China is advising domestic banks to scale back their holdings of U.S. government bonds amid concerns over market volatility.

Major investors have increased their holdings of Bitcoin amid recent price declines, transferring significant amounts to savings addresses. On February 6, a total of 66,940 BTC was moved into these accounts, representing the largest influx during this cycle.

Following recent declines, leading investors (whales) have acquired significant amounts of BTC and transferred them to savings wallets. On February 6, a total of 66,940 BTC was deposited into these addresses, representing the largest influx of funds this cycle.

Leading perpetual DEX by trading volume and open interest

In 2025, trading volume surged to $7.9 trillion, a 191% increase year-over-year. Hyperliquid, Lighter, and Aster remain the dominant platforms.

Leading perpetual DEX by trading volume and open interest.

In 2025, trading volume surged to $7.9 trillion, reflecting a 191% increase year-over-year. Hyperliquid, Lighter, and Aster remain the dominant platforms.

CoinShares reported a total outflow of $187 million in digital asset funds for the past week. Bitcoin (BTC) experienced an outflow of $264 million, while Ethereum (ETH) saw an inflow of $5.3 million.

Former Managing Partner and Co-Founder of Multicoin criticizes Hyperliquid, citing flaws common to cryptocurrencies. He alleges the founder relocated from his home country to establish the platform, endorses illegal activities and terrorism, and points out that the project is not open source.

The Open Network Foundation has launched TON Pay, a new software development kit designed to enable cryptocurrency transactions for daily use within the Telegram platform. cointelegraph

Jefferies analysts estimate that Tether's gold holdings reached 148 tons as of January 31, valued at approximately $23 billion. The increase follows a purchase of roughly 26 tons in late 2025 and an additional 6 tons added in January. coindesk

Bernstein analysts reaffirm their $150,000 price target for Bitcoin by 2026, citing institutional adoption, ETF infrastructure development, and improved liquidity conditions.

Bernstein analysts reaffirm their $150,000 price target for Bitcoin by 2026, citing institutional adoption, ETF infrastructure development, and improved liquidity conditions.

Bloomberg: Bitcoin strategy firm acquired 1,142 BTC last week.

#BTC Glassnode: At a price of $70,000, unrealized losses in the market total approximately 16% of the overall market capitalization. The current market conditions mirror the pattern seen in early May 2022.

#BTC glassnode: At a price of $70,000, unrealized losses in the market represent approximately 16% of total market capitalization. Current market conditions mirror the pattern observed in early May 2022.

Bitmine (BMNR) acquired 40,600 ETH last week, increasing its total holdings to 4.326 million ETH. An additional 2.87 million ETH are staked.

Farcaster founder Joins Tempo, Stablecoin Network Backed by Stripe and Paradigm

CME launches futures contracts for #ADA, #LINK, and #XLM.

Glassnode reports a generally positive outlook for Bitcoin, encompassing the spot and derivatives markets, ETFs, and on-chain metrics. Despite this, profit margins are shrinking, capital flows remain negative, and there is sustained demand for hedging amid recent price declines. While certain indicators point to a possible easing of selling pressure, a durable recovery is expected to depend on a rebound in spot demand capable of supporting prices above recent lows.

Glassnode reports that the overall outlook remains positive for the spot market, derivatives trading, ETFs, and on-chain metrics. However, profitability is waning, capital flows are moving out of the market, and demand for hedging tools persists following recent price declines. While certain indicators hint at diminishing selling pressure, a sustained recovery is likely contingent upon a rebound in spot demand to support prices above recent lows.

Polymarket has filed a lawsuit against the state of Massachusetts amid ongoing legal disputes between state and federal regulators over prediction markets. theblock.com

Jump Trading plans to acquire a stake in Polymarket.