News
10 Feb 2026, 23:00
Bitcoin Caught Between Two Liquidity Traps — Which Side Breaks First?

Bitcoin is tightening between two major liquidity pools, with both bulls and bears sitting on borrowed time. As pressure builds and liquidity stacks on both sides, the next move looks less about direction and more about which side gets wiped out first. HTF Liquidity At $65,300 Remains The Primary Target Lennaert Snyder’s latest Bitcoin analysis remains focused on a significant High-Timeframe (HTF) liquidity pool located around the $65,300 zone. This area is designated as a major box of interest for hunting long positions. Rather than setting a blind entry, the strategy involves waiting for the price to penetrate this zone and then monitoring for high-probability reversal patterns to confirm a bottom. Related Reading: Bernstein Calls Bitcoin Crash A ‘Crisis Of Confidence,’ Maintains $150,000 Target Before reaching the lower HTF liquidity, there are potential local short-selling opportunities to trade the downward move. The first point of interest is the M15 liquidity sweep around $69,900. If the price reaches this level and captures the liquidity, the plan is to initiate a short position only after a confirmed bearish market structure break. A similar short-selling logic applies to the liquidity resting above the $71,450 level. Should Bitcoin push higher and sweep this liquidity, the expert is positioned for a subsequent bearish market structure shift, which signals a move back toward the primary $65,300 target. The analysis emphasizes patience and trigger-based entries over predictive guessing because the exact depth of the test into the $65,300 box is unpredictable. Liquidity Magnets Light Up On Bitcoin 24-Hour Heatmap Coin Adam pointed out that Bitcoin’s 24-hour heat map clearly highlights where liquidity is clustered, raising the key question of which side market makers may target next. According to Adam, current conditions suggest the market is being pulled between two powerful liquidity magnets. Related Reading: Bitcoin Price Hovers Around $70K As Volatility Goes Quiet On the downside, the $67,800–$68,200 zone stands out as a bright liquidity pool. This area is packed with long positions, making it an attractive target for a downside sweep. Coin Adam noted that a sharp wick into this range to grab liquidity and rebuild momentum remains a very realistic scenario. On the upside, there is also notable short squeeze potential between $71,500 and $72,500, where a heavy concentration of short positions sits. If Bitcoin can hold convincingly above the $70,000 level, a strong bullish candle could push the price above to fill the gap. Overall, Adam explained that price is currently compressed between two major liquidity blocks, a setup that often resolves with a move toward the most prominent target. While both sides remain vulnerable, Coin Adam believes a sweep below $68,000 appears more likely in the near term, before any larger move toward the $72,000–$76,000 region unfolds. Featured image from Getty Images, chart from Tradingview.com
10 Feb 2026, 21:15
Canaan Posts Sharp Q4 Revenue Rebound as Bitcoin Mining Demand Heats Up

Bitcoin mining rig maker Canaan delivered a dramatic fourth-quarter turnaround, with revenue more than doubling as bitcoin miners rushed back into the market for new hardware, signaling renewed confidence after a sluggish stretch earlier in the year. Mining Hardware Demand Powers Canaan’s Fourth-Quarter Comeback Canaan Inc. reported fourth-quarter revenue of $196.3 million, a 121.1% increase
10 Feb 2026, 21:07
John Karony from the SafeMoon debacle has finally been sentenced to 100 months in federal prison

Braden John Karony, famously known in crypto circles as John Karony, the former CEO of SafeMoon, has just been sentenced to 100 months behind bars. That amounts to about 8 years and 4 months in a federal prison, a major legal conclusion for one of the key figures linked to the SafeMoon incident. Closer to theft than fraud Karony was convicted of his crimes in May 2025 following a jury trial that took place in the US District Court for the Eastern District of New York. The court found him guilty on three counts, including conspiracy to commit securities fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering. According to court proceedings from today, February 10, 2026, Karony’s total offense level was 37, and he was put in criminal history category 1 with a guideline of 210 to 262 months. The proceedings today involved victims sharing their experiences with SafeMoon and specifically Karony, whom several of them claimed had been the one to convince them the project was trustworthy and would not rugpull. “We believed in Mr. Karony, what he said – it gave us a sense of false security. Our investment changed the trajectory of our life. We have not been able to buy a house. To this day, we have not been able,” one victim claimed. Karony’s defense defended his position by claiming that it all went down when Karony was just 25, and his brain was just developing. His defense tried to attract sympathy by diving into his family history, but that did little to help. He had already been