KuCoin Crypto Daily(2026-02-08)

iconKuCoin Crypto Daily
Share


Today's Highlights

1. Grant Cardone Reveals Challenges in Selling High-Value Gold and Silver

2. Chainstory Report Finds Majority of Crypto Press Releases from High-Risk or Fraudulent Projects

3. CFTC Updates Guidance on National Trust Banks as Stablecoin Issuers

4. Breaking: Jim Cramer Claims Trump Bought Bitcoin for US Strategic Reserve

5. Bitcoin Recovers to Above $69,000 After Week of Volatility

6. Vanar Chain Focuses on Scalable, Creator-Friendly Web3 Infrastructure


Macro News

Jim Cramer Claims Trump Filled Bitcoin Reserve at $60K

Jim Cramer stated that President Trump purchased Bitcoin for the US strategic reserve during the recent market crash, reportedly at $60,000 per coin.


Bitcoin ETF Holders Remain Despite 42% Paper Loss

Bitcoin ETF investors are maintaining their positions despite a 42% loss in value, with outflows remaining relatively modest.


Vietnam Proposes 0.1% Tax on Crypto Trades

Vietnam is considering a 0.1% tax on cryptocurrency trades, treating digital assets similarly to stocks, which could significantly impact the local crypto market.


Bitcoin Cash Analyst Targets $1,509.89 Amid Rising DeFi Adoption

A Bitcoin Cash analyst has set a price target of $1,509.89, citing increased DeFi adoption as a potential driver for the asset.


Bitcoin Tokenization on XRP Ledger Expected by End of February

Ripple plans to tokenize Bitcoin on the XRP Ledger by late February, offering faster settlements and lower fees, with plans to expand to Ethereum and Solana.


Industry Hotspots

Uniswap v4 Launched on Ethereum Mainnet

Uniswap v4 has been officially deployed on the Ethereum mainnet, introducing new Hooks functionality and a singleton contract design to reduce gas fees.


Ripple Custody to Tokenize Bitcoin on XRP Ledger

Ripple Custody will mint tokenized Bitcoin on the XRP Ledger, enabling 3-4 second settlements and significantly lower fees compared to traditional blockchain transactions.


Metaplanet Maintains Bitcoin Accumulation Strategy

Despite market volatility, Japan-based Metaplanet announced it will continue its Bitcoin accumulation strategy, holding 210,000 BTC.


Vanar Chain Builds Creator-Friendly Web3 Infrastructure

Vanar Chain is focusing on scalable infrastructure for gaming and real-world digital assets, emphasizing long-term impact and utility.


HBAR Attracts Global Institutions Across Multiple Sectors

HBAR has drawn support from global institutions in tokenization, AI, payments, sustainability, and supply chain, including NVIDIA, Intel, and the US Federal Reserve.


KOL and Institutions

@Fincoins

BTC: $69,534.77 (-1.26%), ETH: $2,098.75 (+1.99%), BNB: $649.57 (-0.98%), SOL: $87.83 (+0.49%), XRP: $1.44 (-2.19%), ADA: $0.27 (-0.62%)

@gimuchiyeon

All Crypto Worth: $2.4T (+3.4% in 24h), BTC: $68,857 (+3.8%), ETH: $2,038 (+6.3%), Fear & Greed Index: 6 (Extreme Fear)

@javedahmedhere

BTC: $69,330 (-2.6%), ETH: $2,090 (+0.8%), SOL: $88 (-1.1%), Fear & Greed: 6 (Extreme Fear)

@TiburonApp

Bitcoin has dropped 44% from its October peak, raising questions about whether the move is a buying opportunity or a warning sign.

@YetiFAi

Jan3 CEO Samson Mow claims Bitcoin remains undervalued as the bear market nears its end, citing strengthening fundamentals.

@QuantEdgeGlobal

ETH triggered a short signal at $2,072.09 with a bearish breakdown on the 15m Bollinger Bands strategy, indicating downward momentum.

@ClappFinance

Market imbalance shows $5.4B in shorts versus $1.1B in longs, suggesting a potential sharp move could flip sentiment quickly.

@elonmusk

Bitcoin’s moonwalk better be real—otherwise Satoshi Nakamoto’s ghost just played a prank.

@blokfeed

Bitcoin closed at $69,269, showing a slight dip and maintaining its short-term downtrend, while Ethereum ended at $2,087 with a modest gain.

@NordFX

Bitcoin remains fragile below $73,000 amid elevated volatility, with EUR/USD consolidating near 1.18 and gold showing a bullish bias above $4,770.

@JesseWhit00

On-chain metrics show a mixed market with SOL leading at +1.28%, DOGE up +0.21%, and ADA down -0.40%.

@coingecko

Still holding $FOXY and $LINEA, with potential for significant growth from their current low market caps.

@BlackRock

BlackRock’s IBIT ETF has been linked to Bitcoin’s recent market crash, raising questions about its role in price movements.

CFTC

CFTC updated guidance to name national trust banks as stablecoin issuers, signaling regulatory clarity in the stablecoin space.

Chinese Central Bank

Chinese regulators have banned the unauthorized issuance of yuan-pegged stablecoins overseas and extended restrictions to tokenized real-world assets.

This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.