Crypto World
Over 9 million XRP transferred to KT DeFi, whale activity comes into focus
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The transfer of more than 9 million XRP to KT DeFi has sparked fresh discussion about whale activity and shifting capital flows within the crypto market.
Summary
- Blockchain data shows a whale moved over 9 million XRP to the KT DeFi platform, drawing attention to large-holder strategies and DeFi trends.
- Analysts suggest the transfer could be linked to liquidity management, yield optimization, or participation in cloud mining models.
- KT DeFi positions itself as a regulated UK-based digital asset mining platform with third-party audits, insurance coverage, and a multi-layered security framework.

Recent blockchain monitoring data shows that a whale address has transferred more than 9 million XRP to the KT DeFi platform. At current market prices, the transaction represents a substantial amount, quickly drawing market attention to large-holder capital movements and evolving trends within the DeFi ecosystem.
Industry analysts suggest the transfer may be related to liquidity allocation strategies, yield optimization adjustments, or participation in emerging models such as cloud mining.
KTDeFi: A regulated global digital asset mining service platform
KTDeFi is a UK-headquartered global digital asset mining service platform dedicated to providing compliant, transparent, and high-security digital asset participation solutions to users worldwide.
The company operates in accordance with applicable UK regulations and complies with relevant requirements under the European Union’s Markets in Financial Instruments Directive (MiFID II) framework. All operational processes, including platform management, asset custody, and profit distribution, are conducted within a clearly defined legal structure to ensure a secure and reliable investment environment.
Compliance and audit framework
To enhance operational transparency and system integrity, KT DeFi undergoes annual security and compliance audits conducted by the independent third-party firm PricewaterhouseCoopers (PwC).
In addition, client fund protection mechanisms are supported by insurance coverage through Lloyd’s of London, further strengthening risk mitigation and investor confidence.
Technology and security infrastructure
From a technical standpoint, KT DeFi employs a multi-layered security architecture to ensure stable platform operations and data protection:
- Cloudflare enterprise-grade protection, providing network acceleration and DDoS mitigation
- McAfee cloud security solutions, enabling real-time threat detection and data security
- High-performance ASIC and GPU hardware, optimizing computational efficiency and operational performance
The platform maintains 99.99% system uptime, supporting continuous and stable service delivery. To date, no major security incidents have been publicly disclosed.
User feedback from Europe
Amelie M. Kirk, IT Consultant from Munich, Germany, stated: “I have followed the digital asset market for years, but prefer stable and transparent yield models. KTDeFi’s cloud mining service offers clear information disclosure and fee structures that align with my long-term asset allocation strategy.”
Isabella, a business owner from Vienna, Austria, commented: “Compared to directly holding cryptocurrencies, this model feels less exposed to short-term price volatility. The platform’s emphasis on green energy is particularly important to me and enhances trust.”
Alexandra S. Wheeler, a finance professional from Zurich, Switzerland, added: “Compliance and risk management are essential to me. KTDeFi’s audit structure and European energy and operational infrastructure standards align closely with traditional financial frameworks.”
Management statement
Emma Louise Stevens, CEO of KT DeFi, stated: “KT DeFi is committed to helping global investors enhance the value of their digital assets within a lawful, transparent, and secure framework. We place particular emphasis on meeting European regulatory standards and continuously strengthening our risk management systems and sustainable development strategies.”
How to get started with KT DeFi
1. Register an account
Visit the official KT DeFi website and complete the registration process. New users may receive a $17 welcome bonus.
2. Deposit digital assets
Deposit XRP or other supported cryptocurrencies. Funds will be reflected in the users’ personal account dashboard.
3. Select a mining contract
Users can choose a cloud mining contract that suits their needs. Once activated, the system will automatically manage the mining or computational allocation process and distribute earnings according to the agreed terms.
For more information, please visit the official website.
Conclusion
As the digital asset market continues to evolve, whale capital movements and innovative yield models such as cloud mining are becoming key focal points for investors. The transfer of more than 9 million XRP to KT DeFi provides another significant data point for observing trends in the broader crypto ecosystem.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Crypto World
Bitcoin Falls Below $67,000 as Losses Broaden Across Crypto
Major crypto assets traded lower on Wednesday morning as total market capitalization shed almost 4%
Crypto markets weakened further on Wednesday morning, Feb. 11, extending losses from earlier in the week as selling pressure spread across large-cap tokens and total market capitalization slid 3.6% to $2.34 trillion.
Bitcoin (BTC) is trading around $66,280 at press time, down over 4% in the past 24 hours, with weekly losses at 10%.

Ethereum (ETH) also slipped back below the $2,000 level, down almost 5% on the day and more than 11% over the past week. Losses were broad-based across major altcoins, with BNB down 4.6% in the past 24 hours and nearly 19% on the week, while Solana (SOL) fell close to 6% today.
