Day: February 10, 2026

Bitcoin, Ethereum, Crypto News & Price Indexes

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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: The Crypto Fear & Greed Index dropped to a record low of 7, showing extreme fear in the market. More than $5.5 billion in short liquidations above current prices may fuel a rebound. Weak…

Backpack Exchange seeks $50M funding at $1B valuation: Report

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Backpack Exchange, led by Solana developer Armani Ferrante and former FTX executive Tristan Yver, is exploring new financing at a $1 billion pre-money valuation, Axios reported Monday, citing people with knowledge of the talks. The round would make the Singapore-headquartered company the latest pre-token crypto startup to reach unicorn status. The company is currently targeting a $50 million raise, but discussions suggest the total could be higher. Backpack, which is part of a new generation of crypto exchanges focused on rebuilding confidence after FTX’s collapse, combines trading services with a…

Bitcoin, Ethereum, Crypto News & Price Indexes

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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. Source: MrBeast Beast Industries CEO Jeff Housenbold said, “Financial health is fundamental to overall wellbeing, yet too many people lack access to the tools…