Understanding the Recent Bitcoin Market Dynamics: ETF Redemptions and Price Movement Bitcoin experienced a notable sell-off recently, coinciding with a surge in on-chain activity related to BlackRock’s spot Bitcoin ETF, known as IBIT. Analyzing the blockchain data, we see that substantial transfers, approximately 2,268 BTC, were directed towards Coinbase Prime.…

Cango’s Strategic Shift: Selling 4,451 BTC to Embrace AI Infrastructure Cango (NYSE: CANG) recently made headlines by selling 4,451 BTC over the weekend, a strategic move aimed at partially repaying a bitcoin-collateralized loan. This decision, which netted approximately $305 million in Tether’s USDT stablecoin, seeks to strengthen Cango’s balance sheet…

Ethereum’s Price Recovery and Upcoming Regulatory Insights As of February 10, 2026, Ethereum has exhibited resilience, recovering to approximately $2,080 following a sharp decline the previous week. This recovery aligns with broader stabilization in the cryptocurrency market, which saw a 1.03% increase in market cap, reaching $2.39 trillion in the…

The Current Landscape of Dogecoin: A Deep Dive into Market Dynamics Amid a tumultuous cryptocurrency market, memecoins, particularly Dogecoin (DOGE), are experiencing notable fluctuations. Following a rejection at the critical resistance level of $0.15, DOGE has settled into a descending channel, dipping to a low of $0.08 before experiencing a…