Feb 2 Monday
The Dow Jones Industrial Average rose 1% while the S&P 500 and Nasdaq Composite gained 0.5% and 0.56% respectively. Intel and Micron Technology both increased over 5% while Nvidia declined nearly 3%, and the Nasdaq Golden Dragon China Index fell 0.65% with Xpeng dropping 8% and Baidu down 3%.
The founder of Russia's largest bitcoin mining company has been detained on tax evasion charges. The company faces bankruptcy proceedings initiated by an En+ subsidiary, compounded by energy debts, regulatory restrictions, and internal instability.
The meeting occurred over two weeks after the Senate Banking Committee delayed consideration of the CLARITY Act. Participants indicated all parties continue to engage in discussions regarding the proposed legislation.
Bitcoin is currently trading at $77,995.2 against USDT on Gate.io, showing a 24-hour increase of 1.08%. The cryptocurrency's price movement reflects ongoing volatility in digital asset markets.
Bloomberg reports that spot Bitcoin ETF investors purchased at an average cost of approximately $84,100 per Bitcoin, resulting in unrealized losses of 8-9% with current prices near $79,000. The decline is linked to reduced ETF inflows, tighter market liquidity, and diminished perception of Bitcoin as a macro hedge.
Data from Coinglass shows Binance experienced significant capital movement with $332 million USDT flowing into the exchange. The cryptocurrency platform's net inflow figures were reported by ChainCatcher based on the monitoring service's statistics.
Data from Coinglass shows long positions accounted for $478 million of the total liquidations while short positions represented $277 million. Bitcoin long positions saw $147 million in liquidations and Ethereum long positions experienced $171 million in liquidations during this period.
The daily crypto news briefing provides updates on trends and events affecting digital assets. It includes information about Bitcoin price movements, blockchain technology, DeFi, NFTs, Web3 developments, and cryptocurrency regulation.
Technical indicators and market data point to Bitcoin's year-to-date low as a potential floor for current price levels. The analysis examines multiple factors supporting this assessment without predicting future price movements.
The privacy-focused cryptocurrency experienced significant downward movement in market trading. Technical analysis suggests the $266 price point may serve as a key support level for the asset.
The investment represents Jupiter's first external funding round and was executed through a market-priced token purchase agreement. The transaction includes extended lockup periods for the acquired tokens.
The Polygon network has accelerated its token burn mechanism, reducing the circulating supply of POL tokens. Despite this supply reduction, the cryptocurrency's price continues to trade within a defined range without significant upward momentum.
GameStop Chairman Ryan Cohen described a potential consumer-related acquisition as more compelling than Bitcoin investments. The company's stock price increased following his comments about the transformational deal.
Data from Coinglass indicates that a Bitcoin price drop below $74,518 would result in $1.428 billion in long position liquidations across major centralized exchanges. Conversely, if Bitcoin rises above $82,246, short position liquidations would reach $824 million.
This report documents 72 verified physical coercion incidents worldwide, a 75% increase compared to 2024. Kidnapping remains the primary attack vector, while physical assaults rose by 250% year-on-year, highlighting a clear escalation in brutality.
Opera's MiniPay service has activated 12.6 million wallets and processed over $153 million in stablecoin transactions during December. The platform connects users to cryptocurrency on-ramp and off-ramp providers for digital asset transactions.
The transaction occurred at 01:56 according to Arkham data, originating from an anonymous address beginning with 33EQi. The recipient was identified as Cumberland DRW, a cryptocurrency trading firm.
The MemeCore digital asset experienced significant price appreciation while broader cryptocurrency market activity showed signs of contraction. Analysts are examining factors contributing to this divergence in performance between the specific token and the general market environment.
Bullish traders purchased Bitcoin and altcoins after they reached new lows for 2026. However, selling pressure at intraday highs suggests the market correction may continue.
Federal Reserve Bank of Atlanta President Raphael Bostic stated that the economic outlook remains robust through 2026. The assessment was reported by financial media outlet Jinshi and covered by blockchain news platform ChainCatcher.
The suspects allegedly abducted the 74-year-old victim from his home and subjected him to nearly 16 hours of torture while demanding cryptocurrency ransom from his son. They released the victim after discovering he was not the cryptocurrency millionaire they had mistakenly targeted, but rather a web developer with limited crypto assets.
Cryptocurrency-related stocks including Robinhood, Coinbase, and Strategy experienced significant declines during Monday's trading session. The broader digital asset sector continues to face downward pressure despite Bitcoin's partial recovery from recent price lows.
The company plans to launch a new platform by July that will utilize tZERO's tools and integrate with blockchain firm Figure. The platform will offer financial services including mortgages and renovation loans through the tokenization system.
Data from Coinglass shows Binance experienced significant USDT inflows during the specified period. The exchange's net inflow reached approximately $59.75 million in the past hour.
Analysis of historical patterns indicates bitcoin has consistently found support at its 200-week moving average during market downturns. This technical indicator suggests the $58,000 price point represents a significant level for cryptocurrency market stability.
