🕵️ The U.S. Treasury is investigating whether crypto platforms and infrastructure are facilitating sanctions evasion by Iran. The enforcement focus is shifting from individual wallets to "service layer" systems like exchanges, stablecoin ramps, and liquidity hubs. With Iran’s annual crypto transaction volume estimated between $8 billion and $10 billion, OFAC has sanctioned crypto exchanges operating within Iran’s financial system for the first time. #stablecoin link

🐳 Whale bc1pyd, who had been steadily accumulating $BTC, has stopped buying and sold all 5,076 $BTC ($384M) over the past 8 hours. This sale resulted in a loss of approximately $118M. link

🕵️ Three wallets that had been dormant for four years, likely controlled by the same entity, bought the dip eight hours ago. They spent $13.1M to acquire 5,970 $ETH at an average price of $2,195. link link link

🧑‍💻 X adds new like animation to celebrate merger with SpaceX.

📉 The crypto market is down

BTC Dominance - 58.51%

Market Cap - $2.62T
BTC - $76,720 (-2.26%)
ETH - $2,284 (-2.18%)
BNB - $762 (-1.16%)
SOL - $99 (-4.63%)
MORPHO - $1.34 (+7%)

🚀 Vitalik Buterin stated that the original vision of Layer 2 solutions and their role in Ethereum no longer makes sense, emphasizing the need for a new path. link

🤔 Senate Democrats are planning to reconvene tomorrow for a closed-door meeting on crypto market structure, according to two sources familiar with the plans. link

🕵️ In response to concerns about Bitmine (BMNR) facing a $6.6 billion unrealized loss and potential selling pressure on ETH prices, Tom Lee, Chairman of Bitmine, emphasized that these views overlook the purpose of an Ethereum treasury. He explained that Bitmine aims to track ETH's price and outperform over the market cycle, asserting that unrealized losses during downturns are "a feature, not a bug," similar to how index ETFs behave in declines. link

🆕 $WARD featured on Binance alpha link

💰 According to FT, Tether has scaled back its planned $15–20 billion fundraising after investor pushback over a $500 billion valuation. Advisers are now discussing a raise as small as $5 billion. CEO Paolo Ardoino stated that the larger figure was only a maximum the company was willing to sell and that Tether would be comfortable not raising capital at all. The firm made about $10 billion in profit last year, mainly from USDT reserve returns. link

🔮 Crypto.com is launching a dedicated platform, OG, for prediction markets just days before the Super Bowl. link

💰 Ark Invest is buying more shares of Bitmine and Circle. link

🤔 The probability of the Opinion token launching before February 17 has dropped from 75% to 18%, based on Polymarket odds. link

🇺🇸🏆 On Feb. 3, U.S. Bitcoin spot ETFs experienced $272 million in net outflows, primarily due to Fidelity’s FBTC, which had $149 million in outflows. In contrast, Ethereum spot ETFs recorded $14.06 million in net inflows, while Solana spot ETFs saw $1.24 million in inflows and XRP spot ETFs attracted $19.46 million in inflows. link

🕵️ Smart trader 0x152e, who recently made approximately $7.2M by shorting, has opened new 20× shorts on 21,838 $ETH (worth $49.3M) and 227,635 $SOL (worth $22M). His total profit now stands at $18.8M. link

📊 BTC Supply in Profit: from 19.8M to 11.2M

“We're in a capitulation zone. Even long-term metrics are starting to show this data. Holders who bought high are selling at a loss.” link link

🏆 Elon Musk becomes first person in history to surpass a $850,000,000,000 net worth.

💰 Binance’s SAFU fund purchased an additional 1,315 BTC worth $100.42 million. This brings its total acquisition over the past two days to 2,630 BTC valued at $201.12 million. link

🇨🇦🗽 The Canadian securities regulator is introducing rules for storing cryptocurrencies. link

🕵️ Bitwise Acquires Institutional Staking Service Provider Chorus One - The Block link

😱🤑 Fear&Greed Index for #BTC and #ETH