Ripple’s XRP Ignores the Bloodbath, ETFs Inflow Strong, Price Stuck at $1.42

Posted on February 10, 2026 by Olumide Adesina

XRP spot ETFs saw net inflows of $39 million during the last week, despite the massive losses in the broader cryptocurrency market. Capital pulled out of Bitcoin and Ethereum products during one of the year’s most aggressive risk-off periods, which coincided with the inflows.

Ethereum ETFs lost about $166 million during the week, while Bitcoin ETFs saw net outflows of $318 million. It is significant to remember that the only significant asset with consistent inflows was XRP. Bitwise’s XRP ETF was the most popular. Canary’s XRPC brought in $2.93 million, while Franklin Templeton’s XRPZ added $3.94 million with $8.29 million in daily inflows.

The inflows followed the token’s nearly 70% decline from its most recent peak, which made it the worst-performing cryptocurrency among the top 100 during the correction. Since then, XRP has leveled off at around $1.42.

The fact that XRP is trading below the descending channel, as indicated by the chart, confirms a breakdown and strengthens the overall bearish trend. Any upside is likely to encounter resistance close to the lower boundary of the descending channel, even though there may be a brief relief bounce. The MACD is still negative, and the RSI is getting close to oversold territory.

A relief bounce might be triggered by a successful hold above the $1.35–$1.40 support zone. A break above the declining channel could allow for a move toward $2.30-$2.60, where strong resistance previously formed, even though the initial upside targets are located close to $1.80-$2.

China Signals Pullback: Banks Urged to Limit US Government Bond Holdings

Posted on February 10, 2026 by Olumide Adesina

Chinese regulators have recommended that financial institutions reduce their holdings of US Treasuries, citing worries about market volatility and concentration risks. According to people who asked not to be named to discuss private discussions, officials told banks to reduce their purchases of US government bonds and told those with significant exposure to reduce their holdings.

China’s state holdings of US Treasuries are exempt from the directive. According to the people, the guidance, which was verbally conveyed to some of the largest banks in the country in recent weeks, reflects officials’ growing concern that holdings of US government debt could expose banks to volatile fluctuations.

The concerns are similar to those expressed by governments and fund managers abroad, in the midst of a developing controversy regarding the dollar’s appeal and the safe-haven status of US debt

US treasuries fell in response to the news, with yields gradually rising across maturities. The dollar’s value declined marginally in relation to its major peers. As early as April, Donald Trump, who spoke with Xi Jinping over the phone last week, intends to meet the Chinese leader at a presidential summit in Beijing.

The regulatory guidance on Treasuries for Chinese banks was issued before last week’s call. The State Administration of Foreign Exchange reported that as of September, Chinese banks held approximately $298 billion in dollar-denominated bonds. How many of those were Treasuries is unknown.

AstraZeneca Forecasts Stronger Profits in 2026 on Cancer Drug Momentum

Posted on February 10, 2026 by Olumide Adesina

AstraZeneca Plc expects profit to grow further this year, boosted by sales of its cancer drugs as it works to offset the patent expiry of a blockbuster diabetes drug.

Earnings per share, excluding some items, are expected to rise by a low double-digit percentage, the UK drugmaker said Tuesday. That’s in line with analysts’ expectations. Astra also reported fourth-quarter profit and revenue that roughly met estimates.

Under Chief Executive Officer Pascal Soriot, Astra has become a cancer-drug powerhouse and one of the top two largest companies on the London Stock Exchange. The viability of Soriot’s ambition to reach $80 billion in revenue by the end of the decade will become clearer this year as the drugmaker seeks to almost double sales from 2023 levels.

Astra is working to increase the number of weight-loss medications in its pipeline.

It signed a deal with the Chinese company CSPC Pharmaceutical Group Ltd. for up to $18.5 billion. As pharmaceutical companies vie for the next generation of treatments in a booming market dominated by Eli Lilly and Co., the agreement gives Astra access to CSPC’s long-acting peptide technology, which could enable monthly dosing. and Nordisk A/S, Novo.

