Market Overview - Bitcoin has dropped below $75,000, marking a 37% decline from its record high in October, although it briefly rallied to around $80,000 [1] - The downturn in the crypto market is being compared to a "crypto winter," reminiscent of previous downturns [6] Macroeconomic Factors - The decline in cryptocurrency prices is influenced by macroeconomic conditions, including disappointing earnings reports from major tech companies, a drop in gold and silver prices, and uncertainty surrounding the nomination of Kevin Warsh as Federal Reserve chair [2][3] Legislative Developments - The stalling of the Clarity Act, which aimed to establish market structure rules for crypto trading, has contributed to investor caution. Coinbase CEO Brian Armstrong withdrew support for the bill due to its restrictions on stablecoin yields, leading to further uncertainty [4] Precious Metals Market - Precious metals have experienced significant volatility, with gold and silver prices reaching record highs before falling by 11% and 32%, respectively [5] Broader Crypto Market Trends - Other cryptocurrencies are also facing declines, with Ethereum down approximately 24% to around $2,354 and Solana down about 20% to around $105 [5] - The current market conditions are characterized as organic deleveraging rather than a structural crisis, indicating a longer bear market than many investors realize [6]

New York Attorney General Letitia James and four district attorneys, including Manhattan’s Alvin Bragg, signed a letter Monday accusing the GENIUS Act of providing “legal cover” for stablecoin issuers to profit from financial crimes while leaving fraud victims without recourse. The prosecutors say the law has provided the “imprimatur of legitimacy” for stablecoins while allowing issuers to “avoid significant regulatory requirements that are needed to combat financing terrorism, drug trafficking, money lau ...

Hyperliquid has announced an upgrade to the HyperCore engine which adds the new “HIP-4” protocol and support for “Outcomes” prediction market contracts. Per a Feb. 2 post on twitter.com from the official Hyperliquid account, Outcomes are fully collateralized contracts that settle within a fixed range. These contracts can be used to support prediction markets, insurance-like products, and other bounded services. The HIP-4 launch is being conducted as a test, according to Hyperliquid. “Outcomes are a work ...

The Hong Kong Money Authority (HKMA) plans to issue its first Stablecoin Issuer Licenses in March. According to a report from Reuters, HKMA chief executive Eddie Yue told members at a meeting of the legislative council on Feb. 2 that the central bank expected to issue a “very small number” of licenses in March, though no specific date or further information regarding the potential licensees was given. The HKMA had previously revealed that it received 36 completed applications for Stablecoin Issuer Licen ...

Group 1: Market Overview - Digital asset investment products experienced outflows totaling $1.7 billion for the second consecutive week, resulting in a net year-to-date outflow of approximately $1 billion globally [1] - The U.S. was the primary contributor to these outflows, accounting for $1.65 billion, while Canada and Sweden saw withdrawals of $37.3 million and $18.9 million, respectively [1] - Bitcoin products faced significant withdrawals of $1.32 billion, and Ethereum products lost $308 million, with altcoins like XRP and Solana also experiencing outflows [2] Group 2: Market Conditions - The total assets under management have decreased by $73 billion since the price highs in October 2025, amid a sharp market downturn [3] - Bitcoin is currently trading around $78,867, down 9.9% over the past week, and Ethereum is trading near $2,370, down more than 18% in the same period [3] Group 3: Federal Reserve Developments - The nomination of Kevin Warsh as the new Federal Reserve chair has raised concerns regarding the future of monetary policy, particularly in relation to cryptocurrency [4][5] - Warsh has expressed mixed views on cryptocurrency, previously labeling many projects as "fraudulent," but has recently adopted a more conciliatory stance towards Bitcoin [5] - Market analysts suggest that while Warsh may be perceived as hawkish, his underlying policy bias on interest rates remains dovish, with expectations for rate cuts later in 2026 showing little change [5][6]

