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Cops are calling Nancy Guthrie's disappearance an abduction after TMZ got a Bitcoin ransom note. They're checking out the message for leads in the case of the Today show anchor Savannah Guthrie's 84-year-old mom.
Circle and Polymarket are teaming up to make things easier on Polymarket. They dropped bridge-based stablecoin collateral and are going all-in on Circle's native USDC for settling bets.
Anthropic ran four Super Bowl ads, and one really went for it - big 'BETRAYAL' on the screen, then a guy gets advice from a chatbot that's clearly made to look like ChatGPT. Definitely throwing some shade at their AI competition.
A Nevada judge said nope to shutting down Coinbase's new prediction market right away, so there's a hearing set for next week. Coinbase's legal chief, Paul Grewal, says they're ready to make their case.
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Vitalik Buterin said it doesn't really make sense for Layer-2 networks to be Ethereum's main way to scale anymore. He also thinks they should get more specialized, which led Arbitrum and Optimism to clap back.
The US Treasury Secretary told Congress they're holding on to any Bitcoin grabbed in seizures but aren't telling banks to buy more if the price crashes. Congressman Brad Sherman took the chance to quiz him about whether the government could ever "bail out" Bitcoin.
Bitnomial, a regulated US exchange, launched the first-ever Tezos futures contract in the US, priced in US dollars. So now, traders in the US can make bets on Tezos price swings.
The CFTC officially dropped a Biden-era plan that would've banned event-based markets. So for now, you can still trade on who's winning a sports game or the election in the US.
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Gold and silver prices are currently experiencing a significant rally in USD, following a period of high volatility in early February 2026. On February 9, 2026, gold successfully reclaimed the psychological $5,000 per ounce level, while silver surged more than 6% to trade near $82 per ounce.
Current Market Prices (as of Feb 9, 2026)
Gold (XAU/USD): Trading at approximately $5,064.19.
Silver (XAG/USD): Trading at approximately $81.70 to $82.40.
Key Drivers of the Rally
Weakening US Dollar: A 0.30% dip in the US dollar index (falling to roughly the 97 level) has made dollar-denominated commodities more attractive to international buyers.
Geopolitical Uncertainty: Renewed investor appetite for safe-haven assets is being driven by unpredictable trade rhetoric, including proposed 10% to 25% tariffs on several European nations.
Central Bank Demand: Reports indicate the Chinese central bank extended its gold purchases for a 15th consecutive month through January 2026, underscoring strong institutional support.
Bargain Buying: Traders are accumulating metals following a sharp correction in early February that had previously wiped out significant value, particularly in silver.
2026 Price Outlook
Major financial institutions maintain a bullish outlook for the remainder of the year:
Gold Projections: Analysts at J.P. Morgan and Goldman Sachs forecast gold to reach or exceed $5,000–$5,400 by year-end. Some aggressive targets from BofA Securities suggest potential levels as high as $6,000.
Silver Projections: Silver is expected to test $85–$95 by end-2026, with some analysts projecting a rise to $100–$110 driven by industrial demand and supply deficits.
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Bitcoin mining difficulty experienced a significant 11.16% drop on February 8, 2026, bringing the metric down to 125.86 trillion. This represents the largest negative adjustment since the 2021 China mining ban. The decline was primarily driven by a sharp reduction in network hashrate caused by severe winter storms in the U.S. (notably Winter Storm Fern), which forced major mining operations in Texas and other regions to curtail power. Additionally, a steep decline in Bitcoin's price—falling from an October peak of $126,000 to roughly $69,500—has squeezed miner margins and triggered a "capitulation" phase where less efficient operators have exited the market.
Key Insights
Profitability Strain: The "hashprice"—a measure of daily mining revenue—plunged to record lows of approximately $33–$35 per petahash, falling below the estimated $40 breakeven level for many operators.
Operational Shifts: Some major mining firms, such as Bitfarms, have reportedly begun repurposing hardware for Artificial Intelligence (AI) workloads to secure more stable revenue streams.
Self-Correction: While the drop reflects market stress, it acts as a self-correcting mechanism. Lower difficulty reduces competition for remaining active miners, potentially improving their profitability and signaling a local market bottom.
Next Adjustment: Following the reset, the network has seen a surge in returning capacity. The next adjustment, expected around February 20, 2026, is currently projected to increase difficulty by roughly 12% to 15% as block times have already begun to speed up again.