TSMC Beats Expectations: 37% Revenue Growth in January Amid AI Surge

Posted on February 10, 2026 by Olumide Adesina

Taiwan Manufacturing Semiconductor Co. Sales in January increased at the fastest rate in months, indicating that global AI spending is continuing despite ongoing worries about an industry bubble.

NVIDIA Corp.’s contract chipmaker. revealed that January revenue increased by 37% to NT$401.3 billion ($12.7 billion), exceeding the 30% revenue growth that TSMC anticipates for the entire year. However, the Lunar New Year holidays, which fell in January in 2025, might have impacted the comparison with the previous year.

Additionally, TSMC, which manufactures chips for Apple Inc., has benefited greatly from investment in artificial intelligence because of its production of cutting-edge AI accelerators.

TSMC has allocated up to $56 billion in capital expenditures this year, a quarter more than in 2025, because of increased demand for data center chips in particular. Jensen Huang, the CEO of Nvidia, referred to the capital expenditure binge as a “once-in-a-generation infrastructure buildout” last week.

However, the enormous expenditures of big tech firms such as Amazon and Meta Platforms Inc. are concerning investors as well, who question whether artificial intelligence will help those who place the most bets. People who have previously suffered from boom-and-bust tech cycles are also wary of the circular nature of many data center agreements.

China’s Central Bank Buys Gold for 15th Straight Month

Posted on February 10, 2026 by Olumide Adesina

Dip buyers returned to the market following a week of unusually high volatility in precious metals, and gold rose above $5,000 an ounce.

Resilient official demand, a key element of the extended bull run that preceded the recent rout, was highlighted by data released over the weekend, which showed the Chinese central bank extended gold purchases for a 15th month.

The People’s Bank of China will make these kinds of acquisitions, with comparatively modest buys in asset diversification without raising prices.

Bullion recovered some ground following a historic thrashing at the end of last month, rising as much as 1.7 percent in Asian trading on Monday. It has recovered about half of the losses since the metal fell from an all-time high hit on January 28. Silver also made progress.

Concerns about the Federal Reserve’s independence, the devaluation trade, and increased geopolitical risks had all contributed to the record-breaking rise in precious metal prices.

A surge of speculative buying fueled the run before gold and silver crashed at the end of last month. US Treasury Secretary Scott Bessent blamed last week’s erratic price fluctuations on “unruly” trading in China

Banks and asset managers such as Goldman Sachs Group Inc. and Deutsche Bank AG have experienced erratic trading for the past week following the historic reversal.

Gold Surges Past $5,000 as China’s PBOC Extends Buying Streak to 15 Months

Posted on February 9, 2026 by Olumide Adesina

Dip buyers returned to the market following a week of unusually high volatility in precious metals, and gold rose above $5,000 an ounce.

The People’s Bank of China will make these kinds of acquisitions, with comparatively modest buys in asset diversification without raising prices.

Concerns about the Federal Reserve’s independence, the devaluation trade, and increased geopolitical risks had all contributed to the record-breaking rise in precious metal prices.

Banks and asset managers such as Goldman Sachs Group Inc. and Deutsche Bank AG have experienced erratic trading for the past week following the historic reversal.

COMEX Default Looms: Silver Poised to Explode Past $200/Oz in Epic Squeeze

Posted on February 9, 2026 by Olumide Adesina

Fundamental action suggests that a larger Silver rally, similar to the 1979–1980 event, might be coming. A significant gap between paper contracts and physical inventory has worsened the COMEX default, especially in the silver market.

The “default” scenario is based on a large difference between the amount of metal promised in future contracts and the actual metal in exchange vaults. Some analysts say silver prices could “reset,” possibly rising toward or above $200 per ounce, if the exchange cannot meet physical delivery demands.

COMEX is said to have between 103 and 120 million ounces of “registered” silver (metal ready for delivery) in stock. Open interest stands at about 429 million ounces.

