Solana is showing signs of stress after months of sustained losses, growing outflows, and weakening price structure. Recent on-chain and market data suggest traders may be approaching a decisive moment. While price action remains fragile, historical patterns are drawing attention as selling pressure intensifies and long-term holders reposition.
Exchange Outflows Signal Stress, Not ConfidenceAccording to Ali Martinez, more than 1.07 million SOL left centralized exchanges over the last 72 hours. Such withdrawals often reflect fear-driven self-custody rather than fresh accumulation. Besides that, Santiment data shows Solana-focused ETFs recorded $11.9 million in net outflows. This marked the second-largest capital exit on record.
Source: X
Significantly, Solana has lost roughly 62% of its market value over four months. Consequently, market behavior now resembles late-stage drawdowns seen in previous cycles. Moreover, heavy ETF outflows often appear near exhaustion phases, when sellers dominate flows regardless of price.
At the time of writing, Solana trades near $87 with muted daily price movement. However, weekly losses remain steep. Hence, short-term stability does not yet signal recovery.
Price Structure Break Signals SOL Trend WeaknessAnalysis from CryptoJobs3 points to a confirmed loss of monthly support between $98 and $100. This region previously acted as a strong demand zone. However, repeated closes below it indicate fading bullish control.
Additionally, price rebounds have grown weaker and continue to stall near former resistance. This behavior reflects a broader downtrend rather than temporary volatility. The next major support rests near $78, which aligns with a long-term weekly demand area.
If price breaks below $78, analysts expect selling pressure to accelerate. Consequently, downside targets extend toward $70, then $60. Deeper historical demand exists near the $48 to $45 range, where buyers previously stepped in.
SOL Historical Fractals Point to a Possible InflectionAnother comparison draws attention to longer-term patterns. According to Galaxy, Solana shows a structure similar to late 2022. During that period, SOL based near $8 after an extended decline. Today, SOL trades between $85 and $90, resting on a long-term descending trendline.
Source: X
Significantly, weekly RSI now sits near 37, reflecting deep oversold conditions. A similar RSI compression preceded the 2022 reversal. Key supports remain at $80 and $65. A failure there risks a deeper sweep toward $55.
However, upside scenarios still exist. A reclaim of $120 would signal trendline recovery. That move could open paths toward $160 and eventually $220 to $260. Historically, such compression phases often precede sharp expansions.
2026-02-09 22:061mo ago
2026-02-09 16:321mo ago
Binance Issues Major Notice for Ripple (XRP) and Altcoin Users: What You Must Know
Binance announced changes to its Spot platform that will take effect on February 10, 2026. The company will add the pairs XRP/U, SUI/U, ASTER/U, and PAXG/U.
The United Stables (U) stablecoin, launched at the end of 2025, is pegged to the US dollar. All eligible users will have zero maker fees on XRP/U, SUI/U, and ASTER/U until further notice. VIP clients will also receive zero taker fees on these pairs.
The platform stated that certain users will not have access to the new pairs, including residents of the US, Canada, Iran, and the Netherlands. Along with the additions, Binance will remove 20 pairs that do not meet the company’s criteria, including BERA/BTC, ICP/ETH, KAITO/FDUSD, MANA/ETH, and ZRO/BTC. The removal does not prevent users from trading the base and quote tokens on other available pairs.
The listing and automated trading services for the new pairs will be active from February 10. XRP, SUI, and ASTER have posted declines, in line with the broader market’s downward trend.
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
2026-02-09 22:061mo ago
2026-02-09 16:331mo ago
Bithumb's $43 Billion Nightmare: The Day "Ghost Bitcoin" Flooded South Korea
On February 9, 2026, the global crypto community is still reeling from the details of a catastrophic technical error at Bithumb, South Korea’s leading digital asset platform.
Late last week, a systemic database glitch resulted in the erroneous "transfer" of 620,000 BTC to various user accounts. To put that in perspective, at current prices, the "ghost" Bitcoin was worth approximately $43.4 billion—a figure representing nearly 3% of the total Bitcoin supply.
The anatomy of the blunder The absurdity of the situation lies in the scale of the mismatch: while the exchange’s internal ledger credited users with over 600,000 coins, Bithumb’s actual on-chain reserves at the time were reported to be just 175 BTC. This was not an on-chain hack, but a massive failure of the internal accounting mechanism.
For a few hours, thousands of retail traders woke up to find themselves "billionaires" on paper. While the exchange quickly halted withdrawals and has reportedly recovered nearly 100% of the erroneous credits, the incident has sparked an intense investigation by South Korean regulators into the exchange's "proof of reserves" protocols.
Market contagion & sentiment This glitch couldn't have come at a worse time. It occurred just as Bitcoin (BTC) slid back below the $70,000 mark, fueled by the "Warsh Shock" (concerns over hawkish U.S. Fed leadership) and institutional outflows. The Bithumb scare added a layer of "existential dread" to the market, with the Fear & Greed Index plummeting to 14 (Extreme Fear).
As Coinidol.com reported the cryptocurrency has stalled above the $68,000 support level, but remains below the moving average lines. If bears break below the $68,000 support, Bitcoin could continue to fall towards its $53,000 bottom.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
2026-02-09 22:061mo ago
2026-02-09 16:351mo ago
U.Today Crypto Digest: Key Shiba Inu (SHIB) Metric Says Demand Is Back, Big XRP Reveal Expected This Week, Bitcoin (BTC) Hits 7,132% Bullish Liquidation Imbalance
Shiba Inu exchange flows flip bullish as price reboundsSHIB exchange netflow has turned extremely bullish as the leading meme token sees returning interest from investors.
Demand spike. After several days of persistent bearish signals, Shiba Inu (SHIB) is showing renewed demand as price action stages a sharp recovery.After multiple days of flashing consistent bearish signals, the Shiba Inu exchange flow is finally seeing demand return to the market as the price makes a massive comeback.
Following the recent volatility faced with the broad crypto market that saw leading cryptocurrencies, including Bitcoin and meme coins like Shiba Inu, plunge significantly in their trading prices, the market has finally regained momentum as Shiba Inu has made a huge comeback in its trading price.
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Institutional demand. SHIB’s price surge is being reinforced by strong buying interest from both retail and institutional participants.The massive increase in the Shiba Inu price has been accompanied with strong demand from retail and institutional investors as the asset’s exchange movements show that traders are more willing to buy the assets than dump them.
As of Saturday, Feb. 7, data from on-chain analytics platform CryptoQuant shows that Shiba Inu’s netflow across all supported cryptocurrency exchanges is currently sitting at -212,479,300,000 SHIB.
Thus, this suggests that investors have regained interest and optimism for SHIB and they are willing to buy more assets as broader sentiment turns bullish.
XRP Community Day 2026 set to spotlight major XRPL upgrades Big week arrives with XRP community set to gain insights on what's ahead in 2026.
XRP Community Day. XRP Ledger validator Vet is signaling a pivotal week ahead for the XRP community with XRP Community Day 2026.Vet, an XRP Ledger validator, signals a big week ahead for the XRP community. On February 11 and 12, XRP holders, builders, institutions, and Ripple leaders will come together for XRP Community Day 2026, a global, virtual event that will celebrate XRP's increasing utility, adoption, and real-world impact as well as the broader XRPL ecosystem.
Three live X Spaces are set to be hosted by Ripple, covering EMEA, Americas, and APAC regions. February 11 is specifically for EMEA & Americas ,while February 12 will host the APAC region. At the "XRP Features: What’s Live and What’s Next" segment of the event, Vet teases what to expect.
Growing XRP adoption. The event will bring together XRP holders, developers, institutions, and Ripple leadership.According to Vet, the session will dig into key pillars to step up XRP adoption from programmability (smart extension, contracts), ZKP for privacy and scalability, to compliance building blocks, including permissioned Domain/DEX and everything in between.
The XRP Ledger feature-focused session will see Ayo Akinyele, Head of Engineering at RippleX, Jasmine Cooper, RippleX Head of Product, RippleX Engineer Mayukha Vadari, and XRP community members Vet and Krippenreiter discuss what's next for XRP. The segment will also sharethe latest updates on the XRP Ledger.
Bitcoin sees aggressive short liquidationsBitcoin just posted a massive 7,132% liquidation imbalance as shorts are left exposed in a $59 million wipeout in just four hours.
BTC bears take over. Bitcoin shorts made up $102.44 million of $120.19 million in total liquidations, highlighting heavy bearish mispositioning.Bitcoin's latest liquidation data by CoinGlass reveals an aggressive short wipeout that may hint at a major turning point. In just four hours, $59.11 million in short positions were liquidated compared to only $828,780 in longs, creating a 7,132% imbalance.
BTC demand. Sustained upside will depend on whether real spot demand steps in to replace this temporary, liquidation-driven buying pressure.Considering that, over 24 hours, shorts accounted for $102.44 million out of $120.19 million total liquidations, the data suggests aggressive mispositioning into local weakness. While such imbalances often precede bounce attempts, the hope of any sustainable upside depends on whether organic demand replaces the forced buy pressure by short sellers.
2026-02-09 22:061mo ago
2026-02-09 16:351mo ago
PEPE Price Struggles to Find Footing as Bears Keep Pressure on Key Support
PEPE faces continued selling pressure near $0.0000037 support, signaling short-term bearish momentum and a cautious market outlook.
Newton Gitonga2 min read
9 February 2026, 09:35 PM
The PEPE price chart shows that the token initially rallied to around $0.00000385 but faced strong resistance, leading to a sharp pullback. The price had been fluctuating in a consolidation range between roughly $0.00000375 and $0.00000380. It recently dropped to $0.000003708, indicating increased selling pressure. Overall, the pattern suggests short-term bearish momentum. Support near $0.0000037 acts as a critical level to watch for potential stabilization or further declines.
PEPE Price Eyes Rebound Near Key Support Amid Broader DowntrendThe chart shows that PEPE has been in a broad downtrend since late 2025, with the price gradually declining inside defined downward channels. Recently, the price has been basing near a key demand zone between $0.0000036 and $0.0000038. This zone is acting as short-term support. According to the analyst “PEPE Whale,” this support could hold, giving the market room to attempt a rebound. The chart highlights previous failed attempts to break higher, followed by consolidation. This suggests the downtrend will continue and calls for caution until a clear breakout occurs.
Upside momentum could start if PEPE holds above the support zone and breaks the key level at $0.0000050. Analysts identify potential resistance levels at $0.0000068 and $0.000010, which would act as short-term and medium-term targets if the rebound gains traction. However, if the support fails, downside risk remains open, keeping the broader downtrend intact. Essentially, the next moves hinge on whether demand near $0.0000036–$0.0000038 can sustain buying pressure, triggering a recovery.
PEPE Faces Continued Bearish Pressure Amid Short-Term ConsolidationLooking at the 1-day PEPE/USD chart, PEPE has been in a clear downtrend, with the price forming lower highs and lower lows over time. After a brief period of minor upward movement, the price continues to struggle near the $0.0000037 level. Selling pressure remains dominant. Short-term consolidation is visible, but the overall direction is still bearish.
The technical indicators reinforce this trend. The MACD line is below the signal line, and the histogram shows negative bars, signaling continued bearish momentum. The Chaikin Money Flow (CMF) is at -0.07, suggesting capital is flowing out of the market, which supports the downward price movement. These indicators highlight that sellers are currently controlling the market.
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Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.
Federal Reserve Governor Christopher J. Waller downplayed risks from bitcoin and broader crypto markets on Monday, arguing that digital assets remain largely disconnected from the traditional financial system even as the technology behind them moves into the mainstream.
Speaking at an event hosted by the Global Interdependence Center, Waller framed crypto markets as an extension and competition of everyday commerce rather than an entirely new phenomenon.
His comments come as crypto markets continue to grapple with regulatory uncertainty in Washington and recurring bouts of volatility that have shaped investor sentiment for years. While bitcoin has become more embedded in institutional portfolios, Waller suggested that price swings remain part of the market’s character rather than a systemic concern.
“Ups and downs in the crypto world have become so common they actually have a name for them: winters,” he said. “It’s part of the game.”
Waller dismissed recent declines in bitcoin’s price as less dramatic when viewed through a longer lens, noting that levels once considered extraordinary are now treated as routine.
“People like, oh my god, bitcoin’s down to 63,000,” he said. “Eight years ago, if you just said it was 10,000 you would have said, oh my god, this is crazy.”
JUST IN: 🇺🇸 Federal Reserve Governor Christopher Waller says Bitcoin volatility is just "a part of the game."
"It's happened before. Bitcoin is down to $63,000. Eight years ago if you would have said it was $10,000, you would have said this is crazy!" pic.twitter.com/fTgZrHlaYY
— Bitcoin Magazine (@BitcoinMagazine) February 9, 2026 The Fed governor also pushed back against the idea that crypto volatility poses immediate threats to banks or the broader payments system. In his view, crypto remains a separate ecosystem that can experience sharp crashes without triggering spillovers into traditional finance.
“These things are pretty detached from the traditional finance world,” he said. “You can have these big crashes and move volume. The rest of us wake up and we’re fine the next day. Nothing bad’s going on. The banks are open. Your payments are being made.”
Waller said he does not closely monitor crypto markets as part of his day-to-day responsibilities at the central bank, describing the sector as still outside the core of the financial system.
“The banks are open. Your payments are being made,” he said.
Early on in his talk, Waller compared a typical blockchain transaction to buying an apple at the grocery store, with different objects and different rails but the same basic structure of payment, execution, and recordkeeping.
“In the decentralized crypto world, a crypto asset, or digital asset, is the object that people want to buy,” Waller said, pointing to bitcoin and other tokens. The transaction, he argued, relies on new technologies such as blockchains, tokenization, and smart contracts, which he described as tools rather than threats.
“Those are just technologies,” Waller said. “There’s nothing dangerous about them. There’s nothing to be afraid of.”
Waller: Bitcoin and crypto are becoming more commonplace At the same time, Waller acknowledged that crypto markets have begun to intersect more with mainstream finance, particularly as traditional firms explore blockchain-based infrastructure. He pointed to efforts by financial institutions and even the U.S. Treasury to consider tokenized securities trading that could operate around the clock.
The ability to support 24/7 global trading, he said, represents one of the key innovations of blockchain-based systems compared with legacy banking infrastructure built around business hours and slower clearing cycles.
“These technologies were built to do this globally, 24 by seven from the beginning,” Waller said. “They’re not legacy systems.”
He argued that this constant trading and settlement capability is already forcing traditional financial institutions to improve their own payment systems, especially in cross-border transfers where crypto rails can move value without relying on established networks.
“They’re forcing the big banks, everybody else, to sort of make their payments, especially cross border, faster and cheaper,” he said.
Waller also highlighted the need for clearer regulatory definitions around digital assets, including whether various tokens should be treated as securities or commodities. He said that responsibility lies with Congress, the Securities and Exchange Commission, and the Commodity Futures Trading Commission.
“The bigger problem is clarity,” Waller said, adding that progress in Congress appears stalled. “Everybody thought clarity would come in that would clear the road,” he said. “It doesn’t look like it’s going anywhere anytime soon.”
Waller suggested that some of the recent cooling in crypto market enthusiasm reflects fading expectations that sweeping legislation would arrive quickly.
“The lack of passing of the clarity act has kind of put people off,” he said.
While Waller emphasized that bitcoin and speculative crypto assets are not his focus as a central banker, he offered blunt advice to investors navigating the sector’s volatility.
“Prices go up. Prices go down,” he said. “If you don’t like it, don’t get in.”
