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Crypto Market Sees $336 Million in Liquidations Over 24 HoursIn the past 24 hours, the cryptocurrency market experienced liquidations totaling $336 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $156 million, while short positions saw $180 million in liquidations. Bitcoin long positions faced liquidations amounting to $59.57 million, whereas Bitcoin short positions were liquidated for $83.58 million. Ethereum long positions saw $40.37 million in liquidations, with Ethereum short positions experiencing $38.55 million in liquidations. During this period, a total of 129,343 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, valued at $11.86 million.

Crypto Market Sees $336 Million in Liquidations Over 24 Hours

In the past 24 hours, the cryptocurrency market experienced liquidations totaling $336 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $156 million, while short positions saw $180 million in liquidations.

Bitcoin long positions faced liquidations amounting to $59.57 million, whereas Bitcoin short positions were liquidated for $83.58 million. Ethereum long positions saw $40.37 million in liquidations, with Ethereum short positions experiencing $38.55 million in liquidations.

During this period, a total of 129,343 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, valued at $11.86 million.
Crypto Spot Funds See Diverging Flows as Bitcoin Attracts $127M in InflowsCryptocurrency spot funds recorded sharp inflows and outflows over the past 24 hours, underscoring uneven investor positioning across major tokens, according to data from Coinglass cited by BlockBeats.On the outflow side, BERA led declines with $35.51 million in net redemptions. It was followed by XRP at $14.54 million, Solana at $14.02 million, 0G at $12.62 million, and Uniswap at $12.33 million.By contrast, Bitcoin dominated inflows, attracting $127 million over the same period. Other tokens with notable inflows included TRON with $15.07 million, BNB with $11.15 million, ASTER with $7.40 million, and Ethereum with $5.53 million.The mixed flows highlight a market characterized by selective risk-taking, with capital concentrating in Bitcoin while several altcoins face continued selling pressure amid broader volatility and shifting investor sentiment. 

Crypto Spot Funds See Diverging Flows as Bitcoin Attracts $127M in Inflows

Cryptocurrency spot funds recorded sharp inflows and outflows over the past 24 hours, underscoring uneven investor positioning across major tokens, according to data from Coinglass cited by BlockBeats.On the outflow side, BERA led declines with $35.51 million in net redemptions. It was followed by XRP at $14.54 million, Solana at $14.02 million, 0G at $12.62 million, and Uniswap at $12.33 million.By contrast, Bitcoin dominated inflows, attracting $127 million over the same period. Other tokens with notable inflows included TRON with $15.07 million, BNB with $11.15 million, ASTER with $7.40 million, and Ethereum with $5.53 million.The mixed flows highlight a market characterized by selective risk-taking, with capital concentrating in Bitcoin while several altcoins face continued selling pressure amid broader volatility and shifting investor sentiment. 
Binance Market Update (2026-02-12)According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.32T, up by 1.38% over the last 24 hours.Bitcoin (BTC) traded between $65,756 and $68,834 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,272, up by 0.42%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ME, BERA, and 0G, up by 61%, 46%, and 32%, respectively.Top stories of the day:Thailand Clears Crypto-Linked Derivatives, Deepening Digital Assets’ Role in Capital Markets Altcoins Lead Recovery Amid Cautious Investor Sentiment UBS: Fed Rate-Cut Outlook Intact Despite Strong Jobs Data, but Urgency Has Eased Crypto Spot Funds See Diverging Flows as Bitcoin Attracts $127M in Inflows Dollar Exposure Hits Record Low According to Nomura Model Key Economic Indicators Scheduled for Release Ark Invest Continues Bullish Share Acquisition for Nine Consecutive Days Thailand Clears Crypto-Linked Derivatives, Deepening Digital Assets’ Role in Capital Markets BlackRock: Just 1% Cryptocurrency Allocation in Asia Could Drive $2T in Inflows U.S. Payrolls Beat Forecasts, but Sharp Revisions Temper OptimismMarket movers:ETH: $1975.75 (+1.21%)BNB: $614.05 (+2.60%)XRP: $1.3891 (+1.67%)SOL: $81.67 (+0.65%)TRX: $0.2787 (+1.60%)DOGE: $0.09294 (+2.89%)WLFI: $0.1062 (+5.46%)BCH: $510.6 (-1.07%)U: $1.0006 (+0.01%)ADA: $0.2645 (+3.77%)