Five New York officials reportedly stated that the GENIUS Act could incentivize stablecoin issuers to avoid cooperating with law enforcement. They expressed concerns that this might allow companies to profit from criminal activities involving stablecoins.
The stablecoin issuer executed the transaction on February 3, expanding the supply of its dollar-pegged cryptocurrency. This activity was recorded through blockchain monitoring tools that track digital asset movements.
Fundstrat Managing Partner Tom Lee stated during a CNBC interview that cryptocurrency fundamentals remain strong, particularly noting increased activity on the Ethereum network. Ethereum has rebounded over 10% from its earlier low of $2,157 to trade at $2,383 at the time of reporting.
Venezuelan police arrested Generación Zoe fraud suspect Rosa MarÃa González in San Cristóbal. The investigation revealed the scheme promised investors up to 7.5% returns through what authorities determined was a Ponzi operation.
The exchange is in early discussions about creating a simplified trading product that functions similarly to prediction market platforms. This development represents a new approach to binary outcome trading within regulated financial markets.
The protocol spent $8.5 million in USDS to acquire the tokens last month. The buyback program has utilized over $106 million in USDS since its launch in February 2025.
Data from Coinglass reveals that major exchanges show varying negative funding rates for Bitcoin. Binance reports -0.0057%, OKX shows -0.0074%, and Bybit indicates -0.0022%.
Glassnode data shows that Bitcoin whales holding over 10,000 BTC are in a 'mild accumulation' phase, with their balances remaining neutral to slightly increasing since late November. Meanwhile, all smaller holder groups have been net sellers, particularly retail investors with less than 10 BTC, who have been selling for over a month.
The 60 Days framework enables a 60-day testing period for tokenization projects. It incorporates a reversible tokenization mechanism that allows adjustments during the testing phase.
Goldman Sachs notes that Ethereum's daily new addresses reached a record high of 427,000 in January, surpassing the DeFi Summer period. The investment firm also indicates Ethereum's market cap has fallen below its realized value, suggesting most holders are at a loss.
The Solana network experienced a significant price decline as technical issues and broader market conditions affected investor confidence. Market analysts are monitoring network performance metrics to assess the cryptocurrency's stability.
Several mining models including Antminer S19 XP+ Hydro, WhatsMiner M60S, and Avalon A1466I are approaching shutdown price levels at $0.08 per kWh electricity costs. High-hashrate models like U3S23H and S23 Hydro maintain profitability above $44,000 per BTC, while the Antminer S21 series has shutdown prices between $69,000 and $74,000 per BTC.
Blockchain monitoring service Lookonchain reported that a newly created address purchased the Bitcoin over a three-hour period. The transaction was detected and shared by crypto media platform ChainCatcher.
Uniswap Labs announced the launch of an auction feature on its web application, enabling users to discover, bid on, and claim tokens from a single platform. The functionality is powered by Continuous Clearing Auctions technology.
Several cryptocurrency executives are clarifying the nature of their business relationships with financier Jeffrey Epstein following the release of new documents. The explanations come as part of ongoing discussions about professional associations mentioned in the latest Epstein file disclosures.
Bitcoin's price has declined for four consecutive months, dropping below the $80,000 threshold. Market traders have expressed skepticism about the immediate return of bullish market conditions.
A newly created wallet has deposited 3.18 million USDC into the HyperLiquid platform to open a 20x leveraged long position on Ethereum. Onchain monitoring suggests this large investor may continue to increase holdings or open additional positions.
A survey conducted by PayPal reveals that 38% of merchants in the United States have integrated cryptocurrency as a payment method. The findings indicate growing adoption of digital currencies in the retail sector.
Investor Huang Licheng deposited 250,000 USDC to Hyperliquid to establish the leveraged position as Bitcoin showed minor price recovery. The position involves 400 ETH with approximately $930,000 in total value.
Bitcoin has declined 16% since January 28 amid widespread FUD sentiment across social media platforms. The cryptocurrency research firm notes that after dropping to a low of $74,600, BTC has rebounded to $78,300 following retail panic selling, with current pessimism levels exceeding any period since last November's market decline.
The upcoming week features significant corporate earnings reports alongside key U.S. employment data releases. These economic indicators are expected to influence cryptocurrency market sentiment and trading activity.
The cryptocurrency exchange will open ZAMA-USD trading pairs today if liquidity requirements are met in supported regions. Spot trading for the Zama token is planned to begin on February 2, 2026.
New York Attorney General Letitia James led prosecutors in warning that the legislation allows stablecoin issuers like Tether and Circle to freeze but retain stolen assets. They argue this legal protection enables companies to profit from interest while impeding law enforcement efforts and consumer restitution.
The exchange has added support for outcome-based trading to compete with prediction markets. This expansion into new financial products contributed to the token's price increase.
