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10 Feb 2026, 12:55

Russian Lawmaker Predicts Bitcoin Collapse While Smart Money Rotates into Layer 2 Utility

Quick Facts: Russian official Anatoly Aksakov predicts Bitcoin’s collapse due to lack of state backing, though market data contradicts this outlook. Bitcoin Hyper counters utility concerns by integrating the Solana Virtual Machine (SVM) to bring high-speed smart contracts to Bitcoin. Sophisticated investors have poured over $31.3M into the project’s presale, signaling a shift toward Layer 2 infrastructure. Whale wallets are actively accumulating, with recent on-chain activity showing seven-figure positioning in the protocol. Anatoly Aksakov, Chairman of the Russian State Duma Committee on Financial Market, is at it again. He has once again targeted the world’s leading cryptocurrency, asserting that Bitcoin is ‘destined to collapse.’ As a vocal fan of the Digital Ruble, Aksakov argues that without state backing, decentralized assets simply can’t survive the long haul. It’s a bold stance, especially given Russia’s mixed signals, legalizing industrial mining for tax revenue while strictly banning crypto for buying your morning coffee. Headline-grabbing doom predictions from central bankers are nothing new (sound familiar?), but the market isn’t flinching. Institutional flows into Bitcoin products remain strong, suggesting investors see this as protectionist noise rather than serious analysis. Yet, Aksakov accidentally hits on a real issue: utility. If Bitcoin wants to be more than just ‘digital gold’ and survive the pressures Aksakov describes, it has to evolve beyond simple storage. Traders aren’t fleeing; they’re building. We’re seeing a massive capital rotation into high-performance infrastructure layers. Why? Because the base layer is slow and expensive. Liquidity is aggressively hunting for speed and programmability. That’s where Bitcoin Hyper ($HYPER) enters the picture, a project aiming to bridge Bitcoin’s ironclad security with the execution speed modern finance actually demands. Learn more about $HYPER here. The First SVM-Powered Bitcoin Layer 2 Redefines Scalability The main knock against Bitcoin, that it’s too rigid for mass adoption, is being fixed. Bitcoin Hyper ($HYPER) addresses this not by altering the base layer, but by expanding it. By integrating the Solana Virtual Machine (SVM) directly as a Bitcoin Layer 2, the network allows for sub-second finality while keeping settlement anchored to Bitcoin’s proof-of-work. In plain English: it’s fast, but it’s still Bitcoin-secure. This opens up a massive design space for developers. Before now, building complex DeFi or gaming apps on Bitcoin was a nightmare due to Script limitations. With the SVM, Bitcoin Hyper lets devs write in Rust and deploy dApps with Solana-like speeds, thousands of transactions per second, without leaving the Bitcoin ecosystem. The liquidity implications are huge. A Decentralized Canonical Bridge lets holders actually use their $BTC in high-frequency trading or yield protocols instead of letting it gather dust. This utility effectively counters the ‘collapse’ narrative by turning Bitcoin from a passive rock into a programmable, active capital base. Get your $HYPER today. Smart Money Accumulates $31M as Whales Target Infrastructure While regulators argue over theory, on-chain data shows where the smart money is actually going. The demand for Layer 2 infrastructure isn’t hypothetical. According to the official presale page, Bitcoin Hyper has already raised $31.3M, signaling strong conviction from early-stage investors betting on the ‘fat protocol’ thesis applied to Bitcoin L2s. With tokens currently priced at $0.0136754, the project is attracting high-value participants hedging their Bitcoin bets. Smart money is moving. Etherscan data confirms the trend: two high-net-worth wallets recently scooped up $1M+ worth of tokens, with the largest single buy hitting $500K . This kind of accumulation often happens right before retail catches on, large holders positioning themselves before the wider market grasps the full implications of SVM on Bitcoin. It’s not just about price appreciation, either. The protocol offers immediate staking after the Token Generation Event (TGE). For yield-focused investors currently priced out of Ethereum’s mainnet (low APYs, high gas), this is a serious draw. By tackling the security-scalability-decentralization trilemma, this Layer 2 is shaping up to be a major liquidity sink for the next cycle. Buy $HYPER here. This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and high-risk. Always conduct your own due diligence before investing.

