Jump Trading, the Chicago-based quantitative trading firm, is reportedly negotiating to take minority equity positions in prediction platforms Polymarket and Kalshi in return for supplying liquidity. The move comes as trading volumes, valuations and institutional interest in prediction markets increase, even as the sector continues to face regulatory scrutiny in the United States.

Updated on February 9, 2026, the report said crypto mining stocks rose as operators pivot to AI infrastructure, even as BTC trades below $70,000. Cango sold 4,451 BTC, retaining 3,645 BTC, raising around $305M for capex, while miner reserves eased to 1.8M BTC and hashrate recovered to 963 EH/s.

On Monday, crypto exchange Backpack outlined a tokenomics framework that links the release of its 1 billion‑supply utility token to specific growth milestones and a future IPO. The plan allocates 25% of tokens to the token generation event, including 240 million for Backpack Points users and 1 million for Mad Lads NFT holders, while another 37.5% will remain locked for at least one year after the company goes public. The structure aims to limit insider selling and align token circulation with measured business expansion.

Open interest on major prediction markets has climbed to $1.066B, with $564M locked in trading pairs, marking the first time the sector exceeds the $1B threshold. Polymarket still leads by daily user activity and wallet inflows, while Kalshi and Opinion show strong but more concentrated volumes across sports and other categories. Recent growth has been driven by new wallets, diversified markets, and event-focused contracts around the Super Bowl, the winter Olympics, and politics.

In the week referenced by CoinShares, institutional products tied to Bitcoin recorded $264,000,000 in outflows, while several major altcoins attracted fresh capital. XRP led inflows with $63,100,000, followed by Solana with $8,200,000 and Ethereum with $5,300,000, as total assets under management fell to $129,800,000,000 and exchange-traded product volumes hit a record $63,100,000,000. CoinShares says the slowdown in outflows under price pressure may indicate a potential sentiment turning point.

Chinese-language crypto marketplace Xinbi has facilitated $17.9 billion in transactions and received $8.9 billion in crypto, despite being removed from Telegram in May 2025 and facing U.S. regulatory action. After the crackdown, operators shifted activity to the SafeW messaging app and its XinbiPay wallet, while rival services Huione, Haowang, and Tudou saw their operations collapse. Since 2022, Xinbi has processed at least $16.4 billion in trades and remains a key hub for illicit services.

On February 9, 2026, Workday, Inc. shares fell more than 8% after the company said cofounder and executive chairman Aneel Bhusri would return as CEO, with Carl Eschenbach stepping down from the role and the board. The stock hit a new 52-week low even as Workday reaffirmed that its fiscal 2026 fourth quarter and full-year results are expected to match prior guidance, ahead of its scheduled report on February 24, 2026. The leadership transition comes as the enterprise software provider prepares for what it characterizes as a crucial phase in the AI era.

BitMine Immersion Technologies said it bought 40,613 ETH for $82 million at about $2,020 per token via FalconX, lifting its holdings to 4.3 million ETH. BMNR traded 5% lower to $19.40 before the open after a $20.45 close, as the company navigates a sharp ETH drawdown and recent leadership changes.