convicted. After the court went on recess and resumed session, the Judge in charge, United States District Judge Eric R. Komitee of the Eastern District of New York, called what happened with SafeMoon a “massive fraud.” “I’d describe it this way: the defendant and co-conspirators went to great pains to earn the trust of people who bought it, assuring there would not be a rug-pull. That happened,” Komittee said. The judge also pointed out that the incident was more similar to “theft than fraud,” especially since it was not a small loss per person, as is the case in many securities frauds. “I sentence you to 100 months in the custody of the AG. On count 1, 60; count 2, 100 concurrently,” Komittee concluded . The hearing for the third count of money laundering will reportedly take place on April 23 at 10 in the morning. What happened to the SafeMoon project? According to SEC documents , Karony and his co-conspirators misrepresented various material aspects of the SafeMoon offering to investors. They lied that SafeMoon relied on “locked” liquidity pools that would automatically increase in size due to a 10% tax imposed on every SafeMoon transaction; that the “locked” SafeMoon liquidity pool meant the defendants and other insiders at SafeMoon would not be able to “rug pull” SafeMoon investors by removing liquidity from the SafeMoon liquidity pool. They also claimed that tokens in the liquidity pool would only be used for limited pre-defined business purposes, not personal enrichment; that the defendants would manually add token pairs to the SafeMoon liquidity pool when transactions of SafeMoon occurred on specific centralized exchanges; and that the developers were not and had not been holding and trading SafeMoon for their benefit. In truth, Karony and his co-conspirators had access to the SafeMoon liquidity pools, which they used to intentionally divert and misappropriate millions of dollars’ worth of tokens for their personal benefit. Also, although they publicly denied that they personally held or traded SafeMoon, they repeatedly bought and sold SafeMoon, sometimes at the height of SafeMoon’s market price, earning themselves millions of dollars in profits. They masked their movement of the fraudulent proceeds via numerous private un-hosted crypto wallet addresses, complex transaction routing, and pseudonymous centralized exchange accounts. Other company executives are in trouble too Karony reportedly walked away from the scheme with over $9 million in crypto assets, some of which he used to purchase luxury vehicles and real estate, including a $2.2 million home in Utah, additional homes in Utah and Kansas, a $277,000 Audi R8 sports car, another Audi R8, a Tesla, and custom Ford F-550 and Jeep Gladiator pickup trucks. His co-conspirator, Thomas Smith, previously pleaded guilty and is awaiting sentencing, while his other co-conspirator, Kyle Nagy, remains at large. “As proven at trial, the SafeMoon digital asset was anything but safe and turned out to be pie in the sky for investors who were deliberately misled by Karony, a man who sought to get rich quick by stealing and diverting millions of dollars,” stated United States Attorney Nocella. The maximum possible sentence for his crimes could have been up to 45 years. Prosecutors had reportedly recommended 12, while the defense pushed for about a year. The decision to settle on the 100-month term has taken into account federal sentencing guidelines, forfeiture orders, and some other factors like restitution considerations. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
10 Feb 2026, 20:00
Canaan Inc. reports a significant surge in revenue and operational performance

Crypto mining company Canaan Inc. announced in its Q4 2025 financial statements that its total revenue for 2025 surged to $196.3 million. The company’s total computing power set a new quarterly record after reaching 14.6 exahashes per second (EH/s). Canaan Inc. reported unaudited financial results for the fourth quarter and full year ended December 31, 2025. The financial records revealed that the firm recorded a total revenue of US$196.3 million YoY, exceeding the median of the Company’s previous guidance range. The revenue represented a 121.1% YoY increase and a 30.4% QoQ growth. Canaan sells record computing power exceeding 14.6 EH/s In a press release distributed on Tuesday. The company announced it had sold a total of 14.6 exahashes per second (EH/s), setting a new quarterly record. The computing power sold represented 60.9% year-over-year growth and 45% quarter-over-quarter growth. The press release highlighted that large-scale orders from North America drove the sudden surge in computing power sales. Canaan’s mining revenue also went up to $30.4 million. The company mined 300 Bitcoins at an average revenue of $101,304 per BTC, despite the network hash rate pulling back. The company’s gross profit was $14.6 million, compared with a gross loss of $6.4 million in the same period last year. The company’s crypto treasury also expanded 1,749.9 BTC and 3,950.54 ETH by the end of the fourth quarter of 2025. According to data from Bitcoin treasuries, the company’s holdings are worth $121.86 