
Good afternoon,
Bitcoin fell below $77,000 today as liquidations surged, signaling renewed fragility in crypto markets. Meanwhile, Elon Muskās SpaceXāxAI merger sets the stage for a $1.25 trillion IPO, Y Combinator plans to offer stablecoin funding to startups, and MetaMask expands into traditional finance with tokenized U.S. stocks and ETFs via Ondo Global Markets.
Letās unpack this and more! š


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News Roundup
Artificial Intelligence
MultiversX Adopts Google AI Commerce Standard, Enables x402 Payments (The Block)
OpenClaw Ignites AI Agent HypeāBut Reality Falls Short of the Buzz (Decrypt)
xAI Seeks Crypto Finance Expert to Train Frontier AI Models (Grok)
French Prosecutors Raid X Offices, Summon Elon Musk Over Algorithm and Grok Probe (Reuters)
Decentralized, Centralized, & Traditional Finance
GameStopās Ryan Cohen Teases āTransformationalā Consumer Deal, Downplays Bitcoin (CoinDesk)
Elon Musk Merges SpaceX and xAI, Eyeing $1.25T IPO (CoinDesk)
Ark Invest Buys the Dip in Crypto Stocks Amid Market Slump (The Block)
Upbit Partner KBank Files Stablecoin Wallet Trademarks Ahead of IPO (The Block)
Billiton Diamond and Ctrl Alt Tokenizes $280M+ in Diamonds in the UAE (Ctrl Alt)
Tether Adds USDT and Gold-Backed XAUT Support to Operaās MiniPay Wallet (Cointelegraph)
Aster CEO Denies Insider Dumping Claims (Leonard Aster)
Coinbase Accuses Australian Banks of Unlawful Crypto Debanking (Decrypt)
Flare Brings DeFi Yield to XRP With FXRP Lending Upgrade (CoinDesk)
MetaMask Adds Tokenized U.S. Stocks and ETFs via Ondo Global Markets (The Block)
Y Combinator to Offer Stablecoin Funding Option for Startups in Spring 2026 (The Block)
Kraken Parent Payward Reports 33% Revenue Growth in 2025 (CoinDesk)
Galaxy Digital Posts $482M Q4 Loss as Cash Reserves Grow (The Block)
Russia Uses Digital Ruble in Moscow Metro Upgrade Ahead of September Rollout (DL News)
Exchanges
Coinbase Adds DEEP and WAL to Listing Roadmap (Coinbase Markets)
Upbit to List Moonbirds Token BIRB Across KRW, BTC, and USDT Pairs (Upbit)
Moscow Exchange Expands Crypto Derivatives With SOL, XRP, and TRX Futures (CoinDesk)
Exchange-Traded Products
Bitcoin ETF Buyers Slip Into Losses as Demand Dries Up (Bloomberg)
ING, Germany's Largest Bank, Lets Retail Customers Buy Crypto ETPs Directly (CoinDesk)
U.S. Bitcoin spot ETFs logged $561.89 million in net inflows on Feb. 2.
On Feb. 2, U.S. Ethereum spot ETFs saw $2.86 million in outflows.
U.S. Solana spot ETFs posted modest inflows of $5.58 million on Feb. 2.
On Feb. 2, U.S. XRP spot ETFs recorded $0.40 million in net outflows.
Infrastructure
Experts Split on Vitalik Buterinās Vision for Fixing Creator Coins (The Defiant)
Safe Wallet Revenue Jumps 5x in 2025, Break-Even Still Ahead (The Block)
Spanish Red Cross Taps Ethereum to Safeguard Aid Recipientsā Privacy (The Defiant)
Vitalik Buterin Reconsiders Ethereumās Rollup-Centric Roadmap (The Block)
Markets
ISM Manufacturing PMI Hits 2022 High, Fuels Bitcoin Debate (Cointelegraph)
Bitcoin Rebounds Above $78.5K, but Analysts Warn Rally Lacks Conviction (The Block)
$2.55B Liquidation Event Signals Macro Shock, Not Structural Breakdown (Wintermute)
Privacy Coins Slide as Monero and Zcash Underperform Market (Decrypt)
Crypto.com Launches OG, a CFTC-Regulated Prediction Markets App (PR Newswire)
Bitcoin Slides Below $77K as Liquidations Spike (CoinGlass)
Mining
Bitcoin Price Drop Pushes Most Mining Rigs Into Losses (The Block)
Tether Launches Open-Source Bitcoin MiningOS (Bitcoin Magazine)
TeraWulf Shares Jump After Kentucky, Maryland Infrastructure Acquisitions (The Block)
BitRiver Crisis Puts More Russian Bitcoin Miners at Risk of Exit (DL News)
Politics & Regulation
Treasuries
Trend Research Dumps 73,000 ETH as Leverage Unwinds (Cointelegraph)
Bitcoin-Treasury Firm The Smarter Web Company Lists on London Stock Exchange (Bitcoin Magazine)
Venture Capital
Crypto VC Activity Falls in January as Funding Surges on Mega Deals (Wu Blockchain)
Other News
Arizonaās Attorney General Warns on Crypto ATM Scams Targeting Older Adults (Decrypt)
Aave Founder Stani Kulechov Buys £22M ($30M) Notting Hill Mansion (Bloomberg)
Arbitrum DAO X Account Compromised, Protocol Funds Remain Safe (Crypto Briefing)
Nansen and OpenDelta Launch Solana-Based Index Tracking Top Layer-1 Blockchains (The Block)
Avalanche Policy Coalition Launches Advisory Council (The Block)
Check This Out!
Ethereumās staking entry queue has stretched to roughly 71 days, reflecting heightened demand for validator slots.

Source: ValidatorQueue.com
Meme of the Day

Source: goldyluckinblokchain
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