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
2026-02-09 22:061mo ago
2026-02-09 16:431mo ago
Toncoin extends reach as TON Pay enables Mini Apps checkout
TON Pay is a Telegram Mini Apps crypto payments SDKA new payments software development kit, TON Pay, brings crypto checkout to Telegram Mini Apps, enabling fast, low‑cost transfers, as reported by LiveBitcoinNews. The SDK is positioned to make cryptocurrencies usable in everyday in‑app commerce by embedding payments directly where users interact.
Developers can incorporate crypto acceptance without diverting users outside Telegram. The approach aims to reduce checkout friction and streamline payment flows within Mini Apps.
Why TON Pay matters for Telegram commerce and merchantsFor merchants, embedded payments inside Mini Apps can shorten the path from discovery to purchase. Analysts view this as aligned with the broader “super app” trend that merges chat, commerce, and payments, according to Ainvest.com.
Before we turn to the technical roadmap, an official perspective helps clarify goals and performance claims.
“The SDK empowers merchants to accept payments seamlessly and natively on TON through a simple SDK integration, supporting tokens like Toncoin (TON) and USDT… with sub‑second transaction times and fees averaging below US$0.01,” said Nikola Plecas, Vice President of Payments, TON Foundation.
At launch, the emphasis is on practical checkout: support for Toncoin and stablecoins such as USDT, low fees, and sub‑second execution within Telegram Mini Apps. The integration model is designed to keep the user journey inside Telegram, which may improve conversion for digital goods and services.
For developers, an SDK‑first pattern can avoid building wallet infrastructure from scratch and reduce maintenance overhead. Merchant onboarding and UX will depend on how Mini Apps present payment prompts, balance displays, and confirmations.
At the time of this writing, Bitcoin hovers around $70,000, a contextual marker for broader market risk appetite based on data from Yahoo Finance Canada. This backdrop can influence merchant and user willingness to experiment with new payment rails.
Security, compliance, and availability considerationsWallet-agnostic design, governance and fraud risk considerationsAs reported by Cointelegraph, TON Pay is described as wallet‑agnostic and seeks to remove frictions like gas fees and complex multi‑wallet flows. The roadmap highlighted there includes subscriptions, gasless transactions, merchant analytics, MPC wallets, and region‑specific off‑ramps. While embedded payments can lower abandonment, merchants still face routine web‑risk exposures such as refund fraud, account takeovers, and chargeback‑like disputes via off‑ramps. Governance and potential centralization questions in the broader ecosystem warrant monitoring from a risk committee perspective.
Regional KYC, off-ramps, and taxes: availability caveatsAvailability is likely to vary by region given KYC, sanctions screening, and local money‑transmission rules. Cash‑out depends on compliant off‑ramps, and merchants remain responsible for tax reporting aligned to their jurisdictions.
FAQ about TON PayWhich assets does TON Pay support (Toncoin, USDT) and what are the fees and transaction speeds?It supports Toncoin and stablecoins like USDT. Public statements emphasize sub‑second execution and average fees below US$0.01.
How can merchants or developers integrate TON Pay, what SDKs, APIs, and wallet options are required?Integration occurs via the TON Pay SDK inside Telegram Mini Apps. It follows a wallet‑agnostic model to connect users’ wallets through the Mini App flow.
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.
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2026-02-09 22:061mo ago
2026-02-09 16:501mo ago
Circle mints 250 million USDC on Solana to expand available liquidity
Circle minted 250 million USDC on Solana on February 9, according to on-chain monitors. This treasury-level mint does not equate to immediate circulation but pre-funds liquidity for anticipated demand. USDC’s issuance model is driven by actual market demand, balancing mints with redemptions. Circle executed a mint of 250 million USDC on the Solana network on February 9, according to on-chain monitors reported by Whale Alert. The transaction corresponds to a treasury issuance, not a direct deposit to exchanges, an important distinction for understanding the stablecoin distribution mechanism.
The minting increases available supply at the issuer level but does not guarantee immediate circulation to end users. Circle can deploy the tokens to cover pending redemptions, serve institutional requests, or satisfy liquidity needs between platforms as demand materializes.
Crypto whale monitors detected the operation at 19:20 Beijing time. “According to whale monitoring, Circle minted 250 million USDC on the Solana network” reported, specifying the exact moment of the transaction before any broad redistribution.
Large-volume treasury mints generally occur to pre-fund liquidity for anticipated issuance requests, settlements, or market maker inventory. On Solana, where transaction costs remain low and throughput stays high, scaling USDC supply can support tighter spreads and greater trading capacity.
Issuance mechanics respond to market demand The USDC issuance model operates demand-driven: fiat deposits lead to minting, while redemptions generate burns, with treasury wallets acting as operational buffers. A 250 million increment on Solana positions the network to absorb short-term stablecoin demand without frictions derived from cross-chain transfers.
In the near term, additional USDC at treasury level can reduce frictions for market makers, potentially tightening USDC trading pairs and improving depth in Solana-based AMMs and order books. Lending and funding markets could see incremental capacity if inventory moves into lending pools.
Crypto-collateralized loans reached a record $73.6 billion, based on data from Galaxy Research. Within that scenario, new USDC supply can facilitate margin, basis trades, and liquidity rebalancing across platforms.
At the time of writing, Coinbase Global, Inc. (COIN) traded near $161.04, up approximately 10.21%, according to data from Tradingview. The market context does not imply direct linkage to the minting.
Minting establishes supply under the mint authority, but circulating supply only expands when tokens leave treasury control toward end users or platforms. Treasury balances function as operational inventory to satisfy intraday settlement windows.
Two separate USDC burn transactions on Ethereum totaling $150 million on January 27, 2026 were recorded, according to PANews. Burns illustrate routine supply contraction that balances issuance across networks.
Solana’s throughput and low fees support tight spreads and fast settlement. If demand concentrates on Solana venues, allocating new issuance there reduces cross-chain frictions and latency in operations.
Users can verify the minting using a Solana block explorer, searching for USDC mint authority and treasury addresses, then confirming a 250,000,000 USDC mint entry dated February 9 in the transaction history.
2026-02-09 22:061mo ago
2026-02-09 16:521mo ago
Bloomberg Strategist Warns Bitcoin Could Retrace to $10,000
A Bloomberg Intelligence strategist said Bitcoin may return to the $10,000 zone if global risk appetite keeps weakening and equity volatility rises. The analyst described the $64,000 area as a pause, not a firm floor, warning that the recent rebound may be temporary. Pro-crypto analysts highlighted ETF adoption and payment growth as factors that could reduce the depth of any decline.
Bitcoin started February with sharp swings after falling to $61,000 and later recovering toward $70,000. The movement reopened the discussion about whether the market is experiencing a normal adjustment or a longer reset. Mike McGlone from Bloomberg Intelligence presented a cautious view and argued that the enthusiasm still needs to cool.
He said the $64,000 region worked as a common price zone last year and should be treated as a reference level rather than solid support. A rebound to $72,000, in his opinion, would equal a traditional 20% bounce seen in bearish phases. The strategist added that Bitcoin continues to behave as a speculative asset influenced by liquidity conditions and not yet as digital gold.
Market participants with a pro-crypto stance responded that the structure today is different from previous cycles. They pointed to spot ETFs in the United States, clearer rules in Asia, and the growth of stablecoins for payments. Those elements, they said, create real demand that did not exist in earlier downturns.
Bitcoin Could Retrace To $10,000 And Market Signals McGlone connected the crypto outlook with the situation in traditional markets. He expects the calm in the S&P 500 to fade and believes stretched equity valuations could trigger a wider risk reduction. Under that scenario, high-beta assets such as Bitcoin would face pressure. The analyst mentioned that only a sustained move above $90,000 would challenge his negative framework.
Data from the first week of February showed net outflows from major exchange-traded funds, including more than $300 million from a leading product. The flows suggested that short-term investors were taking profits after the rally of late 2025. At the same time, on-chain metrics indicated that long-term holders kept most positions unchanged.
Equity Volatility And Adoption Drivers Supporters of the asset highlighted that developer activity and cross-border payment use continued to expand. Payment processors in Latin America and Southeast Asia reported higher volumes settled in stablecoins during January. Exchanges also launched new custody services for pension funds and family offices.
Bitcoin traded near $69,600 at press time and remained about 10% lower for the week. Technical analysts said reclaiming $70,000 could open the path to $72,500, while failure to hold that range might invite another test of lower levels.
2026-02-09 22:061mo ago
2026-02-09 16:571mo ago
Bitcoin holders sell 245K BTC in tight macro conditions: Did the market bottom?
Bitcoin (BTC) is trading above $70,000 as traders attempt to stabilize price action following the sharp sell-off last Friday, which briefly pushed BTC below $60,000 and erased nearly $10,000 in a single session.
Onchain data shows long-term holders (LTHs) reduced exposure at the fastest pace since December 2024, but the total supply held by long-term investors continued to rise in 2026, a divergence that may indicate traders repositioning and what may prove to be discounted Bitcoin.
Key takeaways:
Bitcoin long-term holders recorded a –245,000 BTC net position change last week, the largest daily outflow since December 2024.
Despite selling, LTH supply rose to 13.81 million from 13.63 million BTC in 2026, showing investors believe the sell-off generated discounted buying opportunities.
Bitcoin one-day chart. Source: Cointelegraph/TradingViewBitcoin distribution rises, but supply continues to ageGlassnode data shows that the BTC LTH net-position change over 30 days reduced exposure by 245,000 BTC last Thursday, marking a cycle-relative extreme in daily distribution. Similar spikes in LTH net position change appeared during the corrective phases in 2019 and mid-2021, when prices consolidated rather than transitioning into downtrends.
Bitcoin long-term holder net position change. Source: GlassnodeMeanwhile, CryptoQuant data shows total LTH supply increased to 13.81 million from 13.63 million BTC in 2026, despite the ongoing distribution. This divergence reflects the time-based nature of LTH classification.
As the short-term holders reduce trading activity during periods of uncertainty, supply continues to age into long-term status. As a result, the LTH supply can rise even while older cohorts sell.
Bitcoin long-term holder flow. Source: CryptoQuantThe long-term holder spent-output profit ratio (SOPR) regained a position above 1 on Monday, signaling recovery after a period of realized losses. With Bitcoin above the overall realized price of $55,000, this condition may be aligned with a base or bottom building phase.
Macro conditions continue to dominate near-term riskMacroeconomic factors may remain the main driver of near-term volatility, with January U.S. Consumer Price Index (CPI) data due Wednesday amid elevated policy uncertainty.
Markets currently assign 82.2% odds of no rate cut at the March Federal Open Market Committee (FOMC) meeting, according to CME FedWatch, reflecting persistent inflation pressure and a restrictive policy outlook.
Uncertainty around Kevin Warsh’s anticipated appointment as the US Federal Reserve chair has added pressure to risk assets. Elevated treasury yields and tight financial conditions continue to pressure risk assets, with the US 10-year yield holding near multi-month highs of 4.22% and credit spreads remaining compressed. Periods of high real yields have coincided with lower crypto liquidity and muted BTC spot demand.
Meanwhile, the US dollar index (DXY) has dropped below 97 on Monday, after rebounding from January lows, remaining a key source of volatility for Bitcoin.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
2026-02-09 22:061mo ago
2026-02-09 17:001mo ago
Bitcoin at risk: Can BTC demand recover without new capital?
Bitcoin [BTC] has yet to establish a sustained bullish structure since its decline to $62,000 earlier in February. Although the asset trades 15.8% higher at $71,800, the price remains significantly below its all-time high, leaving the recovery vulnerable to renewed selling pressure.
The recent rebound has not removed downside risk. Long-term holder behavior remains a key variable, as shrinking profitability can historically increase the incentive to exit positions.
In highly volatile conditions, even modest shifts in LTH conviction can materially affect price direction.
LTH vs. STH profitability signals bearish bias On-chain data reinforces this risk; market structure indicators suggest BTC remains in a broader bearish phase, with price stability masking the potential for further downside.
This assessment is supported by the long-term holder to short-term holder Spent Output Profit Ratio (LTH/STH SOPR). The metric compares realized profitability between both cohorts.
At the time of writing, the readings showed that short-term holders were more profitable than long-term holders, confirming a bearish skew in market structure.
Source: Alphractal
When long-term holder profitability contracts, selling pressure can increase as investors attempt to preserve remaining gains. If LTHs begin distributing supply, it could weigh on price and sentiment, particularly in an environment where demand remains subdued.
Long-term holders are defined as addresses holding Bitcoin for more than 155 days, while short-term holders have held for 155 days or less.
Long-term holders continue to accumulate Despite declining relative profitability, long-term holders remain largely inactive. On-chain data shows no significant increase in distribution from this cohort, suggesting conviction remains intact.
Binary Coin Days Destroyed (CDD) supports this view. The metric indicates that older coins are not being moved, confirming that long-term holders continue to retain their Bitcoin despite current market conditions.
Source: CryptoQuant
This behavior aligns with a gradual rise in Net Unrealized Profit/Loss (NUPL), which has increased steadily to 0.21, at press time. A reading above the neutral level of 0 indicates that investors, on aggregate, are more profitable than they were five days earlier.
Rising aggregate profitability may explain why long-term holders remain patient, as they appear to be positioning for a broader shift toward higher returns.
Bitcoin dominance and capital flows At press time, Bitcoin dominance sat at 58%, reflecting its share of total crypto market capitalization according to CoinGlass. This level suggests a balance between supply and demand, which has helped keep prices relatively stable.
A sustained increase of 5% or more in dominance would typically indicate fresh capital inflows. However, this has not materialized. CoinMarketCap data shows that approximately $1.12 trillion has been wiped from Bitcoin’s market capitalization since its all-time high.
Without a gradual return of capital at this scale, price is likely to remain constrained, with Bitcoin continuing to trade near the lower end of its current range.
Final Thoughts LTH profitability has fallen below that of STHs, a structure often associated with bearish market dominance. The overall Bitcoin profitability continues to improve as holders across cohorts remain largely inactive.
2026-02-09 22:061mo ago
2026-02-09 17:001mo ago
Dogecoin Bear Market Almost Over? Crypto Analyst Weighs In
Dogecoin’s drawdown may be closer to its late-stage “capitulation” phase than a clean bottom, according to crypto YouTuber VisionPulsed, who argued in a Feb. 8 video that lingering bullishness across Crypto Twitter and YouTube is itself a signal the market likely hasn’t inflicted enough pain yet.
In his latest Dogecoin-focused update, VisionPulsed framed the setup less as a clean technical inflection and more as a familiar cycle pattern: retail optimism fades slowly, the final washout arrives when even perennial bulls lose their “fight,” and only then does a durable low tend to form.
“More and more people are starting to get bearish and once we finally break this low I think that’s going to be when everyone says it’s bearish but it’s going to be too late because the bottom is probably going to be in soon,” he said. “So, the fact that there’s still people coming on YouTube saying that it’s still bullish, it’s that we haven’t gone down low enough.”
Is The Dogecoin Bear Market Bottom In? VisionPulsed repeatedly returned to what he called the market’s ability to “run the same play twice in a row,” arguing that the same bearish indicators can persist because each cycle brings a fresh cohort that resists the idea the move is over. He also suggested the incentive structure of crypto content can reinforce that dynamic, with creators leaning bullish because it sustains engagement, even as broader conditions deteriorate.
“The reason I bring all this shenanigans in is because the fact that there’s still people that are still bullish shows why the market can do the same thing over and over again,” he said. “We have the same exact indicators and now instead of me saying we’re bullish, there’s other YouTubers that are still bullish… humans make the same mistakes over and over again.”
