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Cryptocurrency 8 February 2026 - 9 February 2026

IREN stock price jumps as traders lean back into AI-cloud bet despite bitcoin slide

IREN stock price jumps as traders lean back into AI-cloud bet despite bitcoin slide

IREN shares climbed 6.4% to $44.51 Monday, rebounding after last week’s earnings drop despite a decline in bitcoin. The company reported a quarterly net loss of $155.4 million on $184.7 million in revenue, with $167.4 million from bitcoin mining and $17.3 million from AI services. IREN said it secured $3.6 billion in GPU financing tied to its Microsoft contract. Analyst price targets diverged after the results.
Bitcoin price slips under $70,000 as U.S. data week and South Korea warning keep traders edgy

Bitcoin price slips under $70,000 as U.S. data week and South Korea warning keep traders edgy

Bitcoin fell 2.8% to $69,317 on Monday, dropping below $70,000 before rebounding from a session low of $68,371. U.S.-listed spot bitcoin ETFs saw sharp swings in flows last week, with $371.1 million in net inflows on Feb. 6 after two days of heavy outflows. Ether dropped 3.4% to $2,033. South Korean regulators called for tougher crypto rules after a Bithumb error.
XRP price today slips to $1.44 as Ripple custody news collides with fresh crypto jitters

XRP price today slips to $1.44 as Ripple custody news collides with fresh crypto jitters

XRP fell 1.5% to $1.44 in 24 hours, capping a volatile week that left it down nearly 12%. South Korea’s Financial Supervisory Service flagged crypto exchange risks after Bithumb mistakenly issued over $40 billion in bitcoin. Crypto ETPs saw $187 million in outflows, but XRP-linked products attracted $63 million in inflows. Ripple announced new custody partnerships and staking features.
9 February 2026
IREN stock slips premarket as bitcoin dips again; traders focus on AI cloud buildout

IREN stock slips premarket as bitcoin dips again; traders focus on AI cloud buildout

IREN shares slipped 0.9% to $41.46 in premarket trading Monday after reporting a $155.4 million quarterly loss and declining bitcoin mining revenue. Bitcoin fell 3.1% to $69,064, pressuring crypto-linked stocks. IREN said AI cloud revenue rose and it secured $3.6 billion in GPU financing, but its $3.4 billion ARR target is not fully contracted. Microsoft has a $9.7 billion agreement with IREN for AI compute capacity.
Bitmine stock slips in premarket after $10 billion crypto-and-cash update puts ETH bet back in focus

Bitmine stock slips in premarket after $10 billion crypto-and-cash update puts ETH bet back in focus

Bitmine Immersion Technologies shares fell about 3% in premarket trading Monday after the company reported $10 billion in crypto and cash holdings, including 4.3 million ether tokens. The stock last closed at $20.47. Bitmine plans to launch its MAVAN staking network in Q1 2026. Traders are watching ether and bitcoin prices after a volatile week for crypto-linked stocks.
XRP price today slips as traders brace for U.S. payrolls, CPI week

XRP price today slips as traders brace for U.S. payrolls, CPI week

XRP dropped about 4% to $1.38 in early New York trading Monday, mirroring declines in bitcoin and ether. The move followed last week’s tech stock selloff and forced liquidations in crypto. Traders are watching for U.S. payrolls data on Feb. 11, CPI on Feb. 13, and Ripple’s XRP Community Day event. Liquidity remains thin, increasing price swings.
9 February 2026
Solana price sinks to $83 as bulls pitch $250 and bears warn of $20

Solana price sinks to $83 as bulls pitch $250 and bears warn of $20

Solana’s SOL token fell 4.27% to $83.21 on Monday, with $14.2 million in futures liquidations and open interest near $5.14 billion, according to CoinGlass. Nasdaq.com columns outlined a possible price range from $20, if legal risks escalate, to $250 if stablecoin payments grow and inflows return. A class-action lawsuit now targets Solana Labs and the Solana Foundation.
9 February 2026
Ethereum’s $2,000 test: CoinShares sees outflows easing, but ETF cash keeps leaving

Ethereum’s $2,000 test: CoinShares sees outflows easing, but ETF cash keeps leaving

