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A7A5 is a stablecoin denominated in rubles and backed by bank deposits, designed to address financial challenges caused by international sanctions. Since its launch in 2025, it has seen significant trading volume, with a market capitalization of approximately $500 million, and offers an annualized return of up to 15%, but it has not undergone independent audits and lacks authoritative verification.

The failure of the Hurupay project reveals that investors are becoming more rational in the current market environment and are more sensitive to overvalued projects. This failure is closely related to factors such as excessive project valuation, unclear team backgrounds, and changes in financing terms, reflecting the crypto market's shift toward decentralized financing models. In the future, investors should focus on project fundamentals and team backgrounds, while the return of ICOs echoes the demand for fair financing methods.

Against the backdrop of regulatory and high leverage risks in the crypto market, disagreements among institutions are emerging. BitMine has accumulated a large amount of Ethereum through an aggressive accumulation strategy and is using this to deploy income-generating assets, demonstrating confidence in the market. Tom Lee predicts that Ethereum will experience a "V-shaped rebound," reflecting healthy fundamentals. Market recognition of crypto assets is increasing, and institutional investment is shifting toward assets with genuine demand.

As of February 10th, the price of Bitcoin is $68,800, market sentiment is bearish, perpetual contract funding rates have turned negative, and the Crypto Fear & Greed Index has fallen to its lowest point of the year. The total market capitalization is approximately $2.36 trillion, with mainstream tokens generally declining in price, especially Ethereum and SOL, which are under heavy selling pressure. The market faces challenges of decreasing liquidity and macroeconomic uncertainties. Analysts believe that breaking through the key resistance level of $71,000 for Bitcoin is becoming more difficult, and confidence in the crypto market is being tested.

Gate DEX launches the “Gas Station” event, offering multi-dimensional gas fee waiver trading subsidies for both new and existing users. New users can enjoy 3 gas-free opportunities within 7 days, while existing users receive 2 gas-free benefits per month. Recharging with at least 50 USDT can additionally activate the benefit. The event runs from February 10 to 25, 2026, with restrictions on device IDs and accounts.

Monero price has fallen 65% from its mid-January high of $799, currently around $423K, indicating that the bear market is still ongoing. Technical charts show a bear flag pattern, with short-term and long-term moving averages close together, suggesting downward pressure. Capital flow has shifted from net outflow to net inflow, indicating that investors are reducing their holdings. Open interest has decreased significantly, reflecting a lack of confidence. If the support level at $314 is broken, the price could further decline to $150. Overall, the risk is high, and market structure changes should be monitored.

Ethereum's recent price correction saw it close at $2,019 on February 10, down approximately 60% from its high. BitMine Chairman Tom Lee bought ETH against the trend and predicted a V-shaped recovery, but the market has debated his theory. Technical analysis indicates that ETH is at a critical juncture, and its future trend will be influenced by technological upgrades and macroeconomic factors. Multiple institutions remain optimistic about its long-term prospects.

Bitcoin hovers between $68,000 and $70,000 on February 10, 2026, facing a severe test from the long-term 100-week moving average's continuous decline. Market sentiment is extremely fearful, and historical data shows that breaking below this moving average could lead to a prolonged correction. Institutional capital outflows and waning interest in Bitcoin are affecting its role as "digital gold," and the future trend remains to be seen.

On February 8, 2026, the cryptocurrency market experienced abnormal fluctuations, with Bitcoin and Ethereum fluctuating over 1% to 3% within one minute. Analysis indicates that this may have been caused by a market maker bot liquidation, leading to decreased market liquidity. Such events not only weaken liquidity but can also trigger chain reactions, further impacting prices. Additionally, traders should pay attention to risk management tools such as appropriate leverage and stop-loss orders to cope with market volatility.

Bitcoin experienced a sharp decline in early February, with the price dropping to around $60,000 before rebounding to the $70,000 range. Market volatility has sparked discussions about the sustainability of the rebound, with many analysts pointing out that the current market is similar to the pre-collapse period of Terra/LUNA in 2022, characterized by excessive leverage and a shift in sentiment from optimism to panic. Investors should pay attention to macroeconomic conditions, regulatory risks, and the behavior of large holders to develop sound investment strategies.