On timing, VisionPulsed pointed to momentum tools — particularly the Stochastic RSI for Bitcoin on multiple timeframes (as a signal for the entire crypto market), as a guide for whether any countertrend rally is just a reset before another leg down. He warned against overconfidence in widely cited catalysts such as a CME gap, noting a similar setup appeared in May 2022, and stressed that rallies repeatedly “fizzle out” when Stoch RSI reaches overbought territory. If the market “plays nice,” he said, it could bounce into overbought levels and then roll into the next decline; if it doesn’t, a rollover could arrive without the clean overbought tag.
He also argued that capitulation lows often coincide with a narrative shock, what he called a “black swan” headline that traders later treat as the cause, even if the market was already structurally headed lower. “Before the black swan, look for the black swan,” he said, pointing to past episodes he associated with prior lows, including the Terra/Luna collapse. He added that the emotional tone shift is often the tell: “Don’t be surprised if a lot of people say crypto’s over, crypto sucks… When that happens, that’s where the bottom is.”
For Dogecoin specifically, VisionPulsed said historical bottoms have tended to align with RSI reaching oversold conditions, something he argues DOGE has not yet hit in the current downswing. “We’re one more leg down away from hitting oversold,” he said. “So, if I were a betting man, I think the next move down… should take Doge to 5 cents.”
He repeatedly caveated that he’s not calling an exact bottom, and allowed for scenarios where a later macro shock produces a second low, similar to the COVID-era pattern he referenced. Still, his base case was that the correction is “probably almost done,” with a larger rally expected after spring, while floating a much longer-dated view that Dogecoin’s “real bull run” could begin around July 2027.
For now, his message to DOGE traders was straightforward: until momentum resets and sentiment fully breaks, the “bear market almost over” narrative may be premature and the next decisive move could be the one that finally forces capitulation.
At press time, DOGE traded at $0.09345.
DOGE trades at key support, 1-week chart | Source: DOGEUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
2026-02-09 22:061mo ago
2026-02-09 17:011mo ago
Treasury Chief Kills Bitcoin Bailout Dreams as Crypto Crashes Hard
Treasury Secretary Clary Bessent crushed any hopes for a Bitcoin rescue package Tuesday, telling desperate crypto investors they’re on their own as digital currencies keep tanking. Her blunt message came as Bitcoin’s brutal slide continues, wiping out billions in investor wealth over recent weeks.
Bitcoin’s getting hammered. The world’s biggest cryptocurrency dropped over 40% in just a few weeks, sending shockwaves through trading floors and online forums where retail investors watch their portfolios evaporate. Many traders didn’t see this coming. Ethereum and other major digital assets are bleeding too, with some altcoins down even worse than Bitcoin itself. The carnage is pretty much across the board.
Not happening, Bessent said.
“Bitcoin is not a government-backed asset,” Bessent told reporters during her Tuesday press conference, her tone leaving zero room for interpretation. “It operates independently of federal systems, and bailouts are not applicable.” She basically slammed the door on any government intervention, crushing speculation that had been building among desperate crypto holders. Some analysts had floated the idea that Washington might step in to stabilize markets, but those dreams just died.
Crypto exchanges can’t keep up with the chaos. Trading volumes exploded as panicked investors rush to either cut losses or buy what they think might be the dip. Several platforms reported temporary slowdowns, and customer service lines are jammed. Meanwhile, regulatory watchdogs are keeping close tabs on the situation, though they’re not saying much publicly about what comes next.
Wall Street’s watching nervously.
Traditional finance folks worry about spillover effects, especially given how many institutions now hold crypto on their books. But there’s no sign Washington plans to act, despite the mounting pressure. Bessent’s comments make that crystal clear – the feds are staying out of this mess.
Bitcoin’s decentralized nature is exactly why no bailout makes sense, Bessent argued. “This is a market-driven phenomenon,” she said, emphasizing how crypto operates outside normal financial rails. The whole point of Bitcoin was to avoid government control, so asking for government rescue seems pretty contradictory. Previous crypto crashes followed similar patterns, with wild price swings but no federal intervention.
And miners are getting crushed too. The price drop hammers their profit margins, forcing some operations to shut down temporarily or scramble for emergency funding. These guys invested heavily in equipment and electricity contracts, betting on higher Bitcoin prices that aren’t materializing. Related coverage: Crypto Firms Bleed Millions as Bitcoin.
The crypto world keeps evolving despite the chaos. New technology developments and regulatory discussions continue behind the scenes, but nobody knows what’s coming next. Market participants are basically flying blind right now.
Bessent’s stance reveals something important – the US government doesn’t see Bitcoin as a systemic threat to financial stability. That’s key for understanding why there’s no rescue coming. Unlike banks or major corporations that might get bailouts during crises, crypto exists in its own separate universe.
Investors are scrambling to adjust their strategies. Many are reassessing whether they can stomach this level of volatility, especially retail traders who jumped in during the bull market. The lack of any safety net is becoming painfully obvious.
But the Treasury’s approach fits with ongoing regulatory debates in Washington. Policymakers are still figuring out how to handle the growing crypto market, and Bessent’s remarks reinforce the current hands-off framework that’s been in place.
The SEC is ramping up its oversight too. The agency increased scrutiny of crypto assets recently, though their focus stays on preventing fraud and protecting investors rather than propping up prices. Chair Gary Gensler has been vocal about enforcement priorities.
Formal regulatory changes remain up in the air. No concrete proposals are on the table yet, leaving market participants guessing about future rules.
On February 5, 2026, Bitcoin briefly touched $18,000 – its lowest level since 2024. The crash triggered widespread panic, with some exchanges experiencing outages from the trading surge. Vanguard Digital Assets reported massive client inquiries about portfolio safety. CEO Mark Eldridge said his firm is “working to provide necessary support and information” to anxious clients. This follows earlier reporting on Bitcoin Jumps 12% as Coinbase Premium.
The Federal Reserve stayed quiet about crypto’s meltdown. Chairperson Janet Hargrove focused on traditional economic indicators at a separate event, completely ignoring digital assets. Her silence adds to uncertainty about potential future measures.
Crypto advocacy groups want clarity from federal institutions. The Blockchain Association argues that regulatory uncertainty leaves investors vulnerable, but key agencies haven’t responded to their calls for guidance.
International regulators are paying attention too. The European Central Bank restated its cautious stance on February 6, 2026, with President Christine Lagarde warning about volatility risks. Japan’s Financial Services Agency started talks with local exchanges about handling the trading surge and potential liquidity problems.
BlackRock acknowledged crypto volatility concerns in a February 5 investor briefing. Chief Investment Officer Larry Fink said the firm is maintaining its crypto exposure, viewing current conditions as a “test of resilience.” Tesla, which holds significant Bitcoin, hasn’t updated its position since the crash began. CEO Elon Musk stayed silent on social media, leaving investors guessing about the company’s next move.
The Bank for International Settlements issued fresh warnings about crypto market instability on February 6, 2026. General Manager Agustín Carstens highlighted how the current crash demonstrates Bitcoin’s “inherent volatility and speculative nature.” His comments echo longstanding concerns from central bankers worldwide about digital assets threatening monetary stability.
MicroStrategy, holding over 130,000 Bitcoin worth billions at peak prices, faces mounting shareholder pressure. The company’s stock plummeted alongside Bitcoin, with activist investors demanding CEO Michael Saylor reconsider the aggressive crypto strategy that once made headlines.
XRP has officially entered a period of "capitulation," according to new on-chain data from analytics firm Glassnode.
The controversial altcoin has lost its aggregate holder cost basis, a critical technical and psychological level.
This, according to the analytics firm, has triggered a wave of panic selling that mirrors the bearish consolidation phase seen between late 2021 and early 2022.
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SOPR plunges below 1.0The Spent Output Profit Ratio (SOPR) is the key indicator to watch. This metric tracks the profit or loss realized by coins moving on-chain. A value above 1.0 indicates that, on average, coins are being sold for a profit. A value below 1.0 indicates coins are being sold at a loss.
According to Glassnode, XRP’s SOPR has collapsed from a euphoric high of 1.16 in July 2025 to 0.96 today.
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The catalyst for this sell-off appears to be the loss of the Aggregate Holder Cost Basis. This metric represents the average price at which all holders acquired their XRP.
Psychologically, this is a moment of maximum stress. Investors who held on during the initial price drop in hopes of a rebound are now seeing red in their portfolios.
Echoes of 2021-2022There are some similarities between XRP's current price actions and the period from September 2021 to May 2022. During that period, XRP’s SOPR plunged into the sub-1.0 range and remained suppressed for months.
If the current setup follows that historical pattern, XRP traders should not expect a V-shaped recovery. Instead, the market may face weeks or months of sideways-to-downward price action.
XRP's price performance
The year began with bullish momentum. XRP staged a strong breakout in the first few weeks of 2026. Buying pressure pushed the price to a local peak of approximately $2.45.
However, momentum stalled in mid-January, and the ball appeared in the bears' court once again.
The price of XRP recently collapsed to a wick low of approximately $1.12.
Strategy (MicroStrategy) buys 1,142 BTC for ~$90M: what to knowStrategy (MicroStrategy) added 1,142 BTC last week for about $90 million, implying an average purchase price near $78,815 per bitcoin, as reported by CoinCentral (https://coincentral.com/strategy-mstr-stock-slides-3-despite-adding-1142-btc-to-its-expanding-treasury/). The buy occurred during the week of February 2–8, 2026.
The move extends the company’s treasury accumulation program, keeping MSTR’s equity profile tightly aligned with bitcoin. Funding mechanics and balance sheet positioning remain central to investor focus.
Why it matters: ATM equity funding, dilution, and treasury strategyAccording to the report, Strategy financed the purchase through at-the-market equity issuance, selling about 616,000 shares for roughly $89.5 million. Equity funding can dilute existing holders, particularly if issuance accelerates when the stock is weak.
Analyst commentary in that coverage frames the buy as conviction-driven rather than reactive to short-term price action. It also highlights how repeated accumulation underpins the firm’s core narrative.
“He almost has to keep buying,” said MarketWatch (https://www.marketwatch.com/story/he-almost-has-to-keep-buying-why-michael-saylors-strategy-is-doubling-down-on-bitcoin-d6c8dcd6), characterizing why the company continues doubling down on bitcoin even amid drawdowns.
The stock reaction was muted-to-negative around the update, with shares sliding more than 3% despite the incremental BTC, the report noted. That response reflects ongoing concerns about dilution and paper P/L sensitivity to BTC.
At the time of this writing, MSTR traded near $136.46, up about 1.13% intraday, based on data from Yahoo Finance (https://finance.yahoo.com/). Price data may be delayed and are for context only.
The report also tallied updated holdings at about 714,644 BTC acquired for roughly $54.4 billion, implying an average cost near $76,056 per coin. With a current market value around $49.2 billion, that equates to an estimated paper loss of approximately $5.2 billion.
Balance sheet, dilution risk, and sustainability outlookDebt maturities and liquidity flexibility through 2028The report indicates no material debt maturities before 2028, which reduces near-term liquidity pressure. That long-dated profile provides optionality to manage issuance pacing and treasury decisions through volatility.
ATM equity usage and dilution signals to monitorOngoing ATM usage concentrates attention on three signals: the effective price of new shares relative to perceived bitcoin-linked NAV, the cadence of issuance, and remaining authorization capacity. Faster issuance when shares are weak can magnify dilution.
Conversely, slower issuance alongside long-dated liabilities can limit immediate pressure but may constrain purchase velocity. The sustainability of the accumulation model remains condition-dependent on equity market receptivity and BTC volatility.
FAQ about MicroStrategy Bitcoin purchaseHow did Strategy fund the purchase, did it issue new shares via an ATM equity offering or add debt?Funded via an ATM equity offering, selling about 616,000 shares for roughly $89.5 million; no new debt disclosed in the report.
What are Strategy’s total BTC holdings, average cost basis, and current paper gain or loss?About 714,644 BTC at ~$76,056 average cost; roughly $5.2 billion paper loss at ~$49.2 billion value versus ~$54.4 billion cost.
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.
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2026-02-09 21:061mo ago
2026-02-09 15:201mo ago
Bitcoin Miner Activity Hits Highest Level Since 2024 with 90K BTC Sent to Binance
Rising miner deposits to Binance signal near-term supply pressure despite whale accumulation during the dip.
Bitcoin miners have sent more than 90,000 BTC to Binance since early February, pushing miner exchange inflows to their highest level since 2024, according to on-chain data shared by Arab Chain.
The rise in deposits comes during a period of heavy price swings and stressed investor sentiment, adding to short-term sell-side pressure even as other large holders moved in the opposite direction.
Miner Selling Rises as Volatility Shakes the Market Data cited by Arab Chain shows miner activity picking up immediately after the start of February, with one day alone recording deposits of over 24,000 BTC to Binance. Such transfers often reflect miners converting part of their holdings to cover operating costs or lock in profits during volatile conditions, making these flows a gauge of potential sell-side supply.
The timing is notable, as Bitcoin experienced a steep correction last week that briefly pushed prices below $60,000 for the first time since October 2024, extending a drawdown of more than 50% from the last all-time high, according to analysis posted by Darkfost.
During that window, nearly 241,000 BTC flowed into exchanges across the market, with Binance seeing especially heavy activity from short-term holders. Darkfost described these flows as consistent with capitulation, particularly among investors reacting to rapid losses.
Retail behavior also shifted, with Darkfost noting that holders with less than 1 BTC, often referred to as “shrimps,” heavily increased transfers to Binance after the sell-off. On February 5, their daily inflows topped 1,000 BTC, far above the monthly average of around 365 BTC. However, that spike eased as prices stabilized, suggesting selling pressure from this group faded once Bitcoin recovered above $70,000.
Whales Accumulate as Price Steadies Near $70,000 While miners and smaller holders sent coins to exchanges, large holders took the opposite approach. Analyst CW8900 reported on February 8 that whales accumulated aggressively during the drop, with nearly 67,000 BTC moving into long-term accumulator addresses in a single day, the largest such inflow of this cycle.
You may also like: Robert Kiyosaki Says Bitcoin Is a Better Investment Than Gold – Here’s Why Why Japan’s Election Is a Short-Term Drag but Long-Term Win for Bitcoin Bitcoin’s (BTC) Sideways Phase Is a Trap Before a Deeper Crash (Analyst) Price action since then reflects that tug-of-war, with Bitcoin now trading at just over $70,000 per CoinGecko, a figure that is up about 1% on the day but still down nearly 8% over the past week and more than 22% in the last 30 days. The rebound followed a sharp fall from the mid-$80,000 range, part of a broader slide that erased gains made after the U.S. election and dragged major altcoins down by double digits.
Sentiment remains fragile, a state highlighted by the Bitcoin Fear and Greed Index, which fell to its lowest reading since 2019, even after prices bounced from the lows. As things stand, elevated miner inflows point to ongoing supply hitting the market, while whale accumulation and reduced retail selling suggest that selling pressure is no longer one-sided, with BTC attempting to hold above $70,000.
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2026-02-09 21:061mo ago
2026-02-09 15:251mo ago
Ripple expands institutional custody stack with staking and security integrations
Ripple said on Monday it has expanded its institutional custody platform through new integrations with Securosys and Figment.
The company said it is adding hardware security modules to enable banks and custodians to deploy custody services and offer staking without necessarily operating their own validator or key-management infrastructure.
Building on Ripple’s recent acquisition of Palisade and the integration of Chainalysis compliance tools, the custody upgrades allow regulated institutions to manage cryptographic keys using on-premises or cloud-based HSMs and to offer staking on networks such as Ethereum (ETH) and Solana (SOL), with compliance checks embedded directly into transaction workflows.