Markets on Thin Ice
Analysts at QCP Capital warned in a research note today that markets still lack clear rebound confirmation, leaving prices vulnerable to renewed pressure.
The analysts cautioned that sentiment still remains fragile as the Crypto Fear & Greed Index is still deep in “extreme fear,” which the firm described as less a sign of capitulation and more “thin ice that happens to be holding.”

Glassnode echoed the cautious tone. In an X post yesterday evening, the crypto analytics firm said that assuming the early October 2025 all-time high marked the end of the most recent bull phase, this cycle has so far experienced relatively modest drawdowns, comparable to the 2015-2017 market.
Big Movers and Liquidations
Looking at the top-100 assets by market cap, Uniswap (UNI) was the biggest outperformer, surging more than 30% earlier today amid news that financial giant BlackRock made a strategic investment within the Uniswap ecosystem. Provenance Blockchain (HASH) also posted gains of around 6%.
On the downside, MYX Finance (MYX) led losses, plunging more than 30%, followed by Trump-linked World Liberty Financial’s WLFI, down over 8% amid continued risk-off positioning.
CoinGlass data shows roughly $390 million in positions were liquidated over the past 24 hours, with the majority being long positions. Bitcoin accounted for about $157 million and Ethereum roughly $126 million in the past 24 hours, while more than 120,000 traders were liquidated during the period.
ETFs and Macro Conditions
On Tuesday, Feb. 10, spot Bitcoin ETFs recorded their third consecutive positive inflow day, with a net $166.6 million flowing into the products, lifting cumulative inflows to $55 billion, according to SoSoValue data. Total value traded reached $3.38 billion, while total net assets stood at $87.7 billion.
Spot Ethereum ETFs also saw net inflows on Tuesday for the second day in a row, with $13.8 million added, pushing cumulative inflows to $11.8 billion, while total net assets stood at $11.7 billion.
In macro markets, U.S. labor data released today helped ease concerns about a sharp slowdown in employment.
Nonfarm payrolls rose by 130,000 in January, above expectations for a 55,000 increase, according to the Bureau of Labor Statistics. The unemployment rate declined to 4.3%, while a broader measure of labor underutilization slipped to 8%.
Crypto World
XRP Must Reclaim This Level to End the Bearish Trend
Ripple’s XRP remains under clear bearish pressure, but instead of accelerating lower, the market has transitioned into a compression phase. The price action is now stabilizing near a key psychological floor, with volatility declining as both sides hesitate to commit aggressively.
Ripple Price Analysis: The Daily Chart
On the daily timeframe, XRP’s decisive breakdown below the descending channel’s midline triggered a strong impulsive sell-off that drove the price toward the $1 demand region. That breakdown confirmed a structural shift in favor of sellers. Although a rebound followed, it stalled beneath the $1.5 resistance zone, which now acts as a firm supply area.
The inability to reclaim $1.5 signals that the recent upside move was corrective rather than impulsive. Sellers remain active on rallies, defending overhead supply. As long as XRP trades below $1.5, the broader structure remains tilted to the downside.
Currently, the price is consolidating between $1 and $1.5, with $1 acting as the primary daily demand. A decisive breakdown below $1 could expose the market to deeper downside continuation, while only a strong daily close above $1.5 would shift short-term momentum back in favor of buyers.
XRP/USDT 4-Hour Chart
On the 4-hour timeframe, the rebound from $1 appears as a sharp reaction move fueled by short-term profit-taking. The recovery pushed the price toward $1.5, but the structure shows clear hesitation and rejection inside that supply region.
The market is now compressing between $1 demand and $1.5 supply, forming a range-bound structure. This reflects temporary equilibrium rather than trend reversal. Buyers are defending $1, but they lack the strength to challenge $1.5 convincingly.
If Ripple manages a clean breakout above $1.5 with momentum, the next meaningful supply zone sits around $1.8. Conversely, a breakdown below $1 would likely reintroduce aggressive selling pressure and resume the broader bearish leg.
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Crypto World
David Einhorn says the Fed will cut ‘substantially more’ than two times. So he’s betting big on gold

Greenlight Capital’s David Einhorn anticipates the Federal Reserve will issue more interest rate cuts this year than what’s being anticipated and that’s giving him greater confidence in his gold bet.
While rate cut expectations diminished a bit Wednesday following the much better-than-expected January jobs report, traders are still currently pricing in a more than 88% chance that the central bank will make two quarter percentage point cuts by the end of the year, according to the CME FedWatch Tool.
But Einhorn said that the market viewing the latest jobs figures as a reason not to cut is “wrong.” In fact, he thinks the rate cuts number could be higher than that, as he expects Kevin Warsh – President Donald Trump’s pick to succeed Jerome Powell as Fed chair – is going to be able to persuade the committee to do so.
