Your quick daily insight into the markets – as of 10:00 AM (HKT), Feb 10
1. Michael Saylor hints at a positive move for Bitcoin with another purchase planned for Monday.
2. Bitcoin faces caution from analysts like Dave the Wave suggesting a bullish outlook remains.
3. Ethereum hits a new 4-month low in supply in profit, but the Ethereum Foundation shifted 50,000 $ETH to a DeFi wallet, sparking positive market inflows.
4. Ethereum’s performance lags behind altcoins like Solana and XRP.
5. A former Beijing Financial Bureau deputy director has been sentenced to 11 years in prison for money laundering with Bitcoin.
6. Investor confidence in Bitcoin remains strong as institutions like the University of Austin launch Bitcoin investment funds.
7. Gold continues to outperform Bitcoin as a safe haven asset amid financial market turbulence.