Live Feed

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.

Decentralized derivatives exchange Hyperliquid is launching "Outcome Trading" on its testnet, a feature designed for prediction markets and limited-risk options trading, The Block reported. The new function is an extension of the ongoing HIP-4 update. Outcome Trading provides fully collateralized binary contracts without leverage, margin calls, or liquidations, allowing it to be used for prediction markets or as a form of digital option.

A new wallet has withdrawn 671.48 BTC, worth approximately $52.15 million, from Binance, OKX, and Bybit, according to OnchainLenz. The whale now holds a total of 704.76 BTC, valued at around $55.32 million.

Cboe Global Markets is considering relaunching a binary options product for retail investors, The Wall Street Journal reported. The product operates similarly to prediction markets, allowing traders to bet on "yes/no" outcomes where they either receive a fixed payout or the contract expires worthless. This all-or-nothing structure involves contracts typically priced between $0.01 and $0.99. The move is seen as an effort to tap into the rapidly growing prediction market sector. Cboe first listed binary options tied to major financial indices in 2008 but later discontinued them due to low popularity. JJ Kinahan, Head of Retail Expansion at Cboe, said the company will follow a very strict process for legal and compliance requirements before any potential launch, adding that the contracts would be regulated by the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Crimes targeting virtual asset holders are increasingly escalating to physical violence, Coindesk reported, citing a study by CertiK. According to the report, there were 72 so-called "wrench attacks" worldwide last year, a 75% increase from the previous year. These attacks, in which criminals use violence to steal private keys, were particularly prevalent in Europe. France recorded 19 such incidents, double the number seen in the U.S., with total financial losses from these crimes surpassing $40 million.

The three major U.S. stock indices opened lower today. - S&P 500: -0.32% - Nasdaq: -0.39% - Dow Jones: -0.1%

Coinbase has announced the listing of ZAMA perpetual futures. Trading is scheduled to begin at 2:45 p.m. UTC on Feb. 2, provided liquidity conditions are met.

Bitmain (BMNR) announced it purchased an additional 41,788 ETH last week. As of Feb. 1, the company holds a total of 4,285,125 ETH, which accounts for 3.55% of the total ETH supply. In addition, Bitmain holds 193 BTC and $586 million in cash.

Bybit announced that it will list TRIA for spot trading at 10:00 a.m. UTC on Feb. 3.

Wall Street asset manager Bernstein has projected that the crypto market will turn toward recovery this year. According to The Block, the firm stated that BTC is likely to bottom out near the previous cycle's high of around $60,000 in the first half of this year before recovering. Bernstein attributed this outlook to several factors: its relative weakness compared to gold, the continuation of an institution-led cycle, a favorable U.S. policy stance on crypto, limited ETF outflows, and the diversification of miner revenue streams. The asset manager concluded that the current price movement is not the beginning of a full-blown bear market but rather a late-cycle correction.

MicroStrategy announced it purchased an additional 855 BTC for approximately $75.3 million between Jan. 26 and Feb. 1, at an average price of $87,974 per coin. As of Feb. 1, the company holds 713,502 BTC at an average price of $76,052 per coin.

Binance has announced that it will list ZAMA/USDT perpetual futures today at 1:00 p.m. UTC, offering up to 25x leverage.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,013.65 on the Binance USDT market.

The White House is scheduled to convene a meeting with banking and crypto industry executives at 6:00 p.m. UTC today to discuss a cryptocurrency bill currently pending in the Senate, according to Eleanor Terrett, host of Crypto in America. The meeting is expected to focus on the key issue of whether to permit interest and rewards payments on stablecoin holdings.

Bitmine is facing an unrealized loss of more than $6.9 billion on its ETH holdings, according to a report from CryptoPotato. The company currently holds $9.2 billion worth of ETH, a decline of over 41% from its total investment of approximately $15.7 billion.

Onchain Lens reported that an address presumed to belong to Trend Research deposited an additional 20,000 ETH, worth $45.52 million, to Binance seven minutes ago. To date, the address has deposited a total of 73,588 ETH ($168.6 million) to the exchange. Deposits to exchanges are typically considered a precursor to selling.

Tron founder Justin Sun told CoinDesk he plans to add between $50 million and $100 million in BTC to the Tron treasury.

Ripple has secured an Electronic Money Institution (EMI) license from Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), The Block reported. The approval, which follows a preliminary authorization, allows Ripple to offer payment and digital asset services throughout the European Union.

Blockstream has stated it has no connection to the deceased sex offender Jeffrey Epstein or his foundation, following the appearance of CEO Adam Back's name in related files. According to The Block, Blockstream co-founder Austin Hill exchanged emails with Epstein in 2014 to discuss increasing an investment. Additionally, the names of both Hill and Back were included in a flight reservation to St. Thomas, an island owned by Epstein. The U.S. Department of Justice previously released hundreds of thousands of documents related to Epstein. Kevin Warsh, nominated by President Donald Trump to be the next Fed Chairman, was also named in the documents.

Russia's largest Bitcoin mining company, BitRiver, is on the brink of bankruptcy, local media outlet Kommersant reported. The development follows a bankruptcy petition filed by major energy firm En+, which claims it has not been repaid a 700 million ruble ($9.2 million) advance and penalty fee. No recoverable assets were found, and negotiations are now underway among investors and creditors to transfer ownership of the company.