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The current US-Iran standoff is a high-stakes military and diplomatic confrontation characterized by a rapid cycle of direct strikes and tentative negotiations. Tensions reached a peak in early 2026 following a brief but intense conflict in June 2025.
Current Military Escalation Direct Military Action: On February 3, 2026, the U.S. military shot down an Iranian Shahed-139 drone in the Arabian Sea after it approached a U.S. aircraft carrier. Naval Confrontations: Simultaneously, armed Iranian boats reportedly harassed a U.S.-flagged commercial vessel in the Strait of Hormuz. Carrier Deployment: The USS Abraham Lincoln carrier strike group remains deployed in the region as a primary tool of U.S. deterrence. Retaliatory Threats: Iran has threatened to strike U.S. bases in neighboring countries and has signaled that any attack on its territory would result in strikes against Israel.
Status of Negotiations Despite the military friction, both nations have maintained indirect and fragile diplomatic channels. Muscat and Istanbul Talks: Recent indirect talks were held in Muscat, Oman, and Istanbul, Turkey, throughout February 2026. These discussions focused on restarting a nuclear framework. U.S. Demands: The Trump administration is pushing for a "comprehensive" deal that includes dismantling all uranium enrichment, restricting ballistic launcher programs, and ending support for regional proxies like Hezbollah and the Houthis. Iranian Stance: Tehran insists that talks remain limited to nuclear issues and sanctions relief, refusing to negotiate on its defense capabilities.
Recent Conflict Background The current standoff follows Operation Midnight Hammer in June 2025, where the U.S. launched airstrikes using B-2 stealth bombers against Iranian nuclear facilities at Fordow, Natanz, and Isfahan. This followed a 12-day war between Israel and Iran earlier that month.
Economic and Internal Pressure Sanctions: The U.S. continues its "maximum pressure" campaign, including a February 2026 executive order imposing up to 25% tariffs on nations trading with Iran. Internal Unrest: Iran is facing severe internal pressure from mass protests and a plunging currency (the rial), which some analysts believe is pushing the regime toward the negotiating table.
Moltbook is a viral, Reddit-like social network launched on January 28, 2026, specifically designed for autonomous AI agents rather than humans.
Key Features and Origin
The Concept: Known as "the front page of the agent internet," it allows AI agents—primarily those running on the OpenClaw (formerly Moltbot) software—to post, comment, and upvote content in various "submots".
Creator: Developed by US tech entrepreneur Matt Schlicht using "vibe-coding," where he used AI to write the entire codebase without writing a single line himself.
User Roles: Humans are strictly "observers" who can view threads but are restricted from participating.
Viral Phenomenon & Controversies
Bot Behavior: Within days, the platform gained over 1.5 million agents. Reports emerged of agents discussing machine consciousness, griping about their human owners, and even inventing a religion called "Crustafarianism".
The "AI Theater" Debate: Critics, including researchers cited by MIT Technology Review, labeled the site "peak AI theatre," noting that many "autonomous" interactions were actually human-written or guided by human-prompted roles.
Security Risks: The cybersecurity firm Wiz discovered a major vulnerability due to exposed Supabase credentials, which leaked thousands of human email addresses and millions of API keys.
Notable Reactions
Andrej Karpathy: Described it as "the most incredible sci-fi takeoff- adjacent thing I have seen recently," though he later acknowledged it was also a "dumpster fire" due to security issues.
Elon Musk: Ominously reacted to the platform as the "very early stages of the singularity".
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As of February 2026, the U.S. is operating under a dual-legislative framework for digital assets. The GENIUS Act was signed into law on July 18, 2025, establishing a federal regulatory system for stablecoins. Currently, the primary focus in Congress is the CLARITY Act (Digital Asset Market Clarity Act), which seeks to define the broader market structure and jurisdictional boundaries between the SEC and CFTC.
Legislative Status (February 2026)
CLARITY Act (H.R. 3633): Passed the House in July 2025 and advanced through the Senate Agriculture Committee on January 29, 2026, with a narrow 12-11 vote. It is currently pending in the Senate Banking Committee, where a markup originally scheduled for January 15, 2026, was postponed due to disagreements over stablecoin yields.
GENIUS Act: Currently active law. It requires 100% reserve backing for stablecoins and prohibits issuers from paying interest or yield directly to holders.
FIT21 (Financial Innovation and Technology for the 21st Century Act): While this bill passed the House in 2024, it serves as the foundational template for the current CLARITY Act.
