hodler

7 Feb 2026, 17:45

Ethereum Price Prediction: $2,625 Break Sparks $4K Run?

Friedrich said ETH needs a weekly close above $2,625 to reopen a $4,000 path. Meanwhile, Ted Pillows said ETH must clear $2,100 next after reclaiming $2,000. ETH chart flags $2,625 weekly reclaim as next pivot Crypto trader Friedrich said Ethereum's next move depends on reclaiming the $2,625 level on the weekly time frame. In a post on X, Friedrich wrote that one weekly close above $2,625 would set up a move toward $4,000, adding, “Reclaim 2625 on Weekly TF. (One close above) And 4K next.” Ethereum Weekly ETHUSDT Chart. Source: TradingView / X The weekly ETHUSDT chart shown on MEXC placed price near $2,093 at the time of the snapshot. ETH sat below the marked $2,623 line after a sharp selloff, with the latest large red candle pushing down from the high-$2,000s into the low-$2,000s. The same chart also highlighted two nearby zones that traders often watch for reactions. A green demand area sat around the $1,900 region, and the most recent wick dipped into that band before price bounced back above it. Meanwhile, a red supply area remained overhead in the low-to-mid $4,000s, which aligned with Friedrich’s $4,000 target zone if ETH first flips $2,625 back into support. ETH reclaims $2,000 as traders watch $2,100 resistance Crypto analyst Ted Pillows said Ethereum has reclaimed the $2,000 level for now, marking the first sign of a local bottom forming in the short term. In a post on X, he added that further upside depends on price breaking back above $2,100, a level that acted as support in the second quarter of 2025 and later flipped into resistance. Ethereum Daily ETHUSDT Chart. Source: TradingView The daily ETHUSDT chart on Binance showed price near $2,025 at the time of the snapshot, after a sharp selloff into the low-$2,000s. The latest downside move pushed ETH through prior support bands near $2,600 and $2,400 before stabilizing around the $2,000 area. The chart also marked lower demand zones below current price. Green bands sat near the $1,870 region and further down around the $1,690 area. As a result, the structure placed $2,100 as the nearest overhead barrier, while the lower green zones remained the next areas of interest if downside pressure returns.

7 Feb 2026, 17:36

Jim Cramer ‘Heard’ Donald Trump Is Buying BTC at $60K to Fill US Bitcoin Reserve

During the 2024 presidential election campaign, Donald Trump turned the tide for the cryptocurrency industry and became a vocal supporter, a significant shift from his previous stance. He made multiple promises that the United States would become the crypto capital of the world and that his administration would do great things for Bitcoin and other assets. One of those promises got the community really excited as he said he wanted all remaining BTC to be mined in the US and claimed the country would establish a designated Bitcoin reserve. The expectations were extremely high, which was among the reasons why BTC skyrocketed after he won the elections, and surged to consecutive all-time highs in 2025. However, a quick reality check a year after his inauguration shows there’s no such reserve, despite rumors that it would be a crypto stockpile including popular alts. After a prolonged silent period with little to no movement on the matter, Jim Cramer just brought it up and made some serious claims. In a recent CNBC appearance, he said he had “heard” that the president was going to fill up the Bitcoin reserve at $60,000. This became possible on Friday when the asset indeed plummeted to that level for the first time since before the presidential elections in late 2024. There’s no proof for these claims at the time of this post. The only fund that is being filled with BTC is Binance’s SAFU initiative. The exchange has made a few consecutive BTC purchases, converting its SAFU fund from stablecoins to a Bitcoin-dominated fund. Perfecting timing too. https://t.co/6vytzn5XGr — CZ BNB (@cz_binance) February 7, 2026 The post Jim Cramer ‘Heard’ Donald Trump Is Buying BTC at $60K to Fill US Bitcoin Reserve appeared first on CryptoPotato .

7 Feb 2026, 17:00

VIRTUAL eyes $1 breakout – Yet THIS signal raises red flags

VIRTUAL rallies as perpetual market sees capital inflows, Binance traders lean short.

7 Feb 2026, 16:15

“Perfecting Timing Too,” Binance’s CZ Acknowledges Stablecoin to Bitcoin SAFU Funds Plan

Binance's CZ says Binance is making the stablecoin to Bitcoin conversion for its SAFU funds at the perfect time despite recent market volatility.