Binance Market Update (2026-02-12)

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.32T, up by 1.38% over the last 24 hours.Bitcoin (BTC) traded between $65,756 and $68,834 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,272, up by 0.42%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ME, BERA, and 0G, up by 61%, 46%, and 32%, respectively.Top stories of the day:Thailand Clears Crypto-Linked Derivatives, Deepening Digital Assets’ Role in Capital Markets Altcoins Lead Recovery Amid Cautious Investor Sentiment UBS: Fed Rate-Cut Outlook Intact Despite Strong Jobs Data, but Urgency Has Eased Crypto Spot Funds See Diverging Flows as Bitcoin Attracts $127M in Inflows Dollar Exposure Hits Record Low According to Nomura Model Key Economic Indicators Scheduled for Release Ark Invest Continues Bullish Share Acquisition for Nine Consecutive Days Thailand Clears Crypto-Linked Derivatives, Deepening Digital Assets’ Role in Capital Markets BlackRock: Just 1% Cryptocurrency Allocation in Asia Could Drive $2T in Inflows U.S. Payrolls Beat Forecasts, but Sharp Revisions Temper OptimismMarket movers:ETH: $1975.75 (+1.21%)BNB: $614.05 (+2.60%)XRP: $1.3891 (+1.67%)SOL: $81.67 (+0.65%)TRX: $0.2787 (+1.60%)DOGE: $0.09294 (+2.89%)WLFI: $0.1062 (+5.46%)BCH: $510.6 (-1.07%)U: $1.0006 (+0.01%)ADA: $0.2645 (+3.77%)
Europe Urged to Embrace Reforms for Economic GrowthEurope possesses the potential to develop a robust economy, yet it needs to intensify its efforts in implementing reforms and adapting to change, according to a leading central banker. Bloomberg posted on X, highlighting the importance of strategic adjustments to foster economic growth in the region. The central banker emphasized that embracing necessary reforms is crucial for Europe to harness its economic capabilities effectively. The call for change comes amid ongoing discussions about the future of the European economy and the steps needed to ensure its sustainability and competitiveness on the global stage.

Europe Urged to Embrace Reforms for Economic Growth

Europe possesses the potential to develop a robust economy, yet it needs to intensify its efforts in implementing reforms and adapting to change, according to a leading central banker. Bloomberg posted on X, highlighting the importance of strategic adjustments to foster economic growth in the region. The central banker emphasized that embracing necessary reforms is crucial for Europe to harness its economic capabilities effectively. The call for change comes amid ongoing discussions about the future of the European economy and the steps needed to ensure its sustainability and competitiveness on the global stage.
Wall Street Executives Dismiss AI Threat to Software IndustryWall Street executives are reassuring investors that the perceived threat of artificial intelligence to the software industry is overstated. Wall Street Journal (Markets) posted on X, highlighting that despite concerns about AI's impact, software businesses remain resilient. Executives argue that AI will complement rather than replace existing software solutions, driving innovation and efficiency. They emphasize the importance of integrating AI technologies to enhance product offerings and maintain competitive advantage. The industry is expected to adapt and evolve, leveraging AI to improve processes and create new opportunities for growth. Investors are encouraged to focus on the potential benefits of AI integration rather than fearing its disruptive capabilities.

Wall Street Executives Dismiss AI Threat to Software Industry

Wall Street executives are reassuring investors that the perceived threat of artificial intelligence to the software industry is overstated. Wall Street Journal (Markets) posted on X, highlighting that despite concerns about AI's impact, software businesses remain resilient. Executives argue that AI will complement rather than replace existing software solutions, driving innovation and efficiency. They emphasize the importance of integrating AI technologies to enhance product offerings and maintain competitive advantage. The industry is expected to adapt and evolve, leveraging AI to improve processes and create new opportunities for growth. Investors are encouraged to focus on the potential benefits of AI integration rather than fearing its disruptive capabilities.
Instagram Chief Adam Mosseri to Testify in Social Media Addiction TrialInstagram's head, Adam Mosseri, is scheduled to testify in a significant trial concerning social media addiction. Bloomberg posted on X, highlighting Mosseri's upcoming appearance as part of a broader investigation into the impact of social media platforms on mental health. The trial aims to address concerns about the addictive nature of social media and its effects on users, particularly young people. This legal proceeding is part of a growing scrutiny of tech companies and their responsibilities in managing user engagement and well-being. The outcome of the trial could have implications for how social media platforms operate and are regulated in the future.