Ripple said the integrations are intended to reduce deployment complexity and support faster rollout of custody services for institutional clients. Ripple has been pushing further into institutional infrastructure activity as it expands beyond payments with custody, treasury and post-trade services for regulated companies.
Ripple is a US-based blockchain infrastructure company that provides payment and custody technology to financial institutions and is the issuer of the XRP (XRP) token and the dollar-pegged stablecoin RLUSD, which it launched in December 2024.
The update comes weeks after the company launched a corporate treasury platform that integrates traditional cash management systems with digital asset infrastructure.
Institutional staking and yield products gain tractionInstitutional interest in staking has grown as proof-of-stake networks mature and regulatory expectations continue to evolve.
In October, Figment expanded its integration with Coinbase, enabling Coinbase Custody and Prime clients to stake additional proof-of-stake assets beyond Ether. The update gave institutional customers access to staking on networks including Solana (SOL), Sui (SUI), Aptos (APT) and Avalanche (AVAX) through Figment’s infrastructure.
In November, Anchorage Digital added staking support for the Hyperliquid ecosystem, enabling HYPE (HYPE) staking alongside its existing custody services. The bank said the offering would be available through Anchorage Digital Bank, its Singapore entity, and its self-custody wallet Porto, with validator operations supported by Figment.
While staking enables institutions to earn rewards on proof-of-stake networks, parallel efforts have also emerged to generate yield from Bitcoin, which does not support staking.
Earlier this month, Fireblocks said it will integrate Stacks, enabling institutional clients to access Bitcoin-based lending and yield products. The integration uses Stacks’ roughly five-second block times while settling transactions to the Bitcoin ledger for finality, addressing latency constraints that have limited institutional use of BTC-based decentralized finance.
Magazine: A ‘tsunami’ of wealth is headed for crypto: Nansen’s Alex Svanevik
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
2026-02-09 21:061mo ago
2026-02-09 15:301mo ago
15 Years After Hitting $1, Bitcoin Price Sits at $70K — Can It Break $126K Again?
Bitcoin trades around $70,645 as of writing, reflecting a sharp pullback from its all-time high of $126,025 reached on October 6, 2025. The current price places BTC about 44% below that peak after a volatile year that delivered a 26.62% decline over the past 12 months.
Still, longer time frames tell a different story. Bitcoin posted gains of 226.73% over three years and 57.84% over five years, reinforcing its long-term growth trend despite shorter-term pressure.
The Day Bitcoin Hit $1On February 9, 2011, Bitcoin reached $1 for the first time. That moment confirmed that a purely digital asset could hold real monetary value. At the time, Bitcoin traded among technologists and early adopters, with little public attention. However, that price level marked the foundation for everything that followed.
From $1 to today’s price near $70,645, Bitcoin delivered a roughly 70,000-fold increase. From $1 to its October 2025 peak, Bitcoin rose more than 126,000 times. Few assets in financial history show a comparable move.
Scarcity And Supply ShocksBitcoin’s fixed supply continues to anchor its valuation model. The protocol caps issuance at 21 million coins, while the halving event cuts new supply every four years. Each halving in 2012, 2016, 2020, and 2024 reduced the rate of new Bitcoin entering circulation. As a result, demand growth faced tighter supply conditions.
Market data shows that prior cycles often saw strong price expansions following these events. This structure still shapes long-term expectations today.
ETFs And Institutional CapitalSpot Bitcoin ETFs changed market access in January 2024. These products allowed traditional investors to gain exposure without handling wallets or private keys. By 2025, spot ETFs held more than 1.1 million BTC, representing about 5.6% of total supply.
This steady demand altered market dynamics. Large inflows created consistent buying pressure, while long-term holders reduced available liquidity on exchanges.
Bitcoin As A Strategic AssetBitcoin strengthened its role as a hedge during periods of economic stress. Investors leaned on BTC during the 2020 pandemic and the 2025 U.S. government shutdown, viewing it as an alternative to inflation-prone fiat currencies.
At the same time, corporate adoption expanded. Companies such as MicroStrategy and Tesla added Bitcoin to their balance sheets. Discussions around sovereign and state-level reserves also gained traction, with U.S. policymakers and Texas officials exploring strategic Bitcoin holdings.
A Market Split On What Comes NextNot everyone agrees on Bitcoin’s trajectory. Economist Peter Schiff recently argued that the $126,000 peak may mark Bitcoin’s final all-time high. He pointed to Bitcoin trading below its prior cycle peak of $69,000 from November 2021, a pattern he says breaks historical norms.
Meanwhile, prominent industry figures shared far more aggressive projections. Arthur Hayes forecast a move toward $250,000 in the near term and floated $575,000 targets by the end of 2026. Russian banking officials and Cardano founder Charles Hoskinson echoed similar high-end scenarios.
Fifteen years after Bitcoin first touched $1, the asset sits at the center of a global debate. Has Bitcoin already seen its greatest moment, or does its history suggest another chapter still waits? The market now watches closely.
2026-02-09 21:061mo ago
2026-02-09 15:301mo ago
XRP's 1,500% Path To $24: Analyst Warns Investors To Be Prepared For When The Correction Resolves
Crypto analyst Austin has commented on how XRP could record a 1,500% rally to $24 based on an Elliot Wave theory. He also stated that the rally will be swift, which is why the analyst warned investors to be prepared when the current correction is over.
XRP Eyes 1,500% Rally To $24 as Analyst Warns Investors To Be Prepared In an X post, Austin shared an accompanying chart showing that XRP could rally to $24 on Wave 5 of an Elliot Wave analysis. Meanwhile, the altcoin is expected to reach between $8 and $14 on Wave 3, which the analyst expects to happen anytime soon. He remarked that XRP is well-positioned to begin the macro 3rd wave into price discovery at any moment.
Austin further mentioned that the XRP rally on this Wave 3 could be right around the corner or that it could take a while longer to work out this correction before the next impulse. However, he warned investors to be prepared because when this correction resolves, which he is confident it will, it will result in swift and violent moves to higher prices just like the Wave 1 move.
Source: Chart from Austin on X The analyst also noted that the 2.618 extension sits at $8.47 while the 4.236 extension is at $13.64. He stated that these are both good targets to aim for, but expects higher prices given the length of time XRP has been consolidating and building out its current structure.
Why XRP Is Ready To “Blast” Into Price Discovery Austin stated that on the macro scale, XRP appears ready to enter price discovery at any moment. He explained that the altcoin has experienced a 7-year contracting triangle accumulation structure followed by an explosive 5-wave breakout to test the all-time highs (ATHs) at Macro Wave 1.
The analyst further noted that XRP has been in an ABC correction/reaccumulation for over a year, which has resulted in mass fear and capitulation down to a .702 to .786 retrace. He assured that this has been nothing but a macro wave 2. Meanwhile, Austin also reminded investors that XRP is the only crypto asset with complete regulatory clarity in the U.S. following the settlement of the SEC lawsuit.
He added that Ripple has continued to silently build out the infrastructure required to foster global adoption when the time is right to “flip the switch.” Notably, the crypto firm recently unveiled its roadmap for institutional DeFi on the XRP Ledger (XRPL), highlighting XRP’s role at the core of this infrastructure as it rolls out compliance-focused features to attract institutions.
At the time of writing, the XRP price is trading at around $1.44, up in the last 24 hours, according to data from CoinMarketCap.
XRP trading at $1.40 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
2026-02-09 21:061mo ago
2026-02-09 15:301mo ago
Bitmine acquires 4.3 million ETH worth approximately $8.7 billion
Bitmine Immersion Technologies has purchased an additional 4.3 million ETH on Monday, worth about $8.7 billion at $2,125 per Ethereum. The firm had also bought another 40,613 ETH over the past week, but didn’t reveal the average purchasing price.
Bitmine revealed that its ETH holdings account for 3.58% of the total ETH supply, which amounts to 120.7 million ETH. The latest purchase has also pushed the firm’s holdings to $10 billion.
Bitmine buys more ETH amid dropping prices 🧵
1/
BitMine provided its latest holdings update for February 9th, 2026:
$10.7 billion in total crypto + "moonshots":
– 4,325,738 ETH at $2,125 (@coinbase)
– 193 Bitcoin (BTC)
– $200 million stake in Beast Industries @MrBeast
– $19 million stake in Eightco Holdings (NASDAQ:… pic.twitter.com/MR6hWu8lio
— Bitmine (NYSE-BMNR) $ETH (@BitMNR) February 9, 2026
Bitmine’s initiative comes as Ethereum’s price bounced back above the $2,000 level on Friday, currently trading around $2,055. ETH has dropped more than 2.7% in the last 24 hours and nearly 13.5% over the last 7 days.
Tom Lee, Executive Chairman of Bitmine, noted that ETH prices dropped more than 62% from their 2025 highs. On-chain data revealed that Ethereum daily transactions hit an all-time high of 2.5mm, while active addresses surged this year to an ATH of 1 million daily.
In the past week, we acquired 40,613 ETH. Bitmine has been steadily buying Ethereum, as we view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance.”
–Tom Lee, CEO of Bitmine Immersion Technologies.
Lee also stated that crypto prices are highly volatile, with ETH falling by more than 50% or more from a recent high for the eighth time since 2018. He argued that similar crypto declines occur annually, noting that ETH dropped by 64% from January to March last year but then rose from $1,600 to $5,000 a few months later.
Lee also confirmed that ETH formed V-shaped recoveries from major lows in each of the 8 prior declines of 50% or more. He also expects a similar recovery in 2026. He also argued that post-declines present the best investment opportunities in the crypto industry.
Does Bitmine’s ETH holdings support its staking initiatives? The digital asset platform has staked more than 2.9 million ETH worth around $6.2 billion at $2,125 per ETH. Lee acknowledged that Bitmine has staked more ETH than other entities globally. He also revealed that the firm’s staking rewards are $374 million annually (using 3.115% CESR) or more than $1 million per day once Bitmine’s ETH is fully staked by MAVAN and its staking partners.
Lee revealed that Bitmine’s annualized staking revenue has surged by more than 7% over the past week to $202 million. He added that the 2.9 million ETH stake is about 67% of the 4.3 million ETH held by the company.
Bitmine’s Composite Ethereum Staking Rate (CESR) is at 3.11%. Lee also confirmed that the firm’s own annualized staking operations yielded 3.3234% over 7 days.
Lee stated that Bitmine continues to make progress on its staking solution, known as The Made in America Validator Network (MAVAN). He argued that it will be the best-in-class solution offering secure staking infrastructure.
The firm plans to deploy its MAVAN staking solution in early this year. Lee disclosed that the firm is currently working with 3 staking providers as it moves towards unveiling MAVAN in 2026.
Bitmine’s latest purchase positions it as the top Ethereum treasury and the second global treasury, behind Strategy. Strategy currently owns 713,502 BTC valued at $51 billion.
The company has 193 Bitcoin on its balance sheet and $595 million in cash. The digital asset treasury firm has also staked $200 million in Beast Industries and $19 million in Eightco Holdings.
2026-02-09 21:061mo ago
2026-02-09 15:311mo ago
XRP's SOPR dropped to 0.96, meaning most holders are now selling at a loss
XRP is taking a hit. The token has broken below its aggregate cost basis, and that triggered panic across the board. A big chunk of holders are now dumping their bags, not to lock in profits, but to cut losses, according to data from Glassnode.
The Spent Output Profit Ratio (SOPR), using the 7-day EMA, has collapsed from 1.16 in July 2025 to 0.96 right now. If that number is above 1, they’re walking away richer. If it’s under, like it is now, XRP holders are bleeding.
This is the first time profitability has turned negative since mid-2025. And according to Glassnode, it looks a lot like what happened between September 2021 and May 2022, when the SOPR stayed under 1 and the market just dragged sideways for months.
Retail holders are dumping XRP while whales hold tight Right now, XRP’s price sits around $1.42, but whales’ wallets are quiet. Whale-to-exchange flow is still low, which means they’re not dumping. That’s important. It tells you that the selling is mostly coming from retail investors.
The same thing happened back in December 2025 and January 2026. SOPR was low, price kept dropping, but the big wallets stayed silent. It’s the smaller holders who are panicking.
Back in March and April 2025, whale flows were also quiet, and price stayed soft. Then in July, things suddenly bounced hard.
But when profit-taking kicked in, whales dumped fast. They waited for the top. That pattern matters now. Because the whales are still not selling. They’re waiting.
Even with the price sliding, XRP Ledger is still running big numbers. Messari’s data shows average daily transactions at 1.83 million in Q4 2025, up 3.1% from the quarter before. Active addresses dropped to 49,000.
But while payments fell 8.1% to around 909,000, offer creation rose to 42% of the entire mix. That means people are still trading and using the network, even with the loss pressure.
Ripple’s bigger plan is focused on tokenized real-world assets. It’s not about just DeFi numbers anymore. XRPL is being shaped to support tokenized cash, high-grade collateral, and real settlement flows. There’s been real growth here. RWA.xyz reported about $21.41 billion in represented value and nearly $23.87 billion distributed. The tokenized U.S. Treasuries value is now at $10.0 billion.
Ripple wants to pull more of that volume toward XRPL. The plan includes compliance tools built into the network and delivery-versus-payment support. That’s how they’re positioning themselves to handle the next wave of tokenization.
McKinsey expects tokenized markets to grow to $2 trillion by 2030, though BCG and ADDX threw out a much bigger number; $16.1 trillion.
2026-02-09 21:061mo ago
2026-02-09 15:321mo ago
Shiba Inu Hits Zero Coin Burns: What's Going On Here?
SHIB’s burn engine crashes 100% in a day: with zero tokens torched, what’s really killing the deflation?
Market Sentiment:
Bullish Bearish Neutral
Published: February 9, 2026 │ 8:25 PM GMT
Created by Gabor Kovacs from DailyCoin
The mainstream meme currency Shiba Inu coin (SHIB) saw no action in the burning front for the past 24 hours, causing an abnormality in the burning records. Typically, SHIB Burn tracker reports a daily figure at least in the millions, nailing billions on a good day. With Shiba Inu’s remaining supply at 585.420 trillion, every transaction to the bottomless pit counts.
Two Sides Of The 100% SHIB Burn Rate DropThe initial batch of Shiba Inu tokens set ablaze were done by Ethereum’s (ETH) founder Vitalik Buterin back in 2021, when he received an allocation of Shiba Inu coins from Shytoshi Kusama. SHIB’s mysterious leader embraced auto-burns on Shibarium L2, often initiating community burning initiatives.
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While many SHIB Army members burn tokens unprovoked on a daily basis, this was not the case on Monday.
Simultaneously, Shiba Inu’s price movement didn’t print any drastic swings on Monday, consolidating since last weekend.
At $0.00000619, the canine meme coin is trading above the lower demand zone, but the true challenge lies at the $0.0000066721 resistance level, something SHIB hasn’t reclaimed in two weeks as major altcoins lack buying interest.
On top of that, Shiba Inu’s (SHIB) native Shibarium chain’s plunging trading activity is another factor that pushed Shiba Inu’s daily burn rate to such drastic figures. By Shibarium’s mechanism part of the collected Bone ShibaSwap (BONE) fees are swapped for Shiba Inu coin burns, hitting quite a few milestones this way in 2024 with single-handed multi-billion burns.
Shibarium’s TVL Hike Can’t Ignite The BonfireDeFiLlama’s stats portray another on-chain abnormality. Shibarium’s total value locked (TVL) skyrocketed by 17.83% since yesterday to $1.07 million. However, Shiba Inu’s signature Layer-2 chain collected just $8 in fees, making it impossible to swap any of the garnered BONE crypto fees to SHIB for burns.