The exchange operator is discussing the initiative with retail brokerages and market makers to offer contracts with fixed payouts tied to financial market outcomes. This move aims to provide an alternative to emerging prediction market platforms that have gained popularity.
A newly created wallet address withdrew 671.48 BTC worth approximately $52.15 million from Binance, OKX, and Bybit. The address now holds a total of 704.76 BTC valued at around $55.32 million.
Fundstrat Global Advisors Managing Partner Tom Lee stated that cryptocurrency mining company Bitmine currently carries no debt. He characterized the recent market correction as highly attractive for investment opportunities.
The cryptocurrency BNB is currently trading at $772.7 per token. This represents a 3.1% price increase over the past 24-hour period.
Major US stock indices including the Dow Jones, S&P 500, and Nasdaq all opened lower. Multiple cryptocurrency-related companies such as Coinbase, Circle, and Bit Digital experienced declines ranging from 1.92% to 7.88%.
Company Chairman Tom Lee noted that ether's price decline contrasts with increasing blockchain activity, differing from previous market downturns. The investment firm's acquisition occurred as its paper losses on cryptocurrency holdings reached $6 billion.
The Dow Jones Industrial Average fell 0.1%, the S&P 500 dropped 0.32%, and the Nasdaq Composite declined 0.39% at market open. American Rare Earths rose 7.2% following reports that President Trump plans to establish a $12 billion strategic reserve for critical minerals.
The top three revenue-generating Solana dApps in January were PumpFun with approximately $46 million, Axiom with about $15.36 million, and Meteora with around $13.4 million. This data was reported by the SolanaFloor platform for the month of January 2026.
The HyperCore platform will implement fully collateralized, range-settled contracts designed for prediction markets and bounded options applications. These contracts are currently being tested on testnet, with USDH-denominated canonical markets planned following additional development and community input.
Polymarket shared a video clip from the 2026 Grammys where host Trevor Noah referenced the platform during his opening remarks. The platform confirmed that the specific prediction mentioned by Noah was not actually available on their markets, and the user referenced did not participate in related trading.
Sign will unlock 401,110,000 SIGN tokens on April 28, constituting approximately 20.78% of the currently circulating supply.
Grass will unlock 55,000,000 GRASS tokens on February 28, constituting approximately 13.15% of the currently circulating supply.
The cryptocurrency exchange Bybit will open TRIA spot trading at 18:00 on February 3, followed by spot grid bots within 30 minutes. TRIA deposits opened at 12:00 today, with withdrawals available from 18:00 on February 4 via BSC and Ethereum networks.
The encrypted computing network Arcium has transitioned from test environment to early production infrastructure on Solana, enabling developers to build verifiable applications with fully encrypted data. Umbra's initial implementation provides shielded transfers and encrypted swaps with limited weekly access and deposit caps that are expected to expand in February.
Market analysts suggest the nomination could signal continued Fed rate cuts but also stable rather than significantly expanded market liquidity. Investors express concerns about potential liquidity tightening affecting cryptocurrencies, stocks, and precious metals.
The CoinDesk 20 index experienced a significant decline of 9.3% during the weekend trading period. Ethereum led the downturn with a 13.9% drop, contributing to the overall negative performance across all index components.
The Binance Alpha platform has added new tokens to its listing. This listing is separate from official Binance exchange listings and serves as an informational resource.
The UNI token has fallen below a key technical support level that had held for several years. This development has raised questions about potential further declines in the token's value.
Kevin Warsh's nomination as Federal Reserve chair has raised concerns about potential US liquidity shortages. However, analysts note his interest rate policies could potentially support recovery in risk assets like Bitcoin.
Binance Alpha will begin Echelon (ELON) trading on February 2, 2026 at 22:00 UTC+8. Users can claim 50 ELON tokens on a first-come, first-served basis through the Alpha activity page, with the points requirement decreasing by 5 every five minutes if the event continues.
BitMine announced its total assets reached $10.7 billion, including significant cryptocurrency holdings and cash reserves. Executive Chairman Tom Lee stated that despite Ethereum's strong on-chain activity reaching record highs, ETH prices have declined, which he attributes primarily to lingering effects from an October event affecting leveraged capital.
The investment firm acquired 855 Bitcoin at approximately $88,000 per unit last week. This purchase occurred as Bitcoin's price temporarily fell below its average cost for the first time since 2023.
The company acquired 41,788 ETH over the past week and currently has approximately 2.897 million ETH staked. With a 2.81% CESR rate, full-scale annualized staking rewards could reach $374 million.
Tharimmune has expanded its board with the addition of a former CFTC commissioner and a partner from DRW. The appointments aim to strengthen the company's governance and strategic direction.
Data from Coinglass shows long positions accounted for $587 million of the total liquidations, while short positions represented $238 million. Bitcoin long positions saw $199 million in liquidations and Ethereum long positions experienced $212 million in liquidations during this period.
Coinglass monitoring detected the large USDT transfer at 21:18 on February 2. The transaction moved funds from the Binance exchange to an unidentified wallet address.