Instagram Chief Adam Mosseri to Testify in Social Media Addiction Trial

Instagram's head, Adam Mosseri, is scheduled to testify in a significant trial concerning social media addiction. Bloomberg posted on X, highlighting Mosseri's upcoming appearance as part of a broader investigation into the impact of social media platforms on mental health. The trial aims to address concerns about the addictive nature of social media and its effects on users, particularly young people. This legal proceeding is part of a growing scrutiny of tech companies and their responsibilities in managing user engagement and well-being. The outcome of the trial could have implications for how social media platforms operate and are regulated in the future.
Crypto's Path to Mass Adoption Requires Enhanced Security and ApplicationsTo achieve widespread adoption, the cryptocurrency industry must attain traditional finance-level security and develop compelling applications. YZi Labs posted on X. The firm supports innovators in both the security and application sectors, aiming to bridge the gap between traditional finance and digital currencies. YZi Labs' approach focuses on fostering advancements that can drive the crypto industry towards broader acceptance and integration into everyday financial systems.

Crypto's Path to Mass Adoption Requires Enhanced Security and Applications

To achieve widespread adoption, the cryptocurrency industry must attain traditional finance-level security and develop compelling applications. YZi Labs posted on X. The firm supports innovators in both the security and application sectors, aiming to bridge the gap between traditional finance and digital currencies. YZi Labs' approach focuses on fostering advancements that can drive the crypto industry towards broader acceptance and integration into everyday financial systems.
Binance Top Stories of The Day: Are Rate Cut Expectations Building as Bitcoin ETFs Stabilize and Ethereum Hits New Highs? (February 11, 2026)According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.28T, down by 2.95% over the last 24 hours.Bitcoin (BTC) traded between $66,558 and $69,994 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,988, down by 3.28%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include GHST, NIL, and BERA, up by 36%, 25%, and 17%, respectively.Top stories of the day:U.S. January Average Hourly Earnings: Mixed Predictions from Major BanksU.S. Retail Sales and Labor Costs Show Lower Growth in December Goldman Sachs Holds $1B in Bitcoin ETFs Despite Sharp Market Sell-Off Spot Bitcoin ETFs Add $167M, Nearly Offsetting Last Week’s Outflows Despite BTC Slump Ethereum Staking Rate Surpasses 30%, Setting New All-Time High House Lawmakers to Vote on Trump's Tariff Policies Amid Cost of Living Concerns U.S. Retail Data Boosts Rate Cut Bets Amid Wealth Management Stock Decline Competition Intensifies Among ETF Issuers for Top Position Key Economic Events Scheduled for Tomorrow Federal Reserve Considers Rate Cut Amid Labor Market CoolingMarket movers:ETH: $1952.14 (-3.43%)BNB: $598.51 (-5.07%)XRP: $1.3664 (-4.33%)SOL: $81.13 (-4.28%)TRX: $0.2743 (-1.12%)DOGE: $0.09033 (-3.60%)BCH: $516 (-1.45%)WLFI: $0.1006 (-5.45%)U: $1.0005 (-0.02%)ADA: $0.2549 (-3.81%)

Binance Top Stories of The Day: Are Rate Cut Expectations Building as Bitcoin ETFs Stabilize and Ethereum Hits New Highs? (February 11, 2026)

