Day: February 9, 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. Ether (ETH) price managed to reclaim the $2,100 level following a 43% crash over nine days that culminated in the altcoin making a $1,750 low on Friday. Despite a 22%…

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: Bitcoin long-term holders recorded a –245,000 BTC net position change last week,…

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),…

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…

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. Bitcoin (BTC) has slipped closer to $69,500, indicating that the bears are selling on rallies. Several analysts believe that BTC’s bottom is still not in. Trader BitBull said in a post on X that BTC’s “real bottom will form below $50,000, where most of the ETF buyers will be…