The “Run” on the Bank indicates that the exchange could run out of silver if even 25% of contract holders demanded physical delivery instead of cash. Recent activity shows that in January 2026 alone, an unusual 40 million ounces were ordered for delivery.

The Bull Case (Robert Kiyosaki and Clive Thompson): Kiyosaki expected silver to hit $200 in 2026, citing a weakening fiat system and industrial demand from solar and AI. Clive Thompson warns that by March 2026, COMEX might run out of deliverable silver. Since gold is the ultimate “anti-dollar” hedge, a silver default could also impact gold, influence credit markets, and the broader financial system, as suggested by Bill Holter’s Systemic Risk Case.

The Skeptical Case (CPM Group): Traditional analysts often say that exchange rules prevent a full collapse by allowing Force Majeure or cash-only settlements, making a true “default” impossible.

Anthropic Poised for Massive $20B+ Funding Haul, Closing Imminent at $350B Valuation

Posted on February 9, 2026 by Olumide Adesina

Anthropic finalized the details of a funding round, expected to raise over $20 billion, and is scheduled to close this week. The OpenAI competitor, which was first $10 billion, is now on track to raise more than twice that amount at a $350 billion valuation, amid excessive investor interest.

In addition to up to $15 billion from strategic investors, Nvidia Corp., Anthropic has secured checks totaling more than $1 billion each from Coatue Management, Singapore’s GIC, and Iconiq Capital in its most recent funding round. along with Microsoft Corp.

The most recent round of funding would almost double Anthropic’s previous valuation and comes only five months after the company raised $13 billion, indicating a flurry of investors’ interest boosted by the artificial intelligence startup’s skyrocketing revenue run rate, which surpassed $9 billion.

Anthropic caused a multibillion-dollar selloff in the software and financial services sectors after a successful week in which it unveiled a new AI model intended to automate enterprise work tasks. Throughout the past 12 months, developers and companies have become more interested in Anthropic’s coding agents, which can produce software with minimal human input.

The company may usher in a new era of AI technology used in the workplace, and investors are betting that Anthropic’s coding expertise will have a similar impact on other economic sectors.

Ripple: XRP Record Oversold Signals Clash with $1.4 Resistance – Bounce or Bust?

Posted on February 9, 2026 by Olumide Adesina

The Ripple-based token is struggling above $1.43 in the crypto market.

XRP is currently in one of those tense times when technical signals subtly attract increasing attention while fear rules the mood. Market analyst STEPH IS CRYPTO drew attention to this peculiar setup, highlighting uncommon momentum conditions that traders usually associate with significant turning points.

His observation coincides with the extreme weakness shown by XRP’s higher-timeframe indicators, raising the possibility that selling pressure may be exhausted

Although it does not ensure a rally right away, an oversold signal indicates that the downward momentum has extended past typical limits. On XRP’s weekly chart, the Relative Strength Index has fallen to levels uncommon outside of bear market bottoms. In previous cycles, similar readings were found close to notable lows that, once buyers returned to the market, resulted in robust recoveries

These historical comparisons are important. Rather than representing normal volatility because long-term indicators are more significant than short-term fluctuations, weekly momentum extremes typically indicate deep capitulation among traders. Even if price action is short-term unstable, that environment can lay the groundwork for stabilization and eventual reversal.

A complete trend reversal has not yet been confirmed by XRP, despite the positive indication. Before analysts can declare a sustained recovery, the price needs to reclaim significant resistance levels and set regular higher lows.

COMEX Default Looms: Silver Could Skyrocket Past $200/Oz

Posted on February 8, 2026February 9, 2026 by Olumide Adesina

COMEX is said to have between 103 and 120 million ounces of “registered” silver (metal ready for delivery) in stock. Open interest stands at about 429 million ounces of contracts.

The Skeptical Case (CPM Group): Traditional analysts often say that exchange rules prevent a full collapse by allowing Force Majeure or cash-only settlements, making a true “default” impossible.