Insights

Federal Reserve Board Governor Christopher Waller stated on February 9 that recent sharp fluctuations in Bitcoin indicate that the TACO trading frenzy that occurred when the Trump administration took office has subsided. Bitcoin fell to $60,000 on February 5, nearly erasing the gains since Trump's election. Waller pointed out that the surge in volatility is driven by regulatory uncertainty and institutional risk management, with companies entering through ETFs being forced to close positions.

Lawyer Bill Morgan revisits the 2013 article "The Promise of Ripple," in which journalist Felix Salmon stated that XRP is superior to Bitcoin. The article is now hard to find, official records are blacked out, and Grok AI claims it does not exist. Morgan believes that Bitcoin's dominance is a human narrative that marginalizes XRP.

The Pi Network core team announced that all nodes must complete the v19.6 upgrade by February 12th. This is a mandatory requirement before the open network phase. Currently, over 16 million users have migrated to the mainnet. This upgrade is a crucial step in the phased transition from v19 to v23, and node operators are not allowed to skip versions and upgrade directly. The KYC verifier reward mechanism has entered final testing and is expected to be officially launched in March.

This article provides an overview of the crypto landscape, including news on Bitcoin, Ethereum, and market indexes, serving as a reliable source for updates in the cryptocurrency domain.

Prominent crypto venture capitalists are locked in a public dispute over whether non-financial use cases in crypto, Web3, and blockchain have stalled due to scarce investor demand and weak product-market fit, or if the best days for these applications—ranging from decentralized social media to

Bitcoin (BTC) continues its sluggish trend, temporarily trading around $70,050 on February 10. Jump Trading will provide liquidity in exchange for a small stake in Kalshi and Polymarket; such market-making agreements are similar to venture capital arrangements. MicroStrategy increased its holdings by 1,142 Bitcoins last week, and BitMine has accumulated a total of 40,000 ETH.

MrBeast's Beast Industries acquires the teen-oriented Step Bank. The YouTuber with 466 million subscribers received a 200 million investment from BitMine in January and applied for the "MrBeast Financial" trademark, including crypto trading services, in October. Step has 6.5 million users and has raised 500 million dollars from celebrities.

Sports blockchain platform Chiliz announces a three-phase roadmap to prepare for the 2026 FIFA World Cup. The plan includes re-entering the US market, launching national team tokens, activating Omnichain cross-chain functionality, and a 10% profit buyback mechanism for CHZ tokens. Future steps will introduce performance-based supply regulation, with victories triggering burns and losses leading to issuance increases. Starting in 2027, sports revenue streams and intellectual property will be tokenized.

Altcoins rebound after three consecutive weeks of decline, increasing the risk of short-squeeze liquidation. ETH, DOGE, and ZEC are at risk of liquidation exceeding $3.1 billion. ETH rebounding to $2,370 will trigger $3 billion in liquidations. DOGE rebounding to $0.109 will trigger $98 million. ZEC received a donation from Ethereum founder Vitalik, with $5 million locked into the Shielded pool.

Research firm Bernstein maintains its Bitcoin forecast of $150,000 by the end of 2026, stating that the current dip is the least threatening downturn in trading history. The analyst team pointed out that recent weakness stems from a shift in market sentiment rather than a fundamental collapse, and this sell-off has not seen leverage crashes, exchange failures, or systemic vulnerabilities. Institutional support remains solid, with participation from spot ETFs, corporate finance, and mainstream asset management firms unchanged. Miner debt structures are healthy enough to withstand a prolonged downturn.

Charles Schwab quietly widened regulated crypto exposure by adding solana-linked futures to its trading platform, signaling deeper integration of digital asset derivatives into mainstream brokerage accounts without requiring direct cryptocurrency ownership. Regulated Solana Futures Enter Schwab

Bitcoin reported $70,000 on February 10, and remains in a sluggish trend. Long-term holders' net positions decreased by 245,000 BTC, but the total supply increased from 13.63 million to 13.81 million, indicating reallocation. On February 6, 66,940 BTC flowed into accumulated addresses, reaching the weekly maximum, indicating whale accumulation. The Sharpe ratio of -10 hits a new low, consistent with the late bear market.

International gold prices rose slightly to $5,044.60 per ounce, while silver prices fell to $82.33. Gold demand strengthened due to geopolitical uncertainties and increased central bank gold purchases, while silver experienced greater volatility influenced by industrial demand. Market preference for defensive assets has increased, related to expectations of Federal Reserve rate cuts. Overall, the price trends of gold and silver are affected by multiple factors, and investors should closely monitor market developments.

Dogecoin consolidates after a sharp selloff, forming a structured bull flag on the four-hour chart. Volume compression and protected lows support continuation rather than renewed downside pressure. Daily RSI shifts from overbought to oversold, signaling seller exhaustion and

_XRP remains capped below resistance as futures positioning and whale distribution tilt short-term risks to the downside._ XRP’s market uncertainty persisted into another trading day after it closed the last session without a clear market direction. As spotted by on-chain observers, the coin is

Bitmine holds significant crypto assets, including 4.3M ETH and 193 BTC, with $595M in cash. It leads in ETH staking and plans for a scalable staking solution in 2026, positioning itself as a strong player amidst market dips.