“If we have 4% or 5% inflation, sure, then he won’t be able to persuade people, but otherwise he’s going to argue productivity,” Einhorn said on CNBC’s “Money Movers” to Sara Eisen on Wednesday, adding that Warsh, in his view, is going to take the position of cutting “even if the economy is running hot.”
“I think by the time we get to the end of the year, it’s going to be substantially more than two cuts,” he continued.
The hedge fund manager also owns gold, which sold off at the end of last month after Trump announced Warsh as his nominee for Fed chair, as the move eased anxieties on Wall Street surrounding Fed independence.
The yellow metal – typically viewed as an inflation hedge – has since seen some recovery, with gold futures being up more than 17% this year. That’s after it surged more than 60% in 2025 amid threats to central bank independence as well as heightened geopolitical tensions and unstable trade policy. Since 2024, it’s surged more than 120%.
Gold futures prices since 2024
Einhorn — who gained notoriety in 2008, when he bet against Lehman Brothers at the Sohn Investment Conference just months before the investment bank declared bankruptcy — pointed out that gold has actually gone up over the past couple years as a result of “becoming the reserve asset” to own among central banks around the world.
“U.S. trade policy is very unstable, and it’s causing other countries to say we want to settle our trade in something other than U.S. dollars,” he said.
In the long term, he said that a reason to own gold is due to the fact that the current relationship between our fiscal and monetary policies “don’t make any sense.” He also said that other major developed currencies around the world are “as bad or worse” than the U.S. The U.S. dollar suffered its biggest single-day drop since April 2025 last month after Trump said he wasn’t concerned about the currency’s recent weakness.
“There are some issues that sometime over the next number of years could play out with some of the major currencies,” he said.
Deeming betting on more cuts as “one of the best trades out there right now,” Einhorn said he was also long futures on SOFR (Secured Overnight Financing Rate), which essentially is a bet that short-term rates will continue to go lower.
Crypto World
Beta Technologies (BETA) Stock Rallies as Amazon Discloses 5% Ownership
TLDR
- Beta Technologies stock surged 25.5% after-hours following Amazon’s SEC filing disclosure of 11.8 million shares
- Amazon’s stake represents roughly 5% of Beta’s total outstanding shares in the electric aircraft company
- Beta went public in November 2025 at $34 per share but had fallen 41% year-to-date before the disclosure
- The company competes with Joby Aviation and Archer Aviation in the electric vertical takeoff and landing market
- Wall Street analysts maintain a Strong Buy rating with an average price target of $34.43
Beta Technologies stock rocketed higher after Amazon revealed its investment position in the electric aircraft maker. The disclosure sent shares up more than 25% in extended trading Tuesday.
Amazon owns 11.8 million shares of Beta Technologies. The position equals about 5% of the company’s total stock outstanding.
The stock closed regular trading at $16.77 before jumping to $21.04 after-hours. Beta gained just 0.3% during the standard session.
The revelation came through an SEC filing that detailed Amazon’s holdings. What makes this interesting is that Amazon initially invested in Beta back in 2021.
Amazon’s Clean Energy Play
Amazon backed Beta through its Climate Pledge Fund in 2021. The e-commerce giant has long shown interest in alternative delivery technologies.
Beta Technologies builds electric aircraft designed for quiet operation. This feature could unlock new urban flight paths previously unavailable to traditional aircraft.
The company’s ALIA platform comes in two versions. The ALIA CTOL functions as a conventional fixed-wing electric plane. The ALIA VTOL offers vertical takeoff and landing capabilities.
Beta has also built out charging infrastructure. The company operates over 50 charging sites spread across the U.S. and Canada.
Competitive Landscape
Beta faces direct competition from Joby Aviation and Archer Aviation. All three companies are racing to commercialize electric vertical takeoff and landing technology.
GE Aerospace also holds a major stake in Beta. The jet engine manufacturer was listed as a 5% or more shareholder in Beta’s IPO prospectus.
The two companies are collaborating on hybrid aircraft propulsion systems. GE Aerospace appears extensively in Beta’s regulatory filings.
Beta completed its IPO in November 2025. The company priced shares at $34 each during the public offering.
Stock Outlook
The stock struggled after going public. Shares dropped 41% year-to-date through Tuesday’s close.
Wednesday’s pre-market trading showed continued momentum. Beta stock rallied approximately 17% before the opening bell.
Analyst sentiment remains positive despite recent price weakness. Seven analysts rate Beta a Buy with one Hold recommendation.
The consensus price target stands at $34.43. That implies potential gains of more than 105% from current levels.
Neither Amazon nor Beta responded to media requests for comment. The companies have not disclosed any strategic plans related to the shareholding.
