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Cryptocurrency 7 February 2026 - 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 hovered near $83.21 Monday, dropping 4.27% in the last 24 hours, according to CoinGlass. Futures open interest clocked in close to $5.14 billion. Trading volume for Solana futures totaled about $10.0 billion, with liquidations reaching approximately $14.2 million over the same period, the data showed. Motley Fool’s Alex Carchidi, writing for Nasdaq.com, mapped out a strikingly broad forecast for Solana over the coming year—anywhere from $20 up to $250. That low-end target? It’s all about a class-action lawsuit zeroing in on Pump.fun, a meme-coin launchpad built on Solana. The complaint later roped in Solana Labs and the Solana Foundation as well, according to the piece. No ruling yet, of course, and, as the column noted, traders tend to price in potential legal blowback before any facts are established. Carchidi called out around $7.2 billion locked in DeFi apps and $13.4 billion in stablecoins on the network. “My base case is that the coin will dip a bit lower for the next few months, then recover,” he wrote, with Solana possibly climbing back above $120.
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 — that’s exchange-traded products like ETFs tracking digital assets — posted their third consecutive week of outflows, though the bleed slowed to $187 million last week, according to CoinShares on Monday. James Butterfill, head of research at CoinShares, said the deceleration could signal “inflection points in investor sentiment.” Bitcoin products led the outflows with $264.4 million pulled, while ether ETPs actually attracted $5.3 million. XRP funds brought in $63 million; Solana saw $8.2 million in new money. On the price front, ether dropped 3.7% to $2,018, with bitcoin down 2.4% to $68,562. Right now, a thinning liquidity pool is making those flow shifts a bigger deal—routine selling can suddenly drop into an air pocket. According to Kaiko research analyst Thomas Probst, Bitcoin’s average 1% market depth—a gauge of how much can be transacted near the current price before it jolts—has shrunk to about $5 million, down from over $8 million in 2025. “Reduced liquidity translates into sharper and more erratic price movements,” Probst said. Denny Galindo, a strategist at Morgan Stanley Wealth Management, flagged last autumn’s crash as the moment when “popped the leverage bubble.”
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 top financial regulator on Monday pointed to Bithumb’s accidental $40 billion bitcoin giveaway as a stark example of why the country needs stricter crypto regulations. “We are particularly worried about the issue of information systems,” said Financial Supervisory Service Governor Lee Chan-jin. https://www.reuters.com/sustainability/boards-policy-regulation/south-korea-watchdog-says-40-billion-giveaway-shows-new-rules-needed-tackle-2026-02-09/ The warning comes as South Korea pushes to bring “virtual assets”—that’s regulator-speak for cryptocurrencies—further under the same regulations that apply to banks and brokerages. Authorities are also considering the timing and framework for introducing spot bitcoin exchange-traded products, a move that would let investors get exposure to bitcoin’s cash price through the stock market.
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

New York, Feb 8, 2026, 12:04 EST — Market’s done for the day Bitcoin hovered at $70,523 late Sunday, up roughly 2.2% and still trading over the $70,000 line, as traders watched to see if last week's bounce could weather more macro news. Ether advanced 2.1% to $2,084. U.S.-listed crypto stocks rallied Friday—Coinbase popped 13%, Strategy ran up 26%. Miners Marathon Digital and Riot Platforms closed out the week higher by 22% and 20% apiece.
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 circled $71,287 early Sunday, still holding over the $70,000 line after a turbulent week. The token’s 24/7 market means both the slide and bounce have carried straight into the weekend. It’s a big deal in D.C. these days: President Donald Trump, back in the White House, has been touting plans to turn the U.S. into the “crypto capital of the world.” Lawmakers are following suit, pushing through looser regulations for some corners of the sector. Congress signed off on legislation for stablecoins — the dollar-linked digital tokens — as the industry keeps pressing into the financial mainstream. Still, bitcoin has lost ground. After almost doubling following Trump’s November 2024 win and reaching a high close to $126,000 last October, it’s fallen to about $60,000 this week. That’s now under where it stood when Trump reclaimed the presidency. “Bitcoin is anything but safe,” said Ben Schiffrin, senior policy director at Better Markets.
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

On Sunday, a security review reported that crypto exchange MEXC is relying on withdrawal locks, two-factor authentication, and a so-called “Freeze Account” feature to fend off account takeovers—moves that come as centralized platforms aim to shore up confidence on custody risk. The review also listed cold storage, multi-signature wallets, and encryption among the security measures MEXC employs. Security is now front and center for major exchanges holding customer assets in pooled wallets, regardless of how polished or user-friendly the trading interface may appear. That feature is driving both their marketing and the scrutiny they face.
8 February 2026
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Stock Market Today

  • Goldman Sachs Sees AI Sector Leverage at $1.4 Trillion as Rally Drives Risks
    July 1, 2026, 7:17 AM EDT. Goldman Sachs is flagging $1.4 trillion in leveraged bets across U.S. stocks, most of it in names tied to AI. The bank says margin debt now makes up 1.8% of U.S. equities and warns that this adds real risk if the market turns and triggers forced selling. Margin borrowing in Japan now tops $30 billion, the most since 2008. Big tech-the 'Magnificent Seven'-has lagged, pressured by crowding, cautious Fed signals and rising costs. Wells Fargo sees delayed AI IPOs as a bullish sign, pointing to stronger adoption trends that could lift demand and push the AI cycle further despite higher leverage.
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