenty of room for debate among financial experts who question the methodology behind such bold predictions.
Bitcoin currently trades around $38,000 as of February 2026, sitting in a consolidation phase after recent highs and lows. Investors keep scanning for signals that could spark the next major move. JPMorgan’s long-term target gives Bitcoin bulls something concrete to point toward when building their investment cases.
The bank didn’t reveal exactly how they calculated that $266,000 figure. Further details on their analysis methodology aren’t available either. Some transparency around their modeling would help investors better evaluate the prediction’s credibility.
Several major asset managers have already started repositioning their strategies around digital currencies. BlackRock’s Bitcoin ETF approval in 2024 marked a watershed moment, while Fidelity and Vanguard continue expanding their crypto offerings to institutional clients. These moves signal broader Wall Street acceptance that goes beyond JPMorgan’s analysis.
Gold mining companies are also taking notice of Bitcoin’s rising prominence. Barrick Gold and Newmont Corporation have both acknowledged digital assets as potential competitors in recent earnings calls, with some firms exploring blockchain integration into their operations to stay relevant.
LayerZero’s native token, ZRO, has emerged as one of the few bright spots in a sluggish crypto environment, registering notable gains even as major assets like Bitcoin and Ethereum lag under pressure. The token’s ability to appreciate alongside weak network activity and incoming supply dynamics has piqued the interest of traders and analysts alike, prompting a closer look at whether this surge reflects sustainable strength or simply short-term rotation among altcoins.
ZRO Price Structure Shows a Bullish Bias While Market CautiousZRO’s price structure supports the bullish narrative in the near-term. The token has reclaimed the $2 mark and surpassed key moving averages, with momentum indicators displaying momentum that outpaces the broader market trend. The price action has showcased an aggressive rebound, with both trend and oscillator signaling aligning to reflect diminishing downside pressure and an increased likelihood of continued upside.
With the start of 2026, the token has continued to attract buyers and has recovered over 60% from the demand zone of $1.20. This week, the price action reflects a follow-on-buying move and displays relative strength. If ZRO convincingly clears its prompt hurdle of $2.20, it may set sights on previous swing highs around $2.50, providing a roadmap for further gains. However, persistent weakness in on-chain usage metrics, such as active addresses and transaction counts, serves as a cautionary backdrop. This divergence between price action and network activity underscores that much of the recent strength has been market-driven rather than utility-borne.
Moreover, the Open Interest (OI) has risen over 32% to $122.20 Million, highlighting long buildup activity in the past 24 hours. If demand remains robust and OI continues to grow alongside price, the current uptrend could persist. Conversely, a failure to hold above $2, it may expose ZRO to correction risks, especially given its on-chain activity lag. For now, LayerZero stands out precisely because it is climbing when the broader market is struggling, a pattern that could draw further attention from selective capital searching for relative strength in an otherwise challenging environment.
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2026-02-10 11:091mo ago
2026-02-10 05:451mo ago
This On-Chain Pattern Broke XRP in 2022, And Now It's Back, Says Glassnode
XRP holders who bought at higher prices are now realizing losses, as Glassnode data shows the SOPR dropping below one for the first time since 2022. This signals panic-selling and a potential prolonged consolidation phase.
Cover image via U.Today According to new data from Glassnode, XRP holders are officially underwater again as the Spent Output Profit Ratio (SOPR) has fallen below 1.00 in the first net-loss realization event since 2022. Basically, a majority of on-chain transactions with XRP are now being executed at a loss, confirming widespread capitulation.
The current SOPR reading near 0.96 follows a sharp drop from 1.16 in July 2025, and analysts warn that it closely mirrors the 2021-2022 consolidation phase. Back then, SOPR remained below 1.00 for months, locking XRP into a stagnant range that only resolved after a prolonged period of accumulation.
Are XRP holders in trouble?Panic has returned to XRP market, and this time, it is baked into the blockchain itself. Glassnode data shows that XRP’s SOPR (Spent Output Profit Ratio), a key profitability gauge for on-chain transactions, has collapsed below 1.00 after months of decline, confirming that most XRP holders are now selling at a loss.
HOT Stories
Source: GlassnodeWhat triggered this? The move below the cost-basis line — where the average holder’s acquisition price was breached — acted as a psychological and structural breaking point. As Glassnode notes, "XRP lost its aggregate holder cost basis," which sparked a wave of capitulation. The price followed, dropping from above $3 in mid-2025 to under $1.50 at present, mirroring the severity of the SOPR drawdown.