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.28T, down by 2.95% over the last 24 hours.Bitcoin (BTC) traded between $66,558 and $69,994 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,988, down by 3.28%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include GHST, NIL, and BERA, up by 36%, 25%, and 17%, respectively.Top stories of the day:U.S. January Average Hourly Earnings: Mixed Predictions from Major BanksU.S. Retail Sales and Labor Costs Show Lower Growth in December Goldman Sachs Holds $1B in Bitcoin ETFs Despite Sharp Market Sell-Off Spot Bitcoin ETFs Add $167M, Nearly Offsetting Last Week’s Outflows Despite BTC Slump Ethereum Staking Rate Surpasses 30%, Setting New All-Time High House Lawmakers to Vote on Trump's Tariff Policies Amid Cost of Living Concerns U.S. Retail Data Boosts Rate Cut Bets Amid Wealth Management Stock Decline Competition Intensifies Among ETF Issuers for Top Position Key Economic Events Scheduled for Tomorrow Federal Reserve Considers Rate Cut Amid Labor Market CoolingMarket movers:ETH: $1952.14 (-3.43%)BNB: $598.51 (-5.07%)XRP: $1.3664 (-4.33%)SOL: $81.13 (-4.28%)TRX: $0.2743 (-1.12%)DOGE: $0.09033 (-3.60%)BCH: $516 (-1.45%)WLFI: $0.1006 (-5.45%)U: $1.0005 (-0.02%)ADA: $0.2549 (-3.81%)
U.S. January Average Hourly Earnings: Mixed Predictions from Major BanksMajor financial institutions have released their predictions for the U.S. average hourly earnings in January, with varied expectations. According to Jin10, the annual rate is anticipated to be around 3.6%, as per Reuters' forecast. Scotiabank predicts a 3.5% increase, while Barclays, Capital Economics, and Dekabank align with the 3.6% forecast. JPMorgan Chase, Pantheon Macroeconomics, BNP Paribas, and Citigroup foresee a slightly higher rate of 3.7%. HSBC, Jefferies, TD Securities, and UBS also expect a 3.7% rise.For the monthly rate, Reuters projects a 0.3% increase. Morgan Stanley and Scotiabank predict a 0.2% rise, while BNP Paribas and Bank of America expect a 0.3% increase. Barclays, Capital Economics, Citigroup, and Dekabank also forecast a 0.3% rise. Deutsche Bank, HSBC, ING, JPMorgan Chase, Jefferies, Mizuho Securities, Moody's Analytics, Nomura Securities, Lloyds Bank, Oxford Economics, Pantheon Macroeconomics, TD Securities, UBS, UniCredit, Wells Fargo, and Goldman Sachs share similar expectations, with Goldman Sachs predicting a slightly higher increase of 0.4%.

U.S. January Average Hourly Earnings: Mixed Predictions from Major Banks

Major financial institutions have released their predictions for the U.S. average hourly earnings in January, with varied expectations. According to Jin10, the annual rate is anticipated to be around 3.6%, as per Reuters' forecast. Scotiabank predicts a 3.5% increase, while Barclays, Capital Economics, and Dekabank align with the 3.6% forecast. JPMorgan Chase, Pantheon Macroeconomics, BNP Paribas, and Citigroup foresee a slightly higher rate of 3.7%. HSBC, Jefferies, TD Securities, and UBS also expect a 3.7% rise.For the monthly rate, Reuters projects a 0.3% increase. Morgan Stanley and Scotiabank predict a 0.2% rise, while BNP Paribas and Bank of America expect a 0.3% increase. Barclays, Capital Economics, Citigroup, and Dekabank also forecast a 0.3% rise. Deutsche Bank, HSBC, ING, JPMorgan Chase, Jefferies, Mizuho Securities, Moody's Analytics, Nomura Securities, Lloyds Bank, Oxford Economics, Pantheon Macroeconomics, TD Securities, UBS, UniCredit, Wells Fargo, and Goldman Sachs share similar expectations, with Goldman Sachs predicting a slightly higher increase of 0.4%.
Cryptocurrency Market Experiences $227 Million in Liquidations Over 24 HoursIn the past 24 hours, the cryptocurrency market witnessed liquidations totaling $227 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $156 million of the liquidations, while short positions amounted to $71.46 million. Bitcoin long positions saw liquidations of $57.36 million, with short positions experiencing $28.94 million in liquidations. Ethereum long positions faced $49.03 million in liquidations, while short positions were liquidated for $16.90 million.

Cryptocurrency Market Experiences $227 Million in Liquidations Over 24 Hours

In the past 24 hours, the cryptocurrency market witnessed liquidations totaling $227 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $156 million of the liquidations, while short positions amounted to $71.46 million.

Bitcoin long positions saw liquidations of $57.36 million, with short positions experiencing $28.94 million in liquidations. Ethereum long positions faced $49.03 million in liquidations, while short positions were liquidated for $16.90 million.
Ethereum(ETH) Drops Below 2,000 USDT with a 6.44% Decrease in 24 HoursOn Feb 10, 2026, 18:48 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,000 USDT and is now trading at 1,998.599976 USDT, with a narrowed 6.44% decrease in 24 hours.