Amazon’s investment history in delivery technology is extensive. The company has tested drone deliveries and continues exploring automation options.
Beta Technologies stock opened Wednesday’s regular session with strong gains following the Amazon stake news.
Crypto World
Best Smart Contract Auditors and Web3 Security Companies (2026): Ranked by Verifiable Public Evidence
Executive Summary
- Top 3 overall: Sherlock, Trail of Bits, OpenZeppelin (ranked by verifiable methodology, published proof of work, depth of verification, scope breadth, and service completeness).
- Rankings reflect comparative positioning, not hype: platforms score higher when they show repeatable processes and transparent artifacts, and score lower when claims can’t be corroborated publicly.
- In this ranking, ‘best smart contract auditors’ and ‘best Web3 security companies’ means the strongest combination of documented methodology, inspectable proof of work, verification depth, scope coverage, and repeatable capacity.
Intro
We wanted to produce the most accurate and verifiable compilation of Web3 smart contract security providers we could: one with clear reasoning and evidence for why each firm deserves its placement. Security vendors are easy to market and hard to evaluate from the outside, so we built a rubric first and then required every inclusion to be supported by public artifacts that a reader can confirm independently.
We focused on observable signals: documented methodology, published work (report libraries, audit archives, contest indices), verification approach (manual review, testing/tooling, formal methods when applicable), breadth of scope across real production surfaces (contracts, integrations, privileged controls, and relevant offchain components), and capacity signals that indicate repeatable execution. Where we draw a 2026 takeaway, it is based on current public positioning and recent public activity visible in those sources rather than hearsay or private claims.
Methodology
We assembled and ranked providers using a reproducible process designed to reduce subjectivity.
Step 1: Candidate set construction. We started from providers that appear consistently across developer shortlists and third-party roundups, then expanded the set through public cross-references (audit archives, contest platforms, tooling documentation, and published reports).
Step 2: Evidence threshold. We validated each candidate using primary sources that directly document (a) how they work (methodology), (b) what work exists (report libraries/archives), and/or (c) how verification is structured (contest rules, program docs, formal verification docs). Providers that could not substantiate core claims with these artifacts were excluded.
Step 3: Scoring rubric. We scored each remaining provider across six dimensions, using comparisons that can be checked from public material:
- Methodology clarity (is the review process described in a concrete, repeatable way?)
- Proof of work & transparency (public reports, archives, consistent published artifacts)
- Verification depth (manual review plus testing/tooling and/or formal methods where applicable)
- Scope breadth (contracts, integrations, privileged controls, and relevant offchain surfaces when in scope)
- Service completeness / unique value proposition (ability to support the full security need for modern protocols—e.g., pre-launch review options, remediation support, and adjacent security programs)
- Capacity signals (evidence of repeatable execution): published volume metrics (e.g., number of audits/contests), size of public report/contest archives, and visible cadence of engagements.
H2 Top Web3 Auditing and Smart Contract Security Providers (Ranked)
- Sherlock — Best choice overall for complete security coverage (development → audit → post-launch)
Sherlock ranks #1 because it supports a full security workflow across development, pre-launch review, and post-launch programs, including Sherlock AI for development-time analysis.
For audits, the model emphasizes matching teams sourced from Sherlock’s 11,000+ researcher network to the protocol’s risk surface and codebase (rather than a fixed team), and it includes fix verification as part of the loop.
For higher-stakes scopes, Blackthorn is described as a tiered engagement that prioritizes a more senior reviewer set.
Public proof points include a Morpho Vaults V2 Blackthorn case study and an Ethereum Foundation audit contest hosted on the platform with public contest pages/announcements, which makes the approach easier to verify end-to-end. That combination – repeatable workflow plus public, inspectable evidence across both high-stakes and ecosystem-scale engagements – is why Sherlock leads this ranking.
- Trail of Bits — Best boutique option for deep systems work across onchain + offchain
Trail of Bits explicitly scopes blockchain security work to include more than contract review, calling out system-level surfaces like oracles, DeFi integrations, upgradeability patterns, and deployment/incident-response considerations.
That matters because many real failures sit at boundaries between contracts and the surrounding infrastructure, not inside a single function. Their positioning is backed by a concrete services breakdown that describes design assessment and security analysis across these system components, rather than generic “we audit smart contracts” language.
In this list, ToB sits near the top because its public scope definition makes it easy to validate what “systems work” means before you hire them.
- OpenZeppelin — Best default private audit firm for process maturity + repeatability
OpenZeppelin publishes a plain-language description of how audits are run, including a line-by-line review model where each line is inspected by at least two security researchers.
They also describe using fuzzing and invariant testing when needed, which is a concrete “verification depth” signal that readers can evaluate without reading between the lines.