Hitting a $11.22 million TVL record back in 2024, Shibarium is likely to get another liquidity boost once the Layer-3 chain drops. Announced a few years ago, the new Shiba Inu (SHIB) chain collected $13 million in a funding round, sponsored by the likes of Animoca Brands & Polygon Labs. The chain introduces Fully Homomorphic Encryption (FHE) as a next-gen security tool.
Dig into DailyCoin’s sizzling hot crypto news now:
XRP’s Fib Circle Bulls Demand $1.40 Close To Restore $3
Bitcoin Crash Exposed: Analyst Points to TradFi Sell-Off
People Also Ask:Why did SHIB burns hit absolute zero this time?
Shibburn data shows 0 SHIB burned in the past 24 hours (Feb 9, 2026 tracking), a 100% drop. It’s mechanical: low transaction volume on Shibarium means fewer auto-burns from gas fees, plus manual/community burns dried up amid market dip and low hype.
Is this the second zero in a short time?
Yes — second dead burn day in under a week (first late Jan/early Feb 2026). Recent days had minimal action (e.g., only ~119k SHIB over weekend), down sharply from earlier spikes (millions in single tx during hotter periods).
How’s this affecting SHIB price right now?
Adds bearish pressure in a risk-off market. SHIB’s around $0.000006 (down ~1-3% recent sessions), with no deflation tailwind to counter broader crypto chop. Zero burns remove one bullish narrative, feeding sell sentiment.
Are burns truly dead, or just a lull?
Just a lull — burn rate swings wildly (500%+ surges to zero crashes). Shibarium auto-burns scale with network use; if tx pick up (ecosystem growth, DeFi, games), burns rebound.
DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?
Market Sentiment
100% Bullish
This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
2026-02-09 21:061mo ago
2026-02-09 15:331mo ago
CME Adds ADA, XLM Futures in Move That Could Reshape Institutional Crypto Demand
CME Group officially launched standard and micro futures contracts for Cardano (ADA) and Stellar (XLM).This expansion follows a record year where CME’s crypto asset notional volume surpassed $3 trillion. These instruments allow hedge funds to access ADA and XLM within a CFTC-regulated environment. This Monday marked the launch of ADA and XLM futures on CME Group, representing a significant step for the financial derivatives market. With this addition, Cardano and Stellar now share the regulated stage with major cryptocurrencies such as Solana, Ethereum, and Bitcoin itself.
Following a historic 2025, where the platform’s notional volume reached unprecedented levels, the demand for new assets has continued to grow. Consequently, these contracts aim to satisfy the need for hedging and direct exposure among large-scale asset managers.
Structurally, the contracts include two versions—standard and micro—adapting to various investment strategies and risk management needs. For instance, ADA contracts are offered in sizes of 100,000 and 10,000 coins, while XLM units are available in 250,000 and 12,500.
Market Impact and Price Projections The fourth quarter for CME’s crypto segment was exceptional, averaging $30.7 billion in open interest. As a result, the inclusion of Stellar and Cardano is perceived as a natural catalyst to improve investor sentiment toward these mid-cap altcoins.
Currently, ADA remains in a consolidated range near $0.263, after facing key resistance at $0.32. However, the institutional visibility granted by the CME often precedes increased liquidity, which could help break the current sideways trend.
On the other hand, XLM is trading near $0.16 with contained volatility and tight volumes. Nevertheless, projection models suggest a potential advance toward the $0.18–$0.19 range if institutional support remains firm following this launch.
In summary, this move strengthens the infrastructure of digital assets, allowing institutional capital to flow more transparently. With regulated investment tools, the crypto ecosystem continues its journey toward irreversible financial maturity.
2026-02-09 21:061mo ago
2026-02-09 15:341mo ago
Bithumb's $43B Bitcoin Error Triggers Compensation Plan and Heightened Investigations
Bithumb announced a compensation plan after mistakenly crediting $43 billion in Bitcoin to hundreds of customers, triggering a sell-off that reduced the token’s listed price to $55,000. CEO Lee Jae-won stated that 99.7% of the overpaid Bitcoin has been recovered, and the remaining 0.3%, equivalent to $123.4 million, was replenished with the company’s own assets.
All users connected to the platform during the incident will receive 20,000 won ($13.73). Customers who sold Bitcoin at the erroneous price will receive 100% of the sale value plus an additional 10%. Bithumb will waive trading fees for one week for all customers.
The Financial Supervisory Service (FSS) has initiated on-site inspections at Bithumb, reviewing asset management, IT systems, and internal controls. Governor Lee Chan-jin warned that users who converted the erroneous Bitcoin to cash must return it in kind and that any signs of noncompliance will result in legal penalties.
The FSS plans to strengthen oversight, impose fines for IT failures, and advance the second phase of legislation on digital asset security and control.
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
2026-02-09 21:061mo ago
2026-02-09 15:351mo ago
VanEck's AVAX thesis: product-market fit, economic clarity & institutional distribution
Episode 6 of Layer One, hosted by The Block's Kelvin Sparks and Hypha founder Steven Gates, was recorded with Ava Labs's VP of Business Development of Onchain Finance, Morgan Krupetsky, and VanEck's Head of Digital Asset Research Matthew Siegel.
Listen below, and subscribe to Layer One on YouTube, Spotify, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].
In episode six of Layer One, The Block's Kelvin Sparks and Hypha Founder Steven Gates were joined by Ava Labs's VP of Business Development of Onchain Finance, Morgan Krupetsky, and VanEck's Head of Digital Asset Research Matthew Siegel. Together, the group discussed what actually drives institutional conviction in crypto.
Siegel explained why VanEck chose Avalanche for its first alt-L1 ETF, citing product-market fit, economic clarity, and an active BD team onboarding real institutions. The conversation covers DATs versus ETFs, the innovator's dilemma facing banks, and why market downturns are exactly when serious builders separate from tourists.
OUTLINE
00:00 - Introduction
03:30 - Institutional vs. Retail Investing
07:26 - Avalanche's L1 Scaling Vision
11:22 - What Made AVAX Investable for VanEck
14:00 - ETFs, DATs & Leveraged Products
19:24 - Crossing the TradFi-DeFi Chasm
29:34 - Surviving the Downturn: HODL Culture
34:30 - Matt's Wishlist for Avalanche
39:01 - RWA Penetration & Private Credit
46:30 - Banks vs. Stablecoins: Innovator's Dilemma
GUEST/HOST LINKS
Matthew Siegel - twitter.com/matthew_sigel
VanEck - twitter.com/vaneck_us
Morgan Krupetsky - twitter.com/MorganKrupetsky
Ava Labs - twitter.com/AvaLabs
Steven Gates - twitter.com/stvngts
Kelvin Sparks - twitter.com/imyoungsparks
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
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Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
Barry Bannister, Stifel chief equity strategist, joins 'The Exchange' to discuss Bannister's thoughts on bitcoin, the difference in trends and much more.
2026-02-09 21:061mo ago
2026-02-09 15:371mo ago
Shiba Inu Rallies as OKX Moves 20.8 Billion SHIB Into Cold Storage
Shiba Inu jumps 22% after OKX transfers 20.8 billion SHIB into cold storage, signaling possible supply shifts amid market fear.
Newton Gitonga2 min read
9 February 2026, 08:37 PM
Shiba Inu posted a strong weekend recovery as on-chain data highlighted a major exchange wallet shift during a volatile market phase. The move unfolded while broader crypto sentiment stayed locked in extreme fear. Despite that backdrop, SHIB showed relative resilience compared to other meme coins. Traders are now watching whether the exchange activity reflects a short-term structural adjustment or routine balance management.
OKX Wallet Transfer Coincides With SHIB Price RecoveryOn-chain data from Arkham showed that 20,841,045,129 SHIB tokens were transferred from OKX’s hot wallet into the exchange’s cold storage. The transaction removed tokens worth about $132,130 from active circulation. The timing drew attention because SHIB had just tested price levels not seen since early 2023. The move occurred during a sharp 30% drawdown from the week’s opening levels.
Following the transfer, Shiba Inu staged a swift rebound. The token rallied around 22% and reclaimed the $0.0000062 level. The signs of demand absorption during the recovery phase. Arkham data confirmed that the transfer was internal to OKX, pointing to exchange-controlled wallets rather than user withdrawals.
Such transfers often reflect reserve management decisions. However, the scale and timing raised questions among traders. Some suggested the move could relate to liquidity management during heightened volatility. Others pointed to possible order book restructuring as SHIB stabilized after heavy selling pressure.
Key Price Levels and Market DivergenceAt the time of writing, SHIB traded near $0.00000612 after failing to hold above the $0.0000068 level. The $0.0000046 was identified as a potential downside zone if bearish momentum returns. Despite the rebound, the broader crypto market continued to show signs of stress. Many altcoins and meme tokens recorded persistent outflows over the same period.
SHIB, however, showed a different on-chain pattern. While most meme coins saw tokens flow back onto exchanges, SHIB moved into cold storage. Such behavior is a form of supply adjustment. Locking tokens away can reduce immediate sell-side pressure, even if temporarily.
Still, observers cautioned against overinterpretation. Exchange wallet movements do not always signal a directional price shift. OKX has not issued a public explanation for the transfer. The move could represent routine operational management rather than a strategic stance on SHIB.
Even so, the transaction stood out due to its size and timing. With SHIB recovering quickly amid widespread fear, traders continue to monitor whether this wallet shift marks a meaningful change in the token’s short-term market structure or simply a coincidental exchange action.
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Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.
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Latest Shiba Inu News Today (SHIB)
2026-02-09 21:061mo ago
2026-02-09 15:441mo ago
Ether supply tightens as BitMine adds 40,613 ETH this week
BitMine now holds 4.326M ETH (3.58%); added 40,613 last weekbitmine immersion Technologies (NYSE:BMNR) added 40,613 ETH last week, bringing its total to 4.326 million ETH, equal to about 3.58% of the circulating supply, as reported by The Block (https://www.theblock.co/post/389047/bitmine-acquires-40613-ether-in-a-week-total-treasury-reaches-4-33-million-eth).
The company now reports a $10.0 billion mix of crypto, equities, and cash, according to CoinDesk (https://www.coindesk.com/markets/2026/02/09/tom-lee-s-bitmine-adds-to-eth-stack-after-price-crash-now-holds-3-6-of-ethereum-s-total-supply).
Owning a 3.58% slice of ETH concentrates a meaningful share of supply and scales protocol income via staking. BitMine has emphasized validator infrastructure to monetize holdings, notably its Made in America Validator Network (MAVAN).
Management frames the latest buy as consistent with that plan and opportunistic during volatility. “BitMine views this pullback in eth price as attractive, given the strengthening fundamentals,” said Thomas “Tom” Lee, Chairman, BitMine, via PR Newswire (https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-326-million-tokens-and-total-crypto-and-total-cash-holdings-of-10-0-billion-302682272.html). In the same disclosure, the company said roughly 2.9 million ETH are staked, generating about $202 million in annualized ETH staking revenue, with potential to approach ~$374 million as MAVAN scales.
Large additions can constrain liquid supply and, when delegated, influence validator economics and realized staking yields. Analysts also note potential yield effects as stake share rises, according to Ainvest (https://www.ainvest.com/news/ethereum-news-today-bitmine-surpasses-4m-eth-institutional-stake-tightens-supply-dynamics-2512/).
On strategic positioning, Ainvest highlights external commentary on BitMine’s progress toward a 5% ETH supply target; at 4.326 million ETH, that is roughly 72% of the way by count.
At the time of this writing, Benzinga reported BitMine’s ETH trove at about $9.2 billion, implying an ETH reference price near $2,125 for that snapshot (https://www.benzinga.com/crypto/cryptocurrency/26/02/50486797/tom-lee-predicts-v-shaped-recovery-as-bitmine-adds-40613-eth).
Risks, comparisons, and MAVAN staking economics to watchConcentration, regulatory scrutiny, and balance-sheet volatilityA 3.58% supply position concentrates exposure to one asset and may invite regulatory and governance scrutiny over validator centralization optics. Balance-sheet volatility is inherent, as crypto valuations are marked to fast-moving markets.
Liquidity and redemption dynamics also matter. If BitMine materially increases or decreases stake, execution could affect realized yields and market depth, though timing, liquidity venues, and hedging would modulate outcomes.
Peer-treasury context and progress toward a 5% supply targetPeer treasuries in public markets vary in size and asset mix, with many holding primarily bitcoin or smaller ETH allocations. Progress toward a 5% ETH share will be tracked against net issuance, staking participation, and competitor accumulation.
MAVAN’s throughput, client diversity, and geographic distribution will shape both revenue durability and decentralization optics relative to other institutional validator operators.
FAQ about BitMine ETH holdingsWhy did BitMine buy 40,613 ETH during the pullback, and how does it fit their long-term strategy?Management described the pullback as attractive versus fundamentals, aligning with an ETH-centric, staking-first strategy and MAVAN buildout to convert holdings into recurring protocol revenue.
How much ETH has BitMine staked and what annual ETH staking revenue could MAVAN generate?About 2.9 million ETH are staked; current annualized ETH staking revenue is roughly $202 million, with MAVAN potentially lifting it toward ~$374 million as operations scale.
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.
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2026-02-09 21:061mo ago
2026-02-09 15:451mo ago
Bukele maintains 91.9% approval while Bitcoin takes a back seat
A survey reveals Nayib Bukele’s approval rating reaches 91.9%, solidifying his political standing. Only 2.2% of respondents identify Bitcoin as the government’s biggest failure, highlighting a disconnect from citizen priorities. Daily Bitcoin adoption remains low, but the government persists with its strategy, maintaining its daily BTC purchase. Salvadoran President Nayib Bukele’s popularity reaches a new high according to a recent survey from La Prensa Gráfica. The leader obtained 91.9% approval, a figure that consolidates his political position in the Central American nation. Of the 1,200 people consulted, nearly two-thirds expressed strong support for his administration, while barely 1.8% showed strong disapproval.
The numbers reflect a clear reality: Salvadoran citizens back Bukele, but not necessarily for his Bitcoin bet. The cryptocurrency, adopted as legal tender in 2021, occupies a marginal place among public concerns. Only 2.2% of respondents identified Bitcoin as the government’s biggest failure, a percentage that confirms the disconnect between official crypto policy and citizen priorities.
The president responded to the survey with his usual sarcastic tone on social media, mocking the reduced size of the opposition. The reaction shows the confidence Bukele maintains against his critics, backed by figures that few Latin American leaders can display.
Security explains the Bukele phenomenon The true driver of presidential popularity lies in public safety improvements. Since taking office in 2019, Bukele implemented drastic measures against the gangs that plagued the country. The construction of the Terrorism Confinement Center (CECOT) represents the most visible face of the strategy. The prison, designed to house suspected organized crime members, forms part of a hard-line plan that considerably reduced homicide rates.
Salvadoran citizens report greater peace in their daily lives. Streets once controlled by criminal groups now allow free movement. Businesses operate without constant extortion. Families go out without the fear that characterized previous decades. The transformation of the security environment exceeded initial expectations and changed international perception about El Salvador.
For most Salvadorans, living without daily violence matters more than any economic or technological experiment. The contrast between global media attention to Bitcoin and local indifference proves revealing.
Bitcoin adoption by the population remained limited since implementation In a TIME interview during 2024, Bukele himself admitted that daily use of the cryptocurrency did not reach the levels projected by the government. Salvadorans prefer traditional payment methods for their everyday transactions. The International Monetary Fund warned about possible financial risks associated with the country’s crypto strategy.