Ethereum(ETH) Drops Below 2,000 USDT with a 6.44% Decrease in 24 Hours

On Feb 10, 2026, 18:48 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,000 USDT and is now trading at 1,998.599976 USDT, with a narrowed 6.44% decrease in 24 hours.
Binance Top Stories of The Day: Intercontinental Exchange Launches CoinDesk BNB Futures Amid Growing Institutional Interest (February 10, 2026)The global cryptocurrency market cap now stands at $2.35T, down by 0.56% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $68,308 and $71,126 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,260, down by 0.87%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NKN, ATM, and ZKP, up by 89%, 41%, and 27%, respectively.Top stories of the day:Bitcoin News: Bernstein Calls Current Pullback the “Weakest Bitcoin Bear Case,” Reiterates $150K Target for 2026Crypto News: Bitcoin, Major Tokens Slide as Derivatives Signal Shift Toward Downside Protection  Intercontinental Exchange Launches CoinDesk BNB Futures Contract  Strategist Warns NFP Surprise Could Trigger Sharp Swings in Dollar and U.S. Treasury Yields U.S. December Retail Sales Data Could Reveal Economic Resilience China's Investment Theme Revives, Banks Rush to Capitalize Japan's Bonds Rise Following Prime Minister Takaichi's Election Victory  Macron Urges EU to Adopt Firm Stance with Trump  Alphabet Ventures into Swiss Franc Bond Market After Major U.S. DealHong Kong Stock Exchange Reports Strong IPO Performance Market movers:ETH: $2021.54 (-1.22%)BNB: $630.47 (+0.69%)XRP: $1.4282 (+1.83%)SOL: $84.76 (+0.25%)TRX: $0.2774 (-0.64%)DOGE: $0.0937 (-0.70%)WLFI: $0.1064 (-1.48%)BCH: $523.5 (+0.69%)U: $1.0007 (+0.03%)ADA: $0.2651 (-0.08%) 

Binance Top Stories of The Day: Intercontinental Exchange Launches CoinDesk BNB Futures Amid Growing Institutional Interest (February 10, 2026)

The global cryptocurrency market cap now stands at $2.35T, down by 0.56% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $68,308 and $71,126 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,260, down by 0.87%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NKN, ATM, and ZKP, up by 89%, 41%, and 27%, respectively.Top stories of the day:Bitcoin News: Bernstein Calls Current Pullback the “Weakest Bitcoin Bear Case,” Reiterates $150K Target for 2026Crypto News: Bitcoin, Major Tokens Slide as Derivatives Signal Shift Toward Downside Protection  Intercontinental Exchange Launches CoinDesk BNB Futures Contract  Strategist Warns NFP Surprise Could Trigger Sharp Swings in Dollar and U.S. Treasury Yields U.S. December Retail Sales Data Could Reveal Economic Resilience China's Investment Theme Revives, Banks Rush to Capitalize Japan's Bonds Rise Following Prime Minister Takaichi's Election Victory  Macron Urges EU to Adopt Firm Stance with Trump  Alphabet Ventures into Swiss Franc Bond Market After Major U.S. DealHong Kong Stock Exchange Reports Strong IPO Performance Market movers:ETH: $2021.54 (-1.22%)BNB: $630.47 (+0.69%)XRP: $1.4282 (+1.83%)SOL: $84.76 (+0.25%)TRX: $0.2774 (-0.64%)DOGE: $0.0937 (-0.70%)WLFI: $0.1064 (-1.48%)BCH: $523.5 (+0.69%)U: $1.0007 (+0.03%)ADA: $0.2651 (-0.08%) 
Bitcoin(BTC) Surpasses 71,000 USDT with a Narrowed 0.57% Decrease in 24 HoursOn Feb 09, 2026, 19:51 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 71,000 USDT benchmark and is now trading at 71,048.15625 USDT, with a narrowed narrowed 0.57% decrease in 24 hours.