OpenZeppelin ranks highly here because the methodology is spelled out clearly enough to be audited itself: you can see the process they claim to follow, not just outcomes.
If you’re choosing an auditor primarily on predictability and documented process, this is one of the more checkable options in the market.
- Zellic (and Zenith) — Best research-driven audit shop, plus ownership of Code4rena
Zellic’s acquisition of Code4rena is a major structural signal because it ties a boutique audit team to a competitive-audit engine, and the acquisition rationale is publicly explained by Zellic.Zellic ranks above pure competitive platforms because it offers both a premium audit path (Zenith) and ownership of the contest channel, but ranks below the top three because its “complete offering” is less explicitly packaged end-to-end (development-time analysis + post-launch programs) than Sherlock’s.
Relative to traditional audit firms, Zellic’s differentiation is research posture plus platform adjacency; the firm adds a staffed audit option and toolchain narrative.
- Certora — Best formal verification option for specification-driven correctness
Certora is best known for formal verification: instead of relying only on review + testing, teams write explicit correctness properties (specs) and use the Certora Prover to check whether the contract can violate them. That’s a distinct verification mode that’s especially useful for protocols where “it seems fine” isn’t good enough: complex accounting, invariants across upgrades, or edge-case state transitions.
Certora publishes detailed primary documentation on the Prover and the Certora Verification Language (CVL), which makes the methodology easy to inspect before engaging. Under this rubric, it earns a top slot because the verification approach is concrete, reproducible, and documented at a level most audit firms don’t expose publicly.
- Cyfrin (CodeHawks) — Best rising competitive audits alternative with clear productization
CodeHawks documents what it is and how it works in its own docs, describing competitive audit marketplaces that can be run as public or private competitions.
That kind of documentation matters for evaluation because it clarifies what the engagement actually looks like (competition structure, participation model), not just marketing outcomes.
CodeHawks ranks on this list because it represents a second major competitive-audit option with visible, structured artifacts that an evaluator can review quickly.
If you’re comparing contest-style review paths, this is one of the more straightforward platforms to validate from primary sources.
- CertiK — Best large-scale security provider (audits + continuous monitoring footprint)
CertiK positions itself as the largest Web3 security service provider and emphasizes both audit services and real-time monitoring (Skynet), giving it a “security program” footprint rather than a pure audit shop identity.Skynet’s public-facing pages (including leaderboards) provide a concrete artifact for the monitoring claim, which is part of why CertiK is commonly mentioned in “best web3 security company” prompts.
CertiK ranks below boutique leaders and research-heavy firms because the rubric here prioritizes depth of verification and transparency of methodology over sheer breadth/scale, and large-scale providers tend to be more variable across engagements.
It still belongs high on the list because buyers often need a provider with a broad menu (audit + monitoring) and high visibility across many ecosystems, and CertiK has verifiable signals for that role.
Concluding Thoughts
Use this ranking as an evidence-based shortlist. “Best” only matters if a provider’s documented methodology and public proof-of-work match the ways your protocol can actually fail: value-moving paths, trust boundaries, integrations, and upgrade surfaces.
A practical way to choose:
- Start by mapping loss paths and trust boundaries. Write down how funds can be drained or stuck, which roles can change behavior, and which dependencies (oracles, bridges, keepers, relayers) can alter outcomes.
- Match the provider to the surface area. System-level scopes (offchain components, bridges, infra) require different skill sets than a contracts-only review.
- Validate with artifacts, not claims. Prefer providers that publish clear methodology, report/contest archives, and verification details you can inspect.
- Plan for remediation and follow-up. The engagement should include fix verification and clarity on what changes trigger re-review.
As a rule of thumb: pick the firm (or combination) whose public evidence best supports your needs – private audit depth, broader independent reviewer coverage, formal verification, or post-launch incentives—rather than optimizing for a name alone. We’ll keep updating this list as offerings and publicly verifiable evidence change.
Crypto World
Why crypto venture capitalists at Consensus Hong Kong are playing a 15-year game
The mood among top venture capitalists at Consensus Hong Kong was not retreat, but recalibration, as the crypto market experienced a prolonged downturn.
Hasseeb Qureshi, managing partner at Dragonfly, described today’s venture market as a “barbell:” On one side, proven verticals compounding at scale; on the other, a narrow set of high-risk, next-generation bets.
“There’s stuff that’s working, and it’s just like, scale it up, go even bigger,” Qureshi said, pointing to “stablecoins, payments and tokenization in particular.” In a market that’s cooled from speculative excess, these are the sectors still demonstrating product-market fit and revenue.
On the other side is crypto’s intersection with artificial intelligence (AI). Qureshi said he is spending time on AI agents capable of transacting onchain, even though if “you give an AI agent some crypto, it’s probably going to lose it within a couple days.” The opportunity is real, but so are the attack vectors and design flaws.