million as of this publication. Data from Coingecko shows that its ETH holdings are worth $8 million at ETH’s current discounted prices. The crypto holdings position the company among the leading corporate Bitcoin holders, ranking 38 on Bitcoin Treasuries’ list of top public companies holding Bitcoin and 17 on CoinGecko’s list of top Ethereum Treasury companies. Canaan’s total revenue for the entire 2025 grew by 96.7% from $269.3 million in 2024 to $529.7 million. The total computing power sold also increased by 40.7% Year over Year, surpassing 36.5 EH/s, as the company deepened its global client partnerships. The Nasdaq-listed Bitcoin mining firm also saw Bitcoin mining revenue increase from $44.0 million in 2024 to $113.2 million, a year-over-year increase of 157.2%. The firm’s Gross profit was $41.2 million compared to a gross loss of US$84.3 million in 2024. Despite strong financial results last year, Canaan’s stock is down 0.28% over the last 1 day, according to Google Finance. The stock has surged by 1.68% over the past 7 days. However, the stock is down 26.22% in the last month and has declined by more than 12% since the year began. The stock’s performance may reflect the broader crypto market’s overall performance during the ongoing crypto winter. Bitcoin is down 7.9% over the last seven days, according to CoinMarketCap, and has traded below $70 since February 5. Canaan faces Nasdaq delisting risk as minimum bid price drops below $1 The miner’s financials come at a crucial time for the company. About three weeks ago, Cryptopolitan reported that Canaan had entered the Nasdaq delisting window. The report noted that the company confirmed it had received a notification letter from Nasdaq on January 14 regarding non-compliance with the exchange’s minimum bid price requirement of $1. The report highlighted that the letter did not have any immediate effect on the listing or trading of the company’s securities on the exchange. Canaan began developing cryptomines towards the end of 2025. On December 5, the mining firm announced a strategic partnership with SynVista Energy to significantly reduce the environmental impact and cost of Bitcoin mining through a “renewable-adaptive” ecosystem. The partnership aims to reduce the massive amount of electricity consumption associated with Bitcoin mining. According to Bitcoin, mining consumes about 0.8% of the world’s global electricity consumption. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program
10 Feb 2026, 18:03
MemeCore Profits Pale in Comparison: Bitcoin Everlight App Delivers Guaranteed High-Yield Bitcoin Rewards

Speculative Layer-1 ecosystems built around narrative momentum have struggled to provide stable participation economics during the 2026 market drawdown. Operator incentives tied directly to native tokens have amplified downside exposure as price compression continues across multiple sectors. This environment has accelerated interest in participation models that separate operational rewards from token price performance, particularly those anchored to measurable network activity and external settlement assets. MemeCore’s Incentive Model Meets Harsh Reality MemeCore was designed as an EVM-compatible Layer-1 focused on a “Meme 2.0” economy, using its Proof of Meme consensus system to reward cultural relevance and on-chain viral engagement. Participation outcomes are therefore influenced by social momentum in addition to validator activity. As of February 2026, MemeCore’s native token trades near $1.41 after rebounding from a brief flash-crash range between $1.12 and $1.20 earlier in the month. Despite the recovery, the asset remains roughly 52% below its $2.96 cycle high. Network participation economics remain closely tied to token valuation, leaving operators exposed to continued volatility while broader market direction remains uncertain. Everlight’s Role Alongside Bitcoin Bitcoin Everlight functions as a Bitcoin-adjacent transaction coordination layer that operates without altering Bitcoin’s protocol, monetary policy, or consensus rules. The system is designed to handle execution-layer activity such as transaction routing and coordination, while Bitcoin retains final settlement authority. Transaction confirmations are achieved through quorum-based validation across Everlight nodes, typically completed in seconds. For additional settlement assurance, activity can be periodically anchored back to Bitcoin, creating a linkage between execution speed and base-layer finality without introducing protocol changes. How Everlight Nodes Generate BTCL Rewards Everlight nodes perform operational tasks including transaction routing, uptime maintenance, and performance verification. These nodes are not Bitcoin full nodes and do not validate Bitcoin blocks. Their function is limited to execution-layer coordination within the Everlight network. Node operators commit BTCL to participate and earn Bitcoin derived from real network usage. BTC distribution is calculated using routing throughput, uptime coefficients, performance metrics, and node tier classification. Everlight supports Light, Core, and Prime node tiers, each carrying increasing routing