10 Feb 2026, 12:52

Husky Inu AI (HINU) Completes Move To $0.00026532 But Cryptocurrency Market Retreats Yet Again

Husky Inu AI (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.00026431 to $0.00026532. The project’s pre-launch phase began on April 1, 2025, following the conclusion of the presale. Meanwhile, the cryptocurrency market fell back into the red as Bitcoin (BTC), Ethereum (ETH), and other tokens retreated. BTC’s position above $70,000 became precarious on Monday as it began losing momentum and slipped to a low of $68,446. ETH followed a similar trajectory, nearly slipping below the $2,000 mark before staging a marginal recovery. Husky Inu AI (HINU) Reaches $0.00026532 Husky Inu AI (HINU) has completed the latest price increase of its pre-launch phase, rising from $0.00026431 to $0.00026532. The project’s pre-launch phase began on April 1, allowing it to continue its fundraising efforts while empowering its growing community and existing token holders. It also helps the team to secure capital, fund platform improvements, undertake market initiatives, and support broader ecosystem expansion. Husky Inu AI’s official launch date is now under three months away. However, the team remains open to the possibility of an earlier or later launch, depending on market conditions. The team will conduct a series of review meetings to determine the project’s launch date. The first two review meetings were held on July 1, 2025, and October 1, 2025, while the third was held on January 1, 2026. Cryptocurrency Market Retreats The cryptocurrency market retreated over the past 24 hours, with Bitcoin (BTC), Ethereum (ETH), and other tokens falling into bearish territory. Bitcoin (BTC) traded above $70,000 on Monday but began losing momentum towards the end of the day, falling to a low of $68,446. It rebounded from this level to reclaim $70,000, moving to $70,981. However, it lost momentum again and fell to its current level of $69,071, down over 2%. Ethereum (ETH) followed a similar trajectory, nearly losing the $2,000 mark on Monday. However, it rebounded from a low of $2,013 to cross the $2,100 mark and reach an intraday high of $2,139. The altcoin lost momentum after reaching this level and dropped to its current level, trading around $2,003, down nearly 4%. Ripple (XRP) is marginally down at $1.42, while Solana (SOL) is down over 1% at $84. Dogecoin (DOGE) is down nearly 2%, and Cardano (ADA) is trading around $0.262, down 3%. Chainlink (LINK), Litecoin (LTC), Stellar (XLM), Hedera (HBAR), Toncoin (TON), and Polkadot (DOT) have also registered notable declines over the past 24 hours. Crypto Hype Fading: Chris Waller Federal Reserve Governor Chris Waller believes the hype around crypto that began with President Trump’s election victory is fading as it becomes increasingly entangled with traditional finance. Waller stated during a conference on Monday, “I think some of the euphoria that came into the crypto world with the current administration, some of that's kind of fading. A lot of it has been brought into mainstream finance. Then, you know, things have to happen there, so I think there was a lot of sell-off just because firms that got into it from mainstream finance had to adjust their risk positions.” Waller also stated that the failure to pass the crypto market structure bill had also put investors off, as uncertainty around crypto regulation persisted. Visit the following links for more information on Husky Inu: Website: Husky Inu Official Website Twitter: Husky Inu Twitter Telegram: Husky Inu Telegram Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

10 Feb 2026, 12:51

Binance Co-Founder Reacts As Proof Emerges Binance Hit By FUD AI-Driven Campaign

Binance cofounder Yi He has shared her take on the recent study that revealed a deliberate FUD AI-driven campaign against Binance.

10 Feb 2026, 12:50

Indian MP Raghav Chadha slams domestic crypto tax regime

Indian lawmakers are renewing their calls to legalize cryptocurrencies and other virtual digital assets (VDA) in the country. They have warned that strict taxation without a regulatory framework is pushing capital, startups, and users offshore. Raghav Chadha, a member of the upper house of parliament, called out the Indian government. He stated that the authorities already treat VDA as legal for tax purposes, but continue to regulate them as if they were illegal. India holds 30% capital gain tax with 1% TDS on crypto, yet offers no legal recognition, no investor protection, and no dedicated AML (anti-money laundering) framework, he added. 73% of India’s crypto volume moves abroad During his speech in the Rajya Sabha, Chadha mentioned that the mismatch has created distortions rather than compliance. He cited that around 120 million Indians now trade through overseas platforms, while about ₹4.8 lakh crore in crypto trading activity has moved offshore. In a post , he highlighted that nearly 73% of India’s crypto trading volume has shifted to foreign exchanges. He added that around 180 Indian crypto startups have relocated abroad. However, Chadha has called for giving VDAs a clear asset-class status under Indian law . He suggested a domestic regulatory sandbox, along with strong anti-money laundering protection. This could bring activity back onshore. It will also improve investor protection and add an estimated ₹15,000–20,000 crore (approx $2 billion) in annual tax revenue. “Prohibition is not protection. Regulation is protection,” he stated. Chadha even urged making changes to income tax slabs, public health funding, and state capital expenditure. CoinDCX founder, Sumit Gupta, in a post stated that he 100% agrees with Raghav Chadha. He added that major economies have expressed intent to make their countries the crypto capital of the world. There is a big need for India to regulate VDAs and bring in friendlier policies. MP proposes National Blockchain Property Register The lawmaker also used the budget debate to shed light on the use of blockchain in public administration. He talked about land and property records and highlighted how India’s land registry system remains prone to disputes. This creates delays and encourages informal practices in the system. Chadha cited official data showing that land disputes account for about 66% of civil cases in India, while around 45% of properties lack a clear title. Meanwhile, nearly 48% are already under dispute. He added that India ranks 133 out of 190 countries in property registration efficiency. https://twitter.com/raghav_chadha/status/2021130865762500797?ref_src=twsrc%5Etfw He marked that even a simple property sale can take 2 to 6 months, and when disputes arise, civil courts take 7 years on average to resolve them. The MP claims that 6.2 crore property documents are still pending digitisation, and this adds to the administrative backlogs. Chadha proposed a National Blockchain Property Register that would be time-stamped, tamper-proof, and fully transparent. It will allow the officials to track ownership changes, inheritance, and mutations. He added that countries such as Sweden, Georgia, and the United Arab Emirates have already experimented with blockchain-based land registries. The move has reduced transaction times and dispute rates, he said. Beyond crypto and blockchain, Chadha also called for eliminating long-term capital gains tax on equities for individual investors. He said the recent increase in the securities transaction tax on derivatives could help curb excessive speculation, noting that nearly 90% of retail investors lose money in futures and options trading. Join a premium crypto trading community free for 30 days - normally $100/mo.