The cautious tone reflects lessons learned. Qureshi said he initially dismissed non-fungible tokens (NFTs) as “definitely a bubble,” only to reverse course months later and back infrastructure plays like Blur. That experience, he said, was a reminder to balance conviction with adaptability in fast-moving cycles.
Dragonfly also famously missed an early opportunity in prediction market Polymarket.
“We were actually his first term sheet,” Qureshi said of founder Shayne Coplan, but passed when a rival fund offered a higher valuation. “Generational miss,” he called it, although Dragonfly later joined a 2024 round before the U.S. election and is now a major shareholder. The takeaway: Thematic conviction, in this case around prediction markets, can take years to pay off.
Maximum Frequency Ventures’ Mo Shaikh argued that venture success in crypto still hinges on long time horizons. His best thesis, he said, wasn’t a trade but a 15-year bet that blockchain could re-architect financial risk systems.
“Have a 15-year timeline,” he advised, urging founders and investors to resist 18-month cycle thinking.
If the venture environment feels tighter, Pantera Capital’s data supports it. Managing partner Paul Veradittakit said crypto VC capital rose 14% year over year, even as deal count fell 42%, evidence, he said, of a “flight to quality.” Investors are concentrating into “accomplished entrepreneurs” and “tangible use cases.”
After more than a decade fundraising in crypto — from $25 million early funds dominated by family offices to today’s $6 billion platform — Veradittakit sees institutions increasingly driving the next leg. But his advice to founders in a softer market was blunt. “Focus on product, market fit … If there is a token, it’ll naturally come.”
In a downshifted cycle, the venture message is clear: scale what works, experiment selectively and don’t confuse narrative with fundamentals.
Crypto World
JPMorgan bullish on crypto for rest of year as institutional flows set to drive recovery
Wall Street bank JPMorgan is striking a constructive tone on crypto despite the plunge so far this year, arguing that institutional inflows and regulatory clarity could underpin the next leg higher for digital assets.
“We are positive in crypto markets for 2026 as we expect a further rise in the digital asset flow but more led by institutional investors,” analysts led by Nikolaos Panigirtzoglou, said in the Monday report.
The optimism comes despite the recent sharp correction, which dragged bitcoin below the bank’s estimated production cost, a level that has historically acted as a soft price floor. The world’s largest cryptocurrency was trading around $66,300 at the time of publication.
Crypto markets have endured a steep pullback over the past few weeks. Bitcoin briefly fell below key breakeven levels tied to miner production costs, compressing sentiment and trimming onchain activity.
Despite the drawdown, volatility remains elevated and institutional interest has held up better than retail engagement, setting the stage for a potential rebound if capital rotation into digital assets resumes.
The analysts now estimate bitcoin’s production cost at roughly $77,000, down significantly in recent weeks. While prolonged trading below that level could pressure miners and force higher-cost operators offline, in turn lowering the aggregate production cost, the bank sees the dynamic as ultimately self-correcting.
At the same time, bitcoin’s relative appeal has improved. Gold has significantly outperformed BTC since October, while the precious metal’s volatility has climbed sharply. That combination, the report argued, makes BTC look increasingly attractive versus gold on a long-term basis.
JPMorgan expects a rebound in digital asset flows in 2026, led primarily by institutional investors rather than retail traders or digital asset treasuries (DATs). That shift, it says, will likely be supported by further regulatory progress in the U.S., including potential passage of additional crypto legislation such as the Clarity Act.
Read more: Bitcoin a tech trade for now, not digital gold, says Grayscale
Crypto World
USD Under Pressure Ahead of NFP: Yen and Loonie in Focus
The dollar continues to decline ahead of the US January labour market report and has yet to show signs of firm stabilisation. Pressure on the US currency persists, although it is possible that following the release of the employment data the dollar may attempt to steady and find short-term support.
Investors are still trimming dollar positions in advance of the Non-Farm Payrolls report, as well as the unemployment rate and wage growth figures, which are viewed as key indicators for assessing the Federal Reserve’s next steps. After a spike in volatility at the start of the week, trading activity has eased and the market has shifted into wait-and-see mode, watching whether the data will confirm a gradual easing scenario or instead provide grounds for dollar stabilisation and a corrective rebound.
USD/JPY
USD/JPY remains under pressure amid NFP expectations and domestic developments in Japan. The yen found support after Prime Minister Sanae Takaichi’s decisive victory in the snap election, which boosted investor confidence in the country’s economic outlook.
The sharp rally in Japan’s equity market and fresh record highs in the Nikkei and Topix indices have been interpreted as a sign of political stability and the potential for large-scale reforms. This has strengthened demand for the yen and added downward pressure to USD/JPY.