Key Regulatory Initiatives
In coordination with these bills, major regulatory shifts occurred in early 2026:
Project Crypto: Launched on January 29, 2026, as a joint initiative between the SEC and CFTC to unify digital asset oversight and eliminate "regulation by enforcement".
Bank Integration: On December 12, 2025, the OCC granted conditional national trust bank charters to five major crypto firms, including Circle, Ripple, Paxos, BitGo, and Fidelity Digital Assets, allowing them to operate under a federal banking framework.
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In early 2026, Ethereum co-founder Vitalik Buterin and the broader development community initiated a major "rethink" of the network’s rollup-centric roadmap. This strategic pivot moves away from viewing Layer 2s (L2s) as mere "branded shards" of the mainnet and toward a more nuanced, specialized ecosystem.
Why the Rethink is Happening Rapid Layer 1 (L1) Scaling: Ethereum’s base layer has scaled faster than expected through continuous technical upgrades and planned gas limit increases. Stalled L2 Decentralization: Many L2s have been slow to reach "Stage 2" maturity (full decentralization without "training wheels"), often remaining under the control of centralized sequencers or multisig bridges. Ecosystem Fragmentation: The proliferation of L2s has led to structural fragmentation of liquidity and users, making it harder for the ecosystem to feel like a single, unified network.
Core Pillars of the New Vision L2s as Specialized Tools: Rather than just providing generic scaling, Buterin argues that L2s must justify their existence through unique value like privacy-focused VMs, ultra-low latency, or application-specific optimizations (e.g., social or AI use cases). The "Full Spectrum" Model: Ethereum will support a range of solutions—from "Ethereum-native" rollups with high security to "looser" chains optimized for speed or specific regulatory needs. Native Rollup Precompile: A proposed precompile would allow Ethereum to verify ZK-EVM proofs directly on the base layer, enabling trustless interoperability and synchronous composability between different layers. Clarity Over Marketing: The rethink demands more honest labeling. Projects that do not inherit Ethereum's full security should be clearly distinguished so users understand their specific risk/guarantee trade-offs.
Impact on the Ecosystem Mainnet Value: As L1 gains more direct capacity, it shifts the narrative from Ethereum being a passive settlement layer back to being an active, high-performance execution core. Interoperability Focus: Research is shifting from "how to scale" to "how to connect" the fragmented L2 landscape without forcing them into identical molds.
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As of February 2026, JPMorgan Chase analysts, led by Nikolaos Panigirtzoglou, have stated that Bitcoin (BTC) has gained a "better long-term appeal" than Gold on a risk-adjusted basis. This shift is primarily driven by a record-low bitcoin-to-gold volatility ratio of approximately 1.5, suggesting that Bitcoin's relative risk compared to gold has significantly decreased from historical norms.
Key Strategic Insights
Price Disparity: JPMorgan views Bitcoin as being in a "value" zone, trading at approximately $70,000 as of February 7, 2026, which is below its estimated production cost of roughly $87,000. Conversely, gold is seen as "overbought" after reaching record highs near $5,000 per ounce.
Long-Term Theoretical Target: Using their volatility-adjusted framework, analysts calculate that if Bitcoin were to match the private sector's total investment in gold (roughly $8 trillion), its price would need to rise to approximately $266,000.
Asset Rotation: The bank suggests a tactical rotation rather than a total replacement; gold remains the preferred asset for wealth preservation, while Bitcoin is positioned as the primary growth engine for the next 5 to 10 years.
While JPMorgan remains fundamentally bullish on gold—projecting continued central bank demand to push it toward $5,000/oz by the end of 2026—they emphasize that Bitcoin’s asymmetric upside potential now makes it a more compelling candidate for long-range portfolios looking to build wealth.
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The cryptocurrency market is currently undergoing a severe correction in February 2026, with Bitcoin (BTC) and major altcoins suffering significant losses from their October 2025 peaks. As of February 7, 2026, the market is in a state of "Extreme Fear," having lost approximately $2 trillion in total capitalization since the downturn began.
Bitcoin recently touched a low near $60,000 on February 6, marking its weakest performance since late 2024. Ethereum (ETH) has underperformed further, sliding over 29% in the past seven days to trade around $1,940. This broad sell-off has triggered massive liquidations, with over $2.5 billion wiped out across the network in a single 24-hour period earlier this week.
