Bitcoin ETF Holders Have Diamond Hands Despite 44% BTC Crash

Key Notes Bloombergโ€™s Eric Balchunas said spot Bitcoin ETF outflows are much lower than gold ETF outflows, when GLD price crashed in the past. Spot Bitcoin ETFs are currently underwater, with an average cost basis near $84,099. Since October, the total outflows of roughly $7 billion remain small compared with the $63 billion in peak inflows. Spot Bitcoin ETFs in the US have seen major outflows throughout January 2026. Despite this, the overall drop in BTC held by these ETFs is just 6.6% since October 2025. During the same period,…

Gemini Slashes Staff, Exits Europe Amid Crypto Downturn

Key Notes Gemini exits UK, EU and Australia. It also reduces up to 200 employees (~25%). Gemini guided to ~$11,000,000 in pre-tax restructuring charges. Gemini Space Station Inc. approved a plan to exit the UK, the EU, and Australia and cut up to 200 jobs, equal to about 25% of global headcount, according to an official statement on Feb. 5, 2026. According to a recent SEC filing, Gemini informed regulators that it expects the wind-down plan to be completed in 1H 2026 and to book about $11,000,000 in pre-tax restructuring…

Market on Edge as Strategy Set to Report Earnings, BTC Drops Below $70,000

Key Notes Strategy stock is trading at a huge discount as sentiment remains bearish. Wall Street still maintains a Strong Buy consensus on MSTR despite short-term pressure and expected unrealized losses. Strategy outlook comes as Bitcoin price dropped to its lowest level since November 2024. Strategy Inc. stock is facing a selloff in pre-market as investors are anticipating its earnings report and Bitcoin price trading below $70,000. This outlook has raised fresh questions about the value of the companyโ€™s large BTC BTC $67 084 24h volatility: 10.2% Market cap: $1.34…

Vitalik Buterin Says No More Copy-Paste EVM Projects Needed

Key Notes Vitalik Buterin stated that launching near-identical Layer-2s and standalone networks brings little value to the Ethereum ecosystem. Buterin noted that increasing EVM-compatible blockspace reduces the need for redundant chains. He urged developers to pursue real innovation, highlighting privacy-focused designs. Ethereum co-founder Vitalik Buterin has recently criticized the lack of originality across the Layer-2 and blockchain scaling ecosystem. In his latest blog post, Buterin argued that the space has become overly reliant on launching near-identical, EVM-based networks. He stressed the need for meaningful innovation in new and upcoming chains.…

Tether Hits ATH in Circulating Supply, but Is USDT Depegging Imminent?

Key Notes USDT recorded an expansion in circulating supply to a record $187.3 billion in Q4 2025. Tether is still the most dominant among all the stablecoins in the market. USDT depegged to $0.9980, its weakest peg in more than 5 years. Largest stablecoin Tether has hit an All-time High (ATH) on its circulating supply. The dollar-pegged stablecoin USDT recorded expansion to a record $187.3 billion in market capitalization in Q4, 2025. This is notable, given the bearish conditions in the broader crypto market following Octoberโ€™s liquidation season. There are…

Trump’s Crypto Venture World Liberty Financial Faces House Probe in $500 Million Deal

Key Notes In his letter, Ro Khanna cited potential conflicts of interest and national security implications in the World Liberty Financial deal. Reports allege a UAE-linked entity acquired a 49% stake in WLFI, with the native USD1 stablecoin used in a $2 billion transaction involving Binance. The controversy has pushed Democrats to demand ethics safeguards in the crypto market structure bill. World Liberty Financial, the crypto venture of the Trump family, is now facing a House probe over the reported $500 million deal with an Abu Dhabi-linked entity. The probe…

Payy Crypto Wallet Provider Launches Privacy Focused Ethereum L2

Key Notes Payy has launched an ETH L2 network that will be a custom chain in MetaMask. Payy CEO confirms that there have been complaints about the slow speed involved in large TradFi institutions transferring capital onchain. zKSync has released its 2026 roadmap, a proof of new focus on infrastructure. Crypto wallet provider Payy has expanded its operation by launching an Ethereum Layer-2 network with support for private ERC-20 transfers. The crypto-inclined firm announced the milestone on X on Feb. 4. The startup said it is already engaging launch partners,…

Justin Sun Pushes TRX Accumulation as Tron Outperforms Bitcoin

Key Notes Tron bought 175,507 TRX at an average price of $0.28. Total TRX holdings now exceed 679.9 million tokens. TRX is down 1.3% YTD, compared to Bitcoinโ€™s 19% decline. Tron TRX $0.28 24h volatility: 1.9% Market cap: $26.62 B Vol. 24h: $918.22 M founder Justin Sun has praised his companyโ€™s strategy of accumulating TRX as a core treasury asset. The comment comes as TRX shows resilience compared to the broader crypto market amid the ongoing downturn. Keep going! https://t.co/GQJY10X911 โ€” H.E. Justin Sun ๐Ÿ‘จโ€๐Ÿš€ ๐ŸŒž (@justinsuntron) February 5, 2026…

Cardano Founder Announces 32 New Tools, ADA Drops Out of Top 1

Key Notes ADA has slipped out of the top 10 after a 30% monthly drop. Bitcoin Cash overtook ADA for the 10th spot. Charles Hoskinson announced a major Logan AI upgrade, adding 32 new tools. Cardanoโ€™s ADA ADA $0.28 24h volatility: 6.9% Market cap: $10.27 B Vol. 24h: $883.46 M has dropped out of the crypto marketโ€™s top 10, replaced by Bitcoin Cash BCH $524.5 24h volatility: 0.5% Market cap: $10.45 B Vol. 24h: $569.42 M . This follows a sharp price decline in prices over the past few weeks…

Vitalik Buterin Dumps ETH, DeFi TVL Falls Below $100B

Key Notes Vitalik Buterin has sold over $6 million in ETH in three days. The DeFi TVL fell below the $100 billion mark for the first time in nine months. ETH ETFs are struggling to keep the inflows. Ethereum ETH $2 127 24h volatility: 5.6% Market cap: $255.95 B Vol. 24h: $53.63 B continues its bearish momentum toward the $2,000 mark as selling pressure persists from multiple sides. Vitalik Buterin, co-founder of Ethereum, has been selling the leading altcoin as the price fell into the $2,300 territory. vitalik.eth(@VitalikButerin) is dumping…