Technical analysis suggests a possible retest of the January extremes near 152.20–152.70, as a bearish engulfing pattern has formed on the daily timeframe. The bearish scenario would be invalidated by a sustained move above 154.50.
Key events for USD/JPY:
- Today at 15:30 (GMT+2): US Non-Farm Payrolls
- Today at 15:30 (GMT+2): US average hourly earnings
- Today at 17:15 (GMT+2): Speech by FOMC member Michelle Bowman

USD/CAD
As expected, a test of the key resistance zone at 1.3700–1.3720 brought the upward impulse to an end. Following the formation of a dark cloud cover pattern, the pair declined towards 1.3520.
Should US employment data disappoint, a renewed test of the 1.3480 low is possible. A resumption of the upward correction may be considered only after a confident break and hold above 1.3580.
Key events for USD/CAD:
- Today at 15:30 (GMT+2): Canadian building permits
- Today at 17:30 (GMT+2): US crude oil inventories
- Today at 20:30 (GMT+2): Bank of Canada summary of deliberations

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Crypto World
Cisco (CSCO) Stock Q2 Earnings: What to Expect from Today’s Report
TLDR
- Cisco reports Q2 fiscal 2026 earnings Wednesday after market close with analysts expecting $1.02 EPS on $14.88 billion revenue
- Stock has surged 37% over the past year fueled by AI infrastructure demand from cloud and hyperscale customers
- UBS analyst forecasts Product orders to grow high single digits while AI orders may hold flat at $1.3 billion sequentially
- Options market implies 6.22% post-earnings move, more than double the stock’s typical 3.01% swing
- Company launched new AI networking chip Tuesday to compete directly with Broadcom and Nvidia
Cisco releases second quarter fiscal 2026 results after the bell Wednesday, February 11. The conference call follows at 4:30 pm ET.
Wall Street expects earnings per share of $1.02, up 8.5% year-over-year. Revenue estimates sit at $14.88 billion, representing 1.55% growth.
The consensus figures match Cisco’s guidance of $1.01 to $1.03 per share on $15.0 billion to $15.2 billion in revenue. With numbers aligned, investors will focus on forward guidance and AI order momentum.
CSCO stock has jumped 37% over the past year. Strong demand for AI networking infrastructure has powered the rally across cloud providers and enterprise customers.
The company announced a new AI networking chip Tuesday, positioning itself against Broadcom and Nvidia. The timing ahead of earnings suggests management wants to emphasize its AI credentials.
Analyst Expectations Point Higher
UBS analyst David Vogt maintains a Buy rating with a $90 price target. His industry checks indicate revenue could top his $15.05 billion estimate on strengthening enterprise markets.
Vogt projects Product orders rising high single digits, down from 13% growth last quarter. He conservatively expects AI orders flat sequentially at $1.3 billion, about 20% of his $6.2 billion full-year target.
Meta Platforms’ recent capex disclosure supports the AI thesis. Meta reported Q4 2025 capex of $22.1 billion, up 49% yearly, with 2026 guidance of $125 billion at the midpoint.
Cisco’s remaining performance obligations reached $42.9 billion in October, up 7.2% year-over-year. This backlog metric will signal whether AI deals continue converting to revenue.
Evercore analyst Amit Daryanani holds a Buy rating with a $100 price target. He highlighted Cisco’s Silicon One products including G200 and P200-based systems following the company’s AI Summit.
Options Activity Signals Volatility
Options traders expect a 6.22% move in either direction after earnings. That’s more than double the 3.01% average post-earnings move over the past four quarters.
The elevated implied volatility reflects investor uncertainty about AI order sustainability. Wall Street assigns a Strong Buy consensus with 10 Buy ratings and three Holds.
The average analyst price target of $91.30 implies roughly 6% upside. TipRanks’ AI Analyst rates the stock Outperform with a $96 target, citing solid fundamentals and positive technical indicators.
Cisco offers a 2.1% dividend yield. Management’s full-year fiscal 2026 guidance calls for $60.2 billion to $61.0 billion in revenue with EPS of $4.08 to $4.14.
The key questions for Wednesday’s call center on AI infrastructure momentum, enterprise spending trends, and whether management feels confident enough to raise full-year targets. Any hints of AI order delays or margin pressure could test the stock’s 37% run.
Investors will also watch for commentary on the competitive landscape after Tuesday’s chip announcement. Cisco disclosed over $2 billion in AI infrastructure orders during fiscal 2025 and has suggested the fiscal 2026 pipeline could exceed $3 billion.
The company ended Q1 with cumulative AI orders topping $2.1 billion. Converting that backlog into recognized revenue remains critical for sustaining growth and justifying the stock’s recent valuation expansion.