Cryptocurrency Market - Bitcoin (BTC) is currently trading just below $79,000, having bounced back from a low of below $75,000 during the weekend, marking a 2% increase over the past 24 hours and a 7% rise from its weekend low, but still down over 10% week-over-week [1] - Ether (ETH) has also seen a 2% increase in the past day, but is down 19% compared to levels from a week ago [1] - The recent sell-off in the crypto market was characterized by a rapid liquidation of over $2 billion in crypto derivatives, which contributed to the downside momentum [2] Stock Market - U.S. stocks, including the Nasdaq and S&P 500, traded higher on Monday, with increases of 0.6% each, while the Dow Jones Industrial Average rose by 0.9% [3] - The Dow Jones Industrial Average has experienced its longest winning streak in history, with nine consecutive months of gains, which historically correlates with strong future returns for stocks [3] Precious Metals - Gold and silver experienced volatility, currently down modestly after their worst one-day sell-off since 1980 [4] Economic Indicators - The ISM manufacturing PMI for January came in at 52.6, exceeding expectations of 48.5, indicating the first expansion in manufacturing activity in 12 months and the strongest reading since 2022 [5] - January is typically a month of reordering following the holiday season, which can lead to elevated readings, a pattern observed in previous years [5] Future Outlook - Investors are anticipating the upcoming U.S. jobs report for January, which may provide insights into the Federal Reserve's potential rate cut decisions following a pause in rate cuts at the January meeting [6]

Jeffrey Epstein made a multimillion-dollar investment into crypto exchange Coinbase in 2014, and the company’s leadership appears to have been aware of the convicted sex offender’s involvement in the deal, newly surfaced emails indicate. Epstein made a $3 million investment in the crypto exchange in December 2014, according to a new trove of emails released Friday by the U.S. Justice Department. The investment opportunity was initially presented to Epstein by Tether co-founder Brock Pierce and Pierce’s vent ...

RT Geode Labs (@geodelabs)🇻🇳 New Deep Dive: The Vietnam Ethereum Ecosystem.Vietnam is one of the most important crypto markets that people still underestimate.- Ranked #4 globally in adoption in 2025 despite legal restrictions- Produced notable Ethereum projects like @KyberNetwork, @AxieInfinity, @pendle_fi...That combination doesn’t happen randomly.So what’s actually driving it? Let’s dig in. 🧵https://t.co/AnZWVJlVPk ...

Group 1: Commodity Market Movements - Silver prices have reversed overnight declines, trading higher after experiencing a 30% drop, marking the worst one-day decline since 1980 [1] - Oil prices have fallen more than 4% as President Trump indicates a de-escalation with Iran, suggesting market weakness ahead of the opening [2] Group 2: Disney's Earnings and Leadership Transition - Disney reported better-than-expected first-quarter results, driven by its parks and cruise business, despite shares falling due to succession plan concerns [2][4] - The company is close to promoting Josh Dearo, head of theme parks, to replace CEO Bob Iger, who plans to step down this year [5][6] Group 3: Oracle's AI Infrastructure Investment - Oracle is raising up to $50 billion for its AI infrastructure buildout, indicating a strong demand for its services from major clients like Nvidia and Meta [3][34] - The company has initiated a bond offering to support this funding, which has led to a slight increase in its stock price despite shareholder dilution concerns [35][36] Group 4: Energy Sector Developments - Devon Energy is acquiring Cotera in an all-stock deal valued at $21.4 billion, with Devon shareholders expected to own 54% of the combined company [27][29] - The merger aims to enhance operational scale and leverage in the capital-intensive shale industry [32] Group 5: Technology and AI Market Insights - The adoption of AI technologies is robust among companies, although spending remains low as a percentage of total tech budgets, indicating early-stage growth potential [17] - Investors are advised to focus on long-term opportunities in beaten-down tech stocks, with a three to five-year investment horizon [20] Group 6: Cryptocurrency Market Dynamics - Bitcoin is experiencing pressure, with significant trading activity noted, including a recent purchase of 855 Bitcoin at an average price of $87,974 [40] - Discussions around new US crypto legislation are ongoing, focusing on stablecoin interest payments and regulatory clarity [45][49]

Group 1 - Tether has become the largest private holder of gold and U.S. government debt, positioning itself similarly to major financial institutions [1][2][3] - The company has accumulated approximately 80 to 116 metric tons of gold, with a notable addition of 27 tons in Q4 2025 due to rising gold prices amid geopolitical and inflation concerns [3] - Tether's direct U.S. Treasury holdings exceed $122 billion, with total exposure surpassing $141 billion when including reverse repurchase agreements, making it one of the largest non-sovereign holders of U.S. debt globally [4] Group 2 - The growth of Tether's USDT stablecoin has driven significant demand for U.S. Treasuries, with nearly $50 billion in new tokens issued in 2025, raising total circulation above $186 billion [6] - The model for minting USDT involves depositing dollars that are primarily invested in short-term U.S. Treasuries, generating yield for Tether while maintaining liquidity for redemptions [7] - This strategy has established Tether as a major buyer of Treasury bills, particularly at the short end of the yield curve [7]