7 Feb 2026, 16:00

Bitcoin Remains Under Pressure — On-Chain Data Reveals Why

Over the past week, Bitcoin has been experiencing an intense movement as prices slid sharply from around $84,000 to around $60,000, representing one of the largest weekly declines in the present market. Currently, based on live market data, Bitcoin’s price has rebounded slightly to around $70,000, indicating some market resilience. Institutions Pull Back: Bitcoin’s Risk Remains In Red Zone Despite Rebound According to a CryptoQuant analyst, Amr Taha , the recent on-chain and institutional flow data are signaling a risk-off warning on Bitcoin’s price action, as different classes of investors continue to reduce their market exposure. This caution-themed data has emerged from three key metrics, namely, the exchange-traded fund (ETF) outflows, which depict the institutional behavior, the Bitcoin UTXO Exchange Inflow, and the multi-asset inflow on the Binance exchange. Generally, positive netflows into Bitcoin Spot ETFs are a bullish situation, indicating increasing buying pressure from US institutional investors. However, recent developments paint an opposite situation as withdrawals are on the rise, especially from BlackRock’s IBIT, which is the market’s most dominant player. Analyst Amr Taha stated that IBIT experienced a massive outflow on two different occasions in the last week. The first event occurred on the 2nd of February, when investors redeemed $4.7 billion, and then on the 5th, with $7.7 billion, making over $12.4 billion in total. Also, Grayscale’s GBTC was said to have recorded a $2.1 billion outflow during this period. Exchange Activity Reinforces Risk-Off Behavior Using data from the UTXO Exchange Inflow SMA 7D, Ama Taha also highlighted an increase in Bitcoin inflow to exchanges over the week. On February 4, the BTC exchange inflow for shark/dophlin wallets reached over 14,900 BTC, before climbing to 20,800 BTC the following day. This represented the first time this metric touched 22,800 since October, when BTC was trading above $122,000. However, as lots of Bitcoin were sent to exchanges, stablecoins like USDT are being pulled out. On February 5, data from the Binance exchange inflows show Bitcoin’s netflows increased to $727 million, reaching levels last seen in mid-November. Meanwhile, USDT recorded negative netflows totaling around $450 million. These developments show that institutions are reducing their holdings, while retail holders are also exiting, creating a “risk off” environment that prefers safety in a very cautious market. While this does not confirm a further market downturn, it suggests a dominant heavy bearish sentiment among investor classes. At press time, the premier cryptocurrency trades at $68,513 after a 15.94% decline in the past seven days.

7 Feb 2026, 15:27

Ontario police warns locals of impersonators targeting victims for crypto and cash

The Ontario Provincial Police (OPP) is raising the alarm over an emerging scam trend in which suspects pose as police officers to defraud victims of substantial amounts of cash and crypto. According to reports, fraudsters have contacted victims by phone, claiming to be OPP members. In each case, the suspect used fake names, titles, and badge information to gain credibility. Victims were instructed to withdraw large sums of money and either send the funds through crypto platforms or hand over cash directly. These tactics resulted in major financial losses, including incidents in which victims paid between $6,000 and $13,000 to individuals falsely claiming to be officers. Canada crypto scams on the rise The OPP also warned against crypto job fraud. According to the agency, the criminals are using the names of real companies in Canada. Fraudsters offer freelance job opportunities to “boost” products, apps, or videos using downloaded software. The #LanarkOPP is seeing an increase in crypto job frauds. Using the names of real companies in Canada, fraudsters offer freelance job opportunities to "boost" products, apps or videos using downloaded software. After the victim installs the software and creates an account,… pic.twitter.com/Reju5dY0h0 — OPP East Region (@OPP_ER) February 6, 2026 “After the victim installs the software and creates an account, they receive ‘orders’ or ‘tasks’ to complete. Victims might receive a small payment or commission in order to convince them that the job is legitimate,” OPP wrote . This report follows an Estevan Police Service report on Bitcoin scams . They received a call from a victim who was contacted by someone who sounded like their employer. The scammer directed the victim to deposit funds into a Bitcoin machine. Fraud in Canada has grown over the years. According to the Canadian Anti-Fraud Centre, as of September 30, 2025, 33,854 fraud reports had been processed, involving 23,113 victims. Losses totalled $544 million. Most people paid with crypto, which cost $23,815 CAD per transaction. Meanwhile, the Canadian Investment Regulatory Organization (CIRO) issued a statement, publicly announcing the release of its Digital Asset Custody Framework. It outlines how dealer members operating crypto asset trading platforms (CTPs) should ensure robust protection of digital assets. As reported by Cryptopolitan, additional requirements include firm governance policies that structure governance, ensuring compliance with key management operations, cybersecurity, incident response, and third-party risks. Also, mandatory insurance, independent audits, security compliance reports, and regular penetration testing are considered essential. To underscore the importance of transparency, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) imposed an approximately $12 million penalty on local crypto exchange Cryptomus last October for failing to report over 1,000 suspicious transactions linked to darknet markets and wallets. These transactions were reportedly linked to fraud, ransomware payments, and sanctions evasion. It also fined offshore exchanges KuCoin and Binance earlier in the year for similar reasons. Old people lose $700 million to an impersonation scam According to Chainalysis, at least $14 billion in crypto was winding its way to criminals last year, versus $13 billion in 2024. However, it expects the figure for 2025 to increase to $17 billion once it identifies more illicit wallets in the coming months. This is already a record high, with the value of individual scam payments also surging by 253% year-on-year in 2025. A big driver of these figures is the use of impersonation tactics, which grew 1,400% in volume YoY while related payments increased over 600%. Americans aged 60 and older reported losing $700 million to impersonation fraud last year, up from $122 million in 2020. Most of the increase was driven by high-dollar theft. Reports of scams involving more than $100,000 increased eight times over the last four years, while losses of less than $10,000 merely doubled. Although anyone can be a victim of an impersonation scam, the Federal Trade Commission says the elderly have been disproportionately harmed. Many scams rely on crypto transfers, which offer the advantage of being irreversible and decentralized. One-third of older adults who reported losing $10,000 or more said they used crypto as a payment method. Most of those victims specifically mentioned Bitcoin ATMs —physical kiosks that allow customers to transfer money from credit or debit cards directly into crypto. If you're reading this, you’re already ahead. Stay there with our newsletter .