You Might Also Like
The last time XRP experienced a comparable SOPR plunge was between September 2021 and May 2022, a phase marked by sideways grind, false bottoms and failed bounce attempts before eventual base formation.
Unless SOPR reclaims 1.00 swiftly, XRP may remain trapped in this sub-cost basis zone, forcing weak hands out and resetting the base for any eventual recovery attempt. For now, capitulation is no longer a theory — it is measurable, visible and priced in.
Aside from RAIN, the other notable gainers today are M and NEXO, while HYPE has lost over 5% of value.
Bitcoin’s price recovery attempts were once again halted at just over $70,000, and the asset now sits over a grand lower.
Most larger-cap altcoins have remained sluggish on a daily scale, aside from ZEC, which has jumped by 5.5%, and HYPE, which has dropped by over 5%.
BTC Stopped at $70K The primary cryptocurrency’s recent price movements raised a lot of questions about the state of the market. The asset stood at $90,000 on January 28 but plunged hard in the following week or so. In fact, the culmination, at least for now, took place last Friday morning when it dropped to $60,000 for the first time in well over a year.
This meant that BTC had lost $30,000 in the span of under 200 hours. After such a calamity, it was expected that there would be some sort of rebound, which took place immediately on Friday. In a matter of less than one trading day, the cryptocurrency surged by $12,000 and tapped $72,000 by Saturday morning.
However, it couldn’t proceed further and slipped below $70,000, where it spent most of the weekend. It tried to initiate another leg up on Monday but was stopped on a couple of occasions at $71,000 and $72,000. It has declined slightly since that local peak and now sits at $69,000.
Its market cap has declined to $1.380 trillion on CG, while its dominance over the alts stands firm at 57%.
BTCUSD Feb 10. Source: TradingView RAIN Keeps Going Ethereum continues to fight to stay above $2,000 after a minor daily decline. TRX has slipped by a similar percentage as well. In contrast, XRP has jumped above $1.40 after a 3% increase. BNB, SOL, BCH, and ADA are also in the green, led by ZEC’s impressive 6% surge to $242.
HYPE, on the other hand, has dropped by 5.5% daily and now struggles below $30. RAIN has taken the main stage in terms of daily gains, having soared by almost 20% to well over $0.01. The other notable gainers now are NEXO, ASTER, and M.
The total crypto market cap has remained relatively still since yesterday at just over $2.420 trillion on CG.
Cryptocurrency Market Overview Daily Feb 10. Source: QuantifyCrypto
2026-02-10 11:091mo ago
2026-02-10 05:471mo ago
Bitcoin Technical Analysis February 10: $69,000 Defense in Play – Bottom Forming vs. Gold/Stocks?
The Bitcoin bulls are fighting to cling on to the major $69,000 horizontal support level. With this level as the top of the 2021 bull market, holding it will be crucial. At the same time as Bitcoin potentially forms a bottom against USD, BTC is also possibly finding bottoms against other major assets. Is this a further sign of a possible reversal to the upside?
Sideways consolidation after major bounce
Source: TradingView
Looking at $BTC against USD in the short-term time frame it can be seen that the price is chopping sideways after the last big bounce. After such a strong upside move the price did need to consolidate, and that certainly looks to be what it’s doing.
Extending the trendlines out from the bottom of the falling wedge it can be noted that the price is holding one of these trendlines as resistance, with the Fibonacci 0.382 level also providing a barrier to further upside movement.
What does need to be borne in mind is that there is a CME gap that would likely be filled at around $84,500. Therefore, this would entail $BTC moving up past the 0.786 Fibonacci level, which is around this price.
Indicator reaches low last recorded at Covid crash
Source: TradingView
The daily chart highlights how the $BTC price broke out of the falling wedge but then crashed out of a bear flag and even broke down beneath the major support level.
Fortunately for the bulls, they were able to push the price back above the crucial $69,000 level, and now the price is consolidating there. If there is to be perhaps one more big flush downwards, the $53,000 support level could be where the price goes to.
That said, the Relative Strength Index shows the indicator recently rising from a severely oversold level. The last time this level was reached was in the depths of the Covid crash, so this is perhaps a pretty good signal that a bottom has also been reached this time.
Lowest RSI level on record for BTC against gold
Source: TradingView
Comparing the ratio of BTC to gold, one can see that it is currently at around 13 ounces - very low considering that the last high was above 41 ounces. While it looks like a good support level has been found, if one looks at the RSI in the weekly time frame, a level of 23.00 is the lowest on record.