Bitcoin(BTC) Surpasses 71,000 USDT with a Narrowed 0.57% Decrease in 24 Hours

On Feb 09, 2026, 19:51 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 71,000 USDT benchmark and is now trading at 71,048.15625 USDT, with a narrowed narrowed 0.57% decrease in 24 hours.
Cryptocurrency Market Experiences $378 Million in Liquidations Over 24 HoursThe cryptocurrency market witnessed significant liquidations amounting to $378 million in the past 24 hours. According to ChainCatcher, data from Coinglass reveals that long positions accounted for $190 million, while short positions saw $187 million in liquidations. Bitcoin long positions experienced liquidations of $82.5957 million, and short positions faced $120 million in liquidations. Ethereum long positions were liquidated for $48.6524 million, with short positions seeing $31.6986 million in liquidations.

Cryptocurrency Market Experiences $378 Million in Liquidations Over 24 Hours

The cryptocurrency market witnessed significant liquidations amounting to $378 million in the past 24 hours. According to ChainCatcher, data from Coinglass reveals that long positions accounted for $190 million, while short positions saw $187 million in liquidations. Bitcoin long positions experienced liquidations of $82.5957 million, and short positions faced $120 million in liquidations. Ethereum long positions were liquidated for $48.6524 million, with short positions seeing $31.6986 million in liquidations.
Crypto News: Bitcoin, Major Tokens Slide as Derivatives Signal Shift Toward Downside ProtectionBitcoin extended recent losses at the start of the week as derivatives markets signaled a clear shift toward risk-off positioning, with traders increasing demand for near-term downside protection.Bitcoin was trading below $70,000 after falling more than 2.8% over the past 24 hours, according to market data. While the asset has rebounded from last week’s lows near $60,000, it has struggled to regain upward momentum following the sharp sell-off that unsettled broader crypto markets.The weakness spilled across major tokens. The CoinDesk 5 Index fell 3.4%, with all five of its constituents posting losses. Ether dropped around 5%, underperforming Bitcoin as traders reduced exposure across large-cap assets, though it held above the $2,000 psychological level. The broader CoinDesk 20 Index declined 3.7%.Derivatives data points to deleveragingFutures and options markets indicate sustained defensive positioning. Bitcoin futures open interest has fallen from roughly $19 billion to $16 billion over the past week, signaling ongoing deleveraging.Funding rates have also turned neutral to negative across major venues, with rates at Bybit falling to -2.24% and Binance at -0.5%, suggesting short sellers are increasingly in control. The three-month futures basis has compressed to about 3%, pointing to softer institutional demand.Options markets reinforce the cautious tone. One-week 25-delta skew for Bitcoin has climbed to 20%, while call option dominance has slipped to 48%, indicating stronger demand for downside hedges. Implied volatility is in sharp backwardation, with near-term volatility around 85%, compared with longer-dated expectations near 50%, reflecting elevated concern over short-term price swings.Liquidations remain elevatedAccording to Coinglass, total liquidations reached $397 million over the past 24 hours, split roughly 45% long and 55% short. Bitcoin accounted for about $234 million in liquidations, followed by Ether at $74 million and Solana at $14 million.Binance liquidation data points to $68,160 as a key level to watch if prices move lower, where additional forced selling could emerge.Smaller tokens under pressureRisk aversion has also weighed on newer assets. Rainbow wallet’s recently launched RNBW token fell roughly 75% from its ICO price, amid reports of distribution delays and infrastructure-related issues.Overall, market data suggests traders are prioritizing capital preservation as volatility remains elevated, with derivatives positioning indicating continued caution until clearer signs of stabilization emerge.

Crypto News: Bitcoin, Major Tokens Slide as Derivatives Signal Shift Toward Downside Protection