Despite lukewarm public reception and international criticism, El Salvador does not retreat from its bet. Government officials confirmed that the country buys one Bitcoin daily since 2022, a commitment Bukele promised to maintain.
Online trackers linked to the national Bitcoin Office show constant increases in reserves, even after El Salvador agreed to moderate some cryptocurrency-related programs as part of a $1.4 billion IMF deal.
2026-02-09 21:061mo ago
2026-02-09 15:511mo ago
Ethereum Liquidity Dries Up as Exchange Balances Sink to Decade Low
Ethereum exchange balances fell to about 15.3 million ETH, described as the lowest level in roughly 10 years, tightening readily tradable liquidity. The decline is attributed to ETH moving into staking and DeFi, which act as supply sinks and reduce immediate selling availability on order books. Lower exchange float can amplify moves: rallies may accelerate on demand spikes, while stress events can create air pockets if selling meets thinner liquidity. Ethereum supply held on exchanges fell to the lowest level in roughly a decade, tightening readily tradable liquidity at a moment when price swings have been sharp. The key signal is that fewer ETH are sitting on venues where they can be sold quickly, which can amplify volatility in both directions. The tracked balance dropped to about 15.3 million ETH, according to a Feb. 11 update citing on-chain analytics, a level described as the lowest in 10 years. The decline reflects a continuing migration of ETH from exchange wallets into longer-term uses and storage, reshaping short-term market dynamics.
What’s pulling ETH off exchanges The report links the drawdown to two main destinations: staking and decentralized finance. Staking and DeFi are acting as supply sinks, reducing the amount of ETH immediately available for spot selling. More ETH are being committed to earn yield or to collateralize onchain positions, which moves tokens away from exchange order books. The article frames this as a structural shift in how holders deploy ETH, reflecting growth in longer-duration positioning even as near-term sentiment remains fragile. Reduced exchange float can make the market more sensitive to demand spikes or sudden sell pressure.
The same dynamics can cut both ways. With less ETH on exchanges, a strong bid can push price higher faster, but a drawdown can also be deeper if forced selling hits thin liquidity. Lower exchange balances can support bullish supply narratives, yet they also increase the probability of air pockets during stress. The update places the development in the context of recent market turbulence, where rapid moves have tested liquidity across major assets. Under such conditions, liquidity structure matters as much as fundamental headlines for short-horizon traders.
Beyond spot markets, the shift also interacts with Ethereum’s evolving role in the crypto economy, where ETH is increasingly used as collateral and a yield bearing asset. ETH is behaving less like a purely tradable coin and more like productive capital inside its own ecosystem. As tokens move into staking contracts and DeFi protocols, holders may be optimizing for returns and utility rather than day-to-day liquidity. That can change how price discovery occurs and how quickly shocks transmit across venues, particularly during high volatility windows.
For investors, the decade low exchange balance is a signal to monitor alongside price, derivatives positioning, and macro risk. The most practical takeaway is that liquidity conditions can become the hidden driver of price action when supply is structurally constrained. If inflows to exchanges remain muted, rallies can accelerate on relatively modest demand. Conversely, if risk events force ETH back onto exchanges, the market can see abrupt regime shifts. The exchange supply metric is not a forecast, but it is a key input for interpreting volatility
2026-02-09 21:061mo ago
2026-02-09 15:521mo ago
ETHZilla fractionalizes leased aircraft engine monthly cashflows with its Eurus Aero Token I
BTC exchange inflows surpassed 241,000 tokens in just three days, reflecting a major sell-off event. The fear was not limited to retail; Coinbase Advanced saw record inflows from professional investors. After briefly slipping below $60,000, Bitcoin’s price rebounded strongly toward the $71,000 mark. The recent price drop of the pioneer cryptocurrency to $60,000 triggered a massive surge in Bitcoin exchange inflows. Analysts reveal that this phenomenon is characterized by a wholesale movement of assets toward exchanges, driven by widespread fear and anxiety.
On-chain analysts at Darkfost indicate that flow into Binance exceeded 100,000 BTC in just seven days—a figure that surpasses even the corrections seen in early 2025. Similarly, “shrimps,” or small investors, tripled their usual daily deposits in a desperate attempt to exit the market.
🗞️ Bitcoin drop sparks a wave of retail panic.
"On February 5, inflows from shrimps to Binance exceeded 1,000 BTC in a single day, while their monthly average was closer to 365 BTC. Such a spike had not been seen since July 2025, when Bitcoin was still advancing toward new all… pic.twitter.com/xvNfyX8lvy
— Darkfost (@Darkfost_Coc) February 8, 2026 This visceral behavior from short-term holders provided the necessary fuel for a cascading liquidation that shook the market structure. However, what began as retail panic quickly spread to professional and institutional trading desks.
The Institutional Role and Technical Rebound Notably, Coinbase Advanced—the preferred tool for funds and active traders—recorded inflows of approximately 27,000 BTC within 24 hours. Therefore, it is clear that uncertainty did not discriminate between small wallets and large capital during the crash.
Despite the selling pressure, the market seems to have found a reprieve after testing key realized price zones for long-term holders. Consequently, Bitcoin was able to recover quickly, trading again around $71,000 as exchange inflows return to their historical average.
In summary, although this exhaustion event pushed the asset into an extreme oversold zone, the system will need time to digest the volatility. For now, the cessation of selling urgency from the retail sector suggests that a “bottom” may finally be establishing itself.
2026-02-09 21:061mo ago
2026-02-09 15:581mo ago
Bitcoin Miner Cango Dumps $305 Million in BTC to Fuel AI Pivot
In brief Bitcoin miner Cango (CANG) sold 4,451 BTC or about $305 million worth this weekend. The firm used the proceeds to repay a BTC-backed loan and clean its balance sheet as it expands into AI. Shares are down around nearly 3% on the day, and 62% over the last six months. Publicly traded Bitcoin miner Cango (CANG) parted ways with 4,451 BTC this weekend, raising approximately $305 million as it aims to fuel its expansion into providing compute power for the artificial intelligence (AI) boom.
The firm used all of the proceeds to repay a portion of a Bitcoin-collateralized loan.
“The company is executing a strategic pivot by utilizing its globally accessed, grid-connected infrastructure to provide distributed compute capacity for the AI industry,” Cango said in a statement.
In addition to the sale, the firm also announced Jack Jin, formerly of video conferencing software firm Zoom, as its new CTO to help build out its AI business line.
Shares in the Dallas-based mining firm are down nearly 3% following the news, recently changing hands below $0.95. Shares have fallen 62% in the last six months.
While other publicly traded Bitcoin miners, like Bitfarms, have signaled a complete departure from mining, Cango intends to continue using resources to mine Bitcoin alongside its growing AI compute business.
“Cango remains committed to its mining operations, with a continued focus on enhancing mining economics and seeking an optimal balance between hashrate scale and operational efficiency,” the firm’s announcement reads. “The company will be guided by a disciplined framework for asset allocation in pursuit of long-term value creation.”
The firm, which says it operates over 40 sites across four distinct geographic regions, mined nearly 500 BTC in January, according to its most recent monthly production update. It also sold 550 BTC or about $39 million worth of BTC during the month, leaving it with 7,474.6 BTC or about $528 million worth at the close of January.
At the time of the sale, Cango CEO Paul Yu telegraphed that the firm would be offloading more Bitcoin in the future.
“Starting this month, we will selectively sell a portion of newly mined Bitcoin to support the expansion of our inference platform and other near-term growth initiatives,” said Yu in a statement. “This tactical flexibility will allow us to seize new business opportunities and manage our liquidity with greater agility."
A representative for the firm did not immediately respond to Decrypt’s request for comment.
Bitcoin is down around 0.2% in the last 24 hours, recently changing hands at $70,727. The top crypto asset is down nearly 10% in the last week and is 44% off its October all-time high of $126,080, though it has partially recovered since dipping to nearly $60,000 last week.
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2026-02-09 21:061mo ago
2026-02-09 15:581mo ago
Bitcoin at Critical $69K-$72K Support: Death Cross Signals Deeper Correction Risk
TLDR: Bitcoin death cross forms on daily charts with moving averages positioned far above current price Weekly close below $69K-$72K support could trigger next leg down into deeper correction territory Binance withdrawal data shows whale accumulation doubled to 13.3 BTC average since late January Price must reclaim $82K then mid-$90Ks to establish bottoming pattern and reverse bearish trend
Bitcoin faces a critical test as price slides into the $69,000 to $72,000 support zone amid mounting bearish technical signals.
A death cross has formed on daily charts while weekly moving averages remain far overhead. Traders warn that a clean weekly close below this range could trigger a deeper correction phase.
The current price action shows weak bounce attempts with consistent rejections at key resistance levels.
Death Cross Formation Signals Bearish Trend Structure The technical setup has deteriorated significantly as BTC continues its descent from higher levels. Daily charts now display an active death cross with the 50-day and 200-day moving averages positioned miles above current price. This configuration represents a classic bearish trend structure where rallies meet aggressive selling pressure.
Weekly timeframes confirm the concerning technical picture. Price remains trapped below the exponential moving average ribbon with repeated rejection attempts at that level.
Any upward moves are functioning as retests rather than genuine reversals. Trader @DamiDefi emphasized that pumps are getting sold while supports face continuous stress tests.
$BTC update, this is basically the exact continuation of the “death cross + lost weekly EMA ribbon” warning I posted.
The bounce attempts have been weak, and price has now slid all the way into that $69K–$72K band, the level that decides whether this is just a nasty shakeout or… https://t.co/bZw17hrcMh pic.twitter.com/rZed8M6JyT
— Dami-Defi (@DamiDefi) February 9, 2026
The $69,000 to $72,000 band now represents the final line of defense. This zone determines whether the market experiences a temporary shakeout or enters a prolonged correction phase. Price behavior at this level will dictate the trajectory for coming weeks and potentially months.
A breakdown below $69,000 on a weekly closing basis would open the next leg down. The accumulation phase would become considerably more painful before any bullish momentum could rebuild.
Historical patterns suggest that losing major support zones often leads to cascading liquidations and accelerated downside movement.
Support Test Occurs Despite Whale Buying Activity The bearish price action persists even as on-chain data reveals unusual buying patterns. Binance exchange metrics show a significant increase in average withdrawal sizes during the decline.
The 14-day simple moving average of mean outflows has doubled from approximately 6 BTC on January 28 to 13.3 BTC by February 8.
This withdrawal pattern indicates whale and institutional activity at current price levels. Large entities appear to be accumulating Bitcoin around $69,000 despite the technical deterioration.
The average outflow size represents the highest level recorded since November 2024, according to CryptoOnchain data.
However, this accumulation has not yet translated into price stability or reversal. The gap between falling prices and rising withdrawal sizes creates a divergence worth monitoring. Smart money appears to be positioning for longer-term gains while accepting near-term downside risk.
Moving coins off exchanges to cold storage traditionally reduces immediate selling pressure. Yet the current market structure suggests this effect remains insufficient to halt the decline.
Bulls need price to reclaim $82,000 first, then push back into the low-to-mid $90,000s to establish a credible bottoming range. Without holding the $69,000 to $72,000 support zone, those recovery targets become increasingly distant possibilities.
2026-02-09 21:061mo ago
2026-02-09 15:591mo ago
Polymarket odds rebound as Bitcoin stabilizes near $70K after volatility
Bitcoin traders have begun rebuilding upside expectations following last week’s sharp sell-off. Prediction market data shows a rebound in confidence even as spot price action and derivatives positioning remain cautious.
On Polymarket, traders are currently pricing a 61% probability that Bitcoin reaches $75,000 in February, up roughly 8 percentage points from recent lows.
The shift follows a period of heightened volatility that saw Bitcoin briefly slide into the high-$60,000 range before stabilizing near $70,000.
Prediction markets signal recovering confidence The move higher in Polymarket odds reflects a reassessment of upside risk after the sell-off rather than a decisive change in trend.
While a 61% probability indicates the outcome is favored, it also implies that a sizable portion of traders—nearly 40%—remain unconvinced that Bitcoin will clear the $75,000 level within the month.
Source: Polymarket
Trading activity on the contract has been active, with tens of millions of dollars in volume. It suggests the odds are responding quickly to price movements rather than drifting on thin liquidity.
Bitcoin spot price stabilizes, trend remains fragile Bitcoin’s spot price has rebounded modestly from recent lows and is hovering around $70,000–71,000, but the broader structure remains weak.
Price is still trading below key moving averages, and the longer-term trend continues to slope lower following the January breakdown.
Source: TradingView
Volume spiked during the sell-off and eased during the rebound, a pattern typically associated with liquidation-led moves rather than renewed accumulation. While some dip buying has emerged near the lows, there is limited evidence so far of sustained follow-through.
Derivatives positioning stays defensive Derivatives data adds another layer of caution. According to Coinglass, the Bitcoin long/short ratio has remained tilted toward the short side, with aggressive sell orders dominating taker volume during and after the drop.
Notably, there has been no sustained surge in long positioning alongside the rebound in spot prices.
Source: Coinglass
This suggests that while expectations have improved, traders have been hesitant to reintroduce leverage, preferring to wait for clearer confirmation from price action.
Expectations improve faster than Bitcoin positioning The data points to a market that has absorbed a volatility shock but has not yet transitioned back into a risk-on phase.
Prediction markets are signaling renewed optimism around February upside, but spot trends and derivatives positioning indicate continued caution.
For now, Bitcoin is in a stabilization phase, with sentiment recovering more quickly than conviction across leveraged markets.
Final Thoughts Polymarket odds show recovering confidence after Bitcoin’s sell-off, but expectations remain far from unanimous. Spot price and derivatives data suggest stabilization rather than a confirmed return to upside momentum.
2026-02-09 21:061mo ago
2026-02-09 16:001mo ago
World Liberty Financial Surges to $1.4B With Trump Family Connections
World Liberty Financial generated $1.4 billion for the Trump and Witkoff families since November 2024, including $1.2 billion in cash and $2.25 billion in paper gains from crypto holdings.
The Witkoffs received at least $200 million. The Trump family entity owns 70% of the WLFI token flow, while other family members hold 30%. Co-founders Zak Folkman and Chase Herro receive 12.5% of the token revenue.
On January 16, envoys of Sheikh Tahnoon bin Zayed Al Nahyan purchased 49% of World Liberty for $500 million. The Trump family received $187 million upfront, and the Witkoffs $31 million.
World Liberty acquired a controlling stake in Alt5 Sigma (NASDAQ: ALTS). Alt5 raised $750 million by selling shares at $7.50 each and used the funds to buy WLFI tokens at $0.20, sending over $500 million to the Trump entities and $90 million to the Witkoffs. After Alt5 fell to $1.70, WLFI tokens dropped to $0.10.
Eric Trump holds $90 million in American Bitcoin (NASDAQ: BTCM), which raised $220 million in June and reached a market capitalization above $5 billion in September. Shares currently trade around $1.30. The White House and WLFI state that no conflicts of interest exist and that the companies operate independently.
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
2026-02-09 21:061mo ago
2026-02-09 16:001mo ago
Bitcoin's Quantum Risk Is Smaller Than Feared, Researcher Says
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
The Bitcoin market shrugged, but the conversation about quantum computers and Bitcoin popped back into feeds this week. It’s an old worry that keeps coming up: could future machines break the cryptography that protects wallets?
Based on reports from CoinShares and comments from long-time Bitcoin voices, the real story is less about an immediate panic and more about practical planning and who would actually be at risk.