Crypto World
BNB & Toncoin Stall as BlockDAG’s Mainnet Goes Live! Here’s Why Traders Are Rushing to Secure 200x ROI Potential
The crypto market is in a bearish mood, and major coins are reflecting the trend. The Binance Coin price recently dipped to $643.38, showing weekly losses of nearly 15%. The Toncoin price is also sliding, trading below all key moving averages and facing persistent downward pressure.
Yet in the middle of all this volatility, one project is moving upward: BlockDAG (BDAG). The coin has quickly become the most popular cryptocurrency of the quarter, with major milestones ahead, including exchange listings on February 16 and today’s TGE event.
And its long-awaited mainnet has gone live today! Now, traders have a final chance to secure a 200× ROI in its last allocation phase, before the opportunity vanishes forever. Let’s explore the BNB and TON outlook and see why experts are calling BDAG a must-buy coin today.
Binance Coin Price Holds Despite Selling Pressure
The Binance Coin price has slipped to $643.38 now as overall crypto market activity has slowed. Now, the weekly losses are nearing 15%, signaling persistent selling pressure. Trading volume dropped sharply, yet long-term investors are holding their positions, closely watching for potential recovery opportunities. Analysts point out that BNB remains within a multi-year accumulation phase, with strong support around $421 and a deeper fallback near $305 if needed.
Historically, Binance Coin price surged in 2021 before entering a prolonged sideways consolidation. A recent breakout above this channel suggests the start of a potential bullish cycle. Medium-term targets sit near $1,385, while longer-term projections range from $2,000–$3,000, with speculative scenarios even reaching $10,000, though these remain probabilistic.
Toncoin Price Stuck Below Key Resistance
The Toncoin price is currently trading at $1.411, marking a weekly decline and staying below all major moving averages, MA-20 ($1.459), MA-50 ($1.596), and MA-200 ($2.308), showing persistent downward pressure. Technical signals, including MACD and ADX, point to continued selling, while RSI at 44 and an overbought Stochastic RSI suggest mixed short-term momentum.
The nearest support lies at $1.35, with resistance near $1.48, limiting the likelihood of a strong breakout. Over the coming week, Toncoin price is expected to trade sideways within this range, with further declines possible if support fails. Analysts note that without a decisive move above $1.48, bearish conditions may persist, though short-term range trading could continue between $1.35 and $1.48.
Mainnet Live: Why BlockDAG Is The Market Favorite Today
BlockDAG has quickly become the most popular cryptocurrency of 2026, fast approaching its exchange listings on Feb 16, less than a week away. And today marks a huge step in its launch roadmap: mainnet activation. The BlockDAG Mainnet is live, the network is fully operational, and real transactions are being verified on the BlockDAG Explorer. Now, holders just need to keep their presale wallet or linked dashboard ready for what comes next.
The Token Generation Event (TGE) also begins today on February 11, 2026.. The claiming process has kicked off. Users simply log in to the BlockDAG dashboard, connect their presale wallet, and select “Claim BDAG.” Tokens will be sent directly on-chain, no extra forms, no hidden fees, just standard gas costs. The portion unlocked at TGE depends on presale allocations, and any remaining tokens will automatically follow the vesting schedule.
Now, the final BDAG allocation is live at just $0.00025. Compared to the $0.05 launch price, buyers are looking at an instant 200× potential upside if they act before the TGE closes. Staking in the network is also tied to BDAG ownership. CEO Nicolaas David van den Bergh made it crystal clear in a recent Binance AMA: staking rewards are only for BDAG holders. No BDAG, no staking. No staking, no rewards.
Once claimed, BDAG can be traded, staked, or used according to vesting rules. This clear launch roadmap ensures everyone, from first-timers to seasoned traders, can confidently step into the mainnet and start earning. With the network processing its first real transactions today and 200× potential on the table, it’s a rare chance to join before BDAG hits exchanges and the price moves out of reach.
Final Thoughts
Right now, the Binance Coin price is hanging around make-or-break levels. Support near $421 is the main cushion if the market stays weak, while $305 is the last safety net if things turn rough. On the upside, a move toward $1,385 would be a strong sign that confidence is returning.
The Toncoin price action feels more bearish, staying below all its key averages. With $1.35 acting as the floor and $1.48 as the ceiling, TON looks set to drift sideways unless buyers step in with real conviction.
BlockDAG, on the other hand, is in a completely different league. With its mainnet live, TGE set for today on Feb 11, and exchange listings less than a week away, it’s clear why it ranks as the most popular cryptocurrency right now.
And the final allocation phase means there’s a rare chance to score 200x ROI. Simply put, with staking rewards, a clear launch plan, and a massive upside still on the table, BDAG isn’t just another promise; it’s the one opportunity that’s actually moving while others hit pause.
Private Sale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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