Day: February 10, 2026

Crypto Miner Canaan Shares Sink 7% Despite Strong Q4

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Crypto miner and manufacturer Canaan fell 6.9% on the Nasdaq on Tuesday despite reporting a 121.1% year-on-year increase in revenue to $196.3 million in the fourth quarter, driven by an increase in hardware sales and stronger mining performance. Canaan reported that its Bitcoin (BTC) mining revenue rose 98.5% year-on-year to $30.4 million, helping boost its Bitcoin treasury to a record 1,750 BTC, valued at nearly $120 million, while the company also increased its Ether (ETH) holdings to 3,950 ETH, worth $7.9 million. The revenue figure is Canaan’s highest quarterly posting…

Sub-$2K ETH Price Levels Emerge As Key Long-Term Demand Zones

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Ether (ETH) struggled to hold prices above $2,000 on Tuesday, and against this backdrop, analysts noted that Ether’s 31% decline in 2026 fits a familiar price fractal from previous bull markets. Key takeaways: ETH’s recent dip to $1,736 may mark only the first of many lows in a larger consolidation phase. Onchain cost-basis data clusters between $1,300 to $2,000, reinforcing this range as a potential demand zone. ETH fractal hints at a longer base-building phase A long-term fractal comparison between the 2021-2022 and 2024-2025 cycles suggests that Ether’s sharp sell-off…

LayerZero Labs unveils Zero blockchain with Citadel and ARK backing

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LayerZero Labs on Tuesday launched Zero, a new blockchain designed to support institutional-grade financial markets, with backing from Citadel Securities and ARK Invest. Citadel has made a strategic investment in ZRO, the network’s governance and staking token, and is working with LayerZero to evaluate how Zero’s architecture could support high-throughput trading and post-trade workflows. ARK Invest also participated in the raise, investing in both ZRO and LayerZero Labs’ equity. CEO Cathie Wood has joined a new advisory board, alongside ICE executive Michael Blaugrund and Caroline Butler, former head of digital…

Anthropic safeguards lead resigns, warns of growing AI safety crisis

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Mrinank Sharma, who led safeguards research at Anthropic, resigned from the AI company yesterday and publicly shared his departure letter. In the letter posted to X, Sharma cited mounting unease over gaps between stated principles and actual decisions at AI organizations and in society more broadly. He described a widening disconnect between ethical commitments and operational realities. Today is my last day at Anthropic. I resigned. Here is the letter I shared with my colleagues, explaining my decision. pic.twitter.com/Qe4QyAFmxL — mrinank (@MrinankSharma) February 9, 2026 “It is clear to me…

Bitcoin Top Traders Hold Tight Despite 14% Price Recovery

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Key takeaways: The Bitcoin long-to-short indicator at Binance hit a 30-day low, signaling a sharp decline in bullish leverage demand. US-listed Bitcoin exchange-traded funds reversed a negative trend with $516 million in net inflows following a period of heavy liquidations. Bitcoin (BTC) has fluctuated within a tight 8% range over the last four days, consolidating near $69,000 after an abrupt slide to $60,130 on Friday. Traders are currently grappling with the primary catalysts for this correction, particularly as the S&P 500 holds near record highs and gold prices have climbed…

Ray Dalio Warns CBDCs Will Enable Government Financial Control

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American billionaire and hedge fund manager Ray Dalio has warned that central bank digital currencies (CBDCs) are coming, offering benefits but also potentially allowing governments to exert more control over people’s finances. “I think it will be done,” said Dalio on CBDCs in a wide-ranging interview on the Tucker Carlson Show on Monday, which also included topics on the US debt crisis, gold prices, and even a potential civil war.  Raymond Dalio is a billionaire hedge fund manager who has been co-chief investment officer of Bridgewater Associates since 1985, after…

Sam Bankman-Fried Seeks New Trial in FTX Fraud Case

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Former FTX chief CEO Sam Bankman-Fried has asked a federal court for a new trial on fraud charges, arguing that previously unavailable witness testimony could undermine the government’s case that led to his 25-year prison sentence. In a motion filed Feb. 5 in Manhattan federal court, Bankman-Fried challenged his 2023 conviction, though the request is separate from his formal appeal, as Bloomberg reported. Motions for a new trial face a high legal bar and are rarely granted. The filing was submitted to the court by Bankman-Fried’s mother, retired Stanford law…

Bitcoin in Focus as State Street Warns Dollar Could Fall 10% on Fed Cuts

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Strategists at State Street, one of the world’s largest asset managers, say the US dollar’s worst run in nearly a decade could deepen if the Federal Reserve eases policy more aggressively than markets expect, which is a distinct possibility following a possible leadership change at the central bank.  Speaking at a conference in Miami, State Street strategist Lee Ferridge said the dollar could decline by as much as 10% this year if financial conditions loosen further. While he described two rate cuts as a “reasonable base case,” he warned that…

Ethereum Foundation, SEAL Partner to Stop Wallet Drainers

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The Ethereum Foundation is sponsoring crypto security nonprofit Security Alliance (SEAL) to “track and neutralize” crypto drainers and other social engineering attackers targeting Ethereum users. SEAL said on Monday that it launched the “Trillion Dollar Security” initiative with EF to support these efforts after reaching out to EF late last year about funding security engineers to more closely track drainer development and protect against wide-scale attacks. The EF is now sponsoring a security engineer whose “sole mission” is to work with SEAL’s intelligence team to combat drainers targeting Ethereum users,…

Ledger Wallet Adds OKX DEX for On-Device DeFi Swaps

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Ledger, the French digital asset security company known for its hardware wallets, has integrated OKX DEX into its Wallet app, enabling users to execute multichain token swaps directly from a self-custodial environment. According to the company, the integration provides access to OKX DEX’s liquidity aggregation from within the Ledger Wallet app, allowing users to swap tokens with the need to interact with external decentralized exchange interfaces. Ledger said trades are routed using OKX DEX’s proprietary X-Routing technology, which aggregates liquidity across hundreds of decentralized exchanges to identify efficient execution paths.…