Bitcoin extended recent losses at the start of the week as derivatives markets signaled a clear shift toward risk-off positioning, with traders increasing demand for near-term downside protection.Bitcoin was trading below $70,000 after falling more than 2.8% over the past 24 hours, according to market data. While the asset has rebounded from last week’s lows near $60,000, it has struggled to regain upward momentum following the sharp sell-off that unsettled broader crypto markets.The weakness spilled across major tokens. The CoinDesk 5 Index fell 3.4%, with all five of its constituents posting losses. Ether dropped around 5%, underperforming Bitcoin as traders reduced exposure across large-cap assets, though it held above the $2,000 psychological level. The broader CoinDesk 20 Index declined 3.7%.Derivatives data points to deleveragingFutures and options markets indicate sustained defensive positioning. Bitcoin futures open interest has fallen from roughly $19 billion to $16 billion over the past week, signaling ongoing deleveraging.Funding rates have also turned neutral to negative across major venues, with rates at Bybit falling to -2.24% and Binance at -0.5%, suggesting short sellers are increasingly in control. The three-month futures basis has compressed to about 3%, pointing to softer institutional demand.Options markets reinforce the cautious tone. One-week 25-delta skew for Bitcoin has climbed to 20%, while call option dominance has slipped to 48%, indicating stronger demand for downside hedges. Implied volatility is in sharp backwardation, with near-term volatility around 85%, compared with longer-dated expectations near 50%, reflecting elevated concern over short-term price swings.Liquidations remain elevatedAccording to Coinglass, total liquidations reached $397 million over the past 24 hours, split roughly 45% long and 55% short. Bitcoin accounted for about $234 million in liquidations, followed by Ether at $74 million and Solana at $14 million.Binance liquidation data points to $68,160 as a key level to watch if prices move lower, where additional forced selling could emerge.Smaller tokens under pressureRisk aversion has also weighed on newer assets. Rainbow wallet’s recently launched RNBW token fell roughly 75% from its ICO price, amid reports of distribution delays and infrastructure-related issues.Overall, market data suggests traders are prioritizing capital preservation as volatility remains elevated, with derivatives positioning indicating continued caution until clearer signs of stabilization emerge.
Key Economic Events to Impact Crypto Market This WeekOn February 10th, a White House meeting will discuss the Crypto Market Structure Bill. The following day, February 11th, the U.S. unemployment rate will be announced. Initial jobless claims are set to be released on February 12th, and on February 13th, the U.S. Consumer Price Index (CPI) and Core CPI data will be published. These events, including discussions on the Clarity Act, unemployment, and inflation data, are expected to have a direct impact on the markets and the Federal Reserve's upcoming decisions.

Key Economic Events to Impact Crypto Market This Week

On February 10th, a White House meeting will discuss the Crypto Market Structure Bill. The following day, February 11th, the U.S. unemployment rate will be announced. Initial jobless claims are set to be released on February 12th, and on February 13th, the U.S. Consumer Price Index (CPI) and Core CPI data will be published. These events, including discussions on the Clarity Act, unemployment, and inflation data, are expected to have a direct impact on the markets and the Federal Reserve's upcoming decisions.
Binance Top Stories of The Day: Is Bitcoin’s Bear Case Weakening as $150K Price Targets Resurface and Markets Rebound? (February 9, 2026)According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.35T, up by 2.73% over the last 24 hours.Bitcoin (BTC) traded between $69,394 and $72,271 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,869, down by 0.87%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NKN, GPS, and AXS, up by 41%, 24%, and 17%, respectively.Top stories of the day:Tether's Gold Holdings Surpass $23 Billion, Ranking Among Top Global Bullion HoldersJPMorgan Raises 2026 Nikkei 225 Target to 61,000 PointsCryptocurrency Market Cap Rebounds to Over $2.3 Trillion Amid Buy-the-Dip SentimentNon-Farm Payrolls Negative Growth Odds Shock Markets, Gold Steadies Above $5000 International Spot Gold Stabilizes Amid Key Resistance Levels Google Searches for ‘Crypto’ Near Yearly Lows as Market Rout Drags on Sentiment  Bernstein Calls Current Pullback the “Weakest Bitcoin Bear Case,” Reiterates $150K Target for 2026 Key Economic Events to Impact Crypto Market This Week  Dow Jones Surpasses 50,000 as Tech Stocks Decline Amid AI Concerns Bank of America's Bull & Bear Indicator Hits Record High Amid Investor Optimism Market movers:ETH: $2046.52 (-3.00%)BNB: $626.17 (-3.43%)XRP: $1.4024 (-3.32%)SOL: $84.56 (-4.42%)TRX: $0.2792 (+0.61%)DOGE: $0.09436 (-3.85%)WLFI: $0.108 (+7.14%)BCH: $519.9 (-1.72%)U: $1.0005 (+0.00%)ADA: $0.2654 (-3.24%)

Binance Top Stories of The Day: Is Bitcoin’s Bear Case Weakening as $150K Price Targets Resurface and Markets Rebound? (February 9, 2026)

