Crypto miner and manufacturer Canaan fell 6.9% on the Nasdaq on Tuesday despite reporting a 121.1% year-on-year increase in revenue to $196.3 million in the fourth quarter, driven by an increase in hardware sales and stronger mining performance. Canaan reported that its Bitcoin (BTC) mining revenue rose 98.5% year-on-year to $30.4 million, helping boost its Bitcoin treasury to a record 1,750 BTC, valued at nearly $120 million, while the company also increased its Ether (ETH) holdings to 3,950 ETH, worth $7.9 million. The revenue figure is Canaan’s highest quarterly posting…
Day: February 10, 2026
XRP IS BECOMING CHEAPER & CHEAPER – CZ SAYS SUPERCYCLE IS OVER – XRP SCARCITY STILL IN TACT
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Bitcoin Caught Between Two Liquidity Traps — Which Side Breaks First?
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Sub-$2K ETH Price Levels Emerge As Key Long-Term Demand Zones
Ether (ETH) struggled to hold prices above $2,000 on Tuesday, and against this backdrop, analysts noted that Ether’s 31% decline in 2026 fits a familiar price fractal from previous bull markets. Key takeaways: ETH’s recent dip to $1,736 may mark only the first of many lows in a larger consolidation phase. Onchain cost-basis data clusters from $1,300 to $2,000, reinforcing this range as a potential demand zone. ETH fractal hints at a longer base-building phase A long-term fractal comparison between the 2021-2022 and 2024-2025 cycles suggests that Ether’s sharp sell-off…
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Bitcoin Top Traders Hold Tight Despite 14% Price Recovery
Key takeaways: The Bitcoin long-to-short indicator at Binance hit a 30-day low, signaling a sharp decline in bullish leverage demand. US-listed Bitcoin exchange-traded funds reversed a negative trend with $516 million in net inflows following a period of heavy liquidations. Bitcoin (BTC) has fluctuated within a tight 8% range over the last four days, consolidating near $69,000 after an abrupt slide to $60,130 on Friday. Traders are currently grappling with the primary catalysts for this correction, particularly as the S&P 500 holds near record highs and gold prices have climbed…
Solana Tests Key Support After Sharp Bounce, Analysts Weigh $98–$108 Upside for SOL
Solana’s (SOL) recent price action has put traders on alert once again. After sliding to multi-month lows near the lower-$80 range, SOL staged a sharp rebound of more than 6% in a short period, briefly easing fears of an immediate breakdown. Related Reading: Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend However, the recovery has done little to settle the broader debate. Analysts now see Solana caught between fragile support and overhead resistance, with the $98–$108 zone emerging as a key upside test…
Sam Bankman-Fried Seeks New Trial in FTX Fraud Case
Former FTX chief CEO Sam Bankman-Fried has asked a federal court for a new trial on fraud charges, arguing that previously unavailable witness testimony could undermine the government’s case that led to his 25-year prison sentence. In a motion filed Feb. 5 in Manhattan federal court, Bankman-Fried challenged his 2023 conviction, though the request is separate from his formal appeal, as Bloomberg reported. Motions for a new trial face a high legal bar and are rarely granted. The filing was submitted to the court by Bankman-Fried’s mother, retired Stanford law…
BITCOIN: Next Big Move Is Coming! (soon) – BTC, ETH, XRP Price Prediction Today
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Jim Cramer faces backlash over Bitcoin claims: ‘No evidence’
CNBC’s Jim Cramer claimed the Trump administration may buy Bitcoin for a proposed U.S. Strategic Reserve, reportedly targeting a $60,000 entry price amid recent market volatility — a statement denounced by George Noble, former aide to famed investor Peter Lynch. Summary Cramer suggested on CNBC that the U.S. government would buy Bitcoin at $60,000. The assertion drew backlash from George Noble, who called the claim “complete nonsense” and noted Cramer’s history of inaccurate market predictions. Treasury testimony and blockchain data confirm the government cannot legally buy Bitcoin with public funds;…