The article analyzes the current situation where Bitcoin's Sharpe ratio has fallen into negative territory, indicating an imbalance between risk and return faced by investors. Although the market has found support around $68,200, fear and high volatility still persist. Historical data shows that extreme lows in the Sharpe ratio often signal market turning points, and current macroeconomic and regulatory uncertainties have increased market complexity. Investors should cautiously adjust their strategies and pay attention to potential catalysts to navigate future volatility.

The Bitcoin market has experienced intense volatility, with a sharp decline after the 2025 all-time high. However, hardware wallet manufacturer Ledger is preparing to go public with a valuation of over $4 billion, demonstrating industry maturity. Ledger's success stems from its solid business model and revenue growth. Despite security and regulatory challenges, its security needs will continue to drive its development.

Solana developer Armani Ferrante and former FTX executive Tristan Yver have created the Backpack exchange, which is developing a brand-new IPO roadmap for cryptocurrency exchanges.
On February 9, 2026, Backpack officially announced a groundbreaking tokenomics plan that directly ties its token unlocks to the company's process of going public in the United States.
Backpack Token Distribution Framework Analysis
The token distribution plan designed by Backpack features a sophisticated and innovative three-layer structure. The plan divides the total supply of 1 billion tokens into three clear stages, with each stage's unlock strictly linked to key milestones in the company's development.
The first stage is the token generation event, where 25% of the tokens are directly released. Of these, 24% are allocated to stakers, and 1% is reserved for Mad

As of February 10th, the price of Bitcoin is $69,000, and the market remains sluggish, with ETF total assets falling below $100 billion. Despite the overall bearish sentiment, institutions like MicroStrategy continue to increase their Bitcoin holdings. Bernstein reports that the current correction represents the "weakest bear market scenario" and notes that corporate holdings are structured to withstand long-term declines. Bitcoin is expected to reach $150,000 by the end of 2026, and the market remains optimistic about future liquidity improvements.

South Korea's Bithumb exchange mistakenly set the reward unit to Bitcoin due to operational errors, causing Bitcoin prices to plummet by 17% in a short period. The incident drew the attention of regulatory authorities, and users suffered losses of 1 billion Korean Won. Although Bitcoin prices have rebounded, the event exposed significant flaws in internal controls and risk management within the industry.

The article analyzes the impact of changes in the U.S. macroeconomy on the crypto market, including non-farm employment data and layoffs reaching a 17-year high, triggering market anxiety. Bitcoin prices fluctuate around $68,000, with institutional capital flows becoming more defensive. Ethereum may break through Bitcoin's key price level; the market should focus on fundamentals and liquidity, adjusting investment strategies to adapt to the new situation.

In the first quarter of 2026, the cryptocurrency market experienced a significant correction, mainly due to shifts in macro sentiment, leveraged liquidations in the derivatives market, and changes in on-chain liquidity. Bitcoin and Ethereum prices declined simultaneously, triggering investor panic. Despite increased short-term volatility, long-term outlook remains optimistic, with core assets still demonstrating resilience. Understanding market dynamics helps in making rational decisions.

Hyperliquid surpasses Coinbase in trading volume, reaching $2.6 trillion, compared to Coinbase's $1.4 trillion. Additionally, Hyperliquid's token price has increased by 31.7%, while Coinbase has decreased by 27.0%. This change reflects the market's preference for decentralized platforms, with technological advantages and user experience becoming new evaluation criteria. Despite the rise of decentralized platforms, centralized exchanges still hold advantages in compliance and fiat channels. In the future, traders should focus on liquidity and underlying technological advancements, as the market moves toward greater efficiency and transparency.

XRP recently rebounded 30%, but on-chain data shows that most short-term holders are selling, with the SOPR indicator remaining below 1, indicating widespread loss-making transactions. Despite market resistance zones and selling pressure, XRP's long-term fundamentals are optimistic due to legal and regulatory improvements, with an expected price of $2.06 by 2031. In the short term, key price levels of $1.44-$1.54 will determine the price direction.

Bitcoin price rebounded from a low of $60,000 to $69,000, with U.S. spot Bitcoin ETFs experiencing consecutive net capital inflows, indicating a market confidence rebound. After a sharp correction, the inflow of funds suggests that institutional investors remain confident, and analysts are optimistic about Bitcoin's long-term prospects, expecting further gains.