10 Feb 2026, 12:49

PYTH Comprehensive Technical Analysis: Detailed Review of February 10, 2026

PYTH is trading in a downtrend, with bearish Supertrend and pricing dominant below EMA. Critical support at 0.0360 will be tested, BTC correlation creates additional risk.

10 Feb 2026, 12:48

Ripple (XRP) News Today: February 10th

Ripple remains among the most discussed topics in the crypto space due to constant news and developments across its ecosystem. Meanwhile, the company’s cross-border token partially recovered from the February 6th crash, which sent shockwaves through the broader crypto market. Partnerships and More Due to regulatory uncertainty in its home country, primarily driven by the already resolved legal case between Ripple and the SEC, the company was mainly focused on global expansion over the past few years. The United Arab Emirates (UAE) has been a key area, and in 2025, the firm teamed up with the local bank Zand. Just hours ago, Reece Merrick (Managing Director, Middle East and Africa at Ripple) revealed that the partnership has been extended “to explore a range of initiatives.” Some of the goals include supporting Ripple’s RLUSD stablecoin within Zand’s regulated digital asset custody. The firm has also expanded its footprint in other Middle Eastern markets in recent months, with notable progress in Bahrain and Saudi Arabia. Besides its advancement in the region, Ripple made headlines for another reason. Some members of the XRP Army disclosed that the entity has entered the prestigious list of the top 10 most valuable private companies across the world. Data shows that it has a valuation of $40 billion and ranks in the 10th spot. Some of those ahead include Revolut, xAI, SpaceX, and OpenAI. The Big Event Ripple’s XRP Community Day (a global event dedicated to the entire ecosystem and its community of investors, backers, and developers) will kick off on February 11. There will be many sessions, and participants include high-ranking individuals from Bitwise, Grayscale, Gemini, and more. The first “fireside chat” will feature Ripple’s CEO, Brad Garlinghouse, and the crypto podcaster Tony Edward. They are expected to delve into topics such as XRP’s growing usage, the macro shift in institutional adoption and acceptance of crypto, and other subjects. The ETFs 2025 has been a milestone year for Ripple for many reasons. One of the key achievements is the launch of the first spot XRP ETF, which has 100% exposure to the asset. Canary Capital was the pioneer in that field, introducing its product, XRPC, in mid-November. Shortly after, Bitwise, Franklin Templeton, 21Shares, and Grayscale followed suit. The investment vehicles have attracted significant interest, and cumulative net inflows have surpassed $1.23 billion. In the past several days (despite the market’s turbulence), the netflows remained positive. In fact, the last day with a red candle was January 29. Spot XRP ETFs, Source: SoSoValue XRP Price Outlook Ripple’s native cryptocurrency nosedived to as low as $1.11 last week amid heavy bleeding across the entire market. Over the following days, the bulls reclaimed some lost ground, and XRP currently trades at around $1.42, representing a 3% weekly gain. Some analysts believe there might be a new correction in the near future. X user Robert Mercer envisioned a plunge to $1.10 “very soon,” whereas Crypto Seth claimed that losing the area at around $1.41 could result in a drop to $1. Of course, optimists are not completely absent. X user EGRAG CRYPTO noted that a few years ago, XRP was worth only $0.30, and in 2025, it surged above $3. Based on that, they believe the price could skyrocket to $30 in the future. Such a rally would require XPR’s market capitalization to explode above $1.8 trillion, which seems quite unrealistic (at least as of now). The post Ripple (XRP) News Today: February 10th appeared first on CryptoPotato .