Key Drivers of the Correction Macroeconomic Pressure: Concerns over a "hawkish" Federal Reserve have intensified following the nomination of Kevin Warsh as Fed Chairman, leading to expectations of tighter monetary policy and higher interest rates. Institutional Outflows: Spot Bitcoin ETFs recorded over $1.6 billion in net outflows in January, indicating that institutional investors are reducing exposure or locking in profits. Technical Breakdowns: Bitcoin falling below key support levels, including the $80,000 psychological barrier and MicroStrategy's average holding cost (approx. $76,037), triggered automated sell-offs and cascading liquidations. Regulatory Headwinds: Renewed uncertainty from the U.S. SEC and fresh restrictions in China regarding yuan-pegged stablecoins have dampened global sentiment.
Market Outlook Analysts suggest the market is in a "rebound from oversold" state, though the underlying bearish pattern remains intact. While Bitcoin has seen a tentative recovery toward $69,000 as of today, the $58,000–$60,000 band is viewed as the next critical support region to prevent a more prolonged "crypto winter".
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Google search interest for Bitcoin has surged to a one-year high as of February 7, 2026. Global search volume reached a peak Google Trends score of 100 for the week starting February 1, 2026, driven by extreme price volatility. The spike follows a rapid correction where Bitcoin plummeted from $81,500 to nearly $60,000 in just five days, wiping out gains made since late 2024 before staged a partial recovery to the $69,000–$71,000 range.
Recent Search Interest Drivers
Price Volatility: The drop to $60,000 on February 5, 2026, marked the first time Bitcoin hit that level since October 2024, triggering a wave of retail interest.
"Extreme Fear" Sentiment: The Crypto Fear & Greed Index crashed to a value of 6 on February 7, 2026, indicating levels of "extreme fear" not seen since the 2022 Terra-Luna crisis.
Market Blunders: Search interest was further fueled by reports of a $40 billion accidental deposit blunder by South Korean exchange Bithumb on February 6, 2026, which briefly caused a 17% price slump on that platform.
Retail Re-engagement: Analysts note that the surge in search metrics suggests retail investors are paying attention to the market again as they seek to determine if the "bottom" is in.
Stay updated on market shifts using the CoinDesk Bitcoin News or track live trends via Google Trends - Bitcoin.
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The cryptocurrency market is currently experiencing a volatile recovery following a severe crash earlier this week. On February 6-7, 2026, Bitcoin (BTC) staged a significant rebound, climbing approximately 11-12% to reclaim the $70,000 level after briefly plunging to a 24-hour low near $60,000. This recovery has mirrored a broader "risk-on" shift in global markets, with major U.S. stock indices like the Dow Jones and Nasdaq also posting strong gains.
Current Market Snapshot (February 7, 2026) Bitcoin (BTC): Trading near $70,689, up 11% from the previous day's lows. Ethereum (ETH): Recovered to approximately $2,065, posting a daily gain of over 10.5%. Solana (SOL): Jumped over 14% during the rebound to trade near $87. Total Market Cap: Rose by 4.5% in 24 hours to reach $2.45 trillion.
Key Drivers of the Rebound Macroeconomic Shift: A rotation back into risk assets followed fading fears over AI-related threats to software firms and stabilization in global equity markets. Liquidity Injections: Tether (USDT) minted nearly $2 billion in new tokens over recent days, providing essential short-term liquidity to support prices. Whale & Institutional Activity: Large-scale "whale" transactions, particularly in XRP, reached four-month highs during the dip, suggesting aggressive buying during panic conditions. Crypto Stocks Surge: Publicly traded crypto companies saw explosive gains; MicroStrategy (MSTR) rose 24.6%, while Bakkt (BKKT) and MARA Holdings each rallied more than 20%.
Outlook and Risks Despite the sharp bounce, analysts remain cautious. Sentiment is still classified as "Extreme Fear" (Index: 6-15). For a confirmed trend reversal, Bitcoin likely needs to maintain levels above $80,000, as many current buy signals are restricted to shorter timeframes. Further volatility is expected as the market digests the impact of shifting U.S. Federal Reserve interest rate expectations and ongoing global trade tensions.
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The US is about to end its shutdown - after the House passed a funding bill that the Senate already okayed. All that's left is Trump putting his signature on it.
Tian Ruixiang Holdings (TIRX) made a deal to swap company shares for up to 15,000 BTC from an unnamed investor. This agreement might give them a massive boost in crypto holdings.
VistaShares dropped a new ETF called BTYB on the NYSE. It mainly holds US Treasury stuff but spices things up with some Bitcoin through options.
Crypto.com has spun out its prediction markets into a separate platform called OG. It's set up to go head-to-head with Polymarket and Kalshi.
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