Binance's WOTD entries for February 2 to February 8, 2026 include answer options from 3 to 8 letters, along with participation steps, extra chances, and reward details.
Binance WOTD answers for February 6 are out, themed AI Innovation. Words range from 3-letter TAO to 8-letter ANALYSIS. Correct guesses earn BNB rewards from a 500,000 BNB prize pool.
A Bitcoin poll initiated by Peter Schiff has once again sparked heated discussion, as most respondents said that even if Bitcoin plunges to $0, it would not justify their bearish argument, while others point to a key price range between $20,000 and $1,000. Schifff also warned that technical weakness could push Bitcoin toward the $25,000 to $27,000 range, drawing even more attention to Strategy Inc.'s holdings.
Institutional Bitcoin reserves are expanding, with the top 100 holders holding a total of 1,258,090 BTC, with Strategy leading the list with a massive 845,256 BTC.
Bitcoin's decline has provided gold bull Peter Schiff with ample arguments to maintain his view—this leading crypto asset has dropped about 24% over the past month. Eight months ago, on October 6, 2025, Bitcoin stood above the $126,000 mark, but now its trading price has dropped about 52% from that peak. Of course, Schiff has questioned Bitcoin's value proposition and its long-term viability for years.
According to hashrateindex.com data, since the network reached 1,030 EH/s on May 28, 2026, Bitcoin's hash rate has significantly declined. Currently, this value has dropped to 885 EH/s. This decline was accompanied by a reduction in miner revenue, which remains closely tied to Bitcoin's market value.
Chile dismantled an $88 million cryptocurrency money laundering syndicate linked to the "Trande Aragua" gang A two-year investigation ultimately led to the arrest of 18 suspects who laundered illegal proceeds of the Venezuelan "Araugua Train" criminal gang in Chile through a money laundering scheme involving crypto assets. This operation, carried out simultaneously by Chilean police and the Southern Prosecutor's Office on Tuesday across three regions of the country, exposed a complex network composed of bank accounts, fake companies, and cryptocurrency transfers.
The market bleed up, causing the total market capitalization of altcoins to fall below $1 trillion On Friday, the cryptocurrency market was thrown into turmoil, with several high-cap altcoins dropping by double digits, causing the total altcoin market cap to plunge below the $1 trillion mark. Ethereum (ETH) led the decline among altcoins, plunging from just above $1,700 to an intraday low of $1,545, a level last seen in April 2025. The digital asset fell 10% within 24 hours, pushing its market capitalization below $200 billion. As of press time (2:45 PM Eastern Time), ETH has dropped nearly 22% over seven days, while its year-to-date gain is close to 50%. As the second-largest cryptocurrency, Ethereum's price volatility led to the liquidation of over $468 million in leveraged positions, with long positions accounting for 87% of the total, or $408 million. Ethereum's recent decline in recent weeks has left leading Ethereum custody company Bitmine with a paper loss of $10.3 billion.