responsibility and proportional access to BTC-denominated network rewards. No lock period is enforced. Participation is flexible, with Bitcoin earned only while nodes remain active and performant. Nodes that fail to meet performance thresholds lose routing priority and associated BTC allocation until operational standards are restored. Participation Model Comparison Dimension MemeCore Bitcoin Everlight Reward Asset Native token Bitcoin (BTC) Reward Basis Cultural & viral signals Transaction routing activity Exposure to Token Price High Limited Mandatory Lockup Protocol-defined None Node Function Scope Consensus & signaling Execution & routing Bitcoin Layer Impact None No protocol changes Running Nodes Through a Mobile Interface Everlight node participation is managed through a dedicated mobile application, allowing operators to monitor and adjust activity from a smartphone. The app provides live reporting on node status, uptime consistency, routing activity, and Bitcoin earned from network operations. Performance alerts notify operators of uptime disruptions, routing changes, and BTC distribution events. This design reduces infrastructure complexity and enables participation without constant server oversight, expanding access beyond traditional node operators. Independent third-party analysis of Everlight’s node structure and reward mechanics is available through Crypto Dex World . Audits and Team Identity Checks Are In Place Bitcoin Everlight has completed multiple independent security evaluations intended to assess smart contract logic, deployment integrity, and potential attack surfaces. Reviews conducted through the SpyWolf Audit and SolidProof Audit focus on verifying contract behavior under real-world conditions and identifying implementation risks prior to broader network usage. Beyond code review, Everlight has also completed independent team identity verification via SpyWolf Team Identity Verification and Vital Block Team Validation . These processes establish accountability by confirming the identities responsible for network development and operations, reducing counterparty opacity for participants. BTCL Presale Structure and Market Positioning Bitcoin Everlight has a fixed supply of 21,000,000,000 BTCL. Allocation is defined as 45% public presale, 20% node rewards and network incentives, 15% liquidity provisioning, 10% team allocation under vesting, and 10% reserved for ecosystem development and treasury use. The presale follows a 20-stage structure. Phase 3 is currently active with BTCL priced at $0.0012. Presale allocations unlock 20% at token generation, with the remaining 80% released linearly over six to nine months. Team allocations follow a 12-month cliff with extended vesting thereafter. BTCL utility is limited to transaction routing fees, node participation thresholds, performance incentives, and anchoring operations. In a market where token-denominated participation remains vulnerable to drawdowns, Everlight’s Bitcoin-based reward model positions network activity as a defensive alternative. If market conditions improve, increased transaction demand expands routing activity. If volatility persists, operators continue earning Bitcoin from ongoing network usage. Run Everlight nodes through the mobile app and earn Bitcoin from real network activity. Website: https://bitcoineverlight.com/ Security: https://bitcoineverlight.com/security How to Buy: https://bitcoineverlight.com/articles/how-to-buy-bitcoin-everlight-btcl
10 Feb 2026, 16:15
Canaan Q4 Revenue Skyrockets: Mining Giant’s $196M Quarter Signals Strategic Resurgence

BitcoinWorld Canaan Q4 Revenue Skyrockets: Mining Giant’s $196M Quarter Signals Strategic Resurgence In a powerful demonstration of resilience and strategic adaptation, Bitcoin mining hardware manufacturer Canaan has reported a staggering financial performance for the final quarter of last year. The company’s Q4 revenue more than doubled, reaching $196 million and signaling a potential turning point for the broader mining hardware sector. This remarkable 121% year-over-year surge, confirmed by financial data from The Block, represents Canaan’s most substantial quarterly revenue in three years, directly challenging prevailing narratives about industry headwinds. Canaan Q4 Revenue Analysis: Breaking Down the $196 Million Surge Canaan’s financial resurgence stems from a dual-engine strategy. Firstly, the company’s core business of designing and selling application-specific integrated circuit (ASIC) miners, like its Avalon series, experienced renewed demand. This demand correlates strongly with the recovery in Bitcoin’s network hash rate and price stability throughout the latter half of the year, which incentivized miners to upgrade their equipment for greater efficiency. Secondly, and perhaps more significantly, Canaan has aggressively expanded its proprietary mining operations. These operations produced 300 Bitcoin (BTC) in Q4 alone, generating $30.4 million in direct revenue from block rewards. Consequently, this vertical integration provides a natural hedge against the cyclicality of hardware sales. Key drivers behind the revenue jump include: Improved Market