Cointelegraph.com
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Found 11128 news
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Cointelegraph.com - 03:55 Feb 10, 2026
Backpack founder Armani Ferrante says the company’s staff and investors won’t get an allocation at its upcoming token launch to avoid insiders “dumping on retail.” Backpack, a crypto exchange founded by former employees of FTX, says it will launch a 1-billion-supply token in the future, with its distribution schedule tied to its goal of going public in the US. Backpack posted to X on Monday that its token launch will begin with 25% of the intended supply, or 250 million tokens, to become available on a yet-to-be-disclosed launch date. Another 37.5% of the total supply, or 375 million pre-IPO tokens, will be made available “upon achievement of key milestones,” which Ferrante said would include opening in a new region or launching a new product. Read more -
Cointelegraph.com - 01:12 Feb 10, 2026
Bitcoin’s Fear & Greed sentiment indicator fell to its lowest ever level, leading some analysts to suggest that $60,000 was the bottom for BTC. Does historical data agree? Bitcoin (BTC) pushed back above $71,000 on Monday, after market sentiment indicators across the crypto market dropped to new lows. Some analysts believed that “extreme fear” and upside liquidity may help Bitcoin hold above its yearly-low at $60,000, but others warned that weak market conditions and bearish futures volume may push prices even lower. Key takeaways: Read more -
Cointelegraph.com - 00:13 Feb 10, 2026
The banking acquisition follows a trademark filing for “MrBeast Financial” in October, which specifically mentioned “cryptocurrency exchange services.” Beast Industries, the entertainment company founded by YouTuber Jimmy “MrBeast” Donaldson, is acquiring Step, a mobile banking app focused on teenagers and young adults, marking its most significant push into finance to date. In a post to X on Monday, Donaldson said the motivation behind the acquisition was to equip young people with the tools and guidance needed to navigate personal finance from an early age. Beast Industries CEO Jeff Housenbold said, "Financial health is fundamental to overall wellbeing, yet too many people lack access to the tools and knowledge they need to build financial security.” Read more -
Cointelegraph.com - 23:15 Feb 09, 2026
ETH price moved above $2,150 as Bitcoin and US stock markets rallied, but does data show whether derivatives traders have turned bullish yet? Key takeaways: Ethereum maintains dominance in its total value locked metric, yet faces scrutiny over layer-2 scaling. ETH inflation rose to 0.8% as onchain activity slowed, while US macroeconomic fears kept the derivatives markets in bearish territory. Read more -
Cointelegraph.com - 21:57 Feb 09, 2026
Long-term Bitcoin holders sold 245,000 BTC as the price fell under $60,000 last week, but a fresh set of US macroeconomic cues and an uptick in BTC dip-buyers may signal that the market has bottomed. 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: Read more -
Cointelegraph.com - 21:47 Feb 09, 2026
Polymarket is challenging Massachusetts in federal court, arguing that states lack the authority to regulate CFTC-approved prediction markets. Polymarket has filed a federal lawsuit against the state of Massachusetts, arguing that Congress granted the Commodity Futures Trading Commission (CFTC) exclusive authority over event contracts, preventing states from independently shutting down federally regulated prediction markets. Neal Kumar, Polymarket’s chief legal officer, confirmed the lawsuit on Monday, saying the dispute involves national markets and unresolved legal questions that must be addressed at the federal, not state, level. “Racing to state court to try to shut down Polymarket US and other prediction markets doesn’t change federal law — and states like MA and NV that have done so will miss an amazing opportunity to help build markets for tomorrow,” Kumar said, referring to Massachusetts and Nevada. Read more -
Cointelegraph.com - 21:21 Feb 09, 2026
Questions raised after Bithumb intern sent 15X more “phantom” Bitcoin to users than it held. Plus, did a Hong Kong fund blow up? Asia Express -
Cointelegraph.com - 21:21 Feb 09, 2026
Questions raised after Bithumb intern sent 15X more “phantom” Bitcoin to users than it held. Plus, did a Hong Kong fund blow up? Asia Express -
Cointelegraph.com - 21:21 Feb 09, 2026
Questions raised after Bithumb intern sent 15X more “phantom” Bitcoin to users than it held. Plus, did a Hong Kong fund blow up? Asia Express -
Cointelegraph.com - 20:37 Feb 09, 2026
Reform of Israel's digital asset regulations may add 70,000 jobs and $38 billion to the country's GDP, according to KPMG. The Israeli Crypto Blockchain & Web 3.0 Companies Forum last week launched a lobbying effort to push regulatory reforms that research from KPMG says may add 120 billion shekels ($38.36 billion) to the country’s economy by 2035 and create 70,000 new jobs. At a Feb. 3 event in Tel Aviv, Forum leader Nir Hirshman-Rub said there is broad public support for legislation that would relax rules on stablecoins and tokenization, along with simplifying tax compliance requirements. In the wake of the US-brokered ceasefire of the Gaza war, 2026 is seen as a “defining year” for the local digital assets industry, Hirshman-Rub said. Read more -
Cointelegraph.com - 20:25 Feb 09, 2026
The new integrations enable banks and custodians to deploy custody and staking services without operating their own validator or key-management infrastructure. 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. Read more -
Cointelegraph.com - 19:30 Feb 09, 2026
Bitcoin and several major altcoins are not out of the woods yet, especially since they face significant selling near their range highs. Do charts show BTC and altcoins forming a bottom? Key points: Bitcoin’s relief rally is facing selling near $72,000, but a positive sign is that the bulls have not ceded much ground to the bears. Several major altcoins are facing selling at higher levels, indicating that the sentiment remains negative. Read more -