Crypto ETPs posted a third week of outflows, slowing to $187 million, with bitcoin products losing $264.4 million and ether ETPs gaining $5.3 million, CoinShares said. Ether fell over 30% last week, briefly touching $1,700 before rebounding above $2,000. Spot ether ETFs saw net outflows of $21.3 million on Feb. 6, led by $45.4 million from BlackRock’s ETHA, Farside reported. Bitcoin’s average 1% market depth dropped to $5 million, Kaiko said.
South Korea’s watchdog flags tougher crypto rules after Bithumb’s $40 billion bitcoin giveaway

South Korea’s watchdog flags tougher crypto rules after Bithumb’s $40 billion bitcoin giveaway

South Korea’s financial watchdog called for stricter crypto rules after Bithumb mistakenly credited customers with over $40 billion in bitcoin. Bithumb said it recovered 99.7% of the 620,000 bitcoin distributed in error and blocked withdrawals within 35 minutes. Bitcoin prices on Bithumb briefly plunged 17% before stabilizing. Regulators are considering deeper inspections of crypto exchanges.
9 February 2026
Bitcoin price steadies above $70,000 after whipsaw week as CPI and Coinbase earnings loom

Bitcoin price steadies above $70,000 after whipsaw week as CPI and Coinbase earnings loom

Bitcoin rose 2.2% to $70,523 on Sunday, after swinging between $68,649 and $71,450. Coinbase shares surged 13% and Strategy jumped 26% on Friday, while miners Marathon Digital and Riot Platforms gained over 20%. Traders await U.S. retail sales, jobs, and CPI data this week, plus earnings from Robinhood and Coinbase. Liquidity in bitcoin markets has thinned, increasing volatility.
Bitcoin price steadies above $70,000 as Trump-era crypto rally fades — and true believers won’t budge

Bitcoin price steadies above $70,000 as Trump-era crypto rally fades — and true believers won’t budge

Bitcoin traded near $71,287 Sunday after a volatile week that saw prices dip below $60,000, erasing gains since Trump’s 2024 re-election. Congress passed new stablecoin rules as the White House pushes crypto policy. Analysts cited reduced liquidity and leverage as drivers of sharp swings. U.S. stocks rebounded Friday, lifting bitcoin and crypto-linked shares.
8 February 2026
New MEXC safety review puts proof-of-reserves and withdrawal locks in the spotlight

New MEXC safety review puts proof-of-reserves and withdrawal locks in the spotlight

A security review published Sunday highlighted MEXC’s use of withdrawal locks, two-factor authentication, and an account-freeze tool to counter account takeovers. MEXC restricts service in the U.S., Singapore, and other major markets. The company’s guides detail whitelist-based withdrawal controls and anti-phishing codes. Proof-of-reserves reports, often cited by exchanges, may not reveal all risks, according to U.S. audit authorities.
8 February 2026
Strategy Inc (MSTR) stock rebounds 26% as bitcoin steadies near $71,000 — what traders watch next

Strategy Inc (MSTR) stock rebounds 26% as bitcoin steadies near $71,000 — what traders watch next

Strategy Inc shares jumped 26.1% Friday to $134.93, recovering from a 17.1% drop the day before as bitcoin rebounded above $70,000. The company holds 713,502 bitcoins, bought at an average of $76,052 each. Bitcoin traded near $70,864 early Sunday after swinging from $60,018 to over $70,000 on Friday. Options markets showed heavy demand for downside protection ahead of the Feb. 27 expiry.
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Stock Market Today

  • Micron Technology (MU) Faces Valuation Pressure Amid Recent Share Price Pullback
    March 31, 2026, 7:05 PM EDT. Micron Technology's stock dropped over 18% in the past week and 22% in the past month, despite a 263.6% gain over the last year, reflecting volatility in the semiconductor sector. The firm is central to memory and storage solutions for data centers and AI, attracting significant investor interest. However, a discounted cash flow (DCF) valuation estimates a fair value at $272.77 versus the current price around $321.80, suggesting Micron trades at an 18% premium and could be overvalued. The mixed metrics and broader market concerns about chip supply and capital spending create a cautious outlook for investors considering the stock's future growth potential.
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