Public Keys Expose A Small Slice Reports say that only 10,230 BTC sit in addresses where public keys are already visible, and that changes the math. Those coins would be the easiest targets if a powerful quantum machine appeared.
Around 7,000 BTC sit in mid-size wallets holding between 100 and 1,000 coins. About 3,230 BTC live in larger addresses holding between 1,000 and 10,000 coins.
At today’s values that stake is worth several hundred million dollars. That’s big money, but it’s not the same as a collapse of the protocol. An aggressive theft of that size would look like a heavy trade or a major security incident, not a network failure.
Quantum Hardware Still Falls Short According to experts, the algorithmic threat is straightforward: Shor’s algorithm would attack elliptic-curve signatures and Grover’s algorithm would weaken SHA-256 hashing.
But reports note a huge gap between experiment and attack. Current machines run at a little over 100 qubits in experimental setups. An effective break would need millions of stable, error-corrected qubits.
That kind of hardware has not been built. In short: the math shows a possible route, but the engineering is far from ready.
Old Coins, The Real Operational Headache Many of the more exposed addresses date back to Bitcoin’s early days and contain coins that have never moved. That makes them special. When those keys were first used, best practices were different.
Now, those same keys are a known point of weakness if quantum computing power ever arrives. Movement of those coins would be messy. Custodians, exchanges, and individual holders would all need to coordinate.
A technical fix could be proposed and adopted. The hard work would be getting people to update software and migrate keys before any real danger materializes. That is a logistics problem more than a cryptography puzzle.
BTCUSD trading at $69,054 on the 24-hour chart: TradingView Veteran Voices Call For Early Work According to Andreas Antonopoulos, a well-known Bitcoin and cryptocurrency expert, the threat is real but distant; he urges preparation rather than alarm.
British cryptographer Adam Back has said planning can happen in an orderly way, and panic is unnecessary so long as steps start now.
Those views line up: upgrade paths should be designed, wallets must discourage key reuse, and the community should test migration procedures.
If action is taken early, there’s ample room to make the shift without rushing or breaking systems.
Featured image from Crypto Valley Journal, chart from TradingView
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.
2026-02-09 21:061mo ago
2026-02-09 16:001mo ago
Why Cardano's Open Interest shift signals more trouble for ADA
Cardano [ADA] exited the top 10 list of crypto assets by market cap, ceding the position to Bitcoin Cash [BCH]. It was down 3.8% in 24 hours and 10.7% in a week, and these losses could accelerate as Bitcoin [BTC] slid back below the $70k mark at the time of writing.
AMBCrypto reported that Cardano was making multi-year lows by threatening to fall below $0.25. The Holder conviction was being severely tested. At the same time, Grayscale continued to add ADA to its smart contract fund.
It was also reported that the current ADA relief rally would not last long. Other metrics helped explain why the altcoin’s upside potential was deeply affected.
Decoding Cardano’s Open Interest concentration Through a post on X, crypto intelligence platform Alphractal’s Founder and CEO, Joao Wedson, unveiled an impactful insight. In 2023, the 80% of the total Open Interest of Cardano was concentrated in Binance.
It was only 22% in 2026. A high OI share on Binance tends to fuel altcoin rallies. A more fragmented OI share sees altcoins weakened.
Solana [SOL] showed a similar pattern. During the 2023 rally from $20 to $200, the Binance OI dominance rose to 52% before falling away in 2024. The sustained decline has seen SOL unable to maintain its upward momentum.
Cardano’s supply distribution showed that only small holders with fewer than 100 ADA were accumulating. Most other groups have been selling since November, as reflected in the declining number of addresses in those ranges. The only exception was the 1M–10M ADA cohort.
This whale activity signaled weak conviction among larger holders. In late 2024, whales were accumulating, which coincided with ADA’s rally from $0.36 to $1.23.
The weak market-wide sentiment, combined with smart money distribution and a fragmented Open Interest share away from Binance, underlined the trifecta of bearish factors that would likely see Cardano fall lower down the list of top crypto assets in 2026.
Final Thoughts The Cardano Open Interest fragmentation away from Binance followed a worrying pattern for ADA bulls. The whale distribution and Bitcoin weakness cemented the long-term bearish case for the altcoin.
Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories. His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity. Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution. As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.
2026-02-09 20:061mo ago
2026-02-09 14:291mo ago
Deadline Alert: F5, Inc. (FFIV) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
LOS ANGELES, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming February 17, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired F5, Inc. (“F5” or the “Company”) (NASDAQ: FFIV) securities between October 28, 2024 and October 27, 2025, inclusive (the “Class Period”).
IF YOU SUFFERED A LOSS ON YOUR F5 INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.
What Happened?
On October 15, 2025, F5 disclosed that a “highly sophisticated nation-state threat actor had gained unauthorized access to certain Company systems” and “maintained long-term, persistent access to certain F5 systems, including the BIG-IP product development environment and engineering knowledge management platform.” Additionally, the Company stated that “[t]rough this access, certain files were exfiltrated, some of which contained certain portions of the Company’s BIG-IP source code and information about undisclosed vulnerabilities that it was working on in BIG-IP.”
On this news, F5’s stock price fell $35.40, or 10.7%, to close at $295.35 per share on October 16, 2025, thereby injuring investors.
Then, on October 27, 2025, after market hours, F5 released its fourth quarter fiscal 2025 financial results, providing low growth expectations for fiscal 2026 due primarily to the Security Breach, stating that the Company expected reductions to sales and renewals, elongated sales cycles, terminated projections, and increased expenses attributed to ongoing remediation efforts.
On this news, F5’s stock price fell $22.83, or 7.8%, to close at $267.58 per share on October 28, 2025, thereby injuring investors further.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) F5 was the subject of a significant security incident, placing its clientele’s security and the Company’s future prospects at significant risk; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired F5 securities during the Class Period, you may move the Court no later than February 17, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
2026-02-09 20:061mo ago
2026-02-09 14:301mo ago
Novo Nordisk vs. Eli Lilly: What's the Better Long-Term Investment?
These stocks have been going in opposite directions of late, but that doesn't mean that trend will continue.
Novo Nordisk (NVO +4.47%) and Eli Lilly (LLY 0.57%) are rivals in the GLP-1 drug market and are behemoths in the healthcare sector, with massive valuations. But these stocks have been going in opposite directions in the past year. While Eli Lilly has been soaring to new heights, Novo has been in a seemingly endless tailspin.
It's important to remember, however, that the past doesn't predict the future. Below, I'll look at which of these healthcare stocks may possess more upside from here on out, and which one may be the better long-term investment if you invest today.
Image source: Getty Images.
Eli Lilly's growth has been far more impressive Eli Lilly has generated incredible results due to the stellar performance of its GLP-1 products, Mounjaro (approved for diabetes) and Zepbound (approved for weight loss). Combined, they are generating nearly $12 billion in sales on a quarterly basis and are responsible for the vast majority of Eli Lilly's growth. This year, the company anticipates its full-year revenue will be within a range of $80 billion to $83 billion, which would suggest a growth rate as high as 27%.
Today's Change
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-0.57
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Current Price
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1052.11
Novo Nordisk, on the other hand, has been struggling with rising competition. What has spooked investors is that the company is projecting that its adjusted sales growth rate for this year will be negative; Novo projects its top line will decline between 5% to 13% (on an adjusted basis, reflecting its true organic growth). The company has been battling compounding pharmacies and is suing Hims & Hers, alleging that its compounded drugs infringe on Novo's patents. If it can successfully put a stop to copycat drugs, that could help improve Novo's troubling growth prospects.
Today's Change
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Current Price
$
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Are these stocks mispriced? Eli Lilly stock trades at around 46 times its trailing earnings, while Novo Nordisk is at a price-to-earnings multiple of just 13. That's a significant difference in valuation, reflecting how investors are viewing the stocks these days. This may, however, reflect too much optimism around Eli Lilly's stock and perhaps too much bearishness around Novo Nordisk.
The price you pay for a stock can have a drastic impact on your overall returns, as buying high could mean limited gains (or perhaps even lead to losses) if the company fails to meet high expectations. Meanwhile, buying at a significant discount could leave you with a healthy buffer and set you up for better returns down the road.
This is why I'd go with Novo Nordisk stock today. While it's facing some adversity right now, investors shouldn't count it out. There's still a lot of hope for the company as it's in the midst of rolling out its GLP-1 weight loss pill, and its growth days are far from being over. It may be a bit of a contrarian pick right now, but it may generate better results than Eli Lilly, given its more attractive valuation.
2026-02-09 20:061mo ago
2026-02-09 14:301mo ago
Investor Notice: Shareholder Rights Law Firm Robbins LLP Informs Investors of the Inovio Pharmaceuticals, Inc. Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs stockholders that a class action was filed on behalf of all persons that purchased or otherwise acquired Inovio Pharmaceuticals, Inc. (NASDAQ: INO) securities between October 10, 2023 and December 26, 2025. Inovio is a biotechnology company focused on the discovery, development, and commercialization of DNA medicines to treat and protect people from diseases associated with, inter alia, human papillomavirus (“HPV”).
Robbins LLP is Investigating Allegations that Inovio Pharmaceuticals, Inc. (INO) Misled Investors Regarding Approval for its CELLECTRA Device
Share For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations that Inovio Pharmaceuticals, Inc. (INO) Misled Investors Regarding Approval for its CELLECTRA Device
According to the complaint, during the class period, defendant failed to disclose that: (i) manufacturing for Inovio’s CELLECTRA device was deficient; (ii) accordingly, Inovio was unlikely to submit the INO-3107 BLA to the FDA by the second half of 2024; (iii) Inovio had insufficient information to justify the INO-3107 BLA’s eligibility for FDA accelerated approval or priority review; and (iv) accordingly, INO-3107’s overall regulatory and commercial prospects were overstated.
Plaintiff alleges that on August 8, 2024, Inovio issued a press release reporting its financial results and recent business highlights for the second quarter of 2024, revealing that Inovio expected to submit the INO-3107 BLA to the FDA in mid-2025—representing an approximate full-year delay from defendants’ initially projected mid-2024 submission timeline—because of “a manufacturing issue” with a component of the CELLECTRA device. On this news, Inovio’s stock price fell $0.27 per share, or 3.1%, to close at $8.44 per share on August 9, 2024.
Then, on December 29, 2025, Inovio issued a press release announcing that the FDA had accepted the INO-3107 BLA on a standard rather than accelerated review timeline. Because the Company did not submit adequate information to justify eligibility for accelerated approval. Defendants further advised that Inovio does not plan to seek approval under the standard review timeline and would request a meeting with the FDA to discuss how it may still pursue accelerated approval. On this news, Inovio’s stock price fell $0.56 per share, or 24.45%, to close at $1.73 per share on December 29, 2025.
What Now: You may be eligible to participate in the class action against Inovio Pharmaceuticals, Inc. Shareholders, who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against Inovio Pharmaceuticals, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
2026-02-09 20:061mo ago
2026-02-09 14:301mo ago
Instagram is internally testing a new Snapchat rival app
By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Jakub Porzycki/NurPhoto via Getty Images 2026-02-09T19:30:19.445Z
Instagram is building an internal prototype of a new app that's similar to Snapchat. The disappearing photos app is being called "Instants." A Meta spokesperson confirmed the internal prototype is not testing externally. Hey Meta, are you also nostalgic for 2016?
As social media users wax poetic and share throwbacks about the social media heyday of 2016, it seems Meta wants to revive a piece of it.
The tech giant is working on an internal prototype of a new stand-alone app for sending disappearing photos, a spokesperson confirmed to Business Insider.
Yes, that does sound like Snapchat's original premise.
According to a screenshot shared by mobile developer Alessandro Paluzzi, who reverse engineers Instagram to reveal prototypes, the app is being called "Instants."
"Share disappearing photos with friends," Paluzzi's rendering says.
The Meta spokesperson said the stand-alone Instants app is not testing externally.
Instagram has also been testing a feature called Instants, which was previously called "Shots," with some users of its main app. It has been a limited test available to "some countries globally," the Meta spokesperson said.
The Instants feature lets Instagram users quickly send disappearing photos in their direct-messaging inbox. Once the photo message is opened, the photo disappears and expires 24 hours after sending, per Instagram's Help Center.
Instants can only be "sent to followers you follow back," the same help page says. The photos cannot be edited.
This isn't the first time Instagram has rolled out disappearing messaging tools.
In 2016, Instagram launched tools for disappearing text and photos in its DM product. The platform also introduced "Vanish Mode" in 2020, which lets users turn on disappearing messages by swiping up in the DM thread. These features are still live within the Instagram app, but Instants would be a new way to send disappearing content to friends.
A new app from Meta shouldn't come as a surprise. It's rolled out several stand-alone apps in the company's recent history, including Threads, Edits, and Meta AI.
More friends, more SnapchatInstagram has been doubling down on ways for friends — which Meta defines as people who mutually follow each other — to interact on the app.
Meta seems to be looking at Snapchat as a frequent source of inspiration for how people communicate with their closest friends.
Disappearing messages aren't the only way Instagram has imitated Snapchat. Stories, famously, was a clone of Snapchat's highly successful product. Last year, Instagram also launched a social map feature similar to Snapchat's Snap Map.
There's a reason Snap CEO Evan Spiegel keeps "VP Product @ Meta" in his LinkedIn bio.
Instagram Meta Snapchat More Exclusive
Read next
2026-02-09 20:061mo ago
2026-02-09 14:311mo ago
2 Internet Content Stocks to Buy From a Prospering Industry
The Zacks Internet - Content industry participants are benefiting from solid demand for digital offerings, as well as the increasing importance of video content and cloud-based applications. The rapid deployment of AI, Generative AI and large language models is aiding industry players in enhancing the recommendation and search functions of their platforms, thereby improving user experience. Participants like RELX (RELX - Free Report) and Yelp (YELP - Free Report) are expanding their presence across social media, display and connected TV and search, driving top-line growth. However, the industry has been suffering from challenging macroeconomic conditions globally, which is having a detrimental effect on advertising spending, the primary revenue source for industry participants.
Industry Description The Zacks Internet - Content industry comprises providers of video encoding platforms, personal services, Internet content and information, staffing and outsourcing services, publishing, capital markets, media-based, home service, digital insights and measurement, stock photo, video and music licensing, and online travel companies. The industry is witnessing a rapid change in consumer behavior and ongoing digitalization. Advertising is a major revenue source for industry participants. Therefore, these companies are trying to expand their digital presence to win customers. They are also expanding their presence across social media, display and connected TV and search. Apart from the United States, a number of companies in this industry are located in Israel, the U.K., Germany, Russia and China.
3 Trends Shaping the Future of the Internet - Content Industry Demand for Digital Offerings Growing: The industry is characterized by rapid technological change, frequent product and service introductions, and evolving standards. An expanding range of mobile, digital and cloud-based offerings by industry participants is a major growth driver. The proliferation of smart devices and the increasing automation of the application development process bode well.
Industry Prospects Driven by Ad Spending Rate: Industry participants are focusing on marketing efforts to boost traffic to websites. Advertising and subscriptions are major revenue sources for these companies. The industry is dependent on consumer spending trends, making holiday spending a major deciding factor. However, macroeconomic challenges are expected to hurt ad spending in the near term.
Increasing Regulations Mar Prospects: Industry participants involved in online search and other social networking activities are increasingly facing regulatory pressure, particularly in China and the European Union (“EU”). The China government has a number of regulations related to direct advertising, which is a prime revenue source for these companies. The implementation of the General Data Protection Regulation in the EU adds to the concerns. Enactment of the Digital Markets Act (DMA) in the EU aims to prevent large online platforms that connect users with content, goods, information and services from abusing their market power. The DMA adds to the headwinds faced by Internet content providers in the EU.