Cointelegraph.com - 19:25 Feb 09, 2026
Wall Street–style liquidity is reportedly moving into prediction markets, signaling a shift toward deeper markets, higher volumes and greater institutional participation. Jump Trading, a Chicago-based quantitative trading company, is reportedly set to acquire minority stakes in prediction market platforms Polymarket and Kalshi, underscoring growing institutional interest in the rapidly expanding sector. The equity stakes would be obtained in exchange for providing trading liquidity on both platforms, Bloomberg reported Monday, citing people familiar with the discussions. While the report did not disclose specific ownership percentages, Bloomberg said Jump’s stake in Polymarket would scale based on the liquidity the company ultimately provides. Read more -
Cointelegraph.com - 18:35 Feb 09, 2026
A CTDG Dev Hub participant introduces an adapter layer for RGB to facilitate seamless integration with wallet SDKs. Interoperability is crucial for a seamless experience with blockchains and cryptocurrencies. However, it is largely missing in integrations between many existing wallet SDKs and RGB, a protocol for issuing assets and running smart contracts on Bitcoin. Utexo, a CTDG Dev Hub participant, has introduced RGB support for Tether’s Wallet Development Kit (WDK) via the Utexo SDK. The support essentially reconciles two fundamentally different views of asset state. Most wallet SDKs are designed around a narrow and well-defined set of responsibilities: managing keys, tracking balances, constructing transactions and interacting with the underlying chain. They assume that asset state is globally observable, derived from the blockchain and updated monotonically. Read more -
Cointelegraph.com - 18:30 Feb 09, 2026
Bitcoin price more than doubled the last time Tether's crypto market dominance topped out, a signal that is flashing again in 2026. Bitcoin (BTC) may form a bottom in the coming weeks as Tether’s USDt (USDT) dominance retests a key resistance level that preceded BTC’s 2022 cycle low. As of February, Tether dominance reached the 8.50%–9.00% range (the red area in the chart below), revisiting a historically significant zone that previously aligned with Bitcoin’s bear market lows. When USDt’s market share rises, it usually means traders are playing it safe and parking money in stablecoins instead of riskier coins like Bitcoin. Likewise, a rotation back into crypto usually aligns with USDt dominance falling. Read more -
Cointelegraph.com - 18:07 Feb 09, 2026
The research analysts pointed to tight liquidity and macro pressure as drivers of the decline, while noting that spot Bitcoin ETFs have seen relatively modest outflows. Bernstein analysts on Monday maintained their $150,000 target for Bitcoin (BTC) despite the recent sell-off that they said was being driven by lacking investor confidence rather than structural stress. Calling the pullback the “weakest bear case” in the asset’s history, the analysts’ note to investors said no major failures have emerged across Bitcoin’s market plumbing, and pointed to relatively modest 7% net outflows from spot Bitcoin ETFs even as BTC price dropped by about 50%. “The current Bitcoin price action is a mere crisis of confidence. Nothing broke, no skeletons will show up,” analysts led by Gautam Chhugani said. Read more -
Cointelegraph.com - 18:03 Feb 09, 2026
Tom Lee–backed BitMine added over 40,000 ETH during last week’s market sell-off, doubling down on its Ether treasury strategy despite multibillion-dollar unrealized losses. Ether treasury company BitMine Immersion Technologies significantly increased its ETH holdings during last week’s market correction, signaling continued conviction in its long-term strategy despite mounting unrealized losses. The company disclosed Monday that it acquired 40,613 Ether (ETH) last week, lifting its total holdings to more than 4.326 million ETH, worth about $8.8 billion at current prices. Despite the accumulation, BitMine is currently deeply underwater on its Ether position, according to DropsTab data. Read more -
Cointelegraph.com - 17:21 Feb 09, 2026
Bitcoin saw the first brief period of positive Coinbase Premium since mid-January as BTC price action stabilized near $70,000. Bitcoin (BTC) saw stability after Monday’s Wall Street open as gold eyed new February highs. Key points: Bitcoin price forecasts expect BTC to bounce between Fibonacci levels after major volatility. Read more -
Cointelegraph.com - 15:14 Feb 09, 2026
SOL’s price has validated a classic head-and-shoulders pattern on multiple time frames, with a price target of about $50. Solana’s SOL (SOL) has dropped 38% over the last 30 days, falling to a two-year low of $67 on Friday. Multiple analysts say that the downside is not over for the seventh-placed cryptocurrency, with downward targets extending as low as $30. Key takeaways: Solana’s head-and-shoulders pattern targets a SOL price of $50 or lower. Read more -
Cointelegraph.com - 14:24 Feb 09, 2026
The sale shows how Bitcoin miners are reshaping strategies as mining economics continue to deteriorate. Bitcoin miner Cango has sold 4,451 Bitcoin on the open market, generating net proceeds of about $305 million it says were used to partially repay a Bitcoin‑collateralized loan and to strengthen its balance sheet. The company said Monday that the transaction, approved by its board after a review of “current market conditions,” is intended to reduce financial leverage and provide additional capacity to fund its planned expansion into artificial intelligence (AI) and high‑performance computing (HPC) infrastructure. Cango said that the “strategic pivot” meant utilizing its “globally accessed, grid-connected infrastructure” to provide distributed compute capacity for the AI industry, and that the initiative would be implemented through a phased roadmap. Read more
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