Conditions: Higher Bitcoin prices and reduced energy costs in key regions improved mining profitability. Product Cycle: The launch of more energy-efficient mining rigs attracted upgrades from large-scale mining farms. Operational Scale: Strategic expansion of company-owned mining data centers increased asset-based revenue. The Strategic Pivot Beyond Hardware Beyond the impressive headline numbers, Canaan’s report reveals a fundamental strategic evolution. The company explicitly stated its intention to focus more on computing and energy infrastructure, a clear expansion beyond its traditional identity as a pure-play hardware manufacturer. This pivot mirrors a broader trend within the cryptocurrency mining industry towards diversification and sustainability. By the end of December, Canaan’s treasury held 1,750 BTC and 3,951 Ethereum (ETH), showcasing a deliberate accumulation of digital assets as part of its balance sheet strategy. Furthermore, this move into computing infrastructure suggests ambitions in adjacent high-performance computing (HPC) fields, such as artificial intelligence training or cloud rendering, which utilize similar hardware architectures. Expert Insight: Decoding the Infrastructure Shift Industry analysts view Canaan’s infrastructure focus as a necessary adaptation. “The mining hardware market is intensely competitive and subject to brutal boom-bust cycles tied to Bitcoin’s price,” explains a veteran fintech analyst. “By vertically integrating into mining operations and building out energy-efficient computing hubs, Canaan is building more predictable, recurring revenue streams. Their substantial BTC and ETH holdings also act as a strategic reserve, providing liquidity and collateral options independent of quarterly hardware sales cycles.” This shift indicates a maturation of the business model, aiming to reduce volatility and leverage the company’s core competency in efficient computing for broader applications. Comparative Performance and Market Context Canaan’s performance stands out against recent industry challenges, including the 2022 market downturn and regulatory pressures in several jurisdictions. The company’s ability to more than double its revenue year-over-year suggests successful navigation of these obstacles. For context, the global Bitcoin network hash rate has continued its long-term upward trajectory, requiring constant hardware renewal. Canaan, as one of the few publicly-listed pure-play ASIC manufacturers, provides a critical bellwether for capital expenditure trends within the professional mining sector. Its recovery often precedes broader capital investment cycles in mining infrastructure. Canaan Q4 Financial & Operational Snapshot Metric Q4 Result Significance Total Revenue $196 Million Largest quarter in 3 years; 121% YoY growth BTC Mined (Company Ops) 300 BTC Generated $30.4M; demonstrates vertical integration Treasury Holdings (EoY) 1,750 BTC, 3,951 ETH Strategic digital asset reserve on balance sheet Primary Growth Driver Hardware Sales & Proprietary Mining Dual-revenue model reducing cyclical risk Stated Future Focus Computing & Energy Infrastructure Strategic pivot beyond core hardware manufacturing Conclusion Canaan’s Q4 revenue report delivers a compelling narrative of recovery and strategic foresight. The company’s more than doubled year-over-year revenue to $196 million is not merely a reflection of favorable market conditions but also the result of a deliberate expansion into mining operations and a stated future in broader computing infrastructure. This evolution positions Canaan to leverage its technical expertise across multiple high-growth computing sectors while maintaining its foundational role in the Bitcoin ecosystem. The substantial digital asset holdings further solidify its financial position. Ultimately, Canaan’s performance offers a significant data point indicating renewed strength and strategic diversification within the cryptocurrency infrastructure landscape. FAQs Q1: What was Canaan’s revenue for Q4 last year? Canaan announced revenue of $196 million for the fourth quarter, which is a 121% increase compared to the same quarter the previous year. Q2: How much Bitcoin did Canaan mine itself in Q4? The company’s own mining operations produced 300 Bitcoin during the quarter, generating $30.4 million in revenue from these activities. Q3: What digital assets does Canaan hold on its balance sheet? As of the end of December, Canaan’s treasury held 1,750 Bitcoin (BTC) and 3,951 Ethereum (ETH). Q4: What is Canaan’s new strategic focus according to the report? Canaan stated it plans to focus more on computing and energy infrastructure, expanding its business beyond just designing and selling Bitcoin mining hardware. Q5: Why is Canaan’s Q4 revenue significant? The $196 million figure represents the company’s largest quarterly revenue in three years, marking a potential turnaround and highlighting the success of its dual strategy in hardware sales and proprietary mining. This post Canaan Q4 Revenue Skyrockets: Mining Giant’s $196M Quarter Signals Strategic Resurgence first appeared on BitcoinWorld .










