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.35T, up by 2.73% over the last 24 hours.Bitcoin (BTC) traded between $69,394 and $72,271 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,869, down by 0.87%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NKN, GPS, and AXS, up by 41%, 24%, and 17%, respectively.Top stories of the day:Tether's Gold Holdings Surpass $23 Billion, Ranking Among Top Global Bullion HoldersJPMorgan Raises 2026 Nikkei 225 Target to 61,000 PointsCryptocurrency Market Cap Rebounds to Over $2.3 Trillion Amid Buy-the-Dip SentimentNon-Farm Payrolls Negative Growth Odds Shock Markets, Gold Steadies Above $5000 International Spot Gold Stabilizes Amid Key Resistance Levels Google Searches for ‘Crypto’ Near Yearly Lows as Market Rout Drags on Sentiment  Bernstein Calls Current Pullback the “Weakest Bitcoin Bear Case,” Reiterates $150K Target for 2026 Key Economic Events to Impact Crypto Market This Week  Dow Jones Surpasses 50,000 as Tech Stocks Decline Amid AI Concerns Bank of America's Bull & Bear Indicator Hits Record High Amid Investor Optimism Market movers:ETH: $2046.52 (-3.00%)BNB: $626.17 (-3.43%)XRP: $1.4024 (-3.32%)SOL: $84.56 (-4.42%)TRX: $0.2792 (+0.61%)DOGE: $0.09436 (-3.85%)WLFI: $0.108 (+7.14%)BCH: $519.9 (-1.72%)U: $1.0005 (+0.00%)ADA: $0.2654 (-3.24%)
Tether's Gold Holdings Surpass $23 Billion, Ranking Among Top Global Bullion HoldersTether has accumulated a significant reserve of physical gold, totaling at least 148 tonnes and valued at over $23 billion. According to NS3.AI, this substantial acquisition positions Tether among the top 30 largest holders of bullion worldwide, surpassing numerous nation-states. This development underscores a broader trend where cryptocurrency firms are increasingly incorporating physical assets into their reserves.

Tether's Gold Holdings Surpass $23 Billion, Ranking Among Top Global Bullion Holders

Tether has accumulated a significant reserve of physical gold, totaling at least 148 tonnes and valued at over $23 billion. According to NS3.AI, this substantial acquisition positions Tether among the top 30 largest holders of bullion worldwide, surpassing numerous nation-states. This development underscores a broader trend where cryptocurrency firms are increasingly incorporating physical assets into their reserves.
China's Low-Interest Rates Fuel Interbank Borrowing SurgeChina's current low-interest rate environment is leading to a significant increase in interbank borrowing. Bloomberg posted on X, highlighting that financial institutions are taking advantage of the favorable rates to boost their lending activities. This trend is contributing to a rise in liquidity within the banking sector, as banks seek to optimize their financial strategies amid the prevailing economic conditions.The surge in interbank borrowing is seen as a response to the People's Bank of China's monetary policy, which aims to stimulate economic growth by maintaining low borrowing costs. Analysts suggest that this approach is encouraging banks to engage in more lending, thereby supporting various sectors of the economy.Market observers note that the increased borrowing activity is reflective of the banks' confidence in the stability of the financial system. However, there are concerns about the potential risks associated with excessive borrowing, which could lead to financial imbalances if not managed carefully.Overall, the low-interest rate environment in China is playing a crucial role in shaping the dynamics of interbank borrowing, with implications for both domestic and international financial markets.

China's Low-Interest Rates Fuel Interbank Borrowing Surge

China's current low-interest rate environment is leading to a significant increase in interbank borrowing. Bloomberg posted on X, highlighting that financial institutions are taking advantage of the favorable rates to boost their lending activities. This trend is contributing to a rise in liquidity within the banking sector, as banks seek to optimize their financial strategies amid the prevailing economic conditions.The surge in interbank borrowing is seen as a response to the People's Bank of China's monetary policy, which aims to stimulate economic growth by maintaining low borrowing costs. Analysts suggest that this approach is encouraging banks to engage in more lending, thereby supporting various sectors of the economy.Market observers note that the increased borrowing activity is reflective of the banks' confidence in the stability of the financial system. However, there are concerns about the potential risks associated with excessive borrowing, which could lead to financial imbalances if not managed carefully.Overall, the low-interest rate environment in China is playing a crucial role in shaping the dynamics of interbank borrowing, with implications for both domestic and international financial markets.
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