Zacks Industry Rank Indicates Bullish Prospects The Zacks Internet - Content industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #55, which places it in the top 23% of more than 250 Zacks industries.
The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates dim near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
The industry’s position in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are optimistic about this group’s earnings growth potential. Since Nov. 30, 2025, the Zacks Consensus Estimate for the industry’s 2026 earnings has moved up 4.1%.
Given the bullish industry outlook, there are a number of stocks worth following. But before we present the stocks that you may want to consider for your portfolio, let us take a look at the industry’s recent stock market performance and valuation.
Industry Lags S&P and Sector The Zacks Internet - Content industry has underperformed the broader Zacks Computer and Technology sector, as well as the S&P 500 composite, over the past year.
The industry has dropped 40.3% over this period compared with the S&P 500 sector’s appreciation of 16.8% and the 21.8% rise of the broader sector.
One-Year Price Performance
Industry's Current Valuation On the basis of the trailing 12-month price-to-sales ratio (P/S), which is a commonly used multiple for valuing Internet – Content stocks, we see that the industry is currently trading at 3.66X compared with the S&P 500’s 6.61X and the sector’s 8.32X.
Over the last five years, the industry has traded as high as 6.6X and as low as 3.33X, the median being 4.98X, as the charts below show.
Trailing 12-Month Price-to-Sales (P/S) Ratio
2 Internet Stocks to Buy RELX: This Zacks Rank #1 (Strong Buy) company is benefiting from the ongoing shift in business mix toward higher growth analytics and decision tools that deliver enhanced value to its customers. You can see the complete list of today’s Zacks #1 Rank stocks here.
Business Services, which represents roughly 40% of divisional revenues, is benefiting from strong growth in Financial Crime Compliance and Fraud & Identity solutions. RELX is also benefiting from strong Insurance solution business.
The Zacks Consensus Estimate for RELX’s 2026 earnings has been steady at $1.95 per share over the past 30 days. RELX shares have declined 41.9% in the past year.
Price & Consensus: RELX
Yelp: This Zacks Rank #2 (Buy) stock is benefiting from higher ad spending, an increase in Paying Advertising Locations and an improvement in the non-term customer retention rate. YELP is witnessing an acceleration in consumer traffic across app-unique devices. A significant improvement in cumulative reviews is encouraging as well. Its sustained focus on expanding the product portfolio is likely to drive its revenues further.
Yelp's continued investment in AI and machine learning is expected to boost engagement and loyalty on its platform, contributing to sustained revenue growth. The Zacks Consensus Estimate for YELP’s 2026 earnings has been steady at $2.39 per share over the past 30 days. Yelp shares have dropped 39.3% in the past year.
Price & Consensus: YELP
2026-02-09 20:061mo ago
2026-02-09 14:311mo ago
Apollo Global Stock Up as Q4 Earnings Top Estimates, AUM Increases Y/Y
Key Takeaways Apollo Global posted Q4 ANI of $2.47 per share, beating estimates and topping the prior-year quarter.APO shares rose nearly 2.6% early after results, supported by a 30.3% year-over-year jump in revenues.APO's total AUM climbed 24.9% year over year to $938 billion, fueled by strong asset management inflows. Apollo Global Management, LLC’s (APO - Free Report) fourth-quarter 2025 adjusted net income (ANI) per share of $2.47 surpassed the Zacks Consensus Estimate of $2.03. Further, the reported figure compared favorably with the year-ago adjusted net income of $2.22.
Shares of the company gained nearly 2.6% in the early trading session following the release of better-than-expected results. A full day’s trading session will depict a clearer picture.
Results were primarily aided by an increased assets under management (AUM) balance. However, rising expenses acted as a headwind in the quarter.
The results include certain items. After considering those, net income attributable to Apollo Global (GAAP basis) was $660 million, which declined from $1.46 billion in the prior-year quarter.
For 2025, ANI per share was $8.38, which surpassed the Zacks Consensus Estimate of $7.94. This compares favorably with $7.43 reported in the prior year. GAAP net income attributable to Apollo Global was $3.39 billion, which declined 24.2% year over year.
APO’s Quarterly Revenues & Expenses RiseTotal revenues were $1.2 billion, up 30.3% year over year. Also, it topped the Zacks Consensus Estimate by 4.4%.
Full-year revenues were $4.5 billion, which increased 22.3% year over year. The top line beat the Zacks Consensus Estimate of $4.4 billion.
Total expenses for combined segments rose 25.3% year over year to $218 million in the reported quarter.
Apollo Global’s AUM Balance RisesFee-earnings AUM increased 24.6% on a year-over-year basis to $709 billion. The rise was driven by strong management fee growth and record capital solutions fees. Asset Management contributed $104 billion in inflows, driven by fundraising across institutional and global wealth channels, as well as $21 billion related to the acquisition of Bridge Investment Holdings, while Retirement Services contributed $83 billion to gross inflows, driven by robust organic growth.
As of Dec. 31, 2025, total AUM was $938 billion, up 24.9% on a year-over-year basis. Total AUM benefited from $145 billion in inflows from Asset Management and $83 billion in gross inflows from Retirement Services, partially offset by $60 billion in outflows, driven by normal course activity at Athene and $22 billion from realization activity.
APO’s Capital & Liquidity Position WeakAs of Dec. 31, 2025, Apollo Global had cash and cash equivalents of $3.3 billion and debt of $5.5 billion.
Apollo Global’s Capital Distribution UpdateThe company announced a quarterly cash distribution of 51 cents per share with its earnings release. This dividend will be paid out on Feb. 27, 2026, to shareholders of record as of Feb. 19.
Our Viewpoint on APOApollo Global’s decent organic growth and increasing AUM balance look encouraging. The company’s fourth-quarter results reflect broad-based momentum across the platform. Its quarterly origination volume was robust, driven by a diverse array of investing activity across debt origination platforms, core credit, high-grade capital solutions and equity origination. The acquisition of Bridge Investment Group Holdings Inc. expands Apollo Global’s real estate expertise and strengthens its wealth business, supporting its financials.
Apollo Global Management Inc. Price, Consensus and EPS SurpriseCurrently, Apollo Global carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of APO’s PeersInvesco’s (IVZ - Free Report) fourth-quarter 2025 adjusted earnings of 62 cents per share surpassed the Zacks Consensus Estimate of 57 cents. The bottom line increased 19.2% from the prior-year quarter.
IVZ’s results have been primarily aided by an increase in adjusted revenues. Moreover, growth in the assets under management balance to record levels supported the results to an extent. However, an increase in adjusted operating expenses was a headwind.
Franklin Resources Inc. (BEN - Free Report) reported first-quarter fiscal 2026 (ended Dec. 31, 2025) adjusted earnings of 70 cents per share, which surpassed the Zacks Consensus Estimate of 55 cents per share. Also, the bottom line compared favorably with 59 cents reported in the year-ago quarter.
BEN’s results benefited from higher revenues and an improved assets under management balance. However, higher expenses remained a headwind.
2026-02-09 20:061mo ago
2026-02-09 14:341mo ago
How crypto's 2026 slide is dragging ETFs, according to GraniteShares CEO Will Rhind
GraniteShares CEO and founder Will Rhind sits down with CNBC's MacKenzie Sigalos to discuss how the crypto volatility is shaping the innovation in the ETF landscape.
Nio could be a great play on China's booming EV market.
Nio (NIO 3.17%), a major producer of electric vehicles (EVs) in China, went public at $6.26 per ADR in 2018. But today, its stock still trades at less than $5 with a market cap of 88.4 billion yuan ($12.7 billion), which values the company at less than one times this year's sales.
Nio's valuations are likely being compressed by the intense macro and competitive headwinds for China's crowded EV market. However, I believe Nio's stock is undervalued at these levels -- and it could easily turn a modest $1,000 investment into a lot more money over the long term.
Image source: Nio.
What happened to Nio over the past few years? Nio's namesake brand, which accounts for most of its revenue, sells a broad range of electric sedans and SUVs. Its newer Onvo and Firefly sub-brands, which are growing faster, sell cheaper SUVs and compact cars, respectively.
Nio differentiates itself from competitors with swappable batteries, which can be quickly replaced at its own battery-swapping stations as a faster alternative to traditional charging. It's also gradually expanding into Europe to reduce its dependence on the Chinese market.
Today's Change
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Nio now operates more than 3,500 battery swap stations across China and Europe, up from just 777 at the end of 2021. From 2021 to 2024, its annual vehicle deliveries more than doubled from 91,429 to 221,970. It expects to deliver about 336,221 vehicles for 2025, with most of that growth driven by its higher-end Nio vehicles and newer Onvo and Firefly cars.
Nio's vehicle margin fell from a peak of 20.1% in 2021 to 12.3% in 2024, but that figure stabilized and expanded throughout 2025 as it sold a higher mix of higher-margin vehicles. It also recently predicted it would generate its first quarterly profit -- by both GAAP (generally accepted accounting principles) and non-GAAP measures -- in the fourth quarter of 2025.
Why is Nio's stock undervalued? From 2025 to 2027, analysts expect Nio's revenue to grow at a 29% CAGR. If Nio meets those expectations and trades at a more generous 5x forward sales by the beginning of next year, its stock could soar more than 8x over the next 12 months.
For reference, Tesla (TSLA +2.13%) -- which is larger but growing more slowly -- trades at 15 times this year's sales. Therefore, Nio could be one of the best EV stocks to buy right now, as long as you're willing to tune out all of the near-term market noise.
Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
2026-02-09 20:061mo ago
2026-02-09 14:351mo ago
ROSEN, THE FIRST FILING FIRM, Encourages Richtech Robotics Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – RR
WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Richtech Robotics Inc. (NASDAQ: RR) between January 27, 2026 and 12:00 PM ET on January 29, 2026, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 3, 2026 in the securities class action first filed by the Firm.
SO WHAT: If you purchased Richtech Robotics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Richtech Robotics class action, go to https://rosenlegal.com/submit-form/?case_id=51742 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Richtech claimed that it had a collaborative and commercial relationship with Microsoft when it did not; and (2) as a result, defendants’ statements about Richtech’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Richtech Robotics class action, go to https://rosenlegal.com/submit-form/?case_id=51742 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
2026-02-09 20:061mo ago
2026-02-09 14:351mo ago
3 Reasons to Hold ServiceNow Stock Despite a 42% Decline in 3 Months
Key Takeaways NOW shares fell 41.9% in three months, underperforming peers amid margin concerns and execution risks.NOW is seeing strong AI adoption, with Now Assist ACV topping $600M and usage expanding across workflows.NOW trades at a discounted forward P/S versus its industry despite higher AI spending and integration risks. ServiceNow’s (NOW - Free Report) shares have plunged 41.9% over the past three months, significantly lagging the Zacks Computer and Technology sector’s 1.8% decline and the Financial- Miscellaneous Services industry’s 15.6% drop.
ServiceNow's recent decline reflects concerns about short-term growth, rising AI and cloud spending, and acquisition integration risks. Even with solid fundamentals, first-quarter subscription guidance headwinds and higher investment have made investors more careful about margins and execution, putting pressure on the stock.
NOW’s stock has also underperformed relative to competitors, including SAP (SAP - Free Report) , Microsoft (MSFT - Free Report) and Salesforce (CRM - Free Report) . Over the same period, shares of SAP, Microsoft and Salesforce declined 19.3%, 20.8% and 20.9%, respectively.
SAP, Salesforce and Microsoft compete with ServiceNow by embedding service management and workflow automation into their larger enterprise platforms. SAP integrates these capabilities within its ERP ecosystem, Salesforce extends customer-centric workflows through its cloud platform, and Microsoft combines automation with Dynamics 365 and Power Platform.
NOW Three-Month Price Performance
Image Source: Zacks Investment Research
Despite the recent sell-off, the key question is whether ServiceNow’s fundamentals support maintaining a hold stance. Let’s examine the underlying factors.
Rapid Adoption of AI-Native Products Boosts NOWServiceNow is experiencing increased adoption of its AI-native products, especially Now Assist and the AI Control Tower, demonstrating that AI is moving from experimentation to integrated workflow execution. Now Assist exceeded $600 million in ACV, with new ACV more than doubling year over year and a significant rise in contracts over $1 million. Customers are expanding deployments across various workflow areas, indicating confidence in AI-enhanced productivity, automation and service outcomes. Additionally, the rising adoption rate of the AI Control Tower further solidifies ServiceNow's leadership in managing and orchestrating enterprise AI initiatives.
The pace of adoption is translating into platform growth, with enterprises scaling assist entitlements based on proven returns. Many customers are increasing AI use to automate customer service and operations. Products like Workflow Data Fabric and CPQ are commonly bundled with Now Assist, strengthening adoption and platform stickiness. As AI projects shift from testing to full production, monetization is accelerating, supporting steady subscription growth.
NOW Benefits From an Expanding Partner AlliancesServiceNow is leveraging a rapidly expanding partner ecosystem to accelerate enterprise AI adoption and strengthen interoperability. Deep integrations with Microsoft, OpenAI and Anthropic, helping enterprises deploy agent-driven workflows with strong oversight and protection. Partnerships with NTT DATA and hyperscalers further extend implementation reach and AI delivery capabilities, positioning ServiceNow as the orchestration layer that connects copilots, agents and enterprise data across environments.
Industry-focused alliances are also driving platform expansion. Collaborations with companies like Fiserv and Panasonic Avionics embed ServiceNow AI into sector-specific operational workflows, reinforcing real-world use cases and cross-platform value. These partnerships expand distribution, accelerate innovation and strengthen ServiceNow's position as a central hub for enterprise AI implementation.
ServiceNow’s Valuation Looks AppealingServiceNow’s valuation remains discounted relative to its industry, reflected in a forward 12-month P/S multiple of 6.48X compared with the 13.88X industry average. The gap between the company's valuation and the broader industry creates room for appreciation as fundamentals continue to support the business.
Price/Sales Ratio (F12M)
Image Source: Zacks Investment Research
Even as ServiceNow delivers solid growth supported by AI and workflow adoption, its risk profile is becoming more visible. Investments in hyperscaler capacity and AI infrastructure pressure margins, while deployment mix transitions create temporary revenue headwinds. Integration of Moveworks, Armis and Veza adds execution demands. Elevated operating costs and macroeconomic or currency volatility may further temper margin expansion.
Technically, NOW shares are trading below the 50-day and 200-day moving averages, indicating a bearish trend.
NOW Trades Below the 50-Day and 200-Day SMAs
Image Source: Zacks Investment Research
ConclusionServiceNow’s accelerating AI-native adoption, expanding partner ecosystem and discounted valuation reinforce its long-term growth outlook and platform stickiness. However, elevated AI spending, acquisition integration risks and weak technical momentum may pressure margins and investor sentiment in the near term. With meaningful growth opportunities offset by near-term pressures, it is sensible for investors to maintain a hold position for the time being.
ServiceNow currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-02-09 20:061mo ago
2026-02-09 14:391mo ago
Microsoft's AI Spend Looks Scary, Until You Run The Numbers
Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSFT 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.
2026-02-09 20:061mo ago
2026-02-09 14:401mo ago
Gold "Overbought" Not "Over Owned," Silver's Rebound After "Unsustainable" Rally
Aakash Doshi is someone who saw January's "historic" rise in silver and gold prices as "unsustainable," calling the recent pullback one that was much needed. That said, he sees gold as a dip-buying opportunity after markets stabilized.