Lowest low against AI chip manufacturers
Source: TradingView
The ratio of BTC to the SMH is also enlightening. The SMH is the ETF for the major chip manufacturers such as NVDA and AMD, aka the AI play. Here it can be noted that the ratio has come down to the major trendline, while there is the possibility perhaps of a bit more downside to the 0.786 Fibonacci level. Nevertheless, the RSI is also showing its lowest level in the history of this pairing.
Time for bravery and conviction?This isn’t just the case for a couple of assets, it’s the case more or less across the board of metals and stocks. Bitcoin has reached a bottom just about everywhere. If it goes much lower from here, could it be heading for zero? Many analysts would deny this possibility, so the only other option is that a bottom is either in or very close. Is this the time for bravery and conviction?
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2026-02-10 11:091mo ago
2026-02-10 05:491mo ago
South Korea escalates Bithumb probe after $43B Bitcoin overpayment
South Korea’s financial regulator has escalated its response to Bithumb’s massive bitcoin overpayment incident, launching an intensive inspection that could reshape oversight standards for domestic cryptocurrency exchanges.
According to local media reports, the Financial Supervisory Service upgraded what began as an on-site inspection into a formal investigation just days after the error came to light.
Officials said the decision reflected the severity of the incident and its potential to undermine confidence across the broader virtual asset market.
An FSS official told Yonhap News Agency that regulators are approaching the case with “utmost seriousness,” warning that any actions found to disrupt market order would face strict consequences.
Additional personnel have reportedly been deployed to support the inspection as authorities widen the scope of their review.
The probe centres on how Bithumb was able to distribute bitcoin volumes far exceeding its actual holdings.
Bithumb aidrops billions in Bitcoin Copy link to section
On Feb. 6, the exchange mistakenly credited 620,000 BTC, valued at about $43.1 billion, to hundreds of user accounts during a promotional campaign.
The error was attributed to a staff member entering the reward unit as BTC instead of Korean won.
Regulators are now scrutinising whether Bithumb’s internal systems failed to prevent the issuance of assets that did not exist.
As of the third quarter of last year, Bithumb held roughly 42,000 BTC, including 175 BTC on its own balance sheet, with total holdings estimated to have risen to about 46,000 BTC more recently.
The mistaken payout amounted to roughly 13 to 14 times that figure.
Authorities are also examining the exchange’s reliance on internal ledger-based transactions, a structure common among centralised exchanges where customer balances are adjusted internally without immediate on-chain settlement.
Officials are assessing whether this setup allowed the erroneous bitcoin balance to be generated and whether users could have withdrawn the full amount in a single event.
Bithumb has said it recovered 99.7% of the misallocated bitcoin and reclaimed 93% of the 1,788 BTC that users sold following the incident.
Around 125 BTC remains unrecovered.
The exchange pledged to compensate affected users at 110% of their losses after the BTC-KRW trading pair briefly plunged about 15% on its platform.
Bithumb also announced plans to tighten internal controls and establish a 100 billion won, or about $68 million, user protection fund to cover unexpected losses.
Bithumb incident sparks crypto regulatory push Copy link to section
Still, criticism has mounted as the episode exposed gaps in monitoring systems that should have flagged discrepancies between ledger balances and actual reserves.
Lawmakers from across the political spectrum have seized on the incident as evidence of deeper structural issues.
Opposition lawmaker Na Kyung-won warned that exchanges operating on internal accounting alone risk creating conditions similar to a bank run if customer trust erodes.
Meanwhile, People Power Party spokesperson Choi Bo-yoon described the operational standards of local exchanges as having reached a “failing grade.”
The ruling Democratic Party echoed those concerns, arguing that the error revealed “critical loopholes” in ledger management and internal oversight.
In the wake of the incident, the party renewed efforts to advance a proposal capping individual ownership stakes in crypto exchanges at 15% to 20%, a measure previously resisted by industry participants.
Financial authorities are now weighing whether the case constitutes a breach of the Virtual Asset User Protection Act, which requires exchanges to hold virtual assets of the same type and quantity as those entrusted by users.
The inspection findings are expected to feed directly into the second phase of South Korea’s digital asset legislation, including revisions to bookkeeping, custody, and internal control standards.
FSS Governor Lee Chan-jin said recently that failure to properly resolve the so-called “ghost bitcoin” issue raises serious questions about how virtual assets can be safely integrated into the formal financial system.
Regulators have also formed an emergency task force with the Korean Financial Intelligence Unit and the Digital Asset eXchange Alliance to review industry-wide practices and identify high-risk vulnerabilities.