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A total of 89% of global family offices still do not include cryptocurrency in their portfolios, CoinDesk reported, citing a JPMorgan report. According to the report, demand for using cryptocurrency as a hedge was limited even amid growing geopolitical uncertainty. In fact, 72% of family offices do not invest in gold either, indicating a low preference for both traditional and emerging hedge assets. Despite the continued prominence of crypto-related issues, most family offices are maintaining a wait-and-see approach, constrained by high volatility and unstable asset correlations. However, 17% of respondents said they are considering cryptocurrencies and digital assets as a key investment theme in the medium to long term. In contrast, 65% identified AI as a core investment area. The survey was conducted on 333 family offices across 30 countries, with an average net worth of $1.6 billion.

The three major U.S. stock indices closed higher today. - S&P 500: +0.54% - Nasdaq: +0.56% - Dow Jones: +1.05%

Major Bitcoin mining firms will face their break-even point if BTC falls to the $70,000 level, BeInCrypto reported. The outlet explained that considering current network difficulty and electricity costs per kWh, major miners will encounter operational difficulties if the price of Bitcoin drops below the $69,000 to $74,000 range. Mining is generally profitable when Bitcoin remains above $70,000, but a drop below this level would create a situation where only certain miners could operate advantageously.

According to CoinNess market monitoring, BTC has fallen below $78,000. BTC is trading at $77,978 on the Binance USDT market.

South Korean internet-only bank K-Bank has applied for 13 trademarks related to stablecoin wallets, according to a report by E-Today. The applications include names such as KSC Wallet, KSTA Wallet, Kstable Wallet, Kbank SC Wallet, and Kbank Wallet. K-Bank is the first internet-only bank in the country to officially file for such trademarks. The move is seen as an attempt to secure a large number of trademarks in advance to take the lead in the usage and payment infrastructure ahead of any potential issuance, the outlet noted.

MultiversX has adopted Google's Universal Checkout Protocol (UCP), becoming the first blockchain to do so, The Block reported. The integration will enable AI systems to check wallet balances, transfer tokens, and execute blockchain transactions on the network.

Coinbase announced on its official X account that its notional trading volume hit $5 billion on Jan. 30, marking a new single-day record.

GameStop CEO Ryan Cohen is planning to acquire a publicly traded consumer goods company, calling the new plan much more attractive than Bitcoin. According to CoinDesk, he stated that he is planning a very large-scale acquisition of a public company that he believes will innovatively transform GameStop and could increase its value to hundreds of billions of dollars. When asked if he plans to cash out Bitcoin to fund the acquisition, Cohen declined to answer, saying it was not yet the time to comment but reiterated that the new strategy is more attractive than Bitcoin.

Deceased sex offender Jeffrey Epstein was an early investor in Coinbase, according to a Decrypt report citing newly released documents from the U.S. Department of Justice. The files, part of a release of hundreds of thousands of documents related to Epstein, show he invested $3 million in the crypto exchange in 2014. The investment was led by Tether (USDT) co-founder Brock Pierce and his venture capital firm, Blockchain Capital, at a time when Coinbase was valued at $400 million. Released emails also indicate that Coinbase executives were aware of Epstein's status as a convicted felon at the time of the investment.

Browser developer Opera has announced it is expanding support for USDT and Tether Gold (XAUT) in its stablecoin wallet, MiniPay, CoinDesk reported. The move is set to broaden access to dollar and gold-based cryptocurrencies for millions of users. Opera previously launched MiniPay in partnership with Celo (CELO), an EVM-compatible Layer 1 blockchain. Following the announcement, Opera's stock surged by more than 17%.

A crypto market structure bill is unlikely to pass without the direct intervention of President Donald Trump, according to a report from research and brokerage firm TD Cowen. The Block reported that Jaret Seiberg, a managing director at TD Cowen, noted that industry divisions and political obstacles are complicating efforts to reach a consensus. Seiberg argued that the debate has moved beyond whether crypto platforms can pay interest or rewards on stablecoins, a development he considers inevitable. Instead, the key questions are now when these platforms will receive such authority and what level of regulatory oversight they will accept. From the banking industry's perspective, Seiberg believes stablecoins are unlikely to pose a meaningful threat to deposit rates until they are used for everyday transactions. Until then, he assesses that they present a greater competitive risk to money market funds.

Whale Alert reported that 3,483 BTC has been transferred from Coinbase Institutional to an unknown new wallet. The transaction is valued at about $274 million.

An address presumed to belong to Ethereum founder Vitalik Buterin sold 211.84 ETH ($500,000) and transferred 500,000 USDC to Kanro, a charity he founded, Lookonchain reported.

CryptoQuant CEO Ju Ki-young explained on X that BTC on-chain indicators remain useful. He noted that while they might miss short-term price fluctuations of around 30%, they accurately predict long-term movements of about 600%. Ju added that these indicators are best suited for long-term trend analysis, while short-term price changes can be more accurately forecast through technical analysis using market data.

The U.S. Department of Labor announced it is delaying the release of its January employment data due to the partial federal government shutdown.

Whale Alert reported that 5,000 BTC has been transferred from an unknown wallet to Binance. The transaction is valued at about $395 million.

Bed Bath & Beyond is acquiring blockchain financial infrastructure firm Tokens.com to enter the real-world asset (RWA) tokenization business, Cointelegraph reported. The financial terms of the deal were not disclosed. Tokens.com is set to become a subsidiary of Bed Bath & Beyond and will serve as the operational infrastructure for the company's broader blockchain initiatives. Bed Bath & Beyond previously filed for bankruptcy protection in 2023 and wound down its U.S. retail operations. Its brand name and intellectual property were later acquired by Overstock in a bankruptcy auction.

Rosa María González, a key suspect in a four-year-old Argentine cryptocurrency scam, has been arrested in Venezuela, DL News reported. González was on the run with Bitcoin worth $56 million. The case, known as the Generación Zoe incident, promised investors returns of up to 7.5%, resulting in tens of thousands of victims. The total damages are estimated to be at least $120 million.

New York prosecutors have warned that a stablecoin regulation bill known as GENIUS is inadequate for combating fraud, CNN reported. Attorney General Letitia James and a district attorney argued that the bill could provide legal immunity to stablecoin issuers, potentially increasing their ability to participate in or aid fraudulent activities. They pointed out that Tether has only selectively frozen suspicious transactions involving USDT, making it difficult for victims to recover their funds. They also noted that while Circle positions itself as an ally in fighting fraud, its victim protection policies are less comprehensive than Tether's. In response, Circle stated that the GENIUS bill clarifies standards for anti-money laundering and consumer protection. Tether also rebutted the claims, asserting that it maintains a zero-tolerance policy for illegal activities.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

According to CoinNess market monitoring, BTC has risen above $79,000. BTC is trading at $79,000 on the Binance USDT market.

Tom Lee, chairman of Fundstrat and Bitmine (BMNR), said on CNBC's Squawk Box that the cryptocurrency market is nearing a bottom. He attributed the recent correction to a shift in funds driven by the strength of gold and silver, as well as uncertainty surrounding U.S. policy. Lee stressed that prices could recover as the fundamentals of the crypto market improve.

Santiment noted on X that while fear, uncertainty, and doubt (FUD) have spread across the cryptocurrency market, this often precedes a short-term rebound. The analytics firm explained that with BTC down approximately 16% since Jan. 28, FUD is proliferating on social media. According to social data, retail investor sentiment is at its most bearish level since the sharp decline on Nov. 21 of last year. Santiment added that such peaks in negative public opinion are typically followed by short-term relief rallies.