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Cryptocurrency custody firm Fireblocks has integrated with Canton Network, a blockchain for tokenizing real-world assets, Cointelegraph reported. This move enables financial institutions to custody and settle assets on-chain.

The Avalanche Policy Coalition has launched an advisory council, The Block reported. The council is led by Ava Labs General Counsel Lee Schneider and includes key figures from the Avalanche ecosystem, such as Chris Holmes, a member of the UK House of Lords. The advisory council has set its goals for the year, which include establishing token classification standards, defining intermediaries, and protecting internet accessibility. The committee stated that global policy coordination is necessary as various countries begin to form their cryptocurrency regulations.

The three major U.S. stock indices opened higher today. - S&P 500: +0.11% - Nasdaq: +0.09% - Dow Jones: +0.21%

Coinbase announced it will list TRIA perpetual futures. Trading is scheduled to begin at 3:30 p.m. UTC on Feb. 3, provided liquidity conditions are met.

Chiliz (CHZ) announced via X that it will use 10% of its Fan Token sales revenue for CHZ buybacks and burns. According to CoinMarketCap, CHZ is currently trading at $0.04496, down 1.95%.

A total of 62.5% of press releases distributed within the cryptocurrency industry are associated with projects classified as either high-risk or fraudulent, Cointelegraph reported. The finding comes from an analysis by crypto communications firm Chainstory, which reviewed 2,893 press releases published between June and November 2025. Of the total, 35.6% were linked to high-risk projects, while 26.9% were connected to scams. Announcements regarding product or feature updates and new exchange listings accounted for 74% of these releases. The analysis also uncovered instances of projects promising unrealistic returns and plagiarizing their websites.

The Spanish Red Cross (Creu Roja) has launched RedChain, a blockchain-based relief platform designed to verify the use of donations while protecting the personal information of beneficiaries, Cointelegraph reported. Developed in collaboration with Barcelona-based infrastructure company BLOOCK and zero-knowledge (ZK) credential firm Billions Network, the platform aims to digitize the entire relief process, from donation to the distribution of aid.

Bitmine purchased 20,000 ETH ($46.04 million) through FalconX about 20 minutes ago, AmberCN reported. The purchase follows the acquisition of approximately 41,787 ETH ($108 million) last week.

Shares of crypto financial services firm Galaxy Digital (GLXY) fell more than 6% in pre-market trading after the company announced a fourth-quarter net loss of $482 million, CoinDesk reported. The loss was attributed to declining cryptocurrency prices and one-time expenses. Despite the quarterly performance, the company's financial status was assessed as solid, with an annual adjusted gross profit of $426 million and $2.6 billion in cash liquidity. Galaxy Digital is expanding its assets under management and strengthening its infrastructure by increasing data center capacity.

Mike Silagadze, CEO of Ether.fi, has evaluated the recent decline in Ethereum's price as "merely market noise, not a sign of weakening fundamentals." In an interview with CoinDesk, he said the ETH staking queue has now extended to approximately 70 days, demonstrating that demand for the Ethereum network remains strong regardless of short-term price volatility. Silagadze noted that long-term staking demand, particularly from institutions, is holding steady. He also pointed out that while the price is falling, the actual number of users and revenue are on an upward trend. "We are looking at long-term growth," Silagadze stated, adding that the current market environment is positive now that the overheating from retail investors has subsided. He emphasized that the next cycle will be driven by tangible adoption and utility rather than memes, creating an environment where builders can focus on long-term value. Silagadze concluded that the disconnect between Ethereum's price and its development activity is a recurring phenomenon, recalling that the network has achieved its most significant technical milestones during chaotic market periods as builders continued to implement new technology.

The U.S. stock and crypto trading app Robinhood has announced the spot listing of PAXG.

The Pharos Foundation, which supports the real-world asset (RWA)-focused Layer 1 public chain, has launched a $10 million incubator program to foster the development of RWA and DeFi infrastructure, U.Today reported. The program will provide funding, technical mentoring, and access to a network of major venture capitalists. Through this initiative, Pharos plans to expand its high-performance, regulation-compliant RealFi ecosystem and help early-stage projects establish themselves in the market.

Cryptocurrency data analytics firm Nansen has launched a new crypto index, NX8, which tracks major Layer 1 blockchains, The Block reported. The NX8 index includes BTC, ETH, SOL, BNB, TRX, HYPE, AVAX, and SUI.

Coinbase has claimed that Australian commercial banks are persistently blocking financial services for cryptocurrency companies. According to Decrypt, Coinbase stated in a submission to the Australian House of Representatives Standing Committee on Economics that the country's "big four" banks are denying financial access by unilaterally closing crypto-related accounts or restricting transactions. The company argued that this practice, known as "de-banking," is becoming a structural problem within Australia's financial system. This seriously undermines the nation's economic competitiveness and the integrity of its financial system, Coinbase noted.

Gibraltar-based Xapo Bank has stated that BTC-collateralized loans are increasingly being used as part of a long-term financial strategy, moving beyond their role as a tool for short-term liquidity. In its 2025 Digital Asset Report, the bank noted that half of all BTC-backed loans have a one-year maturity, and a significant number of these loans remain active even after the pace of new loan issuance has slowed. This reflects a strong tendency among users to maintain long-term exposure by leveraging their BTC for liquidity rather than selling it. The bank also explained that while many long-term investors are realizing profits, the general preference is to hold assets instead of selling during periods of market volatility.

Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has assessed the current cryptocurrency market as a full-blown crypto winter, not merely a correction. According to The Block, he noted that the current market shows a very similar pattern to the crypto winters of 2018 and 2022, when the overall market downturn continued even amid positive news like expanding crypto adoption or regulatory improvements. "Despite the newly appointed Federal Reserve Chairman being a pro-Bitcoin figure, market sentiment remains at a level of extreme fear," Hougan said, calling it proof that a full-scale crypto winter has already begun. He argued that while Bitcoin hit a new high last October, the downtrend had already started in January, but strong inflows into ETFs and digital asset trusts (DATs) temporarily masked the bearish trend. While it is difficult to predict the exact timing of a recovery, Hougan believes the market is now closer to a gradual recovery than to further declines. He pointed out that the crypto winter has already lasted for over a year and that past downturns ended not with public enthusiasm but with fatigue, similar to the current market atmosphere. Potential catalysts for a rebound, he added, include U.S. economic growth, legislative discussions on market structure bills like the CLARITY Act, and the possibility of nation-state Bitcoin adoption.

The Moscow Exchange (MOEX) plans to introduce futures products for SOL, XRP, and TRX, CoinDesk reported. The exchange, which already offers futures for BTC and ETH, will first launch indices for the new coins. It will then use these indices to roll out futures contracts settled in rubles.

Despite the broader crypto market downturn, the total value locked (TVL) in decentralized finance has only decreased by 12% over the past week, CoinDesk reported. The decline is attributed more to the falling value of underlying assets than to users withdrawing funds. During the market decline, the amount of staked Ethereum (ETH) increased by 1.6 million, and on-chain liquidation risks have remained low compared to past periods. The outlet noted that the DeFi sector's current resilience contrasts sharply with the situation during the 2022 Terra-LUNA crisis. It suggested that demand for yield opportunities continues to flow into DeFi amid macroeconomic uncertainty and volatility, predicting that the market will see a faster recovery once policy uncertainties are resolved in the second half of the year.

U.S. Democratic Senator Chris Murphy has warned that individuals involved in a deal where a member of the United Arab Emirates (UAE) royal family invested $500 million in WorldLibertyFinancial (WLFI), a DeFi project led by the Trump family, could face criminal charges. According to Decrypt, Murphy stated that a UAE investor secretly provided $187 million to President Donald Trump and $31 million to his Middle East envoy, after which the investor gained access to sensitive U.S. defense technology. He described the act as a violation of decades of national security principles and blatant corruption that should not be normalized. CNBC previously reported that the deal was signed months before the Trump administration approved the export of advanced artificial intelligence (AI) semiconductors to the UAE. Subsequently, the U.S. permitted the sale of hundreds of thousands of advanced AI chips from Nvidia to the UAE.

The cryptocurrency market is expected to face continued volatility until policy uncertainty is resolved in the second half of the year, according to an analysis by crypto market maker Wintermute. The firm noted that Bitcoin fell below $80,000 for the first time since the tariff incident last April, triggering $2.55 billion in forced liquidations across the crypto market. Wintermute stated that this decline was not caused by a single negative event but by a combination of macroeconomic factors, including disappointing earnings from the U.S. Magnificent Seven companies, the nomination of known hawk Kevin Warsh for Fed Chair, and a cooling of the overheated precious metals sector. The firm highlighted a key difference from the past collapses of FTX and Luna, explaining that the current downturn is a result of a changing macro environment and position liquidations, not structural bankruptcies. Wintermute concluded that with stronger crypto infrastructure and continued stablecoin adoption, market sentiment could recover quickly once the Fed's policy path becomes clear in the second half of the year.

TrendResearch, which has been accumulating Ethereum (ETH) since November of last year, has deposited an additional 35,000 ETH ($80.85 million) to Binance, Onchain Lens reported. The firm, a subsidiary of LD Capital, held approximately 650,000 ETH until the end of last month. However, following the market downturn last weekend, it has sold off about 138,588 ETH ($319.35 million) and repaid loans on crypto lending protocols such as Aave. According to data from Arkham, TrendResearch's current holdings stand at 513,089 ETH.

Stani Kulechov, founder of the crypto lending protocol Aave (AAVE), has purchased a mansion in London's Notting Hill for $30 million, The Block reported.

Heads of South Korean crypto exchanges are set to meet with the National Assembly's Political Affairs Committee on Feb. 4 to convey industry concerns over a proposal to cap major shareholder stakes, News1 reported exclusively. The meeting is viewed as an opportunity to directly address worries about a plan being reviewed by South Korea's Financial Services Commission (FSC) to limit a major shareholder's stake in an exchange to between 15% and 20%. The measure is part of the second phase of virtual asset legislation and aims to introduce shareholder eligibility reviews comparable to those for Alternative Trading Systems (ATS) in the capital markets. The FSC has reportedly circulated a document outlining the proposal to some members of the committee. The Democratic Party's task force aims to introduce the second-phase bill before the Lunar New Year holiday.

A wallet linked to crypto investment firm HashKey Capital withdrew 6,368 ETH ($14.79 million) from Binance an hour ago, AmberCN reported.

Crypto analyst and IntoTheCryptoverse founder Benjamin Cowen has expressed shock at a prediction from Bitmine (BMNR) Chairman Tom Lee that the crypto market is nearing a bottom, CryptoBasic reported. Cowen was reportedly surprised that Lee would call a bottom at a time when strong selling pressure remains across the market. Lee previously stated in a CNBC interview, when Bitcoin was trading around $77,000, that various indicators were signaling market stability and that industry fundamentals remained solid. CryptoBasic noted that Bitmine is known to have purchased approximately 4.3 million ETH at an average price of between $3,800 and $3,900. The position is now reportedly carrying an unrealized loss of more than $6.6 billion, which is expected to be recorded as one of the largest unrealized losses in financial history.